budget development time line september 2011budget data collection begins december 2011 – march 1,...
TRANSCRIPT
Budget Development Time Line
September 2011 Budget data collection begins
December 2011 – March 1, 2012
CSA, BA, & BOE Finance Committee develops budget based on 2% CAP
February 21, 2012 Governor Budget Address to NJ Legislature
February 23, 2012 State Aid Figures Released
March 6, 2012 BOE approves tentative budget
March 27, 2012 Formal hearing on 2012-2013 budget
…Highly Efficient
Per Pupil Spending: Of 27 K-8 Districts in Bergen, River Vale has the 7th lowest per pupil cost!
Administrative Costs: River Vale is below regional administrative costs ($1,944 vs. $1,945)
Cost Efficiencies/Sharing Services: The River Vale Public School District is a leader in the area
of shared services by participating: – with other local public school districts for Special Education services, transportation, staff
development and training, etc.;– in a cooperative gas purchasing program through the Township of River Vale;– in a lease with the Township to have all district fields maintained by the Township;– in Bergen County Banking Consortium to secure favorable interest rates;– in Northeast School Board Insurance Group to secure best rates.
(See the district website for additional shared services)
Certificate of Excellence in Financial Reporting: Nine consecutive years!
Facility and Technology Upgrades 2011-2012
Holdrum Middle School• Repaired 140 screens• Painted ceilings and walls in room 76 and 78• New clock system installed• Principal’s office painted
Roberge Annex• New shingled roof• Renovated three second floor bathrooms making them accessible for
the disabled• Renovated Board Conference Room
Roberge Elementary School• New gym roof and relocation of unsightly duct work• New clock system installed• Repaired 121 screens
Facility and Technology Upgrades 2011-2012 con’t
Woodside Elementary SchoolWoodside Elementary School
• Relocated two preschool program classrooms from Roberge Annex
•Replaced 135 screens
•Installed new clock system
•Painted approximately 2/3 of hallways
Budgeted Revenue
2011-2012 2012-2013
Budgeted Fund Balance 255,377 253,341
General Local Tax Levy 18,917,367 19,291,931
Tuition 20,000 20,000
Miscellaneous 89,913 114,900
Jobs Ed Funding 21,495 0
State Aid (*) 186,101 440,455
Federal Grants 286,311 287,375
Debt Service Local Tax Levy 964,550 966,850
TOTAL 20,741,114 21,374,852
*SDA Debt Assessment $50,531
Advertised Appropriations
BUDGET CATEGORY
2011-12
BUDGET
2012-13 PROPOSED
BUDGET%
INC/(DEC)
Instruction $8,660,424 $8,718,766 1%
Co-Curricular/Athletic Activities
$ 100,002 $ 103,961 4%
Special Education Tuition. $ 910,763 $1,005,467 10%
Support Services $1,886,197 $2,300,032 22%
Administration $5,369,312 $5,376,016 0%
Operations and Maintenance of Plant
$1,915,456 $1,902,174 -1%
Advertised Appropriations (Continued)
BUDGET CATEGORY
2011-12
BUDGET
2012-13
PROPOSED
BUDGET
%
INC/(DEC)
Student Transportation $ 534,280 $ 532,680 0%
Capital Outlay (*) $ 113,819 $ 181,531 59%
Special Revenue $ 286,311 $ 287,375 0%
Debt Services $ 964,550 $ 966,850 0%
GRAND TOTAL $20,741,852 $21,374,852 3.06%
* Includes mandated SDA Assessment of $50,531 in 2012-2013