2020-2021 Budget Hicksville Public Schools Marianne Litzman Superintendent of Schools Marcy Tannenbaum Assistant Superintendent for Business April 1, 2020
Adopted Revenue Proposed Budget Revenue Budget $ % 2019-2020 2020-2021 CHANGE CHANGE 4.25% Tax Levy $104,465,608 $108,903,028 $4,437,420 PILOTS $7,594,547 $6,784,050 -$810,497 -10.67% Charges for Services $1,279,000 $1,200,503 -$78,497 -6.14% Use of $ and Property $1,077,087 $1,113,170 $36,083 3.35% Sale of Prop/Comp for Loss $86,500 $105,000 $18,500 21.39% Miscellaneous $735,212 $275,500 -$459,712 -62.53% Interfund Transfers State Aid $19,602,288 $20,331,264 $728,976 3.72% Federal Aid $200,000 $200,000 $0 0.00% Fund Balance Appropriated $1,700,000 $1,700,000 $0 0.00% Appropriated Reserves $2,800,000 $2,800,000 $0 0.00% 2.78% MAXIMUM BUDGET 2020-2021 $139,540,242 $143,412,515 $3,872,273
Adopted Proposed Revenue Budget Revenue Budget $ % 2019-2020 2020-2021 CHANGE CHANGE 2.89% Tax Levy $104,465,608 $107,484,664 $3,019,056 PILOTS $7,594,547 $6,784,050 -$810,497 -10.67% Charges for Services $1,279,000 $1,200,503 -$78,497 -6.14% Use of $ and Property $1,077,087 $1,113,170 $36,083 3.35% Sale of Prop/Comp for Loss $86,500 $105,000 $18,500 21.39% Miscellaneous $735,212 $275,500 -$459,712 -62.53% Interfund Transfers State Aid $19,602,288 $20,331,264 $728,976 3.72% Federal Aid $200,000 $200,000 $0 0.00% Fund Balance Appropriated $1,700,000 $1,700,000 $0 0.00% Appropriated Reserves $2,800,000 $2,800,000 $0 0.00% 1.76% MAXIMUM BUDGET 2020-2021 $139,540,242 $141,994,151 $2,453,909
TAX CAP CAPITAL EXCLUSION DRAFT 1 USED FOR TAX CAP $2,844,000 DRAFT 2 MARCH 31, 2020 $1,700,000 REDUCE BUDGET AND TAX CAP $1,144,000
2019-2020 2020-2021 CHANGE CHANGE 3.15% Tax Levy $104,465,608 $107,759,028 $3,293,420 PILOTS $7,594,547 $6,784,050 -$810,497 -10.67% Charges for Services $1,279,000 $1,200,503 -$78,497 -6.14% Use of $ and Property $1,077,087 $1,113,170 $36,083 3.35% Sale of Prop/Comp for Loss $86,500 $105,000 $18,500 21.39% Miscellaneous $735,212 $275,500 -$459,712 -62.53% Interfund Transfers State Aid $19,602,288 $20,331,264 $728,976 3.72% Federal Aid $200,000 $200,000 $0 0.00% Fund Balance Appropriated $1,700,000 $1,700,000 $0 0.00% Appropriated Reserves $2,800,000 $2,800,000 $0 0.00% MAXIMUM BUDGET 2020- 1.96% 2021 $139,540,242 $142,268,515 $2,728,273
REVISED CAPITAL PROPOSAL 20-21 HHS Pool tile $350,000 Gym hallway roof replacement $800,000 Parking lot renovation - site work $550,000 $1,700,000
SUMMARY MAX BUDGET MAX BUDGET REVISED 3.15% 4.25% MAX BUDGET 2.89% (REMOVE CAPITAL) MAXIMUM ALLOWABLE BUDGET $143,412,515 $141,994,151 $142,268,515 BUDGET AS OF 3.31.20 $147,318,966 $147,318,966 $147,318,966 -$3,906,451 -$5,324,815 -$5,050,451
NEXT STEPS • Budget vote has been delayed until June 1 at the earliest • Budget Builders to re-evaluate their requests • Defer non-essentials • Purchase certain essentials with this year’s funds • Prepare for a mid-year cut in State Aid
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