HomeMy Public PortalAboutr 07:147
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07 -147 D,"e or Adoption May 17,
BOROUGH OF CARTERET
:MIDDLESEX COUNTY. NEW JERSEY
RESOLUTION - BOARD OF EDUCATION 1007-08 SCHOOL BUDGET
vVHEll.EAS, the legal voters of the School District of the Borough of
Carteret, in the County of Middlesex and State of New Jersey, at an Annual District
Election Meeting conducted by the Board of Education on April!?, 2007, defeated,
disapprm:,ed and rejected thli!. Budget of the said Board of Education for the School
Year2007~08 of those voting; and
WHEREAS, as a result of such rejection of said Budget, the legal obligation
devolved upon the Governing Body of the Borough of Carteret pursuant to Revised
Statute 18:22-37 to certify to the Middlesex County Board of Taxation the amount or
amoUllts which it determines necessary to providt; a thorough an.d efficient system
of schools of said district for the school year beginniilg July 1, 2007 and ending June
30,2008; and
'\-"HEREAS, the ':,oters rejected the following:
1.
General Fund Ta,,< Levy
$23,945,523.00
\NHEREAS, the Mayor and Borough Council of the Borough of Carteret,
Middlesex County, after considering and reviewing the budget of the Board of
Education as originally proposed is of the opinion that said budget, item 1 above,
should be reduced by ~750,OOO.OO, as Detailed on Appendix" A", and that the
amounts included in this section in their resolution are deemed to provide a
thorough and efficient system of school and education in said district for the school
year 2007-08;
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Borough
Council of the Borough of Carteret, County of Middlesex, State of New Jersey, that
the Carteret Borough Board of Education Budget Tax for the 2007-08 School Year be
reduced as follows:
A.
General Fund Ta,,< Levy
$750.000.00
DE IT FURTHER R~OLVED that the following amounts are required to
provide a thorough and efficient system of 5chool and education in the district for
School Fiscal Year 2007-08 and that the following total SUI11S are to be raised by
taxes to support the 2007-08 Budget
GENERAL FUND
DEBT SERVICE
$23,195,523.00
$1,314,183.00
BE IT FURTHER RESOLVED by the I\Jayor and Borough Council of the
Borough of Carteret that the attached detailed sheet of taxes for the 2007-08 Board
of Education Budget and the 2007 Ta"( Levy are required; and
BE IT FURTHER RESOLVED fhat certified copies of this resolution be
delivered to the Middlesex County Board of Taxation and the Carteret- Borough
Board of Education; and
BE IT FURTHER RESOLVED that attached Appendix" A" hereto is a list of
accounts and proposed additions and reductions in said accounts, which list is
incorporated herein and made part hereof.
2007
NO.
07-147
PAGE 2 0 f 2
SCHEDULE OF TAX.. REQUIREl'vlENTS
1. General Fund
2. Debt Service Fund
3. Total Approved by
Mayor and Borough Council
4. Local District
School Levy for
2007-2008
AMOUNT REQillRED
FOR FISCAL YEAR
l , 2007-2008
$23,195,523.00
1,314,183.00
AMOUNT TO BE
INCLUDED IN
2007 TAX LEVY
$22.923.193.50
1,301.261.50
$24,509.106.00
$24,224.455.00
$24,509.706.00
$24.224;455.00
Adopted this 17th day of Hay, 2007
and certified as a true copy of the
original on May 18, 2007.
KATHLEEN H. BARNEY, RMC/CHC
Hunicipal Clerk
RECORD OF COUNCIL VOTE
CQUNCIU\IAN YES NO NV A,B. COUNCIL~IAN YES NO NV A.B.
BELLINO X NAPLES X
DIAZ . . X RIDS X
"."I1M X ST'I'H? X
X-Indicate Vote AB~Absent NV-NotVoting XOR - Indkatcs Vote 10 Overrule Velo
Adopted at a meeting of the l'vfunicipal Council ~HaY 17, 2007 .
, \ - )fttr_~u
APPENDIX A
CARTERETBOARD OF EDUCATION
CARTERET. NEW JERSEY
( 2007-2008 BUDGET REVISIONS
REVENUES-ADDITIONAL AMOUNT
10-303
BUDGETED FUNU BALANCE - GENERAL FUND
APPROPRlATION OF ADDITIONAL GENERAL FUND
SURPLUS PROJECTED AS AT JUNE 30, 2007. (REPROJECTION)
*INCLUDING 06/07 EXTRAORDINARY AID &
ADDITIONAL UNEXPENDED APPROPRlATIONS.
REMAINING ESTIIYlATED BALANCE AT2% REQUIREMENT. $ 530,000
TOTAL REVENUES-ADDITIONAL $ 530,000
APPROPRIATIONS - DECREASE
11-130-100-101
REGULAR PROGRAMS - INSTRUCTION
GRADES 6-8 - SALARIES OF TEACHERS $ t09,250
RETtRING TEACHER 07/08 SALARY DUPLICATED
PER LIST PROVIDED. REPLACEMENT BUDGETED.
11-000-230-
UNDISTRIBUTED EXPENDITURES - SUPP. SERVo - GENERAL ADMIN.
610 - GENERAL SUPPLIES $ 15,000
EXCESS APPROPRIATION BASED UPON 2006-07
PROJECTED ACTUAL, PLUS PROJECTED INCREASE.
11-000-240-
UNDISTRIBUTED EXPENDITURES - SUPP. SERVE. - SCHOOL ADMIN.
600 - SUPPLIES AND MATERIALS $ 5,000
800 - OTHER OBJECTS $ 7,500
EXCESS APPROPRIATION BASED UPON 2006-07
PROJECTED ACTUAL, PLUS PROJECTED INCREASE.
11-000-261-
UNDIST. EXPEND. - REQUIRED MAINT. FOR SCHOOL
100 - SALARIES SUBSTITUTES $ 20,000
420 - CLEAN, REPAffi & ~lAINT. $ 125,250
EXCESS APPROPRlATION BASED UPON 2006-07
PROJECTED ACTUAL, PLUS PROJECTED INCREASE.
11-000-262-
UNDIST. EXPEND. - OTHER OPER. & MAINT. OF PLANT
100 - SUMMER WORI( $ 15,000
420 - CLEANING, REPAIR, AND ~lAINTENANCE SERVICES $ 30,000
490 - OTHER PURCHASED PROPERTY SERVICES $ 25,000
610 - GENERAL SUPPLIES $ 35,000
EXCESS APPROPRIATtON BASED UPON 2006-07
PROJECTED ACTUAL, PLUS PROJECTED INCREASE.
Page I of2
CARTERET BOARD OF EDUCATION
CARTERET. NE\V JERSEY
2007-2008 BUDGET REVISIONS
11-000-270-
UNDIST. EXPEND. - STUDENT TRANSPORTATION
503 - AID IN LIEU PAYMENTS
EXCESS APPROPRIAT[ON BASED UPON 2006-07
PROJECTED ACTUAL, PLUS PROJECTED INCREASE.
11-000-291-270
UNALLOC. BENEFITS - EMPLOYEE BENEFITS-
HEALTH BENEFITS
EXCESS APPROPRIATION BASED UPON 2006-07
PROJECTED ACTUAL, PLUS PROJECTED INCREASE.
11-000-262
UNDIST. EXPEND. - OTHER OPER. & MAINT, OF PLANT
420 - CLEAN, REPAIR & MAINT.
REPROGRAM $200,000 TOWARDS SCHOOL SECURITY MEASURES.
CAPITAL OUTLAY
12-000-400-450
FACILITillS ACQUISITION AND CONSTRUCTION SERVICES
REPROGRAM $180,000 TOWARDS MINUE SCHOOL CLEANUP (SOIL).
TOTAL APPROPRIATIONS - DECREASE
GRAND TOTAL - REDUCTION GENERAL FUND LEVY
Page 2 of2
APPENDIX A
$
32,000
$
t8I,000
$
(200,000)
(180,000)
$
220,000
$
750,000