1. Harding Township School District Public Hearing on the Budget 2019-2020
Matthew A. Spelker, Superintendent
Mark Kenney, Business Administrator
May 6, 2019

2. Board of Education Davor Gjivoje – President
John Flynn – Vice President
Kim Macaulay
Abi Singh*
Richard Bruno*
* Members – Facilities and Finance Committee

3. Public Hearing on the Budget
The Public Hearing on the Budget is an annual presentation required by NJDOE.
This Public Hearing was advertised by the district in the April 21st edition of the Daily Record.
Tonight’s presentation includes:
Budget highlights
Revenues
Expenses
Tax levy impact

4. Budget Highlights A fiscally conservative budget
Meets all 19/20 budget guidelines.
Maintains staffing configuration, co- curricular activities, and small class size.
Low administrative costs
Budgets money for professional development and curriculum writing.

5. Budget Highlights
Money has been budgeted for facility maintenance and planning for capital projects- Security upgrades, maintenance, HVAC for elementary building, STEM/Library renovation
Provides adequate financial resources for yet-to-be named 19/20 district goals.
This budget allows for HTS to maintain its position as one of the premier PK-8 public school districts in New Jersey.

6. Budget Timeline and Process
Budget Process
Fall 2018
Facilities and Finance Committee meetings; Administrative meetings
1/7/19
Preliminary Budget Report
3/14/19
State Aid Data Released
3/18/19
Tentative Budget unanimously approved by BOE
3/19/19
Tentative Budget submitted to ECS
4/15/19
Tentative Budget approved by ECS
5/6/19
Public Hearing on the Budget
7/1/19
Fiscal year begins

7. Revenue-Local Tax Levy
Budget Year(s)
Local Tax Levy Increase
(average)
6.01% per year average
1.96%
1.78%
1.50%
2.81%
(included banked cap and health benefits exemption)
3.32%
2.90%
1.48%
2.51%
(enrollment adjustment)
1.81%

8. Local Tax Levy

9. Categorical State Aid $ State Aid $ Change % Change 2009-2010 $364,473
N/A
($364,473)
(100%)
$181,191
$225,137
$43,946
24.3% $0 0%
$233,677
$8,540
3.8%
$238,834
$5,157
2.2%
$272,118
$33,284
14%
$406,173
$134,055
49%
$440,532
$34,359 8%

10. Categorical State Aid

11. State Aid – Total Budget
Categorical State Aid
$364,473
$440,532
Categorical State Aid as a Percentage of the Budget
3.97%
3.77%

12. Banked Cap Year Saved $ Amount Year Expires 2012-2013 2013-2014
$82,496
Added to 15/16 budget
$52,401
Added to 16/17 budget $0
N/A
$51,437
$275,249
$20,000

13. Detailed Revenues 2018-2019 $ Changes 2019-2020 Local Tax Levy
$10,304,571
$186,091
$10,490,662
Tuition PK-8
$95,300
$2,700
$98,000
Transportation Fees
$9,500
($1,267)
$8,233
Building Usage Fees
$9,000 $0
Misc. Revenue
$40,000
$17,500
$57,500
State Aid (categorical)
$408,957
$34,359
$443,316
Extraordinary Aid (SE)
$191,000
$29,000
$220,000
Budgeted Fund Balance
$300,000
$59,187
$359,187
Capital Reserve
Special Revenue
$131,750
$10,540
$142,290
Local Tax Levy (Debt Sv.)
$426,226
($426,226)
Debt Service Aid
$32,774
($32,774)
Other
TOTAL
$11,949,078
($120,890)
$11,828,188

14. Expenses – Operating Budget
Revised
$ Changes
Gen. Ed. Instruction
$2,243,625
$334,845
$2,578,470
Sp. Ed. Instruction
$673,588
$105,904
$779,492
Special Ed.
Tuition/Madison Tuition
$3,017,418
($204,252)
$2,813,166
Support Services
$1,073,983
$865
$1,074,848
Imp. Instruction
$143,536
$14,532
$158,068
Gen. Admin.
$359,325
$9,775
$369,100
Sch. Admin.
$71,424
$6,372
$77,796
Central Svc./IT
$162,447
$17,694
$180,141
Operation/Plant
$1,019,065
$4,656
$1,023,721
Transportation
$998,847
$40,519
$1,039,366
Employee Benefits
$1,348,021
$29,079
$1,377,100
TOTAL
$11,111,279
$359,989
$11,471,268

15. Expenses – Funds 11,12,10,20,40 Revised 2018-2019 $ Changes 2019-2020
Total- Fund 11
Operating Budget
$11,111,279
$359,989
$11,471,268
Total – Fund 12
Capital Outlay
$133,299
$81,331
$214,630
Total – Fund 10
Charter School $0
Total – Fund 20
Special Revenue
$131,750
$10,540
$142,290
Total – Fund 40
Debt Service
$459,000
($459,000)
TOTAL
$11,835,328
($7,140)
$11,828,188

16. Budget Vote and Election
In 2012, Gov. Christie signed legislation that eliminated the need for the public to vote on the school budget if it remains at or below the 2% tax levy cap, including specific exemptions such as banked cap, enrollment adjustment, or the health benefits waiver.
On 2/13/12, the Harding BOE adopted a resolution to move the annual school election to November.
Since the 19/20 budget is below the cap, it will not be on the ballot in November. The public will vote for BOE members in the general election on Tuesday, November 5, 2019.