001kept saying yesterday. We need more. heard your presentation. What What makes you think these people are mandated to be here? I mean, there's a smile on their face. I'm in that we're coming over. I want to get done before that couple people show up because I don't know what I'm not going to ask if anybody has questions. We have no public here. You haven't started it yet, have you? Street. So, we're ready to go. Is there anybody out there? Nobody. Good evening. I'm Matthew Van Orman, the proud superintendent at the Red Creek Central School District. And I'd like to welcome everyone to our 202526 budget hearing. Thank you for those that are watching online or uh live streaming later. My first slides will take us through the uh budget vote and election details. The 2526
002budget vote will take place on Tuesday, May 20th, 2025 located in the high school foyer lobby area from the hours of 12:00 p.m. noon till 8:00 p.m. evening. In order to vote, you must meet the following qualifications. You must be a citizen of the United States, must be at least 18 years of age, and you must have been a district resident for a period of at least 30 days prior to the vote. Votes can either be cast in person at the foyer lobby or via absentee or early ballot, which are attainable through the district clerk, Amanda Osborne. In preparation for our budget for the 2526 year, our goals were to maintain existing programming opportunities and experiences while balancing fiscal responsibility with the needs of the district and the community. I'm pleased this year to report
003that no changes uh existed to our no cuts to our programming or student activities. We've been able to add some dual credit college classes at the high school level. We will be adding driver's education at the high school level. And we've been able to expand our district special education programs which will include more in-house programming instead of sending students to off-site programs. At this time, I will turn I will turn the presentation over to Danielle Deviasi, school business official, to run through the proposed budget details. Thank you. So on this slide, we have an overview of the three-part budget um where you'll see a comparison to last year's numbers for 2526. The proposed budget includes 2 621,200 for the administrative component which is a change of $146,96 for 5.9%. The program which is the bulk
004of our budget is $18,24,979 which is an increase of $56,64 or 2.9%. And the final part of the budget, the capital component is4,215,764, which is a decrease of $787,71 or 15.7%. Again, this is largely due to a fall off of aid um which also has a corresponding falloff in expenditures for our budget. Overall, the proposed 2526 budget is $25,41,943, which is a decrease from the current year budget of $134,321 or 0.5%. So, as Mr. mentioned, the proposed budget maintains our existing programming. It also includes a $100,000 transfer for a capital outlay project, which is a sort of mini capital project that helps us keep up with For the 25 26 school year, this is allocated for uh scoreboards and acrew improvements, which is really to reduce excessive sound to increase our ability to properly supervise
005students. For the 2526 school year, um we have the following breakdown of our revenues for state and federal aid. We have an estimated $18,126,981. It is important to note that with changes to the foundation formula, we are seeing a decrease in this component. For our tax levy, we are proposing 5,295,462 appropriated fund balance $400,000 and use of district reserves $350,000. Um there is an inter fun transfer from debt service for $100,000. This will negate the net impact of that debt falling off and other miscellaneous revenues totaling $769,500 to get us to our overall budget number of $25,41,943. So for the tax levy, I mentioned on the previous slide that we're proposing an increase. Um in the 2425 school year, it was 5,110,949. The proposed levy is 5,295,462, which is an increase of $184,513 or 3.6%.
006This is what we call tax cap compliant. So it um only requires a simple majority or 50% to result in an approved budget. Um and then down below we have a projected breakdown by township of what that increase would mean for someone who owns a $100,000 value home. So depending on your township, um the estimated impact ranges between $30 and $60. These are of course based on prior year tax rules. So if there are any changes to your assessment or to the equalization rates of your townships. You may see a difference here, but this is just an estimate to help you gauge what this increase would mean for you at home. Next up, we'll go through the propositions that are on our ballot. Proposition number one for the 2025 2026 budget. Shall the budget for
007the Red Creek Central School District for the fiscal year commencing July 1, 2025 and ending June 30, 2026 as presented by the board of education in the 25,41,943 be approved and adopted. The required funds be appropriated and the necessary real property taxes required be raised by a tax on the taxable property in the district to be levied and collected as required by law. Proposition number two, for the purchase of vehicles to be used in student transportation. Shall the board of education of the Red Creek Central School District be hereby authorized to expend $395,000 from the district's existing 2020 capital bus purchase reserve fund established by the voters of the district on June 9, 2020 and to use such funds towards the purchase of two 66 passenger school buses for use in student transportation at an
008aggregate maximum cost of $395,000 inclusive of trade in value. I did want to these are electric puzzles. Last item on the ballot will be the board of education member election for the election of two board members, two seats for three-year terms, each beginning on July 1, 2025 to fill to fill vacancies created by the expiration of the terms of Nancy Hunter Digman and Stephanie Kaiser. The candidates will be on this order in the ballot. Steven Heisel, John D. Fier, Nancy Hunter, Digman, Stephanie Kaiser, and Thank you. All right. Thank you very much. We're good. Got it.