AdoptedBudget4-27-07.xls - Averill Park Central School District

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AdoptedBudget4-27-07.xls - Averill Park Central School District Powered By Docstoc
					AVERILL PARK CENTRAL SCHOOL DISTRICT

        2007-08 Adopted Budget
                April 17, 2007




            TABLE OF CONTENTS

         2007-2008 BUDGET OVERVIEW

               A. SUMMARY CHART
                B. DETAILS CHART
          C. EXPLANATION OF CHANGES
          D. BUDGET SCENARIOS CHART
    E. CALENDAR OF BUDGET PRESENTATIONS
A. SUMMARY CHART                                                                                     8/17/2011



         EXPENSE BUDGET (Appropriations)
                                                   2006-2007 (adopted)            2007-2008 (proposed)
                                                                 % of total                      % of total
         OPERATING EXPENSES                                       budget                          budget



          Personnel - Salaries                     25,613,902        51.9%        25,656,371        49.9%
          Personnel - Benefits                     10,267,709        20.8%        11,267,176        21.9%

          Non-Personnel                             7,374,314        15.0%          8,494,939       16.5%

         Total Operating Expenses                  43,255,925        87.7%        45,418,486        88.4%


         CAPITAL EXPENSES
          Debt Service, buildings                   5,603,748        11.4%          5,513,614       10.7%

          Debt Service, buses                         455,000        0.90%           455,000          0.9%

         Total Capital Expenses                     6,058,748        12.3%          5,968,614       11.6%




         TOTAL APPROPRIATIONS                      49,314,673        100.0%       51,387,100      100.0%




         REVENUES (Income)
                                                  2006-2007 (adopted)             2007-2008 (proposed)
                                                                     % of total                    % of total
                                                                       budget                        budget

          State Aid - Operating Expenses           $19,041,030       38.6%         $19,655,096     38.2%
          Local School Taxes                       $22,051,639       44.7%         $23,439,983     45.6% *
          State Aid - Capital Expenses              $5,172,979       10.5%          $5,185,288     10.1%
          Misc.                                     $1,994,025        4.0%          $1,956,733      3.8%
          Designated Fund Balance                     $555,000        1.1%            $650,000      1.3%
          Debt Service Transfers                      $500,000        1.0%            $500,000      1.0%




         TOTAL REVENUES                            $49,314,673   100.0%            $51,387,100   100.0%


     *   Estimated levy based upon currently available information
    B. DETAILS CHART                                                                                            8/17/2011


         EXPENSE BUDGET (Appropriations)
                                                  2006-2007 (adopted)             2007-2008 (proposed)

         OPERATING EXPENSES                                      % of total                      % of total
                                                                  budget                          budget

          Personnel - Salaries
    1      Teaching Staff                         16,046,094         32.5%        17,976,035        35.0%
    2      Staff for Support Services              8,403,914         17.0%         6,396,505        12.4%
    3      Administrators                          1,163,894          2.3%         1,283,831         2.5%
             Subtotal - Personnel - Salaries      25,613,902         51.9%        25,656,371        49.9%
          Personnel - Benefits
    4      Health and Dental                       5,750,540         11.7%         6,430,578        12.5%
    5      State and Federal Mandates              2,193,851          4.4%         2,364,868         4.6%
    6      Retirement                              2,323,318          4.7%         2,471,730         4.8%
             Subtotal - Personnel - Benefits      10,267,709         20.8%        11,267,176        21.9%
          Total Personnel Expenses                35,881,611         72.8%        36,923,547        71.9%

          Non-Personnel
    7      Teaching Supplies & Services             2,443,244          5.0%        2,163,554         4.2%
    8      BOCES Educational Services               1,123,768          2.3%        1,975,750         3.8%
    9      Transportation                             786,785          1.6%          925,821         1.8%
    10     Utilities                                1,428,340          2.9%        1,447,551         2.8%
    11     Insurance                                  247,090          0.5%          186,465         0.4%
    12     Building and Grounds                       681,893          1.4%          766,675         1.5%
    13     Interfund Transfers                         55,000          0.1%           55,000         0.1%
    14     Other                                      608,194          1.2%          974,123         1.9%
          Total Non-Personnel Expenses              7,374,314        15.0%         8,494,939        16.5%

         Total Operating Expenses                 43,255,925         87.7%        45,418,486        88.4%



                                                                 % of total                      % of total
         CAPITAL EXPENSES                                         budget                          budget


    15      Debt Service, buildings                 5,603,748        11.4%         5,513,614        10.7%
    16      Debt Service, buses                       455,000         0.9%           455,000         0.9%
         Total Capital Expenses                     6,058,748        12.3%         5,968,614        11.6%



         TOTAL APPROPRIATIONS                     49,314,673                      51,387,100
         Increase (Decrease)                                                      2,072,427      4.20%



         REVENUES (Income)
                                                  2006-2007 (adopted)             2007-2008 (proposed)
                                                                     % of total                    % of total
                                                                       budget                        budget

          State Aid - Operating Expenses           $19,041,030       38.6%         $19,655,096     38.2%
17        Local School Taxes                       $22,051,639       44.7%         $23,439,983     45.6% *
18        State Aid - Capital Expenses              $5,172,979       10.5%          $5,185,288     10.1%
19        Misc.                                     $1,994,025        4.0%          $1,956,733      3.8%
20        Designated Fund Balance                     $555,000        1.1%            $650,000      1.3%
21        Debt Service Transfers                      $500,000        1.0%            $500,000      1.0%

         TOTAL REVENUES                            $49,314,673   100.0%            $51,387,100   100.0%

*        Estimated levy based upon currently available information
C. Explanation of Changes


Category (From "B.Details Chart")                                                                     Year-to-Year
                                                                                                        Change
                                                                                                        (dollars)
Operating Expense

 1 Teaching Staff - The reclassification of expense categories has created a dramatic one-time        $ 1,929,941
   shift in appropriations. This change does not represent an increase in staff or salaries. Actual
   increases include step increases, cost for substitutes, PASS program cost and home tutoring
   for students unable to attend for medical reasons equivalent to $513,475.


 2 Staff and Support Service - This category includes the salaries of all non-teaching personnel          ($2,007,409)
   in the district. The reclassification of expense categories has created a dramatic one-time
   shift in appropriations. This change does not represent a reduction in force or compensation.
   Actual increases include: contractual increases and the filling of vacant positions in bus
   garage and business office equivalent to $361,368.


 3 Administrators - The reclassification of two employees into this category has created a            $      119,937
   dramatic one-time shift in appropriations. Amount includes annual contractual increases of
   $11,324.

 4 Health and Dental - We have experienced greater participation among non-instructional         $           680,038
   employees. Nationally, health insurance has increased primarily due to prescription drug cost
   increases. APCSD was able to limit the increase to 12.6%


 5 State and Federal Mandates - This category increased 5.7% primarily due to increased               $      171,017
   workers compensation costs


 6 Retirement - Teacher retirement rates have increased from 8.2% to 8.6%. NYSERS rates               $      148,412
   have increased to 12.3%.


 7 The reclassification of expense categories has created a dramatic one-time shift in                $     (279,690)
   appropriations. Actual appropriations have increased and include high school science
   equipment, curriculum mapping supplies and materials, and an increased use of customized
   presentation material. $15,685.


 8 BOCES Educational Services - The reclassification of expense categories has created a              $      851,982
   dramatic one-time shift in appropriations. There is an increase in utilization of services for
   students with disabilities and students in career/technical education programs. There is a
   cost increase for other services including a 7% increase in administration and rent. Also
   includes an increase in services to meet testing mandates and the reporting of student data.



 9 Transportation - The use of low sulphur fuel requires additional additives. Fuel prices have       $      139,036
   increased. The appropriation for substitute drivers has been increased to reflect actual usage
   trends. The DOT has mandated more frequent tire replacement. This also includes district's
   portion of new vehicle purchases.
C. Explanation of Changes

10 Utilities - Anticipates an increase resulting from the increased unit cost of utilities.       $      19,211
   Consumption continues to decline as a result of energy management programs. This also
   accounts for after hours use by outside groups.


11 Insurance - Year to year decrease reflects savings resulting from the restructuring of all     $     (60,625)
   coverages. Budget figure reflects an increase in premiums for all insurance required by the
   district of $19,767.



12 Building and Grounds - Reflects an increase for the training of in-house staff in asbestos     $      84,782
   abatement, OSHA Safety, Codes Compliance, and HVAC repair. Replacement / upgrade fire
   & smoke alarm systems. We also must meet the mandate to use an engineer for annual
   structural and fire inspections.


13 Interfund Transfers                                                                                  n/c


14 Other - Actuary, internal auditor, independent auditor, external auditor, claims auditor,      $     365,929
   anticipated litigation, architect and engineer costs (We expect to recoup architect and
   engineer costs from capital project of approximately $130,000)


Capital Expenses

15 Debt Service, Buildings - Reflects retirement of one bond. (The debt reserve fund covers the   $     (90,134)
   local portion of debit service expense).

16 Debt Service, Buses - Ongoing five year replacement plan results in constant debt level.             n/c

Revenue Budget

17 Local School Tax - projected increase to offset lack of increase in state operating aid and        $1,388,344
   decrease in state incentive aid.

18 State Aid Capital Projects - increase due to additional debt issue                                   $12,309

19 Miscellaneous Income - decrease reflects reduction in interest income                               ($37,292)

20 Designated Fund Balance - increased to reflect projected requirement                                 $95,000

21 Debt Service - reflects annaul transfer to offset capital project interest                           n/c
  D. BUDGET SCENARIOS CHART
                                                     2007-2008 BUDGET SCENARIOS
                                                                   February 13, 2007




                                                    A                                           B
                                               "Contingent                                  "Proposed
                                                 Budget"                                     Budget"
                                              (Limit of Board's                            (Base Budget)
                                             spending authority)


Operating Budget                    $                         44,899,650         $                         45,418,486

Debt Service                        $                              5,968,614     $                          5,968,614

Enrollment Needs                    $                                    -       $                                -

Program Improvements
                                    $                         50,868,264       # $                         51,387,100



Increase in Budget                                                                                              4.20%



Amount to bring Preliminary Budget to Contingent:                                      $                     (518,836)
E. Budget Presentations

    February 13 - 6:30 p.m.   Superintendent presents initial expense budget

    March 13 - 6:30 p.m.      1st Budget Review


    March 27 - 6:30 p.m.      2nd Budget Review


    April 17 - 6:30 p.m.      Budget Adoption


    April 17th                Deadline for submission of petitions for
                              nominations of Board candidate(s),until
                              5:00 p.m.


    May 8th - 6:30 p.m.       Budget Hearing in the High School Auditorium and
                              Regular Board Meeting


    May 15th                  Budget Vote and Election of School Board
                              Member Polls are open from 7:00 a.m. to
                              9:00 p.m. at the Averill Park High School

				
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