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User Friendly Budgets
2009

SOMERSET - BOUND BROOK BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils on Roll Regular Full-Time1,3201,3431,381
Pupils on Roll Regular Shared-Time302136
spacing
Pupils on Roll - Special Full-Time171178169
Pupils on Roll - Special Shared-Time378
Private School Placements201720
spacing
Pupils Sent to Other Districts-Reg Prog537
Pupils Sent to Other Dists-Spec Ed Prog81315
Pupils Received119111109
Pupils in State Facilities122

 

Advertised Revenues
Budget CategoryAccount2007-08
Actual
2008-09
Revised
2009-10
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 543,280 497,565
Withdrawal from Cap Res-for Local Share 10-307 0 200,000 0
Withdrawal from Maint. Reserve 10-310 0 175,000 0
Revenues from Local Sources:
Local Tax Levy 10-1210 12,054,424 12,102,757 12,284,744
Tuition 10-1300 1,696,589 1,324,837 1,468,895
Transportation Fees from Other LEAs 10-1420-1440 6,761 17,000 11,500
Other Restricted Miscellaneous Revenues 10-1XXX 294,194 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 0 129,649 50,000
SUBTOTAL  14,051,968 13,574,243 13,815,139
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 2,337,066 0 0
Supplemental Core Curriculum Standards Aid 10-3112 43,008 0 0
Transportation Aid 10-3120 60,404 0 0
Special Education Aid 10-3130 876,763 0 0
Bilingual Education 10-3140 400,352 0 0
Extraordinary Aid 10-3131 55,296 0 0
Consolidated Aid 10-3195 197,245 0 0
Additional Formula Aid 10-3196 324,646 0 0
Other State Aids 10-3XXX 281,020 0 0
Categorical Special Education Aid 10-3132 0 754,572 808,395
Equalization Aid 10-3176 0 5,891,968 6,140,670
Categorical Security Aid 10-3177 0 430,180 471,122
Categorical Transportation Aid 10-3121 0 98,381 113,669
SUBTOTAL  4,575,800 7,175,101 7,533,856
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 0 0 39,733
SUBTOTAL  0 0 39,733
Adjustment for Prior Year Encumbrances  0 1,304,210 0
Actual Revenues (Over)/Under Expenditures  -102,461 0 0
TOTAL OPERATING BUDGET  18,525,307 22,971,834 21,886,293
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 75,567 69,862 0
Revenues from State Sources:
Early Childhood Program Aid 20-3211 798,968 0 0
Demonstrably Effective Program Aid 20-3212 636,483 0 0
Preschool Education Aid 20-3218 0 327,685 333,090
Other Restricted Entitlements 20-32XX 521,342 185,802 144,468
TOTAL REVENUES FROM STATE SOURCES  1,956,793 513,487 477,558
Revenues from Federal Sources:
Title I 20-4411-4416 561,268 814,211 648,132
Title VI 20-4417-4418 1,016 0 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 171,478 597,248 376,811
Other 20-4XXX 147,303 178,288 135,239
TOTAL REVENUES FROM FEDERAL SOURCES  881,065 1,589,747 1,160,182
TOTAL GRANTS AND ENTITLEMENTS  2,913,425 2,173,096 1,637,740
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 0 198
Revenues from Local Sources:
Local Tax Levy 40-1210 345,497 347,983 348,678
TOTAL REVENUES FROM LOCAL SOURCES  345,497 347,983 348,678
Revenues from State Sources:
Debt Service Aid Type II 40-3160 187,574 187,752 189,283
TOTAL LOCAL REPAYMENT OF DEBT  533,071 535,735 538,159
Actual Revenues (Over)/Under Expenditures  -197 0 0
TOTAL REPAYMENT OF DEBT  532,874 535,735 538,159
TOTAL REVENUES/SOURCES  21,971,606 25,680,665 24,062,192

 

Advertised Appropriations
Budget CategoryAccount2007-08
Expenditures
2008-09
Rev. Approp.
2009-10
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX5,066,4716,291,9355,816,334
Special Education 11-2XX-100-XXX1,325,2401,503,6541,421,711
Basic Skills/Remedial 11-230-100-XXX4281,2791,275
Bilingual Education 11-240-100-XXX222,458237,527243,893
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX69,48973,84399,915
School Sponsored Athletics 11-402-100-XXX362,930401,958411,394
Support Services:
Tuition 11-000-100-XXX1,616,0831,956,3252,044,960
Attendance and Social Work Services 11-000-211-XXX14,30267,87971,313
Health Services 11-000-213-XXX210,116266,785280,850
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217223,327268,194311,496
Guidance 11-000-218-XXX387,463532,927548,114
Child Study Teams 11-000-219-XXX319,071183,543224,355
Improvement of Instructional Services 11-000-221-XXX53,454281,341273,247
Educational Media Services - School Library 11-000-222-XXX285,845448,630440,492
Instructional Staff Training Services 11-000-223-XXX27,56670,11610,500
General Administration 11-000-230-XXX482,085665,080581,480
School Administration 11-000-240-XXX1,005,6311,045,5661,060,177
Central Svcs & Admin Info Technology 11-000-25X-XXX423,735496,547478,989
Operation and Maintenance of Plant Services 11-000-26X-XXX2,800,7963,250,2123,052,219
Student Transportation Services 11-000-270-XXX520,126629,850595,660
Personal Services - Employee Benefits 11-XXX-XXX-2XX2,509,5303,319,3653,637,940
Total Support Services Expenditures 10,879,13013,482,36013,611,792
TOTAL GENERAL CURRENT EXPENSE 17,926,14621,992,55621,606,314
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X128,716201,79176,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX440,675714,661116,479
TOTAL CAPITAL EXPENDITURES 569,391916,452192,479
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X29,77062,82687,500
OPERATING BUDGET GRAND TOTAL 18,525,30722,971,83421,886,293
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX75,56769,8620
Early Childhood Program Aid:
Instruction 20-218-100-XXX554,004223,538260,220
Support Services 20-218-200-XXX244,964104,14772,870
TOTAL PRESCHOOL EDUCATION AID 798,968327,685333,090
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX474,33100
Support Services 20-212-200-XXX162,15200
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 636,48300
Other State Projects:
Instruction 20-217-100-XXX224,65200
Support Services 20-217-200-XXX147,83600
TOTAL TARA USED TO SUPPORT PROGRAMS 372,48800
Nonpublic Textbooks 20-XXX-XXX-XXX15,92412,12512,125
Nonpublic Auxiliary Services 20-XXX-XXX-XXX93,47349,38947,995
Nonpublic Handicapped Services 20-XXX-XXX-XXX059,50259,502
Nonpublic Nursing Services 20-XXX-XXX-XXX22,23416,36616,366
Nonpublic Technology Initiative 20-XXX-XXX-XXX11,4238,4808,480
Other Special Projects 20-XXX-XXX-XXX5,80039,9400
Total State Projects 1,956,793513,487477,558
Federal Projects:
Title I 20-XXX-XXX-XXX561,268814,211648,132
Title VI 20-XXX-XXX-XXX1,01600
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX171,478597,248376,811
Other Special Projects 20-XXX-XXX-XXX147,303178,288135,239
Total Federal Projects 881,0651,589,7471,160,182
TOTAL GRANTS AND ENTITLEMENTS 2,913,4252,173,0961,637,740
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX532,874535,735538,159
TOTAL REPAYMENT OF DEBT 532,874535,735538,159
Total Expenditures 21,971,60625,680,66524,062,192

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/07
Audited
Balance
6/30/08
Estimated
Balance
6/30/09
Estimated
Balance
6/30/10
Unreserved:
  General Operating Budget413,863465,256425,802425,802
  Repayment of Debt-2,082-1,8851980
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve1200,00111
      Adult Education Programs0000
      Maintenance Reserve0175,00000
      Legal Reserve820,0751,001,391497,5650
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Reserved for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2006-07
Actual
2007-08
Actual
2008-09
Original
Budget
2008-09
Revised
Budget
2009-10
Proposed
Budget
Total Comparative Per Pupil Cost11,30411,33612,14012,89012,316
Total Classroom Instruction6,2616,1186,3436,7186,329
Classroom-Salaries and Benefits5,9385,5446,0876,1286,021
Classroom-General Supplies and Textbooks282522184464241
Classroom-Purchased Services and Other41527112667
Total Support Services1,1601,3461,6911,7111,714
Support Services-Salaries and Benefits1,0211,1341,4081,4611,455
Total Administrative Costs1,5441,5071,6421,7331,670
Administration-Salaries and Benefits1,2931,2671,3361,3471,376
Total Operations and Maintenance of Plant1,9912,0072,0562,3222,168
Operations & Maintenance of Plant-Salary & Ben.866833914922955
Total Food Services Costs00000
Total Extracurricular Costs324337376372397
Total Equipment Costs11851213249
Employee Benefits as a % of Salaries22.724.427.727.629.9

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2009 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 2008-09 revised appropriations and 2009-10 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
  • ACES - Utility Consortium
  • Borough of Bound Brook - Groundskeeping for Athletic Facilities
  • Somerset County ESC - Special Education Transportation
  • Middlesex County ESC - Purchasing
  • South Bound Brook - Transportation Jointure
  • Bridgewater-Raritan - Transportation Jointure
  • Hunterdon County ESC - Purchasing
  • Voice / Data Services Consortium

 

Estimated Tax Rate Information
A. Estimated 09-10 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy12,284,744 (A)
Estimated Net Taxable Valuation (as of 10/01/2008)427,525,632 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)x1002.8735 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy12,633,422 (D)
Estimated Net Taxable Valuation (as of 10/01/2008)427,525,632 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)x1002.9550 (F)
B. Estimated 09-10 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy12,284,744 (G)
Estimated Equalized Valuation (as of 10/01/2008)1,008,553,539 (H)
Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)x1001.2181 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy12,633,422 (J)
Estimated Equalized Valuation (as of 10/01/2008)1,008,553,539 (K)
Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)x1001.2526 (L)