Lansing Central School DistrictBudget Update

February 14, 2011

Dr. Stephen L. Grimm, Superintendent Ms. Mary June King, Business Administrator

BUDGET TOPICS

• GENERAL SUPPORT• OPERATIONS & MAINTENANCE• TECHNOLOGY• TRANSPORTATION

GENERAL SUPPORT• Board of Education: $13,600– Board, District clerk, District Meeting

• Office of Chief School Administrator: $220,901• Finance: $398,887– Business Administration, Auditing, Treasurer, Tax

Collector, Purchasing

• Staff: $169,621– Legal, Personnel, Records Management, Public

Information and Services

GENERAL SUPPORT, CONT’D

• Central Services: $1,792,686– Operation of Plant, Maintenance of Plant, Central

Printing & Mailing, Central Data Processing

• Special Items: $413,800– Insurance, Dues, Refunds, BOCES Admin Charges,

consultant fees

TOTAL GENERAL SUPPORT: $3,009,495

GENERAL SUPPORT2010-2011 2011-2012 % CHANGE

Board of Education $ 11,206 $ 14,118 25.99%

Office of Chief Administrator $ 211,465 $ 219,604 3.84%

Finance $382,542 $ 377,457 -1.33%

Staff $ 162,820 $188,894 16.01%

Central Services $ 1,747,448 $ 1,784,672 2.13%

Special Items $ 393,854 $ 420,766 6.83%

TOTALS $2,909,354 $3,005,511 3.31%

% OF BUDGET 11.93% 11.48%

OPERATIONS & MAINTENANCE• Energy Performance Contract:– Guaranteed Savings = $ 249,469• $236,000 was built in to the 2010-2011 budget

preparation. No modification in 2011-2012 budget.

• Energy Management Services:– Projected cost = $ 12,233 (w/aid)/$ 20,285 (w/o)– Projected Savings = $60,160

• All other codes are held constant or increased only as much as contractual obligations indicate (salaries)

OPERATIONS AND MAINTENANCE2010-2011 2011-2012 % CHANGE

SALARIES $ 562,967 $ 575,566 2.24 %

BENEFITS $ 217,156 $ 280,308 29.1 %

EQUIPMENT $ 38,500 $ 38,500 0 %

CONTRACTUAL $ 171,600 $ 171,600 0 %

M & S $ 119,000 $ 119,000 0 %

GAS & ELECTRIC $ 484,300 $ 484,300 0 %

WATER $ 42,000 $ 42,000 0 %

BOCES $ 82,953 $ 103,143 24.45 %

TOTALS $ 1,718,476 $ 1,814,417 5.58 %

% OF BUDGET 7.05 % 6.93 %

TECHNOLOGY• INCREASES IN BOCES: – Network Specialist from .3 to .5– NEW technology purchase proposals not included

in this projected budget• DECREASES IN STATE AID AMOUNTS– Result of decreasing student enrollment

• IMPROVED TRACKING OF EXPENSES– Tech Director involved in all software/hardware

purchases– Budget codes increased to include building

identification for cost tracking

TECHNOLOGY2010-2011 2011-2012 % CHANGE

SALARIES $ 97,973 $ 96,140 - 1.87 %

NYS-AID SOFTWARE $ 18,500 $ 18,365 -0.73 %

NYS-AID HARDWARE $ 16,824 $ 15,906 -0.55 %

CONTRACTUAL $ 17,425 $ 17,425 0 %

M & S $ 15,000 $ 15,000 0 %

BOCES $ 401,488 $ 413,638 3.03 %

TOTALS $ 567,210 $ 576,474 1.63 %

% OF BUDGET 2.33 % 2.2 %

TRANSPORTATION• SAVINGS IN CURRENT YEAR– Projected savings of $80,000 in excess of budgeted savings

• DEBT SERVICE CONSIDERATIONS– Debt service projections on 1/24/11 did not include new

bus purchase. – $ 55,000 set to ‘fall off’ the debt service this year. Stable

replacement would allow for estimated $275,000 purchasing power. 2 Buses will be around $200,000; 3 buses will be around $300,000

– Governor’s proposal has 10-year minimum age for aidable replacement purchases.

TRANSPORTATION

• THIS SLIDE WILL HAVE THE BUS REPLACEMENT SPREADSHEET. IT IS BEING UPDATED BY THE HEAD BUS DRIVER. I WILL FORWARD ELECTRONICALLY TO BOE MEMBERS PRIOR TO THE WEEKEND.

TRANSPORTATION2010-2011 2011-2012 % CHANGE

SALARIES $ 712,763 $ 648,215 - 9.06 %

BENEFITS $ 244,946 $ 295,489 20.63 %

EQUIPMENT $ 21,500 $ 21,500 0 %

CONTRACTUAL $ 63,350 $ 65,500 3.39 %

GAS & DIESEL $ 123,375 $ 123,375 0 %

UTILITIES $ 28,050 $ 28,050 0 %

M & S $ 80,280 $ 80,280 0 %

BOCES $ 8,298 $ 8,440 1.71 %

TOTALS $ 1,282,562 $ 1,279,849 -0.21 %

% OF BUDGET 5.26 % 4.89 %

PROJECTED REVENUE GAP

Revenue Source

Anticipated 2010-2011

Projected2011-2012

Difference

State Aid $ 6,466,703 $ 6,600,311 $ 133,608

Federal Aid $ 867,389 $ 30,000 $ - 837,389

Miscellaneous $ 1,271,507 $ 497,632 $ - 773,875

PILOTS $ 2,402,400 $ 2,415,700 $ 13,300

Tax Levy $ 13,369,907 $ 13,578,367 $ 208,460

Total $ 24,377,906 $ 23,122,010

Projected Budget/Revenue 2011-2012 Gap: February, 2011

ProjectedFYE12

$25,301,886

923,980

Budget 2010-2011

$24,377,906 $ 2,179,876

1,255,896

Revenue for 2011-2012

$23,122,010

FUND BALANCE PROJECTION

BUDGETED AMOUNT

PROJECTED ACTUAL DIFFERENCE

REVENUES $ 24,377,906 $ 25,046,072 + 668,166

EXPENSES $ 24,377,906 $ 24,153,932 + 223,974

TOTAL PROJECTED FUND BALANCE IN EXCESS OF ALLOWED 4% $ 892,140

REVENUE SHORTFALL SOLUTIONS

• $ 1,764,030 Shortfall contains 2.6% levy increaseFUND/SOURCE $$ TO BE APPROPRIATED

AMOUNT REMAINING IN

FUND

SHORTFALL BALANCE

$2,179,876

10/11 (excess) Fund Balance $ 892,140 $ 970,873 $ 1,287,736

ERS Reserve $ 150,000 $ 452,220 $ 1,137,736

Tax Cert Reserve $ 200,000 $ 200,849 $ 937,736

EBALR $ 200,000 $ 270,480 $ 737,736

Unappropriated FB $ 737,736 $ 233,137 $ 0