Milltown School District Budget Presentation 2010-2011 Dr. Linda Madison, Superintendent Mrs. Loriann Dekovics, Business Administrator March 31, 2010

History A preliminary budget was presented on March 2nd Increases in SHS tuition, change in adjustment cycle, and cost of benefits, anticipated 15% cut in state aid Tuition Cap Waiver Applied, application withdrawn State Aid was decreased by $676,000 Automatic Cap Waiver $700,000 cap waiver Above the 4% cap

Budget Framework 2 sides to the budget Revenue Aid Reserves Tax Levy Miscellaneous Revenue Expenditure High School Tuition/Transportation State Mandated Programs Pre-K to Grade 8 State Mandated Programs: Spec Ed, BSIP, Enrichment/G & T, ESL

Revenue Tax Levy being reduced by the following: $703,127 State Aid $25,153 Extraordinary Aid (applied for to offset special education costs over: $40,000 for public placement and $50,000 for private placement) $200,000 Fund Balance anticipated (generated in 2009-10 as a result of reduction of expenditures) $100,000 Tuition Reserve (previously earmarked in anticipation of adjustment) $57,000 Miscellaneous Revenue (Pre-K tuition, facilities use, interest income)

Proposed Spending Plan Spotswood High School Regular Education Current Year 2009-2010 Proposed Spending Plan 2010-2011 Spotswood Tuition $ 3,626,047 Included 2006-07 credit of $57,853 $ 3,971,617 Includes an increase of 24 students at $13,283 per pupil Adjustment from 2007-08 $ 228,831 2008-09 Deferred $ 116,798 TOTAL $3,626,047 $4,200,448 Year to year increase is over $700,000 4% increase = $469,000

Line Item Analysis Instruction 2009-10 2010-11 Regular Programs $3,288,576 $2,746,799 Special Education $ 487,696 $ 487,996 Basic Skills/Remedial $ 108,857 $ 105,767 Bilingual - ESL $ 45,449 $ 47,240 Co-curricular (Student Activities) $ 71,587 $ 25,856 Athletics $ 24,695 $ 13,460

Line Item Analysis Support Services 2009-10 2010-11 Tuition $4,593,996 $5,359,747 Attendance $ 4,567 Health Services $ 133,087 $ 140,879 Related Services $ 187,299 $ 201,159 Guidance $ 219,328 $ 221,065 Child Study Team $ 274,765 $ 222,310 Improvement of Instruction Services $ 174,098* $ 96,024 Ed. Media Services $ 120,235 $ 86,032 Instructional Staff Training $ 6,935 $ 4,740

Line Item Analysis Support Services 2009-10 2010-11 General Administration $ 291,114 $ 252,338 School Administration $ 255,828 $ 248,759 Central Services $ 164,842 $ 158,813 Operation & Maintenance $ 883,892 $ 790,978 Transportation Services $ 672,440 $ 718,322 Employee Benefits $1,450,828 $1,809,076

Line Item Analysis Capital Expenditures 2009-10 2010-11 Equipment $28,000 $10,000 Lease Purchase $77,170 $39,647 Charter School 2009-10 2010-11 Tuition $20,609 $19,068 Grants 2009-10 2010-11 State Projects $108,407 $92,146 Federal Projects $272,797 $230,433 Debt Service 2009-10 2010-11 Repayment of debt $959,121 $853,431

2010-2011 Budget Cuts 13 Positions: 9 faculty, 2 secretarial, 2 custodial 2 Faculty Positions (attrition) 1 Computer Technician Sp. Ed. Aides (hourly equivalent of 2) Textbook deferment Student Activities/Athletics Administrative Costs Maintenance and Operation Improvement of Instruction Services Capital Outlay (3 SmartBoards) SHS Late Bus Workshops/Consultants Supplies Athletics includes a reduction for transportation Administration reductions: postage, travel, supplies, BA & Sup salaries frozen Maintenance and Operations: reduction in utility use due to renovations and more energy efficient equipment, new rooftop units are covered by warranty for the next year so service costs are lower Instruction Services: Capital Outlay: SmartBoards (3)

Potential Additional Cuts Reading Recovery BSIP/Enrichment/G & T Instrumental Music Student Activities/Athletics Additional MS content area teacher(s) Thin Client Solution ½ Secretary 1 Section of Kindergarten

In Summary General Fund $13,810,642 State Aid $ 703,127 Extraordinary Aid $ 25,153 Tuition Reserve $ 100,000 Fund Balance $ 200,000 Miscellaneous Revenue $ 57,000 Tax Levy $12,725,362

General Fund Tax Levy General Fund Tax Levy Exceeds the 4% cap due to tuition increases which accounted for a 6.5% increase in the tuition line. Anticipated Tax Increase: $359 on the average assessed home ($166,087)

Election Day April 20, 2010 Polls open 2 PM – 9 PM Senior Center Joyce Kilmer School Questions? Call Dr. Madison at (732) 214-2365 or email lmadison@milltownps.org PowerPoint Presentation will be available on the District Website Thursday April 1st