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Lebanon Borough School 2014/2015 Budget Hearing May 7, 2014

Lebanon Borough School 2014/2015 Budget Hearing May 7, 2014. Joseph Bellino, Interim Business Administrator Dr. Robert Sutter, Chief School Administrator. Budget Process 2014 . Needs based Priorities set by administration and BOE Mandates and Costs Revenue Year Over Year Comparisons

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Lebanon Borough School 2014/2015 Budget Hearing May 7, 2014

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  1. Lebanon Borough School2014/2015 Budget HearingMay 7, 2014 Joseph Bellino, Interim Business Administrator Dr. Robert Sutter, Chief School Administrator

  2. Budget Process 2014 • Needs based • Priorities set by administration and BOE • Mandates and Costs • Revenue • Year Over Year Comparisons • State Aid Summary • Tax Rate Calculations & Tax Impact

  3. Needs & Goals • Student Achievement • Safety & Security • Maintain community investment in Facilities • Fiscal Responsibility

  4. Unfunded Mandates • PARCC Testing • Teacher Evaluations • State Curricular Changes with Mandated Timelines • HIB • Special Education Law and ADA compliance(504)- example: there is no funding for any 504 requirements.

  5. Budget Highlights Facility • Security System Upgrade • HVAC Project Unfunded State Mandates: • Increase in health insurance costs • Teacher Evaluations • Student Information System Curriculum & Programs • Professional Development • Instructional Hardware / Supporting Technology • PARCC Testing Preparation • Physical Education – Increase to .8 • After School Activities • Additional Special Education Teacher • Increase to 2 full time instructional aides

  6. Revenue Summary

  7. Spending Summary

  8. Impact of Salaries & Benefits

  9. Tax Impact • Total Net Tax Levy increase of $65,177 or 3%. • Tax increase of $26.78 per $100,000. • Tax increase on the average home value of $270,000 of $72.31.

  10. Questions & Thank You Additional questions may be sent to the Superintendent, Dr. Robert Sutter at: rsutter@lebanonschool.org

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