2020 21 Budget Presentation APRIL 6 2020 2020

2020 -21 Budget Presentation APRIL 6, 2020

2020 -21 Tax Cap The maximum levy the district can go to is 3. 139% for 2020 -21 this will generate $570, 907. 79. (As submitted to the NYS Comptroller’s office March 1, 2020)

Growth Factor Voorheesville CSD has the highest Growth Rate in the Capital Region True Property Value Change in Tax Rate –(Tax rate /$1000 True Value) 2016 -17 - $871, 958, 875 Berne 2016 -17 $30. 27216, 2017 -18 - $925, 521, 412 Guilderland 2016 -17 $22. 01612 New Scotland-2016 -17 $ 19. 37419 Berne- 2019 -20 - $ 30. 33325 Guilderland -2019 -20 - $17. 89662 New Scotland- 2019 -20 - $19. 45285 2018 -19 -$927, 391, 417 2019 -20 -$1, 016, 100, 319

Tax Levy Percent Revenue 1% $181, 847 2% $363, 695 3% $545, 542

Revenues 2020 -21 The revenues of the school district come from two main sources: 1. The Taxy Levy Limit for our district is 3. 139% for 2020 -21 We have used the 3. 139% tax levy increase for the first draft of the budget 2. NY State Aid projected amount $6, 533, 948

State Aid Look Back The Governor is planning on having quarterly look backs that could potentially impact state aid. New York State fiscal year begins April 1 and ends March 31. School districts fiscal years run July 1 to June 30. The first quarter look back would impact the district’s fourth quarter. Any look back after that would impact the 2020 -21 school year.

State Aid Foundation Aid=$3, 595, 288 (0% increase) Expense based Aid =$ 2, 938, 660 these aid are BOCES, Building, transportation, high cost special education

Major Categories of Spending in 202021 draft budget Spending Category Total Amount % Change from 2019 -20 $ Change from 2019 -20 General Support $2, 651, 119 4. 8% $122, 161 Instruction $12, 939, 381 0. 92% $177, 564 Transportation $994, 218 6. 37% $ 59, 518 Employee Benefits $7, 816, 403 5. 3% $367, 330 Debt Service $1, 499, 994 - 3. 6% $ -56, 815 Total Expenditures $26, 022, 115 2. 4% $616, 883

Expenditures. Administrative 9% Capital 13% Program 78% Administrative Capital Program

Budget Facts Budget Increase • Tax Levy Increase $616, 883 (2. 428%)down from $686, 657 last year $570, 907 (3. 139%) State Aid Increase projected as of 4/1/2020 $37, 344 (solely based on under 100 k emergency project for Elementary school gym )

Bus Proposition VCSD Maintains a multi-year plan for replacing buses Buses run approximately 10 – 12 years Plans to purchase one 65 -passenger bus and two 28 –passenger buses. ($236, 000) Will auction off two buses Will receive State Aid on the bus purchases at approximately 60% of costs

Next Steps • BOE adopts the budget • Wait for a date to be announced for vote