HALF HOLLOW HILLS SCHOOL DISTRICT of Huntington and Babylon
2014-15 Proposed Budget Special Budget Meeting – Thursday, April 3, 2014
Items for Discussion State Aid
Property Tax Levy
Total Revenue Update
Potential Budget Additions
2014-15 Proposed Budget – Special Budget Meeting: April 3, 2014
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Items for Discussion State Aid
Property Tax Levy
Total Revenue Update
Potential Budget Additions
2014-15 Proposed Budget – Special Budget Meeting: April 3, 2014
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State Aid – The Reality
HHH 2014-15 Anticipated State Aid $27,314,471
$933,404 more than the Governor’s Proposal
$1,360,240 more than the State Aid anticipated for 2013-14
2014-15 Proposed Budget – Special Budget Meeting: April 3, 2014
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The Newsday total aid figure for HHH does not take into account the automatic State Aid chargeback for the education of certain students, but it should
2014-15 Proposed Budget – Special Budget Meeting: April 3, 2014
Universal Pre-K
The Newsday total aid figure for HHH excludes building aid, but it shouldn’t
State Aid Charge-Back
Building Aid
State Aid – What Newsday Reports The Newsday total aid figure for HHH includes the Universal Pre-Kindergarten grant, but it shouldn’t
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State Aid – What Newsday Reports What Newsday reported for HHH
$23,209,723
Adjust for Building Aid
plus $4,843,493
Adjust for automatic State Aid Charge-Back
minus $150,000
Adjust for Universal PreKindergarten grant
minus $588,745
2014-15 Proposed Budget – Special Budget Meeting: April 3, 2014
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Items for Discussion State Aid
Property Tax Levy
Total Revenue Update
Potential Budget Additions
2014-15 Proposed Budget – Special Budget Meeting: April 3, 2014
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Property Tax Levy March 1, 2014: 2.42% Property Tax Levy Increase
Tax Levy Reduction of approximately $150,000 due to an increase in the Building Aid category of State Aid
April 2, 2014: 2.34% Property Tax Levy Increase 2014-15 Proposed Budget – Special Budget Meeting: April 3, 2014
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Property Tax Levy “Cap” Formula
The spot in the formula where the change took place
2014-15 Proposed Budget – Special Budget Meeting: April 3, 2014
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Items for Discussion State Aid
Property Tax Levy
Total Revenue Update
Potential Budget Additions
2014-15 Proposed Budget – Special Budget Meeting: April 3, 2014
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Total Revenue Update • Total expenses must equal total revenue • Main sources of revenue:
Property taxes State aid Fund Balance/Reserves PILOTs/Miscellaneous* FEMA reimbursement**
Appropriated Fund Balance & Use of Reserves 4.05%
PILOTs and Miscellaneous* 2.14%
Potential FEMA Reimbursement 0.17%
State Aid 11.66%
Property Tax Levy 81.98%
* "Miscellaneous" includes interest income, health service and tuition payments from other school districts, prior year refunds, use of facilities’ charges and drivers’ and continuing education fees.
** One-time only; Potential – not yet approved by FEMA
2014-15 Proposed Budget – Special Budget Meeting: April 3, 2014
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Items for Discussion State Aid
Property Tax Levy
Total Revenue Update
Potential Budget Additions
2014-15 Proposed Budget – Special Budget Meeting: April 3, 2014
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Potential Budget Additions • 2.0 FTE at the secondary level to allow scheduling flexibility for students • 1.0 FTE at the elementary level to allow for lower class sizes • Instructional technology: Additional interactive white boards/wiring Expedited instructional technology refresh/replacements
• Robotics program • Curriculum development • Health Office paraprofessional at High School East due to enrollment levels • Athletic SBAs • Intramurals 2014-15 Proposed Budget – Special Budget Meeting: April 3, 2014
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