2014-2015 Undistributed Budget and Estimated Revenues Presentation - PowerPoint PPT Presentation

2014-2015 Undistributed Budget and Estimated Revenues Presentation March 25,2014 1

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Non-Instructional Budget Summary 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 13-14 to 14-15 Adopted Adopted Adopted Adopted Proposed Dollar Percent Functional Area Budget Budget Budget Budget Budget Change Change Board of Education 10,529 15,834 20,157 18,977 25,530 6,553 34.53% Central Administration 200,004 177,926 180,300 186,166 184,529 (1,637) -0.88% Finance 313,728 305,672 300,477 304,687 313,500 8,813 2.89% Staff 53,369 97,369 150,559 120,676 122,712 2,036 1.69% Central Services 1,219,503 1,208,025 1,184,894 1,209,665 1,289,897 80,232 6.63% Special Items (Contractual) 235,800 233,300 242,014 242,976 257,000 14,024 5.77% Pupil Transportation 959,735 873,070 857,248 797,446 784,021 (13,425) -1.68% Community Services 2,900 2,900 1,200 1,200 1,200 0 0.00% Total Non-instructional 2,995,568 2,914,096 2,936,849 2,881,793 2,978,389 96,596 3.35% 3

Instructional Budget Summary 2011-2012 2012-2013 2013-2014 2014-2015 Adopted Adopted Adopted Proposed Dollar Percent Budget Account Budget Budget Budget Budget Change Change 2020 Supervision-Regular School 524,814 495,776 491,291 455,263 (36,028) -7.33% 2060 Research, Planning & Evaluation 0 0 0 0 0.00% 2070 Inservice Training-Instruction 55,685 90,470 101,270 136,490 35,220 34.78% 2110 Teaching-Regular School 5,321,236 5,248,668 5,274,232 5,395,493 121,261 2.30% 2250 Prg For Sdnts w/Disabil-Med Elgble 2,497,040 2,191,887 2,139,756 2,287,036 147,280 6.88% 2280 Occupational Education(Grades 9-12) 465,074 476,972 506,984 527,001 20,017 3.95% 2330 Teaching-Special Schools 35,670 55,000 70,000 70,100 100 0.14% 2610 School Library & AV 224,078 233,895 242,974 237,322 (5,652) -2.33% 2630 Computer Assisted Instruction 504,629 509,277 553,890 614,510 60,620 10.94% 2805 Attendance-Regular School 9,760 10,375 11,855 12,278 423 3.57% 2810 Guidance-Regular School 258,508 262,141 266,905 281,958 15,053 5.64% 2815 Health Srvcs-Regular School 104,564 105,646 108,781 116,492 7,711 7.09% 2816 Diagnotic Screening 145,725 150,709 153,700 162,699 8,999 5.85% 2825 Social Work Srvcs-Regular School 142,184 143,508 141,539 146,293 4,754 3.36% 2850 Co-Curricular Activ-Reg Schl 70,971 72,424 95,659 98,937 3,278 3.43% 2855 Interscholastic Athletics-Reg Schl 223,937 234,588 247,853 247,095 (758) -0.31% Total Instructional 10,583,875 10,281,336 10,406,689 10,788,967 382,278 3.67% 4

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Undistributed Components  Employee Benefits  Sick & Vacation Leave  Interfund Transfers  Retirement System  Special Aid  Social Security & Medicare  Debt Service  Workers Compensation  Capital  Unemployment Insurance  Disability Insurance  Health Insurance  Premium Costs  BOCES Services  Pymt in Lieu of Health Ins  Accrued Liabilities  Career Increment 6

Employee Benefits 2011-2012 2012-2013 2013-2014 Adopted Adopted Adopted 2014-2015 Percent Benefit Account Budget Budget Budget Proposed Dollar Change Change NYS Employees Retirement 365,500.00 352,000.00 453,251.00 375,000.00 (78,251.00) -17.26% NYS Teachers Retirement 797,597.00 945,739.00 1,165,938.00 1,334,033.00 168,095.00 14.42% Social Security 729,699.00 741,576.00 756,576.00 781,900.00 25,324.00 3.35% Workers Compensation 80,000.00 80,300.00 82,000.00 79,000.00 (3,000.00) -3.66% Unemployment Insurance - - 20,000.00 10,000.00 (10,000.00) -50.00% Disability Insurance 14,000.00 14,000.00 15,000.00 15,000.00 - 0.00% BOCES Services 11,025.00 12,500.00 12,500.00 12,500.00 - 0.00% Health Insurance 3,838,036.00 4,290,600.00 4,364,345.00 4,445,000.00 80,655.00 1.85% Pymt in Lieu of Health In 18,940.00 19,000.00 104,000.00 107,000.00 3,000.00 2.88% Sick Leave 20,000.00 20,000.00 40,000.00 18,500.00 (21,500.00) -53.75% Career Increment 40,000.00 40,000.00 40,000.00 18,500.00 (21,500.00) -53.75% Vacation Leave 12,000.00 4,000.00 3,000.00 3,000.00 - 0.00% Total Employee Ben 5,926,797.00 6,519,715.00 7,056,610.00 7,199,433.00 142,823.00 2.02% 7

Employee Benefits 4 year history 7,000,000.00 6,000,000.00 5,000,000.00 4,000,000.00 3,000,000.00 2,000,000.00 1,000,000.00 - 2011-2012 Adopted Budget 2012-2013 Adopted Budget 2013-2014 Adopted Budget 2014-2015 Proposed  Retirement System (ERS & TRS)  Health Insurance ERS contribution decrease & salary Premium increase 4%   reallocation Bargaining unit concessions  TRS Salary & contribution % increases  BOCES Services  Pymt in Lieu of Health Ins   Workers Compensation  Other Benefits SAPSWC Self Insurance Consortium ERM  Career Increment  adjusted down. Sick & Vacation Leave   Disability Insurance Projected costs  8

Interfund Transfers Transfer to Special Aid 90,000.00 45,000.00 50,000.00 35,000.00 (15,000.00) -30.00% Transfer to Debt Service 741,498.00 726,012.00 743,605.00 706,005.00 (37,600.00) -5.06% Transfer to Capital Fund - - 26,578.00 58,013.00 31,435.00 118.27% Total Transfers 831,498.00 771,012.00 820,183.00 799,018.00 (21,165.00) -2.58% 9

Interfund Transfer Interfund Transfers 4 year history 840,000.00 830,000.00 820,000.00 810,000.00 800,000.00 790,000.00 780,000.00 770,000.00 760,000.00 750,000.00 740,000.00 2011-2012 Adopted Budget 2012-2013 Adopted Budget 2013-2014 Adopted Budget 2014-2015 Proposed  Special Aid – estimated cost for extended school year programs.  Debt Service – Principal and interest for voter approved bond issues.  Transfer to Capital – Principal cost for Bus Purchases Bond Anticipation Note 10

Undistributed Items 2011-2012 2012-2013 2013-2014 2014-2015 Percent Benefit Account Adopted Budget Adopted Budget Adopted Budget Proposed Dollar Change Change 9010-800-00 NYS Employees Retiremt 365,500.00 352,000.00 453,251.00 375,000.00 (78,251.00) -17.26% 9020-800-00 NYS Teachers Retiremt 797,597.00 945,739.00 1,165,938.00 1,334,033.00 168,095.00 14.42% 9030-800-00 Social Security 729,699.00 741,576.00 756,576.00 781,900.00 25,324.00 3.35% 9040-800-00 Workers Compensation 80,000.00 80,300.00 82,000.00 79,000.00 (3,000.00) -3.66% 9050-800-00 Unemployment Insurance - - 20,000.00 10,000.00 (10,000.00) -50.00% 9055-800-00 Disability Insurance 14,000.00 14,000.00 15,000.00 15,000.00 - 0.00% 9060-490-00 BOCES Services 11,025.00 12,500.00 12,500.00 12,500.00 - 0.00% 9060-800-00 Health Insurance 3,838,036.00 4,290,600.00 4,364,345.00 4,445,000.00 80,655.00 1.85% 9060-810-00 Pymt in Lieu of Health In 18,940.00 19,000.00 104,000.00 107,000.00 3,000.00 2.88% 9089-100-00 Sick Leave 20,000.00 20,000.00 40,000.00 18,500.00 (21,500.00) -53.75% 9089-160-00 Career Increment 40,000.00 40,000.00 40,000.00 18,500.00 (21,500.00) -53.75% 9089-161-00 Vacation Leave 12,000.00 4,000.00 3,000.00 3,000.00 - 0.00% Total Employee Ben 2.02% 5,926,797.00 6,519,715.00 7,056,610.00 7,199,433.00 142,823.00 9901-950-00 Transfer to Special Aid 90,000.00 45,000.00 50,000.00 35,000.00 (15,000.00) -30.00% 9901-960-00 Transfer to Debt Service 741,498.00 726,012.00 743,605.00 706,005.00 (37,600.00) -5.06% 9950-900-00 Transfer to Capital Fund - - 26,578.00 58,013.00 31,435.00 118.27% Total Transfers 831,498.00 771,012.00 820,183.00 799,018.00 (21,165.00) -2.58% Total Undistributed 6,758,295.00 7,290,727.00 7,876,793.00 7,998,451.00 121,658.00 1.54% 11

Undistributed Items 8,200,000.00 8,000,000.00 7,800,000.00 7,600,000.00 7,400,000.00 7,200,000.00 7,000,000.00 6,800,000.00 6,600,000.00 6,400,000.00 6,200,000.00 6,000,000.00 2011-2012 Adopted Budget 2012-2013 Adopted Budget 2013-2014 Adopted Budget 2014-2015 Proposed  Cost area driven by other factors including state & federal mandates and contractual obligations.  Health Insurance savings from Staff Association contractual changes related to the Matrix Plan have played a major role in keeping increase low.  District plans include continued exploration of cost containment options for employee benefits. 12

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