REVENUES: Where money comes from to pay for Hudson City Schools
| Revenue Source | 2020-21 | 2021-22 Proposed | Change ($) | Change (%) |
|---|---|---|---|---|
| Tax Levy | $24,143,525 | $24,469,462 | $325,937 | 1.35% |
| Projected State Aid | 24,052,213 | 25,285,942 | 1,233,729 | 5.13% |
| Utility Tax* | 600,000 | 600,000 | – | 0.00% |
| Remimbursements & Misc. | 1,109,000 | 1,100,000 | (9,000) | -0.81% |
| Rents, Tuition, PILOTS | 280,000 | 289,000 | 9,000 | 3.21% |
| Assigned Fund Balance | 500,000 | 500,000 | – | 0.00% |
| Grand Totals | $50,684,738 | $52,244,404 | $1,559,666 | 3.08% |
*Small City School Districts are eligible to receive a percentage of telephone, gas & heating fuel costs collected by the utilities. Learn more.
EXPENSES: How money is spent at Hudson City Schools
| Expense Category | 2020-21 | 2021-22 Proposed | Change ($) | Change (%) |
|---|---|---|---|---|
| General Support | $4,560,722 | $4,618,130 | $57,408 | 1.26% |
| Instruction | 26,107,440 | 26,841,754 | 734,314 | 2.81% |
| Transportation | 3,059,100 | 3,430,200 | 371,100 | 12.13% * |
| Employee Benefits | 11,767,316 | 12,187,065 | 419,749 | 3.57% |
| Debt Service | 5,190,160 | 5,167,255 | (22,905) | -0.44% |
| Grand Totals | $50,684,738 | $52,244,404 | $ 1,559,666 | 3.08% |
*This is due to increased transportation needs for students in out-of-district placements.
Three-Part Budget
By law, school districts must divide their budget into three components—program, administrative and capital—and compare them to amounts from the previous year. Hudson’s three-part budget breaks down as follows:
| Program | 2020-21 | 2021-22 |
|---|---|---|
| Amount | $ 37,531,602 | $ 38,971,672 |
| % of total | 74.05% | 74.60% |
Program costs include the salaries and benefits of all teachers and staff delivering pupil services (such as library, guidance, health, social work, speech therapy and athletics), textbooks, instructional materials, equipment, extracurricular student activities, BOCES program costs, and transportation costs.
| Administrative | 2020-21 | 2021-22 |
|---|---|---|
| Amount | $ 4,391,973 | $ 4,531,984 |
| % of total | 8.67% | 8.67% |
Administrative costs include the salaries and benefits of administrators, supervisors and administrative clerical staff; public information and printing; insurance costs; legal and auditing expenses; and Board of Education expenses.
| Capital | 2020-21 | 2021-22 |
|---|---|---|
| Amount | $ 8,761,163 | $ 8,740,748 |
| % of total | 17.29% | 16.73% |
Capital costs include the salaries and benefits of maintenance and custodial staff, debt service, tax certiorari and court-ordered costs, operation and maintenance costs, and utilities.
The three-part budget for the 2021-22 budget proposal