Chesterfield Township School District

2015-2016 School YearProposed Budget

2015/16 Proposed Budget 1

Board Members & Administration

Dr. Terran Brown, Board President Mr. Jignesh Shah, Board Vice-President

Mrs. Laura Bond, Board Member Mrs. Peggy Hallion, Board Member

Mrs. Andrea Katz, Board Member

Mr. Scott Heino, Superintendent

Mr. John Snuffin, Business Administrator/Board Secretary

2015/16 Proposed Budget 2

Enrollment Growth

2010 2011 2012 2013 2014

563 590644

703 728

2015/16 Proposed Budget 3

Enrollment Projections

2014-15 2015-16 2016-17

752

810

833

2015/16 Proposed Budget 4

Challenges of ourIncreasing Enrollment

Need for additional classroom teachersNeed for additional specialistsNeed for additional support staffMaintaining class sizeMaintaining services/programsExpanding services/programsAdditional professional development to support current

teachers and to support new teachersMore students = additional concerns (i.e. discipline,

space, arrival/dismissal procedures, etc.)Developing a budget to address the needs of the school

but not placing additional burden on the tax payer.

2015/16 Proposed Budget 5

Budget HighlightsMaintain All Current ProgramsF/T Classroom TeacherF/T Special Education TeacherP/T Special Education TeacherIncreased Staffing within the BSI ProgramIncreased School Psychologist from P/T to

F/T3 Additional Lunch/Recess Aides (2 hrs./day)Upgrade to our Wireless Infrastructure1 Mobile Lab ( 25 Chromebooks/lab)18 Passenger Wheel Chair Accessible School

Bus

2015/16 Proposed Budget 6

Average Class SizeGrade Sections Number of

StudentsAverage Class

Size

K 5 92* 19*

1 5 98 20

2 5 115 23

3 5 111 23

4 4 88 22

5 5 111 23

6 5 108 22

* Kindergarten numbers are based on current registration information.

2015/16 Proposed Budget 7

Per Pupil SpendingIn Burlington County, Chesterfield is the

second lowest per pupil spending district at $15,974.

Here is how we compare to the districts in our peer group:

District Per Pupil Spending

Mahwah Twp., Bergen $21,090

Cherry Hill Twp., Camden $17,071

Clinton Twp., Hunterdon $20,733

Princeton Regional, Mercer $24,614

Howell Twp., Monmouth $19,386

State Average $19,2112015/16 Proposed Budget 8

Revenue & Savings Investigated the benefits of starting our own before and after care

program Renegotiated agreement with Champions before and after care

program Continue to investigate opportunities to rent classrooms/space to

other institutions Continue to investigate opportunities to cut costs on services such

as transportation In the process of refinancing bonds Investigated alternatives with health benefit plans Investigated alternate funding opportunities such as e-rate and

SEMI (Special Education Medicare Initiative) Established shared services with other districts (i.e. specialists,

transportation, technology support, etc.) Sold old school Insurance settlement for damages as a result of the school fire2015/16 Proposed Budget 9

Total Operating Budget2013-14 $8,005,0182014-15 $8,575,3142015-16 $8,814,999

2015/16 Proposed Budget 10

General Cur-rent Expense $8,814,999

77.23%

Grants $154,341

1.35%

Debt Service $2,444,825

21.42%

Appropriations

2015 - 2016

2015/16 Proposed Budget 11

2015 – 2016 RevenueFund Balance,

$100,281

Local Tax Levy,

$8,152,813

Int., Tuition, Misc.,

$135,136

State Aid, $437,538

Grants, $154,341

Debt Service Aid; $358,059

Debt Service $2,075,997

2015/16 Proposed Budget 12

Revenue 2015-2016Fund Balance $

89,962Local Tax Levy $

8,152,813Interest & Misc Revenue $

132,125State Aid $

437,538Federal Aid $

2,561Total Operating Budget $ 8,814,999

Grants $ 154,341

Debt Service $ 2,444,825

Total Budget$11,414,165

2015/16 Proposed Budget 13

Tax Points & Assessed ValuesTax point 2014 $72,437 Chesterfield

Tax point 2015 $73,092 Chesterfield

Average assessed value of home in Chesterfield 2014 $392,304

Average assessed value of home in Chesterfield 2015 $391,716

2015/16 Proposed Budget 14

Average Home Assessed Value is $391,716

A home assessed at $391,716 will see an $ 87.87 tax increase for the operating budget

$ 212.28Debt service (Already approved)

$ 300.15 Total

2015/16 Proposed Budget 15

Adjustments To Tax Impact From Unexpended Bond Proceeds

The Board adopted a resolution to pay $400,000, principal payment of 2015-16 Debt Service. $100,000 of this is from the new school unexpended bond proceeds.

The remaining $300,000 is from the sale of the old school.

2015/16 Proposed Budget 16

Taxpayers Guide to Education Spending – Sending Districts

Chester field

Mansfield

North Hanover

Spring field

State Average

Total Spending

$15,974 $16,607 $19,738 $23,408 $17,587

Budgetary Cost

$10,879 $12,970 $15,409 $19,342 $13,961

Total Admin

$1,292 $1,434 $1,627 $1,885 $1,496

2015/16 Proposed Budget 17

Budget Adopted by BOE After Adoption of Resolution

BudgetTotal Operating Budget

$ 8,814,999

Total Grants & Entitlements

$ 154,341

Total Repayments of Debt

$ 2,444,825

Totals $ 11,414,165

Local Tax Levy

$ 8,152,813

n/a

$ 1,675,997$ 9,828,810

2015/16 Proposed Budget 18

THANKYOU!

2015/16 Proposed Budget 19