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User Friendly Budgets
2008

HUNTERDON - FRENCHTOWN BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time121126130
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Pupils on Roll - Special Full-Time202020
spacing
Pupils Sent to Other Dists-Spec Ed Prog011
Pupils Received161519

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 98,399 54,440 0
Revenues from Local Sources:
Local Tax Levy 10-1210 1,352,227 1,423,722 1,494,908
Other Local Governmental Units - Unrestricted 10-12XX 64,948 76,462 0
Other Local Governmental Units - Restricted 10-12XX 0 0 152,708
Tuition 10-1300 60,660 34,000 58,000
Interest Earned on Capital Reserve Funds 10-1XXX 4,704 1,000 1,000
Unrestricted Miscellaneous Revenues 10-1XXX 17,559 58,000 15,300
SUBTOTAL  1,500,098 1,593,184 1,721,916
Revenues from State Sources:
Transportation Aid 10-3120 1,983 1,983 0
Special Education Aid 10-3130 47,935 47,935 0
Bilingual Education 10-3140 2,336 2,336 0
Stabilization Aid 10-3171 531,438 531,438 0
Consolidated Aid 10-3195 12,508 12,508 0
Additional Formula Aid 10-3196 17,953 36,445 0
Other State Aids 10-3XXX 1,044 2,062 0
Categorical Special Education Aid 10-3132 0 0 72,079
Equalization Aid 10-3176 0 0 308,831
Categorical Security Aid 10-3177 0 0 11,199
Adjustment Aid 10-3178 0 0 253,551
Categorical Transportation Aid 10-3121 0 0 4,017
SUBTOTAL  615,197 634,707 649,677
Adjustment for Prior Year Encumbrances  0 12,049 0
Actual Revenues (Over)/Under Expenditures  31,618 0 0
TOTAL OPERATING BUDGET  2,146,913 2,294,380 2,371,593
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 1,991 0 0
Revenues from State Sources:
Instructional Supplement Aid 20-3214 2,232 2,232 0
Other Restricted Entitlements 20-32XX 1,600 0 0
TOTAL REVENUES FROM STATE SOURCES  3,832 2,232 0
Revenues from Federal Sources:
Title I 20-4411-4416 11,409 9,698 6,306
I.D.E.A. Part B (Handicapped) 20-4420-4429 34,016 28,913 29,191
Other 20-4XXX 38,099 24,272 22,946
TOTAL REVENUES FROM FEDERAL SOURCES  83,524 62,883 58,443
TOTAL GRANTS AND ENTITLEMENTS  89,347 65,115 58,443
REPAYMENT OF DEBT
Transfers from Other Funds 40-5200 507 0 0
Revenues from Local Sources:
Local Tax Levy 40-1210 141,523 142,361 137,967
TOTAL REVENUES FROM LOCAL SOURCES  141,523 142,361 137,967
TOTAL LOCAL REPAYMENT OF DEBT  142,030 142,361 137,967
Actual Revenues (Over)/Under Expenditures  463 0 0
TOTAL REPAYMENT OF DEBT  142,493 142,361 137,967
TOTAL REVENUES/SOURCES  2,378,753 2,501,856 2,568,003

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX906,450927,665950,005
Special Education 11-2XX-100-XXX188,000223,265249,930
Basic Skills/Remedial 11-230-100-XXX15,34929,47538,998
Bilingual Education 11-240-100-XXX2,34000
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX11,36312,2458,759
School Sponsored Athletics 11-402-100-XXX16,20517,50314,445
Support Services:
Tuition 11-000-100-XXX8,30633,58422,239
Health Services 11-000-213-XXX48,05451,35050,270
Students - Related & Extraordinary 11-000-216,21772,91260,75875,685
Guidance 11-000-218-XXX16,91817,85817,780
Child Study Teams 11-000-219-XXX98,127105,843108,744
Educational Media Services - School Library 11-000-222-XXX42,23246,56249,067
Instructional Staff Training Services 11-000-223-XXX3741,0006,851
General Administration 11-000-230-XXX72,47769,53174,947
School Administration 11-000-240-XXX55,44659,94061,001
Central Svcs & Admin Info Technology 11-000-25X-XXX56,95157,27758,991
Operation and Maintenance of Plant Services 11-000-26X-XXX203,510211,407216,047
Student Transportation Services 11-000-270-XXX19,59636,19545,186
Personal Services - Employee Benefits 11-XXX-XXX-2XX297,199318,422312,990
Food Services 11-000-310-XXX10,40013,5008,658
Total Support Services Expenditures 1,002,5021,083,2271,108,456
TOTAL GENERAL CURRENT EXPENSE 2,142,2092,293,3802,370,593
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-6044,70400
Interest Earned on Capital Reserve 10-60401,0001,000
TOTAL CAPITAL EXPENDITURES 4,7041,0001,000
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 2,146,9132,294,3802,371,593
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX1,99100
Instructional Supplement Aid:
Instruction 20-214-100-XXX2,2322,2320
TOTAL INSTRUCTIONAL SUPPLEMENT AID 2,2322,2320
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX1,60000
Total State Projects 3,8322,2320
Federal Projects:
Title I 20-XXX-XXX-XXX11,4099,6986,306
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX34,01628,91329,191
Other Special Projects 20-XXX-XXX-XXX38,09924,27222,946
Total Federal Projects 83,52462,88358,443
TOTAL GRANTS AND ENTITLEMENTS 89,34765,11558,443
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX142,493142,361137,967
TOTAL REPAYMENT OF DEBT 142,493142,361137,967
Total Expenditures 2,378,7532,501,8562,568,003

 

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 Budget100,924196,291196,291196,291
  Repayment of Debt5,2744,81100
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve95,27699,980100,980101,980
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve152,83954,44000
      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 Cost16,17415,26915,77515,24215,323
Total Classroom Instruction10,0949,4059,8149,5889,735
Classroom-Salaries and Benefits9,6158,7259,3619,1119,250
Classroom-General Supplies and Textbooks306513223253305
Classroom-Purchased Services and Other173168229224180
Total Support Services2,3782,4542,4202,3382,360
Support Services-Salaries and Benefits1,9632,1682,1152,0092,126
Total Administrative Costs1,6091,4701,4071,3941,393
Administration-Salaries and Benefits1,2801,1791,1611,1571,168
Total Operations and Maintenance of Plant1,8091,6661,8251,6271,622
Operations & Maintenance of Plant-Salary & Ben.730740741733679
Total Food Services Costs10075949258
Total Extracurricular Costs184199215204155
Total Equipment Costs00000
Employee Benefits as a % of Salaries18.219.820.919.818.4

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.

 

Shared Services
  • The Frenchtown School Distirct participates in the following shared
  • services:
  • Milford BOE - Share Business Administrator, Computer Teacher, Music
  • Teacher, World Language Teacher, Speech Pathologist, Food Service and
  • transportation. We are discussing possible shares in Sports and
  • physical education.
  • West Amwell BOE, South Hunterdon BOE, Stockton BOE, Lambertville BOE,
  • Milford BOE - share curriculum program
  • Competitive bidding with the HCESC, ACT and ACES.
  • Milford BOE- Shared Assemblies, School events, Band

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,494,908 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)149,049,848 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.0030 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,632,875 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)149,049,848 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.0955 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,494,908 (G)
Estimated Equalized Valuation (as of 10/01/2007)189,878,132 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.7873 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,632,875 (J)
Estimated Equalized Valuation (as of 10/01/2007)189,878,132 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.8600 (L)