BUDGET BUDGET ACTUAL

BOAAPPROVED ADJUSTED APPROVED REGOMMENDED NET DIFFERENCE

16-17 16-17 16-17 17-18 GHANGE
REVENUE
EDUGATION $1,3OO,OOO ${,3OO,OOO $O $O $O
THE BOE RECEIVED $I,I99,EI2 AS AN EXPENSE OFFSET IN FYI7. THEY ASSUMED ABOUT $55O,OOO OF GITY
EXPEN$ES AS PART OF THIS 2/'I/U'I7 AGREEMENT wlTH THE BOA IT IS ESTIMATED THE BOE wLL REGEIVE A
SIMILAR AMOUNT IN FY18 AMD wlLL ABSORB THE $55O,OOO OF CITY EXPENSES ON THEIR BEHALF NETTING
ABOUT $6s0r000 REDUCTTON OF BUDGETARY EXpENSES.
T EDUGATION TUITION $102,846 ${02,846 $109,258 $102,846 '$103,666
EOUALIZER $14,949,307 $'t4,949,307 $14,918,869 $15,691,654 ${5,O3{,668

THE BOE RECETVEL $,1,441,875 ALLTANCE IISTRICT GRANT rN FYl7. TH|S WAS YEAR 5 AND VYAS TO BE THE LAST
YEAR OF ELIGIBILITY. CITY BASED ECS ON INDTGATIONS THAT THE STATE WOULD HELP OFFSET THE LOSS OF
ALLIANGE GRANT. NEW STATE BUDGET REINSTATED ALL EXPIRING ALLIANGE DISTRTCTS. THE BOE wlLL RECEIVE
$1,41,875 IN ALLIANCE DISTRICT FUNI'S IN FY 18 LESS AN OFFSET TO ECS OF ABOUT $5O,OOO. IN ADDITION, THE
BOE wlLL RECEIVE A pRlORlTy SCHOOL DtSTR|CT GRANT OF $4t5,t88.

ELDERLY CIRCUIT BREAKER $135,OOO ${35,OOO ${ {4,386 ${ 15,OOO $o (${ r

PA SPEG VET EXEMPTION $25,OOO $25,OOO $2O,49O $2{,OOO $21,OOO
DISABLED EXEMPTIONS $2,193 $2,5OO $2,5OO
PILOT STATE PROPERTY TAX $44,259 $/t4,259 $44,259 $44,259 $4,259
MASHANTUCKET FUND ${60,809 $160,809 ${60,809 ${60,809 $160,809
MUN REV SHARING-IN LIEU OF TAXES $19,652 ${9,652 ${9,652 ${ 9,652 $o (${
MUN REV SHARING-SALES TAX $605,442 $605,ta2 $605,442 $643,519 $o ($643,5{
TOWN ROAD AID $317,316 $3{ 7,3{ 6 $3r6,794 $317,316 $316,794
STABILIZATION GRANT $o $o ${32,O69 $1
MOTOR VEHICLE GAP GRANT $o $o
LOCAL CAPITAL INFRA PROGRAM $183,253 $o $1,509 $O $335,963
MUNICIPAL PROJEGTS $85,419 $85,4{9 $85,419 $85,419 $o ($85,4{
FUND BALANCE AS INGOME $2,5OO,OOO $2,5OO,OOO $3,49O,OOO $4,433,149 $943,
SUPPLEMENTAL EDUCATION $5,28O,692 $5,280,692 $3,247,895 $5,O53,O1O $1,8o5,{ {
AL BUDGET REVENUE ADJUSTMENTS ${,69
NON BUDGET REVENUE ADJUST
Y GIRCUIT BREAKER $o ($134,tU21 ($134,4421
REBATE $o ($so,5l4) ($50,514)
AND DISTRESSED ADJUSTMENTS $o ($s{o) ($51o)
REIMBURSEMENT $o ($52,4{5) ($s2,4{5)
NON BUDGET ADJUSTMENTS ($237,881)
REVENUE ADJUST TNGREASE(DECREASE) ${,455,137

EXPENSES

EXPENSES $3t,o6o,484 $31,260,484 $31,220,358 $3{,860,484 $3{,260,484

IP ${83,253 $o $o $o $335,963 $335,963
PROJECTS $85,4{9 $85,419 $85,4{9 $85,419 $o ($a5,4{
ROAD AID $3{ 7,3{ 6 $3{ 7,316 $317,3{ 6 $317,316 $3{6,794
EDUCATION $5,28O,692 $5,28O,692 $6,193,609 $3,247,895 $5,O53,O1O $t ,8o5,1 { 5

EXPENSE ADJUSTMENTS TNCREASE(DEGREASE) $1,455,{37