Somerdale Board of Education
School Budget 2017-2018
Dr. Dennis M. Vespe, Superintendent
Ms. Melissa Engelhardt, Business Administrator
Mrs. Susan Lowden, Somerdale BOE President
Mr. John Phillips, Finance Chairperson
Budget Notables:
TAX LEVY = $4,675,842
EXTRA ORDINARY EXPENSES
2009 Bond Payment (taxpayer portion) – $191,037
Outside Special Education tuition and related transportation – $222,706
HVAC Controls: $60,800 – Boiler: $52,000 – LED: $29,518 payment 4 of 5 (years)
Drainage Project: $62,246
NOTEWORTHY
Loss of $49,805 in Pre-school state aid; all other state aid amounts remained flat.
Utilized full 2% of our tax levy cap along with $88,386 in banked cap leaving $54,426 of
banked cap for use in next year.
Continued maintenance and custodial shared services with the municipality to maintain fiscal
responsibility.
SUMMARY
On the average assessed home of $136,828 there will be a $52.27 tax increase for the year
($4.36 / month).
Expanded Homework Clubs and added TV Studio Club and AV Advisor to extracurricular
activity programs. Addressing facility improvements such as poor drainage areas.
All sports programs, with assistant coaches, have been maintained.
Curricular Programs and Instruction
2017 - 18 ENROLLMENT PROJECTIONS
{Does not include Retentions, Withdrawals, Home Bound, Home Schooled, or Out-of-District Students}
Total Enrollments include Special Ed and Choice Students
Student count based on projected enrollment.
Grade
PS
PSD
K
Gr. 1
Gr. 2
Gr. 3
Gr. 4
Gr. 5
Gr. 6
Gr. 7
Gr. 8
# Classes
(2)^
(1)^
(3)^
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
Enrollment
29*
3*
58*
56
57
57
52
48
49
59
61
Total
(30)^
529*
*Pre-School and Kindergarten Registrations Currently Underway.
^Sections dependent upon enrollment
Curricular Programs and Instruction Continued






Adding a full time and a half basic skills position with the focus on Math/ELL
Continuing differentiated instruction initiative with MAP &“Class Works software”
Maintain all curricular “specials” with expanding music to two full time positions
Grades PK-8, staff, and assistants are all one to one tablet ratio
Continue to expand our Wilson Reading Certified Staff
Continuation of PSD Extended Year Program & the Fundations / Wilson Summer
School Reading Program.
 Added AM and primary ESL homework club.
Extra Curricular Activities
– All Clubs and Sports programs have been maintained or expanded
• Over 19 clubs offered
Facility
- Entire campus is wireless
- Entire campus is air conditioned
- Security camera upgrade will be
complete by June 2017
- Summer TV/AV Room Painting
- Continue the computerization and upgrade of Boilers and HVAC
- Continue phase in of new flooring in classrooms
-Continue to work with the Municipality to use shared services
• Maintenance and IT shared services
• Drainage
Somerdale School District
2017-2018 Budget
Facts
Figures
Revenues
Expenditures
Where does the
money come from?
GO Cavs
GO
Cavs
2017-2018 Budget Revenue
$8,562,860
$4,675,842
54.61%
School Choice
$245,295
Fund Balance
& 2.86%
State Aid
$3,023,472
35.31%
Reserves; $342,802;
Fund Balance & Reserves
$342,802
4.00%
Misc.
4% $29,700 0.35%
Grants
$245,749
2.87%
Local Tax Levy
Misc.; $29,700; 0%
Grants; $245,749; 3%
$8,562,860 100.00%
does not
i ncl ude
pres chool
tra ns fers
State Aid;
$3,023,472; 35%
School Choice;
$245,295; 3%
Local Tax Levy; $4,675,842;
55%
Where does all the
money go?
2017-2018 Budget Expenditures
$8,562,860
Expenditures
Instruction
$ 4,092,715
47.8%
Capital Outlay; $181,127 ; 2%
Debt Service; $281,138 ; 3%
Summer Programs, Athletics & Co-Curricular
$ Activities
193,900
2.3% 11-4XX-XXX-XXX
Employee
Benefits;
$1,510,247 ; 18%
General
Support
Services
$
164,561
1.9% 11-000-211; 221; 223-XXX
Student Related Support Services
$
584,663
6.8% 11-000-213; 216 to 219; 222
School Admin, Professional Fees & Communication
$ 588,019
6.9% 11-000-230 to 251-XXX
Student Transportation; $104,854 ; 1%
Technology
$
133,009
1.6% 11-000-252-XXX
Building Operations & Maintenance
$
728,626
8.5% 11-000-26X-XXX
Student Transportation
$
104,854
1.2% 11-000-270-XXX
Employee Benefits
$ 1,510,247
17.6% 11-000-291-XXX
Capital Outlay
$
181,127
Grant Fund Expenditures
Building
Operations &
Debt
Service
Maintenance;
$728,626 ; 8%
Total
Instruction; $4,092,715 ; 48%
0.0%
$
281,138
$ 8,562,859
Technology; $133,009 ;
2%
2.1% 12-XXX-XXX-XXX
3.3% 40-XXX-XXX-XXX
100.0%
does not
include
pres chool
trans fers
School Admin, Professional
Fees & Communication;
$588,019 ; 7%
Student Related Support Services;
$584,663 ; 7%
General Support Services;
$164,561 ; 2%
Summer Programs,
Athletics & Co-Curricular
Activities; $193,900 ; 2%
TAX SPREADSHEET BASED ON
HOMES VALUED IN SOMERDALE
Tax Impact
Somerdale Tax Rate
=
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Average assessed
home value
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Home assessed at
Home assessed at
1 Penny = $
0.04
32,573.95
Yearly Monthly Weekly Daily
Increase Increase Increase Increase
$
$
$
$
$
$
$
$
60,000.00
70,000.00
80,000.00
90,000.00
100,000.00
110,000.00
120,000.00
130,000.00
$
$
$
$
$
$
$
$
22.92
26.74
30.56
34.38
38.20
42.02
45.84
49.66
$
$
$
$
$
$
$
$
1.91
2.23
2.55
2.87
3.18
3.50
3.82
4.14
$
$
$
$
$
$
$
$
0.44
0.51
0.59
0.66
0.73
0.81
0.88
0.96
$
$
$
$
$
$
$
$
0.06
0.07
0.08
0.09
0.10
0.12
0.13
0.14
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
136,828.00
140,000.00
150,000.00
160,000.00
170,000.00
180,000.00
190,000.00
200,000.00
210,000.00
220,000.00
230,000.00
240,000.00
250,000.00
260,000.00
270,000.00
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
52.27
53.48
57.30
61.12
64.94
68.76
72.58
76.40
80.22
84.04
87.86
91.69
95.51
99.33
103.15
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
4.36
4.46
4.78
5.09
5.41
5.73
6.05
6.37
6.69
7.00
7.32
7.64
7.96
8.28
8.60
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
1.01
1.03
1.10
1.18
1.25
1.32
1.40
1.47
1.54
1.62
1.69
1.76
1.84
1.91
1.98
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
0.14
0.15
0.16
0.17
0.18
0.19
0.20
0.21
0.22
0.23
0.24
0.25
0.26
0.27
0.28
THANK YOU - AND AS ALWAYS
GO CAVS!