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User Friendly Budgets
2008

MERCER - LAWRENCE TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time3,3523,3643,367
Pupils on Roll Regular Shared-Time222020
spacing
Pupils on Roll - Special Full-Time551544544
Pupils on Roll - Special Shared-Time252424
Private School Placements483234
spacing
Pupils Sent to Other Districts-Reg Prog6615
Pupils Sent to Other Dists-Spec Ed Prog543541
Pupils Received8362
Pupils in State Facilities212

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 4,040,157 2,505,000
Budgeted Fund Bal - Deposit to Capital Reserve 10-303 0 0 795,000
Transfers from Other Funds 10-5200 134,156 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 53,698,356 55,507,507 56,207,624
Tuition 10-1300 247,353 0 194,868
Interest Earned on Capital Reserve Funds 10-1XXX 0 5,000 5,000
Unrestricted Miscellaneous Revenues 10-1XXX 652,135 250,000 451,337
SUBTOTAL  54,597,844 55,762,507 56,858,829
Revenues from State Sources:
Transportation Aid 10-3120 967,923 967,923 0
Special Education Aid 10-3130 3,062,508 3,062,508 0
Bilingual Education 10-3140 163,520 163,520 0
Extraordinary Aid 10-3131 852,210 0 237,740
Consolidated Aid 10-3195 164,421 164,421 0
Additional Formula Aid 10-3196 134,039 272,100 0
Other State Aids 10-3XXX 39,191 0 0
Categorical Special Education Aid 10-3132 0 0 2,127,239
Categorical Security Aid 10-3177 0 0 361,163
Adjustment Aid 10-3178 0 0 1,331,997
Categorical Transportation Aid 10-3121 0 0 1,115,182
SUBTOTAL  5,383,812 4,630,472 5,173,321
Adjustment for Prior Year Encumbrances  0 857,456 0
Actual Revenues (Over)/Under Expenditures  -869,702 0 0
TOTAL OPERATING BUDGET  59,246,110 65,290,592 65,332,150
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 121,928 0 0
Revenues from State Sources:
Preschool Education Aid 20-3218 0 0 132,000
Instructional Supplement Aid 20-3214 109,611 109,611 0
Other Restricted Entitlements 20-32XX 1,082,390 1,863,949 1,052,064
TOTAL REVENUES FROM STATE SOURCES  1,192,001 1,973,560 1,184,064
Revenues from Federal Sources:
Title I 20-4411-4416 151,843 122,918 104,480
I.D.E.A. Part B (Handicapped) 20-4420-4429 1,249,652 1,215,627 735,216
Other 20-4XXX 191,348 134,182 114,055
TOTAL REVENUES FROM FEDERAL SOURCES  1,592,843 1,472,727 953,751
TOTAL GRANTS AND ENTITLEMENTS  2,906,772 3,446,287 2,137,815
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 40,000 380,000
Transfers from Other Funds 40-5200 129,948 0 0
Revenues from Local Sources:
Local Tax Levy 40-1210 2,506,478 3,335,282 2,999,413
Miscellaneous 40-1XXX 8,776 0 0
TOTAL REVENUES FROM LOCAL SOURCES  2,515,254 3,335,282 2,999,413
Revenues from State Sources:
Debt Service Aid Type II 40-3160 0 0 952,503
TOTAL LOCAL REPAYMENT OF DEBT  2,645,202 3,375,282 4,331,916
Actual Revenues (Over)/Under Expenditures  -1,644 0 0
TOTAL REPAYMENT OF DEBT  2,643,558 3,375,282 4,331,916
TOTAL REVENUES/SOURCES  64,796,440 72,112,161 71,801,881

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX18,068,24919,385,02219,974,715
Special Education 11-2XX-100-XXX3,654,2764,615,6444,865,042
Basic Skills/Remedial 11-230-100-XXX881,579849,2101,022,154
Bilingual Education 11-240-100-XXX553,234586,316611,938
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX275,541277,064300,450
School Sponsored Athletics 11-402-100-XXX597,505661,421690,761
Community Services Programs/Operations 11-800-330-XXX211,074159,028155,288
Support Services:
Tuition 11-000-100-XXX3,541,3274,169,9043,253,136
Attendance and Social Work Services 11-000-211-XXX161,393172,667181,288
Health Services 11-000-213-XXX698,574754,118817,945
Students - Related & Extraordinary 11-000-216,217979,3101,759,1261,712,677
Guidance 11-000-218-XXX1,379,3371,469,8311,568,009
Child Study Teams 11-000-219-XXX2,211,7361,865,1542,013,576
Improvement of Instructional Services 11-000-221-XXX1,448,4471,698,6201,681,813
Educational Media Services - School Library 11-000-222-XXX824,8001,038,4221,067,870
Instructional Staff Training Services 11-000-223-XXX266,810318,733278,500
General Administration 11-000-230-XXX602,606728,914646,751
School Administration 11-000-240-XXX2,299,5572,460,7032,495,949
Central Svcs & Admin Info Technology 11-000-25X-XXX1,615,5251,739,3971,680,340
Operation and Maintenance of Plant Services 11-000-26X-XXX6,118,8556,272,3156,488,124
Student Transportation Services 11-000-270-XXX3,307,7833,398,9783,268,758
Personal Services - Employee Benefits 11-XXX-XXX-2XX8,574,4149,404,5589,641,831
Total Support Services Expenditures 34,030,47437,251,44036,796,567
TOTAL GENERAL CURRENT EXPENSE 58,271,93263,785,14564,416,915
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-6040195,000795,000
Interest Earned on Capital Reserve 10-60405,0005,000
Equipment 12-XXX-XXX-73X133,831231,75990,235
Facilities Acquisition and Construction Services 12-000-4XX-XXX840,3471,073,68825,000
TOTAL CAPITAL EXPENDITURES 974,1781,505,447915,235
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 59,246,11065,290,59265,332,150
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX121,92800
Early Childhood Program Aid:
Instruction 20-211-100-XXX00119,268
Support Services 20-211-200-XXX0012,732
TOTAL EARLY CHILDHOOD PROGRAM AID 00132,000
Instructional Supplement Aid:
Instruction 20-214-100-XXX109,611109,6110
TOTAL INSTRUCTIONAL SUPPLEMENT AID 109,611109,6110
Other State Projects:
Instruction 20-217-100-XXX0167,0000
TOTAL TARA USED TO SUPPORT PROGRAMS 0167,0000
Nonpublic Textbooks 20-XXX-XXX-XXX101,88787,30187,301
Nonpublic Auxiliary Services 20-XXX-XXX-XXX314,586411,595411,595
Nonpublic Handicapped Services 20-XXX-XXX-XXX224,406243,457243,467
Nonpublic Nursing Services 20-XXX-XXX-XXX162,385147,221147,221
Nonpublic Technology Initiative 20-XXX-XXX-XXX73,16062,48062,480
Other Special Projects 20-XXX-XXX-XXX205,966744,895100,000
Total State Projects 1,192,0011,973,5601,184,064
Federal Projects:
Title I 20-XXX-XXX-XXX151,843122,918104,480
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX1,249,6521,215,627735,216
Other Special Projects 20-XXX-XXX-XXX191,348134,182114,055
Total Federal Projects 1,592,8431,472,727953,751
TOTAL GRANTS AND ENTITLEMENTS 2,906,7723,446,2872,137,815
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX2,643,5583,375,2824,331,916
TOTAL REPAYMENT OF DEBT 2,643,5583,375,2824,331,916
Total Expenditures 64,796,44072,112,16171,801,881

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/06
Audited
Balance
6/30/07
Estimated
Balance
6/30/08
Estimated
Balance
6/30/09
Unreserved:
  General Operating Budget5,935,2565,360,5262,551,0221,287,802
  Repayment of Debt128,064129,708380,0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve186,499570,655770,6551,570,655
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve731,3022,036,7802,036,7800
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Reserved for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2005-06
Actual
2006-07
Actual
2007-08
Original
Budget
2007-08
Revised
Budget
2008-09
Proposed
Budget
Total Comparative Per Pupil Cost11,51612,96314,77314,86815,494
Total Classroom Instruction6,5447,0907,8667,9288,230
Classroom-Salaries and Benefits6,1996,6957,4917,4397,751
Classroom-General Supplies and Textbooks278337315412423
Classroom-Purchased Services and Other6759617657
Total Support Services2,0412,4042,7722,7612,856
Support Services-Salaries and Benefits1,7512,1592,4572,4242,562
Total Administrative Costs1,2441,3541,4081,4911,476
Administration-Salaries and Benefits1,0391,1781,2131,2881,320
Total Operations and Maintenance of Plant1,4301,7091,8251,7711,842
Operations & Maintenance of Plant-Salary & Ben.7879261,0259361,014
Total Food Services Costs40000
Total Extracurricular Costs218258278278296
Total Equipment Costs934335923
Employee Benefits as a % of Salaries22.82323.122.823.4

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2008 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 2007-08 revised appropriations and the 2008-09 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
06/07 Extraordinary Aid177,210 Special Education aid
0607 Extraordinary Aid675,000 Aid from WT sending/receiving dissoluti
Unspent Transportation Fu168,000 Savings from fewer tuition students
Unspent Tuition556,653 Savings from in district programs
Total Unusual Revenues1,576,863 

 

Shared Services
  • The Lawrence Township Board of Education particpates in the following sha
  • red services arrangements: 1)Cooperative Pricing Initiatives including: A
  • CES Energy Program, Shared Employee Training Programs, Lead on the Mercer
  • County Educational Technology Training Center, Purchasing through Ed. Da
  • ta cooperative purchasing consortium, purchasing telephone services throu
  • gh the Alliance for Competetive Telephone consortium, Lead Agency of LTBO
  • E Cooperative Pricing System, Shared Snow plowing services and shared law
  • n maintenance with Lawrence Township Municipality, Joint transportation a
  • greements with Mercer County Special Services District, Ewing School Dist
  • rict, personnel recruitment services are shared with all Mercer County sc
  • hool districts, the LTPS and LTPD share SRO for the purpose of educating
  • students and enhancing school security. LTPS also shares in supporting t
  • he LNSC programs for the purpose of providing community outreach programs
  • directly impacting LTPS students.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy56,207,624 (A)
Estimated Net Taxable Valuation (as of 02/29/2008)2,691,265,288 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1002.0885 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy59,207,037 (D)
Estimated Net Taxable Valuation (as of 02/29/2008)2,691,265,288 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1002.2000 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy56,207,624 (G)
Estimated Equalized Valuation (as of 10/01/2007)5,625,236,030 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.9992 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy59,207,037 (J)
Estimated Equalized Valuation (as of 10/01/2007)5,625,236,030 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.0525 (L)