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User Friendly Budgets
2008

SOMERSET - ROCKY HILL

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Private School Placements222
spacing
Pupils Sent to Contracted Preschool Prog001
Pupils Sent to Other Districts-Reg Prog708182
Pupils Sent to Other Dists-Spec Ed Prog131515

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 0 7,878
Revenues from Local Sources:
Local Tax Levy 10-1210 929,009 1,124,742 1,355,823
Unrestricted Miscellaneous Revenues 10-1XXX 9,863 4,000 8,000
SUBTOTAL  938,872 1,128,742 1,363,823
Revenues from State Sources:
Transportation Aid 10-3120 11,592 11,592 0
Special Education Aid 10-3130 59,966 59,966 0
Consolidated Aid 10-3195 2,557 2,557 0
Additional Formula Aid 10-3196 2,223 4,513 0
Other State Aids 10-3XXX 588 0 0
Categorical Special Education Aid 10-3132 0 0 37,822
Categorical Security Aid 10-3177 0 0 7,388
Categorical Transportation Aid 10-3121 0 0 49,143
SUBTOTAL  76,926 78,628 94,353
Actual Revenues (Over)/Under Expenditures  73,888 0 0
TOTAL OPERATING BUDGET  1,089,686 1,207,370 1,466,054
TOTAL REVENUES/SOURCES  1,089,686 1,207,370 1,466,054

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Support Services:
Tuition 11-000-100-XXX947,6221,050,4701,294,954
General Administration 11-000-230-XXX4,3107,4008,600
Central Svcs & Admin Info Technology 11-000-25X-XXX18,78821,50022,100
Operation and Maintenance of Plant Services 11-000-26X-XXX4,1544,6004,600
Student Transportation Services 11-000-270-XXX113,254121,600134,000
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,5581,8001,800
Total Support Services Expenditures 1,089,6861,207,3701,466,054
TOTAL GENERAL CURRENT EXPENSE 1,089,6861,207,3701,466,054
CAPITAL EXPENDITURES
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 1,089,6861,207,3701,466,054
GRANTS AND ENTITLEMENTS
REPAYMENT OF DEBT
Total Expenditures 1,089,6861,207,3701,466,054

 

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 Budget116,01377,71377,71369,835
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve0000
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve24,064000
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Reserved for Repayment of Debt0000

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,355,823 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)62,303,496 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1002.1762 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,355,823 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)62,303,496 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1002.1762 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,355,823 (G)
Estimated Equalized Valuation (as of 10/01/2007)134,752,765 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1001.0062 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,355,823 (J)
Estimated Equalized Valuation (as of 10/01/2007)134,752,765 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.0062 (L)