2020-2021

BUDGET

HEARING JUNE 1, 2020

Foundation Aid and Community Schools Set-Aside• Foundation Aid to school districts will be frozen at 2019-20

allocations. • The Executive proposal to increase the Community Schools

Set-Aside by $50 million dollars did not make it into the enacted budget. The• Community Schools Set-Aside remains frozen at $250 million.• The districts that were slated to receive this funding for the

first time in the 2020-21 school year will not have a set-aside for this year.

From: Erie One BOCES Finance and Legislation Service

2020-2021 ENACTED NYS BUDGET

Expense-Based Aids• The proposal included in the Executive Budget to consolidate

certain expense-based aids (including BOCES Aid) into Foundation Aid was rejected in the Enacted Budget.

• Expense-based aids are fully funded for the 2020-21 school year with no formula changes (as of now).

• We are unsure at this time whether Transportation Aid will be paid for contracts/payments being made during the COVID-19 school closures.

• NYSED is aware of this question, and we will send out any

information that is released on this topic to our members.From: Erie One BOCES Finance and Legislation Service

2020-2021 ENACTED NYS BUDGET

STAR Program Changes

• The Enacted Budget legislation disallows the STAR credit/exemption to

delinquent property owners.

• If a delinquent property owner pays past-due property taxes on or before

the date specified in the required notice, the property owner can still

receive the STAR credit/exemption related to such taxes.

• If a delinquent property owner does not pay in a timely manner, they will not

receive STAR credit/exemption.

• Property owners, after paying in full, can resume participation in the STAR

credit/exemption program on a prospective basis. STAR credits/exemptions

previously disallowed would also be paid out.

2020-2021 ENACTED NYS BUDGET

From: Erie One BOCES Finance and Legislation Service

2020-2021

LEGISLATIVE

ENACTED

BUDGET

Niagara Wheatfield Central School District

Executive

Budget

2020-21

Legislative

Enacted

Budget

2020-21 Difference

Foundation Aid Pre-Adjustment 21,602,998 21,210,980 (392,018)

BOCES 2,649,219 2,613,016 (36,203)

Hardware & Technology 70,418 70,282 (136)

Software, Library & Textbook 315,942 313,675 (2,267)

Subtotal Foundation Aid 24,638,577 24,207,953 (430,624)

Universal Pre-K 830,208 830,208 -

High Cost Excess Cost 725,482 725,482 -

Private Excess Cost 927,968 927,968 -

Transportation Incl. Summer 4,285,834 4,285,428 (406)

Building Aid 3,709,835 3,709,834 (1)

Less: Pandemic Adjustment (584,873)

CARES Act Restoration (Federal Stimulus) 584,873

Total 35,117,904 34,686,873 (431,031)

*Community Schools Set Aside 132,845

*Included in Foundation Aid above

2020-21 TAX CAP CALCULATIONTax Cap Levy Worksheet As of 5/20/2020

Tax Levy Limit - Before Exclusions

Total Real Property Tax Levy for base year 2019-20 33,543,714$

Tax Base Growth Factor (Min of 1.0 - provided by State) x 1.0040

= 33,677,889$

Base Year PILOTS + 1,598,295$

Capital Expenditures Net of Aid for FYE 06/30/2020 - 1,244,868$

= 34,031,316$

Allowable Levy Growth Factor Based on CPI x 1.0181

= 34,647,282$

Budget Year PILOT Receivables (20-21 Budget) - 1,519,012$

Available Carryover + -$

Tax Levy Limit - Before Exclusions A 33,128,270$

Exclusions:

Base Year (FYE 6/30/2021) Torts and Judgments > 5% -$

Capital Expenditures Net of Aid for FYE 06/30/2021 + 1,350,041$

Pension Expenditures Above 2%

ERS + -$

TRS + -$

Total Exclusions B 1,350,041$

Tax Levy Limit Plus Exclusions =A+B 34,478,311$ 2.79%

34,043,515$ 1.49% Board Approved Amount

TAX LEVY

SCHOOL YEAR CHANGE IN LEVY

2016-2017 -0.34%

2017-2018 0.68%

2018-2019 2.49%

2019-2020 1.71%

2020-2021 1.49%

5-YEAR AVERAGE = 1.21%

TAX LEVY REVIEW

Difference from 2019-2020 Levy (2019-2020 Levy - $33,543,714.00)

2020-2021 Levy if 2.77% increase $34,474,317 $930,603

2020-2021 Levy if 2.49% increase $34,378,952 $835,238

2020-2021 Levy if 1.99% increase $34,211,234 $667,520

2020-2020 Levy if 1.49% increase $34,043,515 $499,801

Proposed

EXPENDITURE INCREASE

2013-14 $ 62,350,050

2014-15 $ 64,616,391 3.63%

2015-16 $ 67,965,701 5.18%

2016-17 $ 68,985,223 1.50%

2017-18 $ 70,518,028 2.22%

2018-19 $ 72,179,915 2.36%

2019-20 $ 74,400,000 3.08%

2020-21 $ 77,119,627 3.66%

ADDITIONS TO THE BUDGET - (+3.66%)

Total Dollar

Increase

% Of

Budget

Increase

Salaries & Fringe 1,807,949 66%

BOCES Services 515,174 19%

Debt Service 431,218 16%

IMPORTANT NUMBERS:

• Expected Revenues: $71,645,195

• Expected Expenditures: $77,119,627

• Expected Increases in Expenditures: $2,719,627 = +3.66%

• Gap = $5,474,432

- $800,000 will be used from Greenway Funds to offset debt

- $810,000 will be used from Capital Reserves to purchase buses

- $2,014,432 will be appropriated from either:

- Funds remaining from the 19-20 year or

- Unappropriated Fund Balance

- $1,850,000 will be used from Other Reserves:

- $800,000 – ERS; $300,000 – TRS; $250,000; Worker’s Comp; $500,000 - EBLAR

Interfund Transfer line includes $800,000 in Greenway funds to cover the Greenway bond

Funds Needed to Fill the Gap:Levy at 1.49%

Appropriated Fund Balance 2,014,432.00$

Interfund Transfer 800,000.00$

Capital Transportation Reserve 810,000.00$

ERS Retirement Reserve 800,000.00$

TRS Retirement Reserve 300,000.00$

Worker's Compensation Reserve 250,000.00$

Employee Benefits Reserve 500,000.00$

Reserve/Fund Balance

Balance

as of 6/30/2019

Budgeted for

2019-2020 Remaining Balance Budgeted for 2020-2021 Balance

Worker's Compensation 957,331.00$ 250,000.00$ 707,331.00$ 250,000.00$ 457,331.00$

ERS Retirement 2,010,654.59$ 100,000.00$ 1,910,654.59$ 800,000.00$ 1,110,654.59$

TRS Retirement 526,000.00$ 526,000.00$ 300,000.00$ 226,000.00$

Other Employee Benefits 1,719,329.84$ 200,000.00$ 1,519,329.84$ 500,000.00$ 1,019,329.84$

2014 Capital - Transportation

Up to $2mm

FULL 143,649.82$ 143,649.82$ -$ -$ -$

2017 Capital - Transportation

Up to $2mm

FULL 2,028,303.39$ 656,350.18$ 1,371,953.21$ 810,000.00$ 561,953.21$

2018 Capital - Transportation

Up to $2mm

FULL 2,022,313.11$ -$ 2,022,313.11$ -$ 2,022,313.11$

2017 Capital - Improvements

Up to $6mm

FULL 5,038,346.12$ -$ 5,038,346.12$ 5,038,346.12$ -$

2019 Capital - Improvements

Up to $6mm 1,687,593.88$ -$ 1,687,593.88$ 1,141,653.88$ 545,940.00$

Appropriated Fund Balance 1,343,735.00$ 1,343,735.00$ -$ 2,014,432.00$ (2,014,432.00)$

Unappropriated Fund Balance 2,976,000.00$ -$ 2,976,000.00$ -$ 2,976,000.00$

TOTALS 20,453,256.75$ 2,693,735.00$ 17,759,521.75$ 10,854,432.00$ 6,905,089.75$

2020-2021 BUDGET REVENUE

CODE ITEM 2020/21 BUDGET

1001 Real Property Taxes 34,043,515.00$

1081 Payment in Lieu of Tax 1,519,012.00$

1085 Star Tax Relief

1090 Int./Penalty - Property Taxes 55,000.00$

Subtotal - Other Tax 1,574,012.00$

1315 Continuing Education 5,000.00$

1411 Admissions 2,000.00$

2230 Tuition - Other Districts 100,000.00$

2280 Health Service/Other Tuition 75,000.00$

Subtotal - Services 182,000.00$

2389 Native American Tuition 1,500,000.00$

2401 Interest & Earnings 60,000.00$

2410 Rental of Real Property 2,000.00$

2413 Rental of Real Property - BOCES 10,000.00$

2450 Commissions 1,000.00$

2650 Sale of Scrap and Excess 1,000.00$

2683 Self Insurance Recoveries 90,000.00$

Subtotal - Sale/Loss 104,000.00$

2701.1 BOCES Refund 355,000.00$

2701 Refund of Prior Years Exp. 100,000.00$

2705 Gifts & Donations 1,000.00$

Subtotal - Misc. 456,000.00$

3101 Foundation Aid 20,570,484.00$

3101 Building Aid 3,709,834.00$

3101 Public & Private Excess Cost Aid 1,653,450.00$

Basic Aid Subtotal 25,933,768.00$

3103 BOCES Aid 2,534,112.00$

3260 Textbook Aid 219,354$

3262 Software Aid 59,869$

3261 Computer Hardware 68,159$

3263 Library Materials Aid 24,979$

3289 Transportation Aid 4,285,427.00$

Community Schools Aid -$

Subtotal State Aid 33,125,668.00$

4107 Impact Aid - Gen Ed 400,000.00$

4108 Impact Aid - Sp Ed 50,000.00$

4601 Medicaid 150,000.00$

Subtotal Federal Aid 600,000.00$

Total Revenues 71,645,195.00$

1040 Appropriated Fund Balance 2,014,432.00$

5031 Interfund Transfer 800,000.00$

A878 Capital Transportation Reserve 810,000.00$

A827 ERS Retirement Reserve 800,000.00$

A828 TRS Retirement Reserve 300,000.00$

A824 Worker's Compensation Reserve 250,000.00$

A867 Employee Benefits Reserve 500,000.00$

Grand Totals 77,119,627.00$

THANK YOU