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User Friendly Budgets
2008

MORRIS - BOONTON TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time462457469
spacing
Pupils on Roll - Special Full-Time626556
Private School Placements8108
spacing
Pupils Sent to Other Districts-Reg Prog222232229
Pupils Sent to Other Dists-Spec Ed Prog494647
Pupils Received200

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 86,040 162,057
Revenues from Local Sources:
Local Tax Levy 10-1210 9,732,135 10,001,370 10,487,689
Tuition 10-1300 96,059 0 0
Interest Earned on Capital Reserve Funds 10-1XXX 2,518 500 500
Unrestricted Miscellaneous Revenues 10-1XXX 97,856 60,000 61,732
SUBTOTAL  9,928,568 10,061,870 10,549,921
Revenues from State Sources:
Transportation Aid 10-3120 179,081 179,081 0
Special Education Aid 10-3130 420,375 420,375 0
Bilingual Education 10-3140 16,244 16,244 0
Extraordinary Aid 10-3131 37,497 37,497 91,256
Consolidated Aid 10-3195 41,222 41,222 0
Additional Formula Aid 10-3196 19,708 40,007 0
Other State Aids 10-3XXX 1,242 7,888 0
Categorical Special Education Aid 10-3132 0 0 380,968
Categorical Security Aid 10-3177 0 0 60,571
Categorical Transportation Aid 10-3121 0 0 275,481
SUBTOTAL  715,369 742,314 808,276
Adjustment for Prior Year Encumbrances  0 285,689 0
Actual Revenues (Over)/Under Expenditures  -220,621 0 0
TOTAL OPERATING BUDGET  10,423,316 11,175,913 11,520,254
GRANTS AND ENTITLEMENTS
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 149,238 149,039 149,039
Other 20-4XXX 12,413 12,225 12,225
TOTAL REVENUES FROM FEDERAL SOURCES  161,651 161,264 161,264
TOTAL GRANTS AND ENTITLEMENTS  161,651 161,264 161,264
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 5,242 0
Revenues from Local Sources:
Local Tax Levy 40-1210 300,989 293,324 295,422
TOTAL REVENUES FROM LOCAL SOURCES  300,989 293,324 295,422
Revenues from State Sources:
Debt Service Aid Type II 40-3160 72,018 72,762 73,274
TOTAL LOCAL REPAYMENT OF DEBT  373,007 371,328 368,696
Actual Revenues (Over)/Under Expenditures  528 0 0
TOTAL REPAYMENT OF DEBT  373,535 371,328 368,696
TOTAL REVENUES/SOURCES  10,958,502 11,708,505 12,050,214

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX2,424,1802,479,3832,525,718
Special Education 11-2XX-100-XXX599,001502,297552,288
Basic Skills/Remedial 11-230-100-XXX97,81098,777112,707
Bilingual Education 11-240-100-XXX16,24416,96817,488
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX32,30437,79542,284
School Sponsored Athletics 11-402-100-XXX49,70351,45055,609
Support Services:
Tuition 11-000-100-XXX3,542,5283,931,0024,271,146
Health Services 11-000-213-XXX94,07793,54896,931
Students - Related & Extraordinary 11-000-216,217247,179305,580290,827
Guidance 11-000-218-XXX44,94348,51250,170
Child Study Teams 11-000-219-XXX151,877164,782172,007
Improvement of Instructional Services 11-000-221-XXX7,2008,0008,000
Educational Media Services - School Library 11-000-222-XXX65,11368,250110,505
Instructional Staff Training Services 11-000-223-XXX15,09022,12423,500
General Administration 11-000-230-XXX316,504356,676362,099
School Administration 11-000-240-XXX184,199186,784196,459
Central Svcs & Admin Info Technology 11-000-25X-XXX191,869205,790214,480
Operation and Maintenance of Plant Services 11-000-26X-XXX610,675735,159656,533
Student Transportation Services 11-000-270-XXX528,599589,496623,065
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,160,3921,252,3301,084,390
Total Support Services Expenditures 7,160,2457,968,0338,160,112
TOTAL GENERAL CURRENT EXPENSE 10,379,48711,154,70311,466,206
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-6040500500
Equipment 12-XXX-XXX-73X02,91026,062
Facilities Acquisition and Construction Services 12-000-4XX-XXX39,52317,80017,800
TOTAL CAPITAL EXPENDITURES 39,52321,21044,362
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X4,30609,686
OPERATING BUDGET GRAND TOTAL 10,423,31611,175,91311,520,254
GRANTS AND ENTITLEMENTS
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX149,238149,039149,039
Other Special Projects 20-XXX-XXX-XXX12,41312,22512,225
Total Federal Projects 161,651161,264161,264
TOTAL GRANTS AND ENTITLEMENTS 161,651161,264161,264
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX373,535371,328368,696
TOTAL REPAYMENT OF DEBT 373,535371,328368,696
Total Expenditures 10,958,50211,708,50512,050,214

 

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 Budget345,834339,102337,497250,000
  Repayment of Debt5,7705,24200
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve047,11347,61348,113
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve80,696108,99574,5600
      Tuition Reserve0000
      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 Cost11,30612,03012,07712,62112,430
Total Classroom Instruction7,2977,5267,3397,5377,493
Classroom-Salaries and Benefits6,7366,9786,9747,0527,180
Classroom-General Supplies and Textbooks511495314434290
Classroom-Purchased Services and Other5053515123
Total Support Services1,1781,4631,6551,6611,700
Support Services-Salaries and Benefits1,0091,2221,4571,3131,388
Total Administrative Costs1,5361,5061,5381,5931,587
Administration-Salaries and Benefits1,0428361,0801,1871,172
Total Operations and Maintenance of Plant1,0971,2921,2931,5561,371
Operations & Maintenance of Plant-Salary & Ben.465576607640617
Total Food Services Costs00000
Total Extracurricular Costs146193195214224
Total Equipment Costs700650
Employee Benefits as a % of Salaries25.928.428.129.223.6

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
New Phone System Lease11,805 Current system maintenance/support issue
New Bus Lease14,257 End of service life -reliab./cost issues
Total Unusual Appropriations26,062 

 

Shared Services
  • Participate in Aces Program for purchase of electric & Gas
  • Participate in NJSBIG for purchase of insurance services
  • Participate in Ed Data Services for bidding of supplies & services
  • Send/Receive Relationship with Mt. Lakes SD (host) for high school
  • Shared services with West Milford BOE (host) for bus maintenance
  • Shared services with Boonton Township for snow plowing, facility and
  • Athletic Field use
  • MC Ed Services Commission for special ed transportation
  • MC Ed Services Commission (host) for supply & services bidding
  • Parental Transportation Contracts (Less than contracted)

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy10,487,689 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)1,139,792,181 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.9201 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy10,783,111 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)1,139,792,181 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.9461 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy10,487,689 (G)
Estimated Equalized Valuation (as of 10/01/2007)1,095,989,135 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.9569 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy10,783,111 (J)
Estimated Equalized Valuation (as of 10/01/2007)1,095,989,135 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.9839 (L)