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User Friendly Budget 2012-2013
05/11/2012 HUDSON - HOBOKEN CITY
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2010 October 15, 2011 October 15, 2012
Actual Actual Estimated
Pupils on Roll Regular Full-Time 2033 2081 2162
Pupils on Roll - Special Full-Time 257 238 238
Subtotal - Pupils On Roll 2290 2319 2400
Private School Placements 21 21 24
Pupils Sent to Contracted Preschool Prog 625 649 649
Pupils Sent to Other Districts-Reg Prog 1 1
Pupils Sent to Other Dists-Spec Ed Prog 10 6 7
Pupils Received 5 5 17
Pupils in State Facilities 1 1 1
HUDSON - HOBOKEN CITY
Advertised Revenues
Budget Category Account 2010-11 2011-12 2012-13
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 913,196 1,519,609
Withdrawal from Cap Res-for Local Share 10-307 619,335 130,664
Revenues from Local Sources:
Local Tax Levy 10-1210 36,479,095 36,479,095 36,479,095
Tuition 10-1300 263,215 301,855 419,966
Transportation Fees from Other LEAs 10-1420-1440 57,100 57,100 57,100
Unrestricted Miscellaneous Revenues 10-1XXX 652,799 488,182 588,182
SUBTOTAL 37,452,209 37,326,232 37,544,343
Revenues from State Sources:
School Choice Aid 10-3116 637,160 785,200 2,154,784
Extraordinary Aid 10-3131 141,693 101,949 101,949
Categorical Special Education Aid 10-3132 1,334,324 1,376,369 1,449,681
Categorical Security Aid 10-3177 787,494 724,793 714,291
Adjustment Aid 10-3178 4,151,290 6,390,123 5,275,416
Categorical Transportation Aid 10-3121 82,820 123,186 123,174
SUBTOTAL 7,134,781 9,501,620 9,819,295
Revenues from Federal Sources:
IMPACT Aid 10-4100 208,009 175,000 200,000
Medicaid Reimbursement 10-4200 71,444 15,000 70,000
Education Jobs Fund 18-4522 321,272
SUBTOTAL 279,453 511,272 270,000
Adjustment for Prior Year Encumbrances 345,553
Actual Revenues (Over)/Under Expenditures 1,587,199
TOTAL OPERATING BUDGET 46,453,642 49,217,208 49,283,911
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 19,056 36,033 24,282
Revenues from State Sources:
Preschool Education Aid - Pr Yr Carryover 20-3218 428,265
Preschool Education Aid 20-3218 7,474,366 9,232,519 9,186,807
Other Restricted Entitlements 20-32XX 694,351 1,078,480 1,078,480
TOTAL REVENUES FROM STATE SOURCES 8,168,717 10,310,999 10,693,552
Revenues from Federal Sources:
Title I 20-4411-4416 1,225,978 1,517,996 1,300,317
Title II 20-4451-4455 189,775 212,206 172,882
Title III 20-4491-4494 23,520 34,454 14,645
Title IV 20-4471-4474 17,418 509
I.D.E.A. Part B (Handicapped) 20-4420-4429 1,226,927 928,296 763,265
Other 20-4XXX 63,947 62,396
TOTAL REVENUES FROM FEDERAL SOURCES 2,747,565 2,755,857 2,251,109
TOTAL GRANTS AND ENTITLEMENTS 10,935,338 13,102,889 12,968,943
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 1
Revenues from Local Sources:
Local Tax Levy 40-1210 282,648 279,589 276,658
TOTAL REVENUES FROM LOCAL SOURCES 282,648 279,589 276,658
TOTAL LOCAL REPAYMENT OF DEBT 282,648 279,590 276,658
TOTAL REPAYMENT OF DEBT 282,648 279,590 276,658
TOTAL REVENUES/SOURCES 57,671,628 62,599,687 62,529,512
HUDSON - HOBOKEN CITY
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 929,144 2,030,573 2,075,599
Special Education 11-2XX-100-XXX 419,379 438,638 448,533
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 63,547 67,647 67,204
School Sponsored Athletics 11-402-100-XXX 392,750 529,424 548,707
Summer School 11-422-XXX-XXX 30,000
Other Supplemental/At-Risk Programs 11-424-XXX-XXX 100,000
Support Services:
Tuition 11-000-100-XXX 950,360 1,152,456 1,129,603
Attendance and Social Work Services 11-000-211-XXX 114,323 119,704 124,014
Health Services 11-000-213-XXX 62,598 123,509 126,279
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217 804,017 954,929 945,242
Child Study Teams 11-000-219-XXX 1,386,161 1,331,426 1,379,787
Improvement of Instructional Services 11-000-221-XXX 615,618 600,963 648,348
Educational Media Services - School Library 11-000-222-XXX 162,518 188,949 307,905
Instructional Staff Training Services 11-000-223-XXX 3,500 3,500
General Administration 11-000-230-XXX 1,212,864 897,745 696,693
Central Svcs & Admin Info Technology 11-000-25X-XXX 941,466 838,734 763,447
Operation and Maintenance of Plant Services 11-000-26X-XXX 4,614,255 4,666,502 5,003,690
Student Transportation Services 11-000-270-XXX 1,156,726 1,124,399 1,160,607
Personal Services - Employee Benefits 11-XXX-XXX-2XX 4,195,125 4,134,886 4,718,070
Transfer Property Sale Proceeds to Debt Svc Res 11-000-520-934 457,862
Total Support Services Expenditures 16,216,031 16,595,564 17,007,185
TOTAL GENERAL CURRENT EXPENSE 18,020,851 19,661,846 20,277,228
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X 225,912 662,973 130,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX 238,023 896,182 858,788
TOTAL CAPITAL EXPENDITURES 463,935 1,559,155 988,788
SPECIAL SCHOOLS
Other Special Schools:
Support Services 13-4XX-200-XXX 112,168 129,005 128,173
Total Other Special Schools 112,168 129,005 128,173
TOTAL SPECIAL SCHOOLS 112,168 129,005 128,173
Transfer of Funds to Charter Schools 10-000-100-56X 4,987,989 6,003,084 7,254,646
General Fund Contribution to SBB 10-000-520-930 22,868,699 21,864,118 20,635,076
OPERATING BUDGET GRAND TOTAL 46,453,642 49,217,208 49,283,911
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX 19,056 36,033 24,282
Preschool Education Aid:
Support Services 20-218-200-XXX 7,474,366 9,232,519 9,615,072
TOTAL PRESCHOOL EDUCATION AID 7,474,366 9,232,519 9,615,072
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX 35,543 43,405 43,405
Nonpublic Auxiliary Services 20-XXX-XXX-XXX 171,328 367,479 367,479
Nonpublic Handicapped Services 20-XXX-XXX-XXX 130,512 296,156 296,156
Nonpublic Nursing Services 20-XXX-XXX-XXX 56,709 62,001 62,001
Other Special Projects 20-XXX-XXX-XXX 300,259 309,439 309,439
Total State Projects 8,168,717 10,310,999 10,693,552
Federal Projects:
Title I 20-XXX-XXX-XXX 588,404 874,701 657,023
Title II 20-XXX-XXX-XXX 80,498 101,868 62,543
Title III 20-XXX-XXX-XXX 23,520 34,454 14,645
Title IV 20-XXX-XXX-XXX 17,418 509
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 1,226,927 928,296 763,265
Other Special Projects 20-XXX-XXX-XXX 63,947 62,396
Total Federal Projects 2,000,714 2,002,224 1,497,476
Grant & Entitlements Cont to SBB 20-XXX-XXX-930 746,851 753,633 753,633
TOTAL GRANTS AND ENTITLEMENTS 10,935,338 13,102,889 12,968,943
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 282,648 279,590 276,658
TOTAL REPAYMENT OF DEBT 282,648 279,590 276,658
Total Expenditures 57,671,628 62,599,687 62,529,512
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 11-000-520-934 457,862
TOTAL EXPENDITURES NET OF TRANSFERS 57,671,628 62,141,825 62,529,512
HUDSON - HOBOKEN CITY
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 2,702,397 1,714,788 1,861,418 341,809
Repayment of Debt 1 1 0 0
Restricted for Specific Purposes:
General Operating Budget:
Capital Reserve 750,000 750,000 130,665 1
Adult Education Programs 0 0 0 0
Maintenance Reserve 0 0 0 0
Legal Reserve 264,246 0 0 0
Tuition Reserve 0 0 0 0
Current Expense Emergency Reserve 0 0 0 0
Repayment of Debt:
Restricted for Repayment of Debt 0 0 0 0
HUDSON - HOBOKEN CITY
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 21225 22646 22484 22848 22639
Total Classroom Instruction 11060 11575 11188 11625 11438
Classroom-Salaries and Benefits 10445 11017 10511 10839 10619
Classroom-General Supplies and Textbooks 483 472 473 602 636
Classroom-Purchased Services and Other 132 86 205 185 183
Total Support Services 3537 4588 5122 4726 4848
Support Services-Salaries and Benefits 3273 4269 4694 4221 4345
Total Administrative Costs 2528 2374 1898 2192 1914
Administration-Salaries and Benefits 1984 1846 1425 1600 1454
Legal Costs 0 126 271 124 106
Total Operations and Maintenance of Plant 3130 3240 3438 3324 3470
Operations & Maintenance of Plant-Salary & Ben. 1826 1911 2003 1940 1947
Board Contribution to Food Services 158 0 0 0 0
Total Extracurricular Costs 636 676 613 776 777
Total Equipment Costs 59 126 256 371 72
Employee Benefits as a % of Salaries 30.9 34.9 37.0 37.1 33.8
The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
are contained in the 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.
2009-10 actual, 2010-11 actual, 2011-12 original, 2011-12 revised, and 2012-13 amounts include a total of $ 348,
$417, $426, $421, and $ 419 per pupil, respectively, in federal and state funds in the blended resource
school-based budgets.
HUDSON - HOBOKEN CITY
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
HUDSON - HOBOKEN CITY
Shared Services -- Description of Shared Services
_________________________________________________
ERate
ACES
Joint Transportation
Cooperative Pricing utilizing Ed Data
Middlesex County Cooperative pricing
Interlocal Agreement with Municipality
NJ State Contracts
Disaster Center for Township
HUDSON - HOBOKEN CITY
22a. Estimated Tax Rate Information
______________________________
A. Estimated 12-13 School Tax Rate
__________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 36,479,095 (A)
Estimated Net Taxable Valuation (as of 10/01/2011 ) 3,010,230,709 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100 1.2118 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 36,757,219 (D)
Estimated Net Taxable Valuation (as of 10/01/2011 ) 3,010,230,709 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)X100 1.2211 (F)
B. Estimated 12-13 Equalized School Tax Rate
____________________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 36,479,095 (G)
Estimated Equalized Valuation (as of 10/01/2011 ) 9,704,766,485 (H)
Estimated 12-13 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.3759 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 36,757,219 (J)
Estimated Equalized Valuation (as of 10/01/2011 ) 9,704,766,485 (K)
Estimated 12-13 Equalized Total School
Tax Rate=(J)/(K)X100 0.3788 (L)
HUDSON - HOBOKEN CITY
17. Salaries and Benefits of Certain District Employees
Name Mark Toback
Job Title Superintendent
Base Annual Salary 157,500
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 03/08/2011
Ending Date of Contract / /
Annual Work Days 260
Annual Vacation Days 25
Annual Sick Days 10
Annual Personal Days 4
Annual Consulting Days 0
Other Non-working days 16
Description-Other Non-working Days Holidays
Benefits:
Allowances 2,740
Bonuses 5,561
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 19,704
Dental Insurance 1,506
Life Insurance 0
Other Insurances 6,901
Retirement Plans 10,237
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
HUDSON - HOBOKEN CITY
17. Salaries and Benefits of Certain District Employees
Name Miguel Hernandez
Job Title Assistant Superintendent
Base Annual Salary 144,000
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 08/01/2011
Ending Date of Contract / /
Annual Work Days 260
Annual Vacation Days 25
Annual Sick Days 10
Annual Personal Days 4
Annual Consulting Days 0
Other Non-working days 16
Description-Other Non-working Days Holidays
Benefits:
Allowances 1,780
Bonuses 0
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 8,156
Dental Insurance 521
Life Insurance 0
Other Insurances 3,913
Retirement Plans 9,360
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
HUDSON - HOBOKEN CITY
17. Salaries and Benefits of Certain District Employees
Name Michael Poindexter
Job Title Accountant
Base Annual Salary 86,275
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 08/25/2009
Ending Date of Contract / /
Annual Work Days 240
Annual Vacation Days 15
Annual Sick Days 10
Annual Personal Days 3
Annual Consulting Days 0
Other Non-working days 16
Description-Other Non-working Days Holidays
Benefits:
Allowances 0
Bonuses 0
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 8,156
Dental Insurance 521
Life Insurance 0
Other Insurances 3,261
Retirement Plans 5,608
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
HUDSON - HOBOKEN CITY
17. Salaries and Benefits of Certain District Employees
Name Dianne Botti
Job Title Assistant Superintendent
Asst to BA/Asst Bd Secy
Base Annual Salary 75,000
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 08/16/2010
Ending Date of Contract / /
Annual Work Days 240
Annual Vacation Days 15
Annual Sick Days 10
Annual Personal Days 3
Annual Consulting Days 0
Other Non-working days 0
Description-Other Non-working Days
Benefits:
Allowances 750
Bonuses 0
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 18,153
Dental Insurance 1,506
Life Insurance 0
Other Insurances 5,968
Retirement Plans 4,875
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
HUDSON - HOBOKEN CITY
17. Salaries and Benefits of Certain District Employees
Name Michael Donow
Job Title Other
Interim Business Administrator
Base Annual Salary 118,560
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 11/16/2011
Ending Date of Contract 01/18/2012
Annual Work Days 240
Annual Vacation Days 0
Annual Sick Days 0
Annual Personal Days 0
Annual Consulting Days 0
Other Non-working days 0
Description-Other Non-working Days Salary is pro rated to 19,760
Benefits:
Allowances 0
Bonuses 0
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 0
Dental Insurance 0
Life Insurance 0
Other Insurances 1,340
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
************** Edits Were Run and No Errors Were Detected **************
05/11/2012 New Jersey State Department of Education Page: Jd 1
09:14:27 Office of School Finance
8464 2012 - 2013
Advertised Blended Resource SBB Statement
HOBOKEN CITY
Budget Category Account 2010-11 2011-12 2012-13
Resources:
01500 General Fund Contribution 15-5200 22,868,699 21,864,118 20,635,076
01505 Adjustment for Prior Year Encumbrances 0 0 0
01510 Restricted State Entitlements 15-32XX 0 0 0
01520 Restricted Federal Entitlements 15-44XX 746,851 753,633 753,633
01530 Total SBB Resources 23,615,550 22,617,751 21,388,709
Appropriations:
Instruction 15-XXX-100-XXX 14,810,372 13,620,165 13,637,131
Support Services 15-XXX-2XX-XXX 8,805,178 8,997,586 7,751,578
Equipment 15-XXX-XXX-73X 0 0 0
Total SBB Appropriations 23,615,550 22,617,751 21,388,709
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