>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>MORRIS  >>MOUNTAIN LAKES BORO

User Friendly Budgets
2012-13

MORRIS - MOUNTAIN LAKES BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2010
Actual
October 15, 2011
Actual
October 15, 2012
Estimated
Pupils on Roll Regular Full-Time1,3111,2871,293
spacing
Pupils on Roll - Special Full-Time315313273
Pupils on Roll - Special Shared-Time131612
Private School Placements131416
spacing
Pupils Sent to Other Dists-Spec Ed Prog228
Pupils Received436429411
Pupils in State Facilities100

 

Advertised Revenues
Budget CategoryAccount2010-11
Actual
2011-12
Revised
2012-13
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 343,959 1,064,154
Withdrawal from Cap Res-for Local Share 10-307 0 0 427,860
Revenues from Local Sources:
Local Tax Levy 10-1210 18,254,489 18,254,489 18,254,489
Tuition 10-1300 14,962,051 14,257,348 13,249,764
Other Restricted Miscellaneous Revenues 10-1XXX 0 140,000 140,000
Unrestricted Miscellaneous Revenues 10-1XXX 156,748 40,000 44,400
SUBTOTAL  33,373,288 32,691,837 31,688,653
Revenues from State Sources:
Extraordinary Aid 10-3131 143,949 0 0
Other State Aids 10-3XXX 7,656 0 0
Categorical Special Education Aid 10-3132 0 337,749 711,269
Categorical Security Aid 10-3177 0 0 17,466
Categorical Transportation Aid 10-3121 0 0 20,897
SUBTOTAL  151,605 337,749 749,632
Revenues from Federal Sources:
SUBTOTAL  0 31,519 0
Adjustment for Prior Year Encumbrances  0 329,654 0
Actual Revenues (Over)/Under Expenditures  -1,037,796 0 0
TOTAL OPERATING BUDGET  32,487,097 33,734,718 33,930,299
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 224,834 0 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 237,163 206,162 206,162
TOTAL REVENUES FROM STATE SOURCES  237,163 206,162 206,162
Revenues from Federal Sources:
Title II 20-4451-4455 19,884 0 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 353,514 257,695 219,040
TOTAL REVENUES FROM FEDERAL SOURCES  373,398 257,695 219,040
TOTAL GRANTS AND ENTITLEMENTS  835,395 463,857 425,202
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 0 1
Revenues from Local Sources:
Local Tax Levy 40-1210 1,151,079 1,136,137 1,150,513
TOTAL REVENUES FROM LOCAL SOURCES  1,151,079 1,136,137 1,150,513
Revenues from State Sources:
Debt Service Aid Type II 40-3160 106,726 107,106 107,347
TOTAL LOCAL REPAYMENT OF DEBT  1,257,805 1,243,243 1,257,861
TOTAL REPAYMENT OF DEBT  1,257,805 1,243,243 1,257,861
TOTAL REVENUES/SOURCES  34,580,297 35,441,818 35,613,362
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL REVENUES/SOURCES NET OF TRANSFERS  34,580,297 35,441,818 35,613,362

 

Advertised Appropriations
Budget CategoryAccount2010-11
Expenditures
2011-12
Rev. Approp.
2012-13
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX8,372,1948,565,4848,492,107
Special Education 11-2XX-100-XXX6,227,2725,970,9595,660,685
Basic Skills/Remedial 11-230-100-XXX139,822141,919177,284
Bilingual Education 11-240-100-XXX06,5756,575
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX128,618160,120138,611
School Sponsored Athletics 11-402-100-XXX633,603653,254642,499
Support Services:
Tuition 11-000-100-XXX858,083905,151986,242
Health Services 11-000-213-XXX1,146,7421,018,0411,058,238
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217382,365386,492547,007
Guidance 11-000-218-XXX723,383732,766728,296
Child Study Teams 11-000-219-XXX496,062591,198536,612
Improvement of Instructional Services 11-000-221-XXX743,000756,517740,781
Educational Media Services - School Library 11-000-222-XXX471,183480,468492,038
Instructional Staff Training Services 11-000-223-XXX17,47720,36617,912
General Administration 11-000-230-XXX511,032435,903467,082
School Administration 11-000-240-XXX1,577,8591,638,1711,535,013
Central Svcs & Admin Info Technology 11-000-25X-XXX304,348307,757309,063
Operation and Maintenance of Plant Services 11-000-26X-XXX3,087,7973,295,7403,402,051
Student Transportation Services 11-000-270-XXX502,743521,893529,589
Personal Services - Employee Benefits 11-XXX-XXX-2XX5,127,5035,961,8916,318,076
Food Services 11-000-310-XXX37,46246,4980
Total Support Services Expenditures 15,987,03917,098,85217,668,000
TOTAL GENERAL CURRENT EXPENSE 31,488,54832,597,16332,785,761
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X13,795193,27350,250
Facilities Acquisition and Construction Services 12-000-4XX-XXX9,611283,380691,298
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931430,91800
TOTAL CAPITAL EXPENDITURES 454,324476,653741,548
Summer School:
Instruction 13-422-100-XXX390,046454,797390,857
Support Services 13-422-200-XXX154,179206,10512,133
Total Summer School 544,225660,902402,990
TOTAL SPECIAL SCHOOLS 544,225660,902402,990
OPERATING BUDGET GRAND TOTAL 32,487,09733,734,71833,930,299
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX224,83400
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX8,18500
Nonpublic Handicapped Services 20-XXX-XXX-XXX73,28047,83047,830
Nonpublic Nursing Services 20-XXX-XXX-XXX9,6988,3328,332
Other Special Projects 20-XXX-XXX-XXX146,000150,000150,000
Total State Projects 237,163206,162206,162
Federal Projects:
Title II 20-XXX-XXX-XXX19,88400
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX353,514257,695219,040
Total Federal Projects 373,398257,695219,040
TOTAL GRANTS AND ENTITLEMENTS 835,395463,857425,202
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX1,257,8051,243,2431,257,861
TOTAL REPAYMENT OF DEBT 1,257,8051,243,2431,257,861
Total Expenditures 34,580,29735,441,81835,613,362
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS 34,580,29735,441,81835,613,362

 

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 Budget1,061,6181,145,306601,347601,347
  Repayment of Debt1110
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve691,0261,063,7941,063,794635,934
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve49,7571,064,1541,064,1540
      Tuition Reserve400,000000
      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 Cost18,76018,37318,53819,38419,882
Total Classroom Instruction11,45911,03110,99711,54911,649
Classroom-Salaries and Benefits10,97210,54810,62811,10711,233
Classroom-General Supplies and Textbooks327321230272264
Classroom-Purchased Services and Other160162139170152
Total Support Services2,9672,9512,9823,1063,314
Support Services-Salaries and Benefits2,6892,7052,7922,8843,077
Total Administrative Costs1,6401,7551,7151,8251,816
Administration-Salaries and Benefits1,4501,5271,5011,5801,583
Legal Costs018323142
Total Operations and Maintenance of Plant2,0912,0802,1692,2922,421
Operations & Maintenance of Plant-Salary & Ben.9761,0141,0661,1151,141
Board Contribution to Food Services262329290
Total Extracurricular Costs557547578608602
Total Equipment Costs687512032
Employee Benefits as a % of Salaries24.32425.927.829

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.

 

Unusual Revenues and Appropriations
SourceAmountDescription
Savings from switch HB600,000 
Total Unusual Revenues600,000 

 

Shared Services
  • We currently share of B&G director with the Borough.
  • We are a member of Ed Data Purchasing Group.
  • We are a member of Aces for Energy.
  • We are a member of Eric West for Insurance.
  • We are a member of e rate for reimbursement on telecommunications.
  • We are in a self insurance workmans comp pool.
  • We share our postage and copy machine with the borough.
  • We share workers with the borough for repairs such as snow removal,water
  • pipe repairs, field maintenance,and any other specialized repair.

 

Estimated Tax Rate Information
A. Estimated 12-13 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy18,254,489 (A)
Estimated Net Taxable Valuation (as of 10/01/2011)1,293,069,079 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)x1001.4117 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy19,397,814 (D)
Estimated Net Taxable Valuation (as of 10/01/2011)1,293,069,079 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)x1001.5001 (F)
B. Estimated 12-13 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy18,254,489 (G)
Estimated Equalized Valuation (as of 10/01/2011)1,289,205,109 (H)
Estimated 12-13 Equalized General Fund School Tax Rate=(G)/(H)x1001.4159 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy19,397,814 (J)
Estimated Equalized Valuation (as of 10/01/2011)1,289,205,109 (K)
Estimated 12-13 Equalized Total School Tax Rate=(J)/(K)x1001.5046 (L)

 

Administrative Salaries
Employee Name: Daniel Borgo 
Job TitleBusiness Administrator 
Base Annual Salary179,724 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract08/01/2006 
  Ending Date of Contract06/30/2013 
  Contracted Number of Annual Work Days260 
  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: 
Allowances1,200 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount25,503 
  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: Dr Anne Mucci 
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 Contract07/01/2011 
  Ending Date of Contract06/30/2014 
  Contracted Number of Annual Work Days260 
  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: 
Allowances1,200 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount28,125 
  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