1. MONMOUTH BEACH SCHOOL
BUDGET

2. DEVELOPMENT OF THE 2017-18 BUDGET
As we look to the future, the proposed budget continues to maintain our high quality educational programs while staying within the 2% budget cap. The budget includes funds to support technology, curriculum and textbooks as well as special education needs.

3. GOALS FOR 2017-2018 TO MAINTAIN, AND ENHANCE CURRENT PROGRAMS
PREPARE FOR NEW STATE MANDATES AND INITIATIVES RELATED TO CURRICULUM, TEACHING, AND STATE TESTING.
SECURITY IMPROVEMENTS
TECHNOLOGY INFRASTRUCTURE IMPROVEMENTS
GOALS FOR

4. 2017-2018 SCHOOL INITIATIVES TECHNOLOGY (CHROMEBOOKS)
NEW TEXTBOOK SERIES FOR:
Math – Grades 8
Science – Grades K-5 and 6-8
PROFESSIONAL DEVELOPMENT FOR TEACHERS FOR LANGUAGE ARTS, MATH, COMMON CORE & TEACHER EVALUATION
CONTINUE TO IMPROVE OUR FACILITIES AND GROUNDS

5. Where does the money
come from?

6. CHANGES IN STATE AID
STATE AID ACTUAL $ 156,083 LESS: SDA ASSESSMENT ( 12,877) NET $ 143, STATE AID ANTICIPATED $ 156,083 NET $ 143, STATE AID ANTICIPATED $ 156,083 NET $ 143,206

7. STATE AID REDUCED BY SDA ASSESSMENT

8. REVENUE

9. Where does all the
money go?

10. EXPENDITURES 2016-2017 2017-2018 % Incr./Decr
•Instruction $1,898,736 $1,862, %
•Special Education* $797,283 $905, %
•Athletics/Co-Curr. $48,000 $49, %
•Health $81,276 $81, %
•Library $28,119 $29, %
•Staff Training $73,250 $78, %
•Administration $479,757 $427, %
•Building Operations** $434,983 $408, %
•Transportation $75,000 $150, %
•Employee Benefits*** $798,316 $813, %
* - Resource Room, Basic Skills, CST, Tuition, Extraordinary Services
** - Custodial, Maintenance, Grounds, Insurance, Utilities
*** - Social Security, Unemployment, Workers’ Comp., Medical Ins.

11. BUDGET
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12. WHAT WILL IT COST OUR TAXPAYERS

13. NJ Calculation for Increase in Tax Levy
2% Allowable Increase ,898
17-18 Tax Levy $4,533,778
Debt Service Increase ,500
Actual Cost to Taxpayers $94,398
or cents

14. Two Year School Tax Comparison and Impact
Home Valuation Dollar Increase
$ $
$100, $ $ $ 9.80
$200, $ $ $19.60
$300, $1, $1, $29.40
$400, $1, $1, $39.20
$500, $1, $1, $49.00
$600, $2, $2, $58.80
$700, $2, $2, $68.60
$800, $2, $2, $78.40
$900, $3, $3, $88.20
$1,000, $3, $3, $98.00

15. Monmouth School District Average Property Tax Bills in 2016*
for Other “I” Districts in Monmouth County
Monmouth Beach
$8,185
Avon Boro
$9,649
Marlboro Township
$10,748
Shrewsbury Boro
$10,942
Millstone Township
$11,298
Spring Lake
$11,854
Sea Girt
$12,601
Holmdel
$13,198
Fair Haven
$14,460
Colts Neck
$14,559
* Information taken from NJ.com with source as the NJ State Department of Community Affairs.

16. THANK YOU FOR SUPPORTING OUR SCHOOL!!!! WE APPRECIATE YOUR SUPPORT