1. HAZLET TOWNSHIP PUBLIC SCHOOLS
SCHOOL BUDGET
ALIGNING FINANCIAL RESOURCES TO
DISTRICT GOALS AND STRATEGIC PLANS
BERNARD F. BRAGEN, JR. Ed.D. – SUPERINTENDENT
CHRISTOPHER J. MULLINS – SCHOOL BUSINESS ADMINISTRATOR

2. FUNDAMENTALS OF A BUDGET
VISION
TRUST
PARTICIPATION
CREATIVITY
INTEGRITY
FACTS AND FIGURES

3. VISION The Vision of the Hazlet Township Public Schools is:
Any successful organization must have a true vision:
One that is long-term and sustainable.
The Vision of the Hazlet Township Public Schools is:
In the pursuit of excellence, the Hazlet Township Public School District, through a rigorous academic program with high expectations, will provide students with opportunities that lead them to become responsible, independent-thinking, global citizens. The school community will implement this vision through ongoing and honest self-reflection with a commitment to continuous improvement.

4. TRUST TRUST IN THE LEADERSHIP TRUST IN THE STAFF TRUST IN OUR STUDENTS
TRUST IN THE FINANCIAL MANAGEMENT
TRUST IN THE FUTURE

5. PARTICIPATION
Any budget that is going to continue to move an organization forward can’t be developed without the participation of the stakeholders:
Students – What do they need and want to learn?
Staff – What and how is the best way to educate our students to prepare them for the future?
Parents – What are our parents looking for our organization to provide to their most important asset – their children?
Residents – What are we getting for our tax dollars?
The Budget was developed with input from our stakeholders with a vision to the future, not just focused on the present.
Where do we want to go?

6. PUBLIC SCHOOLS BUDGET:
CREATIVITY
HOW DOES AN ORGANIZATION DEVELOP A BUDGET THAT CAN BE SUPPORTED BY ALL OF OUR STAKEHOLDERS? BE CREATIVE!!
THE HAZLET TOWNSHIP
PUBLIC SCHOOLS BUDGET:
Maintains all of our successful programs!
Establishes and expands programs for our students!
Continues to utilize all possible revenue sources.

7. SUCCESSFUL PROGRAMS
Multi-grade Classroom – Expanded to all elementary schools
Technology – Chromebooks / 1:1 grades 5-12 / All Schools
Expanded Electives at Raritan HS and Hazlet MS
Advanced Classes – AP Offerings Expanded
Dual Enrollment & Expanded Early College Academy
Expanded Summer Enrichment Programs
After School Programs / Busing
Staff Professional Development
Facilities – Maintenance / Improvements

8. INTEGRITY
A SCHOOL DISTRICT MUST STAND FOR SOMETHING AND ACT IN DEEP-SEATED PRINCIPLES. THE HAZLET TOWNSHIP SCHOOL DISTRICT CONTINUES TO DEVELOP OUR BUDGET IN THE BEST INTERESTS OF ALL OF OUR STAKEHOLDERS.

9. OPERATING REVENUES Local Tax Levy $38,829,976 Surplus $1,745,142
Capital Reserve
$1,850,000
State Aid
$12,927,947
Tuition (preschool)
$95,000
Other
$256,975
Total
$55,705,040
Does not include:
Federal Grants
NCLB
$340,000
IDEA
$750,000
Debt Services
$514,128

10. FACTS AND FIGURES
PROPOSED BUDGET $55.7 million BUDGET INCREASE $1.2 million 2.3 percent CAPITAL RESERVE WITHDRAWL $1,850,000 TAX LEVY $38.8 million TAX LEVY INCREASE 2.4 percent TAX RATE INCREASE 0.36 percent STATE AID INCREASE $ -0- AVERAGE INCREASE FOR HAZLET RESIDENTS $18 annually

11. MAJOR EXPENSES SALARIES $351,000 BENEFITS $850,000 TUITION $230,000
MAJOR INCREASES:
SALARIES
$351,000
BENEFITS
$850,000
TUITION
$230,000
SUPPLIES
$175,000

12. CAPITAL PROJECTS Raritan High School Technology / Art Room $200,000
Turf Replacement
(Cap Reserve)
$500,000
Track Refurbishment
$175,0000
Middle Road School
Site Improvements
Sycamore Drive Early Childhood Learning Center
Addition
$2,250,000
Cove Road School
STEAM Lab

13. REFERENDUM UPDATE
THERE IS NO TAX INCREASE AS A RESULT OF THE PASSING OF THE REFERENDUM ON DECEMBER 13, 2016.
PROJECTS UNDERWAY:
RARITAN HIGH SCHOOL HVAC
RARITAN HIGH SCHOOL ROOF
COVE ROAD SCHOOL ART ROOM
BATHROOM RENOVATIONS
DOOR REPLACEMENTS
SYCAMORE DRIVE ECLC RENOVATIONS

14. QUESTIONS?