1. PROPOSED SCHOOL BUDGET 2013-2014 SCHOOL YEAR

2. BUDGET SUMMARY GENERAL FUND2012-20132013-2014Increase/Decrease WITHDRAW CAP RESERVE$150,000$275,000$125,000 SURPLUS$479,430$275,955($203,475) LOCAL TAX LEVY$13,678,927$14,110,079$431,152 or 3.15% MISCEL. REVENUE$165,000$180,000$15,000 TUITION REVENUE$100,000$0($100,000) EXTRAORDINARY AID$0$116,728 STATE AID$735,696$811,293$75,597 TOTAL$15,309,053$15,769,055$460,002 or 3 % DEBT SERVICE2012-20132013-2014Increase/Decrease SURPLUS $1 0 LOCAL TAX LEVY$494,012$519,918$25,906 TOTAL$494,013$519, 919$25,906

3. SOURCES OF REVENUE

4. HOW ARE THE DISTRICT’S FUNDS SPENT:

5. ENROLLMENT HISTORY

6. COMPARATIVE SPENDING Total Comparative Cost Per Pupil 2013-2014 Source: School District Budget Statement Woodland Park BOE$12,531 Totowa BOE$14,613 Little Falls BOE$14,449

7. BUDGET POINTS Proposed budget stays within state tax cap Shifts existing resources by eliminating and adding positions for more effective educational programs Adds (1)new PE/Health teacher for Charles Olbon and Memorial Schools Adds new part-time K-2 art teacher Adds new part-time technology support position(2 days per week)

8. BUDGET POINTS Continued Eliminates 6 part time aide positions Eliminates 1 part time Basic Skills teacher position Reduces 1 grade 3 class and increases 1 grade 2 class to align with enrollment Begin to phase in wireless computer network district wide Allows for 7.6% increase in health insurance benefits net of employee contributions

9. PLANS FOR 2013-2014 Continuation of training for staff for the implementation of Common Core Standards in English Language Arts and Math.  Continuation of our Readers and Writers Workshop Program.  Attendance of Teachers at the Columbia Teachers College Readers and Writers Summer Institute for intensive training.

10. PLANS FOR 2013-2014  Development of new middle school schedule to foster the middle school philosophy. Preparation for PARCC for the 2014-2015 School Year.  Implementation of Linkit!, a strategic data driven instruction based program for Math and ELA and evaluation system that pin-points areas of need for each student, from grades two to eight.

11. PLANS FOR 2013-2014  Continuation of a Math Lab and institution of an English Language Arts Lab at Memorial School. Continuation of Peer Tutoring, ESL Tutoring, and Articulation with PVHS.  Continuation of Professional Learning Communities and meaningful articulation across district schools.  Continuation of ongoing training for district staff with a Literacy Consultant

12. FACILITY HIGHLIGHTS REALIZED IN 2012-2013 Memorial School First full year operation of new Cafeteria at Memorial School -Food Service program operated without subsidy Major flood restoration project completed for interior of school -Classroom floors, doors, painting, gym floor, science labs, library New front entrance, signage, HVAC, parking lot expansion

13. FACILITY HIGHLIGHTS REALIZED IN 2012-2013 Continued Beatrice Gilmore School - Four classroom addition, renovations, parking lot expansion Charles Olbon School - Three classroom addition, HVAC system, window shades

14. FACILITY IMPROVEMENTS PLANNED FOR 2013-20 14 Charles Olbon School -Parking lot expansion to start May 1, 2013 Administration Building – New flooring and interior painting

15. TAX IMPACT Property taxes for the average home assessed at $364,724 local school tax will increase from $3,073 to $3176 or $ 103 per year – $ 8.58 per month TAX CALCULATION:  tax rate increases from $.8428 per hundred to $.8710 cents per hundred(Residents must plug in homes assessed value then divide by 100 times.8710 for local school tax)