PEQUANNOCK TOWNSHIP SCHOOL DISTRICT BUDGET 2016 2017 Brett

PEQUANNOCK TOWNSHIP SCHOOL DISTRICT BUDGET 2016 -2017 Brett Charleston, Superintendent Kathy Bechtel, School Business Administrator April 25, 2016

Changes in Enrollment 2009 - 2016

Priorities included in the 2016 -2017 budget include the following Educational Programs & Services ➢ New staff ➢Elementary Counselor / SAC (Student Assistant Counselor) ➢STEM / IT Instructional Coach to focus on elementary and middle school ➢Elementary School Psychologist – part of a new special education program bringing students back to district ➢P/T Technician ➢ 2 PTHS Music Teachers – Changed from. 8 to Full-time ➢Addition of Volleyball and Indoor Track ➢Positions not in the budget ➢Elementary Special Education Teacher ➢School Secretary ➢Reduction of 3 Full-time Aide’s to 3 Part-time (. 6) positions

2016 -2017 budget priorities include the following Educational Programs & Services ➢ 7 sections of Kindergarten for 2016 -2017 ➢Continued implementation of Teacher and Principal Evaluation System. ➢Targeted Professional Development in Common Core Standards and Technology. ➢Maintenance of existing class sizes. ➢Continuation of the STEM Academy at PTHS. Cohort 2 currently has 25 students. ➢Continuation of the SLE (Structured Learning Experience) Program at PTHS and addition of Senior Capstone Program. Both programs have approximately 50 students enrolled. ➢Provision of AP(Advanced Placement) Courses including increased enrollment at PTHS ➢ 2 sections of AP Environmental Science, AP Computer Science, 2 sections of AP Psychology, AP Language and Composition ➢ Enhanced Technology Literacy with the addition and replacement of computers to expand 1: 1 initiatives and to support PARCC ➢ Expansion of STEM / Science Education classes at the elementary schools.

Sources of Revenue for Pequannock Township Public Schools

Pequannock Township Public School Revenues 2016 -2017 • Local Tax Levy • State Aid • Extraordinary Aid • Tuition • Miscellaneous Income • Transportation Fees LEAs • Rent • Withdrawal from Capital Reserve • Appropriation from Surplus • Total Revenues 2016 -2017 $33, 139, 323 $2, 247, 383 $300, 000 $219, 893 $34, 000 $15, 000 $70, 000 $595, 000 $1, 250, 000 $37, 870, 599 • 2016 -2017 state aid increased $35, 119 2015 -2016 $32, 281, 958 $2, 212, 264 $300, 000 $234, 000 $15, 000 $70, 000 $450, 000 $1, 524, 323 $37, 121, 545 Change 2. 66% 1. 59% 0. 00% -6. 03% 0. 00% 32. 00% -18. 00% 2. 02%

Revenues

Expenditures for Pequannock Township Public Schools

2016 -2017 Budget Expenditures

Distribution of Expenses Chart Title Salaries (60%) Benefits (21%) All Other (18%) $ 6, 790, 756 $ 7, 928, 980 $ 22, 378, 486

2016 -2017 Tax Levy General Fund Tax Levy (2. 66% increase) $33, 139, 323 Debt Service Tax Levy * 795, 800 School Tax Levy to support PTPS: $33, 935, 123 * Debt Service Tax levy previously approved by the community through an earlier referendum.

Tax Levy over 3 years 2014 -2015 General Fund Local Tax Levy $31, 711, 157 Change Debt Service Change $ 874, 625 2015 -2016 -2017 $32, 281, 958 +$570, 801 $33, 139, 323 +857, 365 $ $ 820, 694 -$53, 931 795, 800 -$24, 894

Tax Information School tax rate per $100 of assessed valuation YEAR TAX RATE 2015 $ 1. 356 2016 $ 1. 352 TAX IMPACT ON AVERAGE HOME Pequannock Township Average Home Annual Tax Decr. $ 371, 813 ($14. 87 )

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