SCCS Budget Process 2017-2018
The SCCS budget process is well under way for the 2017-18 academic year. First of all, I’m pleased to announce that Southern Cayuga CSD received a favorable report from the NYS Comptroller’s Office and the lowest rating possible (0%) in regards to fiscal stress monitoring. The financial indicators acknowledge that Southern Cayuga has made significant progress over the past four years towards ensuring financial solvency.
During the past two months, the Board of Education has reviewed projected cost increases associated with contractual salaries, maintenance, and student programming. Contractual salaries continue to rise at a modest level, while additional funds will be applied towards long-term maintenance projects. Student programming cost increases are associated with increased enrollment in career and technical training programs at our local BOCES. The participation rate among our juniors and seniors has nearly doubled in the past year. I am pleased to announce that these additional expenses will be largely offset by cost reductions associated with employee benefits, worker’s compensation, retirement contributions, and debt service.
Currently, the Board is reviewing revised cost estimates for roof replacement at the elementary wing, along with minor renovation to the girls’ locker room. The 2015 SCCS Building Conditions Survey highlights the need for roof replacement, as it has reached the end of its useful life. Last May, voters approved the creation of a capital reserve for infrastructure repairs. The reserve fund, along with anticipated state building aid, will fund the project, which will result in no additional local debt service payments by the district.
Over the next two months, the SCCS Board of Education will continue to examine budget costs and discuss specific strategies to lessen the burden to the local taxpayer. Board meetings are scheduled for February 27, March 13, and March 27. If you have questions or concerns, please do not hesitate to contact us.