>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>PASSAIC  >>LITTLE FALLS TWP

User Friendly Budgets
2012-13

PASSAIC - LITTLE FALLS TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2010
Actual
October 15, 2011
Actual
October 15, 2012
Estimated
Pupils on Roll Regular Full-Time808793790
spacing
Pupils on Roll - Special Full-Time120124127
Private School Placements678
spacing
Pupils Sent to Other Dists-Spec Ed Prog010
Pupils Received443

 

Advertised Revenues
Budget CategoryAccount2010-11
Actual
2011-12
Revised
2012-13
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 0 300,741
Withdrawal from Cap Res-for Local Share 10-307 0 287,500 190,146
Revenues from Local Sources:
Local Tax Levy 10-1210 12,113,531 12,355,802 12,355,802
Tuition 10-1300 257,695 174,199 156,984
Interest Earned on Current Expense Emergency Res 10-1XXX 0 200 400
Interest Earned on Capital Reserve Funds 10-1XXX 0 500 800
Other Restricted Miscellaneous Revenues 10-1XXX 6,710 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 20,247 2,000 1,200
SUBTOTAL  12,398,183 12,532,701 12,515,186
Revenues from State Sources:
Extraordinary Aid 10-3131 167,245 200,552 0
Other State Aids 10-3XXX 12,702 0 0
Categorical Special Education Aid 10-3132 173,689 297,467 458,794
Categorical Security Aid 10-3177 0 0 16,044
Categorical Transportation Aid 10-3121 0 0 36,363
SUBTOTAL  353,636 498,019 511,201
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 13,844 9,410 0
SUBTOTAL  13,844 35,652 0
Adjustment for Prior Year Encumbrances  0 83,850 0
Actual Revenues (Over)/Under Expenditures  -618,232 0 0
TOTAL OPERATING BUDGET  12,147,431 13,437,722 13,517,274
GRANTS AND ENTITLEMENTS
Revenues from Federal Sources:
Title I 20-4411-4416 41,801 41,137 50,832
Title II 20-4451-4455 27,045 22,902 19,156
Title III 20-4491-4494 9,367 5,667 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 298,163 163,001 164,540
TOTAL REVENUES FROM FEDERAL SOURCES  376,376 232,707 234,528
TOTAL GRANTS AND ENTITLEMENTS  376,376 232,707 234,528
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 233,585 223,676 218,725
Miscellaneous 40-1XXX 107,710 0 0
TOTAL REVENUES FROM LOCAL SOURCES  341,295 223,676 218,725
TOTAL LOCAL REPAYMENT OF DEBT  341,295 223,676 218,725
TOTAL REPAYMENT OF DEBT  341,295 223,676 218,725
TOTAL REVENUES/SOURCES  12,865,102 13,894,105 13,970,527
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL REVENUES/SOURCES NET OF TRANSFERS  12,865,102 13,894,105 13,970,527

 

Advertised Appropriations
Budget CategoryAccount2010-11
Expenditures
2011-12
Rev. Approp.
2012-13
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX3,674,1434,244,0614,190,393
Special Education 11-2XX-100-XXX1,801,8812,079,9101,916,757
Basic Skills/Remedial 11-230-100-XXX94,546123,18639,394
Bilingual Education 11-240-100-XXX86,57790,76387,941
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX30,00030,00030,750
Support Services:
Tuition 11-000-100-XXX277,206334,042368,496
Health Services 11-000-213-XXX237,186238,352251,109
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217390,105455,422628,493
Guidance 11-000-218-XXX59,11262,50859,818
Child Study Teams 11-000-219-XXX551,838573,369573,103
Improvement of Instructional Services 11-000-221-XXX1,69930,30044,900
Educational Media Services - School Library 11-000-222-XXX339,798160,072201,743
Instructional Staff Training Services 11-000-223-XXX10,00010,00015,155
General Administration 11-000-230-XXX358,653342,748316,949
School Administration 11-000-240-XXX426,851441,046449,836
Central Svcs & Admin Info Technology 11-000-25X-XXX214,024248,990246,525
Operation and Maintenance of Plant Services 11-000-26X-XXX850,909955,449994,489
Student Transportation Services 11-000-270-XXX460,357460,428475,494
Interest Earned on Current Expense Emergency Res 10-6070200400
Personal Services - Employee Benefits 11-XXX-XXX-2XX2,238,9942,268,8762,434,583
Food Services 11-000-310-XXX18,00000
Total Support Services Expenditures 6,434,7326,581,6027,060,693
TOTAL GENERAL CURRENT EXPENSE 12,121,87913,149,72213,326,328
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-6040500800
Equipment 12-XXX-XXX-73X52400
Facilities Acquisition and Construction Services 12-000-4XX-XXX25,02814,67920,146
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-9310272,821170,000
TOTAL CAPITAL EXPENDITURES 25,552288,000190,946
OPERATING BUDGET GRAND TOTAL 12,147,43113,437,72213,517,274
SPECIAL GRANTS AND ENTITLEMENTS
Federal Projects:
Title I 20-XXX-XXX-XXX41,80141,13750,832
Title II 20-XXX-XXX-XXX27,04522,90219,156
Title III 20-XXX-XXX-XXX9,3675,6670
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX298,163163,001164,540
Total Federal Projects 376,376232,707234,528
TOTAL GRANTS AND ENTITLEMENTS 376,376232,707234,528
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX341,295223,676218,725
TOTAL REPAYMENT OF DEBT 341,295223,676218,725
Total Expenditures 12,865,10213,894,10513,970,527
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS 12,865,10213,894,10513,970,527

 

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 Budget356,730262,702262,702262,702
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve426,750931,0181,010,909821,563
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve113,216300,741300,7410
      Tuition Reserve0000
      Current Expense Emergency Reserve200,000201,000201,200201,600
  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 Cost12,34612,13113,29513,47313,612
Total Classroom Instruction7,5828,4148,7358,8478,571
Classroom-Salaries and Benefits7,1578,0188,2988,3528,121
Classroom-General Supplies and Textbooks272240216273255
Classroom-Purchased Services and Other153156221222194
Total Support Services2,2361,6942,0072,0212,374
Support Services-Salaries and Benefits2,0191,4861,7051,7162,014
Total Administrative Costs1,3641,0651,3291,3611,361
Administration-Salaries and Benefits1,1468401,1341,1411,175
Legal Costs045362727
Total Operations and Maintenance of Plant1,0649071,1621,1811,241
Operations & Maintenance of Plant-Salary & Ben.591488672676716
Board Contribution to Food Services1919000
Total Extracurricular Costs6332414143
Total Equipment Costs141000
Employee Benefits as a % of Salaries2927.925.925.927.9

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
  • Gasoline for District vehicles purchased from Little Falls Twsp
  • Little Falls Twsp DPW provides salt and sand for snow removal
  • Food Service operation satellited with PVHS
  • Participate with EdData for purchasing supplies/materials
  • Participate with NJSBAIG - all Insurance coverages
  • ACES for electric costs
  • Special Education Tuition Programs offered to other LEA's

 

Estimated Tax Rate Information
A. Estimated 12-13 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy12,355,802 (A)
Estimated Net Taxable Valuation (as of 10/01/2011)1,909,597,900 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)x1000.6470 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy12,560,260 (D)
Estimated Net Taxable Valuation (as of 10/01/2011)1,909,597,900 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)x1000.6577 (F)
B. Estimated 12-13 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy12,355,802 (G)
Estimated Equalized Valuation (as of 10/01/2011)1,906,747,423 (H)
Estimated 12-13 Equalized General Fund School Tax Rate=(G)/(H)x1000.6480 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy12,560,260 (J)
Estimated Equalized Valuation (as of 10/01/2011)1,906,747,423 (K)
Estimated 12-13 Equalized Total School Tax Rate=(J)/(K)x1000.6587 (L)

 

Administrative Salaries
Employee Name: Louise B. Davis 
Job TitleBusiness Administrator Board Secretary 
Base Annual Salary114,400 
Full Time Equivalents (FTE)0.8 
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 Days208 
  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 Days 
Benefits: 
Allowances
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 BenefitsInterim holding SBA/BS position 
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: Sherri Glassman 
Job TitlePsychologist 
Base Annual Salary115,682 
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 Days240 
  Contracted Number of Annual Vacation Days 20 
  Contracted Number of Annual Sick Days 14 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days 23 
  Description of Other Contracted Non-working DaysHolidays 
Benefits: 
Allowances
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount15,000 
  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 ContractCapped per 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: Thomas Bisignano 
Job TitleCoordinator/Dir./Mgr./Supvr. 
Base Annual Salary86,692 
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 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 12 
  Description of Other Contracted Non-working DaysHolidays 
Benefits: 
Allowances
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount10,000 
  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 ContractCapped per 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 T. Petrick 
Job TitleSuperintendent Principal School # 3 
Base Annual Salary145,000 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract08/22/2011 
  Ending Date of Contract06/30/2015 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 15 
  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 12 
  Description of Other Contracted Non-working DaysHolidays 
Benefits: 
Allowances
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 BenefitsThe Superintendent has not had enough time in District 
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