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User Friendly Budgets
2008

MIDDLESEX - HELMETTA BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Private School Placements920
spacing
Pupils Sent to Other Districts-Reg Prog233240244
Pupils Sent to Other Dists-Spec Ed Prog434951

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 69,812 142,000
Revenues from Local Sources:
Local Tax Levy 10-1210 2,987,666 2,987,666 3,069,427
Unrestricted Miscellaneous Revenues 10-1XXX 59,398 9,600 12,000
SUBTOTAL  3,047,064 2,997,266 3,081,427
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 256,803 256,803 0
Transportation Aid 10-3120 148,950 148,950 0
Special Education Aid 10-3130 311,856 311,856 0
Bilingual Education 10-3140 45,210 45,210 0
Extraordinary Aid 10-3131 35,950 0 50,220
Consolidated Aid 10-3195 32,697 32,697 0
Additional Formula Aid 10-3196 23,865 48,446 0
Other State Aids 10-3XXX 580 23,341 0
Categorical Special Education Aid 10-3132 0 0 161,883
Equalization Aid 10-3176 0 0 663,368
Categorical Security Aid 10-3177 0 0 25,011
Categorical Transportation Aid 10-3121 0 0 176,417
SUBTOTAL  855,911 867,303 1,076,899
Actual Revenues (Over)/Under Expenditures  -55,880 0 0
TOTAL OPERATING BUDGET  3,847,095 3,934,381 4,300,326
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 2,669 0 0
TOTAL REVENUES FROM STATE SOURCES  2,669 0 0
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 50,655 43,057 43,057
TOTAL REVENUES FROM FEDERAL SOURCES  50,655 43,057 43,057
TOTAL GRANTS AND ENTITLEMENTS  53,324 43,057 43,057
TOTAL REVENUES/SOURCES  3,900,419 3,977,438 4,343,383

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Support Services:
Tuition 11-000-100-XXX3,511,7133,558,2783,904,415
Attendance and Social Work Services 11-000-211-XXX5251,5511,579
Child Study Teams 11-000-219-XXX1,30000
General Administration 11-000-230-XXX17,90616,66517,218
Central Svcs & Admin Info Technology 11-000-25X-XXX22,86924,01225,213
Student Transportation Services 11-000-270-XXX286,449331,207349,128
Personal Services - Employee Benefits 11-XXX-XXX-2XX6,3332,6682,773
Total Support Services Expenditures 3,847,0953,934,3814,300,326
TOTAL GENERAL CURRENT EXPENSE 3,847,0953,934,3814,300,326
CAPITAL EXPENDITURES
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 3,847,0953,934,3814,300,326
GRANTS AND ENTITLEMENTS
Other State Projects:
Nonpublic Handicapped Services 20-XXX-XXX-XXX2,66900
Total State Projects 2,66900
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX50,65543,05743,057
Total Federal Projects 50,65543,05743,057
TOTAL GRANTS AND ENTITLEMENTS 53,32443,05743,057
REPAYMENT OF DEBT
Total Expenditures 3,900,4193,977,4384,343,383

 

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 Budget192,000311,855277,993135,993
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve0000
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve99,92535,95000
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Reserved for Repayment of Debt0000

 

Shared Services
  • The Helmetta Board of Education is a non-operating school district that
  • does not have any schools. The shared services that we utilize are
  • insurance and telephone. We also jointure with Monroe school district
  • for transportation. We have an interlocal with Spotswood Board of
  • Education to take care of the day to day transportation concerns.
  • Helmetta Board of Education also sends students to the special education
  • programs offered by the Middlesex Regional Educational Services
  • Commission. Transportation jointures are also arranged through the
  • Middlesex Regional Educational Services Commission.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy3,069,427 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)250,640,757 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.2246 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy3,069,427 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)250,640,757 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.2246 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy3,069,427 (G)
Estimated Equalized Valuation (as of 10/01/2007)252,075,852 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1001.2177 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy3,069,427 (J)
Estimated Equalized Valuation (as of 10/01/2007)252,075,852 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.2177 (L)