2014-15 Budget Outlook

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2014-15 Budget Outlook

  1. 1. 2014-15 Budget Outlook Ray Sanchez, Superintendent for Schools Alita McCoy Zuber, Assistant Superintendent for Business January 8, 2014 Board of Education Meeting
  2. 2. ...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) Facilities Safety: Ensure a safe, secure and effective place for learning. Security Cameras More Secure Entryways Auto-lock classroom doors Libraries: Access to libraries help support student achievement and the curriculum. Classroom Space: Maximize classroom instructional space. Modified Sports: Positively impact students – health and academics. Transportation Birth to College: Support the continuum of services we offer students – interest, academic levels, etc. Consistency: Align 3rd and 4th grade mileage limits at no additional cost.
  3. 3. 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.
  4. 4. Major Expenses Outlook Personnel (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
  5. 5. Transportation Contracted Service Expenses* $-900K $10 $9 $8 Millions $-1,.2M $2M Reduction In Expenses from 2012-2013 $2M in Cuts Avoided $7 $6 $5 $4 2005-06 2006-07 2007-08 Actual Expense 2008-09 2009-10 2010-11 2011-12 2012-13 Projected Increases Before Contractor Changes • Projected increases based on five year average of percentage increase (10%) 2013-14
  6. 6. Administration Expenses as a Percent of Total Budget 12.00% 11.50% 11.00% 10.50% Administration Expenses as a percentage of the total budget at an all-time low. 10.00% 9.50% 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14
  7. 7. 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
  8. 8. Board of Education 2014-15 Budget Meetings January 8, 2014 • Budget Outlook 2014-2015 • Update from Budget Advisory Committee January 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 Committee March 5, 2014 • Presentation of Proposed Budget: Overview and Special Education March 8, 2014 - Saturday • All Day Budget Workshop March 12, 2014 • Continued Budget Discussions March 26, 2014 • Continued Budget Discussions April 9, 2014 • Proposed 2014-2015 Ossining School District Budget April 22, 2014 – Tuesday • Presentation of School Report Card • Adoption of Proposed 2014-2015 Budget May 13, 2014 – Tuesday • Mandatory Budget Hearing May 20, 2014 • BUDGET VOTE AND ELECTION – OHS Gymnasium SAVE THE DATE!
  9. 9. Questions or Comments

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