Hancock Central School District2014-2015 HCS School District Board of

Education Budget Retreat:

Terrance P. DoughertySuperintendent of SchoolsFebruary 24, 2014

Hancock Central School District

2014-2015 Budget Basics

Hancock Central School District

Cost Drivers

Hancock Central School District

Preliminary Budget Deficit

Hancock Central School District

Potential Revenue Solutions

Hancock Central School District

Possible Expense Reductions

Hancock Central School District

Strategic Planning

Hancock Central School District

Structural Responses to Major Budget Cost Drivers

Hancock Central School District

Immediate Future Considerations- (0-12 Months)

Hancock Central School District

Net Zero Project

Hancock Central School District

DCMO BOCES Health Insurance Fund Balance Refund and B/T Cost Modifier

Hancock Central School District

Intermediate Future Considerations- (1-3 Years)

Hancock Central School District

Stabilize and Solidify

Hancock Central School District

Prescription for Success:’14-’15- ‘16-’17 Tax Levy (PILOT Recovery) GAP Elimination Personnel Management Shared Services Impact Reserves

Hancock Central School District

Indefinite Future Considerations- (3 Years and Beyond)

Hancock Central School District

Demographics

Hancock Central School District

Expand Shared Facilities/ Programming/Staffing

Hancock Central School District

A Word on Advocacy

Hancock Central School District