Self-Discipline and Mutual Respect Friday, July 25, 2008
   



 02/27/2008                                         MORRIS  -  MORRIS PLAINS BORO

                                                    Advertised Enrollments

ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
Pupils on Roll Regular Full-Time                       557                      553                      739


Pupils on Roll - Special Full-Time                      60                       61                       60

Private School Placements                               15                       22                       24

Pupils Sent to Other Districts-Reg Prog                150                      154
Pupils Sent to Other Dists-Spec Ed Prog                 36                       32                       32
Pupils Received                                          1                        1
 
                                                    MORRIS - MORRIS PLAINS BORO

                                                      Advertised Revenues

Budget Category                                        Account                  2006-07          2007-08          2008-09
                                                                                 Actual          Revised       Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget              10-303                    315,539          382,201          270,462
Budgeted Fund Bal - Deposit to Capital Reserve        10-303                     50,000
Withdrawal from Cap Res-for Local Share               10-307                                                       98,000
Withdrawal from Tuition Reserve-Excess over adj.      10-311                    220,000          276,320          200,000
Transfers from Other Funds                            10-5200                    35,035

Revenues from Local Sources:                                         
Local Tax Levy                                        10-1210                11,199,448       11,647,426       12,142,867
Tuition                                               10-1300                    32,141                            56,850
Interest Earned on Capital Reserve Funds              10-1XXX                     6,175            6,000           47,200
Unrestricted Miscellaneous Revenues                   10-1XXX                   194,340          172,200           42,000
SUBTOTAL                                                                     11,432,104       11,825,626       12,288,917

Revenues from State Sources:                                         
Transportation Aid                                    10-3120                   147,896          147,896
Special Education Aid                                 10-3130                   501,860          501,860
Bilingual Education                                   10-3140                     7,044            7,044
Stabilization Aid                                     10-3171                   176,321          176,321
Extraordinary Aid                                     10-3131                    48,829                            88,321
Consolidated Aid                                      10-3195                    41,092           41,092
Additional Formula Aid                                10-3196                    26,226           53,239
Other State Aids                                      10-3XXX                     9,090           40,000
Categorical Special Education Aid                     10-3132                                                     475,485
Categorical Security Aid                              10-3177                                                      62,529
Adjustment Aid                                        10-3178                                                     195,118
Categorical Transportation Aid                        10-3121                                                     164,237
SUBTOTAL                                                                        958,358          967,452          985,690
Adjustment for Prior Year Encumbrances                                                           211,783
Actual Revenues (Over)/Under Expenditures                                      -317,625
TOTAL OPERATING BUDGET                                                       12,327,872       13,663,382       13,843,069
GRANTS AND ENTITLEMENTS

Revenues from Federal Sources:                                       
I.D.E.A. Part B (Handicapped)                         20-4420-4429              151,519          159,290          135,400
Other                                                 20-4XXX                    27,990           20,810           17,700
TOTAL REVENUES FROM FEDERAL SOURCES                                             179,509          180,100          153,100
TOTAL GRANTS AND ENTITLEMENTS                                                   179,509          180,100          153,100
REPAYMENT OF DEBT

Revenues from Local Sources:                                         
Local Tax Levy                                        40-1210                   560,994          571,244          580,844
TOTAL REVENUES FROM LOCAL SOURCES                                               560,994          571,244          580,844
TOTAL LOCAL REPAYMENT OF DEBT                                                   560,994          571,244          580,844
TOTAL REPAYMENT OF DEBT                                                         560,994          571,244          580,844
TOTAL REVENUES/SOURCES                                                       13,068,375       14,414,726       14,577,013
                                                    MORRIS - MORRIS PLAINS BORO

                                                   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          2,837,041        3,168,511        3,012,531
Special Education                                     11-2XX-100-XXX            603,388          654,013          680,545
Basic Skills/Remedial                                 11-230-100-XXX             52,949           56,851          109,467
Bilingual Education                                   11-240-100-XXX              2,159            5,500            5,550
School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             65,166           80,000           75,000
School Sponsored Athletics                            11-402-100-XXX             56,524           63,590           56,600
Support Services:
Tuition                                               11-000-100-XXX          3,475,095        4,015,522        4,274,280
Health Services                                       11-000-213-XXX             94,686          116,706          114,825
Students - Related & Extraordinary                    11-000-216,217            103,988          101,021          103,225
Guidance                                              11-000-218-XXX            125,484          135,461           80,514
Child Study Teams                                     11-000-219-XXX            389,726          463,677          444,881
Improvement of Instructional Services                 11-000-221-XXX              8,337           10,500           10,500
Educational Media Services - School Library           11-000-222-XXX            151,740          157,491          131,228
Instructional Staff Training Services                 11-000-223-XXX              9,722           18,800           18,800
General Administration                                11-000-230-XXX            396,722          454,130          463,314
School Administration                                 11-000-240-XXX            187,493          196,905          162,133
Central Svcs & Admin Info Technology                  11-000-25X-XXX            236,814          256,767          261,564
Operation and Maintenance of Plant Services           11-000-26X-XXX          1,100,539        1,229,813        1,161,869
Student Transportation Services                       11-000-270-XXX            702,029          719,459          778,030
Personal Services - Employee Benefits                 11-XXX-XXX-2XX          1,645,883        1,693,200        1,716,982
Total Support Services Expenditures                                           8,628,258        9,569,452        9,722,145
TOTAL GENERAL CURRENT EXPENSE                                                12,245,485       13,597,917       13,661,838

CAPITAL EXPENDITURES
Interest Earned on Capital Reserve                    10-604                                       6,000           47,200
Equipment                                             12-XXX-XXX-73X             82,387           43,559           36,031
Facilities Acquisition and Construction Services      12-000-4XX-XXX                                               98,000
TOTAL CAPITAL EXPENDITURES                                                       82,387           49,559          181,231
Transfer of Funds to Charter Schools                  10-000-100-56X                              15,906
OPERATING BUDGET GRAND TOTAL                                                 12,327,872       13,663,382       13,843,069

SPECIAL GRANTS AND ENTITLEMENTS
I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            151,519          159,290          135,400
Federal Projects:
Other Special Projects                                20-XXX-XXX-XXX             27,990           20,810           17,700
Total Federal Projects                                                          179,509          180,100          153,100
TOTAL GRANTS AND ENTITLEMENTS                                                   179,509          180,100          153,100

REPAYMENT OF DEBT
Repayment of Debt - Regular                           40-701-510-XXX                             571,244          580,844
Additional State School Building Aid-Ch.177           40-702-510-XXX            560,994
Total Additional State School Building Aid                                      560,994
TOTAL REPAYMENT OF DEBT                                                         560,994          571,244          580,844
Total Expenditures                                                           13,068,375       14,414,726       14,577,013

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                                          13,068,375       14,414,726       14,577,013

                                                    MORRIS  -  MORRIS PLAINS BORO

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                   610,357            493,560               456,476               267,172
Repayment of Debt                                0                  0                     0                     0

Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve                            140,417            196,592               202,592               151,792
Adult Education Programs                         0                  0                     0                     0
Maintenance Reserve                              0                  0                     0                     0
Legal Reserve                              236,492            274,275                81,158                     0
            Tuition Reserve                696,553            656,320               380,000               180,000
Current Expense Emergency Reserve                0                  0                     0                     0
Reserved for Repayment of Debt                   0                  0                     0                     0
 

                                                    MORRIS  -  MORRIS PLAINS BORO

                                               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                13634           13103          13596          14435          10775
Total Classroom Instruction                      7824            7538           7152           7708           5811
Classroom-Salaries and Benefits                  7509            7192           6814           7358           5548
Classroom-General Supplies and Textbooks          314             346            298            309            232
Classroom-Purchased Services and Other              0               0             39             41             31
Total Support Services                           1918            1884           1900           1993           1405
Support Services-Salaries and Benefits           1485            1601           1553           1624           1132
Total Administrative Costs                       1601            1564           1557           1619           1217
Administration-Salaries and Benefits             1206            1251           1168           1216            912
Total Operations and Maintenance of Plant        2084            1897           2764           2881           2177
Operations & Maintenance of Plant-Salary & Ben.   853             887           1651           1716           1275
Total Food Services Costs                                                                         0              0
Total Extracurricular Costs                       207             212            224            234            165
Total Equipment Costs                             549             134             57             71             45
Employee Benefits as a % of Salaries             31.2            31.4           30.1           29.2           31.0

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.

                                                   MORRIS  -  MORRIS PLAINS BORO

                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

                            MORRIS  -  MORRIS PLAINS BORO

Shared Services -- Description of Shared Services
_________________________________________________


                            MORRIS  -  MORRIS PLAINS BORO

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       11,895,147 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 )           776,136,704 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           1.5326 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              12,475,991 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 )           776,136,704 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  1.6074 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       11,895,147 (G)
Estimated Equalized Valuation (as of 10/01/2007 )           1,511,662,657 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.7869 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              12,475,991 (J)
Estimated Equalized Valuation (as of 10/01/2007 )           1,511,662,657 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.8253 (L)

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