S PRING L AKE S CHOOL D ISTRICT H.W. M OUNTZ S CHOOL 2016-2017 Final Budget Presentation Dr. Raymond Boccuti – Superintendent Mr. Nick Mackres – Business Administrator Mrs. Kerri Walsifer – Director of Student Services Mr. Chris Soto – Director of Technology
B UDGET P HILOSOPHY ¢ “The H.W. Mountz School of the Spring Lake School District is a 2015 National Blue Ribbon Award , Pre-K to 8, educational institution committed to excellence in teaching, learning, and improving student achievement.” ¢ “The budget of the school district strongly maintains, and continually improves, the integrity of the instructional program keeping the school district on the cutting edge of preparing our students for the future.”
B UDGET T IMELINE January 1 Released: Private School Tuition Rates (NJDOE Finance Website) January 19 Ad Hoc Finance Committee Meeting #1 January 20 First Download (State Budget) February 2 Ad Hoc Finance Committee Meeting #2 February 23 Governor’s Address February 25 Expected State Aid Figures (Second Download) March 3 Ad Hoc Finance Committee Meeting #3 March 15 Ad Hoc Finance Committee Meeting #4 March 18 Ad Hoc Finance Committee Meeting #5 March 21 Preliminary Budget Presentation and Action To Submit at BOE Regular Meeting March 22 Deadline: Submit Preliminary Budget to County Superintendent April 19 Deadline: Advertise in The Coast Star for April 21 publishing April 25 County Approval: Last Day April 25 Budget Hearing (Public): Earliest Day April 26 BOE and Public Hearing (Presentation) & Adoption at BOE Action Meeting May 9 Budget Hearing (Public): Last Day May 19 Deadline: Submit Final Budget to the State
B UDGET P ROCESS ¢ Starts with the Administrative Team: Historical analysis of three fiscal years: Audited, to budgeted, to projected Projection of conservative revenue Projections of actual expenditures with conservative contingencies guided by the state and auditor Zero-based, ongoing, administrative team review of every line in the proposed budget Review of ongoing progress with the Board of Education’s ad hoc Finance Committee: ¢ Vincent Daino – Board President ¢ Alan Ferarro – Board ¢ Dr. Boccuti – Superintendent ¢ Nick Mackres – Business Administrator ¢ Kerri Walsifer – Director of Student Services
B UDGET A SSUMPTIONS ¢ Revenue highlights: Historical budgeting: ¢ 2014-2015 – Audited ¢ 2015-2016 – Budgeted ¢ 2015-2016 – Actual (to become audited) ¢ 2016-2017 – Projected No use of banked cap Stay within 2% tax levy cap – 1.9% for 2016-2017 Grants – 85% from current year Zero based budgeting – Wherever possible
B UDGET A SSUMPTIONS ¢ Expenditure highlights: Historical budgeting: ¢ 2014-2015 – Audited ¢ 2015-2016 – Budgeted ¢ 2015-2016 – Actual (to become audited) ¢ 2016-2017 – Projected Research: ¢ Ongoing projection of enrollment ¢ Survey staff on life changes (e.g. healthcare, retirement, etc.) ¢ Healthcare, insurance – Up 10% ¢ Contact as many vendors as possible for next year’s pricing Current staffing – 2016-2017 adjustments
B UDGET A SSUMPTIONS ¢ Staffing: Teachers ¢ Decrease one teacher ¢ Increase social worker from one to two days per week ¢ Full time equivalent (FTE 30.8 to 30) 10 Month Employees ¢ Status quo with para professionals (FTE 8.88) ¢ Status quo with aides (FTE 1.979) 12 Month Employees ¢ Add hourly technology support one day per week ¢ Status quo with administrators, secretaries, custodians ¢ FTE 11.6 to 11.8
B UDGET - G OOGLE S HEETS E XAMPLE 14-15 15-16 15-16 15-16 16-17 Delta Account Number Description Audited Budget Adjusted Available Projected (Proj/Adj) Notes 11-000-100-561-00 TUITION OTHR LEA'S NJ RG 831,485 652,881 716,878 1 $743,192 3.7% $139,000 Manasquan HS: Grade 9: 10 Students $95,886 Manasquan HS: Grade 10: 7 Students $246,564 Manasquan HS: Grade 11: 18 Students $246,564 Manasquan HS: Grade 12: 18 Students ($27,622) Manasquan HS: Tuition Adjustment SY 14-15 $27,800 Red Bank Regional: 2 students @ $13,900 each $14,000 Red Bank Regional: Potential 1 student $1,000 Anticipated Increase: Red Bank Regional $0 MHS, 14/15 $13,100, 15/16 $13,200, 16/17 $13,900 11-000-100-562-00 TUITION OTHR LEA'S NJ SP 123,405 201,460 155,550 260 $222,846 43.3% $60,000 Manasquan Resource Room (Historical) $40,966 Howell Twp Tuition, Student $5,462 Howell Twp ESY Tuition, Student $21,650 Howell Twp Aide, Student $1,823 Howell Twp ESY Aide, Student $62,000 Anticipated Additional Elementary School Student $3,500 Wall - ESY - 1 student $21,445 Manasquan LLD - Student, (15/16-$19,501, 16/17-$21,445) $6,000 Increase of 3% of anticipated cost of tuition of students 11-000-100-563-00 TUITION TO COUNTY VOC RG 79,846 79,560 85,680 0 $99,840 16.5% $18,720 BioTech $18,720 Hi Tech High $18,720 Allied Health $18,720 Communications $24,960 Anticipated Student x 4 (9th Grade) $0 2016/17 Rates = $6,240
B UDGET - G OOGLE S HEETS E XAMPLE 14-15 15-16 15-16 15-16 16-17 Delta Account Number Description Audited Budget Adjusted Available Projected (Proj/Adj) Notes 11-000-100-561-00 TUITION OTHR LEA'S NJ RG 831,485 652,881 716,878 1 $743,192 3.7% 11-000-222-300-00 OTHER PURCHASED PROF SRV 13,405 13,435 14,088 76 $16,745 18.9% $3,286 Learning A-Z Education $4,595 Discover United Streaming $2,295 Brainpop & Brainpop Jr & Espanol $0 Choice Literacy $2,294 Microsoft Licensing $1,500 PebbleGo $1,650 Smart Notebook Upgrade $125 Enchanted Learning $1,000 Anticipated Increase & New Programs 11-000-222-500-00 OTHR PURCH SERVICES 21,544 18,237 18,237 11,401 $10,883 -40.3% $1,000 Server Warranty $1,996 Sonic Wall Maintenance & Updates $550 Follett Software for Library $3,367 Schoolwires (webstie and mobile app) $0 Service Contract for TV Studio - Video Corp America ($6,500 normally). N $500 Smartnet 24*7*4 $1,270 E-rate Services $1,200 Unitrend Recovery Cloud 1tb backup - SHI $1,000 Anticipated Increase 11-000-222-600-01 LIBRARY BOOKS & PERIODIC 4,951 5,000 5,679 3,087 $5,000 -12.0% $3,400 Library Books & Periodicals $1,600 Magazine Subscriptions 11-000-222-600-02 LIBRARY SUPPLIES & MATER 203 1,000 1,000 479 $1,000 0.0% Library Supplies 11-000-222-600-03 TECHNOLOGY SUPPLIES AND 9,687 3,000 2,321 1,189 $2,231 -3.9% ZoneDirector 1200 + 2 AP + Support
C OUNTY T AX R ATES Monmouth County Taxes Spring Lake Property Taxes 2015 Distribution 2015 Distribution County County 17% 40% School Schools Municipalities 28% 59% 24% Municipa l 32%
2015 S CHOOL T AX R ATES BY M UNICIPALITY : 0.949 1.879 1.327 Freehold Boro Long Branch City Roosevelt Boro 1.760 1.309 0.924 Upper Freehold Twp Holmdel Twp Brielle Boro 1.745 1.303 0.876 Millstone Twp Neptune City Boro Manasquan Boro 1.714 1.254 Aberdeen Twp 0.818 Shrewsbury Twp Rumson Boro 1.700 1.251 Wall Twp Highlands Boro 0.815 Lake Como 1.689 1.248 Allentown Boro Little Silver Boro 0.794 Belmar Boro 1.630 1.246 Howell Twp Englishtown Boro 0.711 Spring Lake Heights Boro 1.622 1.240 Matawan Boro Fair Haven Boro 0.669 Sea Bright Boro 1.606 1.230 Hazlet Twp Shrewsbury Boro 0.608 Monmouth Beach Boro 1.565 1.202 Freehold Twp West Long Branch Boro 0.564 Asbury Park City 1.459 1.192 Marlboro Twp Red Bank Boro 0.512 Bradley Beach Boro 1.431 Ocean Twp 1.184 Colts Neck Twp 0.388 Avon By The Sea Boro 1.386 Farmingdale Boro 1.183 Tinton Falls Boro 0.348 Interlaken Boro 1.364 Keyport Boro 1.178 Oceanport Boro 0.195 Sea Girt Boro 1.355 Loch Arbour Village 1.166 Union Beach Boro 0.182 Spring Lake Boro 1.352 Manalapan Twp 1.127 Eatontown Boro 0.100 Deal Boro 1.344 Atlantic Highlands Boro 1.027 Neptune Twp 0.059 Allenhurst Boro 1.333 Middletown Twp 1.008 Keansburg Boro
S TRATEGIC S HAREHOLDERS ¢ The 2016-2017 Budget maximizes each dollar through collaborative efforts with: Parent Teacher Association (PTA) Spring Lake Educational Foundation (SLED) Booster Club ¢ Assemblies ¢ Class trips ¢ Curricular enhancements ¢ Extra curricular activities ¢ Facility/grounds maintenance and improvements ¢ Professional development ¢ Technology
School Year 2016-2017 R EVENUES Budgeted/Projected Revenues Proposed By Source Local Tax Levy - General Fund $ 6,378,991 81.4% Local Tax Levy - Debt Service $ 131,083 1.7% Debt Service Fund Aid $ 58,386 0.7% State: State Aid $ 197,310 2.5% State: Extraordinary Aid $ - 0.0% Fund Balance (Legal Reserve) $ 479,599 6.1% Fund Balance (Unassigned) $ 925 0.0% Fund Balance (Adjustment Prior Year) 0.0% Reserve, Capital $ 37,500 0.5% Reserve, Debt Service $ 6 0.0% Reserve, Maintenance $ 50,000 0.6% Reserve, Tuition $ 73,000 0.9% Shared Service: Avon $ 25,000 0.3% Tuition Income, Pre-K $ 33,000 0.4% Tuition Income, K-8 (Non-Resident Only) $ 78,000 1.0% Interest $ 2,700 0.0% Misc. Revenue 0.0% Under Exependitures 0.0% Prior Year Encumbrances 0.0% Grant, ESSA $ - 0.0% Grant, IDEA $ 98,877 1.3% Grant, NCLB $ 38,882 0.5% Grant, Non-Public (St. Catherine's) $ 151,420 1.9% Grant, Safety 0.0% Total Projected Revenue $ 7,834,679
Recommend
More recommend
