Fishers Island School 2021-2022 BoE Budget Hearing
May 11, 2021
Our Amazing Students
2
Budget Presentation • Fishers Island School 2020-2021 • Budget FY2021 vs. FY2022 • Budget Summary and Roadmap • Questions and Voting Process
3
Fishers Island School- 2020-2021 • Prioritization of Health and Safety for our students, staff and community throughout the school year.
• Remained open full time for PreK-12th grade students since September 1, 2020. • Continuous improvements made to air filtration, cleaning/disinfecting protocols, and COVID screening/testing procedures. • Increased enrollment (15 students) through the welcomed addition of seasonal resident students.
4
Class of 2021
5
Class of 2021- College Acceptances Agnes Scott College
Goucher College
SUNY Cobleskill
American University
Lincoln Memorial University
SUNY Canton
Bryn Mawr College
Maine Maritime Academy
SUNY New Palz
Champion College
Manhattan College
SUNY Geneseo
College of Charleston
New York University
University of Connecticut
College of William and Mary
Plymouth State University
University of New Hampshire
Dean College
Sarah Lawrence University
University of Vermont
Drexel University
Simmons University
Western New England University
Fisher College
SUNY Binghamton
6
Budgeted FY2021 vs FY2022 Revenue Highlights • Tax levy increase – $71,315 (2.19% increase YoY – 7.2% increase since FY2014) • State Aid increase - $6,533
FY2022 Budget Enrollment Fishers Island Students 37 Tuition Students 32 Total Students 69
• Tuition increase - $19,063 (5 students increase - 9 new, 4 graduates) Expenditure Highlights • Personnel increase - $118,991 • Equipment decrease - $4,050 • Contractual decrease - $47,110 • Field trips decrease - $16,965 • Textbook increase - $25 • Supplies decrease - $11,653 • Employee benefits increase - $57,673
7
FY2022 Revenue Tax Levy History
FY2022 Proposed Revenue
$3,375 $3,335 $3,300
$3,225
$3,264
$3,184
$3,201
$3,200
$3,208
•
Tax Levy - $3,334,828
• State Aid/BOCES - $298,150
$3,208
• Tuition – 105,380
$3,150
• Rental Tower - $8,034
$3,075
• Total Revenue - $3,746,392
$3,000
$2,925
$2,850 FY2016
FY2017
FY2018
FY2019
Black =Adopted Levy Red = Proposed Levy
FY2020
FY2021
FY2022
8
FY2022 Expenditure Budget History
FY2022 Proposed Expenditure
$3,800 $3,746
$3,750 $3,706 $3,700 $3,656 $3,650
$3,650
$3,650
$3,637
$3,649
$3,600 $3,550 $3,500 $3,450 $3,400 FY2016
FY2017
FY2018
FY2019
FY2020
Black =Adopted Budget Red = Proposed Budget
FY2021
FY2022
•
Personnel - $2,286,598
•
Equipment - $9,850
•
Contractual - $329,005
•
Conferences - $0
•
Field trips - $0
•
Textbooks - $6,568
•
BOCES - $75,972
•
Supplies - $57,821
•
Administrative- $6,000
•
Debt service - $11,000
•
Employee Benefits - $953,578
•
Budget Reserves - $10,000
•
Total Expenditure - $3,746,392
9
Accounts Revenue Ta x Levy State Ai d Tui tion Rental Tower Total Revenue
FY2021B
FY2022B Proposed +/(-)
% chg
$3,263,513 $291,617 $86,317 $8,034 $3,649,481
$3,334,828 $298,150 $105,380 $8,034 $3,746,392
$71,315 $6,533 $19,063 $0 $96,911
$395,228
$409,625
$14,397
Support Staff Tea chers Subs titutes Co-Curr (Stipends ) Athl etics (Stipends ) Co-Curr (Bef/Aft) Total Personnel Equipment Genera l Ins truction
$62,225 $1,619,088 $15,000 $18,713 $21,528 $35,824 $2,167,607 $13,900 $292,865 $77,750
$67,019 $1,723,888 $10,000 $18,713 $21,528 $35,824 $2,286,598 $9,850 $266,005 $57,500
$4,793 $104,801 ($5,000) $0 $0 $0 $118,991 ($4,050) ($26,860) ($20,250)
7.70% 6.47% -33.33% 0.00% 0.00% 0.00% 5.49% -29.14% -9.17% -26.05%
Tra ns portation Total Contractual Conferences Field Trips Textbooks Genera l Ins truction Total BOCES Genera l Ins truction Tra ns portation Total Supplies Administrative Debt Service Admi n Support Staff Tea chers Retirees Total Employee Benefits Budgetary Reserves Total Expenditure
$5,500 $376,115 $0 $16,965 $6,543 $62,026 $13,946 $75,972 $25,840 $40,934 $2,700 $69,474 $6,000 $11,000 $160,044 $112,879 $555,948 $67,033 $895,905 $10,000 $3,649,481
$5,500 $329,005 $0 $0 $6,568 $62,026 $13,946 $75,972 $14,339 $40,841 $2,642 $57,821 $6,000 $11,000 $167,416 $13,881 $709,939 $62,341 $953,578 $10,000 $3,746,392
$0 ($47,110) $0 ($16,965) $25 $0 $0 $0 ($11,501) ($93) ($58) ($11,653) $0 $0 $7,372 ($98,998) $153,991 ($4,692) $57,673 $0 $96,911
0.00% -12.53% 0.00% -100.00% 0.38% 0.00% 0.00% 0.00% -44.51% -0.23% -2.15% -16.77% 0.00% 0.00% 4.61% -87.70% 27.70% -7.00% 6.44% 0.00% 2.66%
Comments
2.19% tax l evy a va i l a bl e - 3.03% 2.24% 22.08% net 5 i ncr (9 new, 4 gra ds ) 0.00% 2.66%
Expenditure Admi n
3.64% ni ght cus todi a n 1.25% K i ncr, l a ne chg, Comp Tchr
l a wn mower/vi deo covi d, R&M projects judo out, gra nt fundi ng for CC
s us pended
covi d, 2.15% decrea s e computer, 2.15% decrea s e 2.15% decrea s e
i ncr - s a l & benf ra te a dj to proper a /c, chg i n s i gn-ups s a l i ncr, a dj to proper a /c, chg i n s i gn-ups chg i n s i gn-ups
10
Budget Summary Roadmap Revenue Roadmap FY2021 Adopted Revenue Ta x Levy $71,315 State Ai d $6,533 Tui tion $19,063 Rental Tower $0 YoY s wi ng
FY2022 Proposed Revenue
Comments $3,649,481 tax l evy a va i l a bl e - 3.03% net 5 s tudent i ncrea s e (9 new, 4 gra ds ) $96,911
$3,746,392
Expenditure Roadmap FY2021 Adopted Expendi ture Pers onnel $118,991 Equi pment ($4,050) Contra ctua l ($47,110) Conferences $0 Fi el d Tri ps ($16,965) Textbooks $25 BOCES $0 Suppl i es ($11,653) Admi ni s tra tive $0 Debt Servi ce $0 Empl oyee Benefi ts $57,673 Res erves $0 YoY s wi ng
FY2022 Proposed Expenditures
Comments $3,649,481 Computer tea cher, contra ct ra te i ncrea s es La wn mower/vi deo COVID-19, R&M projects , i ns tructiona l Sus pended
COVID-19
New/a djus ted s i gn-ups , ra te i ncrea s es $96,911 $3,746,392
11
Voting Process Full Detail Budget/Budget Binder Posted to www.fischool.com • May 18th Budget Vote - 2:00-8:00pm Fishers Island Community Center • Voter Requirements - Citizen of the United States - Legal Resident on or before April 18, 2021 - 18 years old on or before May 18, 2021 12
Questions?
13