2019-20 est.
2018-19
2017-18
2016-17
2015-16
2014-15
2013-14
2012-13
2011-12
2010-11
2009-10
2008-09
2007-08
2006-07
2005-06
2004-05
2003-04
2002-03
2001-02
2000-01
1999-00
1998-99
1997-98
1996-97
1995-96
1994-95
1993-94
11%
10%
9%
8%
7%
6%
5%
4%
3%
2%
1%
0%
600
500
491
466
443
461
448 448
418
428
415
407
2016-17
2017-18
447
467 409
409
2019-20
2020-21
400
300
200
100
0 2013-14
2014-15
2015-16
Demographic projection
2018-19
Actual as of 9/30
Assumes the five-year average of 77 more students between last week of February and October 1st.
600
500 77 400
63
80
380
368
2014-15
2015-16
62 73
109
300
200
399
416 355
358
2017-18
2018-19
100
0 2016-17
as of last week of Feb
additional students thru October 1st
2019-20
1,000 900
889 880 832 833
832 815
852 856
865 870
800
737
783
762 692
700 600 500 400 300 200 100 0 2013-14
2014-15
2015-16
2016-17
Demographic projection
2017-18
2018-19
Actual as of 9/30
2019-20
2020-21
1,000 900 800 700 600 500 400 300
200 100 0 2013-14
2014-15
2019-20 figures estimated
2015-16
2016-17
2017-18
2018-19
2019-20
14,000
12,000
10,000
8,000
6,000
4,000
2,000
-
EMPLOYEES: 77.4%
Salaries (53.2%)
CONTRACTED ITEMS: 19.9% BOCES (4.1%)
GENERAL ITEMS: 2.7%
Other Contractual (10.1%)
Benefits (24.2%)
Debt Service, Capital, Special Aid (5.7%)
Equipment (0.8%)
Textbooks (0.3%)
Consumables (1.6%)
FUNCTION
OBJECT
LOCATION
FUNCTION
OBJECT
LOCATION
• Second Thirdset First setset ofofdigits of digits digits ofofbudget of budget budget code code code • Consists of two four digits three digits digits • Identifies the building functional object ororservice unit other served area for by an expenditure purchased which an expenditure is made
for Otsego
Salaries
General Education
400
93 2110
1310 1910
24
200
480
490
53 100
62
52
500 2122
1620
2250 00
5510 90
800
District-Wide
BOCES
Special Education
400
93 2110
1310 1910
24
200
480
490
53 100
62
52
500 2122
1620
2250 00
5510 90
800
93
400
2110
Music
1310 1910
24
200
480
490
High Schools
Equipment
53 100
62
52
500 2122
1620
2250 00
5510 90
800
93
Custodial
400
2110
1310 1910
24
200
480
490
for HS West
Supplies
53 100
62
52
500 2122
1620
2250 00
5510 90
800
1 2 3 4 5
1
1 2
1 2 3
1 2 3 4
1 2 3 4 5
• Transfers to other funds: To School Lunch Fund: $175,000 General Fund contribution to keep the school lunch program financially sustainable
To Special Aid Fund: $860,000 Local share of running an IEP-mandated special education summer school program
To Debt Service Fund: $8.4 million School District prior borrowing for capital projects Now includes Community Library bond debt
Short-Term Borrowing
Long-Term Borrowing
Short-Term Borrowing
Short-Term Borrowing
Short-Term Borrowing
Short-Term Borrowing
Short-Term Borrowing
Long-Term Borrowing
Short-Term Borrowing
Long-Term Borrowing
Short-Term Borrowing
Long-Term Borrowing
Short-Term Borrowing
Long-Term Borrowing
Short-Term Borrowing
Long-Term Borrowing
8,000,000
Outstanding principal and interest on longterm borrowing
7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000
1,000,000 0 2018-19
2019-20
2020-21
2021-22
2022-23
2023-24
2024-25
2025-26
2026-27
Outstanding principal and interest on long-term borrowing
1,200,000 1,100,000 1,000,000 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0
2018-19
2020-21
2022-23
2024-25
2026-27
2028-29
2030-31
2032-33
2034-35
2036-37
9,000,000
Total Debt for School District AND Library
8,000,000 7,000,000 6,000,000 5,000,000
4,000,000 3,000,000 2,000,000 1,000,000 0
2018-19
2020-21
2022-23
2024-25
2026-27
2028-29
2030-31
2032-33
2034-35
2036-37
New bus locator downloadable phone app for parents Meet varying busing needs for all students
Purchase of five new 72 passenger gasoline buses
Automation/ streamlining of transportation components for field trips
Continuation‌
State Budget
Community Outreach
Budget Vote
2019-20 school year budget development work continues with the finalization of all revenues and expenditures.
Anticipated release of the State budget which would shed light on the final anticipated level of State Aid to be received by HHH for 2019-20.
PTA expected to host information session(s) at which Central Office Administrators will present the 2019-20 proposed budget.
The third Tuesday in May represents the uniform vote day for school district budgets and Board of Education trustee elections.
March 18, 2019 March - May 2019
May 13, 2019
April 15, 2019 April 1, 2019
May 21, 2019
May 2019 AM/PM
Budget Presentation
Budget Adoption
Budget Hearing
Second Board of Education budget presentation to be held at Fran Greenspan Administration Center.
As required by law, Board of Education must adopt the proposed 2019-20 budget before it can be presented to residents for a vote.
As required by law, approximately one week before the budget vote, a presentation will be provided at a Board Meeting to share a summary of the 2019-20 proposed budget.