2014-15 Budget Outlook

2014-15 Budget OutlookRay Sanchez, Superintendent for Schools

Alita McCoy Zuber, Assistant Superintendent for Business

January 8, 2014 Board of Education Meeting

...Aligned with Our Vision?

Instructional Class size – K-12: “…class size reduction appears to be an intervention that increases the achievement levels for all students while simultaneously reducing the achievement gap.” (Chun, 2009)

Libraries: Access to libraries help support student achievement and the curriculum.

Modified Sports: Positively impact students – health and academics.

Birth to College: Support the continuum of services we offer students – interest, academic levels, etc.

Facilities

Safety: Ensure a safe, secure and effective place for learning.

Security CamerasMore Secure EntrywaysAuto-lock classroom doors

Classroom Space: Maximize classroom instructional space.

Transportation

Consistency: Align 3rd and 4th grade mileage limits at no additional cost.

Major Revenues Outlook

Tax Levy Cap:• Consumer Price Index: (1.6%)• Capital Exclusions: dependent upon BOE approval • Pension Exclusions: $0• Tax Base Growth Factor: 1.0038

Foundation Aid/ NY State Aid:• Working with local legislators and NYS Budget administrators to remove the hold harmless

provision for Ossining since we are experiencing increased student enrollment; poverty; & needs.

• Governor to provide State of the State Address on January 8th, 2014, • OUFSD parents & staff members plan to attend Albany rally on January 14th.

Federal Funds:• Reviewed salaries & expenses budgeted in Grants to make proactive budget decisions.

Major Expenses OutlookPersonnel

(Instruction):• Teachers & Administrators Contracts: 0% increase • CSEA & Support Staff Contracts: Expired/ In negotiations

(Administration):• Re-aligned duties of (2) Central Office positions & did not fill (1) position • At all time low as a percentage of total budget

Employee Benefits: Pension

Employee Retirement System (ERS): 3.8% decrease from an AVG contribution rate of 20.9% to 20.1%

Teachers Retirement System (TRS): 9% increase from an employer contribution rate of 16.25% to 17.75%

Health• 2013 expenses at 2009 levels• $4 million reduction from 2012 to 2013 • Impact of Affordable Care Act: may increase number of staff eligible for health benefits

Transportation:• 2012-13 & Projected 2013-14 expenses at 2007-08 levels for Contracted Services

Health Insurance Expenses*

• Only reflects stop-loss insurance received within the fiscal year those expenses were incurred.• Projected increases based on five year average of percentage increase (16%)

2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 $6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

$16,000,000

$18,000,000

Actual ExpenseProjected Increases Before NYSHIP Change

$-2.4M

$-2.3M

$4M Reduction In Expenses from 2012-

2013

$4.7M in Cuts Avoided

Transportation Contracted Service

Expenses*

• Projected increases based on five year average of percentage increase (10%)

2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14$4,000,000

$5,000,000

$6,000,000

$7,000,000

$8,000,000

$9,000,000

$10,000,000

Actual ExpenseProjected Increases Before Contractor Changes

$-1,.2M

$-900K

$2M Reduction In Expenses from 2012-

2013

$2M in Cuts Avoided

Administration Expenses as a Percent of Total

Budget

2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-149.50%

10.00%

10.50%

11.00%

11.50%

12.00%

Administration Expenses as a percentage of the total budget at an all-

time low.

Other Reductions/Cost Avoidance with No Impact to

the Classroom

• $4.6 million in Capital improvements with no budget impact paid from energy savings under Energy Performance Contract (EPC).

• Received $1 million in competitive grants.• Saved $1.2 million over 12 years by re-financing bonds.

$6.8 Million: EPC, Grants and Bond Re-financing

$6 Million reduction in Transportation & Health Insurance expenses

Total $12.8 Million in cost avoidance and reductions

January 8, 2014• Budget Outlook 2014-2015• Update from Budget Advisory

CommitteeJanuary 22, 2014• District Technology:

Recommendations & Budget Projections

• District Budget February 12, 2014• District Budget February 26, 2014• District Budget • Review of Final Report from Budget

Advisory CommitteeMarch 5, 2014• Presentation of Proposed Budget:

Overview and Special Education

March 8, 2014 - Saturday • All Day Budget Workshop March 12, 2014• Continued Budget DiscussionsMarch 26, 2014• Continued Budget DiscussionsApril 9, 2014• Proposed 2014-2015 Ossining School

District BudgetApril 22, 2014 – Tuesday• Presentation of School Report Card• Adoption of Proposed 2014-2015

BudgetMay 13, 2014 – Tuesday • Mandatory Budget HearingMay 20, 2014• BUDGET VOTE AND ELECTION –

OHS Gymnasium

SAVE THE DATE!

Board of Education 2014-15 Budget Meetings

Questions or Comments