1. Somerdale Board of Education School Budget 2015-2016 Dr. Dennis M. Vespe, Superintendent Ms. Melissa Engelhardt, Business Administrator Mr. James Walsh, Somerdale BOE President Mr. Colm Fidgeon, Finance Chairperson

2. Budget Notables: TAX LEVY = $4,315,328 TAX LEVY = $4,315,328 EXTRA ORDINARY EXPENSES 2009 Bond Payment (taxpayer portion) – $205,122 Outside Special Education placement and related services – $248,190 Facility Upgrades (Phone System/Lockers/LED) – $103,683 (LED $29,518 for 5 yrs.) SUMMARY On the average assessed home of $138,105 there will be a $46.62 tax increase for the year ($3.89 / month) Adding a full time basic skills teacher, Expanding Art to full time All sports programs and clubs have been maintained POSITIVES Received $5,859 of additional state aid Utilized $27,233 of our tax levy cap leaving $260,616 in banked cap for use in future years. This equates to.5% use of an allowable 2% tax levy. Continued maintenance and custodial shared services with the municipality to maintain fiscal responsibility.

3. Curricular Programs and Instruction 2015 - 16 ENROLLMENT PROJECTIONS { Does not include Retentions, Withdrawals, Home Bound, Home Schooled, or Out-of-District Students} Total Enrollments include Special Ed and Choice Students Student count based on 10/15/14 ASSA enrollment. Grade# ClassesEnrollment PS(2)^30* PSD(1)^0* K(3)^61* Gr. 1(3)51 Gr. 2(3)61 Gr. 3(3)45 Gr. 4(3)52 Gr. 5(3)67 Gr. 6(3)55 Gr. 7(3)55 Gr. 8(3)54 Total(30)^531* *Pre-School and Kindergarten Registrations Currently Underway. ^Sections dependent upon enrollment

4. Adding a full time basic skills position with the focus on Math/ELL Adding a full time basic skills position with the focus on Math/ELL Start differentiated instruction initiative with “class works software” Start differentiated instruction initiative with “class works software” Maintain all curricular “specials” with expanding art to full time Maintain all curricular “specials” with expanding art to full time Grades PK-8 have one to one student – tablet ratio Grades PK-8 have one to one student – tablet ratio Begin our Community/Parent educational sessions Begin our Community/Parent educational sessions Upgrade of Technology both classroom instruction and infrastructure for the entire campus – The PARK is PARCC ready Upgrade of Technology both classroom instruction and infrastructure for the entire campus – The PARK is PARCC ready - Utilizing campus with the private sector - Utilizing campus with the private sector - Enhanced Website > Interactive forms > Interactive forms > Pod Casting, Instructional links/ Video Lessons, On-line curriculum - Phase II of district’s TV studio/video technology initiative Continue to expand our Wilson Reading Certified Staff Continue to expand our Wilson Reading Certified Staff Continuation of PSD Extended Year Program & the Fundations / Wilson Summer School Reading Program. Continuation of PSD Extended Year Program & the Fundations / Wilson Summer School Reading Program. Curricular Programs and Instruction Continued

5. Extra Curricular Activities – All Clubs and Sports programs have been maintained Sports for all seasons offered Sports for all seasons offered – Year 3 for the Camden County Elementary League Over 16 clubs offered Over 16 clubs offered - Entire campus is wireless -Entire campus is air conditioned - LED project 90% complete - LED project 90% complete - Summer Gym Painting - Summer Gym Painting - Begin the computerization of Boilers, HVAC, and other fixtures - Continue to replace/upgrade and computerize the security cameras both - Continue to replace/upgrade and computerize the security cameras both inside and outside the building in conjunction with the door access system inside and outside the building in conjunction with the door access system -Begin the process for upgrading the phone system (VOIP) -Continue to work with the Municipality to use shared services Maintenance and IT shared services Maintenance and IT shared services Facility

6. Somerdale School District 2015-2016 Budget FactsFiguresRevenuesExpenditures

7. Where does the money come from ? GO Cavs

8. 2015-2016 Budget Revenue $8,078,105

9. Where does all the money go?

10. 2015-2016 Budget Expenditures $8,078,105

11. TAX SPREADSHEET BASED ON HOMES VALUED IN SOMERDALE

12. GO CAVS! THANK YOU - AND AS ALWAYS