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User Friendly Budgets
2008

MORRIS - MADISON BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time1,9681,9461,992
Pupils on Roll Regular Shared-Time322
spacing
Pupils on Roll - Special Full-Time312295297
Pupils on Roll - Special Shared-Time280
Private School Placements322528
spacing
Pupils Sent to Other Dists-Spec Ed Prog475
Pupils Received10598103
Pupils in State Facilities100

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 1,058,357 711,987
Withdrawal from Cap Res-for Local Share 10-307 0 0 89,971
Transfers from Other Funds 10-5200 1,455,392 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 27,114,621 28,199,206 29,719,423
Tuition 10-1300 1,347,200 1,380,000 1,430,000
Interest Earned on Capital Reserve Funds 10-1XXX 28,304 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 363,945 652,447 260,000
SUBTOTAL  28,854,070 30,231,653 31,409,423
Revenues from State Sources:
Transportation Aid 10-3120 171,015 171,015 0
Special Education Aid 10-3130 1,026,152 1,026,152 0
Bilingual Education 10-3140 60,916 60,916 0
Extraordinary Aid 10-3131 57,607 0 44,650
Consolidated Aid 10-3195 131,624 131,624 0
Additional Formula Aid 10-3196 41,691 84,633 0
Other State Aids 10-3XXX 15,893 0 0
Categorical Special Education Aid 10-3132 0 0 1,217,367
Categorical Security Aid 10-3177 0 0 169,835
Categorical Transportation Aid 10-3121 0 0 201,088
SUBTOTAL  1,504,898 1,474,340 1,632,940
Adjustment for Prior Year Encumbrances  0 96,522 0
Actual Revenues (Over)/Under Expenditures  -285,781 0 0
TOTAL OPERATING BUDGET  31,528,579 32,860,872 33,844,321
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 2,708 0 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 106,398 117,830 117,830
TOTAL REVENUES FROM STATE SOURCES  106,398 117,830 117,830
Revenues from Federal Sources:
Title I 20-4411-4416 90,078 63,371 63,371
I.D.E.A. Part B (Handicapped) 20-4420-4429 488,065 492,805 492,805
Other 20-4XXX 63,326 64,601 64,601
TOTAL REVENUES FROM FEDERAL SOURCES  641,469 620,777 620,777
TOTAL GRANTS AND ENTITLEMENTS  750,575 738,607 738,607
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 712,787 0
Transfers from Other Funds 40-5200 676,951 0 0
Revenues from Local Sources:
Local Tax Levy 40-1210 2,503,861 2,251,993 2,574,213
TOTAL REVENUES FROM LOCAL SOURCES  2,503,861 2,251,993 2,574,213
Revenues from State Sources:
Debt Service Aid Type II 40-3160 0 0 2,121,587
TOTAL LOCAL REPAYMENT OF DEBT  3,180,812 2,964,780 4,695,800
Actual Revenues (Over)/Under Expenditures  -675,124 0 0
TOTAL REPAYMENT OF DEBT  2,505,688 2,964,780 4,695,800
TOTAL REVENUES/SOURCES  34,784,842 36,564,259 39,278,728

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX11,736,91711,787,81812,166,449
Special Education 11-2XX-100-XXX2,008,3642,110,8852,158,931
Basic Skills/Remedial 11-230-100-XXX330,913256,084271,289
Bilingual Education 11-240-100-XXX224,398234,678240,037
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX105,964202,457212,849
School Sponsored Athletics 11-402-100-XXX898,384818,157810,943
Support Services:
Tuition 11-000-100-XXX1,255,6171,260,9061,168,456
Health Services 11-000-213-XXX401,466331,450334,458
Students - Related & Extraordinary 11-000-216,217583,208862,301913,494
Guidance 11-000-218-XXX557,501608,532743,328
Child Study Teams 11-000-219-XXX1,145,7161,091,5271,105,570
Improvement of Instructional Services 11-000-221-XXX57,454119,76750,625
Educational Media Services - School Library 11-000-222-XXX579,299574,082589,060
Instructional Staff Training Services 11-000-223-XXX86,28196,53333,312
General Administration 11-000-230-XXX1,004,9551,090,7931,054,811
School Administration 11-000-240-XXX1,268,3651,414,4891,374,402
Central Svcs & Admin Info Technology 11-000-25X-XXX615,234665,018680,874
Operation and Maintenance of Plant Services 11-000-26X-XXX2,688,7963,034,2473,466,268
Student Transportation Services 11-000-270-XXX991,658996,8381,044,194
Personal Services - Employee Benefits 11-XXX-XXX-2XX4,552,5324,879,5675,242,540
Total Support Services Expenditures 15,788,08217,026,05017,801,392
TOTAL GENERAL CURRENT EXPENSE 31,093,02232,436,12933,661,890
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X181,497268,11792,460
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931250,000156,62689,971
TOTAL CAPITAL EXPENDITURES 431,497424,743182,431
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X4,06000
OPERATING BUDGET GRAND TOTAL 31,528,57932,860,87233,844,321
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX2,70800
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX19,77320,62320,623
Nonpublic Auxiliary Services 20-XXX-XXX-XXX9093,9813,981
Nonpublic Handicapped Services 20-XXX-XXX-XXX40,56549,97949,979
Nonpublic Nursing Services 20-XXX-XXX-XXX27,02828,48728,487
Nonpublic Technology Initiative 20-XXX-XXX-XXX14,56014,76014,760
Other Special Projects 20-XXX-XXX-XXX3,56300
Total State Projects 106,398117,830117,830
Federal Projects:
Title I 20-XXX-XXX-XXX90,07863,37163,371
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX488,065492,805492,805
Other Special Projects 20-XXX-XXX-XXX63,32664,60164,601
Total Federal Projects 641,469620,777620,777
TOTAL GRANTS AND ENTITLEMENTS 750,575738,607738,607
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX2,505,6882,964,7804,695,800
TOTAL REPAYMENT OF DEBT 2,505,6882,964,7804,695,800
Total Expenditures 34,784,84236,564,25939,278,728

 

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 Budget658,554825,147644,190644,190
  Repayment of Debt37,663712,78700
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve306,62689,97189,9710
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve1,342,1371,589,387711,9870
      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 Cost12,52612,61113,12213,41413,711
Total Classroom Instruction7,4587,5427,5907,7747,928
Classroom-Salaries and Benefits7,2067,2897,2867,3577,625
Classroom-General Supplies and Textbooks224198232344210
Classroom-Purchased Services and Other2955727393
Total Support Services1,8191,7662,0131,9581,994
Support Services-Salaries and Benefits1,5541,5541,7841,7081,830
Total Administrative Costs1,4361,4741,5421,6341,579
Administration-Salaries and Benefits1,1551,1931,2411,3171,279
Total Operations and Maintenance of Plant1,3381,3091,4741,5091,677
Operations & Maintenance of Plant-Salary & Ben.737755810850858
Total Food Services Costs00000
Total Extracurricular Costs470514501533527
Total Equipment Costs457910211940
Employee Benefits as a % of Salaries21.521.521.222.823.5

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.

 

Shared Services
  • Educational Data Services - Madison uses Ed Data along with 270 other
  • districts to buy classroom, athletics, technology, paper and art supplies
  • Ed. Svcs. Comm. of Morris County - Madison uses the ESC for Child Study
  • Team, Speech/Language,OT/PT services. Also for transp. & nonpublic svcs.
  • Morris/Essex Insurance Group - Madison is a member of MEIG with 20 other
  • schools districts to reduce Workmans Comp. insurance and safety training.
  • School Alliance Insurance Fund - Madison is a member of SAIF along with
  • 170 other school districts to reduce prop./casualty,liab.& auto insurance
  • Morris County Cooperative Pricing Council - Madison belongs to (MCCPC) in
  • order to purchase work materials & supplies with other twnshps. & schools
  • Morris Union Jointure Commission - Madison belongs to MUJC in order to re
  • duce costs for spec. educ. tuition, transportation, and OT/PT services
  • Morris County Media Services Cntr. - Madison is a member and receives
  • curriclum materials and services including a digital video database.
  • Borough of Madison - The Madison Board of Education shares services with
  • the Town including purchase of gasoline, salt, engineering services,
  • recreation, and field maintenance. The school district and borough have
  • also funded and maintained a joint computer network that saves taxpayers
  • from fuplicative costs. Additionally, the school district and Madison
  • Public Library shared educational resources that benefit the entire
  • community and eliminate duplicative costs.
  • Madison Police Department and Neighboring Boroughs - The school district
  • pools resources with the police departments and municipal councils from
  • three neighboring boroughs to fund a juvenile counselling service for at-
  • risk youngsters.
  • Professional Development - Madison extends its professional development
  • opportunities to the Harding Township faculty and St. Vincent Martys.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy29,719,423 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)2,131,307,423 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.3944 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy32,293,636 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)2,131,307,423 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.5152 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy29,719,423 (G)
Estimated Equalized Valuation (as of 10/01/2007)3,669,134,554 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.8100 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy32,293,636 (J)
Estimated Equalized Valuation (as of 10/01/2007)3,669,134,554 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.8801 (L)