5/ 2/ 2018 Moorestown Township Board of Education 2 0 18 - 2 0 19 B U D G E T PR E L I M I N A R Y B U D G E T SU B M I SSI O N M A R CH 2 7, 2 0 18 Presentation Goals Residents What assumptions were made to build the budget and how will my investment of tax dollars be used? What will be done to conserve district resources? How will taxes be impacted? Parents What will this budget provide for my children? Faculty & Staff Will this budget provide the resources we need to help our students succeed and to maintain an environment conducive to learning? 1
5/ 2/ 2018 Budget Priorities Support District Goals Sustain rigorous academic programs Maintain co-curricular & athletic programs Maintain facilities Continue revenue generation initiatives Budget Assumptions Enrollment – No significant changes anticipated Staffing - Will be adjusted according to enrollment to maintain class size policy Fund balance - Will be maintained at the state maximum Tax base – The value of taxable property (ratables) has increased by about $26.7 million over 2017. This reduces the tax rate by dividing the tax levy over a larger base. 2
5/ 2/ 2018 Budget Assumptions-Revenues Anticipated Revenues: Local General Fund Tax Levy - $62,936,029 (increase of 2.0% = $1,234,040) State Aid = $3,575,367 (increase of 9.4% = $306,665) Extraordinary Aid/ SEMI - $639,020 Tuition – $1,850,000 Other school districts, Parent paid, Integrated Preschool, Ext Kdgn Miscellaneous Revenue Generation – $792,545 Facility Use Fees, Before and After Care, Shared Services, Enrichment Programs, Interest, other misc. Budgeted Fund Balance - $2,223,271 Budget Assumptions Revenues Budgeted Fund Balance Revenue $2,223,271 Generation 3% $792,545 1% Tuition $1,850,000 3% Tax Levy $62,936,029 87% State Aid/ EXAID $4,214,387 6% 3
5/ 2/ 2018 Budget Assumptions-Expenditures Expenditures: Salaries – Year 3 of 3 - Moorestown Education Association Year 2 of 3 - Moorestown Administrators Association Employee Benefits & Insurance - Health, Dental, Workers Compensation, Property, Casualty, Auto, Environmental, Cyber Liability Rate increases - 5.9% (SHIF) and 1.5%(BCIP) Public Employees Retirement System pension employer contribution – Anticipated 4% increase Budget Assumptions-Expenditures Expenditures $14,155,947 20% Salaries & Benefits Other $57,963,680 80% 4
5/ 2/ 2018 Resource Conservation through Shared Services Special Education - Utilize Burlington County Educational Services for special education programs, nonpublic IDEA and nonpublic auxiliary/ handicapped services Transportation Services - Participate in jointures with local districts and ESU Purchasing – Cooperative purchasing through Educational Data Services, NJ Educational Services Commission, Hunterdon Cty ESC, NJ State Contracts, & ACES utilities consortium Resource Conservation through Shared Services Municipal/ Public Works - Snow removal, trash disposal, street sweeping, shared equipment, athletic field maintenance Professional Staff Development - Collaborate with other local districts to provide professional development opportunities Insurance Coverages and Benefits - Member of Burlington Cty Insurance Pool Joint Insurance Fund for property, liability & workers comp insurance, and the School Health Insurance Fund for health & dental benefits 5
5/ 2/ 2018 Resource Conservation through Shared Services Shared service agreement with Delanco School District to provide: Business Administrator services Information Technology services (New) Produces revenue for the District Allows for enhanced I.T. technician coverage in-district How does the Budget Support District Goals? District Goal 1 Establish a culture of innovation to facilitate authentic growth and development of engaged, dynamic and productive leaners. Innovation through reframing of curriculum/ professional development WAMS schedule change Future Ready Schools Technology replacement plan 1:1 Expansion/ BYOD Pilot 6
5/ 2/ 2018 Support of District Goals District Goal 2 Provide resources, targeted instruction and interventions tailored to learners’ foundational needs at all grade levels. Data analysis to identify needs Professional development Upgraded resources for targeted instructional programs Evaluation of delivery models Support of District Goals District Goal 3 Design opportunities that promote self- awareness, confidence, personal responsibility and social mindfulness to provide the foundation for competent local and global citizenship. Funds allocated for staff professional development in these areas Continued outreach to students and staff based on Panorama survey feedback Recommendation for additional staff to support students (as follows) 7
5/ 2/ 2018 Staff to Address Student Needs Supporting student health and safety 0.5 Nurse – High School/ District 0.5 Psychologist – Child Study Team Information Technology Highlights 25% reduction in Internet costs with new provider Upgrade of Read 180 special education software (1-time expense) Expansion of in-class laptops for grade 5 Network equipment upgrades (eligible for e-rate discounts) to support increased computer use Staff laptop replacements (grades 7-12) 8
5/ 2/ 2018 Facilities/ Transportation Replace F250 truck with plow Baker LED lighting replacement (net of NJ Smart Start rebate) Seabox storage container Safety alert lights Replace 2 54-passenger buses Budget Development Process -Where we were Prior to the release of State Aid Deficit of $867,992 Pay to Participate Student Activity Fee 100,000 Student Parking Fee 30,000 Anticipate additional tuition, EDC & Misc 82,986 Additional surplus identified for use 298,419 Cut capital budget requests (60,480) Cut all new staffing requests (329,400) Reduce B&G overtime (17,000) Restore Out-of-district Spec Educ placement 50,293 9
5/ 2/ 2018 Budget Development Process - Where we are now Administrative recommendation for use of State Aid increase - $306,665 Reverse Student Pay to Participate Activity Fee (100,000) Reverse Student Parking Fee (30,000) Capital Reserve Deposit 103,395 Restore 0.5 School Nurse 26,635 Restore 0.5 Psychologist – CST 26,635 Restore Data Analysis 20,000 2018-19 Budget Summary 2018 2018 2019 % OF % FUNCTION ORIGINAL ADJUSTED FUTURE BUDGET CHANGE GUIDANCE $ 1,501,513 $ 1,545,821 $ 1,555,281 1% EDUCA MEDIA SERV/SCHOOL LIBR $ 716,676 $ 710,250 $ 731,490 3% REGULAR PROGRAMS - INSTR $ 23,021,006 $ 22,986,638 $ 23,652,496 3% BASIC SKILLS / REMEDIAL INST $ 431,498 $ 469,985 $ 492,861 5% BILINGUAL EDUCATION - INST $ 132,305 $ 144,971 $ 156,823 8% COCURRICULAR ACTIVITIES $ 328,109 $ 326,943 $ 349,959 7% TUITION-REGULAR $ 158,504 $ 147,765 $ 160,660 9% SCHOOL SPONS. ATHLETICS INST $ 1,172,816 $ 1,183,864 $ 1,192,391 1% REGULAR EDUCATION $ 27,462,427 $ 27,516,237 $ 28,291,961 39.3% 3% SPEECH-OT/P OTHER SUPP SERV $ 1,043,570 $ 1,033,719 $ 1,064,163 3% SPEC ED EXTRAORDINARY SERVICES $ 2,229,706 $ 2,269,970 $ 2,446,189 8% CHILD STUDY TEAM $ 1,779,287 $ 1,770,332 $ 1,819,520 3% TUITION-SPECIAL $ 1,908,304 $ 1,940,689 $ 2,168,828 12% SPECIAL EDUCATION INSTRUCTION $ 6,568,279 $ 6,522,775 $ 6,997,719 7% SPECIAL EDUCATION $ 13,529,146 $ 13,537,484 $ 14,496,419 20.1% 7% 10
5/ 2/ 2018 2018-19 Budget Summary 2018 2018 2019 % OF % FUNCTION ORIGINAL ADJUSTED FUTURE BUDGET CHANGE ATTENDANCE & SOCIAL WORK $ 56,330 $ 56,330 $ 57,080 1% HEALTH SERVICES $ 692,289 $ 705,265 $ 758,644 8% IMPROV OF INST SERVICES $ 1,481,249 $ 1,481,249 $ 1,568,847 6% TEACHER DEVELOPMENT $ 21,116 $ 19,725 $ 22,150 12% SUPP SERV-GEN ADMINISTRATION $ 883,410 $ 905,307 $ 865,467 -4% SUPP SERV-SCHOOL ADMINISTR $ 2,230,665 $ 2,243,104 $ 2,243,519 0% CENTRAL SERVICES-BUSINESS $ 694,404 $ 736,175 $ 760,434 3% INFORMATION TECHNOLOGY $ 574,628 $ 584,998 $ 574,319 -2% MAINTENANCE FOR SCH FACILITES $ 185,317 $ 233,555 $ 205,600 -12% OP & MAINT OF PLANT SERVICES $ 4,780,519 $ 4,717,062 $ 4,706,613 0% CARE & UPKEEP OF GROUNDS $ 464,500 $ 481,962 $ 459,000 -5% SECURITY $ 349,599 $ 350,364 $ 353,425 1% STUDENT TRANSPORTATION SERVICE $ 2,913,579 $ 2,913,975 $ 2,953,341 1% SUPPORT $ 15,327,606 $ 15,429,069 $ 15,528,440 21.6% 1% EMPLOYEE BENEFITS $ 13,213,157 $ 13,271,524 $ 13,473,865 18.7% 2% FACILITY IMPROVEMENTS/CAP RESERV $ 173,853 $ 198,061 $ 225,548 0.3% 14% $ 69,706,189 $ 69,952,376 $ 72,016,232 100.0% 2018-19 Budget Summary Appropriations Regular Education Capital $28,291,961 $225,548 39% 0% Employee Special Benefits Education $13,473,865 $14,496,419 Support 19% 20% Services $15,528,440 22% 11
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