Voters in the Tri-Valley Central School District approved a $35,171,263 for the 2021-22 academic year.
The budget represents a .86 percent ($301,186) increase over the 2020-2021 budget.
The budget, developed collaboratively by the Board of Education, district administration and staff, represents a conservative approach addressing current financial uncertainties while anticipating future financial challenges. The educational needs of students, as well as the educational experiences the district can provide to them, are at the core of all spending.
Additionally, the NYS Property Tax Cap calculation for the 2021-22 school year yields a negative amount. The tax cap calculates at -.8 percent (-$168,261).
In summary, the budget for voter consideration has a .86 percent increase in spending and a .8 percent decrease in tax levy dollars.
School budgets are comprised of three expenditure categories: Administrative, Capital and Program.
Program Component: $27,339,127
The Program component, the biggest of the three components, includes all areas related to the instructional program. This includes teacher salaries and benefits, student support services, BOCES instructional programs, and all transportation operating expenditures.
Administrative Component: $3,457,292
The Administrative component includes all areas of the budget related to the administrative operations, including school and Central Administration expenses, Board of Education expenses, and all other administrative activities.
Capital Component: $4,374,844
The Capital component includes maintenance of facilities, salaries and benefits of the Buildings and Grounds staff, debt service, and any monies for future maintenance and improvements to the school buildings.
Expenditures and Revenues
Expenditures (Total: $35,171,263)
- Salaries: $13,246,228
- Equipment: $628,800
- Other Expenses: $6,661,946
- Supplies and Materials: $441,830
- BOCES: $4,151,100
- Employee Benefits: $8,673,909
- Debt Services: $1,328,950
- Interfund Transfers: $38,500
Revenues (Total: $35,171,263)
- Miscellaneous Revenues: $2,193,183
- State Aid: $11,991,520
- Real Property Taxes: $20,986,560