2013-2014PRELIMINARY BUDGET PRESENTATION

March 6, 2013

Julia M. Presley, PresidentEva M. Nagy, Vice-President

Richard E. ArlineDelvin Burton

Thomas J. LewisRichard Seamon

Keisha Smith-CarringtonRobert T. Trautmann

Betty Whalen

Edward Q. Seto, Superintendent of Schools

Franklin Township Board of Education

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Mission StatementFranklin Township Public Schools

The Mission of the Franklin Township Public Schools is to provide excellent educational opportunities that meet or exceed New Jersey Core Curriculum Content Standards

for every student; maintain an environment that engenders an appreciation of the value of every student; develop

every student to his/her highest potential; and instill the attitudes, skills, and knowledge necessary to become

independent, contributing members of a democratic, multi-cultural society.

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CURRICULUM AND INSTRUCTION: To commit to continuous improvement of student achievement through the implementation of rigorous curriculum aligned to the 2009 NJCCC and Common Core Standards, as evidenced by grade-level performance and student growth as measured by multiple measures.COMMUNICATIONS AND PUBLIC ENGAGEMENT: To strengthen District communication through the use of the District and school-based websites and other media and to increase public engagement in the District through increased collaboration with the community.SAFETY AND SECURITY: To continue the District’s efforts to improve the culture and environment of our schools and to build positive relationships that promote respect, motivation for learning, and creativity in and for our students.FACILITIES: Utilizing the District’s 2011-2021 Long-Range Facilities Plan, develop a building program that will enhance and improve the District's delivery of education to all students; provide additional classroom space to address the projected enrollment growth over the next five years; address critical maintenance issues in all existing facilities and consider potential changes to the delivery of education and identify potential future buildings to support this paradigm shift.

District Goals

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In 2012, the Board of Education voted to move the school board election to November at the time of the general election.

The Board is required to have a public hearing and adopt the budget in March for approval by the Somerset Executive County Superintendent of Schools.

Budget Approval Process

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Student Achievement, Curriculum & Instruction and New State Mandates Highly Qualified Teachers and Paraprofessionals Curriculum and Assessments (K-12) aligned to the

Common Core Standards and Supporting Resources

Implementation of the New Teacher and Principal Evaluation Process

District-Wide Technology Needs Continued Support of District Initiatives Maintain Current Extra-Curricular and

Co-Curricular Activities

Our School Budget will Support

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School Safety & Security

Maintain Safety and Security Personnel Staffing

Continued Support of Positive Behavioral Support

Program

Our School Budget will Support

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Facilities and Transportation

Energy Conservation Program

Special Election Expenses for a Referendum

Maintain Current Level of Transportation

Classroom Trailers at Six Elementary Schools

Our School Budget will Support

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Thorough review of 2013-2014 needs and prior spending patterns to identify efficiencies and re-allocate resources and responsibilities;

Alignment of proposed budget to strategic plan, district goals and priorities;

Preliminary budget review with the Finance Committee

March 6th – Preliminary Budget Presentation to Board March 19th – Community Forum for Preliminary Budget Online submission of Public Comments March 28th – Final Adoption

Developing the Proposed Preliminary Budget

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Maintain Integrity of Instructional Program Safety and Security Pre-K Program Extra-Curricular Activities Athletic Programs Fine, Visual and Performing Arts Programs Transportation / Late Buses

Proposed Preliminary Budget Details

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Changes Privatization of Instructional Paraprofessionals 2 Certificated Administrative Positions Cut 14 Certificated Staffing Positions Cut 7 Clerical Positions Cut Flex Scheduling Substitute Efficiencies Transportation Efficiencies

Proposed Preliminary Budget Details

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Student Enrollment Growth

2007 2008 2009 2010 2011 2012 2013Projected

7,966 7,951 8,120 8,198 8,145 8,280 8,315

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State Aid AllocationsState Aid Allocation for the 2013-2014 school year

remained flatAutomatic Enrollment Adjustment to CAP of

$84,984Charter School Expenses increased by $2,046,219Federal Aid reduced by $812,251School Development Authority Assessment

• Districts that received State grants for their facilities projects are assessed by the NJDOE

• Franklin’s Payment for 2013-2014: $262,203

Property Taxes $ 122,328,118 87.95%

State Aid $ 14,537,835 10.45%

Budgeted Fund Balance $ 2,000,000 1.44%

Interest & Miscellaneous

$ 217,927 .16%

Total Revenue $ 139,083,880 100.00%

Revenue for the 2013-14Operating Budget

TAXPAYERS PAY 87.95% OF BUDGET

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Salaries and Benefits $ 90,174,667 64.82%Special Education $ 21,499,529 15.46%Transportation(Excluding Special Education and Charter School)

$ 8,803,497 6.33%

Operations / Maintenance $ 6,131,254 4.41%Instruction and Support $ 6,504,980 4.68%Charter School $ 5,539,923 3.98%Capital Outlay $ 430,030 .32%TOTAL $ 139,083,880

2013-2014 OPERATING FUND EXPENDITURES

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Total Tax Levy 2013-2014

General Fund $ 122,328,118

Debt Service Fund $ 4,824,932

Total $ 127,153,050

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Franklin Township School Taxes

Calendar Year 2013

2012-2013 School BudgetTax Levy

$124,842,894 2 = $62,421,447.00

Tax Rate on BOE Worksheet = Tax Rate on Tax Bill

½ of Current Budget Levy $ 62,421,447.00

+ ½ of Proposed Budget Levy $ 63,576,525.00

= Calendar Year 2013 Tax Levy $125,997,972.00

January June July December

2013-2014 School BudgetTax Levy

$127,153,050 2 = $63,576,525.00

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Tax Impact of 2013-2014 BudgetSchool Year2012-2013

Tax Year 2012

School Year2013-2014

Tax Year 2013$

Difference%

Difference

School Fiscal Year Tax Levy (July - June)

$124,842,894 $127,153,050 $2,310,156 1.85%

Calendar Year Tax Levy (Jan. - Dec.)

$123,294,639 $125,997,972 $2,703,334 2.19%

Assessed Valuations

$8,980,044,323 $8,980,044,323 0 0.00%

Tax Rate .01373 .01403 .00030 2.19%

Rate per $100Rounded 3 Decimal

$1.373 $1.403 $.030 2.19%

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Impact on Average Assessed Home(Based on 2012 Assessments)

2012 Average Assessment

2012 Taxes

2013 Average Assessment

2013 Taxes

$ Difference

% Difference

$311,392 $4,275.41 $311,392 $4,368.83 $93.42 2.18%

Annual Tax Increase of $93.42 per Average

Household

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Thank you!

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