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Public Hearing 2008-2009 School Budget March 19, 2008 Deerfield Board of Education
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Public Hearing 2008-2009 School Budget March 19, 2008 Public Hearing 2008-2009 School Budget March 19, 2008 Deerfield Board of Education.

Dec 26, 2015

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Page 1: Public Hearing 2008-2009 School Budget March 19, 2008 Public Hearing 2008-2009 School Budget March 19, 2008 Deerfield Board of Education.

Public Hearing2008-2009 School Budget

March 19, 2008

Public Hearing2008-2009 School Budget

March 19, 2008

Deerfield Board of EducationDeerfield Board of Education

Page 2: Public Hearing 2008-2009 School Budget March 19, 2008 Public Hearing 2008-2009 School Budget March 19, 2008 Deerfield Board of Education.

Budget Development

•Early to Mid-November - Teachers discuss needs with building principal and superintendent.•December-January - Teachers and other personnel submit requests for funds and programs to the principal/Superintendent. Budgets are reviewed by the Superintendent.

Page 3: Public Hearing 2008-2009 School Budget March 19, 2008 Public Hearing 2008-2009 School Budget March 19, 2008 Deerfield Board of Education.

Budget Development•December/January-Preliminary figures were released along with the new funding formula

•January/February – Superintendent and Business Administrator review district needs and budget priorities

•February - Board of Education reviews budget and approves preliminary budget on February 27, 2008

•February 26, 2008 - Governor’s address on status of the state budget

•February 28, 2008 - Debt Service State Aid figures are released and the budget is revised based on these numbers

Page 4: Public Hearing 2008-2009 School Budget March 19, 2008 Public Hearing 2008-2009 School Budget March 19, 2008 Deerfield Board of Education.

Budget Development

•March 6, 2008 - Deadline to submit the budget to the Cumberland County Office of Education for review•March 19, 2008 - Public Hearing. The Budget is finalized for submission to the voters•April 15,2008 - School Election

Page 5: Public Hearing 2008-2009 School Budget March 19, 2008 Public Hearing 2008-2009 School Budget March 19, 2008 Deerfield Board of Education.

The 2008-2009 Budget includes:

• No staffing or program cuts (accounts for 2 retirements)– Ability to continue the expansion of the K-2 math series into grade 3

• 2 additional out of district student placements from 2007-2008

• Additional professional development for Board of Education, as required by law

• New funding formula State aid = 2.9% over 2007-2008 figures

Page 6: Public Hearing 2008-2009 School Budget March 19, 2008 Public Hearing 2008-2009 School Budget March 19, 2008 Deerfield Board of Education.

2008-20092008-2009 Anticipated RevenuesAnticipated Revenues

Tax Levy-Current 2,119,361 39.9%

State Aid 2,381,747 44.8%

Restricted State Aid 95,854 1.8%

Tax Levy-Debt 281,010 5.3%

Debt Service Aid 182,190 3.4%

Federal Programs 155,395 2.9%

Fund Balance 79,424 1.5%

Miscellaneous 21,000 0.4%

Total 5,315,981 100%

Page 7: Public Hearing 2008-2009 School Budget March 19, 2008 Public Hearing 2008-2009 School Budget March 19, 2008 Deerfield Board of Education.

2008-20092008-2009 Anticipated RevenuesAnticipated Revenues

Tax Levy-Current39.9%

State Aid44.8%

Restricted State Aid

1.8%

Tax Levy-Debt5.3%

Debt ServiceAid

3.4%

Federal Programs

2.9%

Fund Balance

1.5% Miscellaneous0.4%

Page 8: Public Hearing 2008-2009 School Budget March 19, 2008 Public Hearing 2008-2009 School Budget March 19, 2008 Deerfield Board of Education.

2008-2009 2008-2009 Anticipated ExpendituresAnticipated Expenditures

Instructional /Reg. Ed Tuition 1,648,695 31.0%

Debt Service 467,107 8.8%

Employee Benefits 709,998 13.4%

Student Support Services 294,654 5.5%

Special Education 836,476 15.7%

Operations & Maintenance 500,400 9.4%

Administrative Costs 367,049 6.9%

Transportation 324,214 6.1%

Business/Support Services 141,576 2.7%

Capital Outlay 25,812 0.5%

Total

5,315,981 100.0%

Page 9: Public Hearing 2008-2009 School Budget March 19, 2008 Public Hearing 2008-2009 School Budget March 19, 2008 Deerfield Board of Education.

2008-2009 2008-2009 Anticipated ExpendituresAnticipated Expenditures

Instructional /Reg. Ed Tuition

31%Debt Service8.8%

Employee Benefits13.4%

Student SupportServices

5.5%

SpecialEducation

15.7%

Operations & Maintenance

9.4%

AdministrativeCosts6.9%

Transportation6.1%

Business/Support Services

2.7%

Capital Outlay0.5%

Page 10: Public Hearing 2008-2009 School Budget March 19, 2008 Public Hearing 2008-2009 School Budget March 19, 2008 Deerfield Board of Education.

ANALYSIS OF TAXES

2005-2006 2006-2007 2007-2008 2008-2009

Current Tax Levy $1,743,257 $1,933,690 2,084,272 2,119,361

Debt Service Tax Levy 278,868 262,080 261,859 281,010

Total Tax Levy 2,022,125 2,195,770 2,346,131 2,400,371

Ratables171,360,34

7175,514,12

1 181,724,786181,672,70

0

Tax Rate $1.18 $1.25 $1.29 $1.31

Total Tax Increase $0.082 $0.071 $0.040 $0.023

Page 11: Public Hearing 2008-2009 School Budget March 19, 2008 Public Hearing 2008-2009 School Budget March 19, 2008 Deerfield Board of Education.

Average Home Assessment for Deerfield Township

2005-2006 2006-2007 2007-2008 2008-2009

Value=$128,000

$130,100 $132,800 $133,000

Taxes= $1513

$1628 $1714 $1,748

Increase from ‘07-’08 to ‘08 - ‘09 on the average assessed value =____$34.00________

Page 12: Public Hearing 2008-2009 School Budget March 19, 2008 Public Hearing 2008-2009 School Budget March 19, 2008 Deerfield Board of Education.

APRIL 15, 20082:00 p.m. – 9:00 p.m.

at the Municipal Building

PLEASE REMEMBER TO

VOTE