The meeting focused on the elements that make up the proposed budget which include employee salaries, benefits, materials, supplies, textbooks and equipment, BOCES services and tuition, debt service and interfund transfers and contractual services and utilities. Other elements include PILOTs (Payments in Lieu of Taxes), tuition fees and income, applied reserves /fund balance, State Aid and property taxes. The 2014-15 proposed budget number is $102,731,007.
The biggest portion of the proposed budget is in the area of employee salaries, with 52.98 percent making up a slice of the pie. Employee benefits also take up a large portion of the budget with 27.56 percent.
The 2014-15 proposed budget figure of $102,731,007 is slightly higher than the 2013-14 budget of $102,065,212. It is a .65 percent increase with a change of $665,795.
The biggest year-to-year increase in the budget was in the area of total revenues with a change of $735,522 from 2013-14 to 2014-15. Total revenues in 2013-14 were $8,364,330 compared with $9,099,852 in 2014-15.
The second biggest budget change was in the PILOTs with a year-to-year increase of $346,804. The PILOTs figure in 2013-14 was $2,881,171 compared with $3,227,795 in 2014-15.
The smallest budget increase was for State Aid, with a slight increase of $18,718 from $4,333,159 in 2013-14 to $4,351,877 in 2014-15.
The 2014-15 tax levy saw an increase of .64 percent from 2013-14 to 2014-15 from $91,050,882 to $91,631,155. It was a change of $580,273.
The budget vote, board election and bond referendum, along with the Bryant Library budget vote will be held on Tuesday, May 20 at Roslyn High School, with voting taking place from 7 a.m. to 9 p.m.