Woodstown-Pilesgrove Regional School District 2018/19 Budget - PowerPoint PPT Presentation

Woodstown-Pilesgrove Regional School District 2018/19 Budget Presentation Board Meeting: April 26, 2018

Takeaways 1. Superintendent message 2. Summarize reductions 3. Budget details 4. Tax impact 2

91+% of our revenues is our Operating Budget 3

Matching Revenue & Expense Buckets 2017/18 2018/19 Description $ Change % Change Budget Proposed Operating Budget $22,942,605 $22,865,703 -$76,902 -0.3% Grants and Entitlements $659,070 $536,798 -$122,272 -18.6% Repayment of Debt $1,525,927 $1,531,802 $5,875 0.4% Total Revenues $25,127,602 $24,934,303 -$193,299 -0.8% 2017/18 2018/19 Description $ Change % Change Budget Proposed General Fund $22,942,605 $22,865,703 -$76,902 -0.3% Special Revenue Funds $659,070 $536,798 -$122,272 -18.6% Debt Service Funds $1,525,927 $1,531,802 $5,875 0.4% Total Expenditures/Appropriations $25,127,602 $24,934,303 -$193,299 -0.8% 4

Focus on Operating Budget (Revenue) 2017/18 2018/19 Description $ Change % Change Budget Proposed Local Tax Levy $10,814,414 $11,030,702 $216,288 2.0% Total Tuition $4,214,772 $3,886,059 -$328,713 -7.8% Unrestricted Misc Revenues $544,192 $526,800 -$17,392 -3.2% Revenues from State Sources $7,137,998 $7,192,286 $54,288 0.8% Revenues from Federal Sources $24,240 $29,856 $5,616 23.2% Budgeted Fund Balance $200,000 $200,000 $0 0.0% Adjustment for Prior Year $6,989 $0 -$6,989 -100.0% Encumbrances Revenues (Over)/Under Expenses $0 $0 $0 NA Operating Budget $22,942,605 $22,865,703 -$76,902 -0.3% 5

View 1: Expenses by Category 6

View 1: Expenses by Category 2017/18 2018/19 18/19 Description $ Change % Change Budget Proposed Proportion Salaries $14,094,161 $13,702,501 -$391,660 -2.8% 59.9% Employee Benefits $4,065,146 $4,400,609 $335,463 8.3% 19.2% Purchased Professional and Tech Svcs $652,908 $574,665 -$78,243 -12.0% 2.5% Property Services $166,614 $182,650 $16,036 9.6% 0.8% Transportation $1,350,650 $1,326,544 -$24,106 -1.8% 5.8% Insurance $129,092 $128,815 -$277 -0.2% 0.6% Telephone $119,723 $131,925 $12,202 10.2% 0.6% Tuition $969,224 $1,174,842 $205,618 21.2% 5.1% Other Purchased $229,211 $241,908 $12,697 5.5% 1.1% General Supplies & Materials $590,223 $412,330 -$177,893 -30.1% 1.8% Utilities $425,508 $469,200 $43,692 10.3% 2.1% Textbooks $54,437 $30,200 -$24,237 -44.5% 0.1% Other Objects $89,414 $83,220 -$6,194 -6.9% 0.4% Capital Outlay $6,294 $6,294 $0 0.0% 0.0% Total General Fund Expenses $22,942,605 $22,865,703 -$76,902 -0.3% 100.0% 7

View 2: Expenses by Department 2017/18 2018/19 18/19 Description $ Change % Change Budget Proposed Proportion Instruction $11,170,164 $10,925,369 -$244,795 -2.2% 47.8% Support Services -- Students $1,612,930 $1,675,305 $62,375 3.9% 7.3% Support Services -- Instructional Staff $552,547 $391,369 -$161,178 -29.2% 1.7% Support Services -- Gen Admin $605,128 $619,865 $14,737 2.4% 2.7% Support Services -- School Admin $1,346,653 $1,243,658 -$102,995 -7.6% 5.4% Central Services $446,774 $466,312 $19,538 4.4% 2.0% IT $152,470 $126,690 -$25,780 -16.9% 0.6% Grounds, Custodial, Maintenance $1,759,988 $1,710,605 -$49,383 -2.8% 7.5% Security $175,770 $170,000 -$5,770 -3.3% 0.7% Transportation $1,048,741 $1,129,627 $80,886 7.7% 4.9% Personnel Services $4,065,146 $4,400,609 $335,463 8.3% 19.2% Capital Outlay $6,294 $6,294 $0 0.0% 0.0% Total General Fund Expenses $22,942,605 $22,865,703 -$76,902 -0.3% 100.0% 8

2018-2019 Supported Innovations Instructional Programming Extra-Curricular Activities Personnel and Operations Language Arts Program: Achieve All High School Clubs and Athletics In-House Staff Development Elementary Reading Program Remain Except Winter Track High School Mathematics Pilot Initiative Priority Aligned Job Descriptions Middle School Science Curriculum Federal Grant Spending Upgrade Technology Hardware and Reduced Administration To Match Infrastructure State Benchmark Class Size Within District Standards 9

2018-2019 Budget Reductions Instructional Programming Extra-Curricular Activities Personnel and Operations HS Twilight (moved from evening to High School Winter Track 1 Retirement (attrition) afternoon) Teacher Stipend condensing Middle School Sports 2 Full-time and 1 Part-time Aide 1 Full-time and 1 Part-time Special Ed Teacher Duty restructuring Teacher (compact programming) 1 Part-time Roper ECLC Teacher 1 WMS Teacher 3 WHS Teacher 1 WPRSSA Support Staff 2 Administrators (Curriculum & Guidance) 10

Tax Levy and Tax Rate by Municipality 18/19 Increase vs. Municipality 17/18 Tax Levy 18/19 Tax Levy 17/18 Pilesgrove $7,554,864 $7,789,169 $234,306 Woodstown $4,673,733 $4,666,013 -$7,721 Total $12,228,597 $12,455,182 $226,585 17/18 Tax Rate 18/19 Tax Rate 18/19 Increase vs. Municipality (actual) (estimated) 17/18 Pilesgrove 1.587% 1.643% 0.056% Woodstown 1.636% 1.662% 0.026% 11

Tax Levy and Tax Rate by Municipality 2017 Assessed 18/19 Annual Tax 18/19 Monthly Tax Municipality 17/18 Annual Tax 18/19 Annual Tax Value Increase Increase Pilesgrove $100,000 $1,587.00 $1,643.00 $56.00 $4.67 Pilesgrove $200,000 $3,174.00 $3,286.00 $112.00 $9.33 Pilesgrove * $278,852 $4,425.38 $4,581.54 $156.16 $13.01 Pilesgrove $300,000 $4,761.00 $4,929.00 $168.00 $14.00 Pilesgrove $400,000 $6,348.00 $6,572.00 $224.00 $18.67 Woodstown $100,000 $1,636.00 $1,662.00 $26.00 $2.17 Woodstown $200,000 $3,272.00 $3,324.00 $52.00 $4.33 Woodstown * $210,761 $3,448.05 $3,502.85 $54.80 $4.57 Woodstown $300,000 $4,908.00 $4,986.00 $78.00 $6.50 Woodstown $400,000 $6,544.00 $6,648.00 $104.00 $8.67 12 * Denotes "Average Home Assessed" value.