Past Budget Information

2016-2017 Budget Information

THANK YOU to the community for the successful passing of our 2016-2017 school budget and all propositions! We appreciate everyone who took the time to visit Cairo-Durham Middle School on May 17, 2016 and cast their votes.

The three propositions listed on the ballot were also approved by margins of 70-73 percent. Proposition 1, which would allow CDCSD to establish a Capital Reserve Fund, was approved (347 in favor, 146 opposed). Proposition 2, which would allow the district to purchase five (5) new school buses, was passed (359 in favor, 136 opposed). Proposition 3, which would allow the district to purchase property next to the Elementary School in order to improve parking and bus traffic, was approved (353 in favor, 141 opposed).

Board of Education candidates Dennis Burke, Peter Byrne, PhD, and Gary Warner have been elected to the Cairo-Durham CSD school board.

Important Dates

  • Tuesday, May 3, 2016 -- Voter Registration from 12 p.m. to 8 p.m. in the High School Lobby
  • Thursday, May 5, 2016 -- Board of Education Budget Hearing & Meeting – 7 p.m. in the MS/HS Media Center
  • Friday, May 6, 2016 -- Absentee Ballot Application Deadline
  • Tuesday, May 10, 2016 -- Voter Registration from 4 p.m. to 8 p.m. in the High School Lobby

Budget Vote

  • Tuesday, May 17, 2016 -- 12:00 p.m. - 9:00 p.m. in the Middle School Cafeteria 

The May 17th ballot includes several propositions that would allow Cairo-Durham CSD to plan for the future of its facility needs. This year’s ballot will ask residents to vote on five (5) items:

  • The 2016-17 school budget
  • Selection of three (3) Board of Education members
  • Purchase of five (5) school buses
  • Establishment of a Capital Reserve Fund
  • Purchase of property next to the Elementary School (more information in this Daily Mail article)

Download the budget newsletter to read more about the proposed budget and other propositions.


Additional Information & Frequently Asked Questions

What is a Capital Reserve Fund? How is it used?

On May 17th, the district will seek voter approval to establish a capital reserve fund of up to $500,000 to be set up over 10 years. A capital reserve fund is a reserve much like a homeowner’s savings account. When a school district’s expenses are less than what was expected, or revenues are higher than expected, the extra money is held in a fund balance. No new taxes will be levied to fund this account. Instead, the money would come from excess revenues or unspent appropriations.

Voter approval is required to establish the fund, and money would only be added to the reserve if there is excess money left at the end of the fiscal year. By law, a school district’s fund balance cannot exceed 4% of the next year’s budget.

Establishing a capital reserve fund would allow Cairo-Durham CSD to plan for the long-term needs, both planned and unplanned. It would also protect the district from unanticipated or emergency needs without having a significant impact on the overall school budget.

The money in CDCSD’s proposed capital reserve fund would ultimately go toward funding future building costs. The district’s last state-required Building Conditions Survey identified up to $14 million of future maintenance, repair or replacement needs. The proposal is being put forth partly out of concern about the future of state building aid.

Lastly, the fund can only be used with voter approval, so any future proposed project using the fund would be decided by the community. 


Budget Development News 

(Apr. 28)   CDCSD Superintendent, Anthony Taibi, presented the district’s budget at the Board of Education’s April 19th meeting.  The goals of this budget include maintaining and enhancing district programming to support student needs, providing sufficient resources for teaching and learning, maintaining a transparent budgeting process by utilizing input from district and community stakeholders and maintaining fiscal stability through appropriate allocation of fund balance, and lastly to elicit feedback and implement efficiencies.  There will be five propositions put up for vote on May 17, 2016.  Please click here to view Superintendent Taibi’s presentation.

(Mar. 30)  The Board of Education met on March 24, 2016, at which time Superintendent Anthony Taibi, and Business Manager Jeffrey Miriello, presented the 2016-2017 Budget Proposal.  The presentation is available here.  The presentation is a PDF.  You can download Adobe Acrobat Reader for free by clicking on the link below.  

(Mar. 14) On February 25, 2016, the district held a Community Conversations Forum inviting the community to come and learn about the proposed 2016-2017 School Budget and to participate in discussions regarding the program needs for the district.  The presentation is available here.  The presentation is a PDF.  You can download Adobe Acrobat Reader for free by clicking on the link below.  

(Dec. 10) The Board of Education met on December 10, 2015, at which time Superintendent Anthony Taibi, and Business Manager Jeffrey Miriello, discussed the district's 2016-2017 budget and the leading cost factors involved in the development of next year’s spending plan.  The presentation is available here. Please note this video contains audio. You can download Adobe Acrobat Reader for free by clicking on the link below.  

If you do not have Adobe Acrobat Reader you can download it free here:  https://get.adobe.com/reader/?promoid=KSWLH

 

Previous 2016-17 Budget Calendar Dates

February 11, 2016

  • Board of Education Meeting – Roll over budget presentation - 7pm, MS/HS Media Center

February 25

  • Board of Education Workshop - Community Conversation Public Input Session – Review 2016-2017 Spending Plan – 6pm, MS/HS Media Center

March 1

  • Property Tax Cap Information Reported to Office of the State Comptroller

March 24

  • Board of Education Meeting – Superintendent’s Initial Presentation of 2016-2017 Budget Proposal – 7pm, MS/HS Media Center

April 1

  • Legal Notice of School Budget Hearing & Budget Vote Dates

April 7

  • Board of Education Workshop – Superintendent’s Final Presentation of 2016-2017 Budget Proposal – 7pm, MS/HS Media Center

April 19

  • Board of Education Meeting – 2016-2017 Budget Adoption by Board – BOCES Budget Vote – 7pm, MS/HS Media Center

May 3

  • Voter Registration - 12:00pm - 8:00pm - High School Lobby

May 5

  • Board of Education Budget Hearing & Meeting – 7pm, MS/HS Media Center

May 6

  • Absentee Ballot Application Deadline

May 17

  • Tuesday, May 17, 2016 -- 12:00 p.m. - 9:00 p.m. in the Middle School Cafeteria 

2015-2016 Budget Information

Read the 2015 Budget Newsletter!

Click here to see the Budget Document.

Check out the Powerpoint from our 2015 Budget Community Conversation!

Click here to see Potential Budget Changes and Impact Rationale.

http://goo.gl/forms/QIvmx0YCFb