Moorestown Township Board of Education 2 0 18 - 2 0 19 B U D G E T - - PDF document

5/ 2/ 2018 1 2 0 18 - 2 0 19 B U D G E T PR E L I M I N A R Y B U D G E T SU B M I SSI O N M A R CH 2 7, 2 0 18

Moorestown Township Board of Education

Presentation Goals

 Residents

 What assumptions were made to build the budget and how will

my investment of tax dollars be used?

 What will be done to conserve district resources?  How will taxes be impacted?

 Parents

 What will this budget provide for my children?

 Faculty & Staff

 Will this budget provide the resources we need to help our

students succeed and to maintain an environment conducive to learning?

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Budget Priorities

 Support District Goals  Sustain rigorous academic programs  Maintain co-curricular & athletic programs  Maintain facilities  Continue revenue generation initiatives

Budget Assumptions

 Enrollment – No significant changes anticipated  Staffing - Will be adjusted according to enrollment to

maintain class size policy

 Fund balance - Will be maintained at the state

maximum

 Tax base – The value of taxable property (ratables)

has increased by about $26.7 million over 2017. This reduces the tax rate by dividing the tax levy over a larger base.

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Budget Assumptions-Revenues

Anticipated Revenues:

 Local General Fund Tax Levy - $62,936,029 (increase of 2.0% = $1,234,040)  State Aid = $3,575,367 (increase of 9.4% = $306,665)  Extraordinary Aid/ SEMI - $639,020  Tuition – $1,850,000

 Other school districts, Parent paid, Integrated Preschool, Ext Kdgn

 Miscellaneous Revenue Generation – $792,545

 Facility Use Fees, Before and After Care, Shared Services,

Enrichment Programs, Interest, other misc.  Budgeted Fund Balance - $2,223,271

Budget Assumptions

Tax Levy $62,936,029 87% State Aid/ EXAID $4,214,387 6% Tuition $1,850,000 3% Revenue Generation $792,545 1% Budgeted Fund Balance $2,223,271 3%

Revenues

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Budget Assumptions-Expenditures

Expenditures:

 Salaries –

 Year 3 of 3 - Moorestown Education Association  Year 2 of 3 - Moorestown Administrators Association

 Employee Benefits & Insurance -

Health, Dental, Workers Compensation, Property, Casualty, Auto, Environmental, Cyber Liability Rate increases - 5.9% (SHIF) and 1.5%(BCIP)

 Public Employees Retirement System pension employer

contribution – Anticipated 4% increase

Budget Assumptions-Expenditures

$57,963,680 80% $14,155,947 20%

Expenditures

Salaries & Benefits Other

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Resource Conservation through Shared Services

 Special Education - Utilize Burlington County

Educational Services for special education programs, nonpublic IDEA and nonpublic auxiliary/ handicapped services

 Transportation Services - Participate in jointures

with local districts and ESU

 Purchasing – Cooperative purchasing through

Educational Data Services, NJ Educational Services Commission, Hunterdon Cty ESC, NJ State Contracts, & ACES utilities consortium

Resource Conservation through Shared Services

 Municipal/ Public Works - Snow removal, trash

disposal, street sweeping, shared equipment, athletic field maintenance

 Professional Staff Development - Collaborate with

• ther local districts to provide professional

development opportunities

 Insurance Coverages and Benefits - Member of

Burlington Cty Insurance Pool Joint Insurance Fund for property, liability & workers comp insurance, and the School Health Insurance Fund for health & dental benefits

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Resource Conservation through Shared Services

 Shared service agreement with Delanco School

District to provide:

 Business Administrator services  Information Technology services (New)

Produces revenue for the District Allows for enhanced I.T. technician coverage in-district

How does the Budget Support District Goals?

 District Goal 1

Establish a culture of innovation to facilitate authentic growth and development of engaged, dynamic and productive leaners.

 Innovation through reframing of

curriculum/ professional development

 WAMS schedule change  Future Ready Schools  Technology replacement plan  1:1 Expansion/ BYOD Pilot

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Support of District Goals

 District Goal 2

Provide resources, targeted instruction and interventions tailored to learners’ foundational needs at all grade levels.

 Data analysis to identify needs  Professional development  Upgraded resources for targeted

instructional programs

 Evaluation of delivery models

Support of District Goals

 District Goal 3

Design opportunities that promote self- awareness, confidence, personal responsibility and social mindfulness to provide the foundation for competent local and global citizenship.

 Funds allocated for staff professional

development in these areas

 Continued outreach to students and staff

based on Panorama survey feedback

 Recommendation for additional staff to

support students (as follows)

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Staff to Address Student Needs

Supporting student health and safety

 0.5 Nurse – High School/ District  0.5 Psychologist – Child Study Team

Information Technology Highlights

 25% reduction in Internet costs with new

provider

 Upgrade of Read 180 special education software

(1-time expense)

 Expansion of in-class laptops for grade 5 Network equipment upgrades (eligible for e-rate

discounts) to support increased computer use

 Staff laptop replacements (grades 7-12)

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Facilities/ Transportation

Replace F250 truck with plow Baker LED lighting replacement (net of

NJ Smart Start rebate)

Seabox storage container Safety alert lights Replace 2 54-passenger buses

Budget Development Process -Where we were

 Prior to the release of State Aid  Deficit of $867,992

 Pay to Participate Student Activity Fee

100,000

 Student Parking Fee

30,000

 Anticipate additional tuition, EDC & Misc

82,986

 Additional surplus identified for use

298,419

 Cut capital budget requests

(60,480)

 Cut all new staffing requests

(329,400)

 Reduce B&G overtime

(17,000)

 Restore Out-of-district Spec Educ placement

50,293

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Budget Development Process - Where we are now

 Administrative recommendation for use of State Aid

increase - $306,665

 Reverse Student Pay to Participate Activity Fee (100,000)  Reverse Student Parking Fee

(30,000)

 Capital Reserve Deposit

103,395

 Restore 0.5 School Nurse

26,635

 Restore 0.5 Psychologist – CST

26,635

 Restore Data Analysis

20,000

2018-19 Budget Summary

2018 2018 2019 % OF % FUNCTION ORIGINAL ADJUSTED FUTURE BUDGET CHANGE GUIDANCE 1,501,513 $ 1,545,821 $ 1,555,281 $ 1% EDUCA MEDIA SERV/SCHOOL LIBR 716,676 $ 710,250 $ 731,490 $ 3% REGULAR PROGRAMS - INSTR 23,021,006 $ 22,986,638 $ 23,652,496 $ 3% BASIC SKILLS / REMEDIAL INST 431,498 $ 469,985 $ 492,861 $ 5% BILINGUAL EDUCATION - INST 132,305 $ 144,971 $ 156,823 $ 8% COCURRICULAR ACTIVITIES 328,109 $ 326,943 $ 349,959 $ 7% TUITION-REGULAR 158,504 $ 147,765 $ 160,660 $ 9% SCHOOL SPONS. ATHLETICS INST 1,172,816 $ 1,183,864 $ 1,192,391 $ 1% REGULAR EDUCATION 27,462,427 $ 27,516,237 $ 28,291,961 $ 39.3% 3% SPEECH-OT/P OTHER SUPP SERV 1,043,570 $ 1,033,719 $ 1,064,163 $ 3% SPEC ED EXTRAORDINARY SERVICES 2,229,706 $ 2,269,970 $ 2,446,189 $ 8% CHILD STUDY TEAM 1,779,287 $ 1,770,332 $ 1,819,520 $ 3% TUITION-SPECIAL 1,908,304 $ 1,940,689 $ 2,168,828 $ 12% SPECIAL EDUCATION INSTRUCTION 6,568,279 $ 6,522,775 $ 6,997,719 $ 7% SPECIAL EDUCATION 13,529,146 $ 13,537,484 $ 14,496,419 $ 20.1% 7%

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2018-19 Budget Summary

2018 2018 2019 % OF % FUNCTION ORIGINAL ADJUSTED FUTURE BUDGET CHANGE ATTENDANCE & SOCIAL WORK 56,330 $ 56,330 $ 57,080 $ 1% HEALTH SERVICES 692,289 $ 705,265 $ 758,644 $ 8% IMPROV OF INST SERVICES 1,481,249 $ 1,481,249 $ 1,568,847 $ 6% TEACHER DEVELOPMENT 21,116 $ 19,725 $ 22,150 $ 12% SUPP SERV-GEN ADMINISTRATION 883,410 $ 905,307 $ 865,467 $

• 4%

SUPP SERV-SCHOOL ADMINISTR 2,230,665 $ 2,243,104 $ 2,243,519 $ 0% CENTRAL SERVICES-BUSINESS 694,404 $ 736,175 $ 760,434 $ 3% INFORMATION TECHNOLOGY 574,628 $ 584,998 $ 574,319 $

• 2%

MAINTENANCE FOR SCH FACILITES 185,317 $ 233,555 $ 205,600 $

• 12%

OP & MAINT OF PLANT SERVICES 4,780,519 $ 4,717,062 $ 4,706,613 $ 0% CARE & UPKEEP OF GROUNDS 464,500 $ 481,962 $ 459,000 $

• 5%

SECURITY 349,599 $ 350,364 $ 353,425 $ 1% STUDENT TRANSPORTATION SERVICE 2,913,579 $ 2,913,975 $ 2,953,341 $ 1% SUPPORT 15,327,606 $ 15,429,069 $ 15,528,440 $ 21.6% 1% EMPLOYEE BENEFITS 13,213,157 $ 13,271,524 $ 13,473,865 $ 18.7% 2% FACILITY IMPROVEMENTS/CAP RESERV 173,853 $ 198,061 $ 225,548 $ 0.3% 14% 69,706,189 $ 69,952,376 $ 72,016,232 $ 100.0%

2018-19 Budget Summary

Regular Education $28,291,961 39% Special Education $14,496,419 20% Support Services $15,528,440 22% Employee Benefits $13,473,865 19% Capital $225,548 0%

Appropriations

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Tax Impact

2017-18 Tax Levy Tax Rate Ratables Ratable change General Fund 61,701,989 $ 1.542% 4,001,990,084 $ Debt Service 4,763,233 $ 0.119% Total 17-18 tax rate 66,465,222 $ 1.661% 4,001,990,084 $ 2018-19 Proposed Tax Levy Tax Rate Ratables General Fund 62,936,029 $ 1.562% 4,028,675,687 $ 26,685,603 $ Debt Service 4,795,078 $ 0.119% Total 18-19 tax rate 67,731,107 $ 1.681% 4,028,675,687 $ Difference 17-18 vs. 18-19 Tax Levy Levy Change % Tax Rate Change General Fund 1,234,040 $ 2.000% 0.020% Debt Service 31,845 $ 0.669% 0.000% Total Differences 1,265,885 $ 1.905% 0.020% Tax Impact 2017-18 2018-19

• Ave. Assessed Value

School Levy School Levy Tax Year Increase 450,470 $ 7,481 $ 7,573 $ 92 $