PEQUANNOCK TOWNSHIP SCHOOL DISTRICT BUDGET Brett Charleston, Superintendent Kathy Bechtel, School Business Administrator April 25, 2016

Changes in Enrollment

Priorities included in the budget include the following Educational Programs & Services ➢ New staff ➢ Elementary Counselor / SAC (Student Assistant Counselor) ➢ STEM / IT Instructional Coach to focus on elementary and middle school ➢ Elementary School Psychologist – part of a new special education program bringing students back to district ➢ P/T Technician ➢ 2 PTHS Music Teachers – Changed from.8 to Full-time ➢ Addition of Volleyball and Indoor Track ➢ Positions not in the budget ➢ Elementary Special Education Teacher ➢ School Secretary ➢ Reduction of 3 Full-time Aide’s to 3 Part-time (.6) positions

budget priorities include the following Educational Programs & Services ➢ 7 sections of Kindergarten for ➢ Continued implementation of Teacher and Principal Evaluation System. ➢ Targeted Professional Development in Common Core Standards and Technology. ➢ Maintenance of existing class sizes. ➢ Continuation of the STEM Academy at PTHS. Cohort 2 currently has 25 students. ➢ Continuation of the SLE (Structured Learning Experience) Program at PTHS and addition of Senior Capstone Program. Both programs have approximately 50 students enrolled. ➢ Provision of AP(Advanced Placement) Courses including increased enrollment at PTHS ➢ 2 sections of AP Environmental Science, AP Computer Science, 2 sections of AP Psychology, AP Language and Composition ➢ Enhanced Technology Literacy with the addition and replacement of computers to expand 1:1 initiatives and to support PARCC ➢ Expansion of STEM / Science Education classes at the elementary schools.

Sources of Revenue for Pequannock Township Public Schools

Pequannock Township Public School Revenues state aid increased $35, Change Local Tax Levy$33,139,323$32,281, % State Aid$2,247,383$2,212, % Extraordinary Aid$300, % Tuition$219,893$234, % Miscellaneous Income$34, % Transportation Fees LEAs$15, % Rent$70, % Withdrawal from Capital Reserve$595,000$450, % Appropriation from Surplus$1,250,000$1,524, % Total Revenues$37,870,599$37,121, %

Revenues

Expenditures for Pequannock Township Public Schools

Budget Expenditures

Distribution of Expenses

General Fund Tax Levy ( 2.66% increase ) $33,139,323 Debt Service Tax Levy * 795,800 School Tax Levy to support PTPS: $33,935,123 * Debt Service Tax levy previously approved by the community through an earlier referendum Tax Levy

Tax Levy over 3 years General Fund Local Tax Levy $31,711,157 $32,281,958 $33,139,323 Change +$570, ,365 Debt Service $ 874,625 $ 820,694 $ 795,800 Change -$53,931 -$24,894

Tax Information School tax rate per $100 of assessed valuation YEARTAX RATE 2015$ $ TAX IMPACT ON AVERAGE HOME Pequannock Average HomeAnnual Tax Decr. Township$ 371,813($14.87 )

Questions/Comments?