MONMOUTH BEACH SCHOOL BUDGET 2017-2018

DEVELOPMENT OF THE 2017-18 BUDGET As we look to the future, the proposed 2017-2018 budget continues to maintain our high quality educational programs while staying within the 2% budget cap. The budget includes funds to support technology, curriculum and textbooks as well as special education needs.

GOALS FOR 2017-2018 TO MAINTAIN, AND ENHANCE CURRENT PROGRAMS PREPARE FOR NEW STATE MANDATES AND INITIATIVES RELATED TO CURRICULUM, TEACHING, AND STATE TESTING. SECURITY IMPROVEMENTS TECHNOLOGY INFRASTRUCTURE IMPROVEMENTS GOALS FOR 2017-2018

2017-2018 SCHOOL INITIATIVES TECHNOLOGY (CHROMEBOOKS) NEW TEXTBOOK SERIES FOR: Math – Grades 8 Science – Grades K-5 and 6-8 PROFESSIONAL DEVELOPMENT FOR TEACHERS FOR LANGUAGE ARTS, MATH, COMMON CORE & TEACHER EVALUATION CONTINUE TO IMPROVE OUR FACILITIES AND GROUNDS

Where does the money come from?

CHANGES IN STATE AID 2015-2016 STATE AID ACTUAL $ 156,083 LESS: SDA ASSESSMENT ( 12,877) NET 2015-2016 $ 143,206 2016-2017 STATE AID ANTICIPATED $ 156,083 NET 2016-2017 $ 143,206 2017-2018 STATE AID ANTICIPATED $ 156,083 NET 2017-2018 $ 143,206

STATE AID REDUCED BY SDA ASSESSMENT

2017-2018 REVENUE

Where does all the money go?

EXPENDITURES 2016-2017 2017-2018 % Incr./Decr •Instruction $1,898,736 $1,862,345 -1.92% •Special Education* $797,283 $905,197 13.54% •Athletics/Co-Curr. $48,000 $49,000 2.08% •Health $81,276 $81,776 0.62% •Library $28,119 $29,925 6.42% •Staff Training $73,250 $78,666 7.39% •Administration $479,757 $427,926 -10.80% •Building Operations** $434,983 $408,833 -6.01% •Transportation $75,000 $150,000 100.00% •Employee Benefits*** $798,316 $813,316 1.88% * - Resource Room, Basic Skills, CST, Tuition, Extraordinary Services ** - Custodial, Maintenance, Grounds, Insurance, Utilities *** - Social Security, Unemployment, Workers’ Comp., Medical Ins.

2017-2018 BUDGET ddddd

WHAT WILL IT COST OUR TAXPAYERS

NJ Calculation for Increase in Tax Levy 2% Allowable Increase 88,898 17-18 Tax Levy $4,533,778 Debt Service Increase 5,500 Actual Cost to Taxpayers $94,398 or .0098 cents

Two Year School Tax Comparison and Impact Home Valuation 2016-2017 2017-2018 Dollar Increase $ 0.3580 $ 0.3678 .0098 $100,000.00 $ 358.00 $ 367.80 $ 9.80 $200,000.00 $ 716.00 $ 735.60 $19.60 $300,000.00 $1,074.00 $1,103.40 $29.40 $400,000.00 $1,432.00 $1,471.20 $39.20 $500,000.00 $1,790.00 $1,839.00 $49.00 $600,000.00 $2,148.00 $2,206.80 $58.80 $700,000.00 $2,506.00 $2,574.60 $68.60 $800,000.00 $2,864.00 $2,942.40 $78.40 $900,000.00 $3,222.00 $3,310.20 $88.20 $1,000,000.00 $3,580.00 $3,678.00 $98.00

Monmouth School District Average Property Tax Bills in 2016* for Other “I” Districts in Monmouth County Monmouth Beach $8,185 Avon Boro $9,649 Marlboro Township $10,748 Shrewsbury Boro $10,942 Millstone Township $11,298 Spring Lake $11,854 Sea Girt $12,601 Holmdel $13,198 Fair Haven $14,460 Colts Neck $14,559 * Information taken from NJ.com with source as the NJ State Department of Community Affairs.

THANK YOU FOR SUPPORTING OUR SCHOOL!!!! WE APPRECIATE YOUR SUPPORT