1. Harding Township School Preliminary Budget Report
Matthew A. Spelker-Superintendent
Mark Kenney-Interim Business Administrator
January 7, 2019

2. Board of Education Mr. Davor Gjivoje Mr. John Flynn Mrs. Kim Macaulay
Mr. Abi Singh
Mr. Richard Bruno

3. District Goals
To measure the academic progress of our students through the administration of district-wide assessments in Reading, Math Facts and Writing.
Continue the process of creating a five-year strategic plan through the development/implementation of action plans that are accountable and span a timeline of
Continue to enhance safety measures for the school community, maintaining confidentiality as needed.
To begin the process of redefining the library/media space to support STEM.
The proposed budget will support yet to be named goals for the school year.

4. 2019-2020 Operating Budget The operating budget is:
A statement, in financial terms, of the district’s educational priorities.
A reflection of the community’s values (small class size, technology, co-curricular activities, facilities maintenance, etc.)
A management tool that projects and balances the district’s revenues and expenses.
A consensus document – BOE, Administration, Parents, Staff, Community.

5. Operating Budget
Limited by a +2.0% cap (plus allowable exemptions) on the local tax levy – NOT the total budget.
2.0% increase to local tax levy will equal an increase of approximately 1.8% in the operating budget. This is due to the fact that approximately 90% of our budget funding derives from local property taxes.

6. Operating Budget
NOT developed by increasing each line by a certain percentage.
Projections are made up to 17 months in the future. For example, budget (revenues and expenses) estimates made in January 2019 will have to remain accurate until June 30, 2020!
Our budget has many line items that are increasing at a faster rate. These items include salaries, health benefits, and special education. These items “crowd out” other portions of the operating budget.

7. Budget Process Audit health benefits roster. (completed)
Principal – curriculum items. (completed)
Review CAFR, the 18/19 budget and plan ahead for 19/20 operating budget. (completed)
Refine and update position control roster. (completed)
Forecasting and budgeting for OOD placements for (ongoing)
Refine revenue (tuition, federal grants, state aid) estimates for (ongoing)

8. Budget Process Factors affecting the operating budget:
Maintaining small class size.
Continued technology upgrades.
Curriculum development and support.
Ongoing maintenance needs.
Student achievement.
Increases in health benefits premiums.
Enrollment - predicted to be flat.
Professional development and other unfunded mandates.
HTEA salary increases % (as per CBA)

9. Revenue State aid $272,118 (-134,000) Tuition revenue $98,000 +2,700
Budgeted fund balance $335, ,000
Federal grants $136, n/c
Misc. revenue $50, ,000
Transportation fees $9, (-300)
Extraordinary Aid/ $224, ,000
Non-public Transportation
Building usage fees $9,000 n/c
Tier IV/health benefits contribution n/c

10. State Aid
$364,473 $0
$181,191
$225,137
$225,137
$233,677
$233,677
$238,834
$270,110
$406,173
$272,118 (Projected- due to enrollment decrease)

11. Budgeted Fund Balance + State Aid

12. Local Tax Levy 1997-2011 (average) +6.01% 2011-2012 +1.96%% % % % % % %
% (banked cap used)
% (projected)

13. Expenses HTEA salary increase +2.6% (as per CBA).
Health benefits premiums increase.
Dental benefits premiums increase.
OOD special education tuition +3-5%.
Facilities improvements – E.S. bathroom renovation – five year lease/purchase. Capital improvement HVAC project planned for spring completion, STEM-Library/Media renovation.

14. The Preliminary 2019-2020 Budget Includes Funding
Power School.
Honeywell Instant Alert.
Safety upgrades.
T-Eval/Marshall Model.
I-Ready assessment program.
Rubicon online curriculum tool.
My Learning Plan.
My School Building/School Dude.
AESOP (staff attendance and substitute procedures).
Applitrack (human resources tool).
School Wires (website management).
Safe Schools (staff professional development).
CDK (accounting software).
Professional development and curriculum development.
Technology upgrades.
Capital improvements.

15. Banked Cap Year Saved $ Amount Year Expires 2012-2013 $82,496
$74,390 $0
N/A
$51,437
(used )
$275,249

16. General Timeline Oct.-Dec. – Administrative meetings completed
November 26th–Budget guidelines approved/BOE
January 7 – Preliminary Budget Report
Late February – State aid figures released
March 18th – Tentative budget presented to BOE
March 19th– Tentative budget submitted to ECS
April 22nd/May 6th – Public hearing on the budget
July 1 – New fiscal year begins