>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>HUDSON  >>HOBOKEN CITY

User Friendly Budgets
2012-13

HUDSON - HOBOKEN CITY

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2010
Actual
October 15, 2011
Actual
October 15, 2012
Estimated
Pupils on Roll Regular Full-Time2,0332,0812,162
spacing
Pupils on Roll - Special Full-Time257238238
Private School Placements212124
spacing
Pupils Sent to Contracted Preschool Prog625649649
Pupils Sent to Other Districts-Reg Prog011
Pupils Sent to Other Dists-Spec Ed Prog1067
Pupils Received5517
Pupils in State Facilities111

 

Advertised Revenues
Budget CategoryAccount2010-11
Actual
2011-12
Revised
2012-13
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 913,196 1,519,609
Withdrawal from Cap Res-for Local Share 10-307 0 619,335 130,664
Revenues from Local Sources:
Local Tax Levy 10-1210 36,479,095 36,479,095 36,479,095
Tuition 10-1300 263,215 301,855 419,966
Transportation Fees from Other LEAs 10-1420-1440 57,100 57,100 57,100
Unrestricted Miscellaneous Revenues 10-1XXX 652,799 488,182 588,182
SUBTOTAL  37,452,209 37,326,232 37,544,343
Revenues from State Sources:
School Choice Aid 10-3116 637,160 785,200 2,154,784
Extraordinary Aid 10-3131 141,693 101,949 101,949
Categorical Special Education Aid 10-3132 1,334,324 1,376,369 1,449,681
Categorical Security Aid 10-3177 787,494 724,793 714,291
Adjustment Aid 10-3178 4,151,290 6,390,123 5,275,416
Categorical Transportation Aid 10-3121 82,820 123,186 123,174
SUBTOTAL  7,134,781 9,501,620 9,819,295
Revenues from Federal Sources:
IMPACT Aid 10-4100 208,009 175,000 200,000
Medicaid Reimbursement 10-4200 71,444 15,000 70,000
SUBTOTAL  279,453 511,272 270,000
Adjustment for Prior Year Encumbrances  0 345,553 0
Actual Revenues (Over)/Under Expenditures  1,587,199 0 0
TOTAL OPERATING BUDGET  46,453,642 49,217,208 49,283,911
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 19,056 36,033 24,282
Revenues from State Sources:
Preschool Education Aid - Pr Yr Carryover 20-3218 0 0 428,265
Preschool Education Aid 20-3218 7,474,366 9,232,519 9,186,807
Other Restricted Entitlements 20-32XX 694,351 1,078,480 1,078,480
TOTAL REVENUES FROM STATE SOURCES  8,168,717 10,310,999 10,693,552
Revenues from Federal Sources:
Title I 20-4411-4416 1,225,978 1,517,996 1,300,317
Title II 20-4451-4455 189,775 212,206 172,882
Title III 20-4491-4494 23,520 34,454 14,645
Title IV 20-4471-4474 17,418 509 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 1,226,927 928,296 763,265
Other 20-4XXX 63,947 62,396 0
TOTAL REVENUES FROM FEDERAL SOURCES  2,747,565 2,755,857 2,251,109
TOTAL GRANTS AND ENTITLEMENTS  10,935,338 13,102,889 12,968,943
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 1 0
Revenues from Local Sources:
Local Tax Levy 40-1210 282,648 279,589 276,658
TOTAL REVENUES FROM LOCAL SOURCES  282,648 279,589 276,658
TOTAL LOCAL REPAYMENT OF DEBT  282,648 279,590 276,658
TOTAL REPAYMENT OF DEBT  282,648 279,590 276,658
TOTAL REVENUES/SOURCES  57,671,628 62,599,687 62,529,512
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL REVENUES/SOURCES NET OF TRANSFERS  57,671,628 62,599,687 62,529,512

 

Advertised Appropriations
Budget CategoryAccount2010-11
Expenditures
2011-12
Rev. Approp.
2012-13
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX929,1442,030,5732,075,599
Special Education 11-2XX-100-XXX419,379438,638448,533
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX63,54767,64767,204
School Sponsored Athletics 11-402-100-XXX392,750529,424548,707
Summer School 11-422-XXX-XXX0030,000
Other Supplemental/At-Risk Programs 11-424-XXX-XXX00100,000
Support Services:
Tuition 11-000-100-XXX950,3601,152,4561,129,603
Attendance and Social Work Services 11-000-211-XXX114,323119,704124,014
Health Services 11-000-213-XXX62,598123,509126,279
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217804,017954,929945,242
Child Study Teams 11-000-219-XXX1,386,1611,331,4261,379,787
Improvement of Instructional Services 11-000-221-XXX615,618600,963648,348
Educational Media Services - School Library 11-000-222-XXX162,518188,949307,905
Instructional Staff Training Services 11-000-223-XXX03,5003,500
General Administration 11-000-230-XXX1,212,864897,745696,693
Central Svcs & Admin Info Technology 11-000-25X-XXX941,466838,734763,447
Operation and Maintenance of Plant Services 11-000-26X-XXX4,614,2554,666,5025,003,690
Student Transportation Services 11-000-270-XXX1,156,7261,124,3991,160,607
Personal Services - Employee Benefits 11-XXX-XXX-2XX4,195,1254,134,8864,718,070
Transfer Property Sale Proceeds to Debt Svc Res 11-000-520-9340457,8620
Total Support Services Expenditures 16,216,03116,595,56417,007,185
TOTAL GENERAL CURRENT EXPENSE 18,020,85119,661,84620,277,228
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X225,912662,973130,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX238,023896,182858,788
TOTAL CAPITAL EXPENDITURES 463,9351,559,155988,788
Other Special Schools:
Support Services 13-4XX-200-XXX112,168129,005128,173
Total Other Special Schools 112,168129,005128,173
TOTAL SPECIAL SCHOOLS 112,168129,005128,173
Transfer of Funds to Charter Schools 10-000-100-56X4,987,9896,003,0847,254,646
General Fund Contribution to SBB 10-000-520-93022,868,69921,864,11820,635,076
OPERATING BUDGET GRAND TOTAL 46,453,64249,217,20849,283,911
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX19,05636,03324,282
Preschool Education Aid:
Support Services 20-218-200-XXX7,474,3669,232,5199,615,072
TOTAL PRESCHOOL EDUCATION AID 7,474,3669,232,5199,615,072
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX35,54343,40543,405
Nonpublic Auxiliary Services 20-XXX-XXX-XXX171,328367,479367,479
Nonpublic Handicapped Services 20-XXX-XXX-XXX130,512296,156296,156
Nonpublic Nursing Services 20-XXX-XXX-XXX56,70962,00162,001
Other Special Projects 20-XXX-XXX-XXX300,259309,439309,439
Total State Projects 8,168,71710,310,99910,693,552
Federal Projects:
Title I 20-XXX-XXX-XXX588,404874,701657,023
Title II 20-XXX-XXX-XXX80,498101,86862,543
Title III 20-XXX-XXX-XXX23,52034,45414,645
Title IV 20-XXX-XXX-XXX17,4185090
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX1,226,927928,296763,265
Other Special Projects 20-XXX-XXX-XXX63,94762,3960
Total Federal Projects 2,000,7142,002,2241,497,476
Grant & Entitlements Cont to SBB 20-XXX-XXX-930746,851753,633753,633
TOTAL GRANTS AND ENTITLEMENTS 10,935,33813,102,88912,968,943
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX282,648279,590276,658
TOTAL REPAYMENT OF DEBT 282,648279,590276,658
Total Expenditures 57,671,62862,599,68762,529,512
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS 57,671,62862,141,82562,529,512

 

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 Budget2,702,3971,714,7881,861,418341,809
  Repayment of Debt1100
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve750,000750,000130,6651
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve264,246000
      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 Cost21,22522,64622,48422,84822,639
Total Classroom Instruction11,06011,57511,18811,62511,438
Classroom-Salaries and Benefits10,44511,01710,51110,83910,619
Classroom-General Supplies and Textbooks483472473602636
Classroom-Purchased Services and Other13286205185183
Total Support Services3,5374,5885,1224,7264,848
Support Services-Salaries and Benefits3,2734,2694,6944,2214,345
Total Administrative Costs2,5282,3741,8982,1921,914
Administration-Salaries and Benefits1,9841,8461,4251,6001,454
Legal Costs0126271124106
Total Operations and Maintenance of Plant3,1303,2403,4383,3243,470
Operations & Maintenance of Plant-Salary & Ben.1,8261,9112,0031,9401,947
Board Contribution to Food Services1580000
Total Extracurricular Costs636676613776777
Total Equipment Costs5912625637172
Employee Benefits as a % of Salaries30.934.93737.133.8

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 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.

 

Advertised Blended Resource SBB Statement
Budget CategoryAccount2010-112011-122012-13
Resources:
General Fund Contribution 15-520022,868,69921,864,11820,635,076
Restricted Federal Entitlements 15-44XX746,851753,633753,633
Total SBB Resources 23,615,55022,617,75121,388,709
Appropriations:
Instruction 15-XXX-100-XXX14,810,37213,620,16513,637,131
Support Services 15-XXX-2XX-XXX8,504,1178,655,1377,399,476
Total SBB Appropriations 23,615,55022,617,75121,388,709

 

Shared Services
  • ERate
  • ACES
  • Joint Transportation
  • Cooperative Pricing utilizing Ed Data
  • Middlesex County Cooperative pricing
  • Interlocal Agreement with Municipality
  • NJ State Contracts
  • Disaster Center for Township

 

Estimated Tax Rate Information
A. Estimated 12-13 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy36,479,095 (A)
Estimated Net Taxable Valuation (as of 10/01/2011)3,010,230,709 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)x1001.2118 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy36,757,219 (D)
Estimated Net Taxable Valuation (as of 10/01/2011)3,010,230,709 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)x1001.2211 (F)
B. Estimated 12-13 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy36,479,095 (G)
Estimated Equalized Valuation (as of 10/01/2011)9,704,766,485 (H)
Estimated 12-13 Equalized General Fund School Tax Rate=(G)/(H)x1000.3759 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy36,757,219 (J)
Estimated Equalized Valuation (as of 10/01/2011)9,704,766,485 (K)
Estimated 12-13 Equalized Total School Tax Rate=(J)/(K)x1000.3788 (L)

 

Administrative Salaries
Employee Name: Dianne Botti 
Job TitleAsst Business Administrator Asst to BA/Asst Bd Secy 
Base Annual Salary78,642 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract08/16/2010 
  Ending Date of Contract 
  Contracted Number of Annual Work Days240 
  Contracted Number of Annual Vacation Days 15 
  Contracted Number of Annual Sick Days 10 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days 16 
  Description of Other Contracted Non-working DaysHolidays 
Benefits: 
Allowances750 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other16,466 
  Retirement Plans4,875 
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of ContractNot available to the employee 
   Buyback of Vacation Days at the End of ContractNot available to the employee 
   Buyback of Personal Days at the End of ContractNot available to the employee 
   Other Contractual Post-Employment BenefitsNot available to the employee Not available to the employee Not available to the employee 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in CashNot available to the employee 
   Annual Option to Buy Back Vacation Time in CashNot available to the employee 
   Annual Option to Buy Back Personal Time in CashNot available to the employee 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Mark Toback 
Job TitleSuperintendent 
Base Annual Salary157,500 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract03/08/2011 
  Ending Date of Contract 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 25 
  Contracted Number of Annual Sick Days 10 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days 16 
  Description of Other Contracted Non-working DaysHolidays 
Benefits: 
Allowances5,201 
Bonuses23,610 
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other20,212 
  Retirement Plans10,458 
Contractual Post-Employment Benefits Amount30,144 
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of ContractMax if all 25 unused 
   Buyback of Personal Days at the End of ContractNot available to the employee 
   Other Contractual Post-Employment BenefitsNot available to the employee Not available to the employee Not available to the employee 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in CashNot available to the employee 
   Annual Option to Buy Back Vacation Time in CashNot available to the employee 
   Annual Option to Buy Back Personal Time in CashNot available to the employee 
   All Other In-Kind or Other Remuneration 
Additional CommentsBonus payout is based on Merit Amount listed as bonuses is the max payment amount 
Employee Name: Michael Donow 
Job TitleInterim Business Administrator 
Base Annual Salary118,560 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract11/16/2011 
  Ending Date of Contract01/18/2012 
  Contracted Number of Annual Work Days240 
  Contracted Number of Annual Vacation Days
  Contracted Number of Annual Sick Days
  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 DaysSalary is pro rated to 19,760 
Benefits: 
Allowances
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other1,340 
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of ContractNot available to this employee 
   Buyback of Vacation Days at the End of ContractNot available to this employee 
   Buyback of Personal Days at the End of ContractNot available to this employee 
   Other Contractual Post-Employment BenefitsNot available to this employee Not available to this employee Not available to this employee 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in CashNot available to this employee 
   Annual Option to Buy Back Vacation Time in CashNot available to this employee 
   Annual Option to Buy Back Personal Time in CashNot available to this employee 
   All Other In-Kind or Other Remuneration 
Additional CommentsPart time interim BA - no benefits 
Employee Name: Michael Poindexter 
Job TitleAccountant 
Base Annual Salary90,465 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract08/25/2009 
  Ending Date of Contract 
  Contracted Number of Annual Work Days240 
  Contracted Number of Annual Vacation Days 15 
  Contracted Number of Annual Sick Days 10 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days 16 
  Description of Other Contracted Non-working DaysHolidays 
Benefits: 
Allowances
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other8,874 
  Retirement Plans5,608 
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of ContractNot available to the employee 
   Buyback of Vacation Days at the End of ContractNot available to the employee 
   Buyback of Personal Days at the End of ContractNot available to the employee 
   Other Contractual Post-Employment BenefitsNot available to the employee Not available to the employee Not available to the employee 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in CashNot available to the employee 
   Annual Option to Buy Back Vacation Time in CashNot available to the employee 
   Annual Option to Buy Back Personal Time in CashNot available to the employee 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Miguel Hernandez 
Job TitleAssistant Superintendent 
Base Annual Salary146,880 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract08/01/2011 
  Ending Date of Contract 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 25 
  Contracted Number of Annual Sick Days 10 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days 16 
  Description of Other Contracted Non-working DaysHolidays 
Benefits: 
Allowances4,716 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other7,967 
  Retirement Plans9,753 
Contractual Post-Employment Benefits Amount27,115 
  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 ContractNot available to the employee 
   Other Contractual Post-Employment BenefitsNot available to the employee Not available to the employee Not available to the employee 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in CashNot available to employee 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in CashNot available to the employee 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: William Takacs 
Job TitleBusiness Administrator 
Base Annual Salary132,600 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract01/17/2012 
  Ending Date of Contract 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 25 
  Contracted Number of Annual Sick Days 10 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days 16 
  Description of Other Contracted Non-working DaysHolidays 
Benefits: 
Allowances1,780 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other14,269 
  Retirement Plans9,753 
Contractual Post-Employment Benefits Amount8,000 
  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 ContractNot available to the employee 
   Other Contractual Post-Employment BenefitsNot available to the employee Not available to the employee Not available to the employee 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in CashNot available to the employee 
   Annual Option to Buy Back Vacation Time in CashNot available to the employee 
   Annual Option to Buy Back Personal Time in CashNot available to the employee 
   All Other In-Kind or Other Remuneration 
Additional Comments