Harding Township School 2022-2023 Budget Report Highlights
Discover the key aspects of Harding Township School's 2022-2023 budget, including district goals, operating budget details, and budget process insights. Explore how the budget supports educational priorities, addresses learning gaps, and promotes social-emotional well-being within the school community.
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Presentation Transcript
1 Harding Township School Preliminary Budget Report Matthew A. Spelker-Superintendent Beverley Vlietstra-Interim Business Administrator January 24th, 2022
2 Board of Education Mr. Davor Gjivoje - President Dr. Alex Anastasiou - Vice President Mr. Abi Singh Mr. Richard Bruno Mrs. Melissa Krikos
3 2021-2022 District Goals To identify reentry learning gaps and measure the academic progress of our students through the administration of pre- and post-grade-level assessments in Reading, Math, and Writing that correlate with the NJSLS standards and Reader s/Writer s Workshop. To provide Harding Township students with the social media skills to be safe and responsible digital citizens and learners. To expand student exploration opportunities, such as (examples), Husky TV, debate, a student newsletter, and other feasible collaborative projects that empower students to become active participants in their learning. The Harding Township School will continue to address the social, emotional, and recovery needs of all of its members by providing additional opportunities for social emotional learning for students and faculty as well as promoting practices and strategies for wellness The proposed 2022-2023 budget will support yet to be named goals for the 2022-2023 school year.
4 2022-2023 Operating Budget The operating budget is: A statement, in financial terms, of the district s educational priorities. A reflection of the community s values (small class size, technology, co-curricular activities, facilities maintenance, etc.) A management tool that projects and balances the district s revenues and expenses. A collective document BOE, Administration, Parents, Staff, Community.
5 2022-2023 Operating Budget I Limited by a +2.0% cap (plus allowable statutory exemptions) on the local tax levy NOT the total budget. (Exemptions...e.g., health benefits). Zero-based budgeting is used across the district s budget planning process. NOT developed by increasing each line by a certain percentage.
6 2022-2023 Operating Budget II Projections are made up to 17 months in the future. For example, budget (revenues and expenses) estimates made in January 2022 will have to remain accurate until June 30, 2023! Our budget has many line items that are increasing at a faster than 2% rate. These items include salaries, health benefits, extra-ordinary expenses (Covid/19-PPE), and special education. These items crowd out other portions of the operating budget.
7 Budget Process Audit health benefits roster. (completed) Principal curriculum items. (completed) Review CAFR, the 21/22 budget and plan ahead for 22/23 operating budget. (completed) Refine and update position control roster. (completed) Forecasting and budgeting for Out Of District placements for 2022-2023. (ongoing) Refine extra-ordinary revenue (tuition, federal grants, state aid) estimates for 2022-2023. (ongoing and uncertain)
8 Budget Process Factors affecting the operating budget: Maintaining small class size. Continued technology upgrades. Curriculum development and support. Ongoing maintenance needs. Student achievement. Increases in health benefits premiums. Enrollment - predicted to be flat. Professional development and other unfunded mandates. HTEA salary increases as per the collective bargaining agreement. (Last year of 3 year agreement)
9 Revenue State aid Tuition revenue Budgeted fund balance $ 414,750 + $46,310 Federal grants $ 153,919 -$49,825 Misc. revenue $ 62,500 -$2,784 Transportation fees $ 9,000 Extraordinary Aid $ 250,000 Unchanged Building usage fees $ 9,000 Unchanged Tier IV/health benefits $ 266,881 +46,881 contribution $ 532,750 Unchanged $ 64,400 Unchanged Unchanged
10 State Aid $364,473 $0 $181,191 $225,137 $225,137 $233,677 $233,677 $238,834 $270,110 $406,173 $440,532 $462,201 $532,750 $532,750 (Projected) 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020- 2021 2021-2022 2022-2023
11 Local Tax Levy 1997-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022 2022-2023 +6.01% (average across 15 years) +1.96% +1.78% +1.50% +2.60% +3.32% +2.90% + 1.48% +2.51% +1.81% +2.49% (with use of banked cap) +3.52% (with use of enrollment adjustment) * * Driven by Covid-19 extra-ordinary expenses +2.00% projected
12 Expenses COVID-19 related costs- uninvent ionizers, PPE supplies, HEPA air filtration for every classroom and workspace (offices), cleaning supplies, sanitization stations. HTEA salary increase (as per CBA). Health benefits premiums increase, loss of employee contributions. Dental benefits premiums increase. OOD special education tuition +3-5%. Facilities improvements Capital improvement HVAC- MS ventilation, Roof maintenance, access ramps and stairways MS and Elementary buildings
13 The Preliminary 2022-2023 Budget Includes Funding Likely continued expenses due to Covid-19 Genesis. School Messenger Instant Alert. Safety upgrades. T-Eval/Marshall Model. STAR assessment program. Rubicon online curriculum tool. My Learning Plan. My School Building/School Dude. AESOP (staff attendance and substitute procedures). Applitrack (human resources tool). School Wires (website management). Safe Schools (staff professional development). CDK (accounting software). Professional development and curriculum development. Technology upgrades. Capital improvements.
14 Banked Cap Year Saved $ Amount Year Expires 2012-2013 $82,496 2015-2016 2013-2014 $74,390 2016-2017 2014-2015 $0 N/A 2015-2016 $0 N/A 2016-2017 $0 N/A 2017-2018 $51,437 2020-2021 (used) 2018-2019 $275,249 Used $163,725 of total 2021-2022 (Harding Township School did not use $111,524 available in banked cap)
15 General Timeline Oct.-Dec. Administrative meetings completed November 1st - Budget guidelines were approved by the BOE January 24th Preliminary Budget Report presented to BOE and the public. Late February State aid figures expected to be released March 7th Tentative budget presented to BOE and the public. March/April Tentative budget submitted to ECS for approval May 2nd Public hearing on the budget at the BOE meeting. July 1 New fiscal year begins
16 Board Members/Public QUESTIONS?
