>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>MORRIS  >>HANOVER TWP

User Friendly Budgets
2009

MORRIS - HANOVER TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils on Roll Regular Full-Time1,4261,4141,411
spacing
Pupils on Roll - Special Full-Time151152159
Private School Placements777
spacing
Pupils Sent to Contracted Preschool Prog103
Pupils Sent to Other Dists-Spec Ed Prog100

 

Advertised Revenues
Budget CategoryAccount2007-08
Actual
2008-09
Revised
2009-10
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 1,000,000 700,000
Withdrawal from Cap Res-for Local Share 10-307 0 200,000 150,000
Revenues from Local Sources:
Local Tax Levy 10-1210 18,972,792 19,731,704 20,130,621
Interest Earned on Capital Reserve Funds 10-1XXX 21,419 10,000 8,000
Other Restricted Miscellaneous Revenues 10-1XXX 223,218 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 0 185,000 185,000
SUBTOTAL  19,217,429 19,926,704 20,323,621
Revenues from State Sources:
Transportation Aid 10-3120 194,304 0 0
Special Education Aid 10-3130 807,535 0 0
Bilingual Education 10-3140 40,826 0 0
Extraordinary Aid 10-3131 18,290 48,212 48,212
Consolidated Aid 10-3195 154,157 0 0
Additional Formula Aid 10-3196 75,418 0 0
Other State Aids 10-3XXX 94,346 0 0
Categorical Special Education Aid 10-3132 0 923,735 934,041
Categorical Security Aid 10-3177 0 121,227 122,184
Adjustment Aid 10-3178 0 92,111 14,859
Categorical Transportation Aid 10-3121 0 211,226 277,215
SUBTOTAL  1,384,876 1,396,511 1,396,511
Adjustment for Prior Year Encumbrances  0 22,289 0
Actual Revenues (Over)/Under Expenditures  757,007 0 0
TOTAL OPERATING BUDGET  21,359,312 22,545,504 22,570,132
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 54,282 90,515 90,515
TOTAL REVENUES FROM STATE SOURCES  54,282 90,515 90,515
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 290,367 320,773 287,927
Other 20-4XXX 28,478 27,723 27,723
TOTAL REVENUES FROM FEDERAL SOURCES  318,845 348,496 315,650
TOTAL GRANTS AND ENTITLEMENTS  373,127 439,011 406,165
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 0 9,000
Transfers from Other Funds 40-5200 215,329 0 0
Revenues from Local Sources:
Local Tax Levy 40-1210 553,036 771,815 735,790
TOTAL REVENUES FROM LOCAL SOURCES  553,036 771,815 735,790
TOTAL LOCAL REPAYMENT OF DEBT  768,365 771,815 744,790
Actual Revenues (Over)/Under Expenditures  4,413 0 0
TOTAL REPAYMENT OF DEBT  772,778 771,815 744,790
TOTAL REVENUES/SOURCES  22,505,217 23,756,330 23,721,087

 

Advertised Appropriations
Budget CategoryAccount2007-08
Expenditures
2008-09
Rev. Approp.
2009-10
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX7,633,5008,123,7758,136,291
Special Education 11-2XX-100-XXX1,499,7601,624,3481,721,660
Basic Skills/Remedial 11-230-100-XXX143,415161,102156,854
Bilingual Education 11-240-100-XXX75,27878,89570,761
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX50,48765,28066,617
School Sponsored Athletics 11-402-100-XXX75,77182,78289,722
Support Services:
Tuition 11-000-100-XXX101,411115,213120,921
Attendance and Social Work Services 11-000-211-XXX6,3967,6176,965
Health Services 11-000-213-XXX344,766374,606385,396
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217815,075915,602985,751
Guidance 11-000-218-XXX267,913296,866304,148
Child Study Teams 11-000-219-XXX604,445641,625662,971
Improvement of Instructional Services 11-000-221-XXX179,633208,602204,941
Educational Media Services - School Library 11-000-222-XXX345,005364,053338,402
Instructional Staff Training Services 11-000-223-XXX28,52744,95250,400
General Administration 11-000-230-XXX489,398571,006555,770
School Administration 11-000-240-XXX859,263922,233921,800
Central Svcs & Admin Info Technology 11-000-25X-XXX481,059538,934527,108
Operation and Maintenance of Plant Services 11-000-26X-XXX2,118,5432,346,1722,409,251
Student Transportation Services 11-000-270-XXX723,092762,303794,612
Personal Services - Employee Benefits 11-XXX-XXX-2XX3,631,0583,605,2043,727,141
Total Support Services Expenditures 10,995,58411,714,98811,995,577
TOTAL GENERAL CURRENT EXPENSE 20,473,79521,851,17022,237,482
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604010,0008,000
Equipment 12-XXX-XXX-73X85,532163,37517,250
Facilities Acquisition and Construction Services 12-000-4XX-XXX289,488301,800136,900
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931492,591200,000150,000
TOTAL CAPITAL EXPENDITURES 867,611675,175312,150
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X17,90619,15920,500
OPERATING BUDGET GRAND TOTAL 21,359,31222,545,50422,570,132
GRANTS AND ENTITLEMENTS
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX5,5896,6346,634
Nonpublic Auxiliary Services 20-XXX-XXX-XXX8,26327,87027,870
Nonpublic Handicapped Services 20-XXX-XXX-XXX28,78542,41642,416
Nonpublic Nursing Services 20-XXX-XXX-XXX7,7198,9558,955
Nonpublic Technology Initiative 20-XXX-XXX-XXX3,9264,6404,640
Total State Projects 54,28290,51590,515
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX290,367320,773287,927
Other Special Projects 20-XXX-XXX-XXX28,47827,72327,723
Total Federal Projects 318,845348,496315,650
TOTAL GRANTS AND ENTITLEMENTS 373,127439,011406,165
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX772,778771,815744,790
TOTAL REPAYMENT OF DEBT 772,778771,815744,790
Total Expenditures 22,505,21723,756,33023,721,087

 

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 Budget1,454,6671,269,3481,143,409443,409
  Repayment of Debt11,1366,7239,0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve933,264542,615352,615210,615
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve265,826184,06100
      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 Cost11,98712,32513,29913,26813,448
Total Classroom Instruction7,0117,2807,8527,7327,803
Classroom-Salaries and Benefits6,6366,9177,3227,2667,332
Classroom-General Supplies and Textbooks282281408365352
Classroom-Purchased Services and Other9382122101119
Total Support Services1,8531,9822,1432,1672,232
Support Services-Salaries and Benefits1,6331,7341,8131,8491,911
Total Administrative Costs1,4471,3891,4551,5241,515
Administration-Salaries and Benefits1,2241,1701,2061,2151,265
Total Operations and Maintenance of Plant1,5041,4991,6561,6551,697
Operations & Maintenance of Plant-Salary & Ben.774793839838860
Total Food Services Costs00000
Total Extracurricular Costs9997114113119
Total Equipment Costs625410210411
Employee Benefits as a % of Salaries25.825.825.324.224.5

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
  • The Federal E-rate program
  • Alliance for Competitive Energy Services
  • Transportation jointures with Madison Board of Education and Hanover Park
  • Regional and Morris Plains Board of Education
  • Cooperative purchasing arrangements with Morris County Regional Co Op &
  • Educational Data Services for both general supplies and skilled trades
  • Contracting with Essex County Educational Services Commission for
  • Chapter 192/193 services, public school child study team services and
  • IDEA-B services
  • Contracting with Morris County Educational Services Commission for
  • non public textbook services
  • Interlocal agreement with Hanover Township for field maintenance
  • The district does not currently participate in the Alliance for
  • Competitive Telecommunications, but has a documented better rate
  • The district arranges with area boards of education for joint inservice p
  • rograms to promote cost savings
  • The district belongs to a joint insurance fund comprised of other school
  • districts in Morris and Essex counties for worker's compensation
  • insurance

 

Estimated Tax Rate Information
A. Estimated 09-10 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy20,130,621 (A)
Estimated Net Taxable Valuation (as of 10/01/2008)2,039,915,715 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)x1000.9868 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy20,866,411 (D)
Estimated Net Taxable Valuation (as of 10/01/2008)2,039,915,715 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)x1001.0229 (F)
B. Estimated 09-10 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy20,130,621 (G)
Estimated Equalized Valuation (as of 10/01/2008)4,120,330,958 (H)
Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)x1000.4886 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy20,866,411 (J)
Estimated Equalized Valuation (as of 10/01/2008)4,120,330,958 (K)
Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)x1000.5064 (L)