Dr. Vincent Occhino, Interim Business Administrator Mr. Ernie - - PowerPoint PPT Presentation

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Dr. Vincent Occhino, Interim Business Administrator Mr. Ernie - - PowerPoint PPT Presentation

Aug 15, 2023 48 likes •189 views

Presented by Dr. Lydia E. Furnari , Interim Superintendent Dr. Vincent Occhino, Interim Business Administrator Mr. Ernie Turner, Business Consultant Board of Education Mrs. Marie Bilik President Mr. Noah Haiduc-Dale Mrs. Ann Marie Cooke

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SLIDE 1

Presented by

  • Dr. Lydia E. Furnari , Interim Superintendent
  • Dr. Vincent Occhino, Interim Business Administrator
  • Mr. Ernie Turner, Business Consultant

Board of Education

  • Mrs. Marie Bilik – President
  • Mr. Noah Haiduc-Dale
  • Mrs. Ann Marie Cooke – Vice President
  • Mrs. Denise Kelly-Jones
  • Mr. Michael Rose
  • Ms. Kristin Post
  • Mr. Matthew Fox Mr. Robert Strasser
  • Mr. Scott Guzzo
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SLIDE 2

 Alignment of Budget to District Goals

 Staffing – No significant changes  Program Improvements

 Construction of the 2020-2021 budget includes

use of Banked Cap

 Tax Levy of $9,847,673 which is an increase of

$288,220 or 3.02%

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SLIDE 3

 Continued funding for State mandated

programs

 NJSLS alignment & curriculum revision  NJSLA readiness

 Sustainability and operational improvements  Support services efficiencies

 Addition of safety & security equipment

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SLIDE 4

Current Expenditures 2020-2021 Current 2019-2020 $ Change % Change

Special Programs

$517,938 $511,194 $6,744 1.32%

Regular Education

$3,070,655 $2,716,566 $354,099 13.03%

Tuition

$4,047,018 $4,241,921 ($194,903)

  • 4.59%

Speech, OT, PT, Extra Services

$206,473 $192,479 ($104)

  • .001%

Child Study Teams

$274,354 $304,923 ($30,569)

  • 10.03%

General Administration

$389,420 $391,624 ($2,204)

  • 0.56%

School Administration

$113,681 $117,030 ($3,349)

  • 2.86%

Central Services

$289,893 $271,845 $18,048 6.64%

Operation & Maintenance

$865,101 $886,254 ($21,153)

  • 2.39%

Student Transportation

$734,547 $762,363 ($27,816)

  • 3.65%

Employee Benefits

$1,522,403 $1,480,953 $41,450 2.80%

Other Expenditures

$649,376 $907,894 ($258,894)

  • 28.47%

Facilities

$51,859 $197,741 ($145,882)

  • 73.77%

TOTAL OPERATING BUDGET

$12,732,718 $12,982,787 ($250,069)

  • 1.93%
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SLIDE 5

0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00%

4.07% 24.12% 31.64% 1.61% 2.15%3.06% 0.89% 2.28% 6.79% 5.77% 11.96% 5.11% 0.41%

Series1

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SLIDE 6

Current Expense Tax Levy, $9,847,673 , 77% Budgeted Fund Balance, $66,227 , 1% Tuition Reserve, $151,738 , 1% Miscellaneous, $8,043 , 0% State and Federal Aid, $2,659,037 , 21%

Total Revenue $12,732,718

Current Expense Tax Levy Budgeted Fund Balance Tuition Reserve Miscellaneous State and Federal Aid

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SLIDE 7

Salaries 41% Everything Else 59%

BUDGET

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SLIDE 8

517,938.00, 4% 3,070,655.00, 24% 4,047,018.00, 32% 205,437.00, 2% 274,354.00, 2% 389,420.00, 3% 113,681.00, 1% 289,893.00, 2% 865,101.00, 7% 734,547.00, 6% 1,522,403.00, 12% 650,412.00, 5% 51,859.00, 0%

Special Programs Regular Education Tuition Speech, OT, PT, Extra CST Gen Admin School Admin Central Services Operations & Maint. Transportation Benefits Other Exp. Facilities

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SLIDE 9

$3,971,442 $273,940 $229,305 $291,732 $420,595 $5,187,014

$0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 0.00% 20.00% 40.00% 60.00% 80.00% 100.00% 120.00%

2020-2021

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SLIDE 10

$4,047,018 $87,900 $1,351,477 $231,298 $199,857 $1,576,295 $51,859 Total, $7,545,704

$0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 Tuition Supplies

  • Purch. Serv.

Other Energy Insurance Capital Outlay Total Axis Title

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SLIDE 11

TOTAL 20-21 BUDGET Balance of Levy From 2019- 2020 Raised in 2020 Amount in Col 2 to be Raised in 2020 Tax Levy TOTAL 2020 TAX LEVY Deferred to 2021 Levy

General Fund $9,847,673 $4,779,726 $4,923,837 $9,703,563 $4,923,836 TOTALS $9,847,673 $4,779,726 $4,923,837 $9,703,563 $4,923,836

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SLIDE 12

2019-2020 2020-2021 Increase (Decrease) General Fund $9,559,453 9,847,673 $288,220 Debt Service Fund $0 $0 $0 $9,559,453 9,847,673 $288,220

3.02% TAX LEVY INCREASE

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SLIDE 13

Town Total Value 2020 Budget Tax Levy Rate Avg. Home Green BOE School Taxes On Ave. Home Increase Over prior Fiscal Year

$424,380,200 $9,703,563 .022865 $312,187 $7,138 $71.00

3.02% Net Tax Increase

  • r

$71.00

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SLIDE 14

 The user friendly budget will be posted to the

District website once it has been approved.

 Please address questions concerning the

District Budget to:

 Dr. Lydia E. Furnari: lfurnari@greenhills.org  Dr. Vincent Occhino: vocchino@greenhills.org  Mr. Ernest Turner: eturner@greenhills.org

Thank You!