Presentation is loading. Please wait.

Presentation is loading. Please wait.

MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET.

Similar presentations


Presentation on theme: "MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET."— Presentation transcript:

1 MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT SCHOOL BUDGET

2 FISCAL RESPONSIBILITY EDUCATIONAL ACCOUNTABILITY

3 OUR SCHOOL BUDGET Even in the midst of challenging economic times, our fiscal focus is to maintain as many programs, assets, staff, and financial opportunities as possible.

4 EDUCATIONAL OBJECTIVES COMMITMENT COMMITMENT TO IMPROVE STUDENT ACHIEVEMENT MAINTAIN MAINTAIN ALL EXISTING INSTRUCTIONAL PROGRAMS MAINTAIN MAINTAIN APPROPRIATE CLASS SIZE AVERAGES PROVIDE PROVIDE A SAFE AND SECURE LEARNING ENVIRONMENT COMMITMENT COMMITMENT TO EFFICIENCY IN SCHOOL OPERATIONS PROVIDE NECESSARY STAFFING TO SUPPORT CURRENT AND FUTURE MANDATES AND DISTRICT INITIATIVES

5 ENROLLMENT ASSA count of October 15 3,739 3, , , ,918

6 WHAT IS INCLUDED IN THIS BUDGET  IN-HOUSE SPECIAL EDUCATION PROGRAMS  ADDITIONAL SUPPORT PERSONNEL  LITERACY CONSULTANT  CAREER ACADEMIES  FRESHMAN ACADEMY  PRESCHOOL PROGRAM  FULL DAY KINDERGARTEN  SUPPORT OF THE ARTS  INSTRUCTIONAL SUPPLIES  TECHNOLOGY  STUDY ISLAND 3-12, READING EGGS K-2  TRANSPORTATION/LATE BUSSES  ALL ADVANCED PLACEMENT COURSES  ATHLETIC/CLUBS/INTRAMURAL PROGRAMS  ABERDEEN POLICE RESOURCE OFFICER

7 ATHLETICS & CLUBS 39 High School Student activities and clubs 22 Middle School student activities and clubs 47 High School athletic coaches 12 Middle School athletic coaches 28 Interscholastic Athletic teams YMCA Partnership

8 This budget DOES NOT have, nor did we request, any waivers or adjustments that would require the district budget to exceed the maximum available tax levy. The budget is below the maximum tax levy by $292,381 and below the Governor’s 2% tax levy cap Budget

9 FINANCIAL HIGHLIGHTS Tax levy at 1.5%, below maximum cap levy of 2% State aid increased $869,215 Administrative costs are far less than the state and regional average Per pupil costs are less than the state average

10 COMPARATIVE COST PER PUPIL SCHOOL YEAR COST PER PUPIL STATE AVERAGE $12,820$13, $11,791$13, $12, $13,074

11 ADMINISTRATIVE PER PUPIL COSTS SCHOOL YEAR TOTAL ADMINISTRATIVE COSTS REGIONAL LIMITS $1,432$1, $1,329$1, $1,261$1, $1,235$1,812

12 REVENUES 2011/12 vs. 2012/ /13 Local Tax Levy - Operating Budget $45,523,260 - Debt Service $ 2,443,473 Total Tax Levy $47,966,733 Budgeted Fund Balance: - Operating Budget $ 1,674,734 - Debt Service $ 12,187 Total Budgeted Fund Balance $ 1,686,921 State Aid $12,389,689 Misc. Revenue $ 249,100 Federal Job Funds $ 0 Grants $ 990,424 $63,282, /12 $44,850,503 Local Tax Levy - Operating Budget $44,850, Debt Service $ 2,476,720 Total Tax Levy $47,327,223 Budgeted Fund Balance: - Operating Budget $ 793,482 - Debt Service $ 4 Total Budgeted Fund Balance $ 793,486 State Aid $ 11,011,325 Misc. Revenue $ 846,085 Federal Job Funds $ 430,000 Grants $ 1,368,114 $61,776,233

13 REVENUES Total Tax Levy 75.8% Fund Balance 2.7% Misc. Revenue 0.4% State Aid 19.5% Grants 1.6%

14 EQUALIZED VALUATION MunicipalitySchool Year Percentage Share General FundDebt ServiceTotal Tax Levy Aberdeen11/12 12/ $30,341, $31,055, $1,675, $1,666, $32,016, $32,722, Matawan11/12 12/ $14,509, $14,468, $801, $776, $15,310, $15,244, TOTAL11/12 12/13 100%$44,850, $45,523, $2,476, $2,443, $47,327, $47,966, MunicipalitySchool YearPercentage ShareRegional Equalized Valuation Assessed Valuation Aberdeen11/12 12/ ,150,652,300 2,159,909,536 2,089,309,000 2,071,781,848 Matawan11/12 12/ ,028,454,319 1,006,212,445 1,052,188,800 1,044,278,871 TOTAL11/12 12/13 100%3,179,106,619 3,166,121,981

15 TAX IMPACT ABERDEEN TOWNSHIP Projected Tax Increase MATAWAN BOROUGH Projected Tax Increase House assessed at: $336,582 would pay $33.58 more per year ($2.80 per mo.) $200,000 would pay $19.95 more per year ($1.66 per mo.) $100,000 would pay $9.98 more per year ($0.83 per mo.) House assessed at: $282,139 would pay $ more per year ($12.79 per mo.) $200, 000 would pay $ more per year ($9.07 per mo.) $100,000 would pay $54.39 more per year ($4.53 per mo.)

16 Matawan-Aberdeen Public Education : ►Educational Accountability for Matawan-Aberdeen’s children ►Fiscal Responsibility for Matawan-Aberdeen’s Taxpayers We would like to thank the Matawan-Aberdeen community for supporting our schools.


Download ppt "MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET."

Similar presentations


Ads by Google