03/26/2010 SOMERSET - SOUTH BOUND BROOK
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2008 October 15, 2009 October 15, 2010
Actual Actual Estimated
Pupils on Roll Regular Full-Time 376 380 391
Pupils on Roll - Special Full-Time 49 49 51
Private School Placements 9 8 8
Pupils Sent to Other Districts-Reg Prog 96 101 101
Pupils Sent to Other Dists-Spec Ed Prog 27 26 23
Pupils in State Facilities 1 1 3
SOMERSET - SOUTH BOUND BROOK
Advertised Revenues
Budget Category Account 2008-09 2009-10 2010-11
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 216,690 110,033
Withdrawal from Cap Res-for Local Share 10-307 569,000
Revenues from Local Sources:
Local Tax Levy 10-1210 5,045,171 5,166,471 5,373,130
Interest Earned on Capital Reserve Funds 10-1XXX 2,544 1,000
Other Restricted Miscellaneous Revenues 10-1XXX 12,730
Unrestricted Miscellaneous Revenues 10-1XXX 2,700 8,850
SUBTOTAL 5,060,445 5,169,171 5,382,980
Revenues from State Sources:
Extraordinary Aid 10-3131 69,618 30,000 65,708
Categorical Special Education Aid 10-3132 311,905 306,633 54,504
Equalization Aid 10-3176 2,947,889 2,407,959 2,893,787
Categorical Security Aid 10-3177 87,259 81,008
Categorical Transportation Aid 10-3121 60,824 88,499
SUBTOTAL 3,477,495 2,914,099 3,013,999
Revenues from Federal Sources:
Equalization Aid - ARRA ESF 16-4520 513,871
Equalization Aid - ARRA GSF 17-4521 19,893
SUBTOTAL 533,764
Adjustment for Prior Year Encumbrances 165,410
Actual Revenues (Over)/Under Expenditures -217,342
TOTAL OPERATING BUDGET 8,320,598 9,568,134 8,507,012
GRANTS AND ENTITLEMENTS
Revenues from Federal Sources:
Title I 20-4411-4416 102,269 85,012 80,643
I.D.E.A. Part B (Handicapped) 20-4420-4429 140,140 108,066 108,829
Other 20-4XXX 28,867
TOTAL REVENUES FROM FEDERAL SOURCES 271,276 193,078 189,472
TOTAL GRANTS AND ENTITLEMENTS 271,276 193,078 189,472
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 373,820 375,420 376,395
TOTAL REVENUES FROM LOCAL SOURCES 373,820 375,420 376,395
TOTAL LOCAL REPAYMENT OF DEBT 373,820 375,420 376,395
TOTAL REPAYMENT OF DEBT 373,820 375,420 376,395
TOTAL REVENUES/SOURCES 8,965,694 10,136,632 9,072,879
SOMERSET - SOUTH BOUND BROOK
Advertised Appropriations
Budget Category Account 2008-09 2009-10 2010-11
Expenditures Rev. Approp. Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX 1,972,376 2,022,771 1,954,054
Special Education 11-2XX-100-XXX 445,562 459,900 445,800
Basic Skills/Remedial 11-230-100-XXX 123,171 884
Bilingual Education 11-240-100-XXX 48,985 50,800 53,160
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 25,925 32,534 24,769
School Sponsored Athletics 11-402-100-XXX 21,260 5,154 4,465
Support Services:
Tuition 11-000-100-XXX 1,979,206 2,375,019 2,062,595
Attendance and Social Work Services 11-000-211-XXX 26,657 27,931
Health Services 11-000-213-XXX 139,877 127,341 117,021
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217 123,494 242,377 238,551
Guidance 11-000-218-XXX 109,598 83,797 84,395
Child Study Teams 11-000-219-XXX 281,608 290,394 327,279
Improvement of Instructional Services 11-000-221-XXX 281,768 316,174 177,036
Educational Media Services - School Library 11-000-222-XXX 76,266 71,446 161,875
Instructional Staff Training Services 11-000-223-XXX 3,128 6,750
General Administration 11-000-230-XXX 297,956 305,422 176,398
School Administration 11-000-240-XXX 157,826 112,910 114,953
Central Svcs & Admin Info Technology 11-000-25X-XXX 178,843 186,275 199,895
Operation and Maintenance of Plant Services 11-000-26X-XXX 555,092 706,293 631,903
Student Transportation Services 11-000-270-XXX 429,810 447,428 458,280
Personal Services - Employee Benefits 11-XXX-XXX-2XX 901,712 1,037,259 1,093,368
Total Support Services Expenditures 5,516,184 6,335,542 5,871,480
TOTAL GENERAL CURRENT EXPENSE 8,153,463 8,907,585 8,353,728
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604 1,000
Equipment 12-XXX-XXX-73X 66,753
Facilities Acquisition and Construction Services 12-000-4XX-XXX 4,883 39,623
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931 150,403 569,000
TOTAL CAPITAL EXPENDITURES 150,403 640,636 40,623
SPECIAL SCHOOLS
Summer School:
Instruction 13-422-100-XXX 16,732 9,582 11,960
Total Summer School 16,732 9,582 11,960
TOTAL SPECIAL SCHOOLS 16,732 9,582 11,960
Transfer of Funds to Charter Schools 10-000-100-56X 10,331 100,701
OPERATING BUDGET GRAND TOTAL 8,320,598 9,568,134 8,507,012
SPECIAL GRANTS AND ENTITLEMENTS
Title I 20-XXX-XXX-XXX 102,269 85,012 80,643
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 140,140 108,066 108,829
Other Special Projects 20-XXX-XXX-XXX 28,867
Total Federal Projects 271,276 193,078 189,472
TOTAL GRANTS AND ENTITLEMENTS 271,276 193,078 189,472
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 373,820 375,420 376,395
TOTAL REPAYMENT OF DEBT 373,820 375,420 376,395
Total Expenditures 8,965,694 10,136,632 9,072,879
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
Transfer Property Sale Proceeds to Debt Svc Res 11-000-520-934
TOTAL EXPENDITURES NET OF TRANSFERS 8,965,694 10,136,632 9,072,879
SOMERSET - SOUTH BOUND BROOK
Advertised Recapitulation of Balance
Audited Audited Estimated Estimated
Balance Balance Balance Balance
Budget Category 6/30/2008 6/30/2009 6/30/2010 6/30/2011
Unassigned:
General Operating Budget 264,643 250,000 250,000 250,000
Repayment of Debt 0 0 0 0
Restricted for Specific Purposes:
General Operating Budget:
Capital Reserve 649,606 683,136 114,136 115,136
Adult Education Programs 0 0 0 0
Maintenance Reserve 0 0 0 0
Legal Reserve 281,627 326,723 110,033 0
Tuition Reserve 0 0 0 0
Current Expense Emergency Reserve 0 0 0 0
Restricted for Repayment of Debt 0 0 0 0
SOMERSET - SOUTH BOUND BROOK
Advertised Per Pupil Cost Calculations
2010 - 2011
2007-08 2008-09 2009-10 2009-10 2010-2011
Actual Actual Original Revised Proposed
Budget Budget Budget
Per Pupil Cost Calculations: (1) (2) (3) (4) (5)
Total Comparative Per Pupil Cost 12644 13431 14056 14284 13440
Total Classroom Instruction 6985 7369 7410 7451 7245
Classroom-Salaries and Benefits 6583 7040 7077 7103 6994
Classroom-General Supplies and Textbooks 247 231 183 197 157
Classroom-Purchased Services and Other 155 98 150 150 94
Total Support Services 2566 2846 3274 3315 3232
Support Services-Salaries and Benefits 2493 2528 2739 2748 2716
Total Administrative Costs 1768 1768 1714 1735 1402
Administration-Salaries and Benefits 1554 1522 1491 1494 1188
Legal Costs 0 0 23 32 23
Total Operations and Maintenance of Plant 1197 1306 1544 1668 1467
Operations & Maintenance of Plant-Salary & Ben. 26 41 48 48 46
Total Food Services Costs 0 0 0 0 0
Total Extracurricular Costs 124 134 108 109 85
Total Equipment Costs 86 0 95 157 0
Employee Benefits as a % of Salaries 21.3 22.9 26.8 26.8 29.5
The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
are contained in the 2010 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 2009-10 revised appropriations and 2010-11 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
Unusual Revenues and Appropriations
___________________________________
Line Number Revenue Source or 10-11 Amount Description of circumstances
Approp. Due to
Total Unusual Revenues:
0 Total Unusual Appropriations: 0
SOMERSET - SOUTH BOUND BROOK
Shared Services -- Description of Shared Services
_________________________________________________
sbb shares sevices with borough in grounds maint,parking lot maint, snow
and garbage removal. Borough uses our facility as a community center, fo
r rec programs Monday to Saturday each week. sbb boe participates shared
services for banking, purchasing, transportation , electiricity, gas and
telsphone serivices.
SOMERSET - SOUTH BOUND BROOK
22a. Estimated Tax Rate Information
______________________________
A. Estimated 10-11 School Tax Rate
__________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 5,269,801 (A)
Estimated Net Taxable Valuation (as of 10/01/2009 ) 342,583,600 (B)
Estimated 10-11 General Fund School Tax Rate=(A)/(B)X100 1.5383 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,645,709 (D)
Estimated Net Taxable Valuation (as of 10/01/2009 ) 342,583,600 (E)
Estimated 10-11 Total School Tax Rate=(D)/(E)X100 1.6480 (F)
B. Estimated 10-11 Equalized School Tax Rate
____________________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 5,269,801 (G)
Estimated Equalized Valuation (as of 10/01/2009 ) 351,527,291 (H)
Estimated 10-11 Equalized General Fund School
Tax Rate=(G)/(H)X100 1.4991 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,645,709 (J)
Estimated Equalized Valuation (as of 10/01/2009 ) 351,527,291 (K)
Estimated 10-11 Equalized Total School
Tax Rate=(J)/(K)X100 1.6061 (L)
SOMERSET - SOUTH BOUND BROOK
17. Salaries and Benefits of Certain District Employees
Name Dr. Carol Rosevear
Job Title Superintendent
Base Annual Salary 180,000
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 07/01/2006
Ending Date of Contract 06/30/2011
Annual Work Days 261
Annual Vacation Days 27
Annual Sick Days 15
Annual Personal Days 3
Annual Consulting Days 0
Other Non-working days 0
Description-Other Non-working Days
Benefits:
Allowances 2,250
Bonuses 0
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 0
Dental Insurance 367
Life Insurance 0
Other Insurances 2,700
Retirement Plans 0
Post-Employment Benefits 47,250
Description of:
Buyback of Sick Days
Buyback of Vac. Days
Buyback of Personal Days
Other Post-Emp. Benefits $750 per day 46 days (sick pay)
Other Post-Emp. Benefits $750 per day 17 days (sick pay)
Other Post-Emp. Benefits
In-Kind and Other Remuneration 0
Description of:
Annual Buyback of Sick Days
Annual Buyback of Vac. Days
Annual Buyback of Personal Days
All Other In-Kind/Remuneration
Additional Comments
SOMERSET - SOUTH BOUND BROOK
17. Salaries and Benefits of Certain District Employees
Name Michael Butkus
Job Title Coordinator/Dir./Mgr./Supvr.
Base Annual Salary 84,235
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 07/01/2009
Ending Date of Contract 06/30/2010
Annual Work Days 261
Annual Vacation Days 20
Annual Sick Days 12
Annual Personal Days 3
Annual Consulting Days 0
Other Non-working days 0
Description-Other Non-working Days
Benefits:
Allowances 0
Bonuses 0
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 13,939
Dental Insurance 0
Life Insurance 0
Other Insurances 0
Retirement Plans 0
Post-Employment Benefits 2,345
Description of:
Buyback of Sick Days
Buyback of Vac. Days
Buyback of Personal Days
Other Post-Emp. Benefits 67 days @ $35 per day
Other Post-Emp. Benefits
Other Post-Emp. Benefits
In-Kind and Other Remuneration 0
Description of:
Annual Buyback of Sick Days
Annual Buyback of Vac. Days
Annual Buyback of Personal Days
All Other In-Kind/Remuneration
Additional Comments
SOMERSET - SOUTH BOUND BROOK
17. Salaries and Benefits of Certain District Employees
Name Dennis Donahue
Job Title Principal
Base Annual Salary 127,662
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? Y
Contract Terms:
Beginning Date of Contract 07/01/2007
Ending Date of Contract 06/30/2010
Annual Work Days 261
Annual Vacation Days 22
Annual Sick Days 12
Annual Personal Days 3
Annual Consulting Days 0
Other Non-working days 0
Description-Other Non-working Days
Benefits:
Allowances 0
Bonuses 0
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 7,000
Dental Insurance 495
Life Insurance 200
Other Insurances 0
Retirement Plans 0
Post-Employment Benefits 24,550
Description of:
Buyback of Sick Days
Buyback of Vac. Days
Buyback of Personal Days
Other Post-Emp. Benefits $80 per day @ retirement(sick pay)
Other Post-Emp. Benefits $532 per day 26 days (vacation)
Other Post-Emp. Benefits
In-Kind and Other Remuneration 0
Description of:
Annual Buyback of Sick Days
Annual Buyback of Vac. Days
Annual Buyback of Personal Days
All Other In-Kind/Remuneration
Additional Comments
SOMERSET - SOUTH BOUND BROOK
17. Salaries and Benefits of Certain District Employees
Name Joseph Marra
Job Title Business Administrator
Base Annual Salary 87,500
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 07/01/2009
Ending Date of Contract 06/30/2010
Annual Work Days 261
Annual Vacation Days 20
Annual Sick Days 12
Annual Personal Days 3
Annual Consulting Days 0
Other Non-working days 0
Description-Other Non-working Days
Benefits:
Allowances 1,100
Bonuses 0
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 0
Dental Insurance 367
Life Insurance 0
Other Insurances 0
Retirement Plans 0
Post-Employment Benefits 0
Description of:
Buyback of Sick Days
Buyback of Vac. Days
Buyback of Personal Days
Other Post-Emp. Benefits @ retirement $80 per day/max 50 days
Other Post-Emp. Benefits
Other Post-Emp. Benefits
In-Kind and Other Remuneration 0
Description of:
Annual Buyback of Sick Days
Annual Buyback of Vac. Days
Annual Buyback of Personal Days
All Other In-Kind/Remuneration
Additional Comments
SOMERSET - SOUTH BOUND BROOK
17. Salaries and Benefits of Certain District Employees
Name Wendy Stein
Job Title Coordinator/Dir./Mgr./Supvr.
Base Annual Salary 112,810
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? Y
Contract Terms:
Beginning Date of Contract 07/01/2007
Ending Date of Contract 06/30/2010
Annual Work Days 261
Annual Vacation Days 22
Annual Sick Days 12
Annual Personal Days 3
Annual Consulting Days 0
Other Non-working days 0
Description-Other Non-working Days
Benefits:
Allowances 775
Bonuses 0
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 0
Dental Insurance 495
Life Insurance 0
Other Insurances 0
Retirement Plans 0
Post-Employment Benefits 0
Description of:
Buyback of Sick Days
Buyback of Vac. Days
Buyback of Personal Days
Other Post-Emp. Benefits $80 per day @ retirement
Other Post-Emp. Benefits
Other Post-Emp. Benefits
In-Kind and Other Remuneration 0
Description of:
Annual Buyback of Sick Days
Annual Buyback of Vac. Days
Annual Buyback of Personal Days
All Other In-Kind/Remuneration
Additional Comments