PHS relationship as topic in Princeton BOE election
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anon-500r
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PostPosted: Mon, Oct 9, 12:40 pm EDT    Post subject: PHS relationship as topic in Princeton BOE election Reply with quote

While most candidates see mutual beneficial to continue this sending receiving relationship, you can hear some noise recently.

https://planetprinceton.com/2017/10/09/princeton-fact-check-cranburys-annual-revenue-to-the-princeton-public-schools/
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anon-0421
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PostPosted: Tue, Oct 10, 8:23 am EDT    Post subject: Re: PHS relationship as topic in Princeton BOE election Reply with quote

Where would they send the kids if Princeton backs out in a couple years? I wonder what would happen to the home values in Cranbury with no Princeton High?
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anon-88r5
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PostPosted: Tue, Oct 10, 2:09 pm EDT    Post subject: Re: PHS relationship as topic in Princeton BOE election Reply with quote

anon-0421 wrote:
Where would they send the kids if Princeton backs out in a couple years? I wonder what would happen to the home values in Cranbury with no Princeton High?


Princeton can't simply back out.

1) The state must approve and part of the approval is to provide equal or better school than Princeton.

2) The state wants to have shared districts so are unlikely to make the move.

3) The superintendent and school board know the financials and understand that Cranbury's money is critical to the operations. Unlike the charter school that costs the school system money, the Cranbury dollars support their curriculum and offering.

Anyone who has lived in Cranbury for more than 20 years has seen some of the Princeton elites complain every time the contract comes up and then been shut down.

Further, Cranbury would likely challenge any attempt to cancel the agreement and the state would be unlikely to approve.

Plus, Princeton has a lot more issues with Avalon and affordable housing that will necessitate Cranbury's contribution.
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anon-pn22
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PostPosted: Tue, Oct 10, 2:28 pm EDT    Post subject: Re: PHS relationship as topic in Princeton BOE election Reply with quote

I feel as though the editor of Planet Princeton loves reporting on school issues (especially negative ones) because it brings a lot of traffic to the site. She claims to be unbiased but brings up this topic over and over again. She did the same with the Charter School expansion. It actually is a smart business move and the information should be shared, but for some reason she really pushes it.
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anon-500r
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PostPosted: Tue, Oct 10, 3:51 pm EDT    Post subject: Re: PHS relationship as topic in Princeton BOE election Reply with quote

UNDERSTANDING THE CRANBURY SCHOOL DISTRICT ~ PRINCETON PUBLIC
SCHOOLS RELATIONSHIP
April 25, 2017

PPS receives about $4,813,480 in tuition revenue from Cranbury for 280 students.
 A reduction in enrollment at the high school by 280 students across four grades
would lead to a corresponding decrease of about 12 teachers. At $80,000 per
teacher, the savings would be $960,000. Teachers would be released based on
seniority.
 The effective loss in revenue to our operating budget would be $3,853,480, ~
$4,813,480 minus $960,000 (approximately 12 teachers).
 A loss in revenue of that magnitude would impact the PPS budget equivalent of
about 48 additional FTE staff at an average cost of $80,000 each.
 PPS's debt payment of approximately $5.7 million year.
 Operating budget or General Fund and Fund 40 Debt payment fund are
completely separate accounting structures.
With these numbers and terms in mind, a partially workable analogy is that of a
household budget with a mortgage, something many of us deal with. We pay our
operating expenses (utilities, food, clothes, etc.) and our mortgage out of our
income. Similarly, the school district pays its operating expenses from revenue
collected through the tax levy, Cranbury tuition revenue, state aid, and other
smaller revenue streams. The long term debt (comparable to the mortgage) is
also paid out collected revenue. Cranbury provides our school district with $4.8
million in revenue annually. If we lose that revenue we save about $960,000 but
are then short in our revenue by about $3.8 million. We are not able to increase
our tax levy to cover that short, therefore to account for the lost revenue PPS
would be forced to cut programs and the associated staff that supports them.
Isn’t there an argument that, like a mortgage, when PPS debt is paid down (in
about 2023) then that $5.7 million will be available to avoid those cuts associated
with a reduction in revenue of about $3.8 million. Unfortunately, that is where the
analogy to a mortgage doesn’t work.
On personal finances all the money is the same. When the mortgage is paid off,
you have more money for your household or other operating expenses. It isn’t
the same for public schools. Operating expenses and debt expenses are not
treated the same. Thus, when the debt of $5.7 million is paid off, there is an
opportunity for a tax reduction (a worthy goal), but there is no ability to continue
to collect that same amount through the tax levy to support the operating
expenses.
The cuts associated with a reduction in $3.8 million of Cranbury revenue would
be here to stay.
We hope that this provides a better understanding as to why Cranbury students
attending Princeton High School is not only a benefit of an enriched student
population but also a financial benefit. The revenue from Cranbury helps support
the extensive programing PPS has to offer to both Princeton and Cranbury
students.
Lastly, although there is no plan to severe the long term relationship with
Cranbury, it is important to state that ending the relationship is not possible
without the approval of the State of New Jersey, DOE.

Board of Education, Princeton
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Guest130-n6o0
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PostPosted: Thu, Oct 12, 7:15 pm EDT    Post subject: Re: PHS relationship as topic in Princeton BOE election Reply with quote

Prior to sending our children to Princeton, we were sending them to Lawrenceville. When we decided to terminate our relationship with Lawrenceville in favor of Princeton, the State needed to approve. Further, Lawrenceville challenged our decision. Just because we made a decision to move, it did not happen immediately. Likewise, Princeton cannot simple "kick us out."
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anon-59q6
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PostPosted: Sat, Oct 14, 5:15 pm EDT    Post subject: Re: PHS relationship as topic in Princeton BOE election Reply with quote

Guest130-n6o0 wrote:
Prior to sending our children to Princeton, we were sending them to Lawrenceville. When we decided to terminate our relationship with Lawrenceville in favor of Princeton, the State needed to approve. Further, Lawrenceville challenged our decision. Just because we made a decision to move, it did not happen immediately. Likewise, Princeton cannot simple "kick us out."


Sure they can, though it would take a while. I think the way it plays out is that other districts can offer sending agreements, an ALJ confirms no adverse impact (subjective of course), and DOE approves.
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