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User Friendly Budgets
2008

PASSAIC - WANAQUE BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time863849827
spacing
Pupils on Roll - Special Full-Time120123128
Private School Placements9710
spacing
Pupils Sent to Other Districts-Reg Prog110
Pupils Sent to Other Dists-Spec Ed Prog878
Pupils Received220
Pupils in State Facilities100

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 225,356 165,806
Revenues from Local Sources:
Local Tax Levy 10-1210 9,975,454 10,532,586 10,766,727
Interest Earned on Capital Reserve Funds 10-1XXX 64 35 35
Unrestricted Miscellaneous Revenues 10-1XXX 205,679 47,999 483,171
SUBTOTAL  10,181,197 10,580,620 11,249,933
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 508,337 508,337 0
Transportation Aid 10-3120 104,480 104,480 0
Special Education Aid 10-3130 488,061 488,061 0
Bilingual Education 10-3140 9,290 9,290 0
Stabilization Aid 10-3171 1,108,699 1,108,699 0
Extraordinary Aid 10-3131 64,042 0 138,159
Consolidated Aid 10-3195 115,096 115,096 0
Additional Formula Aid 10-3196 71,006 144,142 0
Other State Aids 10-3XXX 6,493 29,938 0
Categorical Special Education Aid 10-3132 0 0 518,543
Equalization Aid 10-3176 0 0 2,021,257
Categorical Security Aid 10-3177 0 0 100,293
Categorical Transportation Aid 10-3121 0 0 117,355
SUBTOTAL  2,475,504 2,508,043 2,895,607
Adjustment for Prior Year Encumbrances  0 566,881 0
Actual Revenues (Over)/Under Expenditures  -362,135 0 0
TOTAL OPERATING BUDGET  12,294,566 13,880,900 14,311,346
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Instructional Supplement Aid 20-3214 32,907 32,907 0
Other Restricted Entitlements 20-32XX 85,523 167,603 60,000
TOTAL REVENUES FROM STATE SOURCES  118,430 200,510 60,000
Revenues from Federal Sources:
Title I 20-4411-4416 124,898 130,021 106,744
I.D.E.A. Part B (Handicapped) 20-4420-4429 251,758 259,224 201,497
Other 20-4XXX 21,308 0 0
TOTAL REVENUES FROM FEDERAL SOURCES  397,964 389,245 308,241
TOTAL GRANTS AND ENTITLEMENTS  516,394 589,755 368,241
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 0 418,172
Transfers from Other Funds 40-5200 767,676 0 0
Revenues from Local Sources:
Local Tax Levy 40-1210 669,142 810,674 400,680
TOTAL REVENUES FROM LOCAL SOURCES  669,142 810,674 400,680
Revenues from State Sources:
Debt Service Aid Type II 40-3160 4,788 506,149 511,922
TOTAL LOCAL REPAYMENT OF DEBT  1,441,606 1,316,823 1,330,774
Actual Revenues (Over)/Under Expenditures  -815,122 0 0
TOTAL REPAYMENT OF DEBT  626,484 1,316,823 1,330,774
TOTAL REVENUES/SOURCES  13,437,444 15,787,478 16,010,361

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX4,111,6554,333,8514,591,831
Special Education 11-2XX-100-XXX1,250,6141,526,0481,689,287
Basic Skills/Remedial 11-230-100-XXX47,18896,65389,974
Bilingual Education 11-240-100-XXX9,1319,2900
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX28,89459,80151,356
Support Services:
Tuition 11-000-100-XXX754,6201,021,3981,110,501
Health Services 11-000-213-XXX182,290153,368155,391
Students - Related & Extraordinary 11-000-216,217206,715215,218226,147
Guidance 11-000-218-XXX141,438161,349163,383
Child Study Teams 11-000-219-XXX394,814502,261368,701
Improvement of Instructional Services 11-000-221-XXX191,869185,996195,162
Educational Media Services - School Library 11-000-222-XXX198,725205,739220,709
Instructional Staff Training Services 11-000-223-XXX15,2055,0105,000
General Administration 11-000-230-XXX496,933513,441453,090
School Administration 11-000-240-XXX353,788439,665363,616
Central Svcs & Admin Info Technology 11-000-25X-XXX425,214496,940444,786
Operation and Maintenance of Plant Services 11-000-26X-XXX1,018,2881,144,4101,212,033
Student Transportation Services 11-000-270-XXX444,921597,538725,519
Personal Services - Employee Benefits 11-XXX-XXX-2XX2,004,7012,175,1022,225,913
Total Support Services Expenditures 6,829,5217,817,4357,869,951
TOTAL GENERAL CURRENT EXPENSE 12,277,00313,843,07814,292,399
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-60403535
Equipment 12-XXX-XXX-73X018,2410
Facilities Acquisition and Construction Services 12-000-4XX-XXX010,2350
TOTAL CAPITAL EXPENDITURES 028,51135
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X17,5639,31118,912
OPERATING BUDGET GRAND TOTAL 12,294,56613,880,90014,311,346
GRANTS AND ENTITLEMENTS
Instructional Supplement Aid:
Instruction 20-214-100-XXX32,90732,9070
TOTAL INSTRUCTIONAL SUPPLEMENT AID 32,90732,9070
Other State Projects:
Instruction 20-217-100-XXX038,4300
Support Services 20-217-200-XXX08,3200
TOTAL TARA USED TO SUPPORT PROGRAMS 046,7500
Nonpublic Textbooks 20-XXX-XXX-XXX8,3637,54510,000
Nonpublic Auxiliary Services 20-XXX-XXX-XXX30,25235,83220,000
Nonpublic Handicapped Services 20-XXX-XXX-XXX29,56161,65415,000
Nonpublic Nursing Services 20-XXX-XXX-XXX11,13810,42210,000
Nonpublic Technology Initiative 20-XXX-XXX-XXX6,0005,4005,000
Other Special Projects 20-XXX-XXX-XXX20900
Total State Projects 118,430200,51060,000
Federal Projects:
Title I 20-XXX-XXX-XXX124,898130,021106,744
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX251,758259,224201,497
Other Special Projects 20-XXX-XXX-XXX21,30800
Total Federal Projects 397,964389,245308,241
TOTAL GRANTS AND ENTITLEMENTS 516,394589,755368,241
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX626,4841,316,8231,330,774
TOTAL REPAYMENT OF DEBT 626,4841,316,8231,330,774
Total Expenditures 13,437,44415,787,47816,010,361

 

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 Budget319,395442,868239,907163,907
  Repayment of Debt21,221836,343418,1720
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve3,6463,7103,7453,780
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve290,927192,17989,8060
      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 Cost10,72911,19011,70812,65813,071
Total Classroom Instruction6,6896,8077,1827,6498,227
Classroom-Salaries and Benefits6,3466,5466,8867,3107,630
Classroom-General Supplies and Textbooks313222246287543
Classroom-Purchased Services and Other3039505253
Total Support Services1,4021,6131,6181,7561,706
Support Services-Salaries and Benefits1,2641,3571,3651,4081,513
Total Administrative Costs1,4781,5151,4851,7291,576
Administration-Salaries and Benefits1,0711,1451,1611,2031,250
Total Operations and Maintenance of Plant1,0941,1791,3091,3431,454
Operations & Maintenance of Plant-Salary & Ben.680763808843904
Total Food Services Costs00000
Total Extracurricular Costs2636717666
Total Equipment Costs3700190
Employee Benefits as a % of Salaries24.925.225.524.525.3

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.

 

Shared Services
  • The District shares a Supervisor of Special Services with the Ringwood
  • and Lakeland Regional High School districts. This individual oversees
  • all three child study teams and coordinates programs and placements
  • where possible.
  • The District has entered into inter-local agreements with the Ringwood
  • and Lakeland Regional High School districts to provide busing services,
  • enabling these districts to more effectively utilize their
  • transportation capacity and enabling this District to utilize local,
  • lower cost service providers.
  • The District shares a substitute caller to further realize efficiencies
  • and save money.
  • District administrators and Board members meet frequently with their
  • counterparts at the Ringwood and Lakeland Regional High School districts
  • to discuss additional opportunities for shared services, several of which
  • are under review currently.
  • The three districts jointly provided an in-service professional
  • development day with all instruction provided by and to the staff of the
  • three districts.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy10,766,727 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)563,578,695 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.9104 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy11,167,407 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)563,578,695 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.9815 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy10,766,727 (G)
Estimated Equalized Valuation (as of 10/01/2007)1,387,533,751 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.7760 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy11,167,407 (J)
Estimated Equalized Valuation (as of 10/01/2007)1,387,533,751 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.8048 (L)