SCHODACK CSD

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SCHODACK CSD

• 2008/09 BUDGET REVOTE
• JUNE 17, 2008

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BOARD OF EDUCATION2008/09 BUDGET RE-VOTE

• TOTAL BUDGET INCR. INCR. TAX
  LEVY INCR.
• DEFEATED BUDGET 21,608,161 1,819,503
  9.19 6.88
• CONTINGENT BUDGET 21,612,217
• SPENDING CAP
• REVISED BUDGET 21,385,989 1,597,331
  8.07 4.71
• FOR RE-VOTE
• CONTINGENT BUDGET TO BE DETERMINED
• IF SECOND VOTE IS
• DEFEATED

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BOARD OF EDUCATION2008/09 ADOPTED BUDGETSCHOOL
BUS PROPOSITION

• BUS PROPOSITION 2007/08 2008/09
• 238,000 240,000
• 2008/09 PURCHASE OF THREE SCHOOL BUS VEHICLES (NO
  ACCELERATION OF PLAN)
• Two (2) 65-passenger school bus vehicles _at_
  93,500/each
• One (1) 30-passenger school bus vehicle _at_ 53,000
• Upgrade video camera technology to digital video
  camera system (Added cost of est. 1,800 per bus)
• FINANCED OVER FIVE YEAR PERIOD
• FIRST PAYMENT DUE IN 2009/10 SCHOOL YEAR
• AID ON FIRST PAYMENT IN 2009/10 BASED ON AN
  ASSUMED INTEREST RATE AND AMORTIZATION SCHEDULE
  (TRANSPORTATION AID AT 76 AID RATIO)

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BOARD OF EDUCATION2008/09 PROGRAM REDUCTIONS
FOR CONSIDERATION

• Remove MHMS .50 FTE Guidance Counselor
  -27,610
• Elimination of Director of Community
  Education/HAL Coordinator/Editing
  Services -17,990
• Eliminate 12-month Driver-Custodian Position in
  the Transportation Department and replace with
  10-month Regular Driver -18,209
• Reduce Equipment in Budget (budget includes
  Computer Hardware up to the projected aid amount)
• 50 reduction - 51,990

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BOARD OF EDUCATION2008/09 PROGRAM REDUCTIONS
FOR CONSIDERATION

• Remove MHMS BOCES Parent/Staff Survey -8,715
• Remove MHMS BOCES PBIS Service -4,680
• Remove Sports Uniform Purchases -6,560
• Remove MHMS Rock Wall Climbing PE Unit -3,493
• Reduce Teacher Assistant (s) -35,517
• Reduce computer leases -37,178
• Reduce copier leases -10,230
• Total 222,172

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BOARD OF EDUCATION2008/09 ADOPTED
BUDGETCONTINGENCY BUDGET

• Budget Revote Timeline
• May 20, 2008 Statewide Budget Vote Day Budget
  Defeated
• June 3 Publish legal notice for budget revote
  once
• June 10, 2008 each week in the 2 weeks before
  the revote day, first publication 14 days
  before revote.
• June 3, 2008 Budget statement and required
  attachments must be made available upon
  request at least 7 days before the hearing and
  14 days before the revote.
• June 10, 2008 Hold Budget Hearing.
• June 11, 2008 Mail School Budget Notice.
• June 17, 2008 Statewide Budget Revote Day

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BOARD OF EDUCATION2008/09 ADOPTED
BUDGETCONTINGENCY BUDGET

• Contingent Budget Rules
• Present proposed 2008/09 Budget to voters on May
  20, 2008
• If the vote is unsuccessful, the Board of
  Education has the following options
• 1) Present the same or revised budget to voters
  for a revote (one revote allowed)
• If the second vote is unsuccessful, the board
  must adopt a contingent budget
• 2) Adopt a contingency budget (must occur before
  July 1st, 2008)
• Contingent budgets are constrained in two ways
• Statutory caps (total spending and administrative
  caps)
• Determination of ordinary contingent
  appropriations

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BOARD OF EDUCATION2008/09 ADOPTED
BUDGETCONTINGENCY BUDGET

• Statutory Caps
• Total Spending Cap Overall budget increase, with
  certain exclusions, may not exceed the lesser of
  120 of December year end national CPI or 4 (CPI
  is 2.8, so the limit is 3.36 for 2008/09)
• Exclusions include expenses from tax certiorari
  proceedings, court orders or judgments, emergency
  expenditures for damages or destruction to school
  property, capital/debt service expenditures from
  construction, lease and bus purchases, expenses
  from increased enrollment and no-recurring
  expenditures from the prior year, payments to
  charter schools, gifts, grants in aid or
  insurance proceeds, self-supporting privately
  funded programs
• Administrative Cap Administrative Component is
  capped at the lesser of the administrative
  percent in the 2007/08 budget or the
  administrative percent in the last proposed
  defeated budget for the 2008/09 year
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BOARD OF EDUCATION2008/09 ADOPTED
BUDGETCONTINGENCY BUDGET

• Statutory Caps
• If the proposed budget is less than the
  contingency budget cap, cuts would not have to be
  made to reach the contingency budget cap but
  would have to be made to meet the definition of
  contingency appropriations. Therefore, the
  contingency budget would be less than the
  proposed budget.
• A district may increase its contingency budget up
  to the cap amount for an unanticipated ordinary
  contingency expense encountered during the year.
  For example, a high cost special education
  student moves into the district.
• If the district is already at the contingency
  cap, there is no authority to exceed the cap and
  budget adjustments in other areas would need to
  be made.
• If an unanticipated ordinary contingent expense
  is funded, the board must identify and
  appropriate sufficient revenue to support the
  added expense
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BOARD OF EDUCATION2008/09 ADOPTED
BUDGETCONTINGENCY BUDGET

• Ordinary Contingent Expenses
• Definition of Ordinary Contingent Expenses
• Legal Expenses
• Expenditures specifically authorized by statute
• Other items necessary to maintain the educational
  program, preserve property and assure the health
  and safety of students and staff.
• Guidance on Determination of Ordinary Contingent
  Expenses
• New York State Education Department
• Formal Opinion of Counsel No. 213 (1967)
• Commissioners Decisions
• NYSED Guidance Documents
• District Legal Counsel

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BOARD OF EDUCATION2008/09 ADOPTED
BUDGETCONTINGENCY BUDGET

• PROJECTED IMPACT OF A CONTINGENT BUDGET
• Non-contingent items must be removed from the
  budget
• Equipment
• Certain Salary Increases
• Student supplies
• Budget flexibility is limited
• Expenditures must remain within the caps
• Restricted ability to manage unanticipated
  expenses (new high cost special education
  student, legal issues, utilities increases,
  etc.)
• May require budget adjustments throughout the
  year to live with the caps
• Community Use of Buildings and Grounds/School Bus
  Transportation
• Facilities users must pay actual cost of use and
  must pay in advance of service delivery
• Future impact on programs/budgets for 2009/10 and
  subsequent years