“Where the wave of knowledge begins”
2017-18 Budget Overview
Prepared for
Oswayo Valley School District Board of Directors
Dr. Michele S. Hartzell, Superintendent Mrs. Jackie Fosmer, Business Manager Mrs. Christi Stedman, Administrative Assistant
Mission: “Inspiring, developing, and empowering life-long learners to enrich the world”
Vision: “The Oswayo Valley School District will continue to be recognized as a top small rural school district in Pennsylvania”
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Table of Contents
Budget Summary For 2017-2018 Pg. 1
Budget Overview Pg. 2
General Fund Revenue Pg. 3
Local Revenue Pg. 4
State Revenue Pg. 5
Federal Revenue Pg. 6
General Fund Expenditures Pg. 7
1110 - General Education Pg. 8
1210 - Special Education Pg. 9
1300 - Vocational Education Pg. 10
1400 - Other Instructional Programs Pg. 11
2120 - Guidance Services Pg. 12
2200 - Audio Visual Pg. 12
2240 -Technology Pg. 13
2250 - Library Pg. 13
2310 - Board Services Pg. 14
2350 - Legal Services Pg. 14
2360 - Superintendent Office Pg. 15
2380 - Principal’s Office Pg. 15
2411- Heath Services Pg. 16
2450 - Non-Public Health Services Pg. 16
2511 - Business Office Pg. 17
2611 - Operation Maintenance Pg. 17
2720 - Transportation Pg. 18
2750 - Non-Public Transportation Budget Pg. 18
2900 - IU9 Operation Budget Pg. 19
3200 - Student Activities Pg. 19
3330 - Community Services Pg. 19
5210 – Budgetary Reserves Pg. 20
5240 - Debt Service Pg. 20
Budget
Summary for 2017-2018
2016-2017 2017-2018
FINAL FINAL INCREASE / PERCENT
BUDGET BUDGET (DECREASE) CHANGE
REVENUES
Current Real Estate Taxes $1,800,900 $1,844,898 $43,998 2.00%
Delinquent Real Estate Taxes $192,000 $180,000 $(12,000) -6.00%
Earned Income Taxes $180,000 $180,000 .00%
Other Taxes $75,000 $80,000 $5,000 6.00%
Interest Earnings $2,000 $2,500 $500 25.00%
Other Local Revenue
$168,000 $105,000
$(63,000) -37.00%
State Subsidies $5,157,627 $5,439,693 $282,066 5.00%
Federal Subsidies $240,000 $233,000 $(7,000) -2.00%
$7,815,527 $8,065,091 $249,564 3.00%
EXPENDITURES
Salaries
$3,019,822
$3,049,802 $29,980 0.10%
Group Insurance $747,267 $621,613 $(125,654) -16.8%
Payroll Taxes $217,666 $221,454 $3,788 1.7%
Retirement $850,676 $925,308 $74,632 8.7%
Tuition Reimbursement $15,000 $15,000 0 0.0%
Other Employee Benefit $54,851 $114,585 $59,734 109.00%
Purchased Services $203,000 $175,326 $(27,674) -13.6%
Utilities $233,070 $189,473 $(43,597) -18.7%
Transportation $572,454 $574,700 $2,246 0.3%
Insurance $59,700 $59,700 $ 0 .0%
Communications $26,500 $19,500 $(7,000) -3.00%
Advertising $4,000 $5,000 $1,000 25.0%
Tuition $290,240 $295,000 $4,760 1.6%
Travel $17,000 $25,145 $8,145 47.9%
IU Special Education $695,000 $702,806 $7,806 1.1%
Supplies $239,573 $371,211 $131,638 -54.9%
Other Objects $144,957 $127,476 $(17,481) -12.0%
Equipment $54,430 $70,416 $15,986 29.3%
Debt Service $500,000 $582,000 $82,000 14.0%
Transfer to Cafeteria Fund 0 $35,000 $35,000 100.0%
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Budget Overview for 2017-18
Revenues
Revenues in the 2017-18 budget total $8,065,091. This is an increase of $249,564 or 3% percent of last year’s budget. The follow charts summarize the major revenue variances from the 2016-17 budget:
MAJOR REVENUE INCREASES
State Subsidy
• District’s state subsidy increase $282,066
Real Estate Taxes
• Proposed tax increase of less than 1% $43,998
Expenditures
Expenditures in the 2017-18 budget total $8,180,515. This is an increase of $235,309 or 2.9% percent of last year’s budget. The follow charts summarize the major expenditure variances from the 2016-17 budget:
MAJOR EXPENDITURE INCREASES
Retirement Contribution
• Contribution increased from 30.03% of payroll to 32.57%
$74,632
Cost Increases
• Increase in cost of supplies and equipment replacement -
$147,624
General Fund Revenue Sources
$8,065,091
The Oswayo Valley School District receives revenue from a variety of sources, including local, state, federal, and other financing sources. The following pages provide a breakdown of each funding source.
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Local Revenue Sources
$2,392,398
Local revenue is the second largest revenue source for Oswayo Valley School District. The largest portion of local revenue is derived from taxes on real estate property and earned income.
LOCAL SOURCE 16/17 17/18
Budget Budget
Property Tax 1,792,000 1,839,998
PURTA Tax 8,900 4,900
Earned Income 180,000 180,000
Transfer Tax 0 0
Delinquent Tax 192,000 185,000
Occupation Tax 75,000 75,000
Interest Income 4,000 2,500
Rentals 0 0
Tuition 0 0
Carryover 0
State Rev From Other 80,000 75,000
Federal Rev From Other 0
Miscellaneous 86,000 30,000
General Fund Transfers 0
SUB TOTAL 2,417,900 2,392,398
State Revenue Sources
$5,439,693
Money from state revenue sources represents the largest portion of Oswayo Valley School District’s revenues. State revenues are estimated using the governor’s proposed budget.
STATE SOURCES 16/17 17/18
Budget Budget
Basic Ed Subsidy 3,592,785 3,709,851
Charter School 0 0
Transportation 275,000 350,000
Rental & Sinking Fund 200,000 210,000
Nurses Service 0 0
Special Ed 393,800 338,800
Other Grants 52,008 147,000
Soc Security 145,000 145,000
Retirement 365,000 405,000
Property Tax Reduction 134,034 134,034
SUB TOTAL 5,157,627 5,439,693
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Federal Revenue Sources
$233,000
Federal revenues comprise the smallest portion of total dollars available to fund educational operations in the Oswayo Valley School District. Grants from the federal government provide funding for instructional services for specific student populations in need of additional instruction and/or remedial services.
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FEDERAL SOURCES 16/17 17/18
Budget Budget
Title I 175,000 169,000
Title II 35,000 34,000
Drug Free 0 0
ARRA 0 0
I.D.E.A. 30,000 30,000
Medical ACCESS 0 0
SUB TOTAL 240,000 233,000
GENERAL FUND EXPENDITURES
$8,150,516
Introduction
The information that follows will provide an explanation of budget activity in each budget category for the 2017-18 fiscal year. The chart below shows a breakdown of expenditures by dollar amount and by percentages.
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1110: Regular Education
The 1110 (including1190) account represents regular education expenses for PK-12 instructional programming.
Regular Education Budget
1110 REGULAR ED. 16/17 17/18
Budget Budget
Salaries 1,787,048 1,873,662
Benefits 1,134,552 1,217,903
Professional Service 10,000 8,700
Property Service 0 0
Other Service 131,540 123,500
Supplies 98,508 177,883
Property 4,000 4,000
Other Objects
1110 SUB TOTAL 3,165,648 3,406,702
1210: Special Education
The 1210 account represents special education expenses for K-12 instructional programming. The account includes expenses for special and gifted education students.
Special Education Budget
1210 SPEC ED 16/17 17/18
Budget Budget
Salaries 45,743 0
Benefits 17,672 0
Professional Service 640,000 623,782
1210 SUB TOTAL 703,415 623,782
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1300: Vocational Education
The 1300 account represents those areas classified as vocational education, including: 1341: Family and Consumer Science, 1350: Technology Education, and 1360: Business Education. This category also includes the 1390 account that represents the tuition Oswayo Valley School District pays to Career and Technical School (ECTS) for instructional services provided to students.
Vocational Education Budget
1341 FAMILY &
CONSUMER SCIENCES
16/17 17/18 Budget Budget
Salaries 48,587 55,349
Benefits 21,719 21,494
Professional Service 0 0
Property Service 0 0
Supplies 6,600 4,997
Property 0 0
1341 SUB TOTAL 76,906 81,840
1350 IND ARTS 16/17 17/18
Budget Budget
Salaries 55,742 58,874
Benefits 42,875 39,590
Property Service 0 0
Other Service 0 0
Supplies 5,000 10,840
Property 5,000 0
1350 SUB TOTAL 108,617 109,304
1360 BUSINESS ED 16/17
Budget
17/18 Budget
Salaries 41,256 0
Benefits 32,257 0
Other Service 0 0
Supplies 0 6,401
1360 SUB TOTAL 72,965 6,401
1390 TUITION TO VO-TECH
16/17 Budget
17/18 Budget
Other Service 109,700 110,000
1400: Other Instructional Programs
Other Instructional Programs comprise the 1400 account. These programs include driver training, homebound instruction, and alternative education. There is a decrease in the Other Instructional Programs budget because of an anticipated decrease in the number of students requiring alternative education placements outside the district.
Other Instructional Programs Budget
1410 DRIVER ED 16/17 17/18
Budget Budget
SALARIES 0 0
BENEFITS 0 0
PROFESSIONAL SERVICE
SUPPLIES 0 0
1410 SUB TOTAL 0 0
1430 HOMEBOUND
16/17 Budget
17/18 Budget
SALARIES 4,000 3,500
BENEFITS 0 0
1430 SUB TOTAL 4,000 3,500
1440 ALTERNATIVE ED
16/17 Budget
17/18 Budget
TUITION 27,000 35,000
1440 SUB TOTAL 27,000 35,000
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2120: Guidance Services K-12
Guidance services for students in kindergarten through grade 12 make up the services provided by the 2120 account.
Guidance Services K-12 Budget
2120 GUIDANCE 16/17 17/18
Budget Budget
Salaries 109,559 111,078
Benefits 70,671 72,039
Professional Service 19,000 13,300
Other Service 0 4,425
Supplies 16,000 14,692
Property 0 0
Other Objects 0 0
2120 SUB TOTAL 215,230 215,534
2220: Audio-Visual
The account 2220 represents audio-visual instructional materials and supplies for the entire district.
Audio-Visual Budget
2220 AUDIOVISUAL 16/17 17/18
Budget Budget
SUPPLIES 0 0
PROPERTY 0 0
2220 SUB TOTAL 0 0
2240: Technology
District technology staff, materials, supplies, and training are part of the 2240 account.
Technology Budget
2240 COMPUTER INST 16/17 17/18
Budget Budget
Salaries 0 0
Benefits 0 0
Professional Service 90,000 62,252
Property Service 0 0
Other Service 0 2,637
Supplies 15,000 20,260
Property 40,000 42,000
Other Objects
2240 SUB TOTAL 145,000 127,149
2250: Library Services
Account 2250 represents library services and includes staff salaries, benefits, and all materials and supplies needed to run school district libraries.
Library Services Budget
2250 LIBRARY SERVICE
16/17 17/18
Budget Budget
Salaries 41,494 42,090
Benefits 20,255 20,355
Professional Service 0 0
Property Service 4,000 3,774
Other Service 0 0
Supplies 10,300 7,635
Property 0 0
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2310: Board Services
The Board Services 2310 account covers such costs as district legal liability insurance, payment of tax collectors, strategic planning expenses, and others.
Board Services Budget
2310 BOARD SERVICE 16/17 17/18
Budget Budget
Professional Service 11,500 15,300
Other Service 65,916 60,378
Supplies 1,400 716
Other Objects 6,000 6,500
2310 SUB TOTAL 84,816 82,894
2350: Legal Services
The 2350 account encompasses the cost of legal services for the school district. These services include contractual services for the district solicitor and the costs of defending or initiating a variety of legal actions.
Legal Services Budget
2350 LEGAL SERVICE 16/17 17/18
Budget Budget
Professional Service 30,000 18,000
2360: Superintendent’s Office
The 2360 account represents all those expenditures associated with the superintendent’s office. These expenditures include salaries and benefits of personnel in the central administration offices, materials and supplies needed to conduct business, the cost of designing and printing all district publications and the district website, the costs associated with community meetings, and other necessary meetings.
Superintendent’s Office Budget
2360 SUPER'S OFFICE 16/17 17/18
Budget Budget
Salaries 136,247 140,499
Benefits 96,297 88,416
Professional Service 0 3,624
Property Service 0 0
Other Service 0 0
Supplies 16,000 14,742
Property 0 0
Other Objects 5,112 4,365
2360 SUB TOTAL 253,656 251,646
2380: Principals’ Offices
The 2380 account is comprised of those expenditures associated with the principals’ offices. It includes salaries and benefits for personnel working in the principals’ offices, supplies, and materials needed to conduct daily business, professional memberships, travel, training consultants, and general repairs of office equipment.
Principals’ Offices Budget
2380 PRINCIPAL OFFICE 16/17 17/18
Budget Budget
Salaries 232,058 239,748
Benefits 150,486 136,311
Professional Service 2,400 2,400
Property Service 0 0
Other Service 3,600 4,100
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2411: Health Services
2450: Non-Public Health Services
The 2411 and 2450 accounts represent health services. These accounts support personnel and all student health services provided by school nurses in Oswayo Valley School District. Included in these accounts are salaries, benefits, materials, and supplies needed to provide required health services for students.
Health Services and Non-Public Health Services Budgets
2411 HEALTH SERVICE 16/17 17/18
Budget Budget
Salaries 39,269 41,909
Benefits 22,256 22,338
Professional Service 5,500 6,500
Property Service 0 0
Other Service 300 300
Supplies 5,000 4,851
Property 2,000 694
2411 SUB TOTAL 74,325 76,592
2511: Business Office
The 2511 account includes all expenditures for the Business Administrator’s Office. This category represents salaries and benefits of Business Office personnel, district-wide postage, materials and supplies for conducting business, fees, and other services. .
Business Office Budget
2511 BUSINESS OFFICE 16/17 17/18
Budget Budget
Salaries 51,000 51,816
Benefits 40,194 35,919
Professional Service 29,000 29,000
Property Service 0 0
Other Service 500 0
Supplies 3,000 3,073
Property 0 0
Other Objects 0 0
2511 SUB TOTAL 123,694 119,908
2611: Operations and Maintenance
The 2611 account represents all buildings and grounds services and the salaries and benefits for those employees working in maintenance and custodial services.
Operations and Maintenance Budget
2611 MAINTENANCE
16/17 17/18
Budget Budget
Salaries 265,590 244,893
Benefits 190,969 184,282
Professional Service 0 0
Property Service 0 0
Other Service 75,500 138,674
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2720: Transportation
2750: Non-Public Transportation
The 2720 and 2750 accounts cover expenditures for transportation services for students in Oswayo Valley School District and the non-public schools the district is required to serve.
Transportation and Non-Public Transportation Budgets
2720 TRANSPORTATION 16/17 17/18
Budget Budget
Professional Service 515,000 520,000
2720 SUB TOTAL 515,000 520,000
Transportation and Non-Public Transportation Budgets
2750 NON PUB TRANS 16/17 17/18
Budget Budget
Other Service 15,000 15,000
2750 SUB TOTAL 15,000 15,000
2900: Intermediate Unit 9 Operations Budget
The 2900 account represents expenses associated with administrative operations services provided to Oswayo Valley by Seneca Highlands Intermediate Unit 9. This account includes expenditures for general operating, educational program services, instructional media, and technology services.
Intermediate Unit 9 Operations Budget
2900 I. U. PAYMENTS 16/17 17/18
Budget Budget
OTHER SERVICE 25,000 27,024
3200: Student Activities
The 3200 account represents expenditures for all student activities, including salaries and benefits for advisors and coaches, sports, clubs, intramurals, and travel.
Student Activities Budget
3300: Community Services
The 3300 account covers expenditures for our local library and our volunteer fire and ambulance services.
Community Services Budget
3200 STUDENT ACTIVITIES 16/17 17/18
Budget Budget
Salaries 106,555 133,718
Benefits 51,207 55,533
Professional Service 61,954 55,920
Other Service 3,430 0
Supplies 6,865 3,662
Other Objects 16,145 35,948
3200 SUB TOTAL 246,856 284,781
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5210: Budgetary Reserve
The 5210 account represents budgeted funds for those unexpected items that may be needed to operate the district. The retirement reserve has been reduced due to the increase in the PSERS contribution rate.
Budgetary Reserve Budget
5210 BUDGETARY RESERVE 16/17 17/18
Budget Budget
Capital Reserve 395,500 395,505
General Budget Reserve 808,143 808,143
Post Employment Benefits Reserve 95,506 95,506
Retirement Reserve 803,483 718,050
5210 SUBTOTAL 2,102,637 2,017,204
5240: Debt Service
The 5240 account represents the amount of money the district pays for debt service to cover bond issues.
Debt Service Budget
5240 DEBT SERVICE 16/17 17/18
Budget Budget
Other Uses Of Funds 647,000 735,500
5240 DEBT SERVICE 647,000 735,500
