Malone’s Schools, Malone’s Future SCHOOL BOARD ADOPTS $47,600,410 BUDGET, 2.86% TAX LEVY A MESSAGE FROM THE BOARD OF EDUCATION PRESIDENT, WAYNE ROGERS Dear District Resident, The Board of Education has completed its work on the 2014-2015 budget. The budget building process is very involved, and we appreciate the input of many people from the school community. The budget being submitted to you for consideration increases spending by $1,076,041 over the 2013-2014 budget. Two of the driving forces for the increased spending next year is due to increased health insurance and retirement systems costs. The proposed tax levy increase of 2.86% is an estimate of the tax levy right now. You will be voting to authorize expenditures for 2014-2015 and not the tax rate which is set by the School Board in late July or early August when we receive final equalization rates from NYS Real Property. Again this year we have included the purchase of four 66 passenger propane fueled school buses. This is a continued attempt by the school district to go green and provide a cleaner school and maintain a safe and reliable fleet. In addition to the budget vote on May 20 will be our Capital Project Referendum. We ask that you support our project that will allow the district to renovate our current bus garage and complete our Site Improvement Plan. The Site Improvement Plan involves the tearing down of the old NCCC/ School for the Deaf buildings on College Avenue. These buildings have become an eyesore for the community and the school district. More details regarding the capital project have been mailed out in a separate mailing. Details can also be found on our district website www.malonecsd.org; click on District Information and then Capital Project. We have attempted to create a balance in the budget to meet the needs of our students in spite of the continued loss of revenue from the state. We have reduced our budget in many areas again this year in response to the continuation of the “Gap Elimination Adjustment”. The “GEA” was supposed to be a one-time reduction to balance the NYS budget, but has become an on -going method to reduce revenue to the poorest school districts. However, we still feel that we will be able to offer an effective education to meet the needs of all of our students during this next school year. The format of this newsletter has been prepared to provide an overview of the proposed budget, and to answer what we believe will be your most important questions about that document. It is not our intention to present all the details of the 2014-2015 spending plan in this publication. Please be assured that, should you desire additional details, you may contact the District Offices at 483-7800, extension 3 and ask to speak to Mr. Timothy Whipple, Business Administrator, to ask questions about the budget, or to request a more detailed document for your review. The Board of Education also invites you to attend the Budget Hearing and Capital Project Plan presentation on May 13 at 7:00 in the FA auditorium. Respectfully Yours, Wayne P. Rogers, President, Board of Education • School District Budget - Total appropriations: $47,600,410 • Capital Improvement Proposition - Bus Garage Addition & Renovations and Site Improvement Plan - $15,900,000 • Two (2) Board of Education Members • School Bus Proposition - Purchase of four (4) school buses at an estimated cost of $480,000 What will I consider on May 20th? 2 2014-2015 Proposed Budget Breakdown 3 Tax Levy & Budget Information 4 Capital Proposition Bus Garage and Site Development Project 5 Bus Proposition and Class of 2014 6 Board of Education Candidates 7 Six-day School Budget Notice ANNUAL BUDGET NEWSLETTER
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Malone’s Schools, Malone’s Future
SCHOOL BOARD ADOPTS $47,600,410 BUDGET, 2.86% TAX LEVY
A MESSAGE FROM THE BOARD OF EDUCATION PRESIDENT, WAYNE ROGERS
Dear District Resident,
The Board of Education has completed its work on the 2014-2015
budget. The budget building process is very involved, and we appreciate the
input of many people from the school community.
The budget being submitted to you for consideration increases spending by
$1,076,041 over the 2013-2014 budget. Two of the driving forces for the
increased spending next year is due to increased health insurance and
retirement systems costs. The proposed tax levy increase of 2.86% is an
estimate of the tax levy right now. You will be voting to authorize
expenditures for 2014-2015 and not the tax rate which is set by the School
Board in late July or early August when we receive final equalization rates
from NYS Real Property.
Again this year we have included the purchase of four 66 passenger propane
fueled school buses. This is a continued attempt by the school district to go
green and provide a cleaner school and maintain a safe and reliable fleet.
In addition to the budget vote on May 20 will be our Capital Project
Referendum. We ask that you support our project that will allow the district
to renovate our current bus garage and complete our Site Improvement
Plan. The Site Improvement Plan involves the tearing down of the old NCCC/
School for the Deaf buildings on College Avenue. These buildings have
become an eyesore for the community and the school district. More details
regarding the capital project have been mailed out in a separate
mailing. Details can also be found on our district website
www.malonecsd.org; click on District Information and then Capital Project.
We have attempted to create a balance in the budget to meet the needs of
our students in spite of the continued loss of revenue from the state. We
have reduced our budget in many areas again this year in response to the
continuation of the “Gap Elimination Adjustment”. The “GEA” was supposed
to be a one-time reduction to balance the NYS budget, but has become an on
-going method to reduce revenue to the poorest school districts. However,
we still feel that we will be able to offer an effective education to meet the
needs of all of our students during this next school year.
The format of this newsletter has been prepared to provide an overview of
the proposed budget, and to answer what we believe will be your most
important questions about that document. It is not our intention to present
all the details of the 2014-2015 spending plan in this publication. Please be
assured that, should you desire additional details, you may contact the
District Offices at 483-7800, extension 3 and ask to speak to Mr. Timothy
Whipple, Business Administrator, to ask questions about the budget, or to
request a more detailed document for your review. The Board of Education
also invites you to attend the Budget Hearing and Capital Project Plan
presentation on May 13 at 7:00 in the FA auditorium.
Respectfully Yours,
Wayne P. Rogers, President, Board of Education
• School District Budget
- Total appropriations: $47,600,410 • Capital Improvement Proposition - Bus Garage Addition & Renovations and Site Improvement Plan - $15,900,000
• Two (2) Board of Education Members
• School Bus Proposition - Purchase of four (4) school buses at an estimated cost of $480,000
What will I consider on May 20th?
2 2014-2015
Proposed Budget Breakdown
3 Tax Levy &
Budget Information
4 Capital Proposition Bus Garage and Site
Development Project
5 Bus Proposition
and Class of 2014
6 Board of
Education Candidates 7 Six-day School
Budget Notice
ANNUAL BUDGET NEWSLETTER
2014-2015 BUDGET: REVENUES AND EXPENDITURES
Page 2 May 2014
Estimated Revenues
2013-2014 2014-2015 Change
Charges for Services $166,000 $156,000 -$10,000
Use of Money & Property $176,000 $189,000 $13,000
Sale of Property $4,250 $4,250 $0
Miscellaneous $240,500 $240,500 $0
Interfund Transfers $549,285 $549,585 $300
State Aid $30,467,339 $31,673,465 $1,206,126
Federal Aid $979,392 $785,763 -$193,629
Appropriated Fund Balance $1,250,000 $1,000,000 -$250,000