So that um extrapolate that across all of our teaching staff and that's about a $1.1 million increase. Um those happen over the course of time, but they are they are important and they are realized expenses that we have. This slide gives a synopsis of historical state funding uh typically in the ED fund as I mentioned the middle column locally local property tax for the operations fund the totals between the two per pupil. And I have this on here to to share. If you look at the top right compared to the bottom right, the shift that's happening between funding from a state level to a local level, 68% to 32% to now 58 to 42% from state to local. We are certainly in BCSSE not alone with the headwinds that we are facing financially. These are some snips of headlines across the state that have been um in the media here recently and uh certainly many school districts across the state are going to be facing some challenges and some important decisions coming up.
We don't vote and say yes, these are the changes you have to make. This is what you presented to us to get to the number. We say yes, we accept that, but you're free to make changes within that number or if it increases the >> That's not No, that's not in my experience. >> Oh, okay. >> No, not at all. >> But to Carolyn's point, as things change, um there will be like if the numbers end up being different like it's it's leadership to to respond responsibly to that. >> Yes, with with the notification to the board, but that's never happened in the 8 years where they were like, "Oh, it's not going to be 3.96 or we're not going to have to get rid of PD." That's never happened. >> Nope. >> Ever. >> I wasn't anticipating it wouldn't be 3.96. I was anticipating maybe I'm I'm making up a thing here, but maybe >> you're saving on I don't know.
That brings us to that next question is is really like how do would you prefer to learn about the student rights and responsibilities? So again, um we see that the bulk is email. Um and right, sometimes, you know, those of us sitting there are like, "Oh gosh, another email." Um but what we talked about that is is right, kind of that email campaign. How do we work closely with our building administrators to highlight some of these things that feel natural, right, during the school year? October is um national, you know, anti-bullying harassment month. Is that an opportunity where we can come up with a communication, you know, blitz, if you will, to really highlight what's rooted in policy and procedure around bullying and harassment? So those are the conversations that we're starting to have so that this becomes more than just kind of a a once-a-year kind of thing.
This slide was provided by policy analytics. You've seen this in a recent executive session training session. Uh this captured what is the projected net assessed value decline in 2027. Again that is I'll be clear that that is net assessed value. That is not gross assessed value. U our our our community's homes will not expect to decrease. That is the realized net excessed value that we capture um due to property tax reform. Bartholomew County is especially to be hit hard uh because of the implication of personal property tax um deductions that are in place starting in 2027. Next two slides are um expected uh projected loss. This one's a a legislative services agency, a nonpartisan group that put this together. If you look on the right hand side um by calendar year, the expected losses as a result of SEA1 property tax reform. And then this second slide was provided actually to the county from a a party that they had worked out worked with rather um that that shows the estimated um decrease nearing $10 million over the next couple years.
This >> Again, electricity maybe comes in Oh, up top there, right? Instead of Isn't it somewhere? Electricity maybe? Oh, the solar, right? Maybe Maybe instead 30,000 it comes in at 50,000, so we don't have to get >> said we wouldn't know that until we We don't even know if that's a real number because that's based on the solar panels that they're built that they just started the construction on. So, we don't even know when that's going to be done. >> All right. >> Um So, that I had raised a concern about that. We we just kind of picked that number. I'm not saying it just >> Right. >> set 30,000. >> We we did speak with uh the first selectman about that and and uh Marsha and and this is a conservative figure. Uh everyone felt comfortable with that. Um that that this would be okay to put >> Right, but that's not going to change before referendum.
And then same thing with our student uh rights and responsibilities kind of questions here is right again, did you know that your school has a document? A lot of them are saying yes, do you know where to find it? Some are feeling saying yes, some are saying maybe, some are saying not so sure. Um but the question I really want to highlight here is is right question number five is really powerful. Is there at least one adult at school you could go to with questions about rules or responsibilities? And to me that really kind of took us back, right? To the one trusted adult. it's really nice to kind of see that common thread, but again, knowing that we we always will continue to have work to do. And here's that same question for our students of how you would like to learn about the student rights and responsibilities.
I have this slide on here um at a high level basically to make the point that uh we are making adjustments now. So these are anticipated and realized reductions through staffing attrition and some other adjustments. And um just for my own definition on here realized an example of a realized reduction would be uh for example we had a a staff member in the business office that had taken another role outside of BCSSE and we did not refill we did not backfill that position that was absorbed with another staff u that was back in March. So that's a realized others would be um an administrative position through attrition uh that would be anticipated that we would uh realize then next school year um as those adjustments are made. But again uh we are not in a wait and see mode here in BCSSE. We're making adjustments now to help pave the way for what we are anticipating as current reduction expected reductions in 2027 by fund.
>> Okay, I understand that. Right. Right. >> That's contingent on the solar panels at the high school. >> But if it did go up next year, we might be able to invest some in professional learning. Right? And and because we now have a little more money here and that's I guess what I'm saying and it'd be my job and coming upon me to responsibly keep bringing that forward to you. Like, "Hey, we have a savings here. I'm thinking about using it over here. Is everyone okay with it?" >> But that's after the budget. >> Yeah. Yeah. Right. That's what I was clarifying. >> goes to referendum, we vote on a budget that we're presenting. >> Until we did vote if the actual items change. >> No. >> Correct. >> Well, okay. >> I think that we're going to revote on it. I think we need to vote on the 3.96 cuz we haven't voted on it.
You know, presentations of course, um you know, really kind of hands-on. Um something that we have been talking about a lot too is that short video aspect. You know, um we've heard from, you know, our student board members in in meet past meetings about how to capture some of those podcast type things. Um and those are the exact same conversations that we're having right now with such a comprehensive document. How do we make those, you know, quick takeaways um to root it back into something that that they are using in their daily lives. All right, and then future focus. This really kind of brings us us to the end here and then we'll open it up for questions. Um you know, the biggest ask and now that we've gotten this document um you know, kind of into a a uh a living, breathing, you know, if you will document.
And those are estimates. They're estimates only now. They will adjust and they'll move. So, as we as we bring these budget workshops back to you uh for your review over the next few months, those will adjust. But we are very early in 2026 as you well know. And that's our current state. Again, today we'll talk about the operating referendum. And now I will shift into talk about the operating referendum exclusively. So this this graphic you're familiar with. This has been on our website since 2021. explains the actual um expenditures and budgets and how the funds have been spent through the operating referendum thus far. We just update it every year and publish it to the website. Moving ahead into funding for 2027 and beyond, you can see the 2026 column. If I excuse my toggling here, but you'll see that those figures match there for the 2026 budget at 10.735 transferred over here to 2026 and then the 2027 budget at about 9.8 to matching that reduction of about $900,000 by removing two of the categories that we would fund through the referendum.
>> Right. >> Mhm. I would agree. >> And then >> No, I I'm in I'm in agreement with that. My only thought was that >> Is if it changes. >> Right. That's what I mean. And if it does, that's great, but >> maybe there's other, you know, staff staffing changes that occur naturally in the organization. I mean, those types of things would then be reconsidered in this list of >> So, what we vote on tonight would be what we're presenting to the taxpayers. And our understanding is what we agree on the things to cut. >> Yes. >> Understood. Okay. >> Does anybody have any other No, no, you have questions? Does anyone Does anyone have any other questions for Erin? >> I move that the board um adopt the budget as presented by Superintendent Freese at 3.96% to be presented at referendum. Mhm. We have to have and It's right there in green.
Um we hear the ask from our families, we hear the ask from our students of okay, this is great, but how do I get a condensed version that's really focused on like high school? That's really focused on what this means for me as a junior high student, as an elementary student, as a, you know, special program student, whatever that may mean. So the conversation has really become about now that this is kind of our our guiding document as a as a district, how do we take that, pull it out, and make maybe an elementary specific, a junior high specific, a high school. Um when we talked about that with our building leaders, there was a reaction of like, "Oh gosh, don't take it away. Don't take it away." because our building leaders have become pretty reliable on this of, "Let me see what rights and responsibilities says.
and a 2% um add of inflation to all the other categories. Uh for the most part, the SRO's are about 1.5 due to some historical data that I had, but mostly those are 2% increases across the board. Otherwise, um I'll also point out the $450,000 estimate of levy u excuse me, license excess tax on the top. That's an estimate based on our um historical um levy that we've been able to realize through the excise tax. This slide is the bulk of the proposed operating referendum budget. So I'm going to explain this by column as I go through here. The the far left column is obviously the years moving ahead the next eight years. The second column the amount needed. Um, if I excuse my toggling again, but I go back to the previous slide. If you look at 2027 at 9.8 to fund those continued categories that's transferred over here and then added roughly 2% each year moving ahead.
It should be. >> 57636 >> Carolyn, you want to do the motion? >> I can do it. >> I'll do it. >> Thank you. >> Yeah, yeah, yeah. No, I I I understand. Um I move that the board approve the budget as presented by Superintendent Steven Perisi at 3.96 in the dollar amount of 57 million 636,000 $455. >> Second. >> All right. So, we've had a nice discussion on this. Well, we'll call to vote. All those in favor of uh the recommended budget by Superintendent Perisi, please indicate by saying aye. >> Aye. >> Any nays? >> Nay. >> One nay. All right. Five to one. I got that count right. Five to one. Okay. All right. We'll move to the next order of business, special education ad hoc versus advisory committee and a possible motion. >> Yes, so thank you and we heard a little bit about this at public comment as well.
What does it tell me to do?" So, we're not going to get rid of this. There's been There's been too much work done to do that. But, we we do hear our community and we want to make sure that if there is an opportunity to pull out those most critical relevant, you know, items that we can make that, you know, comprehensible um and more user-friendly. So, that's kind of a conversation that we're having as we go into summer and what that would look like for, you know, beginning of next year. Of course, the ultimate goal with this is to make sure that we're not just regurgitating policy. That's what the the board policy has for us online. It's taking that policy, applying it to administrator procedure, and then really getting into, you know, those those details in terms of definitions, application, um and consistency. Anything else you'd like to No, I would just say uh the one thing I would say is that what we learn about from our schools is that if I have two kids in elementary school trying to sift through junior high information or high school information, you know, can be challenging.
The third column that was the anticipated property tax revenue at 14.9 cents in the current year of 2026 and then moving ahead to 15.6 6 cents um starting in 2027 and beyond. The anticipated total revenue that's just adding $450,000 as I mentioned previously of excise and then the delta indicates the difference between total revenue and the amount needed. So you'll see in 2027 uh we would expect to capture a little more than we need, but that quickly turns on its head to even if you look down to 2032 about a million dollar deficit um on the delta column compared to revenue um to what we uh need to spend to fund those those opportunities. And then the far column to the right, those are cash reserves. So about 5.3 at year end from 26 and then a cash reserve draw down um to be able to maintain those those priorities that we have.
Um and uh I would welcome uh different uh opinions or thoughts on this. Uh my understanding when I I looked into this um is that an ad hoc committee is formed to address a specific concern or item. And so, I my understanding was that the board didn't present that we had a specific item that we were forming any type of committee around. That we wanted to have more of a group of community parents, and staff come together to engage in work around different areas that hopefully the group sees fit, but also that we've been talking about, that we want to kind of investigate and look into, and see how we can improve in our area of special education. Um and take all those voices into consideration and account to then be able to bring recommendations to this board. Um so it was presented out to the community that way.
So, I I want to know when my kid goes to school, I want to know what the start time is. I want to know what the bus drop-off looks like. I want to know what some of those other things are. Um and although we can communicate those in multiple um modalities, um sometimes having that kind of guidebook handbook for Fox Chase or for Lakewood Creek or or some of those other things, it still needs to encompass much of the information that's in here, but we can make it very specific to those levels. That does change every year based on your teacher, based on uh a counselor, based on some of those other things. Um I think we covered everything um in terms of uh the the document, the changes, future focus.
Again these are all estimates to be an ending cash balance of about 1.2 by 2034. The back to the middle column that circled item there the 9.566 uh that's an average of all of those years put together. And uh you may be you may remember that when we did our presentation with you in March on the community survey that there was u strong support to renew at that average $9.5 million um levy. So that's reflected here in the in the budget. These are assumptions that I use to to build that. Uh most of these I've I've spoken of. uh one that I would like to point out um which is the fourth model the fourth bullet down in the list uh the structure of those categories not anticipated to change. So what I mean by that and as an example is uh right now our teachers um this is all subject to collective bargaining of course but our teachers receive five 10 or $15,000 pay incrementing increments um from the referendum and I did not modify that as a function of making the budget work if that makes sense.
Um the public, our families, and staff. And people have been uh signing up for their interest in being a part of it as a special education advisory committee. Not >> Oh. >> No, not an not an ad hoc committee. And so when the board voted last, they voted on an ad hoc committee. Which again is, in my understanding, to be focused on one specific thing. So I >> So we want to change it to advisory? >> Yes. So I would I would ask to change it to advisory or if there is one very specific thing, I would retract what I put out and put just that one thing out to people and it would focus only on that until we're done. And then we would decide if we need another ad hoc committee. >> So based on the discussion we had at the last meeting, I feel like an advisory committee is the right way to go.