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User Friendly Budgets
2009

SOMERSET - MONTGOMERY TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils on Roll Regular Full-Time4,7844,8174,816
Pupils on Roll Regular Shared-Time766
spacing
Pupils on Roll - Special Full-Time484483488
Pupils on Roll - Special Shared-Time311
Private School Placements554645
spacing
Pupils Sent to Other Districts-Reg Prog333
Pupils Sent to Other Dists-Spec Ed Prog131313
Pupils Received959395
Pupils in State Facilities010

 

Advertised Revenues
Budget CategoryAccount2007-08
Actual
2008-09
Revised
2009-10
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 2,130,601 1,587,695
Withdraw from Cap Res-Excess Cost & Oth Cap Prj 10-309 0 310,000 0
Transfers from Other Funds 10-5200 40,511 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 57,054,379 58,987,206 60,629,655
Tuition 10-1300 908,545 1,050,121 1,109,044
Transportation Fees from Other LEAs 10-1420-1440 99,904 117,000 128,000
Interest Earned on Capital Reserve Funds 10-1XXX 3,545 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 1,229,690 665,000 454,000
SUBTOTAL  59,296,063 60,819,327 62,320,699
Revenues from State Sources:
Transportation Aid 10-3120 1,030,495 0 0
Special Education Aid 10-3130 2,145,097 0 0
Bilingual Education 10-3140 9,758 0 0
Stabilization Aid 10-3171 32,171 0 0
Extraordinary Aid 10-3131 169,788 283,884 283,884
Consolidated Aid 10-3195 333,299 0 0
Additional Formula Aid 10-3196 231,478 0 0
Other State Aids 10-3XXX 576,052 0 0
Categorical Special Education Aid 10-3132 0 2,687,248 2,391,643
Categorical Security Aid 10-3177 0 390,065 403,209
Categorical Transportation Aid 10-3121 0 1,990,163 2,525,998
SUBTOTAL  4,528,138 5,351,360 5,604,734
Adjustment for Prior Year Encumbrances  0 14,541 0
Actual Revenues (Over)/Under Expenditures  314,284 0 0
TOTAL OPERATING BUDGET  64,178,996 68,625,829 69,513,128
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 26,374 35,657 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 99,094 109,675 83,542
TOTAL REVENUES FROM STATE SOURCES  99,094 109,675 83,542
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 864,068 859,749 859,749
Other 20-4XXX 305,937 424,247 415,062
TOTAL REVENUES FROM FEDERAL SOURCES  1,170,005 1,283,996 1,274,811
TOTAL GRANTS AND ENTITLEMENTS  1,295,473 1,429,328 1,358,353
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 9,176 492
Revenues from Local Sources:
Local Tax Levy 40-1210 6,223,651 6,302,688 6,213,929
Miscellaneous 40-1XXX 492 0 0
TOTAL REVENUES FROM LOCAL SOURCES  6,224,143 6,302,688 6,213,929
Revenues from State Sources:
Debt Service Aid Type II 40-3160 314,336 313,976 315,141
TOTAL LOCAL REPAYMENT OF DEBT  6,538,479 6,625,840 6,529,562
Actual Revenues (Over)/Under Expenditures  144,176 0 0
TOTAL REPAYMENT OF DEBT  6,682,655 6,625,840 6,529,562
TOTAL REVENUES/SOURCES  72,157,124 76,680,997 77,401,043

 

Advertised Appropriations
Budget CategoryAccount2007-08
Expenditures
2008-09
Rev. Approp.
2009-10
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX20,551,80321,885,66322,549,270
Special Education 11-2XX-100-XXX4,371,7244,801,6625,042,562
Basic Skills/Remedial 11-230-100-XXX774,992746,088806,054
Bilingual Education 11-240-100-XXX163,064166,475173,089
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX340,909407,113381,569
School Sponsored Athletics 11-402-100-XXX1,032,8911,081,5351,062,355
Other Instructional Programs 11-4XX-100-XXX6,98615,00015,000
Community Services Programs/Operations 11-800-330-XXX27,41300
Support Services:
Tuition 11-000-100-XXX2,713,7352,711,5282,494,238
Attendance and Social Work Services 11-000-211-XXX7,0958,0518,150
Health Services 11-000-213-XXX565,612597,696618,720
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217946,3531,266,0671,307,520
Guidance 11-000-218-XXX1,238,3601,330,8311,313,426
Child Study Teams 11-000-219-XXX1,115,4581,323,3501,330,684
Improvement of Instructional Services 11-000-221-XXX670,846759,184877,451
Educational Media Services - School Library 11-000-222-XXX1,006,3821,051,6531,084,428
Instructional Staff Training Services 11-000-223-XXX402,344443,538498,579
General Administration 11-000-230-XXX1,214,8831,397,4611,318,814
School Administration 11-000-240-XXX2,533,5842,703,6832,737,869
Central Svcs & Admin Info Technology 11-000-25X-XXX1,146,5421,277,4871,275,611
Operation and Maintenance of Plant Services 11-000-26X-XXX7,286,8937,990,0638,170,587
Student Transportation Services 11-000-270-XXX5,523,3665,128,6645,301,997
Personal Services - Employee Benefits 11-XXX-XXX-2XX10,042,12710,587,98711,145,155
Total Support Services Expenditures 36,413,58038,577,24339,483,229
TOTAL GENERAL CURRENT EXPENSE 63,683,36267,680,77969,513,128
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X3,50025,1000
Facilities Acquisition and Construction Services 12-000-4XX-XXX492,134919,9500
TOTAL CAPITAL EXPENDITURES 495,634945,0500
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 64,178,99668,625,82969,513,128
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX26,37435,6570
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX17,38217,04317,043
Nonpublic Handicapped Services 20-XXX-XXX-XXX48,84531,57431,574
Nonpublic Nursing Services 20-XXX-XXX-XXX24,00923,00523,005
Nonpublic Technology Initiative 20-XXX-XXX-XXX6,32011,92011,920
Other Special Projects 20-XXX-XXX-XXX2,53826,1330
Total State Projects 99,094109,67583,542
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX864,068859,749859,749
Other Special Projects 20-XXX-XXX-XXX305,937424,247415,062
Total Federal Projects 1,170,0051,283,9961,274,811
TOTAL GRANTS AND ENTITLEMENTS 1,295,4731,429,3281,358,353
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX6,682,6556,625,8406,529,562
TOTAL REPAYMENT OF DEBT 6,682,6556,625,8406,529,562
Total Expenditures 72,157,12476,680,99777,401,043

 

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 Budget1,411,4641,637,6391,599,2121,299,212
  Repayment of Debt153,8449,6684920
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve122,104485,649175,649175,649
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve4,230,0363,294,8691,287,6950
      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 Cost10,04710,48311,23411,28311,628
Total Classroom Instruction5,7536,0806,4646,4496,693
Classroom-Salaries and Benefits5,4035,7106,0726,0596,266
Classroom-General Supplies and Textbooks233242268266307
Classroom-Purchased Services and Other116129125125121
Total Support Services1,3451,3811,5481,5611,627
Support Services-Salaries and Benefits1,1901,2281,3591,3781,443
Total Administrative Costs1,0791,1151,1921,2121,212
Administration-Salaries and Benefits887915966967993
Total Operations and Maintenance of Plant1,5061,5041,6061,6371,678
Operations & Maintenance of Plant-Salary & Ben.582606663638664
Total Food Services Costs00000
Total Extracurricular Costs292310335335325
Total Equipment Costs21550
Employee Benefits as a % of Salaries24.726.32625.826.4

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.

 

Unusual Revenues and Appropriations
SourceAmountDescription
Demand Response48,000 Revenue for reducing energy during peak
Solar Renewable Energy Cr45,000 Sale of energy not used back to utility
Participation Fees100,000 Fees charged to sport/club participants
Total Unusual Revenues193,000 

 

Shared Services
  • Listing of shared services with Montgomery Township:
  • - Computer Technician shared 50/50
  • - Cost of high school pool service shared
  • - Purchase of gasoline and salt through county co-op program
  • - School facilities used for township recreation programs
  • - Use of township equipmt on periodic school parkinglot/driveway repairs
  • Listing of other shared services:
  • - Joint transportation agreements with other shcool districts
  • - ACES
  • - Cooperative purchasing through Ed Data
  • - ERIC North workers compensation joint insurance fund
  • - SAIF property, casualty & liability joint insurance fund

 

Estimated Tax Rate Information
A. Estimated 09-10 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy60,629,655 (A)
Estimated Net Taxable Valuation (as of 01/01/2009)3,766,716,686 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)x1001.6096 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy66,843,584 (D)
Estimated Net Taxable Valuation (as of 01/01/2009)3,766,716,686 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)x1001.7746 (F)
B. Estimated 09-10 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy60,629,655 (G)
Estimated Equalized Valuation (as of 10/01/2008)5,124,163,852 (H)
Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)x1001.1832 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy66,843,584 (J)
Estimated Equalized Valuation (as of 10/01/2008)5,124,163,852 (K)
Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)x1001.3045 (L)