REVENUES: Where money comes from to pay for Hudson City Schools
|
Revenue Source |
2018-19* |
2019-20 Proposed |
| Tax Levy |
$23,140,218 |
$23,672,443 |
| Projected State Aid |
23,245,010 |
23,975,020 |
| Other: Rents, Tuitions, Misc. |
2,434,500 |
2,145,000 |
| Grand Totals |
$48,819,728 |
$49,792,463 |
*Adopted budget was increased by the Board of Education to reflect a $50,000 Grant in State Aid received.
EXPENSES: How money is spent at Hudson City Schools
|
Expense Category |
2018-19 Actual* |
2019-20 Proposed |
| General Support | $5,181,126 | $4,828,081 |
| Instruction | 24,250,965 | 24,968,349 |
| Transportation | 2,509,974 | 2,596,421 |
| Employee Benefits | 11,715,177 | 12,049,612 |
| Debt Service | 5,162,486 | 5,350,000 |
| Grand Totals | $48,819,728 | $49,792,463 |
*Adopted budget was increased by the Board of Education to reflect a $50,000 Grant in State Aid received.
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 City School District’s three-part budget breaks down as follows:
| Program | 2018-19 | 2019-20 |
| Amount | 34,765,382 | 35,951,687 |
| % of total | 71.21% | 72.20% |
Program costs include the salaries and benefits of all teachers and staff delivering pupil services (including library, guidance, health, social work, speech therapy and athletics); also textbooks, instructional materials, equipment, extracurricular student activities, BOCES program costs, and transportation costs.
| Administrative | 2018-19 | 2019-20 |
| Amount | 4,670,612 | 4,349,890 |
| % of total | 9.57% | 8.74% |
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 | 2018-19 | 2019-20 |
| Amount | 9,383,734 | 9,490,886 |
| % of total | 19.22% | 19.06% |
Capital costs include the salaries and benefits of maintenance and custodial staff; plus debt service, tax certiorari and court-ordered costs, operation and maintenance costs, and utilities.
For every dollar spent:
- Classroom Instruction & Support Services = 66 cents
- Transportation = 6 cents
- Debt Service = 10 cents
- Extracurricular & Interscholastic Athletics = 1 cent
- School & Central Administration = 9 cents
- Buildings & Grounds = 8 cents