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HomeMy WebLinkAbout2016-01-11 School Committee Minutes _ erti orn a -^ Town of Reading n � Meeting Minutes . RECEIVED TOWN CLERK READING. MASS. Board - Committee - Commission - Council: School Committee 1616 FEB - 1 P 2 33 ' Date: 2016-01-11 Time: 7:00 PM Building: School - Memorial High Location: Superintendent Conference Room Address: 82 Oakland Road Purpose: General Meeting Session: Open Session Attendees: Members - Present: Jeanne Borawski, Linda Snow Dockser, Elaine Webb, Chuck Robinson &Julie Joyce Members - Not Present: Members Gary When, Student Representative Carl Gillies Others Present: John Doherty, Superintendent, Craig Martin, Assistant Superintendent, Director of Student Services Carolyn Wilson, Director of Finance Martha Sybert, Catherine Spinelli, Daily Chronicle, Student Representative Alex Nazzaro, RTA President Chris Copeland, Joshua Eaton Principal Eric Sprung, Barrows Principal Heather Leonard, Parker Principal Jayne Viladenis,RMHS Principal Adam Bakr, Town Manager Bob LeLacheur, Fincom Members Mark Dockser, David Neshat, Craig Merry, Anne Johnson Landry, Vanessa Alvarado and Paula Perry, Selectman Barry Berman, Joanne Senders, Reading Advocate Minutes Respectfully Submitted By: Linda Engelson on behalf of the Chair Topics of Discussion: I. Call to Order Chair Robinson called the School Committee to order at 7:02 p.m. IL Recommended Procedure A. Public Input There was none B. Consent A eg nda Mr. Robinson reviewed the consent agenda and asked if any members would like any items removed from the consent agenda. Mrs. Borawski moved,seconded by Dr. Snow Dockser,to approve the consent agenda as presented. The motion carried 5-0. C. Reports Page 1 1 Student Ms.Nazzaro reported on the upcoming midterms at RMHS and the Martin Luther King Celebration at which the high school chorus will be performing. Liaisons Dr. Snow Dockser reminded everyone of the Martin Luther King Celebration on January 18' from 9:30— 11:30 a.m. There will be representatives from the GSA and A World of Difference Clubs participating in this year's event. Fincom Chair Dockser called the Finance Committee to order at 7:13 p.m. D. New Business Finance Committee Chair Mark Dockser called the Finance Committee to order at 7:13 p.m. FY2017 Budeet Presentation The Superintendent set the context in the development of this budget. Dr. Doherty pointed out that he would like to use the term"recommended"very loosely. He is not comfortable with the reductions that will have to be made in this budget. He next reviewed the strategic objectives and district goals;all of which were a guide to the development of this budget. He reviewed district enrollment trends which show that our enrollment is holding steady with an occasional bubble. He also reviewed the Special Education enrollment and other high needs subgroups enrollments. Fincom has recommended a budget with an increase of 3.25%. The Superintendent's Recommended Budget being presented was developed with an increase of 3.5%. This budget has a higher percentage increase from the Fincom recommendation due to the first year of the implementation of the new science curriculum. Superintendent Doherty then provided a financial overview including discussion on revenues, accommodated costs and per pupil spending information. Dr. Doherty briefly reviewed Special Education spending and comparisons to comparable communities. Our Special Education spending is lower than several surrounding communities because we are investing in in-district programs when possible rather than outplacing students. In many cases these programs are in the best interest of the child and have been very successful. The FY2017 budget drivers include increases in salaries and benefits and special education tuitions and transportation. Dr. Doherty went on to outline the increases and decreases represented in the FYI Superintendent's Recommended Budget. Dr. Doherty reviewed the budget by cost center and category. Additions to this budget include restoration of the building per pupil amounts to FYI 5 levels,the addition of a .5 teacher at the elementary level,restoring the pameducators hours to support the elementary secretaries and the addition of a 1.0 FTE Social Worker for the SSP program at Killam. Page 1 2 He reviewed the budget reductions and said in the development of this budget the administration worked to ensure the reductions had as little impact as possible. There will be reductions in teaching staff, Special Education staff,paraeducator staffing as well as increases in the offsets in all of the revolving accounts. He continued reviewing the items that are not able to be addressed in this budget which include free full day kindergarten,restructuring of the elementary schedule, providing more elective options for our students,restructuring the high school schedule and programming and the continued need for additional space. Superintendent Doherty reviewed the identified needs that would require an additional $1.9 million dollars. The Committee members asked clarifying questions. FYI Administration Cost Center The Superintendent presented the Administration Cost Center. He outlined the major administration initiatives for this budget which include the leadership for implementation of the MA Curriculum Frameworks,Educator Evaluation, technology initiatives,common assessments,the development and implementation of a long range plan to transition to full day kindergarten and expanding the preschool program,address building issues at the Killam School, develop a system to evaluate resource allocation and to re-allocate resources based on student need, develop a system to measure performance and connect expenditures to performance measures,review and revise personnel procedures and policies and to strengthen the human resource systems to better support staff. Dr. Doherty went on to review the staffing, cost center by function and object. Budget drivers for this cost center include salaries, an increase in legal services needed for upcoming collective bargaining sessions,decreases in supplies and materials due to a transition to a paperless environment,restoring professional development and increasing in software licensing as we implement position tracking. Regular Day Cost Center Dr. Doherty reviewed the makeup and functions of this cost center. Dr. Doherty reviewed the drivers to this cost center. As with all cost centers,contractual collective bargaining salary increases make up a major portion of the budget. There will also be increases in revolving account offsets and decreases in staffing. The building per pupil will be restored to the FYI levels and this will be the first year of three of phasing in of the new science curriculum. Dr. Doherty reviewed the impact of the proposed regular day reductions. The reductions include the elimination of the Freshman Advisory Program, a reduction in the Latin program and reading services at the middle school. The Health &Wellness Department Chair position and after school library hours are being eliminated. Grade 3—5 class sizes in 6 classrooms will be increased due to the elimination of 2.0 FTE elementary positions. The School Committee asked clarifying questions. Page 1 3 Mrs. Webb requested a breakdown of donations made for athletics and extracurricular. Dr. Doherty said the Special Education and District Wide Pmgmm Cost Centers will be presented on Thursday night. III. Routine Matters a. Bills and Payroll (A) There were none. b. Calendar IV.Information Mrs. Webb attended the Coolidge Middle School Science Team Reunion to Remember and Honor John McCarthy at Coolidge over the weekend. It was a great tribute attended by 150 people. V. Future Business VI.Adjournment The Finance Committee adjourned at 9:02 nom. Mrs.Borawski moved, seconded by Mn. Joyce to adjourn. The motion carried 5-0. The meeting adjourned at 9:03 p.m. NOTE: The minutes reflect the order as stated in the posted meeting agenda not the order they occurred during the meeting. �k k J F. Doherty, Ed.D. Page 14 1/19/2016 4 1,�� Overvle. Q� euci.y ocnd �� He en es p nd i �s. �_ ommunitics (�yy Town Op..Lngeudge(5 Requests Town Manager Other Budgets Robett W.Le Lacd e. JI CFA lost lolal is ud�2xls Town Manager Shaws Cost Jgouary 2016 F_Lerprise Fonds BACKGROUND Reading BUdget Model Revenues-estimated by Town Accountant based on historical trends but does NOT include known one-time amounts(such as interest earned on construction funds).Estimate is acknowledged to be$0.5 million below probable levels in order to be conservative. Accommodated Costs-costs designated as shared by Town and Schools OR unpredictable with little local influence OR a new priority for the community,estimated by Town and School staff. Operating Budgets-remainder of Revenues less Accommodated Costs, divided up between Town and Schools in a historical proportional method(now 64.16%Schools and 35.84%Town with the new Facilities Department alignment) 1 1/19/2016 • BACKGROUND A 4, *' FY13 -2.1% +3.60% mm x $10 mil. +L8% FY14 +L5% +3.75% $1.05 mil. +28% FY15 +0.4% +3.50% $1.7 mi1. .. +16% M6 +4,4% +2.75% $L5 mil. +2.9% FY17*• +2.1% +3.39% $2.0 mil. +3.1% FY18+ +6% -+1.0% $2.Omil. +28% FY39* +6% -+0.5% $1.75 mil. +29% 1 � $W�pdv p,ll�r � d � udltkluel I k ixRIFI li�ws'E���uS�iGl rp dEf i�tl�. El o r dM�f iC.J�31dld�fM F# � ]�f i GGOflltlldl�l.-s �ll.'1'Y02$b� BACKGROUND Const ed Revenue olpwth *FY statewMe muufcipalre auegrowfh ofla is Ne t^ nm MLOere�th the historical Rop 2%era(1982 to 2009 average +5.2%tyear).- Stele:MA Proposition 2%;State Aid lags Loral:limited real estate to develop for Naw Growth:<10%CIP ExpenM growth hewnd loI contindl Unfunded state&federal mandates National Hearth Insurance markets Energy costs,snow&ice,out of district Special Education... ource:"Massach usctts Ta xpayers Foundation D ' 2 1/19/2016 BALANCING SERVICE WITH RESOURCES * "RUNNING OUT OF RABBITS" ExpandimiServicas duringtime f constrained rennue growth High Quality Employees:deliberate hiring process Working smarter[technology,collaboration&communication] Working harder[night meetings,weekends] Job sharing(between departments,regionalization) Long term Planning[financial,community econ dev&housing[ Community Outreach for solutions "Retain/Enhance services l use" (4100 BALANCING SERVICE WITH RESOURCES "RUNNING OUT OF RABBITS" Etbandim Services during a time of constrained revenue growth High Quality Employees:deliberate hiring process Working smarter(technology,collaboration&communication) Working harder[night meetings,weekends( Job sharing[between departments,regionalization) Long term Planning(financial,community seen dev&housing[ Community outreach for solutions "Retain/Enhance services I use" 3 1/19/2016 CONSTRAINED REVENUES - PROP 21/2 �. _eae r �, ,•mmm��mnswauo�rer sea vxrom ory xu •�cvn q o 3 en w zcor iz as ae ssx �mz as nn s.o <w ..n� �un�mnioowmm nwea�awm ro.wom u.:.-: - ..nv ssx 3zx mza eoe wia memim ildsai I39] _i0uengpyy yygg ggg gg yygg;p@5 pp B.Ef � �'���VINI�Ctlf�l Itl6�h61Ia'••••.E s'.: arp �smrt . esarrap2% ,ogertkies" cspSm7euns §7' °' im'£x f1m1111oYt, • CONSTRAINED REVENUES - TRICKLE DOWN Education $8,881 $7,740 -12.8% Environ&Recur 355 212 -40.1% Health Care 11,810 19,401 +64.3% Human Service 4,409 4,109 -6.8% Infrastructure 2,389 2,323 -2.8% Law/Pub Safety 3,056 2,655 -13.1% LOOALAID 2,090 1,022 -51.1% Other 5,513 5,012 -9.1% TOTALS 38,501 42,473 +10.3% 4 1/19/2016 CONSTRAINED REVENUE GROWTH - LOCAL Gomoarat ve Lack of New Growth despite all-star Planning efforts Neighbors*+18%vs.Reading+12%IS300k average annual difference) iamou i-,fmn.23%.rtrnnmd 12.o%,wokerl d 1 sk.wnh Reamn[3 E%.S.nnueni Lo% Souse:MA Departmental Neveoue /p r Ardav, Natck `�• ��at° Bedford INofth Anel er VV Sg. Belmont rWinchestw eading Can g Carter, bury �P cord am J pc`" vers urye ham eldLexington eL'nnfield roughYMansfield dMashfield gtonMilton ster I 5 1/19/2016 25 PEER COMMUNITIES r. 4 'a y E/ l DO WE LOOK LIKE OUR`` PEERS? ::. 61!'ISI Population 25,3277KS/72% land Area 9.9 sq mi Road miles 999 Budget $972m Assessed Val. $4.0 bil. *EQV/capita $1571, Form of Gov't BOS/ ogr To Mgr &28%Tn Adm ualrzed Valuations represent the full and fair cash value all taxable property for each municipality 6 1/19/2016 0 HOW DO WE COMPARE IN EQV PER CAPITA? ------- -- -------- ®r JIM WHY EQV IS LOW: OUR TAX BASE EQV/npR $156,654 $186,366 ,-15.8% Res'IV.pde $144,396 $155,617 - 72% Olp/capita $13,524 $28,235 -52.1% inial 11,6]5 16,213 InOusMal '.383 ],d85 Pers prapetly 1.466 d,53] 7 1/19/2016 • DIFFERENCES IN OUR REVENUE BASE �x Tax Levy 60.5% 66.6% ,-less* Resltlenllal 91.4% 76.9% R14,1W $53.8 mil. $54.8 m11. on h¢npline CIP 86% 23.1% CIP $5.0m11. $1E3mll. 1123mflly State Fie 13.7% 1105; 'more* Local Receipts 21.6% 17.5% ^more* Dther 42% 4.9% Peer Communities$14.60 SF home tax rate;$21-23 CIP lax rate Reading$14.70 SF home tax rate and$14.70 CIP tax rate PER CAPITA VS HOUSEHOLD INCOME $36.441 MA per capita income* $67,846 MA median household income* $86.132 MA median family income* $67.8461$36.44l a L9 people oar household Reading 2.6 people per household(PPH)** DOR uses per capita approach,which understates household wealth for purposes of property tax discussions for communmes with more than 1.9 PPH - Peer Communities likey>1.9 PPH but data is unknown versus 2.6 PPH Reading ranks 9'^of 26 in Student Emellment/Population(more to follow) MM859 cu ffi£4P:fi�. PPPO YP' GS£9 • 8 1/19/2016 SINGLE FAMILY HOME PROPERTY TAXES COMPARED TO PER CAPITA INCOME s33 mo ♦ 0 5'+0m Sa,om ♦�j► Ss.em /♦� ♦ _..... 530,WO$a0me550,mO5FOm0530.m0$90.QT'1590,RY51W,003330,WJ Reading property taxes are on a trendline compared to per capita income;If Reading is above Peer average in PPH then the do point slides to the right and we are below trendline;$6,824 is below Peer average$7,357 DO WE SPEND MONEY DIFFERENTLY? Public SatCN 9.2m 8]�, *Ob". Culture& 2-]tet 17+d *0.41, RCcreatien Education 395:. 39.16 +025 DPW 514 4.So +02% Human Service 0.6% 0.7% -0.1% Fixed Costs& 177% 17.8% -0.1% Debt 01 Funtls) 224% 22.8% -0.4% G,I G,1 3 65' 4 3`b I0 7',4 i No obvious significant differences-let's look more closely though 9 1/19/2016 J PUBLIC SAFETY SPENDING %OF BUDGET VERSUS PER CAPITA INCOME w.o% —.__... Public Safety Tao% p p • 69x ♦ I 3ppp 40.000 SO,IXp 60.W> 70.0(J 80.000 90.ON 1W.6V Ti Reading on regression line no real difference:9.2%is above 8.7%Peer average 9 VilthoutAM costs&revenues: 11 of 25 Peers offerALS level service: CULTURE & RECREATIONAL SPENDING %OF BUDGET VERSUS PER CAPITA INCOME <ux -Culture&Recreation 3014 ♦ � �._.. 1 s 3swn e . SS.ttO 6;Lm IS,Oro BS.Om O5� • 10 1/19/2016 EDUCATION SPENDING %OF BUDGET VERSUS PER CAPMA INCOME ap% ---- Edwation- 400% r ....-•+�• .----- --_----- 400% :-•---_ -_-- —.-__-- ---- �. 35.M0 450.V SS,OD 65,0]J >AOW 9SOM 55.pat J4s.Nn eatling on regression line-no real difference;39.3%is slightlyabove 39.1%Peer average EDUCATION SPENDING RECONCILE AVERAGE SPENDING LEVELS WITH LOW PER PUPIL SPENDING? Pop [...n x ow• ewd, xe.gM WeM.a wil walpie aAfx AO Ab x Mww3x 1&6JJ JA3e BeMON fSfimr. ofi H.'ru- µn�Feltl 40 1 KM R3% .a fu. e 6AJ6 4131 eal.frn 3AN 33.]{f MmflM ll.JK 4,iNu. PnYy E.3n 4xa3 35® 1}i% 319% fag% Jrb *en ;[se WM Y.M xalFM�iq f".IA,l xxu Mf a 1, .11 Amxury Js,JK spfs 1c¢x nnx srcmxm ]f.>N 2J1> tom fs 11 Peer Communities have average d5.9%enrollmem Reading has an above average amount of enrollments s&our: S �@yjlldlRtl f II lyurv9 B.f4Pe.. 11 1/19/2016 • EDUCATION SPENDING RECONCILE LOW PER PUPIL SPENDING WITH AVERAGE SPENDING LEVELS 55.0% i SOD% ♦ _..... _.__ ._.. 15.09[ {-. ..............�.........._♦�..♦♦ ♦♦ ♦._ _. ♦. . . . ♦♦ ♦ _ 90.0% I ' __.. ♦ ♦ 35.03( I ♦ � ♦. ♦ >aow "m vow znow Snow zaow zzox z9ow There'sacorrelation between enrollment and%budget spacing on schools; 4 Reading spends eighty below Clattrendline • PUBLIC WORKS SPENDING %OF BUDGETVERSUS PER CAPITA INCOME aa" ♦ Public Works nag ____......._. sow • 35,IXp SSD�J 65,0.T )5,1\tl BSpW 95 WJ ] adingon regression line-no real difference;5,1%is slightly above 4.9%Peer average • 12 1/19/2016 HUMAN SERVICES SPENDING % BUDGET VERSUS PER CAPRA INCOME 16% -Human Services 14% ..._ oat 1♦ � ♦ w...........__ YM 35.wL IS,� SS.Lm 65,01 ]S.OtlE 9S.ON 95000 MS.tlp >does not inclode RG45A DEBT SERVICE & FIXED COST SPENDING as OF BUDGET VERSUS PER CAPITA INCOME xeox ' Debt&Fixed Costs xx ox . .. .. ♦ __.. max •� rxox� ♦ 1 ♦ ♦ xw , 35.LLU .50.0 SSD]0 65,Om ]5.t 85,0'JO 95.WJ IVi.tlp ReatlingspeMs more;l].S%Is above 1L7%Peet average 13 1/14/2016 GENERAL GOV'T SPENDING %OF BUDGETVERSUS PER CAPITA INCOME General Gov't __.. ♦ -- 30% i y ♦ xWm +a000 wom w.aw mao eaaoo vo,om 1W.0.V DO WE HAVE ENOUGH RESERVES? FREE CABH d STABILIZATION FUNDS VERSUS PER CAPITA INCOME lay" Free Cash &Stabilization 160% a va o- 1.PA s oAx 31— <LOW SSCro iv. rr 95,LN 10 a]0 • 14 1/19/2016 lliliw Ca !f�`_ Town Ooera[ine Buareel9 �OQ po" Requests. 5e° Level Service Town Manager c Bud Other Jp� ets Budgets+ Town Total Bubgets Snaund Costs o Enterprise Funds FY17 TOWN OPERATING BUDGET REQUESTS ARE$1.6 MILLION ABOVE FUNDING LEVELS Merin Svcs $2,211,171 $2484.848 $273 777 pay&class 0 260.000 260.000 PuW.c Svcs 1.403,844 1193p19 89,175 Finance 784,222 792,150 7.928 Police 4,79.,882 5.034.100 276.218 Dispatch 555,664 618.750 63,086 Pic 4,623,785 4.841055 217,270 Public Worts 2.980.102 3.016,676 36.574 Faufbb5 1,594,919 1.792.515 19715% Public Gbtary 1.488.775 1.620,335 133560 TOTAL $20,39$367 $21963,448 -$16 mil. `School SPED change attic,$19,200tc Target buagetthat is notshown kill. 1S 1/19/2016 • FY17 TOWN OPERATING BUDGET LEVEL SERVICE IS$0.7 MILLION ABOVE FUNDING LEVELS Idmm 9.., .;.r i 1171 $2,299,416731.1� pay&call 0 260.000 Public Sacs 1,403.844 1,451 Finance 784.222 788.300 Police 4,757,882 4,875.000 Dispatch 555,664 565,150 File 4,623.785 4654950 Public Works 2,980.102 7,978.455 1,647I Facilities 1,594,919 1,666,955 72,036 Public Library 1.486]75 1543500 56,725 TOTAL $20,398,367 $21.099,910 'd0.7 mil. HOW TO BALANCE THE BUDGET? Town Manager's ConsiLlerst iar$s 1 Donctedd steffe nfork isemk ff affreE onsamne M 2. Sfafffle4mtlorynnmpenseeon WIA 2%slight help Wall non-unions,three year now Compembleto town unions Fund additional pay&class impmaements Equalize 40hr Work weeks as needed(Public Werke&Public Safely) Not yet done-Personnel Policies coming m a0S summer 2016 3. MelMaln Senk%-for'one lee[Vme' Any,reductions of staff should be designed t0 have minimal service impact 4. ReduceEllkes. Realistic but iw['cautiond Someonedme espenusfunded midyear(ekceptelections which areful funded) • 16 1/19/2016 FY17 TOWN MGR'S TOWN OPERATING BUDGET 'CUTr 5O.7 MILLION FROM LEVEL SERVICE (.325%) Manger Service, Highlights Admin sues E221L311 52,213.175 (&84,200) bz/erneema mmn.op nardeand Do oe[W¢sdn mre Dmm.amr pay&class 0 75,000 (185,000) Fundabont L3mpayrepuaenraamlowe mesio¢Peer level: Public Svcs 1.403.844 1,385,125 (73,000) t�Plannng lntem:Dllmlpssa Pa....art.Ran IaM. Ire9malg PonstpVE 3"Fanner Finance 784,222 ]81.300 (,000) --'-a to snore mnlosl Police 4.757,882 4,796250 (18150) Disease oce,stare Cdssing a.. pmdwn:�al 1. Morammon FLtle eco peyones Do Forded orcar Dispatch 555,664 565,150 0 Fine 4.623,785 4,591,950 (63.000) pplat.1,1110.1 Public Works 2,980.102 2,869,255 (109,200) Normal"Fn4nee ..I'Merii@lg Fell Do sta24Rwy lamre Machines 1,594,919 1,826955 (40,000) Fund none Wine RBS.IIM pains g SEEM assn-srwul d IUM over buryeaB Publd LOd, 1.486 775 1.483.500 (60000) D3 net add sews.surarrad TOTAL $20,398.367 $20,388.260 ($700,650) 1:1N Il FY17TOWN MGR'S TOWN OPERATING BUDGET DEPARTMENT REQUESTS ABOVE('+')LEVEL SERVICE NOT FUNDED F1`17 Toreen Fs'17 Dept P9min Svcs 32,213]75 $186,373 Less col on all non unto,sten nor an Make, Defer new o®i undrou no Rr I¢gal Kral no Im MRireakiws W Min mg pay&class 15.000 Public does labor)' 5 34,894 bse mare omen:less orae.1...an, Finance 78L300 3,850 Police 4,798,250 159.100 Do not add second SRO:less m/nalmng no gomouonal men Lmdyem) Dispatch 565,150 53,600 Do not add coral less enjoining Fire 4,591950 186,105 Do not add Pon amlpmal Mafipimrt Public Works 2669.255 38,221 can.add sawnd C"s"Mem PacihBes 1,828,955 125.%0 (ase On:domtoum ynea Wminang Public Library 1. &'500 76,835 an nonnuease suesmutes n Our do not Increase Sunday hours ` TOTAL 520.388.280 $864.538 17 1/19/2016 • FY1S TOWN OPERATING BUDGET TOWN MANAGER'S BUDGET Do Noth'nxremirt historierevenue¢rowth Eliminate Services Reduce quantity of Services Reduce quality of Services Reduce staff'depth'(Public Works,Public Safety,Public Library) Go Forward:addMonal revenues $700,000/year for level services; fla million/year for services We community may well desire; $TBA for community ppdesires not qualifying for Dept requested budgets l i b I f i t [i ,'. § Fi,l tMaisime 4 I g e .....:.:._.CIS zr ...... J J zz po \O SP4 P JP 9 .I 18 1/19/2016 FY17 TOWN TOTAL BUDGETS OPERATING+ACCOMMODATED Admin S. $2,737.117 $2,658,775 3.9% say&class 0 75,000 +JOD, Public Swi 1.606,500 1.621.125 Flnance 645,775 781.300 TED P.I. 4,597A25 4]96.250 a43% Dispatch 536,925 565,150 +5.3% Flre 4,473.105 4,591,950 +2.79, Public Works 3.281,662 3,349,665 +2.1% 'FedliOse 2,977,012 3.140,680 +55% Public Library 1,436.634 1,483.50D +33% TOTAL {22,492,]55 $23,083,395 +2 5% ,eeeredE�PN3 iM" .= FFFi FII MdNdp HP dd d6 Y n I' F {dY3Y cl ,ti-AI,{i1 Edd 3 CP YdEili EE�p6f 3,[u6N6. [ddSQ4�SlA d P kd'.g{Yd9PfPdf 3 d all FY17 FACILITIES BUDGET *Facilities $2.977.012 $3,140.680 +5.5% COBE 2,684.178 2.853,790 +6.3% "O4eraung 1,252,626 1.340,065 +IO% Accommobateb 1,435044 1,5]$725 +5.4% Town Bullbings 292,835 286.890 -2:11% (Operating) School Buntings 1,218,653 Scbao10u0get (Operetlngi TBA es SCbooi Buildings ,"the Town absorbed$36.729 in adCOonal co Na0 +3.25% `rokOln Tde Town's FY17 opelathgbWget (som¢tlue to Mat(a2 Cabin&Ne Cem.GaravAeJ 19 1/19/2016 >6A Rt . s .0 e .c G3 Otf a%? Nra: pmt BN& 41 m tlF. N�I 49y$P €t f. FY17 TOWN &SCHOOL SHARED COSTS A PORTION OME ACCOMMODATED COSTS urv,m e. a14a6s.;n.: a:e.9ensao ws% Pereion&OPER 4.037,154 4,198,000 -3.8% NeaM/Life Ins, 9.761.089 10.560.500 i8.2% ONer 1,167.500 1,230.000 r5.4% Ca0ltsl&Dsm 7.400.791 6,970.000 5.8% Vocational EJuca4on 490,350 518.350 +57% FINCOM Reserws 150.000 150.000 0% State AsSessmemr 628.284 644000 .25% TOTAL $23,835,188 $24,2]0,850 v2.T% ,vla>ene .11rte .rt tom Slate 9r6 20 1/19/2016 m � F 0 FY17 ENTERPRISE FUND BUDGETS Webr(ntt7 $5.500,300 E5. .662 X7.4% sewer(ne0 5.871.731 6,090721693 X26% Combined E31,372.031 11.929,355 +q,g% Stormweterhum $350.800 $38],411 a9.0% Assumes use of$3251,water reserves and!$1151,storm water reserves in P r17; Water/Sewer budgets/rates u0 about 5%combined;$40/household charge for storm water holds 21 1/19/2016 FY1S- FY20 ENTERPRISE FUND BUDGETS ri Werer(nap 164% a6.6% a4.3% E1lmlllion Sewer(netj a63% r-6.3% a8.7% E3I6N Combined +6.3% +6.5% +6.5% $2 million SNrm Wetx E80/{wuse0010 E80/M1ouseM1olU $80/IIovSBM1OW E110k (n0 FY16 $6.5 million of Capital Pidjectsfinanced as dialed Water$11 million water tank:$0.6 million Grove st.repairs Skater 53.0 minion sewer stamen repairs Chanes St.and sWrges) Storm Water.Ell milliondrainage(Main all Mint 5l Salida Park.Grove 6t) LL 89Yt) p{' IdAPo�BIIitN"; III'I.tl1Yh91lGf[3EIfii 'R'AW or ... _" a ...............�.r :. f . • I 22