2026-27 Budget Workshop #3.pdf

Budget Workshop #3 April 7, 2026

Agenda ✓ State Budget Updates ✓ State Aid Categories ✓ Tax Rate Projections ✓ Other Revenues ✓ Questions

Foundation Aid Updates 25-26 Budget

25-26 Actual

Gov 26-27

$48,089,480

$48,496,595

$49,939,736

Slightly more than budgeted based on SAIPE data changes during the year

Assembly

Senate

Formula $49,891,362

Projected Increases

2.9%

are less than the formula!

✓ Legislative proposals have no impact ✓ Formula gives us more than the hold harmless amount ✓ Comfortable moving forward with our formula calculated foundation aid for 2026-27

State Budget Updates

Expense Based Aid Cycle ✓ Funding Based On ○ 2025-26 enrollment and/or 2025-26 expenditures, when reported in Fall of 2026 ✓ Legislative Projections ○ No formula changes ○ Final projections for these aids are based on district estimates ✓ State Aid makes up 33% of all revenue for the district

Transportation Aid Governor’s

Legislative

Final

$8,354,733

Not Applicable

$7,100,000

✓ Aid Ratio going from .685 to .677 ✓ Final aid is based on June 30, 2026 expenditures, reported in Fall of 2026 ✓ Projecting to have an increase in expenditures that will make up the lower aid ratio difference to maintain same budget

BOCES Aid Governor’s

Legislative

Final

$6,570,436

Not Applicable

$6,250,000

✓ Aid Ratio going from .639 to .631 ✓ Final aid is based on June 30, 2026 expenditures, reported in Fall of 2026 ✓ BOCES expenditures are trending to finish the year higher especially on the technology side ✓ This will make up the lower aid ratio difference and match the overall aid number from last year ✓ However, due to the changes in aidable BOCES salaries, we project a positive impact on our BOCES aid ✓ Projecting an increase of $150,000 over 2025-26 aid

Building Aid Governor’s

Legislative

Final

$7,681,991

Not Applicable

$9,360,365

✓ Building Aid is based on the submission of Final Cost Reports ✓ Governor’s projections are based on October 15, 2025 Final Cost Reports that have been filed with SED ✓ Actual aid paid is based on Final Cost Reports as of June 30, 2027 ✓ Almost 15 months more to report project expenditures to finalize total building aid ✓ Budget amount is our estimate based on construction timelines and final closeout of project paperwork that is required

Excess Cost Aid Governor’s

Legislative

Final

$1,933,434

Not Applicable

$1,900,000

✓ Aid Ratios are dropping slightly, but not enough to cause any changes in the budget ✓ Public excess cost is aid for students enrolled in BOCES or in-house programs ✓ Private excess cost aid is for students enrolled at specialized programs that are run by state approved private programs

April 8, 2025

Instructional Materials Aid Governor’s

Legislative

Final

$783,037

Not Applicable

$795,000

✓ Textbook: $58.25 per student x enrollment ✓ Library: $6.25 per student x enrollment* ✓ Hardware: $24.20 per student (then multiplied by BOCES aid ratio of .631) x enrollment ✓ Software: $14.98 per student x enrollment *Proposal to increase per student allocation in the budget that is yet to be passed: $11.33 per student in the Senate We already budget and spend more than this increase in aidable expenditures as a reference

State Aid By the Numbers 2024-25 Final Budget State Aid

2025-26 Final Budget State Aid

2026-27 Final Budget State Aid

Variance

Foundation Aid

$46,970,050

$48,089,479

$49,891,362

$1,801,883

High Cost Excess Cost

$925,000

$950,000

$950,000

$0

Private Excess Cost

$925,000

$950,000

$950,000

$0

BOCES Aid

$6,000,000

$6,100,000

$6,250,000

$150,000

Building Aid

$7,816,340

$8,417,891

$9,360,365

$942,474

Transportation

$7,000,000

$7,100,000

$7,100,000

$0

Hardware and Technology

$127,000

$127,000

$127,000

$0

Software, Library, Text

$668,000

$668,000

$668,000

$0

Universal Pre K

$1,530,900

$3,588,400

$3,135,000

-$453,400

Total Aid

$71,962,290

$75,990,770

$78,431,727

$2,440,957

State Aid (Minus UPK Grant)

$70,431,390

$72,402,370

$75,296,727

$2,894,357

Aid Category

I thought the UPK changes were a good thing! How are we getting less money? 2025-26 Funding

2026-27 $5,400

$10,000

Full Day Enrollment

378

297

Half Day Enrollment

127

33

Total UPK Slots

505

330

Secondary Grant Funding Full Day Enrollment Total Funding

$10,000 120 $3,584,100

$3,135,000

District Controlled

Tax Levy Limit ✓ No Updates from February Draft Presentation ✓ Tax Revenue makes up 58% of District Revenue

Monroe County Levy Numbers

Average = 3.18%

Local Assessors

State Controlled

District Controlled

Projection Data Points Tax Levy

Equalization

Assessments

Re-levies estimated at $75,000

✓ These are preliminary estimates from the NYS office of real property ✓ Still have the ability to change until August tax warrant

✓ Utilized the 10-year Average for Webster ✓ Utilized the 25-year Median increase for Penfield, Walworth, and Ontario to smooth out recent increases that would skew the average. The ten year average has a tremendous amount of volatility that is very impractical to project forward.

Assessed Rates Per Thousand 2024-25

2025-26

2026-27

Variance

% Variance

Penfield

17.086508

18.369378

18.568622

$0.20

1.08%

Webster

28.587096

28.702192

29.364375

$0.66

2.31%

Ontario

19.831094

19.375594

17.658240

($1.72)

-8.86%

Walworth

20.367070

19.929183

18.162761

($1.77)

-8.86%

True Tax Value

14.866020

13.777654

12.626920

($1.15)

-8.35%

100% Guarantee These Estimates Will Change in August!

The other 9% Sales Tax

PILOTS

Interest

✓ Projecting to remain stable year over year ✓ Have not seen much variation in the last several years ✓ Increased this budget in 22-23 ✓ Adjusting this budget impacts the tax levy allocation

✓ Payments in Lieu of Taxes ✓ Projecting overall budget to decrease as PILOTs are scheduled to come off the books with no additional PILOT programs projected in the coming year

✓ Interest earnings revenue is the most volatile of all budgeted revenues ✓ Rates can change up to 4 times during one fiscal year ✓ Leaves the district very little room to adjust to market conditions ✓ Reduced this budget as interest rates are coming back down

The other 9% Reserves

Fund Balance

✓ Budget requires significant reserve usage ✓ Allocating 3 million dollars as a revenue source ✓ Utilizing the ERS and TRS reserve funds ✓ The budgeted amount utilized is 6.44% of the 2024-25 audited reserve totals

✓ Appropriated fund balance will remain at the same level as the previous year’s to reduce the tax levy, as originally set up to do

Miscellaneous ✓ Facilities usage revenues, continuing education, rebates, and other revenue sources are projected to remain budget neutral

Total Revenues

Final Revenue 2024-25

Final Revenue 2025-26

Final Revenue 2026-27

Variance

Sales Tax

$8,000,000

$8,000,000

$8,000,000

$0

Foundation Aid/Expense Based Aids

$69,763,390

$71,734,371

$74,628,727

$2,894,356

Instructional Materials Aid

$668,000

$668,000

$668,000

$0

Facilities Rental

$265,000

$265,000

$265,000

$0

Interest

$150,000

$500,000

$250,000

-$250,000

Payments In Lieu of Taxes (PILOTS)

$1,250,000

$1,250,000

$1,100,000

-$150,000

Miscellaneous Revenues

$1,800,000

$1,800,000

$1,800,000

$0

Transfer from ERS Reserve

$0

$1,500,000

$1,500,000

$0

Transfer from TRS Reserve

$0

$1,500,000

$1,500,000

$0

Appropriated Fund Balance

$5,500,000

$5,500,000

$5,500,000

$0

Property Tax Levy

$123,609,680

$127,549,054

$131,877,698

$4,328,644

Total Revenues

$211,006,070

$220,266,425

$227,089,425

$6,823,000

Reserve Usage

2026-27 Preliminary Budget

Appropriated Fund Balance & Reserves ✓ Total usage is $8,500,000

✓ Goal is to replenish that every year in savings or extra revenue elsewhere ✓ 3.74% of our total revenue comes from these two sources ✓ Let’s look at how this is accomplished Budget 2025-26

Actual 2025-26

Budget 2026-27

Budget

$100,000,000

$97,000,000

$104,000,000

Revenue

$100,000,000

$103,000,000

$102,000,000

$0

$6,000,000

-$2,000,000

Deficit/Surplus Appropriated Fund Balance Budget Balanced

$2,000,000 $4,000,000

$0

County Fund Balance Usage-% of 2026-27 Budget Highest = 6.09%

Webster = 4.39%

Average = 2.75%

Budget Updates Since Workshop #2

Final Budget Numbers

Balanced Budget $227,089,425

Revenues

$227,089,425

Budget

$0

Surplus/Deficit

County Comparison Budget Numbers Highest = 8.63%

Webster = 3.10% Lowest = -1.04%

Average Budget Increase = 4.71%

Next Up……

Budget Adoption April 14

Budget Materials Published May 1

Budget Hearing

Budget Vote

May 5

May 19

Thank You Questions?

Budget Website