Somerdale Board of Education School Budget 2013-2014

Dr. Dennis M. Vespe, Superintendent

Mrs. Betty Giambrone, Business AdministratorMr. James Walsh, Somerdale BOE President Mrs. Michele Frontera, Finance Chairperson

Budget Notables:Budget Notables:2% CAP = $68,7422% CAP = $68,742

OBSTACLESOBSTACLESExtra Ordinary ExpensesExtra Ordinary ExpensesNew Science Series - $52,000New Science Series - $52,000Outside special education placement and related services = $294,000Outside special education placement and related services = $294,000Total = $346,000Total = $346,000

POSITIVESPOSITIVESReceived $23,882 of additional state aidReceived $23,882 of additional state aidReceived $190,785 of school choice aidReceived $190,785 of school choice aidBeginning a shared service maintenance with the municipality to continue to utilize shared Beginning a shared service maintenance with the municipality to continue to utilize shared services in order to be fiscally responsibleservices in order to be fiscally responsible

SUMMARYSUMMARY3 cent increase = $44.54 on $160,000 ; 3 cent decrease = $-41.36 in 2012-2013, +$3.18 ; $1.593 cent increase = $44.54 on $160,000 ; 3 cent decrease = $-41.36 in 2012-2013, +$3.18 ; $1.59Adding a 5Adding a 5thth grade class to maintain small class size grade class to maintain small class sizeAll sports programs have been restored and maintainedAll sports programs have been restored and maintainedAll current clubs and services maintainedAll current clubs and services maintainedVarious specials extended (TBD)Various specials extended (TBD)Facility and Technology upgradesFacility and Technology upgrades

No cutsNo cuts

Curricular Programs and Instruction Curricular Programs and Instruction 2013 - 14 ENROLLMENT PROJECTIONS2013 - 14 ENROLLMENT PROJECTIONS{{Does not include Retentions, Withdrawals, Home Bound, Does not include Retentions, Withdrawals, Home Bound, Home Schooled, or Out-of-District Students} Home Schooled, or Out-of-District Students}

Total Enrollments include Special Ed. and Choice StudentsTotal Enrollments include Special Ed. and Choice Students

GGraderade # Classes# Classes EnrollmentEnrollmentPSPS (2)^(2)^ TBD* TBD* PSDPSD (1)^(1)^ 6*6*K.K. (3)^(3)^ 24*24*Gr. 1Gr. 1 (3)(3) 6363 Gr. 2Gr. 2 (3)(3) 5252Gr. 3Gr. 3 (3)(3) 5353Gr. 4Gr. 4 (3)(3) 61 61 Gr. 5Gr. 5 (3)(3) 55 55 Gr. 6Gr. 6 (2)(2) 50 50 Gr. 7Gr. 7 (3)(3) 62 62 Gr. 8Gr. 8 (2)(2) 51 51

TotalTotal (28)^(28)^ 477*477*

*Pre-School and Kindergarten Registrations Currently Underway*Pre-School and Kindergarten Registrations Currently Underway ^Sections dependent upon enrollment ^Sections dependent upon enrollment

Adding a 5Adding a 5thth grade in order to maintain small class size. grade in order to maintain small class size. Move from no science series to Pearson science series grades K-5Move from no science series to Pearson science series grades K-5 Started the MAP testing initiative with bench marks and computerized test takingStarted the MAP testing initiative with bench marks and computerized test taking Maintain all curricular “specials” with expansion to some “specials” (TBD)Maintain all curricular “specials” with expansion to some “specials” (TBD) Entire campus now has projectorsEntire campus now has projectors Every teacher now has a tablet for electronic instructionEvery teacher now has a tablet for electronic instruction Upgrade of Technology both classroom instruction and infrastructure for the Upgrade of Technology both classroom instruction and infrastructure for the

entire campusentire campus

- Beginning student tablet initiative- Beginning student tablet initiative

- Utilizing campus with the private sector- Utilizing campus with the private sector

- Enhanced Website- Enhanced Website >>Interactive formsInteractive forms

> > Pod CastingPod Casting

>Instructional links>Instructional links

> Video Lessons> Video Lessons

> On-line curriculum> On-line curriculum

Curricular Programs and Instruction Continued Curricular Programs and Instruction Continued

Curricular Programs and Instruction Continued Curricular Programs and Instruction Continued

– Grades 3-5 will be departmentalized with varying academic Grades 3-5 will be departmentalized with varying academic levels.levels.

– Maintain same level of CST and I&RS Services .Maintain same level of CST and I&RS Services .

– Expanding our Wilson Reading Certified StaffExpanding our Wilson Reading Certified Staff

– Continuation of PSD Extended Year Program & the Fundations Continuation of PSD Extended Year Program & the Fundations / Wilson Summer School Reading Program.*/ Wilson Summer School Reading Program.*

(*The Fundations / Wilson Reading Program is contingent upon (*The Fundations / Wilson Reading Program is contingent upon final class size configurations at the primary levels and final class size configurations at the primary levels and enrollments.)enrollments.)

Extra Curricular ActivitiesExtra Curricular Activities– All Sports programs have been reinstated and maintainedAll Sports programs have been reinstated and maintained

• Approved for the Camden County Elementary League 2013-2014Approved for the Camden County Elementary League 2013-2014

– All Current clubs maintainedAll Current clubs maintained

-- Entire campus is wireless Entire campus is wireless-Entire campus is air conditioned-Entire campus is air conditioned-Continue to replacement/upgrade the security cameras both -Continue to replacement/upgrade the security cameras both inside and outside the building.inside and outside the building.

-Begin the process for upgrading the drainage system-Begin the process for upgrading the drainage system-Continue to work with the Municipality to use shared services-Continue to work with the Municipality to use shared services

• Maintenance shared serviceMaintenance shared service• Potential solar projectPotential solar project

Facility Facility

Somerdale School District Somerdale School District 2013-2014 Budget2013-2014 Budget

FactsFacts

FiguresFigures

RevenuesRevenues

ExpendituresExpenditures

Where does the

money come from?

GO Cavs

GO Cavs

2013-2014 Budget Revenue

$7,534,437

11/12 Budget

Local Tax Levy,

$3,804,971, 51%

School Choice,

$190,785, 3%

State Aid, $2,794,916,

37%

Budgeted Fund

Balance, $110,482,

1%

Misc., $5,000,

0%

Grants, $314,226,

4% Debt Svc, $314,057,

4%

Tax Levy Increase Includes

Banked Cap and

Health Care Cost Adjustment•Banked Cap—Tax Levy that was not used in the previous two years (tax levy increase was below 2% those years)

•Health Care Costs Adjustment—Health care costs that increased beyond the amount projected by the State

Where does all the money go?

2013-2014 Budget Expenditures

$7,534,437

Instruction, $3,000,464, 40%

School Sponsored Athletics/Extra Curr.,

$90,869, 1%

Tuition,$321,140, 4%

Support Services Student Related,

$625,861, 9%General

Administration, $313,026, 4%

School Adminsitration, $60,340, 1%Central Services,

$240,037, 3%

Charter Schools, $15,903, 0%

Operations & Maintenance, $573,592, 8%

Student Transportation, $160,056, 2%

Employee Benefits, $1,491,785, 20%

Capital Outlay, $13,081, 0%

Special Revenue, $314,226, 4% Debt Service,

$314,057, 4%

Expenditure Breakdown

• Instruction $3,000,464

• School Sponsored Athletics/Extra Curriculum $90,869

• Tuition Out $321,140

• Support Services Student Related $625,861

• General Administration $313,026

• School Administration $60,340

• Central Services $240,037

• Charter Schools $15,903

• Operations & Maintenance $573,592

• Student Transportation $160,056

• Employee Benefits $1,491,785

• Capital Outlay $13,081

• Special Revenue $314,226

• Debt Service $314,057

• Total $7,534,437

“DETAILS OF EXPENDITURE BREAKDOWN”**Percentages are subject to change due to any revisions following the Public Hearing**

Instruction = $3,000,464 , 40% School Administration = $60,340 = 1%

Teachers Salaries & Supplies Vice Principal & Vice Principal Secretary Salary

Special Ed. Salaries Printing Materials/Supplies

Summer Program Memberships/Registration

Home Instruction Renaissance Program

Basic Skills

ESL/Aide salary Central Administration = $240,037 = 3%

Shared Services Business Office

Athletics/Extra Curricular= $90,869 = 1% Accounting Clerk

Clubs Payroll and Personnel Software Services

Sports

Operation & Maintenance= $573,592 = 8%

Tuition = $321,140 = 4% All required inspections/repairs and maintenance

Students out of district Shared Services for Maintenance/Custodial

Support Services/Student Related = $625,861, = 9% Charter Schools = $15,903 = 0%

Attendance/Health/Speech and Guidance Salaries & Services Charter School Tuition

Child Study Team Salaries & Services

Librarian/Technology Services Student Transportation = $160,056, = 2%

Dean of Students/Curriculum Supervisor Transportation for Out of District Students

Professional Development

Employee Benefits = $1,491,785 = 20%

General Administration = $313,026 = 4% Benefits for full-time employees

Superintendent/Principal Salary Social Security/TPAF/PERS/Tuition Reimbursement

Superintendent Secretary Salary

Legal Services Special Revenue = $314,226 = 4%

Membership/Workshops/Conferences Preschool Teachers Salaries/Supplies

Policies/Election Cost Basic Skills Teachers/Supplies

Auditor/Architect and BOE Insurance Assistants Salaries/Supplies

Phone/UPS/ Postage

Debt Service = $314,057 = 4%

Capital Outlay = $13,081 = 0% Repayment of Debt (Principal/Interest)

Actual and Proposed School Tax Rate

Calendar Year2011-2012 2012-2013 2013-2014

Rateables $343,691,877 $357,967,150 $360,205,434

Increase/

(Decrease)

$-1,129,434 $ 14,275,273 $2,238,284

Local Tax Levy $3,369,726 $3,437,121 $3,804,971

Debt Service $216,608 $218,544 213,407

Total $3,586,344 $3,655,665 $4,018,378

Average over two years

$3,565,417 $3,621,000 $3,837,021

Tax Rate $1.037 $1.012 $1.037

Tax Increase

/(Decrease)

$0.014 $(0.03) $0.03

TAX SPREADSHEET BASED ON HOMES VALUED IN SOMERDALE

Tax Impact 1 Penny = $ 36,020.54  

Somerdale Tax Rate = 0.03Yearly

IncreaseMonthly Increase

Weekly Increase

Daily Increase

Home assessed at $ 50,000.00 $ 13.92 $ 1.16 $ 0.27 $ 0.04 Home assessed at $ 60,000.00 $ 16.70 $ 1.39 $ 0.32 $ 0.05 Home assessed at $ 70,000.00 $ 19.49 $ 1.62 $ 0.37 $ 0.05 Home assessed at $ 80,000.00 $ 22.27 $ 1.86 $ 0.43 $ 0.06 Home assessed at $ 90,000.00 $ 25.05 $ 2.09 $ 0.48 $ 0.07 Home assessed at $ 100,000.00 $ 27.84 $ 2.32 $ 0.54 $ 0.08 Home assessed at $ 110,000.00 $ 30.62 $ 2.55 $ 0.59 $ 0.08 Home assessed at $ 120,000.00 $ 33.41 $ 2.78 $ 0.64 $ 0.09 Home assessed at $ 130,000.00 $ 36.19 $ 3.02 $ 0.70 $ 0.10 Home assessed at $ 140,000.00 $ 38.97 $ 3.25 $ 0.75 $ 0.11 Home assessed at $ 150,000.00 $ 41.76 $ 3.48 $ 0.80 $ 0.11 Home assessed at $ 160,000.00 $ 44.54 $ 3.71 $ 0.86 $ 0.12 Home assessed at $ 170,000.00 $ 47.32 $ 3.94 $ 0.91 $ 0.13 Home assessed at $ 180,000.00 $ 50.11 $ 4.18 $ 0.96 $ 0.14 Home assessed at $ 190,000.00 $ 52.89 $ 4.41 $ 1.02 $ 0.14 Home assessed at $ 200,000.00 $ 55.68 $ 4.64 $ 1.07 $ 0.15 Home assessed at $ 210,000.00 $ 58.46 $ 4.87 $ 1.12 $ 0.16 Home assessed at $ 220,000.00 $ 61.24 $ 5.10 $ 1.18 $ 0.17 Home assessed at $ 230,000.00 $ 64.03 $ 5.34 $ 1.23 $ 0.18 Home assessed at $ 240,000.00 $ 66.81 $ 5.57 $ 1.28 $ 0.18 Home assessed at $ 250,000.00 $ 69.59 $ 5.80 $ 1.34 $ 0.19

GO CAVS!

THANK YOU - AND AS ALWAYS