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User Friendly Budgets
2008

SOMERSET - WATCHUNG BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time612611623
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Pupils on Roll - Special Full-Time707576
Private School Placements433
spacing
Pupils Sent to Other Dists-Spec Ed Prog234

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 587,032 673,115
Transfers from Other Funds 10-5200 16,568 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 8,548,938 8,907,646 9,263,952
Tuition 10-1300 6,450 0 0
Interest Earned on Capital Reserve Funds 10-1XXX 31,876 1,000 1,000
Unrestricted Miscellaneous Revenues 10-1XXX 189,746 1,000 51,800
SUBTOTAL  8,777,010 8,909,646 9,316,752
Revenues from State Sources:
Transportation Aid 10-3120 172,065 172,065 0
Special Education Aid 10-3130 317,353 317,353 0
Stabilization Aid 10-3171 21,828 21,828 0
Extraordinary Aid 10-3131 51,197 0 0
Consolidated Aid 10-3195 35,268 35,268 0
Additional Formula Aid 10-3196 16,395 34,735 0
Other State Aids 10-3XXX 58,015 48,433 0
Categorical Special Education Aid 10-3132 0 0 399,646
Categorical Security Aid 10-3177 0 0 52,449
Categorical Transportation Aid 10-3121 0 0 213,730
SUBTOTAL  672,121 629,682 665,825
Adjustment for Prior Year Encumbrances  0 265,080 0
Actual Revenues (Over)/Under Expenditures  -490,190 0 0
TOTAL OPERATING BUDGET  8,975,509 10,391,440 10,655,692
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 37,906 0 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 4,300 0 0
TOTAL REVENUES FROM STATE SOURCES  4,300 0 0
Revenues from Federal Sources:
Title VI 20-4417-4418 0 3,042 3,042
I.D.E.A. Part B (Handicapped) 20-4420-4429 158,618 72,814 72,814
Other 20-4XXX 23,093 19,582 19,582
TOTAL REVENUES FROM FEDERAL SOURCES  181,711 95,438 95,438
TOTAL GRANTS AND ENTITLEMENTS  223,917 95,438 95,438
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 0 1
Revenues from Local Sources:
Local Tax Levy 40-1210 1,492,949 1,553,357 1,620,012
TOTAL REVENUES FROM LOCAL SOURCES  1,492,949 1,553,357 1,620,012
TOTAL LOCAL REPAYMENT OF DEBT  1,492,949 1,553,357 1,620,013
TOTAL REPAYMENT OF DEBT  1,492,949 1,553,357 1,620,013
TOTAL REVENUES/SOURCES  10,692,375 12,040,235 12,371,143

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX3,003,6693,231,0893,312,796
Special Education 11-2XX-100-XXX438,135484,243519,278
Basic Skills/Remedial 11-230-100-XXX118,369170,725166,857
Bilingual Education 11-240-100-XXX16,42416,63416,838
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX52,37043,70046,100
School Sponsored Athletics 11-402-100-XXX33,27030,19036,000
Community Services Programs/Operations 11-800-330-XXX3,5005,7505,750
Support Services:
Tuition 11-000-100-XXX332,413437,663409,671
Health Services 11-000-213-XXX97,646122,299113,649
Students - Related & Extraordinary 11-000-216,217382,472423,362443,172
Guidance 11-000-218-XXX137,779144,715157,690
Child Study Teams 11-000-219-XXX239,843262,182273,325
Improvement of Instructional Services 11-000-221-XXX76,776114,582119,721
Educational Media Services - School Library 11-000-222-XXX220,046244,316258,549
Instructional Staff Training Services 11-000-223-XXX14,99622,45020,850
General Administration 11-000-230-XXX304,301403,650385,552
School Administration 11-000-240-XXX316,673365,754343,143
Central Svcs & Admin Info Technology 11-000-25X-XXX181,489208,963201,519
Operation and Maintenance of Plant Services 11-000-26X-XXX972,2681,278,1561,228,106
Student Transportation Services 11-000-270-XXX569,345677,175646,397
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,398,8251,642,9421,946,489
Total Support Services Expenditures 5,244,8726,348,2096,547,833
TOTAL GENERAL CURRENT EXPENSE 8,910,60910,330,54010,651,452
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-60401,0001,000
Equipment 12-XXX-XXX-73X64,90059,9003,240
TOTAL CAPITAL EXPENDITURES 64,90060,9004,240
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 8,975,50910,391,44010,655,692
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX37,90600
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX4,30000
Total State Projects 4,30000
Federal Projects:
Title VI 20-XXX-XXX-XXX03,0423,042
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX158,61872,81472,814
Other Special Projects 20-XXX-XXX-XXX23,09319,58219,582
Total Federal Projects 181,71195,43895,438
TOTAL GRANTS AND ENTITLEMENTS 223,91795,43895,438
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX1,492,9491,553,3571,620,013
TOTAL REPAYMENT OF DEBT 1,492,9491,553,3571,620,013
Total Expenditures 10,692,37512,040,23512,371,143

 

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 Budget361,409306,519306,519250,000
  Repayment of Debt1110
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve619,721669,387670,387671,387
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve872,8311,203,628616,5960
      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 Cost10,77811,89112,86513,43413,727
Total Classroom Instruction5,9096,5336,8937,0817,386
Classroom-Salaries and Benefits5,4945,8806,2606,3316,802
Classroom-General Supplies and Textbooks340566538646492
Classroom-Purchased Services and Other75879410493
Total Support Services1,9892,1132,3192,3882,512
Support Services-Salaries and Benefits1,5751,8121,9732,0172,189
Total Administrative Costs1,2951,4521,5301,7151,653
Administration-Salaries and Benefits9621,2511,2551,3121,335
Total Operations and Maintenance of Plant1,4381,6101,9402,0641,992
Operations & Maintenance of Plant-Salary & Ben.725799904914973
Total Food Services Costs00000
Total Extracurricular Costs121154130132148
Total Equipment Costs16960875
Employee Benefits as a % of Salaries25.426.328.828.231.8

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
  • Transportation - triple tier regular education bus routes with WHRHS
  • Transportation - Special Education routes shared with Warren BOE
  • Transportation - Special Education routes coordinated through SCESC
  • Transportation - Special Education routes coordinated throught Sussex Cty
  • Gas and Electric - shared services through ACES consortium
  • Telephone - X-Tel Telephone Consortium
  • Vehicle Maintenance - shared through SCESC and MUJC
  • Student Programs - advance courses provided by WHRHS
  • Special Education Placements - shared services with Long Hill and Warren
  • Insurance - shared service through Joint Insurance Fund (Diploma)
  • Snow removal/Field Maint/Rec Facilities-shared with Borough Watchung
  • CPR training/Equipment Purchases/Tree Removal/Gasoline/Fuel - purchased
  • through Watchung Borough

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy9,263,952 (A)
Estimated Net Taxable Valuation (as of 01/01/2008)1,846,347,584 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.5017 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy10,883,964 (D)
Estimated Net Taxable Valuation (as of 01/01/2008)1,846,347,584 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.5895 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy9,263,952 (G)
Estimated Equalized Valuation (as of 10/01/2007)1,936,090,680 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.4785 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy10,883,964 (J)
Estimated Equalized Valuation (as of 10/01/2007)1,936,090,680 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.5622 (L)