001very special effort. That's sort technology. >> Yeah, I guess unless you have Just joking. I don't think it's like today we're saying you could check. I'm okay with it as long as you kind of like nod or give me a signal. I got it. Wow. Jesus. presentation mode, right? >> Yes, please. presentation, >> but it will see that screen. >> Yeah, see. Yeah, you just told me to keep it on this. >> All right. 6:5 >> to the flag United States of America and to the republic for which it stands. One nation under God, indivisible, liberty and justice for all. >> At this time we will have a presentation. Capital doodle project 2026. So we have a number of guests with us uh this evening. This is Graham Rich. She's the assistant assistant superintendent superintendent.
002>> Um sorry I should have known that. I didn't know it. >> Um and and team are going to present a proposal for a boss plan. We're well aware of what capital projects look like in our district and how important they are and what they can do when it comes to people infrastructure and maybe making improvements for our students. Oshi is a little bit different. Uh Chumosi serves 27 component districts. In order for them to do a project, we all need to agree with them, which is pretty tall task. So Bri is coming here tonight to talk about what the plan is for their their hope for their next project. Um all the necessary that needs to be done to keep the the buildings operational. And why that's important also say many times between 30
003and 40% of of each cohort attendies at some point in their uh in their in their career particularly CT programs and they also um support our students with special needs. >> Thank you. Good evening. Thank you so much. Can you all hear me if I'm here? Would you like >> Yeah, with the live. >> Right here. All right. So, good evening. Thank you so much for having us here tonight. Thank you for the introduction. >> I'm going to work with a clicker to work through this. So, tonight our main goal is to provide you with as much information as possible to make your decision very easy to pass the IMA. If you have questions tonight, please let us know. Also, this presentation and the financials that have being provided this evening were given to your
004superintendent and business official. So, there are there have been multiple opportunities for questions and we will continue to provide opportunities. So, if we leave tonight, our main goal is that you are comfortable with everything we're presenting. But if you are not, please let your superintendent know. We can come back. We can answer further questions. We really want you to be comfortable with the information and have any questions or concerns you have alleviated. So tonight we plan to go through project development, how we came up with the work we're going to or proposing to get accomplished. We'll review the scope and budget, the payment options. We have Sarah Bradshaw from Bernie Donigan's office. There she is. and she'll be going through in detail your specific financial obligation through this project, our schedule and next steps and
005the action that we would ask that you take. We'll also provide time for comments and questions. I'd like to introduce the Erie to Boseis team. We are all deployed to different districts. As Jeff said, we have 27 component districts. So, Dr. and I have split up the different districts and are attending each board meeting as we can to make sure everything works and we're there for as the schedule works. So, he can't be here tonight, so stay with me tonight. We also have Mike Carter, our business executive, who is with us tonight to answer any questions you may have. And Ron Wasik is not doing the board visits, but he is the person that is handling all of the details on the ground for Erie 2. He is our director of management services and operations.
006So if you have a very detailed question about the specific work, he would be the man that I'm going to if I don't know the answer readily or one of our team tonight. And with this, we have another slide. I'm going to go back to one second. We have another slide that we um removed because it was the huge team from each of the different partners we're working with. So tonight, I just want to introduce the individuals that are here with us to help answer questions. So with that, we'll start with Nick Humphrey from campus. I think he's a familiar face. Nick, can you then kick it off to the next person? >> Uh, Mike Carter, uh, director of finance at Chibosis Bradshaw, vice president, >> and Christina Weber, young architectural. >> First, we want
007to say thank you to all of our partners. Once again, we have 27 component districts. We really try to look at this as a partnership. Tonight when we present the financial options and the steps proposed for this project, I hope you will see that we tried to do this in a way and structure the project in a way that would be the most um satisfactory to our districts and help us get the work done while taking into account all of the factors that you have to be able to help provide us with this project. Our capital project goals that you will see there is absolutely nothing flashy in this project. Our goals are to maintain warm, safe, and dry facilities for our students in the region. We are doing some work that has to do
008with safety, but other than that, it's sidewalks, roofs, um it upgrades in the buildings. So, to develop this project, we had a building condition survey. I'm sure you're all familiar with the building condition survey. They came back with $142 million of work identified. That was then split into three categories of work that is a mustdo, work that is a should do, and work that is a would be nice to do item. We took only the mustdo work and trim the project down to exactly that amount of $49.5 million. That is what we're proposing in the project. We've had multiple workshops to prioritize specifically what scope is being selected and we've tried to coordinate all of the work with the maximum cost allowance for every single building to ensure that this project is 100% aable for
009all of our districts. Our capital project committee has met and reviewed all of the work to make sure that we're not doing anything that is unnecessary. We also developed a long-term facilities plan. There's one piece that was integrated into our New York state ed building condition survey and that is we had safety reports done by Don Schmat. He's been to many of the schools in our um in our region. Those safety reports came back to some upgrades to some technologies, some secure entrances. That work was integrated into that building condition survey. Some of it made it into the mustd do work. Most of it is in the would be nice to do or future work. So this is the scope summary you're going to see broken out by building. I'll give you a moment to
010review this slide. Once again, I want to point out all of these items were coordinated through the years of the project to fit specifically into the maximum cost allowance for every single building with our primary goal of this being 100%able for all of our districts. We will have time for questions at the end, but if anybody has anything along the way, please feel free to stop me. So, this first slide outlines specifically the IT concerns that would be addressed by project placing fire alarm systems, replacing public address systems, replacing phone systems that would happen at all of the buildings. I want to point out as you look up here, sorry I'm a walking talker. As you look up here, each of these buildings are the sites we specifically own. We are not proposing any work.
011I know some of you may be very familiar with our project with our programs. We obviously are not going to do project work in a program in a building in which we rent or lease. So this these are facilities that are owned by this is the work proposed at the Luis Educational Center. And this is the work proposed at the Hughes Educational Center. >> What does it mean by pool infill? You're filling it in. >> A lot actually. >> Yeah. >> Filling them in. >> They're underutilized. >> Yeah. >> Cost a lot to maintain. >> Yeah. >> Okay. It's not the question I was hoping for. I've had one board member ask me what repointing means and I know that one like I have it down. I had to ask that myself. But >> well,
012Cheryl wants to have a full belt dealer here. >> I'm a former short and a former show. So, but I just was catch I think that means filling it in. So, >> we still are maintaining most of our pools in our facilities, but we have some that aren't used and we have some that are more a therapy situation rather than a large pool, which makes a very large pool very costly to buy. So, work proposed to someone. >> That'll bring us to the budget. And before I turn it over to Sarah from Bernie Dunigan's office to go through your specific financials. Wait, wait, wait, wait. Sorry. >> On the next slide. Hang on. >> Can you still see it? >> You're going to have this by the time we go to 27 districts. school is
013so seamless, guys. You are just district. >> All right. So, I just want to highlight a few main efforts before we turn it over to Sarah and just make sure that all of these points are understood. >> We I said this twice before, so I don't think you need to hear point >> sorry >> one again. >> The second part, we are utilizing the IMA. So, I just want to outline what that means by going to an IMA, an intermunicipal agreement. So there are other ways for mosties to get capital work done. You have your capital charge annually. We have the IMA option or we could go out to a more public boat in regional regional spaces throughout the Bose seats region. We are choosing the IMA option and coming to you asking you to
014approve the IMA because by us going that route, it gives all boards the ability to borrow. So I'm just going to say that again because my words got a little jumbled there. So by you approving an IMA boards then once they have that intermunicipal agreement can choose to borrow which Sarah will outline the different options. It was really important to us that we do that that way and get every board to approve the IMA because we really want that partnership with boards. We don't want to go out and do this in a different way. For instance, when we up our capital charge, that isn't something that boards have approval over. So by doing it this way, we make sure that everybody is on the same page. Everybody has the information they need and it makes
015it so that districts, which we do have a few that will need to borrow to be able to fund this project. So it's helpful to everybody if we can do it this way. I also want to out outline one key thing so that you know it right from the beginning because I believe in transparency. Currently, you've had a $2 million capital charge every year. Bose test, not you specifically. So we've collected $2 million to maintain our facilities. You're familiar with capital outlay projects in a district. I think of this in the same way of both obviously without the aid flow because we're both. But we have that $2 million that helps us maintain each of our facilities. During the course of the larger project, we will not be use utilizing or pulling that $2 million
016that goes into that larger amount you're paying each year. But then after the project, the thing we're trying to land at is $2 million with all of the fa facilities and square footage we currently maintain does not allow us to keep up with the big needs that we have. If you think about the cost of a roof, if you think about the cost of parking lots, that's not that much money considering all of our square footage and facilities. So our hope is we start at $2 million right now. We do the capital project and then after the project is over, this part I want to be very transparent from the beginning on, we plan to level off at a capital charge that is around $5 million. So that when we level off to a $5
017million capital charge, I'm not standing in front of you again in five years going we need to do another huge project. That's not me saying I'm never going to come back and say we need to do another big project. But it is me saying my hope is we will be able to maintain our facilities at a higher level more regularly so that when I am coming back it's a smaller number. That is my hope. >> Any questions rel 2 million or 5 million is spread across 25 districts. >> Yes. >> Okay. >> Yes. Right now the two million and then at the end that I'll turn it over to Sarah. >> Okay. think I thought I was done, but I think we're good. I am also mover, so if you need to direct me back
018to the microphone, please feel free to do so. Um, again, Sarah Bradshaw attorney Donigans office. We'll go through some of the same information. Again, we're going to highlight um the options of authorizing ais project. I'll try to tie uh what it sounds like you have done some projects and are familiar with that process. So, we'll tie what's different and what is um similar to your own projects as well. So, once the scope is kind of ran through, they know what the project is. We're at 495. What does that mean for all of our component districts? What we need to start with here is how that breaks down and really um translates to our districts. So, we use the 2526 Arwatada percentage. That is the most current actual Arwatada to break the 49.5 down. And again,
019these are all the districts. We'll get into specifically your dollars um in a different uh report here. This does not change. You're locked in when the IMA when you get that inter municipal agreement to look through this dollar amount as well as breakdowns in there. So once we have the project, we know the 495 and the share of all the component districts. We need to see what our authorization process and options are. So this is where we talk about the intermunicipal agreement, the IMA. There's also the Gasmi option. Same program as if you're familiar with from your home district. It's a different financing mechanism, but same uh program um with an intermissal agreement that does require um the board, all boards to adopt unanimously. The IMA does not require a vote, a public vote. If
020you go DSME, it is a votewide vote for the community. um in the inter municipal agreement and this is really what we're going to highlight the large difference um and really favorable to all component districts. The flexibility of how you manage and pay for your shared project is solely less rest with you and what you're able to do. If you're a district that can pay cash for those and avoid any interest expense, you can do that. If you're someone that does need to borrow, the term is up to you, right? So, um legally you can borrow up to 30 years. Um, if you go through DASME, it is a borrowing. Uh, but everybody looks the same. If chooses to go forward with a 20year bond, you're all paying back the bond for 20 years, whether
021you have cash you could have put towards it or if you want to pay it off in 10 years. So again, there is still borrowing option in the IMA. It's just your flexibility on what works best for your local share. And this is again a lot of the same information we just went through. um both of them impact your tax cap, your calculations. So again, that is why the IMA option uh really works well for the component districts. See how that layers in with your own local shareholding you have going on in our own district. Okay, so uh from there, this part's pretty similar. We need a cash flow to see where that 495 uh comes into play when the dollars are needed. Um so in this case we have our first payment hitting the
022July 15th of 2027 for the 2728 fiscal year. There are five payments um fairly level along the bottom there. You can see the 495 is starting at 9 million 10 million for three years and then ends at a 105. Um jump in. Yes. >> So part of why we ended at a 105 instead of 10 was because when we go to that $5 million capital charge some districts who have been borrowing will not be able to borrow. So by ending at a slightly higher amount, we're hoping that aid flow will help them move into that $5 million capital charge at a higher level, >> right? Yeah. You'll have that aid coming back in to leverage to set you up for that $5 million capital charge increase. Any questions so far on how this is broke
023down to >> the component share that has to do with size of school and the economics in the community that the district in is that how you come up with a >> for the arada >> for yeah your >> resident weighted average daily attendance >> districtwide >> so your your district's resident average weighted daily attempt did I just do the letters in the right order yeah so if the calculation based on your district size and your student attendance that that makes it so that a smaller school is going to pay a smaller portion smaller enroll. >> That's what I thought just by Okay. >> So again, we'll get through your specific uh district, but yes, for so for the 49.5 in total uh is 1.9 for your component share. Again, broken up between those five
024payments. >> Great question by the way. That's when we roll off the tongue arrow. >> I won't ask any more pool question. I pro. >> So, this is there's a lot of information on this page, but really it's just starting to get into um the relationship between the payments and your Bosey's um um aid coming back to the component districts. Um this part does work different than your component districts. You're usually if you're used to doing projects any construction project, which is what this is, your aid is advertised over 15 years. So, you have to wait those 12 15 years to get paid back on the aid. Uh Bose works differently. you actually get aid back the same year you make the payment. So if you're looking to be able to pay cash on that
025first payment, you make that and the aid comes back to you that same year. So you're left with a a net local share each of those those years. If you do finance, it's based off of the debt service for however many years you're paying. Um so if it's a 10-year bond, then you make the payment, you're getting the aid back. So if you're making the payment, you're getting aid back that same in that same fiscal year. So again, this just highlights uh really the flow of that. it makes uh if you do have a cash as an option now I'm engaged to do so other than districts. >> So do we get aided back at our current rate? So is each district different in regards to aided back then? >> Yes, each component district um
026has their own uh bosses are a percentage. Yours is about six. It'll be on the slide up here. Um thanks and if there is any flexibility from year to year sometimes it bounces sometimes not not too much usually. >> So like we have we have districts with a much smaller amount of that they'll be getting back. >> Okay. Um so again now we're getting into the actual financials and just kind of outlining the flexibility and options that um you have and can kind of discuss with your own financial adviser when moving forward through this. Um, again this is with the intermunicipal agreement. You have these options because there is multiple payments for gazzing financing. It's all at once. You borrow the full amount up front and start making payments. >> Can I jump in? Sorry.
027We're getting better at this presentation. So if you're following us in the We learned this last time. This is the other pack. So if you're Yes, thank you. We had people staring at us going where are they last time? Yes. Sorry, Sarah. >> Yeah, we should switch packets. >> Okay. Uh so now we're going to be specifically at that 495, your share of that is the 1.935. So if we're looking at these options, so the 1.9 again, that is the full share, but we have five payments to kind of start breaking that down and making seeing our options and seeing if we can do the cash or if there's borrowing options for us. Your first payment uh would be 351 391 for the next three years and ending at 410. So these are going into
028some options. Again, we'll go through cash, some borrowing options. This is really just to illustrate the flexibility that you have and how you kind of start thinking about layering it into your own um local share what you have going on with your tax cap. So this would be how the cash option works. We do have your five first your five payments here in column A. Again, that bosses arada aid comes back to you that same year and you are based on a 64.1% aid return there. So 64 cents on every dollar of that payment is back to you by the end of that year. Um so your local share at the end of 2728 is 130,000 and then at the end of the five years your 1.9 local share at 719,000. Any question? And just
029a different way to to show a just illustration payment due in July and your aid receipt um comes back to you as your normal to see. So this option is uh we call it our short term our bond anticipation note. Again, if you're in projects and you may be familiar with these terms, but the short-term financing um a lot of time used in the beginning of the projects before you know all the dollars you're spending. In this case, what it does is you can borrow in the beginning of the year. So, you borrow the 351 and at the end of the year, June, when your cash is a little bit more full in the district, you can pay that off in full. So, you're paying a little interest on that, but you're really getting a
030stunned paid for in five years. So it just kind of pushes the payment from the beginning of the year to the end of the year and allows you some flexibility. And again, if it's not a year that that that happens, you are on borrowing, we can just kind of roll it forward. So if you're unable to pay that off, you just roll it into the next payment. So it gives flexibility as well. Um what's nice about the and different about both these projects, you don't just get aided on the principal, actually get aided on your full desk service. you do do have to borrow and have to pay that interest charge on the financing, you'll get aided back on that interest that you're paying as well. So, it does kind of um keeps if we're
031looking here, the cash option, your local share is 719,000. If we go to the short-term financing, it bumps up to 752. So, again, your principal and interest is increasing. However, your book seems to be coming back to you as well. See, just a different illustration. And this would be a long-term financing. If you do need that longer term, you can stay on short-term financings for five years max. By the end of five years, you even need to pay it off or roll it into a bond. Um, so this is really what um just again illustrating the flexibility of what you can do on your own district level depending on what you have going on. Um, in this case, we have just a straight kind of schedule. If you look at column E, bottom line, uh,
032local share is a little bit over a million dollars. Um, each year that's roughly around 70,000. So, if you're a district and you either have a drop off or you only want to to think that you can absorb a certain percentage of tax levy increase, you kind of back into that number, that may be a 10-year borrowing, right? So, if you can, if that 70,000 is too much to add on, you can stretch it out um to 30 years. That's a kind of legal period of how willing for it. Um so again just the flexibility different ideas to kind of start think about just to remind you um if you're paying that service you are getting a back. So if you do take a 20-year bond out that's as long as you'll be getting that
033back as well. Any questions? >> That 64% number. That the same number that when we do our capital project, right? >> No, it's different. Our building a ratio is 72. It's different than our >> Why is it >> Why is our post ratio >> Why is it >> just postseason versus building a two different categories. >> Your building aid actually has different um kind of benefits. You're like an extra 10% discount. So there's a calculation then you get different pieces along the way. One of them is an additional 10% that usually is allowed this pregnancy. So this takes us to our schedule >> maybe. Thank you. >> So this timeline we are obviously presenting right now. Our board will adopt the IMA on April 15th. We are asking if you can support this project and
034approve the IMA anywhere between April 16th and July 1. That will allow our first component payment to be due July of 2027. And I'll go through when the work will actually be happening. So, one thing I just want to point out, part of why we did this window of three months is if any boards choose not to approve the IMA, then we cannot go forward. We need all 27. So, while we're here, I'm sure Jeff and I will talk more, but if you have further concerns or you you have any questions, the one thing we're asking for is transparency and partnership. Let us come back, let us talk about this questions with your superintendent, with your business official. We really want to make this work for everyone the best way possible. This will show you
035when our design phase will start for each site and when the work will actually take place. Oh, sorry. I was not standing in front of the microphone. Sorry. >> I just have a random question. I used to work um I worked at Ormsby for a long time. Um and then I worked at Baker Road my last 10 years. Why is Baker Road considered part of Ormsby or is it a because I think Boseies do they lease that or do they own that? >> Baker Road is a lease agreement for us. >> Okay. Gotcha. >> Yes. And Baker Road does need some work put into the lease agreements. Yeah, I retired three years ago, but I just was curious cuz I I never knew if it was all or if it was lease. So, >> Yeah,
036>> we have to work through our um landmark. >> Yeah, that's why. Yeah. >> So, when you go when you go out to bid, so you got $49.5 million project. So, you're going to do 49.5 million work no matter what. So, some bids come in last year, you're going to find the alternative. >> Yes. Okay. very similar to the cat project. >> I just curious if there's some savings out the back. Maybe >> that's a good question for the verboseis but as you saw how much they have just like your district right you know makes sense but certainly discussion is good to have >> and at this point the way the project is structured we trimmed and trimmed and trimmed and trimmed and originally when I spoke to superintendent we were pitching like we thought
037it would take us a lot to get us 54 million and we went let's get it under 50 so we are very we are asking for what we need Well, hope your bids come in favorable like ours. >> We did a tremendous amount of work to make sure everything can MCA similar to how we set up your project. Make sure that we do it responsibly to get the most. >> Any further questions? anytime before July decides on both of you. So, >> okay. >> I I I do want to uh want to commend you and your team. We've been talking about this project for a long time and I absolutely support what was said that it they it took a lot of wants something which and just like we do and we'll do for our
038next project must the original number I don't know what it is and we're not going to even say it out loud here was much larger than than what's presented to you today. um the at least in the room the 27 superintendent support this project and all the work that that we've done at 16 you know managing when you know we got to take that any questions for me in regards to this Frankie and I have obviously looked at these numbers quite a bit where it's not next year's budget it's the following year budget where this will have an impact which is important for our next presentation thank you appreciate you being dinner and being to all the partners of law. And your son decided to be a really great opportunity for your young man. >>
039I told him after he watched his mom do this 20 times, the last one I'm going to go, you're up. This is a beautiful space, by the way. I don't know who your construction manager was, but great job. >> Very good question. eject it. >> Did your mom you about this stuff on my last several years? Yeah. Her and her son knows each other. Thank you. Yep. Okay. So, the fourth budget session for the 2627 school year. Um, so this presentation will really focus on a really in-depth review of expenditures as well as revenue and kind of where we land right now with budget gap. Okay, so for tonight's agenda, a review of expenditures, a review of overall revenue, um, a discussion on how we can further close that budget gap and where we sit
040currently, um, our reserve usage, talking about what a contingent budget would look like. Um and then lastly, the propositions on the ballot in May. Okay. So, if we look at expenditures broken down by major expense categories, starting with salaries, um we are looking at about a $250,000 increase year-to-year. Um what you'll notice is the actual expenditures in 2324 and 2425 are almost $2 million less than what we're proposing um in the for the current school year. as well as for next year's budget. Uh the real reason for that is because in 2425 was the last year of the COVID um expense grants from uh the federal government. So the American Rescue Plan um so not that you know salaries have actually increased by 2 million, but what the general fund is paying for those salaries
041has increased since it's moved off of the grants and onto the general fund. um equipment. So equipment increased of about $40,000. Um again, if you look at the 23 24 and the 2425 actual expenditures, you'll see that the expenditures are a lot greater than what we're budgeting. And the reason for that is when we build a budget, we include the proposition number one or what our general fund is paying for. We also have proposition number two, which we'll talk about a little bit later, which is our capital reserve for bus purchases. So those expenditures don't sit in our general fund budget because they're voted on separately. And should that that proposition go down, we don't buy the buses, but when we look at our actual expenditures, that is reflective of those bus purchases because that
042capital proposition was approved and those those buses were purchased. So that's why the the actual expenditures are so much greater than the budgeted expenditures for equipment, equipment or contractual an increase of about 300,000. Um so we had talked about this last week. Um a large portion of this is related to increased legal expenses um increased uh property insurance and increased utilities. So I think can think think we can all agree that on a personal consumer level both our insurance payments and our utility bills have kind of skyrocketed the last couple years and we are seeing that as well on the district side. materials and supplies an increase of about 50,000. Um so similarly last week we had talked about this is really related to inflationary increases in classroom supplies and office supplies as well as
043this includes a new reading program and a continuation of those WAD kits. So a couple of budgets or um board meetings ago we had a student come in with a robot that he had built in computer class. those were a WAD kit and so the continuation purchase of that curriculum is built into that material and supplies for next year tuition. So this you can see a large uh difference between last week and this week. Um so really dropping that down to actually a decrease of about $20,000. Um, a lot of that was just looking at actual tuition rates for the current school year and seeing how um how much they increase year-to-year and looking at trimming those as well as um movement on to from tuition from outside placements to um Boseies. So just placements
044in a Boseies classroom rather than um like an outside service placement. So Boseies um an increase of about 530,000 of that 530,000 about 433,000 of it is related to special ed placements. Uh the other other 100,000 is really related to increases in software costs or uh Bosey's costs. Um our capital charge although that's not increasing sign significantly year-to-year um it does increase a little bit each year. So, just that other 100,000 is really related to the year-to-year increases. Our benefits, um, an increase of about 250,000. Really, this is related to a 10% uh increase in our health insurance that we are estimating. We're still going back and forth with Univivera, but that's kind of where we're estimating to land. Um, it also includes a 2% decrease in workers comp premiums as well as a decrease
045in the employer contribution for teacher retirement system. Um so we pay a percentage of all of our teacher salaries to the teacher retirement system and that uh rate is decreasing to about 8% next year. Debt um so similarly this year we had increased debt payments which were offset by increased deferred building aid um which was a one-year increase. Next year we are anticipating that building aid to drop off as well as debt to drop off so they kind of offset each other. And then transfers about a small increase of about 20,000. This is for our uh cafeteria school lunch program as well as our extended school year or summer school um special education program. Uh the district or the general fund pays a portion of those operational expenses. Okay. So this is the exact expenditures
046uh just broken down a little bit differently. This is by uh major program category. So you can see that our general instruction is actually decreasing by about 229,000. A lot of this is related to retirements that we received uh for next school year um and the breakage that the district would see uh based on those retirements. Uh this includes like our general instruction, um our teachers, our programs, our um building principles, and then if you look at our special education instruction, this is really where a lot of our um year-to-year increase is related to is uh about a $750,000 increase. Pupil support services, so a decrease of about almost $40,000. Uh this is our guidance, our nurses, our psychologists, social workers, co-curriculars, and athletics. So kind of everything outside of the normal purview of instruction,
047either gened or special ed, building maintenance, uh about 150,000 increase there. Again, this is our buildings and grounds department. So, this would be um all of our staff in that area, any service contracts they have with outside agencies for our HVAC system, um that kind of thing. Student transportation, um about a $250,000 increase there. General support. So, this is more of our district level operational expense. So, our district office, our business office, our legal expenses, um our public relations um expenses, central printing, property insurance, um anything district level. And then employee benefits and debt service are the same breakdown as the previous slide. Okay. Okay. So, if we look at the other side of the budget on the revenue side, um state aid, we are anticipating a decrease of about 800,000. A majority of that
048decrease is related to that drop off of deferred building aid. Um this is reflective of a 1% increase in foundation aid, which was included in the governor's executive proposal. Um the state budget is due uh April 1st. We are not sure if we're going to have an on on time budget this year. Um, but right now built into this model is the 1% increase that the governor's proposal did include. Our federal aid remaining uh stagnant at 100,000. This model shows no increase in property taxes um as we have that further discussion. Other tax items are our payment in lie of tax. So, kind of our solar farms that are not on the tax roles through the town but pay the district separately out of pocket um for their properties and as well as interest and
049penalties on any late payments for school tax bills when they come out in October. Um Erie County sales tax. Uh so a bona contention um this is really driven by consumer spending. Um so as consumer spending increases um Erie County collects sales tax and then they distribute a percentage of that sales tax out to every school district within Erie County. So as sales tax increases hopefully then the districts um that are located within Erie County would receive more sales tax revenue. >> All of Erie County. Yep. miscellaneous revenue. So this is our interest and penalty or our interest earnings which we know are going to start to decrease. We'll talk pretty heavily about interest earnings and the effect on the budget a little bit later. Um it also includes fees that we collect for the
050use of facilities, um sale of equipment, sale of excess materials. Um it kind of fluctuates yeartoear. And then uh fund appropriated fund balance staying at uh that lower threshold um again because that's our savings account. So once we spend it, it's not there for future use. And then reserves. So you'll notice that this is a little bit higher. Um I think last week it was 1.35 million. So bumping it up to 1.63 million. Um and I'll kind of break down what that um that total is and uh related to each reserve. Okay. So, if we look at the budget gap where it currently stands, um based on a a 0% tax levy increase all the way up to the tax cap of 2.52, uh we're looking at about $1.3 million budget gap all the way
051down to about a little over 900,000. Okay. Okay, so a breakdown of the reserves that were used in the previous slide. So that 1.632 million. Um so really this top section as well as the bottom one, the 400,000 are the reserves that are allocated for the general fund. Um so our workers comp reserve, our unemployment reserve, our ERS, our TRS, uh which are both our pension, our employer contributions to the pension system, as well as our ELAR. Um so for employee benefits when um someone retires with a sick leave uh balance that is paid out we use our EBLA reserve. Um so the one thing I wanted to point out here is our TRS reserve. So you can see with our projected balance at the end of 2627 is down to about 138,000 with the
052elevated amount that we are I'm proposing to use for next school year to offset that budget gap. Why that's important is because TRS the TRS reserve we can only contribute 10% of the maximum of our TRS wages into that that reserve total. So it the maximum funding that reserve can be is about 1.27 million. The even more important part is that we can only fund it 2% of our TRS salaries in any given year which is around 250,000 per year. So, by spending 450,000 of it next year, it's going to be it's going to take us a few years to build that reserve back up since we can only fund it a certain level each year, >> but the costs don't go away. >> Correct. >> And then lastly, that middle section is our capital
053reserve uh for bus purchases. So, that is voted on as a separate proposition. So, in total, we're using suggesting to use 2.2 million, but really only 1.6 six is used to offset the general fund budget. Okay, so I hope I don't lose you here because this is a little bit a little bit more in depth. Okay, so if we look at the historical reserve usage um going back to 2019 2020. So this is the actual levels of reserves each given year. You can see that since 2019 2020 the actual levels have increased which is great. But the top three sections, so that blue, that gold, and that gray are our capital reserves. So as you go from 2019 to 2020 all the way up to the estimated amounts in 2025, 2026, you can see that
054the district is really prioritizing putting money into those capital reserves. And that allows us to do a capital project with no taxpayer impact. So that's kind of been any year that we have had um some excess funds that we were able to fund a reserve, we have been focused on putting it in the capital reserve. So it becomes a larger portion of our reserve balances. So in n in 2019 2020 the overall reserve balances were 11,219,580. The estimated 2025 2026 balances were $12,98,13. So definitely have increased. That increase is about 978,000. Of that 978,000, 666,000 of it was interest earnings. So majority of that increase in reserves has come from interest. So why that's important is as we see interest rates start to come down we won't be able to save more and more money
055to our reserves going forward. So just for an example in 2425 our general fund interest earnings so separate from reserves were about was about 750,000 before interest rates started to climb in 21-22 our overall interest earnings were 5,224 so a pretty significant difference of about 745,000 Okay, so the top section is similar to the last slide, but this is only our general fund reserves. So the reserves that we can use to offset the general fund. You can see that the actual balance has decreased a little bit since 2019 2020 really because the district has focused on putting additional funds into those capital reserves. So this bottom section it's a lot of numbers can be confusing but if you focus on the estimated 2526 column all the way to the right you can see that we
056are estimating this is the difference between the money that has set aside each budget year to be used out of that reserve less any money that we are contributing back to the reserve. So either at the end of the year we transfer and we fund that reserve plus any interest that that reserve earns in that fiscal year. So the difference between what was used and what was replenished for the 2526 year we're estimating to be about negative 81,000. So we used 81,000 more than we replenished. 171,000 was actually earned interest in 2526. Meaning that if that interest were to go away, we actually would have used 250,000 more than what we what we would have replenished. I hope that makes sense. Okay, with all of that said, what would a contingent budget mean and what
057would it look like? So, if the vote were to go out to the voters in May and it doesn't pass, the board has two options at that point. Um, you can either go for a budget revote in June, which is already a pre-established statewide budget revote day, which is June 16th, or you can adopt a contingent budget at that time. If you decide to go out for a revote in June and that budget goes down, you're forced to adopt a contingent budget at that point. So, a contingent budget would mean that there's no increase in the tax levy from the prior year. It would eliminate any equipment purchases for next school year. It would eliminate the capital outlay project which is that $100,000 mini capital project uh which next year is projected to be at
058the middle school high school. We would not be allowed to allow the use of facilities free of charge. So I know the town wreck uses our facilities quite frequently. Um we would be forced to charge them for those services and for the use of facilities. It would eliminate school bus purchases and it would eliminate any other non-contingent expenditures as needed in order to reflect that no uh tax levy increase. Okay. So when we talk about the propositions for ba for ballot uh this is the actual piece of paper that the taxpayer would be filling out the day of the budget vote. So line one or proposition one would be the vote on the general fund expenditure budget. It includes the capital outlay and it would include whatever tax levy increase that the board decides to
059adopt. Proposition number two or the second line item would be the use of capital reserve funds for bus purchases in the amount of 587,648. Um and because we would be using reserves or savings for that purpose, it would there would be no taxpayer impact. And then proposition three. So the capital reserve fund for the b the purchases of vehicles and equipment. Uh the current one is expiring. It was a 10-year reserve uh established in 2016 um expiring at the end of 2026. So it would just be asking the public to approve the creation of a new capital reserve project um for bus purchases or trans um buildings and grounds vehicles or equipment um that we could fund in future years to offset those expenditures. And then lastly, there will be um the election of two
060vacant board member seats um on the ballot in May. >> Couple questions. >> Yep. >> Um sometime last year, we approved the new capital reserve. Is that a $15 million? >> Okay. So, anything that's in the current, will that just be transferred into it or will it basically be >> The current one can stay active. You just can't fund it after it expires. >> And that one was much less than 15 million, wasn't it? I mean, that thing was established 15 years ago or so. >> Which which one? >> The the one that's expiring at the end of the >> end of this school year. Yeah. I want to say it was 10 million, but we didn't fund it near that. >> Right. Mhm. >> And then um the last thing in the past we've
061also had another proposition which would be for technology which we don't have to use this year because we have some smart uh smart >> smart schools bond act. >> Yeah. Yes. Correct. >> Okay. >> We do not have that proposition school year. >> So 2627 that proposition will probably come back. >> This this is 2627 the 27 28. Yeah. Um the way we structured uh smart schools that it probably won't come back ever. We are going to start using our general fund expenditure. So building up that general fund level so that when the smart schools bond act money is spent we no longer have to use the capital reserve essentially each year we can spend our general fund budget and save that capital reserve. Gosh forbid we ever have like a catastrophe in technology that
062we need to spend a specific amount of money on. >> Okay. So if God forbid we go on a contingency budget and because both propositions don't all three have to pass, right? >> No, they're all >> they're all individual. >> Okay. >> This one, >> but if we were to go on a continued budget that 500,000 plus for buses, that means we'd be um fixating or betting any buses. >> Correct. >> Yep. We could not purchase buses >> like last night. >> Yes. >> And is that still in effect that we cannot buy a diesel bus after is it this school budget or the following school >> 2027? So next budget. >> Okay. Okay. Can have we or are we going to have conversations um well let's say for example our COVID money did we
063create new positions refresh my memory with that money >> so we did not um the only the only additional position u that we added during COVID was one full-time social worker um and we did also >> increase our librarians at the elementary and GLP to to full-time. That's the only difference. So, when you saw that difference in salary uh that that Frankie pointed out, it's because with the with the we'll call it the co funds, that's what everyone calls it. We were allowed to to supplant and that's what we did. We utilized those funds to make sure our um we had as least impact on our taxpayers as possible. And if you look at our history, we did. We followed through with that. Um but once those those monies are gone, that's why it looks
064like there's a $2 million increase in salaries. That is not the case. There's an increase in salaries of course contract because of contractual obligations, but the real difference is that we're using a good portion of those co funds um for that purpose. And we did also buy a lot of things. We we went on a pretty uh um pretty extensive uh plan to replace um particularly musical instruments that hadn't been replaced in a long time. >> Okay. Can we start taking some hard looks then at enrollment in classes, enrollment in programs, enrollment data for certain >> Yeah, absolutely. And I but but I'm I'm going to remind you too that you've already been doing that work. Okay. >> Right. And uh and I say that because there's been a number of folks who have retired
065over the past years that we have we have not replaced, >> right? Um I've have uh I have enrollment for every class in this district. I have projected enrollment for uh every elective, every uh and every course that's offered at the the secondary building. The question becomes um well first question we we need we need to talk about and I know I'll turn it back over to Frankie in a second is where is this board comfortable with in terms of tax levy scenarios. They're on the screen now. If you if you say we want to go out at 0% first off I absolutely do not recommend that at all. You're looking at a $ 1.3 million budget gap. That's a complete game changer and things would change drastically around here. Okay. Um, if you if
066you choose to go to the cap, and we were successful going to the cap last year, uh, we need to figure out how how to close that $917,000 gap. Um, we could use a little bit more reserves. You know, Frankie was did an excellent job of explaining why we need to be careful with that. Um, we also need to be cognizant that we don't have our final budget yet. Okay. I was in a meeting with Senator Galvin LA last Friday. Um he referred to uh the the budget this year as very vanilla because there's not a lot of policy in in in the budget. Oftentimes when it comes to the budget season, the governor will put in a lot of a lot of different policy things which could be controversial which delays things because the
067House and the Senate may not agree and then there's a lot of lot of negotiating back and forth. Um so there's there's not much of that but it's also an election year so it's done purposefully. Uh the House and the Senate and their and their one House bills have both u um made a recommendation that the minimum increase schools receive is 2%. For us, that's an additional $95,000. Right. Um I don't know, and there really hasn't been much talk if there's going to be any any changes in the expense driven aids, if there's going to be an increase there or not. So, what I say conservatively, um, our aid will will go up probably about by $100,000. Hopefully, our health insurance comes comes in below that 10% that we're estimating, although I think that's a
068pretty good number from what we we we've heard recently. Um, so our options become we look at and and we purposefully, right, we purposefully work through a CBA, incentivize some folks to to retire. Um, this budget is built with with all of their replacements with the exception of one and which is what we currently know. The question becomes, what would what would things look like if we didn't replace some of those others? And I can tell you in some cases it would look really ugly. >> Mhm. >> Um, meaning class sizes near at or near 30, which is something that is we don't want to see. um there would be in certain situations an elimination of some upper level courses or some electives in particular departments. There's other areas where we may be able to
069trim some. So I typically when you're when you do this exercise from my seat, you take a look at what can we do incrementally over time to shrink things without damaging student opportunity. >> Right? >> And so that's the work work that I that I've been doing. Um, and one of the reasons why we haven't posted yet, you know, and we had, we heard just last week an encouragement to post as soon as possible. I'm not going to post unless I unless I have a level of confidence that it's a position we should fill. >> Yep. >> Okay. >> Some good news as far as enrollment. Apparently the prek UPK maxed out this year, which it's been a few years since it maxed out. So >> that's a good sign. >> It did. Yep. And
070and an even better sign is there's full support um from from both houses that the governor's proposal about the increased funding on UPK. So instead of 5,000 per or 10,000 per something to that effect and and that's reflected in here. >> No, because UPK is a grant so it sits in a separate fund. So not not to get too accounting, but it's in the F fund um which is separate than our general fund which is an A fund. So those expenses and that revenue sit separately. >> I I was understanding that today though right now. >> Yeah. But that level did increase. I want to our normal threshold is about 550,000. I think it's increasing to about 700,000 grant next year which is great. Um the light doesn't work. There we go. The light doesn't
071work. Um I know for Boseies like it was a huge increase and you said it was mostly tuition. Is that like our juniors and seniors who are going out to programs or is that more like younger students or even high school, middle school students who need like full day um at separate buildings? >> It's not necessarily our younger students or older students. it's our special education students that require additional services that we just can't provide here at Eden. Um that other h 100,000. So that whole $500,000 increase does include increased CTE. So I believe we're going from 37 students to about 60 for next year which is great. But that's reflective in that that $100,000 different increase. >> Okay. Thanks. And that's just because our students just have higher needs that just we can't >>
072Yep. >> Thanks. high higher needs uh and more certainly more more intense needs but also the tuition's gone up and not just at Boseies and some of our other private uh carriers as well quite a bit. You you have your next step slide up there. You didn't get to that one yet. Stop there. Go back one second. I just want to clarify that proposition number three, creation of a new capital reserves fund, is for vehicles and equipment only, >> not for buildings. >> Correct. >> Okay. So, next steps really would be um figuring out where we want to adopt the budget at. So, what tax levy increase and then along with that is the adoption of the property tax report card which must happen um at the April 20th meeting. >> That's our next meeting.
073Correct. >> Correct. >> Okay. Can you go back to the slide that lists the the different uh different break points 0% 1.75 all that? Okay. So, you know, what whatever column you want to focus on either in the audience or or or as a board member, understand that state aid may go up $100,000. I think that's I think it's probably safe to say that. Um so, you subtract 100,000 from the budget cap at the bottom and it leaves us at 1.2 or 817,000. Um, we don't have really any other means to increase revenue. It's either our our local tax share or our state aid and you being more correct about sales tax than I am. And I hope and I I hope I'm wrong on that. I'm I will stand up here and say you
074were right. Spending went up for some crazy reason even though it cost $10 a gallon to get to the to to do the shopping or whatever it is. Um, and so I mean that's a little bit of a that's a little bit of an unknown and uh as well. So our options are well I've said this many times you hope is not a plan. Our options are h how do we reduce um on the expense side and or where do we use some more reserves? Okay. Now in the reserve scenario you were using I think 450,000 for ERS and 650,000 for TRS >> reverse. So 625 for ERS 450 for TRS >> and then and then your projected B uh balance is you know just over a million dollars and 138,000. Are there limits on
075on ERS and how much we can use? >> Nope. as long as it's at or below what our annual invoice is at >> and at or below >> our annual invoice for ERS. Okay. >> So, obviously can't say we're going to spend 900,000, but our invoice is 800,000. >> Okay. Okay. And so, I'm assuming that 625 is below our current invoice. Correct. >> Right. So, we could look at that a little bit. >> The the TRS one is tough. It's a and just looking at this um from from a mathematical standpoint, we're probably using too much. Mhm. >> Right. Especially because there's a hard limit at how much we can we can fund back percentage >> wise. >> But the bill still comes due. >> Right. >> And right now we we had a decrease
076in the in the percent that that we had. But I can d we can dial back to 2008 or 2011 where where it was 17.9%. It was a huge huge number that really strapped districts. I'm sure Eden was in the same same boat. Um, so we need to be careful there and we may need to rethink how much we're using out of that fund. I just want to say that publicly even though that and you know our goal is is to fill this gap. Um, we've got some liability reserve. We could look at that a little bit and I'm sharing this with the board because I I having worked with them now a number of budgets. I know they want to maintain programs for kids but I I also know they want want me to
077make some hard decisions as well. Um, but that's really it, right? >> That's really it. Okay, go back to that other slide with the with the break the 0% and I'll because that really this really needs to be our focus at this point. Refresh my memory. What did we go out last year? >> 2.58, which was the tax cap. So this year's tax gap is similar, but it's 2.52, >> right? Okay. So this is where we have to have some conversations and you need to offer some direction um because we've got just under a month to finalize our budget. Um hopefully it's on time. Hopefully we we have a state budget on time. It's due April 1st. there. It's been incredibly quiet. Sometimes it's quiet because they because they're in negotiations, but I I I
078I just don't think there's a lot going on with it. Um, and that again goes back to the vanilla budget. There's not a lot of policy. There's not a lot of things. There's not a lot of controversy. Um, my my recommendation is is to go out to the cap. And I've sat here with you before and absolutely agreed to not go to the cap. In earlier times, particularly when we had the COVID funds, um we went out at zero one year. Our financial adviser was not happy with me that we went out at zero, but I it was it was what we were able to do at that time and it was fair to fair to the stakeholders in the district. Um I I would not recommend going above the tax cap. Just as a
079reminder, uh um a tax cap compliant uh vote requires 50% plus one where uh to go over the cap, you would need a 60% positive vote. Um we typically have about a 62 to 64% positive vote. um when we're at the cap or lower. >> Um I would reluctantly agree that the 2.52 is a good number. And I'm I've been on the board 10 11 years, whatever it is. And sometimes some of the numbers um were not as maybe accurate as um we would like them to be. I'm confident these numbers are are scanned many times and so there's not a lot of fat to be trimmed, not a lot of well, let's just round up here and there and see what happens. Um, which is from this seat pretty nice to have that confidence.
080So, I'm I would advocate for the 2.52. Um, you know, inflation is hitting everybody. it's hitting the school district. We need more money to pay for gas and diesel or equipment or whatever else. We know taxpayers, which we all are taxpayers, are getting hit with inflation also. Um but um maintaining program it in my mind is critical. Maintaining class size is is critical. Um, it's honestly why people choose Eden where we don't have 28 kids in a in a first grade or something. So, uh, certainly welcome. Everyone's welcome to their opinion. That's mine. Uh, I agree with Jack. you know, 2.52 is is something, you know, I think this community can can support. Um, you know, in regards to u maintaining class sizes and stuff like that, you know, the increase isn't there. The increase
081is for our special needs kids. So, you know, you can't cut that. And you know how I look at it is right now is we go out at 2.52. We see where the school bud or the uh the budget runs come from from from there. you know, any additional things? I know, um, you know, that the district team's continuing to work and look at things and I don't know, maybe we uncover another 40 $50,000 worth of of savings and then when it all comes down to it, um, you know, we just borrow from the reserves to to make that budget work. Um, it it's, you know, to to see where the dollars are really going, it's it's in it's in special ed. let's let's call it what it is. And to you know have to
082make a bunch of hard decisions um cuz ultimately if those decisions happen and quote me if I'm wrong it's not the special ed that's going to get cut. It's going to be the gen ed that gets cut. So um I know you know there's some decisions still out there postings and things along those lines languages things along those lines. Let's just, you know, see where things kind of um fall as we we continue to work through April 20th. Um see where the see where the state's at and you know, use what we've, you know, done in the past. Let's use those reserves to to do that. So, if I'm wrong, let me know. But that's kind of how I feel. >> Um I'm going to agree with Jack and Don. I think um if you
083haven't been to every board meeting for this school year so far, you know, for the people that aren't here today or even are here, go back and look at all the recognition that was given to various programs, whether it be sports, academic. Um we had a student here that made a robot and an electronics class. We honored the top 10. I mean, nobody wants to see anything cut. And um you know like like Don said I I'm I'm a retired special ed teacher. You know it's special ed was a passion of mine and that is more protected than any gened thing. So, I think if we stay at the 2.52 and don't go over that and these numbers are much more accurate, um, that we, you know, we can save the heartache of things being
084cut that we've watched recognition for all year long here and we don't want to affect any of that. So, that's my opinion. >> Um, yeah, I agree. Sorry. Um, you know, no one no one wants to pay more taxes, but we all live in the world where I mean, we're all hit with inflation. You know, my grocery bills are I mean, granted, I have four teenage boys, but still, they're insane, you know. Um, but everything, you know, electricity, gas, just supplies, everything's gone up. And the same with the school. And, um, that's kind of why I asked the question about Boseies, just because I'm like, that is such an important program. We need to fund and we can't cut that. Um, you know, like Don said, like that's where, you know, that real increase is
085coming from and we need to recognize that and do what we need to do to support all our great programs that we have because that's why people love Eden and that's why people are like they are trying to move into this district. You know, you see all the time like, are there any houses for sale in Eden? I want to move to Eden, you know, and I think that's great. Um, so hopefully >> Yeah, my I'm not from here. Um, I grew up in Elma, but my sister and her husband relocated out here forever ago, raised their children here, and now their children are married, and their children are they're all relocating here, and the oldest great nephew of mine has started UPK here in Eden. Um, it's a place I never thought I would
086end up. Um, I worked in East Aurora for a long time and now it's like I never want to leave here except for maybe to go south in the winter time a little bit, but that's about it. Um, and it's just I don't know. I fell in love with the place when I moved here and didn't expect it, but um, there's just so much good here and we all pay taxes, you know, here. The board members do. Um, I'm single. I don't have children, so I don't have the overhead. Uh, I am a retired teacher and between that and social security, I make ends meet. Uh, I'm not a coffee drinker, so I don't go to Tim Hortons. But, um, I just think it's a great place and I, you know, we'll all pay the
087tax increase for whatever it might be. But, I guess if you look at it in terms of cups of coffee, I'm saving because I don't drink coffee. But, uh, I just think it's a great place and I think going at the 2.52 we can save all the great things that go on here at the district. No, I support the 2.52 for the tax cap. I mean, I agree with what everyone else has said. I mean, as a taxpayer, it's very difficult to see all the increases on all sides of it. Um, but as a school board member for many years, I fought for um mental health services and more things for special ed and for our class sizes being smaller to so it would go against everything I believe to start making cuts um and
088things like that. So to keep what we have and our services and the standards high like we have um I agree with it. 2.52. >> Um no I agree with it too. I asked you that question earlier just so we could publicly get it out there that I mean we've pretty much over the years done all we could do to try to keep things to tighten our belts and to decrease positions as the enrollment decrease. But I think I mean we're getting to a point where there's not too much left up to cut if anything. >> Well, not technically. It's a it's a board workshop. Yeah. I'm happy to answer your question when when this is done. Okay. So, that's that's just the that's that's the rule rules of of a a board workshop meeting.
089Okay. Um, so yes, we we've done we've there's more work to be done, right? And it's and it's trimming around the edges. It's it's you you um directing me to take a look at where I think we can save save more money, whether it's $50,000 or it's $100. Right? So if the and I'm going to say this and I'm and I'm I usually inject humor. I'm not being funny. So if the conversation comes back around to color printing again, understand why those are the things you want me looking at, right? You want me doing a comparison of how much are we spending compared to other elementary schools in Western New York and is there a cost savings there and and what's the what's the what's the costbenefit analysis? What are we losing if that gets
090limited? And if is it is it uh aesthetics or is it really uh something necessary for for the educational program? Um, and I I say that just because we looked at a report earlier today that we we need to dig into a little bit deeper. Um, in terms of programming, we we have a decision to make about about language. Um, which it it could be made for us depending on on what's available out there, but that but we're still going to need a teacher there. We we uh we had a a foreign language teacher retire a number of years ago that we did not replace. So, we've already downsized that that department. Um the other departments we we've already um we haven't replaced a a math teacher that retired a couple years ago. We did
091not replace an English teacher that retired a couple years ago. I think we didn't replace a social studies teacher as well. So the retirements we got are great in terms of breakage, but they didn't necessarily fall in a place where we had a lot of wiggle room anyway. Um so we will have to do some hiring and it's just trying to figure out where we can we can narrow narrow things down a little bit. So we still have a lot of work to do, but we have hope. Hope's not a plan, but hope is hope. Um, we won't know your sales tax. Uh, we won't know the the sales tax result to for for many months. Um, maybe we'll get a little bit more more through state aid, and if not, we'll we'll balance the
092budget. That's our job. >> Yep. >> Okay. >> Do we have an estimate on when the healthc care number might improve? Are they working on it? >> They're still working on it. Last update I got was Friday, um, which got the percentage down significantly, but they were doing one more thing to try to get a a little bit down a little bit further. So, we should hear, I would say, within the next week or so. >> I can say from my own perspective, Univa is the place to be. They're really doing well, at least from >> Well, let's hope they do even a little bit better. >> Yes. Um, you know, a lot of people jump ship from Independent Health and, uh, Blue Cross and Blue Shield and Univivera is certainly helped my budget. That's
093for sure. >> I I can I can attest that anything less than 10% we're doing really well compared to a lot of other a lot of other districts. And and don't forget we we um sometimes it helps our sometimes our our size helps, sometimes it it doesn't in terms of of of health insurance. So, um we have a good partnership with Loi. We've learned more from them in just two meetings than we probably did in the the previous four or five years that I that I spent with a previous consultant. And we have a plan going forward as well to continue to try and drive those costs down. >> Okay. What's our next steps? It's really to adopt the budget and adopt the property tax report card. >> Okay. >> So, trim the budget gap
094as much as possible and then adopt the budget. >> So, when the when when it comes time to adopt the budget, we're balanced and the maximum from the consensus of the board is 2.52. >> Yep. >> And we have to do a lot of work underneath that. >> Yes. >> Okay. Anything else? All right. All right. The next regular board of education meeting budget adoption is April 20th, 2026 at 6 p.m. in the middle school high school library. Um the Boseies component vote vote is April 28th, 2026 at 7:30 a.m. in the district office and I believe that's just our board members, correct? >> Um it it's an open meeting, but it will last about 5 minutes and there will not be breakfast served. H well maybe um there will be another public hearing on
095the budget May 11th 2026 at 6 p.m. right here same place same time um the annual budget vote is May 19th 2026 9:00 a.m. to 9:00 p.m. in the middle school high school auditorium. Boyer um tonight's meeting is adjourned. Oh, do we have that upon the recommendation of the superintendent the board of education meeting be adjourned at 7:20 p.m. >> Second. No favor.