2018 2018-2019 2019 Scho hool B Bud udget Public lic - - PowerPoint PPT Presentation

2018 2018-2019 2019 Scho hool B Bud udget Public lic Presentatio ion

April 26, 26, 2018 2018

SG SGES S Mission St Statement:

Provide students with a saf afe an and nur nurtur uring ng environment, while em empower ering them with the he knowled edge, e, skills ills, and v valu lues they need to thi hink nk critically, res espec ect themselves and others, an and achi hieve ve their highest potential as lifelong learners.

Beyon

• nd

d Acade demic Perf rform rmance

Our P Prio iorit itie ies & V Valu lues:

• Self-discipline
• Honesty
• Fairness
• Courtesy
• Responsibility
• Respect

Tw Two-time r e rec ecipien ent

• f th

the U Unite ted Sta tate tes Dep epartmen ent o

• f

Educ ducation N n Nationa nal Blue ue R Ribbo bbon n School

• ol A

Award 2005 2005 & 2017 2017

Beyon

• nd

d Acade demic Perf rform rmance

Ex Extra-Cur urricul ular O Opportuni unities:

• Interscholastic Athletics through the

MCAL

• Band
• K-5 Class Plays
• Gifted & Talented Convocations
• Sending District Convocations
• 6th - 8th Clubs:

○ Art, Gardening, Drama, Chorus, and Robotics

100% 100%

• f
• f ou
• ur

Pr Pre-Hi High Stud udent nts Par articipat ate in n Extra racurri rricular r Activ ivit itie ies

The 2018-2019 Budget supports t the thorough and e efficient education

• n o
• f 1

189 students in grades Pre-K - 12.

148

Elementary School Students

22

Manasquan High School Students

13

Vocational High School Students

4

Out of District/Unilateral Students

SGES is

The Heart of the Community

SG Boosters Stickball SG Boosters Stickball J r. SG Boosters 2nd Grade Basketball SG Boosters Summer Basketball SG Boosters Basketball Camps SG Boosters Adult Open Gym SG Boosters Flag Football SG Boosters Summer Baseball Sea Girt PTO Car Wash Town Council Meetings Monmouth County Travel Soccer Camps Tri-Shore Little League Spring Lake Titans SG PTO Enrichment Activities SG Recreation Aspiring Artist Planning Board Meetings Sea Girt PTO Craft Fair Parent Workshops Friends of Special Athletes SG Recreation Summer Camps SG Recreation Running Camp SG Recreation Basketball Camp

Cooperatives & Shared Services

• Sea

ea Girt Police D e Dep epartmen ent and Depa partment nt of P Publ ublic Works

• Partne

nershi hip w p with h ○ Sea Girt E Ed F d Fou

• unda

dation

• n

○ Boos

• oster C

Club ○ PT PTO

• MRESC Pur

urcha hasing ng Coope perative

• MOESC Trans

nspo portation n Coop

• operative
• Participa

pant nt in n the he ACES and nd ACT pro rogra ram

• Participa

pant nt in n NJSIG

• Parti

ticipant t in NJ Sta tate te Health th Ben enef efit Program

• Cur

urricul ulum um and nd Professiona nal Developm pment nt articul ulation w n with h Mana nasqua uan n Send nding ng Districts

Priorities for Development of the Budget.

• Provide the best educational atmosphere for our

students

• Maintain programs while implementing State

mandates

• Maintain faculty and provide our staff with

resources that ensure our students receive the best education

• Maintain critical infrastructure
• Improve the safety and security of our facility
• Provide the community with a facility that they are

proud to be part of

• Maintain a stable tax impact on our community

The B e Budget et C Challen enge: e: Mai aintai ain a a stab able t tax ax i impac act, witho hout ut sacrif ific icin ing s school l programs

• Appr

ppr opr

• pr iate F

Fund B Balance

• Collect M

Mor e tha han n 68K i in Tuition R n Revenu nue

• U

tili ilize A Additional E l EBS Monie ies

• Resear ch Gr an

ant M Monies E Explor e E Ener gy gy C Cost Sav aving M g Meas asur es

• Ent

nter i int nto A Agr eements and nd C Coop Oppor tun unities with S Sur r oun unding Di Distr ic icts

THE ANSWER: Innovative ways to deliver savings and efficiencies.

SGES Revenue Sources:

School D District R Rev even enues es

REV EVEN ENUES 2017 2017-2018 2018 2018 2018-2019 2019 $ C $ Change ge %

• f
• f Tot
• tal

Tax ax Lev Levy $ 4,513,322 $ 4,603,588 $ 90,266 85.02% Fund nd Balanc nce Appr Appropr

• priated

(General and Tuition Reserve) $ 319,490 $ 576,764 $ 257,274 10.65% Miscel ellan aneo eous R Rev even enue (Tuition, Interest) $ 49,296 $ 70,520 $ 21,224 1.30% Stat ate e Aid Extraor

• rdi

dina nary Ai Aid $ 109,475 $ 0 $ 129,193 $ 0 $ 19,718 $ 0 2.39% 0% Oper erat ating B Budget et Rev even enue $ 4, $ 4,991, 991,583 583 $ 5, $ 5,380, 380,065 065 $ $ 388, 388,482 482 99. 99.36% 36% Fed eder eral al P Program ams (IDEA & NCLB) $ 39,836 $ 34,918 ($ 4,918) .64% Deb ebt Ser ervice e Lo Local al Tax ax Lev Levy $ 0 $ 0 $ 0 0% Fund nd Balanc nce Appr Appropr

• priated

(Capital Projects/Reserve Withdrawal; General) $ 0 $ 0 $ 0 0% TOTAL REV EVEN ENUE $ $ 5, 5,031, 031,419 19 $ $ 5, 5,414, 414,983 83 $ $ 383, 383,564 564 100. 100.00% 00%

Historic Increases/Decreases of Tax Levy

2009-2010 1.75% 2010-2011 2.00% 2011-2012 (2.00%) 2012-2013 1.85% 2013-2014 2.00% 2014-2015 2.97% 2015-2016 2.94% 2016-2017 2.00% 2017-2018 2.00% 2018-2019 2.00%

Debt Service Fund Tax Levy

201 8 1 8-1 9 TA 9 TAX L LEVY $ $ -0-

Revenue Summary: 2018-2019

• Tax Levy Cap: 2%
• Increase in State Aid: $19,718
• Tax Levy Cap Adjustment: $0 (0%)
• Increase in Private Tuition: $21,224
• Free Balance: $499,764; Tuition Reserve: $77,000
• Budget Increase: $383,564 (7.62%)
• Tax Levy increase of $90,266 or an average of $68

per parcel of land (1323 parcels)

SGES Expenditures:

School D l Dis istric ict E Expendit itures

EX EXPEN ENDITURES ES 2017 2017-2018 2018 2018 2018-2019 2019 $ C Cha hang nge % of

• f T

Tot

• tal

Studen ent P Program amming (Grad ades es P PreK eK -12) 12) (Instructional, Tuitions, Special Education Tuition, Transportation, Extra-Curricular) $ 2,436,833 $ 2,734,891 $ 298,058 50.51% Stude udent nt S Suppo upport S Services (Guidance, Child Study Team, Media, Nurse, Communications, Benefits and Insurance) $ 1,758,647 $ 1,812,190 $ 53,543 33.47% Plan ant O Oper erat ations (Custodial/Maintenance services, contracted building projects, energy costs $ 504,194 $ 565,301 $ 61,107 10.44% Scho hool/Cent ntral A Adm dmini nistration

• n

$ 283,957 $ 259,731 ($ 24,226) 4.79% Grant nts a and nd Ent ntitlement nts $ 39,836 $ 34,918 ($ 4,918) .64% Capi pital E Expe pendi nditur ures $ 7,952 $ 7,952 $ 0 .15% Deb ebt S Ser ervice $ 0 $ 0 $ 0 0% Total al O Oper erat ating Budget et: $ 5, $ 5,031, 031,419 419 $ 5, $ 5,414, 414,983 983 $ 383, $ 383,564 564 100% 100%

So where does the money go?

• Tuition for Manasquan and

Vocational High School Programs, and Out-of-District Placements

• Transportation
• Professional Development
• Additional Maintenance
• Salary Increases
• Health Benefit Cost Increases
• Legal Fees
• Banking and Payroll Fees
• Reallocation to EBS Funds

(reduces current expenses)

Expenditure Summary: 2018-2019

Expenditures:

• Increase in Expenditures: $383,564 (7.62%)
• Maintain All Current Programs
• Additional Salary and Benefit Costs
• Additional Special Education Costs
• Additional Transportation Expenses
• Additional Professional Development Expenses

Anal alysis of T Tax ax L Levy Compar ared t to Proper erty Values es

Comparison of School Tax Rate vs. Assessed Value of Home 2018-2019 School Year 2017-2018 School Year Difference Assessed Value Tax Rate Tax Impact Assessed Value Tax Rate Tax Impact Between Years

• f Home
• f Home

$500,000 $0.1965 $983 $500,000 $0.1966 $983 $0 $750,000 $0.1965 $1,474 $750,000 $0.1966 $1,475 ($1) $1,000,000 $0.1965 $1,965 $1,000,000 $0.1966 $1,966 ($1) $1,250,000 $0.1965 $2,456 $1,250,000 $0.1966 $2,458 ($2) $1,500,000 $0.1965 $2,948 $1,500,000 $0.1966 $2,949 ($1) $1,909,122 $0.1965 $3,751 $1,909,122 $0.1966 $3,753 ($2) $2,000,000 $0.1965 $3,930 $2,000,000 $0.1966 $3,932 ($2) $2,500,000 $0.1965 $4,913 $2,500,000 $0.1966 $4,915 ($2) $3,000,000 $0.1965 $5,895 $3,000,000 $0.1966 $5,898 ($3) $3,500,000 $0.1965 $6,878 $3,500,000 $0.1966 $6,881 ($3) $4,000,000 $0.1965 $7,860 $4,000,000 $0.1966 $7,864 ($4) Represents a $.0001 tax decrease (2.00% actual increase in taxes)

Questions?

Don’t forget the Sea Girt School District Budget will be posted

• n the School Website!

https://seagirt.k12.nj.us Go Patriots!