n b c regional school district proposed 2010-2011 budget

N B C Regional School DistrictProposed 2010-2011 Budget

NBC HAS GONE GREEN

NBC:

First In the County To Go Green !!!

Solar Panels Are InstalledRoof Repair Is CompletedHVAC UpgradesFire System Replaced

$95,000 SREC Projected$30,000 Electric Savings$40,000 Reduction in

Capital Outlay Projections

BUDGET AT A GLANCEGeneral Fund

2010 Total$31,037,679

2011 Total$30,963,619

Total General Fund Decrease:

($76,060) or (0.24%)

General Fund Spending “Below Zero” Growth

FY’10 = $31,037,

679

FY’11 =$30,963,

619

($76,060) Decrease In General Fund Spending (0.24%)

Solar Project Revenue Incentives ($125,000 Savings & Revenue)

Continued Rise In Fixed Costs: Utilities - Sewer (25%) Energy - Gas & Electric (10%) & Health Care Costs (27%)

KEY COMPONENTS!!

4% Cap on Tax Levy Increase

2.5% Proposed Cap on Tax Increase

2% Cap on Surplus

No Cap Waivers

KEY COMPONENTS!!

IT’S THE LAWFY’10$2.1

MillionCut in State Aid

FY ’11$1.6 Million

Reduction in State Aid

4% Cap on Tax Increase for FY’11$639,857

Key Components:Significant Revenue Reductions:

$2.1 Million Reduction in State Aid For FY’10This is the result of the Executive Order #14 Governor

Christie passed in January. Northern Burlington is appealing this action. A successful appeal will reinstate much needed impact aid for FY’11 and FY’12. $1.6 Million Reduction in State Aid For FY ’11

There is no appeal for this reduction. Northern Burlington has acted swiftly and prudently to develop a spending plan that reflects these reduced revenues with a focus on academic stability. $240,000 Additional Cuts if 2.5% Tax Cap Impose

Governor Christie’s Budget proposes a 2.5% Tax Cap (3/14/10)

IT’S THE LAWCuts AdministrationCuts

Faculty and Support Staff

Maintains All Academic, Athletic, and Extra-Curricular

Programs

Significant Appropriations Reductions (Personnel)

Administrative

PositionsFaculty

PositionsSupport

Staff Positions

• $120,000• 1.5 Positions• $500,000

• 7.5 Positions• $275,000

• 4 Positions

Significant Appropriations Reductions (Non-Personnel)

Energy

Capital Outlay

Building &

Grounds

• $125,000• SREC’s and Credits

To Subsidize

• $120,000• Minimize Computer

Replacement• $140,000• Stop Model

Classroom Renovations and Classroom Furniture Replacement

This represents only a 4% increase in the Local Tax Levy.This is the figure voters will be asked to approve in the school election on April 20, 2010.

Amount to be raised in taxesFor the General Fund budget.

$16,636,278

GENERAL FUND TAX REVENUE

• This figure includes appropriations for current expense and capital outlay which includes a State assessment fee for construction grant monies in the amount of $103,912.

2010-2011 General Fund Budget

$30,963,619** .24% Decrease

BUDGET AT A GLANCE

• This figure combines the General Fund and Debt Service budget and includes the State mandated Assessment fee to

the School Development Authority (SDA).

Total 2010-2011 Budget$34,284,346**less than a 1% Increase

BUDGET AT A GLANCE

Revenue Summary

State Aid33%

Local Taxes54.5%

Fund Balance

7.5%

Miscellaneous

1.3%

Federal Aid

3.7%$34,284,346

REVENUE SUMMARY FY’2011

Budget Category 2009-20102010-2011 Proposed Inc/Dec % Inc/Dec

General Fund:Fund Balance $1,520,000 $2,547,250 $1,027,250 67.58%Subtotal: $1,520,000 $2,547,250 $1,027,250 67.58%Revenues From Local SourcesLocal Tax Levy $15,996,421 $16,636,278 $639,857 4.00%Tuition $138,686 $102,136 ($36,550) -26.35%Transportation Fees Other LEA's $120,000 $120,000 $0 0.00%Interest Earned on Capital Reserve $12,600 $10,000 ($2,600) -20.63%Miscellaneous Revenue $252,000 $247,000 ($5,000) -1.98%Subtotal: $16,519,707 $17,115,414 $595,707 3.61%State $12,106,389 $10,556,367 ($1,550,022) -12.80%Total State & Local Revenue: $30,146,096 $30,219,031 $72,935 0.24%Impact Aid $891,583 $744,588 ($146,995) -16.49%Adjustments from Prior Years $0 $0 $0 0.00%Special Revenues from State $2,943 $3,415 $472 16.04%Miscellaneous Revenue (State) $0 $0 $0 0.00%Total Federal Revenues $397,425 $534,496 $137,071 114.23%Total Debt Service Fund: $2,518,351 $2,782,816 $264,465 10.50%Total Revenue: $33,956,398 $34,284,346 $327,948 0.97%Total Appropriations: $33,956,398 $34,284,346 $327,948 0.97%

In-struc-tion53%

Administration5.8%

Business Operations

2%

Staff De-velopment

1%

Operating & Maintenance

11%

Transporta-tion6%

Benefits21%

Capital Outlay.2%

Appropriations

PROGRA

M SUMMAR

Y

Program Description 2009-10Proposed 2010-2011 INC/DEC %INC/DEC

General Current ExpenseRegular Programs - Instruction $9,289,193 $8,881,273 ($407,920) -4.39%Special Education - Instruction $1,665,902 $1,619,284 ($46,618) -2.80%Basic Skills/Remedial - Instruction $337,796 $516,672 $178,876 52.95%Bilingual Education - Instruction $0 $12,615 $12,615 #DIV/0!Vocational Program - Local $417,035 $438,716 $21,681 5.20%Activities - Instruction $280,987 $311,226 $30,239 10.76%School-Sponsored Athletics $698,845 $717,357 $18,512 2.65%Other Instructional Programs $0 $0 $0Community Services Operations $275 $275 $0 0.00%

Undistributed Expenditures:Instruction - Special Education Tuition $1,143,128 $859,708 ($283,420) -24.79%Attendance & Social Work Services $170,300 $147,867 ($22,433) -13.17%Health Services $308,778 $311,158 $2,380 0.77%Other Support Ser-Students-Req-Guidance $700,756 $738,661 $37,905 5.41%Oth. Supp. Serv.-Std. Rel & Ext $569,856 $559,015 ($10,841) -1.90%Other Support Services - Special -CST $704,462 $704,822 $360 0.05%Improv of Instr Serv/Oth Sup Ser $443,624 $451,434 $7,810 1.76%Library $202,253 $181,324 ($20,929) -10.35%Instructional Staff Training Services $286,991 $284,627 ($2,364) -0.82%Support Services - Gen. Adm $704,208 $676,214 ($27,994) -3.98%Support Services - School Admin $1,272,792 $1,251,947 ($20,845) -1.64%Central Services - Admn & Info Technology $468,866 $484,168 $15,302 3.26%Operation and Maint. Of Plant $3,325,068 $3,396,894 $71,826 2.16%Student Transportation Services $1,884,780 $1,865,223 ($19,557) -1.04%Business/Other Support Services $0 $0 $0Employee Benefits $5,933,889 $6,369,617 $435,728 7.34%Food Services $0 $0 $0 #DIV/0!

Appropriation to Emergency Reserve $25,000 $0 $0 0.00%

Total Undistributed Expense $18,119,751 $18,282,679 $162,928 0.90%TOTAL GENERAL CURRENT EXPENSE $30,834,784 $30,780,097 ($54,687) -0.18%

Total Capital Outlay $193,285 $173,912 ($19,373) -10.02%Total Adult Education - Local Instruction $9,610 $9,610 $0 0.00%GENERAL FUND GRAND TOTAL $31,037,679 $30,963,619 ($74,060) -0.24%

Allocation of Equalized Valuation - CEIFA 10/11

District # MunicipalityEqual. Value of

Municipality

Elementary Enrollment

10/15/09

Regional Enrollment

10/15/09Elementary

Percent

Elementary Equalized Valuation

Regional Equalized Valuation

2010-11 Percent Share

0830 Chesterfield 720,868,052 493 331 59.83% 431,295,356 289,572,696 21.8599351%2960 Mansfield 1,336,609,697 697 594 53.99% 721,635,575 614,974,122 46.4245924%

3650 North Hanover 496,725,277 1,015 632 61.63% 306,131,788 190,593,489 14.3879632%5010 Springfield 479,592,285 304 279 52.14% 250,059,417 229,532,868 17.3275093%

NBC 3,033,795,311 2,509.0 1,836 1,709,122,136 1,324,673,175 100.0000000%



Municipality


10/15/08

Regional Enrollment

10/15/08Elementary

Percent






NBC 3,077,154,048 2,452.0 1,823 1,719,183,189 1,357,970,859 100.0000000%



Municipality


10/15/07

Regional Enrollment

10/15/07Elementary

Percent






NBC 2,844,711,374 2,423.0 1,850 1,573,471,702 1,271,239,672 100.0000000%

Tax Impact

Total/Average Chesterfield Mansfield North Hanover SpringfieldProjected Assessed Value 2/1/10: $2,787,547,696 $787,000,869 $1,317,910,160 $235,140,796 $447,495,871

Share of N.B.C. Tax Levy 100.00 21.86 46.42 14.39 17.33

General Fund Tax Levy $16,636,278 $3,636,680 $7,723,324 $2,393,622 $2,882,653General Fund Tax Rate $0.462 $0.586 $1.018 $0.644General Fund Tax Increase/(Decrease) $0.009 $0.047 $0.008 ($0.043) $0.026

Debt Service Tax Levy $2,072,399 $453,025 $962,103 $298,176 $359,095Debt Service Tax Rate $0.058 $0.073 $0.127 $0.080Debt Service Tax Rate Increase/(Decrease) $0.01 $0.011 $0.009 $0.009 $0.01

Total General & Debt Tax Levy $18,708,677 $4,089,705 $8,685,427 $2,691,798 $3,241,748Total General & Debt Tax Rate $0.520 $0.659 $1.145 $0.724Total Increase/(Decrease) in Taxes $0.019 $0.058 $0.017 ($0.035) $0.038

Average Assessed Home $449,400 $339,100 $177,500 $322,000Average Tax Increase/(Decrease) $209.82 $25.00 ($77.00) $83.80

Northern Burlington County Regional School District2010 - 2011 Tax Impact At A Glance

District 8: Mansfield & SpringfieldSenator PHILIP E. HAINES - Republican District Office: 32A North Main St., Medford, NJ 08055 (609) 654-1498

Assemblywoman DAWN MARIE ADDIEGO - Republican Votes by Bill District Office: 32A North Main St., Medford, NJ 08055 (609) 654-1498

Assemblyman SCOTT RUDDER - Republican District Office: 32A North Main St., Medford, NJ 08055 (609) 654-1498

http://www.njleg.state.nj.us/members/BIO.asp?Leg=271



District 30: Chesterfield & North

HanoverSenator ROBERT W. SINGER -

Republican District Office: 2110 W. County Line Rd, Jackson, NJ 08527 (732) 901-0702

Assemblyman RONALD S. DANCER - Republican District Office: 2110 W. County Line Rd., Jackson, NJ 08527 (732) 901-0702

Assemblyman JOSEPH R. MALONE, III - Republican District Office: 311 Farnsworth Avenue, Bordentown, NJ 08505 (609) 298-6250




NBC Will Weather The Fiscal Storm

n b c regional school district proposed 2010-2011 budget

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