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User Friendly Budgets
2008

MORRIS - MONTVILLE TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time3,6473,7363,849
Pupils on Roll Regular Shared-Time1122
spacing
Pupils on Roll - Special Full-Time512517529
Pupils on Roll - Special Shared-Time233
Private School Placements363840
spacing
Pupils Sent to Contracted Preschool Prog022
Pupils Sent to Other Dists-Spec Ed Prog71010
Pupils Received412
Pupils in State Facilities122

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 1,792,314 1,402,727
Transfers from Other Funds 10-5200 99,397 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 52,779,206 53,979,874 56,002,556
Other Local Governmental Units - Restricted 10-12XX 200,000 0 0
Tuition 10-1300 40,450 37,440 19,329
Transportation Fees from Individuals 10-1410 312,716 300,000 300,000
Interest Earned on Capital Reserve Funds 10-1XXX 7,332 4,000 4,000
Unrestricted Miscellaneous Revenues 10-1XXX 638,887 561,261 507,243
SUBTOTAL  53,978,591 54,882,575 56,833,128
Revenues from Intermediate Sources:
Unrestricted Revenues from Intermediate Sources 10-2000 0 0 1,500,000
TOTAL REVENUES FROM INTERMEDIATE SOURCES  0 0 1,500,000
Revenues from State Sources:
Transportation Aid 10-3120 730,674 730,674 0
Special Education Aid 10-3130 1,316,817 1,316,817 0
Bilingual Education 10-3140 42,174 42,174 0
Stabilization Aid 10-3171 106,567 106,567 0
Extraordinary Aid 10-3131 172,677 0 333,439
Consolidated Aid 10-3195 246,606 246,606 0
Additional Formula Aid 10-3196 73,285 154,745 0
Other State Aids 10-3XXX 233,216 199,201 0
Categorical Special Education Aid 10-3132 0 0 2,072,720
Categorical Security Aid 10-3177 0 0 328,762
Categorical Transportation Aid 10-3121 0 0 819,533
SUBTOTAL  2,922,016 2,796,784 3,554,454
Adjustment for Prior Year Encumbrances  0 1,298,624 0
Actual Revenues (Over)/Under Expenditures  -1,286,046 0 0
TOTAL OPERATING BUDGET  55,713,958 60,770,297 63,290,309
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 17,293 0 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 132,796 121,500 121,500
TOTAL REVENUES FROM STATE SOURCES  132,796 121,500 121,500
Revenues from Federal Sources:
Title I 20-4411-4416 279,071 145,000 145,000
I.D.E.A. Part B (Handicapped) 20-4420-4429 641,336 767,975 767,975
Other 20-4XXX 231,611 86,000 86,000
TOTAL REVENUES FROM FEDERAL SOURCES  1,152,018 998,975 998,975
TOTAL GRANTS AND ENTITLEMENTS  1,302,107 1,120,475 1,120,475
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 0 16,291
Revenues from Local Sources:
Local Tax Levy 40-1210 2,119,454 1,987,004 2,180,333
TOTAL REVENUES FROM LOCAL SOURCES  2,119,454 1,987,004 2,180,333
Revenues from State Sources:
Debt Service Aid Type II 40-3160 265,843 374,999 370,088
TOTAL LOCAL REPAYMENT OF DEBT  2,385,297 2,362,003 2,566,712
Actual Revenues (Over)/Under Expenditures  171,665 0 0
TOTAL REPAYMENT OF DEBT  2,556,962 2,362,003 2,566,712
TOTAL REVENUES/SOURCES  59,573,027 64,252,775 66,977,496

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX19,793,60120,932,19722,690,481
Special Education 11-2XX-100-XXX3,327,3183,706,7373,586,586
Basic Skills/Remedial 11-230-100-XXX395,062402,607447,614
Bilingual Education 11-240-100-XXX115,008170,988175,613
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX334,682362,474403,513
School Sponsored Athletics 11-402-100-XXX728,069807,067829,707
Support Services:
Tuition 11-000-100-XXX1,895,7671,976,0801,907,994
Attendance and Social Work Services 11-000-211-XXX66,73868,64871,913
Health Services 11-000-213-XXX561,380612,603619,244
Students - Related & Extraordinary 11-000-216,2171,891,7922,371,0122,303,801
Guidance 11-000-218-XXX1,272,6551,382,9091,433,884
Child Study Teams 11-000-219-XXX1,383,2191,509,8811,585,395
Improvement of Instructional Services 11-000-221-XXX942,792942,646985,538
Educational Media Services - School Library 11-000-222-XXX713,235739,311755,487
Instructional Staff Training Services 11-000-223-XXX40,80765,15767,149
General Administration 11-000-230-XXX1,448,3671,299,8341,314,483
School Administration 11-000-240-XXX2,311,0942,506,0252,580,530
Central Svcs & Admin Info Technology 11-000-25X-XXX1,018,4371,025,011959,093
Operation and Maintenance of Plant Services 11-000-26X-XXX4,592,8464,832,2465,005,545
Student Transportation Services 11-000-270-XXX3,062,7663,205,9603,382,871
Personal Services - Employee Benefits 11-XXX-XXX-2XX9,061,5959,616,1139,443,330
Total Support Services Expenditures 30,263,49032,153,43632,416,257
TOTAL GENERAL CURRENT EXPENSE 54,957,23058,535,50660,549,771
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-60404,0004,000
Equipment 12-XXX-XXX-73X61,507289,23383,473
Facilities Acquisition and Construction Services 12-000-4XX-XXX666,8971,908,3382,607,000
TOTAL CAPITAL EXPENDITURES 728,4042,201,5712,694,473
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X28,32433,22046,065
OPERATING BUDGET GRAND TOTAL 55,713,95860,770,29763,290,309
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX17,29300
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX23,53625,00025,000
Nonpublic Auxiliary Services 20-XXX-XXX-XXX15,21519,50019,500
Nonpublic Handicapped Services 20-XXX-XXX-XXX38,71832,00032,000
Nonpublic Nursing Services 20-XXX-XXX-XXX35,04729,00029,000
Nonpublic Technology Initiative 20-XXX-XXX-XXX19,04016,00016,000
Other Special Projects 20-XXX-XXX-XXX1,24000
Total State Projects 132,796121,500121,500
Federal Projects:
Title I 20-XXX-XXX-XXX279,071145,000145,000
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX641,336767,975767,975
Other Special Projects 20-XXX-XXX-XXX231,61186,00086,000
Total Federal Projects 1,152,018998,975998,975
TOTAL GRANTS AND ENTITLEMENTS 1,302,1071,120,4751,120,475
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX2,556,9622,362,0032,566,712
TOTAL REPAYMENT OF DEBT 2,556,9622,362,0032,566,712
Total Expenditures 59,573,02764,252,77566,977,496

 

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 Budget1,857,6251,965,5412,393,1521,189,433
  Repayment of Debt187,95616,29116,2910
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve191,901224,297228,297232,297
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve1,221,6271,168,933199,0080
      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 Cost11,31411,87212,73912,53012,615
Total Classroom Instruction6,6807,0097,5027,3767,544
Classroom-Salaries and Benefits6,2916,6017,0066,8787,025
Classroom-General Supplies and Textbooks311291354355361
Classroom-Purchased Services and Other79117143144158
Total Support Services1,8782,0222,2492,2132,165
Support Services-Salaries and Benefits1,7171,8411,9591,9221,899
Total Administrative Costs1,2691,3251,3671,3461,305
Administration-Salaries and Benefits9951,0251,0851,0481,043
Total Operations and Maintenance of Plant1,1891,2141,2931,2691,271
Operations & Maintenance of Plant-Salary & Ben.576578644632642
Total Food Services Costs00000
Total Extracurricular Costs298303328325330
Total Equipment Costs1615626819
Employee Benefits as a % of Salaries24.626.526.526.724.8

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.

 

Unusual Revenues and Appropriations
SourceAmountDescription
Rate Stabilizatio Fund1,500,000 Period of good experience in med claims
Total Unusual Revenues1,500,000 

 

Shared Services
  • District participates in cooperative purchasing of goods and services wit
  • h the Educational Services Commission - this includes bidding services,an
  • d health and safety training services. District also utilizes cooperativ
  • e purchasing of transportation services for vo-tech students and special
  • education students placed out-of-district. Additionally, district utiliz
  • es Morris Union Jointure Commission for contracted services for special e
  • ducation students.
  • District shares use of facilities with the municipality. Recreation prog
  • rams for the township utilize the fields and gyms throughout the district
  • and the board of education makes use of the municipal building for monthl
  • y board meetings. District and municipality also share in purchasing of
  • fuel for vehicles and share grounds equipment.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy56,002,556 (A)
Estimated Net Taxable Valuation (as of 02/28/2008)2,816,407,200 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.9884 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy58,182,889 (D)
Estimated Net Taxable Valuation (as of 02/28/2008)2,816,407,200 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1002.0659 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy56,002,556 (G)
Estimated Equalized Valuation (as of 10/01/2007)5,397,182,605 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1001.0376 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy58,182,889 (J)
Estimated Equalized Valuation (as of 10/01/2007)5,397,182,605 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.0780 (L)