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Greenwich Township School District Proposed Budget 2010-2011 Public Hearing: March 31, 2010.

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Presentation on theme: "Greenwich Township School District Proposed Budget 2010-2011 Public Hearing: March 31, 2010."— Presentation transcript:

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2 Greenwich Township School District Proposed Budget Public Hearing: March 31, 2010

3 Agenda This presentation provides an overview of our financial expectations for the school year. The intention of this budget is to provide curriculum and instruction which will enable all students to achieve the Core Curriculum Standards and implement the proposed planning process as described in the District’s Annual Report.  Superintendent’s Comments  Budget Goals  Total Budget  Revenues  Expenditures  State Aid Summary  vs  Local Tax Levy Analysis  Ratables  Budget Highlights for  Cost Saving Measures

4 Proposed Budget Overview Perfect Budget Storm II State and County Pressure Loss of Ratables Current Economy Bad News!

5 Proposed Budget Overview STATE BUDGET DOLLARS FOR EDUCATION 1.Hawaii 89.9% 2.Vermont 3.Arkansas 4.New Mexico 5.Minnesota 6.Delaware 7.Washington 8.Michigan 9.West Virginia 10.North Carolina 11.California 12.Nevada 13.Kentucky 14.Kansas 15.Alaska 16.Idaho 17.Alabama 18.Wisconsin 19.Oregon 20.Oklahoma 21.Utah 22.Mississippi 23.Indiana 24.Montana 25.Iowa 1.Hawaii 89.9% 2.Vermont 3.Arkansas 4.New Mexico 5.Minnesota 6.Delaware 7.Washington 8.Michigan 9.West Virginia 10.North Carolina 11.California 12.Nevada 13.Kentucky 14.Kansas 15.Alaska 16.Idaho 17.Alabama 18.Wisconsin 19.Oregon 20.Oklahoma 21.Utah 22.Mississippi 23.Indiana 24.Montana 25.Iowa 26.Arizona 27.South Carolina 28.Wyoming 29.Georgia 30.Massachusetts 31.Missouri 32.Tennessee 33.New York 34.Colorado 35.Ohio 36.Louisiana 37.Maine 38.New Jersey 41.3% 39.Florida 40.Rhode Island 41.Virginia 42.Maryland 43.New Hampshire 44.Connecticut 45.North Dakota 46.Pennsylvania 47.Texas 48.South Dakota 49.Illinois 50.Nebraska 31.5%

6 Budget Goals Continued emphasis on curriculum and instruction toward enhancing student achievement. The District has planned for the purchase of additional textbooks, maintaining the current level of classroom supplies, and continued technology purchases. Continued emphasis on the use of technology toward enhancing student achievement. The proposed budget includes plans to maintain educational programs and updating current technology. Continued emphasis on staff development toward enhancing student achievement. Five full day sessions for staff development are planned for Continued emphasis on providing a safe and secure learning environment toward enhancing student achievement. The district has continued to make a commitment in the amounts budgeted in maintenance for both buildings.

7 Total Budget

8 Revenues

9 Revenues: Where the money comes from. Instructions: This is an embedded graph. To edit this graph simply double- click anywhere on the graph. When you’re done editing the graph, click outside of the graph to return to PowerPoint.

10 5 Year General Fund Revenue Analysis

11 Expenditures Instructional Cost Employee Benefits Support Costs Maintenance/Operation Administrative/Business Transportation Food Service Capital Outlay GENERAL FUND BUDGET $5,887, % $2,071, % $1,242, % $ 973, % $ 624, % $ 574, % $ 84,027.75% $ 20,761.25% $11,477, %

12 Expenditures: How the money is spent.

13 STATE AID SUMMARY AmountPercent Change from Adjustment Aid$292, % Categorical Special Education Aid$320,808 0% Categorical Transportation Aid $269, % Categorical Security Aid$ 77, % OVERALL CHANGE IN AID-$ 552, %

14 vs Budget $11,015,050 vs Budget $11,477,152 INCREASE of $462,102 or 4.2%

15 Historical Trend of Tax Impact

16 Your 2009 General Tax Breakdown Tax % Rate County % Co. Library % Open Space % Dist. School % Local % Total$ %

17 As of 2009, the Greenwich Twp. School District HAS THE FIFTH LOWEST* school tax rate in the county!

18 2009 County Tax Rate Comparison ( Sorted by lowest school tax rate to highest)

19 2009 County Tax Rate Comparison (Continued)

20 School Tax Bill Comparison between 2009 and 2010

21 LOCAL TAX LEVY Tax Levy Tax Levy Tax Levy Tax Levy Tax Levy Tax Levy Tax Levy Tax Levy Tax Levy Tax Levy Tax Levy Average Increase $6,530,557 $6,607,888 $7,342,932 $7,851,103 $7,873,033 $8,287,803 $8,376,849 $8,685,673 $9,033,100 $9,394,424 $9,770,201 $294,513

22 RATABLES Assessed Value Assessed Value Assessed Value Assessed Value Assessed Value Assessed Value Assessed Value Assessed Value Assessed Value Assessed Value For , a penny is equal to: $600,017,073 $619,191,146 $622,504,474 $593,340,061 $588,372,774 $635,671,589 $615,649,387 $648,346,517 $628,876,796 $615,888,016 $61,589

23 RATABLES (CONTINUED) If ratables remained the same as in 2009, the overall impact would be a 5.86 cent increase. ($ to $1.5237) With the decrease in ratables of $12,988,780 the overall impact is an increase of 9.07 cents. ($ to $1.5558). Last year there was a tax increase of 9.86 cents.

24 Budget Highlights Maintain Full Day Kindergarten. Continue to provide field trip experiences to grades Pre-K to eight. Maintain class size within State recommended levels in grades kindergarten through eight as per NJQSAC. Maintain all academic and extra-curricular activities. Maintain district-wide technology capabilities. Emphasis on curriculum and instruction through purchases and staff development. Rx plan increase of 15%. No increase on Property/Liability insurance. 100% PERS obligation estimated in the amount of $130,099. Increases in special education tuition and associated costs. First time tuition cost to GCIT of $2,000 per student ($170,000). Increase of $2,526 per student ($11,495 to $14,021) to Paulsboro. Continue to provide courtesy bussing. Continue to provide maintenance in both buildings above what is required as per N.J.A.C. 6:24. Energy cost increases to operate both buildings.

25 District Wide Cost Savings Measures Township provides at no cost: water/sewer, trash removal and recycling services and are continually pursuing additional shared services. The school district and the municipality have shared-service agreement for diesel and gasoline for all district vehicles. Greenwich Twp. School District takes part in the following consortiums to achieve significant savings for the district: –Electricity and Natural Gas- ACES Program –Purchasing of Xerox paper through Pittsgrove Consortium –Telecommunications-ACT Program –Federal E-rate telecommunications –Member of the drug & alcohol testing consortium ran through Washington Twp. School District. –Jointures on transportation with Paulsboro, East Greenwich, and Gateway. –Services provided to Paulsboro, East Greenwich, Mantua, and South Harrison Twp. for special education students. The district participates in shared programs with GCSSSD: –Non-public grant administration programs for textbooks, technology, and nursing services. –Occupational and physical therapy services. –Transportation for GCIT and special education students.

26 Annual School Election April 20, :00 p.m. - 9:00 p.m. Nehaunsey Middle School Gymnasium


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