1. Shore Regional High School District 2017-2018 Budget
Presented by: Corey J. Lowell, SFO
Business Administrator/Board Secretary

2. What is a budget? Planned expenses and expected revenues
An organizational plan stated in monetary terms
The financial expression of the District’s educational needs and priorities
A “living document”

3. Budget Variables and Concerns
Special education costs
Ch. 78 “funding cliff”
Facility concerns
Security and technology needs
Unfunded mandates

4. Academic Highlights Summer Courses/Institutes (AP/IB/SAT Preparation)
Curricula Writing (ELA/Math/Science/SS/VPA/WL)
New Programs (CIEE/Dual Enrollment/ROTC)
New Textbooks (ELA/Math/SS/VPA/WL)

5. Cost Saving Measures
Shared services – Superintendent, Business Administrator and payroll services, Director of Curriculum and Instruction, Director of Special Services, Transportation Supervisor, Director of Security, shared (consortium) purchases of professional development
Continued participation in ACES for bulk pricing of energy
Property and casualty insurance through a pooled insurance fund (MOCSSIF/NJSIG)
Program Review

6. Our Funding Sources

7. Tax Levy Trend Fiscal Year General Fund Tax Levy Percentage Change
$14,820,720
1.0%
14,673,980
0.0% *
13,852,556
0.0%
13,852,555
-5.9%
* The tax levy was offset for , , by the amount of the Community Disaster Loan from FEMA. The increase in represents the absence of the loan.

8. 66.44% DIRECTLY IMPACTS STUDENTS
Where the Money Goes…
8.75 % Co-curricular & Athletics
9.21% Tuition
9.00% Transportation
13.42% Employee Benefits
30.50% Classroom Instruction
8.98% Support Services
9.62% Operations/Maintenance
7.83% Administration
2.69% Capital
66.44% DIRECTLY IMPACTS STUDENTS

9. Property Tax Comparison
State
Monmouth County
Oceanport
West Long Branch
Monmouth Beach
Sea Bright
Average Total Property Taxes
$8549
$8804
$9590
$9131
$8185
$6688
Average Total School Taxes
$4477
$5228
$5579
$5068
$4191
$2223
Based on Average Residential Assessed Value
Source: NJ Department of Community Affairs, 2016