03/25/2011 SOMERSET - SOUTH BOUND BROOK
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2009 October 15, 2010 October 15, 2011
Actual Actual Estimated
Pupils on Roll Regular Full-Time 380 397 415
Pupils on Roll - Special Full-Time 49 57 57
Subtotal - Pupils On Roll 429 454 472
Private School Placements 8 11 11
Pupils Sent to Other Districts-Reg Prog 101 99 102
Pupils Sent to Other Dists-Spec Ed Prog 26 32 32
Pupils in State Facilities 1 1
SOMERSET - SOUTH BOUND BROOK
Advertised Revenues
Budget Category Account 2009-10 2010-11 2011-12
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 110,033 249,366
Revenues from Local Sources:
Local Tax Levy 10-1210 5,166,471 5,248,130 5,300,611
Interest Earned on Capital Reserve Funds 10-1XXX 1,119 1,000 1,000
Unrestricted Miscellaneous Revenues 10-1XXX 12,564 8,850 5,250
SUBTOTAL 5,180,154 5,257,980 5,306,861
Revenues from State Sources:
Extraordinary Aid 10-3131 70,052 65,708 30,000
Categorical Special Education Aid 10-3132 306,633 54,504 310,615
Equalization Aid 10-3176 2,269,392 2,893,787 2,731,703
Categorical Security Aid 10-3177 81,008
Categorical Transportation Aid 10-3121 88,499
SUBTOTAL 2,815,584 3,013,999 3,072,318
Revenues from Federal Sources:
Equalization Aid - ARRA ESF 16-4520 513,871
Equalization Aid - ARRA GSF 17-4521 19,893
Education Jobs Fund 18-4522 113,271
SUBTOTAL 533,764 113,271
Actual Revenues (Over)/Under Expenditures 204,926
TOTAL OPERATING BUDGET 8,734,428 8,382,012 8,741,816
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 8,168
Revenues from Federal Sources:
Title I 20-4411-4416 125,368 80,643 91,021
I.D.E.A. Part B (Handicapped) 20-4420-4429 247,864 108,829 112,106
Other 20-4XXX 29,531 22,734
TOTAL REVENUES FROM FEDERAL SOURCES 402,763 189,472 225,861
TOTAL GRANTS AND ENTITLEMENTS 410,931 189,472 225,861
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 375,420 376,395 336,855
TOTAL REVENUES FROM LOCAL SOURCES 375,420 376,395 336,855
TOTAL LOCAL REPAYMENT OF DEBT 375,420 376,395 336,855
TOTAL REPAYMENT OF DEBT 375,420 376,395 336,855
TOTAL REVENUES/SOURCES 9,520,779 8,947,879 9,304,532
SOMERSET - SOUTH BOUND BROOK
Advertised Appropriations
Budget Category Account 2009-10 2010-11 2011-12
Expenditures Rev. Approp. Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX 1,958,185 1,851,097 1,950,323
Special Education 11-2XX-100-XXX 470,987 445,800 557,028
Bilingual Education 11-240-100-XXX 51,025 53,160 56,825
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 23,356 22,365 22,598
School Sponsored Athletics 11-402-100-XXX 6,063 4,465 5,291
Support Services:
Tuition 11-000-100-XXX 2,154,975 2,062,595 2,167,524
Attendance and Social Work Services 11-000-211-XXX 26,592 27,931 29,703
Health Services 11-000-213-XXX 129,257 117,021 120,514
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217 239,444 238,551 207,355
Guidance 11-000-218-XXX 82,068 84,395 85,855
Child Study Teams 11-000-219-XXX 288,041 327,279 309,019
Improvement of Instructional Services 11-000-221-XXX 321,018 177,036 171,315
Educational Media Services - School Library 11-000-222-XXX 69,933 161,875 167,916
Instructional Staff Training Services 11-000-223-XXX 5,436 5,000
General Administration 11-000-230-XXX 323,621 176,398 183,593
School Administration 11-000-240-XXX 116,995 114,953 116,370
Central Svcs & Admin Info Technology 11-000-25X-XXX 176,106 199,895 204,222
Operation and Maintenance of Plant Services 11-000-26X-XXX 600,866 630,165 639,334
Student Transportation Services 11-000-270-XXX 338,023 458,280 382,243
Personal Services - Employee Benefits 11-XXX-XXX-2XX 905,652 1,075,467 1,206,828
Total Support Services Expenditures 5,778,027 5,851,841 5,996,791
TOTAL GENERAL CURRENT EXPENSE 8,287,643 8,228,728 8,588,856
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604 1,000 1,000
Equipment 12-XXX-XXX-73X 104,953
Facilities Acquisition and Construction Services 12-000-4XX-XXX 39,623 40,000
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931 274,936
TOTAL CAPITAL EXPENDITURES 379,889 40,623 41,000
SPECIAL SCHOOLS
Summer School:
Instruction 13-422-100-XXX 9,577 11,960 11,960
Total Summer School 9,577 11,960 11,960
TOTAL SPECIAL SCHOOLS 9,577 11,960 11,960
Transfer of Funds to Charter Schools 10-000-100-56X 57,319 100,701 100,000
OPERATING BUDGET GRAND TOTAL 8,734,428 8,382,012 8,741,816
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX 8,168
Federal Projects:
Title I 20-XXX-XXX-XXX 125,368 80,643 91,021
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 247,864 108,829 112,106
Other Special Projects 20-XXX-XXX-XXX 29,531 22,734
Total Federal Projects 402,763 189,472 225,861
TOTAL GRANTS AND ENTITLEMENTS 410,931 189,472 225,861
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 375,420 376,395 336,855
TOTAL REPAYMENT OF DEBT 375,420 376,395 336,855
Total Expenditures 9,520,779 8,947,879 9,304,532
DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
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 9,520,779 8,947,879 9,304,532
SOMERSET - SOUTH BOUND BROOK
Advertised Recapitulation of Balance
Audited Audited Estimated Estimated
Balance Balance Balance Balance
Budget Category 6/30/2009 6/30/2010 6/30/2011 6/30/2012
Unassigned:
General Operating Budget 250,000 290,052 250,000 250,000
Repayment of Debt 0 0 0 0
Restricted for Specific Purposes:
General Operating Budget:
Capital Reserve 683,136 489,203 490,203 491,203
Adult Education Programs 0 0 0 0
Maintenance Reserve 0 0 0 0
Legal Reserve 326,723 359,399 249,366 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
2011 - 2012
2008-09 2009-10 2010-11 2010-11 2011-2012
Actual Actual Original Revised Proposed
Budget Budget Budget
Per Pupil Cost Calculations: (1) (2) (3) (4) (5)
Total Comparative Per Pupil Cost 13431 12308 13152 12628 12849
Total Classroom Instruction 7369 7070 6957 6680 7075
Classroom-Salaries and Benefits 7040 6755 6706 6439 6655
Classroom-General Supplies and Textbooks 231 206 157 150 273
Classroom-Purchased Services and Other 98 110 95 91 148
Total Support Services 2846 3224 3239 3110 2967
Support Services-Salaries and Benefits 2528 2706 2723 2615 2602
Total Administrative Costs 1768 1713 1406 1350 1349
Administration-Salaries and Benefits 1522 1444 1191 1143 1136
Legal Costs 0 81 23 22 21
Total Operations and Maintenance of Plant 1306 1409 1463 1404 1372
Operations & Maintenance of Plant-Salary & Ben. 41 44 46 44 50
Total Food Services Costs 0 0 0 0 0
Total Extracurricular Costs 134 84 79 76 77
Total Equipment Costs 0 245 0 0 0
Employee Benefits as a % of Salaries 22.9 23.6 29.9 29.9 32.2
The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
are contained in the 2011 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 2010-11 revised appropriations and 2011-12 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 Boundbrook shares services as follows:
Grounds and Parking lot maintenance shared service agreement
with municipality
Joint Transportation Agreent
Purchasing through Hunterdon County Cooperative
ACES for energy
Joint bids with MRESC
Purchased services through SCESC
SOMERSET - SOUTH BOUND BROOK
22a. Estimated Tax Rate Information
______________________________
A. Estimated 11-12 School Tax Rate
__________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 5,274,371 (A)
Estimated Net Taxable Valuation (as of 10/01/2010 ) 340,573,963 (B)
Estimated 11-12 General Fund School Tax Rate=(A)/(B)X100 1.5487 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,630,996 (D)
Estimated Net Taxable Valuation (as of 10/01/2010 ) 340,573,963 (E)
Estimated 11-12 Total School Tax Rate=(D)/(E)X100 1.6534 (F)
B. Estimated 11-12 Equalized School Tax Rate
____________________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 5,274,371 (G)
Estimated Equalized Valuation (as of 10/01/2010 ) 342,414,939 (H)
Estimated 11-12 Equalized General Fund School
Tax Rate=(G)/(H)X100 1.5403 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,630,996 (J)
Estimated Equalized Valuation (as of 10/01/2010 ) 342,414,939 (K)
Estimated 11-12 Equalized Total School
Tax Rate=(J)/(K)X100 1.6445 (L)
SOMERSET - SOUTH BOUND BROOK
17. Salaries and Benefits of Certain District Employees
Name DR. LORISE GOEKE
Job Title Superintendent
Base Annual Salary 130,000
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 07/01/2010
Ending Date of Contract 06/30/2013
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 2,250
Bonuses 0
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 19,486
Dental Insurance 1,857
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
SOMERSET - SOUTH BOUND BROOK
17. Salaries and Benefits of Certain District Employees
Name WENDY STEIN
Job Title Coordinator/Dir./Mgr./Supvr.
Base Annual Salary 113,610
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 07/01/2010
Ending Date of Contract 06/30/2011
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 18,657
Dental Insurance 1,857
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 @ RETIRMENT $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 JOSEPH MARRA
Job Title Business Administrator
Base Annual Salary 90,000
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 07/01/2010
Ending Date of Contract 07/01/2011
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 15,948
Dental Insurance 1,119
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 MICHAEL BUTKUS
Job Title Coordinator/Dir./Mgr./Supvr.
Base Annual Salary 86,350
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 07/01/2010
Ending Date of Contract 06/30/2011
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 4,198
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 83 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