SILVER CREEK - Silver Creek School District has found a way to cover its shortfall.
Earlier in the budget process, the district reported a $56,790 gap when comparing the increase in expenses to the increase in state aid.
At the first public hearing on the budget, the district had closed the gap, while maintaining positions and including a few added electives in the business field.
OBSERVER Photo by Nicole Gugino
Silver Creek Superintendent Daniel Ljiljanich (left) explained the school’s situation at the first public hearing of the school budget recently. Also pictured are board members Matt Bogosian, Steve Boothe and Marjorie Foxton.
Superintendent Daniel Ljiljanich said it is important to the district to be transparent during this process as well as present a budget that is responsible and sustainable.
He said the district would also like to maintain sustainable cocurricular programs.
"We want our kids involved in good things, because if those things aren't available then they could be involved in other things we would prefer they weren't," Ljiljanich said.
Ljiljanich also explained that a majority of the aid the district will receive is for building aid for the capital project. He said the total increase in state aid from 2013-2014 to 2014-2015 was $1,789,365; $1,241,187 of this is in building aid for the district's capital project. These figures are based on the executive state budget before the state legislature increased aid to schools.
Business Administrator Cindy Mackowiak went over the budget figures.
She explained pension and health benefit costs as well as salary costs increased; however, revenue has also increased.
The district is sticking to its 10-year reserves plan in putting between $300,000 and $400,000 toward the budget, including the purchase of one bus from the capital vehicle reserve for $108,987.
The district's tax levy limit after carryover and exclusions is 2.76 percent, equating to an increase of $156,026. This would amount to a 2.48 percent increase in the tax rate, which at full value would be $18.10 per thousand assessed value. The total budget would stand at $22,447,044, which includes the increase in state aid for the capital project.
In order to balance the budget, the district calculated the tax levy increase at the tax levy limit amount. Ljiljanich said with the additional aid from the legislative budget, the board will need to decide whether to decrease the tax levy, the use of reserves, or a combination of both.
The budget vote was set for May 20 from 1 to 9 p.m. in the high school lobby. Voters will decide on the budget, whether to authorize the purchase of the bus from the vehicle reserve and the election of two board members.
The board of education will meet again on April 9 at 7 p.m.