1. The 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

2. Budget Highlights
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Replace 1 out-of-date bus – 24 passenger (#6)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

3. 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

4. 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

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

6. New Jersey State Aid Revenue Analysis
YEAR
STATE AID
$8,891,153
$7,399,451
$7,698,150
$8,353,533
$8,392,963
$8,443,633
State Aid is $447,520 below what the district received in
From to we lost 1.7 million

7. 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%

8. 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

9. 2% Builds a Revenue Base

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

11. 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 proposed budget represents . . .
an increase of cents per $100 of assessed value.
For a home assessed at $224,920, this is an increase of $ per year.
($224,920/$100) x $ = $129.59

12. Analysis of Revenue

13. Expenditure Budget by Major Function

14. 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

15. Student Highlights

16. Student Highlights

17. Student Highlights

18. Student Highlights

19. In Summary
Without being restored to the 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