04/01/2009 SOMERSET - SOUTH BOUND BROOK
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2007 October 15, 2008 October 15, 2009
Actual Actual Estimated
Pupils on Roll Regular Full-Time 402 376 377
Pupils on Roll - Special Full-Time 53 49 51
Private School Placements 8 9
Pupils Sent to Other Districts-Reg Prog 105 96 97
Pupils Sent to Other Dists-Spec Ed Prog 22 27 35
Pupils in State Facilities 1
SOMERSET - SOUTH BOUND BROOK
Advertised Revenues
Budget Category Account 2007-08 2008-09 2009-10
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 64,937 216,690
Withdrawal from Cap Res-for Local Share 10-307 84,013 569,000
Revenues from Local Sources:
Local Tax Levy 10-1210 5,067,874 5,045,171 5,257,346
Interest Earned on Capital Reserve Funds 10-1XXX 4,204 1,000
Unrestricted Miscellaneous Revenues 10-1XXX 33,846 31,000 2,700
SUBTOTAL 5,105,924 5,077,171 5,260,046
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 1,828,727
Supplemental Core Curriculum Standards Aid 10-3112 276,937
Transportation Aid 10-3120 75,396
Special Education Aid 10-3130 516,146
Bilingual Education 10-3140 47,816
Extraordinary Aid 10-3131 69,618 30,000
Consolidated Aid 10-3195 70,769
Additional Formula Aid 10-3196 176,204
Other State Aids 10-3XXX 14,643
Categorical Special Education Aid 10-3132 311,905 306,633
Equalization Aid 10-3176 2,957,875 2,941,723
Categorical Security Aid 10-3177 87,259 81,008
Categorical Transportation Aid 10-3121 60,824 88,499
SUBTOTAL 3,006,638 3,487,481 3,447,863
Adjustment for Prior Year Encumbrances 12,051
Actual Revenues (Over)/Under Expenditures -99,456
TOTAL OPERATING BUDGET 8,013,106 8,725,653 9,493,599
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 37,295
Revenues from State Sources:
Demonstrably Effective Program Aid 20-3212 53,868
Instructional Supplement Aid 20-3214 23,688
Other Restricted Entitlements 20-32XX 81,000
TOTAL REVENUES FROM STATE SOURCES 158,556
Revenues from Federal Sources:
Title I 20-4411-4416 87,647 103,258 85,012
I.D.E.A. Part B (Handicapped) 20-4420-4429 135,183 133,292 108,066
Other 20-4XXX 19,592
TOTAL REVENUES FROM FEDERAL SOURCES 242,422 236,550 193,078
TOTAL GRANTS AND ENTITLEMENTS 438,273 236,550 193,078
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 356,072 373,820 375,420
TOTAL REVENUES FROM LOCAL SOURCES 356,072 373,820 375,420
TOTAL LOCAL REPAYMENT OF DEBT 356,072 373,820 375,420
Actual Revenues (Over)/Under Expenditures 15,748
TOTAL REPAYMENT OF DEBT 371,820 373,820 375,420
TOTAL REVENUES/SOURCES 8,823,199 9,336,023 10,062,097
SOMERSET - SOUTH BOUND BROOK
Advertised Appropriations
Budget Category Account 2007-08 2008-09 2009-10
Expenditures Rev. Approp. Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX 1,948,216 2,066,260 2,037,827
Special Education 11-2XX-100-XXX 431,739 492,697 459,900
Basic Skills/Remedial 11-230-100-XXX 44,094 84,023 25,010
Bilingual Education 11-240-100-XXX 62,572 50,400 50,700
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 32,552 27,072 32,167
School Sponsored Athletics 11-402-100-XXX 13,220 21,260 18,674
Support Services:
Tuition 11-000-100-XXX 2,225,975 2,060,036 2,321,263
Attendance and Social Work Services 11-000-211-XXX 31,516
Health Services 11-000-213-XXX 162,911 171,243 114,163
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217 95,867 101,285 242,377
Guidance 11-000-218-XXX 68,354 112,408 83,797
Child Study Teams 11-000-219-XXX 273,270 296,662 289,518
Improvement of Instructional Services 11-000-221-XXX 239,286 364,780 316,174
Educational Media Services - School Library 11-000-222-XXX 61,063 87,037 71,446
Instructional Staff Training Services 11-000-223-XXX 4,089 12,300 6,750
General Administration 11-000-230-XXX 277,827 303,772 298,033
School Administration 11-000-240-XXX 199,782 158,399 112,910
Central Svcs & Admin Info Technology 11-000-25X-XXX 172,063 185,342 186,275
Operation and Maintenance of Plant Services 11-000-26X-XXX 517,940 624,477 655,031
Student Transportation Services 11-000-270-XXX 319,987 352,980 451,486
Personal Services - Employee Benefits 11-XXX-XXX-2XX 811,610 1,008,600 1,054,386
Total Support Services Expenditures 5,430,024 5,839,321 6,235,125
TOTAL GENERAL CURRENT EXPENSE 7,962,417 8,581,033 8,859,403
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-604 35,000
Interest Earned on Capital Reserve 10-604 1,000
Equipment 12-XXX-XXX-73X 37,523 40,400
Facilities Acquisition and Construction Services 12-000-4XX-XXX 4,883
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931 84,013 569,000
TOTAL CAPITAL EXPENDITURES 37,523 120,013 614,283
SPECIAL SCHOOLS
Summer School:
Instruction 13-422-100-XXX 13,166 24,607 9,582
Total Summer School 13,166 24,607 9,582
TOTAL SPECIAL SCHOOLS 13,166 24,607 9,582
Transfer of Funds to Charter Schools 10-000-100-56X 10,331
OPERATING BUDGET GRAND TOTAL 8,013,106 8,725,653 9,493,599
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX 37,295
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX 25,582
Support Services 20-212-200-XXX 28,286
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 53,868
Instructional Supplement Aid:
Instruction 20-214-100-XXX 21,082
Support Services 20-214-200-XXX 2,606
TOTAL INSTRUCTIONAL SUPPLEMENT AID 23,688
Other State Projects:
Instruction 20-217-100-XXX 55,967
Support Services 20-217-200-XXX 25,033
TOTAL TARA USED TO SUPPORT PROGRAMS 81,000
Total State Projects 158,556
Federal Projects:
Title I 20-XXX-XXX-XXX 87,647 103,258 85,012
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 135,183 133,292 108,066
Other Special Projects 20-XXX-XXX-XXX 19,592
Total Federal Projects 242,422 236,550 193,078
TOTAL GRANTS AND ENTITLEMENTS 438,273 236,550 193,078
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 371,820 373,820 375,420
TOTAL REPAYMENT OF DEBT 371,820 373,820 375,420
Total Expenditures 8,823,199 9,336,023 10,062,097
DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
Local Contrib-Transfer to Grants & Entitlements 11-1XX-100-930
Capital Reserve - Transfer to Repayment of Debt 12-000-400-933
TOTAL EXPENDITURES NET OF TRANSFERS 8,823,199 9,336,023 10,062,097
SOMERSET - SOUTH BOUND BROOK
Advertised Recapitulation of Balance
Audited Audited Estimated Estimated
Balance Balance Balance Balance
Budget Category 6/30/2007 6/30/2008 6/30/2009 6/30/2010
Unreserved:
General Operating Budget 280,963 264,643 250,000 250,000
Repayment of Debt 15,748 0 0 0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve 142,787 649,606 601,593 32,593
Adult Education Programs 0 0 0 0
Maintenance Reserve 0 0 0 0
Legal Reserve 427,578 281,627 216,690 0
Tuition Reserve 0 0 0 0
Current Expense Emergency Reserve 0 0 0 0
Reserved for Repayment of Debt 0 0 0 0
SOMERSET - SOUTH BOUND BROOK
Advertised Per Pupil Cost Calculations
2009 - 2010
2006-07 2007-08 2008-09 2008-09 2009-2010
Actual Actual Original Revised Proposed
Budget Budget Budget
Per Pupil Cost Calculations: (1) (2) (3) (4) (5)
Total Comparative Per Pupil Cost 11330 12644 13239 14547 14254
Total Classroom Instruction 6326 6985 7093 7809 7554
Classroom-Salaries and Benefits 6105 6583 6671 7335 7221
Classroom-General Supplies and Textbooks 135 247 322 352 183
Classroom-Purchased Services and Other 85 155 101 122 150
Total Support Services 2122 2566 2997 3266 3289
Support Services-Salaries and Benefits 1797 2493 2713 2841 2754
Total Administrative Costs 1634 1768 1662 1839 1714
Administration-Salaries and Benefits 1356 1554 1430 1572 1491
Total Operations and Maintenance of Plant 1113 1197 1351 1482 1544
Operations & Maintenance of Plant-Salary & Ben. 13 26 40 44 48
Total Food Services Costs 0 0
Total Extracurricular Costs 129 124 127 140 148
Total Equipment Costs 51 86 0 0 95
Employee Benefits as a % of Salaries 24.8 21.3 24.5 24.8 26.8
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.
SOMERSET - SOUTH BOUND BROOK
Shared Services -- Description of Shared Services
_________________________________________________
South Bound Brook shares services with the borough through maintenance
of the grounds, use of the parking lot and snow plowing. In return, the
borough council uses the school building for its meetings, and the
recreation committee is in the building almost every night for various
recreational programs, from basketball to softball, and Teen Night.
In addition, the school district participates in shared purchasing agree-
ments through Hunterdon County ESC, joint transportation agreements with
Bound Brook and Somerset and Middlesex Counties ESC, and joint purchasing
agreement for gas through Middlesex County ESC and joint electricity
and telephone service purchasing through NJASBO's ACT and ACES con-
sortium.
SOMERSET - SOUTH BOUND BROOK
22a. Estimated Tax Rate Information
______________________________
A. Estimated 09-10 School Tax Rate
__________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 5,151,259 (A)
Estimated Net Taxable Valuation (as of 10/01/2008 ) 166,098,176 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)X100 3.1013 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,525,879 (D)
Estimated Net Taxable Valuation (as of 10/01/2008 ) 166,098,176 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)X100 3.3269 (F)
B. Estimated 09-10 Equalized School Tax Rate
____________________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 5,151,259 (G)
Estimated Equalized Valuation (as of 10/01/2008 ) 372,215,705 (H)
Estimated 09-10 Equalized General Fund School
Tax Rate=(G)/(H)X100 1.3839 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,525,879 (J)
Estimated Equalized Valuation (as of 10/01/2008 ) 372,215,705 (K)
Estimated 09-10 Equalized Total School
Tax Rate=(J)/(K)X100 1.4846 (L)