Budget Hearing Agenda/Minutes 6-2-14

State College Area School District
MISSION: To prepare students for lifelong success through excellence in education
 
BOARD BUDGET HEARING
MONDAY, JUNE 2, 2014 7:00 P.M., Board Room
131 W. NITTANY AVE.
STATE COLLEGE, PA 16801
 
I. CALL to ORDER and PLEDGE of ALLEGIANCE

II. INTRODUCTION and PURPOSE of MEETING
   Budget Hearing for FY20142015 School Year

III. PRESENTATION to REVIEW INFORMATION for FINAL FY20142015 SCHOOL YEAR BUDGET (attachment III) (PowerPoint)

IV. PUBLIC COMMENT

V. ADJOURNMENT
 
Minutes
SCASD BOARD BUDGET HEARING
MONDAY, JUNE 2, 2014
7:00 P.M., BOARD ROOM
131 W.NITTANY AVENUE
STATE COLLEGE, PA 16801

I. CALL to ORDER and PLEDGE of ALLEGIANCE
Ms. Fishbaine called the State College Area School District Board Budget Hearing to order at 7:02 p.m.
She welcomed all in attendance and those that will be viewing from home.

A copy of all materials distributed to board members for discussion and/or action is included with the official minutes, unless otherwise indicated.
Board members present: Amber Concepcion, Penni Fishbaine, Scott Fozard, David Hutchinson, Jim Leous, Ann McGlaughlin, Dorothea Stahl
Board members absent: Jim Pawelczyk, Laurel Zydney
Board Secretary: Mary Jenn Dorman
Solicitor: Scott Etter
Superintendent: Robert O’Donnell
District Personnel: Randy Brown, Sandy Emerich, Michael Hardy, Jason Perrin, Ed Poprik, Colleen Sheehan,
Donna Watson
Guests: Rich Fitzgerald, Ed Fuller, Mark Higgins, Chris Rosenblum

II. INTRODUCTION and PURPOSE of MEETING
Dr. O’Donnell thanked all for the work throughout the year for this process and introduced Randy Brown and Donna Watson to begin the Budget Hearing presentation.

III. PRESENTATION TO REVIEW INFORMATION FOR THE FINAL FY2014-2015 BUDGET
Mr. Brown noted that a public hearing to discuss the budget is required by Act 1 of 2006. He reviewed that the General Operations Fund Budget is required to be completed and submitted by June 30 each year. We must comply with Act 1 of 2006 which provides for tax relief for approved homesteads, and the district will receive approximately $1.4 million of gambling funds for 2014-1015 which means approximately $108/homestead of property tax relief. Act 1 Index for 2014-2015 is 2.1%, and the district would be eligible for the Exception for PSERS (pension) costs but the Board chose no to request the exception. The Proposed Final Budget was adopted in May with a 1.95% tax increase, millage increase of 0.7556 having the millage rate increase to 39.5056 mills - approximately $54 increase to the average homeowner. Mr. Brown reviewed the County School Historical Real Estate Tax Increase, expense reductions, expense increases, Capital Reserve transfer, revenue being primarily locally funded at 83%, state 16%, and federal 1% for Title funds and a 50% reimbursement for PSERS. He showed the Revenue by source and percentage of the budget for a total amount of $125,980,809 with the expenses by category for the proposed general fund.

The Final Budget adoption is scheduled for June 9, 2014, the state budget is to be complete by June 30, there is no available information at this time, and the board will have the opportunity to reopen the district budget after passage of the state budget if necessary. For more information on the budget process, go to www.scasd.org/page/19235.

Board members thanked Mr. Brown and Ms. Watson for a very well done and thorough presentation.

IV. PUBLIC COMMENT
There was no public comment.

V. ADJOURNMENT
Ms. Stahl moved and Ms. McGlaughlin seconded to adjourn the budget hearing. All board members present voted aye with a voice vote. (Dr. Pawelczyk and Ms. Zydney were absent.) The motion passed unanimously.
 
Ms. Fishbaine adjourned the budget hearing at 7:18 p.m.
 
Submitted by,
Mary Jenn Dorman
Board Secretary