Monday, Apr 23rd

Last updateSun, 22 Apr 2018 1pm

You are here: Home Content Village Voices School Budget Update and Thoughts on Long Term Budget Planning
first
  
last
 
 
start
stop
Letters in Support of Pam Fuehrer for Scarsdale School Board

Letters in Support of Pam Fuehrer for Scarsdale School Board

The following letters in support of Pam Fuehrer for Scarsdale School Board were ...

School Board Approves 2018/19 Budget with Funding for Synthetic Turf and Additional Security

School Board Approves 2018/19 Budget with Funding for Synthetic Turf and Additional Security

The Board of Education approved the resolution for a $157,849,407 b...

Police Report: Firefighters Shore up Central Avenue Apartment After Car Crashed through Wall

Police Report: Firefighters Shore up Central Avenue Apartment After Car Crashed through Wall

Scarsdale firefighters who are part of Technical Rescue Squad 36 assisted in sho...

Storytellers Showcase Their Talent at the Second Annual Tales from the 'Dale and Beyond

Storytellers Showcase Their Talent at the Second Annual Tales from the 'Dale and Beyond

There are so many great tales from the ‘Dale and a host of talented...

Residents Object to Renaming PA High School for Donor Steven Schwarzman

Residents Object to Renaming PA High School for Donor Steven Schwarzman

Though Board President William Natbony insists that the method of r...

first
  
last
 
 
start
stop

School Budget Update and Thoughts on Long Term Budget Planning

budgetgraphIn response to repeated calls for a long-term financial plan for the Scarsdale School district from community groups, Superintendent Hagerman and Assistant Superintendent Mattey unveiled the first phase of a long term plan at the Board of Education meeting on 12/11/17.

Mattey explained the annual budget process and outlined the primary factors that drive the budget formulation including salaries, pension contributions, projected enrollment, anticipated revenues, debt service, health insurance costs, estimated fund balance and the state tax cap.

Taking a look at the current picture, he gave projections for 2018-19 for the district's contributions to the Teachers Retirement System (TRS) and Employees Retirement System (ERS), two expenses that have been volatile in the past. He reported that TRS, now at 9.8% of salaries is expected to go up to 10.5-11% for the 2018-19 school year, which could mean a $750,000 expense increase for Scarsdale. ERS, now at 15.1% is expected to remain flat at 15%.

He explained that mandated costs, such as water filters on district taps and fountains to mitigate lead will now cost the district $30,000 a year, and explained that these costs are sometimes difficult to predict.

budgetexpense


Overall, Mattey estimated that the 2017-18 school budget would close out at $151,169,598, which is $1.1 million or .74% over the actual 2016-17 school budget.

Expenses for 2017-18 at $154,341,066 are estimated at $6.9 million (4.72%) more than the 2016-17 expenses of $147,380,706. Much of this increase is due to salaries and benefits which went up when the district added new personnel last year.

fundbalance2The district will end the year with a $3,171,468 million decrease in the fund balance from $23,422,731 in June, 2017 to $20,251,263 in June, 2018. Contributing to this decrease is $2.8 million that was used to fund shortfalls from the 2014 facilities work. The district had $1.29 million in tax settlements from the tax certiorari reserve and health insurance costs are expected to be $700,000 higher than last year.

Still unknown are energy costs, which are driven by winter weather. Mattey anticipated that heating costs will also rise due to expanded facilities at the high school.

The district expects to use $1.1 million of this fund balance towards next year's budget. That would leave the district with 3.57% in reserves. The state allows the district to hold a maximum of 4% of the budget in a fund balance.
fundbalance

 

 

The board was provided with historical data dating back to 2011, showing enrollment, tax cap rates, revenues and expenses. Mattey cautioned that the historical and trend data was not a reliable source of budget estimates for the future, but good information to consider. He said that some of the numbers are volatile and difficult to predict. Pension contributions, health insurance, utilities and the state tax cap are outside the district's control and therefore variable and unpredictable.

Mattey asked the Board to help project some of these factors in order to build a long-term plan.

Scott Silberfein asked how accurate the demographers are in estimating future enrollments. Bill Natbony asked if there were educational initiatives or new programs that the administration would like the board to consider.

Dr. Hagerman responded saying, "We're in a time of transition; Lynne Shain has announced her retirement –- that means will have a new curriculum person come in.... We have new spaces that will present opportunities. We talk about 21st century classrooms.... So we need to think about the future in terms of programming and space usage. Are we going to have answers to all of those questions by February 15? I am skeptical. There has to be elasticity that allows us to make changes each year. We have added a significant number of people over the last few years, so we won't have a big wish list this year. And we know we're at the top of our tax levy with the presentation tonight."

Lee Maude and Art Rublin asked Mattey to do two versions of the projection –including a base or optimistic case and a downsize case. Chris Morin suggested that the district employ forecasting tools used by other Westchester-Putnam districts and also form a budget planning committee to assist with finances and forecasting. Morin thought the administration should focus on long-term facilities planning, an area where the district has knowledge, data and control.

The timeline calls for further discussion of the trend analysis and budget parameters at upcoming meetings.

Art Rublin called for the administration to allow time for the community to comment on the proposed budget early on. Scott Silberfein asked that community members be given the opportunity to comment early at meetings so that they don't have to stay until 10 or 11 pm to speak.

Dr. Hagerman commented, "We understand our tax levy amount. We don't anticipate having a lot of FTE (full time employee) recommendations – and those were time consuming.... It's not going to be a complete rollover of the budget, but I don't think there is going to be a lot that will be a surprise to the board. We're not going to ask for what we don't need."

Watch the budgeting discussion here

BLOG COMMENTS POWERED BY DISQUS

Good Work

SETTING

STEAM Day 2018

STEAM Day 2018

STEAM Day at Scarsdale High School is on for Saturday April 21 from 11 am to 4 pm. The event is open to the public and it’s a special opp...

Readmore

Around Town

SETTING

Thorough Nominating Committee Process Yields Two Excellent School Board Candidates

Thorough Nominating Committee Process Yields Two Excellent School Board Candidates

This statement was sent to Scarsdale10583 by Elizabeth M. Guggenheimer, 2018 SBNC Chair
As the 2018 School Board Nominating Committee (SBN...

Readmore

Neighborhood News

SETTING

Why I Applied for the Nomination to the SBNC for Board of Education and Still Want to Serve

Why I Applied for the Nomination to the SBNC for Board of Education and Still Want to Serve

This letter was sent to Scarsdale10583 by school board candidate Woodrow W. Crouch, PE

I was nominated to the slate for the Board of Educa...

Readmore

On Our Minds

SETTING

Earth Day Giveaway: Free Food Scrap Compost on April 21

Earth Day Giveaway: Free Food Scrap Compost on April 21

To celebrate Earth Day on Saturday, April 21, 2018, the Village of Scarsdale is making high quality food scrap compost available to all r...

Readmore

On Our Radar

SETTING

Residents Object to Renaming PA High School for Donor Steven Schwarzman

Residents Object to Renaming PA High School for Donor Steven Schwarzman

Though Board President William Natbony insists that the method of recognizing donors to the Scarsdale Schools is at the sole discretion o...

Readmore

Parenting

SETTING

Scarsdale’s Raiders Baseball Team Off to a Strong Start

Scarsdale’s Raiders Baseball Team Off to a Strong Start

Coming off a surprising run to the Section I semifinals last season, expectations were high for the Raiders heading into the season despi...

Readmore

Village Voices

SETTING

Wear Denim on April 25 to Raise Awareness about Sexual Violence

Wear Denim on April 25 to Raise Awareness about Sexual Violence

The Scarsdale Coalition on Family Violence and Healthy Relationships is again encouraging community members, elected officials, businesse...

Readmore

Shout it Out

SETTING

Andrew Weber to Speak on Countering Weapons of Mass Destruction at League Luncheon

Andrew Weber to Speak on Countering Weapons of Mass Destruction at League Luncheon

Andrew C. "Andy" Weber, a 1978 graduate of Scarsdale High School, will speak about "Countering Weapons of Mass Destruction" at the Scarsd...

Readmore

School News

SETTING

Music Notes; Music Program Wins Award and Cuk Conducts Final Concert

Music Notes; Music Program Wins Award and Cuk Conducts Final Concert

John Cuk conducted his last choral concert on Tuesday April 17 This week, Craig Sherman District-wide Coordinator of Music and Performing ...

Readmore

Schools

SETTING

School Board Approves 2018/19 Budget with Funding for Synthetic Turf and Additional Security

School Board Approves 2018/19 Budget with Funding for Synthetic Turf and Additional Security

The Board of Education approved the resolution for a $157,849,407 budget for the 2018/2019 school year at their April 16 meeting with six...

Readmore

The Goods

SETTING

LWVS To Hold Candidates Forum April 30 for Contested School Board Election

LWVS To Hold Candidates Forum April 30 for Contested School Board Election

The League of Women Voters of Scarsdale encourages informed and active participation of Scarsdale citizens in our local government and el...

Readmore

Real Estate

SETTING

Disappointing First Quarter Homes Sales for 2018

Disappointing First Quarter Homes Sales for 2018

Home sales for 2018 are off to a slow start in Scarsdale, while Edgemont appears to be holding its own. For the first quarter of 2018 the...

Readmore

Today's News

SETTING

Police Report: Audi Windshield Damaged with Bullet Holes found on Bell Road

Police Report: Audi Windshield Damaged with Bullet Holes found on Bell Road

On April 8, around 9:30 p.m., a caller reported an Audi S4 with damage to the windshield, parked near the intersection of Bell and Spragu...

Readmore

Arts and Entertainment

SETTING

The Sun Shines on the SHS Carnival

The Sun Shines on the SHS Carnival

An annual rite of spring, the Scarsdale High School carnival took place Friday, April 13th and Saturday, April 14th. The weekend’s beauti...

Readmore

People

SETTING

Storytellers Showcase Their Talent at the Second Annual Tales from the 'Dale and Beyond

Storytellers Showcase Their Talent at the Second Annual Tales from the 'Dale and Beyond

There are so many great tales from the ‘Dale and a host of talented community members to tell them. The second annual night of storytelli...

Readmore

first
  
last
 
 
start
stop

Programs for Scarsdale Kids