Transcript Slide 1
Somerdale Board of Education
School Budget 2014-2015
Dr. Dennis M. Vespe, Superintendent
Ms. Melissa Engelhardt, Business Administrator
Mr. James Walsh, Somerdale BOE President
Mr. Russel Dunnings , Finance Chairperson
Budget Notables:
TAX LEVY CAP = $4,289,163
EXTRA ORDINARY EXPENSES
Technology Initiative & Media Center Phase II – $197,616
New Reading Language Art Series - $94,294
Outside special education placement and related services – $187,991
Facility Upgrades (LED & HVAC panels) – $48,400 (LED cost $18,500 for 5 yrs.)
POSITIVES
Received $112,767 of additional state aids
Only utilized $4,082,973 of our tax levy cap leaving $370,380 in banked cap.
Continued maintenance and custodial shared services with the municipality to maintain fiscal
responsibility.
SUMMARY
On the average assessed home of $136,000 there will be a $100 tax increase for the year
Adding a full time PE teacher and two full time child study team members
All sports programs and clubs have been maintained
Facility and Technology upgrades
No program cuts
Curricular Programs and Instruction
2014 - 15 ENROLLMENT PROJECTIONS
{Does not include Retentions, Withdrawals, Home Bound, Home Schooled, or Out-of-District Students}
Total Enrollments include Special Ed and Choice Students
Student count based on 10/15/13 ASSA enrollment.
Grade
PS
PSD
K
Gr. 1
Gr. 2
Gr. 3
Gr. 4
Gr. 5
Gr. 6
Gr. 7
Gr. 8
# Classes
(2)^
(1)^
(3)^
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
Enrollment
29*
2*
52*
56
62
46
51
45
55
66
60
Total
(30)^
524*
*Pre-School and Kindergarten Registrations Currently Underway.
^Sections dependent upon enrollment
Curricular Programs and Instruction Continued
Move from Story town to Pearson Reading Streets ELA series grades K-5
Start the GRAD POINT differentiations instruction initiative with tablets
Maintain all curricular “specials” with expansion to some “specials” (TBD)
Grades 3-8 will have one to one student – tablet ratio
Upgrade of Technology both classroom instruction and infrastructure for the
entire campus
- Continue student tablet initiative
- Utilizing campus with the private sector
- Enhanced Website
>Interactive forms
> Pod Casting
>Instructional links
> Video Lessons
> On-line curriculum
- Phase II of district’s TV studio/video technology initiative
Curricular Programs and Instruction Continued
– Expand CST Services .
– Continue to expand our Wilson Reading Certified Staff
– Continuation of PSD Extended Year Program & the
Fundations / Wilson Summer School Reading Program.
Extra Curricular Activities
– All Sports programs have been maintained
• Year 2 for the Camden County Elementary League 2013-2014
– All Current clubs maintained
Facility
- Entire campus received a wireless upgrade
-Entire campus is air conditioned
-Continue to replacement/upgrade the security cameras both
inside and outside the building.
-Begin the process for upgrading the drainage system
-Continue to work with the Municipality to use shared services
• Maintenance and IT shared service
• Solar project
• LED Project
Somerdale School District
2014-2015 Budget
Facts
Figures
Revenues
Expenditures
Where does the
money come from?
GO Cavs
GO
Cavs
2014-2015 Budget Revenue
$7,961,824
Where does all the
money go?
2014-2015 Budget Expenditures
$7,961,824
Expenditure Breakdown
Instruction
School Sponsored Athletics/Extra Curriculum
Tuition Out
Support Services Student Related
General Administration
School Administration
Central Services
Technology
Operations & Maintenance
Student Transportation
Employee Benefits
Capital Outlay
Special Revenue
Debt Service
$3,205,132
$ 66,379
$ 128,038
$ 740,769
$ 316,311
$ 61,861
$ 154,566
$ 129,677
$ 611,279
$ 111,762
$1,658,337
$ 128,911
$ 341,495
$ 307,307
40.3%
0.8%
1.6%
9.3%
4.0%
0.8%
1.9%
1.6%
7.7%
1.4%
20.8%
1.6%
4.3%
3.9%
Totals
$7,961,824
100.0%
TAX SPREADSHEET BASED ON
HOMES VALUED IN SOMERDALE
2014
2013
Home Value
Total
Home Value
Total
Annual
Increase
Monthly
Increase
Weekly
Increase
(0.98)
76,103
1,002.00
98,836
1,052.84
(50.84)
(4.24)
86,103
1,133.66
108,836
1,159.36
(25.70)
(2.14)
96,103
1,265.32
118,836
1,265.88
(0.56)
(0.05)
(0.01)
106,103
1,396.99
128,836
1,372.41
24.58
2.05
0.47
116,103
1,528.65
138,836
1,478.93
49.72
4.14
0.96
126,103
1,660.31
148,836
1,585.45
74.86
6.24
1.44
136,103
1,791.97
158,836
1,691.97
100.00
8.33
1.92
146,103
1,923.64
168,836
1,798.50
125.14
10.43
156,103
2,055.30
178,836
1,905.02
150.28
12.52
166,103
2,186.96
188,836
2,011.54
175.42
14.62
176,103
2,318.62
198,836
2,118.07
200.56
16.71
186,103
2,450.29
208,836
2,224.59
225.70
18.81
196,103
2,581.95
218,836
2,331.11
250.84
20.90
206,103
2,713.61
228,836
2,437.64
275.98
23.00
216,103
2,845.28
238,836
2,544.16
301.12
25.09
226,103
2,976.94
248,836
2,650.68
326.26
27.19
(0.49)
2.41
2.89
3.37
3.86
4.34
4.82
5.31
5.79
6.27
Average Residential
Assessment
THANK YOU - AND AS ALWAYS
GO CAVS!