1. Rochelle Park School District Dr. Geoffrey Zoeller, Superintendent Mrs. Jennifer Pfohl, Business Administrator “2016-2017 Budget Hearing” “Building and Sustaining a Community of Excellence”

2. Mrs. Dimitria Leakas, President Mr. Sam Allos, Vice President Board of Education Members Mrs. Shirley Abraham Mrs. Arlene Ciliento Buyck Mrs. Teresa Judge Cravello Mrs. Maria Lauerman Mr. Mark Scully Board of Education

3. “We envision an educational community which inspires and empowers all students to become self- sufficient and thrive in a complex, global society.” Midland School Mission Statement

4. Establish and maintain a shared responsibility among home, school, and the greater community which fosters student learning, accountability, and citizenship. To provide curricula that enables all students to meet or exceed current national, state, and local standards. To utilize a variety of formative and summative assessments in order to differentiate and guide instruction. The district, as a Professional Learning Community, will provide on- going professional development training and opportunities for collaboration among faculty and staff. Provide a safe and nurturing environment where all students have free access to academic and extra-curricular programs. Midland School Vision Statement

5. 2016-2017 School Budget Information Fiscal responsibility REMAINS a high priority. The School Budget provides for all students PreK through Grade 12. There is no vote on the school budget if the General Fund tax levy is at or below the state cap of 2%. The tentative 2016-2017 School Budget has been approved by the Bergen County Office of the NJ Department of Education and is being presented this evening for public comment pending final approval by the Rochelle Park Board of Education. 2016-2017 total Operating Budget of $11,991,267 (decrease of 2.18% from 2015-2016 operating budget of $12,258,045). Total Budget of $12,733,639 (decrease of 3.68% from 2015-2016 total budget of $13,219,724). Total Tax Levy of $11,431,522 (increase 1.41% from $11,272,173).

6. 2016-2017 Budgeted Revenues CategoryBudget% Budgeted Fund Balance$255,5672.01% Local Tax Levy$10,978,18586.21% State Aid$612,5154.81% Miscellaneous $145,0001.14% Total General Fund$11,991,26794.17% Special Grants & Debt Grants & Entitlements$151,8441.19% Debt Repayment$590,5284.64% TOTAL EXPENDITURES $12,733,639

7. Budget Revenue Comparison for SY 2015-2016 and 2016-2017~ Revenue Source2015-20162016-2017Difference - $% Local Tax Levy$11,272,173$11,431,522$159,3491.41% Budgeted Fund Balance$242,716$270,50127,78511.45% State Aid$627,567$612,515(15,052)(2.40%) Tuition Reserve$68,689$0(68,689)n/a Capital Reserve$322,657$0(322,657)n/a Grants & Entitlements$202,458$151,844*(50,614)(25.00%) Debt Service Aid$253,454$122,257(131,197)(51.76%) Miscellaneous$230,010$145,000*(85,010)(36.96%) Total:$13,219,724$12,733,639$(486,085)(3.68%) * Tentative, pending release of final numbers

8. Rochelle Park Board of Education Historical State Aid Analysis School Year State Aid Operating Budget % of operating budget 2007-2008 669,329 9,498,144 7.05% 2008-2009 639,542 9,710,313 6.59% 2009-2010 450,152 9,849,190 4.57% 2010-2011 213,811 9,654,533 2.21% 2011-2012 397,031 9,671,607 4.11% 2012-2013 448,665 9,665,080 4.64% 2013-2014 439,707 10,643,627 4.13% 2014-2015 461,659 11,521,848 4.01% 2015-2016 452,567 12,258,045 3.69% 2016-2017 462,515 11,991,267 3.86%

9. 2016-2017 Budgeted Appropriations CategoryBudget% Regular Education Program$3,138,39024.65% Special Ed, BSIP, ESL$1,377,39010.82% Administration & Tech$777,1416.10% Tuition$3,392,47126.64% Maint.& Transportation$989,2097.77% Benefits$1,541,58512.11% Extra Curricular$50,8570.40% Support Services$626,0314.92% Capital Outlay$26,6030.21% Transfer to Charter School$71,5900.56% Total General Fund$11,991,26794.17% Special Grants & Debt Grants & Entitlements$151,8441.19% Debt Repayment$590,5284.64% TOTAL EXPENDITURES $13,331,239

10. Budgeted Appropriations Category2015-2016 $% of Total2016-2017 $% of Total Instruction $3,771,77028.47% $4,304,56933.80% Instruction Support Services 923,9126.97% 888,3996.98% Tuition 3,534,63926.68% 3,392,47126.64% Administrative Support Services 820,0506.19% 777,1416.10% Operation and Maintenance of Plant 673,7605.09% 676,4715.31% Transportation 378,2142.86% 312,7382.46% Employee Benefits 1,522,53011.49% 1,541,58512.11% Capital Oulay 633,1704.78% 98,1930.77% Total Operating Expense 12,258,04592.54% 11,991,56794.17% State and Federal Grants 202,4581.53% 151,8441.19% Debt Service 785,7905.93% 590,5284.64% Total Appropriations 13,246,293100.00% 12,733,939100.00%

11. District Enrollment Data

12. Total 2016-2017 Proposed Budget is $12,733,639 Total Budget decrease = $512,654 under the 15-16 school year @ $13,246,293. Total 2016-2017 General Fund Budget is $11,991,267 General Fund (Operating Budget) decrease = $266,778 under the 15-16 school year @ $12,258,045. 2016-2017 Budget Overview Percentage decrease is 3.87% Percentage decrease is 2.18%

13. Referendum Impact on 2016-2017 School Budget~ On December 10, 2013, the local taxpayers of Rochelle Park approved the proposed $6,513,000 Referendum. During the 2016-2017 school year, the referendum projects will have a tax impact of $159.33 on the average assessed home of $334,000. 2015-2016 Referendum Tax Levy …...…………………….…… $181.85 2016-2017 Referendum Tax Levy ……...………………….…… $159.33 Decrease of $22.52 for the average home valued at $334,000.

14. To calculate the tax rate, divide the amount to be raised by taxes by the total Assessed Valuation (Bergen County Tax Guide as of 10/2015): Amount to be Raised Assessed ValuationTax Rate Fiscal Year 201611,272,173 963,322,2000.01170 201711,431,522 950,349,7000.01203 159,349(12,972,500) 0.00033 How much will my taxes increase? Average Residential Value 334,000 Tax Rate Increase 0.00033 Tax Increase $109.35 Or calculate as follows: Tax Rate Tax Rate 2016334,0000.01170$3,908.25 Tax Rate 2017334,0000.01203$4,017.60 Impact on Average Household $ 109.35 Average Assessed Home $334,000 TAX IMPACT

15. As always, the Rochelle Park Board of Education and administration are committed to developing a school budget that provides for a 21 st century education within the tax levy cap of 2%. Our efforts represent our commitment to be fiscally responsible to our taxpayers while meeting or exceeding the Common Core Content Standards so that our students succeed and thrive as lifelong learners. Please feel free to contact Dr. Geoffrey Zoeller at (201) 843-3120 ext. 114 or Mrs. Jennifer Pfohl at (551) 237-1879 for additional information.

16. Rochelle Park School District Please visit our website http://rp.bergen.org for more updates and information.http://rp.bergen.org “2016-2017 Budget Presentation” THANK YOU! “Building and Sustaining a Community of Excellence”