1 / 13

Where Does the Money Go?

Developmental. Debt Service. Other. 0.4%. 7%. 7.5%. Textbooks & Supplies. 1%. Plant. Special Education. 6%. 10.4%. Operations. 4%. Benefits. Admin. 10%. Regular Education. Salaries. 12.8%. 72%. 50.3%. Cocurricular. 1.0%. Athletics. 2.5%. Spec Ed. 15.1%.

ishi
Download Presentation

Where Does the Money Go?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Developmental Debt Service Other 0.4% 7% 7.5% Textbooks & Supplies 1% Plant Special Education 6% 10.4% Operations 4% Benefits Admin 10% Regular Education Salaries 12.8% 72% 50.3% Cocurricular 1.0% Athletics 2.5% Spec Ed 15.1% Where Does the Money Go? Programs Expenses

  2. Per Pupil Costs, $ 305 264 1167 398 1104 1105 1198 1129 1022 1353 Total Per Pupil Costs 1432 1263 Haddonfield $9,257 K-12 Our Size $9,781 K-12 Our Size / Our DFG $10,308 (District Factor Group) Extracurricular Operations & Maintenance 6249 5908 Administration 5441 Support Services Classroom Instruction K-12 Our Size Haddonfield K-12 Our Size & DFG How Do We Compare in Spending to Other Districts Our Size in New Jersey? Data from 2003 Comparative Spending Guide http://www.state.nj.us/njded/guide/2003/

  3. How Do We Compare in Number of Teachers & Administrators? DFG: District Factor Group I - Socioeconomic Grouping Our Size: K-12 District with 1801 to 3500 students Data from 2003 Comparative Spending Guide http://www.state.nj.us/njded/guide/2003/

  4. Resident Enrollment is Increasing And Tuition Income is Decreasing

  5. 0.48% Benefits 0.45% Operations 0.29% Special Education 0.01% Textbooks & Supplies 0.32% Other 4.69% Salaries A “Status Quo” Budget Would Force a 7% School Tax Increase • Current programs are maintained and no new programs are added. • Expense increase is driven by Salaries and Benefits - 80% of our budget. • Tax Increase is higher than expenses (7% v 6.2%) due to lower revenues: • Flat State Aid • Lower Interest Income • Lower Tuition Income • “Status Quo” Is Not Proposed General Expense Increase Totaling 6.24%

  6. Proposed Budget - 5.47% School Tax Increase How Did We Get There? • Reductions to Tax Base Totaling $493,000 • General Expense Cuts $248,000 • New Revenues $145,000 • Reduced Salary Costs through Severance Package $100,000 • New “Initiatives” (Additions to Tax Base) $273,000 • Two Budget Questions

  7. General Expense Cuts - $248,000 • High School Business Teacher $50,000 • Keyboarding and Accounting • Elementary Spanish $50,000 • No World Language in Elementary Schools • Developmental Kindergarten $25,000 • No DK Program (low enrollment) • Kindergarten and Local Preschools to fill gap • 10% Cut in Supplies Budget $50,000 • Postpone purchases • Reading Recovery Training $43,000 • Reading Recovery Program remains unchanged • CST Secretary $30,000

  8. New Revenues - $145,000 • Middle School Tuition Program $100,000 • ~154 students in 7th grade next year. Adding 12 tuition students would yield average class size of 20 to 21. • ~173 students in 8th grade next year. Adding 5 tuition students would yield average class size of 22 to 23. • Middle School Activity Fee $15,000 • $50/yr and $75/year family cap • High School Activity Fee $30,000 • $100/yr and $150/year family cap

  9. New Initiatives - $273,000 • K-12 Curriculum Coordinator (English, SS, World Language) $50,000 • Expansion of previous K-8 Language Arts Supervisor • 3 High School Facilitator positions eliminated • 0.5 English teacher to full time to address class size • Elementary Class Size Reduction (3 Elementary Teachers) $150,000 • Two - 1st Grade Teachers (class size below 20) • 5th Grade Teacher (class size below 27) • Middle School World Language Teacher Increased Hours $20,000 • Reduction in French class size from 34 students • Custodial Services $33,000 • Support for New Square Footage • Nursing Services $20,000 • Support for Central/Middle School Nurse

  10. 2nd Question - What is it? • State has established a formula to calculate the maximum General Fund expense increase allowed in the budget question on the ballot. This is called the “cap”. • Any funds budgeted above the cap have to be put into additional question(s). • Our cap for this year equates to a 4.06% school tax increase. • We are recommending spending $336,000 above the cap. Therefore, we have a second question.

  11. 2nd Question - What’s in it?

  12. Proposed Budget - 5.47% School Tax Increase • Proposed Budget: $23,469,217 versus $22,184,984 in 2002. • Average Assessment of $220,000: • School Tax Increases from $4,856.57 to $5,122.18 • ~$22/month increase • Rule of thumb: $10/month increase for every $100,000 assessed

  13. How does the BOE view two questions? • Not two budgets • Not one budget and a wish list • Is one budget separated only by law!

More Related