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User Friendly Budgets
2008

PASSAIC - PASSAIC VALLEY REGIONAL

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time1,1501,1051,150
Pupils on Roll Regular Shared-Time141010
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Pupils on Roll - Special Full-Time149192197
Pupils on Roll - Special Shared-Time055
Private School Placements252320
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Pupils Sent to Other Districts-Reg Prog552
Pupils Sent to Other Dists-Spec Ed Prog222
Pupils in State Facilities022

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 200,530 299,281
Revenues from Local Sources:
Local Tax Levy 10-1210 17,262,984 18,265,821 18,854,854
Transportation Fees from Other LEAs 10-1420-1440 189,256 200,000 200,000
Unrestricted Miscellaneous Revenues 10-1XXX 125,144 75,000 129,000
SUBTOTAL  17,577,384 18,540,821 19,183,854
Revenues from State Sources:
Transportation Aid 10-3120 409,861 409,861 0
Special Education Aid 10-3130 650,102 650,102 0
Bilingual Education 10-3140 11,698 11,698 0
Stabilization Aid 10-3171 61,512 61,512 0
Extraordinary Aid 10-3131 20,733 0 33,176
Consolidated Aid 10-3195 123,325 123,325 0
Additional Formula Aid 10-3196 37,695 79,825 0
Other State Aids 10-3XXX 124,665 110,146 0
Categorical Special Education Aid 10-3132 0 0 741,309
Categorical Security Aid 10-3177 0 0 104,531
Adjustment Aid 10-3178 0 0 278,176
Categorical Transportation Aid 10-3121 0 0 332,799
SUBTOTAL  1,439,591 1,446,469 1,489,991
Adjustment for Prior Year Encumbrances  0 70,678 0
Actual Revenues (Over)/Under Expenditures  -177,560 0 0
TOTAL OPERATING BUDGET  18,839,415 20,258,498 20,973,126
GRANTS AND ENTITLEMENTS
Revenues from Federal Sources:
Title I 20-4411-4416 31,204 34,700 29,495
I.D.E.A. Part B (Handicapped) 20-4420-4429 236,459 246,391 209,432
Other 20-4XXX 49,312 58,650 49,852
TOTAL REVENUES FROM FEDERAL SOURCES  316,975 339,741 288,779
TOTAL GRANTS AND ENTITLEMENTS  316,975 339,741 288,779
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 27 9
Transfers from Other Funds 40-5200 9 0 0
Revenues from Local Sources:
Local Tax Levy 40-1210 311,883 323,816 320,707
TOTAL REVENUES FROM LOCAL SOURCES  311,883 323,816 320,707
TOTAL LOCAL REPAYMENT OF DEBT  311,892 323,843 320,716
Actual Revenues (Over)/Under Expenditures  9,695 0 0
TOTAL REPAYMENT OF DEBT  321,587 323,843 320,716
TOTAL REVENUES/SOURCES  19,477,977 20,922,082 21,582,621

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX6,487,5836,633,3747,080,737
Special Education 11-2XX-100-XXX794,146767,476771,305
Bilingual Education 11-240-100-XXX18,44119,92321,656
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX339,503346,162395,925
School Sponsored Athletics 11-402-100-XXX586,419614,760655,221
Support Services:
Tuition 11-000-100-XXX1,754,8511,892,1411,895,960
Health Services 11-000-213-XXX153,088154,724163,386
Students - Related & Extraordinary 11-000-216,21722,76352,22450,000
Guidance 11-000-218-XXX622,355659,316693,148
Child Study Teams 11-000-219-XXX318,674363,226381,212
Educational Media Services - School Library 11-000-222-XXX181,209275,732281,816
General Administration 11-000-230-XXX519,645558,732539,130
School Administration 11-000-240-XXX536,258566,043593,112
Central Svcs & Admin Info Technology 11-000-25X-XXX683,732658,482745,790
Operation and Maintenance of Plant Services 11-000-26X-XXX2,012,3232,309,0742,494,310
Student Transportation Services 11-000-270-XXX1,384,5801,514,1091,568,905
Other Support Services 11-000-290-XXX11300
Personal Services - Employee Benefits 11-XXX-XXX-2XX2,249,8412,519,5612,339,207
Total Support Services Expenditures 10,439,43211,523,36411,745,976
TOTAL GENERAL CURRENT EXPENSE 18,665,52419,905,05920,670,820
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X173,891342,613265,500
TOTAL CAPITAL EXPENDITURES 173,891342,613265,500
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X010,82636,806
OPERATING BUDGET GRAND TOTAL 18,839,41520,258,49820,973,126
GRANTS AND ENTITLEMENTS
Federal Projects:
Title I 20-XXX-XXX-XXX31,20434,70029,495
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX236,459246,391209,432
Other Special Projects 20-XXX-XXX-XXX49,31258,65049,852
Total Federal Projects 316,975339,741288,779
TOTAL GRANTS AND ENTITLEMENTS 316,975339,741288,779
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX321,587323,843320,716
TOTAL REPAYMENT OF DEBT 321,587323,843320,716
Total Expenditures 19,477,97720,922,08221,582,621

 

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 Budget386,510608,136407,606203,850
  Repayment of Debt9,7313690
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve1111
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve198,86895,52595,5250
      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 Cost11,86711,93811,99012,65712,712
Total Classroom Instruction6,6636,7116,5586,8966,900
Classroom-Salaries and Benefits6,3366,3956,2416,5626,622
Classroom-General Supplies and Textbooks293295294309255
Classroom-Purchased Services and Other3422232523
Total Support Services1,2661,1881,3041,3861,365
Support Services-Salaries and Benefits1,1841,1031,1991,2611,253
Total Administrative Costs1,4481,5191,4901,5751,567
Administration-Salaries and Benefits1,0391,0561,0741,1301,097
Total Operations and Maintenance of Plant1,6791,7101,8371,9562,005
Operations & Maintenance of Plant-Salary & Ben.9059499571,006992
Total Food Services Costs00000
Total Extracurricular Costs804803792835867
Total Equipment Costs273134242263196
Employee Benefits as a % of Salaries19.320.722.522.519.6

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
  • 1) ESL aide shared by the 3 sending Elementary Districts.
  • 2) Sattelite Lunch Progam
  • 3) Sharing of Gymnasium and Auditorium facilities.
  • 4) Maintenance assistance at Municipal fields.
  • 5) Use of facility as pollinf location.
  • 6) School Security Officer shared with Municipal Police Department.

 

Estimated Tax Rate Information
LITTLE FALLS
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy6,455,443 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)726,417,800 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.8887 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy6,565,245 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)726,417,800 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.9038 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy6,455,443 (G)
Estimated Equalized Valuation (as of 10/01/2007)1,953,786,856 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.3304 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy6,565,245 (J)
Estimated Equalized Valuation (as of 10/01/2007)1,953,786,856 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.3360 (L)
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TOTOWA
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy7,342,688 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)1,173,139,182 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.6259 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy7,467,582 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)1,173,139,182 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.6365 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy7,342,688 (G)
Estimated Equalized Valuation (as of 10/01/2007)2,322,112,624 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.3162 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy7,467,582 (J)
Estimated Equalized Valuation (as of 10/01/2007)2,322,112,624 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.3216 (L)
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WEST PATERSON
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy5,056,723 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)812,232,705 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.6226 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy5,142,734 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)812,232,705 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.6332 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy5,056,723 (G)
Estimated Equalized Valuation (as of 10/01/2007)1,779,377,152 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.2842 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy5,142,734 (J)
Estimated Equalized Valuation (as of 10/01/2007)1,779,377,152 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.2890 (L)