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2021-2022

Proposed Budget

Putnam Valley

School District

Presented by:

Dr. Jeremy Luft & Jill Figarella

May 4, 2021

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2021-22 Budget Goals

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Academics:

  • Adequately staff our buildings and support our academic program
  • Support curriculum alignment and revision work
  • Provide staff members with enriching in-district and out-of-district professional development opportunities.

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Social Emotional:

  • Support the social emotional wellbeing of all students

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Technology

  • Purchase hardware relative to the District Technology Plan inventory and replacement cycle.
  • Invest in academic software that supports or enhances our instructional program

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Finance

  • To develop a fiscally responsible budget that meets the overall needs of the district

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Health & Safety

  • Procure appropriate PPE, Cleaning supplies, Air filters, & Sanitizer

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Staffing Overview

New Positions:

  • Library Media Specialist
  • Special Education Teacher (HS) - Schedule Dependent
  • .2 FTE Elementary Innovation Lab (ENL Certification)
  • Possible addition of an ENL Certified teacher

Eliminated Positions

  • Library Clerk

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Retirements

  • Teachers-7
  • Teaching Assistants-2
  • Monitors-1
  • Bus Drivers-2
  • Office Assistants-2

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Revenue Summary……. Where the money comes from?

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Revenue Description

2019-20

2020-21

2021-22

Proposed

Local Non-Tax Resources includes Debt Service Reserve

(2.9%)

$1,700,000

$1,302,600

$1,521,000

State and Federal AId Sources

(21.9%)

$11,000,000

$11,314,314

$11,619,482

Total

$51,680,010

$51,907,863

$53,196,449

Change 2.48%

Appropriated Fund Balance & Reserves (2.4%)

$1,500,000

$1,280,000

$1,300,000

Real Property Tax Levy

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(72.8%)

$37,480,010

$38,010,949

$38,755,967

Change 1.96%

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Expenditure Summary…..Where the money goes

2021-22 Budget

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Expense

2019-20

2020-21

2021-22

Proposed

% Change

prior year

General Support

$4,501,415

$4,763,832

$4,951,759

3.94%

Instruction

$29,344,905

$29,130,107

$29,640,751

1.75%

Transportation

$2,942,402

$3,089,271

$3,226,312

4.44%

Benefits & Debt Service

$14,891,288

$14,924,653

$15,377,627

2.89%

Total

$51,680,010

$51,907,863

$53,196,449

2.48%

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Where the Money Goes…

41.6% Classroom Instruction

22.8% Employee Benefits

8.0% General Administrative Support

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6.1% Transportation

5.2% Operations/Maintenance

4.9% Support Services

2.9% Media & Tech Support

6.1% Debt Service

2.4% Co-Curricular and Athletics

77% DIRECTLY IMPACTS STUDENTS

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Putnam Valley School District

2021-22 Proposed Budget Summary

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Detailed Budget Information available here….

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pvcsd.org

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Budget & Voter communication via…...

  • Newsletter-US mail 5/11/2021
  • Channel 18 & 20 BOE meetings replayed and voter information date & time
  • Electronic signs at both the Elementary School and High School
  • Social media and all mass email communications

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8 Year Tax Rate History-taxes are lower

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2021-22 Estimated Tax Impact

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2021-2022 Proposed Tax Levy: $38,755,967

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  • 1.96% Change
  • The 2021-22 LOWER THAN THE NYS ALLOWABLE 2.10% TAX CAP
  • 10th consecutive year that Putnam Valley Schools have a tax levy that is under the allowable cap.

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The tax levy is the amount of money that the District needs to meet the demands of the budget. The tax rate is the amount of money that each household pays per $1,000 of assessed value. Individuals towns tax rates will vary, Putnam Valley, Carmel and Cortlandt according to assessments set by the local assessor and equalization rates set by NYS.

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Understanding the Tax Cap

Prior Year’s Tax Levy $38,010,949

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Allowable tax Growth Factor 30,408 1.0008

Allowable Growth (CPI) 454,975 1.23%

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Net of Capital Tax Levy 284,348 (Principal and Interest Payments Vs. Building Aid

Current year vs Next year )

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Pension Plans only if they exceed a 2% growth

Even though the growth was $167K it was not a 2% increase 0

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Putnam Valley- Allowable Tax Cap 2.10% $38,780,680

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Putnam Valley- Tax Cap 1.96% $38,755,967

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What happens if a budget is not passed on the first try?

If a school budget fails:

    • The Board may put up a revised budget before the voters again in June or adopt a contingent budget. A second budget defeat would require the adoption of a contingency budget. This means that the tax levy would revert to the prior year’s amount and Putnam Valley would have to cut $745K from the adopted budget.
    • Contingency budgets exclude any expense not tied directly to the day-to-day operations of the school district for the regular instruction of the students. The Board would be required to use its best judgement in determining the contingent budget caps.

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Voter Information

  • School Budget Vote: May 18, 2021 at the Putnam Valley Elementary School from 6 a.m.-9 p.m.
  • Board Candidates: 2 trustee seats are on the ballot
  • Absentee ballot Information:

May 11, 2021 is the last day to request an absentee ballot by mail. Only in-person requests accepted after that.

http://pvcsd.org/index.php/district/community-info/vote-absentee-ballot/

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  • For more information contact:
    • Maureen Bellino-District Clerk mbellino@pvcsd.org
    • Jill Figarella- District Treasurer jfigarella@pvcsd.org

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Or Phone (845)-528-8143

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How do we Make it Happen?

Board of Education

Administration

Teachers/Staff

Parents

Community

Students