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User Friendly Budgets
2008

MIDDLESEX - MILLTOWN BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time628624622
spacing
Pupils on Roll - Special Full-Time545762
Pupils on Roll - Special Shared-Time100
Private School Placements770
spacing
Pupils Sent to Other Districts-Reg Prog249249234
Pupils Sent to Other Dists-Spec Ed Prog444236
Pupils in State Facilities030

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 75,000 74,464
Withdrawal from Cap Res-for Local Share 10-307 0 0 130,000
Withdrawal from Tuition Reserve-Excess over adj. 10-311 0 0 75,000
Transfers from Other Funds 10-5200 63,498 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 10,758,188 11,188,516 11,188,516
Unrestricted Miscellaneous Revenues 10-1XXX 77,271 90,000 200,000
SUBTOTAL  10,835,459 11,278,516 11,388,516
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 83,938 83,938 0
Transportation Aid 10-3120 164,262 164,262 0
Special Education Aid 10-3130 392,950 392,950 0
Bilingual Education 10-3140 2,372 2,372 0
Stabilization Aid 10-3171 454,429 454,429 0
Extraordinary Aid 10-3131 36,156 0 57,956
Consolidated Aid 10-3195 108,513 108,513 0
Additional Formula Aid 10-3196 36,194 73,474 0
Other State Aids 10-3XXX 5,126 39 0
Categorical Special Education Aid 10-3132 0 0 508,193
Equalization Aid 10-3176 0 0 552,440
Categorical Security Aid 10-3177 0 0 71,330
Categorical Transportation Aid 10-3121 0 0 247,617
SUBTOTAL  1,283,940 1,279,977 1,437,536
Adjustment for Prior Year Encumbrances  0 206,084 0
Actual Revenues (Over)/Under Expenditures  72,397 0 0
TOTAL OPERATING BUDGET  12,255,294 12,839,577 13,105,516
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 53,061 74,519 78,700
TOTAL REVENUES FROM STATE SOURCES  53,061 74,519 78,700
Revenues from Federal Sources:
Title I 20-4411-4416 26,197 25,004 20,079
I.D.E.A. Part B (Handicapped) 20-4420-4429 226,312 164,385 192,000
Other 20-4XXX 24,385 18,049 20,221
TOTAL REVENUES FROM FEDERAL SOURCES  276,894 207,438 232,300
TOTAL GRANTS AND ENTITLEMENTS  329,955 281,957 311,000
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 35,959 120,000
Revenues from Local Sources:
Local Tax Levy 40-1210 602,208 521,330 725,392
Miscellaneous 40-1XXX 8,064 0 0
TOTAL REVENUES FROM LOCAL SOURCES  610,272 521,330 725,392
Revenues from State Sources:
Debt Service Aid Type II 40-3160 27,722 4,091 3,645
TOTAL LOCAL REPAYMENT OF DEBT  637,994 561,380 849,037
Actual Revenues (Over)/Under Expenditures  4,264 0 0
TOTAL REPAYMENT OF DEBT  642,258 561,380 849,037
TOTAL REVENUES/SOURCES  13,227,507 13,682,914 14,265,553

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX2,860,8233,190,4853,153,220
Special Education 11-2XX-100-XXX376,417450,720452,214
Basic Skills/Remedial 11-230-100-XXX161,716150,161155,194
Bilingual Education 11-240-100-XXX16,42017,13616,806
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX25,46162,50779,912
School Sponsored Athletics 11-402-100-XXX19,89521,54924,398
Support Services:
Tuition 11-000-100-XXX4,489,0424,082,8354,311,262
Health Services 11-000-213-XXX117,519122,481127,208
Students - Related & Extraordinary 11-000-216,217139,641160,830194,991
Guidance 11-000-218-XXX230,753241,856245,035
Child Study Teams 11-000-219-XXX199,045215,769228,996
Improvement of Instructional Services 11-000-221-XXX91,598130,485130,432
Educational Media Services - School Library 11-000-222-XXX91,696106,494116,761
Instructional Staff Training Services 11-000-223-XXX22,36225,85032,173
General Administration 11-000-230-XXX285,010326,314285,228
School Administration 11-000-240-XXX240,297240,189257,828
Central Svcs & Admin Info Technology 11-000-25X-XXX201,610233,742228,619
Operation and Maintenance of Plant Services 11-000-26X-XXX802,029870,731956,714
Student Transportation Services 11-000-270-XXX485,290615,910559,147
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,237,8321,342,8931,326,222
Food Services 11-000-310-XXX6,0006,0000
Total Support Services Expenditures 8,639,7248,722,3799,000,616
TOTAL GENERAL CURRENT EXPENSE 12,100,45612,614,93712,882,360
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X63,634121,2160
Facilities Acquisition and Construction Services 12-000-4XX-XXX69,21371,85274,421
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-93100130,000
TOTAL CAPITAL EXPENDITURES 132,847193,068204,421
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X21,99131,57218,735
OPERATING BUDGET GRAND TOTAL 12,255,29412,839,57713,105,516
GRANTS AND ENTITLEMENTS
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX8,53916,9630
Nonpublic Auxiliary Services 20-XXX-XXX-XXX5,87916,0850
Nonpublic Handicapped Services 20-XXX-XXX-XXX21,16324,9460
Nonpublic Nursing Services 20-XXX-XXX-XXX11,3608,5300
Nonpublic Technology Initiative 20-XXX-XXX-XXX6,1204,5950
Other Special Projects 20-XXX-XXX-XXX03,40078,700
Total State Projects 53,06174,51978,700
Federal Projects:
Title I 20-XXX-XXX-XXX26,19725,00420,079
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX226,312164,385192,000
Other Special Projects 20-XXX-XXX-XXX24,38518,04920,221
Total Federal Projects 276,894207,438232,300
TOTAL GRANTS AND ENTITLEMENTS 329,955281,957311,000
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX642,258561,380849,037
TOTAL REPAYMENT OF DEBT 642,258561,380849,037
Total Expenditures 13,227,50713,682,91414,265,553

 

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 Budget247,178329,476257,343182,879
  Repayment of Debt189,639185,375120,0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve59,824128,784130,0000
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve216,00069,79069,79069,790
      Tuition Reserve75,00075,00075,0000
      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 Cost9,63810,76311,77211,86412,021
Total Classroom Instruction5,7006,3746,8396,8446,697
Classroom-Salaries and Benefits5,3295,9886,3156,3016,135
Classroom-General Supplies and Textbooks239218364383363
Classroom-Purchased Services and Other132167160159199
Total Support Services1,4511,6421,7801,7821,869
Support Services-Salaries and Benefits1,2321,4471,5531,5491,546
Total Administrative Costs1,1521,2721,2661,3521,315
Administration-Salaries and Benefits8639419519491,022
Total Operations and Maintenance of Plant1,2351,3751,4431,4421,574
Operations & Maintenance of Plant-Salary & Ben.726802819817905
Total Food Services Costs39990
Total Extracurricular Costs8882147146175
Total Equipment Costs169601790
Employee Benefits as a % of Salaries23.225.224.424.423.3

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.

 

Unusual Revenues and Appropriations
SourceAmountDescription
Interest from Bond Sale105,000 Referendum approved Bond Sale
Total Unusual Revenues105,000 

 

Shared Services
  • Transportation arranged thru Middlesex Regional Educational Services
  • Commission.
  • Special Education/Student Need requirements arranged thru Middlesex
  • Regional Educational Services.
  • Natural gas reqirements arranged thru Middlesex Regional Educational
  • Services Commission.
  • Cooperative purchasing arranged thru Middlesex Regional Educational
  • Services Commission.
  • School Facilities shared with Milltown Boro residence.
  • Athletic fields maintained thru Milltown Boro.
  • Snowplowing of parking lots provided by Milltown Boro.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy11,188,516 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)467,046,467 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1002.3956 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy11,913,908 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)467,046,467 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1002.5509 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy11,188,516 (G)
Estimated Equalized Valuation (as of 10/01/2007)1,024,353,353 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1001.0923 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy11,913,908 (J)
Estimated Equalized Valuation (as of 10/01/2007)1,024,353,353 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.1631 (L)