PENNSAUKEN SCHOOL DISTRICT

1
PENNSAUKEN SCHOOL DISTRICT

• 2008 - 2009
• BUDGET
• PRESENTATION
• March 27, 2008

2
Significant Changes in State Funding Formula for
2008-2009

• School Funding Reform Act (SFRA) of 2008
• Previous funding formula, CEIFA, has not been
  used since 2002, resulting in five years of flat
  state funding.
• State funding for education increases 532
  million.
• All school districts receive a state aid
  increase of at least 2 during the first year,
  and no decreases in state aid during the first
  three years of the program.
• State aid per regular ed. pupil is as follows
• 9,649 Elementary
• 10,035 Middle
• 11,289 High

3
How Does the SFRA of 2008 Affect Pennsauken
Public Schools?

• State aid increase for 2008-2009 is 20.
• 2008-2009 State Aid (Operating Budget) -
  46,421,713
• 2007-2008 State Aid (Operating Budget) -
  38,684,761
• Total Increase in Aid - 7,736,952

4
Economic Conditions
5
Comparative Spending Guide

• Compared with 104 districts in the same category
  (K-12, 3501 students), Pennsauken ranked
• - 32nd lowest in total cost per pupil
• - 13.0 student/teacher ratio
• Current cost per pupil of 11,414 is below the
  state average of 12,806

6
Basic Budget Facts

• State Aid increased by 7,736,952 in the
  Operating Fund and by 40,104 in the Debt Service
  Fund
• Projected 2.0 Fund Balance of 1,461,465 as
  permitted under NJ Administrative Code.
• Zero dollar increase in the Tax Levy.
• Increasing Special Education Out of District
  Costs

7
More Facts

• Increasing Instructional Costs
• Increasing Insurance Costs
• Increased Energy, Fuel, Salary and Benefit costs
• Uses Alternative Funding Sources Such As E-Rate
  Reimbursement, Land Rentals and Interest Income
  To Meet District Needs

8
Budget Recommendations

• Present a Budget with Modest Increases to Cover
  Anticipated Contractual Commitments
• Implement Recommendations from CAPA Report
  (Collaborative Assessment for Planning
  Achievement)
• Utilize 7,483,820 in Fund Balance (Surplus) in
  the General Fund
• Utilize Carryover Funds from Early Childhood
  (ECPA), Demonstrably Effective (DEPA) Program Aid
  and Targeted At-Risk Aid (TARA) Grants
• Meet Demands Of the Core Curriculum Content
  Standards

9
District Revenue
10
How We Utilize Your Funds

• Instruction 41,706,265 46.44
• Includes
• Regular Instruction
• Special Education Instruction
• Basic Skills/Remedial Instruction
• Tuition to Other Districts
• Other Instruction
• Summer School

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How We Utilize Your Funds

• Student/Instructional Support Services
  7,679,783 8.55
• Includes
• Attendance and Health
• Guidance
• Child Study Team
• Instructional Improvement
• Library/Media
• Other Instructional/Student Services

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How We Utilize Your Funds

• Total District and School Administration
  6,338,414 7.06
• Operation/Maintenance of Plant
  8,807,448 9.81
• Transportation 4,383,587
  4.98
• Capital Outlay
  3,176,400 3.54
• Transfer to Charter Schools
  977,618 1.09
• Athletics/Co-curricular Activities
  912,601 1.02
• Business Other Support Services
  15,826,455 17.62
  Includes Health Benefits,
• Workers Compensation, Pension Social
  Security

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Whats new in the 08-09 Budget?

• (2) Regular education elementary teachers
• (1) Special education elementary teacher
• (2) Special education intermediate school
  teachers to assist in inclusion classrooms
• (2) Special education middle school teachers to
  assist in inclusion classrooms
• (2) Special education high school teachers to
  assist in inclusion classrooms
• (1) Social worker to assist the growing special
  education population
• (1) Additional nurse at the high school
• (1) Additional mathematics instructional coach
  for the elementary program
• (1) Mathematics instructional coach for the high
  school
• (1) Language arts instructional coach for the
  high school
• (1) Special education instructional coach for the
  high school
• (1) Director of Curriculum

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Whats new in the 08-09 Budget?

• Boiler replacement at the high school
• Replacement of bleachers at the middle school
• New playground equipment at Baldwin school
• Installation of air conditioning in cafeteria at
  the middle school
• Security camera systems at the high school,
  middle school and intermediate school
• Portable bleachers at the middle school
• Telephone system replacement at the middle school
  and administration building
• Equipment purchases Football sled, musical
  instruments for the high school and middle
  school, aerator for field maintenance

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Budget at a Glance

• Pennsauken Total Budget All Funds
• 2007-2008 Proposed Budget 98,464,604
  
• 2006-2007 Revised Budget 86,704,301
• Budget Increase
  11,760,303
• 2008-2009 Proposed Tax Rate 2.220
• 2007-2008 Tax Rate 2.220
• Increase 0.000

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What This Means to You

• Based on a Home Assessed at 100,000
• (Average Home Assessment in
  Pennsauken is 89,900)
• 2008-2009 Proposed Tax Levy 36,471,407
  2,220.00
• 2007-2008 Tax Levy 36,471,407 2,220.00

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Where and when can I vote?

• SCHOOL ELECTION APRIL 15, 2008
• Polls open from 200 p.m. to 900 p.m.
• Delair School - Election Districts 9, 14
• Homestead Youth Building Election Districts 8,
  10, 21
• Temple Lutheran Church Election Districts 5,
  11, 13
• Pennsauken Intermediate School Election
  Districts 6, 17
• Longfellow Elementary School Election Districts
  12, 15, 19
• Burling Elementary School Election Districts
  16, 20
• Pennsauken Library - Election Districts 1, 7
• Baldwin Elementary School Election District 2
• Franklin Elementary School Election Districts
  3, 18, 23
• Carson Elementary School Election District 4
• Cooper River Building East Election District 22