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Great Meadows Regional School District

The Great Meadows Regional School District has a history of providing a quality education at a cost significantly below comparable school districts. The district strives to continue to offer successful programs within the means of the proposed budget. Great Meadows Regional School District.

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Great Meadows Regional School District

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  1. The Great Meadows Regional School District has a history of providing a quality education at a cost significantly below comparable school districts. The district strives to continue to offer successful programs within the means of the proposed budget. Great Meadows Regional School District 2011-12 Budget Statement of Priorities

  2. Exceptional Educational Programs • QSAC Monitoring- All Categories 80% or Better – A High Functioning, Exceptional District • Record of Exceptional Standardized Test Scores • Offers Programs that Enhance a variety of talents: • Gifted and Talented Academics, Arts • Student Leadership: Student Council, TV Studio, Participants in National Young Junior Leadership Conference • Performing Arts: Hackettstown High School PROMINENTLY feature performers from Great Meadows • Comprehensive Music Programs • Authentic-Enhanced Learning: Elementary School Gardens (The Liberty School butterfly garden - certified National Wildlife Federation School Yard Habitat Site, NJ Wild School Yard Habitat, and an official Monarch Way Station) , Class Trips Focused Around Classroom Learning, Business-Partnerships (Watershed Ambassadors, Fire Safety and Wildlife speakers)

  3. Curriculum - Use of Multiple Computer Resources for Instruction and Assessment • Expand 21st Century Classrooms: SMARTBOARDs and ELMO document cameras in all buildings • Participation in Learnia Web-Based Assessment Grades 3-8 • Mobile Computing • Updated Curriculum • Use of PLC Model (Professional Learning Communities) to enhance staff participation and engagement

  4. Professional Development Initiatives • Support Professional Learning Communities • Seek Teacher Leaders for In-District Professional Development – PLC Team Leaders • Continue Differentiated Professional Development Opportunities – Technology • Expand OnCourse Lesson Planner and Grade Book – include teacher websites • Expand and Re-Design District Website for User Friendliness

  5. Revenue Distribution Great Meadows Regional

  6. Expense Distribution Great Meadows Regional School District

  7. Great Meadows Regional School District Proposed General Fund Budget Variances

  8. Great Meadows Regional School District 2012 Total Tax Levy Current Expense 12,119,619 Debt Service 530,267 Total School Tax $ 12,649,886 Current Expense Tax increase $ 237,640 2.0% Debt Service Tax Increase $ 35,052 7.0% Tax is Apportioned to the Townships based on enrollment: Liberty 38.1231672% Independence 61.8768328%

  9. Great Meadows Regional School District 2012 Liberty Tax Rate Property Tax Bill = Rate x Valuation/100 Current Expense 4,620,382.62 Debt Service 202,154.58 Liberty Tax 4,822,537.20 = $ 1.7672 x $272,890,715 /100 Current Expense Tax Increase $ 107,200 Debt Service Tax Increase $ 14,055.00 38.1231672 % of total

  10. 2012 Liberty Tax • Home valued in 10-11 at $ 300,000 • Taxes were $ 4,972.20 – tax rate of $1.6574 • Home still valued in 11-12 at $ 300,000 • Taxes would be $5,079.30– tax rate of $1.6931 • A Tax increase of $ 107.10 • Home valued in 10-11 at $ 400,000 • Taxes were $ 6,629.60 – tax rate of $1.6574 • Home still valued in 11-12 at $ 400,000 • Taxes would be $6,772.40 – tax rate of $1.6931 • A Tax increase of $ 142.80 **Exclusive of Debt Service

  11. Great Meadows Regional School District 2012 Independence Tax Rate Property Tax Bill = Rate x Valuation/100 Current Expense 7,499,236.38 Debt Service 328,112.42 Ind. Tax 7,827,348.80= 1.1224 x $ 697,400,147/100 Current Expense Tax increase $ 130,440.00 Debt Service Tax Increase $ 20,997.00 61.8768328 % 0f total

  12. 2012 Independence Tax • Home valued in 10-11 at $ 300,000 • Taxes were $ 3,170.10 – tax rate of 1.0567 • Home still valued in 11-12 at $ 300,000 • Taxes would be $ 3,225.90 – tax rate of 1.0753 • A Tax increase of $ 55.80 • Home valued in 10-11 at $ 400,000 • Taxes were $ 4,226.80– tax rate of 1.0567 • Home still valued in 11-12 at $ 400,000 • Taxes would be $ 4,301.20 – tax rate of 1.0753 • A Tax increase of $ 74.40 **Exclusive of Debt Service

  13. Great Meadows Regional School DistrictASSESSED VALUE(Net Tax Valuation) • Liberty Tax Rate 2011 - $1.657 / $100 • 2012 - $1.693 / $100 • Liberty’s Assessed Value is approx 83 % of Equalized (Market) Value. • Independence Tax Rate 2011 - $1.056 /$100 • 2012 - $1.075/$100 • Independence’s Assessed Value is approx 99% of Equalized (Market) Value. • Excludes Debt Service

  14. Great Meadows Regional School DistrictEQUALIZED VALUE • Liberty Tax Rate 2011 - $1.3116/ $100 • $ 329,057,861 2012 - $1.4041/ $100 • Independence Tax Rate 2011 - $1.0417 /$100 • $ 678,715,574 2012 - $1.1049 /$100 • Using Equalized Value – There is a $0.30/$100 difference between the two townships. • Excludes Debt Service

  15. $ GMRSD SUMMARY Per Pupil Cost Comparisons: 2009-10 Actual (latest Audited Figures) Chester Township 13,197 State Median K-8 13,097 State Average 12,811 Lopatcong 12,344 Clinton Township 12,273 GMRSD 11,631 From The NJ DOE Comparative Spending Guide. $ $

  16. Great Meadows Our District Schools

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