Glassboro Public Schools 1 Introduction Goals: 1. Support - PowerPoint PPT Presentation

Glassboro Public Schools 1

Introduction Goals: 1. Support instruction 2. Minimize budget increases 3. Minimize tax increases 2

Introduction Goals (Continued): 4. Produce financially-stable budget in period of declining enrollment Student Enrollment Snapshots School Year October Enrollment 2018-2019 1988 2017-2018 2033 2016-2017 2091 2015-2016 2128 2014-2015 2122 2013-2014 2183 3

Position Reductions Miscellaneous Reductions Total Cost Two Teaching Positions at Bullock $101,540 Two Teaching Positions at Bowe $100,813 One Teaching Position at Rodgers $58,140 One Part-time Guidance Position at Rodgers $30,000 One Teaching Position at GIS $58,040

Reductions to Proposed Budget Items Miscellaneous Reductions Total Cost Media Specialist Position for Libraries $55,640 ESL Teaching Position $50,540 Technology Position $40,000 Attendance Clerk $25,000 LED Signs $50,000

Budget Savings Attrition/Reallocation This year, we will realize savings through attrition and reallocation of positions. 6

Budget Savings Benefits Offering a Health Benefits Waiver: • Estimated Savings: $914,000 Employees Paying into Benefits: • $1.4 Million 7

Budget Savings Shared Services • Boro of Glassboro - Gas and diesel fuel, recycling, trash removal and building space • Rowan and the Boro - Fiber optic network • Rowan - Internet provider, advanced courses for high school students • Gloucester Co. Special Services - Student transportation jointures • Clayton Public School District - Transportation jointure, golf, swimming, tennis and wrestling teams, receive special education tuition students • Various School Districts - Transportation jointures 8

Budget Savings Jointures & Cooperatives • ACES - Electric, natural gas • NJ Schools Insurance Group - Workers ’ compensation insurance • ERIC/JIF - Property and casualty insurance • Educational Data Services - Purchasing cooperative • MRESC - Cooperative pricing system 9

Other Estimated Savings Copier Fleet Refresh $14,000 Summer Flextime $10,000 Food Service Profits $55,134 10

Borough Investments With support from the Borough $121,000 $275,000 11

Pre-K Playground Investment 12

Glassboro Public Schools 2019-2020 Budget Revenue Tuition Revenue Transportation Revenue .58% .45% Use of Fund Balance 6.71% Miscellaneous .59 School Choice Aid .37% $14,914,918 $20,335,186 Assorted Local Tax Levy Decrease = State Aid Increase = 52.67% 9.57% 38.63% 3.48% Total $38,610,811

Glassboro Public Schools 2019-2020 Appropriations Salaries & Benefits Employee Benefits Total Salaries $7,908,760 $21,505,362 76.18%

Glassboro Public Schools 2019-2020 Appropriations Special Education Professional Services Transportation $258,200 = .67% $500,642 = 1.30% Tuition Costs $2,596,558= 6.72% 15

Glassboro Public Schools 2019-2020 Appropriations Textbooks and Supplies Textbooks & Supplies $1,190,273 = 3.08% 16

Glassboro Public Schools 2019-2020 Appropriations Utilities, Operations & Maintenance Utilities $850,700 = 2.20% Operations and Maintenance $631,258 = 1.63% 17

Glassboro Public Schools 2019-2020 Appropriations Capital Outlay Capital Outlay $887,974 = 2.30% 18

General Fund Increase The tax rate increase for the General Fund is less than a penny = $84.08 on the Average Assessed Home ($187,952) 3/4 19

Debt Service Reduction Retiring Debt = -$122.04 3/4 Debt 20

Tax Decrease 6.7¢ Tax Decrease $37.96 overall reduction for the average-assessed home in Glassboro = $3.16 less per month. 3/4 21

Thank You! THANK YOU! 22