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User Friendly Budgets
2008

PASSAIC - LITTLE FALLS TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time765760769
spacing
Pupils on Roll - Special Full-Time119118116
Private School Placements223
spacing
Pupils Received542

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 797,564 649,741
Budgeted Fund Bal - Deposit to Capital Reserve 10-303 0 250,000 0
Withdrawal from Cap Res-for Local Share 10-307 0 71,733 0
Transfers from Other Funds 10-5200 275,386 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 9,812,794 10,064,639 10,383,528
Tuition 10-1300 276,405 200,022 103,990
Interest Earned on Capital Reserve Funds 10-1XXX 100 0 1,435
Unrestricted Miscellaneous Revenues 10-1XXX 100,081 35,000 90,000
SUBTOTAL  10,189,380 10,299,661 10,578,953
Revenues from State Sources:
Transportation Aid 10-3120 51,219 51,219 0
Special Education Aid 10-3130 508,978 508,978 0
Bilingual Education 10-3140 47,744 47,744 0
Extraordinary Aid 10-3131 3,764 0 898
Consolidated Aid 10-3195 98,090 98,090 0
Additional Formula Aid 10-3196 21,877 44,410 0
Other State Aids 10-3XXX 8,562 0 0
Categorical Special Education Aid 10-3132 0 0 462,585
Categorical Security Aid 10-3177 0 0 66,241
Adjustment Aid 10-3178 0 0 117,972
Categorical Transportation Aid 10-3121 0 0 145,039
SUBTOTAL  740,234 750,441 792,735
Adjustment for Prior Year Encumbrances  0 216,032 0
Actual Revenues (Over)/Under Expenditures  -849,057 0 0
TOTAL OPERATING BUDGET  10,355,943 12,385,431 12,021,429
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Instructional Supplement Aid 20-3214 23,187 23,187 0
Other Restricted Entitlements 20-32XX 5,000 0 0
TOTAL REVENUES FROM STATE SOURCES  28,187 23,187 0
Revenues from Federal Sources:
Title I 20-4411-4416 35,401 27,806 25,160
I.D.E.A. Part B (Handicapped) 20-4420-4429 170,659 178,866 152,036
Other 20-4XXX 35,368 136,894 131,360
TOTAL REVENUES FROM FEDERAL SOURCES  241,428 343,566 308,556
TOTAL GRANTS AND ENTITLEMENTS  269,615 366,753 308,556
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 231,198 230,910 230,398
TOTAL REVENUES FROM LOCAL SOURCES  231,198 230,910 230,398
TOTAL LOCAL REPAYMENT OF DEBT  231,198 230,910 230,398
TOTAL REPAYMENT OF DEBT  231,198 230,910 230,398
TOTAL REVENUES/SOURCES  10,856,756 12,983,094 12,560,383

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX3,217,4743,748,7723,749,520
Special Education 11-2XX-100-XXX1,256,6251,447,1181,524,190
Basic Skills/Remedial 11-230-100-XXX60,36887,73389,370
Bilingual Education 11-240-100-XXX78,19282,20083,960
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX38,09842,00050,000
Support Services:
Tuition 11-000-100-XXX61,906116,839165,961
Health Services 11-000-213-XXX213,035219,636219,035
Students - Related & Extraordinary 11-000-216,217328,875412,868380,850
Guidance 11-000-218-XXX84,42694,73391,955
Child Study Teams 11-000-219-XXX496,946553,702562,575
Improvement of Instructional Services 11-000-221-XXX1,1582,4431,500
Educational Media Services - School Library 11-000-222-XXX334,160348,155353,600
Instructional Staff Training Services 11-000-223-XXX10,38518,00023,000
General Administration 11-000-230-XXX364,450401,246377,600
School Administration 11-000-240-XXX385,889410,071443,095
Central Svcs & Admin Info Technology 11-000-25X-XXX229,140249,750225,570
Operation and Maintenance of Plant Services 11-000-26X-XXX974,4251,057,422990,235
Student Transportation Services 11-000-270-XXX369,700451,010404,478
Deposit to Current Expense Emergency Reserve 10-6070100,0000
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,389,8691,573,4071,848,500
Food Services 11-000-310-XXX18,00015,00018,000
Total Support Services Expenditures 5,262,3645,924,2826,105,954
TOTAL GENERAL CURRENT EXPENSE 9,913,12111,432,10511,602,994
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-6040250,0000
Interest Earned on Capital Reserve 10-604001,435
Equipment 12-XXX-XXX-73X56,49368,50521,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX382,268557,148391,000
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931071,7330
TOTAL CAPITAL EXPENDITURES 438,761947,386413,435
SPECIAL SCHOOLS
Evening School for the Foreign Born - Local:
Instruction 13-631-100-XXX3,9365,8154,875
Support Services 13-631-200-XXX125125125
Total Evening School for Foreign-Born - Local 4,0615,9405,000
TOTAL SPECIAL SCHOOLS 4,0615,9405,000
OPERATING BUDGET GRAND TOTAL 10,355,94312,385,43112,021,429
GRANTS AND ENTITLEMENTS
Instructional Supplement Aid:
Instruction 20-214-100-XXX23,18723,1870
TOTAL INSTRUCTIONAL SUPPLEMENT AID 23,18723,1870
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX5,00000
Total State Projects 28,18723,1870
Federal Projects:
Title I 20-XXX-XXX-XXX35,40127,80625,160
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX170,659178,866152,036
Other Special Projects 20-XXX-XXX-XXX35,368136,894131,360
Total Federal Projects 241,428343,566308,556
TOTAL GRANTS AND ENTITLEMENTS 269,615366,753308,556
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX231,198230,910230,398
TOTAL REPAYMENT OF DEBT 231,198230,910230,398
Total Expenditures 10,856,75612,983,09412,560,383

 

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 Budget215,471610,376460,376248,679
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve71,63371,733250,000251,435
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve800,7971,136,929439,3651,321
      Tuition Reserve0000
      Current Expense Emergency Reserve00100,000100,000
  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 Cost10,99510,78611,98512,28612,466
Total Classroom Instruction6,4966,2557,1237,2817,477
Classroom-Salaries and Benefits6,0445,8836,4986,5936,982
Classroom-General Supplies and Textbooks365294500583389
Classroom-Purchased Services and Other8678124104106
Total Support Services1,9851,9762,1782,2262,230
Support Services-Salaries and Benefits1,8651,8281,9892,0052,036
Total Administrative Costs1,3091,2641,3741,3801,396
Administration-Salaries and Benefits9649011,1019881,126
Total Operations and Maintenance of Plant1,1231,2101,2131,3131,257
Operations & Maintenance of Plant-Salary & Ben.590614618624731
Total Food Services Costs1620171720
Total Extracurricular Costs5952575870
Total Equipment Costs1964707824
Employee Benefits as a % of Salaries22.620.320.62123.4

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
Preschool grant50,000 tuition charge to parents
Total Unusual Revenues50,000 

 

Shared Services
  • The School District participates in the following Shared Services
  • 1. purchase gasoline through the township
  • 2. the township provides limited salting for the schools
  • 3. there is a satellite program offered for Food Service through PVHS
  • 4. there are services for transportatiion and advertising contracted
  • through the PCESC
  • 5. ed data for purchase of supplies
  • 6. ACES for electrical costs
  • 7. progams for tuition students are offered

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy10,383,528 (A)
Estimated Net Taxable Valuation (as of 12/01/2008)726,993,600 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.4283 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy10,613,926 (D)
Estimated Net Taxable Valuation (as of 12/01/2008)726,993,600 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.4600 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy10,383,528 (G)
Estimated Equalized Valuation (as of 12/28/1908)1,953,786,856 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.5315 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy10,613,926 (J)
Estimated Equalized Valuation (as of 12/28/1908)1,953,786,856 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.5432 (L)