Superintendent’s Budget Proposal

Oswego City School District 2012-13 Budget Plan

March 20, 2012

Budget Priorities

• Program Preservation with appropriate staffing

• Programming to support district/board goals

• Health and Safety of Students/Staff

• Efficiency of Operations

• Responsible Use of Appropriated Fund Balance

• Elementary Redistricting for 2012-13

Budget Priorities

• Big Picture School

• Universal Pre-K (Developmental Component)

• Elimination of ‘VOID’ Year for SpecED

• Implementation of RTTT• Common Core• Data Driven Instruction• APPR – Teacher and Principal

• Capital Improvements• EXCEL Expenditures/Referendum

Fiscal Navigation

• Contract Negotiations (CSEA, OCTA, COASA and AAP)

• Litigation

• Grievance(s)

• Tax Certiorari Challenges

• Governor’s Budget• $250 million Competitive Grants

• Contingency Budget Parameters

• Retirements

• 2% Tax Levy Cap vs Tax Levy Limit

Debt Service Payments 2005-2006 School Year through 2013-2014 School Year Principal Interest Total

2005-2006 952,409 682,300 1,634,7092006-2007 901,918 935,340 1,837,2582007-2008 1,082,612 711,163 1,793,7752008-2009 1,292,942 676,130 1,969,0722009-2010 1,518,516 991,640 2,510,1562010-2011 2,970,067 1,581,741 4,551,8082011-2012 3,030,580 2,950,645 5,981,2252012-2013 4,163,292 2,626,925 *6,790,2172013-2014 4,920,443 2,634,929 **7,555,372

20,832,779 13,790,813 34,623,592

* Includes Oswego BOCES Capital Project using a BAN on 55% of the Oswego City School District obligation.

** The School District will begin debt service payments on the fully bonded amount in 2013-2014. Using the 10 year Bond term, this will mean an approximate addition of $825,000 in debt service for 2013-2014. The School District will also receive BOCES aid to offset the borrowing costs at a rate of 63.09% on the project resulting in approximately $383,249 in aid for 2013-2014.

Appropriations Analysis

Budget Appropriations 2011-122012-13

ProposedIncrease/Decrease

GENERAL SUPPORT $9,082,212 $10,102,332 1,020,120

INSTRUCTION $33,247,317 $35,252,857 2,005,540

TRANSPORTATION $3,125,918 $3,274,946 149,028

EMPLOYEE BENEFITS $22,715,120 $23,224,132 509,012

DEBT SERVICE $6,494,181 $6,790,218 296,037

INTERFUND TRANSFERS $80,000 $100,000 $20,000

TOTAL $74,744,748 $78,744,485 3,999,737

Revenue Analysis

Revenue Source 2011-12 2012-13 Proposed

Appropriated Fund Balance $ 0 $ 1,600,000

Levy * $ 26,218,780 $ 26,361,437

State Aid (Gov.) $ 13,854,906 $ 15,246,996

Building Aid $ 6,816,317 $ 4,356,411

Other sources $ 27,854,745 $ 30,225,690Additional Revenues and/or Program Adjustments $ 0 $ 953,951

TOTAL $ 74,744,748 $ 78,744,485

* Actual is $54,055,460

School Bus Purchase Proposition

• Replace 10 Buses $999,952 ($699,966 State Aid) – (8) 66 Passenger Buses ($105,551 each)– (1) 60 Passenger Bus w/up to 2 wheelchairs ($113,678) – (1) 30 Passenger Bus ($ 41,865)

• Aging Fleet• Minimal impact on debt service expenses• Maximizes safety• Minimizes maintenance and repair costs• No impact on 2012-2013 Budget

Tax Impact of Proposed Levy

Value with Star *Year Rate/1000 $ 100,000 $ 100,000

2009/10 $ 21.54 $ 2,154 $ 1,508

2010/11 $ 21.28 $ 2,128 $ 1,490

2011/12 $ 19.15 $ 1,915 $ 1,341

2012/13 $ 19.47 $ 1,947 $ 1,363

2012/13**$ 22.80 $ 2,280

$ 1,596

*Net $70,000 after $30,000 star exemption** Permissible based on NYS Tax Cap Formula (Tax Levy Limit)

Tax Rate & Levy History

PercentageYear Tax Rate Change Tax Levy

2005/06 23.12 N/A $ 26,815,020

2006/07 20.69 -10.51% $ 26,567,233

2007/08 20.67 -0.1% $ 27,370,133

2008/09 21.45 +3.77% $ 28,668,250

2009/10 21.54 +0.42% $ 29,676,714

2010/11 21.28 +1.21% $ 34,699,455

2011/12 19.15 -11.12% $ 54,055,460

2012/13 ** 19.47 +1.67% $ 26,361,437

2012/13 * 22.80 +19.06% $ 30,884,916

** Proposed* Based on New York State Tax Cap Formula (Tax Levy Limit)

Budget Calendar

March 20, 2012 Finalize preliminary budget; Board of Education approval of propositions

March 27, 2012 Preliminary budget hearing (open to the public)March 27-31, 2012 District will publish first of four legal notices of budget

vote and board electionApril 17, 2012 Budget Discussion - Adoption of budget by the Board of

EducationApril 20, 2012 Real Property Tax Report Card to SED (or within 24 hours

of adoption)April 20, 2012 Budget available for public review (Each School Building)April 24, 2012 Budget Hearing (Regular Meeting) Admin/Program/Capital

ComponentsMay 9, 2012 Mail School Budget Notice/District Newsletter (after Budget

Hearing)May 15, 2012 Budget Vote/Annual Meeting (Voting - 12:00 to 9:00 pm)

DISCUSSION