Monday, March 8, 2021
Subscriber Login
SpotlightNews
  • Home
  • News
    • Business
      • Spotlight On Business
      • Spotlight on Finance
    • Community
    • Covid-19 Updates
    • Crime
    • Environment
    • Government
    • Milestones
    • Obituaries
  • Sports
  • The Spot 518
  • Hot Spots Calendar
    • Calendar Listings
    • Submit Your Event
  • Opinion
    • Blogs
    • Our Opinion
    • Point of View
    • Your Opinion
  • Family Now
  • Classifieds
    • Classified Listings
    • Advertiser Login
  • Subscribe
    • Subscriber LogIn
    • Join us – Subscribe Today
    • Renew Subscription
No Result
View All Result
  • Home
  • News
    • Business
      • Spotlight On Business
      • Spotlight on Finance
    • Community
    • Covid-19 Updates
    • Crime
    • Environment
    • Government
    • Milestones
    • Obituaries
  • Sports
  • The Spot 518
  • Hot Spots Calendar
    • Calendar Listings
    • Submit Your Event
  • Opinion
    • Blogs
    • Our Opinion
    • Point of View
    • Your Opinion
  • Family Now
  • Classifieds
    • Classified Listings
    • Advertiser Login
  • Subscribe
    • Subscriber LogIn
    • Join us – Subscribe Today
    • Renew Subscription
No Result
View All Result
Spotlight News
No Result
View All Result
Home Towns Bethlehem

Budget process underway for Bethlehem CSD

Spotlight Newsroom by Spotlight Newsroom
February 17, 2017
in Bethlehem, News, Schools, Towns
0
Budget process underway for Bethlehem CSD

Photo: YouTube

Share on FacebookShare on Twitter

The Board of Education began public discussion of the 2017-18 Bethlehem Central School District budget at its meeting on Wednesday, Feb. 15, with a look at preliminary budget figures which show a baseline budget gap of approximately $762,000, an amount lower than anticipated.

Kehoe presents budget basics to Bethlehem Board of Education // YouTube

“When we were wrapping up the budget process last year, our multi-year budget forecast showed an estimated $1.1 million budget gap for 2017-18,” said Chief Business and Financial Officer Judith Kehoe. We are pleased to report this figure is, in fact, considerably lower than that.

“As a starting point, we are in a better position than we have seen in recent years,” she said. “We have several tools to address this gap and continue to strengthen our educational programs and these will be the focus of our discussions moving forward.”

The Board of Education is required to adopt a proposed 2017-18 budget prior to April 17. District residents will vote on the spending plan on Tuesday, May 16.

In her presentation to the board, Kehoe said baseline expenditures for the fiscal year that begins July 1 are approximately $97.3 million, or less than one percent more than the current year’s budget. This level of expenditures assumes no changes to staffing or programs for the 2017-18 school year.

Ms. Kehoe said the baseline expenditure increase of 0.84 percent is the result of a combination of lower rates for retirement contributions, relatively stable health care costs and cost efficiency measures undertaken by the district over the last several years. “We have benefitted from a culture of fiscal restraint,” she said, “working hard with our employees to contain costs where we can.”

Baseline revenues for 2017-18, that assume no increase in the tax levy and are based on state aid projections included in Governor’s proposed 2016-17 state budget, are estimated at $96.6 million. The amount of estimated state aid the district would receive under the Governor’s Executive budget proposal is estimated to increase $35,000 over current year state aid. This amount could increase as the state budget process moves forward, explained Kehoe.

Tax cap is 1.31 percent

At the meeting, Kehoe outlined the district’s tax cap calculation which revealed a Maximum Allowable Tax Levy (MATL) increase for Bethlehem of 1.31 percent in 2017-18. If the Board of Education were to adopt a budget with a tax levy at the limit of 1.31 percent, it would generate approximately $841,000 for the district. To exceed that limit would require the approval of district voters.

As the budget development process moves forward, Kehoe said, the district will identify areas where cost savings may be available, including salary breakage from retirements. Opportunities for adding to educational programs and addressing areas of need identified by district leaders will be the subject of forthcoming meetings.

The schedule of upcoming meetings and budget topics is as follows:

​March 1, 2017
Board of Education Meeting, 7 p.m.
Transportation, Bus Replacement Plan, Operations & Maintenance, Technology

March 15, 2017
Board of Education Meeting, 7 p.m.
Athletics, Special Education and Student Services

April 4, 2017 (Tuesday)
Board of Education Meeting, 7 p.m.
Instructional Staffing and Programming

April 12, 2017
Board of Education Meeting, 7 p.m.
Last date for budget adoption

Share this to twitter or facebook:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Related

Tags: annual budgetBCSDBethlehem Central School District
Previous Post

BETHLEHEM LIBRARY: Winter break at the library

Next Post

Bethlehem Garden Club grants Bethlehem Children’s School $1,000 to maintain and upgrade nature trails

Next Post
Bethlehem Garden Club grants Bethlehem Children’s School $1,000 to maintain and upgrade nature trails

Bethlehem Garden Club grants Bethlehem Children's School $1,000 to maintain and upgrade nature trails

Leave Comment

Stay Connected with Us

  • 7.1k Fans
  • 4.6k Fans
  • 609 Fans
  • 357 Subscribers

Recent News

Former state Sen. Guy Velella’s daughter is running for Colonie Town Board

Former state Sen. Guy Velella’s daughter is running for Colonie Town Board

March 8, 2021
Colonie man killed in Montgomery County accident

Car hit with gunfire on Sparrowbush Road in Colonie

March 8, 2021
SPOTTED: Shaker cheerleaders are on a three-year win streak

SPOTTED: Shaker cheerleaders are on a three-year win streak

March 8, 2021
The new vaccination law and what it means

UPCOMING: COVID-19 vaccination clinic for residents 65 and over

March 8, 2021

Hot Stories This Week

  • Trending
  • Comments
  • Latest
Judge Peter Crummey is running for Colonie supervisor

Judge Peter Crummey is running for Colonie supervisor

March 4, 2021
SPOTTED: Shaker cheerleaders are on a three-year win streak

SPOTTED: Shaker cheerleaders are on a three-year win streak

March 8, 2021
Record wind gusts knock power out for thousands across Albany County

Record wind gusts knock power out for thousands across Albany County

March 2, 2021

Johnathan testifies; Porco brothers don’t look at each other

July 26, 2006
Former state Sen. Guy Velella’s daughter is running for Colonie Town Board

Former state Sen. Guy Velella’s daughter is running for Colonie Town Board

March 8, 2021
Colonie man killed in Montgomery County accident

Car hit with gunfire on Sparrowbush Road in Colonie

March 8, 2021
SPOTTED: Shaker cheerleaders are on a three-year win streak

SPOTTED: Shaker cheerleaders are on a three-year win streak

March 8, 2021
The new vaccination law and what it means

UPCOMING: COVID-19 vaccination clinic for residents 65 and over

March 8, 2021
Spotlight News

Spotlight News, The Spot 518 and Capital District Family Now are divisions of Community Media Group, LLC. Our local offices are located at 341 Delaware Ave, Delmar, NY 12054. You can contact us at 518.439.4949.

Browse

Follow Us

  • About
  • Advertise
  • Contact the Editor
  • Employment
  • Our Team
  • Privacy & Policy

© 2021 Community Media Group, LLC - 341 Delaware Ave. Delmar, NY 12054. 518.439.4949

No Result
View All Result
  • Home
  • News
    • Spotlight On Business
    • Spotlight on Finance
  • Sports
  • The Spot 518
  • Hot Spots Calendar
  • Opinion
  • Subscribe
  • Log In
  • Classifieds
    • Advertiser Login

© 2021 Community Media Group, LLC - 341 Delaware Ave. Delmar, NY 12054. 518.439.4949