2010-2011 Budget Presentation North Colonie Central School District

1. 2010-2011 Budget PresentationNorth Colonie CentralSchool District

2. 2010-11 Proposed Budget • Net decrease in State & Federal Aid is $1.8 million. Total Basic State Aid cut ($3.6 million) Offset by Federal Stimulus Aid $1.2 million Offset by Other State Aid $ .6 million = Net Decrease ($1.8 million) • Proposed expenditure budget increase is 1.2% over 2009-2010. • Combination of expenditure reductions and use of fund balance proposed to balance budget. 2

3. 2010-11 Expenditure Budget Budget includes: • $72.4 million for salaries and fringe benefits • $11.2 million for contractual services and supplies • $4.9 million for debt service • $1.2 million for equipment purchases • $.4 million for textbooks • $1.1 million for transfers to other funds 3

4. 2010-11 Staffing Reductions • Reduction of 12 instructional staff positions 7.0 Elementary 1.4 JHS 3.6 HS • Reduction of 5 non-instructional positions 3 Building Assistants 2 Central Office 4

5. 2010-11 Equipment Budget • Overall equipment budget is $1.0 million less than last year • Slow down of bus replacement plan, by purchasing fewer buses than scheduled • Third year of four year technology equipment replacement plan continues, but at a reduced amount • Reductions in equipment purchases for all areas 5

6. 2010-11 Capital & Maintenance Projects Capital Projects: Transportation – • Replace fuel island fire suppression system Latham Ridge – • Replace original boilers • Replace lighting in gym with energy efficient lighting • Improve and increase parking to provide safer access to/from school • Replace broken composite exterior panels Maintenance Projects: • Generally for health and safety matters • Reduced by $41,300 (decrease of 16%) 6

7. 2010-11 Revenue Estimates • Decrease in Federal Stimulus funds ($1.2 million) • Net Decrease in State Aid ($600,000) • Decrease in Interest Earnings ($250,000) • Continuation of Annexation Aid($2.9 million) • Use of $4.5 million of Fund Balance 7

8. Regents Diplomas Our Goal:Increase Number of Shaker High School Students Satisfying the Requirements for Regents Diplomas 98% 97% 97% 96% 96% 90% 90% 90% 85% 80% 77% 8 Regents passing grade in North Colonie is 65, NOT 55

9. 2009-10 Suburban Council True Value Tax Rates assessed value = True Value Tax Rate [ ] Tax Rate x Equalization Rate $20.99 x 65.75% market value = $13.80(North Colonie) Tax Rate/$1000 of Value NCCS District Ranking 9

10. Estimated Tax Rate and Effect of 2010-11 Tax Rate Increase Estimated Tax Rate Increase is 3.60% House & Property $150,000 $76.50/year or $1.47/week $250,000 $127.50/year or $2.45/week 10

11. Additional Budget Information The Proposed Budget is $91,150,000 (1.17% increase over the prior year) If the Proposed Budget does not pass, the Board is required to adopt a Contingency Budget. A Contingency Budget would require additional cuts in excess of $1 million. 11

12. Budget Presentation and Meet the Candidates Important Dates Thursday, May 6, at 7:30 pm SJHS Auditorium 12

13. Important Dates Budget Vote Tuesday, May 18, 9 a.m. — 9 p.m. Polls open at all elementary schools, including Goodrich School Absentee Ballots: • are available at the District Office from 8 a.m. to 4 p.m. • must be turned in by 5:00 p.m. on May 18 To vote, you must be 18 years old, a US citizen, and a District resident for 30 days 13