N B C Regional School District Proposed 2010-2011 Budget

1. N B C Regional School District Proposed 2010-2011 Budget

2. NBC HAS GONE GREEN

3. NBC:First In the County To Go Green !!! • Solar Panels Are Installed • Roof Repair Is Completed • HVAC Upgrades • Fire System Replaced • $95,000 SREC Projected • $30,000 Electric Savings • $40,000 Reduction in Capital Outlay Projections THANK YOU

4. BUDGET AT A GLANCEGeneral Fund • 2010 Total • $31,037,679 • 2011 Total • $30,963,619 Total General Fund Decrease: ($76,060) or (0.24%)

5. General Fund Spending “Below Zero” Growth

6. Key Components!!

7. Key Components!!

8. IT’S THE LAW

9. Key Components: • Significant Revenue Reductions: • $2.1 Million Reduction in State Aid For FY’10 This is the result of the Executive Order #14 Governor Christie passed in January. Northern Burlington is appealing this action. A successful appeal will reinstate much needed impact aid for FY’11 and FY’12. • $1.6 Million Reduction in State Aid For FY ’11 There is no appeal for this reduction. Northern Burlington has acted swiftly and prudently to develop a spending plan that reflects these reduced revenues with a focus on academic stability. • $240,000 Additional Cuts if 2.5% Tax Cap Impose Governor Christie’s Budget proposes a 2.5% Tax Cap (3/14/10)

10. IT’S THE LAW

11. Significant Appropriations Reductions (Personnel)

12. Significant Appropriations Reductions (Non-Personnel)

13. GENERAL FUND TAX REVENUE Amount to be raised in taxes For the General Fund budget. $16,636,278 • This represents only a 4% increase in the Local Tax Levy. • This is the figure voters will be asked to approve in the • school election on April 20, 2010.

14. BUDGET AT A GLANCE 2010-2011 General Fund Budget $30,963,619* * .24% Decrease • This figure includes appropriations for current expense and capital outlaywhich includes a State assessment fee for construction grant monies in the amount of $103,912.

15. BUDGET AT A GLANCE Total 2010-2011 Budget $34,284,346* *less than a 1% Increase • This figure combines the General Fund and Debt Service budget and includes the State mandated Assessment fee to the School Development Authority (SDA).

16. Revenue Summary $34,284,346

17. REVENUE SUMMARY FY’2011

19. Program Summary

21. Tax Impact

22. District 8: Mansfield & Springfield Senator    PHILIP E. HAINES  -  Republican     District Office:  32A North Main St., Medford, NJ 08055  (609) 654-1498 Assemblywoman    DAWN MARIE ADDIEGO  -  Republican     Votes by Bill    District Office:  32A North Main St., Medford, NJ 08055  (609) 654-1498 Assemblyman    SCOTT  RUDDER  -  Republican      District Office:  32A North Main St., Medford, NJ 08055  (609) 654-1498

23. District 30: Chesterfield & North Hanover Senator    ROBERT W. SINGER  -  Republican    District Office:  2110 W. County Line Rd, Jackson, NJ 08527   (732) 901-0702 Assemblyman    RONALD S. DANCER  -   Republican       District Office:  2110 W. County Line Rd., Jackson, NJ 08527  (732) 901-0702 Assemblyman    JOSEPH R. MALONE, III  -  Republican      District Office:  311 Farnsworth Avenue, Bordentown, NJ 08505  (609) 298-6250

24. NBC Will Weather The Fiscal Storm