Franklin Township Public Schools 2016 2017 FINAL BUDGET PRESENTATION BOARD OF EDUCATION MEETING APRIL 28, 2016
Franklin Township Board of Education Edward Potosnak, President Nancy LaCorte, Vice President Christine Danielsen Laurie Merris Dr. Julia Presley Richard Seamon Patricia Stanley Margaret Steele Latee Walton-McCleod Dr. John Ravally, Superintendent of Schools James H. Strimple. Jr., Interim Asst. Superintendent for Business Franklin Township Public Schools 2016-2017 Final Budget Presentation Board of Education Meeting April 28, 2016 2
Goals for Tonight s Meeting Review Board Budget Goals District Revenues Planned Expenditures Budget Tax Implications Compare Per Pupil Budgetary Cost Franklin Charter Schools Franklin and Similar Somerset County Districts Approve Final Budget 3
Remaining Budget Calendar Date Thurs., April 28, 2016 Action Public Hearing and Adoption of 2016-2017 Budget. Fri., April 29, 2016 Submission of 2016-2017 Budget to Department of Education. Franklin Township Public Schools 2016-2017 Final Budget Presentation Board of Education Meeting April 28, 2016 4
Meeting this Year s Budget Goals Established by the 5 Board of Education
Meeting the Budget Goals Goal One: Budget for appropriate staff and provide high quality professional development to all staff to accommodate student specific academic programs. Staffing Budget for new position Supervisor of Instructional Technology Budget for additional staff for special programs Franklin High School ESL Program Additional Instructional Time for Special Education Program Budget for additional Pre-K staff Expand Road to Success Program through the summer months Reallocate staff to provide additional elective courses at FMS and FHS Professional Development Improve New Teacher Academy with a concentration in Positive Behavior Interventions and Support Classroom Management Data Analysis Summer professional development and curriculum writing in Special Education; K-4 World Language Type 3 Gifted & Talented and Literacy 6 Total Impact ~318,400
Meeting the Budget Goals Goal Two: Budget for the implementation of data supported academic interventions. Impact Ed Connect NJ ~$30,000 ST Math ~$27,000 iready ~$151,000 Achieve 3000 ~$18,000 Academic Labs at FMS (budgeted 2015-16) $0 CTOPP (level two dyslexia testing tool) ~$2,800 Programs to Facilitate Data Analysis ~$67,000 Generation Ready Grapple Institute Total Impact for Academic Interventions ~$ 295,800 7
Meeting the Budget Goals Goal Three: Budget for expanded technology needs, including infrastructure and equipment. Upgrade and improve infrastructure throughout district Migrate from tape as a secondary backup, to an offsite cloud backup strategy. Resources for expanding the use of Google Classroom Provide oversight with the addition of the Supervisor of Instructional Technology Total Impact ~$70,000 8
Meeting the Budget Goals Goal Four: Budget to support the District s Pre-K initiative. Provide seats for additional students in their neighborhood schools Provide necessary resources and oversight for the effective implementation of the preschool curriculum Budget to outfit additional classrooms Reallocate/hire staff where necessary Establish tuition rate necessary to expand the program Total Impact ~$525,000 (*includes personnel) 9
Meeting the Budget Goals Goal Five: Budget to support safety and security. Implement the use of LobbyGuard, a visitor management system, during construction projects Increase security at the administration building Upgrade surveillance equipment, communication equipment and security software allowing for improved communication especially with first responders Expand Positive Behavior Interventions and Support Program to all of our elementary schools Total Impact ~155,200 (*includes personnel) 10
Meeting the Budget Goals Goal Six: Budget to support District restructuring and transition. Continue Referendum Transition Coordinator stipend Hire consultant to begin the process of rezoning attendance areas Total Impact ~ $50,000 11
Meeting Budget Goals Within Board Approved Parameters 12
Goal Seven: To Support the District Programs the Board Will Utilize Its 2% Spending Growth Allowance, State Department of Education Authorized Budgetary Spending Growth Adjustments, and Banked CAP. Adjustment Amount 2015-2016 tax levy $127,310,166 2% permitted increase on adjusted 2015-2016 tax levy $ 2,546,203 2016-2017 permitted CAP tax levy $129,856,369 Permitted spending prior to use of Banked CAP $129,856,369 Total Available Banked CAP* (from 2015-2016) $ 707,345 Permitted Spending Level with the Use of Banked CAP $130,563,714 *The final budget does not reflect use of the Banked CAP. 13
Meeting the Budget Goals Goal Eight: Anticipate the utilization of any unspent 2015-2016 general fund budget to be allocated to supplement the Referendum budget. The Board of Education has the flexibility to support the One Less Move Referendum with capital reserve funds. Referendum Project Withdrawals 2016-2017 Budget EAS Playground Equipment $ 40,000.00 EAS North Parking Lot $ 70,180.00 EAS Cafeteria Renovation $ 58,330.00 EAS Kitchen Storage $ 67,350.00 EAS Ceramic Tile Kitchen $ 44,000.00 Asbestos Removal Consultation $ 89,380.00 Asbestos Removal Contractor $ 215,100.00 HIL Upper Parking Lot $ 80,000.00 Claremont Road Site Work $ 500,000.00 Total Referendum Projects $1,164,340.00 14
Capital Reserve Analysis Available Balance 7/1/15 $4,797,054.63 Withdrawals - December, 2015 ESIP Projects Design Roof Projects Total $ 200,000.00 $ 126,000.00 $ 326,000.00 Available Balance 3/1/16 $4,471,054.63 Other Projects Withdrawal Spring 2016 Capital Projects Roof Middlebush Roof Conerly Road Roof Pine Grove Manor SGS Girls Locker Room Total 2016-2017 Budget $ 255,000.00 $ 886,950.00 $ 397,760.00 $ 567,375.00 $2,107,085.00 Capital Outlay Franklin High School Rear Parking Lot $ 300,000.00 $ 300,000.00 Total Referendum Projects $1,164,340.00 $ 1,164,340.00 Available Balance $ 899,629.63 15
2016-2017 Budget Operating Budget 2015-16 Adopted Budget 2016-17 Proposed Budget Increase/ (Decrease) % Increase/ (Decrease) $ 136,147,742 $ 137,375,166 $ 1,227,424.90% Capital Outlay $ 4,589,952 $ 1,991,450 $ (2,598,502) - 56.61% Charter School Payments Total General Operating Funds Special Revenue Fund $ 7,487,080 $ 9,043,447 $ 1,556,367 20.79% $ 148,224,774 $ 148,410,063 $ 185,289.13% $ 4,443,171 $ 5,933,075 $ 1,489,904 33.53% Debt Service $ 6,837,176 $ 9,353,565 $ 2,516,389 36.80% Total $ 159,505,121 $ 163,696,703 $ 4,191,582 2.63% 16
Budget to Budget Comparison Program 2015-16 Adopted Budget 2016-17 Proposed Budget Increase Decrease % Increase Decrease % of Budget Regular Instruction $ 34,771,098 $ 34,654,773 $ (116,325) - 0.33% 23.35% Bilingual/Basic Skills/Alternative Ed $ 4,248,377 $ 4,381,125 $ 132,748 3.12% 2.95% Spec Ed Instruction $ 10,165,181 $ 10,017,343 $ (147,838) - 1.45% 6.75% Co-Curricular $ 1,451,761 $ 1,481,234 $ 29,473 2.03% 1.00% Support Services $ 13,933,335 $ 15,266,205 $ 1,332,870 9.57% 10.29% Tuition $ 12,330,252 $ 12,191,108 $ (139,144) - 1.13% 8.21% Administration $ 9,668,320 $ 10,033,148 $ 364,828 3.77% 6.76% Operations Maintenance $ 12,960,648 $ 13,262,904 $ 302,256 2.33% 8.94% Transportation $ 14,359,231 $ 13,819,040 $ (540,191) - 3.76% 9.31% Employee Benefits $ 22,259,539 $ 22,268,286 $ 8,747 0.04% 15.00% Capital Outlay $ 4,589,952 $ 1,991,450 $ (2,598,502) - 56.61% 1.34% Charter Schools $ 7,487,080 $ 9,043,447 $ 1,556,367 20.79% 6.09% Total General Fund $148,224,774 $148,410,063 $ 185,289.13% 100 % 17
Budgeted Revenue Comparison Total Revenue Source 2015-2016 Budget 2016-2017 Estimated Increase/ Decrease % Change Total Local Revenue $ 133,407,921 $133,763,681 $ 355,760.27% Total State Aid $ 13,153,588 $ 13,283,157 $ 129,569.99% Total Other Aids $ 1,663,265 $ 1,363,225 $ (300,040) -18.04% Total Current Expense Total Special Revenue $ 148,224,774 $148,410,063 $ 185,289.13% $ 4,443,171 $ 5,933,075 $ 1,489,904 33.53% Total Debt Service $ 6,837,176 $ 9,353,565 $ 2,516,389 36.80% TOTAL REVENUES $159,505,121 $163,696,703 $ 4,191,582 2.63% 18
2016-2017 Sources of Income for Current Expense Budget Source Amount % of Budget Local Taxes $ 129,856,369 87.50% State Aid $ 13,283,157 8.95% Fund Balance $ 2,134,772 1.44% Capital Reserve $ 1,464,340.99% Other Aids $ 1,363,225.92% Tuition $ 196,000.13% Misc Income $ 112,200.08% Total Operating Fund Revenues $ 148,410,063 100.00% 19
Tax Comparison Calendar Year - Calendar Year Calendar Year 2015 Calendar Year 2016 Increase (Decrease) % Increase Current Expense Tax Levy $ 126,042,423 $128,583,268 $ 2,540,845 2.02% Debt Service Tax Levy $ 5,728,698 $ 7,501,097 $ 1,772,399 30.94% Total Tax Levy $ 131,771,121 $ 136,084,365 $ 4,313,244 3.27% Assessed Valuation $9,058,493,716 $9,246,202,748 $187,709,032 2.07% Current Expense Tax Levy Debt Service Tax Levy $1.391 $1.390 (0.001) 0% $0.063 $0.081 $0.018 28.28% Tax Rate $1.454 $1.471 $0.017 1.16% 20
Estimated Tax Increase On Average Assessed Home Assessed Value of Home Annual Increase in Tax Levy $ 200,000 $ 300,000 $314,195 Average Home $ 34 $ 51 $ 53 21
Somerset County Per Pupil Budgetary Cost Comparison Total Budgetary Cost Per Pupil* Actual State Average Franklin Hillsborough Bridgewater Montgomery Bernards 2012-2013 2013-2014 2014-2015 Budget 2015-2016 Budget 2016-2017 $14,156 $13,717 $13,247 $13,260 $12,785 $12,622 $14,502 $13,675 $13,469 $13,774 $13,715 $13,043 $14,604 $13,916 $13,653 $14,277 $14,102 $13,315 $15,144 $14,887 $14,515 $15,539 $15,115 $14,390 $15,397 22 *Per Pupil K-12 Districts More Than 3,500 Students
Charter School Cost Analysis School Year 2013-2014 2014-2015 2015-2016 2016-2017 State Budget Budget $5,175,104 $5,911,066 $7,487,080 $9,043,447 Actual $5,143,661 $5,679,293 Projected $6,853,533 School 2016-2017 State Projected Enrollment Payment Cost Per Pupil Central Jersey College Prep 355 $4,804,649 $13,534.22 Thomas Edison EnergySmart 322 $3,715,985 $11,540.33 Greater Brunswick 18 $ 304,001 $16,888.94 Hatikvah International 13 $ 179,886 $13,837.38 Unity 2 $ 20,878 $10,439.00 Barack Obama Green Charter 1 $ 18,048 $18,048.00 Total 711 $9,043,447 $12,719.33 23
Charter School Comparison Budgetary Per Pupil Costs Actual State Average Central Jersey Coll. Prep Thomas Edison 2012-2013 $13,192 $12,944 $ 7,139 2013-2014 $13,600 $13,041 $ 8,877 2014-2015 $14,143 $14,056 $10,038 Budget 2015-2016 $11,771 $11,175 $ 8,395 24
Next Steps Approve 2016-2017 Budget Submit Budget to the Department of Education. 25
Questions? 26