Caldwell-West Caldwell School District School Budget MAY 2, 2016

Transcription

1 Caldwell-West Caldwell Schl District Schl Budget PUBLIC HEARING MAY 2, 2016

2 Agenda fr Public Hearing The Objectives and Cntext f the Budget What is cntained in the Budget Highlights f the Budget Surces f Funding Expenditures by Type Impact n the Lcal Taxpayer Sme Interesting Facts Cst Cntainment & Revenue Generatin Impact n the Students

3 Objectives T apprise parents and members f the public f develpments cncerning the Schl Year Budget T prvide an pprtunity fr parents and cmmunity members t ask questins and give feedback abut the prpsed budget

4 Cntext: Budgetary Gals Maintain quality prgrams and apprpriate staffing levels Meet state and federal requirements, while exercising due diligence in the expenditure f public funds Cntinue facilities maintenance and imprvements Prvide students and staff with educatinally apprpriate technlgy

5 Cntext: Budget Cnsideratins Maintain existing prgrams at current level f service Cntinue updating curricula t cmply with the Cmmn Cre Standards Anticipate ut-f district special educatin placements Anticipate fixed cst increases Cntinue state initiative fr evaluatin & staff training Anticipate additinal csts assciated with PARCC testing Maintain basic facility upkeep and repairs, including health/safety maintenance, security, alarms, etc. Cntinue shared services and ther revenue generatin and cst cntainment initiatives

6 Cntext: Funding the Operating Budget Current NJ Schl Funding Law Tax levy increase limited t 2% Limited adjustments t cap spending (banked cap, enrllment grwth, health insurance and certain small pensin-related increases) Schl District Funding perating budget= $42,362, perating budget tax levy = $40,210,804 2% f tax levy = $804,216 Banked cap & waivers available = $626,312 Maximum allwable tax levy increase = $1,430,528 0r 3.56% perating budget tax levy increase = $1,407,384 r 3.50% $23,144 f unused banked cap expires in

7 What is cntained in the Budget? Maintain all current subject areas including special areas such as art, music, library science, and instrumental music Expansin f middle schl STEM prgram Maintain extracurricular club, athletic and arts prgrams Current level f Special Educatin services will be ffered including ut-f-district placements Cntinued emphasis n student academic grwth, requiring staff develpment thrugh training and wrkshps Remval f capital imprvement prjects frm the perating budget, since they are funded thrugh a bnd issue

8 Surces f Funding Revenue Descriptin $ Change % Change Lcal Tax Levy 40,210,804 41,618,188 1,407, % Budgeted Fund Balance 451, ,000 (151,178) (33.51%) State Aid 1,213,340 1,424, , % Miscellaneus Revenue* 161, ,505 5, % Ttal Withdrawals Frm Cap Reserve Medicaid Reimbursement 20,129 24,154 4, % Prir Year Encumbrances 304,976 0 (304,976) (100.00%) Ttal Operating Budget 42,362,398 43,534,108 1,171, % Grants and Entitlements 1,364, ,977 (464,804) (34.06%) Debt Service Tax Levy 1,365,293 1,942, , % State Debt Service Aid 398, , , % Debt Service Fund Balance, Interest 71,907 19,950 (51,957) (72.26%) Ttal Repayment f Debt 1,835,624 2,828, , % TOTAL REVENUE/SOURCES 45,562,803 47,262,264 1,699, % * Tuitin, rental f facility, athletics, play, dance receipts, bank interest, misc.

9 Surces f Funding Surces f Revenue Ttal State Aid 4.90% Grants 1.91% Other 0.25% Lcal Tax Levy 92.94%

10 Expenditures by Type The schl budget is cmprised f the fllwing categries: Expenditures Budget Descriptin $ Change % Change % f Ttal Regular Instructin 1 12,749,152 13,062, , % 27.7% Benefits 7,105,917 7,501, , % 15.9% Special Ed Instructin & Related 2 5,552,924 5,642,541 89, % 11.9% Out-f-District Tuitin & Services 3,711,682 4,288, , % 9.1% Facilities / Maintenance / Custdial 4,302,966 4,178,326 (124,640) -2.9% 8.8% Administratin 3 2,958,926 2,949,201 (9,725) -0.3% 6.2% Debt Service 1,835,624 2,808, , % 5.9% Supprt Services 4 1,993,345 1,871,540 (121,805) -6.1% 4.0% Transprtatin 1,447,283 1,608, , % 3.4% C-Curricular / Athletics 1,153,642 1,159,586 5, % 2.5% Special Revenue / Grants 1,364, ,977 (158,827) -34.1% 1.9% Technlgy 5 726, ,130 48, % 1.6% Curriculum / Staff Develpment 395, ,006 3, % 0.8% Rec / Cntinuing Ed / Use f Facilities 76,725 76, % 0.2% Capital Outlay 196,936 5,677 (191,259) (97.1%) 0.0% 1 includes Instructinal Technlgy 3 Schl Admin, General Admin, Business Office 2 Special Ed, Basic, ESL, Speech, PT, OT, CST 4 Library, Guidance, Nursing, Attendance 5 Technlgy Infrastructure, Sftware & Supprt

11 Expenditures by Type Operating Budget Out-f-District Tuitin & Services 11% Transprtatin Facilities 2% 5% Everything Else 10% Salaries 54% Benefits 17%

12 Impact n the Lcal Taxpayer The perating budget tax increase is apprximately: $187 fr the average hme in the district* fr the schl year Between $14 and $15 per mnth, n average Actual tax bills will differ frm these estimates since schl taxes are split acrss tax bills frm tw calendar years Impact n Hmewners Budget Budget Annual $ change % change Operating budget schl taxes n the average hme* $5,336 $5,523 $ % *Weighted average f average hme prices: Year Caldwell West Caldwell 2015 $ 420,708 $ 434, $ 414,918 $ 435,600

13 Sme Interesting Facts: Tax Levy Grwth Rate Operating Budget Tax Levy Year $ Amunt $ Change ,921, ,939,862 18, ,712,440 (227,422) ,446, , ,851,019 1,404, ,210,804 1,359, ,618,188 1,407,384 Cumulative Change: $ 4,696,936 The cmpunded annual grwth rate f the tax levy averages a mdest 2.02%* frm t Recent increases due t banked cap were t catch up frm cuts f previus years * Frmula: $ 36,921,252 in x (1.0202) 6 $ 41,618,188

14 Sme Interesting Facts: Emplyee Cntributins t Health Benefits Emplyee Cntributins t Health Benefits (estimated)* Year $ Cntributin , , , , , ,211, ,250,000 Cumulative Cntributin: $ 4,505,958 Cmpunded annual grwth rate f the perating budget has been a mdest 2.52%** since Budgets have been carried by increases in emplyee cntributins t health care frm $0 t ver $1.2 millin annually ver the past 6 years With health cntributins leveling ff at an average f 20% f health csts, districts are finding truble finding new revenue **Frmula: $38,996,691 in x (1.0223) 5 $43,534,108 in 16-17

15 Cst Cntainment Measures Cperative Purchasing: Instructinal/nn-instructinal materials and supplies and services purchased thrugh State cntacts and the Ed-Data, Middlesex Cunty and Hunterdn Cunty cperatives Special Educatin partnership with the Essex Reginal Educatinal Services Cmmissin Member f Sussex Cunty Reginal Cperative fr ut-f district placements and athletic transprtatin Natural Gas and Electrical prvided thrugh the NJ Schl Bards / ACES cperative Fuel purchased thrugh the Twnship f West Caldwell Shared Services: Agreement with municipalities fr use f heavy machinery, recycling, use f facilities and plice cverage fr recreatinal purpses Jint lawn cutting bid and cntract with the Twnship f West Caldwell Partnership with Brugh f Caldwell fr Sustainability Learning Center Prfessinal Develpment: Agreement with 3 neighbring districts (Millburn, Mrristwn, Westfield) fr staff develpment Partnership with Irvingtn fr Future Ready NJ technlgy grant Insurance Cverage and Benefits: Member 0f Schl Alliance Insurance Fund (SAIF) fr liability, wrkers cmp, prperty cverage Health benefits thrugh Schl Emplyees Health Benefits Plans (SEHBP), a self-funded plan run by the state

16 Revenue Generatin Initiatives Website Advertising Have received advertising revenue n the district s website fr several years Bank Interest Changing banks increased interest frm zer t 0.30% n mst accunts, and 0.50% n bnd referendum funds Ttal interest between $40,000 and $50,000 in Field Advertising Upn culminatin f field renvatins, will slicit dnatins fr displaying signage at Bnnel Field Demand Respnse Abut $12,000 in revenue frm EnerNOC, a demand respnse firm, fr sharing ur electrical utilities capacity in cases f emergency, and fr several hurs ne day each August fr testing

17 Revenue Generatin Initiatives: Cmpetitive Grants State/Federal Grants Descriptin $ Amunt Achievement Caches Prfessinal develpment $40,500 Imprvement in Instructinal Services Elementary & Secndary Schl Cunselrs Sustainable Jersey Future Ready New Jersey Safe Rutes t Schl (applying) Varius crprate/fundatin grants (BASF, Nvartis, Special Olympics, thers ) Prfessinal develpment $114,306 On-site cunselrs in cnjunctin with The Bridge $253,000 Jint effrt with Brugh f Caldwell t create a Sustainable Learning Center Partnership with Irvingtn BOE fr technlgy prfessinal develpment & devices Refurbish sidewalks Mainly middle schl and high schl science & technlgy $10,000+ $93,000 Several hundred thusand Tens f thusands Lcal Grants Descriptin $ Amunt CWC Educatin Fundatin Varius supplies, equipment and prgrams, particularly chrmebks fr GCMS $100,000+ CWC Hme Schl Assciatins Varius supplies, equipment and prgrams Tens f thusands Kiwanis / Rtary Steelcase desks / GCMS STEM Tens f thusands Bster Clubs Supprt f athletics and music prgrams Thusands Varius individuals Science, theater, music, extracurricular, etc. Thusands

18 Sme Interesting Facts: Cmparative Spending Snapsht Taxpayers' Guide t Educatin Spending 2016 Budgetary Cst Per Pupil District Cunty Rank (Lw t High) Belleville $11,336 $19,107 $10,868 $11,218 $11,540 1 Blmfield $11,848 $12,321 $12,803 $12,802 $13,108 2 Verna $12,272 $12,527 $13,084 $13,043 $13,131 3 Nutley $12,389 $12,909 $13,479 $13,980 $13,702 4 Caldwell-West Caldwell $12,988 $13,484 $13,801 $13,868 $14,290 5 Glen Ridge $12,917 $13,177 $13,887 $14,377 $14,583 6 Cedar Grve $13,376 $13,229 $13,713 $14,280 $14,626 7 Suth Orange-Maplewd $14,344 $14,397 $14,418 $14,432 $14,642 8 Livingstn $13,948 $14,464 $14,791 $14,852 $15,282 9 Mntclair $14,440 $14,965 $15,298 $15,627 $15, Millburn $13,857 $14,458 $15,329 $15,439 $15, Newark $18,231 $17,296 $16,403 $17,318 $15, Orange $15,442 $16,129 $15,782 $15,962 $15, Irvingtn $15,944 $16,273 $16,825 $16,589 $16, Rseland $13,706 $16,475 $15,176 $16,408 $16, Fairfield $14,039 $15,093 $15,003 $16,082 $16, Nrth Caldwell $14,254 $15,262 $16,497 $17,144 $16, West Orange $15,981 $16,380 $16,660 $17,472 $17, West Essex $16,730 $16,626 $17,404 $17,945 $18, Essex C Vc-Tech $16,817 $16,250 $18,175 $18,023 $18, East Orange $19,129 $19,740 $17,922 $19,691 $19, Essex Fells $18,560 $18,874 $19,769 $20,733 $20, th lwest perating budget per pupil f 22 district in the cunty budget at $14, State Average: Over $16,000 fr 571 districts Over $15,000 fr 221 K-12 districts

19 Sme Interesting Facts: Cmparative Spending Snapsht Taxpayers' Guide t Educatin Spending 2016 Administrative Cst Per Pupil District Cunty Rank (Lw t High) Irvingtn $1,615 $1,502 $1,431 $1,378 $1,377 1 Mntclair $1,251 $1,366 $1,265 $1,441 $1,382 2 Millburn $1,351 $1,400 $1,483 $1,515 $1,499 3 Belleville $1,439 $2,553 $1,358 $1,556 $1,543 4 Suth Orange-Maplewd $1,465 $1,557 $1,574 $1,557 $1,550 5 Verna $1,512 $1,557 $1,505 $1,601 $1,600 6 Caldwell-West Caldwell $1,565 $1,654 $1,663 $1,624 $1,657 7 Livingstn $1,626 $1,627 $1,633 $1,645 $1,644 8 Rseland $1,447 $1,940 $1,649 $1,682 $1,670 9 Blmfield $1,558 $1,629 $1,736 $1,704 $1, Nutley $1,512 $1,570 $1,697 $1,727 $1, Newark $1,757 $1,963 $1,936 $2,052 $1, East Orange $1,783 $1,848 $1,670 $1,835 $1, Fairfield $1,566 $1,719 $1,767 $1,862 $1, West Orange $1,580 $1,665 $1,810 $1,919 $1, Cedar Grve $1,635 $1,841 $1,956 $2,001 $1, Orange $1,935 $2,108 $1,978 $2,090 $2, Nrth Caldwell $1,662 $1,722 $2,033 $2,156 $2, Essex Fells $1,904 $2,108 $2,035 $2,182 $2, Glen Ridge $1,788 $1,851 $2,015 $2,096 $2, West Essex $1,846 $1,861 $2,035 $2,139 $2, Essex C V-Tech $3,008 $2,750 $2,891 $3,369 $3, th lwest admin spending per pupil f 22 district in cunty (8 th last year) Budgeted t be $1,657 in If nt fr an increase in technlgy infrastructure spending cnsidered administrative it wuld have decreased

20 Impact n the Students The Caldwell-West Caldwell schl budget is the financial plan t accmplish educatinal bjectives: Students cntinue t enjy learning in a safe, clean, and high perfrming District Students benefit frm a wide range f extracurricular pprtunities in the arts, athletics, and academics Restructuring f technlgy department has allwed the District t upgrade and maintain the infrastructure and educatinal hardware, delivering reliable supprt The elementary schl music prgram will cntinue t fster an appreciatin f the fine arts in ur district at a yung age. After schl clubs will cntinue t be encuraged We will cntinue t prvide small grup instructin fr the enrichment prgram, basic skills prgram and the special educatin prgrams

21 Lking Beynd Cntinue t evaluate the allcatin f spacing in ur buildings Cntinue t negtiate stable cntracts with bargaining units Prvide nging prfessinal develpment and curriculum develpment Onging investment in technlgy infrastructure, devices, training and supprt Cntinue t mnitr ut-f-district placements, explre mre prgrams t keep children in-district fr as lng as pssible Cntinue t implement shared services with the twns and ther schl districts Analyze health care claims experience regularly t capture savings, if pssible

22 Thank Yu! It is n secret that CWC students receive utstanding and balanced pprtunities t d well in ur schls-even during a time when schl budgets are in the news The Bard f Educatin has built a budget that speaks t the cntinuing needs f ur students. Thank yu fr yur dedicatin and service t the children f the cmmunity: Marie Lanfrank, President Thmas Adams, Vice-President Daniel Cipletti Jhn King Chris D Ambla Thank yu t the district administratrs, directrs and staff wh wrked cperatively t develp this budget plan in alignment with the district s educatinal prgrams.