2011 – 2012 Budget

The Planning Process

ISSUES - REVENUE

• New 2% cap on the local tax levy will result in a $966,703.00 increase.

• Adjustments to the tax levy. Health insurance increase over the State Plan. And Pension costs for non-certified staff.

• Both adjustments would increase the tax levy.• State Aid Increase – Not likely• State Aid stays the same – Maybe• State Aid decreases - likely

Other Sources of Revenue

• Activity Fees for athletics and co-curricular• Transportation• 2nd Question on the ballot

Budget Expenditures

• Employment Contracts -1.3 million needed to covers salary freezes in current budget

• Employee Health Insurance – 10% increase in current year budget.

• Transportation – for students who live beyond the mileage limits.

• Out–of-District tuition for special needs students.

• Utilities – Electric, fuel oil, and gas• Insurance – accident, liability, buildings

vehicles• Special services - student evaluations,

related services OT & PT.

Contractual/Mandated Costs