05/13/2008 WARREN - GREAT MEADOWS REGIONAL
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2006 October 15, 2007 October 15, 2008
Actual Actual Estimated
Pupils on Roll Regular Full-Time 912 878 880
Pupils on Roll - Special Full-Time 106 88 89
Private School Placements 12 13 11
Pupils Sent to Other Districts-Reg Prog 378 384 384
Pupils Sent to Other Dists-Spec Ed Prog 65 81 81
WARREN - GREAT MEADOWS REGIONAL
Advertised Revenues
Budget Category Account 2006-07 2007-08 2008-09
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 331,100 467,358
Revenues from Local Sources:
Local Tax Levy 10-1210 10,893,399 11,512,278 11,514,907
Interest Earned on Capital Reserve Funds 10-1XXX 11,411 12,000 13,000
Unrestricted Miscellaneous Revenues 10-1XXX 124,125 36,600 98,000
SUBTOTAL 11,028,935 11,560,878 11,625,907
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 3,271,549 3,271,549
Transportation Aid 10-3120 695,211 695,211
Special Education Aid 10-3130 638,779 638,779
Bilingual Education 10-3140 16,316 16,316
Stabilization Aid 10-3171 1,133,951 1,133,951
Extraordinary Aid 10-3131 19,771 10,142 23,343
Consolidated Aid 10-3195 165,019 165,019
Additional Formula Aid 10-3196 177,625 360,579
Other State Aids 10-3XXX 8,025 1,189
Categorical Special Education Aid 10-3132 702,964
Equalization Aid 10-3176 4,631,923
Categorical Security Aid 10-3177 97,086
Adjustment Aid 10-3178 367,656
Categorical Transportation Aid 10-3121 610,946
SUBTOTAL 6,126,246 6,292,735 6,433,918
Adjustment for Prior Year Encumbrances 244,129
Actual Revenues (Over)/Under Expenditures -440,938
TOTAL OPERATING BUDGET 16,714,243 18,428,842 18,527,183
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 16,987 5,199
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 2,643 3,757
TOTAL REVENUES FROM STATE SOURCES 2,643 3,757
Revenues from Federal Sources:
Title I 20-4411-4416 37,105 37,984 24,994
I.D.E.A. Part B (Handicapped) 20-4420-4429 270,687 381,643 231,649
Other 20-4XXX 37,723 31,837 24,902
TOTAL REVENUES FROM FEDERAL SOURCES 345,515 451,464 281,545
TOTAL GRANTS AND ENTITLEMENTS 365,145 460,420 281,545
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 536,217 520,541 400,284
TOTAL REVENUES FROM LOCAL SOURCES 536,217 520,541 400,284
Revenues from State Sources:
Debt Service Aid Type II 40-3160 230,432 223,695 172,016
TOTAL LOCAL REPAYMENT OF DEBT 766,649 744,236 572,300
TOTAL REPAYMENT OF DEBT 766,649 744,236 572,300
TOTAL REVENUES/SOURCES 17,846,037 19,633,498 19,381,028
WARREN - GREAT MEADOWS REGIONAL
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 4,216,672 4,587,002 4,685,542
Special Education 11-2XX-100-XXX 617,157 540,711 562,495
Basic Skills/Remedial 11-230-100-XXX 185,862 144,849 173,712
Support Services:
Tuition 11-000-100-XXX 5,452,225 6,114,244 6,254,190
Health Services 11-000-213-XXX 222,770 225,990 235,770
Students - Related & Extraordinary 11-000-216,217 230,996 257,424 209,994
Guidance 11-000-218-XXX 141,517 152,709 149,847
Child Study Teams 11-000-219-XXX 227,399 242,382 255,171
Improvement of Instructional Services 11-000-221-XXX 108,781 99,759 90,234
Educational Media Services - School Library 11-000-222-XXX 190,507 196,871 187,768
Instructional Staff Training Services 11-000-223-XXX 14,644 17,494 10,139
General Administration 11-000-230-XXX 370,947 380,852 327,074
School Administration 11-000-240-XXX 376,794 410,969 413,943
Central Svcs & Admin Info Technology 11-000-25X-XXX 176,806 196,861 191,888
Operation and Maintenance of Plant Services 11-000-26X-XXX 878,278 978,497 1,083,950
Student Transportation Services 11-000-270-XXX 1,021,706 1,029,372 1,139,954
Personal Services - Employee Benefits 11-XXX-XXX-2XX 2,052,269 2,387,084 2,281,840
Total Support Services Expenditures 11,465,639 12,690,508 12,831,762
TOTAL GENERAL CURRENT EXPENSE 16,485,330 17,963,070 18,253,511
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604 12,000 13,000
Equipment 12-XXX-XXX-73X 5,500 94,831 23,267
Facilities Acquisition and Construction Services 12-000-4XX-XXX 143,565 271,670 141,302
TOTAL CAPITAL EXPENDITURES 149,065 378,501 177,569
Transfer of Funds to Charter Schools 10-000-100-56X 79,848 87,271 96,103
OPERATING BUDGET GRAND TOTAL 16,714,243 18,428,842 18,527,183
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX 16,987 5,199
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX 2,643 3,757
Total State Projects 2,643 3,757
Federal Projects:
Title I 20-XXX-XXX-XXX 37,105 37,984 24,994
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 270,687 381,643 231,649
Other Special Projects 20-XXX-XXX-XXX 37,723 31,837 24,902
Total Federal Projects 345,515 451,464 281,545
TOTAL GRANTS AND ENTITLEMENTS 365,145 460,420 281,545
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 766,649 744,236 572,300
TOTAL REPAYMENT OF DEBT 766,649 744,236 572,300
Total Expenditures 17,846,037 19,633,498 19,381,028
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 17,846,037 19,633,498 19,381,028
WARREN - GREAT MEADOWS REGIONAL
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 626,559 514,877 244,056 244,056
Repayment of Debt 0 0 0 0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve 228,462 239,873 251,873 264,873
Adult Education Programs 0 0 0 0
Maintenance Reserve 0 0 0 0
Legal Reserve 170,279 527,637 467,358 0
Tuition Reserve 0 0 0 0
Current Expense Emergency Reserve 0 0 0 0
Reserved for Repayment of Debt 0 0 0 0
WARREN - GREAT MEADOWS REGIONAL
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 9695 9953 10557 11249 11324
Total Classroom Instruction 6288 6388 6798 7232 7294
Classroom-Salaries and Benefits 6000 6110 6485 6896 6973
Classroom-General Supplies and Textbooks 235 227 244 257 243
Classroom-Purchased Services and Other 53 52 70 79 77
Total Support Services 1369 1423 1469 1581 1502
Support Services-Salaries and Benefits 1211 1283 1300 1339 1334
Total Administrative Costs 1050 1120 1144 1226 1217
Administration-Salaries and Benefits 911 900 980 1042 1040
Total Operations and Maintenance of Plant 980 1015 1138 1202 1302
Operations & Maintenance of Plant-Salary & Ben. 577 621 674 717 731
Total Food Services Costs 1 0 0 0 0
Total Extracurricular Costs 0 0
Total Equipment Costs 30 6 93 99 24
Employee Benefits as a % of Salaries 29.1 29.6 33.3 33.1 30.8
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.
WARREN - GREAT MEADOWS REGIONAL
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
WARREN - GREAT MEADOWS REGIONAL
Shared Services -- Description of Shared Services
_________________________________________________
Participation in the Hunterdon County ESC Purchasing Cooperative for supp
lies. Participation in the Sussex County Cooperative and Warren County
Special Services School District for Special Education Transportation.
WARREN - GREAT MEADOWS REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
INDEPENDENCE TOWNSHIP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 7,149,935 (A)
Estimated Net Taxable Valuation (as of 03/13/2008 ) 692,366,725 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 1.0327 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 7,398,483 (D)
Estimated Net Taxable Valuation (as of 03/13/2008 ) 692,366,725 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 1.0686 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
INDEPENDENCE TOWNSHIP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 7,149,935 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 755,813,516 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.9460 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 7,398,483 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 755,813,516 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.9789 (L)
WARREN - GREAT MEADOWS REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
LIBERTY TOWNSHIP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 4,364,972 (A)
Estimated Net Taxable Valuation (as of 03/13/2008 ) 270,009,757 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 1.6166 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 4,516,708 (D)
Estimated Net Taxable Valuation (as of 03/13/2008 ) 270,009,757 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 1.6728 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
LIBERTY TOWNSHIP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 4,364,972 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 373,047,554 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 1.1701 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 4,516,708 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 373,047,554 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 1.2108 (L)