THIRD BUDGET PRESENTATION WORK SESSION: HADDONFIELD BOARD OF EDUCATION February 7, 2008

DEVELOPMENT PARAMETERS Show efficiencies Show efficiencies Be realistic Be realistic Be transparent Be transparent Improve the delivery of instruction Improve the delivery of instruction Grow district initiatives Grow district initiatives Support the professional development of the faculty to meet the learning needs of the students Support the professional development of the faculty to meet the learning needs of the students

BUDGET THE PROPOSED BUDGET FOR

BUDGET EXPENDITURES

REQUESTS AND OUTCOMES Central School – Additional Teacher - - denied Central School – Additional Teacher - - denied Tatem School – Additional Teacher – denied Tatem School – Additional Teacher – denied Special Education – 1.5 Additional Teachers – denied Special Education – 1.5 Additional Teachers – denied

REQUESTS AND OUTCOMES Technology – approved $50,000 – amount requested $321,000 Technology – approved $50,000 – amount requested $321,000 District – World Language Teacher K to 2 – denied – implement alternate program District – World Language Teacher K to 2 – denied – implement alternate program

BUDGET BUDGET REDUCTIONS K-12 Teachers: K-12 Teachers: Budget$ 9,951, Proposed $ 9,922,650 Reduction over last year $ 28,600

BUDGET BUDGET REDUCTIONS Substitute Costs: Substitute Costs: Budget$214, Proposed $192,760 Reduction$ 21,940

BUDGET BUDGET REDUCTIONS Home Instruction: Home Instruction: Reduction of $10,000 or 16.67%

BUDGET BUDGET REDUCTIONS Administrative Costs – breakage of 1.54% or $33,755 from where we are this school year Administrative Costs – breakage of 1.54% or $33,755 from where we are this school year

BUDGET BUDGET REDUCTIONS Utilities and Gas – the budget is less than our actual usage in 2006 – 2007! Utilities and Gas – the budget is less than our actual usage in 2006 – 2007!

BUDGET BUDGET REDUCTIONS Special Education Transportation – Less than our actual costs in ! (Bus route efficiencies) Special Education Transportation – Less than our actual costs in ! (Bus route efficiencies)

BUDGET BUDGET REDUCTIONS Supplies – Reduced the budget between to by $114,375. Proposing a further reduction of $16,700 for the school year. Supplies – Reduced the budget between to by $114,375. Proposing a further reduction of $16,700 for the school year.

BUDGET BUDGET REDUCTIONS Shopping our health benefits plan – Saved $125,000 last year which is being put into the budget. Shopping our health benefits plan – Saved $125,000 last year which is being put into the budget.

RETIREE SAVINGS as of January 10, 2008 EXISTING SALARY REPLACEMENT SALARY SICK PAYOUTDIFFERENCE $80,513 $49,950 $12,500 $18,063 $81,313$49,950 $ 5,000 $26,363 $81,313$50,450 $14,500$16,363 $78,913$50,540 $$28,373 $87,861$49,950 $ 7,500$30,411 $82,252$56,450 $$25,802 $77,643$46,500 $12,500$18,643 TotalSavings $164,018

BUDGET REDUCING THE TAX IMPACT BY INCREASING REVENUE

BUDGET REDUCING THE TAX IMPACT BY INCREASING REVENUE Budgeted all Extraordinary Aid

BUDGET REDUCING THE TAX IMPACT BY INCREASING REVENUE Increased our tuition income by 10.54%

BUDGET REDUCING THE TAX IMPACT BY INCREASING REVENUE Increased our interest income by 11% (Based on historical review)

BUDGET REDUCING THE TAX IMPACT BY INCREASING REVENUE Increase our usage of fund balance by 138% (still within the 2% state guidelines)

BUDGET REDUCING THE TAX IMPACT BY INCREASING REVENUE Total additional savings to taxpayer: $244,592

BUDGET BOTTOM LINE REVENUE INCREASES $ 244,592 SAVINGS OVER THIS YEAR $ 283,373

BUDGET RECOMMENDED REDUCTIONS Educational Assistant Reduction (23%)98,250 Educational Assistant Reduction (23%)98,250 Substitute Teacher Reduction (10%)21,940 Substitute Teacher Reduction (10%)21,940 Supplies Decrease (3%)16,700 Supplies Decrease (3%)16,700 Athletic Program Reduction (5%)28,650 Athletic Program Reduction (5%)28,650 Extracurricular reduction (5%)16,800 Extracurricular reduction (5%)16,800 TOTAL REDUCTIONS $182,340 TOTAL REDUCTIONS $182,340

BUDGET BUDGET REDUCTIONS AND ADDED INCOME TO DATE $ 710,305

BUDGET PROPOSAL REVENUE State Aid $ 1,610,445 Additional State Aid $ 95,969 Local Tax Levy $ 28,801,961 Tuition $ 488,463 Unrestricted Funds $ 155,000 Fund Balance $ 187,500 Totals $ 31,339,338

BUDGET PROPOSAL APPROPRIATIONS Faculty/Rep Staff $ 18,171,805 Admin/Non Rep $ 2,159,600 Special Ed Tuition $ 932,500 Medical/Dental $ 5,376,920 Operational $ 4,698,513 TOTALS $ 31,339,338

BUDGET PROPOSAL COMPARISON REVENUE TO APPROPRIATIONS Revenue$31,339,338 Appropriations$31,339,338 Difference$ 0.00

BUDGET PROPOSAL TAX LEVY $ $ Increase of 2.43%

THOUGHTS This is a good budget We have searched and added all revenue sources We have searched and added all revenue sources We have implemented cost savings and budget reductions We have implemented cost savings and budget reductions

THOUGHTS PROVIDING A QUALITY EDUCATION AT A BELOW MARKET PRICE

TOP I AND J DISTRICTS Rank District County DFG Admin Costs 7 Northern Highlands Regional (Allendale) BergenJ$1,603 5Mountain LakesMorrisJ$1,533 30Voorhees (Lebanon Twp) Hunterd on I$1,532 23Pascack Valley (Hillsdale)BergenI$1,532 8Pascack Hills (Montvale)BergenI$1, Northern Valley Regional (Demarest) BergenI$1, Northern Valley Regional (Old Tappan) BergenI$1,517 2TenaflyBergenI$1,512 20SummitUnionI$1,489 10Glen RidgeEssexI$1,488 6Glen RockBergenJ$1,482 14LivingstonEssexI$1,472 13PrincetonMercerI$1,390 24RidgewoodBergenJ$1,381 15CresskillBergenI$1,369 STATE AVERAGE$1,348 17Haddonfield MemorialCamdenJ$1,312 3MillburnEssexJ$1,303 22WestfieldUnionI$1,275 12ChathamMorrisJ$1,229 9West Windsor–Plainsboro SouthMercerJ$1,198 18West Windsor–Plainsboro North Middlese x J$1, Governor Livingston (Berkeley Heights) UnionI$1,141 4MontgomerySomersetJ$1,018 11Ridge (Bernards Twp)SomersetJ$898 19Holmdel Monmou th I$834

TOP I and J DISTRICTS RankDistrictCounty DF G Cost per Pupil 5Mountain LakesMorrisJ$17,654 8Pascack HillsBergenI$15,789 23Pascack ValleyBergenI$15,789 13PrincetonMercerI$15,112 7 Northern Highlands Regional BergenJ$14,356 30VoorheesHunterI$14, Northern Valley Regional BergenI$14,020 6Glen RockBergenJ$13,588 2TenaflyBergenI$13,529 3MillburnEssexJ$12,937 20SummitUnionI$12,851 14LivingstonEssexI$12,772 9West WindsorMercerJ$12,153 RankDistrictCounty DF G Cost per Pupil STATE AVERAGE $12,150 24RidgewoodBergenJ$12, Governor Livingston UnionI$11,612 12ChathamMorrisJ$11,585 19HolmdelMonmouthI$11,484 10Glen RidgeEssexI$11,438 17HaddonfieldCamdenJ$11,360 22WestfieldUnionI$11,030 15CresskillBergenI$11, Ridge (Bernards Twp) SomersetJ$10,992 4MontgomerySomersetJ$10,071

LOCAL DISTRICTS District Cost per Pupil Collingswood $13,157 Lenape $12,773 Haddon Heights $12,413 State Average $12,150 Cherry Hill $11,947 Moorestown $11,448 Haddonfield $11,360 Haddon Township $11,291

QUESTIONS?