Transcript Slide 1
Somerdale Board of Education School Budget 2015-2016
Dr. Dennis M. Vespe, Superintendent Ms. Melissa Engelhardt, Business Administrator Mr. James Walsh, Somerdale BOE President Mr. Colm Fidgeon , Finance Chairperson
Budget Notables:
TAX LEVY = $4,315,328
EXTRA ORDINARY EXPENSES 2009 Bond Payment (taxpayer portion) – $205,122 Outside Special Education placement and related services – $248,190 Facility Upgrades (Phone System/Lockers/LED) – $103,683 (LED $29,518 for 5 yrs.) POSITIVES Received $5,859 of additional state aid 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.
Continued maintenance and custodial shared services with the municipality to maintain fiscal responsibility.
SUMMARY On the average assessed home of $138,105 there will be a $46.62 tax increase for the year ($3.89 / month) Adding a full time basic skills teacher, Expanding Art to full time All sports programs and clubs have been maintained
Curricular Programs and Instruction
2015 - 16 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 10/15/14 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 30* 0* 61* 51 61 45 52 67 55 55 54 Total (30)^ 531* *Pre-School and Kindergarten Registrations Currently Underway. ^Sections dependent upon enrollment
Curricular Programs and Instruction Continued
Adding a full time basic skills position with the focus on Math/ELL Start differentiated instruction initiative with “class works software” Maintain all curricular “specials” with expanding art to full time Grades PK-8 have one to one student – tablet ratio Begin our Community/Parent educational sessions Upgrade of Technology both classroom instruction and infrastructure for the entire campus – The PARK is PARCC ready - Utilizing campus with the private sector
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- Enhanced Website > Interactive forms > Pod Casting, Instructional links/ Video Lessons, On-line curriculum Phase II of district’s TV studio/video technology initiative
Continue to expand our Wilson Reading Certified Staff
Continuation of PSD Extended Year Program & the Fundations / Wilson Summer School Reading Program.
Extra Curricular Activities
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All Clubs and Sports programs have been maintained
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Sports for all seasons offered
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Year 3 for the Camden County Elementary League
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Over 16 clubs offered
Facility
Entire campus is wireless -Entire campus is air conditioned - LED project 90% complete - Summer Gym Painting - Begin the computerization of Boilers, HVAC, and other fixtures - Continue to replace/upgrade and computerize the security cameras both inside and outside the building in conjunction with the door access system -Begin the process for upgrading the phone system (VOIP) -Continue to work with the Municipality to use shared services
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Maintenance and IT shared services
Somerdale School District 2015-2016 Budget Facts Figures Revenues Expenditures
Where does the money come from
?
GO Cavs
GO Cavs
2015-2016 Budget Revenue $8,078,105
Local Tax Levy
Fund Balance;
School Choice $4,315,328 $272,550 State Aid
$261,417; 3%
Fund Balance $261,417 Misc.
Grants $6,300 $232,636 53.42% 3.37% 37.01% 3.24% 0.08% 2.88%
Misc.; $6,300; 0%
$8,078,105 100.00%
Grants; $232,636; 3% State Aid; $2,989,874; 37% Local Tax Levy; $4,315,328; 54% School Choice; $272,550; 3%
Where does all the money go?
2015-2016 Budget Expenditures
Instruction Athletics & Extra Curricular Activities Student Related Support Services School & General Administration Technology Building Operations & Maintenance Student Transportation Employee Benefits Capital Outlay Grant Fund Expenditures Debt Service
$8,078,105
$ 2,535,157 $ 92,991 31.4% 1.2% $ 654,098 8.1% $ $ $ 866,325 563,881 119,589 10.7% 7.0% 1.5% $ $ 742,047 $ 1,668,103 $ $ $ 88,944 85,334 362,129 299,507 9.2% 1.1% 20.6% 1.1% 4.5% 3.7%
Expenditures Debt Service; $299,507 ; 4% Instruction; $2,535,157 ; 31%
Total
Building Operations & Maintenance; $742,047 ; 9%
$ 8,078,105
Technology; $119,589 ; 1% School & General Administration; $563,881 ; 7%
100.0%
Student Related Support Services; $866,325 ; 11% General Support Services; $654,098 ; 8% Athletics & Extra Curricular Activities; $92,991 ; 1%
TAX SPREADSHEET BASED ON HOMES VALUED IN SOMERDALE
2015
Home Value 78,105 88,105 98,105 108,105 118,105 128,105 138,105 148,105 158,105 168,105 178,105 188,105 198,105 208,105 218,105 228,105 278,105 328,105 378,105 428,105 478,105 Total 1,054.72
1,189.76
1,324.80
1,459.83
1,594.87
1,729.91
1,864.95
1,999.99
2,135.03
2,270.07
2,405.10
2,540.14
2,675.18
2,810.22
2,945.26
3,080.30
3,755.49
4,430.68
5,105.88
5,781.07
6,456.26
2014
Home Value 78,105 88,105 98,105 108,105 118,105 128,105 138,105 148,105 158,105 168,105 178,105 188,105 198,105 208,105 218,105 228,105 278,105 328,105 378,105 428,105 478,105 Total 1,028.35
1,160.01
1,291.68
1,423.34
1,555.00
1,686.67
1,818.33
1,949.99
2,081.65
2,213.32
2,344.98
2,476.64
2,608.30
2,739.97
2,871.63
3,003.29
3,661.61
4,319.92
4,978.23
5,636.55
6,294.86
Increase 26.37
29.74
33.12
36.49
39.87
43.25
46.62
Average Residential Assessment 50.00
53.37
56.75
60.13
63.50
66.88
70.25
73.63
77.00
93.88
110.76
127.64
144.52
161.40