proposed budget 10 11

Greenwich Township School District

Proposed Budget2010-2011

Public Hearing: March 31, 2010

AgendaThis presentation provides an overview of our financial expectations for the 2010-2011 school year.

The intention of this budget is to provide curriculum and instruction which will enable all students to achieve the Core Curriculum Standards and implement the proposed planning process as described in the District’s Annual Report.

Superintendent’s Comments

Budget Goals

Total Budget

Revenues

Expenditures

2010-2011 State Aid Summary

2009-2010 vs. 2010-2011

Local Tax Levy Analysis

Ratables

Budget Highlights for 2010-2011

Cost Saving Measures

Proposed Budget Overview 2010-2011

Perfect Budget Storm II

• State and County Pressure

• Loss of Ratables

• Current Economy

• Bad News!

• Bad News!

• Bad News!

Proposed Budget Overview 2009-2010

STATE BUDGET DOLLARS FOR EDUCATION1. Hawaii 89.9%2. Vermont3. Arkansas4. New Mexico5. Minnesota6. Delaware7. Washington8. Michigan9. West Virginia10. North Carolina11. California12. Nevada13. Kentucky14. Kansas15. Alaska16. Idaho17. Alabama18. Wisconsin19. Oregon20. Oklahoma21. Utah22. Mississippi23. Indiana24. Montana25. Iowa

1. Hawaii 89.9%2. Vermont3. Arkansas4. New Mexico5. Minnesota6. Delaware7. Washington8. Michigan9. West Virginia10. North Carolina11. California12. Nevada13. Kentucky14. Kansas15. Alaska16. Idaho17. Alabama18. Wisconsin19. Oregon20. Oklahoma21. Utah22. Mississippi23. Indiana24. Montana25. Iowa

26. Arizona27. South Carolina28. Wyoming29. Georgia30. Massachusetts31. Missouri32. Tennessee33. New York34. Colorado35. Ohio36. Louisiana37. Maine38. New Jersey 41.3%39. Florida40. Rhode Island41. Virginia42. Maryland43. New Hampshire44. Connecticut45. North Dakota46. Pennsylvania47. Texas48. South Dakota49. Illinois50. Nebraska 31.5%

2010-2011 Budget Goals

• Continued emphasis on curriculum and instruction toward enhancing student achievement. The District has planned for the purchase of additional textbooks, maintaining the current level of classroom supplies, and continued technology purchases.

• Continued emphasis on the use of technology toward enhancing student achievement. The proposed budget includes plans to maintain educational programs and updating current technology.

• Continued emphasis on staff development toward enhancing student achievement. Five full day sessions for staff development are planned for 2010-2011.

• Continued emphasis on providing a safe and secure learning environment toward enhancing student achievement. The district has continued to make a commitment in the amounts budgeted in maintenance for both buildings.

2010-2011 Total Budget

General Fund: $11,477,152

Special Revenue Funds:

FEDERAL: No Child Left Behind (NCLB) Title I Part A, Title I I Part A & D , IDEA Part B Basic & Preschool

$ 229,299 STATE: Nonpublic Entitlements (Technology, Textbooks, Basic Skills, Speech, and Nu rsing)

$ 101,677 Total Special Revenue:

$ 330,976

TOTAL BUDGET $11,808,128

2010-2011 Revenues

Tax Levy: $ 9,770,201 85.1%

State Aid: $ 960,086 8.4% Budgeted Fund Balance: $ 529,754 4.6% Other Revenues: $ 217,111 1.9%

General Fund Budget: $ 11,477,152 100%

2010-2011 Revenues:Where the money comes from.

Fund Balance4.6%

Other Revenues1.9%

Tax Levy85.1%

State Aid8.4%

5 Year General Fund Revenue Analysis

200 6 -0 7 % Diff.

200 7 -0 8 % Diff.

20 08 -0 9 % Diff.

2 009 -1 0 % Diff.

2 01 0 -1 1

Ge ne ra l Fund:

$ 1 0 ,4 6 1 ,5 8 6 6 .3 2 % $ 1 1 ,1 2 3 ,2 0 3 3 .7 4 % $ 1 1 ,5 4 0 ,5 8 1 -4 .5 5 % $ 1 1 ,0 1 5 ,0 5 0 4 .2 % $ 1 1 ,4 7 7 ,1 5 2

Tax Le vy : $ 8 ,3 7 6 ,8 4 9 3 .6 8 % $ 8 ,6 8 5 ,6 7 3 4 .0 % $ 9 ,0 3 3 ,1 0 0 4 .0 % $ 9 , 3 9 4 ,4 2 4 4 .0 % $ 9 ,7 7 0 ,2 0 1

S ta te Aid: $ 1 ,4 2 0 ,6 7 5 4 .8 9 % $ 1 ,4 9 0 ,1 8 6 4 .1 % $ 1 ,5 5 2 ,2 2 4 -2 .5 5 % $ 1 ,5 1 2 ,6 4 8 -3 6 .5 % $ 9 6 0 ,0 8 6

Budge te d Fund

Ba la nc e :

$ 6 0 4 ,2 8 1 4 1 .1 6 % $ 8 5 3 ,0 3 4 2 .0 7 % $ 8 7 0 ,6 1 4 *% $ 0 *% $ 5 2 9 ,7 5 4

Othe r Re ve nue s :

$ 5 9 ,7 8 1 5 7 .7 5 % $ 9 4 ,3 1 0 -1 0 .2 5 % $ 8 4 ,6 4 3 2 7 .5 7 % $ 1 0 7 ,9 7 8 1 0 1 .6 % $ 2 1 7 ,1 1 1

2010-2011 Expenditures• Instructional Cost

• Employee Benefits

• Support Costs

• Maintenance/Operation

• Administrative/Business

• Transportation

• Food Service

• Capital Outlay

GENERAL FUND BUDGET

$5,887,249 51.3%

$2,071,158 18.0%

$1,242,401 10.8%

$ 973,298 8.5%

$ 624,145 5.4%

$ 574,113 5.0%

$ 84,027 .75%

$ 20,761 .25%

$11,477,152 100%

2010-2011 Expenditures:How the money is spent.

5%

10.8%

5.4%

8.5%

18%51.3%

.25%.75% Instruction

BenefitsMaint/OpAdmin/BusSupportTransport.Food ServiceCap. Outlay

2010-2011 STATE AID SUMMARYAmount Percent

Changefrom 2010-201

• Adjustment Aid $292,340 -199.9%

• Categorical Special Education Aid $320,808 0%

• Categorical Transportation Aid $269,406 +9.8%

• Categorical Security Aid $ 77,532 +15.4%

• OVERALL CHANGE IN AID -$ 552,562 -36.5%

2009-2010 vs. 2010-2011

2009-2010 Budget$11,015,050

vs.

2010-2011 Budget$11,477,152

INCREASE of $462,102or 4.2%

Historical Trend of Tax ImpactSchool Year

Total Tax Rate

School Tax Rate

% of Total Tax

Assessed Value

2010 -11 ? 1.556 ? $615,888,016

2009 -10 3.705 1.465 39.5% $628,876,796

2008 -09 3.436 1.366 39.8% $648,346,517

2007 -08 3.488 1.385 39.7% $615,649,387

2006 -07 3.292 1.310 39.8% $635 ,671,589

2005 -06 3.326 1.373 41.3% $588,372,774

2004 -05 3.03 1.325 43.7% $593,340,061

2003 -04 2.87 1.22 42.5% $622,504,474

2002 -03 2.72 1.13 41.5% $619,191,146

2001 -02 2.63 1.10 41.8% $600,017,073

Your 2009 General Tax Breakdown

Tax %Rate

County .874 23.58%

Co. Library .071 1.92%

Open Space .068 1.84%

Dist. School 1.465 39.54%

Local 1.227 33.12%

Total $3.705 100%

County

LibraryOpen Sp.

School

Local

As of 2009, the Greenwich Twp. School District HAS

THE FIFTH LOWEST* school tax rate in the

county!

2009 County Tax Rate Comparison(Sorted by lowest school tax rate to highest)

Municipality School Tax Rate Total Tax Rate % for Schools

Elk Newfield Wenonah Monroe Greenwich West Deptford Logan Twp. Paulsboro Deptford Franklin Twp. Harrison Twp. So. Harrison Twp. Woodbury Heights Clayton Glassboro East Greenwich Mantua Washington T wp. Westville Woolwich Twp . Pitman

1 .163 * 1 .182 * 1 .400 * 1 .405 * 1 .465 1 .880 1 . 928 1 .974 1 .990 2 .160 2 .348 2 .412 2 .434 2 .506 2 .539 2 .601 2 .663 2 .786 2 .807 2 .851 2 .8 93

2 .298 2 .251 2 .499 2 .675 3 .705 4 .133 3 .404 4 . 844 3 .963 4 .034 3 .843 3 .577 4 .523 4 .909 5 .245 4 .131 4 .808 4 .883 5 .330 4 . 746 5 . 228

50 .61 % 52 .51 % 56 .02 % 52 .52 % 39 .54 % 45 .49 % 56 .64 % 40 .75 % 50 .21 % 53 .54 % 61 .10% 67 .43% 53 .81 % 51 .03 % 48 .41 % 62 .96 % 55 .39 % 57 .05 % 52 .66% 60 .07 % 55 .34 %

2009 County Tax Rate Comparison(Continued)

Municipality School Tax Rate Total Tax Rate % for Schools

Woodbury Swedesboro National Park

2.981 3.159 3.323

6.287 6.149 5.898

51.37% 47.41% 56.34%

School Tax Bill Comparison between 2009 and 2010

School Year School Tax Levy Total 2008

School Tax Levy

2009-2010 $9,394,424 1/2 $4,697,212.00

2010-2011 $9,770,201 1/2 $4,885,100.50

$9,582,312.50

2010 Net Valuation Taxable = $615,888,016

2009 School Tax Rate = $1.4651

2010 Proposed School Tax Rate = $1.5558 +9.07 cents

LOCAL TAX LEVY2000-2001 Tax Levy

2001-2002 Tax Levy

2002-2003 Tax Levy

2003-2004 Tax Levy

2004-2005 Tax Levy

2005-2006 Tax Levy

2006-2007 Tax Levy

2007-2008 Tax Levy

2008- 2009 Tax Levy

2009-2010 Tax Levy

2010-2011 Tax Levy

Average Increase

$6,530,557

$6,607,888

$7,342,932

$7,851,103

$7,873,033

$8,287,803

$8,376,849

$8,685,673

$9,033,100

$9,394,424

$9,770,201

$294,513

RATABLES

2001-2002 Assessed Value










For 2010-2011, a penny is equal to:

$600,017,073

$619,191,146

$622,504,474

$593,340,061

$588,372,774

$635,671,589

$615,649,387

$648,346,517

$628,876,796

$615,888,016

$61,589

RATABLES(CONTINUED)

• If ratables remained the same as in 2009, the overall impact would be a 5.86 cent increase. ($1.4651 to $1.5237)

• With the decrease in ratables of $12,988,780 the overall impact is an increase of 9.07 cents. ($1.4651 to $1.5558). Last year there was a tax increase of 9.86 cents.

Budget Highlights 2010-2011

• Maintain Full Day Kindergarten.• Continue to provide field trip experiences to grades Pre-K to eight.• Maintain class size within State recommended levels in grades

kindergarten through eight as per NJQSAC.• Maintain all academic and extra-curricular activities.• Maintain district-wide technology capabilities.• Emphasis on curriculum and instruction through purchases and staff

development.• Rx plan increase of 15%.• No increase on Property/Liability insurance.• 100% PERS obligation estimated in the amount of $130,099.• Increases in special education tuition and associated costs.• First time tuition cost to GCIT of $2,000 per student ($170,000).• Increase of $2,526 per student ($11,495 to $14,021) to Paulsboro.• Continue to provide courtesy bussing.• Continue to provide maintenance in both buildings above what is

required as per N.J.A.C. 6:24. • Energy cost increases to operate both buildings.

District Wide Cost Savings Measures• Township provides at no cost: water/sewer, trash removal and recycling services

and are continually pursuing additional shared services.• The school district and the municipality have shared-service agreement for

diesel and gasoline for all district vehicles.• Greenwich Twp. School District takes part in the following consortiums to

achieve significant savings for the district:– Electricity and Natural Gas- ACES Program– Purchasing of Xerox paper through Pittsgrove Consortium– Telecommunications-ACT Program– Federal E-rate telecommunications– Member of the drug & alcohol testing consortium ran through Washington Twp. School

District. – Jointures on transportation with Paulsboro, East Greenwich, and Gateway.– Services provided to Paulsboro, East Greenwich, Mantua, and South Harrison Twp.

for special education students.• The district participates in shared programs with GCSSSD:

– Non-public grant administration programs for textbooks, technology, and nursing services.

– Occupational and physical therapy services. – Transportation for GCIT and special education students.

Annual School Election

April 20, 20104:00 p.m. - 9:00 p.m.

Nehaunsey Middle School Gymnasium