Quantcast

North Syracuse proposes 1.4 percent budget increase

— Taxpayers in North Syracuse are looking at a 2.25 percent increase for the 2014-15 school year, according to the initial budget presented to the North Syracuse Central School District Board of Education Monday, Feb. 24.

According to the presentation, given by Assistant Superintendent for Management Donald Keegan, the district is facing a 3.6 percent decrease in building aid from New York state. That coupled with increased costs in salaries, benefits, equipment and BOCES shared services agreements have resulted in the need to increase the tax levy by $1,763,319, while cutting programs by $1,716,879. The total budget proposed for 2014-15 is $145,479,106, a 1.4 percent budget-to-budget increase from last year.

The district will also rely on $2 million from its fund balance to help offset some of its costs. Last year, the NSCSD used $700,000 from its fund balance.

In his presentation, Keegan pointed out that the current financial model faced by the district is unsustainable. While enrollments are declining at a rate of 160 students per year, costs continue to rise on every front. Meanwhile, state aid isn’t increasing enough to keep up.

“New York state needs to increase funding for public education,” Keegan said in his presentation. “The Gap Elimination Adjustment needs to be paid to districts.”

The Gap Elimination Adjustment (GEA) was instituted by the Cuomo administration in the 2009-10 school year to help the state fill its revenue shortfall. Essentially, the state allocates a certain amount of aid to schools each year, then takes away a portion of that aid through the GEA. If the amount of state aid allocated to schools exceeds the projected growth in the state’s personal income, regardless of the need projected by schools, the GEA is increased to contain overall growth within legislated limits. If state aid increases are less than that limit or of legislators choose to exceed the state aid cap, the GEA can be decreased. However, the GEA generally remains at the same levels year to year.

0
Vote on this Story by clicking on the Icon

Comments

Use the comment form below to begin a discussion about this content.

Sign in to comment