2010-2011 Budget Presentation North Colonie Central School District

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2010-2011 Budget Presentation

North Colonie CentralSchool District

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2010-11 Proposed Budget

Net decrease in State & Federal Aid is $1.8 million.

Total Basic State Aid cut ($3.6 million)

Offset by Federal Stimulus Aid $1.2 million

Offset by Other State Aid $ .6 million

= Net Decrease ($1.8 million)

Proposed expenditure budget increase is 1.2% over 2009-2010.

Combination of expenditure reductions and use of fund balance proposed to balance budget.

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2010-11 Expenditure Budget

Budget includes:

$72.4 million for salaries and fringe benefits

$11.2 million for contractual services and supplies

$4.9 million for debt service

$1.2 million for equipment purchases

$.4 million for textbooks

$1.1 million for transfers to other funds

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2010-11 Staffing Reductions

Reduction of 12 instructional staff positions

7.0 Elementary

1.4 JHS

3.6 HS

Reduction of 5 non-instructional positions

3 Building Assistants

2 Central Office

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2010-11 Equipment Budget

Overall equipment budget is $1.0 million less than last year

Slow down of bus replacement plan, by purchasing fewer buses than scheduled

Third year of four year technology equipment replacement plan continues, but at a reduced amount

Reductions in equipment purchases for all areas

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2010-11 Capital & Maintenance Projects

Capital Projects:

Transportation –

Replace fuel island fire suppression

system

Latham Ridge –

Replace original boilers

Replace lighting in gym with energy

efficient lighting

Improve and increase parking to provide

safer access to/from school

Replace broken composite exterior

panels

Maintenance Projects:

Generally for health and safety matters

Reduced by $41,300 (decrease of 16%)6

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2010-11 Revenue Estimates

Decrease in Federal Stimulus funds ($1.2 million)

Net Decrease in State Aid ($600,000)

Decrease in Interest Earnings ($250,000)

Continuation of Annexation Aid($2.9 million)

Use of $4.5 million of Fund Balance

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Regents Diplomas

Our Goal: Increase Number of Shaker High School Students Satisfying the Requirements for Regents Diplomas

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20

30

4050

60

7080

90

100

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009

Regents passing grade in North Colonie is 65, NOT 55

77% 80%

85%90% 90% 90%

98% 97% 97%

96%

96%

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2009-10 Suburban Council True Value Tax Rates

market valueTax Rate x Equalization Rate

$20.99 x 65.75%

[ = True Value Tax Rate]= $13.80 (North Colonie)

assessed value

Tax

Rat

e/$1

000

of

Val

ue

District Ranking

NCCS

$19.86

$17.77 $17.32 $17.22 $17.15$16.14 $15.82 $15.49 $15.30 $14.94

$10.84

$13.80

$-

$5.00

$10.00

$15.00

$20.00

$25.00

1 2 3 4 5 6 7 8 9 10NCCS

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$150,000

$76.50/year or $1.47/week

$250,000

$127.50/year

or $2.45/week

House & Property

Estimated Tax Rate and Effect of

2010-11 Tax Rate Increase

Estimated Tax Rate Increase is 3.60%

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The Proposed Budget is $91,150,000

(1.17% increase over the prior year)

Additional Budget Information

If the Proposed Budget does not pass, the Board is required to adopt a Contingency Budget.

A Contingency Budget would require additional cuts in excess of $1 million.

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Budget Presentation and

Meet the Candidates

Thursday, May 6, at 7:30 pm SJHS Auditorium

Important Dates

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Budget VoteTuesday, May 18, 9 a.m. — 9 p.m.

Polls open at all elementary schools,

including Goodrich Schoolincluding Goodrich School

Important Dates

Absentee Ballots:

are available at the District Office from 8 a.m. to 4 p.m.

must be turned in by 5:00 p.m. on May 18

To vote, you must be 18 years old, a US citizen, and a District resident for 30 days

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