>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>MORRIS  >>RIVERDALE BORO

User Friendly Budgets
2008

MORRIS - RIVERDALE BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time219232244
spacing
Pupils on Roll - Special Full-Time475040
Private School Placements456
spacing
Pupils Sent to Other Districts-Reg Prog10499105
Pupils Sent to Other Dists-Spec Ed Prog201918
Pupils Received100

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 64,065 73,209
Withdrawal from Cap Res-for Local Share 10-307 0 76,000 0
Transfers from Other Funds 10-5200 24,087 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 4,764,615 5,502,664 5,722,771
Tuition 10-1300 0 20,000 28,000
Interest Earned on Capital Reserve Funds 10-1XXX 0 0 200
Other Restricted Miscellaneous Revenues 10-1XXX 90,033 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 0 15,000 30,000
SUBTOTAL  4,854,648 5,537,664 5,780,971
Revenues from State Sources:
Special Education Aid 10-3130 342,625 342,625 0
Extraordinary Aid 10-3131 12,580 0 30,153
Consolidated Aid 10-3195 41,803 41,803 0
Additional Formula Aid 10-3196 11,533 23,412 0
Other State Aids 10-3XXX 2,900 0 0
Categorical Special Education Aid 10-3132 0 0 222,990
Categorical Security Aid 10-3177 0 0 29,715
Adjustment Aid 10-3178 0 0 54,967
Categorical Transportation Aid 10-3121 0 0 78,171
SUBTOTAL  411,441 407,840 415,996
Actual Revenues (Over)/Under Expenditures  74,908 0 0
TOTAL OPERATING BUDGET  5,365,084 6,085,569 6,270,176
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 3,000 0 0
Revenues from Federal Sources:
Title I 20-4411-4416 14,281 8,154 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 72,163 74,672 74,672
Other 20-4XXX 8,213 8,514 8,514
TOTAL REVENUES FROM FEDERAL SOURCES  94,657 91,340 83,186
TOTAL GRANTS AND ENTITLEMENTS  97,657 91,340 83,186
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 374,300 344,346 314,713
Miscellaneous 40-1XXX 20,520 0 0
TOTAL REVENUES FROM LOCAL SOURCES  394,820 344,346 314,713
TOTAL LOCAL REPAYMENT OF DEBT  394,820 344,346 314,713
Actual Revenues (Over)/Under Expenditures  -58,880 0 0
TOTAL REPAYMENT OF DEBT  335,940 344,346 314,713
TOTAL REVENUES/SOURCES  5,798,681 6,521,255 6,668,075

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX1,115,9171,320,9971,469,650
Special Education 11-2XX-100-XXX334,000317,312331,287
Basic Skills/Remedial 11-230-100-XXX90,86776,01861,079
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX16,72217,46029,402
School Sponsored Athletics 11-402-100-XXX20,17720,05719,640
Support Services:
Tuition 11-000-100-XXX1,554,3251,757,7521,948,057
Attendance and Social Work Services 11-000-211-XXX0050,220
Health Services 11-000-213-XXX58,06863,21967,200
Students - Related & Extraordinary 11-000-216,217149,794156,477163,437
Guidance 11-000-218-XXX31,23139,17326,880
Child Study Teams 11-000-219-XXX203,470228,409212,505
Improvement of Instructional Services 11-000-221-XXX49,61852,7550
Educational Media Services - School Library 11-000-222-XXX60,15073,54676,790
Instructional Staff Training Services 11-000-223-XXX2,9987,0007,000
General Administration 11-000-230-XXX234,975252,588257,375
School Administration 11-000-240-XXX98,731104,352105,597
Central Svcs & Admin Info Technology 11-000-25X-XXX132,594111,99878,939
Operation and Maintenance of Plant Services 11-000-26X-XXX332,694378,402402,730
Student Transportation Services 11-000-270-XXX267,884307,660348,515
Personal Services - Employee Benefits 11-XXX-XXX-2XX609,051724,394587,673
Food Services 11-000-310-XXX1,81800
Total Support Services Expenditures 3,787,4014,257,7254,332,918
TOTAL GENERAL CURRENT EXPENSE 5,365,0846,009,5696,243,976
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-60400200
Facilities Acquisition and Construction Services 12-000-4XX-XXX076,00026,000
TOTAL CAPITAL EXPENDITURES 076,00026,200
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 5,365,0846,085,5696,270,176
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX3,00000
Federal Projects:
Title I 20-XXX-XXX-XXX14,2818,1540
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX72,16374,67274,672
Other Special Projects 20-XXX-XXX-XXX8,2138,5148,514
Total Federal Projects 94,65791,34083,186
TOTAL GRANTS AND ENTITLEMENTS 97,65791,34083,186
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX335,940344,346314,713
TOTAL REPAYMENT OF DEBT 335,940344,346314,713
Total Expenditures 5,798,6816,521,2556,668,075

 

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 Budget281,698263,209323,209250,000
  Repayment of Debt-58,880000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve76,000158,00082,20082,400
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve202,48464,06500
      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 Cost12,57713,09813,80113,98613,899
Total Classroom Instruction6,5967,0608,2357,6717,882
Classroom-Salaries and Benefits6,0216,6237,7067,1957,336
Classroom-General Supplies and Textbooks280213283221294
Classroom-Purchased Services and Other295224246254252
Total Support Services2,4272,4152,1682,7052,494
Support Services-Salaries and Benefits1,8861,7581,7342,2812,030
Total Administrative Costs1,9422,0661,7301,9431,765
Administration-Salaries and Benefits1,6801,6601,4031,2661,156
Total Operations and Maintenance of Plant1,4311,3841,5371,5061,545
Operations & Maintenance of Plant-Salary & Ben.736748780741705
Total Food Services Costs97900
Total Extracurricular Costs167160122155201
Total Equipment Costs830000
Employee Benefits as a % of Salaries2625.926.828.422

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
  • . ACES - electric & gas group buying program
  • . Pooled Insurance Program of N.J. - liability & workers compensation
  • . Educational Services Comm of Morris Co
  • Coperative Purchasing Bid of supplies & materials for:
  • classroom, athletic, custodial,AV, office,library,health,P.E.
  • science and technology
  • health & safety training & services
  • special education/vocational busing, classified student placements
  • . Passaic Co Ed Servs Comm - special ed/vocational busing
  • . Pompton Lakes BOE - sending/receiving HS tuition, staff in-service
  • . Riverdale Borough
  • garbage collection, plowing/salting, vehicle repairs, field repairs,
  • sidewalk replacement, tree removal, minor facility repairs,
  • sewer & water usage

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy5,722,771 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)782,494,435 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.7313 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy6,037,484 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)782,494,435 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.7716 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy5,722,771 (G)
Estimated Equalized Valuation (as of 10/01/2007)822,463,946 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.6958 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy6,037,484 (J)
Estimated Equalized Valuation (as of 10/01/2007)822,463,946 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.7341 (L)