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User Friendly Budgets
2008

SUSSEX - FRANKLIN BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time391393382
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Pupils on Roll - Special Full-Time989696
Private School Placements222
spacing
Pupils Received200

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 165,168 218,947
Budgeted Fund Bal - Deposit to Capital Reserve 10-303 0 0 105,000
Revenues from Local Sources:
Local Tax Levy 10-1210 3,852,608 3,906,712 4,062,980
Tuition 10-1300 28,081 11,000 5,000
Interest Earned on Capital Reserve Funds 10-1XXX 11,473 1,000 10,000
Other Restricted Miscellaneous Revenues 10-1XXX 0 2,000 2,000
Unrestricted Miscellaneous Revenues 10-1XXX 54,999 10,000 20,000
SUBTOTAL  3,947,161 3,930,712 4,099,980
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 1,701,980 1,701,980 0
Transportation Aid 10-3120 61,531 61,531 0
Special Education Aid 10-3130 369,538 369,538 0
Bilingual Education 10-3140 2,372 2,372 0
Stabilization Aid 10-3171 843,608 843,608 0
Extraordinary Aid 10-3131 3,092 0 0
Consolidated Aid 10-3195 57,681 57,681 0
Additional Formula Aid 10-3196 67,734 161,545 0
Other State Aids 10-3XXX 2,566 68,624 0
Categorical Special Education Aid 10-3132 0 0 226,785
Equalization Aid 10-3176 0 0 1,922,456
Categorical Security Aid 10-3177 0 0 46,000
Adjustment Aid 10-3178 0 0 1,165,878
Categorical Transportation Aid 10-3121 0 0 24,564
SUBTOTAL  3,110,102 3,266,879 3,385,683
Actual Revenues (Over)/Under Expenditures  -160,355 0 0
TOTAL OPERATING BUDGET  6,896,908 7,362,759 7,809,610
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Instructional Supplement Aid 20-3214 22,581 22,581 0
Other Restricted Entitlements 20-32XX 107,803 178,365 158,365
TOTAL REVENUES FROM STATE SOURCES  130,384 200,946 158,365
Revenues from Federal Sources:
Title I 20-4411-4416 66,025 48,884 48,884
I.D.E.A. Part B (Handicapped) 20-4420-4429 266,709 232,774 201,427
Other 20-4XXX 44,683 35,192 35,192
TOTAL REVENUES FROM FEDERAL SOURCES  377,417 316,850 285,503
TOTAL GRANTS AND ENTITLEMENTS  507,801 517,796 443,868
TOTAL REVENUES/SOURCES  7,404,709 7,880,555 8,253,478

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX2,192,1432,277,0082,383,061
Special Education 11-2XX-100-XXX921,0801,001,2991,048,117
Basic Skills/Remedial 11-230-100-XXX11,87915,12561,848
Bilingual Education 11-240-100-XXX21,7266,8227,081
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX26,04734,70835,494
School Sponsored Athletics 11-402-100-XXX32,71438,51339,944
Other Instructional Programs 11-4XX-100-XXX6,60210,8506,930
Support Services:
Tuition 11-000-100-XXX15,23838,70053,843
Health Services 11-000-213-XXX67,13872,68974,876
Students - Related & Extraordinary 11-000-216,217147,892161,260168,460
Guidance 11-000-218-XXX113,625120,166123,785
Child Study Teams 11-000-219-XXX279,640292,683307,149
Improvement of Instructional Services 11-000-221-XXX079,44782,751
Educational Media Services - School Library 11-000-222-XXX42,06947,51947,432
Instructional Staff Training Services 11-000-223-XXX17,28124,60024,600
General Administration 11-000-230-XXX291,541343,860328,708
School Administration 11-000-240-XXX204,082161,700157,866
Central Svcs & Admin Info Technology 11-000-25X-XXX186,805200,824195,830
Operation and Maintenance of Plant Services 11-000-26X-XXX852,923799,788833,572
Student Transportation Services 11-000-270-XXX143,485214,902219,000
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,250,6701,388,1961,445,513
Food Services 11-000-310-XXX13,500013,500
Total Support Services Expenditures 3,625,8893,946,3344,076,885
TOTAL GENERAL CURRENT EXPENSE 6,838,0807,330,6597,659,360
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-60400105,000
Interest Earned on Capital Reserve 10-60401,00010,000
Equipment 12-XXX-XXX-73X58,8286,5000
TOTAL CAPITAL EXPENDITURES 58,8287,500115,000
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X024,60035,250
OPERATING BUDGET GRAND TOTAL 6,896,9087,362,7597,809,610
GRANTS AND ENTITLEMENTS
Instructional Supplement Aid:
Instruction 20-214-100-XXX22,58122,5810
TOTAL INSTRUCTIONAL SUPPLEMENT AID 22,58122,5810
Other State Projects:
Instruction 20-217-100-XXX020,0000
TOTAL TARA USED TO SUPPORT PROGRAMS 020,0000
Nonpublic Textbooks 20-XXX-XXX-XXX12,89112,74312,743
Nonpublic Auxiliary Services 20-XXX-XXX-XXX053,74853,748
Nonpublic Handicapped Services 20-XXX-XXX-XXX065,15265,152
Nonpublic Nursing Services 20-XXX-XXX-XXX17,67217,60217,602
Nonpublic Technology Initiative 20-XXX-XXX-XXX3359,1209,120
Other Special Projects 20-XXX-XXX-XXX76,90500
Total State Projects 130,384200,946158,365
Federal Projects:
Title I 20-XXX-XXX-XXX66,02548,88448,884
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX266,709232,774201,427
Other Special Projects 20-XXX-XXX-XXX44,68335,19235,192
Total Federal Projects 377,417316,850285,503
TOTAL GRANTS AND ENTITLEMENTS 507,801517,796443,868
REPAYMENT OF DEBT
Total Expenditures 7,404,7097,880,5558,253,478

 

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 Budget296,030253,709353,709248,709
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve217,419228,892229,892344,892
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve192,912384,115218,9470
      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 Cost12,38413,56515,00314,61915,551
Total Classroom Instruction7,4258,0948,9538,7659,399
Classroom-Salaries and Benefits7,1657,7838,6398,4589,085
Classroom-General Supplies and Textbooks232263277268275
Classroom-Purchased Services and Other2948373839
Total Support Services1,4481,6932,1772,0622,195
Support Services-Salaries and Benefits1,3731,5981,9981,9042,027
Total Administrative Costs1,6401,6891,7341,7651,764
Administration-Salaries and Benefits1,2791,4361,4281,4161,474
Total Operations and Maintenance of Plant1,7141,9171,9321,8491,974
Operations & Maintenance of Plant-Salary & Ben.7848931,018929990
Total Food Services Costs252728028
Total Extracurricular Costs133144179179190
Total Equipment Costs121190130
Employee Benefits as a % of Salaries26.127.229.728.528.5

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
  • Franklin Boro-Road salt & various repair services.
  • Hardyston Twp.-Gasoline purchased.
  • Rockaway Twp BOE/Central Morris Cooperative-#2 fuel oil bid service.
  • Alliance for Competitive Energy Services-Electric purchased when feasible
  • Alliance for Competitive Telecommunications-Long distance phone service.
  • Glen Rock BOE [ED-Data]-General,art, P/E & maintenance supply bid service
  • School Alliance Insurance Fund-Purchase property,liability& W/C insurance
  • Hopatcong BOE/Sussex Reg Coop-Purchase student transportation services.
  • Sussex County Ed Services Comm-Purchase nonpublic student services.
  • Grinspec Dental Trust-Purchase employee dental insurance.
  • NJ State Health Benefits Program-Purchase employee medical insurance.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,062,980 (A)
Estimated Net Taxable Valuation (as of 01/01/2008)243,599,787 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.6679 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy4,062,980 (D)
Estimated Net Taxable Valuation (as of 01/01/2008)243,599,787 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.6679 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,062,980 (G)
Estimated Equalized Valuation (as of 10/01/2007)521,630,999 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.7789 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy4,062,980 (J)
Estimated Equalized Valuation (as of 10/01/2007)521,630,999 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.7789 (L)