4% 12% 2% 1% 81%
1 2
3
2017-18 and 2018-19 data points are estimated
Suffolk County IDA Projection Suffolk County IDA Actual
Millions
12 USE OF RESERVES
APPROPRIATED FUND BALANCE
10
8
6
4
2
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
2018-19
Interest Income Drivers’ Education and Aquatics programs Both run as “self- sustaining” programs
Adult Education program and Misc. fees
Use of facility charges
Examples of Miscellaneous Revenues
{$3.1 million}
Prior year refunds (BOCES & CPSE)
Health services and foster tuition receivables
Includes revenue generated from current and anticipated lease agreements for closed buildings
13 Salary & benefits
teachers
19 Total # retirees
$1.2 million total savings
3
admins
3 support staff
NYS TRS
NYS ERS
Mandatory for teachers & administrators
Offered to noncertificated employees
Contribution rate = % of salary
Contribution rate = % of salary
Tier determines benefits
Tier determines benefits
One rate set each year
Rates set by tier yearly
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.