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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

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HARDING TOWNSHIP SCHOOL DISTRICT

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

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

  3. 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

  4. 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)

  5. 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.)

  6. 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

  7. 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.

  8. 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

  9. REVENUE HISTORYTax Levy % Increase

  10. REVENUE HISTORYState Aid

  11. Categorical State Aid

  12. Categorical State Aid

  13. Categorical State Aid

  14. Harding--District 27

  15. 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).

  16. 2014-2015 Budget

  17. 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.

  18. Revenues

  19. Expenses – Fund 11

  20. Expenses - Funds 11, 12, 20, 40

  21. Tax Information

  22. 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.

  23. 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.

  24. 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.

  25. 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)

  26. Banked Cap

  27. Fund 11

  28. Three Year Budget Projection

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

  30. Budgeted Fund Balance

  31. Budgeted Fund Balance + State Aid

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