>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>HUDSON  >>GUTTENBERG TOWN

User Friendly Budgets
2008

HUDSON - GUTTENBERG TOWN

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time869875893
spacing
Pupils on Roll - Special Full-Time738487
Private School Placements988
spacing
Pupils Sent to Other Districts-Reg Prog270244282
Pupils Sent to Other Dists-Spec Ed Prog434043

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 730,598 851,613
Withdrawal from Tuition Reserve-for Tuition adj. 10-311 0 0 254,359
Revenues from Local Sources:
Local Tax Levy 10-1210 8,191,499 8,519,159 8,519,159
Unrestricted Miscellaneous Revenues 10-1XXX 126,479 0 15,000
SUBTOTAL  8,317,978 8,519,159 8,534,159
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 602,479 602,479 0
Supplemental Core Curriculum Standards Aid 10-3112 287,409 287,409 0
Transportation Aid 10-3120 41,689 41,689 0
Special Education Aid 10-3130 492,341 492,341 0
Bilingual Education 10-3140 231,982 231,982 0
Stabilization Aid 10-3171 381,118 381,118 0
Extraordinary Aid 10-3131 30,211 0 80,046
Consolidated Aid 10-3195 138,247 138,247 0
Additional Formula Aid 10-3196 100,194 203,394 0
Other State Aids 10-3XXX 101,373 126,304 0
Categorical Special Education Aid 10-3132 0 0 666,072
Equalization Aid 10-3176 0 0 3,459,320
Categorical Security Aid 10-3177 0 0 368,397
Categorical Transportation Aid 10-3121 0 0 42,179
SUBTOTAL  2,407,043 2,504,963 4,616,014
Adjustment for Prior Year Encumbrances  0 112,964 0
Actual Revenues (Over)/Under Expenditures  -856,441 0 0
TOTAL OPERATING BUDGET  9,868,580 11,867,684 14,256,145
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Early Childhood Program Aid 20-3211 746,172 749,483 0
Demonstrably Effective Program Aid 20-3212 408,674 415,048 0
Preschool Education Aid 20-3218 0 0 185,696
Other Restricted Entitlements 20-32XX 4,000 0 0
TOTAL REVENUES FROM STATE SOURCES  1,158,846 1,164,531 185,696
Revenues from Federal Sources:
Title I 20-4411-4416 592,997 0 633,287
I.D.E.A. Part B (Handicapped) 20-4420-4429 250,397 0 250,000
Other 20-4XXX 158,815 0 0
TOTAL REVENUES FROM FEDERAL SOURCES  1,002,209 0 883,287
TOTAL GRANTS AND ENTITLEMENTS  2,161,055 1,164,531 1,068,983
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 2 0
Revenues from Local Sources:
Local Tax Levy 40-1210 267,607 258,252 248,899
TOTAL REVENUES FROM LOCAL SOURCES  267,607 258,252 248,899
Revenues from State Sources:
Debt Service Aid Type II 40-3160 22,023 21,253 20,483
TOTAL LOCAL REPAYMENT OF DEBT  289,630 279,507 269,382
TOTAL REPAYMENT OF DEBT  289,630 279,507 269,382
TOTAL REVENUES/SOURCES  12,319,265 13,311,722 15,594,510

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX1,912,7172,431,3733,544,335
Special Education 11-2XX-100-XXX253,558259,733325,485
Bilingual Education 11-240-100-XXX239,112297,155311,469
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX067,00072,000
Other Instructional Programs 11-4XX-100-XXX033,00039,000
Support Services:
Tuition 11-000-100-XXX3,699,1174,016,7654,244,859
Health Services 11-000-213-XXX60,45168,70583,203
Students - Related & Extraordinary 11-000-216,21719,86926,64882,865
Guidance 11-000-218-XXX74,51091,63248,652
Child Study Teams 11-000-219-XXX404,236398,522421,331
Improvement of Instructional Services 11-000-221-XXX61,85890,000140,000
Educational Media Services - School Library 11-000-222-XXX6,1656,55453,655
Instructional Staff Training Services 11-000-223-XXX3,10810,00015,000
General Administration 11-000-230-XXX395,679484,336477,500
School Administration 11-000-240-XXX303,321318,661338,153
Central Svcs & Admin Info Technology 11-000-25X-XXX266,059306,055303,265
Operation and Maintenance of Plant Services 11-000-26X-XXX516,114562,350614,350
Student Transportation Services 11-000-270-XXX314,737320,000320,000
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,109,4391,653,8501,980,823
Total Support Services Expenditures 7,234,6638,354,0789,123,656
TOTAL GENERAL CURRENT EXPENSE 9,640,05011,442,33913,415,945
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X7,1460100,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX181,200380,000690,000
TOTAL CAPITAL EXPENDITURES 188,346380,000790,000
SPECIAL SCHOOLS
Evening School for the Foreign Born - Local:
Instruction 13-631-100-XXX3,1054,9455,000
Support Services 13-631-200-XXX0400200
Total Evening School for Foreign-Born - Local 3,1055,3455,200
TOTAL SPECIAL SCHOOLS 3,1055,3455,200
Transfer of Funds to Charter Schools 10-000-100-56X37,07940,00045,000
OPERATING BUDGET GRAND TOTAL 9,868,58011,867,68414,256,145
GRANTS AND ENTITLEMENTS
Early Childhood Program Aid:
Instruction 20-211-100-XXX528,478489,081135,341
Support Services 20-211-200-XXX217,694260,40250,355
TOTAL EARLY CHILDHOOD PROGRAM AID 746,172749,483185,696
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX335,908346,2980
Support Services 20-212-200-XXX72,76668,7500
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 408,674415,0480
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX4,00000
Total State Projects 1,158,8461,164,531185,696
Federal Projects:
Title I 20-XXX-XXX-XXX592,9970633,287
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX250,3970250,000
Other Special Projects 20-XXX-XXX-XXX158,81500
Total Federal Projects 1,002,2090883,287
TOTAL GRANTS AND ENTITLEMENTS 2,161,0551,164,5311,068,983
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX289,630279,507269,382
TOTAL REPAYMENT OF DEBT 289,630279,507269,382
Total Expenditures 12,319,26513,311,72215,594,510

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/06
Audited
Balance
6/30/07
Estimated
Balance
6/30/08
Estimated
Balance
6/30/09
Unreserved:
  General Operating Budget251,023280,211280,211250,000
  Repayment of Debt2200
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve1111
      Adult Education Programs0000
      Maintenance Reserve1111
      Legal Reserve730,5981,552,000821,4020
      Tuition Reserve254,359254,359254,3590
      Current Expense Emergency Reserve0000
  Reserved for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2005-06
Actual
2006-07
Actual
2007-08
Original
Budget
2007-08
Revised
Budget
2008-09
Proposed
Budget
Total Comparative Per Pupil Cost7,0307,2628,5678,6519,221
Total Classroom Instruction4,5904,5545,5205,5566,033
Classroom-Salaries and Benefits4,4564,4215,1215,1115,461
Classroom-General Supplies and Textbooks134133391439367
Classroom-Purchased Services and Other0077205
Total Support Services736724759775869
Support Services-Salaries and Benefits359341398397524
Total Administrative Costs1,2111,3021,4721,4981,468
Administration-Salaries and Benefits9771,0391,1501,1471,150
Total Operations and Maintenance of Plant470660713718747
Operations & Maintenance of Plant-Salary & Ben.191293346345340
Total Food Services Costs00000
Total Extracurricular Costs10737274
Total Equipment Costs0800102
Employee Benefits as a % of Salaries33.431.140.140.137.2

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2008 Comparative Spending Guide and can be found on the Department of Education's Internet address: http://www.state.nj.us/education under Finance, when available. This publication is available in the board office and public libraries. The same calculations were performed using the 2007-08 revised appropriations and the 2008-09 budgeted appropriations presented in this advertised budget. Total Comparative Per Pupil Cost is defined as current expense exclusive of tuition expenditures, transportation, residential costs, and judgments against the school district. For all years it also includes the restricted entitlement aids. With the exception of Total Equipment Cost, each of the other per pupil cost calculations presented is a component of the total comparative per pupil cost, although all components are not shown.

 

Shared Services

     

    Estimated Tax Rate Information
    A. Estimated 08-09 School Tax Rate
    WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
    General Fund School Levy8,519,159 (A)
    Estimated Net Taxable Valuation (as of 10/01/2007)407,727,414 (B)
    Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1002.0894 (C)
    WITH REPAYMENT OF DEBT AND ADJUSTMENTS
    Total School Levy8,768,058 (D)
    Estimated Net Taxable Valuation (as of 10/01/2007)407,727,414 (E)
    Estimated 08-09 Total School Tax Rate=(D)/(E)x1002.1505 (F)
    B. Estimated 08-09 Equalized School Tax Rate
    WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
    General Fund School Levy8,519,159 (G)
    Estimated Equalized Valuation (as of 10/01/2007)1,149,902,010 (H)
    Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.7409 (I)
    WITH REPAYMENT OF DEBT AND ADJUSTMENTS
    Total School Levy8,768,058 (J)
    Estimated Equalized Valuation (as of 10/01/2007)1,149,902,010 (K)
    Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.7625 (L)