Public Schools of the Tarrytowns Union Free School District of the - PowerPoint PPT Presentation

Public Schools of the Tarrytowns Union Free School District of the Tarrytowns Board of Education Fiscal 2018/2019 Budget Development Empower students to make informed choices as they become self-directed, lifelong learners committed to a sustainable local and global society, in partnership with our diverse community and in a climate of collaboration and mutual respect. April 17, 2018 Board of Education Session

Public Schools of the Tarrytowns Union Free School District of the Tarrytowns Annual Budget Vote & Board of Education Member Election Tuesday May 15, 2018 Winfield L. Morse Elementary School Washington Irving Intermediate School 7:00 AM – 9:00 PM April 17, 2018 Board of Education Session

2018/2019 Objects of Expenditures Version 4.0 Budget Requests Increase % Description 2017/2018 2018/2019 (Decrease) Change Instructional Salaries 34,132,561 35,382,461 1,249,900 3.66% Non-Instructional Salaries 6,937,201 7,152,301 215,100 3.10% Equipment 327,141 404,797 77,656 23.74% Contractual 4,636,528 4,860,965 224,437 4.84% Material & Supplies 1,387,483 1,405,228 17,745 1.28% State Aided Programs 368,245 324,237 (44,008) -11.95% Tuition 1,487,460 1,336,660 (150,800) -10.14% Textbooks 258,300 249,424 (8,876) -3.44% BOCES Services 2,562,870 2,507,895 (54,975) -2.15% Employee Benefits 17,059,183 17,755,033 695,850 4.08% Debt Service 6,414,859 6,446,551 31,692 0.49% Interfund Transfers 85,000 85,000 0 0.00% TOTAL GENERAL FUND 75,656,831 77,910,552 2,253,721 2.98% April 17, 2018 Board of Education Session

Public Schools of the Tarrytowns Three Part Component Administrative Program Capital April 17, 2018 Board of Education Session

2018/2019 Budget Revenues Version 3.0 Budget Projected Increase Description 2017/2018 2018/2019 (Decrease) Real Property Tax Items 50,287,047 50,851,507 564,460 Other Tax Items 8,137,840 8,222,840 85,000 Non-Property Tax Items 1,000,000 1,000,000 0 Charge For Services 1,115,000 1,542,875 427,875 Use of Money and Property 95,500 250,750 155,250 Sale of Property & Comp Loss 0 22,500 22,500 Miscellaneous 285,000 285,000 0 State Aid 12,329,263 13,502,899 1,173,636 Federal Aid 35,000 35,000 0 Interfund Transfers 0 0 0 Appropriated Fund Balance 2,372,181 2,197,181 (175,000) TOTAL GENERAL FUND 75,656,831 77,910,552 2,253,721 Revised Real Property Tax Levy 57,379,347. 1.00% Increase April 17, 2018 Board of Education Session

Public Schools of the Tarrytowns 2018/2019 Revenues Real Property Tax Items Other Tax Items Non-Property Tax Items Charge For Services Use of Money and Property Sale of Property Miscellaneous State Aid Federal Aid April 17, 2018 Board of Education Session

Public Schools of the Tarrytowns Tax Levy Increase New York State Property Tax Levy Cap 1,899,596. 5.20% Tentative Property Tax Levy Cap Increase 564,460. 1.00% Tentative Real Property Tax Levy 57,379,347. State Equalization Rate Changes: Established Town of Greenburgh 100% 100% 12/13/2017 Town of Mount Pleasant 1.52% 1.43% 11/22/2017 April 17, 2018 Board of Education Session

Public Schools of the Tarrytowns Estimated Tax Rates Public Schools of the Tarrytowns Estimated Tax Rates for the 2018-2019 Proposed Budget 2016 (2017/18 Budget) 2017 (2018/19 Budget) Greenburgh Mt. Pleasant Greenburgh Mt. Pleasant Assessed Valuation $ 1,551,218,320 $ 15,924,800 $ 1,593,886,711 $ 15,209,864 New York State Equalization Rates 100.0000% 1.5200% 100.0000% 1.4300% Full Value $ 1,551,218,320 $ 1,047,684,211 $ 1,593,886,711 $ 1,063,626,853 % of Tax Levy (Based on Full Value) 59.687437 40.312563 59.976616 40.023384 Amount of Levy 33,869,921 22,156,919 34,372,762 22,218,538 Tax Rate per $1,000 Assessed Value 21.834400 1,391.346744 21.565373 1,460.797939 $ Increase in Tax Rate - - (0.27) 69.45 % Increase in Tax Rate - - -1.23% 4.99% ILLUSTRATION PURPOSES ONLY : Based on changes in equalization rates for the towns of Greenburgh and Mt Pleasant. Actual Assessed Valuations and the impact of ongoing Tax Certiorari settlements will effect the final tax rate per $1,000. AV. April 17, 2018 Board of Education Session

2018/2019 Budget Development PROPOSITION 2 CAPITAL RESERVE FUND - 2015 PROPOSITION RESOLVED, that the Board of Education of the Union Free School District of the Tarrytowns is hereby authorized to expend an amount not to exceed $2,200,000 from the Capital Reserve Fund-2015to replace the boilers and related controls, burners and fixtures at Winfield L. Morse School, Tappan Hill School, and Washington Irving Intermediate School; replace portions of the roof at Tappan Hill School; repair and replace blacktopped surfaces districtwide; install safety and security enhancements districtwide; replace windows at Tappan Hill School; remove red garage between District Office and Sleepy Hollow Middle School; and complete project to infill subterranean chamber at parking lot of Winfield L. Morse School and repair the parking lot together with the associated costs of each of these projects and the costs for professional services for each of these projects. April 17, 2018 Board of Education Session

Public Schools of the Tarrytowns Capital Reserve Fund-2015 Restricted Funds for Capital Improvements $2,200,000 No effect on Tax Levy or Real Property Tax Rates Voter Approval Required to Access District Wide Install safety & security system enhancements. Maintenance, repair and/or replacement of existing blacktopped areas. Winfield L Morse School Replace boilers and infill unused subterranean chamber below parking lot. Washington Irving School Replace gas boilers. District Administration Removal of red operation & maintenance garage. Tappan Hill School Repair and/or replace boilers, replace roof sectional and replace window sectional. April 17, 2018 Board of Education Session

2018/2019 Budget Development PROPOSITION 3 BOND PROPOSITION RESOLVED: (a) That the Board of Education of the Union Free School District of the Tarrytowns, in the County of Westchester, New York (the “District”), is hereby authorized to construct alterations and improvements to District facilities and the sites thereof, and to expend therefor, including preliminary costs and costs incidental thereto and to the financing thereof, an amount not to exceed the estimated total cost of $6,000,000; (b) that a tax is hereby voted in the amount of not to exceed $6,000,000 to pay such cost, said tax to be levied and collected in installments in such years and in such amounts as shall be determined by said Board of Education; and (c) that in anticipation of said tax, bonds of the District are hereby authorized to be issued in the principal amount of not to exceed $6,000,000, and a tax is hereby voted to pay the interest on said bonds as the same shall become due and payable. April 17, 2018 Board of Education Session

Public Schools of the Tarrytowns Proposed Capital Improvement Bond Capital Improvement Proposition $6,000,000 Bond Budget Neutral – Retirement of Existing Debt Service District Wide Replace existing lights with LED lighting, maintenance, repair and/or replacement of existing blacktopped areas, internal technology infrastructure upgrades and installations, upgrade bathrooms, install safety & security systems, enhancements and upgrade ventilation systems. John Paulding School Replacement windows. Winfield L Morse School Replace existing auditorium seating and lighting. Sleepy Hollow Middle & High School Replacement of remaining gravel roof, replacement of existing press box, bleacher upgrades, stairs to upper field, replace existing dugouts on softball & baseball fields. April 17, 2018 Board of Education Session

Public Schools of the Tarrytowns Budget Neutral Proposition – Serial Bonds 7,000,000 6,000,000 5,000,000 4,000,000 New Bond 3,000,000 Current 2,000,000 1,000,000 0 2018/2019 2019/2020 2020/2021 2021/2022 2022/2023 April 17, 2018 Board of Education Session

2018/2019 Budget Development PROPOSITION 4 SCHOOL BUS REPLACEMENT PROPOSITION Shall the Board of Education of the Union Free School District of the Tarrytowns, in the County of Westchester, New York be authorized to expend an amount, not to exceed $549,000, to purchase four 70-passenger school buses and one 20-passenger van for the transport of students. These purchases are part of a multi-year replacement plan to ensure safe transportation vehicles that pass rigorous inspections without requiring extensive repairs. The funding of this proposition will be made from the 2017-2018 unassigned fund balance and therefore, will have no financial impact on the 2018- 2019 budget. . April 17, 2018 Board of Education Session

Public Schools of the Tarrytowns Student Transportation Services Bus Replacement Proposition Multi-Year Replacement Plan Funded through 2017/2018 Unassigned Fund Balance = No Financial Impact on Budget Currently In-service : Four - 70 Passenger School Buses 1994 International, 1998 Freightliner 1998 Freightliner, 2004 Thomas (Driven Over 91,000 - 135,000 student miles) Currently In-service: One - 20 Passenger Van 1998 Chevrolet (Driven Over 155,000 student miles) Replacements: New School Buses: $496,000. New Van: $53,000. Total $549,000. April 17, 2018 Board of Education Session

2018/2019 Budget Development Future Sessions  Annual Public Hearing of the Fiscal 2018/2019 Budget May 3, 2018  Annual Budget Vote & Election of Board of Education Members May 15, 2018 April 17, 2018 Board of Education Session