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User Friendly Budgets
2008

SOMERSET - BEDMINSTER TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time520535539
spacing
Pupils on Roll - Special Full-Time626169
Private School Placements868
spacing
Pupils Sent to Other Districts-Reg Prog211207209
Pupils Sent to Other Dists-Spec Ed Prog342828
Pupils Received111

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 0 45,619
Withdrawal from Tuition Reserve-Excess over adj. 10-311 0 100,000 200,000
Revenues from Local Sources:
Local Tax Levy 10-1210 12,123,393 13,186,787 13,426,744
Tuition 10-1300 34,551 22,015 28,000
Interest Earned on Capital Reserve Funds 10-1XXX 5 5 5
Unrestricted Miscellaneous Revenues 10-1XXX 90,259 60,000 65,000
SUBTOTAL  12,248,208 13,268,807 13,519,749
Revenues from State Sources:
Transportation Aid 10-3120 152,303 152,303 0
Special Education Aid 10-3130 665,365 665,365 0
Bilingual Education 10-3140 39,568 39,568 0
Extraordinary Aid 10-3131 17,279 0 0
Consolidated Aid 10-3195 45,819 45,819 0
Additional Formula Aid 10-3196 27,092 54,996 0
Categorical Special Education Aid 10-3132 0 0 470,405
Categorical Security Aid 10-3177 0 0 62,583
Adjustment Aid 10-3178 0 0 118,677
Categorical Transportation Aid 10-3121 0 0 337,443
SUBTOTAL  947,426 958,051 989,108
Actual Revenues (Over)/Under Expenditures  171,854 0 0
TOTAL OPERATING BUDGET  13,367,488 14,326,858 14,754,476
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 9,036 0 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 36,825 42,527 36,149
TOTAL REVENUES FROM STATE SOURCES  36,825 42,527 36,149
Revenues from Federal Sources:
Title I 20-4411-4416 13,686 11,852 10,074
I.D.E.A. Part B (Handicapped) 20-4420-4429 183,717 197,903 168,218
Other 20-4XXX 18,636 23,074 19,613
TOTAL REVENUES FROM FEDERAL SOURCES  216,039 232,829 197,905
TOTAL GRANTS AND ENTITLEMENTS  261,900 275,356 234,054
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 29,878 11
Revenues from Local Sources:
Local Tax Levy 40-1210 1,271,713 1,241,822 1,269,827
TOTAL REVENUES FROM LOCAL SOURCES  1,271,713 1,241,822 1,269,827
TOTAL LOCAL REPAYMENT OF DEBT  1,271,713 1,271,700 1,269,838
Actual Revenues (Over)/Under Expenditures  -11 0 0
TOTAL REPAYMENT OF DEBT  1,271,702 1,271,700 1,269,838
TOTAL REVENUES/SOURCES  14,901,090 15,873,914 16,258,368

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX3,194,3453,278,8003,448,624
Special Education 11-2XX-100-XXX609,209697,175846,728
Basic Skills/Remedial 11-230-100-XXX94,28022,3500
Bilingual Education 11-240-100-XXX81,02983,43086,604
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX33,70143,01743,585
School Sponsored Athletics 11-402-100-XXX67,79667,90469,021
Support Services:
Tuition 11-000-100-XXX4,087,8824,954,8824,911,345
Health Services 11-000-213-XXX85,22182,50693,516
Students - Related & Extraordinary 11-000-216,21767,90180,368141,769
Guidance 11-000-218-XXX194,720194,180174,587
Child Study Teams 11-000-219-XXX321,571331,152343,861
Improvement of Instructional Services 11-000-221-XXX204,757223,416237,742
Educational Media Services - School Library 11-000-222-XXX118,607126,406132,786
Instructional Staff Training Services 11-000-223-XXX21,05425,00024,500
General Administration 11-000-230-XXX333,411345,303334,803
School Administration 11-000-240-XXX194,380196,038205,871
Central Svcs & Admin Info Technology 11-000-25X-XXX214,478228,824238,224
Operation and Maintenance of Plant Services 11-000-26X-XXX876,847977,462942,999
Student Transportation Services 11-000-270-XXX905,136894,512923,342
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,480,7011,349,1281,464,164
Total Support Services Expenditures 9,106,66610,009,17710,169,509
TOTAL GENERAL CURRENT EXPENSE 13,187,02614,201,85314,664,071
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604055
Equipment 12-XXX-XXX-73X65,346090,400
Facilities Acquisition and Construction Services 12-000-4XX-XXX115,116125,0000
TOTAL CAPITAL EXPENDITURES 180,462125,00590,405
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 13,367,48814,326,85814,754,476
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX9,03600
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX8,03612,57510,689
Nonpublic Auxiliary Services 20-XXX-XXX-XXX10,0623,5823,045
Nonpublic Nursing Services 20-XXX-XXX-XXX10,69217,37014,765
Nonpublic Technology Initiative 20-XXX-XXX-XXX5,7609,0007,650
Other Special Projects 20-XXX-XXX-XXX2,27500
Total State Projects 36,82542,52736,149
Federal Projects:
Title I 20-XXX-XXX-XXX13,68611,85210,074
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX183,717197,903168,218
Other Special Projects 20-XXX-XXX-XXX18,63623,07419,613
Total Federal Projects 216,039232,829197,905
TOTAL GRANTS AND ENTITLEMENTS 261,900275,356234,054
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX1,271,7021,271,7001,269,838
TOTAL REPAYMENT OF DEBT 1,271,7021,271,7001,269,838
Total Expenditures 14,901,09015,873,91416,258,368

 

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 Budget175,050285,079285,079239,460
  Repayment of Debt29,87829,889110
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve31,62531,63031,63531,640
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve196,89915,74115,74115,741
      Tuition Reserve300,000200,000100,000-100,000
      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 Cost13,20614,42613,93614,01414,522
Total Classroom Instruction7,9058,6678,2698,3058,758
Classroom-Salaries and Benefits7,3757,9747,5917,6268,052
Classroom-General Supplies and Textbooks208322313313350
Classroom-Purchased Services and Other322371365366357
Total Support Services1,8742,2232,1462,1512,288
Support Services-Salaries and Benefits1,7122,1001,9161,9252,067
Total Administrative Costs1,5181,5941,4971,5331,531
Administration-Salaries and Benefits1,2891,3781,2511,2621,298
Total Operations and Maintenance of Plant1,6251,6841,7721,7711,690
Operations & Maintenance of Plant-Salary & Ben.647674685688724
Total Food Services Costs00000
Total Extracurricular Costs247212214215214
Total Equipment Costs3311500149
Employee Benefits as a % of Salaries23.126.323.223.623.9

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
  • - Natural Gas Consortium: Middlesex County Educational Serv Commission
  • - Electricity Consortium: ACES Program
  • - Telecommunications Consortium: ACT Program
  • - Copy Paper: Pittsgrove Board of Education
  • - Shared Services with Township
  • 1) Snow removal
  • 2) Mowing
  • 3) Painting (interior)
  • 4) Athletic field (2 fields) maintenance

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy13,426,744 (A)
Estimated Net Taxable Valuation (as of 01/01/2008)2,665,189,213 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.5038 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy14,696,571 (D)
Estimated Net Taxable Valuation (as of 01/01/2008)2,665,189,213 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.5514 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy13,426,744 (G)
Estimated Equalized Valuation (as of 10/01/2007)2,720,607,723 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.4935 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy14,696,571 (J)
Estimated Equalized Valuation (as of 10/01/2007)2,720,607,723 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.5402 (L)