1. Glen Ridge Public Schools Preliminary Budget John Mucciolo, Ph.D., Superintendent of Schools Peter Caprio, Business Administrator Glen Ridge Board of Education Members Elisabeth Ginsburg, President Karen Eisen, 1st VP Timothy Keppel, 2nd VP Michael de Leeuw Kama Dishmon Jeffrey Kobernick Kevin Licciardi Suzanne O’Connor Julie Raskin
I am presenting the Glen Ridge Public Schools budget. The BOE voted to approve this budget to be present to the Glen Ridge Community.
I am happy to present this budget. I feel this is an excellent budget that will maintain our programs and personnel while moving us forward toward continued district improvement. We are an excellent school district, this budget will allow us to continue towards the excellence we all desire. .

2. Budget Theme The Balance: Prudent Fiscal Management
Educational Excellence

3. Preliminary Budget
The purpose of tonight’s meeting is to present to the Board of Education the Glen Ridge Public Schools Preliminary Budget.

4. Timeline March 4th Submit Budget to County Office
March 28th Public Hearing to Adopt Budget
April 27th School Election

5. Revenue History Tax Levy 2009-2010 – 3.88% increase
State Aid
: $ ,000 (original amt $1.2M)
: $
: $ ,000

6. Cost to Taxpayer House Assessed at $580,225 (Average)
Tax % Increase Tax $ Increase 2.00% $ 498,666
Annual Tax Increase
General Fund $233.40
Debt Service ($ )
Total $ or $19.22/month

7. 2011-2012 Revenue/Expenses State Aid $268,047
Revenues
State Aid $268,047
Excess Fund Balance $886,955
Tuition $477,405
Misc $ 97,800
Education Jobs Fund Grant $ 40,266
Tax Levy $25,431,941
Total $27,202,414
Last Year $26,238,418
Comparison ($963,996) Expenses (Increases)
Special Education Tuition $ 90,715
Transportation $ 91,630
Salaries $438,876
Benefits $207,191
Capital Reserve $ 85,000
All Other $ 50,584
Total $963,996

8. New Staff 1st Grade Teacher – Linden Avenue School
High School – Math Teacher
Pre-K Teacher P/T  F/T (Linden)
Pre-K Teacher PT (Forest)
2 Pre-K PT Aides

9. Community Outreach Budget presentations to community groups
Budget vote and Board of Education elections will be held on
Wednesday, April 27, 2011