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65


14 THE MOORESTOWN SUN — DECEMBER 1-7, 2010


Confused About The Alphabet Soup Of Medicare Part A, B, C & D Call Doug Lubenow For A FREE Consultation


SENIOR ADVISORS LLC  


 ”Tired of saying no to


social functions? Worrying about every food and drink you consume?


Always scouting out the nearest restroom?”


Board will have a clearer idea of budget by Feb. BUDGET


Salaries make up 66 percent of Continued from page 1


Shugars, the district’s business administrator, said. “We’ve made modest estimates just for budget- ing purposes.”


South Jersey Gastroenterology is conducting a clinical research study with an investigational drug to see if it helps relieve the pain and diarrhea associated with irritable bowel syndrome. If you are 18-65 years of age, have diarrhea predominant irritable bowel syndrome, you may be eligible.


Qualified participants will receive study medication or placebo, study-related testing, physical exams, and lab work at no charge. Compensation may be available to qualified participants for each completed visit (for time and travel). For more information please call Jamie Jay Rothstein R. N. at 856-552-3618.


Irritable bowel syndrome (IBS) affects 1 out of 10 people or more. You do not have to suffer alone.


WELL YOU ARE NOT ALONE. 


CONTACT: Jamie Jay Rothstein, R.N. South Jersey Gastroenterology, P.A. 406 Lippincott Drive, Suite E Marlton, New Jersey 08003 (856) 552-3618


the school budget, and benefits make up 16 percent. Other ex- penses count for the remaining 18 percent. The district has suffered a cu-


mulative $3.3 million loss in state aid since 2008. Last year, the district received $1.5 million in state aid money to fund the budget, and officials an- ticipate that funding will remain at that level for the approaching school year. Actual state aid numbers won’t


be released until late February 2011. The Board is faced with a de- pleted surplus this year of about $500,000 due to the fact that about $2.6 million of surplus funds were used to offset the 2010-11 budget. Since Gov. Christie implement-


ed a new tax levy cap for the ap- proaching budget, the Board would only be able to increase the amount to be raised through taxes by 2 percent as opposed to the former 4 percent levy cap. “That’s the maximum increase the Board would be able to consid- er,” Shugars said. Increasing the le vy to the full 2


percent cap would mean a school tax increase to the average home- owner of $107.


The Opportunity Within


A 2 percent increase would yield an approximately $1 million in additional revenue, which would be offset by an approxi- mate $307,000 reduction in debt service funds. This would produce a net tax dollar increase of about $755,000 – not enough to fund the anticipat- ed shortfall. Officials note that the Board


hasn’t raised the levy to cap since 2007-2008. There was a less than 1 percent


decrease in the levy in the 2009-10 budget. The Board implemented a 1.2


percent increase for the 2010-11 budget. With difficult decisions likely on the horizon, officials said all areas of the budget are currently being evaluated for cost-efficien- cies.


Shugars stressed that the cur-


rent numbers are “very prelimi- nary.”


“In late February we’ll have


more concrete ideas about what our budget is going to look like,” she said. The initial 2011-12 school budg- et is due to the county on March 4.


To go against the current  • infants & children • maternity • gift certificates available


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 350 Riverbank, Burlington, NJ 08016 ph:(609) 386-3500 www.DoaneAcademy.org


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