Presen esentation tion of of the the Annual Annual Schoo School Di - - PowerPoint PPT Presentation

Presen esentation tion of

• f the

the Annual Annual Schoo School Di District rict Budg Budget fo for 2019 2019‐2020 2020

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%

2018/19 3166

• 30
• 0.9%

Total Drop in Enrollment since 2012/13:

• 611
• 16.2%

Annual District Enrollment 2012/13 to 2018/19

$654,857 Increase in Salaries $1,100,000

Increase in Charter School Tuition $130,000 Increase in Maintenance Budget (HVAC Repairs, etc.) $300,000 Increase in School Supplies $250,000

Increase in Lease Payments $195,000

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

Increase in Tax Levy Increases

2019‐2020 General Fund Budget Preparation

$69,487,384 General Fund

$654,857

Additional State Aid $434,276

Tuition Reserve $900,000

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

Increase in Tax Levy Increases

2019‐2020 General Fund Budget Preparation

$69,487,384 General Fund

Budg Budget et Challeng Challenges es

Underfunded Underfunded St State Aid Aid

• Since 2010 the New Jersey School Funding Reform Act

(SFRA) has not been fully funded

• For our 2019/2020 we received an increase of $434,276
• For our 2019/2020 budget we are still underfunded by $2.9

million #

• Cumulatively since 2010 GEHRHSD is underfunded by

$42.8 Million *

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

Budg Budget et Challeng Challenges es

Atlan lantic ic Coun County ty In Institu itute of

• f Technology

chnology

• For the 2019/2020 school year we have

budgeted 447 students attending ACIT

• Total budgeted 2019/2020 cost including

transportation and tuition adjustment is $4,871,698

Budg Budget et Challeng Challenges es

Chart Charter School School Tuition ition

• For the 2019/2020 school year we have

budgeted 45 students attending CharterTech

• Total budgeted 2019/2020 tuition cost is

$905,810

• Average tuition cost per student attending

CharterTech is $20,129

• GEHRHSD 2019/2020 tuition rate is $16,500

Budg Budget et Challeng Challenges es

School School Dev Developm pmen ent Authority Authority (SD (SDA) Assessm Assessment

• 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”

• 2019/2020 budgeted assessment $611,622
• Total cumulative assessment since 2010/2011 is

$4,704,790

Budg Budget et Challeng Challenges es

Homel Homeless ss Transport ansportati tion

• n
• 2015/2016 Homeless Transportation Costs

$94,659

• 2016/2017 Homeless Transportation Costs

$177,695

• 2017/2018 Homeless Transportation Costs

$160,749

• 2018/2019 Homeless Transportation Costs

$184,143 to date

2 Ye Year Budg Budget et Highligh ghlights

• HVAC Repairs and Upgrades
• We have increased our facilities budget to repair HVAC equipment in all 3 schools

with specific attention to Absegami and Oakcrest High Schools

• Leasing of Equipment
• Continued Lease Purchasing of New Computers, Chrome Books, and iPads
• Budgeted the leasing of HVAC replacement in Absegami and Oakcrest High Schools
• Budgeted the leasing of Facilities vehicles and 3 student transportation vehicles
• High School Department Budgets
• Modest increases in each schools department budgets

2 Ye Year Budg Budget et Highligh ghlights

• Solar/Roof Project
• Power Purchase Agreement has been executed with our vendor 127Enegy. Solar

panel installation at all three schools will begin this summer as well as a new roof at Absegami High School

• LED Lighting Upgrades
• We will see energy savings this year with our recent LED lighting upgrades and

with the above mentioned Solar project

General Fund * Debt Service Fund # 2019/2020 State Aid $ 32,571,829 $1,378,999 2018/2019 State Aid $ 32,137,553 $1,384,135 Increase in State Aid $ $ 434,276 $ (5,136) Increase in State Aid % 1.35% (.37%) *excludes extraordinary aid # includes March 2015 referendum aid

St State Ai Aid Sum Summar ary 2019 2019‐2020 2020

General Fund $ 69,487,384 Special Revenue Fund $ 1,316,282 Debt Service Fund $ 5,371,991 Total $ 76,175,657

Budg Budget et Sum Summar ary 2019 2019‐2020 2020

Current Expense

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

$ 67,969,912 Capital Outlay

Funds for SDA assessment.

$ 611,662 Charter School Tuition

Charter school tuition costs.

$ 905,810 Federal and State Projects

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

$ 1,316,282 Debt Service Funds

Funds to pay principal and interest on prior bond issuances.

$ 5,371,991 Total Expenditures $ 76,175,657

Budg Budget et Expenditur Expenditure Sum Summar ary 2019 2019‐2020 2020

Budg Budget Expenditur Expenditure Summa mmary 2019 2019‐2020 2020

Budgeted Fund Balance – Operating Budget $ 300,000 Withdrawal from Tuition Reserve $ 900,000 Local Sources

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

$35,005,394 State Sources

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

$33,221,829 SEMI – Special Education Medicaid Initiative $ 60,161 Total General Fund $69,487,384

Budg Budget Re Revenue Summa mmary 2019 2019‐2020 2020

Federal and State Sources – Grants and Entitlements

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

$ 1,316,282 Debt Service Fund Balance $ 23 Debt Service Local Tax Levy

Funds to pay principal and interest on prior bond issuances

$ 3,992,969 State Debt Service Aid

Funds to pay principal and interest on prior bond issuances

$ 1,378,999 Total Anticipated Revenues $ 76,175,657

Budg Budget Re Revenue Summa mmary 2019 2019‐2020 2020

Budg Budget Re Revenue Summa mmary 2019 2019‐2020 2020

$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 Out of

• f Di

Distri rict ct Tu Tuition Tr Trends

Category 2019‐2020 2018‐2019 Increase/(Decrease) Percent Change General Fund

$69,487,384 $67,934,571 $1,552,813 2.29

Special Revenue

$1,316,292 $1,548,567 ($232,285) (15%)

Debt Service

$5,371,991 $5,398,097 ($26,106) (0.48%)

Total

$76,175,657 $74,881,235 $1,294,422 1.73%

2019 2019‐2020 2020 Budg Budget Com Comparison arison to to 2018 2018‐2019 2019

Regional Equalized Valuation 2019 Regional Equalized Valuation 2018 Egg Harbor City $ 66,782,100 3.8584270% $ 69,392,769 4.1041335% Galloway Twp $ 827,592,155 47.8152669% $ 864,118,440 51.1070171% Hamilton Twp $ 688,403,383 39.7734455% $ 619,490,936 36.6388824% Mullica Twp $ 148,033,896 8.5528606% $ 137,799,801 8.1499670% Total $ 1,730,811,534 100.000000% $ 1,690,801,946 100.000000%

Allo Allocatio tion of

• f Re

Regional Ta Taxes

Allo Allocatio tion of

• f Re

Regional Ta Taxes Further Further Explana Explanation ion

A B C D E F (C/B+C) (A*D) (E/Total E) Elementary Regional Regional 2019/2020 Equalized Enrollment Enrollment Regional Equalized Percentage Valuation 10/15/18 10/15/18 Percentage Valuation Share Egg Harbor City $ 215,565,203 519 233 30.98% $ 66,782,100 3.8584270% Galloway Township $ 2,726,827,530 3265 1422.5 30.35% $ 827,592,155 47.8152669% Hamilton Township $ 2,309,303,531 2806 1192 29.81% $ 688,403,383 39.7734455% Mullica Township $ 472,498,869 607 277 31.33% $ 148,033,896 8.5528606% $ 5,724,195,133 7197 3124.5 $ 1,730,811,534 100.0000000%

Allo Allocatio tion of

• f Re

Regional Ta Taxes Equaliz qualized Va Valuation

• 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

2019 2018 Increase/(Decrease) Assessed Values Assessed Values $ % Egg Harbor City $ 198,723,500 $ 197,867,300 $ 856,200 0.43% Galloway Township $ 2,713,819,800 $ 2,695,366,700 $ 18,453,100 0.68% Hamilton Township $ 2,041,610,335 $ 2,094,348,637 $ (52,738,302) (2.52%) Mulica Township $ 455,792,500 $ 292,476,800 $ 63,315,700 55.84%

Cons Constituen tituent Ra Ratables bles

Im Impact on

• n Gener

General Fund Fund Ta Tax Ra 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 $ (55,184.07) $ (0.0306) $ 100,000 $ (30.60) $ (2.55) $ (0.08) Galloway Township $ (764,690.43) $ (0.0324) $ 100,000 $ (32.40) $ (2.70) $ (0.09) Hamilton Township $ 1,286,803.75 $ 0.0778 $ 100,000 $ 77.80 $ 6.48 $ 0.21 Mulica Township $ 187,927.75 $ (0.2857) $ 100,000 $ (285.70) $ (23.81) $ (0.78) $ 654,857.00 $ Increase in General Fund Levy over 18/19 2.00% % Increase in General Levy over 18/19

Im Impact on

• n Debt

Debt Ser Service ice Fund Fund Ta Tax Ra 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 $ (3,387.73) $ (0.0021) $ 100,000 $ (2.10) $ (0.18) $ (0.01) Galloway Township $ (51,452.51) $ (0.0023) $ 100,000 $ (2.30) $ (0.19) $ (0.01) Hamilton Township $ 182,504.55 $ 0.0107 $ 100,000 $ 10.70 $ 0.89 $ 0.03 Mulica Township $ 28,842.68 $ (0.0320) $ 100,000 $ (32.00) $ (2.67) $ (0.09) $ 156,507.00 $ Increase in Debt Service Levy over 18/19 4.08% % Increase in Debt Service Levy over 18/19

Im Impact on

• n To

Total Fund Fund Ta Tax Ra 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 $ (58,571.80) $ (0.0327) $ 100,000 $ (32.70) $ (2.73) $ (0.09) Galloway Township $ (816,142.94) $ (0.0347) $ 100,000 $ (34.70) $ (2.89) $ (0.10) Hamilton Township $ 1,439,308.30 $ 0.0885 $ 100,000 $ 88.50 $ 7.38 $ 0.24 Mulica Township $ 216,770.43 $ (0.3177) $ 100,000 $ (317.70) $ (26.48) $ (0.87) $ 811,363.99 $ Increase in Total Levy over 18/19 2.22% % Increase in Total Levy over 18/19

• 82.5% of students pursued a college education
• Over $15 million dollars awarded in

academic/merit scholarships (Non Need Based)

Co Colle llege/U e/Univ iversity sity Accep Acceptances ances Cl Class ass of

• f 2018

2018

Co Colle llege/U e/Univ iversity sity Accep Acceptances ances Cl Class ass of

• f 2018

2018

• Yale 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
• College of William and Mary
• Villanova University
• Widener University
• St. Joseph’s University
• Citadel Military College
• 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

• 59 District AP course offerings (20 AHS, 20 CCHS, 19

OHS)

• 51% of the students who participated in an AP exam

passed with a score of 3 or higher

• 80% of the students enrolled in AP courses

participated in AP exams

Adv Advanced nced Pl Placem acemen ent

• Dual Credit
• 15 dual credit course with Stockton University
• 13 dual credit courses with Rowan College at Burlington County
• 2 dual Credit courses with Seton Hall
• 9 dual credit courses with Atlantic Cape Community College
• 52.8% of students enrolled in one or more dual credit courses
• Articulation Agreements allowing students to earn college

credits

• Atlantic Cape Community College for Culinary Program, Homeland Security

Magnet, and Hospitality & Tourism

• Unity College for courses in our Environmental Science Magnet
• Rider University for courses in our Tomorrows Teachers program

Dual Dual Cr Credit edit

• An accelerated academic program
• With the Early College Program, students at Absegami, Cedar

Creek and Oakcrest High School may earn a two‐year Associate’s Degree in General Studies from Atlantic Cape Community College while they earn the high school diploma

• Saves students time and money

Early arly Col Colleg ege Pr Program

• 73 varsity sports
• Over 100 activities

Extr Extra & Co Co‐Curricular Curricular Activitie Activities

To Total all all 3 School Schools

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 Jennifer Rushton, Director of Curriculum and Instruction http://www.gehrhsd.net/

Di District rict Boar Board of

• f Ed

Educat ation