SOUTH HUNTINGTON SCHOOL DISTRICT
PUBLIC HEARING OF BUDGET
2024-2025
BOARD OF EDUCATION MEETING
MAY 7, 2024
THE BUDGET PROCESS
It started with an examination of roll-forward spending costs as well as programmatic and operational needs to determine expenditures for the upcoming school year.
We simultaneously reviewed all potential revenue sources, including both the Tax Levy as well as State Aid.
KEY BUDGET HIGHLIGHTS
REVIEW OF BUDGETED REVENUE EXPECTATIONS
2024/25
Total Revenue: $ 217,524,666
�For 2024/25, the District has budgeted approximately $1,255,200. It is the intention at this time to purchase six vans, and four 66-passenger buses. This is part of the district’s ongoing plan to upgrade our bus fleet.��
TRANSPORTATION
FACILITIES PLANNING FOR 2024/25
Based upon the proposed State Aid, the district is currently planning to allocate approximately $1,200,000 for buildings and grounds maintenance as well as $4,000,000 in “Transfer to Capital” for Capital improvement projects.
Potential Capital Projects include:
WWHS:
-North Boilers (Transfer to Capital portion) - $ 894,582
-Science Room Renovations - $980,418
-South Cafeteria Renovations - $200,000
SILAS WOOD:
-Door Replacement - $350,000
-Ground Repairs - $100,000
-Gym Floor Resurfacing - $25,000
FACILITIES PLANNING FOR 2024/25
STIMSON MIDDLE SCHOOL
-Breezeway - $200,000
-Gym Floor Replacement - $150,000
MEMORIAL
-Sump Repair & Restoration at Memorial - $350,000
-Scoreboards at Memorial Field - $150,000
-Removal of Tennis Courts at Memorial - $250,000
-Bathrooms and general allocations - $350,000
AN OVERVIEW OF THE BUDGET
2.4% Tax Levy Increase
Savings to the taxpayer of over $1.2 million versus the max allowable levy of 3.42%
Total Budget of $217,524,666
(Budget to Budget Increase of 4.04%)
Budget/Expenditure with State Aid Projections
| 2024/2025 | 2023/2024 | $ CHANGE | % CHANGE |
| | | | |
TAXATION (LEVY) | $ 126,629,190 | $ 123,659,569 | $ 2,969,621 | 2.40% |
STATE AID | $ 75,805,315 | $ 70,459,160 | $ 5,346,155 | 7.59% |
OTHER | $ 10,788,000 | $ 9,980,000 | $ 808,000 | 8.10% |
TOTAL REVENUES | $ 213,222,505 | $ 204,098,729 | $ 9,123,776 | 4.47% |
| | | | |
RESERVE USE: | | | | |
ERS | $ - | $ 323,156 | $ (323,156) | (100.00%) |
TRS | $ - | $ - | $ - | 0.00% |
WORKERS COMP. | $ - | $ 26,844 | $ (26,844) | (100.00%) |
EBALR | $ 1,512,161 | $ 1,630,000 | $ (117,839) | (7.23%) |
TOTAL RESERVES | $ 1,512,161 | $ 1,980,000 | $ (467,839) | (23.63%) |
| | | | |
APPR. FUND BALANCE | $ 2,790,000 | $ 2,990,000 | $ (200,000) | (6.69%) |
| | | | |
TOT. REV. + RESERVES + FUND BALANCE | $ 217,524,666 | $ 209,068,729 | $ 8,455,937 | 4.04% |
| | | | |
EXPENDITURES | $ 217,524,666 | $ 209,068,729 | $ 8,455,937 | 4.04% |
PROPOSITION # 2: �(Budget is the 1st Proposition)
Shall the Board of Education of the South Huntington Union Free School District be authorized to undertake capital improvements at the Walt Whitman High School for the replacement of the North Boilers including all labor, materials, equipment, apparatus and incidental cost related thereto and any costs associated therewith to be paid from the proceeds of the sale of real property located at Central Field and 2 Melville Road, Huntington Station, New York in an amount not to exceed $2,545,400.00 in lieu of the deconstruction of elementary portable classrooms and the construction of elementary Library/Media-STREAM Centers as previously authorized by the voters at the Annual Budget Vote and Election held on May 17, 2022?
GOALS FOR 2024/25
BUDGET VOTE
May 21, 2024
BUDGET/REFERENDUM VOTE & BOARD OF EDUCATION ELECTION
Walt Whitman High School, 2pm - 9pm
Board of Education Meeting - Walt Whitman High School 7:30 pm