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Harding Township School District Public Hearing on the Budget 2019-2020

Harding Township School District Public Hearing on the Budget 2019-2020. Matthew A. Spelker, Superintendent Mark Kenney, Business Administrator May 6, 2019. Board of Education. Davor Gjivoje – President John Flynn – Vice President Kim Macaulay Abi Singh * Richard Bruno *

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Harding Township School District Public Hearing on the Budget 2019-2020

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  1. Harding Township School DistrictPublic Hearing on the Budget2019-2020 Matthew A. Spelker, Superintendent Mark Kenney, Business Administrator May 6, 2019

  2. Board of Education • Davor Gjivoje – President • John Flynn – Vice President • Kim Macaulay • Abi Singh* • Richard Bruno* * Members – Facilities and Finance Committee

  3. Public Hearing on the Budget • The Public Hearing on the Budget is an annual presentation required by NJDOE. • This Public Hearing was advertised by the district in the April 21st edition of the Daily Record. • Tonight’s presentation includes: • Budget highlights • Revenues • Expenses • Tax levy impact

  4. Budget Highlights • A fiscally conservative budget • Meets all 19/20 budget guidelines. • Maintains staffing configuration, co-curricular activities, and small class size. • Low administrative costs • Budgets money for professional development and curriculum writing.

  5. Budget Highlights • Money has been budgeted for facility maintenance and planning for capital projects- Security upgrades, maintenance, HVAC for elementary building, STEM/Library renovation • Provides adequate financial resources for yet-to-be named 19/20 district goals. • This budget allows for HTS to maintain its position as one of the premier PK-8 public school districts in New Jersey.

  6. Budget Timeline and Process

  7. Revenue-Local Tax Levy

  8. Local Tax Levy

  9. Categorical State Aid

  10. Categorical State Aid

  11. State Aid – Total Budget

  12. Banked Cap

  13. Detailed Revenues

  14. Expenses – Operating Budget

  15. Expenses – Funds 11,12,10,20,40

  16. Budget Vote and Election • In 2012, Gov. Christie signed legislation that eliminated the need for the public to vote on the school budget if it remains at or below the 2% tax levy cap, including specific exemptions such as banked cap, enrollment adjustment, or the health benefits waiver. • On 2/13/12, the Harding BOE adopted a resolution to move the annual school election to November. • Since the 19/20 budget is below the cap, it will not be on the ballot in November. The public will vote for BOE members in the general election on Tuesday, November 5, 2019.

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