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User Friendly Budgets
2008

SOMERSET - FRANKLIN TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time6,5446,7806,912
Pupils on Roll Regular Shared-Time2000
Pupils on Roll Reg Accr. Adult High Sch575757
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Pupils on Roll - Special Full-Time818871904
Pupils on Roll - Special Shared-Time500
Private School Placements153148155
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Pupils Sent to Other Districts-Reg Prog132042
Pupils Sent to Other Dists-Spec Ed Prog707079
Pupils Received736
Pupils in State Facilities231717

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 4,991,710 4,991,710
Withdrawal from Cap Res-for Local Share 10-307 0 123,550 0
Transfers from Other Funds 10-5200 42,582 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 96,893,929 100,491,900 103,710,205
Transportation Fees from Other LEAs 10-1420-1440 1,652 0 6,950
Interest Earned on Capital Reserve Funds 10-1XXX 96,206 50,000 8,000
Unrestricted Miscellaneous Revenues 10-1XXX 1,035,793 900,000 900,000
SUBTOTAL  98,027,580 101,441,900 104,625,155
Revenues from State Sources:
Transportation Aid 10-3120 2,315,523 2,315,523 0
Special Education Aid 10-3130 4,750,821 4,750,821 0
Bilingual Education 10-3140 342,798 342,798 0
Extraordinary Aid 10-3131 491,710 0 731,045
Consolidated Aid 10-3195 760,689 760,689 0
Additional Formula Aid 10-3196 372,762 766,667 0
Other State Aids 10-3XXX 1,007,711 1,007,711 63,054
Categorical Special Education Aid 10-3132 0 0 4,410,257
Equalization Aid 10-3176 0 0 7,011,901
Categorical Security Aid 10-3177 0 0 1,183,353
Categorical Transportation Aid 10-3121 0 0 2,793,284
SUBTOTAL  10,042,014 9,944,209 16,192,894
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 0 0 125,000
SUBTOTAL  0 0 125,000
Adjustment for Prior Year Encumbrances  0 611,799 0
Actual Revenues (Over)/Under Expenditures  -1,782,437 0 0
TOTAL OPERATING BUDGET  106,329,739 117,113,168 125,934,759
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 60,097 39,200 29,400
Revenues from State Sources:
Early Childhood Program Aid - Pr Year Carryover 20-3211 155,027 0 0
Demonstrably Effect Prog Aid - Pr Year Carryover 20-3212 7,927 5,020 0
Early Childhood Program Aid 20-3211 3,206,716 3,297,831 0
Demonstrably Effective Program Aid 20-3212 951,266 957,725 0
Preschool Education Aid 20-3218 0 0 961,719
Other Restricted Entitlements 20-32XX 511,473 1,555,475 443,984
TOTAL REVENUES FROM STATE SOURCES  4,832,409 5,816,051 1,405,703
Revenues from Federal Sources:
Title I 20-4411-4416 1,041,444 859,963 644,973
I.D.E.A. Part B (Handicapped) 20-4420-4429 1,720,578 2,185,733 1,639,300
Other 20-4XXX 371,108 655,519 491,640
TOTAL REVENUES FROM FEDERAL SOURCES  3,133,130 3,701,215 2,775,913
TOTAL GRANTS AND ENTITLEMENTS  8,025,636 9,556,466 4,211,016
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 30,000 11,686
Revenues from Local Sources:
Local Tax Levy 40-1210 5,591,169 5,540,618 5,555,972
Miscellaneous 40-1XXX 249,140 0 0
TOTAL REVENUES FROM LOCAL SOURCES  5,840,309 5,540,618 5,555,972
TOTAL LOCAL REPAYMENT OF DEBT  5,840,309 5,570,618 5,567,658
Actual Revenues (Over)/Under Expenditures  -41,686 0 0
TOTAL REPAYMENT OF DEBT  5,798,623 5,570,618 5,567,658
TOTAL REVENUES/SOURCES  120,153,998 132,240,252 135,713,433

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX28,365,53330,435,95434,183,644
Special Education 11-2XX-100-XXX6,783,6327,571,0388,203,014
Basic Skills/Remedial 11-230-100-XXX1,197,0891,559,7481,950,023
Bilingual Education 11-240-100-XXX1,033,2311,147,5841,260,119
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX352,792416,585463,485
School Sponsored Athletics 11-402-100-XXX701,590823,684848,154
Support Services:
Tuition 11-000-100-XXX11,503,56213,733,91313,365,803
Attendance and Social Work Services 11-000-211-XXX34,21432,54133,474
Health Services 11-000-213-XXX1,254,3721,402,0781,330,257
Students - Related & Extraordinary 11-000-216,2171,119,4741,366,1071,456,789
Guidance 11-000-218-XXX1,779,0302,039,5312,238,523
Child Study Teams 11-000-219-XXX2,522,0822,732,8092,997,355
Improvement of Instructional Services 11-000-221-XXX1,942,1432,114,8962,269,764
Educational Media Services - School Library 11-000-222-XXX951,6161,013,4071,011,886
Instructional Staff Training Services 11-000-223-XXX44,806167,012638,383
General Administration 11-000-230-XXX1,836,5562,048,0401,697,682
School Administration 11-000-240-XXX4,052,6064,139,3774,156,494
Central Svcs & Admin Info Technology 11-000-25X-XXX1,924,1862,132,9592,237,054
Operation and Maintenance of Plant Services 11-000-26X-XXX11,144,84412,464,31813,101,859
Student Transportation Services 11-000-270-XXX10,787,50511,198,64411,666,345
Personal Services - Employee Benefits 11-XXX-XXX-2XX15,879,39317,160,97918,793,288
Total Support Services Expenditures 66,776,38973,746,61176,994,956
TOTAL GENERAL CURRENT EXPENSE 105,210,256115,701,204123,903,395
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604050,0008,000
Equipment 12-XXX-XXX-73X293,08751,221313,577
Facilities Acquisition and Construction Services 12-000-4XX-XXX79,43841,82432,705
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-9310123,5500
TOTAL CAPITAL EXPENDITURES 372,525266,595354,282
SPECIAL SCHOOLS
Accredited Evening/Adult High School/Post-Graduate:
Instruction 13-601-100-XXX105,165113,213107,274
Support Services 13-601-200-XXX2885,0005,250
Total Accredited Evening/Adult HS/Post-Grad. 105,453118,213112,524
Evening School for the Foreign Born - Local:
Instruction 13-631-100-XXX15,90622,50021,840
Total Evening School for Foreign-Born - Local 15,90622,50021,840
TOTAL SPECIAL SCHOOLS 121,359140,713134,364
Transfer of Funds to Charter Schools 10-000-100-56X625,5991,004,6561,542,718
OPERATING BUDGET GRAND TOTAL 106,329,739117,113,168125,934,759
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX60,09739,20029,400
Early Childhood Program Aid:
Instruction 20-211-100-XXX2,519,4372,335,108773,001
Support Services 20-211-200-XXX838,157959,181188,718
Contribution to Charter Schools 20-211-100-56X4,1493,5420
TOTAL EARLY CHILDHOOD PROGRAM AID 3,361,7433,297,831961,719
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX763,645760,4320
Support Services 20-212-200-XXX178,054181,3850
Contribution to Charter Schools 20-212-100-56X17,49420,9280
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 959,193962,7450
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX82,15381,87961,410
Nonpublic Auxiliary Services 20-XXX-XXX-XXX50,58745,78534,339
Nonpublic Handicapped Services 20-XXX-XXX-XXX202,738273,723205,293
Nonpublic Nursing Services 20-XXX-XXX-XXX106,698113,09884,824
Nonpublic Technology Initiative 20-XXX-XXX-XXX58,88058,60043,950
Other Special Projects 20-XXX-XXX-XXX10,417982,39014,168
Total State Projects 4,832,4095,816,0511,405,703
Federal Projects:
Title I 20-XXX-XXX-XXX1,041,444859,963644,973
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX1,720,5782,185,7331,639,300
Other Special Projects 20-XXX-XXX-XXX371,108655,519491,640
Total Federal Projects 3,133,1303,701,2152,775,913
TOTAL GRANTS AND ENTITLEMENTS 8,025,6369,556,4664,211,016
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX5,798,6235,570,6185,567,658
TOTAL REPAYMENT OF DEBT 5,798,6235,570,6185,567,658
Total Expenditures 120,153,998132,240,252135,713,433

 

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 Budget2,648,6975,090,0353,844,5282,330,027
  Repayment of Debt041,68611,6860
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve987,6101,083,8161,010,2661,018,266
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve6,650,6586,138,2303,477,2090
      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 Cost11,33112,01812,65012,54112,960
Total Classroom Instruction6,4777,0317,4017,2807,559
Classroom-Salaries and Benefits6,1736,7267,0896,9167,251
Classroom-General Supplies and Textbooks266243232277220
Classroom-Purchased Services and Other3962808788
Total Support Services1,6051,6971,7761,8181,916
Support Services-Salaries and Benefits1,5001,5581,5971,6011,695
Total Administrative Costs1,2391,3081,3081,3041,285
Administration-Salaries and Benefits9931,0901,1031,0901,104
Total Operations and Maintenance of Plant1,8191,7691,9221,8971,952
Operations & Maintenance of Plant-Salary & Ben.1,0601,0981,2011,1571,181
Total Food Services Costs00000
Total Extracurricular Costs153174197196205
Total Equipment Costs61402741
Employee Benefits as a % of Salaries25.526.928.327.327

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 DISTRICT PARTICIPATES IN A VARIETY OF SHARED SERVICES WITH SEVERAL
  • DIFFERENT ORGANIZATIONS. SOME EXAMPLES ARE:
  • -FRANKLIN TOWNSHIP: PERSONNEL FOR VEHICLE MAINTENANCE, SECURITY/POLICE
  • SERVICES(RESOURCE OFFICERS). NATURAL RESOURCE FOR
  • FUELING OF VEHICLES. PROPERTY/LAND FOR THE DISTRICTS
  • ENVIROMENTAL CENTER.
  • -FRANKLIN TOWNSHIP SEWERAGE AUTHORITY: MAINTENANCE FOR THE PUMPING
  • STATION AT THE HIGH SCHOOL.
  • -VARIOUS BOE'S IN STATE: PARTICIPATION IN THE ACT PROGRAM FOR
  • TELECOMMUNICATIONS. PARTICIPATION IN THE ACES
  • PROGRAM FOR ELECTRIC AND NATURAL GAS. PARTICIPA
  • TION WITH SEVERAL COUNTY EDUCATIONAL COMMISSIONS
  • FOR SPECIALIZED TRANSPORTATION, NON-PUBLIC SER-
  • VICES, AND SUPPLIES AND MATERIALS.
  • -US GOVERNMENT: PERSONNEL FOR PROVIDING INSTRUCTIONAL JROTC PROGRAM.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy103,710,205 (A)
Estimated Net Taxable Valuation (as of 01/28/2008)8,852,101,050 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.1716 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy109,266,177 (D)
Estimated Net Taxable Valuation (as of 01/28/2008)8,852,101,050 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.2344 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy103,710,205 (G)
Estimated Equalized Valuation (as of 10/01/2007)8,993,072,290 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1001.1532 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy109,266,177 (J)
Estimated Equalized Valuation (as of 10/01/2007)8,993,072,290 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.2150 (L)