1. Harding Township School District Public Hearing on the Budget 2017-2018
Matthew A. Spelker, Superintendent
Marilyn Cuykendall, Business Administrator
April 24, 2017

2. Board of Education Davor Gjivoje – President
John Flynn – Vice President
Kim Macaulay
Abi Singh*
Richard Bruno*
* Members – Facilities and Finance Committee

3. Budget Timeline and Process
Budget Process
Fall 2016
Facilities and Finance Committee meetings; Administrative meetings
1/23/17
Preliminary Budget Report I
2/26/17
State Aid Data Released
3/13/17
Tentative Budget unanimously approved by BOE
3/20/17
Tentative Budget submitted to ECS
4/5/17
Tentative Budget approved by ECS
4/24/17
Public Hearing on the Budget
7/1/17
Fiscal year begins

4. Public Hearing on the Budget
Annual presentation required by NJDOE.
Advertised by district in the April 19th edition of the Daily Record.
Presentation includes:
Budget highlights
Revenue
Expenses
Tax levy impact

5. Budget Highlights A fiscally conservative budget
Meets all 17/18 budget guidelines.
Maintains staffing configuration, co- curricular activities, and small class size.
Low administrative costs
Budgets money for professional development and curriculum writing.

6. Budget Highlights
Money has been budgeted for facility maintenance and planning for capital project- HVAC upgrade
Provides adequate financial resources for yet- to-be named 17/18 district goals.
This budget allows for HTS to continue on its upward trajectory and maintain its position as one of the premier PK-8 public school districts in New Jersey.

7. Revenue-Local Tax Levy
Budget Year(s)
Local Tax Levy Increase
(average)
6.01% per year
1.96%
1.78%
1.50%
2.81%
(included banked cap and health benefits exemption)
3.32%
2.90%
1.48%

8. Local Tax Levy

9. Categorical State Aid $ State Aid $ Change % Change 2009-2010 $364,473
N/A
($364,473)
(100%)
$181,191
$225,137
$43,946
24.3% $0 0%
$233,677
$8,540
3.8%
$238,834
$5,157
2.2%

10. Categorical State Aid

11. State Aid – Total Budget
Categorical State Aid
$364,473
$238,834
Categorical State Aid as a Percentage of the Budget
3.97%
2.07%

12. Banked Cap Year Saved $ Amount Year Expires 2012-2013 2013-2014
$82,496
Added to 15/16 budget
$52,401
Added to 16/17 budget $0
N/A
$51,437

13. Detailed Revenues 2016-2017 $ Changes 2017-2018 Local Tax Levy
$9,905,421
$146,671
$10,052,092
Tuition PK-8
$75,000
$14,665
$89,665
Transportation Fees
$10,000 $0
Building Usage Fees
$9,000
Misc. Revenue
$30,436
($27,110)
$3,326
State Aid (categorical)
$238,834
Extraordinary Aid (SE)
$200,000
Budgeted Fund Balance
$306,185
$14,629
$320,814
Capital Reserve
$79,241
($79,241)
Special Revenue
$153,481
($21,731)
$131,750
Local Tax Levy (Debt Sv.)
$459,654
($16,714)
$442,940
Debt Service Aid
$35,346
($1,286)
$34,060
Other
$15,174
($15,174)
TOTAL
$11,517,772
$14,708
$11,532,481

14. Expenses – Operating Budget
Revised
$ Changes
Gen. Ed. Instruction
$2,082,850
$69,945
$2,152,795
Sp. Ed. Instruction
$650,493
$5,937
$656,430
Sp. Ed./Tuition
$2,696,750
$37,455
$2,734,205
Support Services
$1,124,521
$36,597
$1,161,118
Imp. Instruction
$161,069
($12,866)
$148,203
Gen. Admin.
$381,289
$9,867
$391,156
Sch. Admin.
$45,695
$19,346
$65,041
Central Svc./IT
$174,378
($23,817)
$150,561
Operation/Plant
$1,000,155
$19,601
$1,019,756
Transportation
$975,518
($68,443)
$907,705
Employee Benefits
$1,472,993
($147,372)
$1,325,621
TOTAL
$10,765,711
($53,750)
$10,711,961

15. Expenses – Funds 10,11,12,20,40 Revised 2016-2017 $ Changes 2017-2018
Total- Fund 10
Charter School
$24,338 $0
Total – Fund 11
Operating Budget
$10,765,711
($53,750)
$10,711,961
Total – Fund 12
Capital Outlay
$79,242
$108,190
$187,432
Total – Fund 20
Special Revenue
$153,481
($21,731)
$131,750
Total – Fund 40
Debt Service
$495,000
($18,000)
$477,000
TOTAL
$11,517,772
$14,709
$11,532,481

16. Budget Vote and Election
In 2012, Gov. Christie signed legislation that eliminated the need for the public to vote on the school budget if it remains at or below the 2% tax levy cap, including specific exemptions such as banked cap or the health benefits waiver.
On 2/13/12, the Harding BOE adopted a resolution to move the annual school election to November.
Since the 17/18 budget is under the cap, it will not be on the ballot in November. The public will vote for BOE members in the general election on Tuesday, November 7, 2017.