DELRAN 2016-17 BUDGET

J AN U A R Y 4

, 2 0 1 6

15 - 1 6 B U D G E T R

E V I EW

DELRAN SCHOOL BUDGET INFORMATION 15-16Average Assessment down $ 1.00: $209,676Estimated tax rate increase: 9.4 centsEstimated increase on amount paid on average assessment:

$197.53Aid per SFRA (15-16): $23,256,890Actual aid 15-16 $11,535,570 ($11,720,320 est. short)BELOW ADEQUACY by: $1,092,613BELOW Administrative Cap: by $719 per studentregion: $1,934 district: $1,215 amount below: $2.15 millionBanked Cap remaining: $336,897Shared Services: communications, natural gas, electric, insurance, student services, instructional services, transportation, ed. Media, curriculum, business services

Because the budget stayed within the statutory cap and because the County Superintendent approved it, there is no budget vote in November

REVENUES: 15-162015-16: New State Aid: $0.00 Fund Balance: $1,665,773 ($621,248 undesignated) Increase Tax Levy: $967,484 at cap with auto adjustments

$250,00 benefits, $150,000 banked capSummary of General Fund Revenues:09-10 $40,256,96710-11 $38,806,70111-12 $37,739,58312-13 $40,563,269 (with cap res. Withdraw and K Ref)13-14 $41,560,046 (with cap res. withdraw)14-15 $41,722,443 (with cap res. withdraw)15-16 $43,647,839 (with $1 million cap res. withdrawl)

Tax levy stayed within the statutory cap

REVENUESBudgeted Fund Balance $1,636,265Capital Reserve withdrawal $1,000,000 Local Tax Levy $29,341,706Miscellaneous Income $80,000State Aid $11,535,570Federal Aid (semi) $30,378Grants $1,136,262Debt Service aid/levy $2,510,463Total Budget $47,294,564

Total budget includes debt service

REVENUES

Fund Bal/Cap Res

Taxes/other

State Aid

Fed/State

GrantsDebt Service

Revenues

Fund Bal/Cap ResTaxes/misc. inc.State AidFed/State GrantsDebt Service

REVENUES

19992001

20032005

20072009

20112013

20152016

$- $5,000,000

$10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000 $45,000,000 $50,000,000

Tax LevyAidBudget

ADJUSTMENT AID:

The Governor and State Legislature could easily make up for the shortfall in aid to Delran by reducing the Adjustment Aid paid to the districts that have lost enrollment since 2000 and are above “Adequacy”. The Commissioner of Education, in the Education Funding Report 2012, (p.57) makes the Statement that the Adjustment Aid must be reduced and redistributed or it will cost taxpayers. (p.57) However, the politicians in Trenton block this action (p.57). The State Aid for 2015-16 shows no reduction to districts that receive adjustment aid. Our elected officials do not have the political will to do the right thing (p.57). Delran’s 2015-16 budget shows that we spend $1.09 million below “Adequacy” or an adequate amount to educate a child in NJ. The districts that are receiving this Adjustment Aid are well above “Adequacy” and spend well above (as high as $50 million above) what the State says is an adequate amount to spend to educate a child in NJ..

ADJUSTMENT AID:

With the tax levy cap we cannot reach adequacy without an increase in State Aid. Translation – we spend about $12,500 per student and these Adjustment Aid districts spend $20,000 + per student. Not all of these districts are poor some are very wealthy districts. There is enough money in the Governor’s education budget to fund all appropriately if it were distributed correctly. I am not crying for more money in his budget, just the proper distribution

APPROPRIATONSInstruction $20,527,458 $522,700 increase: salaries, supplies, tuitionInstructional Support $ 4,608,090 $169,833 increase: salaries, supplies, Administration$ 2,939,877 $31,425 DECREASE: leases, salaries, supplies, purch. serv., phonesOps/Maintenance/Transp. $ 7,029,198 $81,414 DECREASE: Energy, bus routes, supplies, repairsBenefits $ 7,513,606 $386,702 increase: Projected State Health Increase (employees pay $853,235 toward premium)Capital Expenditures $ 1,029,610$959,000 increase: DIS playground, MS roof project – ROD Grant, $20,110 SDA assessmentTotal General Fund $43,647,839

Increase in fund 11: $966,396 or 2.3% Increase in fund 11+12: $1,925,396 or 4.6% (w/MS roof cap reserve)

Cuts to anticipated appropriations: $813,452

APPROPRIATIONS 15-16

Instruction

Administra-tion

Ops/Maint/Transp

Benefits

Capital Expend.

General Fund

InstructionAdministrationOps/Maint/TranspBenefitsCapital Expend.

APPROPRIATIONS 15-16

DIS

Millbridge

DMS

DHS

Admin/Insurance/Lease

Maint./Transp./Energy

Payroll/Benefits

CST/Tuition

Curriculum

Special Ed

Interp - CST

Technology

Cap. Reserve01

0203

0405

0708

/05

1011

1214

15-

0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00%

0.33%

0.33%

0.43%

1.33%

2.82%

14.40%

72.27%

6.03%

0.41%

0.09%

0.02%

1.37%

0.17%

0.31%

0.31%

0.41%

1.16%

2.43%

13.58%

71.03%

6.60%

0.49%

0.08%

0.03%

1.25%

2.34%

General Fund Budget Comparison w/ Banked Cap (%)

15-1614-15

APPROPRIATIONS 15-16

DISMillbridge

DMSDHS

Admin/Insurance/LeaseMaint./Transp./Energy

Payroll/BenefitsCST/TuitionCurriculumSpecial Ed

Interp - CSTTechnology

Cap. Reserve01

0203

0405

0708

/051

011

1214

15-

- 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 35,000,000 136,730

137,690

181,361

553,212

1,176,615

6,008,752

30,154,424

2,515,673

169,976

38,400

9,000

570,000

70,610

134,230

135,191

176,861

505,212

1,060,420

5,925,269

31,002,245

2,878,607

215,294

35,400

12,000

546,500

1,020,610General Fund Budget Comparison w/ Banked Cap ($ Value)

15-16 14-15

PER PUPIL COST 15-16Per Pupil Cost Calculations 12-13 13-14 14-15 15-16 Total budgetary per pupil cost $11,779 $11,952 $12,350 $12,579Total classroom instruction $ 6,841 $7,024 $7,321 $7,505Classroom salaries/benefits $ 6,369 $6,626 $6,859 $7,070Classroom supplies/texts $ 295 $239 $270 $239Classroom purchased services $ 187 $159 $191 $195Total support services $ 1,890 $1,877 $1,882 $1,967Support serv. salaries/benefits $ 1,676 $1,629 $1,673 $1,738Total administrative costs $ 1,227 $1,221 $1,213 $1,215Admin. salaries/benefits $ 904 $958 $921 $942Legal costs $ 39 $40 $30 $22Total Ops/Maint/Transp $ 1,476 $1,492 $1,597 $1,559Ops/Maint/Transp salaries/ben. $ 350 $339 $355 $357Board to food services $ 0 $0$0$0Total Extracurricular Costs $ 330 $333 $332 $327Total Equipment Costs $ 70 $12 $0$3Benefits as a % of salary 27.95% 29.55% 30.95% 31.99%

COMPARATIVE SPENDING 13-14 ACTUALS (TGES)

Revenue Sources: 34.4% State 62.8% Local 2.5% Federal .3% Tuition/0ther

Comparison of K-12 1801-3500 students (73)Lowest: 1 Highest: 73

Cost per pupil: $11,952 Rank 9CLASSROOM EXPENDITURES $7,024Rank 9Percent of budget/pupil 58.8%

CLASSROOM SALARIES/BENEFITS $6,626Rank 10Percent of budget/pupil 55.4%Sal/ben as % of classroom expenditure 94.3%

COMPARATIVE SPENDING 11*12 ACTUALSCLASSROOM SUPPLIES/TEXTS $239Rank 20Percent of budget/pupil 2.0%

CLASSROOM PURCH/SERV $159Rank 49Percent of budget/pupil 1.3%

SUPPORT SERVICES (cst,guid,nurse/doc) $1,877Rank 21Percent of budget/pupil 15.7%

SALARY/BENEFITS for support serv $1,629Rank 18Percent of budget/pupil 13.6%Sal/Ben as % of support/serv 86.8%

COMPARATIVE SPENDING 11-12 ACTUALS

ADMINISTRATION $1,221Rank 7Percent of budget/pupil 10.2%

SAL/BEN for administration $958Rank 3Percent of budget/pupil 8.0%Sal/ben as % of admin 78.5%

LEGAL SERVICES $40Rank 45Percent of budget/pupil 0.30%

COMPARATIVE SPENDING 11-12 ACTUALSOPERATIONS/MAINT/TRANSP $1,492Rank 25Percent of budget/pupil 12.5%

SAL/BENEFITS for Ops/Mt/Trp $335Rank 7Percent of budget/pupil 2.8%Sal/Benefits as % of Ops/Mt/Trp 22.7%

BOARD CONTRIBUTION Food Service $0.00

EXTRA CURRICULAR $333Rank 21Percent of budget/pupil 2.8%

COMPARATIVE SPENDING 11-12 ACTUALS

ClassroomCST, Guid,Health

Admin/Legal

Ops/Main/Tranp

Extracurricular

Per Pupil

ClassroomCST, Guid,HealthAdmin/LegalOps/Main/TranpExtracurricular

2016-17 BUDGET GF AND TAX LEVY HISTORY JAN. 4, 2016

General Fund FY 11-12 FY 12-13 FY 13-14 FY 14-15 FY 15-16

37,334,748 39,499,648 40,929,456 41,692,026 42,618,229

Increase in GF Yearly: 2,164,900 1,429,808 762,570 926,203

Tax Levy 25,383,164 26,290,827 26,816,644 28,374,222 29,341,706

Incr. in levy yearly: 907,663 525,817 1,557,578 967,484

2016-17 BUDGET GF AND TAX LEVY HISTORY JAN. 4, 2016

General Fund Tax Levy Impact::12-13 13-14 14-15 15-

16NTV -$155 million -$1.14 million -$5.06 million -

$3.6 million

Tax Amt $36.90 ($66 after ref.) $122.43$149.73 $197.53

Rate Inc. $.225 $.056 $.071$.094

Assess, $209,349 $209,630$209,677 $209,676

down $25,061 up $281 up $47down $1

2016-17 BUDGET ESTIMATES JAN. 4, 2016

2016-17 Budget Projections:

BUDGET IS REVENUE BASED

Stressors:Excess Fund Balance:  

Health Care Increase (est.)  

Salary Increase (est.) (0 new)

Spec Ed. Increase (est.)

13-14 984,685 636,540 542,011 250,000

14-15 536,532 -305,000employee share 0 0

(less) 448,153 331,540 542,011 250,000

Estimated Increases:

1,571,703(including excess fund balance shortfall)

2016-17 BUDGET ESTIMATES JAN. 4, 2016

Spent 14-15 budget down 98%Prior year 96.9%, historically it has been 96% or less

Rationale for anticipated appropriation increases:

Health Benefits: 6,365,396above increase at 10%

Salaries: 24,636,849above increase at 2.2%

Spec. Ed. 15-16 increases:

Instruction: 210,734 Not included:

CST: 20,071 Transportation

Tuition: 273,411 Curriculum

15-16 Increase: 504,216

2016-17 BUDGET ESTIMATES JAN. 4, 2016Revenue:

2% on levy 586,834 Tax Levy Increase:1,123,73

1Banked Cap 336,897Health SGLA 200,000New Revenues: 1,123,731

Difference: 447,972(revenue shortfall to appropriations)

Taxes:If value of community doesn't change and value of average home assessment doesn't change:

Tax increase per average assessment: $157 Tax rate change: 7.5cents

2016-17 BUDGET

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