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Madison Public Schools

2023-2024 Public Hearing

Budget Presentation

May 2, 2023

The Madison School District will inspire and challenge all students to be lifelong learners, �empowered with the knowledge, skills, and character to shape their future, �realize their dreams and contribute positively to the world.

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Presentation Objectives

Propose a balanced final budget for the 2023-2024 school year
Detail current program improvements & proposed enhancements for FY24
Review the impact of P.L. 2020, C.44 & pending tax levy adjustments
Explain revenue changes and cost drivers
Provide overview of budget impact

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2023-2024 Budget Process

Developed from analysis of historic and current actual spending and revenues
Designed to sustain our recent program expansions with continued improvements
Approved budget will set the maximum revenues and expenditures for the upcoming fiscal year

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2022-2023 Goals Drive 2023-2024 Budget

Goal 1

Promote High Levels of Student Achievement for All

Goal 2

Empower Every Child

Goal 3

Model Operational Responsibility

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Districtwide Enrollment Trends

Total Enrollment
Year	Total
2018-19	2613
2019-20	2571
2020-21	2502
2021-22	2471
2022-23	2554
2023-24	2469

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Curriculum & Instruction Objectives

Curriculum writing for a variety of courses and 2022 NJSLS implementations
Software updates and renewals
Continued support for core programs (Schoolwide Fundamentals, Fundations, Math in Focus, Big Ideas, TCI, Newsela, ST Math, Star/Freckle)
Differentiation supports (Exemplars, decodable texts, LEXIA, CogAT)
Textbook purchases in WL
MJS Athletics Coordinator

2022-2023 SY

2023-2024 SY

Program evaluation for ELA
Broad selection of teaching and learning technologies (GimKit, Gizmos, Peardeck, WeVideo, EdPuzzle, GoFormative, Google Workspace for Education Plus)
Continued support for core programs (Schoolwide Fundamentals, Fundations, Math in Focus, Big Ideas, TCI, Newsela, ST Math, Star/Freckle)
MTSS resources (Exemplars, decodable texts, LEXIA, CogAT)

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Special Services Objectives

2022-2023 SY

2023-2024 SY

Expansion of Special Class Language-Based Learning Disabilities Program at MJS
Increased Behavior Consultation Services districtwide
Continued expansion of the district’s vocational and 18-21 year old programming
Enhancement of district’s multisensory reading interventions for students

Increased Transition Coordination Services at MHS
Expansion of the district’s elementary autism program
Increased occupational therapy and speech language services districtwide
Increased social-emotional support at MJS
Increased behavioral consultation services districtwide

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Facilities & Transportation Objectives

2022-2023 SY

2023-2024 SY

Central Avenue School partial roof replacement (funded through Capital Reserve)
Asbestos abatement at CAS & MJS (funded through Maintenance Reserve)
Transportation support staff
2 full time bus drivers
Additional custodian
2 part time bus driver positions
Gym Floor sanding & refinishing at MHS (aux), MJS & CAS

Central Avenue School partial roof replacement (funded through Capital Reserve)
Continue Asbestos abatement at CAS & MJS (funded through Maintenance Reserve)
SRO officer
Sidewalk repairs
MHS parking lot repairs & lining
Critical roof top units (funded through Capital Reserve)
Central Avenue School parking lot(funded through Capital Reserve)

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One-time Projects for 2023-2024

Changes in fund balance:

Major project allocations include:

NJDOE caps unassigned fund balance at 2% of operating budget
For 2021-22 and 2022-23, this was raised to 4%
For 2023-24, unassigned fund balance is again restricted to 2%
This has resulted in approximately $1.5M in one time revenues to put toward outstanding projects
Any remaining balance after 2023-24 will be deposited to reserves for 2024-25

District wide building security enhancements ($910K)
District-wide wireless upgrade ($300K)
Replacement computers for:

MHS TV Studio ($50K)
MHS Yearbook/Graphic Design ($50K)
Desktops for office staff ($30K)

MHS Marching Band uniforms ($60K)
MHS adventure course repair ($12K)
MHS lightning prediction system ($8K)

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C. 44 & Tax Levy Adjustments

Actual savings realized by a school district as a result of the implementation of the provisions of P.L.2020, c.44 (C.52:14-17.46.13 et al.) shall be used solely and exclusively by the school district for the purpose of reducing the amount that is required to be raised by the local property tax levy by the school district.

For 2023-24 Budget Year, the 2% tax levy allowable increase must be reduced by $78K, or 0.2% points. This reduction is in place because the district has realized savings in employee healthcare benefits.

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Primary Revenues

Major Revenue Categories	Adjusted Budget 2022 - 2023	Proposed Budget 2023 - 2024	$ Change	% Change
Tax Levy	$44,476,745	$45,287,309	$810,564	1.82%
State and Federal Sources	$3,153,538	$3,980,957	$827,419	26.24%
Local Operating Sources	$294,584	$269,584	($25,000)	(8.49%)
Tuition - Other LEAs	$1,971,328	$1,941,005	($30,323)	(1.54%)
Tuition - Individuals	$115,874	$130,000	$14,126	12.19%
Fund Balance	$796,325	$2,544,977	$1,748,652*	219.59%
Withdrawal from Reserves	$1,450,908	$2,893,800	$1,442,892	99.45%
Total	$52,259,302	$57,047,632	$4,788,330	9.16%

*Change is due to a reduction in unassigned fund balance from 4% to 2%; this is a one-time revenue.

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Primary Expenses

Major Expense Categories	Adjusted Budget 2022 - 2023	Proposed Budget 2023 - 2024	$ Change	% Change
Salaries	$30,134,201	$31,916,433	$1,782,232*	5.91%
Employee Overhead	$7,657,028	$7,764,075	$107,047	1.40%
Student Transportation	$2,553,155	$2,500,834	($52,321)	(2.05%)
Supplies & Services	$5,655,780	$6,268,816	$613,037	10.84%
Tuitions	$2,440,871	$2,379,641	($61,229)	(2.51%)
Maintenance & Capital Projects	$3,818,268	$6,217,832	$2,399,564	62.84%
Total	$52,259,302	$57,047,632	$4,788,330	9.16%

*Includes five new positions (1 behaviorist, 1 special class teacher, 1 OT, 1 speech pathologist, 1 school counselor) and funding for two existing interventionists (previously funded through ESSR grants)

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Reserve Acct. & Capital Project Information

Note: Any unused funds from the prior year automatically get refunded back �to the reserve at the close of the fiscal year (June 30th)

Roofing & Abatement Project Funding Sources	2022-23 Ending Reserve Balances	SY 23-24 Reserve Withdrawal	SY 23-24 Anticipated Deposit	SY 23-24 Projected Reserve Balances
Capital Reserve	$2,619,841	$2,674,400	$1,006,000	$951,441
Maintenance Reserve	$871,645	$219,400	$4,000	$656,245
Total Funds Used	$3,491,486	$2,893,800	$1,010,000	$1,607,686

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Final Notes

Continued innovation of cost savings solutions in the areas of staffing and transportation will be a top priority.
Health and safety remains a primary focus of this budget proposal.
Continuing to expand our curricular goals in the areas of course offerings and data practices.
The 2023-24 school budget requires an estimated 1.82% increase to the school district tax levy (municipal tax, county tax, and debt service tax are calculated separately).
School bond refinancing in 2022 will offset this increase.

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School tax impact after debt refi offset

Average assessed residential home for 2023 is $694,753
Tax rate per $100 of average assessed value is 1.29
Overall tax decrease: .08%
Est. avg. annual tax decrease: $3.53
Est. avg. monthly tax decrease: $.29

Average assessed residential home for 2023 is $694,753
Tax rate per $100 of average assessed value is 1.31
Overall tax increase: 1.58%
Est. avg. annual tax increase: $145.02
Est. avg. monthly tax increase: $12.08

2023 Calendar Year Impact

2023 - 2024 School Year Impact

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Questions?

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Appendix Slides

Slide 23 - User Friendly Budget - Revenues
Slide 24, 25 - User Friendly Budget - Expenditures
Slide 26, 27 - Additional Tax Impact Information

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User Friendly Budget - Revenues

Appendix

Major Revenues	22-23 Revised	23-24 Proposed	% Change of Revised
Tax Levy	$44,476,745	$45,287,309	1.82%
Local Sources	$2,381,786	$2,340,589	-1.73%
PILOT Payments	$215,000	$215,000	0.00%
State/Federal Sources	$2,938,538	$3,765,956	28.16%
Fund Balance	$796,325	$2,544,977	219.59%
Withdrawal - Capital Reserve	$1,055,758	$2,674,400	153.32%
Withdrawal - Maintenance Reserve	$395,150	$219,400	-44.48%
Total General Revenue Funds	$52,259,302	$57,047,632	9.16%

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User Friendly Budget - Expenditures

Appendix

Budget Category	22-23 Revised	23-24 Proposed	% Change of Revised
Instruction (Regular Programs, Substitute Staffing, Special Education, Basic Skills, Bilingual Ed, School Sponsored Co/Extra Curricular Activities and Athletics)	$22,757,622	$24,391,754	7.18%
Student Support Service (Health Services, Speech, OT/PT Related Services, CST, Guidance, Media/Library Services, Staff, PD)	$6,656,675	$7,207,756	8.28%
Tuition Out of District (General, Special Education, Private, Charter and County Vocational Schools)	$2,440,871	$2,379,641	-2.51%
School & Central Administration (Central Services, Legal, Architecture, Administrative Information Technology)	$4,338,319	$4,389,806	1.19%
Operation & Maintenance of Plant Services	$4,660,138	$4,775,547	2.48%
Student Transportation Services	$2,376,167	$2,541,995	6.98%
Personnel Services - Employee Benefits (Health, FICA, PERS Pension, Workers Compensation, Tuition Reimbursement)	$7,657,036	$7,764,075	1.40%
Total General Fund Current Expense	$50,886,828	$53,450,574	5.04%

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User Friendly Budget - Expenditures

Appendix

Budget Category	22-23 Revised	23-24 Proposed	% Change of Revised
Total General Fund Current Expense	50,886,828	53,450,574	5.04%
Total Capital Outlay- Equipment, �Facility Acquisition, Construction Services, Interest	$1,372,475	$3,597,058	162.09%
General Fund Grand Total	$52,259,302	$57,047,632	9.16%

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2023 Tax Levy Impact Calendar Year

	Ratables	Tax Levy	Tax Rate Per $100 (Tax Levy/Ratables)	Avg. Assessed Property	Estimated School Tax
2022 General Fund	$3,599,147,600	$44,259,192	1.23	$694,753	$8,543.47
2022 Debt Service	$3,599,147,600	$2,082,336	0.06	$694,753	$401.96
Total 2022	$3,599,147,600	$46,341,528	1.29	$694,753	$8,945.43
2023 General Fund	$3,597,854,700	$44,882,027	1.25	$694,753	$8,666.81
2023 Debt Service	$3,597,854,700	$1,424,562	0.04	$694,753	$275,.09
Total 2023	$3,597,854,700	$46,306,589	1.29	$694,753	$8,941.90
Difference	($1,292,900)	($34,939)	0.00		$(3.53)
Overall Tax Levy Increase [Difference/Total 2022]					-0.08%

*The Calendar Year represents January through December 2023

Appendix

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2023-2024 Tax Levy Impact School Year

	Ratables	Tax Levy	Tax Rate Per $100 (Tax Levy/Ratables)	Avg. Assessed Property	Estimated School Tax
22-23 General Fund	$3,599,147,600	$44,476,745	1.24	$694,753	$8,585.40
22-23 Debt Service	$3,599,147,600	$2,082,336	0.06	$694,753	$401.96
Total 2022-2023	$3,599,147,600	$46,559,081	1.29	$694,753	$8,987.42
23-24 General Fund	$3,597,854,700	$45,287,309	1.26	$694,753	$8,745.07
23-24 Debt Service	$3,597,854,700	$2,006,030	0.06	$694,753	$387.37
Total 2023-2024	$3,597,854,700	$47,293,339	1.32	$694,753	$9,132.44
Difference	($1,292,900)	$734,258	0.03		$145.02
Overall Tax Levy Increase [Difference/Total 2022-2023]					1.58%

*The School Year represents July 1, 2023 through June 30, 2024

Appendix