HARDING TOWNSHIP SCHOOL DISTRICT

HARDING TOWNSHIP SCHOOL DISTRICT
Public Hearing on the Budget 2014-2015 Dr. Alex Anemone, Superintendent Dr. Dennis Frohnapfel, Interim Business Administrator May 5, 2014

BOARD OF EDUCATION
Mr. Dev Modi- President Mr. John Flynn - Vice President Mr. Jim Novotny Mrs. Kim Macaulay Mr. Davor Gjivoje

Budget Process and Timeline Fall 2013 – Administrative meetings Fall 2013 – Budget guidelines crafted 12/2/13 – Preliminary budget presentation I 1/20/14 – Preliminary budget presentation II 2/25/14 – Gov. Christie budget address 2/27/14 – State aid figures released 3/3/14 – Tentative budget presentation 3/7/14 – Tentative budget submitted to ECS. 5/5/14 – Public hearing on the budget 7/1/14 – Budget year begins

Public Hearing on the Budget Moved from late March to late April/early May, per NJDOE regulations. Presentation includes: Budget highlights Revenue history Tax levy impact Detailed revenues and expenses Budget preview (2015-2018)

2014-2015 BUDGET
Maintains conservative fiscal practices. Provides financial resources that support our district goal. Strong focus on core academic mission while maintaining emphasis on social-emotional learning, co-curricular activities, technology integration as well as capital needs. When actual financial figures are not available, estimates are used. (HTEA, MPS, OOD, etc.)

Budget Highlights
Total budget = +1.90% Tax levy increase of +2.60% Includes banked cap of $54,523 Maintains staffing configuration (two sections per grade) and all co-curricular activities. Administrative costs: Regional limit = $2,035 per pupil HTS = $1,620 per pupil

Budget Highlights (cont’d)
Measures of Academic Progress: grades 2-8. Otis Lennon School Ability Test: grade 3. Technology upgrades including new computers in LMC lab and multiple classrooms. (PARCC readiness) Math in Focus (Singapore Math) - grades K-5. Money budgeted for staff professional development and curriculum writing. Unfunded mandates such as Achieve NJ, TEACH-NJ, ABR, Janet’s Law, PARCC, CCSS.

REVENUE HISTORY
State Aid 2009-2010 $364,473 2010-2011 $0 2011-2012 $181,191 2012-2013 $225,137 2013-2014 $225,137 2014-2015 $233,677 Tax Levy 1997-2011 (average) 6.01% increase 2011-2012 1.96% increase 2012-2013 1.78% increase 2013-2014 1.50% increase 2014-2015 2.60% increase

REVENUE HISTORYTax Levy % Increase

REVENUE HISTORYState Aid

Categorical State Aid

Harding--District 27

Capital Projects
Elementary School Windows and Unit-Ventilators. Under the ROD (Regular Operating District) Grant, the State will pay for 40% of this project. The BOE local share is 60%. (summer 2014) Additional security measures (tbd).

2014-2015 Budget

Budget Efficiencies
Budgeted fund balance of $274,561. This represents an increase of $99,671 or 56.99%. Slight increase in Categorical State Aid +$8,540. High quality Integrated Pre-K Program (ongoing). Legislated increases in staff members paying for health benefit premiums (Tier IV - up to 35% of premium). Continued shared services with Harding Township. Supply accounts. Tuition students (PK-8) included.

Revenues

Expenses – Fund 11

Expenses - Funds 11, 12, 20, 40

Tax Information

HTS EXCELS
2013 NJASK Highlights: Median SGP ELA = 58 Median SGP Math = 59 14 “Perfect 300” scores on the NJASK Math! Middle School Band and Chorus both judged “Superior” at the High Note Music Festival. TSA competing in state events. Second place in statewide Go Green competition! Quest Program First place in Brain Bowl competition for grades three and four! Partnership with United Way and College of St. Elizabeth for three-year Culture and Climate Initiative.

AND WILL CONTINUE TO EXCEL…
Continued emphasis on small class size and personalized learning. Technology and data rich environment complemented with cutting edge pedagogical strategies. Broad spectrum of co-curricular activities, including sports and clubs.

Budget Vote and Election
In 2012, Gov. Christie signed legislation that eliminated the need for a public vote on the school budget if the budget remains at or below the two percent tax levy cap, including use of banked cap. On February 13, 2012, the Harding Township BOE adopted a resolution to move the annual school election from April to November beginning in 2012. Since the proposed 2014-2015 HTS budget is within the cap (including banked cap) it will not be on the ballot in November.

Budget Preview 2015-2018 Review/preview of banked cap Review of fund 11 expenses (2010-2015) Three year budget projections Review of budgeted fund balance (2010-2015)

Banked Cap

Fund 11

Three Year Budget Projection

Three Year Budget Projection Gap =$304,029 Gap =$189,468

Budgeted Fund Balance

Budgeted Fund Balance + State Aid

HARDING TOWNSHIP SCHOOL DISTRICT