WEBSTER CENTRAL SCHOOL DISTRICT Brian M. Neenan
David Swinson
Superintendent Brian_Neenan@webstercsd.org (585) 216-0001
Assistant Superintendent for Administration and Human Resources David_Swinson@webstercsd.org (585) 216-0011
Colleen Armstrong
Brian Freeman
Executive Director of Student Services Colleen_Armstrong@webstercsd.org (585) 216-0073
Assistant Superintendent for Business Brian_Freeman@webstercsd.org (585) 216-0017
Erin Land Assistant Superintendent for Instruction Erin_Land@webstercsd.org (585) 216-0111
Brian Neenan, Superintendent From: Brian Freeman, Assistant Superintendent for Business Re: 2021-22 Final Reserve Transfers Cc: Board of Education Date: 8/10/2022 With the conclusion of the fiscal year for 2021-22, an exact reserve transfer amount can be determined. This is a requirement to be done before the setting of the tax warrant for the next fiscal year. It is recommended that the following transfers be made to conclude the fiscal year:
Final 2021-22 Transfers
Balance forward into the 2022-23 Fiscal Year
$4,000,000
$10,633,958
$1,000,000
$8,765,494
TRS Sub Fund
$1,000,000
$2,812,959
Workers’ Compensation
$1,000,000
$4,027,999
$1,500,000
$3,302,826
$500,000
$4,159,181
Reserve Type and Name Capital Retirement Contribution Reserve
Liability Tax Certiorari
119 South Avenue, Webster, New York 14580 Main Switchboard: (585) 265-3600 • Fax Machine: (585) 265-6561 • Web Site: www.websterschools.org
In addition, the following transfers from the following reserves to start the fiscal year were not needed as part of the revenue budget for 2021-22 fiscal year and can be returned are as follows: Employee Retirement Contribution Reserve (A827): $1,000,000 For the 2022-23 school year, the following transfers out of the reserve will need to be made as part of the revenue budget for the fiscal year: Employee Retirement Contribution Reserve (A827): $500,000 It is recommended that the transfers be approved before the warrant during the August 15th Board of Education Meeting. Thank you and let me know if you have any questions.
Lori Schreiber, Treasurer
119 South Avenue, Webster, New York 14580 Main Switchboard: (585) 265-3600 • Fax Machine: (585) 265-6561 • Web Site: www.websterschools.org