Middletown Board of Education
2002-2003 School Budget - Final
					2001-2		2002-3
				Budget	Revised Budget	2001-2	Base Budget	Dollar Change	Percent Change
			Category	Account Code	Through 2/28/02	Estimated	Proposed	vs. Budgeted	vs. Budgeted
Expenses
General Fund:
	Current Expense:
		Instruction		11-1XX-100-XXX-XX-XXX	39,009,610	39,009,610	40,063,157	1,053,547	2.7%
		Special Education		11-2XX-XXX-XXX-XX-XXX	8,638,752	8,638,752	9,329,538	690,786	8.0%
		Basic Skills		11-230-100-XXX-XX-XXX	945,536	945,536	919,283	(26,253)	-2.8%
		Co-Curricular		11-401-XXX-XXX-XX-XXX	406,086	406,086	411,000	4,914	1.2%
		Athletics		11-402-XXX-XXX-XX-XXX	1,053,412	1,053,412	1,059,218	5,806	0.6%
		Undistributed:
			Tuition	11-000-100-XXX-XX-XXX	4,618,985	4,618,985	5,674,404	1,055,419	22.8%
			Attendance	11-000-211-XXX-XX-XXX	36,860	36,860	38,290	1,430	3.9%
			Health Services	11-000-213-XXX-XX-XXX	1,317,568	1,317,568	1,352,061	34,493	2.6%
			Speech Services	11-000-216-XXX-XX-XXX	839,585	839,585	876,161	36,576	4.4%
			Guidance	11-000-218-XXX-XX-XXX	2,225,792	2,225,792	2,310,881	85,089	3.8%
			Child Study Team	11-000-219-XXX-XX-XXX	2,309,269	2,309,269	2,376,290	67,021	2.9%
			Supervision of Instr.	11-000-221-XXX-XX-XXX	375,828	375,828	397,070	21,242	5.7%
			Library/Media	11-000-222-XXX-XX-XXX	446,267	446,267	719,912	273,645	61.3%
			Staff Training/Curric.	11-000-223-XXX-XX-XXX	241,500	241,500	287,500	46,000	19.0%
			General Admin.	11-000-230-XXX-XX-XXX	2,148,993	2,148,993	2,175,366	26,373	1.2%
			School Admin.	11-000-240-XXX-XX-XXX	4,657,690	4,657,690	4,807,550	149,860	3.2%
			Operations/Maint.	11-000-26X-XXX-XX-XXX	10,050,309	10,050,309	10,396,472	346,163	3.4%
			Transportation	11-000-270-XXX-XX-XXX	7,623,704	7,623,704	8,059,505	435,801	5.7%
			Business Services	11-000-290-XXX-XX-XXX	1,644,973	1,644,973	1,609,235	(35,738)	-2.2%
			Unallocated Benefits	11-000-291-XXX-XX-XXX	12,216,743	12,216,743	13,364,439	1,147,696	9.4%
			Subtotal Undistributed		50,754,066	50,754,066	54,445,136	3,691,070	7.3%
			Total Current Expense		100,807,462	100,807,462	106,227,332	5,419,870	5.4%
	Capital Outlay:
		Equipment		12-XXX-73X-XXX-XX-XXX	297,668	297,668	419,500	121,832	40.9%
		Facilities		12-000-400-XXX-XX-XXX	3,000,347	3,000,347	4,104,278	1,103,931	36.8%
			Subtotal Capital Outlay		3,298,015	3,298,015	4,523,778	1,225,763	37.2%
	Transfers to Charter Schools			10-XXX-XXX-XXX-XX-XXX	20,000	20,000	30,000	10,000	50.0%
	Transfers to Capital Reserve (per EFCFA)  10-604				200,000	200,000	-	(200,000)	-100.0%
			Total General Fund		104,325,477	104,325,477	110,781,110	6,455,633	6.2%
							110,781,110	cap
		General fund original budget					-	under/(over)
Special Revenue
	Federal Programs			20-XXX-XXX-XXX-XX-XXX	2,538,537	2,538,537	2,033,547	(504,990)	-19.9%
	State Programs			20-XXX-XXX-XXX-XX-XXX	1,364,925	1,364,925	1,364,925	-	0.0%
	Local Programs			20-XXX-XXX-XXX-XX-XXX	143,214	143,214	143,214	-	0.0%
			Total Special Revenue		4,046,676	4,046,676	3,541,686	(504,990)	-12.5%
Debt Service
	Interest			40-701-510-834-00-000	3,616,508	3,616,508	3,765,679	149,171	4.1%
	Principal			40-701-510-910-00-000	1,475,000	1,475,000	1,398,000	(77,000)	-5.2%
			Total Debt Service		5,091,508	5,091,508	5,163,679	72,171	1.4%
			Total Budget		113,463,661	113,463,661	119,486,475	6,022,814	5.3%
Revenues (Gen/Spec Rev)
General Fund:
	Fund Balance Appropriated				775,000	775,000	775,000	-	0.0%
	Miscellaneous				1,050,000	1,050,000	1,050,000	-	0.0%
	State Aid:
		Transportation Aid			3,127,720	3,127,720	3,127,720	-	0.0%
		Special Ed Aid			6,481,044	6,481,044	6,481,044	-	0.0%
		Bilingual Ed Aid			51,392	51,392	65,192	13,800	26.9%
		Stabilization Aid			6,627,266	6,627,266	6,709,865	82,599	1.2%
		Supp Stabilization Aid			1,250,000	1,250,000	1,250,000	-	0.0%
		Aid for Adult and Post Grad			46,176	46,176	53,276	7,100	15.4%
		Academic Achiev Award			140,262	140,262	140,262	-	0.0%
		Grants in accordance with EFCFA			1,750,000	1,750,000	872,823	(877,177)	-50.1%
			Subtotal State Aid		19,473,860	19,473,860	18,700,182	(773,678)	-4.0%
			Subtotal General Fund		21,298,860	21,298,860	20,525,182	(773,678)	-3.6%
Special Revenue:
	State Grants:
		Distance Learning Aid			461,674	461,674	461,674	-	0.0%
		Non-public Textbook			165,212	165,212	165,212	-	0.0%
		Non-public Nursing			201,012	201,012	201,012	-	0.0%
		Non-public Technology			116,720	116,720	116,720	-	0.0%
		Non-public Aux (Chp 192)			139,838	139,838	139,838	-	0.0%
		Non-public Handi (Chp 193)			280,469	280,469	280,469	-	0.0%
			Subtotal State Grants		1,364,925	1,364,925	1,364,925	-	0.0%
	Federal Grants:
		Title I			448,639	448,639	381,343	(67,296)	-15.0%
		Title II			43,223	43,223	36,740	(6,483)	-15.0%
		Title IV			95,129	95,129	80,859	(14,270)	-15.0%
		Title VI			53,552	53,552	45,519	(8,033)	-15.0%
		IDEA			1,751,866	1,751,866	1,489,086	(262,780)	-15.0%
		Class Size Reduction			146,128	146,128	-	(146,128)	-100.0%
			Subtotal Federal Grants		2,538,537	2,538,537	2,033,547	(504,990)	-19.9%
	Local:
		Hockey in Middletown			62,214	62,214	62,214	-	0.0%
		Coca-Cola (Athletic Facilities Upgrades)			81,000	81,000	81,000	-	0.0%
			Subtotal Local Grants		143,214	143,214	143,214	-	0.0%
			Subtotal Special Revenue		4,046,676	4,046,676	3,541,686	(504,990)	-12.5%
			Subtotal All Gen/Spec Rev Aid		25,345,536	25,345,536	24,066,868	(1,278,668)	-5.0%
General Expense and Special Rev					108,372,153	108,372,153	114,322,796	5,950,643	5.5%
General to be raised by taxation					83,026,617		90,255,928	7,229,311
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