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Matawan-Aberdeen School District Budget Overview 2009-2010

This preliminary budget plan focuses on educational programs, personnel, benefits, and operational costs for the upcoming school year. It highlights areas of increase, decrease, and essential financial components.

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Matawan-Aberdeen School District Budget Overview 2009-2010

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  1. MATAWAN-ABERDEENREGIONAL SCHOOL DISTRICTPRELIMINARY BUDGET2009-2010PHASE I

  2. BUILDING THE BUDGET • Develop an educational plan to maintain and some expansion to programs • Provide additional learning opportunities -athletics and clubs • Meet State mandates • Meet contractual obligations • Ensure safe and secure learning environment through efficient and well-maintained facilities • Meet voter approved debt service obligations

  3. COMPONENTS OF THE BUDGET • Personnel • Benefits • Special Education • Curriculum technology • Utilities • Transportation • Debt service • Operations and maintenance

  4. APPROPRIATIONS2008-2009 • Fund 10 (Operating Budget) $59,055,389 • Fund 20 (Grants) $ 1,299,580 • Fund 40 (Debt Service) $ 2,501,045 • TOTAL BUDGET $62,856,014

  5. Salaries • Salaries increased due to contractual obligations. • The district has a contract with the MRTA which represents the Teachers, Custodians, Clerical staff and Bus Drivers and MRAA which represents the administrators. There are 16 non-affiliated employees.

  6. 2008-2009 Salaries Increases/ • Staffing of 546 full-time and 33 part-time employees (Decreases) Includes: • Continuation of current staff levels $35,957,833 $1,438,313 • 1 new full-time special education teacher $ 50,000 • 1 new full-time special education aide $ 20,000 Additional Components: • Summer School $ 73,925 $ (5,925) • Athletic salaries $517,969 $ (10,641) • Non-Athletic salaries $383,618$ 25,985 Total Salary Costs $36,933,345 Total Increases/(Decreases) $1,517,732

  7. 2008-2009 Health Benefits • Benefits have increased due to an increase in cost of the State Health Benefits Plan. • NJ Direct 10 premium increased approximately 7%. • Prescription premiums increased 2% The increase in premiums is for January 1, 2009 through December 31, 2009. • Tuition reimbursements increased by $10,000 or 13% which also represents a contractual obligation. • Members of the MRAA and non-bargaining unit employees contribute 1% of their salaries towards premiums.

  8. 2008-2009 Health Benefits Increases/ • 546 Eligible Employees2008-2009(Decreases) - Medical Coverage - NJ Direct 10 $4,514,324 $ 316,002 - Dental Coverage $ 711,353 ($ 9,818) - Prescription $1,493,180 $ 29,863 Total Health Benefits Cost $6,718,857 Total Increases/(Decreases) $336,047

  9. 2008-2009 Other Benefits Increases/ • 579 employees2008-2009(Decreases) - Social Security Contributions $ 946,525 $ (9,465) - PERS Contributions $ 708,059 $ 21,941 - Unemployment Compensation $ 85,000 $ 5,000 - Workers Compensation $ 597,000 $ (25,000) - Tuition Reimbursement $ 85,000 $ 10,000 - Optical Reimbursement $ 50,000 $ 0 - Opt-Out Payments $ 146,610 $ 0 - Sick/Vacation/Sabbatical $ 118,000 $ 0 Total Other Benefit Costs $2,736,194 Total Increases/(Decreases) $ 2, 476

  10. Transportation • MARSD Transportation Department serves a total of 3,840 students • Provides transportation services to 2,648 students including Public, Non-public and Special Education students. • Subscription bussing generates approximately $82,000 in revenue. • The district maintains (14) 54-passenger buses, (5) 24-passenger buses, (2) 16-passenger buses, (1) 6-passenger van and (1) equipment truck. • The transportation department has 19 f/t bus drivers, 3 p/t bus drivers, 1 f/t bus aide, 5 p/t bus aides, 1 f/t secretary, 1 f/t dispatcher, 1 f/t coordinator as well as substitutes. • Purchase of 1 Minivan for Special Education routes for $21,000. This will provide the district with a cost savings of $4,615.40 in the first year in lieu of contractual bussing.

  11. Transportation Increase/ 2008-2009(Decrease) - Fuel $ 117,900 $ 5,825 - Contracted Services $1,157,855 ($ 221,655) - Maintenance/Service $ 100,650 $ 6,290 - Aid in Lieu $ 115,965 $ 0 - Insurance $ 65,102 $ 9,898 Total Transportation Costs $1,557,472 Total Increase/(Decrease) ($ 199,642)

  12. Utilities • Utility payments are required for the district’s operation. • Natural Gas • Electricity • Telecommunications • Water/Sewer

  13. Utilities Budgeted Projected Increase/ %Increase/ 2008-20092009-2010(Decrease)(Decrease) W/S $359,100 $ 362,691 $ 3,591 1% N/G $693,000 $ 699,930 $ 6,930 1% Elect $735,000 $ 742,350 $ 7,350 1% Tele $171,720 $ 163,148 ($ 8,572) -4.99% $1,958,820$1,968,119 $ 9,299 0.47%

  14. Operations & Maintenance Increase/ 2008-2009(Decrease) • Building Maintenance $ 243,700 ($ 30,000) - Includes Alarm Incident, Boiler Upkeep Fire Suppression Systems, HVAC • Cleaning, Repair & Maintenance $ 417,638 ($ 36,356) - Includes Turf Field/Track/Lights Lease, Lawn Mowing, Snow Plowing, Playground • Custodial Supplies – All Buildings $ 100,000 $ 4,975 • Trash/Recycling $ 48,500 ($ 10,000) • Gasoline – O & M Vehicles $ 9,000 500 Total O & M Costs $ 818,838 Total Increase/(Decrease) $(70,881)

  15. Debt Service • Includes Principal and Interest payments that are mandated after a vote by the taxpayers. • Debt service payments decreased $1,977 in the 2009/2010 budget. This is due to the obligations being paid down by the district. • The 2009/2010 payment amount is $2,499,068 while the 2008/2009 budgeted amount for Debt Service was $2,501,045.

  16. Total Debt Service

  17. Recap • Statutory, Mandatory & Required Expenses. Increase/ 2008-2009(Decrease) - Salaries $36,933,345 $1,517,732 - Health Benefits $ 6,718,857 $ 336,047 - Other Benefits $ 2,736,194 $ 2,476 - Transportation $ 1,557,472 ($ 199,642) - Utilities $ 1,958,820 $ 9,299 - Debt Service $ 2,501,045 ($ 1,977) - Operations & Maintenance $ 818,838 ($ 70,881) Total Costs $53,224,571 Total Increase/(Decrease) $1,593,054 • These expenditures represent 90% of the budget

  18. REVENUES2008/09 V.S. 2009/10 2008/09 Local Tax Levy $43,826,599 Budgeted Fund Balance $ 1,292,837 State Aid $13, 326,405 Misc. Revenue $ 609,548 Fund 10 $ 59,055,389 Grants $ 1,299,580 Debt Service $ 2,501,045 $62,856,014 2009/10 Local Tax Levy $43,826,599 Budgeted Fund Balance $ 405,500 State Aid $13, 326,405 Misc. Revenue $ 609,548 Fund 10 $ 58,168,052 Grants $ 1,299,580 Debt Service $ 2,499,068 $61,966,700 Budgeted fund balance decreased by $887,337 This is a revenue deficit.

  19. Budget Concern 2008-2009 Operating budget $59,055,389 2009-2010 Est. appropriation increases $ 1,623,054 Total 2009-2010 operating budget $60,678,443 2009-2010 Est. Revenues $58,168,052 Difference Revenue shortfall (06-’07 budget) $887,337 Appropriation increases (’09-’10) $1,623,054 TOTAL $ 2,510,391

  20. BUDGET CONCERNS MOVING FORWARD • State aid level • Revenue deficit • Contractual appropriations • Lack of reserves

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