Greenwich Township School District

Proposed Budget

2009-2010Public Hearing: April 2, 2009

Agenda

This presentation provides an overview of our financial expectations for the 2009-2010 school year.

The intention of this budget is to provide curriculum and instruction which will enable all students to achieve the Core Curriculum Standards and implement the proposed planning process as described in the District’s Annual Report.

Superintendent’s Comments

Budget Goals

Total Budget

Revenues

Expenditures

2009-2010 State Aid Summary

2008-2009 vs. 2009-2010

Local Tax Levy Analysis

Ratables

Budget Highlights for 2009-2010

Cost Saving Measures

Perfect Budget Storm

• State and County Pressure

• Loss of Ratables

• Current Economy

• Good News!

• Bad News

• Good News!

STATE BUDGET DOLLARS FOR EDUCATION

1. Hawaii 89.9%

2. Vermont

3. Arkansas

4. New Mexico

5. Minnesota

6. Delaware

7. Washington

8. Michigan

9. West Virginia

10. North Carolina

11. California

12. Nevada

13. Kentucky

14. Kansas

15. Alaska

16. Idaho

17. Alabama

18. Wisconsin

19. Oregon

20. Oklahoma

21. Utah

22. Mississippi

23. Indiana

24. Montana

25. Iowa

1. Hawaii 89.9%

2. Vermont

3. Arkansas

4. New Mexico

5. Minnesota

6. Delaware

7. Washington

8. Michigan

9. West Virginia

10. North Carolina

11. California

12. Nevada

13. Kentucky

14. Kansas

15. Alaska

16. Idaho

17. Alabama

18. Wisconsin

19. Oregon

20. Oklahoma

21. Utah

22. Mississippi

23. Indiana

24. Montana

25. Iowa

26. Arizona

27. South Carolina

28. Wyoming

29. Georgia

30. Massachusetts

31. Missouri

32. Tennessee

33. New York

34. Colorado

35. Ohio

36. Louisiana

37. Maine

38. New Jersey 41.3%

39. Florida

40. Rhode Island

41. Virginia

42. Maryland

43. New Hampshire

44. Connecticut

45. North Dakota

46. Pennsylvania

47. Texas

48. South Dakota

49. Illinois

50. Nebraska 31.5%

2009-2010 Budget Goals

• Continued emphasis on curriculum and instruction toward enhancing student achievement. The District has planned for the purchase of additional textbooks, maintaining the current level of classroom supplies, and increasing technology.

• Continued emphasis on the use of technology toward enhancing student achievement. The proposed budget includes plans to maintain educational programs and updating current technology.

• Continued emphasis on staff development toward enhancing student achievement. Five full day sessions for staff development are planned for 2009-2010.

• Continued emphasis on providing a safe and secure learning environment toward enhancing student achievement. The district has continued to make a commitment in the amounts budgeted in maintenance for both buildings.

2009-2010 Total Budget

General Fund: $11,015,050

Special Revenue Funds:

FEDERAL: No Child Left Behind (NCLB) Title I Part A, Title I I Part A & D, Title IV, IDEIA Part B Basic & Preschool

$ 230,193 STATE: Nonpublic Entitlements (Technology, Textbooks, Basic Skills, Speech, and Nursing)

$ 100,031 Total Special Revenue:

$ 330,224

TOTAL BUDGET $11,345,274

2009-2010 Revenues

Tax Levy: $ 9,394,424 85.3%

State Aid: $ 1,512,648 13.7% Budgeted Fund Balance: $ 0 0% Other Revenues: $ 107,978 1%

General Fund Budget: $ 11,015,050 100%

2009-2010 Revenues:Where the money comes from.

Fund Balance0%

Other Revenues1%

Tax Levy85.3%

State Aid13.7%

5 Year General Fund Revenue Analysis

2005-06 %

Diff .

2006-07 %

Diff .

2007-08 %

Diff .

2008-09 %

Diff .

2009-10

General

Fund:

$10,110,139 3.36% $10,461,586 6.32% $11,123,203 3.74% $11,540,581 -4.55% $11,015,050

Tax Levy: $8,287,803 1.06% $8,376,849 3.68% $8,685,673 4.0% $9,033,100 4.0% $9,394,424

State A id: $1,420,675 0% $1,420,675 4.89% $1,490,186

4.1% $1,552,224 -2.55% $1,512,648

Budgeted Fund

Balance:

$348,994 73.14%

$604,281 41.16% $853,034 2.07% $870,614 *% $0

Other

Revenues:

$52,667 13.5% $59,781 57.75% $94,310 -10.25% $84,643 27.57% $107,978

2009-2010 Expenditures

• Instructional Cost

• Employee Benefits

• Support Costs

• Maintenance/Operation

• Administrative/Business

• Transportation

• Capital Outlay

• Food Service

GENERAL FUND BUDGET

$5,306,577 48.2%

$2,051,636 18.6%

$1,329,938 12.1%

$1,051,621 9.5%

$ 651,940 5.8%

$ 480,342 4.4%

$ 3,000 <.1%

$ 139,996 1.3%

$11,015,050 100%

2009-2010 Expenditures:How the money is spent.

4.4%

12.1%

5.8%

9.5%

18.6%

48.2%

<.1%

1.3% Instruction

Benefits

Maint/Op

Admin/Bus

Support

Transport.

Food Service

Cap. Outlay

2009-2010 STATE AID SUMMARYAmount Percent Change

from 2008-2009

• Adjustment Aid $876,821 +35.54%

• Categorical Special Education Aid $320,808 +9.6%

• Equalization Aid $ 0 %

• Categorical Transportation Aid $245,382 +26.1%

• Categorical Security Aid $ 67,167 +1.8%

• Extraordinary Aid $ 2,470 -94.13%

• OVERALL CHANGE IN AID -$ 39,576 -2.55%

2008-2009 vs. 2009-2010

2008-2009 Budget

$11,540,581

vs.

2009-2010 Budget

$11,015,050

DECREASE of $525,531

or 4.55%

Historical Trend of Tax ImpactSchool Y ear

Total Tax Rate

School Tax Rate

% of Total Tax

Assessed Value

2009-10 ? 1.465 ? $628,876,796

2008-09 3.436 1.366 39.8% $648,346,517

2007-08 3.488 1.385 39.7% $615,649,387

2006-07 3.292 1.310 39.8% $635,671,589

2005-06 3.326 1.373 41.3% $588,372,774

2004-05 3.03 1.325 43.7% $593,340,061

2003-04 2.87 1.22 42.5% $622,504,474

2002-03 2.72 1.13 41.5% $619,191,146

2001-02 2.63 1.10 41.8% $600,017,073

2000-01 2.54 1.06 41.7% $609,689,056

Your 2008 General Tax Breakdown

Tax %Rate

County .774 22.54%

Co. Library .063 1.83%

Open Space .061 1.76%

Dist. School 1.366 39.76%

Local 1.172 34.11%

Total $3.436 100%

County

Library

Open Sp.

School

Local

As of 2008, the Greenwich Twp. School District HAS

THE FIFTH LOWEST* school tax rate in the

county!

2008 County Tax Rate Comparison(Sorted by lowest school tax rate to highest)

Munic ipality School Tax Rate Total Tax Rate % for Schools

Elk Newfield Wenonah Monroe Greenwich West Deptford Paulsboro Deptford Logan Twp. Franklin Twp. Woodbury Heights Harrison Twp. So. Harrison Twp. Clayton Glassboro Mantua Washington Twp. East Greenwich Woolwich Twp. Westville Pitman

1.120* 1.176* 1.324* 1.359* 1.366 1.883 1.895 1.953 1.959 2.145 2.296 2.381 2.391 2.455 2.524 2.635 2.681 2.700 2.768 2.768 2.808

2.199 2.204 2.373 2.549 3.436 4.084 4.752 3.784 3.375 3.980 4.259 3.875 3.562 4.758 5.110 4.684 4.726 4.237 4.605 5.282 5.073

50.93% 53.36% 55.79% 53.32% 39.76% 46.11% 39.88% 51.61% 58.04% 53.89% 53.91% 61.45% 67.13% 51.60% 49.39% 56.25% 56.73% 63.72% 60.11% 52.40% 55.35%

2008 County Tax Rate Comparison(Continued)

Munic ipality School Tax Rate Total Tax Rate % for Schools

Swedesboro Woodbury National Park

2.891 3.105 3.237

5.505 6.251 5.569

52.52% 49.67% 58.13%

School Tax Bill Comparison between 2008 and 2009

School Y ear School Tax Levy Total 2008

School Tax Levy

2008-2009 $9,033,100 1/2 $4,516,550.00

2009-2010 $9,394,424 1/2 $4,697,212.00

$9,213,762.00

2009 Net Valuation Taxable = $628,876,796

2008 School Tax Rate = $1.3665

2009 Proposed School Tax Rate = $1.4651 +9.86 cents

LOCAL TAX LEVY2000-2001 Tax Levy

2001-2002 Tax Levy

2002-2003 Tax Levy

2003-2004 Tax Levy

2004-2005 Tax Levy

2005-2006 Tax Levy

2006-2007 Tax Levy

2007-2008 Tax Levy

2008- 2009 Tax Levy

2009-2010 Tax Levy

Average Increase

$6,530,557

$6,607,888

$7,342,932

$7,851,103

$7,873,033

$8,287,803

$8,376,849

$8,685,673

$9,033,100

$9,394,424

$318,207

RATABLES

2000-2001 Assessed Value

2001-2002 Assessed Value

2002-2003 Assessed Value

2003-2004 Assessed Value

2004-2005 Assessed Value

2005-2006 Assessed Value

2006-2007 Assessed Value

2007-2008 Assessed Value

2008-2009 Assessed Value

2009-2010 Assessed Value

For 2009-2010, a penny is equal to:

$609,689,056

$600,017,073

$619,191,146

$622,504,474

$593,340,061

$588,372,774

$635,671,589

$615,649,387

$648,346,517

$628,876,796

$62,888

RATABLES(CONTINUED)

• If ratables remained the same as in 2008, the overall impact would be a 5.46 cent increase. ($1.3665 to $1.4211)

• With the decrease in ratables of $19,469,721 the overall impact is an increase of 9.86 cents. ($1.3665 to $1.4651) Remember, last year there was a tax decrease of 1.85 cents.

Budget Highlights 2009-2010

• Maintain Full Day Kindergarten.• Continue to provide field trip experiences to grades Pre-K to eight.• Maintain class size within State recommended levels in grades

kindergarten through eight as per NJQSAC.• Maintain the library program at NMS and Broad Street School.• Maintain all academic and extra-curricular activities.• Maintain district-wide technology capabilities.• Emphasis on curriculum and instruction through textbook purchases and

staff development.• Medical plan increase of 15% and Rx plan increase of 5%.• No increase on Property/Liability insurance.• 100% PERS obligation estimated in the amount of $136,879.• Increases in special education tuition and associated costs.• Continue to provide courtesy bussing.• Continue to provide maintenance in both buildings above what is

required as per N.J.A.C. 6:24. • Energy cost increases to operate both buildings.

District Wide Cost Savings Measures• Township provides at no cost: water/sewer, trash removal and recycling

services.• The school district and the municipality have shared-service agreement for

diesel and gasoline for all district vehicles.• Greenwich Twp. School District takes part in the following consortiums to

achieve significant savings for the district:– Electricity and Natural Gas- ACES Program– Purchasing of Xerox paper through Pittsgrove Consortium– Telecommunications-ACT Program– Federal E-rate telecommunications– Member of the drug & alcohol testing consortium ran through Washington Twp.

School District. – Jointures on transportation with Paulsboro and Gateway.– Shared services for guidance counselor with Mantua Twp.– Services provided to Paulsboro for special education students.

• The district participates in shared programs with GCSSSD:– Non-public grant administration programs for textbooks, technology, and nursing

services.– Occupational and physical therapy services. – Transportation for GCIT and special education students.

Annual School Election

April 21, 2009

4:00 p.m. - 9:00 p.m.

Nehaunsey Middle School Gymnasium