1 Penns Grove-Carneys Point Regional School District Budget Presentation May 4, 2015

2 BUDGET GOALS Maintenance of facilities to enhance the safety and learning environment of staff and students. Early Childhood Initiative New Jersey Evaluation Platforms Teachers Administrators Professional Development Expand program offerings for meaningful learning for students based on the Elementary and Secondary Education Act Common Core Standards, Partnership for Assessment of Readiness for College and Careers (PARCC), Benchmark Assessments Graduation Rate, College and Career Readiness

 Partnerships with institutions of higher education, community organizations to improve and foster a successful learning environment  Family Enrichment Network (FEN)  School Based Youth Services Programs (SBYSP)  Peer to Peer Homework Buddies Initiative (P2P)  Riverview Family Success Center  The Pillowcase Project – American Red Cross  College Readiness Now - SCC  Diversity Institute Academy for Youth of Southern N.J. 3

4 SOURCES OF REVENUE BUDGET Unrestricted State Aid – Operating Budget Categorical/Equalization Aid$21,286,545 Restricted State Aid – Grants & Entitlements Preschool Education Aid$ 722,475 Federal Grant Funds IDEA (100% anticipated)$ 541,416 NCLB (90% anticipated)$ 1,627,491 Perkins (90% anticipated)$ 11,865 Debt Service Aid – Repayment of Debt (47.86 % of debt requirement)$ 504,741 Other Revenues Misc. (Interest, Rent, Gate Receipts)$ 97,520 Tuition/Transportation$ 932,500 Extraordinary Aid$ 150,000 SEMI (Medicaid Reimbursement)$ 90,030

5 MAJOR COST IMPACTORS BUDGET Utilities - Utilities - (Gas, Electric, Phones, Water & Sewer) 6 Buildings – 427,606 sq. ft. of space - $869,500 Employee Benefit Cost Employee Benefit Cost (Social Security, Health/ Prescription Coverage, Pension Contribution, Unused Sick Time and Tuition Reimbursement) - $5,951,242 Property, Liability and Worker’s Compensation Insurance premiums Property, Liability and Worker’s Compensation Insurance premiums -$634,141

6 MAJOR COST IMPACTORS BUDGET Transportation cost - $1,928,401 To/From School – Regular $ 954,185 To/From School – Special ED$ 796,324 Co-Curricular/Athletics/Extra Runs$ 84,000 Non-Public/Choice$ 31,824 Other$ 62,068 Tuition to other Schools - $2,710,739 Regular Ed (Alternative HS/MS) $ 61,955 Special Ed $1,744,132 Special Ed (IDEA Funds) $ 541,416 State Facilities $ 103,236 SCVTS Regular $ 260,000

7 DISCRETIONARY EXPENSES Facility Repairs, Maint. & Supplies $ 748,5532% Instructional Supplies & Materials 2,520,321 6% TOTAL DISCRETIONARY $ 3,268,874 8% FIXED EXPENSES Salaries and Benefits $28,177,183 73% Out of District Instruction 2,710,739 7% Transportation 1,872,121 5% Utilities/Insurance/Prof. Serv. 1,581,681 4% Debt Service 1,195,664 3% TOTAL FIXED$35,537,388 92% TOTAL BUDGET $38,806, %

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10  High School  Assistant Principal/Athletic Director from 10 Months to 12 Months STAFFING STAFFING

11 REQUIRED ANNUAL MAINTENANCE Recurring maintenance/ground parts and supplies costs and contracted services are approximately $392,000. Custodial Supplies are approximately $138,500. Accountability Regulations require a work order system to track all maintenance work orders and cost of repair. Under Educational Facilities Construction and Financing Act (EFCFA), schools must budget a minimum dollar amount to maintain their school facilities. Appropriate the minimum dollar amount based on calculation within your budget or put into Capital Reserve. PG-CP must budget a minimum of $122,295 in accordance with the above regulation. 6 Buildings – 427,606 sq. ft./65 Acres

12 COMPREHENSIVE MAINTENANCE PLAN Periodic inspection, testing services on HVAC and power supply systems. Periodic inspection, testing services on HVAC and power supply systems. ALL SCHOOLS Repair and localize replacements of system components. Refinishing of interior floors and walls. Repair and localize replacements of system components. Refinishing of interior floors and walls. Localized repair and maintenance of domestic water supply systems, plumbing fixtures and boilers. Localized repair and maintenance of domestic water supply systems, plumbing fixtures and boilers. Inspection and repair of windows doors and roofs. Inspection and repair of windows doors and roofs. Referendum Projects. Referendum Projects. Roof replacement, exterior doors/frames, window replacement, boiler replacement, HVAC upgrade, brick repointing, bathroom renovations, sidewalk repair and accessibility modifications. Roof replacement, exterior doors/frames, window replacement, boiler replacement, HVAC upgrade, brick repointing, bathroom renovations, sidewalk repair and accessibility modifications.

13 COMPREHENSIVE MAINTENANCE PLAN (cont.) SCHOOLSUPPLIES/ CONTRACTED SERVICES CAPITALOUTLAYTOTAL Lafayette-Pershing $ 25,000 $ 0 $ 25,000 $ 25,000 Field Street 55,000 55,000 0 Paul W. Carleton 25,000 25,000 0 Penns Grove Middle 125, ,000 0 Penns Grove High 105, , , , , ,000 District Wide 10,000 10,000 52,666 52,666 62,666 62, TOTALS: $ 345,000 $ 152,666 $ 497,666 $ 497,666

14 Group purchasing through Consortiums Group purchasing through Consortiums copy paper, natural gas, electric (ACES), custodial supplies, food service items, transportation service cooperative, telecommunications (ACT) copy paper, natural gas, electric (ACES), custodial supplies, food service items, transportation service cooperative, telecommunications (ACT) Member of Joint Insurance Fund (JIF) Member of Joint Insurance Fund (JIF) Shared Service with Other School Districts – Shared Service with Other School Districts – Transportation Transportation Food Service Management Services Food Service Management Services Participation in Smart Start Program – reimbursement for energy efficiency items Participation in Smart Start Program – reimbursement for energy efficiency items

15 TAX RATE EFFECT

16 SCHOOL TAX DECREASE CALCULATION TAXRATE PENNS GROVE $ Per $100 Assessment CARNEYS POINT $ Per $100 Assessment ANNUALTAXCHANGE-$5.54(-.02/day) (ON AVERAGE HOME $109,330 $113.98(.31/day) (ON AVERAGE HOME $170,400

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Penns Grove-Carneys Point Regional School District 18