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User Friendly Budgets
2008

SOMERSET - WARREN TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time1,9141,8861,888
spacing
Pupils on Roll - Special Full-Time303303303
Private School Placements181616
spacing
Pupils Sent to Other Dists-Spec Ed Prog378
Pupils Received200

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 376,809 309,952
Withdraw from Cap Res-Excess Cost & Oth Cap Prj 10-309 0 0 425,000
Transfers from Other Funds 10-5200 12,064 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 31,010,603 32,524,788 33,825,780
Tuition 10-1300 80,081 85,000 78,000
Transportation Fees from Individuals 10-1410 0 0 30,000
Transportation Fees from Other LEAs 10-1420-1440 19,865 30,000 0
Interest Earned on Capital Reserve Funds 10-1XXX 6,145 2,000 2,000
Unrestricted Miscellaneous Revenues 10-1XXX 234,769 85,000 100,000
SUBTOTAL  31,351,463 32,726,788 34,035,780
Revenues from State Sources:
Transportation Aid 10-3120 540,712 540,712 0
Special Education Aid 10-3130 1,302,949 1,302,949 0
Bilingual Education 10-3140 2,444 2,444 0
Extraordinary Aid 10-3131 77,988 0 208,050
Consolidated Aid 10-3195 122,396 122,396 0
Additional Formula Aid 10-3196 59,055 123,163 0
Other State Aids 10-3XXX 129,960 109,365 0
Categorical Special Education Aid 10-3132 0 0 1,257,243
Categorical Security Aid 10-3177 0 0 165,080
Adjustment Aid 10-3178 0 0 61,510
Categorical Transportation Aid 10-3121 0 0 589,845
SUBTOTAL  2,235,504 2,201,029 2,281,728
Adjustment for Prior Year Encumbrances  0 1,263,164 0
Actual Revenues (Over)/Under Expenditures  -1,240,897 0 0
TOTAL OPERATING BUDGET  32,358,134 36,567,790 37,052,460
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 25,693 0 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 10,035 0 0
TOTAL REVENUES FROM STATE SOURCES  10,035 0 0
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 460,182 500,000 500,000
Other 20-4XXX 43,453 0 0
TOTAL REVENUES FROM FEDERAL SOURCES  503,635 500,000 500,000
TOTAL GRANTS AND ENTITLEMENTS  539,363 500,000 500,000
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 2 2
Revenues from Local Sources:
Local Tax Levy 40-1210 1,333,958 1,333,237 1,229,123
TOTAL REVENUES FROM LOCAL SOURCES  1,333,958 1,333,237 1,229,123
Revenues from State Sources:
Debt Service Aid Type II 40-3160 364,455 351,016 372,295
TOTAL LOCAL REPAYMENT OF DEBT  1,698,413 1,684,255 1,601,420
Actual Revenues (Over)/Under Expenditures  1,002 0 0
TOTAL REPAYMENT OF DEBT  1,699,415 1,684,255 1,601,420
TOTAL REVENUES/SOURCES  34,596,912 38,752,045 39,153,880

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX11,130,79811,754,23012,213,437
Special Education 11-2XX-100-XXX3,093,3693,289,2343,507,428
Basic Skills/Remedial 11-230-100-XXX799,330922,9391,002,847
Bilingual Education 11-240-100-XXX138,991148,181181,659
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX44,63288,77588,800
School Sponsored Athletics 11-402-100-XXX26,86128,38430,486
Support Services:
Tuition 11-000-100-XXX620,112876,767902,166
Attendance and Social Work Services 11-000-211-XXX1,4961,0001,000
Health Services 11-000-213-XXX337,722359,414376,512
Students - Related & Extraordinary 11-000-216,217699,287740,634775,127
Guidance 11-000-218-XXX604,266619,488637,721
Child Study Teams 11-000-219-XXX805,521874,276912,552
Improvement of Instructional Services 11-000-221-XXX207,138238,016240,561
Educational Media Services - School Library 11-000-222-XXX845,034945,8781,001,116
Instructional Staff Training Services 11-000-223-XXX91,736110,733122,558
General Administration 11-000-230-XXX641,616653,519635,512
School Administration 11-000-240-XXX1,151,5651,204,7871,232,746
Central Svcs & Admin Info Technology 11-000-25X-XXX353,840380,978410,464
Operation and Maintenance of Plant Services 11-000-26X-XXX2,682,6393,159,8133,283,851
Student Transportation Services 11-000-270-XXX1,576,0941,765,2441,813,508
Personal Services - Employee Benefits 11-XXX-XXX-2XX5,094,7265,720,4276,429,907
Total Support Services Expenditures 15,712,79217,650,97418,775,301
TOTAL GENERAL CURRENT EXPENSE 30,946,77333,882,71735,799,958
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-6040875,0000
Interest Earned on Capital Reserve 10-60402,0002,000
Equipment 12-XXX-XXX-73X497,797427,673287,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX778,7681,274,600420,000
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-93100425,000
TOTAL CAPITAL EXPENDITURES 1,276,5652,579,2731,134,000
SPECIAL SCHOOLS
Summer School:
Instruction 13-422-100-XXX118,79695,800107,574
Support Services 13-422-200-XXX16,00010,00010,928
Total Summer School 134,796105,800118,502
TOTAL SPECIAL SCHOOLS 134,796105,800118,502
OPERATING BUDGET GRAND TOTAL 32,358,13436,567,79037,052,460
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX25,69300
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX3,29300
Nonpublic Nursing Services 20-XXX-XXX-XXX4,38200
Nonpublic Technology Initiative 20-XXX-XXX-XXX2,36000
Total State Projects 10,03500
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX460,182500,000500,000
Other Special Projects 20-XXX-XXX-XXX43,45300
Total Federal Projects 503,635500,000500,000
TOTAL GRANTS AND ENTITLEMENTS 539,363500,000500,000
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX01,684,2551,601,420
Additional State School Building Aid-Ch.177 40-702-510-XXX1,699,41500
Total Additional State School Building Aid 1,699,41500
TOTAL REPAYMENT OF DEBT 1,699,4151,684,2551,601,420
Total Expenditures 34,596,91238,752,04539,153,880

 

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 Budget663,744740,929364,12054,168
  Repayment of Debt15,21214,21020
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve630,913345,1431,222,143799,143
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve384,301686,761686,761686,761
      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 Cost12,03212,90813,87314,27215,041
Total Classroom Instruction6,2928,3588,9059,1399,673
Classroom-Salaries and Benefits5,9207,9308,5178,7319,259
Classroom-General Supplies and Textbooks362398364384385
Classroom-Purchased Services and Other1030242530
Total Support Services1,4801,9542,1082,1682,283
Support Services-Salaries and Benefits1,3011,7441,8731,9202,018
Total Administrative Costs3,1061,1481,1931,2271,263
Administration-Salaries and Benefits2,8799379791,0031,054
Total Operations and Maintenance of Plant1,1091,3641,5571,6251,699
Operations & Maintenance of Plant-Salary & Ben.571808869891949
Total Food Services Costs00000
Total Extracurricular Costs5139646668
Total Equipment Costs10222462195131
Employee Benefits as a % of Salaries24.524.325.625.627.4

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.

 

Shared Services
  • The school district provides Information Technology Services to the
  • township. In return the township provides landscaping services. The
  • district purchases fuel from the township through via an interlocal
  • agreement.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy33,825,780 (A)
Estimated Net Taxable Valuation (as of 02/01/2007)4,465,230,158 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.7575 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy35,054,903 (D)
Estimated Net Taxable Valuation (as of 02/01/2007)4,465,230,158 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.7851 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy33,825,780 (G)
Estimated Equalized Valuation (as of 02/01/2008)4,485,141,180 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.7542 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy35,054,903 (J)
Estimated Equalized Valuation (as of 02/01/2008)4,485,141,180 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.7816 (L)