Tinton Falls School District

2012-2013 Budget
After Public Hearing 
03/27/2012 MONMOUTH - TINTON FALLS Advertised Enrollments ENROLLMENT CATEGORY October 15, 2010 October 15, 2011 October 15, 2012 Actual Actual Estimated Pupils on Roll Regular Full-Time 1376 1353 1349 Pupils on Roll - Special Full-Time 190 197 206 Pupils on Roll - Special Shared-Time 2 Subtotal - Pupils On Roll 1566 1552 1555 Private School Placements 8 6 Pupils Sent to Other Districts-Reg Prog 3 Pupils Sent to Other Dists-Spec Ed Prog 2 9 Pupils Received 1 7 MONMOUTH - TINTON FALLS Advertised Revenues Budget Category Account 2010-11 2011-12 2012-13 Actual Revised Anticipated OPERATING BUDGET Budgeted Fund Balance - Operating Budget 10-303 1,704,194 3,426,987 Transfers from Other Funds 10-5200 -1,718,765 Revenues from Local Sources: Local Tax Levy 10-1210 18,387,437 18,755,185 19,016,660 Tuition 10-1300 34,161 Interest Earned on Capital Reserve Funds 10-1XXX 975 Other Restricted Miscellaneous Revenues 10-1XXX 23,040 Unrestricted Miscellaneous Revenues 10-1XXX 51,486 90,001 90,000 SUBTOTAL 18,497,099 18,845,186 19,106,660 Revenues from State Sources: Extraordinary Aid 10-3131 391,105 216,379 Other State Aids 10-3XXX 37,486 Categorical Special Education Aid 10-3132 855,191 855,191 903,797 Categorical Security Aid 10-3177 145,007 145,007 146,514 Adjustment Aid 10-3178 1,050,950 1,312,890 1,634,994 Categorical Transportation Aid 10-3121 844,614 844,614 843,928 SUBTOTAL 3,324,353 3,374,081 3,529,233 Revenues from Federal Sources: IMPACT Aid 10-4100 119,174 Medicaid Reimbursement 10-4200 4,754 Education Jobs Fund 18-4522 139,321 SUBTOTAL 123,928 139,321 Adjustment for Prior Year Encumbrances 2,277,928 Actual Revenues (Over)/Under Expenditures 81,159 TOTAL OPERATING BUDGET 20,307,774 26,340,710 26,062,880 GRANTS AND ENTITLEMENTS Revenues from Local Sources 20-1XXX 83,319 Revenues from State Sources: Other Restricted Entitlements 20-32XX 92,866 63,386 45,930 TOTAL REVENUES FROM STATE SOURCES 92,866 63,386 45,930 Revenues from Federal Sources: Title I 20-4411-4416 119,570 98,311 73,500 Title II 20-4451-4455 35,434 Title III 20-4491-4494 12,444 I.D.E.A. Part B (Handicapped) 20-4420-4429 349,441 488,713 270,000 Other 20-4XXX 203,208 TOTAL REVENUES FROM FEDERAL SOURCES 720,097 587,024 343,500 TOTAL GRANTS AND ENTITLEMENTS 896,282 650,410 389,430 REPAYMENT OF DEBT Budgeted Fund Balance 40-303 146 3,813 Transfers from Other Funds 40-5200 207,913 215,000 Revenues from Local Sources: Local Tax Levy 40-1210 1,535,406 1,880,554 1,827,908 TOTAL REVENUES FROM LOCAL SOURCES 1,535,406 1,880,554 1,827,908 Revenues from State Sources: Debt Service Aid Type II 40-3160 50,124 49,967 49,382 TOTAL LOCAL REPAYMENT OF DEBT 1,793,443 2,145,667 1,881,103 Actual Revenues (Over)/Under Expenditures -2,278 TOTAL REPAYMENT OF DEBT 1,791,165 2,145,667 1,881,103 TOTAL REVENUES/SOURCES 22,995,221 29,136,787 28,333,413 MONMOUTH - TINTON FALLS Advertised Appropriations Budget Category Account 2010-11 2011-12 2012-13 Expenditures Rev. Approp. Appropriations GENERAL CURRENT EXPENSE Instruction: Regular Programs 11-1XX-100-XXX 6,454,529 7,968,519 7,350,732 Special Education 11-2XX-100-XXX 1,869,541 2,491,531 2,474,375 Basic Skills/Remedial 11-230-100-XXX 201,904 392,432 391,404 Bilingual Education 11-240-100-XXX 77,660 94,493 85,034 School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 62,557 55,874 74,754 School Sponsored Athletics 11-402-100-XXX 50,379 59,564 62,307 Support Services: Tuition 11-000-100-XXX 521,532 515,874 601,944 Health Services 11-000-213-XXX 259,130 318,018 332,068 Speech, OT, PT, Related & Extraordinary Services 11-000-216,217 1,123,832 1,643,506 1,352,802 Guidance 11-000-218-XXX 172,006 195,267 190,529 Child Study Teams 11-000-219-XXX 507,427 789,346 659,011 Improvement of Instructional Services 11-000-221-XXX 307,052 415,203 668,056 Educational Media Services - School Library 11-000-222-XXX 148,150 173,622 180,711 Instructional Staff Training Services 11-000-223-XXX 7,027 49,200 109,290 General Administration 11-000-230-XXX 634,441 785,051 713,546 School Administration 11-000-240-XXX 923,854 1,004,424 966,271 Central Svcs & Admin Info Technology 11-000-25X-XXX 384,650 561,503 428,734 Operation and Maintenance of Plant Services 11-000-26X-XXX 1,738,765 2,152,006 2,145,075 Student Transportation Services 11-000-270-XXX 1,712,608 2,031,889 2,050,125 Personal Services - Employee Benefits 11-XXX-XXX-2XX 3,002,714 3,728,020 3,869,471 Total Support Services Expenditures 11,443,188 14,362,929 14,267,633 TOTAL GENERAL CURRENT EXPENSE 20,159,758 25,425,342 24,706,239 CAPITAL EXPENDITURES Equipment 12-XXX-XXX-73X 44,056 44,840 110,000 Facilities Acquisition and Construction Services 12-000-4XX-XXX 87,024 853,411 1,235,985 Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931 6,710 TOTAL CAPITAL EXPENDITURES 131,080 904,961 1,345,985 Transfer of Funds to Charter Schools 10-000-100-56X 16,936 10,407 10,656 OPERATING BUDGET GRAND TOTAL 20,307,774 26,340,710 26,062,880 SPECIAL GRANTS AND ENTITLEMENTS Local Projects 20-XXX-XXX-XXX 83,319 Other State Projects: Nonpublic Textbooks 20-XXX-XXX-XXX 30,466 26,102 19,575 Nonpublic Handicapped Services 20-XXX-XXX-XXX 22,661 Nonpublic Nursing Services 20-XXX-XXX-XXX 35,140 37,284 26,355 Other Special Projects 20-XXX-XXX-XXX 4,599 Total State Projects 92,866 63,386 45,930 Federal Projects: Title I 20-XXX-XXX-XXX 119,570 98,311 73,500 Title II 20-XXX-XXX-XXX 35,434 Title III 20-XXX-XXX-XXX 12,444 I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 349,441 488,713 270,000 Other Special Projects 20-XXX-XXX-XXX 203,208 Total Federal Projects 720,097 587,024 343,500 TOTAL GRANTS AND ENTITLEMENTS 896,282 650,410 389,430 REPAYMENT OF DEBT Repayment of Debt - Regular 40-701-510-XXX 1,791,165 2,145,667 1,881,103 TOTAL REPAYMENT OF DEBT 1,791,165 2,145,667 1,881,103 Total Expenditures 22,995,221 29,136,787 28,333,413 DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS: 0250XLocal Contribution - Transfer to Special Revenue 11-1XX-100-93X 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 22,995,221 29,136,787 28,333,413 MONMOUTH - TINTON FALLS Advertised Recapitulation of Balance Audited Audited Estimated Estimated Balance Balance Balance Balance Budget Category 6/30/2010 6/30/2011 6/30/2012 6/30/2013 Unrestricted: General Operating Budget 1,162,800 1,474,214 1,250,235 481,256 Repayment of Debt 1,681 3,959 3,813 0 Restricted for Specific Purposes: General Operating Budget: Capital Reserve 1,926,164 568,374 568,374 568,374 Adult Education Programs 0 0 0 0 Maintenance Reserve 266,599 907,355 907,355 907,355 Legal Reserve 3,329,425 3,876,284 2,658,008 0 Tuition Reserve 0 0 0 0 Current Expense Emergency Reserve 250,000 250,000 250,000 250,000 Repayment of Debt: Restricted for Repayment of Debt 0 0 0 0 MONMOUTH - TINTON FALLS Advertised Per Pupil Cost Calculations 2012 - 2013 2009-10 2010-11 2011-12 2011-12 2012-2013 Actual Actual Original Revised Proposed Budget Budget Budget Per Pupil Cost Calculations: (1) (2) (3) (4) (5) Total Budgetary Comparative Per Pupil Cost 11816 11484 13168 14732 14173 Total Classroom Instruction 6957 6801 7694 8671 8287 Classroom-Salaries and Benefits 6621 6500 7372 8347 7720 Classroom-General Supplies and Textbooks 270 222 222 220 458 Classroom-Purchased Services and Other 67 80 101 103 109 Total Support Services 2187 2001 2408 2823 2776 Support Services-Salaries and Benefits 2081 1935 2252 2651 2460 Total Administrative Costs 1404 1466 1566 1747 1603 Administration-Salaries and Benefits 1137 1217 1240 1339 1238 Legal Costs 0 35 31 50 46 Total Operations and Maintenance of Plant 1174 1127 1414 1404 1398 Operations & Maintenance of Plant-Salary & Ben. 48 57 79 79 83 Board Contribution to Food Services 0 0 0 0 0 Total Extracurricular Costs 95 88 85 88 108 Total Equipment Costs 77 28 22 29 71 Employee Benefits as a % of Salaries 23.4 24.5 27.0 23.9 27.4 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2012 Taxpayers' Guide to Education Spending (formerly 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 2011-12 revised appropriations and 2012-13 budgeted appropriations presented in this advertised budget. Total Budgetary 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 Budgetary comparative per pupil cost, although all components are not shown. MONMOUTH - TINTON FALLS Unusual Revenues and Appropriations ___________________________________ Line Number Revenue Source or 12-13 Amount Description of circumstances Approp. Due to Total Unusual Revenues: 0 Total Unusual Appropriations: 0 MONMOUTH - TINTON FALLS Shared Services -- Description of Shared Services _________________________________________________ Cooperative Purchasing for Technology through WSCA Contract and NCTA Federal Contract MOSSIF Joint Insurance Coverage ACES Cooperative for Electric and Gas Purchasing Cooperative Purchasing through Ed-Data Statewide Bidding Cooperative. Cooperative Purchasing through Middlesex Regional Cooperative. MOESC Cooperative for Right To Know Training, Special Education Out o f District Transportation, Non Public Transportation, CST services and ot her special education services including speech and evaluations Inter-local agreement with Borough of Tinton Falls for Sand, Salt, Fu el and Garbage Pick Up Borough of Tinton Falls Recreation programs use all of our school dis trict facilities on evenings, weekends and for their summer program Jointure agreements, where possible, with other surrounding school di stricts in Monmouth County for transportation, special services, supplies , food service, etc. Share vehicle and driver for food services with Eatontown School Dist rict. Tri-district (Tinton Falls/Monmouth Regional/Eatontown) coordination of school calendars Tri-district (Tinton Falls/Monmouth Regional/Eatontown) monthly meeti ngs of Superintendents to discuss and coordinate educational areas/curri culum, etc. Tri-district (Tinton Falls/Monmouth Regional/Eatontown) monthly meeti ngs of Business Administrators to coordinate business areas/facility usag e/finance/transportation, etc. Tri-district (Tinton Falls/Monmouth Regional/Eatontown) Professional Development Programs Shared specialize programming with Monmouth Regional High School, if needed, for advanced middle school students Jointure agreement with Colts Neck Twp. School District, Eatontown an d Neptune for transportation. Countywide advertisement for Professional Services Purchasing cooperative throughout the State with Ed Data Services MONMOUTH - TINTON FALLS 22a. Estimated Tax Rate Information ______________________________ A. Estimated 12-13 School Tax Rate __________________________________ TINTON FALLS BOROUGH WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS General Fund School Levy 18,604,184 (A) Estimated Net Taxable Valuation (as of 01/10/2012 ) 2,759,659,379 (B) Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100 0.6741 (C) WITH REPAYMENT OF DEBT AND ADJUSTMENTS Total School Levy 20,392,444 (D) Estimated Net Taxable Valuation (as of 01/10/2012 ) 2,759,659,379 (E) Estimated 12-13 Total School Tax Rate=(D)/(E)X100 0.7389 (F) B. Estimated 12-13 Equalized School Tax Rate ____________________________________________ TINTON FALLS BOROUGH WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS General Fund School Levy 18,604,184 (G) Estimated Equalized Valuation (as of 10/01/2011 ) 3,020,708,135 (H) Estimated 12-13 Equalized General Fund School Tax Rate=(G)/(H)X100 0.6159 (I) WITH REPAYMENT OF DEBT AND ADJUSTMENTS Total School Levy 20,392,444 (J) Estimated Equalized Valuation (as of 10/01/2011 ) 3,020,708,135 (K) Estimated 12-13 Equalized Total School Tax Rate=(J)/(K)X100 0.6751 (L) MONMOUTH - TINTON FALLS 22a. Estimated Tax Rate Information ______________________________ A. Estimated 12-13 School Tax Rate __________________________________ SHREWSBURY TOWNSHIP WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS General Fund School Levy 403,088 (A) Estimated Net Taxable Valuation (as of 10/01/2011 ) 72,730,213 (B) Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100 0.5542 (C) WITH REPAYMENT OF DEBT AND ADJUSTMENTS Total School Levy 442,736 (D) Estimated Net Taxable Valuation (as of 10/01/2011 ) 72,730,213 (E) Estimated 12-13 Total School Tax Rate=(D)/(E)X100 0.6087 (F) B. Estimated 12-13 Equalized School Tax Rate ____________________________________________ SHREWSBURY TOWNSHIP WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS General Fund School Levy 403,088 (G) Estimated Equalized Valuation (as of 10/01/2011 ) 68,217,921 (H) Estimated 12-13 Equalized General Fund School Tax Rate=(G)/(H)X100 0.5909 (I) WITH REPAYMENT OF DEBT AND ADJUSTMENTS Total School Levy 442,736 (J) Estimated Equalized Valuation (as of 10/01/2011 ) 68,217,921 (K) Estimated 12-13 Equalized Total School Tax Rate=(J)/(K)X100 0.6490 (L) MONMOUTH - TINTON FALLS 17. Salaries and Benefits of Certain District Employees Name John Russo Job Title Superintendent Base Annual Salary 154,884 FTE 1.0 Shared with Another District? N Member of Collective Bargaining ? N Contract Terms: Beginning Date of Contract 11/19/2007 Ending Date of Contract 06/30/2012 Annual Work Days 240 Annual Vacation Days 20 Annual Sick Days 12 Annual Personal Days 3 Annual Consulting Days 0 Other Non-working days 15 Description-Other Non-working Days District closed Benefits: Allowances 3,000 Bonuses 0 Stipends 0 District Contributions above Teacher amount for: Health Insurance 1,291 Dental Insurance 0 Life Insurance 0 Other Insurances 2,500 Retirement Plans 1,200 Post-Employment Benefits 10,000 Description of: Buyback of Sick Days Teachers receive sick day buy back, as Buyback of Vac. Days well Buyback of Personal Days Other Post-Emp. Benefits 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 MONMOUTH - TINTON FALLS 17. Salaries and Benefits of Certain District Employees Name Tamar Sydney-Gens Job Title Business Administrator board secretary Base Annual Salary 129,446 FTE 1.0 Shared with Another District? N Member of Collective Bargaining ? N Contract Terms: Beginning Date of Contract 07/01/2011 Ending Date of Contract 06/30/2012 Annual Work Days 240 Annual Vacation Days 20 Annual Sick Days 12 Annual Personal Days 3 Annual Consulting Days 0 Other Non-working days 15 Description-Other Non-working Days District closed Benefits: Allowances 0 Bonuses 0 Stipends 0 District Contributions above Teacher amount for: Health Insurance 0 Dental Insurance 0 Life Insurance 0 Other Insurances 0 Retirement Plans 1,000 Post-Employment Benefits 15,000 Description of: Buyback of Sick Days teachers receive sick day buy back Buyback of Vac. Days as well Buyback of Personal Days Other Post-Emp. Benefits 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 MONMOUTH - TINTON FALLS 17. Salaries and Benefits of Certain District Employees Name Susan Ross Job Title Other Supervisor Base Annual Salary 75,553 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 06/30/2012 Annual Work Days 240 Annual Vacation Days 20 Annual Sick Days 13 Annual Personal Days 3 Annual Consulting Days 0 Other Non-working days 15 Description-Other Non-working Days District closed Benefits: Allowances 889 Bonuses 0 Stipends 0 District Contributions above Teacher amount for: Health Insurance 0 Dental Insurance 0 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 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
Last Modified on October 21, 2016
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