Developed and Presented by: Brian J. McBride, Superintendent Todd D. Reitzel, Business Administrator / Board Secretary

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1 Developed and Presented by: Brian J. McBride, Superintendent Todd D. Reitzel, Business Administrator / Board Secretary

2 BOARD OF EDUCATION Ms. Amy Austin Mr. Keith Austin, Vice President Mrs. Laurie Beck Ms. Nancy Brett, President Mr. John Kay Mr. John Quigg Mr. Mark Russell Mr. Nicolas Sarracino Mr. Sean Toner Mr. Jeffrey Elliot, Riverton Representative Beverly Representative

3 DISTRICT OVERVIEW Statistics Enrollment: 888 (March 31,2017) Attendance rate: 93.75% Graduation rate (new formula): 89% Free/Reduced Lunch: 43% District Buildings Delaware Avenue (Administrative) Charles Street (Grades PK 6) 490 Palmyra High School (Grades 7 12) 398 District employees 146 Certificated 102 (Administration 9) Non certificated 44

4 MISSION STATEMENT The mission of the Palmyra Public School District is to work cooperatively with the available resources of home and community, including business and industry, to offer each child the educational opportunities that will enable him/her to function politically, economically, and socially in a democratic society and to fully facilitate their development within a safe and secure school environment.

5 DISTRICT GOALS Strengthen the DISTRICT through inclusion and the encouragement of interaction and support from the Pal/Riv/Bev communities at large and local business partners Make Palmyra School District a state of the art state/county showcase through advancement in increased revenue, technology, programs, staffing and facilities. Palmyra School District will enrich the whole student by connecting them to their education socially, emotionally, and academically.

6 REVENUE: % OF TOTAL BUDGET REVENUE Fund Bal & Reserve Local Revenue REVENUE Fund Bal & Reserve Local Revenue State Sources Federal Sources State Sources Federal Sources Tuition Debt Service Tuition Debt Service Miscellaneous 7% 0% 3% Grants 6% Miscellaneous 7% 0% 3% Grants 5% 7% 8% 0% 0% 27% 50% 26% 51%

7 REVENUE IN DOLLARS Revenue Revenue Grants 511,179 Grants 498,393 Miscellaneous 45,000 Miscellaneous 54,101 Debt Service 1,285,005 Debt Service 1,218,975 Tuition 1,261,943 Tuition 1,438,568 Federal Sources 28,180 Federal Sources 28,546 State Sources 4,755,011 State Sources 4,755,011 Local Revenue 8,806,464 Local Revenue 9,181,593 Fund Bal & Reserve 1,011,274 Fund Bal & Reserve 840, ,000,000 8,000, ,000,000 10,000,000

8 EXPENSES: % OF TOTAL BUDGET APPROPRIATIONS Reg Ed Sp Ed Co Curr Ops & Svcs Tuition Title Grants Debt Service 7% 3% 26% 10% 10% APPROPRIATIONS Reg Ed Sp Ed Co Curr Ops & Svcs Tuition Capital Outlay Title Grants 7% 3% 1% Debt Service 25% 3% 7% 3% 7% 44% 44%

9 EXPENSES IN DOLLARS Appropriations Appropriations Debt Service 1,285,005 Debt Service 1,218,975 Title Grants 511,179 Title Grants 498,393 Tuition 1,862,981 Capital Outlay 289,544 Ops & Svcs 7,756,129 Tuition Ops & Svcs 1,767,653 8,015,941 Co Curr 538,336 Co Curr 554,121 Sp Ed 1,194,909 Sp Ed 1,191,628 Reg Ed 4,555,517 Reg Ed 4,479, ,000,000 10,000, ,000,000 10,000,000

10 WHY INCREASE THE BUDGET?

11 BUDGET HIGHLIGHTS Currently funded and operated programs remain intact. For some programs there may be a change in delivery methods, program structure or a realignment of resources. The goal of these changes is to improve or augment the educational experience.

12 STAFF & ENHANCEMENTS

13 IXL adaptive learning program for Grades 6-9 Reflex Math fluency program for Grades K-6 Reading Eggs program for Grades K-4 PLATO program for Grades 9-12 (PLA students) System 44 program for Grades 2-4 Website update Lab refresh at CSS Lab addition at PHS

14 Science: National Geographic program Science Fusion NGSS for 9-12 AP Physics Lab Kits Social Studies: Newsela for 5-9 Grade 5-8 US History Grade 9 World Cultures World Language: Spanish IV Grade 6 series ELA: Modern Poetry-anthology Grades 6-8 articulation Other: Health/Phys Ed., Business

15 Model Congress (PHS) Class Initiatives (Grades 9-12) Pre-Algebra (Summer) Summer STEM (Grades 5-8) AP Primer (Summer)

16 New Switches at CSS New MIMIO Boards Upgraded Servers Increased Internet Bandwidth Upgraded Desktop Computers for CSS Computer Lab New PHS Computer Lab New Chromebooks for PHS & 3 rd Grade Increased Wireless Access Capability

17 TAX IMPACT

18 TAX RATE Tax Rate Calculation Net Valuation Taxable $477,098,075 General Fund Levy $9,181,593 Debt Service Levy $1,042,046 Total Levy $10,223,639 General Fund Tax Rate Debt Service Tax Rate Total Tax Rate **Residental valuation $408,717,075 (Palmyra Borough Tax office) 85.7%

19 YEAR OVER YEAR AVERAGE INCREASE ROUNDED TO NEAREST PENNY Additional Tax Average Cost Per $100 Assessed Value $100 $100 $100 Average General Fund Tax Bill $1.80 $1.84 $1.92 $0.08 Average Debt Service Tax Bill $0.20 $0.23 $0.22 $0.01 Average Total Tax Bill $2.00 $2.07 $2.14 $0.07

20 AVERAGE TAX BILL School Year Average Assessed $147,605 Residential Unit Average General Fund $2, Tax Bill Average Debt Service $ Tax Bill Average Total Tax Bill $3,163.00

21 YEAR OVER YEAR AVERAGE INCREASE Additional Tax Average Assessed Residential Unit $147,865 $147,751 $147,605 Average General Fund Tax Bill Average Debt Service Tax Bill $2, $2, $2, $ $ $ $ $16.00 Average Total Tax Bill $2, $3, $3, $ *Did you know that there are 2,769 residential homes in Palmyra?

22 TAXES MOVING FORWARD Year Over Year Tax Increase $ $ $ $ $92.14 $41.94 $32.82 $31.13 $ Projected Actual Change

23 ANY QUESTIONS?