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User Friendly Budgets
2008

PASSAIC - TOTOWA BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time906875884
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Pupils on Roll - Special Full-Time102110124
Private School Placements12812
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Pupils Sent to Other Dists-Spec Ed Prog332

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 1,953,801 990,552
Transfers from Other Funds 10-5200 62,938 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 10,863,652 11,055,151 11,447,357
Tuition 10-1300 55,203 67,500 0
Interest Earned on Capital Reserve Funds 10-1XXX 3,801 300 0
Other Restricted Miscellaneous Revenues 10-1XXX 214,780 0 1,000
Unrestricted Miscellaneous Revenues 10-1XXX 8,891 155,000 145,000
SUBTOTAL  11,146,327 11,277,951 11,593,357
Revenues from State Sources:
Special Education Aid 10-3130 572,259 572,259 0
Extraordinary Aid 10-3131 48,291 0 75,724
Consolidated Aid 10-3195 105,441 105,441 0
Additional Formula Aid 10-3196 20,331 41,272 0
Other State Aids 10-3XXX 5,220 0 0
Categorical Special Education Aid 10-3132 0 0 539,328
Categorical Security Aid 10-3177 0 0 80,765
Adjustment Aid 10-3178 0 0 44,755
Categorical Transportation Aid 10-3121 0 0 63,159
SUBTOTAL  751,542 718,972 803,731
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 894 0 0
SUBTOTAL  894 0 0
Adjustment for Prior Year Encumbrances  0 25,825 0
Actual Revenues (Over)/Under Expenditures  614,561 0 0
TOTAL OPERATING BUDGET  12,576,262 13,976,549 13,387,640
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 15,000 0 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 112,334 57,877 139,055
TOTAL REVENUES FROM STATE SOURCES  112,334 57,877 139,055
Revenues from Federal Sources:
Title I 20-4411-4416 33,034 24,427 20,500
I.D.E.A. Part B (Handicapped) 20-4420-4429 209,320 188,937 215,790
Other 20-4XXX 19,984 19,618 22,000
TOTAL REVENUES FROM FEDERAL SOURCES  262,338 232,982 258,290
TOTAL GRANTS AND ENTITLEMENTS  389,672 290,859 397,345
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 781,018 787,194 797,538
TOTAL REVENUES FROM LOCAL SOURCES  781,018 787,194 797,538
TOTAL LOCAL REPAYMENT OF DEBT  781,018 787,194 797,538
Actual Revenues (Over)/Under Expenditures  10,213 0 0
TOTAL REPAYMENT OF DEBT  791,231 787,194 797,538
TOTAL REVENUES/SOURCES  13,757,165 15,054,602 14,582,523

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX4,232,0215,043,9775,143,547
Special Education 11-2XX-100-XXX630,167780,020455,440
Basic Skills/Remedial 11-230-100-XXX241,775517,390345,780
Bilingual Education 11-240-100-XXX70,50072,50074,700
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX23,18720,00026,000
Other Instructional Programs 11-4XX-100-XXX2,40000
Support Services:
Tuition 11-000-100-XXX732,5921,018,657886,774
Health Services 11-000-213-XXX117,199107,980113,550
Students - Related & Extraordinary 11-000-216,217294,193369,800397,050
Guidance 11-000-218-XXX64,21786,750168,505
Child Study Teams 11-000-219-XXX295,034373,848239,908
Improvement of Instructional Services 11-000-221-XXX152,893161,958169,448
Educational Media Services - School Library 11-000-222-XXX88,863103,390177,390
Instructional Staff Training Services 11-000-223-XXX4,14911,0009,000
General Administration 11-000-230-XXX408,737548,688537,365
School Administration 11-000-240-XXX394,579424,288444,927
Central Svcs & Admin Info Technology 11-000-25X-XXX230,767245,029261,479
Operation and Maintenance of Plant Services 11-000-26X-XXX1,003,1661,179,9741,224,777
Student Transportation Services 11-000-270-XXX555,811631,000630,000
Other Support Services 11-000-290-XXX145,50800
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,848,3392,255,0002,062,000
Total Support Services Expenditures 6,336,0477,517,3627,322,173
TOTAL GENERAL CURRENT EXPENSE 11,536,09713,951,24913,367,640
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-60403000
Equipment 12-XXX-XXX-73X80,69125,00020,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX933,95900
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-93125,51500
TOTAL CAPITAL EXPENDITURES 1,040,16525,30020,000
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 12,576,26213,976,54913,387,640
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX15,00000
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX13,42710,16610,284
Nonpublic Auxiliary Services 20-XXX-XXX-XXX42,08600
Nonpublic Handicapped Services 20-XXX-XXX-XXX31,07800
Nonpublic Nursing Services 20-XXX-XXX-XXX14,39512,02914,205
Nonpublic Technology Initiative 20-XXX-XXX-XXX9,4896,4807,360
Other Special Projects 20-XXX-XXX-XXX1,85929,202107,206
Total State Projects 112,33457,877139,055
Federal Projects:
Title I 20-XXX-XXX-XXX33,03424,42720,500
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX209,320188,937215,790
Other Special Projects 20-XXX-XXX-XXX19,98419,61822,000
Total Federal Projects 262,338232,982258,290
TOTAL GRANTS AND ENTITLEMENTS 389,672290,859397,345
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX791,231787,194797,538
TOTAL REPAYMENT OF DEBT 791,231787,194797,538
Total Expenditures 13,757,16515,054,60214,582,523

 

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 Budget334,038282,176256,745256,745
  Repayment of Debt10,213000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve11,29512,07012,37012,370
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve3,434,6342,918,922990,5520
      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 Cost9,84210,18611,36612,48911,757
Total Classroom Instruction6,0886,3407,3698,0677,335
Classroom-Salaries and Benefits5,6405,9776,9277,5576,866
Classroom-General Supplies and Textbooks262197245295280
Classroom-Purchased Services and Other185165196215189
Total Support Services1,4541,2501,3931,5221,559
Support Services-Salaries and Benefits1,3721,1981,2841,4031,483
Total Administrative Costs1,3341,4031,2871,4581,452
Administration-Salaries and Benefits1,1201,1569841,0751,099
Total Operations and Maintenance of Plant9411,1261,2411,3581,372
Operations & Maintenance of Plant-Salary & Ben.585645713779789
Total Food Services Costs00000
Total Extracurricular Costs1726212229
Total Equipment Costs880232520
Employee Benefits as a % of Salaries24.52526.425.924.8

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
  • The Totowa Board of Education shares special education transportation
  • services with the Passaic County Educational Services Commision. The
  • school district also share services with Essex County Educational
  • Services Commison for the non public preschool handicapped and non public
  • instructional services.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy11,447,357 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)1,173,139,182 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.9758 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy12,244,895 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)1,173,139,182 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.0438 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy11,447,357 (G)
Estimated Equalized Valuation (as of 10/01/2007)2,322,112,624 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.4930 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy12,244,895 (J)
Estimated Equalized Valuation (as of 10/01/2007)2,322,112,624 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.5273 (L)