Moorestown Township Board of Education 2018-2019 BUDGET - PowerPoint PPT Presentation

Moorestown Township Board of Education 2018-2019 BUDGET PRELIMINARY BUDGET SUBMISSION MARCH 27, 2018

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?

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.

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%

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%

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

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

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)

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)

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

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%

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%