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Acknowledgments

Business Administrator - Mrs. Deborah Donnelly
Assistant to the Business Administrator/ Assistant Board Secretary Budget & Finance - Mrs. Theresa Zacharewich

Support Staff - Mrs. Margaret Bryson
Budget & Finance Committee - Mr. Anthony Libecci (Chair), Ms. Joanne Lam, Mrs. Brittany Manning, Dr. Greg Fernandez, Mrs. Deborah Donnelly

District Administration

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Presentation Overview

The budget presentation will be divided into 2 parts:

Budget Investments, Efficiencies and Challenges
Financial Overview & Tax Impact

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Budget Definition and Timeline

The Tentative Budget must be submitted to the county by March 27^th.

Work on this budget began in July.
There will be a Public Hearing on the Final Budget on April 29th.

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Mission Statement & Strategic Plan

The mission of the Holmdel Township School District is to provide a well-rounded and inclusive education that empowers all students to reach their full potential and thrive. We believe that excellence comes from building strong relationships, embracing a positive attitude toward growth, overcoming challenges with determination, and celebrating our unique differences. Through teamwork and cooperation, we aim to create an environment where students can succeed academically as lifelong learners and responsible global citizens.

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2026-2027 Budget Goals

Ensure that our schools are secure, well-run and well maintained
Recruit and retain outstanding professionals
Attract more students to remain in Holmdel for their high school education
Maintain and accelerate Holmdel Township Schools upward ranking trajectory
Support opportunities for students’ intellectual, social-emotional growth and well-being
Use funding efficiently to maximize the community’s investment, fulfill the district's mission, and achieve district goals and 5 Year Strategic Plan

Meet the need for staffing and supplies and materials to expand our focus on 21^st century teaching and learning in order to meet and exceed the NJ Student Learning Standards

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Part I

Budget Investments, Efficiencies and Challenges

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District-Wide Investments & Systems

Data Triangle Strategic Plan surveys and analytics dashboard
Atlas curriculum management system
ParentSquare communication platform and district app
Yearly review of safety software and tools (STOPit, SchoolPass, Linewize, 911 Inform)

District Security Specialist to oversee safety initiatives and compliance

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Student Wellness, Culture & Climate

Tier 3 therapeutic and family counseling support through Effective School Solutions
HIBSTER anti-bullying program
CharacterStrong K–12 curriculum (PBIS-aligned SEL program PreK–12)
PBIS supports including training, materials, and data systems
SEL and character development embedded across grade levels

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Professional Learning & Staff Development

Ongoing professional development in instructional best practices, rigor, and differentiation
Training aligned to Character Strong and student wellness initiatives
Support for teacher evaluation framework and reflective practice
Data-driven instruction using assessment platforms (NJSLA, MAP, LinkIt)
Professional learning focused on instructional technology and curriculum implementation

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Continued implementation of OpenSciEd (grades 6–8)
Maintenance of enVision Math (K–3) and supplemental math tools (Waggle, Freckle, IXL, Reflex/MathFactLab)

Newsela for middle school social studies
Atlas system supporting curriculum alignment and mapping
Balanced literacy framework with DIBELS screening and progress monitoring
Curriculum updates emphasizing standards alignment, rigor, and differentiation
New Courses/Budget Neutral: Digital Citizenship & Technology in Society (Grade 7 only), Grow It Green: Sustainable Gardening and Environmental Science, Nutrition Essentials for Peak Performance, AP Business with Personal Finance, AP Cybersecurity, Money, Markets & Investing,

Podcast Production, Honors United States History I, Honors United States History II.

Curriculum, Instruction & Academic Programs

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Advanced Coursework & College Readiness

Maintenance of dual-enrollment and honors course offerings (18 dual-enrollment courses)

Access to Advanced Placement instructional supports and platforms
SAT testing during the school day
Highly qualified, credentialed teaching staff supporting advanced coursework

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Technology & Digital Learning

Technology & Digital Learning
Updated Chromebooks for incoming 9th grade
Instructional platforms supporting math, literacy, and assessment
Tools for simulations, modeling, and digital collaboration across subjects
Platforms supporting computational thinking and computer science integration

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Mathematics, Science Programming & STEM

Focus on conceptual understanding, discourse, and problem solving

Use of Desmos, GeoGebra, DeltaMath for interactive learning and assessment

Data-informed small-group instruction using diagnostic assessments

Emphasis on number sense, fluency, and fraction understanding with adaptive tools

Alignment to state standards with targeted interventions through MTSS

Hands-on, inquiry-based learning aligned to standards

Expansion of electives (Biotechnology, Marine Science, Forensics, AP sciences)

Hydroponics lab and digital simulation tools

Inner Orbit platform for 3D questioning and progress monitoring (grades 5–8)

STEM extracurriculars (STEAM clubs, Science Olympiad, FIRST Tech Challenge, STEAM nights)

Career-focused science pathways (e.g., Patient Care Technician and Rutgers-affiliated courses)

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English Language Arts (ELA) & Social Studies

Balanced literacy framework across K–12

Universal screening and progress monitoring tools (DIBELS)

Expansion of diverse, standards-aligned classroom libraries and novel sets

Differentiated resources to support intervention and diverse learners

Professional learning in reading and writing instruction

Focus on closing achievement gaps and improving literacy outcomes

Curriculum updates aligned to state standards and diverse perspectives

Use of digital and primary source resources (e.g., Newsela)

Emphasis on analytical and argumentative writing (DBQ starting in grade 6)

Expansion of AP and dual-enrollment opportunities

Experiential learning through field trips and community partnerships

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Career Readiness, Life Skills and VPA

Naviance platform for college and career exploration

Career fairs, guest speakers, and assemblies for real-world exposure

Counseling support and training in career readiness and SEL competencies

Focus on communication, self-management, and workplace skills

Support for concerts, performances, musicals, and productions (middle and high school)

Instrument maintenance and program materials

Art and ceramics supplies for creative expression and district art showcases

Pep band and school spirit initiatives

K–6 foundational arts instruction (recorders, early music and visual arts exposure)

Software and subscriptions supporting K–12 arts curriculum

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Health/PE & World Languages

Instruction aligned to state standards emphasizing physical, mental, and social wellness

Course offerings in specialized health pathways (e.g., medical terminology, nutrition, patient care)

Focus on lifelong health skills and real-world application

Instructional resources supporting proficiency and intercultural competence

Use of digital tools for engagement, differentiation, and authentic communication

Alignment with ACTFL standards and support for diverse learners

Opportunities for enrichment and remedial support across K–12

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Computer Science & Design Thinking

Equity, Access & Continuous Improvement

Integration of computational thinking across math and science curricula

Use of modeling, simulations, and data analysis tools

STEAM instruction in K–6 introducing coding and design concepts

Emphasis on problem solving, abstraction, and real-world applications

Expansion of data literacy and evidence-based reasoning skills

Award winning MS/HS Robotics Teams

Targeted supports for English Language Learners, students with disabilities, and at-risk students

MTSS framework to strengthen intervention and progress monitoring

Data-informed decision making across instructional and operational areas

Commitment to equitable access to rigorous coursework and learning opportunities

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Budget Efficiencies & Support

Reduction of 20 certificated Positions and 6 non-certificated Positions, & 7 hourly positions
Budget-neutral contract settlement with the local Education Association�
Neutral-cost extracurricular Schedule B, notwithstanding a 3% stipend increase per the recently ratified HTEA agreement
Not running electives with enrollment below 10 students�
Flat or reduced spending across most discretionary accounts�
Elimination of redundancies; increased efficiency in district software licensing�
Reductions in professional development spending�
Increased fees for outside user groups�
Agreement with the Township Committee eliminating administrative costs for contracted police (traffic duty/site security)�
Renewed shared services agreement for Class III Special Law Enforcement Officers and School Resource Officers�

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Strategic Savings & Program Adjustments

Reduced spending through the MCIA lease (technology and facilities equipment)�
Transition of 100+ staff to the State Educators Health Benefits Plan, generating ~$2.5 million in savings�
Negotiated 0% increase in vision insurance�
Dental insurance premiums negotiating at favorable rates (ongoing)�
Discontinuation of reimbursement for high school testing (e.g., AP, Rutgers Health courses)�
Elimination of courtesy/late busing�
Exploration of a subscription-based busing program

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Staffing Adjustments

18 FT Certificated Positions (14 instructional, 3 ESP, 1 administrative)-9 by attrition
6 Uncertificated ESP’s (Paraprofessional, Administrative Assistant, Custodian)-2 by attrition

2 part time certificated staff both instructional
7 hourly employees (lunch aides)

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2026-2027 Budget Challenges and Beyond

Managing increase in health benefits costs

Managing increase in tuition costs for students attending schools other than Holmdel (Vocational and Special Education placements)

Meeting existing and new state and federal mandates
Managing anticipated increase in energy and transportation costs
Protecting and growing our future ready infrastructure with minimal capital and maintenance reserves available

Addressing staffing inefficiencies in school schedules

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Part II

Financial Overview & Tax Impact

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Breakdown of Budget Revenues

Budget Category	School Year 2026-2027	School Year 2025-2026	Dollar Change	Percent Change
Local Property Taxes-General	$70,014,416	$65,317,943	$ 4,696,473	7.19%
State Aid-DOE	$ 5,053,820	$ 4,981,079	$ 72,741	1.46%
State Aid-Extraordinary Aid	$ 325,000	$ 269,058	$ 55,942	20.79%
Federal Aid-SEMI	$ 11,542	$ 1,855	$ 9,687	>100%
Fund Balance	$ -0-	$ 305,000	$ (305,000)	(100)%
Other Restricted Funds -Maintenance	$ -0-	$ 600,000	$ (600,000)	(100)%
Withdrawal From Capital Reserve	$ 225,000	$ -0-	$ 225,000	100%
Other Revenue	$ 689,992	$ 564,170	$ 125,822	22.30%
Total General Fund	$76,319,770	$72,039,105	$ 4,280,665	5.94%

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Breakdown of Tax Levy Increase

25-26 Tax Levy (excluding debt service)	$65,317,943

2% Allowable Increase	$ 1,306,359
Add: Banked Cap (none remaining)	$ -0-
Add: Healthcare Adjustment	$ 3,390,114
Tax Levy Increase 26-27	$ 4,696,473

26-27 Tax Levy (excluding debt service)	$70,014,416	7.19%

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State Aid History

Budget Year	Aid Amount	$ Change	% Change
2022-2023	$4,103,461	$741,269	22.0%
2023-2024	$4,725,189	$621,728	15.2%
2024-2025	$5,135,133	$409,944	8.7%
2025-2026	$4,981,079	$(154,054)	(3.05)%
2026-2027	$5,053,820	$ 72,741	1.46%

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Fund Balance History

	Audited Undesignated Fund Balance	Fund Balance included in subsequent year Budget
June 30, 2022	$3,024,684	$2,150,000
June 30, 2023	$ 669,948	$1,150,000
June 30, 2024	$ 564,515	$ 850,000
June 30, 2025	$ 854,983	$ 305,000
June 30, 2026*	$ 854,983	$ -0-
*Anticipated balance if excess funds are not available from the 2025-2026 fiscal year.

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2026-2027 Tax Levy Impact

Budget Category	School Year 2025-2026	School Year 2026-2027	Dollar Change	Percent Change
Local Property Taxes – General	$65,317,943	$70,014,416	$ 4,696,473	7.19%
Local Property Taxes – Debt Service	$ 2,450,425	$ 2,430,378	$ (20,047)	(.82)%
Total Local Property Taxes*	$67,768,368	$72,444,794	$ 4,676,426	6.90%

*Represents an estimated total tax rate of $1.0391 for 2026-2027.

Total tax levy equates to an estimated annual tax increase of $762.10/year or

$63.51/month on the average residential assessed value of $1,129,951.

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Breakdown of Budget Expenditures

Budget Category	School Year 2026-2027	School Year 2025-2026	Dollar Change	Percent Change
Instruction (Regular Programs, Special Education, Basic Skills, Bilingual Ed, School Sponsored Co/Extra Curricular Activities and Athletics)	$30,209,323	$29,558,437	$ 650,886	2.20%
Student Support Services (Health Services, Speech, OT/PT Related Services, CST, Guidance, Media/Library Services, Staff PD)	$8,795,561	$8,944,385	$(148,824)	(1.66)%
Tuition-Out of District (General, Special Education, County Vocational Schools)	$1,893,997	$1,852,367	$ 41,630	2.25%
School & Central Administration	$3,490,758	$3,552,633	$ (61,875)	(1.74)%
Operation & Maintenance of Plant Services (Custodial/Maintenance/Grounds Services, Security Services, Lunch/Playground Aides)	$7,082,020	$7,359,621	$ (277,601)	(3.77)%
Student Transportation Services	$4,740,404	$5,037,074	$(296,670)	(5.89)%
Personal Services-Employee Benefits (Health, FICA, PERS Pension, Workers Compensation, Tuition Reimbursement)	$19,263,633	$15,272,658	$3,990,975	26.13%
Capital Outlay	$ 844,074	$ 461,930	$382,144	82.73%
Total General Fund Expenditures	$76,319,770	$72,039,105	$4,280,665	5.94%

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Major Budget Expenditures by Category

*Salaries excludes Athletics/Extra Curricular Stipends

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Holmdel Township School District

For additional information regarding the 2026-2027 budget or other district matters, please visit the district website at: www.holmdelschools.org

Dr. J. Scott Cascone

Superintendent of Schools

scascone@holmdelschools.org

(732) 946-1800 x 6017

Mrs. Deborah Donnelly

Business Administrator/Board Secretary

dedonnelly@holmdelschools.org

(732) 946-1800 x 6018

Mr. Arthur Howard

Assistant Superintendent of

Curriculum & Instruction

ahoward@holmdelschools.org

(732) 946-1800 x 6023

Mrs. Theresa Zacharewich

Assistant to the Business Administrator/

Assistant Board Secretary Budget & Finance

tzacharewich@holmdelschools.org

(732) 946-1800 x 6014

Dr. Amanda Lamoglia

Assistant Superintendent,

Student Personnel Services

alamoglia@holmdelschools.org

(732) 946-1800 x 2464

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