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Ticonderoga Central School District

Ticonderoga Central School District. 2010-2011 Budget Presentation April 26, 2010. Budget Timeline. Jan.- March 2010- Internal Discussion on budget Budget Sub-committee meetings March 16, 2010- Public Budget Workshop April 6, 2010- Hearing on Proposed Budget

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Ticonderoga Central School District

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  1. Ticonderoga Central School District 2010-2011 Budget Presentation April 26, 2010

  2. Budget Timeline • Jan.- March 2010- Internal Discussion on budget • Budget Sub-committee meetings • March 16, 2010- Public Budget Workshop • April 6, 2010- Hearing on Proposed Budget • April 21, 2010- Hearing/Adoption of Budget • April 23, 2010- Property Tax Report Card • April 26, 2010- Public Budget Meeting in Hague • May 11, 2010- Public Hearing on Budget • May 18, 2010- District Budget Vote

  3. 2010-2011 Budget Summary What is known: • $435,000 reduction in aid (4.75% levy impact) • $290,418 increase in debt service Bottom line= We are starting out with about $725,418 deficit without addressing program or inflation. The combination of revenue reductions, increases in expenses mainly due the in impact of the building project, and the state of the economy in New York and the nation has created a perfect storm budget crisis for the upcoming year.

  4. Enrollment 08-09 09-10 10-11* 11-12* 12-13* 13-14* 14-15* 975 964 890* 870 840 833 831 Trends: • We have smaller classes k-6 • We have transitional families • We do not see an increase in student population based on our census data in the near future * Projected

  5. Staffing Philosophy (Regular Education) In order maintain a high quality academic program, the District has used the following class size numbers as a guideline when budgeting: Pk-2: 17 Students or less 3-5 : 20 Students or less 6-12: 25 Students or less The above guidelines are based on the theory that smaller class sizes at the lower grades prevent special education/academic intervention services in the upper grades.

  6. 2010-2011 Budget Challenges Expenditures Debt Service: Impact of Building Project begins during the 2010-2011 budget year. 2009-2010 2010-2011 Increase Less aid Net Increase $1,228,113 $2,250,806 $1,022,693 ($732,275) $ 290,418 Personnel- Salaries and Benefits (TRS/ERS/Ins) Inflation

  7. 2010-2011 Budget Reduction Concepts Staffing Reductions: • Declining Enrollment/Class size guide discussion • Retirement/Attrition/Lay-offs • NYS Early Retirement Incentive • As of 4/21 we have 7.5 retirements that will not be replaced Transportation • Route Consolidation/Bus Purchase • Eliminate Athletic Routes • Eliminate Conference Travel Other • Eliminate Conferences • Eliminate Department Chairs

  8. 2010-2011 Budget Reduction Concepts Other • Eliminate Music Enrichment • Eliminate THS • Evaluate all Extra-Curricular Activities • Evaluate BLT • Evaluate BOCES Services

  9. Actual Cuts 7.5 Staff Reductions: $ 432,000 Other Reductions: $ 149,249 • Bus Purchase • Route Elimination • Conferences • Conference Travel • Dept Chairs • Music Enrichment • THS • Prevention Team Total:$ 581,249

  10. Budget Breakdown Category09-1010-11$Change %Change% 0f Total Board of Ed 17,673 18,003 330 1.87 0.10 Administration 221,025 224,798 3,773 1.71 1.22 Business Office 229,125 236,176 7,051 3.08 1.29 Personnel/Legal 31,500 33,000 1,500 4.76 0.18 Cust/Maint 1,343,181 1,368,217 25,036 1.86 7.45 Gen. Support 249,200 259,750 10,550 4.23 1.42 Curric/Superv 573,373 497,305 (76,068) -13.27 2.71 Teaching-Reg 5,130,033 4,907,563 (222,470) -4.34 26.74 Special Ed 1,572,205 1,653,436 81,230 5.17 9.00 Occ. Education 162,500 176,000 13,500 8.31 0.96 Teaching-Spec 50,500 47,125 (3,375) -6.68 0.26 Library 221,575 233,994 12,419 5.61 1.27 Computer Inst. 213,676 243,752 30,076 14.08 1.33 Guidance 177,677 185,955 8,278 4.66 1.01

  11. Budget Breakdown(continued) Category 08-0909-10 $Change %Change% of Total Health Services 95,309 111,422 16,113 16.91 0.61 Psychological/ Social Worker 193,074 206,358 13,284 6.88 1.12 Extra Curr. 114,800 120,010 5,210 4.54 .65 Inters. Athl 325,275 322,350 (2,925) (0.90) 1.76 Transportation 730,000 733,793 3,7930.52 3.99 Census 5,555 5,835 280 5.04 0.03 Benefits 4,219,750 4,503,342 283,591 6.72 24.54 Debt Service 1,228,114 2,250,806 1,022,693 83.27 12.26 Trans. Spec Aid 14,000 15,000 1,000 7.14 0.08 Total $17,119,120 $18,353,991$1,234,871 7.21% 100.00%

  12. 2010-2011 Budget Challenges Revenue Economic Recession: Interest Income is lower than anticipated Putnam Contract: Number of students decreased resulting in lower tuition payment Stimulus Funds: Funds diverted from to cover state budget deficit State Aid: Delays and Reductions

  13. 2010-2011 Budget Challenges Revenue State Aid: 2009-10 2010-2011 % $ Foundation $4,959,683 $4,959,683 0 0 BOCES 159,211 184,126 15% 24,915 Ex Cost (Pc) 30,236 29,816 -1.39 -420 Ex Cost (Pt) 0 13,636 N/A 13,636 UPK 81,000 81,000 0 0 Hardware 3,561 3,554 -.2 -7 Software 76,124 71,752 -5.74 -4,372 Transportation 270,884 267,463 -1.26 -3,421 High Tax 227,501 227,501 0 0 Building 577,039 1,309,314 126% 732,275 Deficit Redux -435,793 N/A -435,793 Total $6,385,239 $6,712,052 5.12 $326,813

  14. Revenue Fund Balance: Districts are allowed to retain 4% Fund Balance from year to year. Anything above that TCS uses to offset the levy: $675,000 International Paper: $200,000 Other: Putnam Contract, Interest $900,000 ERS Reserve $175,000 Tax Levy

  15. Debt Service Impact 09-10 10-11 Diff % $17,119,120 $18,353,991$1,234,871 7.21% * $17,119,120 $17,331,991 $212,871 1.24% *Takes out impact of building project

  16. Contingency Contingent Budget: $18,079,506 As of 4/21 Budget: $18,353,991 To meet a contingent budget scenario, we still would need $274,485 in either additional cuts or additional revenue. That would still result in a 5.8% tax levy increase.

  17. Proposed Budget 2009-2010 2010-2011 Diff Expenditure: $17,119,120 $18,353,991^ 7.21%* Revenue: Aid- 6,398,916 6,631,052^ 3.63%* Other/Fund Bal- 1,575,000 1,775,000 9 % Adjustments 207,900 N/A# Levy- 9,145,204 9,740,039 6.5% Total $17,119,120 $18,353,991 * Includes Debt service/Building Aid # Anticipated ^ Excludes Universal PK

  18. Questions/Comments

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