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[quote="anon-6696"][quote="publius-q30r"]there will be fewer students attending PHS?[/quote] There will be fewer students for the new few years because the Cranbury class sizes were smaller But the above post about 280 fewer students was a hypothetical of the impact if no Cranbury student attended and the district didn't get the benefit of their tuition.[/quote]
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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>anon-5p0n</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Wed, Jun 21 2017, 1:39 pm EDT<span class="gen"> </span> Post subject: Re: A statement from BOE, Princeton on April 25, 2017</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>anon-0493 wrote:</b></span></td> </tr> <tr> <td class="quote"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>anon-6696 wrote:</b></span></td> </tr> <tr> <td class="quote"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>publius-q30r wrote:</b></span></td> </tr> <tr> <td class="quote">there will be fewer students attending PHS?</td> </tr></table><span class="postbody"> <br /> <br />There will be fewer students for the new few years because the Cranbury class sizes were smaller But the above post about 280 fewer students was a hypothetical of the impact if no Cranbury student attended and the district didn't get the benefit of their tuition.</td> </tr></table><span class="postbody"> <br /> <br />So using the hypothetical of 5 million dollars a year to send 280 Cranbury students to PPS, it costs taxpayers $17,857.14 for each student. Isn't this exorbitant for a public high school? If there are less students are we getting a tax break?</td> </tr></table><span class="postbody"> <br /> <br />1) That's actually ~$2K/stduent below the state average for public high schools. <br /> <br />2) When fewer students attend, whether because there are less that grade or more go to price school, it directly reduces the amount the Cranbury school district pays Princeton. Whether that reduces the budget of the school on any given year is something to take up with the School Board -- Township Committee has nothing to do with it. You can thank Christie for giving schools an option to not have to have voters approve school budgets annually, though even when we did Cranbury's always passed easily even when going up.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-s6p5</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Wed, Jun 21 2017, 7:29 am EDT<span class="gen"> </span> Post subject: Re: A statement from BOE, Princeton on April 25, 2017</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>anon-0493 wrote:</b></span></td> </tr> <tr> <td class="quote"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>anon-6696 wrote:</b></span></td> </tr> <tr> <td class="quote"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>publius-q30r wrote:</b></span></td> </tr> <tr> <td class="quote">there will be fewer students attending PHS?</td> </tr></table><span class="postbody"> <br /> <br />There will be fewer students for the new few years because the Cranbury class sizes were smaller But the above post about 280 fewer students was a hypothetical of the impact if no Cranbury student attended and the district didn't get the benefit of their tuition.</td> </tr></table><span class="postbody"> <br /> <br />So using the hypothetical of 5 million dollars a year to send 280 Cranbury students to PPS, it costs taxpayers $17,857.14 for each student. Isn't this exorbitant for a public high school? If there are less students are we getting a tax break?</td> </tr></table><span class="postbody"> <br /> <br />That is in line with the cost to educate students today. It is all formula driven.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>anon-0493</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Wed, Jun 21 2017, 6:42 am EDT<span class="gen"> </span> Post subject: Re: A statement from BOE, Princeton on April 25, 2017</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>anon-6696 wrote:</b></span></td> </tr> <tr> <td class="quote"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>publius-q30r wrote:</b></span></td> </tr> <tr> <td class="quote">there will be fewer students attending PHS?</td> </tr></table><span class="postbody"> <br /> <br />There will be fewer students for the new few years because the Cranbury class sizes were smaller But the above post about 280 fewer students was a hypothetical of the impact if no Cranbury student attended and the district didn't get the benefit of their tuition.</td> </tr></table><span class="postbody"> <br /> <br />So using the hypothetical of 5 million dollars a year to send 280 Cranbury students to PPS, it costs taxpayers $17,857.14 for each student. Isn't this exorbitant for a public high school? If there are less students are we getting a tax break?</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-6696</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Sun, Jun 18 2017, 3:20 pm EDT<span class="gen"> </span> Post subject: Re: A statement from BOE, Princeton on April 25, 2017</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>publius-q30r wrote:</b></span></td> </tr> <tr> <td class="quote">there will be fewer students attending PHS?</td> </tr></table><span class="postbody"> <br /> <br />There will be fewer students for the new few years because the Cranbury class sizes were smaller But the above post about 280 fewer students was a hypothetical of the impact if no Cranbury student attended and the district didn't get the benefit of their tuition.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>publius-q30r</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Sun, Jun 18 2017, 9:22 am EDT<span class="gen"> </span> Post subject: Re: A statement from BOE, Princeton on April 25, 2017</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">there will be fewer students attending PHS?</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-s6p5</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Fri, Jun 16 2017, 1:51 pm EDT<span class="gen"> </span> Post subject: Re: A statement from BOE, Princeton on April 25, 2017</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">Hopefully this will end all the bad rumors out there.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>anon-500r</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Fri, Jun 16 2017, 10:32 am EDT<span class="gen"> </span> Post subject: Re: A statement from BOE, Princeton on April 25, 2017</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">for more discussions on Princeton-Cranbury relationship, see youtube below jumping to 1:10:00 from start <br /> <br /><a href="https://www.youtube.com/watch?v=Sw3eg5m1GjU" target="_blank">https://www.youtube.com/watch?v=Sw3eg5m1GjU</a></span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-500r</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Fri, Jun 16 2017, 10:27 am EDT<span class="gen"> </span> Post subject: A statement from BOE, Princeton on April 25, 2017</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">UNDERSTANDING THE CRANBURY SCHOOL DISTRICT ~ PRINCETON PUBLIC <br />SCHOOLS RELATIONSHIP <br />April 25, 2017 <br />PPS receives about $4,813,480 in tuition revenue from Cranbury for 280 students. <br /> A reduction in enrollment at the high school by 280 students across four grades <br />would lead to a corresponding decrease of about 12 teachers. At $80,000 per <br />teacher, the savings would be $960,000. Teachers would be released based on <br />seniority. <br /> The effective loss in revenue to our operating budget would be $3,853,480, ~ <br />$4,813,480 minus $960,000 (approximately 12 teachers). <br /> A loss in revenue of that magnitude would impact the PPS budget equivalent of <br />about 48 additional FTE staff at an average cost of $80,000 each. <br /> PPS's debt payment of approximately $5.7 million year. <br /> Operating budget or General Fund and Fund 40 Debt payment fund are <br />completely separate accounting structures. <br />With these numbers and terms in mind, a partially workable analogy is that of a <br />household budget with a mortgage, something many of us deal with. We pay our <br />operating expenses (utilities, food, clothes, etc.) and our mortgage out of our <br />income. Similarly, the school district pays its operating expenses from revenue <br />collected through the tax levy, Cranbury tuition revenue, state aid, and other <br />smaller revenue streams. The long term debt (comparable to the mortgage) is <br />also paid out collected revenue. Cranbury provides our school district with $4.8 <br />million in revenue annually. If we lose that revenue we save about $960,000 but <br />are then short in our revenue by about $3.8 million. We are not able to increase <br />our tax levy to cover that short, therefore to account for the lost revenue PPS <br />would be forced to cut programs and the associated staff that supports them. <br />Isn’t there an argument that, like a mortgage, when PPS debt is paid down (in <br />about 2023) then that $5.7 million will be available to avoid those cuts associated <br />with a reduction in revenue of about $3.8 million. Unfortunately, that is where the <br />analogy to a mortgage doesn’t work. <br />On personal finances all the money is the same. When the mortgage is paid off, <br />you have more money for your household or other operating expenses. It isn’t <br />the same for public schools. Operating expenses and debt expenses are not <br />treated the same. Thus, when the debt of $5.7 million is paid off, there is an <br />opportunity for a tax reduction (a worthy goal), but there is no ability to continue <br />to collect that same amount through the tax levy to support the operating <br />expenses. <br />The cuts associated with a reduction in $3.8 million of Cranbury revenue would <br />be here to stay. <br />We hope that this provides a better understanding as to why Cranbury students <br />attending Princeton High School is not only a benefit of an enriched student <br />population but also a financial benefit. The revenue from Cranbury helps support <br />the extensive programing PPS has to offer to both Princeton and Cranbury <br />students. <br />Lastly, although there is no plan to severe the long term relationship with <br />Cranbury, it is important to state that ending the relationship is not possible <br />without the approval of the State of New Jersey, DOE. <br />Board of Education, Princeton</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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