>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>PASSAIC  >>LAKELAND REGIONAL

User Friendly Budgets
2011-2012

PASSAIC - LAKELAND REGIONAL

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2009
Actual
October 15, 2010
Actual
October 15, 2011
Estimated
Pupils on Roll Regular Full-Time1,0241,0441,044
Pupils on Roll Regular Shared-Time0013
spacing
Pupils on Roll - Special Full-Time123130128
Pupils on Roll - Special Shared-Time121810
Private School Placements11911
spacing
Pupils Sent to Other Districts-Reg Prog200
Pupils Sent to Other Dists-Spec Ed Prog759
Pupils Received689
Pupils in State Facilities011

 

Advertised Revenues
Budget CategoryAccount2009-10
Actual
2010-11
Revised
2011-12
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 240,933 246,131
Withdrawal from Cap Res-for Local Share 10-307 0 1,106,375 0
Withdrawal from Maint. Reserve 10-310 0 100,000 0
Transfers from Other Funds 10-5200 -504,828 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 15,882,862 16,418,176 15,736,378
Tuition 10-1300 494,364 366,974 459,729
Interest Earned on Maintenance Reserve 10-1XXX 1,371 2,000 5,883
Interest Earned on Capital Reserve Funds 10-1XXX 4,237 2,000 6,454
Other Restricted Miscellaneous Revenues 10-1XXX 0 150,842 0
Unrestricted Miscellaneous Revenues 10-1XXX 222,458 60,000 70,000
SUBTOTAL  16,605,292 16,999,992 16,278,444
Revenues from State Sources:
Extraordinary Aid 10-3131 209,386 0 0
Categorical Special Education Aid 10-3132 648,598 56,608 652,347
Equalization Aid 10-3176 3,034,150 4,056,879 3,712,152
Categorical Security Aid 10-3177 63,253 0 0
Categorical Transportation Aid 10-3121 303,836 0 0
SUBTOTAL  4,259,223 4,113,487 4,364,499
Revenues from Federal Sources:
Equalization Aid - ARRA ESF 16-4520 706,662 0 0
Equalization Aid - ARRA GSF 17-4521 27,356 0 0
Education Jobs Fund 18-4522 0 0 173,897
SUBTOTAL  734,018 0 173,897
Adjustment for Prior Year Encumbrances  0 217,797 0
Actual Revenues (Over)/Under Expenditures  -1,421,597 0 0
TOTAL OPERATING BUDGET  19,672,108 22,778,584 21,062,971
GRANTS AND ENTITLEMENTS
Revenues from Federal Sources:
Title I 20-4411-4416 27,361 31,618 31,618
Title II 20-4451-4455 0 0 20,660
I.D.E.A. Part B (Handicapped) 20-4420-4429 362,985 226,170 226,170
Other 20-4XXX 22,500 20,660 0
TOTAL REVENUES FROM FEDERAL SOURCES  412,846 278,448 278,448
TOTAL GRANTS AND ENTITLEMENTS  412,846 278,448 278,448
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 343,747 343,747 330,631
TOTAL REVENUES FROM LOCAL SOURCES  343,747 343,747 330,631
TOTAL LOCAL REPAYMENT OF DEBT  343,747 343,747 330,631
TOTAL REPAYMENT OF DEBT  343,747 343,747 330,631
TOTAL REVENUES/SOURCES  20,428,701 23,400,779 21,672,050
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL REVENUES/SOURCES NET OF TRANSFERS  20,428,701 23,400,779 21,672,050

 

Advertised Appropriations
Budget CategoryAccount2009-10
Expenditures
2010-11
Rev. Approp.
2011-12
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX7,357,2786,395,7206,297,189
Special Education 11-2XX-100-XXX885,2771,716,2611,793,554
Basic Skills/Remedial 11-230-100-XXX28,63228,4100
Bilingual Education 11-240-100-XXX24,74326,26025,275
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX137,110196,222171,228
School Sponsored Athletics 11-402-100-XXX488,148708,918703,300
Summer School 11-422-XXX-XXX38,66151,00051,000
Alternative Education Programs - Instructional 11-423-XXX-XXX29,06030,22229,496
Support Services:
Tuition 11-000-100-XXX973,2241,293,4631,501,410
Attendance and Social Work Services 11-000-211-XXX127,074143,207131,538
Health Services 11-000-213-XXX171,794175,792187,100
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217345,107377,777404,270
Guidance 11-000-218-XXX598,083652,250669,977
Child Study Teams 11-000-219-XXX192,779245,977269,394
Improvement of Instructional Services 11-000-221-XXX787,152665,311575,427
Educational Media Services - School Library 11-000-222-XXX242,252284,906263,357
Instructional Staff Training Services 11-000-223-XXX7,72129,72328,068
General Administration 11-000-230-XXX467,898636,508479,771
School Administration 11-000-240-XXX538,951539,646492,807
Central Svcs & Admin Info Technology 11-000-25X-XXX402,481547,649374,206
Interest Earned on Maintenance Reserve 10-60602,0005,883
Operation and Maintenance of Plant Services 11-000-26X-XXX1,609,5681,949,3701,856,826
Student Transportation Services 11-000-270-XXX1,076,1491,041,0741,197,446
Personal Services - Employee Benefits 11-XXX-XXX-2XX2,924,6983,575,4303,474,218
Total Support Services Expenditures 10,464,93112,158,08311,905,815
TOTAL GENERAL CURRENT EXPENSE 19,453,84021,313,09620,982,740
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-60401,104,3750
Interest Earned on Capital Reserve 10-60402,0006,454
Equipment 12-XXX-XXX-73X78,268268,80053,749
Facilities Acquisition and Construction Services 12-000-4XX-XXX140,00090,31320,028
TOTAL CAPITAL EXPENDITURES 218,2681,465,48880,231
OPERATING BUDGET GRAND TOTAL 19,672,10822,778,58421,062,971
SPECIAL GRANTS AND ENTITLEMENTS
Federal Projects:
Title I 20-XXX-XXX-XXX27,36131,61831,618
Title II 20-XXX-XXX-XXX0020,660
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX362,985226,170226,170
Other Special Projects 20-XXX-XXX-XXX22,50020,6600
Total Federal Projects 412,846278,448278,448
TOTAL GRANTS AND ENTITLEMENTS 412,846278,448278,448
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX343,747343,747330,631
TOTAL REPAYMENT OF DEBT 343,747343,747330,631
Total Expenditures 20,428,70123,400,77921,672,050
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS 20,428,70123,400,77921,672,050

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/09
Audited
Balance
6/30/10
Estimated
Balance
6/30/11
Estimated
Balance
6/30/12
Unassigned:
  General Operating Budget408,354622,334449,543449,543
  Repayment of Debt0000
Restricted for Specific Purposes:
  General Operating Budget:
      Capital Reserve1,200,0011,893,2101,288,8351,295,289
      Adult Education Programs0000
      Maintenance Reserve269,2941,270,6651,174,6651,180,548
      Legal Reserve734,652422,273246,1310
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Restricted for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2008-09
Actual
2009-10
Actual
2010-11
Original
Budget
2010-11
Revised
Budget
2011-12
Proposed
Budget
Total Comparative Per Pupil Cost15,03514,29815,65716,04115,444
Total Classroom Instruction8,6498,6478,6828,7698,654
Classroom-Salaries and Benefits8,2588,2888,3708,4258,225
Classroom-General Supplies and Textbooks271256175192241
Classroom-Purchased Services and Other120103138152189
Total Support Services2,0792,5262,6152,6642,613
Support Services-Salaries and Benefits1,9122,2822,2602,2852,266
Total Administrative Costs1,7501,4021,6001,6801,337
Administration-Salaries and Benefits1,3831,0881,0291,045948
Legal Costs041435144
Total Operations and Maintenance of Plant1,6421,5041,7341,8031,724
Operations & Maintenance of Plant-Salary & Ben.756704711726739
Total Food Services Costs00000
Total Extracurricular Costs736643814907873
Total Equipment Costs367022745
Employee Benefits as a % of Salaries23.621.826.527.126.6

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2011 Taxpayers Guide to Education Spending (formerly Comparative Spending Guide) and can be found on the Department of Education's Internet address: http://www.state.nj.us/education under Finance. This publication is available in the board office and public libraries. The same calculations were performed using the 2010-11 revised appropriations and 2011-12 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
Cell tower lease31,212 Recurring revenue for long term lease
Education Jobs Fund173,897 Federal aid for district positions.
Total Unusual Revenues205,109 
1.5% withholding131,580 Recurring withholding for health ben
Total Unusual Appropriations131,580 

 

Shared Services
  • Lakeland Regional High School believes and participaes in shared service
  • and interlocal agreements to achieve economies.
  • A Tri-District Special Services Supervisor for the Wanaque, Ringwood and
  • LRHS districts.
  • Transporation services where LRHS and Ringwood share assets and personnel
  • to provide efficient to and from bussing services.
  • LRHS provides special education transportation to neighboring districts.
  • Shared service scheduling of outdoor maintenance of grounds and fields
  • with Wanaque Borough.
  • LRHS shares services of Director of Autistic Education with Pompton Lakes
  • Wanaque and Ringwood Boroughs share trash, recycling programs with LRHS.
  • Wanaque, Ringwood and LRHS hold periodic meetings to align curriculum.

 

Estimated Tax Rate Information
RINGWOOD
A. Estimated 11-12 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy8,791,592 (A)
Estimated Net Taxable Valuation (as of 10/01/2010)1,718,985,777 (B)
Estimated 11-12 General Fund School Tax Rate=(A)/(B)x1000.5114 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy8,976,308 (D)
Estimated Net Taxable Valuation (as of 10/01/2010)1,718,985,777 (E)
Estimated 11-12 Total School Tax Rate=(D)/(E)x1000.5222 (F)
B. Estimated 11-12 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy8,791,592 (G)
Estimated Equalized Valuation (as of 10/01/2010)1,792,935,454 (H)
Estimated 11-12 Equalized General Fund School Tax Rate=(G)/(H)x1000.4903 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy8,976,308 (J)
Estimated Equalized Valuation (as of 10/01/2010)1,792,935,454 (K)
Estimated 11-12 Equalized Total School Tax Rate=(J)/(K)x1000.5006 (L)
spacing
WANAQUE
A. Estimated 11-12 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy6,944,786 (A)
Estimated Net Taxable Valuation (as of 10/01/2010)580,331,284 (B)
Estimated 11-12 General Fund School Tax Rate=(A)/(B)x1001.1967 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy7,090,701 (D)
Estimated Net Taxable Valuation (as of 10/01/2010)580,331,284 (E)
Estimated 11-12 Total School Tax Rate=(D)/(E)x1001.2218 (F)
B. Estimated 11-12 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy6,944,786 (G)
Estimated Equalized Valuation (as of 10/01/2010)1,349,293,848 (H)
Estimated 11-12 Equalized General Fund School Tax Rate=(G)/(H)x1000.5147 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy7,090,701 (J)
Estimated Equalized Valuation (as of 10/01/2010)1,349,293,848 (K)
Estimated 11-12 Equalized Total School Tax Rate=(J)/(K)x1000.5255 (L)

 

Administrative Salaries
Employee Name: Anthony Riscica 
Job TitleSuperintendent Principal 
Base Annual Salary165,000 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2010 
  Ending Date of Contract06/30/2013 
  Contracted Number of Annual Work Days261 
  Contracted Number of Annual Vacation Days 23 
  Contracted Number of Annual Sick Days 12 
  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: 
Allowances5,000 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount12,750 
  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 
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: David Bochkay 
Job TitleCoordinator/Dir./Mgr./Supvr. 
Base Annual Salary82,114 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2010 
  Ending Date of Contract06/30/2011 
  Contracted Number of Annual Work Days261 
  Contracted Number of Annual Vacation Days 16 
  Contracted Number of Annual Sick Days 12 
  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, Other
  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 
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: Georgia Schillaci 
Job TitleAdministrative Assistant 
Base Annual Salary88,228 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2010 
  Ending Date of Contract06/30/2011 
  Contracted Number of Annual Work Days261 
  Contracted Number of Annual Vacation Days 26 
  Contracted Number of Annual Sick Days 12 
  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, Other
  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 
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 Leary 
Job TitleBusiness Administrator 
Base Annual Salary129,000 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2010 
  Ending Date of Contract06/30/2011 
  Contracted Number of Annual Work Days261 
  Contracted Number of Annual Vacation Days 23 
  Contracted Number of Annual Sick Days 12 
  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: 
Allowances3,000 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount10,500 
  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 
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