>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>SOMERSET  >>MILLSTONE

User Friendly Budgets
2009

SOMERSET - MILLSTONE

Effective July 1, 2009, this non-operating district was eliminated.
For details, click here: http://www.state.nj.us/education/news/2009/0701nonops.htm

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils Sent to Other Districts-Reg Prog425653
Pupils Sent to Other Dists-Spec Ed Prog101012

 

Advertised Revenues
Budget CategoryAccount2007-08
Actual
2008-09
Revised
2009-10
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 167,665 0
Revenues from Local Sources:
Local Tax Levy 10-1210 486,855 582,797 789,560
Other Local Governmental Units - Unrestricted 10-12XX 8,747 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 0 9,619 2,400
SUBTOTAL  495,602 592,416 791,960
Revenues from State Sources:
Transportation Aid 10-3120 41,815 0 0
Special Education Aid 10-3130 34,036 0 0
Consolidated Aid 10-3195 6,035 0 0
Additional Formula Aid 10-3196 4,987 0 0
Other State Aids 10-3XXX 414 0 0
Categorical Special Education Aid 10-3132 0 27,737 35,840
Equalization Aid 10-3176 0 42,956 25,786
Categorical Security Aid 10-3177 0 3,639 4,888
Categorical Transportation Aid 10-3121 0 27,879 40,808
SUBTOTAL  87,287 102,211 107,322
Actual Revenues (Over)/Under Expenditures  165,943 0 0
TOTAL OPERATING BUDGET  748,832 862,292 899,282
TOTAL REVENUES/SOURCES  748,832 862,292 899,282

 

Advertised Appropriations
Budget CategoryAccount2007-08
Expenditures
2008-09
Rev. Approp.
2009-10
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Support Services:
Tuition 11-000-100-XXX656,978758,092790,204
General Administration 11-000-230-XXX4,0748,3007,600
Central Svcs & Admin Info Technology 11-000-25X-XXX20,47022,50023,300
Student Transportation Services 11-000-270-XXX65,67571,70076,428
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,6351,7001,750
Total Support Services Expenditures 748,832862,292899,282
TOTAL GENERAL CURRENT EXPENSE 748,832862,292899,282
CAPITAL EXPENDITURES
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 748,832862,292899,282
GRANTS AND ENTITLEMENTS
Total Expenditures 748,832862,292899,282

 

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 Budget179,457181,46522,80022,800
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve0000
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve167,951000
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Reserved for Repayment of Debt0000

 

Estimated Tax Rate Information
A. Estimated 09-10 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy789,560 (A)
Estimated Net Taxable Valuation (as of 10/01/2008)62,416,755 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)x1001.2650 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy789,560 (D)
Estimated Net Taxable Valuation (as of 10/01/2008)62,416,755 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)x1001.2650 (F)
B. Estimated 09-10 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy789,560 (G)
Estimated Equalized Valuation (as of 10/01/2008)55,207,171 (H)
Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)x1001.4302 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy789,560 (J)
Estimated Equalized Valuation (as of 10/01/2008)55,207,171 (K)
Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)x1001.4302 (L)