>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>SOMERSET  >>BRIDGEWATER-RARITAN REG

User Friendly Budgets
2008

SOMERSET - BRIDGEWATER-RARITAN REG

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time8,0097,9467,941
Pupils on Roll Regular Shared-Time526363
spacing
Pupils on Roll - Special Full-Time1,1001,1201,119
Pupils on Roll - Special Shared-Time333432
Private School Placements646566
spacing
Pupils Sent to Other Districts-Reg Prog181214
Pupils Sent to Other Dists-Spec Ed Prog261416
Pupils Received420
Pupils in State Facilities202

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 5,598,326 5,285,154
Withdrawal from Cap Res-for Local Share 10-307 0 126,143 0
Transfers from Other Funds 10-5200 91,353 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 105,178,496 107,988,805 110,648,297
Other Local Governmental Units - Restricted 10-12XX 264,296 310,183 310,183
Tuition 10-1300 37,275 0 0
Transportation Fees from Other LEAs 10-1420-1440 62,653 0 0
Interest Earned on Capital Reserve Funds 10-1XXX 58,889 5,000 2,000
Unrestricted Miscellaneous Revenues 10-1XXX 1,399,229 220,000 490,000
SUBTOTAL  107,000,838 108,523,988 111,450,480
Revenues from State Sources:
Transportation Aid 10-3120 2,678,632 2,678,632 0
Special Education Aid 10-3130 4,887,068 4,887,068 0
Bilingual Education 10-3140 216,026 216,026 0
Extraordinary Aid 10-3131 313,376 0 634,122
Consolidated Aid 10-3195 976,508 976,508 0
Additional Formula Aid 10-3196 262,747 544,883 0
Other State Aids 10-3XXX 431,548 383,560 0
Categorical Special Education Aid 10-3132 0 0 5,175,302
Equalization Aid 10-3176 0 0 2,801,214
Categorical Security Aid 10-3177 0 0 706,020
Categorical Transportation Aid 10-3121 0 0 2,780,280
SUBTOTAL  9,765,905 9,686,677 12,096,938
Adjustment for Prior Year Encumbrances  0 1,351,672 0
Actual Revenues (Over)/Under Expenditures  -2,765,526 0 0
TOTAL OPERATING BUDGET  114,092,570 125,286,806 128,832,572
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 46,288 0 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 260,867 267,870 207,108
TOTAL REVENUES FROM STATE SOURCES  260,867 267,870 207,108
Revenues from Federal Sources:
Title I 20-4411-4416 238,734 205,617 202,060
Title VI 20-4417-4418 0 17,477 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 1,957,035 1,415,469 1,528,311
Other 20-4XXX 372,347 241,793 188,422
TOTAL REVENUES FROM FEDERAL SOURCES  2,568,116 1,880,356 1,918,793
TOTAL GRANTS AND ENTITLEMENTS  2,875,271 2,148,226 2,125,901
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 11,924 0
Revenues from Local Sources:
Local Tax Levy 40-1210 5,421,866 5,453,251 5,449,938
TOTAL REVENUES FROM LOCAL SOURCES  5,421,866 5,453,251 5,449,938
TOTAL LOCAL REPAYMENT OF DEBT  5,421,866 5,465,175 5,449,938
Actual Revenues (Over)/Under Expenditures  155,040 0 0
TOTAL REPAYMENT OF DEBT  5,576,906 5,465,175 5,449,938
TOTAL REVENUES/SOURCES  122,544,747 132,900,207 136,408,411

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX40,003,66042,506,68043,983,415
Special Education 11-2XX-100-XXX10,698,51612,038,39512,693,679
Basic Skills/Remedial 11-230-100-XXX994,4261,065,3151,138,894
Bilingual Education 11-240-100-XXX558,945657,812685,418
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX356,253381,829408,040
School Sponsored Athletics 11-402-100-XXX1,062,6761,214,6031,324,738
Support Services:
Tuition 11-000-100-XXX3,681,6304,024,8483,877,353
Attendance and Social Work Services 11-000-211-XXX352,541369,679378,363
Health Services 11-000-213-XXX1,105,9791,100,6421,177,895
Students - Related & Extraordinary 11-000-216,2172,510,1462,698,6652,860,362
Guidance 11-000-218-XXX2,503,7382,710,7332,807,815
Child Study Teams 11-000-219-XXX2,053,0412,225,7952,234,599
Improvement of Instructional Services 11-000-221-XXX1,359,0801,382,7061,518,796
Educational Media Services - School Library 11-000-222-XXX1,774,0611,748,6941,888,503
Instructional Staff Training Services 11-000-223-XXX421,037463,903468,389
General Administration 11-000-230-XXX1,930,4452,764,1771,951,987
School Administration 11-000-240-XXX4,651,9604,872,4645,037,087
Central Svcs & Admin Info Technology 11-000-25X-XXX1,399,4141,426,7841,463,152
Operation and Maintenance of Plant Services 11-000-26X-XXX10,862,45712,466,66112,360,292
Student Transportation Services 11-000-270-XXX6,787,3017,446,9757,529,199
Personal Services - Employee Benefits 11-XXX-XXX-2XX18,213,58620,689,86621,658,446
Total Support Services Expenditures 59,606,41666,392,59267,212,238
TOTAL GENERAL CURRENT EXPENSE 113,280,892124,257,226127,446,422
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-60405,0002,000
Equipment 12-XXX-XXX-73X300,66162,769154,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX511,017961,8111,230,150
TOTAL CAPITAL EXPENDITURES 811,6781,029,5801,386,150
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 114,092,570125,286,806128,832,572
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX46,28800
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX38,56532,78029,597
Nonpublic Auxiliary Services 20-XXX-XXX-XXX58,64089,33152,737
Nonpublic Handicapped Services 20-XXX-XXX-XXX72,59778,65262,710
Nonpublic Nursing Services 20-XXX-XXX-XXX51,30943,61340,882
Nonpublic Technology Initiative 20-XXX-XXX-XXX27,64023,49421,182
Other Special Projects 20-XXX-XXX-XXX12,11600
Total State Projects 260,867267,870207,108
Federal Projects:
Title I 20-XXX-XXX-XXX238,734205,617202,060
Title VI 20-XXX-XXX-XXX017,4770
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX1,957,0351,415,4691,528,311
Other Special Projects 20-XXX-XXX-XXX372,347241,793188,422
Total Federal Projects 2,568,1161,880,3561,918,793
TOTAL GRANTS AND ENTITLEMENTS 2,875,2712,148,2262,125,901
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX5,576,9065,465,1755,449,938
TOTAL REPAYMENT OF DEBT 5,576,9065,465,1755,449,938
Total Expenditures 122,544,747132,900,207136,408,411

 

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 Budget2,924,3652,832,6732,645,5162,478,703
  Repayment of Debt166,96411,92400
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve769,9431,363,2601,242,1171,244,117
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve8,997,73610,529,5105,118,3410
      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 Cost10,56611,14412,15812,27512,704
Total Classroom Instruction6,5426,9667,6157,6637,986
Classroom-Salaries and Benefits6,1556,5217,2367,2787,608
Classroom-General Supplies and Textbooks235256260263254
Classroom-Purchased Services and Other153188120122124
Total Support Services1,5671,6131,7111,7301,821
Support Services-Salaries and Benefits1,4791,5201,6311,6451,739
Total Administrative Costs9811,0321,0791,1121,112
Administration-Salaries and Benefits821835869881894
Total Operations and Maintenance of Plant1,2821,3291,5261,5361,533
Operations & Maintenance of Plant-Salary & Ben.708752816821858
Total Food Services Costs00000
Total Extracurricular Costs172180198205222
Total Equipment Costs16333717
Employee Benefits as a % of Salaries23.72525.926.226.3

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 participates in the following "shared services" programs
  • with other governmental entities in an effort to provide cost
  • efficiencies:
  • 1. ACES
  • 2. NJSBAIG - Eric North
  • 3. Special Education Transportation Jointures with Somerville, Somerset
  • County Ed Serv. Comm., Bound Brook, Watchung Hills Reg.
  • 4. Facility useage with Municipality
  • 5. Automotive Fuel with Municipality

 

Estimated Tax Rate Information
BRIDGEWATER TOWNSHIP
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy97,941,545 (A)
Estimated Net Taxable Valuation (as of 01/16/2008)9,088,763,868 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.0776 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy102,765,617 (D)
Estimated Net Taxable Valuation (as of 01/16/2008)9,088,763,868 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.1307 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy97,941,545 (G)
Estimated Equalized Valuation (as of 10/01/2007)9,676,888,191 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1001.0121 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy102,765,617 (J)
Estimated Equalized Valuation (as of 10/01/2007)9,676,888,191 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.0620 (L)
spacing
RARITAN BOROUGH
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy12,706,752 (A)
Estimated Net Taxable Valuation (as of 02/06/2008)1,138,806,675 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.1158 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy13,332,618 (D)
Estimated Net Taxable Valuation (as of 02/06/2008)1,138,806,675 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.1708 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy12,706,752 (G)
Estimated Equalized Valuation (as of 10/01/2007)1,255,461,316 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1001.0121 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy13,332,618 (J)
Estimated Equalized Valuation (as of 10/01/2007)1,255,461,316 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.0620 (L)