1. Norwood Public School Think – Lead - Serve 2014-2015 Budget Presentation April 24, 2014 8:00 PM Let Your Light Shine...

2. Board of Education President: Mr. Michael Sprague Vice President:Mr. Joel Rubin Board Members:Mr. William Snyder Mr. Mathew Ross Mr. Edward Cammarata Mr. G.C. Vaghasia Ms. Sally Diaz

3. Budget Highlights The 2014-2015 Budget: – Maintains and expands current academic programs – Full Time Technology Teacher-PARCC Readiness – Director of Special Services – Leveled Literacy Intervention The Norwood General Fund tax levy as proposed is 2%

4. Tax Impact 13-1414-15Increase/ Decrease % change School Tax Levy$8,839,123$9,015,905$176,7822% Tax Rate.749.7651.62.14% Avg. homeowner (per $100,000 ) $749$765$162.14% Average Homeowner $549,852 $4,113/yr) $549,223 ($4,201/yr) ($629) $882.14% Foxhill Resident$211,284 ($1,582/yr) $211,284 ($1,616/yr) -0- $342.14%

5. Budget Categories 2013-20142014-2015 Instruction – Regular$3,349,434$3,191,900 Instruction – Special Education$708,003$716,545 Benefits$1,739,946$1,758,439 Facilities Operations + Maintenance$829,908$833,347 Administration$679,080$688,477 Transportation$238,425$244,574 Instructional Support/BSI/ESL$164,658$166,702

6. Expenses 2013-20142014-2015Increase/Decrease General Fund Expenditures $9,614,234$9,825,076$210,824 Capital Expenditures $477,631$152,776($324,855) Revenue 2013-20142014-2015increase/Decrease State Aid$476,947$488,947$12,000 Fund Balance$ 63,650$ 40,000($23,650) Rentals$263,800 $0 Tax Levy$8,839,123$9,015,905$176,782 Miscellaneous$ 0$25,000

7. Norwood Public School Academics School Culture Operations Community Partnerships

8. Northern Valley Office of Curriculum and Instruction Curriculum Development Staff Development New Teacher Induction Federal Grants Instructional Materials

9. Special Education/ Region III Valley Program TIPOT/PTTransportation Educational Services

10. Valley/Municipal Supplies Insurance Utilities Waste Management/Plowing Special Education Management Business Services Email/Phone Minute Sharing

11. Develop Tradition Foster Responsibility