2023-2024 Budget Workshops - Menands School District

Menands Union Free School District Budget Process

*If you need this in an accessible format, please reach out to District Clerk Liz Mentiply by email: lmentiply@menands.org

Table of contents:

Workshop 1: February 13
Workshop 2: March 13
Workshop 3: April 3, 2023
Board adopts budget: April 19, 2023
Budget Hearing: May 8, 2023

May 8, 2023

Annual budget hearing

Slideshow presentation available here.

New York State Education Department requires that it be held not earlier than 14 days and not later than 7 days before the annual budget vote.
Provides district residents with an overview of the proposed spending plan in the required 3 part (Administrative, Program and Capital) format.
The 2023-2024 Tax Levy calculation and limit.
Informs residents of what they will be voting on.
The District’s opportunity to keep taxpayers informed of changes that impact the school budget.

Influencing Factors Facing Menands

Maintaining All Current Programs and Opportunities
Increased Safety Measures: Officer on Campus
Tuition ( High School, SPED, Charter) and Transportation Cost
COVID Funding Streams Sunsetting
Professional Development Aligned With District Goals
Development & Implementation of Replacement Plans to meet Student, Staff and Facilities Needs
Maintenance of Operation & Plant Needs

Comparison

Expenditure Budget

Draft 1: $11,631,205
Draft 2: $11,555,886

Revenue Budget

Draft 1: $11,555,886
Draft 2: $11,555,886

Existing Gap

Draft 1: $75,319
Draft 2: $0

*Fund Balance

Draft 1: $950,000
Draft 2: $950,000

The Past several years, including 2022-23 we have allocated $800,000 of fund balance.
The allocation of another $150,000 from fund balance is for the planning costs associated with the design component of proposed project addressing roofing and HVAC work.

3 Part Budget

Administrative – Program – Capital

Administrative

2022-2023 Adopted Budget: $1,157,683
2023-2024 Proposed Budget: $1,246,781
$ Increase (Decrease): $89,098
% Increase (Decrease) 7.70%

Program

2022-2023 Adopted Budget: $8,255,895
2023-2024 Proposed Budget: $8,680,567
$ Increase (Decrease): $424,672
% Increase (Decrease) 5.14%

★Capital

2022-2023 Adopted Budget: $1,408,044
2023-2024 Proposed Budget: $1,628,538
$ Increase (Decrease): $220,494
% Increase (Decrease) 15.66%

Total

2022-2023 Adopted Budget: $10,821,622
2023-2024 Proposed Budget: $11,555,886
$ Increase (Decrease): $734,264
% Increase (Decrease) 6.79%

NOTE: What you are looking at is expenditures only and does not reflect accompanying offsetting increases in revenue – this will be seen on a subsequent slide.

★The increase includes the $150,000 expenditure for the design work. Were this not included the increase would be 5.01%

Administrative Component

Board of Education

2022-2023 Budget: $5,819
2023-2024 Proposed Budget: $6,400
$ Increase or Decrease: $581
% Increase or Decrease: 9.98%

District Clerk and Meetings

2022-2023 Budget: $10,300
2023-2024 Proposed Budget: $11,900
$ Increase or Decrease: $1,600
% Increase or Decrease: 15.53%

Chief School Administrative Office

2022-2023 Budget: $248,259
2023-2024 Proposed Budget: $249,639
$ Increase or Decrease: $1,380
% Increase or Decrease: 0.56%

Business Office

2022-2023 Budget: $239,146
2023-2024 Proposed Budget: $295,604
$ Increase or Decrease: $56,458
% Increase or Decrease: 23.61%

Auditing and Legal

2022-2023 Budget: $45,521
2023-2024 Proposed Budget: $64,771
$ Increase or Decrease: $19,250
% Increase or Decrease: 42.29%

Printing and Records Management

2022-2023 Budget: $12,812
2023-2024 Proposed Budget: $9,500
$ Increase or Decrease: ($3,312)
% Increase or Decrease: -25.85%

BOCES Central Data Processing

2022-2023 Budget: $26,855
2023-2024 Proposed Budget: $34,560
$ Increase or Decrease: $7,705
% Increase or Decrease: 28.69%

Insurance & Assoc. Dues

2022-2023 Budget: $7,300
2023-2024 Proposed Budget: $7,600
$ Increase or Decrease: $300
% Increase or Decrease: 4.11%

BOCES Administrative Cost

2022-2023 Budget: $55,781
2023-2024 Proposed Budget: $56,288
$ Increase or Decrease: $507
% Increase or Decrease: 0.91%

Unclassified

2022-2023 Budget: $42,513
2023-2024 Proposed Budget: $45,000
$ Increase or Decrease: $2,487
% Increase or Decrease: 5.85%

Curriculum Development

2022-2023 Budget: $25,736
2023-2024 Proposed Budget: $30,000
$ Increase or Decrease: $4,264
% Increase or Decrease: 16.57%

Supervision Regular School

2022-2023 Budget: $162,062
2023-2024 Proposed Budget: $153,900
$ Increase or Decrease: ($8,162)
% Increase or Decrease: -5.04%

Research and Planning

2022-2023 Budget: $3,000
2023-2024 Proposed Budget: $1,500
$ Increase or Decrease: ($1,500)
% Increase or Decrease: -50.00%

Professional Development and Training

2022-2023 Budget: 0
2023-2024 Proposed Budget: $9,750
$ Increase or Decrease: ($9,750)
% Increase or Decrease: 0%

Employee Benefits

2022-2023 Budget: $272,579
2023-2024 Proposed Budget: $270,369
$ Increase or Decrease: ($2,210)
% Increase or Decrease: -0.81%

Total

2022-2023 Budget: $1,157,683
2023-2024 Proposed Budget: $1,246,781
$ Increase or Decrease: $89,098
% Increase or Decrease: 7.70%

Program Component

Teaching Regular School

2022-2023 Adopted Budget: $3,632,234
2023-2024 Proposed Budget: $3,769,608
$ Increase or Decrease: $137,374
% Increase or Decrease: 3.78%

Programs For Students w/Disabilities

2022-2023 Adopted Budget: $1,755,819
2023-2024 Proposed Budget: $1,921,834
$ Increase or Decrease: $166,015
% Increase or Decrease: 9.46%

English Language Learners

2022-2023 Adopted Budget: $114,061
2023-2024 Proposed Budget: $64,624
$ Increase or Decrease: ($49,437)
% Increase or Decrease: -43.34%

School Library Audio Visual

2022-2023 Adopted Budget: $78,606
2023-2024 Proposed Budget: $85,059
$ Increase or Decrease: $6,453
% Increase or Decrease: 8.21%

Computer Assisted Instruction

2022-2023 Adopted Budget: $171,566
2023-2024 Proposed Budget: $222,563
$ Increase or Decrease: $50,997
% Increase or Decrease: 29.72%

Health Service Contract

2022-2023 Adopted Budget: $107,896
2023-2024 Proposed Budget: $141,647
$ Increase or Decrease: $33,751
% Increase or Decrease: 31.28%

School Psychologist

2022-2023 Adopted Budget: $11,854
2023-2024 Proposed Budget: $26,067
$ Increase or Decrease: $14,213
% Increase or Decrease: 119.90%

Guidance Regular School

2022-2023 Adopted Budget: $74,483
2023-2024 Proposed Budget: $85,561
$ Increase or Decrease: $11,078
% Increase or Decrease: 14.87%

Co-Curricular Activities

2022-2023 Adopted Budget: $31,104
2023-2024 Proposed Budget: $40,050
$ Increase or Decrease: $8,946
% Increase or Decrease: $28.76%

Interscholastic Activities

2022-2023 Adopted Budget: $11,974
2023-2024 Proposed Budget: $14,124
$ Increase or Decrease: $2,150
% Increase or Decrease: 17.96%

Contract Transportation

2022-2023 Adopted Budget: $1,015,815
2023-2024 Proposed Budget: $1,023,261
$ Increase or Decrease: $7,446
% Increase or Decrease: 0.73%

Employee Benefits

2022-2023 Adopted Budget: $1,195,483
2023-2024 Proposed Budget: $1,231,199
$ Increase or Decrease: $35,686
% Increase or Decrease: 2.99%

Transfer Café & Special Aid

2022-2023 Adopted Budget: $55,000
2023-2024 Proposed Budget: $55,000
$ Increase or Decrease: –
% Increase or Decrease: 0.00%

Total

2022-2023 Adopted Budget: $8,255,895
2023-2024 Proposed Budget: $8,680,567
$ Increase or Decrease: $424,672
% Increase or Decrease: 5,14%

Capital Component

Operation of Plant

2022-2023 Adopted Budget: $424,721
2023-2024 Proposed Budget: $476,253
$ Increase or Decrease: $51,532
% Increase or Decrease: 12.13%

Maintenance of Plant

2022-2023 Adopted Budget: $101,974
2023-2024 Proposed Budget: $111,293
$ Increase or Decrease: $9,319
% Increase or Decrease: 9.14%

Debt Service

2022-2023 Adopted Budget: $780,600
2023-2024 Proposed Budget: $787,500
$ Increase or Decrease: $6,900
% Increase or Decrease: 0.88%

Employee Benefits

2022-2023 Adopted Budget: $100,749
2023-2024 Proposed Budget: $103,492
$ Increase or Decrease: $2,743
% Increase or Decrease: 2.72%

Inter Fund Transfer to Capital

2022-2023 Adopted Budget: –
2023-2024 Proposed Budget: $150,000
$ Increase or Decrease: $150,000
% Increase or Decrease: 100.00%

Total

2022-2023 Adopted Budget: $1,408,044
2023-2024 Proposed Budget: $1,628,538
$ Increase or Decrease: $220,494
% Increase or Decrease: 15.66%

Tax Cap Calculation

Revenue Estimates

Property Taxes

2022-2023: $7,469,448
2023-2024: $7,631,535
Change: $162,087
% of Revenue: 2.17%

PILOT

2022-2023: –
2023-2024: $33,800
Change: $33,800
% of Revenue: –

State Aid

2022-2023: $2,219,905
2023-2024: $2,619,498
Change: $399,593
% of Revenue: 18.00%

BOCES Aid

2022-2023: $221,895
2023-2024: $224,553
Change: $2,658
% of Revenue: 1.20%

Misc/Donation/Commission

2022-2023: $1,400
2023-2024: $1,000
Change: ($400)
% of Revenue: -28.57%

Refund Prior Year

2022-2023: $88,174
2023-2024: $70,500
Change: ($17,674)
% of Revenue: -20.04%

Interest Earnings

2022-2023: $800
2023-2024: $5,000
Change: $4,200
% of Revenue: 525.00%

Medicaid

2022-2023: $20,000
2023-2024: $20,000
Change: –
% of Revenue: 0.00%

Assigned Fund Balance

2022-2023: $800,000
2023-2024: $950,000
Change: $150,000
% of Revenue: 18.75%

2022-2023: $10,821,622
2023-2024: $11,555,886
Change: $734,264
% of Revenue: 6.79%

Foundation Aid

Three Year Phase in of Foundation Aid

2020-21

$464,711

2021-22

Increased to 60%
$806,305

2022-23

50% of remaining $271,842
Total = $1,074,456

2023-2024

Fully Funded $326,633
Total = $1,401,089

What are you voting on?

A school budget of $11,555,886
A budget that enhances programs and opportunities for the children of our community, and addresses current student, staff and facility needs
Enhances Safety on our School Campus
The budget requires a simple majority to pass, 50% + 1 yes votes, within the tax levy limit of 2.17%
A Separate Project Referendum;
Two Members of the Menands Board of Education
Library Budget and Board of Trustees

Project Referendum

In Addition to the proposed budget, qualified voters will be asked to consider the following, separate proposition:

Shall the Board of Education of the Menands Union Free School District be authorized to (A) reconstruct various School District buildings, facilities and sites, acquire original furnishings, equipment, machinery or apparatus required for the purpose for which such buildings, facilities and sites are to be used and pay costs incidental thereto, at a maximum aggregate cost of not to exceed $2,360,000, (B) expend such sum for such purpose, (C) levy the necessary tax therefore, to be levied and collected in annual installments in such years and in such amounts as may be determined by the Board of Education taking into account state aid and (D) in anticipation of the collection of such tax, issue bonds and notes of the School District at one time or from time to time in the principal amount not to exceed $2,360,000 and levy a tax to pay the interest on said obligations when due?

BE IT FURTHER RESOLVED, that the District Clerk is hereby authorized and directed to include notice of such proposition in the notice of the annual District meeting.

BE IT FURTHER RESOLVED, that this resolution takes effect immediately.

Why a Project Referendum

NYS Education Law requires districts to conduct a Building Conditions Survey (BCS) every 5 years for occupied school buildings.

The BCS is an inspection conducted by an architect or engineer to assess the current state of the building(s) and infrastructure, and to establish and maintain its maintenance and repair condition.

The districts most current BCS, identified some priority areas for consideration:

Roofing
Heating, Air Conditioning & Ventilation (HVAC)
Paving

Existing components in all three identified areas, are approaching or have surpassed their useful life.

Given the cost of repairs it would be more fiscally prudent to repair and upgrade what is currently in place.

Roofing

HVAC

Paving

No Additional Taxpayer Cost

The timing of the proposed referendum was thoughtful, allowing the district to maximize available state aid and utilizes the debt reserve, so the project will be at no additional cost to the taxpayer.

Board of Education Candidates

Charlie Luke
Joshua Kullman
Mashal Shaikh

There are two vacancies on the Board of Education, one for a term of four (4) years commencing on July 1, 2023 and expiring on June 30, 2027, and the second for the remaining balance of an unexpired term commencing on May 17, 2023 and expiring on June 30, 2026, with the successful candidate for such unexpired term being eligible to take office immediately upon being elected and duly qualified. You may vote for two persons, one for each of the vacant seats. The candidate receiving the highest number of votes shall be elected to the four (4) year term and the candidate with the second highest number of votes shall be elected to fill the remainder of the unexpired term.

Library Budget

library budget

Library Trustees

There are five candidates for two seats on the Library Board of Trustees

Tammy McNamara
Jennifer Baltrush
Libby Post
Kelley Lemyre
Rosalynn Duvall

What happens if voters do not approved the budget proposed?

The district could put the same expenditure budget up for a re-vote.
The district could put an amended expenditure budget up for a re-vote.
The district could go directly to a contingency budget, not requiring a re-vote.
After two unsuccessful budget votes, the district has to go to a contingency budget in which case the tax levy can not be greater than the previous year, or a 0% tax increase
That would require expenditure reductions of $162,087, which would impact offerings, programs & opportunities and most importantly ……

Our kids

our kids

What do we do now?

Encourage family and friends to vote, Tuesday, May 16 12:00 p.m.-8:00 p.m. Absentee ballots can be obtained from the District Clerk and must be returned by 5:00 p.m. May 16.

Budget Vote & Board Elections In-Person

Tuesday May 16, 2023
12:00 pm – 8:00 PM
Menands School District Office Entrance

April 19, 2023

Overarching District Goals

Student Achievement and Success

Our school community will provide the necessary supports and opportunities for proficiency and success among our students. Faculty and staff will have the knowledge and skills to develop and implement curriculum and instruction that meet the unique needs of all learners.

Social Emotional Learning

We are committed to the development of the whole child by engaging students, staff, and families in opportunities that create and foster a safe and supportive school community.

Diversity, Equity, and Inclusivity

Recognizing the diversity of our student body the MUFSD is committed to the growth and development of our school community to provide an equitable education for all students that eliminates race, ethnicity, class, gender identity, sexuality and disability as predictors of student success, and creates a community where all members feel valued.

Fiscal Responsibility

To prudently manage existing district resources to maximize opportunities for students aligned with district goals while advocating for increased funding to better support the needs of our school community.

Keep in Mind

We will budget from the perspective of what we know to be true at this moment in time.
There is no doubt this will change as we move throughout the budget process.
We want to be mindful of the COVID funding that will be sunsetting.

What Will Shape Our Process

What do our students need?
In consideration of what has changed

What do we want for our students?
Not limited to academics

How can we accommodate both?

Operations and Maintenance & Physical Plant Needs

What to Expect at this Workshop

Updates out of the Capital or Governor’s Office
2023-2024 Final Draft Budget

Still Uncertain & Unknown

~~Tuition~~
~~Special Education Needs and Associated Costs~~
~~Enrollment and Staffing~~
~~BOCES Final Service Request~~
~~Transportation~~

Driving Factors

Board/District Goals and Strategic Plan
Mandates
Student, Staff & Facility Needs
Things we would like to do

Draft Comparisons

Draft 1

Expenditure Budget = $11,631,205
Revenue Budget = $11,555,886
Existing Gap = $75,319
*Fund Balance = $950,000

Draft 2

Expenditure Budget = $11,555,886
Revenue Budget = $11,555,886
Existing Gap = $0
*Fund Balance = $950,000

The Past several years, including 2022-23 we have allocated $800,000 of fund balance.
The allocation of another $150,000 from fund balance is for the planning costs associated with the design component of proposed project addressing roofing and HVAC work.

Expenditure Considerations

Enrollment Increases & Staffing Implications
Contractual Obligations – 4 year Teacher Contract
Replacement Planning and Needs
- Technology
- Facilities
- Furnishings
Students, Staff and Facilities

What is Included in the Final Draft

STUDENTS:

Tuition
- High School – (more out than in)
- Special Education Needs- In District and Out of District
- Charter School Enrollment
Additional Classroom Teacher
Addition of a monitor position
Two staff positions previously funded with ESSER funds
~~Staff to Meet Needs of Students with Disabilities~~
Increased Safety Measures: Officer on Campus
Maintains all Current Programs and Opportunities
Increased Extracurricular Opportunities: Clubs and Sports
Implementation of replacement schedule for classroom technology, equipment & furniture

STAFF:

Professional Development Aligned with BOE Goals
- - Student Achievement and Success
  - Social Emotional Learning
  - Equity
Developing and Implementing a Replacement Plan
- - Technology
  - Furnishings

FACILITY:

Continued Development and Implementing and Equipment Replacement Plan
Cleaning Equipment (Efficiency, Health & Safety)
Gym Equipment

Revenue Considerations

Allowable Tax Cap
State Aid*
Other Revenue Sources (minimal and unpredictable)
Fund Balance

Recommendation

The Board Adopt the 2023-2024 Budget

Upcoming Dates of Importance

Regular Meeting and Budget Hearing May 8
Budget and BOE Vote May 16

(back to top)

April 3, 2023

Overarching District Goals

Student Achievement and Success

Social Emotional Learning

We are committed to the development of the whole child by engaging students, staff, and families in opportunities that create and foster a safe and supportive school community.

Diversity, Equity, and Inclusivity

Fiscal Responsibility

Keep in Mind

We will budget from the perspective of what we know to be true at this moment in time.
There is no doubt this will change as we move throughout the budget process.
We want to be mindful of the COVID funding that will be sunsetting.

What Will Shape Our Process

What do our students need?
In consideration of what has changed

What do we want for our students?
Not limited to academics

How can we accommodate both?

Operations and Maintenance & Physical Plant Needs

What to Expect at this Workshop

Updates out of the Capital or Governor’s Office
2023-2024 Draft 2 Budget

Still Uncertain & Unknown

~~Tuition~~
~~Special Education Needs and Associated Costs~~
Enrollment and Staffing
BOCES Final Service Request
~~Transportation~~

Driving Factors

Board/District Goals and Strategic Plan
Mandates
Student, Staff & Facility Needs
Things we would like to do

Draft Comparisons

Draft 1

Expenditure Budget = $11,631,205
Revenue Budget = $11,555,886
Existing Gap = $75,319
*Fund Balance = $950,000

Draft 2

Expenditure Budget = $11,555,886
Revenue Budget = $11,555,886
Existing Gap = $0
*Fund Balance = $950,000

The Past several years, including 2022-23 we have allocated $800,000 of fund balance.
The allocation of another $150,000 from fund balance is for the planning costs associated with the design component of proposed project addressing roofing and HVAC work.

Expenditure Considerations

Enrollment Increases & Staffing Implications
Contractual Obligations – 4 year Teacher Contract
Replacement Planning and Needs
- Technology
- Facilities
- Furnishings
Students, Staff and Facilities

What is Included in Draft 2?

STUDENTS:

Tuition
- High School – (more out than in)
- Special Education Needs- In District and Out of District
- Charter School Enrollment
Additional Classroom Teacher
Addition of a monitor person
Two staff positions previously funded with ESSER funds
~~Staff to Meet Needs of Students with Disabilities~~
Increased Safety Measures: Officer on Campus
Maintains all Current Programs and Opportunities
Increased Extracurricular Opportunities: Clubs and Sports
Implementation of replacement schedule for classroom technology, equipment & furniture

STAFF:

Professional Development Aligned with BOE Goals
- - Student Achievement and Success
  - Social Emotional Learning
  - Equity
Developing and Implementing a Replacement Plan
- - Technology
  - Furnishings

FACILITY:

Continued Development and Implementing and Equipment Replacement Plan
Cleaning Equipment (Efficiency, Health & Safety)
Gym Equipment

Revenue Considerations

Allowable Tax Cap
State Aid*
Other Revenue Sources (minimal and unpredictable)
Fund Balance

What to Expect April 19

Any Updated Information out of the Capital/Governor’s Office
2023-2024 Final Budget and Adoption

Upcoming Dates of Importance

Petitions Due April 17
Next Board Meeting April 19
Budget Hearing May 8

(back to top)

March 13, 2023

Overarching District Goals

Student Achievement and Success

Social Emotional Learning

We are committed to the development of the whole child by engaging students, staff, and families in opportunities that create and foster a safe and supportive school community.

Diversity, Equity, and Inclusivity

Fiscal Responsibility

Keep in Mind

We will budget from the perspective of what we know to be true at this moment in time.
There is no doubt this will change as we move throughout the budget process.
We want to be mindful of the COVID funding that will be sunsetting.

What Will Shape Our Process

What do our students need?
In consideration of what has changed

What do we want for our students?
Not limited to academics

How can we accommodate both?

Operations and Maintenance & Physical Plant Needs

What to Expect at this Workshop

Updates out of the Capital or Governor’s Office
2023-2024 Draft 1 Budget

Still Uncertain & Unknown

Tuition
Special Education Needs and Associated Costs
Enrollment and Staffing
BOCES Final Service Request
Transportation

Driving Factors

Board/District Goals and Strategic Plan
Mandates
Student, Staff & Facility Needs
Things we would like to do

Draft 1 Budget

Draft 1 Expenditure Budget

$11,631,205

Draft 1 Revenue Budget

$11,555,886

Existing Gap utilizing $950,000 FB

$ 75,319

Expenditure Considerations

Enrollment Increases & Staffing Implications (Regular & Special Ed)
Contractual Obligations – 4 year Teacher Contract
Replacement Planning and Needs
- Technology
- Facilities
- Furnishings
Students, Staff and Facilities

What is Included in Draft 1?

STUDENTS:

Tuition
- High School – (more out than in)
- Special Education Needs- In District and Out of District
- Charter School Enrollment
Additional Classroom Teacher
Staff to Meet Needs of Students with Disabilities
Increased Safety Measures: Officer on Campus
Maintains all Current Programs and Opportunities
Increased Extracurricular Opportunities: Clubs and Sports
Digital Classroom Display Replacement and Boards

STAFF:

Professional Development Aligned with BOE Goals
- - Student Achievement and Success
  - Social Emotional Learning
  - Equity
Developing and Implementing a Replacement Plan
- - Technology
  - Furnishings

FACILITY:

Continued Development and Implementing and Equipment Replacement Plan
Cleaning Equipment (Efficiency, Health & Safety)
Gym Equipment

Revenue Considerations

Allowable Tax Cap
State Aid*
Other Revenue Sources (minimal and unpredictable)
Fund Balance

What to Expect at the Next Workshop

Any Updated Information out of the Capital/Governor’s Office
2023-2024 Draft 2 Budget
Additional Information as Requested by the Board of Education

Questions & Discussion

Next Budget Workshop
March 27th ?

(back to top)

February 13, 2023

Overarching District Goals

Student Achievement and Success

Social Emotional Learning

We are committed to the development of the whole child by engaging students, staff, and families in opportunities that create and foster a safe and supportive school community.

Diversity, Equity, and Inclusivity

Fiscal Responsibility

Keep in Mind

We will budget from the perspective of what we know to be true at this moment in time.
There is no doubt this will change as we move throughout the budget process.
We want to be mindful of the COVID funding that will be sunsetting.

What Will Shape Our Process

What do our students need?
- In consideration of what has changed
What do we want for our students?
- Not limited to academics
How can we accommodate both?
Operations and Maintenance & Physical Plant Needs

What to Expect at this Workshop

Overview of the Governor’s Proposed Budget
Tax Cap Calculation
Factors Influencing Budget Development

The Executive Budget Proposal

For the second year in a row an improvement over what we have come to expect – welcome news
Continued commitment to fully fund Foundation Aid (*BUT . . .)
No mention of eliminating or combining expense based aids (*BUT . . .)

AN OPPORTUNITY:

The budget as proposed coupled with current COVID funding continues to provide opportunities to address student, staff and facility needs, and plan and prepare for future years, when current funding sources are no longer available.

Foundation Aid

Foundation Aid Phase In 2020-2021 $464,711 2021-2022 Increased to 60% $806,305 2022-2023 50% of remaining $271,824 2023-2024 Fully funded $271,824 Total = $1,442,140