Public Hearing 2012-2013 School Budget March 28, 2012 Public Hearing 2012-2013 School Budget March 28, 2012 Deerfield Board of Education.

Public Hearing2012-2013 School Budget

March 28, 2012

Public Hearing2012-2013 School Budget

March 28, 2012

Deerfield Board of EducationDeerfield Board of Education

Why are we here?

Budget Development

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

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

•February 21, 2012 Governor’s budget address on state of the state

•February 23, 2012 State Aid figures were released

•February 29, 2012- Board of Education approves the preliminary budget for submission to the County Office of Education

•March 5, 2012 - Deadline to submit the budget to the Cumberland County Office of Education for review

•March 28, 2012- Public Hearing. The Budget is finalized.

No public vote on the budget. Tax Levy increase is 2% or less.

Budget Specifics– Some co-curricular

(afterschool) sports and activities

– Field trips for each grade level

– Technology upgrades and equipment

– Shared curriculum coordinator

– Math textbooks at select grades

– Increased literacy resources

-- Pre School Program (2 --1/2 day sessions)

-- 2 homeroom sections at each grade level (K-8)– Class size remains

between 14-26-- Special Subjects (art, music,

phys. ed., library, technology, and spanish)

-- Professional development--Increased CST time in district

2012-20132012-2013 Anticipated RevenuesAnticipated Revenues

Tax Levy-Current 2,293,870 40.8%

State Aid 2,485,960 44.2%

Restricted State Aid- Grants 196,039 3.5%

Tax Levy-Debt 241,042 4.3%

Debt Service Aid 126,154 2.2%

PreSchool Grant 58,688 1.0%

Fund Balance- Operating Budget 205,004 3.7%

Fund Balance- Repaymt of Debt 12,461 0.2%

Miscellaneous 5,000 0.1%

Total 5,624,218 100%

2012-20132012-2013Anticipated RevenuesAnticipated Revenues

2012-20132012-2013 Anticipated ExpendituresAnticipated Expenditures

Instructional/Reg Ed Tuition 1,706,107 30.3%

Debt Service 379,657 6.8%

Employee Benefits 981,344 17.5%

Student Support Services 372,066 6.6%

Special Education 883,823 15.7%

Operations & Maintenance 425,560 7.6%

Administrative Costs 287,983 5.1%

Transportation 372,360 6.6%

Business/Support Services 137,176 2.4%

Capital Outlay 78,142 1.4%

Total 5,624,218 100%

2012-20132012-2013Anticipated ExpendituresAnticipated Expenditures

ANALYSIS OF TAXES

2009-2010 2010-2011 2011-2012 2012-2013

Current Tax Levy 2,139,361 2,197,331 2,248,892 2,293,870

Debt Service Tax Levy 276,596 293,190 257,629 241,042

Total Tax Levy 2,415,957 2,490,521 2,506,521 2,534,912

Ratables186,638,21

5185,633,97

8187,619,46

1189,386,59

9

Tax Rate $1.294 $1.342 $1.336 $1.338

Total Tax Increase/(Decrease) ($0.020) $0.047 ($0.006) ($0.002)

Average Home Assessment for Deerfield Township

2009-2010

2010-2011

2011-2012

2012-2013

$135,200 $135,580 $136,500 $137,600

$1,750 $1,819 $1,824 $1,842

Increase from ‘11- 12 to ‘12 -13 on the average

assessed value = $18.00

PLEASE REMEMBER–

There is no vote for the school budget because the

law has changed.

School Board elections are now in November. If the Tax Levy increase is at or below 2%, there is no need for a

public vote.