PACSBUDGETHEARING

MAY 13, 2014

PULASKI ACADEMY & CENTRAL SCHOOLDISTRICT GOALS

Instructional Goals:

1. All students will meet or exceed NYS standards including the Common Core Learning Standards.

The district will continue to: Utilize data analysis to monitor student performance. Provide appropriate programming and effective instruction for all students. Provide staff development to define and implement research based

instructional strategies. Integrate writing activities in all curriculum areas. Articulate and coordinate curriculum in all areas. Implement the PACS Comprehensive Plan.

2. All students will be physically and mentally healthy.The district will continue to: Promote Character Education. Provide education and support for lifelong physical, mental and social

health. Utilize a student management plan based on Choice Theory.

PULASKI ACADEMY & CENTRAL SCHOOLDISTRICT GOALS

Non-Instructional Goals:

1. There will be financial stability for the district. The district will:

Make cost containment efforts on-going. Continually seek outside sources for revenue enhancement.Utilize long range financial planning.

2. Facilities will be maintained and cleaned for health, safety and longevity.The district will: Expand cleaning for health efforts. Improve efforts to recycle waste items. Pursuing the capital building project.

3. Communications within the district will be appropriate and effective.The district will: Refine and expand opportunities for communications among all employee

groups, the Board of Education and the community.

PULASKI ACADEMY & CENTRAL SCHOOL

FOUNDATION AID HISTORY, 2007-08 THROUGH 2014-15

Enacted State Budget/ School Year

State Enacted Aid for PACS

Full Phase-in Level

2008-09 $9,251,877 $12,405,103

2009-10 $9,251,877 $12,300,385

2010-11 $9,251,877 $12,318,933

2011-12 $9,251,877 $13,314,636

2012-13 $9,320,047 $13,421,501

2013-14 $9,347,598 $13,218,766

2014-15 $9,492,619 $12,712,362

PACS 5 YEAR GEA HISTORY( GAP ELIMINATION ADJUSTMENT)

SCHOOL YEAR GEAGEA

RESTORATION NET GEA

2010-111,010,950 343,238 667,712

2011-121,456,728 89,310 1,367,418

2012-131,367,418 341,854 1,025,564

2013-141,025,564 351,942 673,622

2014-15673,622 450,133 223,489

TOTAL 5 YEAR GEA REDUCTION: 3,957,805

TOTAL SALARIES42%

TOTAL FRINGE BEN-EFITS27%

TO-TAL

DEBT SER-VICE13%

TO-TAL BO-CES SERVICE8%

TO-TAL

UTIL-ITIES

& FUEL4%

TOTAL OTHER6%

PACS BUDGETED EXPENDITURES BY CATEGORY

PACS PROPOSED BUDGET 2014-15      2013-14 BUDGET   2014-2015  

EXPENDITURES          

General Support $2,727,168 $2,833,695 

Instruction 9,513,278 10,111,405 

Pupil Transportation 1,053,209 1,099,850 

Community Services 7,985 7,985 

Undistributed 9,558,360 9,567,065 

Total - Expenditures $22,860,000 $23,620,000 

REVENUE            

State Aid  

Foundation/Net of GAP Elimination Adj. $8,673,976 $9,269,130 Hardware & Software Aid 38,167 37,695 

Transportation Aid 1,026,015 1,100,000 

BOCES Aid 869,038 1,053,975 

Library & Text Aid 69,007 68,615 

Building Aid 2,706,489 2,418,700 

High Cost & Private Excess Cost Aid 292,253 253,000 

Total - State Aid $13,674,945 $14,201,115 

Real Property Taxes  

Tax Levy $6,280,555 $6,399,885 

Pilots $94,000 $195,500 

Tax Penalty 25,000 25,000 

Total - Taxes $6,399,555 $6,620,385 

Other Income  Debt Service 450,000 450,000 

Interest on Deposits 15,000 15,000 

Miscellaneous 470,500 483,500 

Reserves 850,000 850,000 

Appropriated Fund Balance 1,000,000 1,000,000  Total - Other Income $2,785,500 $2,798,500 

Total - Revenue $22,860,000  $23,620,000 

Allowable Tax Levy Limit w/o Supermajority: 2.83%

Tax Levy Limit 2014-2015: $6,458,007

Tax Levy 13-14 $6,280,555 Proposed Tax Levy

(1.9% Increase) $6,399,885 Proposed Increase: $ 119,330

2014-15 TAX LEVY LIMIT

TAX LEVY IMPACTWHAT DOES THIS MEAN TO THE INDIVIDUAL TAXPAYER

Tax Levy = total amount of revenue raised through the collection of property taxes within the district

Individual property school tax is based on:

1. Tax Levy: School Determined 2. Equalization Rate: State

Determined 3. Assessment: Local Town Assessor

TownshipActual

2013-2014Projected2014-2015

$ Change % Change

Albion $20.42 $20.92 $.50 2.4%Richland $22.44 $22.99 $.55 2.5%Sandy Creek $20.42 $20.92 $.50 2.4%

 

Example: Town of Richland: Assessed Value: $85,000    Star Exemption: -$27,300    Taxed Value: $57,700  

 

Tax Bill2013-14$1,295

2014-15$1,327

$ Change$32 per year

% Change2.5%

TAX RATE ESTIMATEESTIMATED TAX RATE PER $1,000 ASSESSED VALUATION

Questions?

Please Vote!!VOTE

Lura M. SharpELEMENTARY BAND ROOM

Tuesday, May 20, 20148:00 A.M. – 8:00 P.M.

18 years of age, U.S. CitizenSchool District Resident

for 30 days prior to the vote

Personal Identification isrequired.