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4Residents
to vote on $23.5 million budget
Residents of
the Fonda-Fultonville Central School District will go to the polls
on Tuesday, May 16 to vote on a proposed $23,570,017 budget for
the 2006-07 school year. This proposal represents a 5.88% increase
over last year’s budget.
The total estimated tax levy
increase is 5.34 percent.
At this point the actual tax
rates for 2006-07 can not be projected because assessment values
and equalization rates will not be finalized until July 1.
Also on May
16, voters will elect three candidates to serve on the Board of
Education. Incumbents Carole DeBonte and Joan Kark-Wren, as well
as newcomer Rodney G. Simonds are vying for three three-year terms
on the Board of Education. Voters will also decide on a resolution
to re-organize the Board of Education, and vote on allocating
$12,000 to the Frothingham Free Library in Fonda and $3,800 to the
Fort Hunter Free Library.
Click here to read more about the re-organization proposal.
Residents
will also vote on Polls are open from noon to 9 p.m. All
voters must be U.S. citizens, age 18 or older and residents of the
district for at least 30 days prior to the vote. Advanced
registration is NOT required.
Why are taxes
going up?
The largest budget increases
include:
- A $216,000 increase in
health insurance costs for employees.
An increase in health insurance costs is typical in most school
districts. Providing health insurance to employees is a
contractual obligation at Fonda-Fultonville.
- A 3 percent increase
in salaries.
Contractual negotiations with two bargaining units resulted in
this salary increase for district employees in the 2006-07
school year.
- A $300,000 rise in
natural gas prices.
Natural gas prices are rising across the U.S., and this trend is
no different in Fonda-Fultonville.
District to
continue elementary reading program despite decreases in Reading
First grant
For 2006-07, funding for the
Reading First grant – the federal program that supplements the
elementary reading program – will be reduced significantly. Over
the last few years, this program has been extremely successful in
the younger grades, which is why district officials do not want to
see it disappear even as the funding begins to dwindle. The
2006-07 school year will be the final year the district will
receive the Reading First grant.
The Reading First Program
focuses on early intervention and developmental reading in grades
K-3. Over the last few years our students have demonstrated
unprecedented results, and the data is proof of the program’s
success.
Focusing on paying for this
success, district administrators and the Board of Education are
committed to the continuation of this important program.
Therefore, for 2006-07 the district will pay the salaries
($162,000) and benefits for three reading instruction teachers and
three teacher assistants. This money will come from the general
fund budget for 2006-07.
Voters to decide on re-organization of Board of Education
Also on May 16, residents
will vote on a resolution that, if approved, will authorize a
re-organization of the Fonda-Fultonville Central School District
Board of Education.
The proposal will trim the
board from nine members to seven.
The current Board of
Education has considered this re-organization for the past two
years, and it was by resolution that the members elected to
present district voters with this proposal this year.
When coming to this
decision, the Board of Education surveyed several school district
in the HFM BOCES region. The results showed that many districts
have a seven-member board, especially in districts the size of
Fonda-Fultonville.
What happens if
voters don’t approve the 2006-07 budget?
Under state law, school
boards can submit a budget to voters a maximum of two times. If a
budget is defeated twice, the board must adopt a contingency
budget, which would put a cap on new spending. Based upon a
formula, this year’s spending cap is 4 percent. (Some exclusions –
including debt service payments – are allowed.)
If a contingency budget is
adopted, the spending plan for Fonda-Fultonville would require a
decrease of $430,032. That is because Chapter 436 of the Laws of
1997 establishes a limit on a contingent budget over the
district’s budget for the prior year.
The proposed
2006-07 school budget
|
Expenditures |
|
|
|
| |
2005-06
Budget |
2006-07
Budget |
Percent
Change |
| General Support |
$2,711,285 |
$3,150,262 |
16.19% |
| Instruction |
$11,342,962 |
$11,870,171 |
4.65% |
| Pupil Transportation |
$1,757,143 |
$1,781,493 |
1.39% |
| Employee Benefits |
$4,352,801 |
$4,567,065 |
4.92% |
| Debt Service |
$2,067,270 |
$2,138,026 |
3.43% |
| Interfund Transfers |
$30,000 |
$63,000 |
110.00% |
| Total |
$22,261,461 |
$23,570,017 |
5.88% |
| |
|
Revenues |
|
|
|
| |
2005-06
Budget |
2006-07
Budget |
Percent
Change |
| State Aid |
$13,167,917 |
$14,061,058 |
6.78% |
| Property Taxes |
$7,519,890 |
$7,921,755 |
5.34% |
| Fund Balance |
$761,000 |
$845,054 |
11.05% |
| Debt Reserve |
$84,054 |
- |
(100.00)% |
| Other |
$728,600 |
$742,150 |
1.86% |
| Total |
$22,261,461 |
$23,570,017 |
5.88% |
Required Format
School district are required to provide information in the format
below.
| |
Budget for
2005-06 |
Budget
proposed for
2006-07 |
Contingency
budget for
2006-07 |
| Total budgeted amount |
$22,261,461 |
$23,570,017 |
$23,139,985 |
| Budget increase for
2006-07 school year |
|
$1,308,556 |
$878,524 |
| Percentage increase |
|
5.88% |
3.95% |
| Consumer Price Index
increase |
|
4.00% |
-- |
| Resulting estimated
property tax levy for 2006-07 |
|
$7,921,755 |
$7,736,777 |
| |
|
Budgets are
comprised of three parts |
|
|
|
| Administrative
Component |
$2,085,992 |
$2,206,616 |
$2,141,616 |
| Program Component |
$16,358,321 |
$17,145,828 |
$16,811,572 |
| Capital Component |
$3,817,148 |
$4,217,573 |
$4,186,797 |
| Total |
$22,261,461 |
$23,570,017 |
$23,139,985 |
Basic STAR
Exemption Impact
Estimated Basic STAR Exemption savings based on a hypothetical
home within the school district with a full value of $100,000.
| |
Amended
Budget
2005-06 |
Proposed
budget
2006-07 |
| Basic STAR
tax savings |
$653 |
$687 |
| School tax
increase/decrease |
$74 |
$116 |
| Net Basic
STAR tax savings |
$632 |
$571 |
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