HomeMy Public PortalAboutResolution 01:162No. 01-162 Dale of Adoption May 17. 2001
DETERMINING THE AMOUNT TO BE RAISED BY TAXATION FOR
SCHOOL PURPOSES FOR THE 2001-2002 SCHOOL YEAR
WHEREAS, tire district tax levy for the General Fuud portion of the 2001/2002 budget
of the Board of Education of the Borough of Carteret in the amount of $16,378,251 was defeated
by the voters of tbe Borough of Carteret at the annual school election held on April 17, 2001;
and
WHEREAS, pursuant to N.J.S.A. 18A:22-37, the Municipal Council did receive the proposed
school budget and has consulted with the local Board of Education on May 14, 2001 to discuss
the proposed 2001/2002 school budget; and
WHEREAS, the Municipal Council did review said 2001/2002 budget with the
recommendations and justifications for the reduction in the amount of $140,000 in the General
Fund budget tax levy for 2001/2002 as detailed on Appendix "A".
NOW, THEREFORE, BE IT RESOLVED that the Municipal Council of the Borough of
Carteret does hereby certify to the Middlesex County Board of Taxation, that the amount
necessary to be levied for the General Fund budget to provide a thorough and efficient education
for the Borough of Carteret School District for the school year 2001/2002 is $16,238,251.
BE IT FURTHER RESOLVED that the amount to be levied for debt service certified to the
Middlesex Counly Board of Taxation shall be $910,572 for the school year 2001/2002.
BE IT FURTHER RESOLVED that a certified copy of this resolution shall be forwarded
forthwith to the Middlesex County Board of Taxation the Middlesex County Superintendent of
Schools, the Carteret Board of Education and the Tax Assessor of the Borough of Carteret.
Adopted this 17t~ day of May, 2001
and certified as a tree copy of the original
on May 18,2001.
KATHLEEN M. BARNEY,
Municipal Clerk
RF.C~OI~II OF C~OIINCII_~ V~OTE ............. ......
X - Indicate Vote AB - Absent NV - Not Voting XOR- Indicates Vote to Overrule Veto
Adopted at a ~neeting of the Municipal Council
May 17, 2001
/' ? Clerk~ ' .
APPENDIX A
CARTERET BOARD OF EDUCATION PAGE 1 OF 2
PROPOSED 2001-2002 BUDGET REVISIONS
AMOUNT
REVENUES - ADDITIONAL
10-303
BUDGETED FUND BALANCE-GENERAL FUND $ 98~000.00
INCREASE UTILIZATION OF ADDITIONAL FUND BALANCE-
REVISED PROJECTED FUND BALANCE GREATER THAN
ORIGINAL BOARD ESTIMATE.
TOTAL REVENUES $ 98~000.00
APPROPRIATIONS - REDUCTIONS
11-190-100-610 REGULAR PROGRAMS - UNDISTRIBUTED
INSTRUCTION - GENERAL SUPPLIES $ 3,000.00
EXCESS APPROPRIATION BASED UPON FURTHER REVIEW
OF DISTRICT REQUIREMENTS FOR THE SCHOOL YEAR 2001-2002
(PROJECTED ACTUAL).
11-190-100-640 REGULAR PROGRAMS - UNDISTRIBUTED
INSTRUCTION - TEXTBOOKS 4,000.00
EXCESS APPROPRIATION BASED UPON PROJECTED ACTUAL
TEXTBOOK REPLACEMENT PROGRAM.
11-000~218-600 UNDISTRIBUTED EXPENDITURES -
OTHER SUPPORT SERV. STUDENT -
REGULAR - SUF'PLIES AND MATERIALS 1,000.00
EXCESS APPROPRIATION BASED UPON FURTHER REVIEW
OF DISTRICT REQUIREMENTS FOR THE SCHOOL YEAR 2001-2002
(PROJECTED ACTUAL).
11-000-222-600 UNDISTRIBUTED EXPENDITURES-
EDUCATIONAL MEDIA/SCHOOL
LIBRARY- SUPPLIES AND MATERIALS 8,000.00
EXCESS APPROPRIATION BASED UPON FURTHER REVIEW
OF DISTRICT REQUIREMENTS FOR THE SCHOOL YEAR 2001-2002
(PROJECTED ACTUAL).
[ 1-000-230-600 UNDISTRIBUTED EXPENDITURES -
SUPPORT SERV. - GENERAL ADMIN. -
SUPPLIES AND MATERIALS 3,000.00
EXCESS APPROPRIATION BASED UPON FURTHER REVIEW
OF D1STRICT REQUIREMENTS FOR THE SCHOOL YEAR 2001-2002
(PROJECTED ACTUAL).
1-000-240-800 UNDISTRIBUTED EXPENDITURES -
SUPPORT SERV. - SCHOOL ADMIN. -
OTHER OBJECTS 3,000.00
EXCESS APPROPRIATION BASED UPON REDUCTION
IN STAFF DEVELOPMENT WORKSHOPS
DUR1NG THE SCItOOL YEAR 2001-2002.
I 1-000-261-610 UNDISTRIBUTED EXPENDITURES -
REQ. MAINT. FOR SCHOOL FACILITIES-
GENERAL SUPPL1ES 4,000.00
EXCESS APPROPRIATION BASED UPON FURTHER REVIEW
OF DISTRICT REQUIREMENTS FOR THE SCHOOL YEAR 2001-2002
(PROJECTED ACTUAL).
APPENDIX A
CARTERET BOARD OF EDUCATION PAGE 2 OF 2
PROPOSED 2001-2002 BUDGET REVISIONS
AMOUNT
11-000-262-610 UNDISTRIBUTED EXPENDITURES -
OTHER OPER&MAINT. OF PLANT-
GENERAL SUPPL1ES 3,000.00
EXCESS APPROPRIATION BASED UPON FURTHER REVIEW
OF DISTRICT REQUIP, EMENTS FOR THE SCHOOL YEAR 2001-2002
(PROJECTED ACTUAL).
11-000-262-800 UNDISTRIBUTED EXPENDITURES -
OTHER OPER&MA1NT. OF PLANT-
OTHER OBJECTS 1,000.00
EXCESS APPROPRIATION BASED UPON REDUCTION
IN STAFF DEVELOPMENT WORKSHOPS
DURING THE SCHOOL YEAR 2001-2002.
12-120-100-730 EQUIPMENT - GRADES !-5 4,000.00
12~130-100-730 EQUIPMENT - GRADES 6-8 4,000.00
12-140-100-730 EQUIPMENT - GRADES 9-12 4~000.00
EXCESS APPROPRIATION BASED UPON THE DISTR[CT
DELAYING FURNITURE ACQUISITIONS BEYOND
THE SCHOOL YEAR 2001-2002.
TOTAL APPROPRIATION REDUCTIONS $ 42,000.00
GRAND TOTAL $ 140,000.00