DRAFT | AS OF MAY 15th, 2020 DRAFT BUDGET PRESENTATION April 2, 2019 SUPERINTENDENT’S PROPOSED BUDGET | As of May 15th, 2020
As of May 15th, 2020 ACKNOWLEDGEMENTS This has been a challenging budget cycle that has been made even more challenging by the current pandemic. We face a multi-million dollar budget deficit. My team has dedicated tireless hours reviewing the budget to address the needs of our community that has been impacted financially. Our budget approach involved preparing a budget with protocols and procedures to maintain a safe, secure and healthy learning environment for 12,000 scholars and more than 2,000 employees under an unprecedented, virulent worldwide pandemic. To complicate matters further, we still do not have critical financial information from the state government. As a result of these challenges, we examined our expenditures, reduced significantly from central budgets, and strategically reduced through attrition in an effort to prevent layoffs. We are preserving positions by taking on more with less resources. DRAFT BUDGET PRESENTATION April 2, 2019 SUPERINTENDENT’S PROPOSED BUDGET | As of May 15th, 2020
As of May 15th, 2020 Budgetary Considerations Budget Adoption Date: June 9th Strategic Use of Fund Balance ● Further reductions? ● Date schools reopen - part of calculation; still unknown ● Potential for mid-year cuts? ● Transportation Expenses ● Draw down with one-time expenses Reality: The majority of the budget is driven ● TRS/ERS spike in rate next year? by contractual obligations (e.g.: union contracts, federal and state mandates, ● Avoid use for recurring expense Individual Education Plans, etc.) ● Consider two-year plan for use of Restricted and Unrestricted Fund Balance DRAFT BUDGET PRESENTATION April 2, 2019 SUPERINTENDENT’S PROPOSED BUDGET | As of May 15th, 2020
Tier 1 & 2 Overview as of May 15th, 2020 Tier 1 Tier 1 & Tier 2 Tier 3 Proposed Proposed Reduced Reduced Reduced Budget Budget $2,683,673 $4,950,000 (unknown as of 5.15.20) Budget $8,852,48 3.13% $8,852,485 $8,852,485 $8,852,485 Increase 5 3.13% 3.13% $2,700,00 (2.4%) 2% Tax Levy $2,250,000 Fund 5,000,000 $5,000,000 $500,000 $5,000,000 Balance (-4,500,000) Other $4,000,00 $4,000,000 0 (Debt Service) DRAFT BUDGET PRESENTATION April 2, 2019 SUPERINTENDENT’S PROPOSED BUDGET | As of May 15th, 2020
As of May 15th, 2020 (Reminder) Operational Reductions Expenditure Reductions Estimated Savings Central Office Divisions - Reductions to various lines $1,650,834 ESYP - Continue ESYP with federal funds $500,000 Consultants - Reduced reliance on external technical $450,000 assistance BOCES Services - Transition of work streams to internal $847,000 departments Equipment/Maintenance - reduction of equipment and $1,125,000 recurring maintenance fees Various budget line reductions $5,577,108 Total: $10,149,942 DRAFT BUDGET PRESENTATION April 2, 2019 SUPERINTENDENT’S PROPOSED BUDGET | As of May 15th, 2020
As of May 15th, 2020 Percent of Tier I & II FTE Reductions by Group CSEA: 2.59% NTA: 2.74% NSAA: 8.3% Other: 25% DRAFT BUDGET PRESENTATION April 2, 2019 SUPERINTENDENT’S PROPOSED BUDGET | As of May 15th, 2020
As of May 15th, 2020 Proposed Tier 1 Reductions Proposed Tier 2 Reductions INSTRUCTION INSTRUCTION 14 NTA (1.13%): $1,240,953 19 NTA (1.61%): $1,900,000 ADMINISTRATION ADMINISTRATION -1003 SIG - school improvement 6 NSAA (8.3%): $901,254 1 NSAA (0%): $150,000 SUPPORT STAFF SUPPORT STAFF 2 CSEA (0.43%): $153,936 11 CSEA (0.24%) $216,112 District Staff District Staff 1 SENIOR (8.3%): $172,900 2 Senior Staff (16.7%): $375,400 Other Other: 2 Repurposed Positions: $197,188 5 Repurposed Positions $439,900 Extra Earning: $170,000 ESYP to Title: $500,000 EPC: $1,998,177 *needs to be reclassified Sale of Washington St: $1,000,000 Unused Total: $4,408,943 Total: $5,006,877 DRAFT BUDGET PRESENTATION April 2, 2019 SUPERINTENDENT’S PROPOSED BUDGET | As of May 15th, 2020
As of May 15th, 2020 CLOSING THE GAP... More reductions may be necessary The NYS Division of Budget has instituted three assessment periods where they may reduce allocations to school districts. Any day now, the Governor will share further reductions to state aid resulting in a larger budget deficit. Therefore, we will likely make further reductions in order to close the budget gap. Additionally, we are assessing the long term financial impact of COVID-19. We will provide updates when these assessments periods are scheduled as to the impact they have on additional budgetary cuts that may be necessary. SUPERINTENDENT’S PROPOSED BUDGET | As of May 15th, 2020
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