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    Montclair Public Schools 2021-22 Preliminary Budget

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    Louis C. Hochman
    Montclair schools are expecting a tax levy increase of more than $2.4 taxes in their preliminary 2021-22 budget.

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    Montclair Public Schools 2021-22 Preliminary Budget

    Uploaded by

    Louis C. Hochman
    1K views7 pages
    Montclair schools are expecting a tax levy increase of more than $2.4 taxes in their preliminary 2021-22 budget.

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    Montclair Public Schools 2021-22 preliminary budget

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    Montclair schools are expecting a tax levy increase of more than $2.4 taxes in their preliminary 2021-22 budget.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    1K views7 pages

    Montclair Public Schools 2021-22 Preliminary Budget

    Uploaded by

    Louis C. Hochman
    Montclair schools are expecting a tax levy increase of more than $2.4 taxes in their preliminary 2021-22 budget.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 7

    MONTCLAIR PUBLIC SCHOOLS

    2021-2022 PRELIMINARY BUDGET


    February 17, 2021
    Dr. Jonathan Ponds
    Superintendent
    Mr. Emidio D’Andrea
    Business Administrator/Board Secretary
    Ms. Melissa Beattie
    Supervisor of Accounting
    Budget Calendar
    Date Meeting Description
    2/17/2021 Board of Education Preliminary Budget Presentation
    Meeting
    3/1/2021 Finance Committee Review of Tentative Final 2021-2022 Budget

    3/3/2021 Board of Education Adoption of Preliminary 2021-2022 Budget


    Meeting
    3/4/2021 Adopted Preliminary 2021-2022 Budget Due
    to the County Superintendent

    3/15/2021 Board of Education Adoption of 2021-2022 Budget for Submission


    Meeting to the Board of School Estimates

    3/22/2021- Board of School Estimates Time period in which the Board of School
    4/7/2021 Meetings Estimates Meetings can be held to discuss
    the 2021-2022 Budget
    4/8/2021 Final Adopted 2021-2022 Budget due to the
    County Superintendent
    2021-2022 Revenues

    Tuition, 100,000

    Tax Levy, 123,037,813 Miscellaneous, 585,000

    State Aid, 9,044,013

    SEMI, 89,807

    Fund Balance, 2,500,000

    Maintenance Reserve, 300,000

    Increases in revenues are the following:


    2% Tax Levy Increase of $2,412,506
    25% Fund Balance Increase of $500,000
    2021-2022 Appropriations by Major Areas

    Employee Benefits,
    24,397,852 , 17%
    Salaries, 88,860,049 , 63%

    Transportation,
    6,909,937 , 5%

    Tuition, 6,170,347 , 4%

    Plant Operations &


    Maintenance,
    6,006,054 , 4%

    Other Expenses,
    9,511,290 , 7%
    2021-2022 Appropriations by Category
    Capital Outlay, 879,338 , 1%
    Regular Programs, 42,840,193 , 30%
    Food Service, 130,000 , 0%

    Employee Benefits, 24,397,852 , 17% Special Education, 11,398,294 , 8%

    Transportation, 7,198,148 , 5% Basic Skills/Remedial, 756,095 , 1%

    Bilingual Education, 254,050 , 0%

    Vocational Programs, 331,376 , 0%


    Plant Operations & Maintenance,
    10,795,900 , 8% Cocurricular/Extracurricular,
    335,000 , 0%

    Administrative Information Technology, Athletics, 1,426,815 , 1%


    932,353 , 1%
    Other Instruction, 392,850 , 0%
    Central Services, 1,396,481 , 1% Tuition, 6,170,347 , 4%
    General Administration,
    School Administration, 4,930,012 , 3% 2,464,435 , 2% Student Support Services, 24,825,990 , 18%
    2021-2022 Appropriation Increase

    Appropriation Area Increase


    Salaries – District-Wide $ 3,358,209
    Employee Benefits $ 2,654,233
    (Net of Employee Contributions)
    Other Expenses – District-Wide $ 3,098,960
    Total Appropriation Increase $ 9,111,402
    2021-2022 Preliminary Budget Deficit

    Total Revenues $ 135,656,633


    Total Appropriations $ 141,855,529
    Preliminary Deficit $ 6,198,896

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