>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>MORRIS  >>MOUNTAIN LAKES BORO

User Friendly Budgets
2009

MORRIS - MOUNTAIN LAKES BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils on Roll Regular Full-Time1,2291,2551,292
spacing
Pupils on Roll - Special Full-Time374374374
Pupils on Roll - Special Shared-Time566
Private School Placements121112
spacing
Pupils Sent to Other Dists-Spec Ed Prog745
Pupils Received461463463

 

Advertised Revenues
Budget CategoryAccount2007-08
Actual
2008-09
Revised
2009-10
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 100,000 407,897
Withdrawal from Cap Res-for Local Share 10-307 0 0 225,000
Revenues from Local Sources:
Local Tax Levy 10-1210 16,787,091 17,504,158 17,822,350
Tuition 10-1300 14,796,887 14,513,044 14,128,095
Interest Earned on Capital Reserve Funds 10-1XXX 604 0 500
Other Restricted Miscellaneous Revenues 10-1XXX 183,815 140,000 140,000
Unrestricted Miscellaneous Revenues 10-1XXX 0 100,000 100,000
SUBTOTAL  31,768,397 32,257,202 32,190,945
Revenues from State Sources:
Special Education Aid 10-3130 717,381 0 0
Extraordinary Aid 10-3131 27,280 28,107 0
Consolidated Aid 10-3195 86,769 0 0
Additional Formula Aid 10-3196 48,955 0 0
Other State Aids 10-3XXX 10,099 0 0
Categorical Special Education Aid 10-3132 0 631,522 670,594
Categorical Security Aid 10-3177 0 82,843 87,739
Adjustment Aid 10-3178 0 164,714 111,922
Categorical Transportation Aid 10-3121 0 71,979 80,803
SUBTOTAL  890,484 979,165 951,058
Adjustment for Prior Year Encumbrances  0 436,421 0
Actual Revenues (Over)/Under Expenditures  -259,548 0 0
TOTAL OPERATING BUDGET  32,399,333 33,772,788 33,774,900
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 54,156 0 0
Revenues from State Sources:
Demonstrably Effective Program Aid 20-3212 71,613 0 0
Other Restricted Entitlements 20-32XX 309,391 322,691 259,000
TOTAL REVENUES FROM STATE SOURCES  381,004 322,691 259,000
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 238,742 188,858 228,858
Other 20-4XXX 29,483 0 0
TOTAL REVENUES FROM FEDERAL SOURCES  268,225 188,858 228,858
TOTAL GRANTS AND ENTITLEMENTS  703,385 511,549 487,858
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 1 0
Revenues from Local Sources:
Local Tax Levy 40-1210 1,243,125 1,133,184 1,116,424
TOTAL REVENUES FROM LOCAL SOURCES  1,243,125 1,133,184 1,116,424
Revenues from State Sources:
Debt Service Aid Type II 40-3160 0 125,414 124,950
TOTAL LOCAL REPAYMENT OF DEBT  1,243,125 1,258,599 1,241,374
TOTAL REPAYMENT OF DEBT  1,243,125 1,258,599 1,241,374
TOTAL REVENUES/SOURCES  34,345,843 35,542,936 35,504,132

 

Advertised Appropriations
Budget CategoryAccount2007-08
Expenditures
2008-09
Rev. Approp.
2009-10
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX8,119,4268,515,0778,549,001
Special Education 11-2XX-100-XXX6,516,3616,677,7016,149,876
Basic Skills/Remedial 11-230-100-XXX161,553168,015162,051
Bilingual Education 11-240-100-XXX14,54615,55417,400
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX136,079147,561150,656
School Sponsored Athletics 11-402-100-XXX604,044629,355643,587
Support Services:
Tuition 11-000-100-XXX898,584726,876805,400
Health Services 11-000-213-XXX1,164,6291,088,422987,339
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217335,032343,145347,869
Guidance 11-000-218-XXX695,813713,602750,079
Child Study Teams 11-000-219-XXX619,433559,790563,298
Improvement of Instructional Services 11-000-221-XXX1,034,0571,136,040950,884
Educational Media Services - School Library 11-000-222-XXX347,857349,265451,058
Instructional Staff Training Services 11-000-223-XXX55,29661,99934,178
General Administration 11-000-230-XXX608,521510,490501,479
School Administration 11-000-240-XXX1,482,5891,544,8981,551,752
Central Svcs & Admin Info Technology 11-000-25X-XXX345,691371,210290,761
Operation and Maintenance of Plant Services 11-000-26X-XXX2,953,8783,251,7083,076,757
Student Transportation Services 11-000-270-XXX490,768521,435509,521
Personal Services - Employee Benefits 11-XXX-XXX-2XX4,763,1575,462,3665,817,516
Food Services 11-000-310-XXX50,97527,00020,500
Total Support Services Expenditures 15,846,28016,668,24616,658,391
TOTAL GENERAL CURRENT EXPENSE 31,398,28932,821,50932,330,962
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-60400500
Equipment 12-XXX-XXX-73X184,32255,35824,501
Facilities Acquisition and Construction Services 12-000-4XX-XXX401,216450,984962,647
TOTAL CAPITAL EXPENDITURES 585,538506,342987,648
SPECIAL SCHOOLS
Summer School:
Instruction 13-422-100-XXX366,979382,118410,403
Support Services 13-422-200-XXX48,52762,81945,887
Total Summer School 415,506444,937456,290
TOTAL SPECIAL SCHOOLS 415,506444,937456,290
OPERATING BUDGET GRAND TOTAL 32,399,33333,772,78833,774,900
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX54,15600
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX59,61300
Support Services 20-212-200-XXX12,00000
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 71,61300
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX7,5457,0410
Nonpublic Handicapped Services 20-XXX-XXX-XXX83,78847,83047,830
Nonpublic Nursing Services 20-XXX-XXX-XXX10,4228,3328,332
Nonpublic Technology Initiative 20-XXX-XXX-XXX5,4004,4884,488
Other Special Projects 20-XXX-XXX-XXX202,236255,000198,350
Total State Projects 381,004322,691259,000
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX238,742188,858228,858
Other Special Projects 20-XXX-XXX-XXX29,48300
Total Federal Projects 268,225188,858228,858
TOTAL GRANTS AND ENTITLEMENTS 703,385511,549487,858
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX1,243,1251,258,5991,241,374
TOTAL REPAYMENT OF DEBT 1,243,1251,258,5991,241,374
Total Expenditures 34,345,84335,542,93635,504,132

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/07
Audited
Balance
6/30/08
Estimated
Balance
6/30/09
Estimated
Balance
6/30/10
Unreserved:
  General Operating Budget1,189,584782,419882,419474,522
  Repayment of Debt1100
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve40,170390,773391,773167,273
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve0304,845192,205192,205
      Tuition Reserve330,000225,000225,000225,000
      Current Expense Emergency Reserve0000
  Reserved for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2006-07
Actual
2007-08
Actual
2008-09
Original
Budget
2008-09
Revised
Budget
2009-10
Proposed
Budget
Total Comparative Per Pupil Cost18,22118,39518,93119,34618,584
Total Classroom Instruction10,78410,99511,41711,59211,149
Classroom-Salaries and Benefits10,19110,45310,95510,98810,703
Classroom-General Supplies and Textbooks497413334422305
Classroom-Purchased Services and Other96129128182141
Total Support Services2,8643,0933,0693,1503,033
Support Services-Salaries and Benefits2,4202,6702,7912,7552,806
Total Administrative Costs2,0981,7431,7631,7821,709
Administration-Salaries and Benefits1,6931,3911,4961,4971,461
Total Operations and Maintenance of Plant1,8931,9712,0522,1962,059
Operations & Maintenance of Plant-Salary & Ben.9289071,0331,0301,031
Total Food Services Costs3431171712
Total Extracurricular Costs503525565562569
Total Equipment Costs289113283415
Employee Benefits as a % of Salaries22.522.224.724.626.4

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2009 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 2008-09 revised appropriations and 2009-10 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
Adjustment for tuition123,990 sending receiving agreement
Total Unusual Revenues123,990 
Roof Improvement1,017,039 Repairing roofs in 2 schools
Total Unusual Appropriations1,017,039 

 

Shared Services
  • *We are a member of Educational Data Purchasing Group with 150 schools.
  • *We share our Director of Buildings with the municipality, which
  • includes snow removal, water pipe repairs, concrete repairs, vehicle
  • sharing, field maintenance, and any other specialized repair.
  • *We are a member of ACES for energy purchasing.
  • *We are a member of E-Rate for reimbursements for communications.
  • *We are in a self insurance pool for Workman's Compensation with schools
  • from Morris and Essex County.
  • *We are in a self insurance pool for Property and Casualty Insurance
  • with other Morris County Schools.
  • *We share all services with our municipality where at all possible.

 

Estimated Tax Rate Information
A. Estimated 09-10 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy17,822,350 (A)
Estimated Net Taxable Valuation (as of 10/01/2008)1,477,533,321 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)x1001.2062 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy18,938,774 (D)
Estimated Net Taxable Valuation (as of 10/01/2008)1,477,533,321 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)x1001.2818 (F)
B. Estimated 09-10 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy17,822,350 (G)
Estimated Equalized Valuation (as of 10/01/2008)1,479,898,959 (H)
Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)x1001.2043 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy18,938,774 (J)
Estimated Equalized Valuation (as of 10/01/2008)1,479,898,959 (K)
Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)x1001.2797 (L)