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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