The N. Colonie Board of Education gives district residents last minute info before vote
The North Colonie Central School District will have to access $4.9 million of its estimated $12.5 million fund balance it said at the last meeting and public forum on the $92.2 million 2011-12 district budget.
In a presentation done by Board of Education President Mary Nardollilo, she went through the entire budget one last time before district residents go to vote on Tuesday, May 17. The district had been proactive in its planning, Nardollilo said, by getting in front of the budget early and holding public meetings as soon as October.
This included a freeze on all nonessential spending, she said. "We also closed some buildings to realize some savings, and, as always, examining efficiencies when considering to fill or not to fill positions."
Some of the savings that were achieved were saving $500 by reducing BANS to bonds for a lower interest rate, only spending $110,000 on maintenance costs and reducing administrative costs to 4 percent, which Nardollilo said, "is a very lean budget" for a district like N. Colonie.
Even with a significant reduction in spending on maintenance costs, Nardollilo assured those in attendance that there will be no effect on the children.
"I assure you that the health and safety of the children and any health and safety issues are being addressed," she said. "You don't have to be worried about that."
The district was also able to help stave off reducing staff as 15 positions were eliminated through attrition. It is cutting 11 teaching positions and an administrative position, saving the district $1.2 million. This was based off of district wide declining enrollment.
The district also will realize an estimated savings of $750,000 after the Board of Education voted to close Maplewood Elementary school back in February. There was also a cut made to the amount of text books and library books being bought by the district from $406,450 to $195,587.