Public Budget MeetingPublic Budget MeetingMarch 29, 2007March 29, 2007

DraftDraft2007-08 2007-08 BudgetBudget

Fiscal ConsiderationsFiscal Considerations1. New Debt Service1. New Debt Service

2. Enrollment2. Enrollment

3. “Difficult to Control” Costs3. “Difficult to Control” Costs

4. A 214. A 21stst Century Education Century Education

1. New Debt Service1. New Debt Service

$1.9 million in new debt service $1.9 million in new debt service payments payments

- new elementary school- new elementary school in Otisvillein Otisville

- improvements to our K-5 - improvements to our K-5 building on the Rt. 6 campus.building on the Rt. 6 campus.

2. Enrollment2. Enrollment

Current 2006-07:Current 2006-07: 4645 students 4645 students

Projected 2007-08:Projected 2007-08: 4671 students 4671 students

3. “Difficult to Control” 3. “Difficult to Control” CostsCosts

Fuel and utility CostsFuel and utility Costs Equipment – buses, maintenanceEquipment – buses, maintenance Pension and employee benefitsPension and employee benefits Enrollment in specialized Enrollment in specialized

programsprograms Payroll Payroll

4. A 214. A 21stst Century Century EducationEducation

E-LearningE-Learning Virtual High SchoolVirtual High School Foreign Language GrantForeign Language Grant Enhanced Home/School Enhanced Home/School

CommunicationsCommunications Wireless TechnologyWireless Technology Mobile Computer LabsMobile Computer Labs

What are the What are the newnew expenses expenses

in the 07-08 Budget?in the 07-08 Budget? 4.7 Teaching positions4.7 Teaching positions Instructional programs Instructional programs 3.2 Support staff positions3.2 Support staff positions JV Lacrosse, 4 asst. coachesJV Lacrosse, 4 asst. coaches 7 Buses, 1 additional driver7 Buses, 1 additional driver Debt ServiceDebt Service

What Didn’t Make the What Didn’t Make the Cut?Cut?

1.0 Administrator position1.0 Administrator position 4.1 teaching positions4.1 teaching positions 4.5 classroom aide/support 4.5 classroom aide/support

positionspositions $179,000 B&G $179,000 B&G

equip/improvementsequip/improvements $417,000 additional buses$417,000 additional buses

The Budget FormatThe Budget Format The format for NYS school budgets The format for NYS school budgets

groups expenditures into 5 major groups expenditures into 5 major categories:categories:

General SupportGeneral SupportInstructionInstruction

TransportationTransportationEmployee BenefitsEmployee Benefits

Debt ServiceDebt Service

General SupportGeneral Support

Utility costsUtility costs Contract, general cost-of-living Contract, general cost-of-living

increasesincreases

2006-072006-07 2007-082007-08 $6,514,981$6,514,981 $6,785,107 $6,785,107 +4.1%+4.1%

InstructionInstruction Personnel, equipment, supplies and Personnel, equipment, supplies and

textbooks to meet curriculum needs and textbooks to meet curriculum needs and increasing enrollmentincreasing enrollment

Regular instruction Regular instruction Career and technical education Career and technical education Special Education Special Education Technology Technology Testing Testing

Virtual HS, expanded Honors Program, Virtual HS, expanded Honors Program, enhanced home/school communications enhanced home/school communications systemsystem

2006-072006-07 2007-082007-08 $39,766,938$39,766,938 $42,762,264 $42,762,264 + 7.5%+ 7.5%

TransportationTransportation Additional driver position to addressAdditional driver position to address growing enrollmentgrowing enrollment 4 72-passenger buses 4 72-passenger buses 2 28-passenger buses 2 28-passenger buses 1 21-passenger, WC bus1 21-passenger, WC bus Final payment on 5 leased busesFinal payment on 5 leased buses

2006-072006-07 2007-082007-08$4,334,926 $5,012,529$4,334,926 $5,012,529 + 15.6%+ 15.6%

Employee BenefitsEmployee Benefits

Payroll-driven benefit costsPayroll-driven benefit costs

* Pension system contribution rates and * Pension system contribution rates and health insurance rates are projected to health insurance rates are projected to increase less than 3%.increase less than 3%.

2006-072006-07 2007-082007-08$15,357,707 $15,357,707 $15,831,182 $15,831,182 +3.1%+3.1%

Debt ServiceDebt Service

2006-072006-07 2007-082007-08 $5,091,800 $6,984,867 $5,091,800 $6,984,867

+37.2%+37.2%

Our district is eligible for building aid Our district is eligible for building aid on this new debt service expense. on this new debt service expense. After building aid is applied, the local After building aid is applied, the local share accounts for a tax rate increase share accounts for a tax rate increase of a little over 1%.of a little over 1%.

The Spending PlanThe Spending PlanDraft 2007-08 Budget:Draft 2007-08 Budget: $77,516,449$77,516,449

Increase over prior year:Increase over prior year: 8.92% 8.92%

New debt serviceNew debt service == 2.66%2.66% Contract increasesContract increases == 3.10%3.10%BOCES instruction programsBOCES instruction programs == 1.56%1.56%New positions, programsNew positions, programs == .80% .80%TransportationTransportation == .80% .80%

Conservative SpendingConservative Spending

$11,910$13,800

$15,944

$0$2,000$4,000$6,000$8,000

$10,000$12,000$14,000$16,000

Minisink Ave.OrangeCounty

Ave. Mid-

Hudson

Per pupil $

The Revenue SideThe Revenue Side School budgets are funded by:School budgets are funded by:

State AidState Aid Local RevenueLocal Revenue Real Property Tax Real Property Tax

LevyLevy

Effect on TaxesEffect on Taxes

Tax levy increaseTax levy increase 7.4 % 7.4 %

Average Average TAX RATETAX RATE increase increase 5.5% 5.5%

However ….However ….

NYS Budget and State NYS Budget and State AidAid

… … our legislators are working hard to secure our legislators are working hard to secure more state aid for our area schools. more state aid for our area schools.

More state aid means a lower tax levy and More state aid means a lower tax levy and a lower tax bill for our residents. a lower tax bill for our residents.

ALSO…ALSO…

Governor’s Tax Relief Governor’s Tax Relief ProposalsProposals

The Governor’s proposed budget The Governor’s proposed budget includes $1.25 million in designated includes $1.25 million in designated tax relief for our school district tax relief for our school district taxpayers. Distribution is to be in one taxpayers. Distribution is to be in one of two ways:of two ways:

…….. Middle Class STAR.. Middle Class STAR oror …….. Property Tax Rebates.. Property Tax Rebates

Impact of Tax ReliefImpact of Tax Relief

Whichever option is selected, Whichever option is selected, the designated share for the designated share for Minisink school district Minisink school district residents is $1.25 million. residents is $1.25 million.

This equates to a 4% lower tax This equates to a 4% lower tax levy.levy.

The Public VoteThe Public Vote

Tuesday, May 15 ~ Noon – 9 PMTuesday, May 15 ~ Noon – 9 PM

□ □ 2007-08 Annual Budget2007-08 Annual Budget □ □ Reduction of board seat terms from Reduction of board seat terms from the current 5 years to 3 years.the current 5 years to 3 years. □ □ 2 Board of Education seats - 5 year terms2 Board of Education seats - 5 year terms □ □ 1 Board of Education seat - 2 year term1 Board of Education seat - 2 year term

Our Students, Our FutureOur Students, Our Future

VoteVote MAY 15MAY 15 VoteVote