1. Rochelle Park Board of Education 2017-2018 Budget Presentation
Midland school #1
Dr. Geoffrey Zoeller, Superintendent
Jennifer Pfohl, Business Administrator

2. Board of Education
Mrs. Dimitria Leakas, President Mrs. Maria Lauerman, Vice President
Board of Education Members Mrs. Shirley Abraham Mr. Sam Allos Mrs. Arelene Ciliento Buyck
Mrs. Theresa Judge Cravello Mr. Matt Trawinski

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

4. Midland School Vision Statement
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. 

5. 2017-2018 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 School Budget has been approved by the Bergen County Office of the NJ Department of Education and is being publicly presented this evening. Final approval by the Rochelle Park Board of Education will occur at the May 4, 2017 meeting.
Total Operating Budget is $13,008,881 (increase of 1.78% from ).
Total Tax Levy of $11,501,565 (Increase .61% from $11,431,522)

6. 2017-2018 Budgeted Revenues $13,008,881 Total General Fund $11,991,267
Category
Budget %
Budgeted Fund Balance
$256,800
1.97%
Local Tax Levy
$11,197,749
86.08%
State Aid
$537,515
4.13%
Miscellaneous
$115,010
0.88%
Capital Reserve Withdrawal
$281,819
2.17%
Total General Fund
$11,991,267
95.23%
Special Grants & Debt
Grants & Entitlements
$159,660
1.23%
Debt Repayment
$460,328
3.54%
TOTAL EXPENDITURES
$13,008,881

7. Revenue Comparison 2016-2017 and 2017-2018
Revenue Source
Difference - $ %
Local Tax Levy
$11,431,522
$11,501,565
$70,043
0.61%
Budgeted Fund Balance
$270,501
$256,800
$(13,701)
(5.07%)
State Aid
$612,515
$537,515
$(75,000)
(12.24%)
Capital Reserve $0
$281,819
100%
Grants & Entitlements
$199,577
$159,660
$(39,917)
(20.00%)
Debt Service Aid
$122,257
$156,512
$34,255
28.02%
Miscellaneous
$145,010
$115,010
$(30,000)
(20.69%)
Total:
$12,781,382
$13,008,881
$227,499
1.78%

8. Historical State Aid Analysis
School Year
State Aid
Operating Budget
% of operating budget
639,542
9,710,313
6.59%
450,152
9,849,190
4.57%
213,811
9,654,533
2.21%
397,031
9,671,607
4.11%
448,665
9,665,080
4.64%
439,707
10,643,627
4.13%
461,659
11,521,848
4.01%
452,567
12,258,045
3.69%
462,515
12,781,382
3.62%
13,008,881
3.56%

9. 2017-2018 Budgeted Appropriations
Category
Budget %
Regular Ed/Co-curricular
$3,300,069
25.37%
Special Ed, BSIP, ESL
$1,448,245
11.13%
Administration & Tech
$764,548
5.88%
Tuition
$3,319,114
25.51%
Maint.& Transportation
$1,159,882
8.92%
Benefits
$1,470,985
11.31%
Support Services
$617,618
4.75%
Capital Outlay
$308,432
2.37%
Total General Fund
$12,388,893
95.23%
Special Grants & Debt
Grants & Entitlements
$159,660
1.23%
Debt Repayment
$460,328
3.54%
TOTAL EXPENDITURES
$13,008,881

10. Budgeted Appropriations
Category $
% of Total Budget $
Instruction
$ 4,342,574
33.98%
$4,482,329
34.46%
Instruction Support Services
895,598
7.01%
883,603
6.79%
Tuition
3,245,416
25.39%
3,319,114
25.51%
Administrative Support Services
777,141
6.08%
764,548
5.88%
Operation and Maintenance of Plant
891,515
6.98%
813,082
6.25%
Transportation
322,434
2.52%
346,800
2.67%
Employee Benefits
1,489,983
11.66%
1,470,984
11.31%
Capital Outlay
26,613
0.21%
308,432
2.37%
Total Operating Expense
$ 11,991,277
93.82%
$12,388,893
95.23%
State and Federal Grants
199,577
1.56%
159,660
1.23%
Debt Service
590,528
4.62%
460,328
3.54%
Total Appropriations
$12,781,382
100.00%
$13,008,881

11. District Enrollment Data
10/15/2015 ACTUAL
10/15/2016 ACTUAL
10/15/2017 ESTIMATED
Pupils on Roll
438
432
423
Pupils on Roll - Special 64 71 72
Subtotal - Pupils on Roll:
502
503
495
Private School Placements: 3
Pupils Sent - Reg. Ed.
133.5
118.5
125
Pupils Sent - Special Ed. 26
23.5 22
Pupils Sent – Charter Schools 9 6
TOTAL
673.5
654
651

12. Budget Overview
Total Proposed Budget inclusive of grants and debt service is $13,008,881
Total Budget increase = $227,498 over the school $12,781,382.
Total Operating Budget is $12,388,893
Operating Budget increase = $281,819 over the school $11,991,277.
Total Tax Levy is $11,501,565
Tax Levy increase = $70,042 over the school 11,431,522.
Percentage increase is 1.78%
Percentage is 1.31%
Percentage increase is .61%

13. Referendum Impact on 2017-2018 School Budget
On December 10, 2013, the local taxpayers of Rochelle Park approved the proposed $6,513,000 Referendum.
During the school year, the referendum projects will have an additional tax impact of $ on the average assessed home of $334,000.
General Fund Tax Levy per Average Assessed RP Home $3,899.18
Referendum Tax Levy $
School Budget Tax Levy on Average home $ 4,004.97
Decrease of $12.63 for the average home valued at $334,000 – based on revised total Township assessment.
Based on information provided on NJ Department of Education tax calculations.

14. Tax Impact How much will my taxes increase?
To calculate the tax rate, divide the amount to be raised by taxes by total Assessed Valuation (Bergen County Tax Guide as of 10/2016):
Amount to be
Raised
Assessed
Valuation
Tax Rate per $100
Fiscal Year
11.431,522
950,349,700
1.203
2018
11,501,565
959,189,200
1.199
Amount to Be Raised
70,043
( )
How much will my taxes increase?
Average Residential
Value
Tax Rate change
Tax Impact
334,000
($12.63)
Or calculate as follows:
Tax Rate
 Total Tax
Tax Rate 2017
$4,017.60
Tax Rate 2018
$4,004.97
Impact on Average Household
$(12.63)

15. Thank you for your support!
As always, the Rochelle Park Board of Education and administration is committed to developing a school budget that provides for a 21st 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 State Learning Standards so that our students succeed and thrive as lifelong learners.
Please feel free to contact Dr. Geoffrey Zoeller at (201) ext or Mrs. Jennifer Pfohl at (201) for additional information.