2024 - 2025 Budget Presentation
Budget Highlights Include:
General Support: $ 3,892,883.31 (+10.466%)
Instruction: $ 11,273,183.33 (+4.038%)
Transportation: $ 2,641,413.57 (+6.761%)
Total Community Service: $ 7,386.00 (4.405%)
Total Employee Benefits: $ 5,660,635.79 (+0.454%)
Total Debt Service: $ 2,942,945.00 (+59.198%)
Total Interfund Transfers: $ 175,000.00 (-46.319%)
Total General Fund: $ 246,593,447.00 (+7.882%)
Total for State Sources: $ 19,127,309 (+9.21%)
Property Tax & Star Payments: $ 4,763,500 (2.00%)
Appropriated Fund Balance: $ 300,000 (0%)
Appropriated Empl Contribution Reserve: 100,000
Appropriated Unemployment Reserve 41,886
Total Local Sources: $ 2,155,752 (+9.09%)
Total Other Revenues: $ 105,000 (+44.74%)
Total Revenues: $ 26,593,447 (+7.88%)
Total Projected State Aid: $19,127,309
Increase of $1,612,914 from 2023-24 budget Primarily due to increases in Building Aid and other Expense Based Aids
Property Tax: increase 2.0% on the levy ($93,402), which is below the 3.99% cap ($186,370)
Revenue - Local Sources: Increase in Transportation - Other Districts due to increased costs and billing back those costs
Appropriated Reserves: 1 time funding sources, $100,000 from ERS Reserve, $41,886 from Unemployment Reserve
Debt Service Projection (Pages 11-12)
Property Tax Report Card (Page 13-15)
Expenditure Major Changes from 2023-24
1010: Board of Education, 1310: Business Administration, 1420: Legal, 1480: Public Information, 1670 Central Printing and Mailing - additional contractual and BOCES services, and contractual salary increases
1620 & 1621: Operations & Maintenance - contractual salary increases and 1 time repair projects (gym floors, signage, etc.)
1680: Central Data Processing - reclassification of copying costs, additional BOCES technology services
2010: Curriculum Development & Supervision, 2070: Inservice Training - additional BOCES services for professional development, salaries for teacher professional development (restored to budget)
2110: Regular Education - additional BOCES services for out of district placements
2250: Special Education - additional out of district placements
2280: Occupational Education - additional BOCES CTE students, addition of 1 Teaching Assistant position (STEAM)
5510: Transportation - increases in support staff salaries, increases in bus purchase costs
9010: ERS - increased costs due to increases in salaries and employer contribution rates
9711: Principal & Interest - overall increase (offset by Building Aid)
Staffing Levels
Not filling 1 open position in Foreign Language & 1 open position in grades 1-6 due to declining enrollment through attrition
Reduce .5 Elementary AIS teacher (position is open)
Add full-time Elementary AIS teaching assistant (started mid school year 2023-24)
Add full-time 7-12 STEAM teaching assistant (grant funded in 23-24)
A $100,000 capital outlay project to upgrade HVAC/Building Controls (Capital Outlay Projects generate building aid in the following fiscal year.)
There are three (3) vacancies for the Board of Education for three year terms July 1, 2024 through June 30, 2027: (VOTE FOR ANY THREE):
Kristen Fisher
Michelle Hoyt
Steve Youngers
William Kuipers
Jenifer Wallace
Proposition 1 – Budget - $26,593,447 The Board of Education of Letchworth Central School shall be authorized to expend the sum set forth in the proposed budget for the 2024-25 school year in the amount of $26,593,447 and to levy the necessary tax therefore.
Proposition 2 – Purchase from the 2015 Maintenance Vehicles/Equipment Reserve Fund Shall the following resolution be adopted to wit: Be it resolved that the Board of Education of the Letchworth Central School District shall be authorized to expend funds from the 2015 Maintenance Vehicles/Equipment Reserve Fund, established by the voters on May 19, 2015 under Section 3651 of Education Law, for the purchase of one (1) - one-ton truck with dump body and one (1) - Rough Terrain Vehicle with power steering, GPS painter and related accessories; not to exceed the total sum of $149,000.00.
Proposition 3 – Purchase from the 2017 Transportation Vehicles Capital Reserve Fund Shall the following resolution be adopted to wit: Be it resolved that the Board of Education of the Letchworth Central School District shall be authorized to expend funds from the 2017 Transportation Vehicles Capital Reserve Fund, established by the voters on May 16, 2017 under Section 3651 of Education Law, for the purchase of one (1) new Chevrolet Suburban not to exceed the sum of $72,668.00.
Proposition 4 - Library Funding - $230,741.94 Shall the amount of funds raised by taxation to support the four public libraries in the Letchworth Central School District be increased from $220,307.94 to $230,741.94 the increased amount to be distributed as followed: $35,392.33 to the Eagle Free Library, Bliss; $81,215.00 to the Cordelia A. Greene Library, Castile; $66,360.60 to the Gainesville Public Library, Silver Springs; and $47,774.01 to the Pike Library Association, Pike?
VOTE May 21, 2024 Noon Till 9:00