River ValeBoard of Education

2013-2014 Budget Presentation

March 5, 2013

River Vale Board of Education

Lorraine Waldes - President Steven Rosini - Vice President

Sheryl EatonWilliam EllisDavid Moon

Michael Shirey Dr. Andrew Spector

Matthew J. Murphy, Ed. D. - Superintendent of Schools

Kelly L. Ippolito - Business Administrator/Board Secretary

River Vale Budget Goals

• Create a budget that is reflective of River Vale’s Commitment to Excellence.

• Create a budget that is respectful to our community.

• Create a budget that maintains our commitment to a rigorous cycle of curriculum review and renewal.

Snapshot of 2013- 2014 Goals

Implement new digital citizenship curricula K-8 Revise K-2 Mathematics, K-8 Language Arts Literacy,

Gifted and Talented, Social Studies 6-8, Instructional Media, and Visual Arts Curricula

Provide enhanced staff development on Balanced Literacy and Mathematics common core standards and curriculum

Implement benchmark assessments for Mathematics in grades 2, 5 and 7

Expand GoogleDocs to students and staff Creation of leveled classroom libraries Greater access to technology (60 document camera

bundles, 180 computers purchased, etc.)

Budget Development Time Line

September 2011 Budget data collection begins

December 2011 – March 1, 2012

CSA, BA, & BOE Finance Committee develops budget based on 2% CAP

February 21, 2012 Governor Budget Address to NJ Legislature

February 23, 2012 State Aid Figures Released

March 6, 2012 BOE approves tentative budget

March 27, 2012 Formal hearing on 2012-2013 budget

River Vale is Highly Efficient

Per Pupil Spending: Of 27 K-8 Districts in Bergen, River Vale has the 7th lowest per pupil cost!

Administrative Costs: River Vale is below regional administrative costs.

Cost Efficiencies/Sharing Services: The River Vale Public School District is a leader in the area of shared services by participating: with other local public school districts for curriculum revision, Special Education

services, transportation, staff development and training, etc.; in a cooperative gas purchasing program through the Township of River Vale; in a lease with the Township to have all district fields maintained by the

Township; in Bergen County Banking Consortium to secure favorable interest rates; in Northeast School Board Insurance Group to secure best rates

Certificate of Excellence in Financial Reporting: Nine consecutive years!

2011- 2012 Facility Upgrades

Roberge Annex• Renovated three second floor

bathrooms making them accessible for the disabled

• Renovated Board Conference Room

Roberge School• New gym roof and relocation of

unsightly duct work• New clock system installed• Repaired 121 screens

Woodside School• Relocated two preschool program

classrooms from Roberge Annex• Replaced 135 screens• Installed new clock system• Painted approximately 2/3 of

hallways

Holdrum Middle School• Repaired 140 screens• Painted ceilings and walls in room

76 and 78• New clock system installed• Principal’s office painted

Major External Budget Challenges

1. State imposed MANDATES remain UNFUNDED

2. Special Education out of district tuition required additional services transportation costs

3. Health Benefits premium increase in the state plan

4. Minimal State Aid River Vale received a net of $389,924 or 1.83% of total budget

Financial Responsibility

Discretionary spending was kept flat or decreased

No budget waivers sought (although eligible)

No staffing increase

Spending kept under the “cap”

 Commitment to Excellence includes fiscal responsibility

Budgeted Revenue

2011-2012 2012-2013

Budgeted Fund Balance 255,377 253,341

General Local Tax Levy 18,917,367 19,291,931

Tuition 20,000 20,000

Miscellaneous 89,913 114,900

Jobs Ed Funding 21,495 0

State Aid (*) 186,101 440,455

Federal Grants 286,311 287,375

Debt Service Local Tax Levy 964,550 966,850

TOTAL 20,741,114 21,374,852

*SDA Debt Assessment $50,531

Advertised Appropriations

BUDGET CATEGORY

2011-12

BUDGET

2012-13 PROPOSED

BUDGET%

INC/(DEC)

Instruction $8,660,424 $8,718,766 1%

Co-Curricular/Athletic Activities

$ 100,002 $ 103,961 4%

Special Education Tuition. $ 910,763 $1,005,467 10%

Support Services $1,886,197 $2,300,032 22%

Administration $5,369,312 $5,376,016 0%

Operations and Maintenance of Plant

$1,915,456 $1,902,174 -1%

Advertised Appropriations (Continued)

BUDGET CATEGORY

2011-12

BUDGET

2012-13

PROPOSED

BUDGET

%

INC/(DEC)

Student Transportation $ 534,280 $ 532,680 0%

Capital Outlay (*) $ 113,819 $ 181,531 59%

Special Revenue $ 286,311 $ 287,375 0%

Debt Services $ 964,550 $ 966,850 0%

GRAND TOTAL $20,741,852 $21,374,852 3.06%

* Includes mandated SDA Assessment of $50,531 in 2012-2013

Tax Levy Increase

General Fund Tax Levy increased $543,600

or 2.5 % over previous Tax Levy

$0.40/day $12.27/month $147.31/year

TAX IMPACT

Your Budget Maintains…

all current educational programming and staffing levels;

small class sizes;

full-day kindergarten;

a commitment to a rigorous cycle of curriculum review and renewal;

access to 21st-century technologies and facilities that maximize educational learning.,

Where can I get more information?

Visit us at www.rivervaleschools.com for the Budget Presentation and additional information.

The Budget will be available at the following location: Board of Education Office: 609 Westwood Avenue

E-mail the Superintendent at mmurphy@rivervaleschools.com