HAZLET TOWNSHIP PUBLIC SCHOOLS 2014 – 2015 SCHOOL BUDGET INFORMATION Dr. Bernard F. Bragen, Jr. Superintendent of Schools Mr. Christopher J. Mullins School.

HAZLET TOWNSHIP PUBLIC SCHOOLS

2014 – 2015SCHOOL BUDGET INFORMATION

Dr. Bernard F. Bragen, Jr.Superintendent of Schools

Mr. Christopher J. MullinsSchool Business Administrator

Where do we begin?

The Hazlet Township Public Schools’ Mission

Educating our students…to achieve their maximum potential.

The Hazlet Township Public Schools’ Vision

In the pursuit of excellence, the Hazlet Township Public School District, through a rigorous academic program with high expectations, will provide students with opportunities that lead them to become responsible, independent-thinking, global citizens. The school community will implement this vision through ongoing and honest self-reflection with a commitment to continuous improvement.

Public Hearing

County Approval

Full Board of Education

Board Finance Committee

Central Office Administration

Building Level

Budgetary Process

2014-2015 School Budget Objectives

Articulate a sound multi-year approach. This will be accomplished by assessing the attainment of previous goals and planning for future goals outlined in the District’s Middle States Evaluation and Long Range Strategic Plan.

Ensure all resources are expended in relation to the district goals and plan, and are driven by student achievement. In order to do this, adequate levels of measurement, data collection and analysis must be completed.

Demonstrate that the Administrative Team and the Board of Education have made sound budgeting decisions that are in the best interests of the school community and aligned with student needs.

Ten-Year Budget History General Budget State State Aid Tax Tax Levy

Budget Change Aid Change Surplus Levy Increase

2004-2005 40,809,052 1,496,934 3.75% 11,916,050 - 1,051,376 26,543,966 597,522 2.3%

2005-2006 43,183,254 2,374,202 5.82% 11,916,050 - 1,530,238 28,587,284 2,043,318 7.7%

2006-2007 43,861,919 678,665 1.57% 11,966,050 50,000 790,000 29,790,041 1,202,757 4.2%

2007-2008 45,080,534 1,218,615 2.78% 12,299,282 333,232 800,000 30,632,424 842,383 2.8%

2008-2009 46,111,488 1,030,954 2.29% 13,454,433 1,155,151 1,324,822 30,982,233 349,809 1.1%

2009-2010 46,623,149 511,661 1.11% 13,454,145 (288) 1,206,000 31,600,058 617,825 2.0%

2010-2011 46,040,449 (582,700) -1.25% 11,125,785 (2,328,360) 1,196,087 33,315,527 1,715,469 5.4%

2011-2012 * 47,007,109 966,660 2.10% 11,125,785 - 1,195,444 33,440,463 124,936 0.4%

2012-2013 48,219,480 1,212,371 2.58% 12,606,511 1,480,726 1,712,653 33,440,463 0 0.0%

2013-2014 ** 48,430,443 210,963 0.44% 12,606,511 - 1,250,000 34,108,882 668,419 2.0%

2014-2015 49,680,012 1,249,569 2.58% 12,666,951 60,440 1,456,337 35,091,060 982,178 2.9%

** Without Capital Reserve of $1,550,000 * 2011-2012 had a $124,936 reduction in debt service tax levy.

Two-Year Revenue Comparison

REVENUE SUMMARY 2013-2014 2014-2015 CHANGE

Local Property Taxation 34,108,882 35,091,060 982,178

Fund Balance 1,250,000 1,456,337 206,337

Capital Reserve 1,550,000 - (1,550,000)

Tuition 80,000 95,000 15,000

Miscellaneous Revenue 225,050 225,050 -

State Aid 12,731,511 12,791,951 60,440

Federal Aid 35,000 20,701 (14,299)

Total General Fund 49,980,443 49,680,099 (300,344)

State Aid History

STATE AIDAs per the State of New Jersey, Department of Education, Division of Administration and Finance, Office of School Finance:

Projected 2013-2014 State Aid $14,799,560

Prorated 2013-2014 State Aid $12,606,511

Shortfall $ 2,193,049

Figures have not been released yet for the 2014-2015 budget however, this shortfall needs to be corrected.

TAX LEVYWith a lower increase than permitted last year and no increase in school taxes in 2011-12 and 2012-13, Hazlet real estate taxes in this budget remain $1.29 million LESS than permitted by State Regulations.

$481,666 in banked CAP expires with the adoption of this budget and can never be raised again.

$804,044 of banked CAP will be carried forward.

School Development Authority (SDA) GrantsThe District has been awarded an additional $1.3

million in construction grants from the SDA.

This bring the totals awards to $2,325,428, over the four phases of the grant awards.

School Purpose Budget State Share Local

Raritan High School Boiler Replacement 623,000 249,200 373,800 Raritan High School Gym RTU Replacement 634,000 253,600 380,400 Lillian Drive School Partial Roof Replacement 507,200 202,880 304,320 Middle Road School Structural Repairs 760,800 304,320 456,480 Raritan Valley School Window Replacement 228,240 91,296 136,944 Middle Road School Media Center 65,052 26,021 39,031 Raritan High School RTU - Café/Kit/Locker 446,500 178,600 267,900

Total $ 3,264,792 $ 1,305,917 $ 1,958,875

All current educational

programs and initiatives remain

intact!

What are some new initiatives contained in the 2014-2015 School Budget?

PROGRAM ENHANCEMENTS

Expanded AP and Technology offerings in Raritan High School

New AVID Program in Middle School and High School

Increased course offerings in High School and Middle School

New Textbooks (AP, Algebra & Social Studies)

Expanded Summer Enrichment including Advanced Placement

Implementation of Middle States District-Wide Accreditation Goals

TECHNOLOGY ENHANCEMENTS New Software Programs / APPS

SMARTBoards

iPads and iTouches

Chromebooks

Laptops

TV Studio Upgrades

ELMO Document Camera Projection Systems

FACILITY IMPROVEMENTS

HVAC Systems at Raritan High School

Technology Infrastructure

Media Center at Middle Road School

Window Replacements

Interior and Exterior Doors

Bathroom Renovations

Classroom Renovations

2014-2015 DISTRICT BUDGETDedicated to supporting our students in

achieving their maximum potential, as well as remaining fiscally responsible

For more detailed budget and school information visit: www.hazlet.org

“Educating our students…to achieve their maximum potential.”