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Proposed budget 10 11


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Proposed 2010-2011 Budget

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Proposed budget 10 11

  1. 1. Greenwich Township School District Proposed Budget 2010-2011 Public Hearing: March 31, 2010
  2. 2. Agenda <ul><li>Superintendent’s Comments </li></ul><ul><li>Budget Goals </li></ul><ul><li>Total Budget </li></ul><ul><li>Revenues </li></ul><ul><li>Expenditures </li></ul><ul><li>2010-2011 State Aid Summary </li></ul><ul><li>2009-2010 vs. 2010-2011 </li></ul><ul><li>Local Tax Levy Analysis </li></ul><ul><li>Ratables </li></ul><ul><li>Budget Highlights for 2010-2011 </li></ul><ul><li>Cost Saving Measures </li></ul>This presentation provides an overview of our financial expectations for the 2010-2011 school year. The intention of this budget is to provide curriculum and instruction which will enable all students to achieve the Core Curriculum Standards and implement the proposed planning process as described in the District’s Annual Report.
  3. 3. Perfect Budget Storm II <ul><li>State and County Pressure </li></ul><ul><li>Loss of Ratables </li></ul><ul><li>Current Economy </li></ul><ul><li>Bad News! </li></ul><ul><li>Bad News! </li></ul><ul><li>Bad News! </li></ul>
  4. 4. STATE BUDGET DOLLARS FOR EDUCATION <ul><li>Hawaii 89.9% </li></ul><ul><li>Vermont </li></ul><ul><li>Arkansas </li></ul><ul><li>New Mexico </li></ul><ul><li>Minnesota </li></ul><ul><li>Delaware </li></ul><ul><li>Washington </li></ul><ul><li>Michigan </li></ul><ul><li>West Virginia </li></ul><ul><li>North Carolina </li></ul><ul><li>California </li></ul><ul><li>Nevada </li></ul><ul><li>Kentucky </li></ul><ul><li>Kansas </li></ul><ul><li>Alaska </li></ul><ul><li>Idaho </li></ul><ul><li>Alabama </li></ul><ul><li>Wisconsin </li></ul><ul><li>Oregon </li></ul><ul><li>Oklahoma </li></ul><ul><li>Utah </li></ul><ul><li>Mississippi </li></ul><ul><li>Indiana </li></ul><ul><li>Montana </li></ul><ul><li>Iowa </li></ul><ul><li>Hawaii 89.9% </li></ul><ul><li>Vermont </li></ul><ul><li>Arkansas </li></ul><ul><li>New Mexico </li></ul><ul><li>Minnesota </li></ul><ul><li>Delaware </li></ul><ul><li>Washington </li></ul><ul><li>Michigan </li></ul><ul><li>West Virginia </li></ul><ul><li>North Carolina </li></ul><ul><li>California </li></ul><ul><li>Nevada </li></ul><ul><li>Kentucky </li></ul><ul><li>Kansas </li></ul><ul><li>Alaska </li></ul><ul><li>Idaho </li></ul><ul><li>Alabama </li></ul><ul><li>Wisconsin </li></ul><ul><li>Oregon </li></ul><ul><li>Oklahoma </li></ul><ul><li>Utah </li></ul><ul><li>Mississippi </li></ul><ul><li>Indiana </li></ul><ul><li>Montana </li></ul><ul><li>Iowa </li></ul><ul><li>Arizona </li></ul><ul><li>South Carolina </li></ul><ul><li>Wyoming </li></ul><ul><li>Georgia </li></ul><ul><li>Massachusetts </li></ul><ul><li>Missouri </li></ul><ul><li>Tennessee </li></ul><ul><li>New York </li></ul><ul><li>Colorado </li></ul><ul><li>Ohio </li></ul><ul><li>Louisiana </li></ul><ul><li>Maine </li></ul><ul><li>New Jersey 41.3% </li></ul><ul><li>Florida </li></ul><ul><li>Rhode Island </li></ul><ul><li>Virginia </li></ul><ul><li>Maryland </li></ul><ul><li>New Hampshire </li></ul><ul><li>Connecticut </li></ul><ul><li>North Dakota </li></ul><ul><li>Pennsylvania </li></ul><ul><li>Texas </li></ul><ul><li>South Dakota </li></ul><ul><li>Illinois </li></ul><ul><li>Nebraska 31.5% </li></ul>
  5. 5. 2010-2011 Budget Goals <ul><li>Continued emphasis on curriculum and instruction toward enhancing student achievement. The District has planned for the purchase of additional textbooks, maintaining the current level of classroom supplies, and continued technology purchases. </li></ul><ul><li>Continued emphasis on the use of technology toward enhancing student achievement. The proposed budget includes plans to maintain educational programs and updating current technology. </li></ul><ul><li>Continued emphasis on staff development toward enhancing student achievement. Five full day sessions for staff development are planned for 2010-2011. </li></ul><ul><li>Continued emphasis on providing a safe and secure learning environment toward enhancing student achievement. The district has continued to make a commitment in the amounts budgeted in maintenance for both buildings. </li></ul>
  6. 6. 2010-2011 Total Budget
  7. 7. 2010-2011 Revenues
  8. 8. 2010-2011 Revenues: Where the money comes from. <ul><li>Instructions: </li></ul><ul><li>This is an embedded graph. </li></ul><ul><li>To edit this graph simply double-click anywhere on the graph. </li></ul><ul><li>When you’re done editing the graph, click outside of the graph to return to PowerPoint. </li></ul>
  9. 9. 5 Year General Fund Revenue Analysis
  10. 10. 2010-2011 Expenditures <ul><li>Instructional Cost </li></ul><ul><li>Employee Benefits </li></ul><ul><li>Support Costs </li></ul><ul><li>Maintenance/Operation </li></ul><ul><li>Administrative/Business </li></ul><ul><li>Transportation </li></ul><ul><li>Food Service </li></ul><ul><li>Capital Outlay </li></ul><ul><li>GENERAL FUND BUDGET </li></ul><ul><li>$5,887,249 51.3% </li></ul><ul><li>$2,071,158 18.0% </li></ul><ul><li>$1,242,401 10.8% </li></ul><ul><li>$ 973,298 8.5% </li></ul><ul><li>$ 624,145 5.4% </li></ul><ul><li>$ 574,113 5.0% </li></ul><ul><li>$ 84,027 .75% </li></ul><ul><li>$ 20,761 .25% </li></ul><ul><li>$11,477,152 100% </li></ul>
  11. 11. 2010-2011 Expenditures: How the money is spent.
  12. 12. 2010-2011 STATE AID SUMMARY <ul><li>Amount Percent Change </li></ul><ul><li>from 2010-201 </li></ul><ul><li>Adjustment Aid $292,340 -199.9% </li></ul><ul><li>Categorical Special Education Aid $320,808 0% </li></ul><ul><li>Categorical Transportation Aid $269,406 +9.8% </li></ul><ul><li>Categorical Security Aid $ 77,532 +15.4% </li></ul><ul><li>OVERALL CHANGE IN AID -$ 552,562 -36.5% </li></ul>
  13. 13. 2009-2010 vs. 2010-2011 <ul><li>2009-2010 Budget </li></ul><ul><li>$11,015,050 </li></ul><ul><li>vs. </li></ul><ul><li>2010-2011 Budget </li></ul><ul><li>$11,477,152 </li></ul><ul><li>INCREASE of $462,102 </li></ul><ul><li>or 4.2% </li></ul>
  14. 14. Historical Trend of Tax Impact
  15. 15. Your 2009 General Tax Breakdown <ul><li>Tax % Rate </li></ul><ul><li>County .874 23.58% </li></ul><ul><li>Co. Library .071 1.92% </li></ul><ul><li>Open Space .068 1.84% </li></ul><ul><li>Dist. School 1.465 39.54% </li></ul><ul><li>Local 1.227 33.12% </li></ul><ul><li>Total $3.705 100% </li></ul>
  16. 16. As of 2009, the Greenwich Twp. School District HAS THE FIFTH LOWEST* school tax rate in the county!
  17. 17. 2009 County Tax Rate Comparison ( Sorted by lowest school tax rate to highest)
  18. 18. 2009 County Tax Rate Comparison (Continued)
  19. 19. School Tax Bill Comparison between 2009 and 2010
  20. 20. LOCAL TAX LEVY <ul><li>2000-2001 Tax Levy </li></ul><ul><li>2001-2002 Tax Levy </li></ul><ul><li>2002-2003 Tax Levy </li></ul><ul><li>2003-2004 Tax Levy </li></ul><ul><li>2004-2005 Tax Levy </li></ul><ul><li>2005-2006 Tax Levy </li></ul><ul><li>2006-2007 Tax Levy </li></ul><ul><li>2007-2008 Tax Levy </li></ul><ul><li>2008- 2009 Tax Levy </li></ul><ul><li>2009-2010 Tax Levy </li></ul><ul><li>2010-2011 Tax Levy </li></ul><ul><li>Average Increase </li></ul><ul><li>$6,530,557 </li></ul><ul><li>$6,607,888 </li></ul><ul><li>$7,342,932 </li></ul><ul><li>$7,851,103 </li></ul><ul><li>$7,873,033 </li></ul><ul><li>$8,287,803 </li></ul><ul><li>$8,376,849 </li></ul><ul><li>$8,685,673 </li></ul><ul><li>$9,033,100 </li></ul><ul><li>$9,394,424 </li></ul><ul><li>$9,770,201 </li></ul><ul><li>$294,513 </li></ul>
  21. 21. RATABLES $600,017,073 $619,191,146 $622,504,474 $593,340,061 $588,372,774 $635,671,589 $615,649,387 $648,346,517 $628,876,796 $615,888,016 $61,589 2001-2002 Assessed Value 2002-2003 Assessed Value 2003-2004 Assessed Value 2004-2005 Assessed Value 2005-2006 Assessed Value 2006-2007 Assessed Value 2007-2008 Assessed Value 2008-2009 Assessed Value 2009-2010 Assessed Value 2010-2011 Assessed Value For 2010-2011, a penny is equal to:
  22. 22. RATABLES (CONTINUED) <ul><li>If ratables remained the same as in 2009, the overall impact would be a 5.86 cent increase. ($1.4651 to $1.5237) </li></ul><ul><li>With the decrease in ratables of $12,988,780 the overall impact is an increase of 9.07 cents. ($1.4651 to $1.5558). Last year there was a tax increase of 9.86 cents. </li></ul>
  23. 23. Budget Highlights 2010-2011 <ul><li>Maintain Full Day Kindergarten. </li></ul><ul><li>Continue to provide field trip experiences to grades Pre-K to eight. </li></ul><ul><li>Maintain class size within State recommended levels in grades kindergarten through eight as per NJQSAC. </li></ul><ul><li>Maintain all academic and extra-curricular activities. </li></ul><ul><li>Maintain district-wide technology capabilities. </li></ul><ul><li>Emphasis on curriculum and instruction through purchases and staff development. </li></ul><ul><li>Rx plan increase of 15%. </li></ul><ul><li>No increase on Property/Liability insurance. </li></ul><ul><li>100% PERS obligation estimated in the amount of $130,099. </li></ul><ul><li>Increases in special education tuition and associated costs. </li></ul><ul><li>First time tuition cost to GCIT of $2,000 per student ($170,000). </li></ul><ul><li>Increase of $2,526 per student ($11,495 to $14,021) to Paulsboro. </li></ul><ul><li>Continue to provide courtesy bussing. </li></ul><ul><li>Continue to provide maintenance in both buildings above what is required as per N.J.A.C. 6:24. </li></ul><ul><li>Energy cost increases to operate both buildings. </li></ul>
  24. 24. District Wide Cost Savings Measures <ul><li>Township provides at no cost: water/sewer, trash removal and recycling services and are continually pursuing additional shared services. </li></ul><ul><li>The school district and the municipality have shared-service agreement for diesel and gasoline for all district vehicles. </li></ul><ul><li>Greenwich Twp. School District takes part in the following consortiums to achieve significant savings for the district: </li></ul><ul><ul><li>Electricity and Natural Gas- ACES Program </li></ul></ul><ul><ul><li>Purchasing of Xerox paper through Pittsgrove Consortium </li></ul></ul><ul><ul><li>Telecommunications-ACT Program </li></ul></ul><ul><ul><li>Federal E-rate telecommunications </li></ul></ul><ul><ul><li>Member of the drug & alcohol testing consortium ran through Washington Twp. School District. </li></ul></ul><ul><ul><li>Jointures on transportation with Paulsboro, East Greenwich, and Gateway. </li></ul></ul><ul><ul><li>Services provided to Paulsboro, East Greenwich, Mantua, and South Harrison Twp. for special education students. </li></ul></ul><ul><li>The district participates in shared programs with GCSSSD: </li></ul><ul><ul><li>Non-public grant administration programs for textbooks, technology, and nursing services. </li></ul></ul><ul><ul><li>Occupational and physical therapy services. </li></ul></ul><ul><ul><li>Transportation for GCIT and special education students. </li></ul></ul>
  25. 25. Annual School Election April 20, 2010 4:00 p.m. - 9:00 p.m. Nehaunsey Middle School Gymnasium