THIRD BUDGET PRESENTATION WORK SESSION: HADDONFIELD BOARD OF EDUCATION February 7, 2008.
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Transcript of THIRD BUDGET PRESENTATION WORK SESSION: HADDONFIELD BOARD OF EDUCATION February 7, 2008.
THIRD BUDGET THIRD BUDGET PRESENTATIONPRESENTATION
WORK SESSION:WORK SESSION:
HADDONFIELD BOARD OF EDUCATIONHADDONFIELD BOARD OF EDUCATION
February 7, 2008February 7, 2008
DEVELOPMENT PARAMETERSDEVELOPMENT PARAMETERS
Show efficienciesShow efficiencies
Be realisticBe realistic
Be transparentBe transparent
Improve the delivery of instructionImprove the delivery of instruction
Grow district initiativesGrow district initiatives Support the professional development of the Support the professional development of the
faculty to meet the learning needs of the studentsfaculty to meet the learning needs of the students
2008-2009 BUDGET2008-2009 BUDGET
THE PROPOSED THE PROPOSED BUDGET FOR BUDGET FOR
2008-20092008-2009
2008-2009 BUDGET2008-2009 BUDGET
EXPENDITURESEXPENDITURES
REQUESTS AND OUTCOMESREQUESTS AND OUTCOMES
Central School – Additional Teacher -- Central School – Additional Teacher -- denieddenied
Tatem School – Additional Teacher – Tatem School – Additional Teacher – denieddenied
Special Education – 1.5 Additional Special Education – 1.5 Additional Teachers – deniedTeachers – denied
REQUESTS AND OUTCOMESREQUESTS AND OUTCOMES
Technology – approved $50,000 – Technology – approved $50,000 – amount requested $321,000amount requested $321,000
District – World Language Teacher K District – World Language Teacher K to 2 – denied – implement alternate to 2 – denied – implement alternate programprogram
2008-2009 BUDGET2008-2009 BUDGET
BUDGET REDUCTIONSBUDGET REDUCTIONS
K-12 Teachers:K-12 Teachers:
2007-2008 Budget2007-2008 Budget $ 9,951,250$ 9,951,250
2008-2009 Proposed 2008-2009 Proposed $ 9,922,650$ 9,922,650
Reduction over last year Reduction over last year $ 28,600$ 28,600
2008-2009 BUDGET2008-2009 BUDGET
BUDGET REDUCTIONSBUDGET REDUCTIONS
Substitute Costs:Substitute Costs:
2007-08 Budget2007-08 Budget $214,700$214,700
2008-2009 Proposed2008-2009 Proposed $192,760$192,760
ReductionReduction $ $
21,94021,940
2008-2009 BUDGET2008-2009 BUDGET
BUDGET REDUCTIONSBUDGET REDUCTIONS
Home Instruction: Home Instruction:
Reduction of $10,000 or 16.67%Reduction of $10,000 or 16.67%
2008-2009 BUDGET2008-2009 BUDGET
BUDGET REDUCTIONSBUDGET REDUCTIONS
Administrative Costs – breakage Administrative Costs – breakage
of 1.54% or $33,755 from where of 1.54% or $33,755 from where
we are this school yearwe are this school year
2008-2009 BUDGET2008-2009 BUDGET
BUDGET REDUCTIONSBUDGET REDUCTIONS
Utilities and Gas – the 2008- Utilities and Gas – the 2008-
2009 budget is less than our 2009 budget is less than our
actual usage in 2006 – 2007! actual usage in 2006 – 2007!
2008-2009 BUDGET2008-2009 BUDGET
BUDGET REDUCTIONSBUDGET REDUCTIONS
Special Education Transportation – Special Education Transportation –
Less than our actual costs in 2006-Less than our actual costs in 2006-
2007! (Bus route efficiencies)2007! (Bus route efficiencies)
2008-2009 BUDGET2008-2009 BUDGET
BUDGET REDUCTIONSBUDGET REDUCTIONS
Supplies – Reduced the budget between Supplies – Reduced the budget between
2006-07 to 2007-08 by $114,375. 2006-07 to 2007-08 by $114,375.
Proposing a further reduction of $16,700 for Proposing a further reduction of $16,700 for
the 2008-09 school year.the 2008-09 school year.
2008-2009 BUDGET2008-2009 BUDGET
BUDGET REDUCTIONSBUDGET REDUCTIONS
Shopping our health benefits plan – Shopping our health benefits plan –
Saved $125,000 last year which is Saved $125,000 last year which is
being put into the 2008-09 budget. being put into the 2008-09 budget.
RETIREE SAVINGSRETIREE SAVINGSas of January 10, 2008as of January 10, 2008EXISTING 2008-09 SALARY
REPLACEMENT SALARY
SICK PAYOUT
DIFFERENCE
$80,513 $49,950 $12,500 $18,063
$81,313 $49,950 $ 5,000 $26,363
$81,313 $50,450 $14,500 $16,363
$78,913 $50,540 $ $28,373
$87,861 $49,950 $ 7,500 $30,411
$82,252 $56,450 $ $25,802
$77,643 $46,500 $12,500 $18,643
Total Savings $164,018
2008-2009 BUDGET 2008-2009 BUDGET
REDUCING THE TAX REDUCING THE TAX IMPACT BY IMPACT BY
INCREASING REVENUEINCREASING REVENUE
2008-2009 BUDGET 2008-2009 BUDGET
REDUCING THE TAX IMPACT REDUCING THE TAX IMPACT
BY INCREASING REVENUEBY INCREASING REVENUE
Budgeted all Budgeted all
Extraordinary Aid Extraordinary Aid
2008-2009 BUDGET 2008-2009 BUDGET
REDUCING THE TAX IMPACT REDUCING THE TAX IMPACT
BY INCREASING REVENUEBY INCREASING REVENUE
Increased our tuition Increased our tuition income by 10.54%income by 10.54%
2008-2009 BUDGET 2008-2009 BUDGET
REDUCING THE TAX IMPACT REDUCING THE TAX IMPACT BY INCREASING REVENUEBY INCREASING REVENUE
Increased our interest Increased our interest income by 11% income by 11%
(Based on historical review)(Based on historical review)
2008-2009 BUDGET 2008-2009 BUDGET
REDUCING THE TAX IMPACT REDUCING THE TAX IMPACT BY INCREASING REVENUEBY INCREASING REVENUE
Increase our usage of Increase our usage of fund balance by 138%fund balance by 138%
(still within the 2% state guidelines)(still within the 2% state guidelines)
2008-2009 BUDGET 2008-2009 BUDGET
REDUCING THE TAX IMPACT REDUCING THE TAX IMPACT
BY INCREASING REVENUEBY INCREASING REVENUE
Total additional savings to Total additional savings to taxpayer: $244,592taxpayer: $244,592
2008-2009 BUDGET 2008-2009 BUDGET
BOTTOM LINEBOTTOM LINE
REVENUE INCREASESREVENUE INCREASES$ 244,592$ 244,592
SAVINGS OVER THIS YEARSAVINGS OVER THIS YEAR$ 283,373$ 283,373
2008-2009 BUDGET2008-2009 BUDGETRECOMMENDED REDUCTIONSRECOMMENDED REDUCTIONS
Educational Assistant Reduction (23%)Educational Assistant Reduction (23%) 98,25098,250
Substitute Teacher Reduction (10%)Substitute Teacher Reduction (10%) 21,94021,940
Supplies Decrease (3%)Supplies Decrease (3%) 16,70016,700
Athletic Program Reduction (5%)Athletic Program Reduction (5%) 28,65028,650
Extracurricular reduction (5%)Extracurricular reduction (5%) 16,80016,800
TOTAL REDUCTIONSTOTAL REDUCTIONS $182,340 $182,340
2008-2009 BUDGET2008-2009 BUDGET
BUDGET REDUCTIONS BUDGET REDUCTIONS AND ADDED INCOMEAND ADDED INCOME
TO DATETO DATE
$ 710,305$ 710,305
2008-2009 BUDGET PROPOSAL2008-2009 BUDGET PROPOSAL
REVENUE 2008-2009REVENUE 2008-2009State AidState Aid $ 1,610,445$ 1,610,445
Additional State AidAdditional State Aid $ 95,969$ 95,969
Local Tax LevyLocal Tax Levy $ 28,801,961$ 28,801,961
TuitionTuition $ 488,463$ 488,463
Unrestricted FundsUnrestricted Funds $ 155,000$ 155,000
Fund BalanceFund Balance $ 187,500$ 187,500
TotalsTotals $ 31,339,338$ 31,339,338
2008-2009 BUDGET PROPOSAL2008-2009 BUDGET PROPOSAL
APPROPRIATIONS 2008-2009APPROPRIATIONS 2008-2009
Faculty/Rep StaffFaculty/Rep Staff $ 18,171,805 $ 18,171,805
Admin/Non RepAdmin/Non Rep $ 2,159,600$ 2,159,600
Special Ed TuitionSpecial Ed Tuition $ 932,500$ 932,500
Medical/DentalMedical/Dental $ 5,376,920$ 5,376,920
OperationalOperational $ 4,698,513$ 4,698,513
TOTALSTOTALS $ 31,339,338$ 31,339,338
2008-2009 BUDGET PROPOSAL2008-2009 BUDGET PROPOSAL
COMPARISON REVENUE COMPARISON REVENUE
TO APPROPRIATIONSTO APPROPRIATIONSRevenueRevenue $31,339,338$31,339,338
AppropriationsAppropriations $31,339,338$31,339,338
DifferenceDifference $ 0.00$ 0.00
2008-2009 BUDGET PROPOSAL2008-2009 BUDGET PROPOSAL
TAX LEVYTAX LEVY
2007-2008 -- $1.32112007-2008 -- $1.3211
2008-2009 -- $1.35322008-2009 -- $1.3532
Increase of 2.43%Increase of 2.43%
THOUGHTSTHOUGHTS
This is a good budgetThis is a good budget
We have searched and added all We have searched and added all revenue sourcesrevenue sources
We have implemented cost savings We have implemented cost savings and budget reductions and budget reductions
THOUGHTSTHOUGHTS
PROVIDING A QUALITY PROVIDING A QUALITY EDUCATION AT A BELOW EDUCATION AT A BELOW
MARKET PRICEMARKET PRICE
TOP I AND J DISTRICTSTOP I AND J DISTRICTS
Rank District County DFGAdminCosts
7Northern Highlands Regional
(Allendale) Bergen J $1,603
5 Mountain Lakes Morris J $1,533
30 Voorhees (Lebanon Twp) Hunterdo
nI $1,532
23 Pascack Valley (Hillsdale) Bergen I $1,532
8 Pascack Hills (Montvale) Bergen I $1,523
16Northern Valley Regional
(Demarest) Bergen I $1,517
25Northern Valley Regional (Old
Tappan) Bergen I $1,517
2 Tenafly Bergen I $1,512
20 Summit Union I $1,489
10 Glen Ridge Essex I $1,488
6 Glen Rock Bergen J $1,482
14 Livingston Essex I $1,472
13 Princeton Mercer I $1,390
24 Ridgewood Bergen J $1,381
15 Cresskill Bergen I $1,369
STATE AVERAGE $1,348
17 Haddonfield Memorial Camden J $1,312
3 Millburn Essex J $1,303
22 Westfield Union I $1,275
12 Chatham Morris J $1,229
9 West Windsor–Plainsboro South Mercer J $1,198
18 West Windsor–Plainsboro North Middlesex
J $1,198
21Governor Livingston (Berkeley Heights)
Union I $1,141
4 Montgomery Somerset J $1,018
11 Ridge (Bernards Twp) Somerset J $898
19 Holmdel Monmouth
I $834
TOP I and J DISTRICTSTOP I and J DISTRICTSRank District County
DFG
Cost per Pupil
5 Mountain Lakes Morris J $17,654
8 Pascack Hills Bergen I $15,789
23 Pascack Valley Bergen I $15,789
13 Princeton Mercer I $15,112
7Northern
Highlands Regional
Bergen J $14,356
30 Voorhees Hunter I $14,256
16Northern Valley
RegionalBergen I $14,020
6 Glen Rock Bergen J $13,588
2 Tenafly Bergen I $13,529
3 Millburn Essex J $12,937
20 Summit Union I $12,851
14 Livingston Essex I $12,772
9 West Windsor Mercer J $12,153
Rank District CountyDF
GCost per Pupil
STATE AVERAGE
$12,150
24 Ridgewood Bergen J $12,133
21Governor
Livingston Union I $11,612
12 Chatham Morris J $11,585
19 Holmdel Monmouth I $11,484
10 Glen Ridge Essex I $11,438
17 Haddonfield Camden J $11,360
22 Westfield Union I $11,030
15 Cresskill Bergen I $11,024
11Ridge (Bernards
Twp) Somerset J $10,992
4 Montgomery Somerset J $10,071
LOCAL DISTRICTSLOCAL DISTRICTS
DistrictCost per Pupil
Collingswood $13,157
Lenape $12,773
Haddon Heights $12,413
State Average $12,150
Cherry Hill $11,947
Moorestown $11,448
Haddonfield $11,360
Haddon Township $11,291
QUESTIONS?QUESTIONS?