2019-2020 School Budget Public Presentation April 30, 2019 SGES - PowerPoint PPT Presentation

2019-2020 School Budget Public Presentation April 30, 2019

SGES Mission Statement: Provide students with a safe and nurturing environment, while empowering them with the knowledge, skills, and values they need to think critically, respect themselves and others, and achieve their highest potential as lifelong learners.

Two-time recipient Beyond Academic of the United States Department of Performance Education National Blue Ribbon School Award Our Priorities & Values: Self-discipline • Honesty • • Fairness • Courtesy Responsibility • Respect • 2005 & 2017

Beyond Academic 96% Performance of our Pre-High Extra-Curricular Opportunities: Students Participate • Interscholastic Athletics through the in MCAL: Extracurricular Baseball, Basketball, Cheerleading, o Soccer, Softball, and Tennis Activities • Performing Arts: Band, Chorus, and Drama o

Beyond Academic 100% Performance of our • K-5 Class Plays Students • Grades 1-5 STEM Classes Participate • Pre-High Open STEAM • Gifted & Talented Convocations in School • Sending District Convocations Activities • 6 th – 8 th Clubs: Art, Chorus, Drama, Gardening and o Beyond Robotics Academic • Pre-High Cycle Classes Art, Music, Environmental o Classes Stewardship, Study Skills/World Cultures

149 Elementary School Students The 2019-2020 26 Budget supports the Manasquan High School thorough and efficient Students education of 188 10 students in grades Vocational High School Students Pre-K - 12. 3 Out of District/Unilateral Students

SG PTO SG Boosters SG Boosters SG Recreation PTO Enrichment Enrichment Stickball Basketball Munchkin Soccer Classes Activities Camps SG Boosters SG Recreation Shore STX Field SG Recreation SG Recreation Summer Running Hockey Basketball Yoga Basketball Camp Monmouth 8 th Grade Car SGES is Coast Football Wash Club The Heart of the Community SG Boosters SG Boosters Adult Flag Football Open Gym Friends of Tri-Shore Town Council Planning Board Sea Girt PTO Special Little Meetings Meetings Craft Fair Athletes League SG Boosters Spring Lake SG Boosters Monmouth County 4H Parent Basketball Titans Field Hockey Ocean Explorers Workshops

Cooperatives & Shared Services • Sea Girt Police Department and • Participant in the ACES and ACT Department of Public Works program • Partnership with • Participant in NJSIG Sea Girt Ed Foundation ○ • Participant in NJ State Health Benefit Program ○ Booster Club • Curriculum and Professional PTO ○ Development articulation with • MRESC Purchasing Cooperative Manasquan Sending Districts • MOESC Transportation • Member of NJ Edge Purchasing Cooperative Cooperative

Priorities for Development of the Budget.

Provide the best educational atmosphere for our • students Maintain programs while implementing State • mandates Maintain faculty and provide our staff with • resources that ensure our students receive the best education Maintain critical infrastructure • Improve the safety and security of our facility • Provide the community with a facility that they are • proud of Maintain a stable tax impact on our community •

The Budget Challenge: Maintain a stable tax impact, without sacrificing school programs

THE ANSWER: Innovative ways to deliver savings and efficiencies. Appropriate Fund Balance ● Collect More than 86K in Tuition Revenue ● Utilize Additional EBS Monies ● ● Research Grant Monies Explore Energy Cost Saving Measures ● Enter into Agreements and Coop Opportunities with Surrounding Districts Making decisions in a fiscally responsible manner ●

SGES Revenue Sources: Misc. Revenue Revenue 2% Capital Reserve State Aid 19% 2% Fund Balance Appropriated Tax Levy 8% 69% Tax Levy Fund Balance Appropriated State Aid Capital Reserve Misc. Revenue

School District Revenues REVENUES 2018-2019 2019-2020 $ Change % of Total Tax Levy $ 4,603,588 $ 4,666,328 $ 62,740 69.38% Fund Balance Appropriated $ 576,764 $ 536,865 ($ 39,899) 7.98% (General and Tuition Reserve) Miscellaneous Revenue $ 70,520 $ 88,064 $ 17,544 1.31% (Tuition, Interest) State Aid $ 129,193 $ 131,992 $ 2,799 1.96% Extraordinary Aid $ 0 $ 0 $ 0 0% Operating Budget Revenue $ 5,380,065 $ 5,423,249 $ 43,184 80.63% Federal Programs $ 34,918 $ 46,186 $ 11,268 0.69% (IDEA & ESEA) Debt Service Local Tax Levy $ 0 $ 0 $ 0 0% Fund Balance Appropriated $ 0 $ 1,256,684 $ 1,256,684 18.68% (Capital Projects/Reserve Withdrawal; General) TOTAL REVENUE $ 5,414,983 $ 6,726,119 $ 1,311,136 100%

Historic Increases/Decreases of Tax Levy 2010-2011 2.00% 2011-2012 (2.00%) 2012-2013 1.85% 2013-2014 2.00% 2014-2015 2.97% 2015-2016 2.94% 2016-2017 2.00% 2017-2018 2.00% 2018-2019 2.00% 2019-2020 1.36%

Debt Service Fund Tax 20 2019-20 20 TAX LEVY $ -0- Levy

Revenue Summary: 2019-2020

• Tax Levy: 2019-2020 is 1.36%, which is lower than the 2% cap • Tax Levy increase of $62,740 or an average of $47 per parcel of land (1327 parcels) • Tax Levy Cap Adjustment: $0 (0%) • Increase in State Aid: $2,799 • Increase in Private Tuition: $17,544 • Free Balance: $463,865; Tuition Reserve: $73,000 • Capital Reserve withdrawal of $1,256,684 • Budget Increase: $1,311,136

SGES Expenditures: Expenditures Grant and Expenditures 1% Capital Expenditures 19% Student Administration Programing 4% 42% Plant Operations 9% Student Support 25% Student Programing Student Support Plant Operations Administration Grant and Expenditures Capital Expenditures

School District Expenditures EXPENDITURES 2018-2019 2019-2020 $ Change % of Total Student Programming (Grades PreK -12) (Instructional, Tuitions, Special Education Tuition, Transportation, Extra-Curricular) $ 2,916,883 $ 2,858,698 ($ 58,185) 42.50% Student Support Services (Guidance, Child Study Team, Media, Nurse, Communications, Benefits and Insurance) $ 1,630,198 $ 1,692,006 $ 61,808 25.16% Plant Operations (Custodial/Maintenance services, contracted building projects, energy costs $ 565,301 $ 617,567 $ 52,266 9.18% School/Central Administration $ 259,731 $ 247,026 ($ 12,705) 3.67% Grants and Entitlements $ 34,918 $ 46,186 $ 11,268 .69% Capital Expenditures $ 7,952 $ 1,264,636 $ 1,256,684 18.80% Debt Service $ 0 $ 0 $ 0 0% TOTAL REVENUE $ 5,414,983 $ 6,726,119 $ 1,311,136 100%

● Tuition for Manasquan and Vocational High School Programs, and Out-of-District Placements So where does Transportation ● the money go? ● Professional Development Salary Increases ● Health Benefit Cost Increases ● Legal Fees ● Facility Maintenance (New ● Roof and Gym Refresh) Reallocation to EBS Funds ● (reduces current expenses)

Expenditure Summary: 2019-2020

Expenditures: ● Increase in Expenditures: $1,311,136 ● Maintain All Current Programs ● Additional Salary and Benefit Costs ● Additional Special Education Costs ● Additional Transportation Expenses ● Additional Professional Development Expenses ● Major Construction Project

Analysis of Tax Levy Compared to Property Values Comparison of School Tax Rate vs. Assessed Value of Home 2019-2020 2018-2019 School Year School Year Difference Between Assessed Value Tax Rate Tax Impact Assessed Value Tax Rate Tax Impact Years of Home of Home $500,000 0.1961 $980 $500,000 0.1965 $983 ($3) $750,000 0.1961 $1,471 $750,000 0.1965 $1,474 ($3) $1,000,000 0.1961 $1,961 $1,000,000 0.1965 $1,965 ($4) $1,250,000 0.1961 $2,451 $1,250,000 0.1965 $2,456 ($5) $1,500,000 0.1961 $2,942 $1,500,000 0.1965 $2,948 ($6) $1,924,884 0.1961 $3,775 $1,924,884 0.1965 $3,782 ($7) $2,000,000 0.1961 $3,922 $2,000,000 0.1965 $3,930 ($8) $2,500,000 0.1961 $4,903 $2,500,000 0.1965 $4,913 ($10) $3,000,000 0.1961 $5,883 $3,000,000 0.1965 $5,895 ($12) $3,500,000 0.1961 $6,864 $3,500,000 0.1965 $6,878 ($14) $4,000,000 0.1961 $7,844 $4,000,000 0.1965 $7,860 ($16) Represents a .0004 tax rate decrease (1.36% actual increase in taxes)

Questions? Don’t forget the Sea Girt School District Budget will be posted on the School Website! https://seagirt.k12.nj.us Go Patriots!