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User Friendly Budgets
2012-13

MORRIS - PEQUANNOCK TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2010
Actual
October 15, 2011
Actual
October 15, 2012
Estimated
Pupils on Roll Regular Full-Time1,9981,9431,923
Pupils on Roll Regular Shared-Time420
spacing
Pupils on Roll - Special Full-Time317308302
Pupils on Roll - Special Shared-Time777
Private School Placements212741
spacing
Pupils Sent to Other Districts-Reg Prog0039
Pupils Sent to Other Dists-Spec Ed Prog664
Pupils Received534

 

Advertised Revenues
Budget CategoryAccount2010-11
Actual
2011-12
Revised
2012-13
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 1,732,696 1,415,938
Withdrawal from Cap Res-for Local Share 10-307 0 812,963 0
Revenues from Local Sources:
Local Tax Levy 10-1210 30,946,682 30,946,682 30,921,682
Tuition 10-1300 290,475 350,000 280,000
Transportation Fees from Other LEAs 10-1420-1440 35,429 26,000 15,000
Interest Earned on Capital Reserve Funds 10-1XXX 2,645 2,000 1,000
Unrestricted Miscellaneous Revenues 10-1XXX 191,161 205,600 95,293
SUBTOTAL  31,466,392 31,530,282 31,312,975
Revenues from State Sources:
Extraordinary Aid 10-3131 385,528 0 100,000
Other State Aids 10-3XXX 21,100 0 0
Categorical Special Education Aid 10-3132 1,153,148 1,341,187 1,412,653
Equalization Aid 10-3176 0 169,179 623,805
Categorical Security Aid 10-3177 0 0 33,391
Categorical Transportation Aid 10-3121 0 0 70,379
SUBTOTAL  1,559,776 1,510,366 2,240,228
Revenues from Federal Sources:
SUBTOTAL  0 100,387 0
Adjustment for Prior Year Encumbrances  0 464,624 0
Actual Revenues (Over)/Under Expenditures  -218,523 0 0
TOTAL OPERATING BUDGET  32,807,645 36,151,318 34,969,141
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 18,459 13,700 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 179,319 143,010 0
TOTAL REVENUES FROM STATE SOURCES  179,319 143,010 0
Revenues from Federal Sources:
Title I 20-4411-4416 13,800 69,100 58,735
Title II 20-4451-4455 40,430 0 0
Title IV 20-4471-4474 242 0 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 1,035,413 510,918 434,279
TOTAL REVENUES FROM FEDERAL SOURCES  1,089,885 580,018 493,014
TOTAL GRANTS AND ENTITLEMENTS  1,287,663 736,728 493,014
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 143 12,556
Transfers from Other Funds 40-5200 12,499 0 40,000
Revenues from Local Sources:
Local Tax Levy 40-1210 893,390 769,537 714,845
Miscellaneous 40-1XXX 57 0 0
TOTAL REVENUES FROM LOCAL SOURCES  893,447 769,537 714,845
Revenues from State Sources:
Debt Service Aid Type II 40-3160 436,975 347,020 346,012
TOTAL LOCAL REPAYMENT OF DEBT  1,342,921 1,116,700 1,113,413
Actual Revenues (Over)/Under Expenditures  -11,646 0 0
TOTAL REPAYMENT OF DEBT  1,331,275 1,116,700 1,113,413
TOTAL REVENUES/SOURCES  35,426,583 38,004,746 36,575,568
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL REVENUES/SOURCES NET OF TRANSFERS  35,426,583 38,004,746 36,575,568

 

Advertised Appropriations
Budget CategoryAccount2010-11
Expenditures
2011-12
Rev. Approp.
2012-13
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX11,478,99512,047,74711,725,960
Special Education 11-2XX-100-XXX3,194,7923,431,5853,419,851
Basic Skills/Remedial 11-230-100-XXX172,208231,514251,390
Bilingual Education 11-240-100-XXX30,88033,82934,047
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX168,022189,841177,850
School Sponsored Athletics 11-402-100-XXX483,737520,501517,727
Other Instructional Programs 11-4XX-100-XXX1,79953,7220
Support Services:
Tuition 11-000-100-XXX1,653,7702,134,3062,035,636
Health Services 11-000-213-XXX407,684386,440386,314
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217633,116732,583855,537
Guidance 11-000-218-XXX671,648689,887702,806
Child Study Teams 11-000-219-XXX607,654777,482809,643
Improvement of Instructional Services 11-000-221-XXX272,347371,482375,594
Educational Media Services - School Library 11-000-222-XXX549,446465,884468,443
Instructional Staff Training Services 11-000-223-XXX3,29235,10035,700
General Administration 11-000-230-XXX740,097741,768739,090
School Administration 11-000-240-XXX1,665,5691,857,7511,613,251
Central Svcs & Admin Info Technology 11-000-25X-XXX619,348692,132701,175
Operation and Maintenance of Plant Services 11-000-26X-XXX2,569,5762,666,8462,658,589
Student Transportation Services 11-000-270-XXX896,063956,340892,940
Personal Services - Employee Benefits 11-XXX-XXX-2XX5,599,0835,693,6146,552,205
Total Support Services Expenditures 16,888,69318,201,61518,826,923
TOTAL GENERAL CURRENT EXPENSE 32,419,12634,710,35434,953,748
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-60402,0001,000
Equipment 12-XXX-XXX-73X223,520201,84811,600
Facilities Acquisition and Construction Services 12-000-4XX-XXX143,8801,214,5262,793
TOTAL CAPITAL EXPENDITURES 367,4001,418,37415,393
Transfer of Funds to Charter Schools 10-000-100-56X21,11922,5900
OPERATING BUDGET GRAND TOTAL 32,807,64536,151,31834,969,141
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX18,45913,7000
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX19,26820,0600
Nonpublic Auxiliary Services 20-XXX-XXX-XXX47,75828,5000
Nonpublic Handicapped Services 20-XXX-XXX-XXX89,03161,3000
Nonpublic Nursing Services 20-XXX-XXX-XXX22,83221,2500
Nonpublic Technology Initiative 20-XXX-XXX-XXX011,9000
Other Special Projects 20-XXX-XXX-XXX43000
Total State Projects 179,319143,0100
Federal Projects:
Title I 20-XXX-XXX-XXX13,80069,10058,735
Title II 20-XXX-XXX-XXX40,43000
Title IV 20-XXX-XXX-XXX24200
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX1,035,413510,918434,279
Total Federal Projects 1,089,885580,018493,014
TOTAL GRANTS AND ENTITLEMENTS 1,287,663736,728493,014
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX1,331,2751,116,7001,113,413
TOTAL REPAYMENT OF DEBT 1,331,2751,116,7001,113,413
Total Expenditures 35,426,58338,004,74636,575,568
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS 35,426,58338,004,74636,575,568

 

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 Budget1,516,1921,673,0331,034,471677,253
  Repayment of Debt1,05312,69912,5560
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve614,1981,616,8431,555,8801,556,880
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve2,494,4291,943,1741,206,258147,538
      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 Cost12,97112,80813,31714,02514,371
Total Classroom Instruction8,1487,9888,3628,6528,870
Classroom-Salaries and Benefits7,4567,3477,7397,8128,324
Classroom-General Supplies and Textbooks479498368581394
Classroom-Purchased Services and Other213143255260152
Total Support Services1,7641,6741,7951,8862,039
Support Services-Salaries and Benefits1,5771,5161,5921,6701,747
Total Administrative Costs1,6301,6431,6441,7611,698
Administration-Salaries and Benefits1,3861,3621,3851,4291,404
Legal Costs039546256
Total Operations and Maintenance of Plant1,1481,2231,2351,3201,355
Operations & Maintenance of Plant-Salary & Ben.616602664651692
Board Contribution to Food Services00000
Total Extracurricular Costs281280281378383
Total Equipment Costs33960905
Employee Benefits as a % of Salaries25.827.529.626.730.5

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
  • District is a member of Ed-data purchasing coop
  • District is a member of MRESC purchasing coop
  • District utilizes NJ State contract vendors
  • Joint transportation agreements with Butler and Kinnelon school districts
  • District is a member of NJ Pooled Insurance Program
  • District participates in ACES -Cooperative for energy purchases
  • District participates in ERATE - Telecommunications
  • Agreement with Pequannock Township for purchase of fuel
  • Agreement with Pequannock Township for maintenance of fields
  • District has joint transportation agreement with Wayne School District
  • District recieved students from Lincoln Park,Bloomingdale, Riverdale, and
  • Kinnelon for special education
  • District has a joint transportation agreement with West Milford Schools

 

Estimated Tax Rate Information
A. Estimated 12-13 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy30,934,182 (A)
Estimated Net Taxable Valuation (as of 02/27/2012)2,415,789,200 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)x1001.2805 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy31,885,995 (D)
Estimated Net Taxable Valuation (as of 02/27/2012)2,415,789,200 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)x1001.3199 (F)
B. Estimated 12-13 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy30,934,182 (G)
Estimated Equalized Valuation (as of 02/27/2012)2,415,789,200 (H)
Estimated 12-13 Equalized General Fund School Tax Rate=(G)/(H)x1001.2805 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy31,885,995 (J)
Estimated Equalized Valuation (as of 02/27/2012)2,415,789,200 (K)
Estimated 12-13 Equalized Total School Tax Rate=(J)/(K)x1001.3199 (L)

 

Administrative Salaries
Employee Name: Joseph Vasti 
Job TitleCoordinator/Dir./Mgr./Supvr. Director of Facilities 
Base Annual Salary97,512 
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 Contract06/30/2012 
  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: 
Allowances580 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount1,372 
  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: Rosalie Winning 
Job TitleAssistant Superintendent Curriculum 
Base Annual Salary138,636 
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 Contract06/30/2012 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 26 
  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: 
Allowances9,800 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount30,000 
  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 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: Victor Hayek 
Job TitleBusiness Administrator Board Secretary 
Base Annual Salary130,000 
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 Contract06/30/2012 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 26 
  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: 
Allowances1,580 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount30,000 
  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 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: William Trusheim 
Job TitleSuperintendent 
Base Annual Salary182,926 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract02/01/2009 
  Ending Date of Contract06/30/2012 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 26 
  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: 
Allowances480 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other642 
  Retirement Plans
Contractual Post-Employment Benefits Amount30,000 
  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 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: William Welfel 
Job TitleCoordinator/Dir./Mgr./Supvr. Director of Technology 
Base Annual Salary86,672 
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 Contract06/30/2012 
  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: 
Allowances730 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount2,500 
  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