GTSD 2016-2017 Budget Presentation delivered by Mr. Scott Campbell to the Board of Education at the April 25, 2016 Public Budget Hearing.

1. Proposed Budget
2016-2017
Public Hearing: April 25, 2016

2. Agenda
This presentation provides an
overview of our financial
expectations for the 2016-2017
school year.
The intention of this budget is to
provide curriculum and instruction
which will enable all students to
achieve the Core Curriculum
Standards and implement the
proposed planning process as
described in the District’s Annual
Report.
 Superintendent’s Message
 Budget Goals & Priorities
 Total Budget
 2016-2017 State Aid
Summary
 School Tax Calculation
 Ratables
 Budget Highlights for 2016-
2017
 Cost Saving Measures
Budget Overview 2016-2017

3. Superintendent’s Message
Five Areas for Consideration when
preparing the budget:
• Maintaining Our School System
• Raising Our Standards and Expanding
Opportunities
• Building Professionalism
• Protecting Our Investment
• Planning for the Future
Budget Overview 2016-2017

4. GTSD
Maintaining Our School System- keeping the best of what we already have
Raising Our Standards and Expanding Opportunities: raise the content of what we
teach, how we teach it, and how our students engage with it
Building Professionalism: ensuring that our faculty and staff have all of the skills
necessary to make a difference for our students and community
Protecting Our Investment: safeguarding our current assets
Planning for the Future: creating both short- and long-term plans to meet
upcoming needs, avoid fiscal imbalance, and achieve the goals and objectives of
our stakeholders.
Budget Overview 2016-2017

5. 2016-2017 Budget Goals
• Continued emphasis on curriculum and instruction toward enhancing student achievement.
The District will continue to maintain/enhance the current level of ALL instructional
programs (core subjects, related arts, specialized programs).
• Maintain ALL teaching staff positions and sustain low class sizes.
• Continued emphasis on the use of technology toward enhancing student achievement.
The proposed budget includes plans to maintain and improve educational programs and
maintain/enhance current technology.
• Continued emphasis on staff development toward enhancing student achievement through
an emphasis on increasing the rigor of the content, increasing teachers’ knowledge and
skill when teaching that content, and increasing our students’ intellectual engagement with
the content.
• Continued emphasis on providing a safe and secure learning environment toward
enhancing student achievement. The district has continued to make a commitment in the
amounts budgeted in maintenance for both buildings. Also, the district is continuing to
make deposits into its Capital Reserve Account and establishing a Maintenance Reserve
Account.
Budget Overview 2016-2017

6. 2016-2017 Total Budget
General Fund: $11,638,412
Special Revenue
Funds:
FEDERAL: No Child Left Behind
(NCLB) Title I Part A, Title II
Part A, & IDEA Part B Basic &
Preschool
$ 262,260
STATE & Local: Nonpublic
Entitlements (Textbooks, Basic
Skills, Speech, Security,
Technology and Nursing) &
NJSIG Grant
$ 75,568
Total Special
Revenue: $ 337,828
TOTAL BUDGET $11,976,420
Budget Overview 2016-2017

7. 2016-2017 STATE AID SUMMARY
Amount Dollar Change
from 2015-2016
• Adjustment Aid $410,720 $0
• Special Education Categorical Aid $346,767 $3,808
• Transportation Aid $272,578 -$76
• Security Aid $ 86,030 $1,195
• PARCC Readiness Aid $ 5,670 $0
• Per Pupil Growth Aid $ 5,670 $0
• Prof. Learning Community Aid $ 5,510 $5,510
• OVERALL CHANGE IN AID $10,437

8. Enrollment & State Aid
 District Enrollments as of October,
includes out-of-district placements:
• October 2015: 563
• October 2014: 569
• October 2013: 577
• October 2012: 610.5
• October 2011: 605
• October 2010: 607
• October 2009: 642
 State Aid over the last seven years:
• 2016-2017: $1,132,945
• 2015-2016: $1,122,508
• 2014-2015: $1,122,508
• 2013-2014: $1,111,168
• 2012-2013: $1,091,720
• 2011-2012: $1,070,237
• 2010-2011: $ 960,086
Budget Overview 2016-2017

9. 2016-2017 STATE AID SUMMARY
(Under the New Jersey School Funding Reform Act of 2008)
Amount Dollar Change
from Actual
• Adjustment Aid $636,607 $225,887
• Special Education Categorical Aid $451,768 $105,001
• Transportation Aid $270,490 -$2,088
• Security Aid $118,975 $32,945
• PARCC Readiness Aid $ 5,670 $0
• Per Pupil Growth Aid $ 5,670 $0
• Prof. Learning Community Aid $ 5,510 $0
• OVERALL CHANGE IN AID $361,745

10. Historical Trend of Tax Impact
School Year Total Tax Rate School Tax Rate % of Total Tax Assessed Value
2015-16
2014-15
2013-14
2012-13
2011-12
2.974
2.846
2.788
4.176
3.785
1.272
1.185
1.090
1.705
1.504
42.8%
41.6%
39.1%
40.8%
39.7%
$764,471,237
$815,198,987
$872,335,585
$569,096,803
$655,710,713
2010-11 3.882 1.555 40.1% $615,888,016
2009-10 3.705 1.465 39.5% $628,876,796
2008-09 3.436 1.366 39.8% $648,346,517
2007-08 3.488 1.385 39.7% $615,649,387
2006-07 3.292 1.310 39.8% $635,671,589
2005-06 3.326 1.373 41.3% $588,372,774
2004-05 3.03 1.325 43.7% $593,340,061

11. Your 2015 General Tax Breakdown
Tax %
Rate
County .633 21.28%
Co. Library .048 1.61%
Open Space .042 1.41%
Dist. School 1.272 42.77%
Local .979 32.93%
Total $2.974 100%
County
Library
Open Sp.
School
Local
Budget Overview 2016-2017

12. School Tax Calculation

13. RATABLES
• If ratables remained the same as in 2015, the
overall impact would have been a .009 cent
increase on the school year. ($1.272 to $1.281)
• But, with the decrease in ratables of $1,536,569
the overall impact is a RATE increase of 1.1 cents.
There is an average tax increase of $21.36 for the
home assessed at $161,658 for the 2016-2017
school year. Budget Overview 2016-2017

14. Budget Highlights 2016-2017
• Maintain Full Day Kindergarten.
• Maintain class size within State recommended levels in grades
kindergarten through eight as per NJQSAC.
• Maintain and increase academic and after school club activities.
• Maintain district-wide technology capabilities.
• Emphasis on curriculum and instruction through purchases and staff
development.
• Medical plan increase of 11%.
• Rx plan increase of 11%.
• Dental plan increase of 3%.
• Increase on Property/Liability and Workers Compensation insurance.
• 100% PERS obligation estimated in the amount of $158,944.
• Increases in special education tuition and associated costs.
• Continue to provide courtesy bussing and account for additional bussing
costs for students.
• Continue to provide maintenance in both buildings above what is
required as per N.J.A.C. 6:24.
• Maintenance and Capital Reserve deposits in the amount of $25,000
each.
Budget Overview 2016-2017

15. District Wide Cost Savings Measures
• Township provides at no cost: water/sewer, trash removal/recycling services and
are continually pursuing additional shared services.
• The school district and the municipality have shared-service agreement for
diesel and gasoline for all district vehicles along with electrician services.
• Greenwich Twp. School District takes part in the following consortiums to
achieve significant savings for the district:
– Electricity and Natural Gas- ACES Program
– Telecommunications-ACT Program
– Federal E-rate telecommunications
– New Jersey Digital Readiness for Learning & Assessment Project (DRLAP)
through the Middlesex Regional Educational Services Commission.
– Services provided to Clearview Regional for special education students.
• The district participates in shared programs with GCSSSD:
– Non-public grant administration programs for textbooks, and nursing
services.
– Occupational and physical therapy services.
– Transportation for GCIT and special education students.
BOARD & PUBLIC COMMENTS
Budget Overview 2016-2017