2021 Budget Presentation May 5, 2020 Budget U Updates Revenue - PowerPoint PPT Presentation

2021 Budget Presentation – May 5, 2020

Budget U Updates • Revenue Impacts: • Tax Levy increase of $1,375,726, 3.36%, in compliance with the Tax Cap Calculation. • Analysis of Erie County sales tax [$5,460,000]. • projection uncertain given current state of emergency • Analysis of Other Revenues [$2,493,174]. • projection uncertain given current state of emergency • State Aid in Final NYS Budget $36,460,916: • increased $1.3 million on higher Building and Transportation Aids, • Foundation Aid frozen, • Pandemic Adjustment offset Federal Cares Act $, • Subject to offset throughout 2020-21 on NYS revenue performance – awaiting mid-May cut . • Appropriations: • Unable to deliver healthcare conversion: • Remaining Self Funded requires increase of $1.0 mil to healthcare line [9.1% increase given Covid adjustment]. • Salary line reduced by $1.0 mil: • Round 1 – 12.8 fte net positions reduced utilizing, where possible, retirements [17 FCTA, 2 FCEA, 1 MC] and restructuring. • Round 2 – Positions reduced to meet mid-May state aid cut – in development. 2

FRONTIER CENTRAL SCHOOL DISTRICT - 2021 APPROPRIATION BREAKDOWN BY OBJECT CODE Account Audited Audited Budget Initial Working Working Budget $ Budget % Code Description 2017-18 2018-19 2020 2021 Changes Budget 2021-2020 2021-2020 Notes 100's Payroll $ 42,010,436 $ 43,591,383 $ 45,999,817 $ 47,119,773 (1,000,000) $ 46,119,773 $ 119,956 0.26% Reduced 12.8 fte positions 200's Equipment, Hardware $ 514,877 $ 355,554 $ 741,980 $ 741,980 $ 741,980 $ - 0.00% consistent with 2020 400's Contractual, Professional $ 5,521,709 $ 4,779,051 $ 5,608,304 $ 5,608,304 $ 5,608,304 $ - 0.00% CPI increase eliminated 450 Supplies, Publications $ 41,600 $ 870,877 $ 927,087 $ 927,087 $ 927,087 $ - 0.00% CPI increase eliminated 490's BOCES $ 6,507,983 $ 7,902,349 $ 7,522,295 $ 7,898,410 $ 248,072 $ 8,146,482 $ 624,187 8.30% Higher CTE slots and Special Education 600-700's Debt Service $ 4,287,536 $ 4,347,708 $ 4,696,017 $ 5,925,911 $ 5,925,911 $ 1,229,894 26.19% Using revised NYS Aid 800's Benefits $ 17,060,194 $ 18,034,375 $ 20,548,494 $ 21,872,197 $ (155,143.51) $ 21,717,053 $ 1,168,559 5.69% Healthcare 9.1%, TRS to 9.53% from 10.63% 900's Transfers $ 187,916 $ 286,677 $ 250,000 $ 300,000 $ 300,000 $ 50,000 20.00% $100k COP, $50k Food Service Totals w/o Cap Project $ 76,132,251 $ 80,167,974 $ 86,293,994 $ 90,393,662 $ (907,071) $ 89,486,591 $ 3,192,597 3.70% 900's Capital Project $ 3,500,000 $ - $ - Increase - Debt and Transfers Budget Totals $ 79,632,251 $ 80,167,974 $ 86,293,994 $ 90,393,662 $ (907,071) $ 89,486,591 $ 3,192,597 3.70% $ 1,912,703 2.35%

Rev even enues es 2020-21 2019-20 BUDGET Proposed Budget INCREASE SUMMARY OF REVENUES REAL PROPERTY TAX 42,374,013 40,998,287 1,375,726 STATE AID & FEDERAL AID 36,710,916 35,424,540 1,286,376 ERIE COUNTY SALES TAX 5,460,000 5,460,000 0 MISCELLANEOUS 2,493,174 2,462,679 30,495 APPROPRIATED FUND BALANCE / RESERVES 2,448,488 1,948,488 500,000 TOTAL REVENUES 89,486,591 86,293,994 3,192,597 2020-21 2019-20 $ Change % Change Hamburg Resident Hamburg $29.619524 $28.916944 $0.703 2.43% Tax Increase Eden $24.869223 $23.843796 $1.025 4.30% 2019-20 2020-21 TAXABLE TAX BILL TAX BILL TAX BILL True Valuation ASSESSMENT $28.92 $29.62 INCREASE 2019-20 $50,000.00 $1,445.85 $1,480.98 $35.13 $13.18068803 $13.59 $60,000.00 $1,735.02 $1,777.17 $42.15 $70,000.00 $2,024.19 $2,073.37 $49.18 Assessed Valuation: Tentative Actual Prior Year $80,000.00 $2,313.36 $2,369.56 $56.21 Town: Equalization Rate Assessed Valuation Assessed Valuation $90,000.00 $2,602.52 $2,665.76 $63.23 $100,000.00 $2,891.69 $2,961.95 $70.26 Hamburg 0.4450 $1,429,636,509 $1,416,828,026 $110,000.00 $3,180.86 $3,258.15 $77.28 Eden 0.5300 $1,160,495 $1,172,217 $120,000.00 $3,470.03 $3,554.34 $84.31 $130,000.00 $3,759.20 $3,850.54 $91.34 $1,430,797,004 $1,418,000,243

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Rev even enues es

Res eser erves Audited Audited Audited Audited Audited Estimated 2014-15 2015-16 2016-17 2017-18 2018-19 2020 Fund Balance $ 7,041,123 $ 11,937,839 $ 15,146,571 $ 15,475,518 $ 17,875,761 $ 17,283,048 Nonspendable $ 344,493 $ 344,493 $ 344,493 $ 344,493 $ 344,493 $ 344,493 Restricted $ 3,508,395 $ 7,628,869 $ 10,209,389 $ 10,087,671 $ 11,946,990 $ 10,796,990 Workers Compensation $ 2,125,396 $ 2,128,106 $ 2,129,078 $ 2,059,976 $ 2,077,984 $ 2,077,984 Retirement $ - $ 900,000 $ 1,450,411 $ 2,931,404 $ 3,828,166 $ 3,828,166 Capital $ - $ 2,716,000 $ 4,244,277 $ 2,604,040 $ 3,126,803 $ 3,126,803 EBALR $ 1,382,999 $ 1,884,763 $ 2,385,623 $ 2,492,251 $ 2,764,037 $ 1,464,037 Tax Certiorari $ 150,000 $ 300,000 Assigned $ 803,650 $ 632,650 $ 1,203,650 $ 1,650,000 $ 1,948,488 $ 2,488,488 Encumbrances $ 127,086 $ 188,580 $ 33,855 $ 73,613 $ 184,030 $ 73,613 Unassigned $ 2,257,499 $ 3,143,247 $ 3,355,184 $ 3,319,741 $ 3,451,760 $ 3,579,464 EBALR is reduced $800,000 [2020 retirements] and expected to be reduced $500,000 [2021 retirements]. Revenue uncertainty in fiscal 2020 given Erie County sales tax reductions. Expectation is just above breakeven, with no assigned reserves used. Device purchase for 2021, front loaded into 2020 to preserve resources. Assigned, Unassigned, Workers Compensation, Retirement and Tax Certiorari are under the control of the BOE and total $12,274,102.

Next Steps: • Budget Process – Hearing, Vote - Unknown • Continuing review of Revenue and Staffing Plans • Monitoring State and County for revenue updates • Reviewing staffing all areas with Building and Department Leadership • Comments and Questions 8

• Bus Purchase Proposal - $888,485 • Current inventory is 85 buses [for 2021 = 86]. District is on a 9 year replacement cycle. • 2021 Purchase - $948,485 • 4 gasoline powered 30 passenger vehicles • 6 diesel powered 66 passenger vehicles • 2021 Trade In Allowance - $60,000 • 9 buses purchased from 2010 through 2012

• District’s may perform Capital Outlay Projects on 1 facility after approval from SED Facilities Planning. Expenditures are limited to $100,000 and Building Aid is paid the following year instead of a 15 year term. Frontier has been replacing doors and improving door hardware with these monies. • The 2021 Capital Outlay Project includes reconstruction, construction and modest upgrades and improvements to include, but not necessarily to be limited to, the removal and disposal of existing deteriorating doors and installing of new, code-compliant doors, with new access hardware, thereby improving accessibility and safety at Pinehurst Elementary School.

Boces Year End Finals Working B21-B20 % Formatted Account Description Budget 2018 Budget 2019 Budget 2020 Budget 2021 Change Change Notes A 1010.490-15-1010 BOCES 11,962.00 14,200.00 16,050.00 16,150.00 $ 100 0.62% A 1310.490-15-1310 BUS ADMIN - BOCE 93,851.00 96,548.00 106,463.00 100,600.00 $ (5,863) -5.51% A 1430.490-15-1430 PERSL - BOCES 54,389.00 59,297.00 59,086.00 72,894.50 $ 13,809 23.37% Investigations A 1480.490-15-1480 BOCES 30,000.00 62,809.00 43,758.00 $ (19,051) -30.33% No Thought Exchange A 1620.490-10-1620 CUSTODIAL - BOCE 31,867.00 32,076.00 55,537.00 44,413.65 $ (11,123) -20.03% VPN line eliminations A 1670.490-15-1670 CNTL MAIL - BOCES 42,000.00 40,000.00 40,000.00 $ - 0.00% A 1981.490-15-1981 ADM-BOCES-SER - 424,584.00 433,945.00 458,500.00 465,461.00 $ 6,961 1.52% A 2070.490-10-2070 IN-SERV - BOCES-IN 72,993.00 105,216.00 87,435.00 162,026.57 $ 74,592 85.31% PLC Associates, IT PD Subs A 2110.490-10-2110 UNAL-BOCES-DIST 352,699.00 823,243.00 859,156.00 917,750.64 $ 58,595 6.82% MiddleTech, Edge, Twilight slots, Science Kits A 2250.490-10-2250 EX ED-BOCES-DIST 2,686,784.00 2,544,928.00 2,787,003.00 3,029,829.73 $ 242,827 8.71% Placements and Required Services A 2280.490-60-2280 OCED-BOCES-SRHI 1,082,134.00 1,312,954.00 1,353,710.00 1,524,944.00 $ 171,234 12.65% CTE slots A 2610.490-10-2610 BOCES 30,267.00 30,747.00 31,227.00 31,725.00 $ 498 1.59% A 2630.490-10-2630 BOCES 998,300.00 1,256,593.00 1,578,356.00 1,655,237.08 $ 76,881 4.87% School Tool/IC overlap, Lexia, Nearpod, -1 Boces tech A 2855.490-10-2855 INT ATH-SER BOCE 23,687.00 23,906.00 25,568.00 40,296.47 $ 14,728 57.61% A 5510.490-94-5510 TRANS-BOCES 1,395.00 1,395.00 1,395.00 1,395.00 $ - 0.00% 5,864,912.00 6,807,048.00 7,522,295.00 8,146,481.64 $ 624,187 8.30% Less A2250 3,178,128.00 4,262,120.00 4,735,292.00 5,116,651.91 $ 381,360 8.05%