1. Lebanon Borough Board of Education
School Year Budget

2. Budget Goals
Technology purchases & upgrades compatible with PARCC & NJASK testing
Next Generation Science Standards: Framework & Supplies
Mandatory for grade 6 in 2016/17
Mandatory in K-5 in 2017/18
Retain Special Education in-house to control costs / Potential Revenue source
Professional Development for Staff
Protecting our school building in areas of maintenance and safety
Maintaining a high quality education for our students

3. Total Student Population
Enrollment 2012 through 2017
School Year
On Roll
Middle School
School Choice
Out of District
Total Enrollment
Non Public Students
Total Student Population
K - 8
2012/13 79 23 15
117 12
129
2013/14 91 28 16
135
150
2014/15 90 25 17 1
133 19
152
2015/16 98 33 13
144 18
162
2016/17
104 36 9
168

4. Student Enrollment

5. 2016/2017 State Aid State Aid: $ 187,103 $ 191,092 $ 3,989 2.13%
Revenue Source
2015/16
2016/17
$ Change
% Change
State Aid:
School Choice
Transportation
Special Education
Security
Adjustment
PARCC Readiness
Per Pupil Growth
Professional Learning
$ 187,103
$ 38,478
$ 12,988
$ 64,267
$ 7,997
$ 61,273
$ 1,050
$ 191,092
$ 14,601
$ 65,216
$ 8,174
$ 1,250
$ 3,989 $
$ 1,613 $ $
$ 1,250
2.13%

6. Local Revenues Local Tax Levy: $ 2,381,237 $ 2,602,777 $ 221,540
Source
2015/16
2016/17
$ Change
% Change
Local Tax Levy:
$ 2,381,237
$ 2,602,777
$ 221,540
9.30 %
Previous Year Levy
Allowable 2% cap
Health Care Adjustment
Enrollment Adjustment
Banked Cap
$2,238,151
$ 44,763
$ ,986
$ ,111
$ ,226
$ 47,625
$ ,540
$ ,375 $
$ 143,086
$ ,862
$ ,554
$ 131,264
$ (64,226)
Tuition
$ ,000
Misc. Revenue $

7. 2016/17 Total revenue

8. Total Operating Budget $ Change in Operating Budget
Tax levy & Total Budget
Year
Local Tax Levy
$ Change in Tax Levy
% Change in Tax Levy
Total Operating Budget
$ Change in Operating Budget
% Increase (Decrease)
2,234,117
$ 2,514,665
2,268,599
$ 34,482
1.5%
$ 2,558,884
$ 44,219
1.8 %
2,172,561
$ (96,038)
(4.2)
$ 2,486,974
($ 71,910)
(2.8%)
2,237,738
$ 65,177 3%
$ 2,586,841
$ 99,687
4 %
2,381,237
$ 143,499
6.4%
$ 2,614,443
$ 27,602
1.1 %
2,602,777
$ 221,540
9.3%
$ 2,807,919
$193,476
7.4 %

9. Where does the money Go? Category $ Amount % of Budget
Regular Instructional Programs
$ 658,889
23.5 %
Special Ed/Basic Skills
(in house)
$ 185,705
6.6 %
Middle School Tuition
$ 552,399
19.7 %
Out of District Tuition
$ 78,969
2.8 %
Support Services (Health Office, CST & Related Services)
$ 273,934
9.7 %
Improvement of Instruction & Professional Development
$ 67,467
2.4 %
Administration
$ 184,707
Building & Grounds
$ 203,225
7.2 %
Transportation
$ 89,465
3.2 %
Health Benefits
$ 411,727
14.7 %
Contractual & Employer Expenses
$ 101,432
3.6%
Total Operating Budget
$ 2,807,919

10. Show me the money!

11. Uncontrollable Costs Category Total Amount % of Budget
Contractual Salaries
$ 1,280,408
45.6 %
Health Benefits & Employer Expenses
$ ,159
18.3 %
Tuition to other LEAs & Transportation
$ ,368
22.5%
Required Maintenance & Repairs
$ ,303
3.5 %
Remaining Spending
$ ,681
10.2 %

12. Our piece of the Pie:

13. (per $100 of assessed value)
Tax Impact
Budget Year
Tax Rate
(per $100 of assessed value)
Average Tax Payment
On home value of $270,000
Increase (Decrease)
From previous year
2012/2013
$ 0.83
$ 2,241
2013/2014
$ 0.79
$ 2,133
($ 0.04)
2014/2015
$ 0.82
$ 2,214
$0.03
2015/2016
$ 0.85
$ 2,295
2016/2017
$ 0.93
$ 2,511 per year
$ per day
$ 0.08

14. (from lowest to highest)$
Tax Rate Comparison
Ranking
(from lowest to highest)$
School District
Tax Rate 1
Lebanon Borough
$ 0.93 2
Kingwood
$ 0.96 3
Readington Township *(15/16)
$ 1.02 4
Franklin Township*
$ 1.10 5
Clinton Township*
$ 1.12 6
Lebanon Township*
$ 1.29 7
Glen Gardner*
$ 1.21 8
Holland Township
$ 1.40 9
Clinton Public*
$ 1.42 10
Milford*
$ 1.62

15. Budget questions may be sent to Dr. Robert Sutter