Transcript Document
Presented by: William Toole, Board Vice President Joseph Jones, Superintendent Kara Huber, Business Administrator Budget Calendar August 2012 – Board met to discuss budgetary goals October 2012 – Business Administrator met with district Budget managers to advise them of budgetary goals October - November 2012 – Budget Managers compiled area budgets and met with Superintendent and Business Administrator December 2012- January 2013 – District wide budget was compiled February 2013 – Superintendent and Business Administrator met to review budget requests. Also, met with Board Business Operations Committee to review different state aid scenarios. March 2013- After state aid numbers were received and reviewed, Business Operations Committee met one last time to finalize proposed budget to the entire Board of Education. March 6, 2013 - Board of Education approves for submission to the County Education Office for approval. March 21, 2013 – Board of Education received approval of proposed budget March 27, 2013 – Public Presentation of the 2013-14 Budget and Board of Education takes final vote whether to approve budget as is or to make changes to the budget. Summary Operating Fund tax levy and Debt Service tax levy changes offset each other for 2013-14 which means no additional local tax dollars are being raised. Existing programs are maintained in the 2013-14 budget. An increase of two elementary BSI teaching positions by 0.2 FTE each and one new teaching position at Jr.-Sr. High Facility Project budget is decreased from $500,000 to $270,000 in the 2013-14 budget (plan to restore normal funding in the 14-15 budget). Jr.-Sr. High School will be undergoing a roof replacement funded through Capital Reserve. Revenues Revenue Sources Fund Balance Tax Levy Miscellaneous Income (Tuition, Interest) State Aid (SFRA-Formula) State Aid (School Choice) State Aid (Medicaid reimbursement) State Aid (Extraordinary Aid) Link to User Friendly Budget State Aid for Operating Budget School Funding Reform Act (SFRA) formula – Student weighting formula has been negatively altered by the NJDOE for the second year in a row. This has arbitrarily decreased the district’s Adequacy Budget. Nonetheless, Woodbury City is once again underfunded. For the 2013-14 school year, the district is shorted $3.5 million in state aid, even when using the lesser statedetermined weights. State Aid for Operating Budget $16,000,000 $15,000,000 $15,319,556 $15,319,556 $15,344,248 $14,821,467 $14,386,252 $14,261,911 $14,000,000 $13,000,000 $11,930,033 $12,000,000 $11,851,261 $11,612,660 $11,432,822 $11,235,066 $10,770,826 $11,000,000 $10,000,000 2008-09 2009-10 2010-11 Aid Before Cap Link to State Aid Notice 2011-12 Actual State Aid 2012-13 2013-14 State Aid for Operating Budget State Aid increases by 2.4% for the 2013-14 school year. Includes new Inter-district Public School Choice aid of $41,796 Future increases in enrollment for Woodbury’s program should result in more state aid in future years. School Development Authority (SDA) assessment is $50k higher than the 12-13 year. This is an added expense that negates some of the above increase in state aid. Overall Tax Levy 2012-13 General & Debt Tax Levy – 11,929,829. 2013-14 General & Debt Tax Levy – 11,929,684 0% change in tax levy Appropriations Appropriation (Budget) Categories Salaries Benefits Instructional Costs (supplies, etc) Facility (maintenance, Insurance, energy, renovations) Technology (Network, replacement cycles, email, supplies) Co-Curricular and Athletics Alternative School Program Summer School Programs After School tutoring programs Link to User Friendly Budget Federal Grant Aid Impact It is unclear exactly how the projected decrease in Federal Aid for NCLB and IDEIA will impact the school district. The District has budgeted some items typically paid for with these funds into the general fund budget in order to protect necessary programs supported through federal dollars. The District typically receives the allocation notices in June or July for these funds. Preschool Program Funding increased by $95,848 Allows for the continuation of the existing full-day preschool classroom Allows for an additional full-day preschool classroom 2013-14 Preschool Program will consist of 2 Full-Day classrooms 2 Half-Day classrooms Outside Shared Services Technology Consultant for the City of Woodbury Occupational Therapy, Evaluation & Research Coordinator Ed Data – Joint Purchasing of school supplies Cooperative Energy (electricity) Purchasing Special Education programming Select transportation routes shared through Gateway and Special Services Insurance pool participation Gas purchases through the City of Woodbury Inside “Shared Services” Walnut Principal AND Director of Special Services Evergreen Principal AND Supervisor of Elementary Curriculum and Instruction (PK – 5) West End Principal AND NCLB Grant Coordinator Athletic Director, Activity Coordinator AND Transportation Coordinator Supervisor of Alternative Program AND High School Teacher User Friendly Budget More detailed information regarding the 2013-14 budget can be found on the front page of the district’s website. Link to User Friendly Budget Thank you!