Budget Presentation 2010

8/9/2019 Budget Presentation 2010

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Verona Board of Education

Final Budget and Financial Framework

March 2010


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Overview Budget Timeline

Strategic Goals

What Is In the Budget Administrative Restructuring

Targeted Areas of Reduction

Drivers of the Budget

Budget Efficiencies

Verona Property Taxes Summary


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Budget TimelineNovember 2009 Administrative team identifies 2010-2011 budgetary needs

December 2009 Building budgets submitted to Superintendent of Schools forreview

Jan/Feb 2010 Board of Education Finance Committee meets regularly toreview budget requests

February 11 Governor Christie announces reserving of $475 Million in stateaid to schools

February 17 Acting Commissioner of Education Bret Shundler promises toprovide school districts the management tools needed toaddress state fiscal crisis

March 2 Board of Education Meeting Public discussion of schoolbudget

March 16 Governors Annual Budget AddressBoard of Education Meeting Public discussion of schoolbudget


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Budget Timeline (cont.)March 17 $1.375 million state aid reduction announced

March 23 Budget submission to county office

March 30 Public Hearing on school budget

March 31 Budget presentation at HBW SCA Meeting

April 5 Budget presentation at Brookdale/FNB SCA meetings

April 12 Budget presentation at Forest/Laning SCA meetings

April 13 Budget pamphlets mailed to school community members

April 20 SCHOOL ELECTION DAY


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What This Budget BuysAdditional Staff Reduction in state aid precludes increasing

staff

Staff assignments realigned for both teaching

and administrative faculty members Administrative restructuring improve

oversight without adding additionaladministrators

Custodial services for after-hours and

weekend recreation gym and field use

Neighborhood Schools Comfort of principals and nurses in every

building Specialized instruction in

music, art, technology, media and worldlanguages

Instructional Supplies & Co-CurricularActivities Maintain full range of

musical, athletic, scholastic events

Training and materials for new K-4writing program

Textbooks for Calculus and new APPhysics programs at VHS

New Social Studies textbooks for HBW

After school enrichment opportunities

Innovative Programs/ Implementation FiveYear Strategic Plan Curriculum renewal Professional Development in UbD for

all faculty and staff

Upgrade technology infrastructure


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Chief School

Administrator

Director of SpecialServices

Supervisor ofSpecial Services

K-12CST & Related

Services Personnel

Director ofInstructional Studies

G & T Coordinator Director of Guidance

Supervisor ofHumanities

K-12

Supervisor ofMath/Science

K-12

BusinessAdministrator

AssistantBusiness

Administrator

NetworkTechnician

Payroll

OutsourcedFood Service

Director of Facilities

Custodians &Maintenance

Principal VHS

Assistant PrincipalDirector of Athletics/

SupervisorHealth/PE K-12

Principal HBW

Assistant Principal

ElementaryPrincipals (4)

Administrative Restructuring


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Targeted Areas of Reduction Restructure Gifted & Talented Program

Writers Workshop will allow emphasis on push-in

enrichment

Reduce pull-out time from math and language arts

instruction Reorganization of VHS Science Department

Elimination of three sections of Family & Consumer

Science at VHS

Scheduling alterations allow for reduction of 1.0 FTE

from HBW


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Targeted Areas of Reduction Merger of Special Services Supervisors into one

position, K-12, increases available instructional time

Efficiencies within Special Services allow for reduction

of 2.6 FTE

Elimination of instructional aide positions notmandated by IEP in accordance with NJDOE

recommendations

Scheduling alterations allow for reduction of various

aide positions throughout district


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Budget Drivers Budget is driven largely by mandates

State standards and regulations

Special education: IEP-driven aides Personnel costs are over two-thirds of budget

Salary growth

Sharp increase to health benefit premiums over pastseveral years (anticipated 20% increase in 2010-2011)

Non-discretionary cost (utilities, insurance, legal fees)

continue to increase Enrollment

Enrollment up approximately 7% over five years


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Budget Constraints Reduction of State Aid for 2010-2011 academic year by

$1.375 million (95% reduction from 09-10) School budget growth capped by state legislation

4.0% increase allowed on tax levy

Elimination of cap waivers for exorbitant costs(energy, capital outlay, special education)

Reduction of excess surplus eliminates tax relief

State budget regulations necessitate the reducing of expenditures as the primarymethod to balance budget


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Five-Year Summary2005/2006

ACTUAL2009/2010BUDGET

2010/2011ADOPTED

1-YEAR CHANGEAverage5 YEARCHANGE

SALARIES $12,601,000 $14,919,542 $14,972,489 .35% 3.8%

BENEFITS $2,954,000 $4,097,863 $4,301,210 5.1% 9.1%

SPECIAL EDUCATION $4,941,000 $5,507,949 $5,443,051 -1.2% 2%

NON-DISCRETIONARY $1,439,000 $1,905,694 $1,614,327 -15.3% 2.4%

DISCRETIONARY(class supplies,staff development,co-curricular)

$1,333,000 $1,086,118 $1,178,347 8.5% -2.3%

TOTAL $23,268,000 $27,517,166 $27,509,425 -.03% 3.6%


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2010-2011 PROPOSED EXPENDITURES - $27,509,425

Salaries & Benefits$19.2 million

Special Education$5.4 million

Non-Discretionary$1.6 million

Discretionary

$1.2 million

6%

20%

70%

4%


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ENROLLMENTVERONA PUBLIC SCHOOLS ENROLLMENT

20412052

2041

20862131

(projected)

2158


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Comparable DistrictsSCHOOL DISTRICTS

Similar sizeK-121800-3500 students

Similar socio-economicstatus

I district factor group

BERKELEY HEIGHTS TWP

CALDWELL-W. CALDWELLCEDAR GROVE TWP

CRESSKILL BORO

GLEN RIDGE BOROKINNELON BORO

MADISON BORO

NEW PROVIDENCE BORO

PARK RIDGE BORO

VERONA BORO


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Tax on Average Home2008 & 2009Town 2008 2009

Glen Ridge $ 15,826 $ 16,264

Cresskill $ 12,547 $ 13,223Kinnelon $ 12,040 $ 12,394

New Providence $ 10, 601 $ 11,056

Madison $ 10,075 $ 10,371Park Ridge $ 9,586 $ 9,799

Caldwell Township $ 9,452 $ 9,594

Berkeley Heights $ 9,447 $ 9,666Verona $ 8,806 $ 9,110

Cedar Grove $ 8,063 $ 8,394

Average $ 10,644 $ 10,987


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Our Taxes 2009Average Verona Property Tax

2009 - 17.1% Below Comp Group Average 2008 - 17.3% Below Comp Group Average

$ 290 increase on average home

$ 24 / month

Source: http://www.state.nj.us/dca/lgs/taxes/taxmenu.shtml


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Cost Per Pupil2005-06 2006-07 2007-08 2008-09 2009-10

PARK RIDGE BORO $ 11,880 $ 12,252 $ 13,069 $ 14,053 $ 14,647

MADISON BORO $ 12,043 $ 12,636 $ 13,122 $ 13,711 $ 14,056

BERKELEY HEIGHTS TWP $ 11,240 $ 11,612 $ 12,389 $ 13,112 $ 13,425

NEW PROVIDENCE BORO $ 10,883 $ 11,759 $ 12,192 $ 12,960 $ 13,245

KINNELON BORO $ 10,779 $ 11,316 $ 12,158 $ 12,736 $ 13,039

GLEN RIDGE BORO $ 10,762 $ 11,438 $ 12,030 $ 12,455 $ 12,800

CEDAR GROVE TWP. $ 11,847 $ 12,447 $ 12,224 $ 12,446 $ 12,789

CALDWELL-W. CALDWELL $ 11,299 $ 11,770 $ 12,070 $ 12,713 $ 12,759

CRESSKILL BORO $ 10,493 $ 11,024 $ 11,241 $ 11,708 $ 12,371

VERONA BORO $ 10,303 $ 10,931 $ 11,375 $ 11,919 $ 12,339

Verona: Five Year Average: Lowest Cost Per Pupil Among Comparative Groups

http://www.state.nj.us..education/
http://www.state.nj.us..education/http://www.state.nj.us..education/


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Classroom Spending per PupilSCHOOL DISTRICT 3 Year Average

PARK RIDGE BORO $ 344

GLEN RIDGE BORO $ 329

VERONA BORO $ 328

BERKELEY HEIGHTS TWP $ 302

NEW PROVIDENCE BORO $ 299

KINNELON BORO $ 290CEDAR GROVE TWP $ 288

MADISON BORO $ 220

CALDWELL-W. CALDWELL $ 211

CRESSKILL BORO $ 198

Budget managed in a w ay to assure that classroom spending per pupil is a major priority and initiative

http://www.state.nj.us..education/
http://www.state.nj.us..education/http://www.state.nj.us..education/


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Spending Priorities Most Efficient Among Comp Districts

Five Year Average: Lowest Cost Per Pupil

Spending allocated for most direct impact

on classroom instruction


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In Summary Overall decrease in spending from 09-10

Maintains existing academic programs

Funds curricular enhancements

Budget delivers great value and supports strategic

goals

If the budget is defeated:

Additional program and staff cuts

Impact of massive state aid reduction will be

compounded

Budget Presentation 2010

Documents

Transcript of Budget Presentation 2010