1. OUR SCHOOL, OUR CHILDREN, OUR FUTURE Netcong Board of Education 2010-2011 School Budget Presented by: Mr. Dennis Fyffe, Interim Superintendent Mrs. Christine M. Werner, Business Administrator April 8, 2010

2. Netcong School District, a small caring community, is committed to providing a well-rounded education achieved through the New Jersey Core Content Curriculum Standards which inspires students to ultimately become fulfilled, contributing and productive citizens.

3. 2010-2011 School Budget and 2009-2010 School Budget 2009-2010 School Budget $4,277,369 2010-2011 School Budget $4,142,079 Amount of Budget Reduction: $135,290 -3.16%

4. 2010-2011 State Aid Revenue Decrease On March 16, 2010, Governor Christie announced statewide cuts to school district state aid allocations: Netcong………………………………………...($200,074) This equates to a decrease of 18%.

5. 2010-2011 Revenue Increases To compensate for the significant reduction of state aid, the district will seek: 2010-2011 Maximum Permitted Revenue Increase (4% Tax Levy) $105,419 Plus: 2010-2011 Decrease in State Formula Aid Cap Waiver $ 80,528 2010-2011 Net Revenue Increase $185,947

6. 2010-2011 School Budget Tax Impact For a median priced home assessed at $292,700 School Taxes 2009…………………..$2,319.66 School Taxes 2010…………………..$2,401.50 Annual Increase……..……………….$ 81.83 Increase Per Month………….….....$ 6.82

7. 2010-2011 School Budget Administration Overview This budget has been developed with the purpose of providing the best possible education for the children of Netcong. It reflects the optimal use of state and federal resources and local tax dollars to maintain existing programs including, but not limited to part- time pre-K, full-time kindergarten and a life skills program for children with special needs.

8. 2010-2011 Budget Program Goals Maintain quality program for all students. Provide instructional program support. - Maintain the instructional materials, supplies and activities that support the district’s quality academic programs. Continue staff development.

9. 2010-2011 Budget Program Goals Support and expand technology. - Continue implementation of the Three-Year Technology Plan to provide for additional classroom computers and expanded usage on all grade levels. Develop a budget which demonstrates fiscal prudence for the community. Develop a budget which represents a commitment to our future - our youth.

10. 2010-2011 School Budget Expenditure Analysis MAJOR INCREASES: Salaries $125,077 Health Benefits $115,712 Boiler Lease $ 28,474 Major Increase Total $269,263

11. 2010-2011 School Budget Reductions and Closing the Gap~ The following reductions have been implemented in the 2010-2011 school budget:  Reduction of 2 F/T elementary teacher positions.  Non-replacement of 1 elementary teacher on leave.  Reduction of ESL teacher to half-time.  Reduction of Speech teacher to half-time.  Elimination of the Basic Skills Improvement Program.  Elimination of the Basketball program.

12. When: Tuesday, April 20, 2010 2:00 PM-9:00 PM Where: Municipal Hall 23 Maple Avenue Netcong

13. Visit us at our website: www.netcongschool.org