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MATAWAN-ABERDEEN REGIONAL SCHOOL DISTRICT. 2012-2013 SCHOOL BUDGET. FISCAL RESPONSIBILITY. EDUCATIONAL Accountability. OUR SCHOOL BUDGET - PowerPoint PPT Presentation
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MATAWAN-ABERDEEN MATAWAN-ABERDEEN REGIONAL SCHOOL REGIONAL SCHOOL
DISTRICTDISTRICT
2012-20132012-2013SCHOOL BUDGETSCHOOL BUDGET
FISCAL
RESPONSIBILITY
EDUCATIONAL
ACCOUNTABILITY
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.
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
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
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
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
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
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
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
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
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
2012-2013 REVENUES
Total Tax Levy
75.8%
Fund Balance
2.7%
Misc. Revenue
0.4%
State Aid
19.5%
Grants
1.6%
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
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.)
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.