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PENNSAUKEN SCHOOL DISTRICT

PENNSAUKEN SCHOOL DISTRICT. 2008 - 2009 BUDGET PRESENTATION March 27, 2008. Significant Changes in State Funding Formula for 2008-2009. School Funding Reform Act (SFRA) of 2008 Previous funding formula, CEIFA, has not been used since 2002, resulting in five years of flat state funding.

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PENNSAUKEN SCHOOL DISTRICT

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  1. PENNSAUKEN SCHOOL DISTRICT 2008 - 2009 BUDGET PRESENTATION March 27, 2008

  2. Significant Changes in State Funding Formula for 2008-2009 School Funding Reform Act (SFRA) of 2008 Previous funding formula, CEIFA, has not been used since 2002, resulting in five years of flat state funding. State funding for education increases $532 million. All school districts receive a state aid increase of at least 2% during the first year, and no decreases in state aid during the first three years of the program. State aid per regular ed. pupil is as follows: $ 9,649 – Elementary $10,035 – Middle $11,289 – High

  3. How Does the SFRA of 2008 Affect Pennsauken Public Schools? State aid increase for 2008-2009 is 20%. 2008-2009 State Aid (Operating Budget) - $46,421,713 2007-2008 State Aid (Operating Budget) - $38,684,761 Total Increase in Aid - $ 7,736,952

  4. Economic Conditions

  5. Comparative Spending Guide • Compared with 104 districts in the same category (K-12, 3501+ students), Pennsauken ranked: - 32nd lowest in total cost per pupil - 13.0 student/teacher ratio • Current cost per pupil of $11,414 is below the state average of $ 12,806

  6. Basic Budget Facts • State Aid increased by $7,736,952 in the Operating Fund and by $40,104 in the Debt Service Fund • Projected 2.0% Fund Balance of $1,461,465 as permitted under NJ Administrative Code. • Zero dollar increase in the Tax Levy. • Increasing Special Education Out of District Costs

  7. More Facts • Increasing Instructional Costs • Increasing Insurance Costs • Increased Energy, Fuel, Salary and Benefit costs • Uses Alternative Funding Sources Such As E-Rate Reimbursement, Land Rentals and Interest Income To Meet District Needs

  8. Budget Recommendations • Present a Budget with Modest Increases to Cover Anticipated Contractual Commitments • Implement Recommendations from CAPA Report (Collaborative Assessment for Planning & Achievement) • Utilize $7,483,820 in Fund Balance (Surplus) in the General Fund • Utilize Carryover Funds from Early Childhood (ECPA), Demonstrably Effective (DEPA) Program Aid and Targeted At-Risk Aid (TARA) Grants • Meet Demands Of the Core Curriculum Content Standards

  9. District Revenue

  10. How We Utilize Your Funds • Instruction$41,706,265 46.44% • Includes: • Regular Instruction • Special Education Instruction • Basic Skills/Remedial Instruction • Tuition to Other Districts • Other Instruction • Summer School

  11. How We Utilize Your Funds • Student/Instructional Support Services$7,679,783 8.55% • Includes: • Attendance and Health • Guidance • Child Study Team • Instructional Improvement • Library/Media • Other Instructional/Student Services

  12. How We Utilize Your Funds • Total District and School Administration$ 6,338,414 7.06% • Operation/Maintenance of Plant $ 8,807,448 9.81% • Transportation $ 4,383,587 4.98% • Capital Outlay $ 3,176,400 3.54% • Transfer to Charter Schools $ 977,618 1.09% • Athletics/Co-curricular Activities $ 912,601 1.02% • Business & Other Support Services $ 15,826,455 17.62% Includes: Health Benefits, • Workers Compensation, Pension & Social Security

  13. What’s new in the 08-09 Budget? • (2) Regular education elementary teachers • (1) Special education elementary teacher • (2) Special education intermediate school teachers to assist in inclusion classrooms • (2) Special education middle school teachers to assist in inclusion classrooms • (2) Special education high school teachers to assist in inclusion classrooms • (1) Social worker to assist the growing special education population • (1) Additional nurse at the high school • (1) Additional mathematics instructional coach for the elementary program • (1) Mathematics instructional coach for the high school • (1) Language arts instructional coach for the high school • (1) Special education instructional coach for the high school • (1) Director of Curriculum

  14. What’s new in the 08-09 Budget? • Boiler replacement at the high school • Replacement of bleachers at the middle school • New playground equipment at Baldwin school • Installation of air conditioning in cafeteria at the middle school • Security camera systems at the high school, middle school and intermediate school • Portable bleachers at the middle school • Telephone system replacement at the middle school and administration building • Equipment purchases: Football sled, musical instruments for the high school and middle school, aerator for field maintenance

  15. Budget at a Glance Pennsauken Total Budget – All Funds • 2007-2008 Proposed Budget $ 98,464,604 • 2006-2007 Revised Budget $ 86,704,301 • Budget Increase $ 11,760,303 • 2008-2009 Proposed Tax Rate $ 2.220 • 2007-2008 Tax Rate $ 2.220 • Increase $ 0.000

  16. What This Means to You Based on a Home Assessed at $100,000 • (Average Home Assessment in Pennsauken is $ 89,900) • 2008-2009 Proposed Tax Levy $36,471,407 $ 2,220.00 • 2007-2008 Tax Levy $36,471,407 $ 2,220.00

  17. Where and when can I vote? SCHOOL ELECTION APRIL 15, 2008 Polls open from 2:00 p.m. to 9:00 p.m. • Delair School - Election Districts 9, 14 • Homestead Youth Building – Election Districts 8, 10, 21 • Temple Lutheran Church – Election Districts 5, 11, 13 • Pennsauken Intermediate School – Election Districts 6, 17 • Longfellow Elementary School – Election Districts 12, 15, 19 • Burling Elementary School – Election Districts 16, 20 • Pennsauken Library - Election Districts 1, 7 • Baldwin Elementary School – Election District 2 • Franklin Elementary School – Election Districts 3, 18, 23 • Carson Elementary School – Election District 4 • Cooper River Building East – Election District 22

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