1. Manchester Regional High School
Final Budget

2. Changes to Preliminary budget
Board reviewed proposed cuts (which included the reduction of 4 teaching positions and the non-replacement of 2.5 teaching positions on leave as well as reduction in hallway security)
Board reviewed district adequacy budget ( budget $1,412,265 under adequacy)
Board reviewed banked cap (ability to exceed 2% tax levy cap) - $300,000 expiring after this year if not used

3. Changes to Preliminary budget continued
Decision was made to utilize banked cap (by $250,000)
As such taxes increased from preliminary budget (as did overall budget)
Three teaching positions to be saved as well as one hallway security monitor

4. Issues Facing PC MRHS Increasing OOD placements
Need to update technology within district
Need to update infrastructure / Internet speed in school
Need to improve Facility
Decreasing Reserves
Flat State Aid
Inability to increase school choice
Needs of our students for a superior education

5. 2017 – 2018 Budget – Part 1
Tuition to PCTI up (33 students from what was budgeted for ) + prior year assessments. Lead to cuts across the board
Looking to reduce staff by 1 teacher in regular education. Also have 2.5 teachers going out on maternity leave – those positions won’t be filled for Supplies / textbooks down to absolute bare bones.
Special Education down. Reduction of one staff member and reclassification of one position.
OOD tuition. Up one student budget to budget
Co-curricular and Athletics kept flat

6. 2017 – 2018 Budget – Part 2
Reduction in related services result of reduced costs for servicing two OOD students (over budgeted in ) – otherwise costs kept relatively flat. One increase is in CST due to increase in costs of interlocal.
Custodial / Maintenance lines up due mainly to insurance costs and reclassification of salary from Fund 50 back here. Most lines saw reductions
Capital Projects. Down to low amount in reserve. Looking to do a couple of projects. Tech upgrades (COWs). A/C install. Phone upgrades. Ceiling and light work. Classroom upgrade (desks).
Also VERY IMPORTANT TO NOTE ALL THESE IMPROVEMENTS PAID FOR BY WITHDRAWALS FROM CAPITAL RESERVE. CUTTING THESE COSTS WILL NOT CUT TAXES.

7. 2017 – 2018 Budget – Part 3
General admin up solely due to increase in bandwidth costs – needed because of technology upgrades
School admin up – time increased for one position during
Central services up due to reclassification of salary / benefits for interlocal
Transportation up for PCTI routes/ OOD routes
Employee benefits down because of reduction in staff
State and Federal budgeted at current funding levels
Overall budget down 0.4%

8. MRHS Budget Summary $20,098,359
Picture says a thousand words – good to see most of money coming in going directly to support students

9. Improvements to Program
EDUCATIONAL / FACILITY
Purchase of 120 additional chrome books – 75% way to 1:1 Initiative
Increases Bandwidth / Internet Access
Replacement of Phone System
Air Conditioner installation
Ceiling tile / light replacement
Classroom upgrades (desks)
STEM program at no cost
Light / ceiling tiles work done in house
All work here not affecting taxes

10. 2017 – 2018 Budgeted Revenue Comparison
- State aid flat. SEMI down per state. Non public based on current year alotments (we are flow through). School Based Youth same as before (for Falcons Lounge). Aggressive with Federal. Budgeted at 100% with carryovers anticipated.

11. 2017 – 2018 Budgeted Revenue Comparison Cont’d
Capital Reserve down – reserves drying up. Same with surplus and maintenance reserve. Tuition reserve to cover PCTI assessment bill. Emergency reserve cannot be used (only to cover health benefits going up and above 4% and as you remember our health benefits are actually going down). Misc down because had a one time cash influx based on E-rate funding of network upgrade. Local Tax levy increase at cap.

12. Reserves – as of July 1, 2017 ESTIMATED
Fund Balance: $185,742 (half of what state wants us to be at)
Capital Reserve: $119,366
Maintenance Reserve: $16,703
Emergency Reserve: $169,642
Tuition Reserve: $406,000
TOTAL: $897,454 – nearly half of which will be designated for for PCTI tuitions
(Total July 1, 2016 was $1,249,471)

13. Tax Impact of the Educational Budget
Haledon
N. Haledon
Prospect Park
Total Taxes
11,384,686
Share*
* Per funding formula
Net Valuation of Town
510,215,500
1,180,537,999
263,541,000
Increase Per $100,000
53.54
13.09
26.88
Increase Per Average
123.69
49.48
56.90
Average House
231,000
378,013
211,712

14. Comparative Spending Guide 2016 Budgetary Cost Per Pupil
STATE AVERAGE Regional ,218
REGIONAL SCHOOL DISTRICTS
PER PUPIL BUDGET
LAKELAND REGIONAL
20,834
PASCACK VALLEY REGIONAL
20,823
PASSAIC COUNTY VO TECH
20,010
CARLSTADT-EAST RUTHERFORD
18,679
RAMAPO-INDIAN HILLS
18,666
NORTHERN VALLEY
18,114
MORRIS HILLS REGIONAL
17,973
NORTHERN HIGHLANDS
17,238
HANOVER PARK REGIONAL
16,187
RIVER DELL REGIONAL
16,010
PASSAIC VALLEY REGIONAL
15,983
WEST MORRIS REGIONAL
15,433
P.C.MANCHESTER REGIONAL
13,282
N.J. State Department of Education – Taxpayers Guide to Education
Spending 2016

15. Savings through shared services - estimated
Manchester Regional H. S.
Haledon Public School
Before
After
Savings
Shared
Supt.
167,000
95,576
71,424
B/A
155,000
96,140
58,860
Dir. Sp. Services
135,000
73,836
61,164
Technology
140,517
118,077
22,440
185,500
163,500
22,000
Payroll
69,469
34,734
34,735
Hum. Res.
102,840
51,420
SAC
70,169
42,102
28,067
28,068
42,101
Lead Cust.
15,810
9,894
5,916
91,698
81,600
10,098
Speech
34,000
16,708
17,292
83,538
66,831
16,707
Total
889,805
538,487
351,318
1,060,214
691,705
368,509
Total benefit to taxpayers
719,827
Before costs include Salary, Health Benefits, FICA and SUI costs

16. Challenges we must meet
Reserves are being exhausted.
Budget was balanced in part due to non-replacement of maternity leave replacements.
Potential for cuts in state aid down the road
As always, unfunded mandates
Potential for additional Out of District placements

17. Looking ahead Installation of Solar Panels
2nd year of Summer Enrichment Program
2nd year of Academy Program
Continuance of STEM program
Collaboration between three towns
PC Manchester is moving in the right direction!

18. THANK YOU