The 2017-18 Budget Bonnie J. Edwards, Superintendent Jennifer Gauld, School Business Administrator / Board Secretary Elizabeth Mennig, Assistant Superintendent for Curriculum and Instruction Haddon Township Board of Education March 16, 2017

Budget Highlights 2017-18 District-wide facilities upgrades and maintenance Safety and security Replace pocket lunch tables at one elementary school Replace 1 out-of-date bus – 24 passenger (#6) 2 way radios Security camera upgrades Security alarm system upgrades

Budget Highlights 2017-18 (cont’d) Maintenance (on-going) District-wide painting Replace vinyl asbestos tile with vinyl composite tile according to schedule Concrete replacement as needed

Budget Highlights 2017-18 (cont’d) Technology maintenance and enhancement iPad replacement/upgrade Consolidate district servers Support for in-district programming for students with disabilities Paraprofessional support and training

Revenue for 2017-18 State Aid figures: NO increase TOTAL AID: $8,443,633 TOTAL TAX LEVY INCREASE: 2% $450,496

New Jersey State Aid Revenue Analysis YEAR STATE AID 2009-2010 $8,891,153 2010-2011 $7,399,451 2011-2012 $7,698,150 2012-2013 $8,353,533 2013-2014 2014-2015 $8,392,963 2015-2016 2016-2017 $8,443,633 2017-2018 2017-2018 State Aid is $447,520 below what the district received in 2009-2010 From 2009-10 to 2010-11 we lost 1.7 million

Why 2%? FLAT State aid = NO increase in REVENUE Expenditures continue to rise Increases beyond our control: Anticipate increase in medical benefits alone = 265k Salaries/costs of programs/supplies/out of district tuition Increases under district control All building administrators cut budgets by 10%

How Are We Saving? Paper-cut: System for tracking printing in an effort to reduce printing costs Share services Educational Data Services Inc. - EDS Cooperative bidding management program Alliance for Competitive Energy Services - ACES Electric & gas consortium Educational Services Commission of NJ – ESCNJ formerly Mercer County Regional Services Cooperative (MRESC) Purchasing consortium Camden County Education Services Commission (CCESC) Services consortium

2% Builds a Revenue Base

Impact on the Haddon Township Taxpayer Increase in tax levy – General Fund: .04231 cents per $100 of assessed value. For a home assessed at $224,920, this is a total increase of $95.16 per year. Increase in tax levy – Debt Service Fund: .01531 cents per $100 of assessed value. For a home assessed at $224,920, this is a total increase of $34.43 per year.

Impact on the Haddon Township Taxpayer Increase in tax levy - General Fund $450,496 Increase in tax levy - Debt $184,454 Total tax levy increase $634,950 2016 Ratables $1,256,876,026 The 2017-18 proposed budget represents . . . an increase of .05762 cents per $100 of assessed value. For a home assessed at $224,920, this is an increase of $129.59 per year. ($224,920/$100) x $0.05762 = $129.59

Analysis of Revenue 2017-2018

Expenditure Budget by Major Function

Student Highlights AP District Honor Roll Recipient HT Honor Society - Hour of Code Honor Society students visited Stoy Elementary School students to teach coding AP District Honor Roll Recipient Apple Distinguished Program Wounded Warrior Project One Book One School Home of: The 2017 National Secondary Art Educator of the Year – Karen Kiick The 2017 New Jersey Art Educator of the Year – Ellen Hargrove

Student Highlights

Student Highlights

Student Highlights

Student Highlights

In Summary Without being restored to the 2009-10 levels of State Aid, smart fiscal oversight allows the district to retain, restore and create programs and opportunities for our students This will be done in the new school year with an increase of less than $100 for the average Haddon Township resident