2018-2019BUDGET

EASTERN CAMDEN COUNTY REGIONAL SCHOOL DISTRICT

PROGRAMS

Maintains all current instructional & athletic programs, all student

activities & current staffing levels

STUDENT FEES

uSports activity fee remains the same as the past eight (8) years

uNo new fees are imposed

NEW POSITIONS

uNo new full time staff positions anticipated

uTwo new activity advisor positionsv DECA – Second Asst. Advisorv STEAM Club Advisor

CONTINUATION OF NEW INITIATIVES

u Camden County College Option 2

u Continuation of iPad Initiative

u Training teachers to be Google classroom certified

u Expansion of AP Course offerings – 2 additional

offerings

OTHER EXPENDITURES

Textbook purchases: $46,240

Replacement Textbooks only

Equipment purchases:Physical Education Equipment – Lifestyle

Fitness Course

CAPITAL PROJECTS

Capital Projects = $1,158,000uReplacement of air conditioning

roof-top unitsuSolar Panel Project - $1,318,860uNetwork Infrastructure Upgrade

STATE AID

u$9,611,308 (Increase of $153,722 over the prior year)

uHas increased only 1.1% over five yearsuWas $9.9M in 2009-10uState aid represents 24.5% of General Fund

revenue

BUDGET BREAKDOWNu Total budget = $40,599,494u Comprised of three funds

1. General Fund = $39,170,519 (daily operating expenses and capital projects)

2. Special Revenue Funds = $510,400 (federal & state-funded grants designed for specific programs, delineated by those agencies)

3. Debt Service = $918,575 (to pay the bonds & interest previously approved, mainly for construction projects) – Final Payment on August 2, 2018

GENERAL FUND REVENUESEASTERN CAMDEN COUNTY REGIONAL SCHOOL DISTRICT

2018-2019 BUDGETED REVENUES

Budgeted TENTATIVE INC % of REVENUES FOR GENERAL FUND 2017-2018 2018-2019 (DECR) % CHANGE Total

Budgeted Fund Balance-General Fund 1,113,857 1,444,660 330,803 29.70% 3.69%Withdraw from Capital Reserve 195,000 1,158,000 963,000 493.85% 2.96%Withdraw from Maintenance Reserve 230,000 530,000 300,000 130.43% 1.35%Local Tax Levy 25,051,830 25,552,867 501,037 2.00% 65.23%Transporation Fees from Municipalities 190,000 190,000 0 0.00% 0.49%Tuition from Individuals 75,000 78,000 3,000 4.00% 0.20%Tuition from Other LEAs 85,000 82,000 (3,000) -3.53% 0.21%Interest on Capital/Maint Reserve 1,000 1,000 0 0.00% 0.00%Facility Use Fees 141,860 130,000 (11,860) -8.36% 0.33%Sports Participation Fees 95,000 95,000 0 0.00% 0.24%Miscellaneous Revenue 125,000 275,000 150,000 120.00% 0.70%

SUBTOTAL 27,303,547 29,536,527 2,232,980 8.18% 75.40%

STATE AID 9,457,586 9,611,308 153,722 1.63% 24.54%

FEDERAL AID: Semi Aid 18,321 22,684 4,363 23.81% 0.06%

TOTAL GENERAL FUND $36,779,454 $39,170,519 $2,391,065 6.50% 100.00%

SPECIAL REVENUES AND DEBT SERVICE

Budgeted TENTATIVE INC2017-2018 2018-2019 (DECR) % CHANGE

SPECIAL REVENUE FUNDS

NCLB Title I 180,275$ 180,000$ (275) -0.15%IDEA - Special Education 363,323 310,000 (53,323) -14.68%NCLB Title II & III 13,131 12,500 (631) -4.81%Municipal Drug Alliance & Non-Public Funds 9,042 7,900 (1,142) -12.63% TOTAL SPECIAL REVENUE FUNDS 565,771$ 510,400$ (55,371) -9.79%

REVENUES FOR DEBT SERVICEFund Balance Appropriated 1 (1)Local Tax Levy 930,499 918,575 (11,924) -1.28%Debt Service Aid TOTAL DEBT SERVICE 930,500 918,575 (11,925) -1.28%

GRAND TOTAL 38,275,725 40,599,494 2,323,769 6.07%

LOCAL TAX LEVY

Comprised of:Prior Year Tax Levy – GF $25,051,830General Fund Levy of 2% $501,037Total General Fund Tax Levy $25,552,867

Debt Service Tax Levy $918,575TOTAL TAX LEVY $26,471,442

LOCAL TAX LEVYDISTRIBUTION

Total Tax Levy (GF and DS) = $26,471,442

uBerlin Borough = $4,207,173

uGibbsboro = $1,209,653

uVoorhees Township = $21,054,615

MUNICIPAL PERCENT SHARE

% share of each municipality (Berlin Borough, Gibbsboro & Voorhees) - determined by a state-driven formula based on student enrollments & equalized property values

ChangeShare % over PY % Change

u Berlin 15.8932523% -0.1327564 -0.89%

u Gibbsboro 4.5696541% -0.3031879 -6.16%

u Voorhees 79.5370936% 0.4359443 0.54%

ANNUAL IMPACT

Based on average residential assessment

Yearly

Value Increase/Decrease Impact

u Berlin $233,900 +0.51¢ per $100 +$12.00

u Gibbsboro $156,171 -3.13¢ per $100 -$48.89

u Voorhees $258,800 +1.35¢ per $100 +$34.94

Difference in payments due to:

1. Change in assessments in each municipality2. Change in municipal % shares, as calculated by the State of NJ

LOCAL TAX LEVY –GENERAL FUND

u2012-2013 = 0% increase

u2013-2014 = 2% increase

u2014-2015 = 1% increase

u2015-2016 = 2% increase

u2016-2017 = 3.18% increase

u2017-2018 = 2.0% increase

u2018-2019 = 2.0% increase

No Vote on the Budget