“We have information that in the fall we will have three incoming kindergarten students that all will probably need placement outside of our building,” Ryan said.
“That’s why the special education increase is so large,” he continued.
Another major financial change to the program category is that Ryan has decided to eliminate the Board of Cooperative Educational Services (BOCES) distance learning program which saves the district $63,000, he said.
“It’s not something that I think has been used a lot here in the past,” Ryan said.
Difficulty to match bell schedules with CVSCS timing, poor reception and an overall lack of utilization by CV-S students were some of the reasons for cutting this program, he said.
The overall projected budget for 2014-2015, with all three components combined, is about $13 million, Ryan said. This is about $161,000 more than last year’s budget.
The projected amount of state aid is only $7.1 million, Ryan said, but, he hopes that will change.
“I’m hoping that in the end of March or beginning of April we’re going to get a nice letter that says … we’re increasing your aid,” Ryan said.
Ryan then reviewed the tax cap in Cherry Valley-Springfield; the tax levy limit for this new budget is 3.96 percent, he said.
“That means that we can put out to the voters anything below 3.96 and only need a majority approval,” Ryan said.
“If we go over three point nine six percent, we need to get 60 percent or more voter approval,” he continued.
Ryan then discussed the feasibility of increasing taxes by either two percent, 2.92 percent or to 3.96 percent. Ryan said increasing taxes by two or 2.92 percent will still mean that CVSCS will have to dip into their reserve fund balance. Increasing taxes by 3.9 percent will cover the budget increase from last year, he said.