delran 2016-17 budget january 4, 2016 15-16budget review
DESCRIPTION
REVENUES: : New State Aid:$0.00 Fund Balance:$1,665,773 ($621,248 undesignated) Increase Tax Levy:$967,484at cap with auto adjustments $250,00 benefits, $150,000 banked cap Summary of General Fund Revenues: 09-10$40,256, $38,806, $37,739, $40,563,269(with cap res. Withdraw and K Ref) 13-14$41,560,046(with cap res. withdraw) 14-15$41,722,443(with cap res. withdraw) 15-16$43,647,839(with $1 million cap res. withdrawl) Tax levy stayed within the statutory capTRANSCRIPT
DELRAN 2016-17 BUDGET
J AN U A R Y 4
, 2 0 1 6
15 - 1 6 B U D G E T R
E V I EW
DELRAN SCHOOL BUDGET INFORMATION 15-16Average Assessment down $ 1.00: $209,676Estimated tax rate increase: 9.4 centsEstimated increase on amount paid on average assessment:
$197.53Aid per SFRA (15-16): $23,256,890Actual aid 15-16 $11,535,570 ($11,720,320 est. short)BELOW ADEQUACY by: $1,092,613BELOW Administrative Cap: by $719 per studentregion: $1,934 district: $1,215 amount below: $2.15 millionBanked Cap remaining: $336,897Shared Services: communications, natural gas, electric, insurance, student services, instructional services, transportation, ed. Media, curriculum, business services
Because the budget stayed within the statutory cap and because the County Superintendent approved it, there is no budget vote in November
REVENUES: 15-162015-16: New State Aid: $0.00 Fund Balance: $1,665,773 ($621,248 undesignated) Increase Tax Levy: $967,484 at cap with auto adjustments
$250,00 benefits, $150,000 banked capSummary of General Fund Revenues:09-10 $40,256,96710-11 $38,806,70111-12 $37,739,58312-13 $40,563,269 (with cap res. Withdraw and K Ref)13-14 $41,560,046 (with cap res. withdraw)14-15 $41,722,443 (with cap res. withdraw)15-16 $43,647,839 (with $1 million cap res. withdrawl)
Tax levy stayed within the statutory cap
REVENUESBudgeted Fund Balance $1,636,265Capital Reserve withdrawal $1,000,000 Local Tax Levy $29,341,706Miscellaneous Income $80,000State Aid $11,535,570Federal Aid (semi) $30,378Grants $1,136,262Debt Service aid/levy $2,510,463Total Budget $47,294,564
Total budget includes debt service
REVENUES
Fund Bal/Cap Res
Taxes/other
State Aid
Fed/State
GrantsDebt Service
Revenues
Fund Bal/Cap ResTaxes/misc. inc.State AidFed/State GrantsDebt Service
REVENUES
19992001
20032005
20072009
20112013
20152016
$- $5,000,000
$10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000 $45,000,000 $50,000,000
Tax LevyAidBudget
ADJUSTMENT AID:
The Governor and State Legislature could easily make up for the shortfall in aid to Delran by reducing the Adjustment Aid paid to the districts that have lost enrollment since 2000 and are above “Adequacy”. The Commissioner of Education, in the Education Funding Report 2012, (p.57) makes the Statement that the Adjustment Aid must be reduced and redistributed or it will cost taxpayers. (p.57) However, the politicians in Trenton block this action (p.57). The State Aid for 2015-16 shows no reduction to districts that receive adjustment aid. Our elected officials do not have the political will to do the right thing (p.57). Delran’s 2015-16 budget shows that we spend $1.09 million below “Adequacy” or an adequate amount to educate a child in NJ. The districts that are receiving this Adjustment Aid are well above “Adequacy” and spend well above (as high as $50 million above) what the State says is an adequate amount to spend to educate a child in NJ..
ADJUSTMENT AID:
With the tax levy cap we cannot reach adequacy without an increase in State Aid. Translation – we spend about $12,500 per student and these Adjustment Aid districts spend $20,000 + per student. Not all of these districts are poor some are very wealthy districts. There is enough money in the Governor’s education budget to fund all appropriately if it were distributed correctly. I am not crying for more money in his budget, just the proper distribution
APPROPRIATONSInstruction $20,527,458 $522,700 increase: salaries, supplies, tuitionInstructional Support $ 4,608,090 $169,833 increase: salaries, supplies, Administration$ 2,939,877 $31,425 DECREASE: leases, salaries, supplies, purch. serv., phonesOps/Maintenance/Transp. $ 7,029,198 $81,414 DECREASE: Energy, bus routes, supplies, repairsBenefits $ 7,513,606 $386,702 increase: Projected State Health Increase (employees pay $853,235 toward premium)Capital Expenditures $ 1,029,610$959,000 increase: DIS playground, MS roof project – ROD Grant, $20,110 SDA assessmentTotal General Fund $43,647,839
Increase in fund 11: $966,396 or 2.3% Increase in fund 11+12: $1,925,396 or 4.6% (w/MS roof cap reserve)
Cuts to anticipated appropriations: $813,452
APPROPRIATIONS 15-16
Instruction
Administra-tion
Ops/Maint/Transp
Benefits
Capital Expend.
General Fund
InstructionAdministrationOps/Maint/TranspBenefitsCapital Expend.
APPROPRIATIONS 15-16
DIS
Millbridge
DMS
DHS
Admin/Insurance/Lease
Maint./Transp./Energy
Payroll/Benefits
CST/Tuition
Curriculum
Special Ed
Interp - CST
Technology
Cap. Reserve01
0203
0405
0708
/05
1011
1214
15-
0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00%
0.33%
0.33%
0.43%
1.33%
2.82%
14.40%
72.27%
6.03%
0.41%
0.09%
0.02%
1.37%
0.17%
0.31%
0.31%
0.41%
1.16%
2.43%
13.58%
71.03%
6.60%
0.49%
0.08%
0.03%
1.25%
2.34%
General Fund Budget Comparison w/ Banked Cap (%)
15-1614-15
APPROPRIATIONS 15-16
DISMillbridge
DMSDHS
Admin/Insurance/LeaseMaint./Transp./Energy
Payroll/BenefitsCST/TuitionCurriculumSpecial Ed
Interp - CSTTechnology
Cap. Reserve01
0203
0405
0708
/051
011
1214
15-
- 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 35,000,000 136,730
137,690
181,361
553,212
1,176,615
6,008,752
30,154,424
2,515,673
169,976
38,400
9,000
570,000
70,610
134,230
135,191
176,861
505,212
1,060,420
5,925,269
31,002,245
2,878,607
215,294
35,400
12,000
546,500
1,020,610General Fund Budget Comparison w/ Banked Cap ($ Value)
15-16 14-15
PER PUPIL COST 15-16Per Pupil Cost Calculations 12-13 13-14 14-15 15-16 Total budgetary per pupil cost $11,779 $11,952 $12,350 $12,579Total classroom instruction $ 6,841 $7,024 $7,321 $7,505Classroom salaries/benefits $ 6,369 $6,626 $6,859 $7,070Classroom supplies/texts $ 295 $239 $270 $239Classroom purchased services $ 187 $159 $191 $195Total support services $ 1,890 $1,877 $1,882 $1,967Support serv. salaries/benefits $ 1,676 $1,629 $1,673 $1,738Total administrative costs $ 1,227 $1,221 $1,213 $1,215Admin. salaries/benefits $ 904 $958 $921 $942Legal costs $ 39 $40 $30 $22Total Ops/Maint/Transp $ 1,476 $1,492 $1,597 $1,559Ops/Maint/Transp salaries/ben. $ 350 $339 $355 $357Board to food services $ 0 $0$0$0Total Extracurricular Costs $ 330 $333 $332 $327Total Equipment Costs $ 70 $12 $0$3Benefits as a % of salary 27.95% 29.55% 30.95% 31.99%
COMPARATIVE SPENDING 13-14 ACTUALS (TGES)
Revenue Sources: 34.4% State 62.8% Local 2.5% Federal .3% Tuition/0ther
Comparison of K-12 1801-3500 students (73)Lowest: 1 Highest: 73
Cost per pupil: $11,952 Rank 9CLASSROOM EXPENDITURES $7,024Rank 9Percent of budget/pupil 58.8%
CLASSROOM SALARIES/BENEFITS $6,626Rank 10Percent of budget/pupil 55.4%Sal/ben as % of classroom expenditure 94.3%
COMPARATIVE SPENDING 11*12 ACTUALSCLASSROOM SUPPLIES/TEXTS $239Rank 20Percent of budget/pupil 2.0%
CLASSROOM PURCH/SERV $159Rank 49Percent of budget/pupil 1.3%
SUPPORT SERVICES (cst,guid,nurse/doc) $1,877Rank 21Percent of budget/pupil 15.7%
SALARY/BENEFITS for support serv $1,629Rank 18Percent of budget/pupil 13.6%Sal/Ben as % of support/serv 86.8%
COMPARATIVE SPENDING 11-12 ACTUALS
ADMINISTRATION $1,221Rank 7Percent of budget/pupil 10.2%
SAL/BEN for administration $958Rank 3Percent of budget/pupil 8.0%Sal/ben as % of admin 78.5%
LEGAL SERVICES $40Rank 45Percent of budget/pupil 0.30%
COMPARATIVE SPENDING 11-12 ACTUALSOPERATIONS/MAINT/TRANSP $1,492Rank 25Percent of budget/pupil 12.5%
SAL/BENEFITS for Ops/Mt/Trp $335Rank 7Percent of budget/pupil 2.8%Sal/Benefits as % of Ops/Mt/Trp 22.7%
BOARD CONTRIBUTION Food Service $0.00
EXTRA CURRICULAR $333Rank 21Percent of budget/pupil 2.8%
COMPARATIVE SPENDING 11-12 ACTUALS
ClassroomCST, Guid,Health
Admin/Legal
Ops/Main/Tranp
Extracurricular
Per Pupil
ClassroomCST, Guid,HealthAdmin/LegalOps/Main/TranpExtracurricular
2016-17 BUDGET GF AND TAX LEVY HISTORY JAN. 4, 2016
General Fund FY 11-12 FY 12-13 FY 13-14 FY 14-15 FY 15-16
37,334,748 39,499,648 40,929,456 41,692,026 42,618,229
Increase in GF Yearly: 2,164,900 1,429,808 762,570 926,203
Tax Levy 25,383,164 26,290,827 26,816,644 28,374,222 29,341,706
Incr. in levy yearly: 907,663 525,817 1,557,578 967,484
2016-17 BUDGET GF AND TAX LEVY HISTORY JAN. 4, 2016
General Fund Tax Levy Impact::12-13 13-14 14-15 15-
16NTV -$155 million -$1.14 million -$5.06 million -
$3.6 million
Tax Amt $36.90 ($66 after ref.) $122.43$149.73 $197.53
Rate Inc. $.225 $.056 $.071$.094
Assess, $209,349 $209,630$209,677 $209,676
down $25,061 up $281 up $47down $1
2016-17 BUDGET ESTIMATES JAN. 4, 2016
2016-17 Budget Projections:
BUDGET IS REVENUE BASED
Stressors:Excess Fund Balance:
Health Care Increase (est.)
Salary Increase (est.) (0 new)
Spec Ed. Increase (est.)
13-14 984,685 636,540 542,011 250,000
14-15 536,532 -305,000employee share 0 0
(less) 448,153 331,540 542,011 250,000
Estimated Increases:
1,571,703(including excess fund balance shortfall)
2016-17 BUDGET ESTIMATES JAN. 4, 2016
Spent 14-15 budget down 98%Prior year 96.9%, historically it has been 96% or less
Rationale for anticipated appropriation increases:
Health Benefits: 6,365,396above increase at 10%
Salaries: 24,636,849above increase at 2.2%
Spec. Ed. 15-16 increases:
Instruction: 210,734 Not included:
CST: 20,071 Transportation
Tuition: 273,411 Curriculum
15-16 Increase: 504,216
2016-17 BUDGET ESTIMATES JAN. 4, 2016Revenue:
2% on levy 586,834 Tax Levy Increase:1,123,73
1Banked Cap 336,897Health SGLA 200,000New Revenues: 1,123,731
Difference: 447,972(revenue shortfall to appropriations)
Taxes:If value of community doesn't change and value of average home assessment doesn't change:
Tax increase per average assessment: $157 Tax rate change: 7.5cents
2016-17 BUDGET
Q&A