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Latest Budget News
Board, community, continue staffing
discussions; changes to upcoming meeting schedule
Posted: March 16, 2010
Elementary and Junior High staffing changes were discussed
at the Budget Committee meeting on March 15. There is a
proposed reduction of 8.5 FTE at the Elementary level and
2.2 FTE at the Junior High. Although the reductions are
unpopular, instruction accounts for nearly 70 percent of the
budget. In order to fall in line with the Governor’s
proposed budget plan and not increase the tax rate by a
significant percentage, the district must make reductions,
albeit painful, in the areas where spending occurs the most.
Click here to view the proposed staffing changes.
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Board continues budget process with reductions
in debt service, summer curriculum
Posted: March 12, 2010
Facing a multi-million dollar gap between
projected expenditures and revenues, the Board of Education
accepted reductions in the areas of debt service and summer
curriculum on March 11, at the second of six Budget Committee
meetings.
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Upcoming meeting locations have changed
Posted: March 9, 2010
Due to the large number of community members
that turned out for the first of six Budget Committee meetings
on March 8, the district has decided to relocate the venues for
upcoming meetings. To view a schedule of future meetings as well
as their new location,
click
here.
Budget Committee Meeting materials posted
Posted: March 9, 2010
The North Colonie School District has posted
all materials that will be used at future Budget Committee
Meetings. You can find them
here.
Board begins budget process, examines
potential reductions
Posted: March 9, 2010
The Board of Education began its formal
2010-11 budget development process on Monday, March 8, at
the first of six Budget Committee meetings in front of
community members who filled the Shaker High School Library.
An overview was presented of the current financial situation
at North Colonie, which also detailed projected expenditures
and revenues for next year. As it stands currently, North
Colonie is proposing $3.3 million in expenditure cuts for
2010-11.
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Budget Breakdown: Examining district's
financial reserves
Posted: February 22, 2010
School districts see great value in
maintaining adequate financial reserves in case of emergencies.
With schools entering this year's budget development process
faced with numerous budgetary challenges, Governor David
Paterson has repeatedly suggested that school districts use fund
balances to cover possible losses in state aid for the 2010-11
and 2011-12 school years.
More recently, State Comptroller Thomas DiNapoli released a
report that concluded that some school districts have
accumulated reserves in excess of what current laws allow.
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North Colonie Budget Committee meetings to
commence
March 8
Posted: February 4, 2010
The North Colonie School District is
preparing for a very difficult season of budget planning and
will be holding a series of six Budget Committee meetings to
help navigate this tough economic terrain.
The first of six Budget Committee meetings will be held on March
8, with the final one occurring on March 31. Summaries and
supporting materials will be posted on the district's website
following each meeting. Each meeting will be a working session
for the Board of Education.
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State aid cuts under Governor’s proposal to impact North Colonie’s
budget
Posted: January 27, 2010
Under the proposed budget released by Governor David Paterson on
January 19, North Colonie would see $2.4 million less in state aid
next year, which will lead to district-wide budget cuts as
Administration develops its 2010-11 budget.
The $2.4 million figure represents more than a 12 percent
reduction in the district’s total state aid package from the
current year. State aid accounts for almost 18 percent of
the district’s $90,096,000 budget. State legislators will
now take up the Governor’s proposal, with a final state
budget due by April 1.
“This is a significant problem,” Superintendent Randy
Ehrenberg said. “With decreased state aid, we are going to
have to look at ways to shrink the gap between increasing
expenses and declining revenues.”
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Overview of the Budget Process
Posted: January 21, 2010
Budget development starts in early October when the District
Administration begins to identify their budget objectives and the
factors external and internal to the school district that are likely
to have the greatest impact on the next year's program budgets. Such
factors can include rising prices for fuel or health insurance, for
example, or the expectation that we will be impacted by a new state
mandate or a change in pupil enrollment.
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