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Proposed budget 11 12


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Proposed 2011 - 2012 School Year Budget

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Proposed budget 11 12

  1. 1. Greenwich Township School District Proposed Budget 2011-2012 Public Hearing: March 28, 2011
  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>2011-2012 State Aid Summary </li></ul><ul><li>2010-2011 vs. 2011-2012 </li></ul><ul><li>Local Tax Levy Analysis </li></ul><ul><li>Ratables </li></ul><ul><li>Budget Highlights for 2011-2012 </li></ul><ul><li>Cost Saving Measures </li></ul>This presentation provides an overview of our financial expectations for the 2011-2012 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. 2011-2012 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. Full day sessions for staff development are planned for 2011-2012. </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>
  4. 4. 2011-2012 Total Budget
  5. 5. 2011-2012 Revenues
  6. 6. 2011-2012 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>
  7. 7. 5 Year General Fund Revenue Analysis
  8. 8. 2011-2012 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>Capital Outlay </li></ul><ul><li>GENERAL FUND BUDGET </li></ul><ul><li>$5,861,077 49.8% </li></ul><ul><li>$2,225,153 18.9% </li></ul><ul><li>$1,202,880 10.2% </li></ul><ul><li>$1,201,754 10.2% </li></ul><ul><li>$ 611,405 5.2% </li></ul><ul><li>$ 632,434 5.4% </li></ul><ul><li>$ 33,625 .30% </li></ul><ul><li>$11,768,328 100% </li></ul>
  9. 9. 2011-2012 Expenditures: How the money is spent.
  10. 10. 2011-2012 STATE AID SUMMARY <ul><li>Amount Percent Change </li></ul><ul><li>from 2010-2011 </li></ul><ul><li>Adjustment Aid $402,491 37.6% </li></ul><ul><li>Categorical Special Education Aid $320,808 0% </li></ul><ul><li>Categorical Transportation Aid $269,406 0% </li></ul><ul><li>Categorical Security Aid $ 77,532 0% </li></ul><ul><li>OVERALL CHANGE IN AID $110,151 +37.6% </li></ul>
  11. 11. 2010-2011 vs. 2011-2012 <ul><li>2010-2011 Budget </li></ul><ul><li>$11,477,152 </li></ul><ul><li>vs. </li></ul><ul><li>2011-2012 Budget </li></ul><ul><li>$11,768,328 </li></ul><ul><li>INCREASE of $291,176 </li></ul><ul><li>or 2.5% </li></ul>
  12. 12. Historical Trend of Tax Impact
  13. 13. Your 2010 General Tax Breakdown <ul><li>Tax % Rate </li></ul><ul><li>County .906 23.4% </li></ul><ul><li>Co. Library .072 1.85% </li></ul><ul><li>Open Space .072 1.85% </li></ul><ul><li>Dist. School 1.555 40.0% </li></ul><ul><li>Local 1.277 32.90% </li></ul><ul><li>Total $3.882 100% </li></ul>
  14. 14. Proposed Budget Overview 2009-2010
  15. 15. As of 2010, the Greenwich Twp. School District HAS THE SEVENTH LOWEST* school tax rate in the county!
  16. 16. School Tax Bill Comparison between 2010 and 2011
  17. 17. 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>2011-2012 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>$9,965,605 </li></ul><ul><li>$286,254 </li></ul>
  18. 18. RATABLES 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 2011-2012 Assessed Value For 2011-2012, a penny is equal to: $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 $655,710,713 $65,571
  19. 19. RATABLES (CONTINUED) <ul><li>If ratables remained the same as in 2010, the overall impact would be a 4.70 cent increase. ($1.555 to $1.602) </li></ul><ul><li>With the increase in ratables of $39,822,697 the overall impact is a DECREASE of 5.0 cents. ($1.555 to $1.505). Last year there was a tax increase of 9.07 cents. </li></ul>
  20. 20. Budget Highlights 2011-2012 <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 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>Medical plan increase of 20%. </li></ul><ul><li>Rx plan increase of 19%. </li></ul><ul><li>Dental plan increase of 5%. </li></ul><ul><li>No increase on Property/Liability insurance. </li></ul><ul><li>100% PERS obligation estimated in the amount of $170,000. </li></ul><ul><li>Increases in special education tuition and associated costs. </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>
  21. 21. 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 along with electrician services. </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>Jointures on transportation with 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, 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>
  22. 22. Annual School Election April 27, 2011 4:00 p.m. - 9:00 p.m. Nehaunsey Middle School Gymnasium