Somerdale Board of Education School Budget 2015-2016

Dr. Dennis M. Vespe, Superintendent

Ms. Melissa Engelhardt, Business AdministratorMr. James Walsh, Somerdale BOE President

Mr. Colm Fidgeon , Finance Chairperson

Budget Notables:Budget Notables: TAX LEVY = $4,315,328TAX LEVY = $4,315,328

EXTRA ORDINARY EXPENSESEXTRA ORDINARY EXPENSES2009 Bond Payment (taxpayer portion) – $205,1222009 Bond Payment (taxpayer portion) – $205,122Outside Special Education placement and related services – $248,190Outside Special Education placement and related services – $248,190Facility Upgrades (Phone System/Lockers/LED) – $103,683 (LED $29,518 for 5 yrs.)Facility Upgrades (Phone System/Lockers/LED) – $103,683 (LED $29,518 for 5 yrs.)

SUMMARYSUMMARYOn the average assessed home of $138,105 there will be a $46.62 tax increase for the year On the average assessed home of $138,105 there will be a $46.62 tax increase for the year ($3.89 / month)($3.89 / month)Adding a full time basic skills teacher, Expanding Art to full timeAdding a full time basic skills teacher, Expanding Art to full timeAll sports programs and clubs have been maintainedAll sports programs and clubs have been maintained

POSITIVESPOSITIVESReceived $5,859 of additional state aidReceived $5,859 of additional state aidUtilized $27,233 of our tax levy cap leaving $260,616 in banked cap for use in future years.Utilized $27,233 of our tax levy cap leaving $260,616 in banked cap for use in future years.This equates to .5% use of an allowable 2% tax levy.This equates to .5% use of an allowable 2% tax levy.Continued maintenance and custodial shared services with the municipality to maintain fiscal Continued maintenance and custodial shared services with the municipality to maintain fiscal responsibility.responsibility.

Curricular Programs and Instruction Curricular Programs and Instruction 2015 - 16 ENROLLMENT PROJECTIONS2015 - 16 ENROLLMENT PROJECTIONS

{{Does not include Retentions, Withdrawals, Home Bound, Home Schooled, or Out-of-District Students}Does not include Retentions, Withdrawals, Home Bound, Home Schooled, or Out-of-District Students}Total Enrollments include Special Ed and Choice StudentsTotal Enrollments include Special Ed and Choice Students

Student count based on 10/15/14 ASSA enrollment. Student count based on 10/15/14 ASSA enrollment.

GradeGrade # Classes# Classes EnrollmentEnrollmentPSPS (2)^(2)^ 30* 30* PSDPSD (1)^(1)^ 0*0*KK (3)^(3)^ 61*61*Gr. 1Gr. 1 (3)(3) 5151 Gr. 2Gr. 2 (3)(3) 6161Gr. 3Gr. 3 (3)(3) 4545Gr. 4Gr. 4 (3)(3) 52 52 Gr. 5Gr. 5 (3)(3) 6767 Gr. 6Gr. 6 (3)(3) 55 55 Gr. 7Gr. 7 (3)(3) 55 55 Gr. 8Gr. 8 (3)(3) 54 54

TotalTotal (30)^(30)^ 531*531*

*Pre-School and Kindergarten Registrations Currently Underway. *Pre-School and Kindergarten Registrations Currently Underway. ^Sections dependent upon enrollment ^Sections dependent upon enrollment

Adding a full time basic skills position with the focus on Math/ELLAdding a full time basic skills position with the focus on Math/ELL Start differentiated instruction initiative with “class works software”Start differentiated instruction initiative with “class works software” Maintain all curricular “specials” with expanding art to full timeMaintain all curricular “specials” with expanding art to full time Grades PK-8 have one to one student – tablet ratioGrades PK-8 have one to one student – tablet ratio Begin our Community/Parent educational sessionsBegin our Community/Parent educational sessions Upgrade of Technology both classroom instruction and infrastructure for the Upgrade of Technology both classroom instruction and infrastructure for the

entire campus – The PARK is PARCC readyentire campus – The PARK is PARCC ready

- Utilizing campus with the private sector- Utilizing campus with the private sector

- Enhanced Website- Enhanced Website >>Interactive formsInteractive forms

> > Pod Casting, Instructional links/ Video Lessons, On-line curriculumPod Casting, Instructional links/ Video Lessons, On-line curriculum- Phase II of district’s TV studio/video technology initiativePhase II of district’s TV studio/video technology initiative

Continue to expand our Wilson Reading Certified StaffContinue to expand our Wilson Reading Certified Staff Continuation of PSD Extended Year Program & the Fundations / Wilson Continuation of PSD Extended Year Program & the Fundations / Wilson Summer School Reading Program.Summer School Reading Program.

Curricular Programs and Instruction Continued Curricular Programs and Instruction Continued

Extra Curricular ActivitiesExtra Curricular Activities– All Clubs and Sports programs have been maintainedAll Clubs and Sports programs have been maintained

• Sports for all seasons offeredSports for all seasons offered– Year 3 for the Camden County Elementary League Year 3 for the Camden County Elementary League

• Over 16 clubs offeredOver 16 clubs offered

-- Entire campus is wireless Entire campus is wireless

-Entire campus is air conditioned-Entire campus is air conditioned - LED project 90% complete- LED project 90% complete - Summer Gym Painting- Summer Gym Painting

- Begin the computerization of Boilers, HVAC, and other fixtures- Begin the computerization of Boilers, HVAC, and other fixtures - Continue to replace/upgrade and computerize the security cameras both - Continue to replace/upgrade and computerize the security cameras both

inside and outside the building in conjunction with the door access systeminside and outside the building in conjunction with the door access system

-Begin the process for upgrading the phone system (VOIP)-Begin the process for upgrading the phone system (VOIP)-Continue to work with the Municipality to use shared services-Continue to work with the Municipality to use shared services

• Maintenance and IT shared servicesMaintenance and IT shared services

Facility Facility

Somerdale School District Somerdale School District 2015-2016 Budget2015-2016 Budget

FactsFacts

FiguresFigures

RevenuesRevenues

ExpendituresExpenditures

Where does the

money come from?

GO Cavs

GO Cavs

2015-2016 Budget Revenue

$8,078,105

Local Tax Levy $4,315,328 53.42%

School Choice $272,550 3.37%

State Aid $2,989,874 37.01%

Fund Balance $261,417 3.24%

Misc. $6,300 0.08%

Grants $232,636 2.88%

$8,078,105 100.00%

Local Tax Levy; $4,315,328; 54%

School Choice; $272,550; 3%

State Aid; $2,989,874; 37%

Fund Balance; $261,417; 3%

Misc.; $6,300; 0% Grants; $232,636; 3%

Where does all the money go?

2015-2016 Budget Expenditures

$8,078,105

Instruction 2,535,157$ 31.4%

Athletics & Extra Curricular Activities 92,991$ 1.2%

General Support Services 654,098$ 8.1%

Student Related Support Services 866,325$ 10.7%

School & General Administration 563,881$ 7.0%

Technology 119,589$ 1.5%

Building Operations & Maintenance 742,047$ 9.2%

Student Transportation 88,944$ 1.1%

Employee Benefits 1,668,103$ 20.6%

Capital Outlay 85,334$ 1.1%

Grant Fund Expenditures 362,129$ 4.5%

Debt Service 299,507$ 3.7%

Total 8,078,105$ 100.0%

Instruction; $2,535,157 ; 31%

Athletics & Extra Curricular Activities;

$92,991 ; 1%

General Support Services; $654,098 ; 8%

Student Related Support Services; $866,325 ; 11%

School & General Administration; $563,881 ;

7%

Technology; $119,589 ; 1%

Building Operations & Maintenance; $742,047 ;

9%

Student Transportation;

$88,944 ; 1%

Employee Benefits; $1,668,103 ; 21%

Capital Outlay; $85,334 ; 1%

Grant Fund Expenditures; $362,129 ; 5%

Debt Service; $299,507 ; 4%

Expenditures

TAX SPREADSHEET BASED ON HOMES VALUED IN SOMERDALE

2015 2014

Home Value Home Value Total Increase

78,105 1,054.72 78,105 1,028.35 26.3788,105 1,189.76 88,105 1,160.01 29.7498,105 1,324.80 98,105 1,291.68 33.12

108,105 1,459.83 108,105 1,423.34 36.49118,105 1,594.87 118,105 1,555.00 39.87128,105 1,729.91 128,105 1,686.67 43.25

138,105 1,864.95 138,105 1,818.33 46.62Average Residential

Assessment

148,105 1,999.99 148,105 1,949.99 50.00158,105 2,135.03 158,105 2,081.65 53.37168,105 2,270.07 168,105 2,213.32 56.75178,105 2,405.10 178,105 2,344.98 60.13188,105 2,540.14 188,105 2,476.64 63.50198,105 2,675.18 198,105 2,608.30 66.88208,105 2,810.22 208,105 2,739.97 70.25218,105 2,945.26 218,105 2,871.63 73.63228,105 3,080.30 228,105 3,003.29 77.00

278,105 3,755.49 278,105 3,661.61 93.88328,105 4,430.68 328,105 4,319.92 110.76378,105 5,105.88 378,105 4,978.23 127.64428,105 5,781.07 428,105 5,636.55 144.52478,105 6,456.26 478,105 6,294.86 161.40

Total

GO CAVS!

THANK YOU - AND AS ALWAYS