Presentation is loading. Please wait.

Presentation is loading. Please wait.

2014-2015 Budget Budget Update February 24, 2014.

Similar presentations


Presentation on theme: "2014-2015 Budget Budget Update February 24, 2014."— Presentation transcript:

1 Budget Budget Update February 24, 2014

2 Fund balance ,520, ,799,192 6/30/12) 721,030 (or 1.3% of budget) High renewal projection for health benefits Continuing to fund capital reserve

3 Explanation of Tax Levy Cap 2% base cap (1% on the budget - $585k) Health benefit adjust (approx $164k) Banked Cap 13-14$ $ 879, $ 0 Split Year Levy – effect on rate Township Property Revaluation

4 No details available Current budget assumes flat state aid Calculated Aid – $28,766, Actual Aid – $23,572,868 Governor’s Budget Address 2/25 2PM State aid released 48 hours later

5 Awaiting SDA grant offers for awarded projects Priority is roofs at Roland and S’ville 18 months to accept grant offer Total SDA grants amount to $2.4 mil Local share amounts to $2.66 mil SDA meeting Wednesday 2/26 in Robbinsville Summer 2013 completed Rann roof and parking lot

6 Committee meeting held this past week Updated committee on progress Security Film Recommendations for budget include: School Resource Officer Camera expansion (door and school- wide) Long term planning – entryway reconfiguration

7 Continued requirements related to Common Core PARCC Principal and Teacher Evaluation Instructional Technology iPads 3-5 Laptops 6-8 Additional Technology Teachers

8

9

10

11 Governor’s Budget Address 2/25 State Aid Released 2/27 Committee meetings if necessary Budget Update (w/state aid) 3/17 Submission of Budget to DOE 3/17 Regular public meeting 4/14 Public Budget Hearing 4/28

12


Download ppt "2014-2015 Budget Budget Update February 24, 2014."

Similar presentations


Ads by Google