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CALIFON School District. BUDGET 2013-2014. Califon Elementary Provides:. Preschool program-5 days per week Full day kindergarten program Small school/community environment New educational initiatives – expanded literacy DRA2 Guided Leveled Readers Literacy Coach Math Enrichment/Geometry - PowerPoint PPT Presentation
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CALIFONSchool District
CALIFONSchool District
BUDGET 2013-2014
Califon Elementary Provides:
•Preschool program-5 days per week•Full day kindergarten program•Small school/community environment•New educational initiatives – expanded literacy
• DRA2• Guided Leveled Readers• Literacy Coach
•Math Enrichment/Geometry•Study Island – Online LAL/Math tutorials•Academic Support•World Language studies •Sports teams, extracurricular activities •Class Trips (NYC, Williamsburg, Washington, DC)
Califon is Efficient with Funds
• Shared service contracts to reduce costs
• All staff pay for benefits• Current Year General Fund Levy
increase of only .065%. State Cap is 2%• School Choice District in 2013-14 to
generate revenues• Leasing van to transport:
– Out of District Placements– Field Trips, Academic Competitions
• AESOP-staff attendance/substitute
Shared Services
In order to maintain our school, we have had to find alternative ways to provide services.
Sharing Resources:
• Business Administrator-Frenchtown/Milford
• Transportation- Tewksbury, NHVRHS, DVRHS, HC Educational Services Commission.
• Staff development/ teacher evaluation/student information system software shared with neighboring districts.
• Sending Special Education Students-– High Bridge, Lebanon Township
• Competitive Bidding/joint purchasing – HCESC, ACT (telephone), ACES (electric) Middlesex Regional ESC
Budget Overview
The Budget consists of four Main Funds.
1. General - $2,330,302
2. Capital Outlay - $0.00
3. Special Revenue - $52,022
4. Debt Service - $170,185
Goals for Budget
• Provide information to the community regarding the budget process
• Maintain existing programs
• Continue to provide a rigorous academic program for our students
• Keep our local property taxes under control
General Fund
• Traditional functions of the School
– Staff Salaries and Benefits– Educational Support Functions– Instructional Supplies– Purchased Instructional Services– Administrative Support– Maintenance and Upkeep of the Facilities– Transportation
Capital Outlay Fund
• Capitalized Expenditures
Special Revenue Fund
Resources that are restricted in their use
• Federal Grants (IDEA, NCLB, REAP) – IDEA $31,334, NCLB $1,503, REAP $19,185
• Other Fund Raising
Debt Service
Pay off debt on previous voter approved
commitment(s)
Currently have $1,415,000 remaining on a $1,935,000 voter approved school renovation project from 2006. This debt will be paid off in 2021.
Note: Maximum debt allowed by law is 3% of the average equalized assessed values of the total taxable property in the District for the past three years.
REVENUES...Where The $ Comes From
REVENUES...Where The $ Comes From
2011-2012
Actual
2012-2013
Budget
2013-2014 Anticipated
Local $1,986,271 $2,031,886 $2,035,376
State $240,635
($52,249) Revenues over Expenditures
$4,307 (Job Ed Fund)
$249,050
$24,516 (prior year encumbrance)
$294,926
Includes School Choice Aid of $45,876.
Special Revenue $80,141 $68,200 $52,022
Fund Balance
Used
$13,106(11-12’ State Aid)
Debt Service $169,385 $169,885 $170,185
Total $2,428,490 $2,556,643 $2,552,509
2013-14 ANTICIPATED REVENUES
$2,017,876.00, 78%
$0.00, 0%
$294,926.00, 11%
$52,022.00, 2%
$17,500.00, 1%
$170,185.00, 7%
TAX LEVY
FUND BALANCE
STATE AID *
SPEC. REV
MISCELLANEOUS
DEBT SERVICE
2013-14 General Fund Expenditures
Tax Impact
2010 2011 2012 2013Average Home Value
$369,600 $328,113 $327,878 $327,878
Tax Rate
(Per 100s)1.223 1.397 1.432 1.464
Tax Due for average home
$4,522 $4,585 $4,695 $4,802
For 2013 – School Tax Levy increase for average homeowner would translate to $106.98 annually. ($8.92 per month)
Alfred Turello
Dr. Debra Sheard
Susan Schaffner