Public School District Budget Presentation Overview
"Learn about the annual public hearing on the school district budget, highlighting financial details, facility maintenance, and capital projects. Stay informed about budget timelines, revenue sources, and expense allocations for a fiscally conservative approach towards maintaining a premier PK-8 public school district in New Jersey."
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Presentation Transcript
Matthew A. Spelker, Ed.D. Edward Appleton Matthew A. Spelker, Ed.D. - Superintendent Edward Appleton - Business Administrator May 3, 2021 1
Davor Gjivoje President Alex Anastasiou Vice President John Flynn Abi Singh* Richard Bruno* * Members Facilities and Finance Committee 2
The Public Hearing on the Budget is an annual presentation required by NJDOE. This Public Hearing was advertised by the district in the April 15th edition of the Observer Tribune. Tonight s presentation includes: Budget highlights Revenues Expenses Tax levy impact 3
A fiscally conservative budget Meets all 21/22 budget guidelines. Maintains staffing configuration, co-curricular activities, and small class size. Budgets money for professional development and curriculum writing. 4
Money has been budgeted for facility maintenance and planning for capital projects- Security upgrades, maintenance, HVAC-Middle School 1st floor, Gym Roof repair, and Long-Range Facilities Plan projects. Provides adequate financial resources for yet-to-be named 21/22 district goals. This budget allows for HTS to maintain its position as one of the premier PK-8 public school districts in New Jersey. 5
Timeline Fall 2020 Timeline Budget Process Budget Process Facilities and Finance Committee meetings; Administrative meetings Preliminary Budget Report State Aid Data Released Tentative BOE Facilities and Finance Committee meetings; Administrative meetings Preliminary Budget Report State Aid Data Released Tentative Budget unanimously approved by BOE 2/8/21 2/23/21 3/8/21 Budget unanimously approved by 3/9/21 3/18/21 5/3/21 7/1/21 Tentative Budget submitted to ECS Tentative Budget approved by ECS Public Hearing on the Budget Fiscal year begins Tentative Budget submitted to ECS Tentative Budget approved by ECS Public Hearing on the Budget Fiscal year begins 6
Revenues: State Aid reduction of $37,000 Tuition Revenue down $17,000 Tier IV Health Contributions down $38,000 Revenues: Expenses: HEPA Filters for all class/office spaces- $24,000 HVAC Ionizers- $21,000 Desk Partitions- $8,000 PPE( masks, face shields, gloves) sanitizing stations, cleaning materials, Therma-scan thermometers- $11,000 Miscellaneous- approximately $10,000 Expenses: TOTAL Negative impact on budget: TOTAL Negative impact on budget: $166,000 $166,000 7
Budget Year(s) Budget Year(s) Local Local Tax Levy Increase Tax Levy Increase 1997 1997- -2011 (average) 2011 (average) 6.01% 6.01% per year average per year average 2011 2011- -2017 2017 2.38% 2.38% per year average per year average 2017 2017- -2022 2022 2.23% 2.23% per year average per year average levy of 2.84% (with use of banked cap/ Primarily driven by Covid levy of 2.84% (with use of banked cap/ Primarily driven by Covid- -19 * Inclusive of 2021 enrollment adjustment). extraordinary expenses. * Inclusive of 2021- -2022 tax enrollment adjustment). extraordinary expenses. 2022 tax 19 8
1997 1997- -2022 2022 7.00% 6.01% 6.00% 5.00% 4.00% 3.00% 2.38% 2.23% 2.00% 1.00% 0.00% 1997-2011 2011-2017 Local Tax Levy Increase 2017-2022 9
$ State Aid $ State Aid $ Change $ Change % Change % Change 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2020-2021 $364,473 0 $181,191 $225,137 $225,137 $233,677 $233,677 $238,834 $272,118 $406,173 $440,532 $462,201 N/A N/A (100%) N/A 24.3 % 0 % 3.8 % 0 % 2.2 % 14 % 49 % 8 % 5 % ($364,473) $181,191 $43,946 $0 $8,540 $0 $5,157 $33,284 $134,055 $34,359 $21,669 2021-2022 $532,750 $70,549 15 % 10
$600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 11
2009 2009- -2010 2010 2021 2021- -2022 2022 Categorical State Aid $364,473 $532,750 Categorical State Aid as a Percentage of the Budget 3.97% 4.20 % 12
Year Saved Year Saved $ Amount $ Amount Year Expires Year Expires 2012-2013 $82,496 2015-2016 Added to 15/16 budget $52,401 Added to 16/17 budget $0 $0 $0 $51,437 Added to 20/21 Budget $275,249 2013-2014 2016-2017 2014-2015 2015-2016 2016-2017 2017-2018 N/A N/A N/A 2020-2021 2018-2019 2021-2022 (Only $90,392 used in 21 from $275,249 available, created by expenses outlined and 15) 2022-2023 N/A N/A Only $90,392 used in 21- -22 from $275,249 available, created by expenses outlined in slide 7 and 15) 22 in slide 7 2019-2020 2020 2021 $20,000 $0 $0 2020- -2021 2021- -2022 2021 2022 $0 N/A 13
2020 $10,798,662 $79,284 $9,300 $9,000 $63,500 $189,000 $462,201 $247,255 $365,000 $250,000 $134,832 $0 $0 $36,000 $12,644,034 2020- -2021 2021 $ Changes $306,365 ($14,884) ($300) $-0- $1,784 ($189,000) $70,549 $2,745 $3,260 $-0- $68,912 $-0- $-0- ($36,000) $213,431 $ Changes 2021 $11,105,027 $64,400 $9,000 $9,000 $65,284 $-0- $532,750 $250,000 $368,260 $250,000 $203,744 $-0- $-0- $-0- $12,857,465 2021- -2022 2022 Local Tax Levy Tuition PK-8 Transportation Fees Building Usage Fees Misc. Revenue Prior-Year Deferred Rev. State Aid (categorical) Extraordinary Aid (SE) Budgeted Fund Balance Capital Reserve Special Revenue Debt Service (Tax Levy) Debt Service Aid Non-Public Transportation TOTAL TOTAL $12,644,034 $213,431 $12,857,465 14
Revised 2020 Revised 2020- -2021 $ Changes $ Changes 2021 2021- -2022 2022 2021 Gen. Ed. Instruction Sp. Ed. Instruction Special Ed. Tuition & Madison Tuition Support Services Imp. Instruction Gen. Admin. School Admin. Central Services/IT Operation/Plant Transportation Employee Benefits TOTAL $2,493,309 $1,024,542 $2,921,855 ($2,540) ($25,550) ($45,135) $2,490,769 $998.992 $2,876,720 $1,200,359 $172,457 $393,347 $80,100 $212,367 $1,127,659 $1,235,613 $1,376,068 $12,237,676 $24,049 $8,462 $32,215 $2,616 $16,000 $72,206 ($27,768) $72,206 $126,761 $1,224,408 $180,919 $425,562 $82,716 $228,367 $1,199,865 $1,207,845 $1,448,274 $12,364,437 TOTAL $12,237,676 $126,761 $12,364,437 15
Revised 2020 Revised 2020- -2021 $ Changes $ Changes 2021 2021- -2022 2022 2021 Total- Fund 11 Operating Budget Total Fund 12 Capital Outlay Total Fund 10 Charter School Total Fund 20 Special Revenue Total Fund 40 Debt Service TOTAL $12,237,676 $126,761 $12,364,437 $309,284 ($20,000) $289,284 $0 -0- -0- $134,832 $68,912 $203,744 $0 -0- -0- TOTAL $12,681,792 $12,681,792 $175,673 $175,673 $12,857,465 12,857,465 16
In 2012, Gov. Christie signed legislation that eliminated the need for the public to vote on the school budget if it remains at or below the 2% tax levy cap, including specific exemptions such as banked cap, enrollment adjustment, or the health benefits waiver. On 2/13/12, the Harding BOE adopted a resolution to move the annual school election to November. Since the 21/22 budget is within the budgetary guidelines allowing for a 2% increase and use of banked cap, it will not be on the ballot in November. 17
Board member questions Public comment/questions 18
