Vestal Central School District

According to their website Vestal Schools has experienced an increase in expenses of 181% in the past 10 years for both employee benefits and debt services. They report the following increases from 2001/02 – 2010/11

  •  -5%  Administration Costs
  •  13%  Instructional Services
  •  34%  Facilities
  •  57%  Instructional Support Services
  •  77%  Transfers
  • 121%  Instructional – Special Education
  • 126%  Transportation
  • 181%  Employee Benefits
  • 181%  Debt Service

The following budget information is from the district website.

PROJECTED BUDGET-CONDENSED 2012-2013 2012-13 2012-13
Tax Levy Increase 2% 2.5% 2.98%
Revenue $67,193,640 $67,407,726 $67,613,248
Expenses $73,981,400 $73,981,400 $73,981,400
Gap / Surplus (6,787,760) (6,573,675) (6,368,152)
Fund Balance Applied $4,500,000 $4,500,000 $4,500,000
Current Budget Deficit for 2012-13 (2,287,760) (2,073,675) (1,868,152)
Recommended Reductions: (2,329,705) (2,329,705) (2,329,705)
Fund Balance Needed w/Recommended Cuts $4,458,055 $4,243,970 $4,038,447
BUDGET VOTE GOAL = PASS 50%+1 NEEDED

Official website of the Vestal Central School District