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PowerPoint Presentation - Point Pleasant Beach Board of Education

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					Point Pleasant Beach
Board of Education




 2011-2012 School Budget - Tentative
 Goals of the Budget

↠Maintains the Quality Educational Programs

↠Contains Costs at Reasonable Levels

↠Continues to Attack Maintenance Issues

↠Expands Our Technology Efforts
  Budget
Development
                                                                  Taxes
  Process
                                              Misc. Revenue
                Revenue =                      - Investment
                                                                                State & Federal
                                                                                      Aid
                                                  Income

School Budgets are now REVENUE
          driven budgets

This is all done within fiscal constraints:
                                                                                   Tuition
                                              Debt Service
                                                                                   Revenue
 State Imposed Tax Levy Caps (2%)

   Increase in State Aid: $97,281 –
                                                              Private Tuition
          using for tax relief

       Decreasing state funding
          (cut $713,795 last year)

      Decreasing federal funding

   Decreasing investment income
   Budget
 Development
   Process                                                            Salaries


                                                Instructional
             Expenditures =                       Supplies
                                                                                         Benefits



    Very little discretionary monies


Must fit within a Tax Levy Cap (2%)          Textbooks                                       Utilities



      Includes ALL increases
                                                          Tuition and
                                                                                 Insurance
   Additional state requirements                         Transportation

 (increases in HS graduation requirements,
            NJQSAC, Prof Dev)


         Insurance increases

           Benefit increases
      What makes a
    successful budget

• Addresses Student Needs     • Must Include Cost Containment
                                Measures
                                •   Shared Superintendent
• Fiscally Sound                    (Bay Head pays slightly more than 25% of his
                                    overall compensation)
                                •   Shared Child Study Team
• Meets State Mandates              (sending districts pay slightly more than
                                    25% of the overall cost of CST members)
  • Core Curriculum Content     •   Shared High School Music
                                    Teacher
    Standard
                                •   Cooperative Sports
                                    (Hockey, Swimming and Gymnastics)
                                •   Special Education Services
                                •   Transportation
                                •   Utility Cooperatives
                                •   Supply Cooperatives
   Alternative
    Revenue &
     Beyond
           Private Tuition

         Transportation Fleet

         Integrated Preschool

      Refinance of Existing Bond

     Extracurricular Sponsorships

Private Donation of Goods and Services

   Point Pleasant Beach Education
             Foundation

    Antrim and High School PTOs
   Recent
Educational
 Initiatives

Technology Initiative (expansion)

Dual Credit Program (expansion)

 Response to Intervention (RTI)

Reading Program Enhancement

 Full Day Integrated Preschool
    Dollars and Cents
 Increase in State Aid: ($97,281)    Budget does not include any
  Additional State Aid being           special waivers
  used for Tax Relief
                                      Debt Service payments include
                                       the Antrim Debt as well as the
 Loss in Tax Ratables                 High School Debt – Includes the
  ($17,599,935)                        refinance cost savings ($86,528)
 2011-2012 School Budget is          Federally Funded Programs are
  below the District Tax Levy          Reduced an average of 15%
  Cap
                                      Continue to be responsible for
 Tax increase of $.0085 per           the PERS Pension Liability
  $100 of assessed value              Investment income down
 $58 increase in the annual          Debt Service Assessment:
  school taxes on the average          ($32,386)
  home assessed at $691,281
       budget
      Snapshot
Overall the budget has the following
reductions while maintaining the
existing programs:
    Two (2) less administrators
    One (1) less teacher
    One (1) less staff member
    Departmental budgets cut 5%
    Staff salary savings due to
    retirements

     Overall budget is $55,058 LESS
        than the current budget!
        Additional Dates
               to
           Remember

Thursday, March 3, 2011 – Adoption of Tentative Budget

Tuesday, March 22, 2011 – Public Hearing on the Budget

  Wednesday, April 27, 2011 – School Board Election
            Garnet Gulls
Questions
   &
Answers
Point Pleasant Beach
Board of Education




 2011-2012 School Budget Tentative

				
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