Greater Amsterdam School District2011-2012

Budget Update

Wednesday, March 23, 2011

Recap of First Round Reductions from March 9th Meeting

Non-Instructional Positions $499,600.0021 Non-instructional positions

(15 General Aides, Clerical(eliminate 3 and reduce 6 to 10 months),2 Custodians/Maintenance, 1 Hall Monitor)

Instructional Positions $1,009,000.0012 Instructional positions 2 Curriculum Leader stipends

McNulty Pre – K to UPKModified administrators’ work year

Other $293,000.00Supplies and Materials by 5%-10%Contractual Purchased Services by 5%-10%BOCES Services (partial)Athletics TOTAL GROSS REDUCTIONS: $1,801,600.00

Second Round Reductions

Area Amount

35 Instructional Positions(Includes district-wide half day kindergarten)

$1,770,375

1 Non-instructional Position $28,750Supplies

Total Gross reductions

$128,000

$1,799,125.00

To-DateFirst Round Reductions (3/9/11) $1,800,000

Second Round Reductions (tonight) +$1,800,000

Total Reductions of above(Includes approximately 69 positions, supplies & materials)

$3,600,000

Remaining shortfall as of tonight:(This is approximately 38 additional instructional staff)

$1,891,829

March 23, 2011 SUMMARY 2011-2012 Projected Budget: $58,195,554

Summary with 5% Tax Levy

Summary Amount

Revenue Less Tax Levy & Fund BalanceFund Balance Allocation2011/12 Revenue less Tax Levy

$34,483,725.00$2,500,000.00

$36,983,725.00

5% Estimated Tax Levy $19,320,000.002011-2012 Expenses

Remaining Shortfall as of tonight(This is approximately 38 additional instructional staff)

$58,195,554.00

-$1,891,829.00

Contingent BudgetSummary Amount

Revenue Less Tax Levy & Fund BalanceFund Balance Allocation2011/12 Revenue less Tax Levy

$34,483,725.00$2,500,000.00

$36,983,725.00

15.3 % Estimated Tax Levy $21,211,829.002011-2012 Expenses (Includes approximately 69 positions, supplies & materials)

Expenditures are actually lower than contingent ($58,714,748.00)

$58,195,554.00

$519,194.00

Contingent Tax LevySummary Amount

15.3% Estimated Contingent Tax LevyIncludes reductions of approximately 69 positions, supplies & materials

$21,211,829.00

1% Reduction in tax levy equals Additional Cuts required

5 % Tax Levy $19,320,000.00 (38 positions)

8% Tax Levy $19,872,000.00 (28 positions)

10.7% Tax Levy $20,367,179.00 (18 positions)

$184,000.00

-$1,891,829.00-$1,339,829.00

-$844,650.00

Category Flat Health Total

Teacher's/Professional $ 1,104,460 $ 1,249,121 $ 2,353,581

Bus/Custodial/Maintenance $ 64,014 $ 115,475 $ 179,489

Clerical $ 49,188 $ 77,753 $ 126,941

Teacher Aide $ 46,086 $ 115,587 $ 161,673

Administrators $ 40,980 $ 59,003 $ 99,983

Non-Bargaining $ 21,157 $ 36,650 $ 57,807

Total $ 1,325,885 $ 1,653,589 $ 2,979,474

What Concessions Would Look Like