Commack School District Proposed Budget

2014-2015 School YearBy Alison Offerman-Celentano

and Sharon Hayes

Expenses

Major Cost Drivers

2013-2014

2014-2015 Percent Increase

Salary $90,311,753

$92,871,591

2.83%

Health Insurance

$20,037,699

$21,640,715

8.00%

Pensions $15,721,284

$18,554,807

18.02%

Total $106,033,037

$111,426,397

5.09%

Salaries by Bargaining UnitBargaining Units

2013-2014 2014-2015 Percent Increase

Teachers $62,991,122 $64,880,856 3.00%

Central Administration

$1,751,573 $1,804,120 3.00%

Building/District Administration

$4,459,206 $4,570,686 2.50%

Facilities $7,558,538 $7,785,294 3.00%

Clerical $3,815,585 $3,930,053 3.00%

Aides/Teaching Assistants

$5,018,239 $5,068,421 1.00%

Other $3,626,836 $3,741,506 3.16%

Total $90,311,753 $92,871,591 2.83%

PensionsPension Funds

2013-2014 2014-2015 Percent Increase

Teachers Retirement System

$12,125,123 $14,210,644 17.20%

Employee Retirement System

$3,596,161 $4,344,162 20.80%

Total $15,721,284 $18,554,807 18.02%

Revenue2013-2014 2014-2015 Percent

Increase

Property Tax Levy

$129,856,718 $133,752,420 3.00%

State Aid $35,508,328 $36,520,315 2.85%

Appropriated Fund Balance

$6,800,800 $6,800,000 0.00%

Reserves $2,850,000 $3,215,000 12.80%

Other $4,371,875 $4,371,875 0.00%

Total $179,386,921 $184,659,610 2.94%

Reductions in Staff2013-2014 School Year

Reductions in Staff 2013-2014 2014-2015

Custodial Staff 5.0 FTE

Clerical 4.0 FTE

Mental Health Professional

0.4 FTE

Nurses 2.0 FTE

Reduction of Science Lab Aide Support

1.0 FTE

Librarian 1.0 FTE 1.0 FTE

Teachers 18.64 FTE 1.0 FTE

Elementary Lead Teacher

0.4 FTE

Administrator 1.0 FTE

Total 32.44 FTE 2.0 FTE

Events that impacted the 2013-2014 School Budget

Dramatic Increase in Employee Benefit Costs - $5.7 million/18.64%

Debt Service Increase - 8.62% Decreased Enrollment (18.64 FTE

reduction in Teaching Staff) Decreased Revenue due to a drop in state

aid Tax Levy Cap Legislation Elimination of Federal Jobs Restoration

Aid

2014-2015 Budget

Proposal

Tax Cap

The 2% tax cap for the 2013-2014 school year was 4.73%

The district adopted a tax levy increase of 2.91% for the 2013-2014 school year

Due to projected reductions in CPI for the 2014-2015 school year, we are conservatively projecting that the 2% tax cap will be approximately 3%tax levy increase.

Revenue vs. Expenses

2014-2015

Expenses $184,780,281

Revenue $184,659,610

Shortfall ($ 120,671)

Proposed Cuts Due to decreased enrollment and

efficienciesPosition FTE Cost Savings

Teacher 1.0 $65,000

Librarian 1.0 $65,000

Total 1.0 $130,000