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User Friendly Budgets
2008

SOMERSET - BOUND BROOK BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time1,2631,3201,380
Pupils on Roll Regular Shared-Time483031
spacing
Pupils on Roll - Special Full-Time177171151
Pupils on Roll - Special Shared-Time1033
Private School Placements242024
spacing
Pupils Sent to Other Districts-Reg Prog5523
Pupils Sent to Other Dists-Spec Ed Prog12811
Pupils Received125119104
Pupils in State Facilities212

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 316,249 543,280
Revenues from Local Sources:
Local Tax Levy 10-1210 12,385,567 12,054,424 12,102,757
Tuition 10-1300 1,576,467 1,688,811 1,324,837
Transportation Fees from Other LEAs 10-1420-1440 25,120 17,000 17,000
Unrestricted Miscellaneous Revenues 10-1XXX 221,573 129,649 129,649
SUBTOTAL  14,208,727 13,889,884 13,574,243
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 2,337,066 2,337,066 0
Supplemental Core Curriculum Standards Aid 10-3112 43,008 43,008 0
Transportation Aid 10-3120 60,404 60,404 0
Special Education Aid 10-3130 876,763 876,763 0
Bilingual Education 10-3140 400,352 400,352 0
Extraordinary Aid 10-3131 56,842 0 0
Consolidated Aid 10-3195 197,245 197,245 0
Additional Formula Aid 10-3196 159,924 324,646 0
Other State Aids 10-3XXX 114,419 274,846 0
Categorical Special Education Aid 10-3132 0 0 754,572
Equalization Aid 10-3176 0 0 5,891,968
Categorical Security Aid 10-3177 0 0 430,180
Categorical Transportation Aid 10-3121 0 0 98,381
SUBTOTAL  4,246,023 4,514,330 7,175,101
Adjustment for Prior Year Encumbrances  0 1,809,458 0
Actual Revenues (Over)/Under Expenditures  -603,716 0 0
TOTAL OPERATING BUDGET  17,851,034 20,529,921 21,292,624
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 134,795 95,120 0
Revenues from State Sources:
Early Childhood Program Aid 20-3211 798,782 839,057 0
Demonstrably Effective Program Aid 20-3212 547,689 578,193 0
Preschool Education Aid 20-3218 0 0 327,685
Other Restricted Entitlements 20-32XX 146,357 529,610 148,847
TOTAL REVENUES FROM STATE SOURCES  1,492,828 1,946,860 476,532
Revenues from Federal Sources:
Title I 20-4411-4416 444,323 792,690 428,170
I.D.E.A. Part B (Handicapped) 20-4420-4429 345,045 444,988 355,278
Other 20-4XXX 197,163 217,783 140,114
TOTAL REVENUES FROM FEDERAL SOURCES  986,531 1,455,461 923,562
TOTAL GRANTS AND ENTITLEMENTS  2,614,154 3,497,441 1,400,094
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 296 0
Revenues from Local Sources:
Local Tax Levy 40-1210 321,250 345,497 347,983
TOTAL REVENUES FROM LOCAL SOURCES  321,250 345,497 347,983
Revenues from State Sources:
Debt Service Aid Type II 40-3160 177,334 187,574 187,752
TOTAL LOCAL REPAYMENT OF DEBT  498,584 533,367 535,735
Actual Revenues (Over)/Under Expenditures  40,068 0 0
TOTAL REPAYMENT OF DEBT  538,652 533,367 535,735
TOTAL REVENUES/SOURCES  21,003,840 24,560,729 23,228,453

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX4,728,0615,176,2275,894,896
Special Education 11-2XX-100-XXX1,451,9241,375,4741,390,346
Basic Skills/Remedial 11-230-100-XXX3,1261,400400
Bilingual Education 11-240-100-XXX352,374239,089237,147
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX69,61781,58473,843
School Sponsored Athletics 11-402-100-XXX341,130393,254412,037
Support Services:
Tuition 11-000-100-XXX1,562,3802,119,3131,881,293
Attendance and Social Work Services 11-000-211-XXX36,63418,06566,879
Health Services 11-000-213-XXX207,897222,922265,658
Students - Related & Extraordinary 11-000-216,217158,581323,604337,431
Guidance 11-000-218-XXX383,686390,289530,025
Child Study Teams 11-000-219-XXX184,961207,836238,403
Improvement of Instructional Services 11-000-221-XXX58,17864,650187,603
Educational Media Services - School Library 11-000-222-XXX259,103306,523437,173
Instructional Staff Training Services 11-000-223-XXX18,23910,06978,000
General Administration 11-000-230-XXX485,150640,343574,108
School Administration 11-000-240-XXX1,000,681983,2961,043,414
Central Svcs & Admin Info Technology 11-000-25X-XXX439,437471,544471,224
Operation and Maintenance of Plant Services 11-000-26X-XXX2,698,6783,046,1822,870,097
Student Transportation Services 11-000-270-XXX624,305758,768623,478
Personal Services - Employee Benefits 11-XXX-XXX-2XX2,440,4602,824,7453,319,365
Total Support Services Expenditures 10,558,37012,388,14912,924,151
TOTAL GENERAL CURRENT EXPENSE 17,504,60219,655,17720,932,820
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X16,22793,73018,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX307,329739,950290,272
TOTAL CAPITAL EXPENDITURES 323,556833,680308,272
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X22,87641,06451,532
OPERATING BUDGET GRAND TOTAL 17,851,03420,529,92121,292,624
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX134,79595,1200
Early Childhood Program Aid:
Instruction 20-211-100-XXX638,644605,377237,470
Support Services 20-211-200-XXX160,138233,68090,215
TOTAL EARLY CHILDHOOD PROGRAM AID 798,782839,057327,685
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX433,691428,0310
Support Services 20-212-200-XXX113,998150,1620
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 547,689578,1930
Other State Projects:
Instruction 20-217-100-XXX0184,1200
Support Services 20-217-200-XXX0189,1300
TOTAL TARA USED TO SUPPORT PROGRAMS 0373,2500
Nonpublic Textbooks 20-XXX-XXX-XXX15,85016,09716,097
Nonpublic Auxiliary Services 20-XXX-XXX-XXX39,80245,84445,844
Nonpublic Handicapped Services 20-XXX-XXX-XXX57,37453,15253,152
Nonpublic Nursing Services 20-XXX-XXX-XXX21,08722,23422,234
Nonpublic Technology Initiative 20-XXX-XXX-XXX11,36011,52011,520
Other Special Projects 20-XXX-XXX-XXX8847,5130
Total State Projects 1,492,8281,946,860476,532
Federal Projects:
Title I 20-XXX-XXX-XXX444,323792,690428,170
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX345,045444,988355,278
Other Special Projects 20-XXX-XXX-XXX197,163217,783140,114
Total Federal Projects 986,5311,455,461923,562
TOTAL GRANTS AND ENTITLEMENTS 2,614,1543,497,4411,400,094
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX538,652533,367535,735
TOTAL REPAYMENT OF DEBT 538,652533,367535,735
Total Expenditures 21,003,84024,560,72923,228,453

 

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 Budget545,505413,863413,863374,409
  Repayment of Debt37,986-2,082-2,378-2,378
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve1111
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve501,436820,075503,8260
      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 Cost10,28211,30411,32912,33812,140
Total Classroom Instruction5,7656,2616,1846,5846,342
Classroom-Salaries and Benefits5,4705,9385,8966,0746,087
Classroom-General Supplies and Textbooks234282214431184
Classroom-Purchased Services and Other6041747971
Total Support Services1,1951,1601,2681,4951,691
Support Services-Salaries and Benefits1,0501,0211,1071,2061,408
Total Administrative Costs1,5561,5441,5791,6561,642
Administration-Salaries and Benefits1,2751,2931,2481,2871,336
Total Operations and Maintenance of Plant1,4381,9911,9022,2032,056
Operations & Maintenance of Plant-Salary & Ben.581866821861914
Total Food Services Costs00000
Total Extracurricular Costs307324371373376
Total Equipment Costs111136212
Employee Benefits as a % of Salaries2222.726.626.227.7

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 Energy Consortium
  • ACT Telecommunications
  • NJSBAIG Liability & Property Insurance
  • Somerset County Partnership
  • ESC - Transportation
  • South Bound Brook - Middle School Athletics
  • Middle Earth - 21st Century Learning Centers
  • Ethicon - Robotics Program

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy12,102,757 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)426,823,567 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1002.8355 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy12,450,740 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)426,823,567 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1002.9171 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy12,102,757 (G)
Estimated Equalized Valuation (as of 10/01/2007)946,073,591 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1001.2793 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy12,450,740 (J)
Estimated Equalized Valuation (as of 10/01/2007)946,073,591 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.3160 (L)