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Verona Board of EducationPublic Hearing

2015-2016 BudgetApril 28, 2015

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Budget Timeline

November 2014

Administrative team identifies 2015-2016 budgetary needs

December 2014

Building budgets submitted to Superintendent of Schools for review

Jan/Feb 2015 Board of Education Finance Committee meets regularly to review budget requests

March 10, 2015 Board of Education public budget work sessionAdoption of preliminary 2015-2016 school budget

April 28, 2015 Adoption of final public budget- Final Budget Presentation

April-June 2015 Public presentations

November 2015

School Board Election- Two seats up for re-election

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What This Budget BuysStaff New staff in HBW due to the house

model proposed for next year Reading Intervention Grades 1-4 Increase in vocal and instrumental

music at VHS and HBWInnovative Programs/

Implementation Five Year Strategic Plan and Co-curricular

Curriculum improvements, K-12 Professional Development in

Reading and Writing Workshop STEM initiatives 125 new Chromebooks to replace

desktop computers Incremental budget increase to

Hockey and Lacrosse programs

Instructional Supplies and Professional Development

Reading and Writing Workshop supplies and training

Materials for Syracuse University Dual Enrollment Courses

Professional development and materials for the new AP World History and AP Human Geography Courses

Teachers attending the Columbia University Reading workshops

Reading workshops and guided reading training through FDU. It is the Orton Gillingham approach for struggling readers.

Google Teacher Academy- 16 staff members attending.

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New Course Offerings beginning September 2015VHS

Humanities Course, Speech Arts Course Grade 12 AP World History, AP Human Geography Introduction to Psychology Astronomy, Medical Biology

HBW Technology, Education, and Design (TED): Grades 5-8 Computer Science: Grade 7 Next Generation Science Pilot: Grade 5-8 English Language Arts: A Differentiated Approach: Grades 5-6

Elementary Project AdventureBound: Grade 4 Next Generation Science Pilot: Grades 1-8

2015-16 Curricular Initiatives

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2015-16 Curricular Initiatives (continued)

Curricular Alignment of Instruction & AssessmentVHS

Introduction to Psychology (new) CCSS: Algebra I (revision), Geometry (revision) AP Calculus AB/BC (Collegeboard ----> UbD) NGSS: Biology, Environmental Science, Medical Biology, Astronomy, AP Chemistry

HBW ELA Grades 5&6: A Differentiated Approach ELA Grades 7&8 (revision) CCSS: Math 7 On/Above, Math 8 Technology, Education & Design (TED): Grades 5-8 Computer Science 7

Elementary ELA K-4: Reading & Writing Project Social Studies: Grades 3-4 (revision) Project AdventureBound: Grade 4 Next Generation Science Pilot: Grades 1-8

2015-2016 Special Services Plans

Continuing Programs Special Education Classes (PreK-8) In-class and Pull-out Resource Center Programs (PreK-12) Supplementary Aides and Services (PreK-12) Extended School Year (ESY) Program (PreK-8)

Continuing Services/Activities Related Services (Speech/Language, OT, PT) (PreK-12) Full-time Behavior Analyst CHILD/Special Services Co-Sponsored parent workshops Purchase of supplies/materials for instructional purposes Purchase of assistive technology for instructional

purposes

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Proposed B&G Projects for 2015-2016

• District - Replace interior doors for improved security

• VHS - Automate lockdown system

• VHS - Electrostatically paint 600 corridor lockers• HBW scrape/paint exterior trim

• Maintenance vehicle - Utility body w/ plow

• Remodel K&1 bathrooms in elementary schools

• District - Shade replacement

• Replace HBW stage lighting and controls

• HBW – Convert room 223 to science classroom

• HBW - Create STEM Lab in wood shop

• Refinish (sand, paint, poly) VHS old gym, HBW gym

• Re-Key District

• Forest Ave - Install new flooring over existing VAT in corridors

• 2015-2016 Budget $203,000• 2015-2016 Maintenance Reserve $65,000• 2015-2016 Capital Reserve $89,000

Total Budget $357,000

SHARED SERVICES

Joint snow removal with the Township of Verona

Township of Verona pays for trash removal Pooled health, dental, workman’s comp

and liability insurance with other school districts

Pooled purchasing of school and custodial supplies with other school districts

Shared costs for special education transportation with other school districts

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Budget Facts and Constraints

Tax levy cap of no more than 2% for school budget growth pursuant to

NJ Legislation passed in 2010.

Verona has elected to use $223,839 of banked cap (this is needed due to increases in healthcare costs of between 8-9%).

The net result is a general fund tax levy increase of 2.70%.

The banked cap of $139,367 is available in 2016-2017 for possible use.

Increase to the homeowner is $117 per home. It is the net difference between the increase in the general fund and the decrease in the debt service fund because of the bond refinancing. The average assessed home is $359,800.

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2014-15 PROPOSED EXPENDITURES - $31,835,792

68%

6%

22%

Salaries and Benefits $21,695,348

Special Education $7,033,097

Non-discretionary$1,932,998

Discretionary$1,174,349

Total $31,835,792

4%

Revenue

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Local Taxes94.3%

State Aid

Extraordinary AidTax Relief Misc

Tuition

Funding

Revenue %Local taxes 94.3%State Aide 2.9%Extraordinary Aid 0.64%Tax Relief 0.89%Tuition 0.59%Miscellaneous Revenue 0.68%

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Budget Comparison

 2014-2015

Current Budget

2015-2016 ProposedBudget

Dollar Change % CHANGE

SALARIES $16,694,909 $16,948,076 $253,167 1.51%

BENEFITS $4,690,638 $4,747,272 $56,634 1.21%

SPECIAL EDUCATION $6,484,422 $7,033,097 $548,675 8.46%NON-DISCRETIONARY (professional

development, curriculum writing, custodial and maint. supplies)

$2,014,437 $1,932,998 ($81,439) -4.04%

DISCRETIONARY (regular classroom and co-curricular

supplies)

$1,107,950 $1,174,349 $66,399 5.99%

TOTAL $30,992,356 $31,835,792 $843,436 2.72%

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Benefit Costs

• Cost of health benefit plan. Includes health, dental and vision. Family $26,854 Husband and Wife $22,651 Parent and child $15,269 Single $10,258

• Total employee contribution for next year is approximately $1,000,000

• 190 staff members carry benefits at a cost of $3,212,000• 61 staff members opt out and the cost is $292,000• Social security, pension and unemployment costs approx. $890,000• Workman’s compensation insurance costs approx. $200,000• Board liability and property insurance costs approx. $175,000

Non-discretionary and Discretionary Spending

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Non-discretionary• Copier and technology leases• Staff in-service and

professional development• Testing• Legal and auditing fees• Postage• Phones and internet service• Advertising• Liability insurance• Office supplies• Buildings and grounds

Discretionary• Health supplies• Guidance supplies• Library and audio visual

supplies• Classroom supplies• Athletic and co-curricular

supplies• Computer and printer

purchases

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Comparable DistrictsSCHOOL

DISTRICTSTOTAL SPENDING

PER PUPILCLASSROOM

SUPPLIESEXTRA-

CURRICULARAVG. PROPERTY

TAXES

BERKELEY HEIGHTS TWP

18,981 181 521 11,839

CALDWELL-WEST CALDWELL

17,161 241 479 9,992

CEDAR GROVE TWP 17,371 365 446 9,885

CRESSKILL BORO 17,792 324 396 14,809

GLEN RIDGE BORO 16,623 362 470 18,212

KINNELON BORO 19,307 309 414 13,495

MADISON BORO 17,622 251 541 11,863

MAHWAH TWP 21,090 254 413 7,961

NEW PROVIDENCE BORO

16,543 245 413 13,091

PARK RIDGE BORO 23,340 758 602 11,417

RAMSEY BORO 19,601 213 396 11,606

VERONA BORO 16,219 (12) 251 (5) 387 (12) 10,593 (4th lowest)

College Acceptances

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Amherst CollegeBard CollegeBoston UniversityBrandeis UniversityBrown UniversityBucknell UniversityCarnegie Mellon UniversityColgate UniversityCollege of William and MaryColumbia UniversityCornell UniversityElon UniversityGeorgetown University Georgia Institute of TechnologyGrinnell CollegeHamilton CollegeHarvard CollegeJohns Hopkins UniversityLehigh University

Loyola UniversityMuhlenberg CollegeNew York UniversityNortheastern UniversityNorthwestern UniversityPrinceton UniversitySkidmore CollegeSyracuse UniversityThe College of New JerseyThe George Washington UniversityUniversity of DelawareUniversity of MarylandUniversity of North Carolina at Chapel HillUniversity of PennsylvaniaUniversity of RochesterUniversity of RochesterUniversity of VirginiaVillanova UniversityYale University