\n
Budget Highlights<\/p>\n
The proposed Rye School District gross budget for 2013-2014 is $12,938,447. This is a<\/span><\/p>\n $143,663 increase or 1.12% over the 2012-2013 budget.<\/p>\n The net operating budget, which is the budget amount less revenues and credits, is<\/span><\/p>\n $11,940,235. This net operating budget is associated with the district assessment and is<\/p>\n $190,536 more than the assessment for 2012-2013.<\/p>\n Net budgetary change, which is the proposed 2013-2014 budget compared to the 2012-<\/span><\/p>\n 2013 adopted budget less one-time special warrant article is increasing $225,663 or<\/p>\n 2.02%.<\/p>\n The average annual gross budget increase over the prior:<\/span><\/p>\n three (3) years: 2.40%<\/p>\n five (5) years: 2.52%<\/p>\n ten (10) years: 4.13%<\/p>\n The major increase to the budget is the appropriation for the District’s portion of the New<\/span><\/p>\n Hampshire Retirement System for certified staff. The District’s contribution rate is<\/p>\n increasing from 11.3% to 14.16% for 2013-2014. This represents a budgetary increase of<\/p>\n $106,346 or 25.31%.<\/p>\n Other major increases in budgetary line accounts are:<\/span><\/p>\n Tuition to Private Schools –Elementary $91,653<\/p>\n Health Insurance 73,013<\/p>\n IST Integrator Salary (reorganization) 71,400<\/p>\n District Share of SAU 50 69,513<\/p>\n Tuition to Private Schools – Middle 49,312<\/p>\n The major decrease in the budget is classroom teaching positions at the Rye Elementary<\/span><\/p>\n School. There are 28 teaching positions at the school and for 2013-2014 it was<\/p>\n recommended by the administration to eliminate one (1) full time classroom teaching<\/p>\n position, one (1) part time position has been reduced from 60% to 30%, and one (1) part<\/p>\n time position has been reduced from 40% to 30%.<\/p>\n Other major decreases in budgetary line accounts are:<\/span><\/p>\n IST Coordinator (reorganization) $(71,372)<\/p>\n Tuition to Other LEAs –High (51,966)<\/p>\n Teaching Salaries –Middle (38,955)<\/p>\n Special Education Aides Salaries –Elem. (35,120)<\/p>\n Tuition to Private Schools – High (30,925)<\/p>\n The proposed tuitioning appropriation for students to attend Portsmouth High School is<\/span><\/p>\n decreasing for 2013-2014 by $51,966. It is estimated that there will be 198 students as<\/p>\n compared to the students budgeted in 2012-2013 of 209. The 2013-2014 tuition rate is<\/p>\n 10<\/p>\n estimated to be $14,277 per student or an increase of $365 or 2.69%.<\/p>\n Certified teaching staff, in accordance with the Collective Bargaining Agreement, will<\/span><\/p>\n receive an average increase of 3.72%.<\/p>\n i<\/p>\n Support staff, which unionized in the late 1990s, are in the process of negotiating a new<\/span><\/p>\n collective bargaining agreement with the Rye School Board. As of the printing of this<\/p>\n report a tentative agreement between the two (2) parties has not been reached.<\/p>\n In preparing the budget, the economic conditions of the area were considered and only<\/span><\/p>\n items necessary for the operation of the District were included in order to present the<\/p>\n lowest possible budget to the residents of the District.<\/p>\n Tax Impact<\/p>\n It is anticipated that the district assessment for the proposed 2013-2014 budget will increase<\/p>\n approximately $143,663. The district assessment is extremely important as this is the amount of<\/p>\n funds that must be raised through property taxes. Based on the current net assessed valuation, it<\/p>\n is estimated that it will take $1,752,828 in increased appropriations to raise the tax rate $1.00 per<\/p>\n $1,000 of property valuation or $17,528 in increased appropriations to raise the tax rate $0.01 per<\/p>\n $1,000 of property valuation.<\/p>\n The district assessment, before any increases for any warrant article, will increase by $0.11 per<\/p>\n $1,000 of property valuation. For comparison purposes, the tax rate associated with the school<\/p>\n for 2012-2013 increased $0.37 with an additional $0.02 increase from the State. Of the<\/p>\n anticipated $0.11 increase in the tax rate, approximately $0.03 of this amount is due to the<\/p>\n anticipated unreserved fund balance.<\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":" Budget Highlights The proposed Rye School District gross budget for 2013-2014 is $12,938,447. This is a $143,663 increase or 1.12% over the 2012-2013 budget. The net operating budget, which is the budget amount less revenues and credits, is $11,940,235. This net operating budget is associated with the district assessment and is $190,536 more than the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[53],"class_list":["post-356","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-school-budget"],"_links":{"self":[{"href":"https:\/\/ryecivicleague.org\/index.php?rest_route=\/wp\/v2\/posts\/356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ryecivicleague.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ryecivicleague.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ryecivicleague.org\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ryecivicleague.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=356"}],"version-history":[{"count":3,"href":"https:\/\/ryecivicleague.org\/index.php?rest_route=\/wp\/v2\/posts\/356\/revisions"}],"predecessor-version":[{"id":358,"href":"https:\/\/ryecivicleague.org\/index.php?rest_route=\/wp\/v2\/posts\/356\/revisions\/358"}],"wp:attachment":[{"href":"https:\/\/ryecivicleague.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ryecivicleague.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ryecivicleague.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}