2012 – 2013 Pr opose d Budge t Pr e se ntation E dwa rd Q. Se to, Supe rinte nde nt of Sc hools
F ra nklin T ownship Boa rd of E duc a tion T e le tha A. Brown, Pre side nt Julia M. Pre sle y, Vic e - Pre side nt Ric har d Ar line De lvin Bur ton Na nc y L a Cor te T homa s J. L e wis E va M. Na g y Ric ha rd Se a mon Ke isha Smith- Ca rring ton E dwa rd Q. Se to, Supe rinte nde nt of Sc hools
MISSION ST AT E ME NT T he Missio n o f the F r anklin T o wnship Public Sc ho o ls is to pr o vide e xc e lle nt e duc atio nal o ppo r tunitie s that me e t o r e xc e e d Ne w Je r se y Co r e Cur r ic ulum Co nte nt Standar ds fo r e ve r y stude nt; maintain an e nvir o nme nt that e nge nde r s an appr e c iatio n o f the value o f e ve r y stude nt; de ve lo p e ve r y stude nt to his/ he r highe st po te ntial; and instill the attitude s, skills, and kno wle dge ne c e ssar y to be c o me inde pe nde nt, c o ntr ibuting me mbe r s o f a de mo c r atic , multi-c ultur al so c ie ty.
Distr ic t Goa ls ST UDENT ACHIEVEMENT Go a l 1 De sign, imple me nt and asse ss high quality le arning ac tivitie s and o ppo rtunitie s that impro ve te ac hing and the ac ade mic ac hie ve me nt o f all stude nts, as me asure d by distric t and state asse ssme nts. PUBL IC REL AT IONS/ COMMUNIT Y ENGAGEMENT De sign, imple me nt and asse ss strate gie s that stre ngthe n c o mmunity re latio ns and Go a l 2 instill c o nfide nc e in the sc ho o l distric t thro ugh inc re ase d ac c o untability, transpare nc y and aware ne ss o f distric t ac tivitie s. SCHOOL SAF ET Y AND SECURIT Y De sign, imple me nt and asse ss pro grams and syste m impro ve me nts that pro mo te Go a l 3 safe ty and se c urity in all distric t fac ilitie s, func tio ns and whe re ve r distric t stude nts are the re spo nsibility o f the Bo ard o f E duc atio n. F ACIL IT IES De sign and imple me nt strate gie s that pr o vide e ffic ie nt, e ffe c tive mainte nanc e and Go a l 4 manage me nt o f all c urre nt and future fac ilitie s to c re ate e nviro nme nts that pro mo te stude nt le arning and minimize e ne rgy c o nsumptio n. 4
CHANGE IN SCHOOL BOARD E L E CT ION • F o llo wing a Pub lic He a ring o n F e b rua ry 9, 2012, the Bo a rd o f E duc a tio n vo te d to mo ve the sc ho o l b o a rd e le c tio n to No ve mb e r, a t the time o f the g e ne ra l e le c tio n. Co nse q ue ntly, the pub lic will no t ha ve a n o ppo rtunity to vo te o n the sc ho o l b udg e t. • Due to this vo te , re o rg a niza tio n o f the Bo a rd will o c c ur a nnua lly in Ja nua ry. • T o nig ht the Bo a rd is c o nduc ting the re q uire d pub lic he a ring a nd will a do pt the fina l 2012-2013 pro po se d b udg e t fo r a ppro va l b y the So me rse t E xe c utive Co unty Supe rinte nde nt o f Sc ho o ls. • With the a dditio n o f the he a lth c a re c o st a djustme nt, the pro po se d o pe ra ting b udg e t inc lude s a n inc re a se d ta x le vy o f 2.81%. Any a mo unt in e xc e ss o f this inc re a se wo uld b e he ld fo r a q ue stio n o n the No ve mb e r b a llo t a nd wo uld b e vo te d o n b y the pub lic .
HE AL T H CARE COST ADJUST ME NT • T he He a lth Ca re Co st Adjustme nt a llo ws distric ts to a uto ma tic a lly inc re a se the ir ta x le vy whe n the pro po se d ye a r’ s inc re a se in he a lth c a re c o sts e xc e e d the c urre nt ye a r’ s c o sts o f he a lth c a re b y mo re tha n 2%. • T he Sta te c a lc ula te d a uto ma tic He a lth Ca re Co st Adjustme nt fo r the F ra nklin T o wnship Pub lic Sc ho o ls in the 2012-2013 sc ho o l ye a r is $946,705.
HE AL T H CARE COST ADJUST ME NT • Sustaining Pr o gr ams • Pre -K inde rg a rte n • Sta te funding fo r the Distric t’ s e xisting Pre -K pro g ra m wa s re duc e d b y a ppro xima te ly $100,000, ne c e ssita ting the re duc tio n o f o ne (1) AM a nd o ne (1) PM se c tio n a nd po te ntia lly impa c ting 36 stude nts. • By ta king a dva nta g e o f the he a lth c a re c o st a djustme nt, the L E A will supple me nt the Pre -K pro g ra m to susta in c urre nt se rvic e s pro vide d fo r o ur Pre -K stude nts.
HE AL T H CARE COST ADJUST ME NT • Ne w Pr o gr ams • K -4 Spe c ia l E duc a tio n E xte nde d Sc ho o l Ye a r T uto ria l a nd Re c re a tio n Pro g ra m • Ne w Po sitio ns • One (1) Se c urity Gua rd • T wo (2) Be ha vio r Spe c ia lists • One (1) Gra de 1 Biling ua l T e a c he r • One (1) Gra de 2 Biling ua l T e a c he r • T wo (2) E le me nta ry T e a c he rs fo r a dditio na l c la ssro o m se c tio ns • One (1) Building -Ba se d Supe rviso r o f E le me nta ry L ite ra c y • One (1) Che mistry T e a c he r • T wo (2) Spe c ia l E duc a tio n T e a c he rs Hig hly Qua lifie d in Spa nish
Our Sc hool Budg e t will Support 9
Our Sc hool Budg e t will Support 10
Our Sc hool Budg e t will Support 11
Budg e t T ime line Mar c h 2012 • Administr atio n and the F inanc e Co mmitte e r e vie we d c o mme nts fr o m the public Mar c h 1 st Bo ar d ado pte d the 2012-2013 Pr e liminar y Budge t • Mar c h 12 th • Exe c utive Co unty Supe r inte nde nt appr o ve d the 2012-2013 Pr e liminar y Budge t Mar c h 19 th • Administr atio n and the F inanc e Co mmitte e me t with c o mmunity me mbe r s to disc uss the pr e liminar y budge t Mar c h 29 th • Public he ar ing o n Pr o po se d 2012-2013 Budge t • Bo ar d vo te to ado pt the F inal Budge t Mar c h 30 th • Co unty r e vie w o f F inal 2012-2013 Budge t 12
Stude nt E nrollme nt Growth 2006 2007 2008 2009 2010 2011 2012 Pro je c te d 7,698 7,966 7,951 8,120 8,198 8,145 8,433 Pr o je c te d Inc r e ase o f 288 Stude nts Ne xt Ye ar 13
Sta te Aid Alloc a tions State Aid Allo c atio n fo r the 2012-2013 sc ho o l ye ar inc r e ase d by $1,371,676 Char te r Sc ho o l Expe nse s inc r e ase d by $652,152 Sc ho o l De ve lo pme nt Autho r ity Asse ssme nt • Distr ic ts that r e c e ive d State gr ants fo r the ir fac ilitie s pr o je c ts ar e asse sse d by the NJDOE • F r anklin’s Asse ssme nt fo r 2012-2013: $166,967 14
Re ve nue for the 2012- 13 Ope r a ting Budg e t Property Taxes $ 119,844,543 87.76% State Aid $ 14,537,835 10.65% Budgeted Fund Balance $ 2,000,000 1.47% Interest & $170,480 .12% Miscellaneous Total Revenue $ 136,552,858 100.00% TAXPAYERS PAY 87.8% OF BUDGET
2012- 2013 OPE RAT ING F UND E XPE NDIT URE S Sa la rie s a nd Be ne fits $ 93,490,989 68.46% Spe c ia l E duc a tio n $ 16,830,190 12.33% T ra nspo rta tio n $ 8,396,355 6.15% (E xc luding Spe c ia l E duc a tio n a nd Cha rte r Sc ho o l) Ope ra tio ns / Ma inte na nc e $ 6,372,709 4.67% I nstruc tio n a nd Suppo rt $ 7,814,248 5.72% Cha rte r Sc ho o l $ 3,452,175 2.53% Ca pita l Outla y $ 196,192 .14% T OT AL $ 136,552,858
T otal T ax L e vy 2012- 2013 Ge ne ra l F und $ 119,844,543 De bt Se rvic e F und $ 4,998,351 T ota l $ 124,842,894
F ra nklin T ownship Sc hool T a xe s F ra nklin T ownship Sc hool T a xe s Ca le nda r Ye a r 2012 January June July December 2011 ‐ 2012 School Budget 2012 ‐ 2013 School Budget Tax Levy Tax Levy $121,746,383 ÷ 2 = $124,842,894 ÷ 2 = $60,873,191.50 $62,421,447 Tax Rate on BOE Worksheet = Tax Rate on Tax Bill ½ of Curre nt Budg e t L e vy $ 60,873,191.50 + ½ of Propose d Budg e t L e vy $ 62,421,447.00 = Ca le nda r Ye a r 2012 T a x L e vy $123,294,638.50 18
T a x Impa c t of 2012- 2013 Budg e t Sc hool Ye a r Sc hool Ye a r 2011- 2012 2012- 2013 $ % T ax Ye ar 2011 T ax Ye ar 2012 Diffe re nc e Diffe re nc e $121,746,383 $3,096,511 2.54% $124,842,894 Sc hool F isc al Ye ar T a x L e vy (July - June ) $120,262,403 $123,294,639 $3,032,236 2.52% Cale ndar Ye ar T a x L e vy (Jan- De c ) $9,236,313,479 $8,980,044,323 ($256,269,156) -2.77% Asse sse d Va lua tions .01302 .01373 .00071 5.45% T a x Ra te $1.302 $1.373 $.071 5.45% Ra te pe r $100 Rounde d 3 De c ima l
Impa c t on Ave ra g e Asse sse d Home % 2011 Average 2011 2012 Average 2012 $ Assessment Taxes Assessment Taxes Difference Difference $319,950 $4,165.75 $311,392 $4,275.41 $109.66 2.63% Annual Tax Increase of $109.66 per Average Household
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