2018-19 est
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%
Blue bar represents actual kindergarten registrations as of March 19, 2018
600
500
491 466
443
461
448 448
418
428
415
407
2016-17
2017-18
447 403
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
600
Assumes the four-year average of 50 more students between last week of February and first week of October.
500
400
43
64
380
368
2014-15
2015-16
43 49
50
355
358
2017-18
2018-19
300
200
399
100
0
as of last week of Feb
2016-17
additional students thru first week of Oct
1,000 900
889 880 832 833
832 815
852 856
Blue bar is estimated and represents 2017-18 school year 11th graders
865 870
783
800
737 729
700
692
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
2018-19 figures estimated
2014-15
2015-16
2016-17
2017-18
2018-19
14,000
12,000
10,000
8,000
6,000
4,000
2,000
-
EMPLOYEES: 77.6%
Salaries (52.7%)
CONTRACTED ITEMS: 19.6% BOCES (4.1%)
GENERAL ITEMS: 2.8%
Other Contractual (10.1%)
Benefits (24.9%)
Debt Service, Capital, Special Aid (5.4%)
Equipment (0.8%)
Textbooks (0.4%)
Consumables (1.6%)
FUNCTION
OBJECT
LOCATION
• First set of digits of budget code • Consists of four digits • Identifies the functional unit served by an expenditure • Second set of digits of budget code • Consists of three digits • Identifies the object or service purchased • Third set of digits of budget code • Consists of two digits • Identifies the building or other area for 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: $150,000 General Fund contribution to keep the school lunch program sustainable
To Special Aid Fund: $782,000 Local share of running an IEP-mandated special education summer school program
To Debt Service Fund: $7.5 million
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 2017-18
2018-19
2019-20
2020-21
2021-22
2022-23
2023-24
2024-25
2025-26
2026-27
Meet varying busing needs for all students
One year extension of agreement with bus contractor
Purchase of four new full size gasoline buses
Additional interior and rear vision bus cameras and radio repeater
Continuation‌
State Budget
Community Outreach
Budget Vote
2018-19 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 2018-19
PTA will host one morning and one evening session at which Central Office Administrators will present the 2018-19 budget.
The third Tuesday in May represents the uniform vote day for school district budgets and Board of Education trustee elections.
March 19, 2018 March - May 2018
May 7, 2018
April 16, 2018 April 1, 2018
May 15, 2018
May 2018 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 2018-19 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 2018-19 proposed budget.