EVESHAM TOWNSHIP SCHOOL DISTRICT Preliminary Budget Presentation

Transcription

1 EVESHAM TOWNSHIP SCHOOL DISTRICT Preliminary Budget Presentation February 23, 2017

2 Budget Goals & Priorities Maintain/enhance ALL instructional programs (core subjects, related arts, specialized programs) Continue sustainable initiatives Adjust staff positions for enrollment and program enhancement Maintain current class sizes Focus on student achievement Enhance I&RS process (staffing/training/supplies) Enhance Next Generation Science Standards inquiry kits (STEM) Enhance Project Lead the Way elective (foundational STEM program for high school)

3 Budget Goals & Priorities (continued) Sustain technology hardware, software & support programs Enhance staff professional development Continue school bus & maintenance vehicle replacements Finalize the implementation of the Elementary School Consolidation Plan including the transition of remaining students Continue to balance district needs with respect to the tax levy

4 Enrollment History and Projections Budget Year Enrollment * actual 4, actual 4, projected 4,397 Enrollment peaked in with 5,436 students! projected 4,317 Projection per 2017 updated demographic study by Whitehall Associates, Inc. *In-district enrollments exclude out-of-district placements. Enrollment counts are students enrolled on October 15 th of each corresponding year.

5 Budget Year * State Aid History (Budget to Actual) Budgeted State Aid 13,712,489 Actual State Aid Received $15,183,700 $10,406, ,597,370 11,830, ,315,498 12,315, ,520,035 13,718, ,522,223 13,771, ,610,623 13,800, ,663,175 13,815, projection 13,712, NJ School Districts should receive state aid numbers within 48 hours after the Governor s budget address on February 28, *Actual state aid is expected to be received throughout the remainder of the year. All other amounts are audited figures.

6 Budget Year Board Approved Budget Budget History Status Final General Fund Budget* Budget Defeated $71,812, Budget Defeated 67,494, Budget Passed Reorganization 65,778, Budget Vote Eliminated Board Approved Budget 67,169, Board Approved Budget* 71,358, Board Approved Budget 69,648, Board Approved Budget* 71,579,866 73,241,041 *Includes approved capital outlay projects funded through capital reserve funds.

7 Budget Elementary School Consolidation Elementary School Consolidation: approved by Board of Education, March 2016 Approved by State Department of Education, August 2016 Evans School closes effective July 1, 2017 and becomes rental property Elementary students reassigned to other elementary schools transition began in Spring 2016 (approximately 100 students already transitioned) $1,434,283 appropriation savings January 2017: Board of Education tables a motion to overturn the Elementary School Consolidation plan Initial budget implication return $1,434,283 back into the budget Other implications class size, programs, future budgets

8 Appropriation Savings Due to Consolidation Description Reduction Amount Fewer Positions Elementary School Consolidation Curriculum Supplies Health and Other Benefits $24,101 Operations and Maintenance, Evans School 184, ,355 Salary $932, Total Savings $ 1,434, Represents the following: Principal (1) Secretary 12 month (1) Guidance Counselor (1) Nurse (1) Clerk Typist (1) Teachers-General and Special Education (4) Related Arts/Areas Teacher (2.5) Teacher Aides (2) Teacher Assistants (2) Lunch Aides (4) Head Custodian (1) Custodian (3)

9 Total Net General Fund Preliminary Appropriations as of 2/23/2017 Current Consolidation Budget $74,936,157 All Schools Open w/o Consolidation Budget Total Net General Fund Preliminary Appropriations as of 2/1/2017 $74,959,321 $74,959,321 Adjustments since 2/1/ Budget Development Staffing (interpreter, aides, breakage) net +15, ,862 Special Education (1-1 nursing, tuition) net -38,569-38,569 District (JIF insurance premiums) -15,457-15,457 Operations (correction) +15, ,000 Adjustment if Consolidation is overturned - +1,434,283 $76,370,440

10 General Fund Preliminary Appropriations (with Elementary School Consolidation) Description Appropriations Percent of Total Staffing (All Salaries) $46,441, % Employee Benefits Medical, Prescription, Dental, FICA, Workers Comp., etc. 14,886, % PERS Obligation 1,323, % Note Insurance General Liability, Auto, Property, etc. 467, % Other District Costs 761, % Curriculum/Personnel/Technology 1,335, % Special Education 3,547, % Elementary Schools 412, % Middle Schools 159, % Operations/Transportation 4,719, % Clubs/Activities 357, % Interest Deposit to Capital Reserve 1, % Capital Projects 522, % Total Preliminary Appropriations $74,936, % Note: The combined total of all salaries and benefits is equivalent to 81.85% of the total anticipated general fund budget. Not including Capital Projects which is funded through the Capital Reserve Account, the General Fund appropriations have increased 1.60%.

11 General Fund Preliminary Revenue Projections (with Elementary School Consolidation) Description 0% Tax Levy Increase Preliminary Budget (1.82%) State Aid* $13,712,489 $13,712,489 $13,712,489 $13,712,489 $13,712,489 Budgeted Fund Balance & Reserves Other Misc. Revenues 1,923,093 1,683,938 1% Tax Levy Increase 2% Tax Levy Increase With 2% + Health Care Waiver + Banked Cap (2.93%) 1,923,093 1,923,093 1,923,093 1,923,093 1,683,938 1,683,938 1,683,938 1,683,938 Tax Levy 56,588,242 57,154,124 57,616,637 57,720,007 58,244,855 Total Preliminary General Fund Revenues $73,907,762 $74,473,644 $74,936,157 $75,039,527 $75,564,375 *Actual state aid will not be known until early March. Governor Christie is expected to give his annual budget address on February 28, 2017.

12 Preliminary General Fund Revenues vs. Appropriations (with Elementary School Consolidation) Description Preliminary Projected Revenues Preliminary Appropriations 0% Tax Levy Increase 1% Tax Levy Increase Preliminary Budget (1.82%) 2% Tax Levy Increase With 2% + Health Care Waiver + Banked Cap (2.93%) $73,907,762 $74,473,644 $74,936,157 $75,039,527 $75,564,375 74,936,157 74,936,157 74,936,157 74,936,157 74,936,157 Difference -$1,028,395 -$462, $103,370 $628,218

13 Capital Projects General Fund Preliminary Appropriations (w/o Elementary School Consolidation) Description Appropriations Staffing (All Salaries) $46,441,602 +$932,952 $47,374,554 Employee Benefits Medical, Prescription, Dental, FICA, Workers Comp., etc. 14,886, ,355 15,178,787 PERS Obligation 1,323,200-1,323,200 Insurance General Liability, Auto, Property, etc. 467, ,675 Other District Costs 761, ,327 Curriculum/Personnel/Technology 1,335, ,101 1,359,908 Special Education 3,547,182-3,547,182 Elementary Schools 412, ,728 Middle Schools 159, ,997 Operations/Transportation 4,719, ,875 4,904,476 Clubs/Activities 357, ,063 Interest Deposit to Capital Reserve 1,300-1, ,243 Adjustments - Revised Appropriations 522,243 Total Preliminary Appropriations $74,936,157 +$1,434,283 $76,370,440 Note: The combined total of all salaries and benefits is equivalent to 81.91% of the total anticipated general fund budget. Not including Capital Projects which is funded through the Capital Reserve Account, the General Fund appropriations have increased 3.56%.

14 General Fund Preliminary Revenue Projections (w/o Elementary School Consolidation) Description State Aid* $13,712,489 $13,712,489 $13,712,489 $13,712,489 $13,712,489 Budgeted Fund Balance & Reserves Other Misc. Revenues Tax Levy Total Preliminary General Fund Revenues 0% Tax Levy Increase 1,923,093 1,683,938 56,588,242 $73,907,762 1% Tax Levy Increase 57,154,124 $74,473,644 2% Tax Levy Increase 57,720,007 $75,039,527 With 2% + Health Care Waiver + Banked Cap (2.93%) 58,244,855 $75,564,375 Preliminary Budget (4.35%) 1,923,093 1,923,093 1,923,093 1,923,093 1,683,938 1,683,938 1,683,938 1,683,938 *Actual state aid will not be known until early March. Governor Christie is expected to give his annual budget address on February 28, ,050,920 $76,370,440

15 Preliminary General Fund Revenues vs. Appropriations (w/o Elementary School Consolidation) Description Preliminary Projected Revenues Preliminary Appropriations 0% Tax Levy Increase 1% Tax Levy Increase 2% Tax Levy Increase With 2% + Health Care Waiver + Banked Cap (2.93%) Preliminary Budget (4.35%) $73,907,762 $74,473,644 $75,039,527 $75,564,375 $ 76,370,440 76,370,440 76,370,440 76,370,440 76,370,440 76,370,440 Difference -$2,462,678 -$1,896,796 -$1,330,913 -$806,065 $0

16 If Consolidation Does Not Occur What happens if we don t consolidate? Evans Zone 25 students (Hearthstone, Westbury Chase) transition to Van Zant LD program continues transition to Van Zant over next three years Elementary school class sizes will increase 1.4 million in savings is lost By , elementary school class sizes could have as many as 28 children in a class By , educational programs will have begun to be reduced and/or eliminated Why? After all other reductions and cost saving measures have been implemented After maximizing the available, legal tax levy Our expenses will annually exceed our revenue by at least $500,000

17 Future Outlook How will consolidation help? If we consolidate Through , elementary school class size can remain approximately 19 children per class (average) Through , all educational programs and services can remain Why? In , as a result of consolidation, there will be a minimal tax levy increase and banked cap will be generated The banked cap generated, along with the rental income from Evans School will provide enough supplemental revenue to cover ETSD expenses through

18 Projected Reductions if Consolidation is Overturned # Description Reduction Amount Fewer Positions 1 Non-Staffing Appropriation Restructuring (net) $289,011 N/A Represents the following: Convert Operations equipment to lease purchase Convert Evans School phone related equipment to lease purchase Lease purchase one less bus

19 Projected Reductions if Consolidation is Overturned-continued # Description Reduction Amount Fewer Positions 2 Staff Restructuring (Salaries/Benefits) $856, Represents the following: LDTC position (new) Elementary teacher positions resulting in increased class sizes

20 Projected Reductions if Consolidation is Overturnedcontinued # Description Reduction Amount Fewer Positions 3 Staff Restructuring (Salaries/Benefits) $280, Additional elementary teacher positions resulting in increased class sizes

21 Projected Reductions if Consolidation is Overturnedcontinued # Description Reduction Amount Fewer Positions 4 Program Restructuring $880,000 ~12.0** All of the following non-mandated programs* would be reviewed for reduction and/or elimination: Reading Recovery Basic Skills Gifted and Talented Pull-Out Program Counseling Library-Media Computer/Technology Instrumental Music Specialized Middle School Programs -Family Consumer Science -Applied Design and Technology *programs appear in no particular order **including administration of affected programs Subtotal of items 1 through 4 $2,305,109

22 ETSD Elementary School PK-5 Enrollments Actual and Projected School 100% FES Capacity Actual Actual Consolidated & Projected All Schools Open & Zone 25 to VZ Beeler DeMasi Evans Jaggard Marlton Rice Van Zant Total With Evans 4,144 Without Evans 3,530 3,513 2,831 2,796 2,796 Notes: includes Zone 8A students reassigned from MES to DES and approximately 100 students already transitioned due to consolidation.

23 ETSD Elementary School K-5 Average Class Size Actual and Projected School Actual Actual Consolidated & Projected w/o Consolidation & Zone 25 to VZ Beeler DeMasi Evans Jaggard Marlton Rice Van Zant District Notes: includes Zone 8A students reassigned from MES to DES and approximately 100 students already transitioned due to consolidation. Does not include SCSE (Self-contained Special Education) classes.

24 ETSD Elementary School Class Section Comparison (does not include SCSE classes) Actual Consolidated w/o Consolidation Class Sections with 20 or more students Class Sections with 20 or more students Class Sections with 20 or more students Grade 20 or more 22 or more 24 or more 20 or more 22 or more 24 or more 20 or more 22 or more 24 or more K Sub-total Total Sections Percentage 44% 23% 5% 28% 10% 0% 73% 43% 19%

25 Tentative Budget Timeline Date February 28 February 27 & 28 March 16 March 20 April 27 Description Governor s Anticipated Budget Address Community Budget Input Meetings & Information on the Budget (will need to reschedule due to Governor s message) Board of Education Adopts the Tentative Budget Tentative Budget Due to the County Office of Education Board of Education Adopts the Final Budget (or at a special meeting prior to May 12)

26 Questions? Making the world a better place, one student at a time