1. PEQUANNOCK TOWNSHIP SCHOOL DISTRICT BUDGET 2016-2017 Brett Charleston, Superintendent Kathy Bechtel, School Business Administrator April 25, 2016

2. Changes in Enrollment 2009- 2016

3. Priorities included in the 2016-2017 budget include the following Educational Programs & Services ➢ New staff ➢ Elementary Counselor / SAC (Student Assistant Counselor) ➢ STEM / IT Instructional Coach to focus on elementary and middle school ➢ Elementary School Psychologist – part of a new special education program bringing students back to district ➢ P/T Technician ➢ 2 PTHS Music Teachers – Changed from.8 to Full-time ➢ Addition of Volleyball and Indoor Track ➢ Positions not in the budget ➢ Elementary Special Education Teacher ➢ School Secretary ➢ Reduction of 3 Full-time Aide’s to 3 Part-time (.6) positions

4. 2016-2017 budget priorities include the following Educational Programs & Services ➢ 7 sections of Kindergarten for 2016-2017 ➢ Continued implementation of Teacher and Principal Evaluation System. ➢ Targeted Professional Development in Common Core Standards and Technology. ➢ Maintenance of existing class sizes. ➢ Continuation of the STEM Academy at PTHS. Cohort 2 currently has 25 students. ➢ Continuation of the SLE (Structured Learning Experience) Program at PTHS and addition of Senior Capstone Program. Both programs have approximately 50 students enrolled. ➢ Provision of AP(Advanced Placement) Courses including increased enrollment at PTHS ➢ 2 sections of AP Environmental Science, AP Computer Science, 2 sections of AP Psychology, AP Language and Composition ➢ Enhanced Technology Literacy with the addition and replacement of computers to expand 1:1 initiatives and to support PARCC ➢ Expansion of STEM / Science Education classes at the elementary schools.

5. Sources of Revenue for Pequannock Township Public Schools

6. Pequannock Township Public School Revenues 2016-2017 2016-2017 state aid increased $35,119 2016-20172015-2016Change Local Tax Levy$33,139,323$32,281,958 2.66% State Aid$2,247,383$2,212,264 1.59% Extraordinary Aid$300,000 0.00% Tuition$219,893$234,000 -6.03% Miscellaneous Income$34,000 0.00% Transportation Fees LEAs$15,000 0.00% Rent$70,000 0.00% Withdrawal from Capital Reserve$595,000$450,000 32.00% Appropriation from Surplus$1,250,000$1,524,323 -18.00% Total Revenues$37,870,599$37,121,545 2.02%

7. Revenues

8. Expenditures for Pequannock Township Public Schools

9. 2016-2017 Budget Expenditures

10. Distribution of Expenses

11. General Fund Tax Levy ( 2.66% increase ) $33,139,323 Debt Service Tax Levy * 795,800 School Tax Levy to support PTPS: $33,935,123 * Debt Service Tax levy previously approved by the community through an earlier referendum. 2016-2017 Tax Levy

12. Tax Levy over 3 years 2 014-2015 2015-2016 2016-2017 General Fund Local Tax Levy $31,711,157 $32,281,958 $33,139,323 Change +$570,801 +857,365 Debt Service $ 874,625 $ 820,694 $ 795,800 Change -$53,931 -$24,894

13. Tax Information School tax rate per $100 of assessed valuation YEARTAX RATE 2015$ 1.356 2016 $ 1.352 TAX IMPACT ON AVERAGE HOME Pequannock Average HomeAnnual Tax Decr. Township$ 371,813($14.87 )

14. Questions/Comments?