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User Friendly Budgets
2008

MORRIS - HANOVER PARK REGIONAL

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time1,3071,2981,302
Pupils on Roll Regular Shared-Time18918
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Pupils on Roll - Special Full-Time188195195
Pupils on Roll - Special Shared-Time756
Private School Placements141925
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Pupils Sent to Other Districts-Reg Prog010
Pupils Sent to Other Dists-Spec Ed Prog322
Pupils in State Facilities100

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 3,053,201 2,987,765
Transfers from Other Funds 10-5200 1,244,320 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 21,772,560 22,643,462 23,549,200
Interest Earned on Capital Reserve Funds 10-1XXX 10,566 10,000 10,000
Unrestricted Miscellaneous Revenues 10-1XXX 324,338 175,000 175,000
SUBTOTAL  22,107,464 22,828,462 23,734,200
Revenues from State Sources:
Transportation Aid 10-3120 425,716 425,716 0
Special Education Aid 10-3130 713,035 713,035 0
Bilingual Education 10-3140 6,990 6,990 0
Extraordinary Aid 10-3131 47,483 0 104,467
Consolidated Aid 10-3195 77,819 77,819 0
Additional Formula Aid 10-3196 36,707 77,280 0
Other State Aids 10-3XXX 111,867 92,179 0
Categorical Special Education Aid 10-3132 0 0 880,612
Categorical Security Aid 10-3177 0 0 115,742
Categorical Transportation Aid 10-3121 0 0 448,601
SUBTOTAL  1,419,617 1,393,019 1,549,422
Adjustment for Prior Year Encumbrances  0 741,250 0
Actual Revenues (Over)/Under Expenditures  -1,648,618 0 0
TOTAL OPERATING BUDGET  23,122,783 28,015,932 28,271,387
GRANTS AND ENTITLEMENTS
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 247,963 256,735 256,735
Other 20-4XXX 18,111 18,654 18,654
TOTAL REVENUES FROM FEDERAL SOURCES  266,074 275,389 275,389
TOTAL GRANTS AND ENTITLEMENTS  266,074 275,389 275,389
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 1 0
Revenues from Local Sources:
Local Tax Levy 40-1210 2,220,783 2,287,094 2,248,595
TOTAL REVENUES FROM LOCAL SOURCES  2,220,783 2,287,094 2,248,595
TOTAL LOCAL REPAYMENT OF DEBT  2,220,783 2,287,095 2,248,595
Actual Revenues (Over)/Under Expenditures  3,062 0 0
TOTAL REPAYMENT OF DEBT  2,223,845 2,287,095 2,248,595
TOTAL REVENUES/SOURCES  25,612,702 30,578,416 30,795,371

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX8,068,9429,223,3429,441,142
Special Education 11-2XX-100-XXX1,204,2661,398,8321,460,907
Basic Skills/Remedial 11-230-100-XXX177,765193,42395,935
Bilingual Education 11-240-100-XXX46526,03326,882
Vocational Programs - Local 11-3XX-100-XXX27,56229,30431,803
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX261,651292,969287,083
School Sponsored Athletics 11-402-100-XXX1,057,7911,198,5521,175,903
Support Services:
Tuition 11-000-100-XXX814,2051,234,5151,377,481
Attendance and Social Work Services 11-000-211-XXX118,418135,063136,247
Health Services 11-000-213-XXX194,545237,943253,019
Students - Related & Extraordinary 11-000-216,217103,478192,622266,244
Guidance 11-000-218-XXX887,324967,3271,008,997
Child Study Teams 11-000-219-XXX488,661546,224544,087
Improvement of Instructional Services 11-000-221-XXX157,380181,488179,218
Educational Media Services - School Library 11-000-222-XXX328,138354,277350,118
Instructional Staff Training Services 11-000-223-XXX84,410100,320107,504
General Administration 11-000-230-XXX584,206756,085675,508
School Administration 11-000-240-XXX953,5041,064,4611,064,885
Central Svcs & Admin Info Technology 11-000-25X-XXX321,123388,440699,942
Operation and Maintenance of Plant Services 11-000-26X-XXX2,335,7202,984,0253,038,844
Student Transportation Services 11-000-270-XXX1,115,1871,367,0791,379,334
Personal Services - Employee Benefits 11-XXX-XXX-2XX3,482,9594,231,5224,363,950
Food Services 11-000-310-XXX19,05612,10012,585
Total Support Services Expenditures 11,988,31414,753,49115,457,963
TOTAL GENERAL CURRENT EXPENSE 22,786,75627,115,94627,977,618
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604010,00010,000
Equipment 12-XXX-XXX-73X336,027288,986283,769
Facilities Acquisition and Construction Services 12-000-4XX-XXX0601,0000
TOTAL CAPITAL EXPENDITURES 336,027899,986293,769
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 23,122,78328,015,93228,271,387
GRANTS AND ENTITLEMENTS
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX247,963256,735256,735
Other Special Projects 20-XXX-XXX-XXX18,11118,65418,654
Total Federal Projects 266,074275,389275,389
TOTAL GRANTS AND ENTITLEMENTS 266,074275,389275,389
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX2,223,8452,287,0952,248,595
TOTAL REPAYMENT OF DEBT 2,223,8452,287,0952,248,595
Total Expenditures 25,612,70230,578,41630,795,371

 

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 Budget525,495521,383509,939509,939
  Repayment of Debt3,063100
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve777,381787,947797,947807,947
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve4,638,5696,029,5222,987,7650
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  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 Cost13,67013,37515,51616,34216,508
Total Classroom Instruction7,4697,3708,5088,8849,007
Classroom-Salaries and Benefits7,0317,0288,0418,3818,400
Classroom-General Supplies and Textbooks322246299321431
Classroom-Purchased Services and Other11696168182177
Total Support Services1,8441,8222,0842,1902,277
Support Services-Salaries and Benefits1,6971,6711,8701,9451,959
Total Administrative Costs1,4351,4181,6051,7491,690
Administration-Salaries and Benefits1,1871,2291,3341,4211,391
Total Operations and Maintenance of Plant1,7721,6562,0522,1922,225
Operations & Maintenance of Plant-Salary & Ben.9048639981,0371,054
Total Food Services Costs712888
Total Extracurricular Costs1,0289861,1211,1721,151
Total Equipment Costs120216151193188
Employee Benefits as a % of Salaries21.222.524.724.325

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
  • East Hanover BOE-
  • Transport students to and from school, Transport non-public students to a
  • nd from school, Transport special needs students to and from school, Tran
  • sport athletic teams to and from events, Transport students to extracurri
  • cular educational events, Plan and design of all school bus routes and pr
  • eparation of state reports, Maintenance of and tire work all school buses
  • , State inspection of all school buses, Road call service for all school
  • buses, Training and evaluation of all school bus drivers, Advise on all F
  • ederal, State, and Municipal regulations, Provide loaner buses, Professio
  • nal Development, Cooperative Purchasing of Vehicles and Equipment, Federa
  • l Safe Routes Program
  • East Hanover Township-
  • School Resource Officer, Police Train at Hanover Park High School
  • Florham Park BOE-
  • Transport special needs students to and from school, Maintenance of and T
  • ire work of all school buses, State inspection of all school buses, Road
  • call service for all school buses, Assist planning and design of all scho
  • ol bus routes and preparation of state reports, Advise on all Federal, St
  • ate, and Municipal regulations, Provide loaner buses, Professional Develo
  • pment
  • Hanover Township BOE-
  • Transport special needs school students to and from school, Major Mainten
  • ance and tire work of all school buses, Assist with State inspection of a
  • ll school buses, Advise on all Federal, State, and Municipal regulations
  • Assist Planning and design of All school bus routes and preparation of st
  • ate reports, Transport students to extracurricular educational events
  • Provide loaner buses, Professional Development
  • Hanover Township-
  • School Resource Officer, Equipment Sharing, Fire Department Trained at Wh
  • ippany Park
  • Madison BOE-
  • Transport athletic teams to and from events, Transport students to extrac
  • urricular events, Maintenance of all school buses, Tire work for all buse
  • s, State inspection of all school buses, Road call service for all school
  • buses, Advise on all Federal, state, and municipal regulations

 

Estimated Tax Rate Information
E HANOVER
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy8,822,882 (A)
Estimated Net Taxable Valuation (as of 02/01/2008)2,499,824,800 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.3529 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy9,665,334 (D)
Estimated Net Taxable Valuation (as of 02/01/2008)2,499,824,800 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.3866 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy8,822,882 (G)
Estimated Equalized Valuation (as of 10/01/2007)3,630,082,392 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.2430 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy9,665,334 (J)
Estimated Equalized Valuation (as of 10/01/2007)3,630,082,392 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.2663 (L)
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FLORHAM PARK
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy6,108,769 (A)
Estimated Net Taxable Valuation (as of 02/01/2008)3,312,427,191 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.1844 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy6,692,064 (D)
Estimated Net Taxable Valuation (as of 02/01/2008)3,312,427,191 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.2020 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy6,108,769 (G)
Estimated Equalized Valuation (as of 10/01/2007)3,279,776,603 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.1863 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy6,692,064 (J)
Estimated Equalized Valuation (as of 10/01/2007)3,279,776,603 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.2040 (L)
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HANOVER TWP
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy8,617,550 (A)
Estimated Net Taxable Valuation (as of 02/01/2008)2,039,915,715 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.4224 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy9,440,396 (D)
Estimated Net Taxable Valuation (as of 02/01/2008)2,039,915,715 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.4628 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy8,617,550 (G)
Estimated Equalized Valuation (as of 10/01/2007)4,107,354,947 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.2098 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy9,440,396 (J)
Estimated Equalized Valuation (as of 10/01/2007)4,107,354,947 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.2298 (L)