CHURCHVI VILLE LE-CHILI ILI CENTRA RAL SC SCHOOL D DIST STRI - PowerPoint PPT Presentation

CHURCHVI VILLE LE-CHILI ILI CENTRA RAL SC SCHOOL D DIST STRI RICT PROPOSED 2 ED 2020 020-21 21 B BUDGET ET Presented by Ms. Lori Orologio, Superintendent of Schools Mr. Franklin C. Nardone, CPA Assistant Superintendent for Business Services

District Goal Promote cost effectiveness, develop and manage a budget that provides a quality education in a fiscally responsible manner.

Goals of This Year’s Budgeting Process: To: ● Maintain the quality programs we offer while facing additional cuts in State Aid due to the pandemic ● Keep the tax levy within property tax cap calculation ● Meet all applicable mandated health, safety, and legal requirements ● Support educational programs and services vital to successful implementation of district goals ● Identify alternate funding sources and cost saving measures ● Address social emotional needs of our students ● Meet safety and security needs across the district

Proposed Budget Reflects: ● Pandemic Adjustment ● State aid ● Retirement salary savings ● Reserve funds and fund balance ● Substitute costs and fuel ● Program funding for students with disabilities ● Unfunded mandates ● Health and safety measures ● Staffing: ○ 1.0 cleaner

2020-21 Budget Gap prior to Approved State Budget Total Expenses $89,381,945 Total Revenues (including 2019-20 tax levy) $84,902,048 Budget Gap ($4,479,897) Ass ssump mptions • 2020-21 Appropriated Fund Balance Re- $1,662,181 appropriation • Continue Utilizing District Funds to Fund the Budget $30,000 • Unemployment Reserves* $421,921 • Workers Compensation Reserves* $873,381 • Employees Retirement Reserves* Remaining Budge get Ga Gap for or 2020-21 21 ($1,492,414) Tax Levy Increase Within the Cap + 2.5% $933,769 Rem emaini ning ng Budget Gap ($558,645) *Reserves can only be used up to the expense in the budget +Actual Tax Levy Cap 3.55%

Proposed 2020-21 Budget Recommended Adjustments Carryo ryover B Budget Gap ($ 558,645) Appropria iatio ions ns Reduction in Proposed Staffing ($ 514,538) Reduction in Proposed Bus Purchases ($ 400,000) Net Change in Appropriations $ 914,538 Revenues es Reduction in State Aid ($ 413,205) Reduction in Sales Tax ($ 760,000) Net Change in Revenues ($1,173,205) Budget Gap ($ 817,312) Addit itio iona nal Fund nd B Balanc nce A Appropria iatio ion $ 817,312 Remaini ining ng B Budget G Gap $0

Tax ax Cap Cal Cap Calculation f for 2 2020-2021 2021 Prior Year Levy $ 37,279,601 2019-20 Actual Times: Tax Base Growth Factor 1.0081 From Questar BOCES Add: Prior Year PILOTs $ 315,637 2019-20 Actual (but must use what I estimated) Less: Capital Tax Levy from Prior Year $ See the Capital Tab Equals: Adjusted Prior Yr Levy $ 37,897,203 Times: Allowable Levy Growth (lesser of CPI or 2%) 1.81% Less: Estimated Coming Year PILOT's $ 316,306 2020-21 Estimated amount Add: Available Prior Cap Carryover $ 337,834 Last year’s maximum levy less 2% Equals: Tax Levy Limit $ 38,604,670 $ 1,325,069 3.55% 5% (To Be sent to Comptroller March 17) Exemptions Add: Court Order/Judgements - Tort $ - Not Tax Certiorary Add: Capital Tax Levy for Coming Year $ - See the Capital Tab - Min at 0 per C. Szuberla Add: Pension Growth beyond 2 basis points TRS Rate 2020-21 = 9.53% TRS Rate 2019-20 = 8.86% TRS Rate Change = -0.67 – 2.00 = 0% Projected Salary $ 27,151.52 $ - Estimated ERS Rate 2020-21 = 14.60% ERS Rate 2019-20 = 14.60% ERS Rate Change = -0.00 – 2.00 = 0% Comptroller Projected Salary $ 11,237,757 $ - From OSC Pension Payment Report Total Levy Cap Exclusions $ - Tax Levy Limit From Above $ 38,604,670 Add Exclusions $ - Maximum Levy After Exemptions $ 38,604,670 $ 1,325,069 3.55%

Summary of Proposed Budget Actual Proposed Change in Percentage 2019-20 2020-21 Dollars Change Budget Budget Expenditures $85,362,900 $88,467,407 $3,104,507 3.64% Revenues $45,157,624 $46,449,242 $1,291,618 2.86% Appropriated $2,925,675 $3,804,795 $879,120 30.05% Fund Balance Tax Levy $37,279,601 $38,213,370 $933,769 2.50% Estimated Tax Rate - $23.04 $23.68 $0.64 2.77% Riga Estimated Tax Rate - $22.58 $22.47 ($0.11) -.49% Ogden Estimated Tax Rate - $22.58 $22.94 $0.36 1.58% Chili Estimated Tax Rate - $22.58 $22.02 ($0.56) -2.48% Sweden

Comparison of 2019-20 Budget and Proposed 2020-21 Budget Percen ent o of Percen ent o of Adopted Propose sed Change in in Compone nent nt Tota tal l Tota tal l Dolla lars 2019 2019-20 20 2020-21 2020 21 Budge get Budge get Progra ram $62,236,117 72.91% $63,139,740 71.37% $903,623 Cap Capital $13,619,846 15.95% $15,464,055 17.48% $1,844,209 Admini inistrativ ive $9,506,937 11.14% $9,863,612 11.15% $356,675 Tota tal B l Budget $85,362,900 100% $88,467,407 100% $3,104,507 Capital: 17.48% Administrative: 11.15% Program: 71.37%

Estimated Revenues State Aid $41,625,200 47.05% Proposed Tax Levy $38,213,370 43.19% County Sales Tax $3,040,000 3.44% Fund Balance $3,804,795 4.30% Other $1,784,042 2.02% (Refunds, Rentals, Interest) Total Revenues $88,467,407 100.00%

What Tax Rate Means To The Homeowner To Town Tru True Equalizati tion n Assesse sed d Actual l Estim imated d Estim imated d Actual l Estim imated d Estim imated d value of Ra Rate te value of pr prope perty pr prope perty chang nge prope pr perty prope pr perty increase home 2020-21 2020 21 home ta tax ra rate te tax ra ta rate te tax ta ta tax pe per 2019 2019-20 20 2020-21 2020 21 2019-20 2019 20 2020-21 2020 21 $100, 0,000 000 asse sesse ssed valu lue Rig iga $100,000 93% $93,000 $23.04 $23.68 $0.64 $2,258 $2,202 ($56) 98% $98,000 $22.58 $22.47 ($0.11) $2,258 $2,202 ($56) Ogde den $100,000 Chili Chil $100,000 96% $96,000 $22.58 $22.94 $0.36 $2,258 $2,202 ($56) Swed weden $100,000 100% $100,000 $22.58 $22.02 ($0.56) $2,258 $2,202 ($56)

What is the Contingent Budget and Process? If the voters do not approve a proposed budget, the Board of Education may: ● ○ Go before the voters for one more vote on the same or different budget ○ Implement the contingent budget after the first defeat, but must implement contingent budget if the second budget is not approved by the voters Contingent Bu Co Budg dget Ca Cap is no longer based on a permissible expenditure growth, ● but a cap on the taxes levied. The Tax Levy cannot be greater than the previous year. ● The C Contin tingent t Budget Contingent Budget must be calculated based on a zero percent tax levy ○ increase and as required by law, certain items must be removed from the budget: ■ Certain equipment purchases ■ Student supplies Facility repairs not necessary to maintain the health and safety of the ■ students Some raises for non-union employees ■ Note: e: Going to a contingency budget after a regular budget defeat, could result in a budget reduction of as much as $933,769.

Proposition #1 The proposed budget for the 2020-21 school year is $88,467,407.

Proposition #2 Authorizes the district to purchase five (5) 66- passenger buses, two (2) 36-passenger wheelchair buses, and three (3) 30-passenger wheelchair buses at an estimated maximum cost of $1,210,000.

2020-21 Board of Education Candidates In order shown on ballot Kristen Michael Amy Brumbaugh Iacucci Wilson There are three open seats, each for a 3-year term.

Absentee Ballot Process All district households will receive two ballots in the mail ● between May 27 and June 3. Additional ballots may be requested for qualified ● household members by calling 293-1800 ext. 2305 or online at: www.cccsd.org/BallotRequest.aspx . All absentee ballots must be received by 5 p.m., June 9, 2020 ● at the District Office.

Vot er Q Qualif ific icat io ions In or order t o v o vot ot e y you ou must b be: •A United States citizen. •At least 18 years of age. •A resident of the Churchville-Chili Central School District for at least 30 days prior to the vote. Plea ease V se Vot e Tuesday, June 9 9, 2 20 20 by absent nt ee b ballot ot onl only. Must be r e rec ecei eived ed a at Dist rict Office e by by 5 5 p. p.m.

Thank you! Questions?