2008-2009 Budget
| Get a line-by-line look at the 2008-09 proposed budget appropriations |
Voters approve 2008-2009 school budget
May 20, 2008
On May 20, 2008, by a margin of 1094 to 591, residents approved a $41,935,614 budget for the 2008-2009 school year. The approved budget calls for a $1,638,244 spending increase over the current year budget, which translates into a 4.065 percent budget increase with an estimated tax levy increase of 2.60 percent.
Voters also approved a proposition to purchase six new school buses by a margin of 1153 to 523 and elected Joseph Salamone and Nancy del Prado to Mohonasen’s seven-member Board of Education. Board of Education candidate results were as follows: Joseph Salamone (984 votes), Nancy del Prado (949 votes), Thomas Flood (643 votes) and Mark Thornhill (389 votes). Joseph Salamone and Nancy del Prado will serve a three-year term effective July 1, 2008.
2008-09
budget highlights
Mohonasen’s 2008-2009 budget maintains all current programs and includes new funding for some key areas. FULL STORY
Mohonasen residents approved a proposition to
purchase two 66-passenger school buses and four 22-passenger,
wheelchair accessible school buses at a cost not to exceed $430,000.
The state will pay for nearly 78 percent of that cost, reducing
local taxpayers’ share to approximately $18,920 per year for five
years. The cost of buying the school buses will be bonded and paid
back over a five-year period.
Mohonasen is on a regular bus replacement schedule based on mileage,
age of the vehicle, repair history and condition.
The bus proposition will not have any tax impact until the 2009-2010
school year. And since the district is also paying off old bus
bonds, the new purchase would have a minimal increase on the
district’s debt.
Appropriations Summary
| 2007-08 Budget | 2008-09 Proposed | Increase/Decrease | |
| Instruction | $22,266,000 | $23,285,318 | $1,119,318 |
| Employee Benefits | 8,150,668 | 8,508,931 | 358,263 |
| Operations & Maintenance | 2,927,679 | 2,959,397 | 31,718 |
| Transportation | 1,926,387 | 2,109,522 | 183,135 |
| District Support | 1,760,987 | 1,944,014 | 183,027 |
| Debt Service | 3,265,649 | 3,028,432 | -237,217 |
| Total | $40,297,370 | $41,935,614 | $1,638,244 |
Revenue Summary
| 2007-08 Budget | 2008-09 Proposed | Increase/Decrease | |
| State Aid | $17,724,655 | $18,924,201 | $1,199,546 |
| Property Tax Levy* | 20,821,340 | 21,362,913 | 541,573 |
| Fund Balance Appropriation | 200,000 | 200,000 | 0 |
| Interest Earnings | 350,000 | 200,000 | -150.000 |
| BOCES Rental/Svcs. | 305,500 | 305,500 | 0 |
| Interfund Transfer | 258,000 | 310,000 | 52,000 |
| Other Revenue | 487,875 | 483,000 | -4,875 |
| Medical Reimbursement | 150,000 | 150,000 | 0 |
| Total | $40,297,370 | $41,935,614 | $1,638,244 |
| * A portion of the tax levy will be paid by the state under the School Tax Relief (STAR) program | |||
