Upper Saddle River Schools Public Hearing on the 2017/18 Budget - PowerPoint PPT Presentation

Upper Saddle River Schools Public Hearing on the 2017/18 Budget

Budget Timeline State Aid Submit Proposed USR Commitments Budget to Executive Public County Superintendent for Approval March 6 Feb 28 March 3 March 8 May 1 Governor BOE approved Public Budget Christie’s Budget preliminary Hearing Address budget

Goals for Developing a Responsible Budget 01 Maintain Appropriate Class 04 Maintain our Exemplary Sizes Reputation Increase Student Achievement 02 05 Keep our Students & Staff Safe & Wellness 03 Keep Facilities Running Well 06 Continued Focus on Instructional Improvement

Proposed School Budget 2017/18 Assumptions: ❏ No increase in State Aid ❏ 2% Tax Levy Cap ❏ Use of Waiver ❏ No New Positions

State Aid to USR Year State Aid 2008-2009 $838,908 2009-2010 $647,269 $0 2010-2011 2011-2012 $201,276 + 201,276* $506,601 2012-2013 $506,602 2013-2014 $532,142 2014-2015 $532,142 2015-2016 $546,679 2016-2017 $546,679 2017-2018

Revenue Sources +/- 16/17 Percent of Total Budget 90.07% Tax Levy 2.25% 2.29% 0% State Aid Budgeted Fund 5.2% -11.12% Balance Capital Reserve 1.24% 0% Transfer Tuition / Interest / 1.23% 14.52% Misc. Total: $24,201,116* *Operating Budget (excluding debt service)

Proposed Revenues 2017/18

How Did We Balance Revenues & Expenditures? 01 Flat State Aid 02 Use of Waiver 03 Revenues Fund Balance Tuition Shared Services 04 Costs Position Control Special Education Employees Paying Into Health Benefits

Shared Services With… 01 Borough of Upper Saddle River 02 Quad District 03 Region 1 04 Regional Purchasing Consortiums 05 Insurance Consortiums

Local Support USRPTO USREF Youth Guidance

Proposed School Budget 2017/18 Category % Amount Percentage of Total Salaries/Benefits 18,486,777 76.39 (all employees) Special Ed 2,011,816 8.32 Tuition/Services Supplies 820,149 3.39 620,150 2.57 Maintenance (non salary) 547,000 2.26 Transportation 509,000 2.11 Utilities Equipment / Cap Projects 540,300 2.24 Other 665,924 2.76 Total: $24,201,116* *Operating Budget (excluding debt service)

Proposed Expenditures 2017/18

What are We Getting? Emphasis on Student Safety 01 Achievement & Wellness 02 Maintaining Appropriate Class Sizes 03 Focus on Instructional Effectiveness Includes: 04 Continue funding Anytime/Anywhere Initiative Continue funding for Staff Development

At What Cost? Tax Levy Increase of 2.15% B A $117/year increase for D average assessed home C in USR

Ho-Ho-Kus: 2016-17 Budgetary Per Pupil Cost* $15,211 Allendale: 30000 $17,243 Upper Saddle 25000 River: $17,437 20000 Wyckoff: 15000 $17,817 10000 Franklin Lakes: $24,848 5000 Saddle River: 0 $29,692 Ho-Ho-Kus Allendale Upper Saddle Wyckoff Franklin Saddle River River Lakes *Source: Taxpayers Guide to Education Spending - www.nj.gov.cgi-bin/education

History of Tax Increases

Any Questions?