Menands Union Free School District

1. Menands Union Free School District 2019-2020 Budget Workshop April 1, 2019

2. Budget Reminders • We will budget from the perspective of what we know to be true in the present moment. • Though we will be cautiously optimistic about decreases in expenditures or increases in revenue, WE WILL NOT MAKE ASSUMPTIONS. • Hope for the best, plan for the worst.

3. Changes Since We Last Met • NYS Budget update and any impact. • Expenditure & Revenue updates.

4. NYS Budget Update • Continued advocacy & communication with elected officials. • House Bills still being negotiated

5. 2019-2020 budget – draft 1 at the allowable cap • Historic adjustments have included: • $815,042 of Assigned Fund Balance • $ 50,000 Transfer from Reserve • Resulting Gap would be ($255,774)

6. 2019-2020 budget – draft 2 at the allowable cap • Historic adjustments have included: • $815,042 of Assigned Fund Balance • $ 50,000 Transfer from Reserve • Resulting Gap would be ($9,617)

7. Updated tax cap scenarios

8. 2019-2020 budget – draft 3 at 3.75 % • Historic adjustments have included: • $815,042 of Assigned Fund Balance • $ 50,000 Transfer from Reserve • No Resulting Gap

9. How Did we get there Expenditures • Staffing & Benefits • BOCES Services • Contractual • Tuition • Special Education Revenue • No Change

10. What we still do not Know • Adjustments to the Governor’s Proposal • Foundation Aid • Expense based aids • Special education placements • Certain contractual increases

11. Questions & Discussion Discussion among & direction from the Board Do we need another Budget Workshop?

12. Budget Adoption • To Be Determined • Budget MUST be adopted by April 17, 2019 Board of Education Meeting