Documents › Board of Education, 2026-04-21

budget 29 pages Scanned/OCR — text may contain errors

Also attached to this agenda item: Superintendent's 2026-27 Budget Presentation for Adoption

Superintendent’s Proposed Budget 2026-2027 April 21, 2026 2026-2027 + Superintendent's Proposed Budget + CROTON. OYHARMON April 21,2026 BOE public budget hearing at CHHS 7:30 p.m. May 7 Develop preliminary assumptions & forecasts September Begin budget development calendar, debt & other revenue/expenditure projections October Meet with budget builders & distribute budget worksheets November Budget discussions & development December Budget work session & presentation NYSTRS ECR rate is released Spending Moratorium February Initial budget presentations Governor’s executive budget (tentative) January Governor’s budget state aid secured BOE Budget adoption & PTRC submission April Submit allowable tax levy to OSC Budget Presentations & Bus propositions March from 6:00 a.m. to 9:00 p.m. at Croton-Harmon High School 36 Old Post Road South School Board Election & Budget Vote May 19, 2026 VISION MAP PRIORITIES INTERDISCIPLINARY AND PASSION-BASED CLASSES, SCHEDULES, AND EXPERIENCES Foster the pursuit of passion among our students and staff by developing innovative and inspirational classes, schedules, and learning experiences. ASSESSMENT, GRADING, AND FEEDBACK Promote future-focused teaching and learning through the development of a shared philosophy on assessment, grading, and feedback. FLEXIBLE, DYNAMIC LEARNING SPACES Ignite curiosity and inspiration within our students and staff through the creation of dynamic learning spaces. DISTRICT AND SCHOOL CULTURE Inspire the pursuit of individual and systemic success by cultivating an environment that prioritizes connection and belonging, celebrates thoughtful risk-taking, and values collegial voice. Enhancements to Support our Vision Increasing opportunities for CHHS students to take rigorous courses aligned with their interests, including new offerings: Advanced Placement (AP) Business with Personal Finance; AP Psychology; Project Lead the Way (PLTW) Principles of Engineering; Theater; and Modern Journalism Continuing access to 7 Interdisciplinary, team-taught classes and 9 dual-enrollment courses for students at CHHS Providing for the second year of full implementation of the instructional coaching model, district-wide, which advances teacher practices through genuine collaboration with colleagues Investing in modernizing classroom spaces across the district, creating classrooms which align with and enhance flexible, small-group collaboration in learning for all students Enhancements to Support our Vision Increased investments in hands-on learning resources Implementing new learning experiences driven by student-interest, including Tiger Tuesday at CHHS and electives experiences at PVC Investing further in resources to enhance literacy instruction for students at CET Adding new extracurricular clubs based on student interests new videc 2026-2021 Proposed Budget April 22, 2026 COMING SOON Hwhat SCHOOL CROTON HARMON 2026-27 Presentation Schedule ✓ Jan 8: Budget Development Update ✓ Feb 12: Revenue Budget Summary ✓ Feb 26: General Support, Operations, & Propositions ✓ Mar 12: Vision Map, Technology, & Athletics ✗ Mar 26: Emergency Cancellation ✓ Apr 9: School Budgets, Curriculum, & Pupil Personnel ✓ Apr 21: Superintendent’s Proposed Budget, Budget Adoption, PTRC and BOCES Admin Budget Vote ❏May 7: Public Budget Hearing 2026-2027 Budget Overview 2026-2027 Budget Overview he Budget Drivers Major Impact Factors ●Anticipated Increases in State Aid ●Increases to Tuition Revenue Due to In-District Special Education Programs ●County Sales Tax & Interest Earnings To Remain Flat Or Slight Decrease ●Increases to Contractual Salary Obligations ●Benefit Cost Increases (TRS/ERS, Health, FICA) ●Debt Service Down ●Significant Increase to Property/Casualty Insurance Revenue Budget: Expense Budget: New York State Budget Update: Budget Delayed . . . The NYS Budget was due Monday, April 1 ●Fifth Budget Extender Issued to fund state government operations and obligations through Wednesday, April 22nd ●State Aid Projections based on Executive Budget Proposal ●Negotiations Continue with No Indication of Settlement Date Anticipated State Aid nN Anticipated State Ai a patedS Aid Basic Formula Foundation $5,283,434 $5,336,268 $52,834 Transportation $1,251,748 $1,306,460 $54,712 Public Excess Cost $3,952 $3,952 $O High Tax $100,000 $100,000 $O Hiah Cost Excess Cost $87,210 $87,759 $549 Private Excess Cost $118,931 $202,463 $83,532 Building (District Projections) $2,603,099 $2,692,838 $89,739 BOCES $642,609 $689,223 $46,614 Hardware & Technology $13,045 $12,242 -$803 a Software, Library & Textbook $127,633 $125,512 -$2,121 Me TotclStateAid $10,231,661 $10,556,717 __ $325,056 2026-27 Allowable Tax Levy Croton-Harmon UFSD sities 2026-27 Property Tax Cap Calculation A |PRIOR YEAR Approved Actual Tax Levy (25-26) $45,422,572 B | Tax Base Growth Factor(TBD by ORPS- min of 1.0) C |ProductofA*B ?) O ?) 6 : ?) 7 D |Base YearPILOTS $44,702 E |TotalofC+D $45,648,964 F |Base Year Capital Exclusion (2,836,262) Allowable | ¢ |piterenceoté-F H_ |Allowable Levy Growth Factor (lesser of 2% or 4.12% CPI) 1.02 | |ProductofG*H $43,668,957 Ta X L evy J |Current Year PILOTS K |BASELEVY (prior year adjusted - difference of | &J) $43,622,914 L |Current Year Capital Exclusion M_ |Current Year Pension Expense over 2% rate increase a N_ | Eligible Prior Year Carryover a O |Tax Levy Limit Adjusted for Exclusions (Sum of K, L, M&N) P | Total Tax Levy Revenue Increase cH To] TedtaleyAthamiiinas | am Tax Rate History and Projection TOWN 2025 Equalization Rate % of Levy 2025-26 Tax Rate 2026-27 Tax Rate (Proposed) % Increase Cortlandt 1.21 96.15% $1,340.76 $1,347.56 0.51% Yorktown 1.60 3.85% $893.84 $1,019.09 14.01% Revenue Budget Overview nN Revenue Budget Overvie HEE Payments in Lieu of Taxes $44,702 $46,043 $1,341 County Sales Tax $975,000 $975,000 $O Interest & Earnings $300,000 $250,000 -$50,000 Other Revenue $356,500 $600,500 $244,000 Total Non-State/ Federal Aid $1,676,202 $1,871,543 $195,341 State Aid $10,231,661 $10,556,717 $325,056 Total State Aid $10,231,661 $10,556,717 $325,056 Appropriated Fund Balance $2,465,615 $2,716,925 $251,310 Appropriated Reserves: Employees’ Retirernent Reserve $200,000 $200,000 $O Teachers’ Retirernent Reserve $200,000 $O -$200,000 Tax Certiorari Reserve $800,000 $800,000 $O Unemployment Insurance $0 $100,000 $100,000 Workers ' Compensation Reserve $O $100,000 $100,000 Designated FB & Reserves $3,665,615 $3,916,925 $251,310 coe. Allowable Tax Levy $45,422,572 $46,417,623 $995,051 Reserves Reserves Reserves 6/30/2025 26-27 Budget 6/30/2026 %ofReserve 6/30/2024 Capital Reserve (2013) 4,776,815 @) 5,957,788 31.47% 3,261,423 Capital Reserve (2016) 2,996,324 0 3,068,784 16.20% 4,391,520 Capital Reserve (2022 - Transportation) 1,824,534 0 1,784,493 942% 2,184,094 Employee Benefit Accrued Liability Reserve 546,093 0 567,190 2.99% 518,221 Repair Reserve 262,315 0 318,514 168% 250,750 Reserve For Accrued Liability 1,326,506 0 1,366,471 7.21% 981,498 Reserve for Retirement Contribution 1,854,165 200,000 1,718,567 9.07% 1,581,237 Reserve for Tax Certiorari 1,937,621 800,000 1,244,205 6.57% 2,617,021 Reserve for TRS Contribution 2,174,795 0 9,456,789 12.97% 1,861,339 Unemployment Insurance Reserve 225,410 100,000 134,186 0.71% 215,472 Workers’ Compensation Reserve 407,689 100,000 323,562 171% 387,445 Expense Budget Overview (by Function) Expense Budget Overview (byFunction) = Board of Education 89,175 90,795 Central Administration 374,153 410,798 Finance (Auditing, Fiscal Agent, Treasurer) 915,009 977,365 Legal, Personnel, Public Information Services 686,089 714,301 Operations & Maintenance 5,649, 561 5,801,359 Property Assessments, Insurance, BOCES Admin 836,246 1,034,254 Instruction, Administration and Improvement 2 249,985 2 300,122 Teaching - Regular School 16,325,297 16,760,265 Programs for Students w/ Disabilities & Career & Tech 6,620,223 6,688,542 Instructional Media, Instruction & Special Schools 2,375,395 2 438,296 School Counseling, Health, Psych. & Social Work Services 2 144,551 2,270,403 Co-Curricular Activities - Regular School 301,292 319,391 Interscholastic Athletics - Regular School 1,268,315 1,306,458 Pupil Transportation 3,272,266 3,342,903 Employee Benefits 12,205,141 12,684,093 Debt Service 5,573,352 5,513,463 a Other Financing Uses 110,000 110,000 abbaass Total Budget $60,996,050 $62,762,808 $1,766,758 290% Expense Budget Overview (By Object) Expense Budget Overview (By Object) Salaries 31,597,747 32,598,719 1,000,972 317% Benefits 12,205, 141 12,684,093 478,952 3.92% TOTAL SALARIES& BENEFITS $43,802,888 $45,282 812 $1,479,924 338% Equioment&CapitalOutlay 236,000 365,000 129,000 54.66% Contractual, Supplies and Other 8 671,730 8794 805 123,075 142% BOCES Services 2 602,080 2 696,728 94,648 364% Debt Service Principal & Interest 5 573,352 5 513,463 -59, 889 -1.07% Interfund Transfers 110,000 110,000 0 0.00% TOTAL OTHER EXPENDITURES $17,193,162 $17,479,996 $286,834 167% caeaaee Total Expenditures $60,996,050 $62,762,808 $1,766,758 290% Three-Part Budget + Three-Part Budget HEE Administrative Component The Administrative Component includes Expenses from the Functions listed below. Several Functions maybe prorated, and appear in other Component cost areas. Function 6/30/26 6/30/27 soit teal ofttaeatin : ae 21295] | csonoy ADMINISTRATIVE COMPONENT - 11.78% OF BUDGET 1040 District Clerk $ 49,000 $ 49,500 _ 1240 Chief School Administrator $ 374,153 $ 410,798 a a 1310 Business Administration S$ 685,894 §$ 724,410 $6,000,000 1320 Auditing $ 74,780 $ 75,460 1325 Treasurer § 126,400 $ too) | ~om 1380 Fiscal Agent Fee $ 27,935 $ 47,935 $4,000,000 1420 Legal S 177,330 $ 180,151 e565 tai 1430 Personnel $ 168,636 $ 189,203 _ 1460 Records Management S$ 6,544 § 6,619 $2,000,000 1480 Public Information and Services $ 259,484 $ 263,054 $1,000,000 1670 Central Printing and Mailing S 124,975 S$ 141,531 1680 Central Data Processing S 74,177 $ 75,570 > ae a 1910 Unallocated Insurance § 372,300 $ 550,404 6/30/26 6/30/27 1920 School Association Dues § 21,000 $ 21,000 = 9000 Employee Benefits @ 5510 District Transportation Services 1981 BOCES Administrative Costs § 329,316 § 345,000 @ 2250 Program for Students with Disabilities @ 2020 Supervision - Regular School 1983 BOCES Capital Expenses s 48,630 $ 52,850 @ 2010 Curriculum Development and Supervision #1983 BOCES Capital Expenses 3040 Ciniculum Development end Supeivision 622,692 § 664,534 © 1981 BOCES Administrative Costs 1920 School Association Dues a ® 1910 Unallocated Insurance ® 1680 Central Data Processing 2020 Supervision - Regular School ° scat crink ° oT @ 1670 Central Printing and Mailing @ 1480 Public Information and Services 2250 Program for Students with Disabilities $ 228,400 $ 238,090 m 1460 Records Management m 1430 Personnel 5510 District Transportation Services $ 147,782° § 155,556 = 1420 Legal @ 1380 Fiscal Agent Fee 9000 Employee Benefits $ 1,317,948 $ 1,397,322 @ 1325 Treasurer ® 1320 Auditing ® 1310 Business Administration 1240 Chief School Administrator Total: $6,904,844 $7,395,430 ® 1040 District Clerk @ 1010 Board of Education Administrative Percent: 11.32% 11.78% Three-Part Budget ++ Three-Part Budget ae Program Component ro a NT | cosa PROGRAM COMPONENT - 69.03% OF BUDGET 2110 Teaching - Regular School $ 16,325,297 $ 16,760,265 ee 2250 Program for Students with Disabilities School A $ 6,020,495 - $ 6,077,847 $40,000,000 2280 BOCES Career & Technical Education S$ 371,328 $ 372,605 $35,000,000 2330 Teaching - Special Schools S 33,050 $ 25,050 $30,000.00 | 2610 School Library and Audiovisual S$ 556,883 $ 558,487 —_— —— ——l 2620 Educational Television S$ 13,982 $ 13,982 | 2630 Computer Assisted Instruction $ 1,771,480 $ 1,840,777} | ———— —O—_————_——= 2810 Guidance Regular School S 2“ % 3,500 oo 2810 Guidance Regular School S$ 1,063,015 $ 1,090,927 $10,000,000 2815 Health Services Regular School $ 400,016 $ 435,900 $5,000,000 2820 Psychological Services Regular School S$ 561,716 $ 605,832 ‘ ol 2825 Social Work Services Regular School S$ 119,804 §$ 134,244 6/30/26 6/30/27 2850 Co-Curricular Activities Regular School S 301,292 $ 319,391 & 9901 Interfund Transfers = 9000 Employee Benefits 2855 Interscholastic Athletics Regular School S 1,268,315 $ 1,306,458 @ 5530 Garage Building 5510 District Transportation Services 5510 District Transportation Services S 3,020,308 - $ 3,083,171 @ 2855 Interscholastic Athletics Regular School = 2850 Co-Curricular Activities Regular School 5530 Garage Building $ 104,176 $ 104,176 ® 2825 Social Work Services Regular School & 2820 Psychological Services Regular School 9000 Employee Benefits ) 10,056,160'$ 10,424,869 @ 2815 Health Services Regular School & 2810 Guidance Regular School 9901 Interfund Transfers $ 110,000 $ 110,000 @ 2630 Computer Assisted Instruction @ 2620 Educational Television & 2610 School Library and Audiovisual ® 2330 Teaching - Special Schools Total: $ 42,153,184 §$ 43,324,237 ® 2280 BOCES Career & Technical Education = 2250 Program for Students with Disabilities School Age Program Percent: 69.11% Atkyg =| #2110 Teaching - Regular School = 1420 Legal Three-Part Budget Capital Component The Capital Component includes Expenses from the Functions listed below. Several Functions maybe prorated, and appear in other Component cost areas. Functi 6/30/26 6/30/27 -_e ba bal CAPITAL COMPONENT - 19.19% OF BUDGET 1420 Legal $ 18,228 $ 18,518 | | 410,c0q000 1620 Operation of Plant § 559,648 § 835,175 1621 Maintenance of Plant § 4,890,761 $ 4,749,083 — 1950 Assessments on School Property ; 65,000 $ 65,000 | 9000 Employee Benefits ; $31,032 } 861,902 ¢. SS —— 9711 Serial Bonds Principal/interest- School Construction $ 1,927,900 $ 1,828,400 630h6 60h7 9731 Bond Anticipation Notes Principal Interest $ 3,049,017 $ 3,416,292 a 5789 Other Debt Princinalntrest 9789 Other Debt Principal/Interest $ 596,435 $ 268,771 8 9731 Bond Anticipation Notes Principal interest #9711 Serial Bonds Principal/interest- School Construction # 9000 Employee Benefits Total: $ 11,938,021 $ 12,048,141 # 1950 Assessments on School Property Capital Percentage: 19.57% 19,19% #1621 Maintenance of Plant 2026-27 Budget Overview Tax Levy 2.19% Proposed Budget $62,762,808 Proposed Tax Levy $46,417,623 ***Within the Allowable Tax Levy*** Vehicle Proposition One (1) 66-passenger diesel school bus One (1) 20-30 passenger gas/diesel buses One (1) Hybrid SUV ●Total cost: $380,000 ●Funded through the 2025-2026 general fund appropriations No Tax Impact or Borrowing Required Repair Reserve The Repair Reserve Fund is used to pay for non-recurring repairs to capital improvements or equipment. ●Established and approved by voters in May 2022 ●Utilized for the following purposes. ○PVC Elevator Repair - $100,000 ○CHHS Elevator Repair - $185,000 ○PVC Steam Boiler Repair - $65,000 ●Voter approval is required to fund this reserve . ●Expenditures from this reserve may be made only after a public hearing has been held, except in emergency situations. Total cost: $300,000 Funded through the 2025-2026 general fund appropriations No Tax Impact or Borrowing Required On the Ballot for May 19, 2026 Proposition 1 : 2026-2027 Budget - $62,762,808 Proposition 2: Vehicle Proposition Proposition 3: Repair Reserve Trustee Elections : Three(3) Candidate Positions Proposition 4: Croton Library Levy- $1,526,158* *Shared Ballot – District holds no library authority. Voter Information & BOE Election ● Three (3) School Board positions to be filled by election ● English & Spanish packets available on the CHUFSD website ● Includes: ○ Petition Instructions for Nomination of Candidates ○ Nominating Petition (38 signatures required) ○ Instructions for Filing of Expenditure Statements ○ Candidate’s Statement of Expenditures ○ Guidelines for Campaigning Candidate Packets (due April 20, 2026) Eligibility: ● U.S. citizen ● At least 18 years old by May 19, 2026 ● Resident of the district for 30+ days before May 19, 2026 ● Registered with the school district or county board of elections Voter registration form available on the Board of Elections website. ● Last day to register: May 14, 2026. ● Register in person at the District Office (M-F, 8 a.m. - 4 p.m.) or on April 21, 2026, from 4 p.m. - 7 p.m. ● Absentee and Early Voting applications due by May 12, 2026 (for mailed ballots) or May 18, 2026 (for in-person pickup). ● Absentee/Early ballots must be received by May 19, 2026, 5:00 p.m. To vote in the Croton-Harmon School District’s Annual Budget Vote/Election on May 19, 2026, you must be a registered voter. Q&A CHO yn Budget Vote May 19 May 7 Official Public Budget Hearing May 12 Board Candidate Forum CHHS Tuesday @ 7:30pm May 19 Tenure Celebration & District-Wide Art Show May 19 Budget Vote and Board Election For more information, log on to www.chufsd.org Vote Day Information Tuesday, May 19, 2026 ● Time: 6:00 AM - 9:00 PM ● Location: Croton-Harmon High School (CHHS) On the Ballot: ● Budget Vote ● Vehicle Proposition ● Repair Reserve ● Trustee Election (3 Seats) Event: Tenure Celebration at 7:00 PM 5/19/2026 5/19/2026 Stay Connected Facebook @CrotonSchools Instagram @CrotonSchools Do you have questions about the 2026-2027 budget? You can email your questions to: Budget.Questions@chufsd.org @