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User Friendly Budgets
2008

WARREN - GREAT MEADOWS REGIONAL

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time912878880
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Pupils on Roll - Special Full-Time1068889
Private School Placements121311
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Pupils Sent to Other Districts-Reg Prog378384384
Pupils Sent to Other Dists-Spec Ed Prog658181

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 331,100 467,358
Revenues from Local Sources:
Local Tax Levy 10-1210 10,893,399 11,512,278 11,514,907
Interest Earned on Capital Reserve Funds 10-1XXX 11,411 12,000 13,000
Unrestricted Miscellaneous Revenues 10-1XXX 124,125 36,600 98,000
SUBTOTAL  11,028,935 11,560,878 11,625,907
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 3,271,549 3,271,549 0
Transportation Aid 10-3120 695,211 695,211 0
Special Education Aid 10-3130 638,779 638,779 0
Bilingual Education 10-3140 16,316 16,316 0
Stabilization Aid 10-3171 1,133,951 1,133,951 0
Extraordinary Aid 10-3131 19,771 10,142 23,343
Consolidated Aid 10-3195 165,019 165,019 0
Additional Formula Aid 10-3196 177,625 360,579 0
Other State Aids 10-3XXX 8,025 1,189 0
Categorical Special Education Aid 10-3132 0 0 702,964
Equalization Aid 10-3176 0 0 4,631,923
Categorical Security Aid 10-3177 0 0 97,086
Adjustment Aid 10-3178 0 0 367,656
Categorical Transportation Aid 10-3121 0 0 610,946
SUBTOTAL  6,126,246 6,292,735 6,433,918
Adjustment for Prior Year Encumbrances  0 244,129 0
Actual Revenues (Over)/Under Expenditures  -440,938 0 0
TOTAL OPERATING BUDGET  16,714,243 18,428,842 18,527,183
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 16,987 5,199 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 2,643 3,757 0
TOTAL REVENUES FROM STATE SOURCES  2,643 3,757 0
Revenues from Federal Sources:
Title I 20-4411-4416 37,105 37,984 24,994
I.D.E.A. Part B (Handicapped) 20-4420-4429 270,687 381,643 231,649
Other 20-4XXX 37,723 31,837 24,902
TOTAL REVENUES FROM FEDERAL SOURCES  345,515 451,464 281,545
TOTAL GRANTS AND ENTITLEMENTS  365,145 460,420 281,545
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 536,217 520,541 400,284
TOTAL REVENUES FROM LOCAL SOURCES  536,217 520,541 400,284
Revenues from State Sources:
Debt Service Aid Type II 40-3160 230,432 223,695 172,016
TOTAL LOCAL REPAYMENT OF DEBT  766,649 744,236 572,300
TOTAL REPAYMENT OF DEBT  766,649 744,236 572,300
TOTAL REVENUES/SOURCES  17,846,037 19,633,498 19,381,028

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX4,216,6724,587,0024,685,542
Special Education 11-2XX-100-XXX617,157540,711562,495
Basic Skills/Remedial 11-230-100-XXX185,862144,849173,712
Support Services:
Tuition 11-000-100-XXX5,452,2256,114,2446,254,190
Health Services 11-000-213-XXX222,770225,990235,770
Students - Related & Extraordinary 11-000-216,217230,996257,424209,994
Guidance 11-000-218-XXX141,517152,709149,847
Child Study Teams 11-000-219-XXX227,399242,382255,171
Improvement of Instructional Services 11-000-221-XXX108,78199,75990,234
Educational Media Services - School Library 11-000-222-XXX190,507196,871187,768
Instructional Staff Training Services 11-000-223-XXX14,64417,49410,139
General Administration 11-000-230-XXX370,947380,852327,074
School Administration 11-000-240-XXX376,794410,969413,943
Central Svcs & Admin Info Technology 11-000-25X-XXX176,806196,861191,888
Operation and Maintenance of Plant Services 11-000-26X-XXX878,278978,4971,083,950
Student Transportation Services 11-000-270-XXX1,021,7061,029,3721,139,954
Personal Services - Employee Benefits 11-XXX-XXX-2XX2,052,2692,387,0842,281,840
Total Support Services Expenditures 11,465,63912,690,50812,831,762
TOTAL GENERAL CURRENT EXPENSE 16,485,33017,963,07018,253,511
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604012,00013,000
Equipment 12-XXX-XXX-73X5,50094,83123,267
Facilities Acquisition and Construction Services 12-000-4XX-XXX143,565271,670141,302
TOTAL CAPITAL EXPENDITURES 149,065378,501177,569
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X79,84887,27196,103
OPERATING BUDGET GRAND TOTAL 16,714,24318,428,84218,527,183
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX16,9875,1990
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX2,6433,7570
Total State Projects 2,6433,7570
Federal Projects:
Title I 20-XXX-XXX-XXX37,10537,98424,994
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX270,687381,643231,649
Other Special Projects 20-XXX-XXX-XXX37,72331,83724,902
Total Federal Projects 345,515451,464281,545
TOTAL GRANTS AND ENTITLEMENTS 365,145460,420281,545
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX766,649744,236572,300
TOTAL REPAYMENT OF DEBT 766,649744,236572,300
Total Expenditures 17,846,03719,633,49819,381,028

 

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 Budget626,559514,877244,056244,056
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve228,462239,873251,873264,873
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve170,279527,637467,3580
      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 Cost9,6959,95310,55711,24911,324
Total Classroom Instruction6,2886,3886,7987,2327,294
Classroom-Salaries and Benefits6,0006,1106,4856,8966,973
Classroom-General Supplies and Textbooks235227244257243
Classroom-Purchased Services and Other5352707977
Total Support Services1,3691,4231,4691,5811,502
Support Services-Salaries and Benefits1,2111,2831,3001,3391,334
Total Administrative Costs1,0501,1201,1441,2261,217
Administration-Salaries and Benefits9119009801,0421,040
Total Operations and Maintenance of Plant9801,0151,1381,2021,302
Operations & Maintenance of Plant-Salary & Ben.577621674717731
Total Food Services Costs10000
Total Extracurricular Costs00000
Total Equipment Costs306939924
Employee Benefits as a % of Salaries29.129.633.333.130.8

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
  • Participation in the Hunterdon County ESC Purchasing Cooperative for supp
  • lies. Participation in the Sussex County Cooperative and Warren County
  • Special Services School District for Special Education Transportation.

 

Estimated Tax Rate Information
INDEPENDENCE TOWNSHIP
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy7,149,935 (A)
Estimated Net Taxable Valuation (as of 03/13/2008)692,366,725 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.0327 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy7,398,483 (D)
Estimated Net Taxable Valuation (as of 03/13/2008)692,366,725 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.0686 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy7,149,935 (G)
Estimated Equalized Valuation (as of 10/01/2007)755,813,516 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.9460 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy7,398,483 (J)
Estimated Equalized Valuation (as of 10/01/2007)755,813,516 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.9789 (L)
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LIBERTY TOWNSHIP
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,364,972 (A)
Estimated Net Taxable Valuation (as of 03/13/2008)270,009,757 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.6166 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy4,516,708 (D)
Estimated Net Taxable Valuation (as of 03/13/2008)270,009,757 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.6728 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,364,972 (G)
Estimated Equalized Valuation (as of 10/01/2007)373,047,554 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1001.1701 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy4,516,708 (J)
Estimated Equalized Valuation (as of 10/01/2007)373,047,554 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.2108 (L)