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2014-20152014-2015

Budget PresentationBudget Presentation

May 5, 2014May 5, 2014

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Maintenance of Facilities to Enhance the Safety

and Learning Environment of Staff and Students.

Continued Support of the New Jersey Evaluation Platforms.

Teachers

Administrators

Professional Development

Enhance the quality of programs for successful learning for students based on the Elementary and Secondary Education Act.

Common Core Standards, State Assessment, Transition to Partnership for Assessment of Readiness for College and Careers (PARCC), MAP

Graduation Rate, College and Career Readiness

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Unrestricted State Aid – Operating Budget Categorical/Equalization Aid $21,328,565

Restricted State Aid – Grants & Entitlements Preschool Education Aid $ 866,970

Federal Grant Funds IDEA (100% anticipated) $

541,416 NCLB (90% anticipated) $

1,625,362 Race to the Top (Year 4) $

39,318 Perkins (90% anticipated) $

12,422

Debt Service Aid – Repayment of Debt (47.86 % of debt requirement) $ 505,736

Other Revenues Misc. (Interest, Rent, Gate Receipts) $ 93,944 Tuition/Transportation $ 1,037,600 Extraordinary Aid $ 210,000 SEMI (Medicaid Reimbursement) $ 54,638

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Utilities - Utilities - (Gas, Electric, Phones, Water & Sewer)

6 Buildings – 427,606 sq. ft. of space

- $859,301 Employee Benefit CostEmployee Benefit Cost

(Social Security, Health/ Prescription Coverage,

Pension Contribution, Unused Sick Time and Tuition Reimbursement)

- $5,522,210 Property, Liability and Worker’s Property, Liability and Worker’s

Compensation Insurance premiumsCompensation Insurance premiums-$599,566

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Transportation cost - $1,921,055Transportation cost - $1,921,055To/From School – Regular $ 1,005,829

To/From School – Special ED $ 743,374

Co-Curricular/Athletics/Extra Runs $ 80,500

Non-Public/Choice $ 29,350

Other $ 62,002

Tuition to other Schools - $2,636,075Tuition to other Schools - $2,636,075Regular Ed (Alternative HS/MS) $ 72,748Special Ed $1,755,666 Special Ed (IDEA Funds) $ 541,416State Facilities $ 119,245SCVTS Regular $ 147,000

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DISCRETIONARY EXPENSES

Facility Repairs, Maint. & Supplies $ 573,6502%

Instructional Supplies & Materials 3,118,923 8%

TOTAL DISCRETIONARY $ 3,692,573 10%

FIXED EXPENSES

Salaries and Benefits $27,318,624 71%

Out of District Instruction 2,636,075 7%

Transportation 1,921,055 5%Utilities/Insurance/Prof . Serv. 1,610,367

4%Debt Service 1,055,665 3%

TOTAL FIXED $34,541,786 90%

TOTAL 2014-2015 BUDGET $38,234,359 100%

Facility Repairs, Maintenance &

Supplies

Instructional Supplies & Materials

Salaries and Benefits

Out of District Instruction

Transportation

Utilities/Insurance/Professional Services

Debt Service

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REGULAR INSTRUCTIONAL PROGRAMS -$9,710,913

SPECIAL EDUCATION, BSI, BILINGUAL PROGRAMS - $4,899,284

CO-CURRICULAR/ATHLETIC PROGRAMS -$425,957

REGULAR AND SPECIAL EDUCATION TUITION COSTS - $2,094,659

SUPPORT STUDENT SERVICES -$2,913,567GENERAL SCHOOL, CENTRAL ADMINISTRATION -$3,100,284

OPERATION, MAINTENANCE & CAPITAL OUTLAY -$3,514,651

STUDENT TRANSPORTATION -$1,921,055

EMPLOYEE BENEFITS - $5,512,836

FEDERAL/STATE GRANT PROGRAMS -$3,085,488

DEBT SERVICE - $1,055,665

REGULAR INSTRUCTIONAL PROGRAMS -25% SPECIAL EDUCATION, BSI, BILINGUAL PROGRAMS - 13%

CO-CURRICULAR, ATHLETICS & SUMMER SCHOOL - 1 % REGULAR AND SPECIAL EDUCATION TUITION COSTS - 6%

SUPPORT STUDENT SERVICES - 8% GENERAL SCHOOL, CENTRAL ADMINISTRATION - 8%

OPERATION, MAINTENANCE & CAPITAL OUTLAY - 9% STUDENT TRANSPORTATION - 5%

EMPLOYEE BENEFITS - 14% FEDERAL/STATE GRANT PROGRAMS - 8%

DEBT SERVICE - 3%

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High School High School

Security AideSecurity Aide

Coordinator of School Coordinator of School CounselingCounseling

2014-2015 2014-2015

STAFFINGSTAFFING

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Recurring maintenance/ground parts and supplies costs and contracted services are approximately $402,000.

Custodial Supplies are approximately $138,150.

Accountability Regulations require a work order system to track all maintenance work orders and cost of repair.

Under Educational Facilities Construction and Financing Act (EFCFA), schools must budget a minimum dollar amount to maintain their school facilities. Appropriate the minimum dollar amount based on calculation within your budget or put into Capital Reserve.

PG-CP must budget a minimum of $122,295 in accordance with the above regulation.

6 Buildings – 427,606 sq. ft./65 Acres

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COMPREHENSIVE COMPREHENSIVE MAINTENANCE PLANMAINTENANCE PLAN

Periodic inspection, testing services on HVAC and power Periodic inspection, testing services on HVAC and power supply systems. supply systems.

ALLALL SCHOOLSSCHOOLS

Repair and localize replacements of system components. Repair and localize replacements of system components. Refinishing of interior floors and walls. Refinishing of interior floors and walls.

Localized repair and maintenance of domestic water supply Localized repair and maintenance of domestic water supply systems, plumbing fixtures and boilers. systems, plumbing fixtures and boilers.

Inspection and repair of windows doors and roofs. Inspection and repair of windows doors and roofs.

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SCHOOLSCHOOL

SUPPLIES/SUPPLIES/

CONTRACTED CONTRACTED SERVICESSERVICES

CAPITALCAPITAL

OUTLAYOUTLAY TOTALTOTAL

Lafayette-PershingLafayette-Pershing $ 25,000$ 25,000 $ 0 $ 0 $ 25,000$ 25,000

Field StreetField Street 56,00056,000 00 56,00056,000

Paul W. CarletonPaul W. Carleton 25,00025,000 00 25,00025,000

Penns Grove MiddlePenns Grove Middle 125,000125,000 00 125,000125,000

Penns Grove HighPenns Grove High 105,000105,000 100,000100,000 205,000205,000

District WideDistrict Wide 24,00024,000 52,66652,666 76,66676,666

2014-2015 TOTALS:2014-2015 TOTALS: $ 360,000$ 360,000 $ 152,666$ 152,666 $ 512,666$ 512,666

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Group purchasing through ConsortiumsGroup purchasing through Consortiums copy paper, natural gas, electric (ACES), custodial copy paper, natural gas, electric (ACES), custodial

supplies, food service items, transportation service supplies, food service items, transportation service cooperative, telecommunications (ACT)cooperative, telecommunications (ACT)

Member of Joint Insurance Fund (JIF)Member of Joint Insurance Fund (JIF)

Shared Service with Other School Districts –Shared Service with Other School Districts – Transportation Transportation (Internet Hub)(Internet Hub)

Participation in Smart Start Program – reimbursement Participation in Smart Start Program – reimbursement for energy efficiency itemsfor energy efficiency items

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TAX RATE EFFECTTAX RATE EFFECT

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SCHOOL TAX DECREASE SCHOOL TAX DECREASE CALCULATIONCALCULATION

TAXTAX

RATERATE

PENNS GROVEPENNS GROVE

+0.021+0.021

$ 1.234 $ 1.234

Per $100 AssessmentPer $100 Assessment

CARNEYS POINTCARNEYS POINT

+0.055+0.055

$ 1.232$ 1.232

Per $100 AssessmentPer $100 Assessment

ANNUALANNUAL

TAXTAX

CHANGECHANGE

$23.61 $23.61

(.06/day)(.06/day)(ON AVERAGE HOME (ON AVERAGE HOME ASSESSED @ $110,000ASSESSED @ $110,000

$94.61$94.61

(.26/day)(.26/day)(ON AVERAGE HOME (ON AVERAGE HOME ASSESSED @ $170,830ASSESSED @ $170,830

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