revenue · revenue: $53,336,420 property tax 56.8% state aid 34.3% pilot payments 0.1% sales tax...
TRANSCRIPT
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Revenue: $53,336,420
Property Tax56.8%
State Aid34.3%
PILOT Payments
0.1% Sales Tax2.6%
Appropriated Fund Balance
1.6%
Restricted Reserves
2.1%
Community Education
1.1%
Other Revenue1.4%
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Tax Cap 2020-2021
Increase in Tax Base = 0.68%
CPI or 2% = 1.81%
Capital Project Funding = 0.28%
Change in PILOT = 0.08%
Estimated Tax Levy Limit = 2.86%
2020 – 2021 Dollar = $842,333
Increase at Levy Limit
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Benchmark Home
Basic STAR
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Benchmark Home
Enhanced STAR
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Tax Rates
Actual Tax Rates
2019
Tax Rates on
Assessed Values
2020
Change in Tax
Rates
% Change in Tax
Rates
Mendon 23.82$ 24.41$ 0.58$ 2.45%
Henrietta 23.35$ 23.19$ (0.16)$ -0.68%
Rush 27.13$ 27.60$ 0.47$ 1.73%
Lima 24.82$ 25.97$ 1.14$ 4.61%
Avon 24.84$ 25.17$ 0.33$ 1.33%
Livonia 25.35$ 25.43$ 0.08$ 0.33%
West Bloomfield 24.84$ 25.69$ 0.85$ 3.44%
Victor 24.84$ 24.67$ (0.17)$ -0.70%
Richmond 24.84$ 25.97$ 1.12$ 4.53%
True Value Tax Rate 23.71$ 23.56$ (0.15)$ -0.65%
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Tax RatesEqualization Rate
2019 - 2020
Equalization Rate
2020 - 2021
Town of Avon 100% 98%
Town of Henrietta 100% 100%
Town of Lima 100% 95%
Town of Livonia 98% 97%
Town of Mendon 98% 95%
Town of Richmond 100% 95%
Town of Rush 86% 84%
Town of Victor 100% 100%
Town of West Bloomfield 100% 96%
Taxible Value of Property 1,242,363,398$ 1,286,466,685$
Increase in Assessments 44,103,287$
Percent Change 3.55%
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State Aid
$3,201,134
$8,625,914
$1,932,182
$674,595
$1,697,069
$4,615,445
$8,228,261
$397,641$2,135,154
$580,302$2,122,632
$218,796
$0
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$7,000,000
$8,000,000
$9,000,000
$10,000,000
2019 - 2020 2020 - 2021
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Appropriations: $53,336,420General Support
9.9%
Instruction49.8%
Transportation4.2%
Community Education
1.2%
Employee Benefits
25.2%
Debt Service9.3%
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What is Included in the Base
Budget? Professional Develop, Curriculum
Writing, and PLC’s
K-5 Math textbooks and training
Change Lima social worker position
from contract to employee
Increase Math Specialist support by
0.5FTE
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What is Included in the Base
Budget? Reduction of 1 Elementary Teaching
Position
Increase Registrar from 0.5 to 0.75 FTE
Continue with multi-year replacement plans for Transportation, Facilities, and Technology
Increased Technology Budget for cyber-security and virtual desktop software
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Capital Outlay Project 2020-2021
• Update the flooring in the aisles
and pit areas of the District
Auditorium
• Replace flooring in select
classrooms
• Project is included in the School
Budget
• District proposes spending
$100,000 on renovations and
receiving $78,000 in aid the
next year.
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Budget Balancing
Action Amount
Breakage from Retirements $417,434
Transfer Technology Expenses to Smart School
Bond Act $175,000
Defer Backup Internet Connection $25,000
Supply and Contractual Reductions $101,135
Total $718,569
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Budget Drivers
$50,073
$56,761
$180,793
$288,019
$431,307
$432,588
$1,429,993
Supplies
Contractual Expenses
Health Insurance
TRS Pension
Wages - certified
Wages non-Certified
Debt Service
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Capital Project Budget
15
$3,560,336
$5,068,746
$3,111,461
$4,615,445
$-
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
Capital Project Budget 2019 - 2020 Capital Project Budget 2020 - 2021
Debt Aid
Local
Share
$453,301
Local
Share
$448,875
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Appropriations Budget
2019 - 20 Budget 2020 - 2021
Proposed Budget
Annual
Change in $ % Change
General Support $5,119,419 $5,295,477 176,058$ 3.44%
Instruction $26,294,763 $26,558,265 263,502$ 1.00%
Transportation $2,106,734 $2,238,472 131,738$ 6.25%
Community Education $627,169 $654,297 27,128$ 4.33%
Census $3,000 $3,000 -$ 0.00%
Employee Benefits $12,831,122 $13,453,163 622,040$ 4.85%
Debt Service $3,551,824 $4,968,746 1,416,921$ 39.89%
Interfund Transfers $165,000 $165,000 -$ 0.00%
Total $50,699,032 $53,336,420 2,637,388$ 5.20%
Operations Budget Increase 2.2%
Capital Budget Increase 3.0%
(Capital budget increases do not significantly impact local
property taxes as the district is receiving increased state
building aid)
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Based on the NYS Legislative
Budget
• HF-L has a balanced, proposed budget of
$53,336,420
• The budget generally supports the strategic goals
presented by each school and department
• The budget does not exceed the tax cap
• The budget does not cause deficit spending
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The Spector of Rolling Cuts
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What if we have further cuts to
Foundation Aid?• Governor has indicated that, if the state doesn’t
receive federal support, there could be a 20% cut in
Foundation Aid
• 20% of our Foundation Aid = $1.65 million
• Items to Consider include:
• Evaluate positions vacated by retirees
• Consider other budget reductions
• Exceed the tax cap
• Use Reserves as a bridge to get through this year
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Proposed 2020-2021 Budget
PROPOSITION #1 BUDGET
Shall the proposed budget of $53,336,420 for 2020-21 be approved, including funding to enter into multi-year installment purchase contracts in accordance with the General Municipal …….
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Proposed 2020-2021 BudgetPROPOSITION #2 – School Bus Purchase
Shall the Board of Education be authorized to purchase up to six vehicles for student transportation including necessary furnishings, fixtures, equipment and all other necessary costs incidental thereto, and expend a sum not to exceed $587,500 …
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Questions
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Tax Cap 2020-2021
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Appropriations Budget
Operations Budget Increase 2.2%
Capital Budget Increase 3.0%
(Capital budget increases do not significantly impact local
property taxes as the district is receiving increased state
building aid)
Row Labels 2019 - 20 Budget
2020 - 21
Proposed
Budget $ YOY Delta % YOY Change
General Support $5,119,419.34 $5,295,477.40 176,058.06$ 3.44%
Instruction $26,294,763.11 $26,558,264.83 263,501.72$ 1.00%
Transportation $2,106,734.15 $2,238,471.86 131,737.71$ 6.25%
Community Education $627,168.91 $654,297.30 27,128.39$ 4.33%
Census $3,000.00 $3,000.00 -$ 0.00%
Employee Benefits $12,831,122.13 $13,453,162.59 622,040.46$ 4.85%
Debt Service $3,551,824.36 $4,968,745.76 1,416,921.40$ 39.89%
Interfund Transfers $165,000.00 $165,000.00 -$ 0.00%
Grand Total $50,699,032.00 $53,336,419.74 2,637,387.74$ 5.20%