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MONMOUTH BEACH SCHOOL BUDGET 2017-2018

Explore the proposed budget for 2017-2018 focusing on maintaining high-quality education, technology, curriculum enhancement, and facility improvements while outlining revenue sources and cost breakdowns.

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MONMOUTH BEACH SCHOOL BUDGET 2017-2018

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  1. MONMOUTH BEACH SCHOOL BUDGET 2017-2018

  2. DEVELOPMENT OF THE 2017-18 BUDGET As we look to the future, the proposed 2017-2018 budget continues to maintain our high quality educational programs while staying within the 2% budget cap. The budget includes funds to support technology, curriculum and textbooks as well as special education needs.

  3. GOALS FOR 2017-2018 • TO MAINTAIN, AND ENHANCE CURRENT PROGRAMS • PREPARE FOR NEW STATE MANDATES AND INITIATIVES RELATED TO CURRICULUM, TEACHING, AND STATE TESTING. • SECURITY IMPROVEMENTS • TECHNOLOGY INFRASTRUCTURE IMPROVEMENTS

  4. 2017-2018 SCHOOL INITIATIVES • TECHNOLOGY (CHROMEBOOKS) • NEW TEXTBOOK SERIES FOR: • Math – Grades 8 • Science – Grades K-5 and 6-8 • PROFESSIONAL DEVELOPMENT FOR TEACHERS FOR LANGUAGE ARTS, MATH, COMMON CORE & TEACHER EVALUATION • CONTINUE TO IMPROVE OUR FACILITIES AND GROUNDS

  5. Where does the money come from?

  6. CHANGES IN STATE AID 2015-2016 STATE AID ACTUAL $ 156,083 LESS: SDA ASSESSMENT ( 12,877) NET 2015-2016 $ 143,206 2016-2017 STATE AID ANTICIPATED $ 156,083 LESS: SDA ASSESSMENT ( 12,877) NET 2016-2017 $ 143,206 2017-2018 STATE AID ANTICIPATED $ 156,083 LESS: SDA ASSESSMENT ( 12,877) NET 2017-2018 $ 143,206

  7. STATE AID REDUCED BY SDA ASSESSMENT

  8. 2017-2018 REVENUE

  9. Where does all the money go?

  10. EXPENDITURES 2016-20172017-2018 % Incr./Decr •Instruction $1,898,736 $1,862,345 -1.92% •Special Education* $797,283 $905,197 13.54% •Athletics/Co-Curr. $48,000 $49,000 2.08% •Health $81,276 $81,776 0.62% •Library $28,119 $29,925 6.42% •Staff Training $73,250 $78,666 7.39% •Administration $479,757 $427,926 -10.80% •Building Operations** $434,983 $408,833 -6.01% •Transportation $75,000 $150,000 100.00% •Employee Benefits*** $798,316 $813,316 1.88% * - Resource Room, Basic Skills, CST, Tuition, Extraordinary Services ** - Custodial, Maintenance, Grounds, Insurance, Utilities *** - Social Security, Unemployment, Workers’ Comp., Medical Ins.

  11. 2017-2018 BUDGET

  12. WHAT WILL IT COST OUR TAXPAYERS

  13. NJ Calculation for Increase in Tax Levy • 16-17 Tax Levy $ 4,444,880 • 2% Allowable Increase 88,898 • 17-18 Tax Levy $4,533,778 • Debt Service Increase 5,500 • Actual Cost to Taxpayers $94,398 or .0098 cents

  14. Two Year School TaxComparison and Impact Home Valuation 2016-20172017-2018Dollar Increase $ 0.3580 $ 0.3678 .0098 $100,000.00 $ 358.00 $ 367.80 $ 9.80 $200,000.00 $ 716.00 $ 735.60 $19.60 $300,000.00 $1,074.00 $1,103.40 $29.40 $400,000.00 $1,432.00 $1,471.20 $39.20 $500,000.00 $1,790.00 $1,839.00 $49.00 $600,000.00 $2,148.00 $2,206.80 $58.80 $700,000.00 $2,506.00 $2,574.60 $68.60 $800,000.00 $2,864.00 $2,942.40 $78.40 $900,000.00 $3,222.00 $3,310.20 $88.20 $1,000,000.00 $3,580.00 $3,678.00 $98.00

  15. Monmouth School DistrictAverage Property Tax Bills in 2016* for Other “I” Districts in Monmouth County * Information taken from NJ.com with source as the NJ State Department of Community Affairs.

  16. THANK YOU FOR SUPPORTING OUR SCHOOL!!!!WE APPRECIATE YOUR SUPPORT

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