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User Friendly Budgets
2008

BURLINGTON - MEDFORD LAKES BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time461468477
spacing
Pupils on Roll - Special Full-Time647070
Private School Placements124

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 488,889 194,981
Revenues from Local Sources:
Local Tax Levy 10-1210 4,445,864 4,602,225 4,759,309
Tuition 10-1300 9,601 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 218,946 188,817 218,250
SUBTOTAL  4,674,411 4,791,042 4,977,559
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 346,136 346,136 0
Transportation Aid 10-3120 40,978 40,978 0
Special Education Aid 10-3130 513,978 513,978 0
Bilingual Education 10-3140 4,636 4,636 0
Extraordinary Aid 10-3131 8,411 0 28,617
Consolidated Aid 10-3195 31,032 31,032 0
Additional Formula Aid 10-3196 28,103 57,049 0
Other State Aids 10-3XXX 4,250 0 0
Categorical Special Education Aid 10-3132 0 0 267,773
Equalization Aid 10-3176 0 0 847,509
Categorical Security Aid 10-3177 0 0 35,156
Categorical Transportation Aid 10-3121 0 0 19,159
SUBTOTAL  977,524 993,809 1,198,214
Actual Revenues (Over)/Under Expenditures  191,502 0 0
TOTAL OPERATING BUDGET  5,843,437 6,273,740 6,370,754
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 3,851 25,073 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 556 0 0
TOTAL REVENUES FROM STATE SOURCES  556 0 0
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 95,375 101,562 81,992
Other 20-4XXX 21,128 29,335 12,766
TOTAL REVENUES FROM FEDERAL SOURCES  116,503 130,897 94,758
TOTAL GRANTS AND ENTITLEMENTS  120,910 155,970 94,758
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 0 2
Transfers from Other Funds 40-5200 69,294 171,542 0
Revenues from Local Sources:
Local Tax Levy 40-1210 485,688 300,474 470,973
TOTAL REVENUES FROM LOCAL SOURCES  485,688 300,474 470,973
Revenues from State Sources:
Debt Service Aid Type II 40-3160 46,206 0 0
TOTAL LOCAL REPAYMENT OF DEBT  601,188 472,016 470,975
TOTAL REPAYMENT OF DEBT  601,188 472,016 470,975
TOTAL REVENUES/SOURCES  6,565,535 6,901,726 6,936,487

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX2,105,3872,180,2992,126,129
Special Education 11-2XX-100-XXX919,501985,775978,342
Basic Skills/Remedial 11-230-100-XXX36,71433,20546,012
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX36,94639,54930,200
School Sponsored Athletics 11-402-100-XXX23,79127,24233,505
Support Services:
Tuition 11-000-100-XXX27,116123,911164,020
Attendance and Social Work Services 11-000-211-XXX6,41622,71218,120
Health Services 11-000-213-XXX98,073106,265112,163
Students - Related & Extraordinary 11-000-216,21769,76577,81072,018
Guidance 11-000-218-XXX40,90077,21695,824
Child Study Teams 11-000-219-XXX205,301199,724241,567
Improvement of Instructional Services 11-000-221-XXX11,15924,18018,590
Educational Media Services - School Library 11-000-222-XXX105,662114,573115,264
Instructional Staff Training Services 11-000-223-XXX16,63713,10012,500
General Administration 11-000-230-XXX253,701286,531278,596
School Administration 11-000-240-XXX155,545145,231150,002
Central Svcs & Admin Info Technology 11-000-25X-XXX179,459188,572196,670
Operation and Maintenance of Plant Services 11-000-26X-XXX629,494575,571638,318
Student Transportation Services 11-000-270-XXX79,141102,288144,519
Deposit to Current Expense Emergency Reserve 10-6070011,317
Personal Services - Employee Benefits 11-XXX-XXX-2XX773,803920,986858,078
Total Support Services Expenditures 2,652,1722,978,6703,116,249
TOTAL GENERAL CURRENT EXPENSE 5,774,5116,244,7406,341,754
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X5,02200
Facilities Acquisition and Construction Services 12-000-4XX-XXX63,90429,00029,000
TOTAL CAPITAL EXPENDITURES 68,92629,00029,000
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 5,843,4376,273,7406,370,754
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX3,85125,0730
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX55600
Total State Projects 55600
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX95,375101,56281,992
Other Special Projects 20-XXX-XXX-XXX21,12829,33512,766
Total Federal Projects 116,503130,89794,758
TOTAL GRANTS AND ENTITLEMENTS 120,910155,97094,758
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX601,188472,016470,975
TOTAL REPAYMENT OF DEBT 601,188472,016470,975
Total Expenditures 6,565,5356,901,7266,936,487

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/06
Audited
Balance
6/30/07
Estimated
Balance
6/30/08
Estimated
Balance
6/30/09
Unreserved:
  General Operating Budget115,808261,317411,317250,000
  Repayment of Debt2220
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve1111
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve854,456522,55333,6640
      Tuition Reserve0000
      Current Expense Emergency Reserve00011,317
  Reserved for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2005-06
Actual
2006-07
Actual
2007-08
Original
Budget
2007-08
Revised
Budget
2008-09
Proposed
Budget
Total Comparative Per Pupil Cost9,84710,65111,46411,18711,079
Total Classroom Instruction6,2506,7937,3437,1706,906
Classroom-Salaries and Benefits5,9466,3196,9806,8186,497
Classroom-General Supplies and Textbooks159282203195237
Classroom-Purchased Services and Other145193161157171
Total Support Services1,1341,1991,4251,3861,472
Support Services-Salaries and Benefits9159631,1781,1421,241
Total Administrative Costs1,2451,2721,3721,3391,327
Administration-Salaries and Benefits9341,0091,0621,0371,052
Total Operations and Maintenance of Plant1,0991,2521,1731,1441,238
Operations & Maintenance of Plant-Salary & Ben.393420425414403
Total Food Services Costs00000
Total Extracurricular Costs119134151148137
Total Equipment Costs59000
Employee Benefits as a % of Salaries20.719.721.821.921.3

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2008 Comparative Spending Guide and can be found on the Department of Education's Internet address: http://www.state.nj.us/education under Finance, when available. This publication is available in the board office and public libraries. The same calculations were performed using the 2007-08 revised appropriations and the 2008-09 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
  • ACES (NJASBO), Electricity
  • ACT (NJASBO), Communication
  • AESOP, Sub Calling
  • BCSSD: Ed Services Unit, CST, OT/PT, transportation
  • Burl Co JIF, Insurance: P&C, W/C
  • Educational Data Svc, School Supplies
  • Medford School District, Spec. Ed. Transportation, Copy Paper
  • Southampton, Tabernacle & Medford Lakes, Professional Development Consori
  • tium
  • Business Partnership with Murphy Market, Professional Development and clu
  • b supplies
  • Medford Lakes Municipality, fuel, snow and trash removal

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,759,309 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)232,075,420 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1002.0508 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy5,230,282 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)232,075,420 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1002.2537 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,759,309 (G)
Estimated Equalized Valuation (as of 10/01/2007)481,545,250 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.9883 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy5,230,282 (J)
Estimated Equalized Valuation (as of 10/01/2007)481,545,250 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.0861 (L)