>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>SOMERSET  >>SOMERSET HILLS REGIONAL

User Friendly Budgets
2010

SOMERSET - SOMERSET HILLS REGIONAL

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils on Roll Regular Full-Time1,9221,8651,885
Pupils on Roll Regular Shared-Time210
spacing
Pupils on Roll - Special Full-Time207211208
Pupils on Roll - Special Shared-Time233
Private School Placements171719
spacing
Pupils Sent to Other Districts-Reg Prog210
Pupils Sent to Other Dists-Spec Ed Prog121515
Pupils Received236221230
Pupils in State Facilities010

 

Advertised Revenues
Budget CategoryAccount2008-09
Actual
2009-10
Revised
2010-11
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 1,667,649 2,330,943
Revenues from Local Sources:
Local Tax Levy 10-1210 25,805,222 25,803,779 26,539,186
Tuition 10-1300 4,591,190 4,605,108 4,001,758
Transportation Fees from Individuals 10-1410 95,260 103,050 113,606
Interest Earned on Capital Reserve Funds 10-1XXX 0 100 100
Unrestricted Miscellaneous Revenues 10-1XXX 442,617 72,868 216,294
SUBTOTAL  30,934,289 30,584,905 30,870,944
Revenues from State Sources:
Extraordinary Aid 10-3131 591,825 432,807 614,332
Other State Aids 10-3XXX 44,568 0 0
Categorical Special Education Aid 10-3132 690,456 531,489 0
Categorical Security Aid 10-3177 40,144 154,304 0
Categorical Transportation Aid 10-3121 519,450 667,612 0
SUBTOTAL  1,886,443 1,786,212 614,332
Adjustment for Prior Year Encumbrances  0 93,964 0
Actual Revenues (Over)/Under Expenditures  17,738 0 0
TOTAL OPERATING BUDGET  32,838,470 34,132,730 33,816,219
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 0 165,060 165,060
TOTAL REVENUES FROM STATE SOURCES  0 165,060 165,060
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 0 415,408 415,408
Other 20-4XXX 0 264,739 264,739
TOTAL REVENUES FROM FEDERAL SOURCES  0 680,147 680,147
TOTAL GRANTS AND ENTITLEMENTS  0 845,207 845,207
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 0 18,399
Revenues from Local Sources:
Local Tax Levy 40-1210 3,333,584 3,329,300 3,323,846
Miscellaneous 40-1XXX 11,012 0 0
TOTAL REVENUES FROM LOCAL SOURCES  3,344,596 3,329,300 3,323,846
Revenues from State Sources:
Debt Service Aid Type II 40-3160 92,712 87,934 76,230
TOTAL LOCAL REPAYMENT OF DEBT  3,437,308 3,417,234 3,418,475
Actual Revenues (Over)/Under Expenditures  -18,394 0 0
TOTAL REPAYMENT OF DEBT  3,418,914 3,417,234 3,418,475
TOTAL REVENUES/SOURCES  36,257,384 38,395,171 38,079,901
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL REVENUES/SOURCES NET OF TRANSFERS  36,257,384 38,395,171 38,079,901

 

Advertised Appropriations
Budget CategoryAccount2008-09
Expenditures
2009-10
Rev. Approp.
2010-11
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX11,730,36611,798,86111,718,020
Special Education 11-2XX-100-XXX1,597,1821,691,0901,887,574
Basic Skills/Remedial 11-230-100-XXX224,634236,422246,943
Bilingual Education 11-240-100-XXX187,907199,669208,488
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX252,708269,269281,104
School Sponsored Athletics 11-402-100-XXX660,344657,198649,894
Support Services:
Tuition 11-000-100-XXX1,396,1511,614,9151,447,530
Attendance and Social Work Services 11-000-211-XXX11,4233,9194,093
Health Services 11-000-213-XXX330,844358,460311,188
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217894,220806,692832,188
Guidance 11-000-218-XXX764,449783,799730,399
Child Study Teams 11-000-219-XXX614,910653,185605,464
Improvement of Instructional Services 11-000-221-XXX269,196281,700280,824
Educational Media Services - School Library 11-000-222-XXX591,575664,618557,968
Instructional Staff Training Services 11-000-223-XXX127,959149,985133,864
General Administration 11-000-230-XXX776,450874,393869,186
School Administration 11-000-240-XXX1,267,8561,256,0891,315,979
Central Svcs & Admin Info Technology 11-000-25X-XXX463,060498,985492,343
Operation and Maintenance of Plant Services 11-000-26X-XXX3,258,0003,443,3383,376,252
Student Transportation Services 11-000-270-XXX2,168,7902,449,2952,291,591
Personal Services - Employee Benefits 11-XXX-XXX-2XX4,365,2224,936,6005,100,327
Total Support Services Expenditures 17,300,10518,775,97318,349,196
TOTAL GENERAL CURRENT EXPENSE 31,953,24633,628,48233,341,219
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-60400250,000
Interest Earned on Capital Reserve 10-6040100100
Equipment 12-XXX-XXX-73X211,80092,35829,900
Facilities Acquisition and Construction Services 12-000-4XX-XXX73,424411,790195,000
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931600,00000
TOTAL CAPITAL EXPENDITURES 885,224504,248475,000
OPERATING BUDGET GRAND TOTAL 32,838,47034,132,73033,816,219
SPECIAL GRANTS AND ENTITLEMENTS
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX036,84636,846
Nonpublic Auxiliary Services 20-XXX-XXX-XXX022,97322,973
Nonpublic Handicapped Services 20-XXX-XXX-XXX061,54561,545
Nonpublic Nursing Services 20-XXX-XXX-XXX043,69643,696
Total State Projects 0165,060165,060
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX0415,408415,408
Other Special Projects 20-XXX-XXX-XXX0264,739264,739
Total Federal Projects 0680,147680,147
TOTAL GRANTS AND ENTITLEMENTS 0845,207845,207
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX3,418,9143,417,2343,418,475
TOTAL REPAYMENT OF DEBT 3,418,9143,417,2343,418,475
Total Expenditures 36,257,38438,395,17138,079,901
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS 36,257,38438,395,17138,079,901

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/08
Audited
Balance
6/30/09
Estimated
Balance
6/30/10
Estimated
Balance
6/30/11
Unassigned:
  General Operating Budget728,040883,449883,449883,449
  Repayment of Debt518,39918,3990
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve159,226159,226159,326409,426
      Adult Education Programs0000
      Maintenance Reserve90,000135,000135,000135,000
      Legal Reserve4,246,5493,975,5002,330,9430
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Restricted for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2007-08
Actual
2008-09
Actual
2009-10
Original
Budget
2009-10
Revised
Budget
2010-11
Proposed
Budget
Total Comparative Per Pupil Cost13,72013,35613,65414,22714,133
Total Classroom Instruction7,9417,7767,9258,1888,250
Classroom-Salaries and Benefits7,3437,3577,4337,6667,776
Classroom-General Supplies and Textbooks448319381404373
Classroom-Purchased Services and Other150101111118101
Total Support Services2,0132,0002,0442,1522,003
Support Services-Salaries and Benefits1,7741,7081,8261,9101,787
Total Administrative Costs1,4411,3921,4001,5101,539
Administration-Salaries and Benefits1,1971,1931,2001,2641,320
Legal Costs00373838
Total Operations and Maintenance of Plant1,8161,6831,7691,8361,793
Operations & Maintenance of Plant-Salary & Ben.850841886920916
Total Food Services Costs00000
Total Extracurricular Costs502499505528529
Total Equipment Costs330100294414
Employee Benefits as a % of Salaries22.621.72324.124.6

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2010 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 2009-10 revised appropriations and 2010-11 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
  • Somerset County Educational Services Commission - Transportation,
  • Alternative High School, Non public Services, Special Education Services.
  • Hunterdon County Educational Services Commision - Purchasing Consortium
  • New Jersey Association School Boards Association Insurance Group - Worker
  • Comp Ins and Errors&Omission Insurance
  • Morris Union Jointure Commission - Education for students with special
  • needs, transportation
  • Borough of Bernardsville - Exchange use of buildings for use of fields, t
  • technology assistance, School Emergency Response Team training.

 

Estimated Tax Rate Information
BERNARDSVILLE BOROUGH
A. Estimated 10-11 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy19,385,143 (A)
Estimated Net Taxable Valuation (as of 10/01/2009)2,555,612,200 (B)
Estimated 10-11 General Fund School Tax Rate=(A)/(B)x1000.7585 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy21,812,995 (D)
Estimated Net Taxable Valuation (as of 10/01/2009)2,555,612,200 (E)
Estimated 10-11 Total School Tax Rate=(D)/(E)x1000.8535 (F)
B. Estimated 10-11 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy19,385,143 (G)
Estimated Equalized Valuation (as of 10/01/2009)2,580,321,215 (H)
Estimated 10-11 Equalized General Fund School Tax Rate=(G)/(H)x1000.7513 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy21,812,995 (J)
Estimated Equalized Valuation (as of 10/01/2009)2,580,321,215 (K)
Estimated 10-11 Equalized Total School Tax Rate=(J)/(K)x1000.8454 (L)
spacing
FAR HILLS BOROUGH
A. Estimated 10-11 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,576,210 (A)
Estimated Net Taxable Valuation (as of 10/01/2009)476,290,238 (B)
Estimated 10-11 General Fund School Tax Rate=(A)/(B)x1000.3309 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,773,619 (D)
Estimated Net Taxable Valuation (as of 10/01/2009)476,290,238 (E)
Estimated 10-11 Total School Tax Rate=(D)/(E)x1000.3724 (F)
B. Estimated 10-11 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,576,210 (G)
Estimated Equalized Valuation (as of 10/01/2009)501,231,400 (H)
Estimated 10-11 Equalized General Fund School Tax Rate=(G)/(H)x1000.3145 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,773,619 (J)
Estimated Equalized Valuation (as of 10/01/2009)501,231,400 (K)
Estimated 10-11 Equalized Total School Tax Rate=(J)/(K)x1000.3539 (L)
spacing
PEAPACK-GLADSTONE BOROUGH
A. Estimated 10-11 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy5,577,833 (A)
Estimated Net Taxable Valuation (as of 10/01/2009)761,687,170 (B)
Estimated 10-11 General Fund School Tax Rate=(A)/(B)x1000.7323 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy6,276,417 (D)
Estimated Net Taxable Valuation (as of 10/01/2009)761,687,170 (E)
Estimated 10-11 Total School Tax Rate=(D)/(E)x1000.8240 (F)
B. Estimated 10-11 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy5,577,833 (G)
Estimated Equalized Valuation (as of 10/01/2009)868,373,486 (H)
Estimated 10-11 Equalized General Fund School Tax Rate=(G)/(H)x1000.6423 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy6,276,417 (J)
Estimated Equalized Valuation (as of 10/01/2009)868,373,486 (K)
Estimated 10-11 Equalized Total School Tax Rate=(J)/(K)x1000.7228 (L)

 

Administrative Salaries
Employee Name: Barbara Walls 
Job TitleAssistant Superintendent 
Base Annual Salary148,789 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2009 
  Ending Date of Contract06/30/2010 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 28 
  Contracted Number of Annual Sick Days12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances1,000 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other2,000 
  Retirement Plans
Contractual Post-Employment Benefits Amount12,017 
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Charles Young 
Job TitleInformation Technology 
Base Annual Salary91,828 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2009 
  Ending Date of Contract06/30/2010 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 28 
  Contracted Number of Annual Sick Days12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances1,000 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount950 
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Margaret Mitchell 
Job TitleInformation Technology 
Base Annual Salary78,950 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2009 
  Ending Date of Contract06/30/2010 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 20 
  Contracted Number of Annual Sick Days12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances500 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Mary Joyce Zonfrillo 
Job TitleAdministrative Assistant 
Base Annual Salary75,190 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2009 
  Ending Date of Contract06/30/2010 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 20 
  Contracted Number of Annual Sick Days12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances500 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Nancy Hunter 
Job TitleBusiness Administrator 
Base Annual Salary160,308 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2009 
  Ending Date of Contract06/30/2010 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 28 
  Contracted Number of Annual Sick Days12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances1,000 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other2,000 
  Retirement Plans
Contractual Post-Employment Benefits Amount10,481 
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Peter Miller 
Job TitleSuperintendent 
Base Annual Salary203,860 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2006 
  Ending Date of Contract06/30/2011 
  Contracted Number of Annual Work Days240 
  Contracted Number of Annual Vacation Days 28 
  Contracted Number of Annual Sick Days12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances5,470 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other6,339 
  Retirement Plans8,154 
Contractual Post-Employment Benefits Amount103,430 
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits 
Other/In-Kind Remuneration46,718 
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments