2. Your School Budget Has Been Defeated: What’s Next? Our Panelists: Moderator: Michael F. Kaelber , Esq ., Director of Legal & Policy Services, NJSBA Bret D. Schundler , NJ Education Commissioner John Donahue , Executive Director, NJASBO Joesph Monzo , CFO, S. Brunswick Twp. Andrew Lucas , Mayor, Manalapan Twp. Neil K. Cramer , Sussex Executive County School Business Administrator Terry Sierchio , Business Administrator, Hopatcong

3. Who’s on this call? More than 600 people! 23.7% None of the above 39.6% NJSLOM 21.8% NJSBA 7.3% NJASBO 7.5% NJASA 23.7% None of the above 39.6% NJSLOM 21.8% NJSBA 7.3% NJASBO 7.5% NJASA

4. Percentage of Budgets Defeated 25.00 Essex 25.70 Bergen 28.60 Hudson 35.30 Cape May 36.80 Union 46.20 Salem 50.00 Mercer 50.00 Camden 58.30 Sussex 60.80 Ocean 63.20 Morris 63.60 Middlesex 66.70 Passaic 67.00 Gloucester 68.20 Warren 71.40 Cumberland 73.60 Monmouth 82.10 Hunterdon 83.30 Atlantic 86.80 Burlington 88.20 Somerset

5. April Timeline 20 22 SCHOOL ELECTIONS SCHOOLS SHOULD SEND BUDGET PACKAGE TO GOVERNING BODY 26 SCHOOL ELECTION RESULTS CERTIFIED 28 LAST DAY FOR SCHOOLS TO SEND BUDGET PACKAGE TO GOVERNING BODY

6. Consultation Between and Meetings of the Board of Education and Governing Body Executive County Superintendent Facilitates and Provides Guidance Timeline April 28 – May 19 OPMA

7. Minimum Tax Levy Local Share Adequacy Budget Specific Line Item Reductions Fund Balance Failure to Certify/Agree The Vocabulary of The Discussion

8. Communication is Vital To Success

9. May - June Timeline 19 Final Day for Governing Body to Certify Tax Levy 3 Ten Working Days After Certification of Tax Levy by Governing Body Final Day for Filing Application for Restoration of Reductions MAY JUNE