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Paramus Public Schools
www.paramus.k12.nj.us
Public Budget Hearing PresentationApril 24, 2017
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Budget Overview
Maintains and enhances existing programs.
Budgeted tax levy within the 2% tax cap.
Provides for staffing levels that maintain the District’s current class-size guidelines.
Provides resources to support District and Board goals.
Contains additional non-tax related revenues.
Reflects cost saving and efficiency measures.
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1. September & October prepare budget development documents and distribute to
Board & Administrators.
2. Administrators submit budget in November and
hold budget review meetings in December.
3. Review staffing requests and
determine changes.
4. January & February – State aid
figures, and initial budget review with Finance Committee.
5. Tentative budget approval in March and sent
to the county superintendent for
approval.
6. Public hearing and final adoption in late April
or early May.
Budget Process
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Programs EnhancementsInstructional Program Phase I of 1:1 Technology Initiative District Wide Core & Network Switches New Elementary Science Curriculum Elementary – Literacy & Online Resources High School Textbook & Instructional Resources Curriculum and Staff Development Combine Community School & Early Childhood Center
Preschool Programs School Age Child Care (SACC) Academic Program Elementary World Language Academic Interventionists (Federally Funded) Administrative Restructuring
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AP Courses & Languages
o Literature & Compositiono Language & Compositiono US History I/IIo European Historyo Psychologyo US Government & Politicso Physics I/IIo Physics Co Biologyo Chemistryo Computer Science A
o Environmental Scienceo Calculus AB/BCo Statisticso Spanish Language & Cultureo German Language & Cultureo Italian Language & Cultureo Macro/Microeconomicso Studio Arto Art Historyo Photography o Music Theory
Budget Maintains current offerings:25 AP Courses
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New High School Course Offerings
o American History & Culture I & II (ELL)
o Chinese III CP
o German III CP
o Italian III CP
o Physics – Grade 9
o Physics Honors – Grade 9
o Technical Drawing
o Digital Communications
o Graphic Design II
o Treble Choir Honors
o Other Courses Through Virtual High School
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Infrastructure Projects
Parkway & East Brook Security Vestibules East & West Brook Roof Replacements East & West Brook Bathroom Renovations High School Boys Locker Room Renovation High School Chiller Replacement High School Gym A/C Memorial Kindergarten Bathroom Renovations Stony Lane Flooring LED Retrofits District Wide Paving & Site Work
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2017-2018 Revenue Budget, $90,945,000
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General Fund State Aid
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School Year Amount Year over Year Change
2017-2018 2,048,461$ -$ 2016-2017 2,048,461$ 47,475$ 2015-2016 2,000,986$ -$ 2014-2015 2,000,986$ 76,360$ 2013-2014 1,924,626$ 1$ 2012-2013 1,924,625$ 496,356$ 2011-2012 1,428,269$ 1,420,390$ 2010-2011 7,879$ (2,687,690)$ 2009-2010 2,695,569$ (1,055,963)$ 2008-2009 3,751,532$ 60,190$
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2017-2018 Appropriations Budget, $90,945,000
Total Appropriations – $85,673,000
Taxpayers Guide to Spending – www.state.nj.us/education/guide/
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Budget Comparison
2017-18Proposed $ Diff % Diff
General 76,332,885 84,989,633 85,575,000 585,367 0.69%Special Revenue 3,995,294 4,810,196 3,837,518 (972,678) -20.22%
Debt Service 1,617,781 1,577,482 1,532,482 (45,000) -2.85%
Total 81,945,960 91,377,311 90,945,000 (432,311) -0.47%Less: Non-Tax Levy Revenues 6,051,004 14,486,160 12,797,905 (1,688,255) -11.65%Total School Tax Levy 75,894,956 76,891,151 78,147,095 1,255,944 1.63%
16-17 vs 17-18Fund
2015-16 Actual
2016-17 Adjusted
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Tax Impact
Assessed Value Tax 2016-17 Tax 2017-18 Dollar
Difference
$ 300,000 $ 2,862.10 $ 2,897.20 $ 35.10
$ 500,000 $ 4,770.00 $ 4,828.50 $ 58.50
$ 700,000 $ 6,678.00 $ 6,759.90 $ 81.90
Rate & Impact Proposed, 1.63%FY18 Rate per $100 of Valuation: 0.9657
Increase over FY17 Rate of 0.954: 0.0117
100,000 Assessed Value $ 11.70
Average Assessed Home $535,312 $ 62.63
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Cost Controls
Bond Refinancing & Paid Off 2005 Bond SDA Grants for Capital Projects Energy & Phone Audits Energy Efficiency & Conservation Projects Cooperative Purchasing Programs Joint Insurance Fund Statewide Consortium to Purchase Internet Bandwidth E-Rate Grant for Wireless network expansion Use of Technology to Reduce Paper & Postage
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www.paramus.k12.nj.us
Questions & Comments