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Monticello BOE adopts 2015-16 proposed spending plan

reduced tax levy and reduced spending reflect realistic budgeting philosophy

April 27, 2015

On Thursday, April 23, the Monticello Board of Education voted unanimously to adopt a $82,589,275 proposed budget for the 2015-16 school year that decreases spending and yields a significantly reduced tax levy. The proposed budget is $589,298 or -.71 percent less than the budget for the 2014-15 school year and carries a tax levy reduced by $2,282,682 or -5.09 percent.
Eligible residents will vote on the proposal on Tuesday, May 19, from 8 a.m. to 8 p.m. at the following locations:

• District 1: Thompson
Robert J. Kaiser Middle School: Breakey Ave, Monticello

• District 2: Bethel
Duggan Community Center: 3460 State Route 55, White Lake

• District 3: Mamakating
Chase Elementary School: 28 Pennsylvania Avenue, Wurtsboro

• District 4: Rock Hill
Rock Hill Fire Department: 61 Glen Wild Rd, Rock Hill

• District 5: Forestburgh
Forestburgh Town Hall: 332 King Rd, Forestburgh, NY

Monticello school administrators were able to reduce the tax levy – or the amount of revenue raised through property taxes – through an increase in state aid and a reduction in retirement benefits and insurance costs.
While developing the 2015-16 proposed budgets, the Monticello Board of Education held to their “realistic and responsible” budget philosophy to ensure that students get the best education possible without exceeding the district’s tax levy limit.

The budget proposal being presented to the community reflects the Monticello Board of Education’s goal to shore up expenses and eliminate unnecessary costs and expenditures. The proposed spending plan also uses $5.5 million dollars in unappropriated fund balance* to offset expenditures.

In addition to the proposed spending plan, voters will be asked to select three Board of Education members and approve two bond proposals. Voters will select from among five candidates for three open seats to serve on the Monticello Board of Education from July 1, 2015 to June 30, 2018. The three seats for re-election are currently held by Cathleen Crumley Doherty, Bob Kunis and Susan Purcell. The candidates for election are Cathleen Crumley Doherty, Adrianna Greco, Bob Kunis, Susan Purcell and Janice Yeomans.

The first proposition asks voters to establish a capital reserve fund with $8 million allocated from the district’s unappropriated fund balance to offset the costs of future renovation projects. The second proposition asks voters to approve the allocation of $650,000 from the district’s unappropriated fund balance for the construction of six tennis courts on the Monticello High School/Robert J. Kaiser Middle School campus.

What’s next?

What: 2015-16 Budget Public Hearing
When: Thursday, May 7 at 7 p.m.
Where: Robert J. Kaiser Middle School cafeteria

What: 2015-16 Annual District Budget Vote
When: Tuesday, May 19 from 8 a.m. to 8 p.m.
Where: Thompson - District #1 - Robert J. Kaiser Middle School; Bethel - District #2 - Duggan Community Center; Mamakating - District #3 - Chase Elementary School; Rock Hill - District #4 - Rock Hill Fire Department; Forestburgh - District #5 - Forestburgh Town Hall

* What’s a fund balance?
A fund balance is created when the school district has money left over at the end of its fiscal year as a result of under spending or taking in additional revenue. Part of the fund balance (appropriated fund balance) may be applied as revenues to the district's following year budget. A portion may also be set aside (unappropriated fund balance) to pay for emergencies or other unforeseen occurrences.