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Guilderland C.S.D. 2019-20 Budget Hearing

Get details about the proposed budget for Guilderland Central School District for the 2019-20 school year, including revenue and expenditure breakdowns, tax impacts, and the budget vote.

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Guilderland C.S.D. 2019-20 Budget Hearing

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  1. Guilderland C.S.D.2019-20 Budget HearingMay 7, 2019

  2. Proposed Budget for 2019-20 2018-19 Budget $100,925,515 2018-19 Budget $102,107,375 Budget Increase $ 1,181,860 Percentage Increase 1.17% Tax Levy Increase (estimated) 1.44% Town of Guilderland Residents Tax Rate Decrease (estimated) -28.20% 50% voter approval required for passage of the budget

  3. 2019-20 School Year 3-Part Budget Summary

  4. Three Part Budget Summary Program Component School year 2018-19 2019-20 Amount $76,366,504 $78,207,598 % of total 75.7% 76.6% • Salaries & benefits of teachers, guidance counselors, aides, monitors, nurses, social workers, psychologists, speech therapists, etc. • Professional development • Library/media/computer services • Student transportation • Co-curricular activities • Interscholastic athletics

  5. Three Part Budget Summary Administrative Component School year 2018-19 2019-20 Amount $11,132,879 $11,158,721 % of total 11% 11% • Salaries & benefits of administrators, supervisors and administrative clerical staff • Public information & central printing • Research, planning & evaluation • Central data processing • Tax collection & most legal services • School board costs

  6. Three Part Budget Summary Capital Component School year 2018-19 2019-20 Amount $13,426,132 $12,741,056 % of total 13.3% 12.4% • Debt service on buildings • School bus purchases • Tax certiorari & court ordered costs • Operation & maintenance (including salaries and benefits of custodial staff)

  7. Revenue Budget

  8. 2019-2020 Budgeted Revenues and Expenditures

  9. 2019-2020 Tax Impact

  10. Town of Guilderland Reassessment Town Resident School Tax Impact If your property value increased less than 39%, your school tax bill should decrease If your property value increased more than 39%, your school tax bill should increase If your property value increased 39%, your school tax bill should remain the same

  11. Town of Guilderland Reassessment Town Resident School Tax Impact (Continued) To calculate your own tax bill, go to our on-line calculator at https://www.guilderlandschools.org/budget-taxes/taxes/tax-calculator/

  12. Tax Levy Limit(Property Tax Cap) Must follow an 8-step formula determined by N.Y.S. Formula limits the increase in the vast majority of expenses to 2% or less Result of formula determines the amount that property taxes can increase setting a threshold for voter approval If tax increase is lessthan the threshold amount, budget passes with 50% or more of the voters voting “yes” If tax increase is greaterthan the threshold amount, budget passes with 60% or more of the voters voting “yes” If budget is defeated, no increase in taxes is permitted

  13. 2019-20 G.C.S.D. Tax Levy Limit Calculation

  14. 2019-2020 Tax Levy and Limit *Increase based on 2018-19 tax levy of $72,297,457 Budgeted tax levy is less than the maximum allowable tax levy limit therefore, a passed budget requires a simple majority approval of at least 50% of the voters.

  15. Budget Vote Approval Margins

  16. Contingency Budget and Tax Levy Limit Law` If the budget fails to pass on first attempt, the Board of Education can choose to (a) put the same budget or a modified version up for a second vote or (b) choose to go directly to a contingency budget. If the budget is defeated a second time, the Board of Education must adopt a contingency budget. Non-contingent expenses (i.e. new equipment, community use of buildings) must be removed from the budget and the administrative budget cap requirement met.

  17. Contingency Budget and Tax Levy Limit Law(Continued) Property tax levy may not increase by any amount (zero percent) over the current year tax levy. For 2019-20, additional revenue and/or additional expenditure reductions totaling $1,041,484 would be required to meet contingency budget requirements.

  18. Budget Vote, Propositions and Board Election • Budget Proposition: $102,107,375 • Bus & Equipment Proposition:$939,400 • Capital Project Bond Proposition: $30,926,000 • Three candidates vying for three open seats: Barbara Fraterrigo Kelly Person Gloria Towle-Hilt For more information: Visit www.guilderlandschools.org and go to the “News Headline” section

  19. PLEASE VOTE! Vote Date: Tuesday, May 21, 2019 Polls open: 7:00 a.m. – 9:00 p.m. Vote at the elementary school in your attendance zone. See https://es.findmypollplace.com/guilderlandcsd/ for street listings with attendance zones for your voting location

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