2012 - 2013 Budget Presentation

1. Greenwich Township
School District
Proposed Budget
2012-2013
Public Hearing: March 29, 2012

2. Agenda
This presentation provides an  Superintendent’s Comments
overview of our financial expectations  Budget Goals
for the 2012-2013 school year.
 Total Budget
The intention of this budget is to  2011-2012 vs. 2012-2013
provide curriculum and instruction
which will enable all students to  Revenues
achieve the Core Curriculum  Expenditures
Standards and implement the
proposed planning process as  2012-2013 State Aid
Summary
described in the District’s Annual
Report.  Local Tax Levy Analysis
 Ratables
 Budget Highlights for 2012-
2013
 Cost Saving Measures
Proposed Budget Overview 2012-
2013

3. 2012-2013 Budget Goals
• Continued emphasis on curriculum and instruction toward enhancing student
achievement. The District will continue purchases to maintain the current level
of classroom supplies.
• Continued emphasis on the use of technology toward enhancing student
achievement. The proposed budget includes plans to maintain educational
programs and maintaining current technology.
• Continued emphasis on staff development toward enhancing student
achievement and state mandated teacher evaluations. Full day sessions for
staff development are planned for 2012-2013 in both areas.
• Continued emphasis on providing a safe and secure learning environment
toward enhancing student achievement. The district has continued to make a
commitment in the amounts budgeted in maintenance for both buildings.
Proposed Budget Overview 2012-
2013

4. 2012-2013 Total Budget
General Fund: $11,382,481
Special Revenue
Funds:
FEDERAL: No Child Left Behind
(NCLB) Title I Part A, Title II
$ 245,334
Part A, & IDEA Part B Basic &
Preschool
STATE: Nonpublic Entitlements
(Textbooks, Basic Skills,
$ 102,578
Speech, and Nursing)
Total Special
Revenue: $ 351,570
TOTAL BUDGET $11,734,051
Proposed Budget Overview 2012-
2013

5. 2011-2012 vs. 2012-2013
2011-2012 Budget
$11,768,238
vs.
2012-2013 Budget
$11,382,481
DECREASE of $385,757
or 3.4%
Proposed Budget Overview 2012-
2013

6. 2012-2013 Revenues
Tax Levy: $ 9,447,453 83.0%
State Aid: $ 1,091,720 9.6%
Budgeted Fund
Balance: $ 556,050 4.9%
Other
Revenues: $ 287,258 2.5%
General Fund
Budget: $ 11,382,481 100%
Proposed Budget Overview 2012-
2013

7. 2012-2013 Revenues:
Where the money comes from.
Other Revenues
Fund Balance 2.5%
4.9%
State Aid
9.6%
Tax Levy
83%
Proposed Budget Overview 2012-
2013

8. 2012-2013 Expenditures
• Instructional Cost $5,571,726 48.9%
• Employee Benefits $2,338,938 20.6%
• Maintenance/Operation $1,117,902 9.8%
• Support Costs $1,065,678 9.4%
• Transportation $ 640,145 5.6%
• Administrative/Business $ 625,583 5.5%
• Capital Outlay $ 22,509 .20%
GENERAL FUND BUDGET $11,382,481 100%
Proposed Budget Overview 2012-
2013

9. 2012-2013 Expenditures:
How the money is spent.
5.6%
0% Instruction
9.4% .2% Benefits
Maint/Op
5.5%
Admin/Bus
9.8% 48.9%
Support
Transport.
Food Service
20.6%
Cap. Outlay
Proposed Budget Overview 2012-
2013

10. 2012-2013 STATE AID SUMMARY
Amount Dollar Change
from 2011-2012
• Adjustment Aid $410,113 -$102,528
• Special Education Categorical Aid $335,298 $14,490
• Transportation Aid $268,032 -$1,374
• Security Aid $ 78,277 $745
• OVERALL CHANGE IN AID -$88,667
Proposed Budget Overview 2012-
2013

11. Historical Trend of Tax Impact
School Year Total Tax Rate School Tax Rate % of Total Tax Assessed Value
2012-13 ? 1.660 ? $569,096,803
2011-12 3.785 1.504 39.7% $655,710,713
2010-11 3.882 1.555 40.1% $615,888,016
2009-10 3.705 1.465 39.5% $628,876,796
2008-09 3.436 1.366 39.8% $648,346,517
2007-08 3.488 1.385 39.7% $615,649,387
2006-07 3.292 1.310 39.8% $635,671,589
2005-06 3.326 1.373 41.3% $588,372,774
2004-05 3.03 1.325 43.7% $593,340,061
2003-04 2.87 1.22 42.5% $622,504,474
2002-03 2.72 1.13 41.5% $619,191,146

12. Your 2011 General Tax Breakdown
Tax %
Rate
County .864 22.83%
Co. Library .071 1.88%
County
Local
Open Space .069 1.82% Library
Open Sp.
Dist. School 1.504 39.74% School
Local 1.277 33.73%
Total $3.785 100%
Proposed Budget Overview 2012-
2013

13. Proposed Budget Overview 2012-
2013

14. As of 2011, the Greenwich
Twp. School District HAS
THE FIFTH LOWEST
school tax rate in the
county!
Proposed Budget Overview 2012-
2013

15. School Tax Calculation
TOWNSHIP OF GREENWICH
SCHEDULE OF LOCAL TAXES REQUIRED TO SUPPORT SCHOOL DISTRICT BUDGET
TAXES RAISED ON A CALENDAR YEAR BASIS
Proposed 2011/12 2010/11
2012/13 School Budget School Budget
School Budget Local Local
Local Tax Levy:
General Fund 9,447,453.00 9,965,605.00 9,770,201.00
Debt Service Fund - - -
Township Adjustments - - -
Total Local Tax Levy 9,447,453.00 9,965,605.00 9,770,201.00
50% of Local Tax Levy 4,723,726.50 A 4,982,802.50 B 4,885,100.50
2012 2011 Increase/
Tax Levy Tax Levy (Decrease)
50% from Prior Year Local School Budget 4,982,802.50 B 4,885,100.50 C
50% from Current Year Local School Budget 4,723,726.50 A 4,982,802.50 B
Local Taxes to Be Raised for School Purposes 9,706,529.00 9,867,903.00
Net Valuation Taxable 569,096,803.00 655,710,713.00
Tax Rate per $100 Assessed Valuation 1.706 1.505 0.201
Recap of 2012 Proposed Tax Rate :
50% from 2011/12 School Budget 0.876
50% from 2012/13 Proposed School Budget 0.830
Tax Rate per $100 Assessed Valuation 1.706
Tax Rate per $100 Assessed Valuation -
(school year) 1.660 1.520 0.140

16. LOCAL TAX LEVY
2000-2001 Tax Levy $6,530,557
2001-2002 Tax Levy $6,607,888
2002-2003 Tax Levy $7,342,932
2003-2004 Tax Levy $7,851,103
2004-2005 Tax Levy $7,873,033
2005-2006 Tax Levy $8,287,803
2006-2007 Tax Levy $8,376,849
2007-2008 Tax Levy $8,685,673
2008- 2009 Tax Levy $9,033,100
2009-2010 Tax Levy $9,394,424
2010-2011 Tax Levy $9,770,201
2011-2012 Tax Levy $9,965,605
2012-2013 Tax Levy $9,447,453
Average Increase $243,075

17. RATABLES
2003-2004 Assessed Value $622,504,474
2004-2005 Assessed Value $593,340,061
2005-2006 Assessed Value $588,372,774
2006-2007 Assessed Value $635,671,589
2007-2008 Assessed Value $615,649,387
2008-2009 Assessed Value $648,346,517
2009-2010 Assessed Value $628,876,796
2010-2011 Assessed Value $615,888,016
2011-2012 Assessed Value $655,710,713
2012-2013 Assessed Value $569,096,803
For 2012-2013, a penny is equal to: $56,910

18. RATABLES
(CONTINUED)
• If ratables remained the same as in 2011, the
overall impact would be a 7.90 cent decrease.
($1.520 to $1.441)
• With the decrease in ratables of $86,613,910 the
overall impact is an INCREASE of 14.0 cents.
($1.520 to $1.660). The tax increase of 14.0 cents
is for the 2012-2013 school year.
Proposed Budget Overview 2012-
2013

19. Budget Highlights 2012-2013
• Maintain Full Day Kindergarten.
• Maintain class size within State recommended levels in grades
kindergarten through eight as per NJQSAC.
• Maintain academic and after school club activities.
• Maintain district-wide technology capabilities.
• Emphasis on curriculum and instruction through purchases and staff
development.
• Medical plan increase of 14%.
• Rx plan increase of 15%.
• Dental plan increase of 5%.
• Increase on Property/Liability insurance.
• 100% PERS obligation estimated in the amount of $165,167.
• Increases in special education tuition and associated costs.
• Continue to provide courtesy bussing.
• Continue to provide maintenance in both buildings above what is
required as per N.J.A.C. 6:24.
• Energy cost increases to operate both buildings.
Proposed Budget Overview 2012-
2013

20. District Wide Cost Savings Measures
• Township provides at no cost: water/sewer, trash removal and recycling services
and are continually pursuing additional shared services.
• The school district and the municipality have shared-service agreement for
diesel and gasoline for all district vehicles along with electrician services.
• Greenwich Twp. School District takes part in the following consortiums to
achieve significant savings for the district:
– Electricity and Natural Gas- ACES Program
– Purchasing of Xerox paper through Pittsgrove Consortium
– Telecommunications-ACT Program
– Federal E-rate telecommunications
– Jointures on transportation with Gateway.
– Services provided to Paulsboro, East Greenwich, Mantua, and South
Harrison Twp. for special education students.
• The district participates in shared programs with GCSSSD:
– Non-public grant administration programs for textbooks, and nursing
services.
– Occupational and physical therapy services.
– Transportation for GCIT and special education students.
Proposed Budget Overview 2012-
2013

21. Annual School Election
April 17, 2012
4:00 p.m. - 9:00 p.m.
Broad Street Elementary School
Gymnasium