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User Friendly Budgets
2008

HUNTERDON - FRANKLIN TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time319308326
spacing
Pupils on Roll - Special Full-Time323737
Private School Placements333
spacing
Pupils Sent to Contracted Preschool Prog110
Pupils Sent to Other Dists-Spec Ed Prog769

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 25,400 43,043 166,595
Revenues from Local Sources:
Local Tax Levy 10-1210 4,781,071 4,744,466 4,934,245
Unrestricted Miscellaneous Revenues 10-1XXX 36,378 155,000 52,000
SUBTOTAL  4,817,449 4,899,466 4,986,245
Revenues from State Sources:
Transportation Aid 10-3120 93,188 93,188 0
Special Education Aid 10-3130 201,241 201,241 0
Bilingual Education 10-3140 2,318 2,318 0
Extraordinary Aid 10-3131 8,385 0 14,689
Consolidated Aid 10-3195 44,107 44,107 0
Additional Formula Aid 10-3196 10,226 20,758 0
Other State Aids 10-3XXX 4,640 0 0
Categorical Special Education Aid 10-3132 0 0 177,489
Categorical Security Aid 10-3177 0 0 23,538
Adjustment Aid 10-3178 0 0 57,709
Categorical Transportation Aid 10-3121 0 0 108,153
SUBTOTAL  364,105 361,612 381,578
Adjustment for Prior Year Encumbrances  0 38,392 0
Actual Revenues (Over)/Under Expenditures  -157,068 0 0
TOTAL OPERATING BUDGET  5,024,486 5,342,513 5,534,418
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 45,864 15,000 15,000
TOTAL REVENUES FROM STATE SOURCES  45,864 15,000 15,000
Revenues from Federal Sources:
Title I 20-4411-4416 7,599 0 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 88,424 87,366 80,000
Other 20-4XXX 24,616 41,547 35,000
TOTAL REVENUES FROM FEDERAL SOURCES  120,639 128,913 115,000
TOTAL GRANTS AND ENTITLEMENTS  166,503 143,913 130,000
REPAYMENT OF DEBT
Transfers from Other Funds 40-5200 0 0 372,213
Revenues from Local Sources:
Local Tax Levy 40-1210 417,429 463,929 186,466
TOTAL REVENUES FROM LOCAL SOURCES  417,429 463,929 186,466
TOTAL LOCAL REPAYMENT OF DEBT  417,429 463,929 558,679
TOTAL REPAYMENT OF DEBT  417,429 463,929 558,679
TOTAL REVENUES/SOURCES  5,608,418 5,950,355 6,223,097

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX1,773,5411,820,6311,860,526
Special Education 11-2XX-100-XXX492,817561,389546,479
Basic Skills/Remedial 11-230-100-XXX124,79463,36286,694
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX16,54018,00016,500
School Sponsored Athletics 11-402-100-XXX1,2706,0006,000
Support Services:
Tuition 11-000-100-XXX265,444327,277327,367
Health Services 11-000-213-XXX46,67644,60854,378
Students - Related & Extraordinary 11-000-216,21781,35692,28573,508
Guidance 11-000-218-XXX43,80146,66849,398
Child Study Teams 11-000-219-XXX176,093201,085169,099
Improvement of Instructional Services 11-000-221-XXX37,44641,13881,740
Educational Media Services - School Library 11-000-222-XXX3,2773,2001,800
Instructional Staff Training Services 11-000-223-XXX3,7681,6001,600
General Administration 11-000-230-XXX277,822299,856306,647
School Administration 11-000-240-XXX91,97090,08242,933
Central Svcs & Admin Info Technology 11-000-25X-XXX131,212138,233140,820
Operation and Maintenance of Plant Services 11-000-26X-XXX467,274489,787606,968
Student Transportation Services 11-000-270-XXX398,657410,915426,428
Personal Services - Employee Benefits 11-XXX-XXX-2XX587,831686,397735,533
Total Support Services Expenditures 2,612,6272,873,1313,018,219
TOTAL GENERAL CURRENT EXPENSE 5,021,5895,342,5135,534,418
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X2,89700
TOTAL CAPITAL EXPENDITURES 2,89700
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 5,024,4865,342,5135,534,418
GRANTS AND ENTITLEMENTS
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX3,89500
Nonpublic Handicapped Services 20-XXX-XXX-XXX18,59000
Nonpublic Nursing Services 20-XXX-XXX-XXX11,8065,0005,000
Nonpublic Technology Initiative 20-XXX-XXX-XXX6,05710,00010,000
Other Special Projects 20-XXX-XXX-XXX5,51600
Total State Projects 45,86415,00015,000
Federal Projects:
Title I 20-XXX-XXX-XXX7,59900
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX88,42487,36680,000
Other Special Projects 20-XXX-XXX-XXX24,61641,54735,000
Total Federal Projects 120,639128,913115,000
TOTAL GRANTS AND ENTITLEMENTS 166,503143,913130,000
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX417,429463,929558,679
TOTAL REPAYMENT OF DEBT 417,429463,929558,679
Total Expenditures 5,608,4185,950,3556,223,097

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/06
Audited
Balance
6/30/07
Estimated
Balance
6/30/08
Estimated
Balance
6/30/09
Unreserved:
  General Operating Budget133,438263,025350,000250,000
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve1111
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve37,38196,61366,5950
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Reserved for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2005-06
Actual
2006-07
Actual
2007-08
Original
Budget
2007-08
Revised
Budget
2008-09
Proposed
Budget
Total Comparative Per Pupil Cost10,99712,35812,92013,34613,170
Total Classroom Instruction7,1268,0068,3308,5628,398
Classroom-Salaries and Benefits6,5927,5147,8277,9547,925
Classroom-General Supplies and Textbooks414371383483357
Classroom-Purchased Services and Other120121121125116
Total Support Services1,1791,3111,5211,5491,458
Support Services-Salaries and Benefits1,0011,1551,3361,3551,351
Total Administrative Costs1,4811,6651,6021,7451,580
Administration-Salaries and Benefits1,1991,3151,3101,3291,193
Total Operations and Maintenance of Plant1,1551,3251,3991,4201,672
Operations & Maintenance of Plant-Salary & Ben.00000
Total Food Services Costs00000
Total Extracurricular Costs5651697062
Total Equipment Costs168000
Employee Benefits as a % of Salaries22.619.922.922.923.9

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2008 Comparative Spending Guide and can be found on the Department of Education's Internet address: http://www.state.nj.us/education under Finance, when available. This publication is available in the board office and public libraries. The same calculations were performed using the 2007-08 revised appropriations and the 2008-09 budgeted appropriations presented in this advertised budget. Total Comparative Per Pupil Cost is defined as current expense exclusive of tuition expenditures, transportation, residential costs, and judgments against the school district. For all years it also includes the restricted entitlement aids. With the exception of Total Equipment Cost, each of the other per pupil cost calculations presented is a component of the total comparative per pupil cost, although all components are not shown.

 

Unusual Revenues and Appropriations
SourceAmountDescription
Interest earned on bond372,213 Money being used for tax relief in debt
Total Unusual Revenues372,213 

 

Shared Services
  • Purchase of fuel oil through a cooperative bid.
  • Purchase of school supplies through a cooperative bid.
  • Special education transportation - using local ESC
  • Regular education transportaton - using regional high school.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,934,245 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)547,311,702 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.9015 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy5,120,711 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)547,311,702 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.9356 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,934,245 (G)
Estimated Equalized Valuation (as of 10/01/2007)666,832,630 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.7400 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy5,120,711 (J)
Estimated Equalized Valuation (as of 10/01/2007)666,832,630 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.7679 (L)