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MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT PROPOSED SCHOOL BUDGET 2010-2011 Dr. Richard O’Malley Superintendent Mrs. Susan Irons Business Administrator EDUCATIONAL OBJECTIVES • COMMITMENT TO IMPROVE STUDENT ACHIEVEMENT • MAINTAIN ALL EXISTING INSTRUCTIONAL PROGRAMS • ATTRACT & RETAIN THE MOST QUALIFIED PERSONNEL • MAINTAIN CLASS SIZES AT OR BELOW STATE AVERAGE • PROVIDE A SAFE AND SECURE LEARNING ENVIRONMENT • COMMITMENT TO EFFICIENCY IN SCHOOL OPERATIONS • CONTINUE TO INFUSE TECHNOLOGY INTO THE INSTRUCTIONAL PROGRAMS • COMMITMENT TO FINANCIAL INTEGRITY EDUCATIONAL FINANCIAL HIGHLIGHTS OBJECTIVES •Tax levy at 2% or $876,037 •Operating budget DECREASED by 2.2% or $1,249,678 •Budget introduced is $1,818,351 less than 2009-2010 budget •State Aid Revenues DECREASED by $1,710,066 or 13% •Increases to fixed cost are included for: Salaries, Insurance & Tuition •Comparative costs per pupil are lowest in four years •Administrative costs are lowest in three years and well below state and regional legal limits ENROLLMENT 3889 3914 3911 3873 3859 3839 3809 20042005 20052006 20062007 20072008 20082009 20092010 20102011 ADMINISTRATIVE COSTS SCHOOL YEAR TOTAL ADMINISTRATIVE COSTS REGIONAL LIMITS 2007-2008 $1,410 2008-2009 $1,476 $1, 663 2009-2010 $1,505 $1,719 2010-2011 $1,451 $1,747 HOW SCHOOL TAX IS DETERMINED Total Budget $61,000,934 (Less Special Revenue & Debt Service) $ 3,828,976 Total General Fund Budget $57,171,958 Less Anticipated Revenues: -State Aid (13% reduction) $11, 636,339 -Miscellaneous $ 289,000 -Budgeted Fund Balance $ ? PROPOSED GENERAL FUND TAX LEVY $44,677,896 The proposed 2010-2011 tax levy is a 2% increase over last year’s levy. TAX LEVY CAP 2009-2010 Current Tax Levy $43,801,859 PRPOSED 2010-2011 2% General Fund tax levy cap Increase of $876,037 $44,677,896 2010-2011 Permitted tax levy (4%) $45,797,537 This is a 2% increase in the tax levy from the 2009-2010 school budget. PER PUPIL COSTS SCHOOL YEAR COST PER PUPIL 2007-2008 $12,849 2008-2009 $13,124 2009-2010 $13,239 2010-2011 $12,823 WHAT WAS REDUCED • $2,751,480 Salaries (Loss of 37 jobs) 32 layoffs 5 retirements not replaced • $32,708 Salaries (Loss of 1 Lunch Aide per school) • $500,000 Privatize custodial staff (Loss of 36 jobs/Savings of $700,000 in second year) TOTAL loss of jobs in District 78 Employees TOTAL REDUCTIONS • • • • • • • • • • • • • • • • • $773,681 Health benefits waiver (2 months) $200,000 ARRA funds $111,860 Technology $200,000 Emergency Reserve $100,000 Retirement breakage $32,270 Stipends for clubs and athletics $55,000 Bus $30,000 Tuition $50,000 Work Study Program $40,000 Curriculum Writing $25,000 Overtime $123,200 Supplies/Misc expenditures $61,185 Workshops $62,500 CST services/supplies $25,000 NWEA (NCLB) $50,800 Summer School $40,000 Elimination of RTI $5,264,684 WHAT IS INCLUDED •SPECIAL EDUCATION PROGRAMS •FULL DAY KINDERGARTEN •ACADEMIES •HS/MS PRODUCTIONS •TUTORIALS •TECHNOLOGY (Prom. Boards, replacement computers) •ABERDEEN POLICE RESOURCE OFFICER •TEXTBOOKS •TRANSPORTATION/LATE BUSSES •ATHLETIC/CLUBS/INTRAMURAL PROGRAMS TAX LEVY HISTORY YEAR TAX LEVY % TAX INCREASE DEBT SERVICE TAX LEVY % DEBT SERVICE TAX LEVY 2000-2001 206,317 0.7% 123,032 22.7% 2001-2002 1,367,193 4.6% (97,987) (14.7%) 2002-2003 2,146,243 6.9% 8,158 1.4% 2003-2004 2,854,038 8.6% 1,765,461 307% TOTAL 6,573,791 22% 1,798,664 332% 2004-2005 2,481,807 7% 89,266 4% 2005-2006 1,583,647 4% (203,868) (8%) 2006-2007 2,298,779 6% 201,608 9% 2007-2008 1,055,548 2.5% 323 .01% TOTAL 7,419,781 21% 87,329 3.7% 2000-2008 13,993,572 48% 1,885,993 348% Cumulative Total 2.3% 2008-2009 376,629 .9% 51,337 2% 2009-2010 (24,740) (.06%) (6,980) (.3%) 2010-2011 (anticipated) 876,037 2% (135,713) (5.6%) TOTAL 1,227,926 2.8% (91,356) (3.85) TAX IMPACT ABERDEEN TOWNSHIP Projected Tax Increase MATAWAN BOROUGH Projected Tax Increase House assessed at $282,355 would pay $19.77 more per year or $1.48 a month or $0.05 a day House assessed at $347,473 would pay $52.38 more per year or $4.37 a month or $0.15 a day 2010-2011 BUDGET TIMELINE February 22, 2010 March 1, 2010 March 1, 2010 March 8, 2010 March 10, 2010 March 16, 2010 March 18, 2010 March 22, 2010 April 20, 2010 Board of Education begin to finalize 2010-2011 budget Meet with MC Executive County Superintendent to review preliminary budget Nominating petitions filed for school board seats COW (Action) Submit preliminary budget to County Drawing of names for school board candidates Governor Christie’s Budget Message State Aid numbers are released Public Hearing on 2010-2011 school budget (Action) School board/budget election (1:00 p.m.-9:00 p.m.) Matawan-Aberdeen Public Education: ►Good for Matawan-Aberdeen’s children ►Good for Matawan-Aberdeen’s property owners ►Good for Matawan-Aberdeen! Remember to vote on th April 20 !