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User Friendly Budgets
2008

MORRIS - MOUNT OLIVE TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time4,2704,1504,244
Pupils on Roll Regular Shared-Time131013
spacing
Pupils on Roll - Special Full-Time705752769
Pupils on Roll - Special Shared-Time1142
Private School Placements364449
spacing
Pupils Sent to Other Dists-Spec Ed Prog101512
Pupils Received554
Pupils in State Facilities122

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 1,488,761 1,416,285
Transfers from Other Funds 10-5200 42,000 42,000 42,000
Revenues from Local Sources:
Local Tax Levy 10-1210 49,278,445 52,201,822 53,189,857
Tuition 10-1300 126,618 66,486 87,716
Transportation Fees from Other LEAs 10-1420-1440 93,601 46,206 31,400
Interest Earned on Capital Reserve Funds 10-1XXX 503 200 200
Unrestricted Miscellaneous Revenues 10-1XXX 462,726 445,000 326,205
SUBTOTAL  49,961,893 52,759,714 53,635,378
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 8,054,305 8,054,305 0
Transportation Aid 10-3120 1,451,521 1,451,521 0
Special Education Aid 10-3130 3,391,241 3,391,241 0
Bilingual Education 10-3140 150,348 150,348 0
Stabilization Aid 10-3171 545,746 545,746 0
Extraordinary Aid 10-3131 230,141 0 491,102
Consolidated Aid 10-3195 524,462 524,462 0
Additional Formula Aid 10-3196 423,529 867,778 0
Other State Aids 10-3XXX 291,051 267,164 0
Categorical Special Education Aid 10-3132 0 0 2,766,950
Equalization Aid 10-3176 0 0 11,906,074
Categorical Security Aid 10-3177 0 0 406,200
Categorical Transportation Aid 10-3121 0 0 1,448,545
SUBTOTAL  15,062,344 15,252,565 17,018,871
Adjustment for Prior Year Encumbrances  0 154,762 0
Actual Revenues (Over)/Under Expenditures  552,781 0 0
TOTAL OPERATING BUDGET  65,619,018 69,697,802 72,112,534
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 0 8,107 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 11,001 3,036 0
TOTAL REVENUES FROM STATE SOURCES  11,001 3,036 0
Revenues from Federal Sources:
Title I 20-4411-4416 132,669 149,101 123,947
I.D.E.A. Part B (Handicapped) 20-4420-4429 943,543 1,274,581 860,835
Vocational Education 20-4430 16,927 13,874 12,487
Other 20-4XXX 153,692 153,739 128,825
TOTAL REVENUES FROM FEDERAL SOURCES  1,246,831 1,591,295 1,126,094
TOTAL GRANTS AND ENTITLEMENTS  1,257,832 1,602,438 1,126,094
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 141,869 0
Transfers from Other Funds 40-5200 151,441 0 0
Revenues from Local Sources:
Local Tax Levy 40-1210 4,239,536 2,884,116 5,296,337
Miscellaneous 40-1XXX 1,781,700 862,825 0
TOTAL REVENUES FROM LOCAL SOURCES  6,021,236 3,746,941 5,296,337
Revenues from State Sources:
Debt Service Aid Type II 40-3160 604,471 484,791 678,683
TOTAL LOCAL REPAYMENT OF DEBT  6,777,148 4,373,601 5,975,020
Actual Revenues (Over)/Under Expenditures  -111,275 0 0
TOTAL REPAYMENT OF DEBT  6,665,873 4,373,601 5,975,020
TOTAL REVENUES/SOURCES  73,542,723 75,673,841 79,213,648

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX19,452,16820,214,89820,502,532
Special Education 11-2XX-100-XXX4,914,6495,275,3074,839,094
Basic Skills/Remedial 11-230-100-XXX465,282456,055474,745
Bilingual Education 11-240-100-XXX341,815349,919331,191
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX224,186244,849221,995
School Sponsored Athletics 11-402-100-XXX675,955732,680640,073
Community Services Programs/Operations 11-800-330-XXX134,694176,9700
Support Services:
Tuition 11-000-100-XXX2,342,7542,497,8553,134,603
Health Services 11-000-213-XXX662,271691,113691,255
Students - Related & Extraordinary 11-000-216,2172,438,1702,961,1663,031,322
Guidance 11-000-218-XXX1,212,6811,297,3911,204,637
Child Study Teams 11-000-219-XXX1,055,9511,161,8851,276,641
Improvement of Instructional Services 11-000-221-XXX1,097,6091,021,4201,013,876
Educational Media Services - School Library 11-000-222-XXX542,820525,570475,927
Instructional Staff Training Services 11-000-223-XXX40,63343,18538,000
General Administration 11-000-230-XXX1,203,8961,213,5851,241,374
School Administration 11-000-240-XXX3,191,4953,384,4083,344,826
Central Svcs & Admin Info Technology 11-000-25X-XXX1,075,9991,177,7151,224,201
Operation and Maintenance of Plant Services 11-000-26X-XXX7,194,8677,298,1337,831,018
Student Transportation Services 11-000-270-XXX4,356,9024,610,3095,156,571
Personal Services - Employee Benefits 11-XXX-XXX-2XX12,461,34814,106,86615,367,991
Food Services 11-000-310-XXX41,00000
Total Support Services Expenditures 38,918,39641,990,60145,032,242
TOTAL GENERAL CURRENT EXPENSE 65,127,14569,441,27972,041,872
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-6040200200
Equipment 12-XXX-XXX-73X93,827188,26721,775
Facilities Acquisition and Construction Services 12-000-4XX-XXX350,69819,3800
TOTAL CAPITAL EXPENDITURES 444,525207,84721,975
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X47,34848,67648,687
OPERATING BUDGET GRAND TOTAL 65,619,01869,697,80272,112,534
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX08,1070
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX11,0013,0360
Total State Projects 11,0013,0360
Federal Projects:
Title I 20-XXX-XXX-XXX132,669149,101123,947
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX943,5431,274,581860,835
Vocational Education 20-XXX-XXX-XXX16,92713,87412,487
Other Special Projects 20-XXX-XXX-XXX153,692153,739128,825
Total Federal Projects 1,246,8311,591,2951,126,094
TOTAL GRANTS AND ENTITLEMENTS 1,257,8321,602,4381,126,094
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX6,665,8734,373,6015,975,020
TOTAL REPAYMENT OF DEBT 6,665,8734,373,6015,975,020
Total Expenditures 73,542,72375,673,84179,213,648

 

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 Budget3,857,1123,055,1692,304,8671,158,861
  Repayment of Debt50,923162,19800
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve14,33315,03615,23615,436
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve103,715373,994270,2790
      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 Cost11,32311,81012,31612,75212,752
Total Classroom Instruction6,3586,5616,8597,0637,018
Classroom-Salaries and Benefits6,1466,3496,6236,8316,795
Classroom-General Supplies and Textbooks165159175172166
Classroom-Purchased Services and Other4753616056
Total Support Services1,6711,7891,9022,0011,996
Support Services-Salaries and Benefits1,4591,5701,6521,7311,712
Total Administrative Costs1,3281,3531,3961,4671,467
Administration-Salaries and Benefits1,0731,0691,1091,1611,160
Total Operations and Maintenance of Plant1,5251,6511,6781,7201,823
Operations & Maintenance of Plant-Salary & Ben.832859911930984
Total Food Services Costs218000
Total Extracurricular Costs210219228242211
Total Equipment Costs311921384
Employee Benefits as a % of Salaries28.630.733.133.236.2

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
  • Share garbage/recycling services with municipality.
  • Share field services with municipality.
  • Share custodial services with municipality recreation department.
  • Share maintenance equipment services with municipality.
  • Share salt/snow removal/plowing services with municipality.
  • Share school resource officers with municipality.
  • Share facilities with town recreation department.
  • Share purchasing consortium services with Morris County Consortium.
  • Share transportation services with ESC, Sussex County Coop, other LEA's.
  • Share pooled insurance group services with other BOE's through SAIF.
  • Share utility services through ACES.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy53,189,857 (A)
Estimated Net Taxable Valuation (as of 01/01/2008)3,673,163,443 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.4481 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy58,486,194 (D)
Estimated Net Taxable Valuation (as of 01/01/2008)3,673,163,443 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.5923 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy53,189,857 (G)
Estimated Equalized Valuation (as of 01/01/2008)3,673,163,443 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1001.4481 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy58,486,194 (J)
Estimated Equalized Valuation (as of 01/01/2008)3,673,163,443 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.5923 (L)