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User Friendly Budgets
2009

ESSEX - VERONA BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils on Roll Regular Full-Time1,7761,8431,835
Pupils on Roll Regular Shared-Time020
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Pupils on Roll - Special Full-Time256227227
Pupils on Roll - Special Shared-Time770
Private School Placements171920
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Pupils Sent to Other Districts-Reg Prog105
Pupils Sent to Other Dists-Spec Ed Prog897
Pupils Received310

 

Advertised Revenues
Budget CategoryAccount2007-08
Actual
2008-09
Revised
2009-10
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 144,953 40,471
Transfers from Other Funds 10-5200 58,000 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 23,437,661 24,689,393 25,601,948
Tuition 10-1300 147,070 71,510 71,510
Interest Earned on Capital Reserve Funds 10-1XXX 54 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 236,149 126,500 358,219
SUBTOTAL  23,820,934 24,887,403 26,031,677
Revenues from State Sources:
Transportation Aid 10-3120 34,325 0 0
Special Education Aid 10-3130 1,258,158 0 0
Bilingual Education 10-3140 6,092 0 0
Extraordinary Aid 10-3131 110,942 231,719 0
Consolidated Aid 10-3195 127,232 0 0
Additional Formula Aid 10-3196 86,831 0 0
Categorical Special Education Aid 10-3132 0 1,151,212 1,202,265
Categorical Security Aid 10-3177 0 151,087 157,178
Adjustment Aid 10-3178 0 69,782 0
Categorical Transportation Aid 10-3121 0 60,173 85,575
SUBTOTAL  1,623,580 1,663,973 1,445,018
Actual Revenues (Over)/Under Expenditures  18,879 0 0
TOTAL OPERATING BUDGET  25,521,393 26,696,329 27,517,166
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 11,869 11,964 11,964
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 121,819 103,299 103,299
TOTAL REVENUES FROM STATE SOURCES  121,819 103,299 103,299
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 377,281 568,682 568,682
Other 20-4XXX 29,907 36,581 36,581
TOTAL REVENUES FROM FEDERAL SOURCES  407,188 605,263 605,263
TOTAL GRANTS AND ENTITLEMENTS  540,876 720,526 720,526
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 673,361 443,161
Transfers from Other Funds 40-5200 421,489 0 0
Revenues from Local Sources:
Local Tax Levy 40-1210 1,648,192 1,498,905 1,735,944
TOTAL REVENUES FROM LOCAL SOURCES  1,648,192 1,498,905 1,735,944
Revenues from State Sources:
Debt Service Aid Type II 40-3160 403,146 402,091 503,226
TOTAL LOCAL REPAYMENT OF DEBT  2,472,827 2,574,357 2,682,331
Actual Revenues (Over)/Under Expenditures  112,101 0 0
TOTAL REPAYMENT OF DEBT  2,584,928 2,574,357 2,682,331
TOTAL REVENUES/SOURCES  28,647,197 29,991,212 30,920,023

 

Advertised Appropriations
Budget CategoryAccount2007-08
Expenditures
2008-09
Rev. Approp.
2009-10
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX9,674,3759,825,8709,961,415
Special Education 11-2XX-100-XXX2,012,4641,963,8441,970,477
Basic Skills/Remedial 11-230-100-XXX68,99664,012111,965
Bilingual Education 11-240-100-XXX63,29866,50168,699
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX162,705187,708201,019
School Sponsored Athletics 11-402-100-XXX452,743483,210524,077
Other Instructional Programs 11-4XX-100-XXX86,66694,88663,080
Community Services Programs/Operations 11-800-330-XXX67,18366,95068,958
Support Services:
Tuition 11-000-100-XXX1,560,1921,588,0761,532,867
Health Services 11-000-213-XXX420,442446,111454,806
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217324,097345,950356,208
Guidance 11-000-218-XXX468,670537,485495,606
Child Study Teams 11-000-219-XXX830,660860,340881,212
Improvement of Instructional Services 11-000-221-XXX103,08152,140273,780
Educational Media Services - School Library 11-000-222-XXX380,205401,633402,301
General Administration 11-000-230-XXX597,328610,339515,410
School Administration 11-000-240-XXX1,702,4411,908,4871,978,812
Central Svcs & Admin Info Technology 11-000-25X-XXX440,911417,852363,988
Operation and Maintenance of Plant Services 11-000-26X-XXX2,275,0352,340,8912,522,568
Student Transportation Services 11-000-270-XXX470,966478,898481,102
Personal Services - Employee Benefits 11-XXX-XXX-2XX3,317,1943,912,1084,227,863
Total Support Services Expenditures 12,891,22213,900,31014,486,523
TOTAL GENERAL CURRENT EXPENSE 25,479,65226,653,29127,456,213
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X41,74143,03860,953
TOTAL CAPITAL EXPENDITURES 41,74143,03860,953
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 25,521,39326,696,32927,517,166
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX11,86911,96411,964
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX11,01011,66711,667
Nonpublic Auxiliary Services 20-XXX-XXX-XXX23,75667,72367,723
Nonpublic Handicapped Services 20-XXX-XXX-XXX63,96500
Nonpublic Nursing Services 20-XXX-XXX-XXX15,20815,74915,749
Nonpublic Technology Initiative 20-XXX-XXX-XXX7,8808,1608,160
Total State Projects 121,819103,299103,299
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX377,281568,682568,682
Other Special Projects 20-XXX-XXX-XXX29,90736,58136,581
Total Federal Projects 407,188605,263605,263
TOTAL GRANTS AND ENTITLEMENTS 540,876720,526720,526
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX2,584,9282,574,3572,682,331
TOTAL REPAYMENT OF DEBT 2,584,9282,574,3572,682,331
Total Expenditures 28,647,19729,991,21230,920,023

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/07
Audited
Balance
6/30/08
Estimated
Balance
6/30/09
Estimated
Balance
6/30/10
Unreserved:
  General Operating Budget750,006719,351574,398533,927
  Repayment of Debt1,541,1181,429,017443,1610
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve4,22462,27862,27862,278
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve30,010000
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Reserved for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2006-07
Actual
2007-08
Actual
2008-09
Original
Budget
2008-09
Revised
Budget
2009-10
Proposed
Budget
Total Comparative Per Pupil Cost10,91011,53911,91911,98912,339
Total Classroom Instruction6,6196,8937,1886,9817,178
Classroom-Salaries and Benefits6,1516,4376,7816,5846,819
Classroom-General Supplies and Textbooks364369355344279
Classroom-Purchased Services and Other10587525280
Total Support Services1,4491,4611,5901,5211,676
Support Services-Salaries and Benefits1,3021,3521,4981,3671,536
Total Administrative Costs1,3321,5541,3381,6691,665
Administration-Salaries and Benefits1,0651,2761,1301,4021,495
Total Operations and Maintenance of Plant1,1141,2301,2471,2571,357
Operations & Maintenance of Plant-Salary & Ben.630688702711718
Total Food Services Costs00000
Total Extracurricular Costs348346369373409
Total Equipment Costs1721212130
Employee Benefits as a % of Salaries19.119.121.42223

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2009 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 2008-09 revised appropriations and 2009-10 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
  • Cafeteria shared service with Caldwell-West Caldwell
  • Gas consortium with eight other districts
  • Pooled worker's compensation insurance
  • Pooled property insurance
  • Pooled athletic insurance
  • Pooled special education transportation
  • Joint snow removal with town
  • Town picks up trash at no cost to Board
  • Health benefit trust pool
  • Pooled telephone service

 

Estimated Tax Rate Information
A. Estimated 09-10 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy25,601,948 (A)
Estimated Net Taxable Valuation (as of 10/01/2008)504,648,900 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)x1005.0732 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy27,337,892 (D)
Estimated Net Taxable Valuation (as of 10/01/2008)504,648,900 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)x1005.4172 (F)
B. Estimated 09-10 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy25,601,948 (G)
Estimated Equalized Valuation (as of 10/01/2008)2,563,217,033 (H)
Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)x1000.9988 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy27,337,892 (J)
Estimated Equalized Valuation (as of 10/01/2008)2,563,217,033 (K)
Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)x1001.0665 (L)