>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>WARREN  >>GREAT MEADOWS REGIONAL

User Friendly Budgets
2009

WARREN - GREAT MEADOWS REGIONAL

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils on Roll Regular Full-Time878889902
spacing
Pupils on Roll - Special Full-Time888089
Private School Placements13107
spacing
Pupils Sent to Other Districts-Reg Prog384365430
Pupils Sent to Other Dists-Spec Ed Prog818913

 

Advertised Revenues
Budget CategoryAccount2007-08
Actual
2008-09
Revised
2009-10
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 467,358 772,277
Revenues from Local Sources:
Local Tax Levy 10-1210 11,512,278 11,514,907 11,664,104
Interest Earned on Capital Reserve Funds 10-1XXX 8,970 13,000 13,000
Other Restricted Miscellaneous Revenues 10-1XXX 133,030 98,000 141,600
SUBTOTAL  11,654,278 11,625,907 11,818,704
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 3,271,549 0 0
Transportation Aid 10-3120 695,211 0 0
Special Education Aid 10-3130 638,779 0 0
Bilingual Education 10-3140 16,316 0 0
Stabilization Aid 10-3171 1,133,951 0 0
Extraordinary Aid 10-3131 22,113 34,674 25,093
Consolidated Aid 10-3195 165,019 0 0
Additional Formula Aid 10-3196 360,579 0 0
Other State Aids 10-3XXX 11,331 0 0
Categorical Special Education Aid 10-3132 0 702,964 721,444
Equalization Aid 10-3176 0 4,631,923 4,819,554
Categorical Security Aid 10-3177 0 97,086 103,213
Adjustment Aid 10-3178 0 367,656 0
Categorical Transportation Aid 10-3121 0 610,946 766,364
SUBTOTAL  6,314,848 6,445,249 6,435,668
Adjustment for Prior Year Encumbrances  0 120,394 0
Actual Revenues (Over)/Under Expenditures  -356,720 0 0
TOTAL OPERATING BUDGET  17,612,406 18,658,908 19,026,649
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 4,605 8,559 8,000
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 5,798 2,623 2,000
TOTAL REVENUES FROM STATE SOURCES  5,798 2,623 2,000
Revenues from Federal Sources:
Title I 20-4411-4416 30,672 56,543 42,945
I.D.E.A. Part B (Handicapped) 20-4420-4429 276,409 294,485 260,346
Other 20-4XXX 28,846 45,118 31,451
TOTAL REVENUES FROM FEDERAL SOURCES  335,927 396,146 334,742
TOTAL GRANTS AND ENTITLEMENTS  346,330 407,328 344,742
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 0 3,599
Revenues from Local Sources:
Local Tax Levy 40-1210 520,541 400,284 435,573
Miscellaneous 40-1XXX 499,046 0 0
TOTAL REVENUES FROM LOCAL SOURCES  1,019,587 400,284 435,573
Revenues from State Sources:
Debt Service Aid Type II 40-3160 223,695 172,016 188,728
TOTAL LOCAL REPAYMENT OF DEBT  1,243,282 572,300 627,900
Actual Revenues (Over)/Under Expenditures  -3,599 0 0
TOTAL REPAYMENT OF DEBT  1,239,683 572,300 627,900
TOTAL REVENUES/SOURCES  19,198,419 19,638,536 19,999,291

 

Advertised Appropriations
Budget CategoryAccount2007-08
Expenditures
2008-09
Rev. Approp.
2009-10
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX4,500,6644,774,4844,885,261
Special Education 11-2XX-100-XXX540,467502,695521,991
Basic Skills/Remedial 11-230-100-XXX178,541173,712179,878
Support Services:
Tuition 11-000-100-XXX5,776,6056,308,4846,171,288
Health Services 11-000-213-XXX225,484235,935237,604
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217250,007192,560270,603
Guidance 11-000-218-XXX142,864149,847155,815
Child Study Teams 11-000-219-XXX244,234255,316261,445
Improvement of Instructional Services 11-000-221-XXX95,36692,36373,550
Educational Media Services - School Library 11-000-222-XXX196,591187,768240,968
Instructional Staff Training Services 11-000-223-XXX16,80410,13915,386
General Administration 11-000-230-XXX383,058331,174328,916
School Administration 11-000-240-XXX388,481413,943420,613
Central Svcs & Admin Info Technology 11-000-25X-XXX192,861192,699191,419
Operation and Maintenance of Plant Services 11-000-26X-XXX1,050,5061,083,9621,101,406
Student Transportation Services 11-000-270-XXX1,018,6151,150,0861,034,283
Personal Services - Employee Benefits 11-XXX-XXX-2XX2,053,0582,322,1242,525,086
Total Support Services Expenditures 12,034,53412,926,40013,028,382
TOTAL GENERAL CURRENT EXPENSE 17,254,20618,377,29118,615,512
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604013,00013,000
Equipment 12-XXX-XXX-73X65,92226,94223,100
Facilities Acquisition and Construction Services 12-000-4XX-XXX214,008145,572250,000
TOTAL CAPITAL EXPENDITURES 279,930185,514286,100
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X78,27096,103125,037
OPERATING BUDGET GRAND TOTAL 17,612,40618,658,90819,026,649
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX4,6058,5598,000
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX5,7982,6232,000
Total State Projects 5,7982,6232,000
Federal Projects:
Title I 20-XXX-XXX-XXX30,67256,54342,945
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX276,409294,485260,346
Other Special Projects 20-XXX-XXX-XXX28,84645,11831,451
Total Federal Projects 335,927396,146334,742
TOTAL GRANTS AND ENTITLEMENTS 346,330407,328344,742
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX1,239,683572,300627,900
TOTAL REPAYMENT OF DEBT 1,239,683572,300627,900
Total Expenditures 19,198,41919,638,53619,999,291

 

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 Budget514,877484,361374,361274,361
  Repayment of Debt03,5993,5990
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve239,873248,843261,843274,843
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve527,6371,029,635672,2770
      Tuition Reserve0000
      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 Cost9,95310,88111,32411,38611,631
Total Classroom Instruction6,3886,9457,2947,3597,464
Classroom-Salaries and Benefits6,1106,6306,9737,0267,122
Classroom-General Supplies and Textbooks227247243255274
Classroom-Purchased Services and Other5268777769
Total Support Services1,4231,5121,5021,4861,630
Support Services-Salaries and Benefits1,2831,2801,3351,3161,409
Total Administrative Costs1,1201,1611,2181,2271,223
Administration-Salaries and Benefits9009821,0401,0441,060
Total Operations and Maintenance of Plant1,0151,2551,3021,3051,305
Operations & Maintenance of Plant-Salary & Ben.621697731734732
Total Food Services Costs00000
Total Extracurricular Costs00000
Total Equipment Costs669242824
Employee Benefits as a % of Salaries29.628.830.831.333

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.

 

Shared Services
  • Great Meadows Regional School District participates in the Hunterdon Coun
  • ty ESC consortium for paper products. Has interlocal agreements with the
  • townships of Liberty and Independence. Participates in PSD school contr
  • acts with Hope Township School and Allamuchy BOE.

 

Estimated Tax Rate Information
INDEPENDENCE TOWNSHIP
A. Estimated 09-10 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy7,203,581 (A)
Estimated Net Taxable Valuation (as of 02/06/2009)697,273,938 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)x1001.0331 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy7,472,585 (D)
Estimated Net Taxable Valuation (as of 02/06/2009)697,273,938 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)x1001.0717 (F)
B. Estimated 09-10 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy7,203,581 (G)
Estimated Equalized Valuation (as of 01/14/2009)743,810,199 (H)
Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)x1000.9685 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy7,472,585 (J)
Estimated Equalized Valuation (as of 01/14/2009)743,810,199 (K)
Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)x1001.0046 (L)
spacing
LIBERTY TOWNSHIP
A. Estimated 09-10 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,460,523 (A)
Estimated Net Taxable Valuation (as of 02/19/2009)270,914,062 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)x1001.6465 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy4,627,092 (D)
Estimated Net Taxable Valuation (as of 02/19/2009)270,914,062 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)x1001.7080 (F)
B. Estimated 09-10 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,460,523 (G)
Estimated Equalized Valuation (as of 01/14/2009)365,562,643 (H)
Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)x1001.2202 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy4,627,092 (J)
Estimated Equalized Valuation (as of 01/14/2009)365,562,643 (K)
Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)x1001.2657 (L)