Three-Part Budget Statement 2024-25
New York law requires school districts to present their budgets divided into three expenditure categories— program, administrative and capital—and compare them to the previous year’s costs. Liberty’s three-part budget is as follows:
Program
2023-24 Budgeted —2024-5 Projected
$51,677,444 / 77.95% of budget — $52,704,091 / 77.47% of budget
Includes salaries and benefits of all teachers and staff who deliver pupil services (guidance, health, library/media, etc.), textbooks, co-curricular activities, athletics, and transportation costs.
Administrative
2023-24 Budgeted — 2024-25 Projected
$6,769,810 / 10.21 % of budget — $7,370,342 / 10.83 % of budget
Includes salaries and benefits of administrators, supervisors, and administrative clerical staff, public information, printing, curriculum and staff development, school board costs, general insurance and professional fees.
Capital
2024-25 Budgeted — 2024-25 Projected
$7,849,108/11.84% of budget — $7,959,861 / 11.70 % of budget
Includes salaries and benefits of maintenance and custodial staff, debt service on buildings, utilities, equipment, and court-ordered costs.
Total
2023-24 Budgeted —2024-25 Projected
$66,296,362 — $68,034,294