03/27/2012 MORRIS - NETCONG BORO
 
 Advertised Enrollments
 
 ENROLLMENT CATEGORY  October 15, 2010 October 15, 2011 October 15, 2012
 Actual Actual Estimated
 
 Pupils on Roll Regular Full-Time 246 237 240
 
 
 
 
 
 Pupils on Roll - Special Full-Time 40 44 42
 
 
 Subtotal - Pupils On Roll 286  281 282
 Private School Placements 2
 
 
 
 
 
 Pupils Sent to Other Dists-Spec Ed Prog 1
 
 Pupils Received  1 1 1
 
 
 MORRIS - NETCONG BORO
 
 Advertised Revenues
 
 Budget Category Account 2010-11 2011-12 2012-13
 Actual Revised Anticipated
 OPERATING BUDGET
 Budgeted Fund Balance - Operating Budget 10-303 94,000 166,890
 
 Revenues from Local Sources: 
 Local Tax Levy  10-1210 2,718,432 2,718,432 2,718,432
 Tuition 10-1300 20,154 20,000 20,000
 Interest Earned on Capital Reserve Funds  10-1XXX 17 20 20
 Other Restricted Miscellaneous Revenues 10-1XXX 1,787
 Unrestricted Miscellaneous Revenues 10-1XXX 91,166 53,011 60,000
 SUBTOTAL 2,831,556 2,791,463 2,798,452
 
 Revenues from State Sources: 
 Extraordinary Aid 10-3131 125,687 125,000 90,000
 Categorical Special Education Aid 10-3132 155,673 155,673 165,811
 Equalization Aid 10-3176 754,949 795,012 882,759
 Categorical Security Aid 10-3177 9,338
 Categorical Transportation Aid 10-3121 1,258
 SUBTOTAL 1,036,309 1,075,685 1,149,166
 
 Revenues from Federal Sources: 
 Education Jobs Fund 18-4522 8,996 23,314
 SUBTOTAL  8,996 23,314
 Actual Revenues (Over)/Under Expenditures -288,175
 TOTAL OPERATING BUDGET 3,588,686 3,984,462 4,114,508
 GRANTS AND ENTITLEMENTS
 Revenues from Local Sources 20-1XXX 8,344
 
 Revenues from State Sources: 
 Other Restricted Entitlements 20-32XX 77,172 150,000 150,000
 TOTAL REVENUES FROM STATE SOURCES 77,172 150,000 150,000
 
 Revenues from Federal Sources:  
 Title I 20-4411-4416 51,401 35,000 35,000
 Title II 20-4451-4455 30,530
 Title III  20-4491-4494 19,250
 Title IV 20-4471-4474 590
 I.D.E.A. Part B (Handicapped) 20-4420-4429 134,268 78,000 78,000
 TOTAL REVENUES FROM FEDERAL SOURCES 236,039 113,000 113,000
 TOTAL GRANTS AND ENTITLEMENTS 321,555 263,000 263,000
 REPAYMENT OF DEBT
 
 Revenues from Local Sources: 
 Local Tax Levy 40-1210 139,250  145,128
 TOTAL REVENUES FROM LOCAL SOURCES 139,250 145,128
 TOTAL LOCAL REPAYMENT OF DEBT 139,250  145,128
 TOTAL REPAYMENT OF DEBT 139,250 145,128
 TOTAL REVENUES/SOURCES 3,910,241 4,386,712  4,522,636
 MORRIS - NETCONG BORO
 
 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 1,493,662 1,649,527 1,676,505
 Special Education 11-2XX-100-XXX 441,387 445,598 466,068
 Basic Skills/Remedial  11-230-100-XXX 23,564 25,250
 Bilingual Education 11-240-100-XXX 23,645 25,250 19,190
 School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 22,401 25,000 25,450
 School Sponsored Athletics 11-402-100-XXX 8,300 8,300
 Community Services Programs/Operations 11-800-330-XXX 250 150
 Support Services:
 Tuition 11-000-100-XXX 61,629 15,000 5,000
 Attendance and Social Work Services 11-000-211-XXX 100
 Health Services 11-000-213-XXX 66,892 69,005 69,680
 Speech, OT, PT, Related & Extraordinary Services 11-000-216,217 145,902 135,250 134,178
 Guidance 11-000-218-XXX 53,850 56,313 59,313
 Child Study Teams  11-000-219-XXX 64,122 90,520 106,222
 Educational Media Services - School Library 11-000-222-XXX 1,437 3,000 3,000
 Instructional Staff Training Services 11-000-223-XXX 1,250 1,250
 General Administration 11-000-230-XXX 119,358 145,725 152,550
 School Administration  11-000-240-XXX 86,971 99,069 101,069
 Central Svcs & Admin Info Technology 11-000-25X-XXX 99,304 122,566 128,100
 Operation and Maintenance of Plant Services 11-000-26X-XXX 236,224 351,921 341,146
 Student Transportation Services 11-000-270-XXX 55,140 26,850 46,000
 Personal Services - Employee Benefits 11-XXX-XXX-2XX 605,222 666,384 731,067
 Total Support Services Expenditures 1,596,051 1,782,953 1,878,575
 TOTAL GENERAL CURRENT EXPENSE 3,577,146 3,960,442 4,099,488
 
 CAPITAL EXPENDITURES
 Interest Earned on Capital Reserve 10-604 17 20 20
  Equipment 12-XXX-XXX-73X 24,000 15,000
 Facilities Acquisition and Construction Services 12-000-4XX-XXX 11,523
 TOTAL CAPITAL EXPENDITURES  11,540 24,020 15,020
 OPERATING BUDGET GRAND TOTAL 3,588,686 3,984,462 4,114,508
 
 SPECIAL GRANTS AND ENTITLEMENTS
 Local Projects 20-XXX-XXX-XXX 8,344
 Other State Projects:
 Nonpublic Textbooks 20-XXX-XXX-XXX 10,385 20,000 20,000
 Nonpublic Auxiliary Services 20-XXX-XXX-XXX 17,987 40,000 40,000
 Nonpublic Handicapped Services 20-XXX-XXX-XXX 36,475 60,000 60,000
 Nonpublic Nursing Services 20-XXX-XXX-XXX 12,325 15,000 15,000
 Nonpublic Technology Initiative 20-XXX-XXX-XXX 10,000 10,000
 Other Special Projects 20-XXX-XXX-XXX 5,000 5,000
 Total State Projects 77,172 150,000 150,000
 Federal Projects:
 Title I 20-XXX-XXX-XXX 51,401 35,000 35,000
 Title II 20-XXX-XXX-XXX 30,530
 Title III  20-XXX-XXX-XXX 19,250
 Title IV 20-XXX-XXX-XXX 590
 I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX  134,268 78,000 78,000
 Total Federal Projects 236,039 113,000 113,000
 TOTAL GRANTS AND ENTITLEMENTS  321,555 263,000 263,000
 
 REPAYMENT OF DEBT
 Repayment of Debt - Regular 40-701-510-XXX 139,250 145,128
 TOTAL REPAYMENT OF DEBT  139,250 145,128
 Total Expenditures 3,910,241 4,386,712 4,522,636
 
 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 3,910,241 4,386,712 4,522,636
 
 
 MORRIS - NETCONG BORO
 
 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 214,359 374,687 289,883 249,820
 Repayment of Debt 0 0 0 0
 
 Restricted for Specific Purposes:
  General Operating Budget:
 Capital Reserve 4,693 4,710 4,730 4,750
 Adult Education Programs 0  0 0 0
 Maintenance Reserve 0 0 0 0
 Legal Reserve 0 126,827 126,827 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
 
 
 
  MORRIS - NETCONG BORO
 
 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  13158 12109 12465 13929 14344
Total Classroom Instruction 8688 8337 8251 9220 9583
Classroom-Salaries and Benefits  8438 8031 7945 8878 9192
Classroom-General Supplies and Textbooks 239 246 295 329 379
Classroom-Purchased Services and Other  11 59 11 13 12
Total Support Services 1565 1370 1338 1495 1608
Support Services-Salaries and Benefits 1146 956 973 1087 1212
Total Administrative Costs 1354 1289 1624 1815 1812
Administration-Salaries and Benefits 1118  971 1300 1453 1385
Legal Costs 0 41 66 64 67
Total Operations and Maintenance of Plant 1435  1034 1144 1278 1219
Operations & Maintenance of Plant-Salary & Ben. 591 629 426 476 450
Board Contribution to Food Services 0  0 0 0 0
Total Extracurricular Costs 108 80 107 120 122
Total Equipment Costs 0  0 76 85 53
Employee Benefits as a % of Salaries 22.2 24.9 24.7 24.7 26.6
 
 
 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.
 
  MORRIS - NETCONG BORO
 
 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
 
 MORRIS - NETCONG BORO
 
Shared Services -- Description of Shared Services_________________________________________________
 
 The Netcong Public School has implemented many shared services agreements
 with its consituent districts to the Lenape Valley High School including 
 Stanhope, Byram and Lenape Valley High School over the past few years 
 through Interlocal Agreements and contracts, as well as, with various 
 school districts and business partners as follows: 
 
 Interlocal Agreement - Occupational Therapist - Byram School District 
 Interlocal Agreement - Itinerant Services - Mountain Lakes/Lake Drive 
 Shared Services - Netcong Borough - Snow Plowing/Janitorial Services 
 Shared Services - Hampton Borough - Business Administrator Services 
 Consortium Contract - Transportation (Spec Ed) - Sussex County Cooperativ
 Consortium Contract - General School Supplies - Ed Data/Morris County 
 Consortium Contract - Energy - NJASBO/ACES  
 Consortium Contract - Telephone/Communications - NJASBO/ACT 
 Consortium Contract - Health and Environmental Safety - MCESC 
 Consortium Contract - Insurance (Property, Wrkr Comp, etc.) - NJABAIG 
  
 The Netcong Board of Education has consistently and effectively 
 implemented shared services agreements for various services and general 
 supplies over the years.  
 
 MORRIS - NETCONG BORO
 
22a. Estimated Tax Rate Information ______________________________
 
 
 
A. Estimated 12-13 School Tax Rate__________________________________
 
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 2,718,432 (A)
Estimated Net Taxable Valuation (as of 10/01/2011 ) 336,650,535 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100  0.8075 (C)
 
 
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
 
Total School Levy 2,755,996 (D)
Estimated Net Taxable Valuation (as of 10/01/2011 ) 336,650,535 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)X100 0.8187 (F)
 
 
B. Estimated 12-13 Equalized School Tax Rate____________________________________________
 
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 2,718,432 (G)
Estimated Equalized Valuation (as of 10/01/2011 ) 301,439,810 (H)
Estimated 12-13 Equalized General Fund School
 Tax Rate=(G)/(H)X100 0.9018 (I)
 
 
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
 
Total School Levy  2,755,996 (J)
Estimated Equalized Valuation (as of 10/01/2011 ) 301,439,810 (K)
Estimated 12-13 Equalized Total School
 Tax Rate=(J)/(K)X100 0.9143 (L)
 
 MORRIS - NETCONG BORO
 17. Salaries and Benefits of Certain District Employees
 
 Name Vacancy 
 Job Title Superintendent 
  Principal 
 Base Annual Salary 125,000
 FTE 1.0
 Shared with Another District? N
 Member of Collective Bargaining ? N
 Contract Terms:
 Beginning Date of Contract 07/01/2012
 Ending Date of Contract 06/30/2013
 Annual Work Days 240
 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 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