Strategic Investment of Resources … · 26/05/2020 · Strategic Investment of Resources BOE Meeting: 5/26/2020. Proposed areas of Investment Actualization of the Mission Engagement

2020-2021 Budget HearingAuthentic Learning…Inclusive, Diverse, Axiomatic

Strategic Investment of Resources

BOE Meeting: 5/26/2020

Proposed areas of Investment

Actualization of the Mission

Engagement

Cultural Competence

InnovationCollective Work and

Responsibility

Global Collaboration

Student voice and choice, passion for learning

Personally relevant learning opportunities

Equity in opportunities and outcomes

School and community partnerships

Self-directed, civic-minded learners

Authentic Learning…Inclusive, Diverse, Axiomatic


Fiscal ResponsibilityFiscal responsibility exercised by all employees to support program needs and provide enhancements by being cost effective and leveraging financial resources and physical assets

Objective 2

Operational supports and services are effectively provided to meet the evolving needs of students and staff

Objective 1Resource allocations are equitably distributed and leveraged to provide a high quality school experience for students and the workplace is conducive to peak productivity

Objective 3

Budget and funding opportunities are maximized to effectively meet current and emerging program needs




Dive

rse

Axiomatic

EquityLensInclusive


How can we be more responsive to and capitalize on emerging changes and cultural shifts?

DiverseWhat else can we do to make the school and classroom experience more relevant?

Inclusive

What else do we need to do to ensure equity in outcomes, all students succeeding and realizing their full potential?

Axiomatic

Assessing Needs

Through an Equity

Lens



● Maintaining balance between program preservation - assessing the point of diminishing marginal returns (point where program existence yields minimal output or impact)

juxtaposed against ● Avoidance of structural financial deficit

(major fiscal hole to fill without the prospect of future added revenues)

Multipronged Approach to the Challenge:


❖ Multi-year Scenario Analysis➢ Next two years - strategic monitoring and

trimming of expenditures to ensure operation within a reasonable cost footprint (Debt Service) and measured infusion of revenue from unappropriated fund balance

➢ Years 3 to 5 - Budget rightsizing to meet emerging needs and reserve stabilization

Multipronged Approach to the Challenge:



Value Added

● Academic Capacity- implications of class size and composition

● Equity Supports- specialized, targeted supports

● Academic Rigor- innovative practices and Next Generation Standards implications

Cost Effectiveness

● Strategic Repurposing- effective use of resources to enhance outcomes

● Personnel Management- recruitment and retention, mentoring professional development, collective bargaining, and transition planning

Revenue and Tax Impact

● Tax Cap: 3.04% ($3.8M)● Avg. State Aid: 27.29%● Tax Levy: 70.12%● Tax Base Growth Factor:

Three-year Avg. 1.61%● Tax Levy: Three-year Avg. =

2.51%● True Tax Rate: Three-year

Avg. = <-1.33%>● Full Value Growth:

Three-year Avg. = 3.91%● Tax Assessed Growth:

Three-year Avg. = 3.23%



Narrowly Scoped Strategic Investments

Equity in Outcomes – Service Follows Needs- Learning Gaps❏ Addressing anticipated growth in AIS, ENL, Special Education,

Acceleration supports

Articulation Agreements – College and Career Options ❏ CTE Pathways- Financial Literacy and Health Careers

Mental Health & Wellness – Social Emotional Learning and Restorative Justice ❏ Professional development and turnkey training



Narrowly Scoped Strategic Investments

Technology – Integration to Support Virtual Learning❏ Teacher and students expanded access and

developmentally appropriate learning management system (platform)

Safety ❏ Building lock-down capacity❏ Communication Capacity- radios and repeaters

Operations & Maintenance❏ Contractual Costs - Repairs, services, utilities❏ Internal Control of Inventory




Leveraging Resources: $753,747 Savings

● Instructional Retirements - 18.0 FTE ○ 7.0 Elementary Teacher

○ 1.0 Elementary Speech

○ 2.0 MS School Psychologists

○ 1.0 MS Art

○ 2.0 MS Special Education

○ 1.0 HS Special Education

○ 1.0 HS Art

○ 2.0 HS Music

○ 1.0 HS English11



Rightsizing Through Restructuring

● Staff Reductions Through Attrition-Vacant Positions

○ Assessing Restructuring Across all Employee Groups

○ Part Time/Hourly

○ Term/Leave Replacements

○ Administrative Restructuring Breakage

○ Retirements- instructional and non-instructional

● Reduction of 11.55 FTE = <$759, 858>12


Containing Mandated/Contractual Costs

Health Insurance – maximizing economies through Rx Consortium, overall increase anticipated to be flat

● Health 4%, Drug 0%, Overall: 2%● Total allocation for HI/Rx: $26M

Retirement and Pension Costs – increases for ERS & TRS mitgaged by existing reserve funds

● TRS Rate increase to 9.53%, total cost of $6.9M● ERS Rate increase to 14.6%, total cost of $4.5M

Collective Bargaining –CSEA contract one-year extension of final year provisions





2019-20 Adopted Budget

Net Operational Adds/Deduct

s

2020-21Adj Budget

Net Strategic Adds/Deducts

2020-21 Projected Budget

% of Budget Total

Instructional Salaries

$ 62,412,732 $ 3,048,993 $65,461,725 $(1,015,728) $64,445,997 35.48%

Administrative Salaries

$ 5,867,378 $ 88,770 $ 5,956,148 $ - $ 5,956,148 3.28%

Non-Instructional Salaries

$ 29,498,307 $ 496,277 $ 29,994,584 $ (31,430) $29,963,154 16.49%




Net Operational

Adds/Deducts

2020-21Adj Budget

Net Strategic

Adds/Deducts


% of Budget Total

Equipment $ 770,000 $ (25,000) $ 745,000 $ - $ 745,000 .41%

Contractual & Other

$10,659,900 $ 24,250 $10,684,150 $ 376,240 $11,060,390 6.09%

Textbook & Library

BOCES

$ 912,076

$ 6,091,192

$ -

$ 54,289

$ 912,076

$ 6,145,481

$ -

$ (27,141)

$ 912,076

$ 6,118,340

.50%

3.37%




Net Operational

Adds/Deducts

2020-21Adj Budget

Net Strategic Adds/Deducts


% of Budget Total

Supplies $ 3,815,449 $ 18,718 $ 3,834,167 $ 78,961 $ 3,913,128 2.15%

Benefits $ 46,596,366 $ 407,856 $ 47,004,222 $ 926,974 $ 47,931,196 26.39%

Transfer to Other Funds

Totals

$ 11,106,000

$177,729,400

$ -

$ 4,114,153

$ 11,106,000

$181,843,553

$ (494,000)

$ (186,124)

$ 10,612,000

$181,657,429

5.84%

100.00%



Projected Expenditures

Prior Year Budget (19-20): $ 177,729,400

Operational net additions: $ 4,114,153 2.31%

Strategic net reductions: $ (186,124) (.10)%

Proposed Budget (20-21): $ 181,657,429

Proposed Budget Incr (20-21): $ 3,928,029 2.21%

Three-Part Budget

18


Five-Year Budget Trend

19



Projected Resources

006795 Prior Year State Aid2019-20

As of 4/1/20Projected State Aid

2020-21

Diff2020-21

STATE AID $ 28,531,160 $ 28,531,690 $ 530

BUILDING AID $ 4,868,441 $ 4,849,715 $ (18,726)

TRANSPORTATION AID $ 9,953,006 $ 10,244,332 $ 291,326

EXCESS COST AID $ 1,489,795 $ 1,389,592 $ (100,203)

BOCES AID $ 2,188,090 $ 2,280,033 $ 91,943

TEXTBOOK AID $ 616,055 $ 616,055 $ -

SOFTWARE AID $ 150,264 $ 150,264 $ -

HARDWARE AID $ 140,766 $ 139,952 $ (814)

LIBRARY AID

PANDEMIC ADJ

PANDEMIC RESTORATION

$ 48,555

$ -

$ -

$ 34,069

$ (393,110)

$ 393,110

$ (14,486)

$ (393,110)

$ 393,110

$ 47,986,132 $ 48,235,702 $ 249,570

STATE AID - Based on State BUDGET


Projected Resources

2019-20 Budget

Net Incr/Decr

2020-21 Projected

% of Budget

% Incr Budget

Real Property Tax Items $125,702,568 $ 3,276,459 $ 128,979,027 71.00% 2.61%

Property Taxes (incl STAR) 125,063,171 3,257,573 128,320,744 70.64% 2.60%

PILOT, Interest & Penalties 639,397 18,886 658,283 0.36% 2.95%

Federal Revenue 250,000 50,000 300,000 0.17% 20.00%

State Aid 47,986,132 249,570 48,235,702 26.55% 0.52%

Projected Revenues


Projected Resources

2019-20 Budget

Net Incr/Decr

2020-21 Projected

% of Budget

% Incr Budget

Other Items 780,700 (48,000) 732,700 0.40% -6.15%

Interest 100,000 400,000 500,000 0.28% 400.00%

Appropriated Fund Balance 2,910,000 0 2,910,000 1.60% 0.00%

General Fund 1,500,000 0 1,500,000 0.83% 0.00%

Retirement Reserve 750,000 0 750,000 0.41% 0.00%

Employee Benefits Reserve 660,000 0 660,000 0.36% 0.00%

Total Projected Revenues $177,729,400 $3,928,029 $ 181,657,429 100.00% 2.21%

Projected Revenues


Proposed Budget & Tax Levy

2019-2020Adopted Budget

2020-2021 Proposed Budget

Budget $ 177,729,400 2.33% $ 181,657,429 2.21%

Property Taxes

Tax Levy Limit (Tax Cap) $ 126,839,495 3.97% $ 128,868,844 3.04%

Proposed Budget Driven $ 125,063,171 2.52% $ 128,320,744 2.60%

Amount Below Tax Cap $ 1,776,324 1.45% $ 548,100 .44%



Tax Impact on Homeowners Estimated to be

0.0729% (less than 1/10th of a %)from the Prior Year

Projected Impact on Taxpayers


Four Key Objectives of the Proposed Budget:1) Preserves quality programs, although the budget will be tight in some areas for 2020-2021

2) Yields a reasonable tax rate impact anticipated tax bills increase by 0.0729% (less than 1/10th of a percent)❏ Expectation that final Tax bills will see

reductions from prior year


Four Key Objectives of the Proposed Budget:3) Provides an expenditure lever (Debt Service) and revenue lever (unappropriated fund balance) to deal with anticipated reduction in state aid

4) Keeps the district fiscally healthy to contend with the ripple effects of the fiscal situation in future years and capacity to address emerging needs.


PROPOSITIONS FOR JUNE 9 VOTE AND ELECTION

1) PROPOSITION NO. 1- 2020-2021 BUDGET: $181,657,429

2) PROPOSITION NO. 2 - BUS AND MAINTENANCE PURCHASES: $2,274,847

3) PROPOSITION NO. 3- BOARD OF EDUCATION: Two Seats- 3-Year Terms


Vote on June 9

Absentee Ballot ONLY

Strategic Investment of Resources … · 26/05/2020 · Strategic Investment of Resources BOE Meeting: 5/26/2020. Proposed areas of Investment Actualization of the Mission Engagement

Documents