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MATAWAN-ABERDEEN REGIONAL MATAWAN-ABERDEEN REGIONAL SCHOOL SCHOOL DISTRICT DISTRICT 2012-2013 2012-2013 SCHOOL BUDGET SCHOOL BUDGET

MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

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Page 1: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

MATAWAN-ABERDEEN MATAWAN-ABERDEEN REGIONAL SCHOOL REGIONAL SCHOOL

DISTRICTDISTRICT

2012-20132012-2013SCHOOL BUDGETSCHOOL BUDGET

Page 2: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

FISCAL

RESPONSIBILITY

EDUCATIONAL

ACCOUNTABILITY

Page 3: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

OUR SCHOOL BUDGET

Even in the midst of challenging economic times, our fiscal focus is to maintain as

many programs, assets, staff, and financial opportunities as possible.

Page 4: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

EDUCATIONAL OBJECTIVES

• COMMITMENTCOMMITMENT TO IMPROVE STUDENT ACHIEVEMENT

• MAINTAINMAINTAIN ALL EXISTING INSTRUCTIONAL PROGRAMS

• MAINTAINMAINTAIN APPROPRIATE CLASS SIZE AVERAGES

• PROVIDEPROVIDE A SAFE AND SECURE LEARNING ENVIRONMENT

• COMMITMENTCOMMITMENT TO EFFICIENCY IN SCHOOL OPERATIONS

• PROVIDE NECESSARY STAFFING TO SUPPORT CURRENT

AND FUTURE MANDATES AND DISTRICT INITIATIVES

Page 5: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

ENROLLMENT

ASSA count of October 15

2008-2009 2009-2010 2010-2011 2011-2012 2012-2013

3,739

3,806.5 3,801.5

3,839.5

3,918

Page 6: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

WHAT IS INCLUDED IN THIS BUDGET IN-HOUSE SPECIAL EDUCATION PROGRAMS

ADDITIONAL SUPPORT PERSONNEL

LITERACY CONSULTANT

CAREER ACADEMIES

FRESHMAN ACADEMY

PRESCHOOL PROGRAM

FULL DAY KINDERGARTEN

SUPPORT OF THE ARTS

INSTRUCTIONAL SUPPLIES

TECHNOLOGY

STUDY ISLAND 3-12, READING EGGS K-2

TRANSPORTATION/LATE BUSSES

ALL ADVANCED PLACEMENT COURSES

ATHLETIC/CLUBS/INTRAMURAL PROGRAMS

ABERDEEN POLICE RESOURCE OFFICER

Page 7: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

ATHLETICS & CLUBS

39 High School Student activities and clubs

22 Middle School student activities and clubs

47 High School athletic coaches

12 Middle School athletic coaches

28 Interscholastic Athletic teams

YMCA Partnership

Page 8: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

This budget DOES NOT have, nor did we request, any waivers

or adjustments that would require the district budget to

exceed the maximum available tax levy. The budget is below the maximum tax levy by $292,381

and below the Governor’s 2% tax levy cap.

2012-2013 Budget

Page 9: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

FINANCIAL HIGHLIGHTS

• Tax levy at 1.5%, below maximum cap levy of 2%

• State aid increased $869,215

• Administrative costs are far less than the state

and regional average

• Per pupil costs are less than the state average

Page 10: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

COMPARATIVE COST PER PUPIL

SCHOOL YEAR

COST PER

PUPIL

STATE AVERAGE

2009-2010 $12,820 $13,629

2010-2011 $11,791 $13,587

2011-2012 $12,616

2012-2013 $13,074

Page 11: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

ADMINISTRATIVE PER PUPIL COSTS

SCHOOLYEAR

TOTALADMINISTRATIVE

COSTS

REGIONAL LIMITS

2009-2010 $1,432 $1,719

2010-2011 $1,329 $1,747

2011-2012 $1,261 $1,768

2012-2013 $1,235 $1,812

Page 12: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

REVENUES2011/12 vs. 2012/13

2012/13

Local Tax Levy - Operating Budget $45,523,260

- Debt Service $ 2,443,473

Total Tax Levy $47,966,733

Budgeted Fund Balance:

- Operating Budget $ 1,674,734

- Debt Service $ 12,187

Total Budgeted Fund Balance $ 1,686,921

State Aid $12,389,689

Misc. Revenue $ 249,100

Federal Job Funds $ 0

Grants $ 990,424

$63,282,867

2011/12

Local Tax Levy - Operating Budget $44,850,503$44,850,503

- - Debt Service $ 2,476,720

Total Tax Levy $47,327,223

Budgeted Fund Balance:

- Operating Budget $ 793,482

- Debt Service $ 4

Total Budgeted Fund Balance $ 793,486

State Aid $ 11,011,325

Misc. Revenue $ 846,085

Federal Job Funds $ 430,000

Grants $ 1,368,114

$61,776,233$61,776,233

Page 13: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

2012-2013 REVENUES

Total Tax Levy

75.8%

Fund Balance

2.7%

Misc. Revenue

0.4%

State Aid

19.5%

Grants

1.6%

Page 14: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

EQUALIZED VALUATION

Municipality School Year

Percentage Share

General Fund Debt Service Total Tax Levy

Aberdeen 11/12

12/13

67.6495808

68.2183264

$30,341,177.27

$31,055,206.09

$1,675,490.70

$1,666,896.39

$32,016,667.97

$32,722,102.48

Matawan 11/1212/13

32.3504192

31.7816736

$14,509,325.73

$14,468,053.91

$801,229.30

$776,576.61

$15,310,555.03

$15,244,630.52

TOTAL 11/12

12/13

100% $44,850,503.00

$45,523,260.00

$2,476,720.00

$2,443,473.00

$47,327,223.00

$47,966,733.00

Municipality School Year Percentage Share Regional Equalized Valuation

Assessed

Valuation

Aberdeen 11/12

12/13

67.6495808

68.2183264

2,150,652,300

2,159,909,536

2,089,309,000

2,071,781,848

Matawan 11/12

12/13

32.3504192

31.7816736

1,028,454,319

1,006,212,445

1,052,188,800

1,044,278,871

TOTAL 11/12

12/13

100% 3,179,106,619

3,166,121,981

Page 15: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

TAX IMPACTABERDEEN TOWNSHIP Projected Tax Increase

MATAWAN BOROUGH

Projected Tax Increase

House assessed at:

$336,582 would pay $33.58 more per year ($2.80 per mo.)

$200,000 would pay$19.95 more per year ($1.66 per mo.)

$100,000 would pay$9.98 more per year ($0.83 per mo.)

House assessed at:

$282,139 would pay $153.47 more per year ($12.79 per mo.) $200, 000 would pay $108.79 more per year ($9.07 per mo.)

$100,000 would pay$54.39 more per year ($4.53 per mo.)

Page 16: MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT 2012-2013 SCHOOL BUDGET

Matawan-Aberdeen Public Education:

►Educational Accountability for Matawan-Aberdeen’s children

►Fiscal Responsibility for Matawan-Aberdeen’s Taxpayers

We would like to thank the Matawan-Aberdeen community for supporting our schools.