>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>ESSEX  >>VERONA BORO

User Friendly Budgets
2012-13

ESSEX - VERONA BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2010
Actual
October 15, 2011
Actual
October 15, 2012
Estimated
Pupils on Roll Regular Full-Time1,9331,9862,035
Pupils on Roll Regular Shared-Time100
spacing
Pupils on Roll - Special Full-Time226220222
Pupils on Roll - Special Shared-Time520
Private School Placements182123
spacing
Pupils Sent to Other Dists-Spec Ed Prog764
Pupils Received2212

 

Advertised Revenues
Budget CategoryAccount2010-11
Actual
2011-12
Revised
2012-13
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 224,738 265,849
Withdrawal from Cap Res-for Local Share 10-307 0 0 75,000
Revenues from Local Sources:
Local Tax Levy 10-1210 26,626,026 27,158,547 27,801,223
Tuition 10-1300 208,284 215,819 201,707
Other Restricted Miscellaneous Revenues 10-1XXX 0 211,971 211,971
Unrestricted Miscellaneous Revenues 10-1XXX 201,753 0 0
SUBTOTAL  27,036,063 27,586,337 28,214,901
Revenues from State Sources:
Extraordinary Aid 10-3131 132,085 200,000 200,000
Other State Aids 10-3XXX 0 275,171 0
Categorical Special Education Aid 10-3132 70,811 345,983 796,553
Categorical Security Aid 10-3177 0 0 32,291
Categorical Transportation Aid 10-3121 0 0 14,883
SUBTOTAL  202,896 821,154 1,043,727
Revenues from Federal Sources:
SUBTOTAL  0 49,389 0
Actual Revenues (Over)/Under Expenditures  68,110 0 0
TOTAL OPERATING BUDGET  27,307,069 28,681,618 29,599,477
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 57,189 0 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 92,382 97,527 97,320
TOTAL REVENUES FROM STATE SOURCES  92,382 97,527 97,320
Revenues from Federal Sources:
Title II 20-4451-4455 6,799 20,301 24,010
Title IV 20-4471-4474 149 0 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 816,331 461,043 463,998
Other 20-4XXX 0 13,274 0
TOTAL REVENUES FROM FEDERAL SOURCES  823,279 494,618 488,008
TOTAL GRANTS AND ENTITLEMENTS  972,850 592,145 585,328
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 7,003 2,458
Transfers from Other Funds 40-5200 87 0 0
Revenues from Local Sources:
Local Tax Levy 40-1210 2,218,556 2,238,160 2,242,798
TOTAL REVENUES FROM LOCAL SOURCES  2,218,556 2,238,160 2,242,798
Revenues from State Sources:
Debt Service Aid Type II 40-3160 423,263 429,506 435,288
TOTAL LOCAL REPAYMENT OF DEBT  2,641,906 2,674,669 2,680,544
Actual Revenues (Over)/Under Expenditures  13,913 0 0
TOTAL REPAYMENT OF DEBT  2,655,819 2,674,669 2,680,544
TOTAL REVENUES/SOURCES  30,935,738 31,948,432 32,865,349
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL REVENUES/SOURCES NET OF TRANSFERS  30,935,738 31,948,432 32,865,349

 

Advertised Appropriations
Budget CategoryAccount2010-11
Expenditures
2011-12
Rev. Approp.
2012-13
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX10,068,55810,409,02710,755,242
Special Education 11-2XX-100-XXX1,884,5011,958,4091,962,137
Basic Skills/Remedial 11-230-100-XXX129,170141,337144,164
Bilingual Education 11-240-100-XXX70,49472,10273,513
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX180,388210,572209,642
School Sponsored Athletics 11-402-100-XXX476,947520,772519,788
Other Instructional Programs 11-4XX-100-XXX61,32061,67659,930
Summer School 11-422-XXX-XXX01,9550
Community Services Programs/Operations 11-800-330-XXX01,8000
Support Services:
Tuition 11-000-100-XXX1,421,3801,649,5241,728,000
Health Services 11-000-213-XXX436,957419,892430,695
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217364,110388,404366,149
Guidance 11-000-218-XXX474,640499,662512,663
Child Study Teams 11-000-219-XXX921,6171,008,2451,000,033
Improvement of Instructional Services 11-000-221-XXX212,921727,542746,865
Educational Media Services - School Library 11-000-222-XXX417,611435,433434,469
General Administration 11-000-230-XXX546,972482,173527,961
School Administration 11-000-240-XXX2,161,4961,723,3111,676,728
Central Svcs & Admin Info Technology 11-000-25X-XXX428,613398,614424,260
Operation and Maintenance of Plant Services 11-000-26X-XXX2,455,6922,590,5442,602,013
Student Transportation Services 11-000-270-XXX412,698416,957481,198
Personal Services - Employee Benefits 11-XXX-XXX-2XX4,068,3114,500,2544,830,611
Food Services 11-000-310-XXX16,77400
Total Support Services Expenditures 14,339,79215,240,55515,761,645
TOTAL GENERAL CURRENT EXPENSE 27,211,17028,618,20529,486,061
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X88,99262,42037,054
Facilities Acquisition and Construction Services 12-000-4XX-XXX1,70799376,362
TOTAL CAPITAL EXPENDITURES 90,69963,413113,416
Summer School:
Instruction 13-422-100-XXX5,20000
Total Summer School 5,20000
TOTAL SPECIAL SCHOOLS 5,20000
OPERATING BUDGET GRAND TOTAL 27,307,06928,681,61829,599,477
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX57,18900
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX10,74310,7438,163
Nonpublic Auxiliary Services 20-XXX-XXX-XXX35,75620,30176,428
Nonpublic Handicapped Services 20-XXX-XXX-XXX29,62853,7540
Nonpublic Nursing Services 20-XXX-XXX-XXX12,72912,72912,729
Other Special Projects 20-XXX-XXX-XXX3,52600
Total State Projects 92,38297,52797,320
Federal Projects:
Title II 20-XXX-XXX-XXX6,79920,30124,010
Title IV 20-XXX-XXX-XXX14900
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX816,331461,043463,998
Other Special Projects 20-XXX-XXX-XXX013,2740
Total Federal Projects 823,279494,618488,008
TOTAL GRANTS AND ENTITLEMENTS 972,850592,145585,328
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX2,655,8192,674,6692,680,544
TOTAL REPAYMENT OF DEBT 2,655,8192,674,6692,680,544
Total Expenditures 30,935,73831,948,43232,865,349
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS 30,935,73831,948,43232,865,349

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/10
Audited
Balance
6/30/11
Estimated
Balance
6/30/12
Estimated
Balance
6/30/13
Unassigned:
  General Operating Budget547,446546,141546,141546,141
  Repayment of Debt23,3749,4612,4580
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve162,316162,316162,31687,316
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve552,596490,587265,8490
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Restricted for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2009-10
Actual
2010-11
Actual
2011-12
Original
Budget
2011-12
Revised
Budget
2012-13
Proposed
Budget
Total Budgetary Comparative Per Pupil Cost12,20311,74412,23012,03112,085
Total Classroom Instruction7,2486,8137,1066,9887,089
Classroom-Salaries and Benefits6,8246,5446,7956,6906,776
Classroom-General Supplies and Textbooks344225236212223
Classroom-Purchased Services and Other8144758590
Total Support Services1,5521,5661,9691,9161,898
Support Services-Salaries and Benefits1,4291,4501,8441,8051,790
Total Administrative Costs1,6341,7181,4601,4051,404
Administration-Salaries and Benefits1,4381,5031,2551,1961,220
Legal Costs036544744
Total Operations and Maintenance of Plant1,3351,2731,2901,3251,302
Operations & Maintenance of Plant-Salary & Ben.790773773804758
Board Contribution to Food Services318000
Total Extracurricular Costs382354392386380
Total Equipment Costs2941282816
Employee Benefits as a % of Salaries20.821.522.723.224.4

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2012 Taxpayers Guide to Education Spending (formerly Comparative Spending Guide) and can be found on the Department of Education's Internet address: http://www.state.nj.us/education under Finance. This publication is available in the board office and public libraries. The same calculations were performed using the 2011-12 revised appropriations and 2012-13 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
  • CAFETERIA MANAGER WITH TOTOWA BOE
  • GAS AND ELECTRIC CONSORTIUM
  • POOLED WORKMAN'S COMPENSATION AND PROPERTY INSURANCE
  • POOLED SPECIAL EDUCATION TRANSPORTATION
  • JOINT SNOW REMOVAL WITH VERONA TOWNSHIP
  • TOWN PAYS FOR OUR TRASH REMOVAL
  • HEALTH BENEFIT AND DENTAL BENEFIT POOL
  • POOLED PURCHASE FOR SCHOOL AND MAINTANENCE SUPPLIES

 

Estimated Tax Rate Information
A. Estimated 12-13 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy27,801,223 (A)
Estimated Net Taxable Valuation (as of 10/01/2011)2,141,243,800 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)x1001.2984 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy30,044,021 (D)
Estimated Net Taxable Valuation (as of 10/01/2011)2,141,243,800 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)x1001.4031 (F)
B. Estimated 12-13 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy27,801,223 (G)
Estimated Equalized Valuation (as of 10/01/2011)2,305,028,708 (H)
Estimated 12-13 Equalized General Fund School Tax Rate=(G)/(H)x1001.2061 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy30,044,021 (J)
Estimated Equalized Valuation (as of 10/01/2011)2,305,028,708 (K)
Estimated 12-13 Equalized Total School Tax Rate=(J)/(K)x1001.3034 (L)

 

Administrative Salaries
Employee Name: CHERYL NARDINO 
Job TitleBusiness Administrator 
Base Annual Salary150,365 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2012 
  Ending Date of Contract06/30/2013 
  Contracted Number of Annual Work Days240 
  Contracted Number of Annual Vacation Days 24 
  Contracted Number of Annual Sick Days 12 
  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: 
Allowances720 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other1,592 
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of ContractNO PAY OUT IN CONTRACT 
   Buyback of Vacation Days at the End of ContractNO PAY OUT IN CONTRACT 
   Buyback of Personal Days at the End of ContractNO PAY OUT IN 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: ELIZABETH JEWETT 
Job TitleCoordinator/Dir./Mgr./Supvr. 
Base Annual Salary136,755 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2012 
  Ending Date of Contract06/30/2013 
  Contracted Number of Annual Work Days240 
  Contracted Number of Annual Vacation Days 24 
  Contracted Number of Annual Sick Days 12 
  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: 
Allowances1,560 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other9,148 
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of ContractNO PAY OUT IN CONTRACT 
   Buyback of Vacation Days at the End of ContractNO PAY OUT IN CONTRACT 
   Buyback of Personal Days at the End of ContractNO PAY OUT IN 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: ELIZABETH SKINNER 
Job TitleCoordinator/Dir./Mgr./Supvr. 
Base Annual Salary138,541 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2012 
  Ending Date of Contract06/30/2013 
  Contracted Number of Annual Work Days240 
  Contracted Number of Annual Vacation Days 24 
  Contracted Number of Annual Sick Days 12 
  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: 
Allowances
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other22,825 
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of ContractNO PAY OUT IN CONTRACT 
   Buyback of Vacation Days at the End of ContractNO PAY OUT IN CONTRACT 
   Buyback of Personal Days at the End of ContractNO PAY OUT IN 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: PAUL MCDEVITT 
Job TitleCoordinator/Dir./Mgr./Supvr. 
Base Annual Salary91,555 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2012 
  Ending Date of Contract06/30/2013 
  Contracted Number of Annual Work Days240 
  Contracted Number of Annual Vacation Days 20 
  Contracted Number of Annual Sick Days 12 
  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: 
Allowances1,560 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other22,825 
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of ContractNO PAY OUT IN CONTRACT 
   Buyback of Vacation Days at the End of ContractNO PAY OUT IN CONTRACT 
   Buyback of Personal Days at the End of ContractNO PAY OUT IN 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: STEVE FORTE 
Job TitleSuperintendent 
Base Annual Salary151,725 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2012 
  Ending Date of Contract06/30/2013 
  Contracted Number of Annual Work Days240 
  Contracted Number of Annual Vacation Days 22 
  Contracted Number of Annual Sick Days 12 
  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: 
Allowances5,800 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other2,277 
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of ContractNO PAY OUT IN CONTRACT 
   Buyback of Vacation Days at the End of ContractNO PAY OUT IN CONTRACT 
   Buyback of Personal Days at the End of ContractNO PAY OUT IN 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