the 2015-2016 budget public hearing april 27, 2015 matawan-aberdeen regional school district...

The 2015-2016 Budget

Public HearingApril 27, 2015

Matawan-AberdeenRegional School District

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Board of Ed

Vision Statement Students will become life-long learners, critical thinkers, and creative problem solvers who achieve success as honorable members of society Mission StatementWe are committed to meeting or exceeding the New Jersey Core Curriculum Content and Common Core State Standards at all grade levels in all areas, and providing a safe and supportive environment where students are inspired, empowered, and encouraged to excel

Vision & Mission Statements

Anissa Esposito, PresidentJohn P. Delaney, Ed.D., Vice President

Kenneth AitkenWeymouth Brittingham

Allison FriedmanKathleen Gentile

Tara MartinezJoelle Nappi

Africa Nelson

The Board of Education

2014-2015

Michele Ruscavage, Principal

College acceptances: University of Michigan, Purdue University, NYU, Fordham University, Vanderbilt University

National Brain Bee champion – Adam Elliott $10,000 STEM grant from Ocean First New Jersey State football champions, Central Group 3

Football, 2014 Girls and boys winter track champions

High School

Cory Radisch, Principal

Implementation of Positive Behavior Support Dramatic decrease in student disciplinary referrals Advancement of co-teaching model for inclusion District leader in use of Google Apps for Education Creation of a Guided Reading room and use of leveled

libraries in literacy instruction

Middle School

Joseph Jerabek, Principal

Improved school climate for staff and students through emphasis of Respect, Responsibility, and Collaboration

Successful implementation of the pilot for the departmental program

Introduction of the Student of the Month program to further emphasize character development and a positive school climate

Positive growth results so far with our Read 180 Title I reading intervention program

Increase in the use of technology in instruction and learning through the use of Google docs, forms, and Google Classroom for peer collaboration

Lloyd Road

K–3 SchoolsCliffwood, Ravine Drive & Strathmore

Ms. Ulrich, Ms. Janover & Ms. Bera, Principals

Adoption of iRead, Read 180 and Systems 44 Going Green through weekly e-blasts to parents Incorporation of real world experiences for Special

Education students Family Literacy Night Expanded classroom libraries and media center

circulation

Wayne Spells, Principal

17 newly identified preschool students whose needs we have been able to meet through our in-district program – more to come

Began the expansion of our in-district Occupational Therapy program

Working to improve the sensory gym for students Formation of the Cambridge Park Playground Committee to

improve the playground Coming soon – the Cambridge Park PTO

Cambridge Park

2015-2016

2015-2016 Budget2015-2016Proposed

2014-2015Approved $ %

Operating Budget $64,484,388 $65,420,763 $(936,375) (1.4)%

Grants and Entitlements 1,061,907 991,031 70,876 7.2%

Debt Service 2,448,770 2,438,530 10,240 0.4%

Total $67,995,065 $68,850,324 $(855,259) (1.2)%

Debt Service

Issue Principal Rate TermP&I

‘15-’16

PrincipalBalance

@ 06/30/16

2011 $20,530,000 4.0% 20 Years $1,863,950 $17,705,000

2002 5,665,000 5.2% 20 Years 584,820 0

$1,615,000 $2,448,770 $17,705,000

Debt service for 2016-2017 will equal $1,817,150 - $577,260 or 23.5% less than in 2015-2016.

Grants and Entitlements2015-2016Proposed

2014-2015Approved $ %

NCLB $ 337,201 $ 301,934 $35,267 11.7%

IDEA 724,706 689,097 35,609 5.2%

Total $ 1,061,907 $ 991,031 $ 70,876 7.2%

Operating Budget - Revenue2015-2016

Tentative2014-2015Approved $ %

Local Tax Levy (1) $48,072,836 $47,130,231 $942,605 2.0%

State Aid (2) 12,180,468 12,180,468 0 0.0%

Fund Balance (3) 503,458 2,732,052 (2,228,594) (81.6)%

Capital Reserve (4) 2,733,542 2,601,000 132,542 5.1%

Maintenance Reserve (5) 347,280 0 347,280 100.0%

Miscellaneous 646,804 777,012 (130,208) (16.8)%

Total $64,484,388 $65,420,763 $(936,375) (1.4)%

1) Banked cap from prior budgets afforded the Board of Education the ability to increase the levy by $506,978 or 1.1% above the statutory 2.0% cap. However, the Board decided to minimize taxes by increasing the levy by only $942,605 or 2.0%.

2) Categorical state aid to be received in the coming school year is exactly the same as is being received in the current school year. NOTE: Projected state aid for next year is $804,169 or 6.2% less than that received in the 2009-2010 school year of $12,984,637.

3) The $503,458 of fund balance budgeted for FY15 represents 100% of the audited excess surplus from FY14 which the Board has reserved for various safety and security related projects.

4) The $2,733,542 withdrawal from the Capital Reserve has been reserved by the Board to fund various safety and security related projects.

5) 100% of the $347,280 withdrawal from the Maintenance Reserve will be used to fund required building maintenance.

Appropriations2015-2016Tentative

2014-2015Approved $ %

Regular Programs - Instruction $ 20,428,384 $ 19,731,648 $ 696,736 3.5%

Special Education - Instruction 4,908,513 4,854,259 54,254 1.1%

Basics Skills - Instruction 807,918 880,000 (72,082) (8.2)%

Bi-lingual - Instruction 276,043 280,565 (4,522) (1.6)%

Co-curricular & After School 1,296,816 1,278,904 17,912 1.4%

Tuition 2,567,187 2,494,663 72,524 2.9%Social Work & Health 665,428 729,915 (64,487) (8.8)%Related Services 1,412,282 1,645,386 (233,104) (14.2)%Guidance 1,069,318 1,078,187 (8,869) (0.8)%Child Study Teams 1,574,357 1,190,100 384,257 32.3%Other Instruction 1,505,778 1,514,182 (8,404) (0.6)%

Appropriations2015-2016Tentative

2014-2015Approved $ %

Administration (Building & CO) 4,344,163 4,291,141 53,022 1.2%

Information Technology 202,786 196,200 6,586 3.4%Operations, Maintenance & Security

4,961,466 5,066,698 (105,232) (2.1)%

Transportation 2,677,302 3,169,301 (491,999) (15.5)%Benefits (Net) 12,334,173 11,549,708 784,465 6.8%Capital Outlay 3,452,474 5,469,906 (2,017,432) (36.9)%Total $ 64,484,388 $ 65,420,763 $(936,375) (1.4)%

Salaries & Benefits 73.3%

Capital Projects 5.4%

Tuition 4.0%

Transportation 4.2%

Everything Else 13.1%

The FY16 Budget by the Numbers

What’s New & Noteworthy?

High School Courses: Introduction to Engineering Advanced Math Topics Civic Leadership

1 G&T Teacher to support the K-5 schools

21st Century Career & Alternative Education After School Program

Special Education Staff: 1 LDTC for the Child Study Team 2 full time Occupational Therapists 1 part time Occupational Therapist

What’s New (Cont.)

1 Technology Consultant to assist with increased workload

1 Part Time Business Office staff member to assist with increased workload from the Affordable Care Act

Additional Positions at the Middle School: 1 Guidance Counselor (new) 2 Basic Skills Teachers (filled by current staff) 1 Music Teacher (new) 1 Computer Teacher (filled by current staff)

1 Grade 4 Teacher at Lloyd Road (filled by current staff)

What’s New (Cont.)

783 Chromebooks: 556 at MAMS = 1:1 ratio for students 227 split between the High School and Lloyd Road

59 wireless access points at the High School, MAMS and Lloyd Road

2,619 headphones – required by DOE for use during PARCC

Upgrade of wireless controller at the main server room

Per Pupil Cost

Projected FY16 Enrollment 3,959.0

FY16 MARSD Budgetary Per Pupil Cost $13,986 $797 below FY14 state average of $14,783 (1)

FY16 MARSD Administrative Per Pupil Cost $ 1,461$480 below the regional limit of $1,941 (2)

1) Source: 2014 Taxpayers Guide to Education Spending for K-12 districts – Indicator #1.

2) Source: NJDOE 2015-2016 Budget Guidelines.

Property Taxes3 Things You Need to Know

1. Total Assessed Value of the entire townUP is good! DOWN is not good!

2. Assessed Value of your homeDOWN is good! UP is not good!

3. Tax rateDOWN is good! UP is not good!

Property Taxes“School Year “ Tax Rate (1)

Total Current Taxes (2) Total Current Assessed Valuation (3)

X 100

= Current Tax RateTownship of Aberdeen

$34,704,418/ $2,006,446,300 = .017

.017 x 100 = 1.70

Borough of Matawan

$15,817,188 / $968,515,500 = .016

.016 x 100 = 1.60

1) The “School Year” tax rate presented is from July through June – NOT from January through December.

2) Total taxes includes the levy on the operating budget + debt service.3) The total assessed valuation in both Matawan and Aberdeen are preliminary.

Each increased significantly from 2015.

Property Taxes (cont.)School Property Taxes

Assessed Value of Property

100

x Current Tax Rate

= School Property Taxes

School Year Property Taxes

July 2015 – June 2016Borough of MatawanYear Avg. Value * Tax Rate * Taxes

2015 $300,200 1.60 $4,803.20

Change +$1,800 -0.03 -$60.72

2014 $298,400 1.63 $4,863.92

* Source: Municipal Tax Assessor.

School Year Property TaxesJuly 2015 – June 2016Township of Aberdeen

Year Avg. Value * Tax Rate * Taxes

2015 $268,755 1.70 $4,568.84

Change +$1,683 0.00 +$28.62

2014 $267,072 1.70 $4,540.22

* Source: Municipal Tax Assessor.

Next Steps

May 14th = Deadline for submission of final budget

May 15th = Budget is opened in the general ledger

July 1st = The 2015-2016 budget is enacted

July 1st = 2016-2017 Budget process formally begins

April 29th = Post User Friendly Budget on the District Website

Questions?

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