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User Friendly Budgets
2010

SOMERSET - SOUTH BOUND BROOK

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils on Roll Regular Full-Time376380391
spacing
Pupils on Roll - Special Full-Time494951
Private School Placements988
spacing
Pupils Sent to Other Districts-Reg Prog96101101
Pupils Sent to Other Dists-Spec Ed Prog272623
Pupils in State Facilities113

 

Advertised Revenues
Budget CategoryAccount2008-09
Actual
2009-10
Revised
2010-11
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 216,690 110,033
Withdrawal from Cap Res-for Local Share 10-307 0 569,000 0
Revenues from Local Sources:
Local Tax Levy 10-1210 5,045,171 5,166,471 5,248,130
Interest Earned on Capital Reserve Funds 10-1XXX 2,544 0 1,000
Other Restricted Miscellaneous Revenues 10-1XXX 12,730 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 0 2,700 8,850
SUBTOTAL  5,060,445 5,169,171 5,257,980
Revenues from State Sources:
Extraordinary Aid 10-3131 69,618 30,000 65,708
Categorical Special Education Aid 10-3132 311,905 306,633 54,504
Equalization Aid 10-3176 2,947,889 2,407,959 2,893,787
Categorical Security Aid 10-3177 87,259 81,008 0
Categorical Transportation Aid 10-3121 60,824 88,499 0
SUBTOTAL  3,477,495 2,914,099 3,013,999
Revenues from Federal Sources:
Equalization Aid - ARRA ESF 16-4520 0 513,871 0
Equalization Aid - ARRA GSF 17-4521 0 19,893 0
SUBTOTAL  0 533,764 0
Adjustment for Prior Year Encumbrances  0 165,410 0
Actual Revenues (Over)/Under Expenditures  -217,342 0 0
TOTAL OPERATING BUDGET  8,320,598 9,568,134 8,382,012
GRANTS AND ENTITLEMENTS
Revenues from Federal Sources:
Title I 20-4411-4416 102,269 85,012 80,643
I.D.E.A. Part B (Handicapped) 20-4420-4429 140,140 108,066 108,829
Other 20-4XXX 28,867 0 0
TOTAL REVENUES FROM FEDERAL SOURCES  271,276 193,078 189,472
TOTAL GRANTS AND ENTITLEMENTS  271,276 193,078 189,472
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 373,820 375,420 376,395
TOTAL REVENUES FROM LOCAL SOURCES  373,820 375,420 376,395
TOTAL LOCAL REPAYMENT OF DEBT  373,820 375,420 376,395
TOTAL REPAYMENT OF DEBT  373,820 375,420 376,395
TOTAL REVENUES/SOURCES  8,965,694 10,136,632 8,947,879
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL REVENUES/SOURCES NET OF TRANSFERS  8,965,694 10,136,632 8,947,879

 

Advertised Appropriations
Budget CategoryAccount2008-09
Expenditures
2009-10
Rev. Approp.
2010-11
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX1,972,3762,022,7711,851,097
Special Education 11-2XX-100-XXX445,562459,900445,800
Basic Skills/Remedial 11-230-100-XXX123,1718840
Bilingual Education 11-240-100-XXX48,98550,80053,160
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX25,92532,53422,365
School Sponsored Athletics 11-402-100-XXX21,2605,1544,465
Support Services:
Tuition 11-000-100-XXX1,979,2062,375,0192,062,595
Attendance and Social Work Services 11-000-211-XXX026,65727,931
Health Services 11-000-213-XXX139,877127,341117,021
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217123,494242,377238,551
Guidance 11-000-218-XXX109,59883,79784,395
Child Study Teams 11-000-219-XXX281,608290,394327,279
Improvement of Instructional Services 11-000-221-XXX281,768316,174177,036
Educational Media Services - School Library 11-000-222-XXX76,26671,446161,875
Instructional Staff Training Services 11-000-223-XXX3,1286,7500
General Administration 11-000-230-XXX297,956305,422176,398
School Administration 11-000-240-XXX157,826112,910114,953
Central Svcs & Admin Info Technology 11-000-25X-XXX178,843186,275199,895
Operation and Maintenance of Plant Services 11-000-26X-XXX555,092706,293630,165
Student Transportation Services 11-000-270-XXX429,810447,428458,280
Personal Services - Employee Benefits 11-XXX-XXX-2XX901,7121,037,2591,075,467
Total Support Services Expenditures 5,516,1846,335,5425,851,841
TOTAL GENERAL CURRENT EXPENSE 8,153,4638,907,5858,228,728
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604001,000
Equipment 12-XXX-XXX-73X066,7530
Facilities Acquisition and Construction Services 12-000-4XX-XXX04,88339,623
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931150,403569,0000
TOTAL CAPITAL EXPENDITURES 150,403640,63640,623
Summer School:
Instruction 13-422-100-XXX16,7329,58211,960
Total Summer School 16,7329,58211,960
TOTAL SPECIAL SCHOOLS 16,7329,58211,960
Transfer of Funds to Charter Schools 10-000-100-56X010,331100,701
OPERATING BUDGET GRAND TOTAL 8,320,5989,568,1348,382,012
SPECIAL GRANTS AND ENTITLEMENTS
Federal Projects:
Title I 20-XXX-XXX-XXX102,26985,01280,643
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX140,140108,066108,829
Other Special Projects 20-XXX-XXX-XXX28,86700
Total Federal Projects 271,276193,078189,472
TOTAL GRANTS AND ENTITLEMENTS 271,276193,078189,472
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX373,820375,420376,395
TOTAL REPAYMENT OF DEBT 373,820375,420376,395
Total Expenditures 8,965,69410,136,6328,947,879
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS 8,965,69410,136,6328,947,879

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/08
Audited
Balance
6/30/09
Estimated
Balance
6/30/10
Estimated
Balance
6/30/11
Unassigned:
  General Operating Budget264,643250,000250,000250,000
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve649,606683,136114,136115,136
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve281,627326,723110,0330
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Restricted for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2007-08
Actual
2008-09
Actual
2009-10
Original
Budget
2009-10
Revised
Budget
2010-11
Proposed
Budget
Total Comparative Per Pupil Cost12,64413,43114,05614,28413,152
Total Classroom Instruction6,9857,3697,4107,4516,957
Classroom-Salaries and Benefits6,5837,0407,0777,1036,706
Classroom-General Supplies and Textbooks247231183197157
Classroom-Purchased Services and Other1559815015094
Total Support Services2,5662,8463,2743,3153,239
Support Services-Salaries and Benefits2,4932,5282,7392,7482,723
Total Administrative Costs1,7681,7681,7141,7351,406
Administration-Salaries and Benefits1,5541,5221,4911,4941,191
Legal Costs00233223
Total Operations and Maintenance of Plant1,1971,3061,5441,6681,463
Operations & Maintenance of Plant-Salary & Ben.2641484846
Total Food Services Costs00000
Total Extracurricular Costs12413410810979
Total Equipment Costs860951570
Employee Benefits as a % of Salaries21.322.926.826.829.9

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2010 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 2009-10 revised appropriations and 2010-11 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
  • sbb shares sevices with borough in grounds maint,parking lot maint, snow
  • and garbage removal. Borough uses our facility as a community center, fo
  • r rec programs Monday to Saturday each week. sbb boe participates shared
  • services for banking, purchasing, transportation , electiricity, gas and
  • telsphone serivices.

 

Estimated Tax Rate Information
A. Estimated 10-11 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy5,248,130 (A)
Estimated Net Taxable Valuation (as of 10/01/2009)342,583,600 (B)
Estimated 10-11 General Fund School Tax Rate=(A)/(B)x1001.5319 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy5,624,525 (D)
Estimated Net Taxable Valuation (as of 10/01/2009)342,583,600 (E)
Estimated 10-11 Total School Tax Rate=(D)/(E)x1001.6418 (F)
B. Estimated 10-11 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy5,248,130 (G)
Estimated Equalized Valuation (as of 10/01/2009)351,527,291 (H)
Estimated 10-11 Equalized General Fund School Tax Rate=(G)/(H)x1001.4930 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy5,624,525 (J)
Estimated Equalized Valuation (as of 10/01/2009)351,527,291 (K)
Estimated 10-11 Equalized Total School Tax Rate=(J)/(K)x1001.6000 (L)

 

Administrative Salaries
Employee Name: Dennis Donahue 
Job TitlePrincipal 
Base Annual Salary127,662 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2007 
  Ending Date of Contract06/30/2010 
  Contracted Number of Annual Work Days261 
  Contracted Number of Annual Vacation Days 22 
  Contracted Number of Annual Sick Days12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other7,695 
  Retirement Plans
Contractual Post-Employment Benefits Amount24,550 
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits$80 per day @ retirement(sick pay) $532 per day 26 days (vacation) 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Dr. Carol Rosevear 
Job TitleSuperintendent 
Base Annual Salary180,000 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2006 
  Ending Date of Contract06/30/2011 
  Contracted Number of Annual Work Days261 
  Contracted Number of Annual Vacation Days 27 
  Contracted Number of Annual Sick Days15 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances2,250 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other17,612 
  Retirement Plans
Contractual Post-Employment Benefits Amount47,250 
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits$750 per day 46 days (sick pay) $750 per day 17 days (sick pay) 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Joseph Marra 
Job TitleBusiness Administrator 
Base Annual Salary87,500 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2009 
  Ending Date of Contract06/30/2010 
  Contracted Number of Annual Work Days261 
  Contracted Number of Annual Vacation Days 20 
  Contracted Number of Annual Sick Days12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances1,100 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other14,912 
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits@ retirement $80 per day/max 50 days 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Michael Butkus 
Job TitleCoordinator/Dir./Mgr./Supvr. 
Base Annual Salary84,235 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2009 
  Ending Date of Contract06/30/2010 
  Contracted Number of Annual Work Days261 
  Contracted Number of Annual Vacation Days 20 
  Contracted Number of Annual Sick Days12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other13,939 
  Retirement Plans
Contractual Post-Employment Benefits Amount2,345 
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits67 days @ $35 per day 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Wendy Stein 
Job TitleCoordinator/Dir./Mgr./Supvr. 
Base Annual Salary112,810 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2007 
  Ending Date of Contract06/30/2010 
  Contracted Number of Annual Work Days261 
  Contracted Number of Annual Vacation Days 22 
  Contracted Number of Annual Sick Days12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances775 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other16,989 
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits$80 per day @ retirement 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments