New London  Board of Education
FISCAL YEAR 2008-2009
PROPOSED BUDGET  FEBRUARY 28 2008 
SUMMARY - BY OBJECT CODE
 FY 2008   FY 2009  PERCENT
OBJECT ACCOUNT DESCRIPTION  ADOPTED   PROPOSED  CHANGE
CODE
NEW INITIATIVES  $                   -  $         140,374
100 SALARIES  $    21,960,561  $    22,838,890 4.00%
200 FRINGE BENEFITS  $      5,839,751  $      5,982,347 2.44%
300 CONTRACTED SERVICES/ INSTRUCTION  $      1,120,990  $      1,310,683 16.92%
340 OTHER PROFESSIONAL SERVICES  $      1,223,140  $      1,195,658 -2.25%
400 CLEANING, REPAIR & MAINTENANCE  $         213,520  $         219,620 2.86%
440 RENTALS - MODULAR BUILDINGS & COPIERS  $         189,190  $         217,290 14.85%
510 PUPIL TRANSPORTATION  $      1,742,500  $      1,988,180 14.10%
520 PROPERTY LIABILITY FIRE INSURANCE  $         312,000  $         339,010 8.66%
& LIABILITY INSURANCE SPORTS
530 COMMUNICATION SERVICES  $         341,040  $         352,370 3.32%
      TELEPHONE, POSTAGE, ADVERTISING, PRINTING
560 TUITION  $      2,640,900  $      2,699,570 2.22%
580 OTHER TRANSPORTATION  $           30,120  $           34,230 13.65%
590 INTERAGENCY SERVICES -   $           97,900  $         106,800 9.09%
SCHOOL RESOURCE OFFICER
600 SUPPLIES & MATERIALS  $      1,239,359  $      1,243,134 0.30%
620 UTILITIES  $      1,579,720  $      1,852,940 17.30%
   ELECTRICITY, NATURAL GAS, OIL, GAS, WATER
700 EQUIPMENT -  NEW & REPLACEMENT  $         148,865  $         165,890 11.44%
810 DUES, FEES & OTHER OBJECTS  $           29,170  $           28,750 -1.44%
     
TOTAL  $  38,708,726  $  40,715,736 5.18%
38708726
40715736
 Proposed Budget - Page 1