2019-2020 School Budget Public Presentation April 30, 2019 SGES - - PowerPoint PPT Presentation

2019-2020 School Budget Public Presentation

April 30, 2019

SGES Mission Statement:

Provide students with a safe and nurturing environment, while empowering them with the knowledge, skills, and values they need to think critically, respect themselves and others, and achieve their highest potential as lifelong learners.

Beyond Academic Performance

Our Priorities & Values:

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

Two-time recipient

• f the United States

Department of Education National Blue Ribbon School Award 2005 & 2017

Beyond Academic Performance

Extra-Curricular Opportunities:

96%

• f our

Pre-High Students Participate in Extracurricular Activities

• Interscholastic Athletics through the

MCAL:

• Baseball, Basketball, Cheerleading,

Soccer, Softball, and Tennis

• Performing Arts:
• Band, Chorus, and Drama

Beyond Academic Performance 100%

• f our

Students Participate in School Activities Beyond Academic Classes

• K-5 Class Plays
• Grades 1-5 STEM Classes
• Pre-High Open STEAM
• Gifted & Talented Convocations
• Sending District Convocations
• 6th – 8th Clubs:
• Art, Chorus, Drama, Gardening and

Robotics

• Pre-High Cycle Classes
• Art, Music, Environmental

Stewardship, Study Skills/World Cultures

The 2019-2020 Budget supports the thorough and efficient education of 188 students in grades Pre-K - 12.

149

Elementary School Students

26

Manasquan High School Students

10

Vocational High School Students

3

Out of District/Unilateral Students

SGES is

The Heart of the Community

SG Boosters Stickball SG Recreation Yoga SG Boosters Basketball SG Boosters Summer Basketball SG Boosters Basketball Camps SG Boosters Adult Open Gym SG Boosters Flag Football Monmouth County 4H Ocean Explorers 8th Grade Car Wash Town Council Meetings Monmouth Coast Football Club Tri-Shore Little League Spring Lake Titans SG PTO Enrichment Activities PTO Enrichment Classes Planning Board Meetings Sea Girt PTO Craft Fair Parent Workshops Friends of Special Athletes Shore STX Field Hockey SG Boosters Field Hockey SG Recreation Basketball SG Recreation Munchkin Soccer SG Recreation Running Camp

Cooperatives & Shared Services

• Sea Girt Police Department and

Department of Public Works

• Partnership with

○ Sea Girt Ed Foundation ○ Booster Club ○ PTO

• MRESC Purchasing Cooperative
• MOESC Transportation

Cooperative

• Participant in the ACES and ACT

program

• Participant in NJSIG
• Participant in NJ State Health

Benefit Program

• Curriculum and Professional

Development articulation with Manasquan Sending Districts

• Member of NJ Edge Purchasing

Cooperative

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 of

• Maintain a stable tax impact on our community

The Budget Challenge: Maintain a stable tax impact, without sacrificing school programs

THE ANSWER: Innovative ways to deliver savings and efficiencies.

• Appropriate Fund Balance
• Collect More than 86K in Tuition Revenue
• Utilize Additional EBS Monies
• Research Grant Monies Explore Energy Cost Saving Measures
• Enter into Agreements and Coop Opportunities with Surrounding Districts
• Making decisions in a fiscally responsible manner

SGES Revenue Sources:

Tax Levy 69% Fund Balance Appropriated 8% State Aid 2% Capital Reserve 19%

• Misc. Revenue

2%

Revenue

Tax Levy Fund Balance Appropriated State Aid Capital Reserve

• Misc. Revenue

School District Revenues

REVENUES 2018-2019 2019-2020 $ Change % of Total Tax Levy $ 4,603,588 $ 4,666,328 $ 62,740 69.38% Fund Balance Appropriated (General and Tuition Reserve) $ 576,764 $ 536,865 ($ 39,899) 7.98% Miscellaneous Revenue (Tuition, Interest) $ 70,520 $ 88,064 $ 17,544 1.31% State Aid Extraordinary Aid $ 129,193 $ 0 $ 131,992 $ 0 $ 2,799 $ 0 1.96% 0% Operating Budget Revenue $ 5,380,065 $ 5,423,249 $ 43,184 80.63% Federal Programs (IDEA & ESEA) $ 34,918 $ 46,186 $ 11,268 0.69% Debt Service Local Tax Levy $ 0 $ 0 $ 0 0% Fund Balance Appropriated (Capital Projects/Reserve Withdrawal; General) $ 0 $ 1,256,684 $ 1,256,684 18.68% TOTAL REVENUE $ 5,414,983 $ 6,726,119 $ 1,311,136 100%

Historic Increases/Decreases of Tax Levy

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% 2019-2020 1.36%

Debt Service Fund Tax Levy

20 2019-20 20 TAX LEVY $

• 0-

Revenue Summary: 2019-2020

• Tax Levy: 2019-2020 is 1.36%, which is lower than

the 2% cap

• Increase in State Aid: $2,799
• Tax Levy Cap Adjustment: $0 (0%)
• Increase in Private Tuition: $17,544
• Free Balance: $463,865; Tuition Reserve: $73,000
• Capital Reserve withdrawal of $1,256,684
• Tax Levy increase of $62,740 or an average of $47

per parcel of land (1327 parcels)

• Budget Increase: $1,311,136

SGES Expenditures:

Student Programing 42% Student Support 25% Plant Operations 9% Administration 4% Grant and Expenditures 1% Capital Expenditures 19%

Expenditures

Student Programing Student Support Plant Operations Administration Grant and Expenditures Capital Expenditures

School District Expenditures

EXPENDITURES 2018-2019 2019-2020 $ Change % of Total Student Programming (Grades PreK -12) (Instructional, Tuitions, Special Education Tuition, Transportation, Extra-Curricular) $ 2,916,883 $ 2,858,698 ($ 58,185) 42.50% Student Support Services (Guidance, Child Study Team, Media, Nurse, Communications, Benefits and Insurance) $ 1,630,198 $ 1,692,006 $ 61,808 25.16% Plant Operations (Custodial/Maintenance services, contracted building projects, energy costs $ 565,301 $ 617,567 $ 52,266 9.18% School/Central Administration $ 259,731 $ 247,026 ($ 12,705) 3.67% Grants and Entitlements $ 34,918 $ 46,186 $ 11,268 .69% Capital Expenditures $ 7,952 $ 1,264,636 $ 1,256,684 18.80% Debt Service $ 0 $ 0 $ 0 0%

TOTAL REVENUE $ 5,414,983 $ 6,726,119 $ 1,311,136 100%

So where does the money go?

• Tuition for Manasquan and

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

• Transportation
• Professional Development
• Salary Increases
• Health Benefit Cost Increases
• Legal Fees
• Facility Maintenance (New

Roof and Gym Refresh)

• Reallocation to EBS Funds

(reduces current expenses)

Expenditure Summary: 2019-2020

Expenditures:

• Increase in Expenditures: $1,311,136
• Maintain All Current Programs
• Additional Salary and Benefit Costs
• Additional Special Education Costs
• Additional Transportation Expenses
• Additional Professional Development Expenses
• Major Construction Project

Analysis of Tax Levy Compared to Property Values

Comparison of School Tax Rate vs. Assessed Value of Home 2019-2020 School Year 2018-2019 School Year Difference Assessed Value Tax Rate Tax Impact Assessed Value Tax Rate Tax Impact Between Years

• f Home
• f Home

$500,000 0.1961 $980 $500,000 0.1965 $983 ($3) $750,000 0.1961 $1,471 $750,000 0.1965 $1,474 ($3) $1,000,000 0.1961 $1,961 $1,000,000 0.1965 $1,965 ($4) $1,250,000 0.1961 $2,451 $1,250,000 0.1965 $2,456 ($5) $1,500,000 0.1961 $2,942 $1,500,000 0.1965 $2,948 ($6) $1,924,884 0.1961 $3,775 $1,924,884 0.1965 $3,782 ($7) $2,000,000 0.1961 $3,922 $2,000,000 0.1965 $3,930 ($8) $2,500,000 0.1961 $4,903 $2,500,000 0.1965 $4,913 ($10) $3,000,000 0.1961 $5,883 $3,000,000 0.1965 $5,895 ($12) $3,500,000 0.1961 $6,864 $3,500,000 0.1965 $6,878 ($14) $4,000,000 0.1961 $7,844 $4,000,000 0.1965 $7,860 ($16) Represents a .0004 tax rate decrease (1.36% 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!