Franklin Township School 52 Asbury-Broadway Rd. Washington, NJ 07882

1. 2008 - 2009 PROPOSED BUDGET Franklin Township School 52 Asbury-Broadway Rd. Washington, NJ 07882 Children First

2. Franklin Township School Board of Education Patricia Freitag, President Rudolph DiGilio, Vice-President Elizabeth Ames Jeannene Butler Malia Corde Joseph Flynn Maria Julian Sieglinde Rath John VanSaders Paul Rinaldi, Chief School Administrator Heather A. Spitzer, Business Administrator/Board Secretary Children First

3. This presentation includes: • Budget Development • Our 2008-2009 Budget Proposal • How This Budget Will Impact You Children First

4. The Board had to consider the parameters of the proposed budget: Maintain or enhance educational programs; Provide for contractual, mandated, and operational obligations; Meet the New Jersey Core Curriculum Content Standards and No Child Left Behind Mandates; and Remain within the guidelines of the School Funding Reform Act of 2008. Developing the Budget Children First

5. 08/09 Budget Goals Curriculum & Instruction • Science program • Full day kindergarten • Technology training • Maintain existing programs Children First

6. The Process Tax Levy Cap Fixed Costs Discretionary Costs Finance Committee reviews and submits preliminary budget to the full Board Developing the Budget Children First

7. 2007/2008 Tax Levy $3,481,557 Increase 4% 139,263 2008/2009 Tax Levy (before adj.) $3,620,820 Reduced by State Aid Tax Relief (58,942) Increase in Special Education 72,634 Increase by Non-recurring Revenue 61,229 Increase in PERS Contribution 9,343 Total Tax Levy $3,705,084 Total Tax Levy Cap increase $ 223,527 Tax Levy Cap Calculated based on guidelines established by the School Funding Reform Act of 2008 Children First

8. New Jersey Core Curriculum Content Standards Basic Skills Instruction Special Education Environmental, Health, and Safety Remote Transportation No Child Left Behind (NCLB) Fixed Costs Fixed Costs include mandates from the State of New Jersey and the Federal Government Children First

9. Operational obligations Employee benefits Property and liability insurance Negotiated salaries Transportation Utilities Fixed Costs (cont’d) Children First

10. Board Policy & Community Expectations are Included Courtesy busing Class sizes Fixed Costs (cont’d) Children First

11. Fixed Costs 07/08 Budget vs. 08/09 Budget Board Share of PERS Increase $ 24,798 Health Dental Increases $ 82,484 Salary Increases $106,629 Science Textbooks $ 6,396 Transportation Increases (including special education) $ 61,712 Total increase in Fixed Costs $282,019 Children First

12. Discretionary Costs Discretionary Costs Determined: • The Staff develops requests for their students’ instructional and departmental needs; • The Administration then reviews Staff requests, Students’ IEPs, existing Staffing, enrollment projections and Board goals to determine necessary changes to staffing and programming based upon that input; • Individual Board committees meet to identify items to be included in the Budget; and • Board committees provide the Finance Committee with their budget recommendations Children First

13. Discretionary Costs (cont’d) Examples of Discretionary Costs • After School Clubs • Capital Projects • Classroom Equipment • Classroom Furniture • Field Trips • Instructional supplies & materials • Janitorial supplies & equipment • Non-remote transportation • Textbooks • Workbooks Children First

14. 08/09 Proposed Budget Children First

15. 08/09 Appropriations Regular Programs: $1,696,638 Special Education: $ 681,630 School Admin.: $ 260,312 Support Services: $ 323,326 Improv of Inst: $ 11,000 Facilities & Ops: $ 667,859 Bus and Pers Srvs: $1,122,110 Special Funds: $ 94,194 Debt Service: $ 250,504 Grand Total: $5,107,573 Children First

16. Proposed Regular Programs • Instructional Salaries – Teachers and Instructional Assistants • Core Curriculum Content Standards • Classroom Supplies and Materials Children First

17. Proposed Special Ed. Programs • In-district programs • Out-of-district placements • Special & Extraordinary student services • Support Services • Does not include transportation costs Children First

18. Proposed Support Services • Health services • Student testing and counseling services • Library & Media Center • Basic Skills Instruction • Co-curricular activities Children First

19. Proposed Improvement of Instructional Services • Curriculum development • Staff training and development • Teacher-to-teacher training Children First

20. Proposed Administration • Chief School Administrator and Principal • Professional Services (Attorney, Auditor, Architect, Engineer) • Election expenses • Board of Education expenses • Telephone, postage and legal advertisements Children First

21. Proposed Facilities and Operations • Custodians • Building repair and maintenance • Equipment and supplies • Liability and property insurance • Transportation Children First

22. Proposed Business and Personnel Services • Business Office • Employee Benefits Unemployment & Workers’ Compensation Health benefits PERS contribution • Tuition reimbursements • Social security Children First

23. Proposed Special Funds • IDEA Basic and Pre-school • No Child Left Behind Children First

24. Debt Service • 2000 Issue – principal and interest Children First

25. 08/09 Proposed Revenues • Misc. Revenue: $40,025 • Local Tax Levy: $3,705,084 • Tuition Revenue: $105,893 • Special Revenue: $94,194 • State Aid: $911,873 • Debt Service: $250,504 • Grand Total: $5,107,573 Children First

26. Proposed Miscellaneous Revenue • Interest on investments • Prior year refunds • Lease revenue Children First

27. Proposed Special Revenues • IDEA Basic and Pre-school • No Child Left Behind Children First

28. State Aid • Extraordinary Aid - $70,871 • Special Education Aid - $142,462 • Equalization Aid – $557,448 • Security Aid - $19,455 • Transportation Aid - $121,637 Children First

29. State Aid Tax Relief Amount of state aid required to use as tax relief under new State Funding Reform Act of 2008 Children First

30. Tax Rate Impact 08/09 per $100,000 assessed value - $946.30 07/08 per $100,000 assessed value - 907.32 Increase per $100,000 assessed value $38.98 **Includes Debt Service Tax Levy approved in 2000 Children First

31. Tax Levy Impact (cont’d) For each $100,000 of assessed valuation (tax assessed value, not market value) your taxes will increase $38.98 per year. If you own a home assessed at $200,000, your school taxes will increase $76.96 per year. Children First

32. State Aid vs. Property Taxes Children First

33. Health Benefits & Special Ed. Costs Continue to Rise Children First

34. What cost savings initiatives have you implemented? • Participation in purchasing cooperatives for supplies, energy, transportation and insurance • Additional funding through grants and awards • “In-house” special education programs Children First

35. Annual School Elections Tuesday, April 15, 2008 Polling hours - 2:00 PM to 9:00 PM. Absentee Ballots are available in the Business Office and downloadable from www.franklinschool.org REMINDER:Last Day to postmark ballot: 4/8Last Day to deliver ballot: 4/14 Your vote counts, please remember to vote! Children First

36. THANK YOU! The programs in this budget are vital to the education of the children of the Franklin Township School District. They would not be possible without the support and generosity of our voters. Your support can directly improve the quality of programs and services our school district can provide. On behalf of the students, faculty, staff and Board of Education, thank you once again. Children First