Documents › Board of Education, 2026-05-07

budget 3 pages

Also attached to this agenda item: 2026-27 WPSBA Board of Directors slate FINAL

TO: Board Presidents, Superintendents and District Clerks FROM: Karen Belanger, Executive Director, Westchester Putnam School Boards Association RE: NOTICE: WPSBA Annual Meeting & Vote on 2026-27 Budget & Nominating Slate DATE: April 24, 2026 We are pleased to present information on the Westchester Putnam School Boards Association proposed budget and the Board of Directors nominating slate for 2026-27, which was approved at WPSBA’s April 20th Board of Directors meeting. This year’s budget presentation will be made by our Treasurer at the WPSBA Annual Meeting & Dinner on June 8th (invitation attached). WPSBA dues will increase minimally for the coming school year – an annual increase of $34 to $155 for our member districts. We base our dues on each district’s current-year tax levy and thus take into consideration both district size and district wealth (higher need districts receive a smaller percentage of their revenue from the tax levy). WPSBA membership letters and dues invoices will be sent individually to each district in July. WPSBA works throughout the year to provide timely and relevant services, programming, and data resources geared to the unique needs of our districts. In partnership with our school districts and the Lower Hudson Education Coalition, we advocate for public education and the children we serve. We are committed to providing networking opportunities for school board trustees and make information and learning readily available on school board governance topics and current issues in public education. To that end, we look forward to welcoming our school board members and superintendents to our Annual Meeting & Dinner to network, hear perspectives on this year’s statewide initiatives (cell phone policy and student board members) and celebrate the end of the school year. Please have your Board of Education vote on the WPSBA proposed Budget and Nominating Committee Slate at your next board meeting. Your district’s ballot (which is attached) can be cast by a representative of your district via voice vote at the Annual Meeting, or the signed proxy ballot can be submitted via email before the June 8th meeting. Even if your district chooses to submit a proxy ballot, we still look forward to seeing board members and superintendents at our Annual Meeting & Dinner. We thank you for your ongoing support and we look forward to continuing to carry out our mission on behalf of the Board of Education Trustees and Superintendents of our member districts. Karen Belanger Executive Director, WPSBA WPSBA Budget Comparison 2025-26 Year End Projection & 2026-27 Proposed Budget WPSBA BUDGET- KEY LINE ITEMS: Revenue Categories: Membership Dues: Categories are based on school district’s current year tax levy. BOCES dues are based on budget. Special Act Public School districts have a flat rate. Program Fees: Revenue from attendance at WPSBA programs. Project Income: Revenue is primarily sponsorships and advertisements in Facts & Figure$ and book sales. LHEC Administration: WPSBA receives a fee to serve as the administrative staff for the Lower Hudson Education Coalition (LHEC). Savings & Other Revenue: Use of savings, plus interest and other income. Expenditure Categories: Direct Program Expenses: Expenses directly associated with specific program events (both fee programs and non-fee events) and publication of Facts & Figure$ book. Indirect costs such as personnel, technology (including virtual event platforms) and related expenses are not allocated to the program expense category. Salaries & Benefits: Two FT employees: Executive Director & Director of Member Services. Two PT (0.2 FTE): Administrative Associate & Finance Associate. Overhead: Rent, office equipment and supplies, technology, website, insurance, postage, telephone, payroll, and publications. Professional Costs: Executive Director and President’s expenses for annual conferences, workshops, and meetings, plus memberships, subscriptions, outside consultants, staff training, Board of Directors meetings & retreat. 76% 10% 5% 7% 2% Projected 2025-26 Revenues Membership Dues Fee Events Project Income LHEC Other 72% 8% 4% 7% 10% 2026-27 Budgeted Revenue Membership Dues Fee Events Project Income LHEC Other 7% 83% 8% 2% Projected 2025-26 Expenses Program Expenses Salaries & Benefits Overhead Professional Costs 7% 79% 8% 7% 2026-27 Budgeted Expenses Program Expenses Salaries & Benefits Overhead Professional Costs 2025-26 Projected Year End/Budget and 2026-27 Proposed Budget 2025-26 Budget Projected 2025-26 Year End 2026-27 Budget REVENUES Membership Dues $225,791 $226,662 $233,462 Fee Events $24,325 $28,385 $24,605 Project Income $12,000 $15,800 $12,000 LHEC $21,000 $21,000 $22,050 Interest & Other Income $0 $4,620 $0 Fund Balance Transfer $30,089 ($7,682) $33,532 Total Revenue & Use of Fund Balance $313,205 $288,785 $325,649 EXPENSES Direct Program Expenses $23,006 $21,192 $22,100 Salaries & Benefits $244,387 $240,677 $257,102 Overhead $24.507 $22,815 $24,517 Professional Costs $21,305 $4,101 $21,930 Total Expenses $313,205 $288,785 $325,649 Year End Current Assets (fund balance) Projected 6/30/2026 $160,976 6/30/2025 $153,295 6/30/2024 $137,360