2012 2013 Pr opose d Budge t Pr e se ntation E dwa rd Q. Se to, - - PowerPoint PPT Presentation

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2012 2013 Pr opose d Budge t Pr e se ntation E dwa rd Q. Se to, - - PowerPoint PPT Presentation

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2012 2013 Pr opose d Budge t Pr e se ntation E dwa rd Q. Se to, Supe rinte nde nt of Sc hools F ra nklin T ownship Boa rd of E duc a tion T e le tha A. Brown, Pre side nt Julia M. Pre sle y, Vic e - Pre side nt Ric har d Ar

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SLIDE 1

E dwa rd Q. Se to, Supe rinte nde nt of Sc hools

2012 – 2013 Pr

  • pose d Budge t Pr

e se ntation

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SLIDE 2

T e le tha A. Brown, Pre side nt Julia M. Pre sle y, Vic e - Pre side nt Ric har d Ar line De lvin Bur ton Na nc y L a Cor te T homa s J. L e wis E va M. Na g y Ric ha rd Se a mon Ke isha Smith- Ca rring ton E dwa rd Q. Se to, Supe rinte nde nt of Sc hools

F ra nklin T

  • wnship Boa rd of E

duc a tion

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SLIDE 3

MISSION ST AT E ME NT

T he Missio n o f the F r anklin T

  • wnship Public Sc ho o ls is

to pr

  • vide e xc e lle nt e duc atio nal o ppo r

tunitie s that me e t o r e xc e e d Ne w Je r se y Co r e Cur r ic ulum Co nte nt Standar ds fo r e ve r y stude nt; maintain an e nvir

  • nme nt

that e nge nde r s an appr e c iatio n o f the value o f e ve r y stude nt; de ve lo p e ve r y stude nt to his/ he r highe st po te ntial; and instill the attitude s, skills, and kno wle dge ne c e ssar y to be c o me inde pe nde nt, c o ntr ibuting me mbe r s o f a de mo c r atic , multi-c ultur al so c ie ty.

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SLIDE 4

SCHOOL SAF ET Y AND SECURIT Y

De sign, imple me nt and asse ss pro grams and syste m impro ve me nts that pro mo te safe ty and se c urity in all distric t fac ilitie s, func tio ns and whe re ve r distric t stude nts are the re spo nsibility o f the Bo ard o f E duc atio n.

Distr ic t Goa ls

ST UDENT ACHIEVEMENT

De sign, imple me nt and asse ss high quality le arning ac tivitie s and

  • ppo rtunitie s that impro ve te ac hing and the ac ade mic ac hie ve me nt o f all

stude nts, as me asure d by distric t and state asse ssme nts.

PUBL IC REL AT IONS/ COMMUNIT Y ENGAGEMENT

De sign, imple me nt and asse ss strate gie s that stre ngthe n c o mmunity re latio ns and instill c o nfide nc e in the sc ho o l distric t thro ugh inc re ase d ac c o untability, transpare nc y and aware ne ss o f distric t ac tivitie s.

F ACIL IT IES

De sign and imple me nt strate gie s that pr

  • vide e ffic ie nt, e ffe c tive mainte nanc e and

manage me nt o f all c urre nt and future fac ilitie s to c re ate e nviro nme nts that pro mo te stude nt le arning and minimize e ne rgy c o nsumptio n.

Go a l 1 Go a l 2 Go a l 3 Go a l 4

4

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SLIDE 5

CHANGE IN SCHOOL BOARD E L E CT ION

  • F
  • llo wing a Pub lic He a ring o n F

e b rua ry 9, 2012, the Bo a rd

  • f E

duc a tio n vo te d to mo ve the sc ho o l b o a rd e le c tio n to No ve mb e r, a t the time o f the g e ne ra l e le c tio n. Co nse q ue ntly, the pub lic will no t ha ve a n o ppo rtunity to vo te o n the sc ho o l b udg e t.

  • Due to this vo te , re o rg a niza tio n o f the Bo a rd will o c c ur

a nnua lly in Ja nua ry.

  • T
  • nig ht the Bo a rd is c o nduc ting the re q uire d pub lic he a ring

a nd will a do pt the fina l 2012-2013 pro po se d b udg e t fo r a ppro va l b y the So me rse t E xe c utive Co unty Supe rinte nde nt o f Sc ho o ls.

  • With the a dditio n o f the he a lth c a re c o st a djustme nt, the

pro po se d o pe ra ting b udg e t inc lude s a n inc re a se d ta x le vy

  • f 2.81%. Any a mo unt in e xc e ss o f this inc re a se wo uld b e

he ld fo r a q ue stio n o n the No ve mb e r b a llo t a nd wo uld b e vo te d o n b y the pub lic .

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SLIDE 6
  • T

he He a lth Ca re Co st Adjustme nt a llo ws distric ts to a uto ma tic a lly inc re a se the ir ta x le vy whe n the pro po se d ye a r’ s inc re a se in he a lth c a re c o sts e xc e e d the c urre nt ye a r’ s c o sts o f he a lth c a re b y mo re tha n 2%.

  • T

he Sta te c a lc ula te d a uto ma tic He a lth Ca re Co st Adjustme nt fo r the F ra nklin T

  • wnship Pub lic

Sc ho o ls in the 2012-2013 sc ho o l ye a r is $946,705.

HE AL T H CARE COST ADJUST ME NT

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SLIDE 7
  • Sustaining Pr
  • gr

ams

  • Pre -K

inde rg a rte n

  • Sta te funding fo r the Distric t’ s e xisting Pre -K

pro g ra m wa s re duc e d b y a ppro xima te ly $100,000, ne c e ssita ting the re duc tio n o f o ne (1) AM a nd o ne (1) PM se c tio n a nd po te ntia lly impa c ting 36 stude nts.

  • By ta king a dva nta g e o f the he a lth c a re c o st a djustme nt, the

L E A will supple me nt the Pre -K pro g ra m to susta in c urre nt se rvic e s pro vide d fo r o ur Pre -K stude nts.

HE AL T H CARE COST ADJUST ME NT

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SLIDE 8
  • Ne w Pr
  • gr

ams

  • K
  • 4 Spe c ia l E

duc a tio n E xte nde d Sc ho o l Ye a r T uto ria l a nd Re c re a tio n Pro g ra m

  • Ne w Po sitio ns
  • One (1) Se c urity Gua rd
  • T

wo (2) Be ha vio r Spe c ia lists

  • One (1) Gra de 1 Biling ua l T

e a c he r

  • One (1) Gra de 2 Biling ua l T

e a c he r

  • T

wo (2) E le me nta ry T e a c he rs fo r a dditio na l c la ssro o m se c tio ns

  • One (1) Building -Ba se d Supe rviso r o f E

le me nta ry L ite ra c y

  • One (1) Che mistry T

e a c he r

  • T

wo (2) Spe c ia l E duc a tio n T e a c he rs Hig hly Qua lifie d in Spa nish

HE AL T H CARE COST ADJUST ME NT

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SLIDE 9

9

Our Sc hool Budg e t will Support

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SLIDE 10

10

Our Sc hool Budg e t will Support

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SLIDE 11

11

Our Sc hool Budg e t will Support

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SLIDE 12

12

Budg e t T ime line

  • Mar

c h 2012

  • Administr

atio n and the F inanc e Co mmitte e r e vie we d c o mme nts fr

  • m the public
  • Mar

c h 1st

  • Bo ar

d ado pte d the 2012-2013 Pr e liminar y Budge t

  • Mar

c h 12th

  • Exe c utive Co unty Supe r

inte nde nt appr

  • ve d the 2012-2013

Pr e liminar y Budge t

  • Mar

c h 19th

  • Administr

atio n and the F inanc e Co mmitte e me t with c o mmunity me mbe r s to disc uss the pr e liminar y budge t

  • Mar

c h 29th

  • Public he ar

ing o n Pr

  • po se d 2012-2013 Budge t
  • Bo ar

d vo te to ado pt the F inal Budge t

  • Mar

c h 30th

  • Co unty r

e vie w o f F inal 2012-2013 Budge t

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SLIDE 13

13

Stude nt E nrollme nt Growth

2006 2007 2008 2009 2010 2011 2012 Pro je c te d

7,698 7,966 7,951 8,120 8,198 8,145 8,433

Pr

  • je c te d Inc r

e ase o f 288 Stude nts Ne xt Ye ar

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SLIDE 14

14

Sta te Aid Alloc a tions

  • State Aid Allo c atio n fo r

the 2012-2013 sc ho o l ye ar inc r e ase d by $1,371,676

  • Char

te r Sc ho o l Expe nse s inc r e ase d by $652,152

  • Sc ho o l De ve lo pme nt Autho r

ity Asse ssme nt

  • Distr

ic ts that r e c e ive d State gr ants fo r the ir fac ilitie s pr

  • je c ts ar

e asse sse d by the NJDOE

  • F

r anklin’s Asse ssme nt fo r 2012-2013: $166,967

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SLIDE 15

Property Taxes $ 119,844,543 87.76% State Aid $ 14,537,835 10.65% Budgeted Fund Balance $ 2,000,000 1.47% Interest & Miscellaneous $170,480 .12% Total Revenue $ 136,552,858 100.00%

Re ve nue for the 2012- 13 Ope r a ting Budg e t

TAXPAYERS PAY 87.8% OF BUDGET

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SLIDE 16

Sa la rie s a nd Be ne fits

$ 93,490,989 68.46%

Spe c ia l E duc a tio n

$ 16,830,190 12.33%

T ra nspo rta tio n

(E xc luding Spe c ia l E duc a tio n a nd Cha rte r Sc ho o l)

$ 8,396,355 6.15%

Ope ra tio ns / Ma inte na nc e

$ 6,372,709 4.67%

I nstruc tio n a nd Suppo rt

$ 7,814,248 5.72%

Cha rte r Sc ho o l

$ 3,452,175 2.53%

Ca pita l Outla y

$ 196,192 .14%

T OT AL

$ 136,552,858 2012- 2013 OPE RAT ING F UND E XPE NDIT URE S

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SLIDE 17

T

  • tal T

ax L e vy 2012- 2013 Ge ne ra l F und $ 119,844,543 De bt Se rvic e F und $ 4,998,351 T

  • ta l

$ 124,842,894

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SLIDE 18

F ra nklin T

  • wnship Sc hool T

a xe s F ra nklin T

  • wnship Sc hool T

a xe s

Ca le nda r Ye a r 2012

2011‐2012 School Budget Tax Levy $121,746,383 ÷ 2 = $60,873,191.50 Tax Rate on BOE Worksheet = Tax Rate on Tax Bill

½ of Curre nt Budg e t L e vy $ 60,873,191.50 + ½ of Propose d Budg e t L e vy $ 62,421,447.00 = Ca le nda r Ye a r 2012 T a x L e vy $123,294,638.50

January June July December

2012‐2013 School Budget Tax Levy $124,842,894 ÷ 2 = $62,421,447

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SLIDE 19

T a x Impa c t of 2012- 2013 Budg e t

Sc hool Ye a r 2011- 2012 T ax Ye ar 2011 Sc hool Ye a r 2012- 2013 T ax Ye ar 2012 $ Diffe re nc e % Diffe re nc e

Sc hool F isc al Ye ar T a x L e vy (July - June )

$121,746,383 $124,842,894 $3,096,511 2.54%

Cale ndar Ye ar T a x L e vy (Jan- De c )

$120,262,403 $123,294,639 $3,032,236 2.52%

Asse sse d Va lua tions

$9,236,313,479 $8,980,044,323 ($256,269,156)

  • 2.77%

T a x Ra te

.01302 .01373 .00071 5.45%

Ra te pe r $100 Rounde d 3 De c ima l

$1.302 $1.373 $.071 5.45%

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SLIDE 20

Impa c t on Ave ra g e Asse sse d Home

2011 Average Assessment 2011 Taxes 2012 Average Assessment 2012 Taxes $ Difference % Difference $319,950 $4,165.75 $311,392 $4,275.41 $109.66 2.63%

Annual Tax Increase of $109.66 per Average Household

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SLIDE 21

T ha nk you!

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