PEM EMBE BERTON ON TWP SCHO HOOLS OLS TENTATIVE 2019-2020 - PowerPoint PPT Presentation

PEM EMBE BERTON ON TWP SCHO HOOLS OLS TENTATIVE 2019-2020 BUDGET ADOPTION FOR SUBMISSION TO THE COUNTY SUPERINTENDENT MARCH 21, 2019 Tony Trongon gone e – Supe perin inten ende dent t Dan Smit ith h – School hool Busin ines ess Adm dmin inis istra trator or

Appropriations

Facilities 1.Waste Water Treatment Plant – Helen Fort MS & Newcomb MS 2.Multi-Purpose Field - PTHS 3.Climate Control – PTHS (3 rd Floor) 4.New Parking Lot – Emmons & Busansky 5.Sewer Drain – Stackhouse 6.Sealcoat/Paint Parking Lots 7.Fire Alarm Upgrades – All Schools 8.Flooring – Helen Fort MS

Facilities 1.Upgrade Emergency Generator Wiring 2.Repair Roof - PTHS 3.Sidewalk/Curb Repairs – Various buildings 4.Re-wire Transformer - Emmons

School Safety & Security • AI-Phones – Stackhouse & Fort Dix • Burglar Alarms - Wireless • Install Cameras (Little Red and Co-Op Building)

School Culture • Character Education • 6 National Schools of Character! • 4 State Schools of Character! • Creating Trauma Sensitive Schools

Acad cademics emics • K to 5 – Math Resources • Continue to provide Intervention & Enrichment in grades K to 8 • Continue w/ Professional Learning Communities • Delivering digital content but also assessing content uniformly • Science – 3 rd year of Next Generation Science Curriculum • Gradu duati tion on Rate e Increa ease se over er 8%!

Academics cademics ■ Added 4 additional CTE programs; – Broadcast Journalism, – Fashion/Apparel Design; – Entrepreneurship, – Digital Communication/Multimedia ■ Additional AP courses at PTHS

Tec echnol hnology ogy ■ Chromebooks in Middle School ■ Refresh 120 Classroom Smart- boards with 75” Interactive flat panels ■ Refresh 220 Classroom desktop computers with new Dell desktop computers - District wide, multiple buildings ■ Convert transportation system from Versa Trans to Trans Finder ■ Enhance district network security through implementation of Extreme Network Access Control services

What happened last year? ■ We w were provi vide ded d our state aid id fig igures s in in e early March ■ We s submi mitt tted d our budg dget, et, in in A April il 2018, 8, wit ith more re than $5 mil illion ion in in redu duct ction ions by $1.9 .97 7 mi mill llion! on! ■ In J July, the state redu duced d our state aid id b ■ Ther here e ca can be ch changes nges again!

Red educ ucti tion ons s to S o Sta taff f in in 2 2019-20 2020 20 SY Bu Budg dget $5 $5,8 ,850 50,0 ,014 – 27 staff reductions (19.5 through attrition) – Operating Expenses

Pemberton Township Schools Appropria opriatio tions ns (General Fund only) Proposed 2018-2019 2019-2020 Change School Based Budgets $ 55,604,025 $ 56,332,134 $ 728,109 Undistributed 47,195,330 44,513,916 (2,681,414) Capital Outlay & Equip 6,674,650 607,050 (6,067,600) Total General Fund $ 109,474,005 $ 100,453,100 $ (8,020,905)

Revenues

Pemberton Township Schools Sources ces of Revenu nue 2018-2019 Proposed 2019-2020 Change Fund Balance $ 3,574,138 $ 3,475,000 $ (99,138) Withdrawal from Capital Reserve 6,214,000 525,000 (5,689,000) Withdrawal from Tuition Reserve 304,299 - (304,299) Withdrawal from Maint Reserve 180,000 508,100 328,100 Withdrawal from Emergency Reserve 1,000,000 - (1,000,000) Withdrawal from Impact Aid Reserve - 250,000 250,000 Local Tax Levy 14,347,611 15,638,896 1,291,285 State Aid (Less Adjustment Aid) 52,340,407 52,404,363 63,956 Adjustment Aid 28,749,666 26,030,478 (2,719,188) Impact Aid 1,500,000 1,600,000 100,000 Special Revenue - State 9,190,740 8,157,510 (1,033,230) Special Revenue - Federal 3,636,351 3,237,387 (398,964) Other Miscellaneous 1,583,479 1,220,006 (363,473) Total General Fund Revenues $ 122,620,691 $ 113,046,740 $ (9,573,951)

Pemberton Twp Schools Operating Budget Reserves 1.14% Fund Balance Local 14.48% 3.07% Federal 4.28% State 77.03%

$90,000,000 State Funding Reform Act (SFRA) & Adjustment Aid $80,000,000 $20,916,832 $70,000,000 $59,799,040 $80,715,872 $60,000,000 $50,000,000 $40,000,000 $30,000,000 Fund Balance, Reserves, 3.07% 1.14% Federal, Local, 4.28% $20,000,000 14.48% $10,000,000 $- State, 77.03% Pemberton SFRA Prescribed Pemberton SFRA Actual

Loss of State Aid ■ NJ Publi lic c Law 2 2018, 8, Chapter r 67, Senate Bil ill #2 (S-2) 2) ■ Schoo ool di distric icts ts that: – Rece ceiv ive Adj djus ustm tment nt Ai Aid – Spend d Abo bove Ade dequacy cy – Ar Are Be Belo low Loc ocal l Fair ir Share re ■ Wi Will l have e adjus justm tment nt aid d reduce duced d over er seven en year ears s (2018-19 through ough 2024-25) 25) ■ The di distric ict t is is s slated d to lose e $26. 6.1 1 mil illion ion over er this is 6 yea ear tim ime perio iod

$30,000,000 Paying Our Fair Share - $24,717,53 As Prescribed by NJDOE 4 $25,000,000 $9,078,638 $20,000,000 $15,638,89 6 $15,000,000 $10,000,000 $5,000,000 $- Actual Local Share Local Fair Share as Determined by State

Sweene eeney/C /Coughli oughlin n Pl Plan an for Funding nding Ed Education ucation in Ne New w Jerse sey • Reduce Adjustment Aid; $26.1 million • Redistribute that aid to districts that are underfunded • Do it over 7 year phase in • Increa ease se Local l Fair ir S Share; $9 mil illion ion • Impact would be high on a town similar to Pemberton

Pembe mberton on Borou ough gh Calculation of Est. 2019 Local School Tax • 2019 $101,949,300 • 2018 $102,476,900 Ratables • Estimated 2019 School Tax Rate 1.032 • Estimated 2018 School Tax Rate .9391 Est. School Tax Rate • Avg. 2019 Assessment of $184,00 x 1.032= $1,898 Average • Avg. 2018 Assessment of $184,000 x .009391= $1,729 Assessment • Increase on Avg. Home = $169/year $14.08/month Increase in Ag. Home = $ 171 Not ote: e: Ori rigin ginal al esti timat mate e of $165 for the average erage increase crease was increased creased based ed on final nal calcul lculations ations generat erated ed with th the Stat ate e budge get t softw tware, are, speci cifi ficall ally y percentage centage points nts used in the distr stributi bution on of Towns nshi hip p vs Boroug ough. h.

Pem ember erton on Towns nship hip Calculation of Est. 2019 Local School Tax • 2019 $1,492,476,457 • 2018 $1,499,272,085 Ratables • Estimated 2019 School Tax Rate .9773 • Estimated 2018 School Tax Rate .8928 Est. School Tax Rate • Avg. 2019 Assessment of $164,000 x .009773 = $1,602 • Avg. 2018 Assessment of $164,000 x .008928 = $1,464 Average • Increase on Avg. Home = $138/year $11.50/month Assessment

2019-2020 2020 Prel elim imin inary y Gen ener eral Fund B d Budg dget et Submi miss ssion ion Recommend the Board approve the submission of the 2019-2020 Preliminary General Fund Budget in the amount of $101,453,100 with a proposed General Fund Tax Levy in the amount of $15,638,896 to the County Executive Superintendent for review. Pemberton Township $14,586,035 93% Pemberton Borough $ 1,052,861 7% Total Levy $15,638,896

Public Hearing 2019-2020 School Budget May 2, 2019 6:30 p.m. Pemberton Township High School