Woodstown-Pilesgrove Regional School District 2018/19 Budget - - PowerPoint PPT Presentation

Woodstown-Pilesgrove Regional School District 2018/19 Budget Presentation

Board Meeting: April 26, 2018

Takeaways

• 1. Superintendent message
• 2. Summarize reductions
• 3. Budget details
• 4. Tax impact

2

91+% of our revenues is our Operating Budget

3

Matching Revenue & Expense Buckets

Description 2017/18 Budget 2018/19 Proposed $ Change % Change Operating Budget $22,942,605 $22,865,703

• $76,902
• 0.3%

Grants and Entitlements $659,070 $536,798

• $122,272
• 18.6%

Repayment of Debt $1,525,927 $1,531,802 $5,875 0.4% Total Revenues $25,127,602 $24,934,303

• $193,299
• 0.8%

Description 2017/18 Budget 2018/19 Proposed $ Change % Change General Fund $22,942,605 $22,865,703

• $76,902
• 0.3%

Special Revenue Funds $659,070 $536,798

• $122,272
• 18.6%

Debt Service Funds $1,525,927 $1,531,802 $5,875 0.4% Total Expenditures/Appropriations $25,127,602 $24,934,303

• $193,299
• 0.8%

4

Focus on Operating Budget (Revenue)

Description 2017/18 Budget 2018/19 Proposed $ Change % Change Local Tax Levy $10,814,414 $11,030,702 $216,288 2.0% Total Tuition $4,214,772 $3,886,059

• $328,713
• 7.8%

Unrestricted Misc Revenues $544,192 $526,800

• $17,392
• 3.2%

Revenues from State Sources $7,137,998 $7,192,286 $54,288 0.8% Revenues from Federal Sources $24,240 $29,856 $5,616 23.2% Budgeted Fund Balance $200,000 $200,000 $0 0.0% Adjustment for Prior Year Encumbrances $6,989 $0

• $6,989
• 100.0%

Revenues (Over)/Under Expenses $0 $0 $0 NA Operating Budget $22,942,605 $22,865,703

• $76,902
• 0.3%

5

View 1: Expenses by Category

6

View 1: Expenses by Category

Description 2017/18 Budget 2018/19 Proposed $ Change % Change 18/19 Proportion Salaries $14,094,161 $13,702,501

• $391,660
• 2.8%

59.9% Employee Benefits $4,065,146 $4,400,609 $335,463 8.3% 19.2% Purchased Professional and Tech Svcs $652,908 $574,665

• $78,243
• 12.0%

2.5% Property Services $166,614 $182,650 $16,036 9.6% 0.8% Transportation $1,350,650 $1,326,544

• $24,106
• 1.8%

5.8% Insurance $129,092 $128,815

• $277
• 0.2%

0.6% Telephone $119,723 $131,925 $12,202 10.2% 0.6% Tuition $969,224 $1,174,842 $205,618 21.2% 5.1% Other Purchased $229,211 $241,908 $12,697 5.5% 1.1% General Supplies & Materials $590,223 $412,330

• $177,893
• 30.1%

1.8% Utilities $425,508 $469,200 $43,692 10.3% 2.1% Textbooks $54,437 $30,200

• $24,237
• 44.5%

0.1% Other Objects $89,414 $83,220

• $6,194
• 6.9%

0.4% Capital Outlay $6,294 $6,294 $0 0.0% 0.0% Total General Fund Expenses $22,942,605 $22,865,703

• $76,902
• 0.3%

100.0% 7

View 2: Expenses by Department

Description 2017/18 Budget 2018/19 Proposed $ Change % Change 18/19 Proportion Instruction $11,170,164 $10,925,369

• $244,795
• 2.2%

47.8% Support Services -- Students $1,612,930 $1,675,305 $62,375 3.9% 7.3% Support Services -- Instructional Staff $552,547 $391,369

• $161,178
• 29.2%

1.7% Support Services -- Gen Admin $605,128 $619,865 $14,737 2.4% 2.7% Support Services -- School Admin $1,346,653 $1,243,658

• $102,995
• 7.6%

5.4% Central Services $446,774 $466,312 $19,538 4.4% 2.0% IT $152,470 $126,690

• $25,780
• 16.9%

0.6% Grounds, Custodial, Maintenance $1,759,988 $1,710,605

• $49,383
• 2.8%

7.5% Security $175,770 $170,000

• $5,770
• 3.3%

0.7% Transportation $1,048,741 $1,129,627 $80,886 7.7% 4.9% Personnel Services $4,065,146 $4,400,609 $335,463 8.3% 19.2% Capital Outlay $6,294 $6,294 $0 0.0% 0.0% Total General Fund Expenses $22,942,605 $22,865,703

• $76,902
• 0.3%

100.0% 8

2018-2019 Supported Innovations

9

Instructional Programming Extra-Curricular Activities Personnel and Operations Language Arts Program: Achieve Elementary Reading Program All High School Clubs and Athletics Remain Except Winter Track In-House Staff Development High School Mathematics Pilot Initiative Priority Aligned Job Descriptions Middle School Science Curriculum Upgrade Federal Grant Spending Technology Hardware and Infrastructure Reduced Administration To Match State Benchmark Class Size Within District Standards

2018-2019 Budget Reductions

10

Instructional Programming Extra-Curricular Activities Personnel and Operations HS Twilight (moved from evening to afternoon) High School Winter Track 1 Retirement (attrition) Teacher Stipend condensing Middle School Sports 2 Full-time and 1 Part-time Aide Teacher Duty restructuring 1 Full-time and 1 Part-time Special Ed Teacher (compact programming) 1 Part-time Roper ECLC Teacher 1 WMS Teacher 3 WHS Teacher 1 WPRSSA Support Staff 2 Administrators (Curriculum & Guidance)

Tax Levy and Tax Rate by Municipality

11 Municipality 17/18 Tax Levy 18/19 Tax Levy 18/19 Increase vs. 17/18 Pilesgrove $7,554,864 $7,789,169 $234,306 Woodstown $4,673,733 $4,666,013

• $7,721

Total $12,228,597 $12,455,182 $226,585 Municipality 17/18 Tax Rate (actual) 18/19 Tax Rate (estimated) 18/19 Increase vs. 17/18 Pilesgrove 1.587% 1.643% 0.056% Woodstown 1.636% 1.662% 0.026%

Tax Levy and Tax Rate by Municipality

* Denotes "Average Home Assessed" value. 12 Municipality 2017 Assessed Value 17/18 Annual Tax 18/19 Annual Tax 18/19 Annual Tax Increase 18/19 Monthly Tax Increase Pilesgrove $100,000 $1,587.00 $1,643.00 $56.00 $4.67 Pilesgrove $200,000 $3,174.00 $3,286.00 $112.00 $9.33 Pilesgrove * $278,852 $4,425.38 $4,581.54 $156.16 $13.01 Pilesgrove $300,000 $4,761.00 $4,929.00 $168.00 $14.00 Pilesgrove $400,000 $6,348.00 $6,572.00 $224.00 $18.67 Woodstown $100,000 $1,636.00 $1,662.00 $26.00 $2.17 Woodstown $200,000 $3,272.00 $3,324.00 $52.00 $4.33 Woodstown * $210,761 $3,448.05 $3,502.85 $54.80 $4.57 Woodstown $300,000 $4,908.00 $4,986.00 $78.00 $6.50 Woodstown $400,000 $6,544.00 $6,648.00 $104.00 $8.67