03/25/2008 SOMERSET - BERNARDS TWP
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2006 October 15, 2007 October 15, 2008
Actual Actual Estimated
Pupils on Roll Regular Full-Time 4854 4885 4926
Pupils on Roll Regular Shared-Time 1 7 7
Pupils on Roll - Special Full-Time 569 610 610
Pupils on Roll - Special Shared-Time 4 2 2
Private School Placements 23 22 29
Pupils Sent to Other Districts-Reg Prog 4 4 4
Pupils Sent to Other Dists-Spec Ed Prog 12 9 10
Pupils Received 13 15 11
SOMERSET - BERNARDS TWP
Advertised Revenues
Budget Category Account 2006-07 2007-08 2008-09
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 1,076,430 3,533,129
Transfers from Other Funds 10-5200 2,607,177
Revenues from Local Sources:
Local Tax Levy 10-1210 61,313,765 63,779,923 66,837,438
Tuition 10-1300 860,467 366,138 517,260
Transportation Fees from Individuals 10-1410 205,974 165,000
Interest Earned on Capital Reserve Funds 10-1XXX 500
Other Restricted Miscellaneous Revenues 10-1XXX 292,000
Unrestricted Miscellaneous Revenues 10-1XXX 486,911 383,716 640,240
SUBTOTAL 62,867,117 64,694,777 68,287,438
Revenues from State Sources:
Transportation Aid 10-3120 967,125 967,125
Special Education Aid 10-3130 2,022,369 2,022,369
Bilingual Education 10-3140 52,596 52,596
Extraordinary Aid 10-3131 169,829 449,491
Consolidated Aid 10-3195 298,533 298,533
Additional Formula Aid 10-3196 100,219 215,771
Other State Aids 10-3XXX 456,183 410,901
Categorical Special Education Aid 10-3132 2,945,090
Categorical Security Aid 10-3177 422,273
Categorical Transportation Aid 10-3121 1,137,714
SUBTOTAL 4,066,854 3,967,295 4,954,568
Actual Revenues (Over)/Under Expenditures -3,236,512
TOTAL OPERATING BUDGET 66,304,636 69,738,502 76,775,135
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 120,713 94,503
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 238,068 250,228
TOTAL REVENUES FROM STATE SOURCES 238,068 250,228
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 1,093,720 1,113,672
Other 20-4XXX 102,008 480,748 950,000
TOTAL REVENUES FROM FEDERAL SOURCES 1,195,728 1,594,420 950,000
TOTAL GRANTS AND ENTITLEMENTS 1,554,509 1,939,151 950,000
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 1
Revenues from Local Sources:
Local Tax Levy 40-1210 5,661,267 5,461,181 5,243,925
Miscellaneous 40-1XXX 10,064,473
TOTAL REVENUES FROM LOCAL SOURCES 15,725,740 5,461,181 5,243,925
Revenues from State Sources:
Debt Service Aid Type II 40-3160 1,038,703
TOTAL LOCAL REPAYMENT OF DEBT 15,725,740 5,461,181 6,282,629
TOTAL REPAYMENT OF DEBT 15,725,740 5,461,181 6,282,629
TOTAL REVENUES/SOURCES 83,584,885 77,138,834 84,007,764
SOMERSET - BERNARDS TWP
Advertised Appropriations
Budget Category Account 2006-07 2007-08 2008-09
Expenditures Rev. Approp. Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX 22,054,568 23,209,515 24,939,556
Special Education 11-2XX-100-XXX 7,019,731 7,404,962 7,992,352
Basic Skills/Remedial 11-230-100-XXX 813,441 815,847 823,423
Bilingual Education 11-240-100-XXX 130,368 136,563 142,341
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 239,998 373,417 388,041
School Sponsored Athletics 11-402-100-XXX 863,477 666,032 642,836
Support Services:
Tuition 11-000-100-XXX 2,152,476 2,463,913 2,487,963
Health Services 11-000-213-XXX 505,277 567,072 622,661
Students - Related & Extraordinary 11-000-216,217 1,203,429 1,366,301 1,485,197
Guidance 11-000-218-XXX 1,707,337 1,696,886 1,879,276
Child Study Teams 11-000-219-XXX 1,512,904 1,775,737 1,797,719
Improvement of Instructional Services 11-000-221-XXX 858,631 780,921 737,568
Educational Media Services - School Library 11-000-222-XXX 817,747 950,128 1,005,599
Instructional Staff Training Services 11-000-223-XXX 879,521 950,416 1,050,755
General Administration 11-000-230-XXX 969,360 1,113,205 939,198
School Administration 11-000-240-XXX 2,723,995 2,685,860 2,681,328
Central Svcs & Admin Info Technology 11-000-25X-XXX 975,601 949,962 1,066,204
Operation and Maintenance of Plant Services 11-000-26X-XXX 7,633,494 7,913,854 8,958,218
Student Transportation Services 11-000-270-XXX 3,926,203 4,113,155 4,239,403
Personal Services - Employee Benefits 11-XXX-XXX-2XX 8,483,771 9,320,334 9,993,991
Total Support Services Expenditures 34,349,746 36,647,744 38,945,080
TOTAL GENERAL CURRENT EXPENSE 65,471,329 69,254,080 73,873,629
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604 500
Equipment 12-XXX-XXX-73X 303,947 203,727 152,522
Facilities Acquisition and Construction Services 12-000-4XX-XXX 529,360 270,695 2,748,484
TOTAL CAPITAL EXPENDITURES 833,307 474,422 2,901,506
Transfer of Funds to Charter Schools 10-000-100-56X 10,000
OPERATING BUDGET GRAND TOTAL 66,304,636 69,738,502 76,775,135
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX 120,713 94,503
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX 39,960 39,011
Nonpublic Auxiliary Services 20-XXX-XXX-XXX 26,785 33,920
Nonpublic Handicapped Services 20-XXX-XXX-XXX 82,548 95,491
Nonpublic Nursing Services 20-XXX-XXX-XXX 53,164 53,886
Nonpublic Technology Initiative 20-XXX-XXX-XXX 28,640 27,920
Other Special Projects 20-XXX-XXX-XXX 6,971
Total State Projects 238,068 250,228
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 1,093,720 1,113,672
Other Special Projects 20-XXX-XXX-XXX 102,008 480,748 950,000
Total Federal Projects 1,195,728 1,594,420 950,000
TOTAL GRANTS AND ENTITLEMENTS 1,554,509 1,939,151 950,000
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 15,725,740 5,461,181 6,282,629
TOTAL REPAYMENT OF DEBT 15,725,740 5,461,181 6,282,629
Total Expenditures 83,584,885 77,138,834 84,007,764
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 83,584,885 77,138,834 84,007,764
SOMERSET - BERNARDS TWP
Advertised Recapitulation of Balance
Audited Audited Estimated Estimated
Balance Balance Balance Balance
Budget Category 6/30/2006 6/30/2007 6/30/2008 6/30/2009
Unreserved:
General Operating Budget 1,696,910 1,704,900 1,394,770 1,394,770
Repayment of Debt 1 1 1 0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve 55,567 56,067 56,067 56,567
Adult Education Programs 0 0 0 0
Maintenance Reserve 0 0 0 0
Legal Reserve 1,487,551 4,445,863 3,533,129 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 - BERNARDS TWP
Advertised Per Pupil Cost Calculations
2008 - 2009
2005-06 2006-07 2007-08 2007-08 2008-2009
Actual Actual Original Revised Proposed
Budget Budget Budget
Per Pupil Cost Calculations: (1) (2) (3) (4) (5)
Total Comparative Per Pupil Cost 10676 10841 11082 11388 12119
Total Classroom Instruction 6896 6601 6776 6958 7417
Classroom-Salaries and Benefits 6542 6270 6425 6593 7040
Classroom-General Supplies and Textbooks 295 267 286 297 308
Classroom-Purchased Services and Other 59 63 65 68 68
Total Support Services 1329 1632 1746 1761 1858
Support Services-Salaries and Benefits 1196 1482 1600 1571 1678
Total Administrative Costs 844 970 965 1002 1002
Administration-Salaries and Benefits 685 800 804 801 847
Total Operations and Maintenance of Plant 1373 1407 1389 1451 1629
Operations & Maintenance of Plant-Salary & Ben. 47 58 67 62 65
Total Food Services Costs 0 0
Total Extracurricular Costs 235 232 206 216 213
Total Equipment Costs 45 56 34 37 28
Employee Benefits as a % of Salaries 20.0 21.5 22.7 22.7 22.6
The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
are contained in the 2008 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 2007-08 revised appropriations and 2008-09 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 - BERNARDS TWP
Unusual Revenues and Appropriations
___________________________________
Line Number Revenue Source or 08-09 Amount Description of circumstances
Approp. Due to
Total Unusual Revenues:
0 Total Unusual Appropriations: 0
SOMERSET - BERNARDS TWP
Shared Services -- Description of Shared Services
_________________________________________________
Bernards Township:
Township built 2 tennis courts on municipal property. District �
funded project.
District purchases fuel for trucks and vans through Township.
Township uses district fields and gyms.In return the Township does the
district snow removal.
Township engineer does engineering/design work for several district
projects.
Township stores some police vehicles/equipment in Dstrict facilities.
Township gave easement so district could build access road at high
school.
SOMERSET - BERNARDS TWP
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 65,308,681 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 ) 7,145,579,652 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.9140 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 70,934,294 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 ) 7,145,579,652 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.9927 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 65,308,681 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 7,202,420,728 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.9068 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 70,934,294 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 7,202,420,728 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.9849 (L)