Teaneck Board of Education
Budget 2019-2020…
Mending our Structural Deficit for the Strategic Goals of the Future of Teaneck

Mending our Present for the Hope of our Future…

Mission

That each may learn

Board Goals 2018-2019
GOAL 1: Students attending the Teaneck Public Schools will acquire the critical thinking skills, knowledge and understanding to be successful global citizens in the twenty first century.

GOAL 2: Teachers and administrators in the Teaneck Public Schools will continue the development of the skills, knowledge and understanding necessary to support student.

GOAL 3: The Teaneck Public Schools will be proactive in creating safe and inclusive school environments for students and adults by utilizing the
support services of the members of the greater Teaneck community.

GOAL 4: The Teaneck Public Schools will communicate effectively with parents and with the greater community.

GOAL 5: The Teaneck Public Schools will explore additional revenue sources to support goals 1-4 beyond local and state aid to further its educational mission.

District Goals & your Budget

the purpose of a goal driven budget is to assist in the attainment of a shared vision for the district and each school. A goal driven budget should be designed to take care of all the fixed costs and then disperse the remainder of money to fund the goals and vision outlined in the District’s Strategic Plan.

School Goals

Budget Highlights that focus on Student Achievement, Climate and Culture and 21st Century Learners

Bryant School Budget Highlights

Student Achievement

Climate & Culture

21st Programs

•	Increased Pre K ¾ enrollment under PEEA grant by 12%
•	Opened up 6 new PreK classroom including 1 Preschool disabled (PSD) classroom
•	Kindergarten students met mid year writing and reading benchmarks as measured by Teacher created Growth Objectives (SGO) demonstrating they are on target for end of year benchmarks
•	Implementation of Bryant Ambassadors program recognizing students who demonstrate high integrity, kindness and respect

●	Less than 1% reported HIB

●	Progressing School Climate & School Safety Team which focuses on school climate issues
●	Implemented Bryant School (student) Ambassadors as a voice for students
●	FT Guidance & Outreach Counselor who implements Kindness & Respect program which includes community outreach efforts, self awareness, peer relationships, safety and development of common language.
●	School wide initiatives around Positive behavioral supports, HIB, social emotional growth and positive esteem
●	School Wide Reading Incentive

programs (Star Readers)

●      Developed well-rounded educational and cultural activities for students & families
●	services and programs for students with disabilities;
●	Afterschool programming for students who are English learners that emphasize language skills and academic achievement;
●	Increased technology education programs and equipment for teaching and learning
●	implementation (Year 3) of K Science program that build skills in science inquiry and STEM;
●	Literacy and other educational services that assist parents and families of participating children in becoming full partners in the education of their children
(FLIPS)

Bryant School Budget Highlights

School Goals:

Increase K student achievement in the area of Reading as measured by the Diagnostic Reading Assessment benchmark (DRA) by 10%. This goal is aligned with district benchmarks in Reading and current reading progress and student growth trends. Goals will be measures 2- 3 x per year through administration of the DRA 2.

Increase student achievement in Pre school / Tools of the Mind Scaffolded writing (aka Play Planning) by 2 or more levels for all Pre-school students 3/4. Student will moved through the Individual Scaffolded Writing- Make-Believe Play Planning, Story writing for the academic year. Teacher will track progression through Scaffolded writing samples and portfolio work.

[Add a graphic that provides evidence of what you learned]

Students at TELC work in the “bakery” as part of the TOTM Grocery Theme.

focused on academic and
Character Development
centered programs /
Circles.
to support mentioned
Hawthorne Elementary School

Student Achievement

Climate & Culture

21st Programs

• After School Math and Literacy Program

• Summer Math and Literacy Program • National Honor Society
• Student Councils (2 – 4)

• K – 4 School Wide Reading Initiative (Winter/Spring)

• Scipps Spelling Bee (2 – 4)

• Rigorous curriculum - High quality individualized instruction - A dynamic commitment to excellence.

• Hawthorne School celebrates learning in many other ways: Reading Buddies, Family Night, Book Fair, Monthly Respect Dances, charity efforts and cultural celebrations.

• Parent Engagement events social issues
principles of Restorative
Support , and student
• practices/programs utilizing Justice,sPositive Behavioral

activities (i.e. Girls and Boys

• Peer Mediators

• Student Safety Patrol Team

• Focused, sustainable staff PD

programs/initiatives.

• STEM/STEAM Integration Across Curricula via 3D instruction and printing capability

• Young Explorers Club (STEM)

• Focused, sustainable PD on TinkerCad and MakerBot.

Hawthorne Elementary School

School Goals:

at least a 4 (Meeting Expectations) or higher. This
rd
17/18 3 grade class.
• Current 3rd Grade students for PARCC Math: 57% will score represents a projected increase of 6 % as compared to the

at least a 4 (Meeting Expectations) or higher. This
rd
17/18 3 grade class.
• Current 3rd Grade students for PARCC ELA: 59% will score represents a projected increase of 5 % as compared to the

at least a 4 (Meeting Expectations) or higher. This
th
17/18 4 grade class.
• Current 4th Grade students for PARCC Math: 50 % will score represents a projected increase of 7 % as compared to the

Lowell

Student Achievement

Elementary

Climate & Culture

School

21st Programs

• Increase in ELA achievement on PARCC

• Increase in Math achievement on PARCC

• Reduction of HIB cases

• Grade level assemblies

• Daily Words of Wisdom

• Culturally Responsive programs

• Fast Forword • Lexia
• Prodigy/Think Central

• Critical thinking and problem solving

• Lifelong learning Self direction

Lowell Elementary School

Lowell School will chedule PD for Math us ng
• Concord Math withsteachers at each grade ilevel.

Lexia and Fast Forward in centers and during our
• Students will continue to use Khan Academy, Prodigy,

materials to ass st in math and ELA.
Acceleration period to differentiate learning. • Lowell will look ito add additional classroom

School Goals:

Fall MAP scores for grades 3 and 4
• 5% increase in ELA achievement on PARCC based on

Fall MAP scores for grades 3 and 4
• 5% increase in Math achievement on PARCC based on

da a
• 5%treduction in conflicts based on previous years

Whittier School Budget Highlights

Student Achievement

Climate & Culture

21st Programs

• Project Based Summer Enrichment Program

• S.T.E.A.M. Project kits

• Technology Centered Professional Development.

• Continued P.B.I.S.

• Adoption of a new Mission/Vision Statements.

• Grade Level Meetings.

• Focus on restorative practices.

• Additional Interactive Televisions

• Two model 21st Century Classrooms

• Maker Space Lab.

Whittier School Budget Highlights

In an ef ort to raise student achievement as measured
MAP testing, classroom assessments, PARCC etc.
• throughfvarious data sources i.e. Benchmark Assessments,

Teachers will incorporate a minimum of two echnology
through the course of the year. Integrating foundational
• centered project-based learning experiencestfor students Mathematics and ELA skills.

School Goals:

80% of students will successfully incorporate 3 to 4
centered project as defined by the SAMR rubric.
• “Redefining Technology Classroom Tasks” in a technology-

S.T.E.A.M. based "hands-on" science lessons through the
• 80% of teachers will successfully incorporate a minimum of 4 course of the year.

months of September through
and Responsibility)
Long Branch New Jersey
student work, culture, individual
day
Program
basketball and soccer clubs.
teams. Math, Art and Bridge
Middle School Budget Highlights

Student Achievement

Climate & Culture

21st Programs

• National Junior Honor Society • Student of the Month for the

November (Cooperation, Respect

• Youth Leadership Conference in

• School Pride Projects highlighting

through art based projects.
personality and school pride

Real Men Read – weekly program
that encou ages males to read fo
• 20 minutesrbefore start of schoolr

• Male Youth Mentoring Enrichment

Group
• P.B.S.I.S. Rewards Program • PowersGirls and Power Boys • Student Achievers
• Community Thanksgiving Dinner • Implementation of volleyball,

Traveling boys and girls basketball

clubs.

• Title I Program

• Keyboarding and coding classes

• Integration of technology and Google classroom into many classes

Middle School Budget Highlights

BF Middle School Goals

hiring at least 2 substitutes who can cover classes on a monthly basis, as
fostering the collaborative environment necessary for student
• Facilitate a more comprehensive peer observation structure for teachers by needed. Peer observations augment the instructional expertise of staff, while

success. Measurement: An increase in the number of teachers who receive
tool.
"4s" in the areas of student engagement and assessment as per our evaluation

MobyMax for math and language arts. MobyMax has been a vital resource to provide
now linked to Khan Academy which provides math teachers with a di ional resources to
address the individualized needs of the students. Measurement: Evidence of
you learned]
• assessment data and additional instructional support for students.dIntaddition, MobyMax is	[Add a graphic that provides evidence of what differentiation, based on quantitative data, at least two times per week

Mindsteps Inc. s an organization which works with many school districts, including
consequently, student engagement. Mea urement: Increase in MAP scores for ELA and Mat
from the all to the winter adm nistration by 5%.
interventionist. Based on identified needs, the math interventionist currently works
• extensivefworki with NYC publicischools.sThe organization's focus is instructional rigor andh • Through the use of Title One funds, continue to fund the position of the math

primarily with grades 5 and 6 math teachers. The interventionist works alongside he math
additional support by teaching the BSIP class s for grades 5 and 6. She also teaches two
grade 7 math labs. Measurement: Benchmark in the percentage of students meeting or
teachers in the classroom via push in model.eIn addition, the math interventionisttprovides exceeding expectations in ELA and math on the NJSLA assessment in the spring of 2020.

Middle School Budget Highlights

TJ Middle School Goals

•	ACADEMIC GROWTH: By the end of the 2019-2020 academic year, 75% of students in the sixth and seventh grades will show growth in Mathematics, increasing their placement level by one grade level in MobyMax as measured by their baseline data and the end-of-the-year assessment. This cohort was initially identified and assessed during the 2018-2019 academic year and the indicator of success will be the continuous growth from students and movement from their initial MobyMax placement baseline data to the next grade level by June 2020.

you learned]
•	CODING AND ROBOTICS: By the end of the 2019-2020 academic year, students in the	[Add a graphic that provides evidence of what incoming seventh and eighth grades will be introduced to a semester course in Coding and
Robotics and will master the basic tenets of this discipline. Research clearly indicates the pivotal importance of providing students multiple opportunities to experience the workings and possibilities of coding and robotics awareness and skills. “It has long been recognized that experimental, hands-on education provides superior motivation for learning new material, by providing real-world meaning to the otherwise abstract knowledge. Robotics has been shown to be a superb tool for hands-on learning, not only of robotics itself, but of general topics in science, technology, engineering, and math (STEM).” (Matari c, 2004).

•	PARENT INVOLVEMENT: By the 2019-2020 academic year, there will be an increase of 25% of parent involvement in school activities, programs and organizations (PTO, BQMT). The correlation between student academic achievement and parent involvement is well documented, as is the absence of ongoing, consistent and enthusiastic involvement by parents and guardians. To better position our students for academic achievement, a thoughtful, well-planned and consistent outreach to parents will eventuate in better student attendance, behavior, and academic achievement.

Continuing to
Achievement with
Bumper St ckers,
etc.
building
Fair
Teaneck High School Budget Highlights

Student Achievement

Climate & Culture

21st Programs

• New curriculum offerings in various subject areas such as Mathematics and Computer Science

• Expansion of STRIVE afterschool tutoring/mentorship program

• Continued after school support for ELL students

• celebrate Student Honor RolliT-Shirts,

machine to spread
and images
• A new poster positive messages throughout the

• Student Wellness

• 21st Century “MakerSpace” Lab

• Redesigned Apple Computer Lab

• Continued Professional Development for Staff as we fully transition to a G-Suite learning environment

Teaneck High School Budget Highlights

support who have an attendance rate of 90% or
during each MP that they are enrolled.
• Goal 1:Students enrolled in STRIVE for academic better will show at least a 20% increase in GPA

Goal 2: At least 25% of the ELL population will
year for at least two marking periods.
[Add a graphic that provides
• make the Honor Roll during the 2019-2020 school	evidence of what you learned]

Maker Space STEM lab and new Mac Lab a low
THS to provide even more curriculum choices
leading to an increase of at least 5% in the
move to 9th grade by September of 2020.
• Goal 3: 21st Century learning spaces such las the comparative non-public High Schools in the area retention rate of 8th grade students as they

TheVarious Funds Used in a School District forAccounting Purposes Fund 11 – General Fund, General Current Expense. Accounts for all expenditures of the district for current expenses. Expenditures included here would be regular program instruction costs and the administrative and other support services costs related to providing the district's normal operations.

Fund 12 – Capital Outlay, items that are funded by general fund revenues, includes increases in the general fund capital reserve account, equipment purchases, and facilities acquisition and construction services.

Fund 13 - Special Schools. Accounts for all expenditures of the LEA other than state and federal grants for current expenses of special schools. It includes the entire cost of adult school programs, including community schools.

Fund 20 – Special Revenue, accounts for the proceeds of specific revenue sources that are legally restricted to expenditures for specified purposes, i.e., NCLB (Title I) and IDEA funds. The amount of grant funds received differ from year to year.

Fund 30 – Capital Projects, the source of revenue in this fund would be the sale of bonds, grants, or transfers from the general fund to augment the grant. Separate accounting must be used for each capital project.

Fund 40 – Debt Service, accounts for the accumulation of resources for, and the payment of long-term debt, principal and interest.

19

Accounts we use for the funds we spend…

Revenue – Monies we receive such as taxes and state aid Appropriations – Monies we plan to spend
Expenditures

Regular Instruction – Mostly teachers and teaching supplies including textbooks and Chromebook

Special Education- Mostly teachers, supplies and paraprofessionals Special Schools – Remedial education and Bilingual education,
Co-curricular – After-school activities and Athletics Non Instructional/Undistributed
Tuition – Cost of students that are sent out of the district for the instructional day Instructional Support – Services student need in order to achieve better academically Gen Administration – Superintendent, BA, Principals, Tech Director & clerical support Maintenance and Operations – Custodial, security, utilities, property insurances Transportation – To and from school for public and non public students and charter Benefits – Health, dental, pension and employer taxes
Equipment and Capital Outlay – any purchase over $2,000 per unit cost

Summer School	20

Definitions

Tax Levy – The amount of revenue raised through property taxes to support the General Fund

Budgeted Fund Balance – Surplus Funds from prior year budgets used as revenue in future budget years and/or unused appropriations from prior budget year

Extraordinary Aid – State aid for special education costs that exceed $40,000 per year/per student (public school) and $55,000 per year/per student (private school)

SEMI Aid – Federal aid for services provided to special education students eligible for Medicaid reimbursement

Capital Reserve – Surplus Funds reallocated from Fund Balance and set aside for future capital improvement projects

Banked Cap - The tax cap law contains several adjustments that give a Board of Education the automatic power to increase taxes above 2.0%. So "2% isn't always 2%.“ Health benefits, Pension, emergencies, debt service and enrollment are the measures used to calculate banked cap.

Debt Service – Funds for payment of principal and interest on outstanding bonded debt previously approved by the voters

21

Structural Deficit with the Budget

“A structural deficit isn’t caused by a once-in-a-decade incident. It is caused when your expenses always exceed your revenue.”

22

Currently with the $ 1,790,837 (2% levy) + $1,942,818 (Budget FB)
we are at a 2.1% Structural Deficit

Addressing Budget Concerns … • Facility Upgrades – 5 year Plan

• Strategic Planning

• Reorganization Plan

• Preschool Early Childhood Program Growth

• Security– Analysis, evaluation & recommendations • Technology- 1 to 1 & other upgrades
• Salary Increases- Negotiating contracts

• Staffing Needs – Reorganization Plan in place

• Health Insurance– New Broker and Wellness Plan

• Fixed Cost-Renegotiating contracts (bids, RFP’s, shared services) • Special Education Costs – Corrective Action Plan
• Legal Cost-RFP and new structure for legal counsels

• Enrolment Study	24

REVENUE…

Reserves

Alternative revenue

Utilize alternative funding methods

Increase Miscellaneous Revenue

25

Revenue Analysis

Fund 10
	14/15
		15/16
		16/17
		17/18
		18/19
		19/20
			
Revenues
																						
Tax Levy
	80,505,489
		83,928,341
	4%
	85,606,908
	2%
	87,319,046
	2%
	89,541,831
	3%
	91,332,668
	2.0%
	1,790,837
	
Tuition Charges
	8,034
		113,759
	1316%
	176,152
	55%
	67,912
	-61%
	53,347
	-21%
	65,000
	21.8%
	11,653
	
Transportation
	-
													
Rentals
	24,813
			-100%
	23,470
									
Interest Earnings
	1,714
		17,195
	903%
	22,773
	32%
	6,000
	-74%
	6,510
	9%
		66,000
	913.8%
	59,490
	
Miscellaneous
	306,066
		506,210
	65%
	565,607
	12%
	245,118
	-57%
	150,653
	-39%
	305,696
	102.9%
	155,043
	
State Aid
	5,185,395
		5,185,395
	0%
		5,356,047
	3%
	5,356,047
	0%
	5,989,277
	12%
	6,135,179
	2.4%
	145,902
	
Other State Aid-SEMI
	396,105
		280,728
	-29%
		-100%
			103,571
		119,304
	15.2%
	15,733
	
Extra Ordinary Aid
	874,109
		975,270
	12%
	1,011,043
	4%
	875,000
	-13%
	859,386
	-2%
	875,000
	1.8%
	15,614
	
Homeless Tuition
					47,011
		92,958
	98%
		-100%
				
Add'l State Aid
														
	87,301,725
		91,006,898
		4%
	92,809,011
		2%
	93,962,081
	1%
		96,704,575
	3%
		98,898,847
	2.3%
	2,194,272

Budgeted Fund Bal
							2,135,169
		2,062,981
		2,078,130
	0.7%
	15,149
	
Transfers from other funds
						100,000
		200,000
		200,000
	0.0%
	-
	
Capital Reserve
											-
		-
	
Tuition Reserve
									100,000
					
Encumbrances
									1,971,684
					
							96,197,250
		101,039,240
		101,176,977
	0.1%
	137,737

	BUDGET ANALYSIS

		Increase

2%
	
2.53%
	
1.50%
		
	Tax Levy
	$	91,332,668
	$	91,809,072
	$	90,718,603

						
	Tuition-individuals
	$	65,000
	$	65,000
	$	65,000
		
	Tuition -other LEA
	$	-
	$	-
	$	-

	Misc Revenue
	$	325,000
	$	325,000
	$	325,000
		
	Interest
	$	66,000
	$	66,000
	$	66,000
		
	Extra Ordinary Aid
	$	875,000
	$	875,000
	$	875,000
		
	State Aid
	$	5,989,277
	$	5,989,277
	$	5,989,277
		
	Semi
	$	100,000
	$	100,000
	$	100,000

	Budgeted Fund Balance
	$	1,942,818
	$	1,942,818
	$	1,942,818
		
	Transfers from other fund
	s $	200,000
	$	200,000
	$	200,000

	Total Revenue
	$	100,895,763
	$ 101,372,167
	$ 100,281,698
		
	Appropriations
	$	100,895,763
	$ 100,895,763
	$ 100,895,763

		(0)
	476,404
	(614,065)
		
27

Tax Levy Affect on Taxes Comparison

Tax Levy
	Estimated Net Valuation

Tax Rate
	Avg Assessed Home

Avg. Tax
	
2018/19
	89,541,831
	5,035,997,900
	1.7780%
	$	382,295
	6,816.99
	
2019/20
	91,332,668
	5,102,745,800
	1.7899%
	$	384,308
	6,878.62

	$	1,790,837
		0.0118%
	$	2,013.00
	$	61.63
	
	2.00%
		Per mo. Inc
	5.14

2018/19
	89,541,831
	5,035,997,900
	1.7780%
	$	382,295
	6,816.99
	
2019/20
	90,884,958
	5,102,745,800
	1.7811%
	$	384,308
	6,844.91

	$	1,343,127
		0.0031%
	$	2,013.00
	$	27.92
	
	1.50%
		Per mo. Inc
	2.33

2018/19
	89,541,831
	5,035,997,900
	1.7780%
	$	382,295
	6,816.99
	
2019/20
	91,807,239.32
	5,102,745,800
	1.7992%
	$	384,308
	6,914.37

	$	2,265,408
		0.0211%
	$	2,013.00
	$	97.38
	
	2.53%
		Per mo. Inc
	8.11

Appropriations

Maximizing current funds for greater outcomes…

	APPROPRIATIONS

		2019
	2020
	$ difference
	% Inc/Dec
			
	Regular Programs
		2
	4,555,029
		2
	5,006,688
	451,659
	1.84%
			
	Special Ed
	10,055,453
	9,904,559
	(150,894)
	-1.50%
			
	Basic Skills
	1,693,125
	1,751,918
	58,793
	3.47%
			
	Bilingual Ed
	433,078
	492,156
	59,078
	13.64%
	new teacher

Co/Extra Curriculur

315,674

280,860

(34,814)

-11.03%
	One time band uniform purchase
		
	School Sponsored Athletics
	1,019,172
	994,382
	(24,790)
	-2.43%
			
	Tuition - Regular
	620,532
	682,992
	62,460
	10.07%

Tuition - Sped
	
8,969,362
	
9,563,468
	
594,106
	
6.62%
	more settlements
		
	Attendance
	284,311
	468,116
	183,805
	64.65%
	% of Sal of Dir
		
	Health
	1,051,682
	1,026,282
	(25,400)
	-2.42%
			
	Speech/OT/PT etc…
	2,192,133
	2,240,068
	47,935
	2.19%
			
	Extraordinary support
	1,608,966
	1,673,200
	64,234
	3.99%
			
	Guidance
	1,948,552
	1,915,096
	(33,456)
	-1.72%
			
	Child Study Teams
	2,727,276
	2,584,443
	(142,834)
	-5.24%
			
	Improvement of Instruction
	841,627
	916,365
	74,738
	8.88%
	Dir of Instruct
		
	Educational Media Serv.
	575,086
	584,518
	9,432
	1.64%

Instructional Support-PD
	
869,449
	
1,063,332
	
193,883
	
22.30%
	Assist Sup of Improve
		
	General Admin
	1,422,812
	1,448,236
	25,424
	1.79%
			
	School Admin
	3,205,441
	3,296,188
	90,747
	2.83%
			
	Business Office
	1,067,387
	1,062,278
	(5,109)
	-0.48%
			
	Technology
	755,960
	571,300
	(184,660)
	-24.43%
	Dir of Tech
		
	Maintenance
	1,349,863
	1,399,636
	49,773
	3.69%
			
	Custodial
	6,208,452
	5,404,588
	(803,864)
	-12.95%
	New Custodial K
		
	Grounds
	285,616
	381,742
	96,126
	33.66%
	New Maint. Staff
		
	Security
	124,326
	256,679
	132,353
	106.46%
	Coor of Security
		
	Transportation
	5,448,858
	5,841,098
	392,240
	7.20%
	Inc. Contracts
		
	Benefits
	13,347,176
	13,091,624
	(255,552)
	-1.91%
	Direct Zero
		
	Capital Outlay
	1,416,445	240,162
	(1,176,283)
	-83.04%
			
	Leases
	253,852
	261,304
	7,452
	2.94%
			
		6,292,545	6,773,700
					
	Charter Schools
		481,155
	7.65%
			
		100,939,240
	101,176,977
	237,737
	0.24%
			
		93,230,250
	94,163,115
	932,865
	1.00%
	w/o Capital Proj.

SALARIES

	2,019
	2,020
	$ difference
	% Inc/Dec
	Explanations
	
Regular Programs
		21,967,845
			21,843,801
		(124,044)
		-0.57%
			
Special Ed
	8,214,328
	7,852,972
	(361,356)
	-4.60%
		
Basic Skills
	1,693,125
	1,751,918
	58,793
	3.36%
		
Bilingual Ed
	425,078
	490,156
	65,078
	13.28%
	New staff
	
Co/Extra Curriculur
	240,296
	234,400
	(5,896)
	-2.52%
		
School Sponsored Athletics
	730,086
	708,280
	(21,806)
	-3.08%
		
Attendance
	224,876
	274,981
	50,105
	18.22%
		
Health
	589,121
	563,821
	(25,300)
	-4.49%
		
Speech/OT/PT etc…
	599,128
	634,078
	34,950
	5.51%
		
Extraordinary support
	180,650
	173,200
	(7,450)
	-4.30%
		
Guidance
	1,896,138
	1,868,296
	(27,842)
	-1.49%

Child Study Teams

1,958,049

1,754,646

(203,403)

-11.59%
	Overbudgeted and retirements
	
Improvement of Instruction
	610,561
	689,465
	78,904
	11.44%
	Reorg
	
Educational Media Serv.
	478,198
	493,018
	14,820
	3.01%
		
Instructional Support-PD
	816,773
	960,532
	143,759
	14.97%
		
General Admin
	542,982
	558,220
	15,238
	2.73%
	Reorg
	
School Admin
	3,084,908
	3,170,798
	85,890
	2.71%
		
Business Office
	857,808
	945,165
	87,357
	9.24%
	Reorg
	
Technology
	113,200
	117,800
	4,600
	3.90%
	Director
	
Maintenance
	1,888,366
	2,010,401
	122,035
	6.07%
		
Transportation
	94,280
	168,240
	73,960
	43.96%
	bus driver

	47,205,795
		47,264,188
	58,393
	0.12%
	0.00

Reserves…

• Currently

• Capital $4,075,801 • Maint.     $1,201,000
• Tuition $ 100,000 to be used in 19/20 per regulations

• Sub-Total $5,376,801

• Potential New Reserves $2,500,000 • Available for projects $7,776,801

Note: Funds from 0% inc. in HB & breakage

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Important Information for the Budget

Banked Cap for Teaneck at 18/19 Budget…$663,142 with $476,404 will expire if not appropriated in 19/20 budget

What is the 2% Tax Levy… $1,790,837 Current Facility Needs for the District…
The current 5 YR Plan has $27,149,00 plus other projects of $5,500,000

Current Debt Obligation… $17,256,942

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Recommended Changes for the Final Budget

Per County Recommendation to make all Grants close to 80% of current year funding. So adjustments will be needed in Fund 20 in the following accounts:

Revenue

• Non Public - add $84,962 • IDEA – Add $400,000
• Title I – Add $200,000

Appropriation lines

• Non public Handicapped Services - $34,962 • Non public Nursing - $50,000
• Title I - $200,000 • IDEA - $400,000

34

Questions & Comments…

35

THANK YOU Melissa Simmons