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User Friendly Budgets
2009

MORRIS - PEQUANNOCK TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils on Roll Regular Full-Time2,1282,1272,132
Pupils on Roll Regular Shared-Time420
spacing
Pupils on Roll - Special Full-Time306298299
Pupils on Roll - Special Shared-Time230
Private School Placements212123
spacing
Pupils Sent to Other Districts-Reg Prog0026
Pupils Sent to Other Dists-Spec Ed Prog11912
Pupils Received254
Pupils in State Facilities011

 

Advertised Revenues
Budget CategoryAccount2007-08
Actual
2008-09
Revised
2009-10
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 826,477 1,300,658
Withdrawal from Cap Res-for Local Share 10-307 0 0 372,600
Transfers from Other Funds 10-5200 -51,700 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 28,377,446 29,453,628 30,448,340
Tuition 10-1300 182,523 150,000 280,000
Transportation Fees from Individuals 10-1410 36,646 0 0
Transportation Fees from Other LEAs 10-1420-1440 0 26,000 26,000
Interest Earned on Capital Reserve Funds 10-1XXX 4,974 2,000 2,000
Unrestricted Miscellaneous Revenues 10-1XXX 301,961 210,100 185,100
SUBTOTAL  28,903,550 29,841,728 30,941,440
Revenues from State Sources:
Transportation Aid 10-3120 221,558 0 0
Special Education Aid 10-3130 1,513,421 0 0
Bilingual Education 10-3140 19,784 0 0
Stabilization Aid 10-3171 565,711 0 0
Extraordinary Aid 10-3131 105,917 230,949 170,004
Consolidated Aid 10-3195 278,908 0 0
Additional Formula Aid 10-3196 158,302 0 0
Other State Aids 10-3XXX 30,242 0 0
Categorical Special Education Aid 10-3132 0 1,357,800 1,385,095
Equalization Aid 10-3176 0 1,129,528 1,004,748
Categorical Security Aid 10-3177 0 178,909 181,846
Categorical Transportation Aid 10-3121 0 270,857 365,405
SUBTOTAL  2,893,843 3,168,043 3,107,098
Adjustment for Prior Year Encumbrances  0 728,468 0
Actual Revenues (Over)/Under Expenditures  -724,605 0 0
TOTAL OPERATING BUDGET  31,021,088 34,564,716 35,721,796
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 163,098 122,600 122,600
TOTAL REVENUES FROM STATE SOURCES  163,098 122,600 122,600
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 521,294 400,000 420,000
Other 20-4XXX 93,989 80,000 80,000
TOTAL REVENUES FROM FEDERAL SOURCES  615,283 480,000 500,000
TOTAL GRANTS AND ENTITLEMENTS  778,381 602,600 622,600
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 23,066 15,478
Revenues from Local Sources:
Local Tax Levy 40-1210 977,709 345,474 603,675
Miscellaneous 40-1XXX 15,478 0 0
TOTAL REVENUES FROM LOCAL SOURCES  993,187 345,474 603,675
Revenues from State Sources:
Debt Service Aid Type II 40-3160 187,180 186,010 332,122
TOTAL LOCAL REPAYMENT OF DEBT  1,180,367 554,550 951,275
Actual Revenues (Over)/Under Expenditures  -13,419 0 0
TOTAL REPAYMENT OF DEBT  1,166,948 554,550 951,275
TOTAL REVENUES/SOURCES  32,966,417 35,721,866 37,295,671

 

Advertised Appropriations
Budget CategoryAccount2007-08
Expenditures
2008-09
Rev. Approp.
2009-10
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX11,348,30912,384,21212,567,008
Special Education 11-2XX-100-XXX2,918,3123,243,5493,404,174
Basic Skills/Remedial 11-230-100-XXX203,465244,688239,963
Bilingual Education 11-240-100-XXX27,60731,33933,413
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX238,606184,540197,969
School Sponsored Athletics 11-402-100-XXX352,830487,047502,965
Other Instructional Programs 11-4XX-100-XXX16,99222,05023,055
Support Services:
Tuition 11-000-100-XXX1,357,7581,384,7721,511,081
Health Services 11-000-213-XXX379,837408,446431,530
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217716,665850,355700,628
Guidance 11-000-218-XXX624,327794,624743,760
Child Study Teams 11-000-219-XXX579,992613,368693,485
Improvement of Instructional Services 11-000-221-XXX445,440572,860477,417
Educational Media Services - School Library 11-000-222-XXX509,444556,803537,816
Instructional Staff Training Services 11-000-223-XXX36,24842,39853,500
General Administration 11-000-230-XXX749,471897,165798,967
School Administration 11-000-240-XXX1,678,2951,997,6541,851,167
Central Svcs & Admin Info Technology 11-000-25X-XXX581,026675,959652,379
Operation and Maintenance of Plant Services 11-000-26X-XXX2,583,2662,607,0392,752,128
Student Transportation Services 11-000-270-XXX977,462939,829981,364
Personal Services - Employee Benefits 11-XXX-XXX-2XX4,605,4915,484,9116,145,827
Total Support Services Expenditures 15,824,72217,826,18318,331,049
TOTAL GENERAL CURRENT EXPENSE 30,930,84334,423,60835,299,596
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-60402,0002,000
Equipment 12-XXX-XXX-73X78,275109,10847,600
Facilities Acquisition and Construction Services 12-000-4XX-XXX11,97030,000372,600
TOTAL CAPITAL EXPENDITURES 90,245141,108422,200
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 31,021,08834,564,71635,721,796
GRANTS AND ENTITLEMENTS
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX19,61823,60023,600
Nonpublic Auxiliary Services 20-XXX-XXX-XXX36,29725,00025,000
Nonpublic Handicapped Services 20-XXX-XXX-XXX65,52535,00035,000
Nonpublic Nursing Services 20-XXX-XXX-XXX27,09725,00025,000
Nonpublic Technology Initiative 20-XXX-XXX-XXX14,04014,00014,000
Other Special Projects 20-XXX-XXX-XXX52100
Total State Projects 163,098122,600122,600
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX521,294400,000420,000
Other Special Projects 20-XXX-XXX-XXX93,98980,00080,000
Total Federal Projects 615,283480,000500,000
TOTAL GRANTS AND ENTITLEMENTS 778,381602,600622,600
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX1,166,948554,550951,275
TOTAL REPAYMENT OF DEBT 1,166,948554,550951,275
Total Expenditures 32,966,41735,721,86637,295,671

 

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 Budget831,861751,660621,456521,456
  Repayment of Debt25,12538,54415,4780
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve164,606558,358560,358189,758
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve1,883,6082,223,9131,397,436196,778
      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 Cost11,16611,73012,72913,20113,469
Total Classroom Instruction7,0367,2607,8808,1708,428
Classroom-Salaries and Benefits6,3936,6917,1157,1867,598
Classroom-General Supplies and Textbooks462380487639569
Classroom-Purchased Services and Other181189278345261
Total Support Services1,4151,6101,8351,8461,796
Support Services-Salaries and Benefits1,2001,3611,4981,4861,546
Total Administrative Costs1,3391,4351,5831,7231,702
Administration-Salaries and Benefits1,0731,1621,2821,2971,382
Total Operations and Maintenance of Plant1,1031,1821,1631,1851,255
Operations & Maintenance of Plant-Salary & Ben.532535590583641
Total Food Services Costs00000
Total Extracurricular Costs254243270277288
Total Equipment Costs4932224520
Employee Benefits as a % of Salaries23.323.226.126.328.2

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
  • Joint transportation agreement with other LEAs- hosting and joining
  • Joint services agreements withMorris County Ed. Services Commission for
  • educational and transportation services.
  • Joint purchasing agreement through Morris County Ed. Services Commission.
  • Will enter Joint purchasing agreement with Hunterdon County Ed. Serv.
  • Commission for purchasing of technology supplies and services.
  • Participation in ACES- cooperative bidding for purchase of natural gas
  • and electricity
  • Participation in ACT- cooperative bidding for purchase of long distance
  • telephone service
  • Participation in Federal Erate program- for reduction of district
  • telelcommunications costs
  • Agreement with Township for purchase of gasoline/diesel fuels
  • Cooperative agreement with Township recreation for building use fees
  • Cooperative agreement with Township for purchase of salt for snow
  • removal
  • Cooperative agreement with Township for portions of field maintenance
  • Cooperative agreement with Township for sidewalk installation
  • Joint committee formed with Township to facilitate the development for
  • Interlocal agreement with Board/Township to explore possibilities
  • may lead to partnerships i.e. field development, solar, shared services

 

Estimated Tax Rate Information
A. Estimated 09-10 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy30,448,340 (A)
Estimated Net Taxable Valuation (as of 02/01/2009)2,895,641,824 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)x1001.0515 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy31,052,015 (D)
Estimated Net Taxable Valuation (as of 02/01/2009)2,895,641,824 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)x1001.0724 (F)
B. Estimated 09-10 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy30,448,340 (G)
Estimated Equalized Valuation (as of 10/01/2008)2,851,623,558 (H)
Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)x1001.0678 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy31,052,015 (J)
Estimated Equalized Valuation (as of 10/01/2008)2,851,623,558 (K)
Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)x1001.0889 (L)