Budget for 2018-2019 2019 Annual District Enrollment 2012/13 to - - PowerPoint PPT Presentation

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Budget for 2018-2019 2019 Annual District Enrollment 2012/13 to - - PowerPoint PPT Presentation

Apr 12, 2023 36 likes •372 views

Presentation of f th the Annual School Dis istrict Budget for 2018-2019 2019 Annual District Enrollment 2012/13 to 2017/18 School Year Total Students Change in Enrollment % Change 2012/13 3777 - - 2013/14 3591 -186 -4.9% 2014/15

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SLIDE 1

Presentation of f th the Annual School Dis istrict Budget for 2018-2019 2019

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SLIDE 2

School Year Total Students Change in Enrollment % Change 2012/13 3777

  • 2013/14

3591

  • 186
  • 4.9%

2014/15 3411

  • 180
  • 5.0%

2015/16 3376

  • 35
  • 1.0%

2016/17 3269

  • 107
  • 3.2%

2017/18 3196

  • 73
  • 2.2%

Total Drop in Enrollment since 2012/13:

  • 581
  • 15.3%

Annual District Enrollment 2012/13 to 2017/18

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SLIDE 3

$633,250 Increase in Salaries $936,000

Increase in ACIT Payments $214,500 Increase in Transportation $250,000 Increase in Charter Schools Tuition $130,000 Increase in State Facilities $199,257

Increase in Lease Payments $105,000 Increase in Supplies $350,000 Increase in HVAC Repairs $85,000

$0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000

Increase in Tax Levy Increases

2017-2018 General Fund Budget Preparation

$67,848,000 General Fund

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SLIDE 4

$633,250

Banked Tax Levy CAP $447,082 Additional State Aid $787,901

TO BE CUT $709,422

$0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000

Increase in Tax Levy Increases

2018-2019 General Fund Budget Preparation

$67,848,000 General Fund

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SLIDE 5

Budget Challenges

Underfunded State Aid id

  • Since 2010 the New Jersey School Funding Reform Act

(SFRA) has not been fully funded

  • For our 2018/2019 we received an increase of $787,901
  • For our 2018/2019 budget we are still underfunded by $2.3

million #

  • Cumulatively since 2010 GEHRHSD is underfunded by

$39.9 Million *

  • # - Proposed phase-in and projected SFRA k-12 formula
  • * - From Education Law Center school funding data
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SLIDE 6

Budget Challenges

Atla lantic County In Instit itute of Technology

  • For the 2018/2019 school year we have budgeted

433 students attending ACIT

  • Total budgeted 2018/2019 cost including

transportation and tuition adjustment is $4,519,717

  • We have deferred an additional $965,797 of ACIT

Tuition adjustments until 19/20

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SLIDE 7

Budget Challenges

Sc School l Develo lopment Authorit ity (S (SDA) ) Ass ssessment

  • Starting with the 2010/2011 budget, we have been

“assessed an amount that represents 15% of our proportionate share of the principal and Interest payments for State issued construction bonds”

  • 2018/2019 budgeted assessment $611,622
  • Total cumulative assessment since 2010/2011 is

$4,093,087

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SLIDE 8

Budget Challenges

Homele less Transportatio ion

  • 2015/2016 Homeless Transportation Costs

$94,659

  • 2016/2017 Homeless Transportation Costs

$177,695

  • 2017/2018 Homeless Transportation Costs

$181,931 to date

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SLIDE 9

Su Summary of f Budget Cuts in in Major Areas

  • Curriculum and Professional Development

$19,585

  • ETTC Membership
  • Professional Development
  • ASCD Dues
  • Buildings and Grounds

$178,500

  • Supplies and Equipment
  • Repairs
  • Security Supplies
  • Student Custodians/Teacher Painting
  • Supplies and Technology

$80,000

  • High School Supply Budgets
  • FIRST Robotics
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SLIDE 10

Su Summary of f Budget Cuts in in Major Areas

  • Administrative/Board Professional Costs

$48,800

  • Legal Fees, Negotiating Fees
  • Postage, Advertisements
  • Computer Licenses
  • Certified Staffing in all three high schools

$373,102

  • 4 retirements/resignations not being replaced
  • 2 new teachers not being hired
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SLIDE 11

2 Year Budget Hig ighlights

  • School to Careers
  • We now supervise special needs students serving in the workplace. Previously, the

Atlantic County Special Services District would provide these services. This yields an additional savings of $373,000

  • Increased Offerings in all Schools
  • Art, Culinary Arts, CADD, Digital Photography, Marketing, Sports Medicine,

Forensics Science, Air Force JROTC , New English Elective Program

  • Effective School Solutions program
  • Providing counseling and continued support for eligible students
  • Expanded Offerings in or Biomedical, Computer Science and Homeland

Security Magnet Programs

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SLIDE 12

2 Year Budget Hig ighlights

  • Continued Lease Purchasing of New Computers, Chrome Books, and

iPads

  • Solar/Roof Project
  • Continued work to secure solar power at all three buildings which would include a

new roof at Absegami

  • LED Lighting Upgrades
  • Working towards the culmination of lighting retrofits with LED in all three schools

paid for by the savings. Improves lighting in the schools as well as future savings once program is paid off

  • Field Maintenance
  • Continued dedication to improving and maintaining district fields
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SLIDE 13

General Fund * Debt Service Fund # 2018/2019 State Aid $ 32,137,553 $1,384,135 2017/2018 State Aid $ 31,349,652 $1,342,312 Increase in State Aid $ $ 787,901 $ 41,823 Increase in State Aid % 2.51% 3.12% *excludes extraordinary aid # includes March 2015 referendum aid

State Aid id Summary ry 2018-2019 2019

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SLIDE 14

General Fund $ 67,848,461 Special Revenue Fund $ 1,259,600 Debt Service Fund $ 5,398,097 Total $ 74,506,158

Budget Summary ry 2018-2019 2019

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SLIDE 15

Current Expense

Funds for the operation of schools such as salaries, books, materials, and the maintenance of facilities.

$ 66,461,879 Capital Outlay

Funds for SDA assessment.

$ 611,662 Charter School Tuition

Charter school tuition costs.

$ 774,920 Federal and State Projects

Funds to implement ESEA, IDEA and other Federally funded projects as well as State Nonpublic programs

$ 1,259,600 Debt Service Funds

Funds to pay principal and interest on prior bond issuances.

$ 5,398,097 Total Expenditures $ 74,506,158

Budget Expenditure S Summary ry 2018 2018-2019 2019

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SLIDE 16

Budget Exp xpenditure Summary ry 2018-2019

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SLIDE 17

Budgeted Fund Balance – Operating Budget $ 300,000 Local Sources

Local taxes, tuition, transportation fees, gate receipts, rental of buildings and interest on investments

$34,712,642 State Sources

Equalization aid, categorical special education aid, extraordinary aid, security aid, and transportation aid

$32,787,553 SEMI – Special Education Medicaid Initiative $ 48,266 Total General Fund $67,848,461

Budget Revenue S Summary ry 2018-2019

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SLIDE 18

Federal and State Sources – Grants and Entitlements

Federal aid to implement ESEA/NCLB, IDEA, other special revenue and State non-public funds.

$ 1,259,600 Debt Service Fund Balance $ 177,500 Debt Service Local Tax Levy

Funds to pay principal and interest on prior bond issuances

$ 3,836,462 State Debt Service Aid

Funds to pay principal and interest on prior bond issuances

$ 1,384,135 Total Anticipated Revenues $ 74,506,158

Budget Revenue S Summary ry 2018-2019

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SLIDE 19

Budget Revenue S Summary ry 2018-2019

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SLIDE 20

$0.00 $1,000,000.00 $2,000,000.00 $3,000,000.00 $4,000,000.00 $5,000,000.00 $6,000,000.00 $7,000,000.00 $8,000,000.00 $9,000,000.00

Out of f Dis istri rict Tuit ition Trends

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SLIDE 21

Category 2018-2019 2017-2018 Increase/(Decrease) Percent Change General Fund

$67,848,461 $65,920,885 1,927,576 2.92

Special Revenue

$ 1,259,600 $1,481,883 ($222,283) (15%)

Debt Service

$ 5,398,097 $5,450,097 ($52,000) (0.95%)

Total

$74,506,158 $72,852,865 $1,653,293 2.27%

2018-2019 Budget Comparison to 2017-2018 2018

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SLIDE 22

Regional Equalized Valuation 2018 Regional Equalized Valuation 2017 Egg Harbor City $ 69,392,769 4.1041335% $ 72,577,527 4.2048397% Galloway Twp $ 864,118,440 51.1070171% $ 895,167,211 51.8622608% Hamilton Twp $ 619,490,936 36.6388824% $ 608,338,350 35.2445909% Mullica Twp $ 137,799,801 8.1499670% $ 149,964,325 8.6883086% Total $ 1,690,801,946 100.000000% $ 1,842,645,602 100.000000%

All llocation of f Regional Taxes

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SLIDE 23

All llocation of f Regional Taxes Further Explanation

A B C D E F (C/B+C) (A*D) (E/Total E) Elementary Regional Regional 2017/2018 Equalized Enrollment Enrollment Regional Equalized Percentage Valuation 10/14/16 10/14/16 Percentage Valuation Share Egg Harbor City $ 227,965,733 521 228 30.44% $ 69,392,769 4.1041335% Galloway Township $ 2,751,969,555 3255 1490 31.40% $ 864,118,440 51.1070171% Hamilton Township $ 2,139,126,161 2887 1177 29.96% $ 619,490,936 36.6388824% Mullica Township $ 455,988,753 635 275 31.22% $ 137,799,801 8.1499670% $ 5,575,050,201 7298 3170 $ 1,690,801,946 100.0000000%

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SLIDE 24

All llocation of f Regional Taxes Equalized Valu luation

  • Calculated by New Jersey Division of Taxation
  • Includes:
  • the aggregate true value of real property
  • the value of second class railroad property
  • the assessed value of locally assessed business

personal property

  • It is used to measure the wealth of the taxing

district

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SLIDE 25

2018 2017 Increase/(Decrease) Assessed Values Assessed Values $ % Egg Harbor City $ 197,867,300 $ 222,198,200 $ (24,330,900) (10.95%) Galloway Township $ 2,695,366,700 $ 2,693,627,800 $ 1,738,900 0.06% Hamilton Township $ 2,094,348,637 $ 2,090,743,139 $ 3,605,498 0.17% Mulica Township $ 292,476,800 $ 291,878,400 $ 598,400 0.21%

Constituent Ratables

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SLIDE 26

Im Impact on General Fund Tax Rates

GENERAL Increase/ (Decrease) in Tax Levy Increase/ (Decrease) in Tax Rate Assessed Valuation Annual Tax Increase/ (Decrease) Monthly Tax Increase/ (Decrease) Daily Tax Increase/ (Decrease) Egg Harbor City $ 12,452.17 $ 0.0799 $ 100,000 $ 79.90 $ 6.66 $ 0.22 Galloway Township $ 312,996.47 $ 0.0112 $ 100,000 $ 11.24 $ 0.94 $ 0.03 Hamilton Township $ 837,289.01 $ 0.0391 $ 100,000 $ 39.06 $ 3.26 $ 0.11 Mulica Township $ (82,405.65) $ (0.0301) $ 100,000 $ (30.10) $ (2.51) $ (0.08) $ 1,080,332.00 $ Increase in General Fund Levy over 17/18 3.41% % Increase in General Levy over 17/18

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SLIDE 27

Im Impact on Debt Service Fund Tax Rates

Increase/ Increase/ Annual Tax Monthly Tax Daily Tax DEBT SERVICE (Decrease) (Decrease) Assessed Increase/ Increase Increase in Tax Levy Tax Rate Valuation (Decrease) (Decrease) (Decrease) Egg Harbor City $ (14,257.67) $ 0.0023 $ 100,000 $ 2.30 $ 0.19 $ 0.01 Galloway Township $ (157,175.04) $ (0.0059) $ 100,000 $ (5.86) $ (0.49) $ (0.02) Hamilton Township $ (33,631.05) $ (0.0017) $ 100,000 $ (1.74) $ (.015) $ (0.01) Mulica Township $ (42,130.24) $ (0.0147) $ 100,000 $ (14.70) $ (1.23) $ (0.04) $ (247,194.00) $ Decrease in Debt Service Levy over 17/18 (6.05%) % Decrease in Debt Service Levy over 17/18

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SLIDE 28

Im Impact on Total Fund Tax Rates

Increase/ Increase/ Annual Tax Monthly Tax Daily Tax TOTAL (Decrease) (Decrease) Assessed Increase/ Increase Increase in Tax Levy Tax Rate Valuation (Decrease) (Decrease) (Decrease) Egg Harbor City $ (1,805.50) $ 0.0822 $ 100,000 $ 82.20 $ 6.85 $ 0.23 Galloway Township $ 155,821.43 $ 0.0054 $ 100,000 $ 5.38 $ 0.45 $ 0.01 Hamilton Township $ 803,657.96 $ 0.0373 $ 100,000 $ 37.32 $ 3.11 $ 0.10 Mulica Township $ (124,535.89) $ (0.0448) $ 100,000 $ (44.80) $ (3.73) $ (0.12) $ 833,138.00 $ Increase in Total Levy over 17/18 2.33% % Increase in Total Levy over 17/18

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SLIDE 29
  • 84% of students pursued a college education
  • Over $14 million dollars awarded in

academic/merit scholarships (Non Need Based)

College/University Acceptances Class of f 2017

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SLIDE 30

College/University Acceptances Class of f 2017

  • Colgate University
  • Cornell University
  • Dartmouth University
  • Harvard University
  • University of Pennsylvania
  • Princeton University
  • Vanderbilt University
  • Embry-Riddle Aeronautical University
  • Johnson & Wales University
  • Rensselaer Polytechnic Institute
  • Stevens Institute of Technology
  • Johns Hopkins University
  • Villanova University
  • Widener University
  • St. Joseph’s University
  • Drexel University
  • University of the Sciences
  • Rutgers University
  • New Jersey Institute of Technology
  • Fairleigh Dickinson University
  • Kean University
  • Rowan University
  • Stockton University
  • Monmouth University
  • Rider University
  • The College of New Jersey
  • Seton Hall University
  • Ramapo College
  • Montclair State University
  • Atlantic Cape Community College
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SLIDE 31
  • 48 District AP course offerings

(18 AHS, 14 CCHS, 16 OHS)

  • 61% of the students who

participated in an AP exam passed with a score of 3 or higher

  • 74% of the students enrolled

in AP courses participated in AP exams

  • 15 anticipated dual credit

courses with Stockton University and 6 anticipated dual credit courses with ACCC for the 2018-2019 school year

  • Articulation Agreements

allowing students to earn college credits

  • Atlantic Cape Community College

for Culinary Program, Homeland Security Magnet, Hospitality & Tourism and Dabce

  • Unity College for courses in our

Environmental Science Magnet

  • Rider University for courses in our

Tomorrows Teachers program

Advanced Pla lacement/Dual Credit

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SLIDE 32
  • 73 varsity sports
  • Over 100 activities

Ext xtra & Co-Curricular Activ ivities

Total l all ll 3 Sc Schools ls

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SLIDE 33

Carol Houck, President, Galloway Township Margaret Guenther, Vice President, Galloway Township Michael Baldwin, Galloway Township Peggy Capone, Hamilton Township Kristina Carr, Hamilton Township

  • Dr. Anne Erickson, Hamilton Township

Lois Garrison, Galloway Township Gregory Kehrli, Mullica Township Brian Sartorio, Egg Harbor City John Keenan, Superintendent Thomas Grossi, Business Administrator Donna Blair, Director of Curriculum and Instruction http://www.gehrhsd.net/

Dis istrict Board of f Education