2020-2021 Budget Adoption Presentation May 19, 2020 Board of - PowerPoint PPT Presentation

2020-2021 Budget Adoption Presentation May 19, 2020 Board of Education Meeting

 Calculated the Tax Levy Cap  Schools close due to COVID  $44,830,813 or 1.89% increase over 2019-20  Unknowns around state budget and state aid to schools  Created a “roll over” budget  School aid can be reduced 3  $91,762,714 or $535,641 2020-2021 times between April 30 – increase over 2019-20 December 31, 2020 Budget  Up to 20% reduction possible  Created budget goals Progression  School budget votes  No increase in delayed appropriations budget  School budget and Board of Education candidate vote by  Budget presentations to absentee ballot on June 9, Board of Education in 2020 February - March

 April 2, 2020 – Goal to have a zero increase to the General Fund appropriations budget  $91,227,073  April 15, 2020 – reduce budget by retirement breakage  Additional reduction of $72,905 2020-2021  $91,154,168 Budget  April 21, 2020 – reduce number of inclusion teachers necessary for Cooke/KLR reconfiguration included in initial budget Proposal  Additional reduction of $60,010  $91,094,158  May 11, 2020 – reduce budget by recent resignations not being replaced  Additional reduction of $109,158  $90,985,000

 Reviewed other portions of the proposed budget and reduced the following  BOCES Grant Writing Service  Transportation purchased services  Interfund transfer to Capital  Resulted in an additional $115,000 reduction in the General Fund 2020-2021 budget  Recommended 2020-2021 General Fund Budget for Board of Budget Education Adoption  $90,870,000 Proposal  $357,073 LESS than the 2019-2020 General Fund Budget - (0.4%) reduction  $892,714 LESS than the rollover projection – (0.97%) reduction  Budget workgroup created to identify and reflect on potential barriers and opportunities for the 2020-2021 budget and beyond.  Defer certain purchases until after 12/31/2020.  Baseline for discussion on how to create the 2021-22 budget if aid cuts continue

Description 2020-2021 2019-2020 Proposed Budget Approved Budget Central Admin/Undistributed $865,200 $829,071 Plant Operations $2,971,360 $2,831,360 Security $104,100 $82,800 Staffing $38,591,340 $37,907,072 Curriculum/ Staff Dev $1,027,430 $1,111,797 2020-2021 Building budgets $974,138 $1,109,129 Budget BOCES $17,474,577 $17,045,102 Proposal Technology $470,000 $470,000 PPS/Summer/Special Programs $2,268,602 $2,361,552 Interscholastic Athletics $234,473 $234,598 Transportation $2,136,236 $1,684,446 Employee Benefits $20,411,655 $20,782,800 Debt Service $3,340,889 $4,777,346 Total $90,870,000 $91,227,073

Description 2020-21 Proposed 2019-20 Revenue Revenue Budget Budget Property Tax Levy $44,830,000 $44,000,000 PILOTS $2,358,959 $2,042,420 Interest Earnings $180,000 $225,000 2020-2021 Lease of Real Property $109,625 $109,613 Revenue Refund of Prior Year BOCES $1,800,000 $1,400,000 Misc. Other Revenue $443,500 $362,500 Budget State Aid $37,260,818 $38,189,989 Proposal Federal Aid (Medicaid) $250,000 $155,000 Transfer from Reserves $937,098 $0 Appropriated Fund Balance $2,700,000 $4,742,551 Total Revenue $90,870,000 $91,227,073

Questions ? 2020-2021 General Fund Appropriations Budget