03/04/2008 SUSSEX - LENAPE VALLEY REGIONAL
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2006 October 15, 2007 October 15, 2008
Actual Actual Estimated
Pupils on Roll Regular Full-Time 738 740 749
Pupils on Roll Regular Shared-Time 3 1 1
Pupils on Roll - Special Full-Time 117 129 140
Pupils on Roll - Special Shared-Time 4 4 3
Private School Placements 13 15 11
Pupils Sent to Other Dists-Spec Ed Prog 3 4 5
Pupils in State Facilities 2
SUSSEX - LENAPE VALLEY REGIONAL
Advertised Revenues
Budget Category Account 2006-07 2007-08 2008-09
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 139,230 100,000
Revenues from Local Sources:
Local Tax Levy 10-1210 8,271,550 8,671,403 8,671,403
Interest Earned on Capital Reserve Funds 10-1XXX 10,900 4,000 4,000
Other Restricted Miscellaneous Revenues 10-1XXX 57,739
Unrestricted Miscellaneous Revenues 10-1XXX 40,000 40,000
SUBTOTAL 8,340,189 8,715,403 8,715,403
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 2,137,291 2,137,291
Supplemental Core Curriculum Standards Aid 10-3112 192,347 192,347
Transportation Aid 10-3120 306,058 306,058
Special Education Aid 10-3130 501,103 501,103
Bilingual Education 10-3140 27,834 27,834
Stabilization Aid 10-3171 389,834 389,834
Extraordinary Aid 10-3131 4,185
Consolidated Aid 10-3195 94,688 94,688
Additional Formula Aid 10-3196 109,475 223,453
Other State Aids 10-3XXX 40,621 40,621
Categorical Special Education Aid 10-3132 430,126
Equalization Aid 10-3176 3,513,267
Categorical Security Aid 10-3177 56,751
Categorical Transportation Aid 10-3121 304,408
SUBTOTAL 3,803,436 3,913,229 4,304,552
Actual Revenues (Over)/Under Expenditures 42,535
TOTAL OPERATING BUDGET 12,186,160 12,767,862 13,119,955
GRANTS AND ENTITLEMENTS
Revenues from Federal Sources:
Title I 20-4411-4416 21,304 16,534 14,054
I.D.E.A. Part B (Handicapped) 20-4420-4429 152,402 155,563 132,228
Other 20-4XXX 11,160 14,865 12,635
TOTAL REVENUES FROM FEDERAL SOURCES 184,866 186,962 158,917
TOTAL GRANTS AND ENTITLEMENTS 184,866 186,962 158,917
TOTAL REVENUES/SOURCES 12,371,026 12,954,824 13,278,872
SUSSEX - LENAPE VALLEY 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 4,380,953 4,544,981 4,666,712
Special Education 11-2XX-100-XXX 386,937 409,228 484,721
Basic Skills/Remedial 11-230-100-XXX 48,153 50,371 57,281
Bilingual Education 11-240-100-XXX 8,213 9,047 7,713
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 139,725 144,578 148,700
School Sponsored Athletics 11-402-100-XXX 414,829 443,540 459,900
Other Instructional Programs 11-4XX-100-XXX 5,500 5,500 5,500
Support Services:
Tuition 11-000-100-XXX 586,182 841,873 628,152
Attendance and Social Work Services 11-000-211-XXX 30,135 32,760 98,835
Health Services 11-000-213-XXX 67,266 70,652 74,400
Students - Related & Extraordinary 11-000-216,217 131,079 202,516 228,477
Guidance 11-000-218-XXX 372,177 397,817 458,251
Child Study Teams 11-000-219-XXX 243,278 243,331 236,237
Improvement of Instructional Services 11-000-221-XXX 414,385 492,501 545,387
Educational Media Services - School Library 11-000-222-XXX 147,406 132,027 111,275
Instructional Staff Training Services 11-000-223-XXX 479 1,740 1,825
General Administration 11-000-230-XXX 319,184 330,296 327,586
School Administration 11-000-240-XXX 420,696 442,695 452,377
Central Svcs & Admin Info Technology 11-000-25X-XXX 379,326 434,926 436,740
Operation and Maintenance of Plant Services 11-000-26X-XXX 1,333,570 1,252,990 1,216,213
Student Transportation Services 11-000-270-XXX 615,409 656,543 689,374
Personal Services - Employee Benefits 11-XXX-XXX-2XX 1,704,426 1,591,450 1,780,299
Food Services 11-000-310-XXX 5,000
Total Support Services Expenditures 6,764,998 7,129,117 7,285,428
TOTAL GENERAL CURRENT EXPENSE 12,149,308 12,736,362 13,115,955
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604 4,000 4,000
Equipment 12-XXX-XXX-73X 36,852 27,500
TOTAL CAPITAL EXPENDITURES 36,852 31,500 4,000
OPERATING BUDGET GRAND TOTAL 12,186,160 12,767,862 13,119,955
SPECIAL GRANTS AND ENTITLEMENTS
Title I 20-XXX-XXX-XXX 21,304 16,534 14,054
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 152,402 155,563 132,228
Other Special Projects 20-XXX-XXX-XXX 11,160 14,865 12,635
Total Federal Projects 184,866 186,962 158,917
TOTAL GRANTS AND ENTITLEMENTS 184,866 186,962 158,917
Total Expenditures 12,371,026 12,954,824 13,278,872
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 12,371,026 12,954,824 13,278,872
SUSSEX - LENAPE VALLEY 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 278,170 254,185 264,185 194,959
Repayment of Debt 0 0 0 0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve 245,821 256,721 260,721 264,721
Adult Education Programs 0 0 0 0
Maintenance Reserve 0 0 0 0
Legal Reserve 199,454 170,004 30,774 0
Tuition Reserve 0 0 0 0
Current Expense Emergency Reserve 0 0 0 0
Reserved for Repayment of Debt 0 0 0 0
SUSSEX - LENAPE VALLEY 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 12044 12825 12365 12895 13242
Total Classroom Instruction 6318 6856 6663 6836 7038
Classroom-Salaries and Benefits 5981 6496 6345 6532 6794
Classroom-General Supplies and Textbooks 272 302 197 190 127
Classroom-Purchased Services and Other 65 59 121 115 117
Total Support Services 1902 1980 1986 2131 2336
Support Services-Salaries and Benefits 1803 1804 1851 1972 2113
Total Administrative Costs 1485 1551 1500 1605 1602
Administration-Salaries and Benefits 1252 1301 1259 1327 1365
Total Operations and Maintenance of Plant 1467 1658 1436 1528 1457
Operations & Maintenance of Plant-Salary & Ben. 487 521 532 546 531
Total Food Services Costs 6 0
Total Extracurricular Costs 715 758 761 773 792
Total Equipment Costs 39 43 17 32 0
Employee Benefits as a % of Salaries 22.5 22.6 23.2 19.7 21.0
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.
SUSSEX - LENAPE VALLEY 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
SUSSEX - LENAPE VALLEY REGIONAL
Shared Services -- Description of Shared Services
_________________________________________________
1.School Social Worker shared with Stanhope School District.
2.Purchase of heating fuel is shared with Byram School District.
3.Bus transportation is shared with Stanhope, Byram,& Netcong school
districts & municipalities.
4.Auditorium & athletic facilites are shared with Byram, Stanhope &
Netcong school districts & municipalities.
5.Purchase of fuel for buses and vehicles will be shared with Byram Twp.
6.Purchase of sand & salt for roads shared with Stanhope Boro.
7.Purchase of property & liability insurance coverage shared with
jointure of over 300 NJ school districts.
8.Purchase of over 90% of school and athletic supplies shared with
cooperative comprised of majority of NJ school districts.
9.Purchase of regular & special education transportation shared with
cooperative comprised of Sussex County school districts.
10.Director of CST shared with Stanhope school district.
11.Administrative & teacher training sessions & in-service days shared
with Byram, Stanhope, & Netcong school districts.
12.Instructional staff & administration services shared with Stanhope
school district.
13.School doctor & medical services shared with Byram, Stanhope,& Netcong
school districts.
14.Police resource officer shared with Stanhope Borough.
15.Textbooks shared with Stanhope school district.
SUSSEX - LENAPE VALLEY REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
BYRAM
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 5,035,930 (A)
Estimated Net Taxable Valuation (as of 01/01/2008 ) 530,524,650 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.9492 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,035,930 (D)
Estimated Net Taxable Valuation (as of 01/01/2008 ) 530,524,650 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.9492 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
BYRAM
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 5,035,930 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 1,205,287,953 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.4178 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,035,930 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 1,205,287,953 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.4178 (L)
SUSSEX - LENAPE VALLEY REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
NETCONG
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 1,588,817 (A)
Estimated Net Taxable Valuation (as of 01/01/2008 ) 341,457,883 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.4653 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 1,588,817 (D)
Estimated Net Taxable Valuation (as of 01/01/2008 ) 341,457,883 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.4653 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
NETCONG
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 1,588,817 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 334,882,208 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.4744 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 1,588,817 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 334,882,208 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.4744 (L)
SUSSEX - LENAPE VALLEY REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
STANHOPE
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 2,046,656 (A)
Estimated Net Taxable Valuation (as of 01/01/2008 ) 432,035,928 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.4737 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 2,046,656 (D)
Estimated Net Taxable Valuation (as of 01/01/2008 ) 432,035,928 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.4737 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
STANHOPE
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 2,046,656 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 431,838,046 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.4739 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 2,046,656 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 431,838,046 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.4739 (L)