Public Hearing 2020-2021 School Budget May 7, 2020 1 Presentation - PowerPoint PPT Presentation

Public Hearing 2020-2021 School Budget May 7, 2020 1

Presentation Overview  Revenue  Appropriations  Statement of Purpose  Budget Summary  District Initiatives  Tax Impact  Debt Service  What is Next? 2

Revenues – Adjusted vs Final REVENUES 2019-2020 2020-2021 Final CHANGE FROM Adjusted Budget 2019-2020 $ 3,043,846 Tax Levy $ 152,192,308 $ 155,236,154 2.0% $ 916,428 State Aid $ 5,728,299 $ 6,644,727 16.0% Extraordinary Aid, $ 944,225 $ 2,100,000 $ 3,044,225 45.0% Other State Aids $ 3,334 Medicaid/SEMI $ 123,724 $ 127,058 2.7% $ (710,000) Other Revenues $ 2,137,705 $ 1,427,705 (33.2%) 3

Revenues – Adjusted vs Final REVENUES 2019-2020 2020-2021 Final CHANGE FROM Adjusted Budget 2019-2020 $ 0 Fund Balance $ 1,750,000 $ 1,750,000 0% $ (2,253,000) Capital Reserve $ 3,253,000 $ 1,000,000 (69.3%) Transfers from --- $ 0 $ 0 Other Funds Prior Year $ (388,092) $ 388,092 $ 0 Encumbrances (100.0%) Revenues (over) / $ 0 $ 0 --- under Expenditures Total Revenues $ 167,673,128 $ 169,229,869 $ 1,556,741 0.9% 4

DISTRICT REVENUES TAX LEVY represents funds raised by property taxes. Tax Levy - 91.8% STATE AID reflect general revenue provided the State Aid - 3.9% the state’s formula calculations and Exaid . Fund Balance - 1.0% CAPITAL RESERVE are funds that are anticipated from the district’s reserves in 2020 -2021. Misc Revenue - 1.8% Federal Aid - 0.1% Capital Reserve - 0.6% Tuition & Rents - 0.8%

Expenditures – Adjusted vs Final Program 2019-2020 2020-2021 CHANGE FROM Adjusted Final Budget 2019-2020 $ 1,444,481 Instruction $ 46,437,206 $ 47,881,687 3.1% $ 485,323 Special Education $ 35,426,290 $ 35,911,613 1.4% Improvement of $ 997,563 $ 989,863 $ 1,987,426 Instruction, Prof Dev 100.8% Other Programs $ 0 $ 380,000 $ 380,000 (Summer / B & A) 0.0% General $ 25,081 $ 1,491,303 $ 1,516,384 Administration 1.7% School $ (324,842) $ 5,812,721 $ 5,487,879 Administration (5.6%) Central $ (11,176) $ 1,460,398 $ 1,449,222 Administration (0.8%) $ (146,410) Technology $ 2,039,856 $ 1,893,446 (7.2%) 6

Expenditures – Adjusted vs Final Program 2019-2020 2020-2021 CHANGE FROM Adjusted Final Budget 2019-2020 $ 61,105 Activities/Clubs $ 921,039 $ 982,144 6.6% $ 329,436 Athletics $ 2,848,370 $ 3,177,806 11.6% Attend, Nursing, $ 443,904 $ 6,485,864 $ 6,929,768 Media, Guidance 6.8% $ (56,529) Facilities $ 15,161,021 $ 15,104,492 (0.4%) $ 234,272 Transportation $ 6,851,603 $ 7,085,875 3.4% $ 501,178 Employee Benefits $ 37,736,894 $ 38,238,072 1.3% 7

Expenditures – Advertised vs Final Program 2019-2020 2020-2021 CHANGE FROM Adjusted Final Budget 2019-2020 $ 50,000 $ 50,000 $ 0 Food Services 0% $ 0 $ (44,406) Charter Schools $ 44,406 (100%) $ (2,382,239) Capital Outlay $ 3,536,294 $ 1,154,055 (67%) TOTAL $ 167,673,128 $ 169,229,869 $ 1,556,741 EXPENDITURES 0.9% 8

DISTRICT APPROPRIATIONS District Expenditures as a Percentage of Total Operating Budget Other 6% ACADEMIC PROGRAMS includes all costs for instruction. This includes teachers and support staff salaries and benefits, instructional technology, books and other educational resources. Employee Benefits FACILITIES includes all costs related to 23% building maintenance and repair. ADMINISTRATION includes all costs for central office support services including business services, technology support, legal services, and insurance. Academic Programs ACTIVITIES includes all costs for 49% extracurricular activities including clubs and athletic programs. Student Transportation 4% Facilities 9% Administration Student Support 5% 4%

Final Budget Summary Total GF Budget 2020-2021: $ 169,229,869 Total Dollar Increase of Budget: $ 1,556,741 Total % Increase of Budget: 0.9% School Tax Levy*: $ 155,236,154 Total Dollar Increase of Tax Levy: $ 3,043,846 Total % Increase of Tax Levy: 2.0% Tax Levy Increase on Avg Home: $ 134/year *Includes: Banked Cap $0 Health Care Waiver $0 Note: Budgeted Fund Balance used: $1,750,000 10

Early Childhood Center • 3 Full Time Support Positions (Salaries & Benefits) – Physical Therapist – Behaviorist – Speech • Principal, Nurse, Secretary and Custodian • Class III SLEO Security coverage • Supplies and Materials. • Total New/Additional School Budget = $992,999 • Furniture & Technology = $129,159 11

Educational Initiatives • World Study Elementary Program = $22,000. • Amplify Science Program MS Program = $241,000. • New Middle School Social Studies Textbook / Program = $110,000. • New High School Chemistry Textbooks = $66,000. • New High School Algebra Textbooks = $57,000. • New High School History Textbooks = $25,000. • Total New Programing = $521,000. 12

Central Office Initiatives (LPA) ● TELEPHONE SYSTEM UPGRADE=$350,000 ● 1 TO 1 COMPUTER PROGRAM ● 9 TH Grade =$175,000 ● 6 th Grade = $175,000 ● Teachers = $225,000 ● TWO NEW 54 PASSENGER BUSES=$220,000 ● TWO NEW 25 PASSENGER VANS=$142,000 ● TWO NEW FACILITIES VEHICLES=$70,000 13

Capital Projects – Statement of Purpose Included in budget line 600, Budgeted Withdrawal from Capital Reserve, Cap Res-for Local Share, is $145,000 for other capital project cost for renovations at Randall Carter Elementary School for additional instructional space, $72,000 for other capital project costs for renovations at James Fallon Elementary School for additional instructional space, $142,000 for a fire alarm upgrade at the Early Childhood Center, and $641,000 in additional funds for the district’s Next Generation Science Standards renovation program. The total cost of these project is $1,000,000 which represents expenditures for construction elements or projects that are in addition to the facilities efficiency standards determined by the Commissioner as necessary to achieve the New Jersey Student Learning Standards. 14

Capital Projects – Statement of Purpose Budgeted Withdrawal from Capital Reserve (Revenue) in the total amount of $1,000,000 covers the following projects: • $145,000 for other capital project cost for renovations at Randall Carter Elementary School for additional instructional space • $72,000 for other capital project costs for renovations at James Fallon Elementary School for additional instructional space • $142,000 for a fire alarm upgrade at the Early Childhood Center • $ 641,000 in additional funds for the district’s Next Generation Science Standards renovation program 15

Total Salaries and Benefits $22,543,523 Supplies, Professional Services 13% $9,595,871 Special Ed 6% Salaries Benefits Special Ed Supplies, Professional Services $98,852,403 Salaries $38,238,072 58% Benefits 23% 16

Use of Banked Cap 2017-2018 2018-2019 2019-2020 2020-2021 Bank Cap $ 323,508 $ 323,508 $ 1,056,646 $ 1,056,646 Available Banked Cap $ 0 $ 323,508 $ 0 $ 0 Used PY Remaining Cap $ 323,508 $ 0 $ 1,056,646 $ 1,056,646 Cap Available $ 323,508 $ 0 $ 1,056,646 $ 1,056,646 for use in Future Years 17

ESSA/IDEA (Federal Programs)  Wayne Township Public Schools provides various programs to comply with the federal Every Student Succeeds Act (ESSA) legislation. The program plans are submitted to the NJDOE for approval. Resources identified for these activities are $643,004.  Individuals with Disabilities Education Act (IDEA) provides additional federal resources for the district’s special education students. This budget plan, in the amount $1,123,630 is mainly for student tuition and is also approved by the NJDOE. 18

Debt Service  Purpose: The subject debt was incurred as result of financing the Anthony Wayne Middle School.  Current obligations run to the 2023-2024 fiscal year.  Debt Service Payments:  2019-2020: $3,145,975  2020-2021: $3,046,475  2021-2022: $2,923,925  2022-2023: $2,803,175 19