MATAWAN-ABERDEEN

PROPOSED

SCHOOL BUDGET

2010-2011

Dr. Richard O’Malley

Superintendent

Mrs. Susan Irons

Business Administrator

REGIONAL SCHOOL DISTRICT

EDUCATIONAL OBJECTIVES• COMMITMENTCOMMITMENT TO IMPROVE STUDENT ACHIEVEMENT

• MAINTAINMAINTAIN ALL EXISTING INSTRUCTIONAL PROGRAMS

• ATTRACTATTRACT & RETAINRETAIN THE MOST QUALIFIED PERSONNEL

• MAINTAINMAINTAIN CLASS SIZES AT OR BELOW STATE AVERAGE

• PROVIDEPROVIDE A SAFE AND SECURE LEARNING ENVIRONMENT

• COMMITMENTCOMMITMENT TO EFFICIENCY IN SCHOOL OPERATIONS

• CONTINUECONTINUE TO INFUSE TECHNOLOGY INTO THE

INSTRUCTIONAL PROGRAMS

• COMMITMENTCOMMITMENT TO FINANCIAL INTEGRITY

EDUCATIONAL OBJECTIVESFINANCIAL HIGHLIGHTS

•Tax levy at 2% or $876,037

•Operating budget DECREASED by 2.2% or $1,249,678

•Budget introduced is $1,818,351 less than 2009-2010 budget

•State Aid Revenues DECREASED by $1,710,066 or 13%

•Increases to fixed cost are included for: Salaries, Insurance & Tuition

•Comparative costs per pupil are lowest in four years

•Administrative costs are lowest in three years and well below state and regional legal limits

ENROLLMENT

3839

3809

38893873

3859

3914 3911

2004-2005

2005-2006

2006-2007

2007-2008

2008-2009

2009-2010

2010-2011

ADMINISTRATIVE COSTSSCHOOL

YEARTOTAL

ADMINISTRATIVECOSTS

REGIONAL LIMITS

2007-2008 $1,410

2008-2009 $1,476 $1, 663

2009-2010 $1,505 $1,719

2010-2011 $1,451 $1,747

HOW SCHOOL TAX IS DETERMINEDTotal Budget $61,000,934

(Less Special Revenue & Debt Service) $ 3,828,976

Total General Fund Budget $57,171,958

Less Anticipated Revenues:

-State Aid (13% reduction) $11, 636,339

-Miscellaneous $ 289,000

-Budgeted Fund Balance $ ?

PROPOSED GENERAL FUND TAX LEVY $44,677,896

The proposed 2010-2011 tax levy is a 2% increase over last year’s levy.

TAX LEVY CAP

2009-2010 Current Tax Levy $43,801,859

PRPOSED 2010-20112% General Fund tax levy cap $44,677,896Increase of $876,037

2010-2011 Permitted tax levy (4%) $45,797,537

This is a This is a 2% increase2% increase in the tax levy in the tax levy from the 2009-2010 school budget.from the 2009-2010 school budget.

PER PUPIL COSTS

SCHOOL YEAR COST PER PUPIL

2007-2008 $12,849

2008-2009 $13,124

2009-2010 $13,239

2010-2011 $12,823

WHAT WAS REDUCED

TOTAL REDUCTIONS $5,264,684

• $2,751,480 Salaries (Loss of 37 jobs) 32 layoffs 5 retirements not replaced

• $32,708 Salaries (Loss of 1 Lunch Aide per school)

• $500,000 Privatize custodial staff (Loss of 36 jobs/Savings of $700,000 in second year)

TOTAL loss of jobs in District

78 Employees

• $773,681 Health benefits waiver (2 months)

• $200,000 ARRA funds• $111,860 Technology • $200,000 Emergency Reserve• $100,000 Retirement breakage• $32,270 Stipends for clubs and athletics• $55,000 Bus • $30,000 Tuition• $50,000 Work Study Program• $40,000 Curriculum Writing• $25,000 Overtime• $123,200 Supplies/Misc expenditures• $61,185 Workshops• $62,500 CST services/supplies• $25,000 NWEA (NCLB)• $50,800 Summer School• $40,000 Elimination of RTI

WHAT IS INCLUDED•SPECIAL EDUCATION PROGRAMS

•FULL DAY KINDERGARTEN

•ACADEMIES

•HS/MS PRODUCTIONS

•TUTORIALS

•TECHNOLOGY (Prom. Boards, replacement computers)

•ABERDEEN POLICE RESOURCE OFFICER

•TEXTBOOKS

•TRANSPORTATION/LATE BUSSES

•ATHLETIC/CLUBS/INTRAMURAL PROGRAMS

TAX LEVY HISTORYTAX LEVY HISTORY

2.3%

YEAR TAX LEVY % TAX INCREASE

DEBT SERVICE TAX LEVY

% DEBT SERVICE TAX LEVY

2000-2001 206,317 0.7% 123,032 22.7%

2001-2002 1,367,193 4.6% (97,987) (14.7%)

2002-2003 2,146,243 6.9% 8,158 1.4%

2003-2004 2,854,038 8.6% 1,765,461 307%

TOTAL 6,573,791 22% 1,798,664 332%

2004-2005 2,481,807 7% 89,266 4%

2005-2006 1,583,647 4% (203,868) (8%)

2006-2007 2,298,779 6% 201,608 9%

2007-2008 1,055,548 2.5% 323 .01%

TOTAL 7,419,781 21% 87,329 3.7%

2000-2008Cumulative Total

13,993,572 48% 1,885,993 348%

2008-2009 376,629 .9% 51,337 2%

2009-2010 (24,740) (.06%) (6,980) (.3%)

2010-2011 (anticipated) 876,037 2% (135,713) (5.6%)

TOTAL 1,227,926 2.8% (91,356) (3.85)

TAX IMPACTABERDEEN TOWNSHIPProjected Tax Increase

House assessed at $282,355 would pay

$19.77 more per year or$1.48 a month or

$0.05 a day

MATAWAN BOROUGH

Projected Tax Increase

House assessed at $347,473 would pay

$52.38 more per year or$4.37 a month or

$0.15 a day

2010-2011 BUDGET TIMELINEFebruary 22, 2010February 22, 2010 Board of Education begin to finalize Board of Education begin to finalize

2010-2011 budget2010-2011 budgetMarch 1, 2010March 1, 2010 Meet with MC Executive Meet with MC Executive

County Superintendent County Superintendent to review preliminary to review preliminary budgetbudget

March 1, 2010March 1, 2010 Nominating petitions Nominating petitions filed for school board filed for school board seatsseats

March 8, 2010March 8, 2010 COW (Action) COW (Action) Submit preliminary budget to CountySubmit preliminary budget to County

March 10, 2010March 10, 2010 Drawing of names for school board Drawing of names for school board candidatescandidates

March 16, 2010March 16, 2010 Governor Christie’s Budget MessageGovernor Christie’s Budget MessageMarch 18, 2010March 18, 2010 State Aid numbers are releasedState Aid numbers are releasedMarch 22, 2010March 22, 2010 Public Hearing on 2010-2011 school Public Hearing on 2010-2011 school

budget (Action)budget (Action)April 20, 2010April 20, 2010 School board/budget election School board/budget election

(1:00 p.m.-9:00 p.m.)(1:00 p.m.-9:00 p.m.)

Matawan-Aberdeen Public Education:

►Good for Matawan-Aberdeen’s children►Good for Matawan-Aberdeen’s property owners

►Good for Matawan-Aberdeen!

Remember to vote on April 20th!