BLOOMINGDALE BOARD OF EDUCATION

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BLOOMINGDALE BOARD OF EDUCATION

• 2009/2010
• FISCAL YEAR BUDGET

2
WHATS NEW FOR 2009/2010?

• Handicapped Chairlift Replacement WTB School
• Energy Efficient Lighting Upgrade at the MBD
  School (40 Grant Funded)
• Replacement of Intercom System MBD and SRD
  Schools
• Offsite Electronic Data Storage

3
WHATS NEW FOR 2009/2010?

• Asbestos Floor Tile Removal SRD MBD Schools
• Sidewalk Repairs - WTB School
• One Additional One-on-One Special Education
  Classroom Aid
• Hearing Device Special Education Student

4
WHATS NEW FOR 2009/2010?

• New Spelling Workbooks Grade 5
• Replacement of 50 Broken Desks and Chairs
• Guided Reading Books Resource Room Grade 2-4
• Replacement of Obsolete File Servers (1) MBD
  School and (1) SRD School

5
WHAT COST SAVING MEASURES ARE INCLUDED?

• Continued Dual Role Positions of
  Superintendent/Principal and Principal/Child
  Study Team Supervisor
• Continued Participation in the Transportation
  Consortium
• Continued Participation in Ed-Data Cooperative
  Bidding Service

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WHAT COST SAVING MEASURES ARE INCLUDED?

• Interlocal Agreement with Manchester Regional BOE
  to provide Technology Support Services to
  Bloomingdale BOE
• Interlocal Agreement with West Milford BOE to
  provide Mechanical and Maintenance Services to
  Bloomingdale BOE transportation vehicles

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WHAT COST SAVING MEASURES ARE INCLUDED?

• Interlocal Lease Agreement to lease school fields
  to the Borough of Bloomingdale for the purpose of
  field improvements and enhance community usage.
• Interlocal Service Agreement with Asbury Park
  Board of Education to provide payroll processing
  services.

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WHAT COST SAVING MEASURES ARE INCLUDED?

• Approved Regular Operating District (ROD) Grant
  will provide 40 State Funding for the Energy
  Efficient Lighting Project at the MBD School
• Elimination of One Faculty Position
• Reduced Energy Costs Resulting from the
  Demolition of the Board Office

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2009/2010 Budgeted Revenues

• ACCT 2008-2009 2009-2010
• NUMBER DESCRIPTION REVENUES ANTICIPATED
• 10-303 Budgeted Fund Bal. - General
  Fund 30,000 561,014
• 10-303 Budgeted Fund Bal. - Cap. Res. Inc. 0 0
• 10-303 Budgeted Fund Bal. - Tuition
  Adjustmt 0 0
• 10-5200 Transfers from Other Funds 0 0
• 10-1210 Local Tax Levy 12,977,455 13,487,573
• 10-1XXX Interest on Capital Reserve 300 300
• 10-1XXX Unrestricted Miscellaneous
  Revenue 25,413 27,326
• 10-1410 Transportation Fees from Individuals 0 0
• SUBTOTAL 13,003,168 13,515,199
• 10-3120 Transportation Aid 0 0
• 10-3130 Special Education Aid 0 0

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2009/2010 Budgeted Revenues

• ACCT 2008-2009 2009-2010
• NUMBER DESCRIPTION REVENUES ANTICIPATED
• 10-3132 Categorical Special Education
  Aid 505,220 521,128
• 10-3176 Equalization Aid 1,544,609 1,428,395
• 10-3177 Categorical Security Aid 69,508 74,873
• 10-3121 Categorical Transportation
  Aid 175,906 270,847
• SUBTOTAL 2,401,051 2,401,051
• 10-4200 Medicaid Reimbursement 5,228
• SUBTOTAL 5,228
• Adjustments for Prior Yr Encumbrances 17,012 0
• TOTAL OPERATING BUDGET 15,451,231 16,482,492

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2009/2010 Budgeted Revenues

• ACCT 2008-2009 2009-2010
• NUMBER DESCRIPTION REVENUES ANTICIPATED
• 20-3213 Distance Learning Network Aid 0 0
• 20-3214 Instructional Supplement Aid 0 0
• TOTAL REVENUE FROM STATE SOURCES 0 0
• 20-32XX Other Restricted Entitlements 0 0
• 20-4411-16 Title I 35,305 28,244
• 20-4417-18Title VI 0 1,000
• 20-4420 I.D.E.A. Part B (Handicapped) 234,572 18
  7,658
• 20-4XXX Other 21,818 17,455
• TOTAL REVENUE FROM FEDERAL SOURCES
  291,695 234,357
• 40-303 Budgeted Fund Balance 0 0
• 40-1210 Local Tax Levy 0 0
• 40-3160 Debt Service Aid 0 0
• TOTAL REPAYMENT OF DEBT 0 0

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2009/2010 Budgeted Appropriations

• GAAP 2008-2009 2009-2010
• ACCOUNT NUMBER DESCRIPTION APPROPRIATIONS
  ANTICIPATED
• 11-1XX-100-XXX Regular Program Instruction 2,550,6
  84 2,696,437
• 11-2XX-100-XXX Special Education
  Instruction 853,945 1,003,342
• 11-230-100-XXX Basic Skills/Remedial
  Instruction 191,650 107,788
• 11-240-100-XXX Bilingual Education
  Instruction 59,791 45,147
• 11-401-100-XXX School Co-Curricular
  Activities/Instr. 29,915 27,075
• 11-402-100-XXX School Co-Curricular
  Activities/Instr. 14,733 14,733
• 11-000-100-XXX Instruction (Tuitions) 5,420,656
  6,031,609
• 11-000-211-XXX Attendance and Social Work
  Services 71,438 73,775
• 11-000-213-XXX Health Services 234,113 237,326
• 11-000-216,217 Other Supp. Serv-Related
  Extraord. 715,260 567,928
• 11-000-218-XXX Other Supp. Services-Students/Regul
  ar 78,939 93,823
• 11-000-219-XXX Other Supp. Services-Students/Speci
  al 315,879 389,512
• 11-000-221-XXX Improvement of Instructional
  Serv. 2,706 2,844

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2009/2010 Budgeted Appropriations

• GAAP 2008-2009 2009-2010
• ACCOUNT NUMBER DESCRIPTION APPROPRIATIONS ANTICIP
  ATED
• 10-604 Increase in Capital Reserve 0 0
• 10-604 Interest Deposit to Capital
  Reserve 300 300
• 12-XXX-XXX-73X Equipment 56,354 106,000
• 12-000-4XX-XXX Facility Acquisition Constr.
  Services 193,121
• TOTAL CAPITAL EXPENDITURES 56,654 299,421
• 10-000-100-56X Transfer of Funds to Charter
  Schools 53,095 45,857
• TOTAL CHARTER SCHOOLS 53,095 45,857
• 20-214-100-XXX Instructional Supplement Aid 0 0
• TOTAL STATE PROJECTS 0 0
• 20-XXX-XXX-XXX Title I 35,305 28,244
• 20-XXX-XXX-XXX Title VI 0 1,000
• 20-XXX-XXX-XXX I.D.E.A. Part B 234,572 187,658

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OPERATING BUDGET QUESTION

• REGULAR OPERATING FUND LEVY BASE BUDGET
• RESOLVED, That there should be raised for
  General Funds 13,487,573 for the ensuing School
  Year (2009-2010).

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OPERATING BUDGET TAX EFFECT

• 2009-10 GENERAL FUND SCHOOL TAX LEVY
  13,232,514
• 2009 NET RATABLES (AS OF 10/01/08) 422,072,82
  4
• TAX RATE 0.031351
• 2009 TAX RATE PER 100 ASSESSED VALUE 3.135
• 2008 TAX RATE PER 100 ASSESSED VALUE 3.032
• 2009-10 TAX RATE INCR. PER 100 ASSESSED
  VALUE 0.103
• 2009 AVERAGE ASSESSED HOME 147,869
• 2009 AVERAGE ASSESSED HOME PER 100 1,479
• 2009-10 AVERAGE ANNUAL TAX INCREASE
  (DECREASE) 152.49

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PUBLIC BUDGET HEARING

• WALTER T. BERGEN LIBRARY
• MONDAY, MARCH 30, 2009 700PM

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ANNUAL SCHOOL ELECTION

• TUESDAY, APRIL 21, 2009
• POLLING HOURS 700AM TO 900PM
• POLLING LOCATIONS
• BLOOMINGDALE HEALTH CENTER 255 UNION
  AVENUE DISTRICT 1
• SAMUEL R. DONALD SCHOOL 29 CAPTOLENE
  AVENUE DISTRICTS 2 5
• BLOOMINGDALE FIRE HALL 97 HAMBURG
  TURNPIKE DISTRICTS 3 4
• PLEASE VOTE !

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PROPERTY TAX REIMBURSEMENT

• QUALIFICATIONS FOR 2008 REIMBURSEMENT
• Must be at least 65 Years Old
• Must have lived in New Jersey since 01/01/96
• Must have owned and living in your home or leased
  a mobile home site
• OR
• Receiving Federal Social Security Disability as
  of 12/31 of the preceding year

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PROPERTY TAX REIMBURSEMENT

• INCOME LIMITATIONS FOR 2008
• SINGLE LESS THAN 70,000
• MARRIED LESS THAN 70,000
• INCOME LIMITATIONS FOR 2007
• SINGLE LESS THAN 45,135
• MARRIED LESS THAN 55,344
• NOTE MARRIED RECENTLY CHANGED TO 60,000
• TAX REIMBURSEMENT (Form PTR-2) MUST BE FILING ON
  OR BEFORE JUNE 1, 2009
• (Eligibility for this program is subject to the
  payment in full of all property taxes through
  12/31/08)

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PROPERTY TAX REIMBURSEMENT

• HOTLINE
• 1-800-882-6597
• WEBSITE
• www.state.nj.us/treasury/taxation/
• Click Property Tax Relief Program
• Senior Freeze Act
• PTR1 - Application

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BLOOMINGDALE STATISTICS

• TAX YEARS HOUSEHOLDS
• 1999 48
• 2000 51
• 2001 54
• 2002 154
• 2003 130
• 2004 163
• 2005 165
• 2006 189
• 2007 200
• 2008 192