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User Friendly Budgets
2008

HUNTERDON - MILFORD BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time969498
spacing
Pupils on Roll - Special Full-Time212022
Private School Placements121
spacing
Pupils Sent to Other Dists-Spec Ed Prog215
Pupils Received010

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 74,435 0
Revenues from Local Sources:
Local Tax Levy 10-1210 1,488,610 1,561,780 1,594,534
Tuition 10-1300 12,455 11,877 0
Unrestricted Miscellaneous Revenues 10-1XXX 11,830 1,500 15,000
SUBTOTAL  1,512,895 1,575,157 1,609,534
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 90,299 90,299 0
Transportation Aid 10-3120 10,877 10,877 0
Special Education Aid 10-3130 158,086 158,086 0
Extraordinary Aid 10-3131 12,097 0 23,887
Consolidated Aid 10-3195 13,825 13,825 0
Additional Formula Aid 10-3196 8,238 16,723 0
Other State Aids 10-3XXX 812 0 0
Categorical Special Education Aid 10-3132 0 0 58,802
Equalization Aid 10-3176 0 0 232,967
Categorical Security Aid 10-3177 0 0 8,179
Categorical Transportation Aid 10-3121 0 0 8,317
SUBTOTAL  294,234 289,810 332,152
Adjustment for Prior Year Encumbrances  0 16,190 0
Actual Revenues (Over)/Under Expenditures  89,999 0 0
TOTAL OPERATING BUDGET  1,897,128 1,955,592 1,941,686
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Instructional Supplement Aid 20-3214 1,512 1,512 0
Other Restricted Entitlements 20-32XX 2,125 0 0
TOTAL REVENUES FROM STATE SOURCES  3,637 1,512 0
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 30,703 31,149 26,476
Other 20-4XXX 27,054 25,744 21,883
TOTAL REVENUES FROM FEDERAL SOURCES  57,757 56,893 48,359
TOTAL GRANTS AND ENTITLEMENTS  61,394 58,405 48,359
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 182 180 178
TOTAL REVENUES FROM LOCAL SOURCES  182 180 178
Revenues from State Sources:
Debt Service Aid Type II 40-3160 52 51 50
TOTAL LOCAL REPAYMENT OF DEBT  234 231 228
TOTAL REPAYMENT OF DEBT  234 231 228
TOTAL REVENUES/SOURCES  1,958,756 2,014,228 1,990,273

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX658,160640,241608,749
Special Education 11-2XX-100-XXX219,363195,120148,722
Basic Skills/Remedial 11-230-100-XXX2719,60110,003
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX6,36612,0406,640
School Sponsored Athletics 11-402-100-XXX9,14510,80012,860
Support Services:
Tuition 11-000-100-XXX91,106109,068218,046
Health Services 11-000-213-XXX58,59161,61064,226
Students - Related & Extraordinary 11-000-216,217105,943131,62690,006
Child Study Teams 11-000-219-XXX95,658111,834117,875
Educational Media Services - School Library 11-000-222-XXX5,2037,4268,190
Instructional Staff Training Services 11-000-223-XXX5131,1341,164
General Administration 11-000-230-XXX22,86165,39458,751
School Administration 11-000-240-XXX95,15766,65769,669
Central Svcs & Admin Info Technology 11-000-25X-XXX56,88760,61662,735
Operation and Maintenance of Plant Services 11-000-26X-XXX175,816171,655158,254
Student Transportation Services 11-000-270-XXX46,18340,63192,350
Personal Services - Employee Benefits 11-XXX-XXX-2XX236,347249,844200,655
Food Services 11-000-310-XXX13,55810,29512,791
Total Support Services Expenditures 1,003,8231,087,7901,154,712
TOTAL GENERAL CURRENT EXPENSE 1,897,1281,955,5921,941,686
CAPITAL EXPENDITURES
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 1,897,1281,955,5921,941,686
GRANTS AND ENTITLEMENTS
Instructional Supplement Aid:
Instruction 20-214-100-XXX93500
Support Services 20-214-200-XXX5771,5120
TOTAL INSTRUCTIONAL SUPPLEMENT AID 1,5121,5120
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX2,12500
Total State Projects 3,6371,5120
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX30,70331,14926,476
Other Special Projects 20-XXX-XXX-XXX27,05425,74421,883
Total Federal Projects 57,75756,89348,359
TOTAL GRANTS AND ENTITLEMENTS 61,39458,40548,359
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX0231228
Additional State School Building Aid-Ch.177 40-702-510-XXX23400
Total Additional State School Building Aid 23400
TOTAL REPAYMENT OF DEBT 234231228
Total Expenditures 1,958,7562,014,2281,990,273

 

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 Budget114,064170,670170,670170,670
  Repayment of Debt-1-100
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve1111
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve138,42774,43500
      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 Cost13,75215,49314,22415,79513,548
Total Classroom Instruction8,4569,2668,6138,9727,546
Classroom-Salaries and Benefits7,1317,7027,1067,5236,429
Classroom-General Supplies and Textbooks638732644470331
Classroom-Purchased Services and Other688832863979787
Total Support Services2,1062,6252,3163,0162,560
Support Services-Salaries and Benefits7431,2261,2181,036950
Total Administrative Costs1,4021,6441,5471,8031,648
Administration-Salaries and Benefits516682646758691
Total Operations and Maintenance of Plant1,4751,7021,4801,7131,524
Operations & Maintenance of Plant-Salary & Ben.337538738788723
Total Food Services Costs1971198390107
Total Extracurricular Costs115137186200163
Total Equipment Costs210000
Employee Benefits as a % of Salaries19.725.227.426.722.7

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
  • Milford School District participates in the follwoing shared services:
  • Chief School Administrator and CST Team with East Amwell School
  • Business Administrator, Speech Pathologist, Computer Teacher, Music
  • Teacher, World Language Teacher, Food Service, Transportation, Band,
  • Assemblies, Staff Development with Frenchtown School District.
  • T-1 Line with Holland School District
  • Cooperative bidding with the Hunterdon County ESC
  • ACT - telecommunications bid, ACES - electric bid, NJSB Insurance Group -
  • insurance purchases
  • Curriculum Program with Milford, Frenchtown, Lambertville, Stockton, West
  • Amwell and South Hunterdon
  • Shared Custodian with Milford Borough

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,594,534 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)122,552,705 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.3011 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,594,712 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)122,552,705 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.3012 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,594,534 (G)
Estimated Equalized Valuation (as of 10/01/2007)164,641,710 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.9685 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,594,712 (J)
Estimated Equalized Valuation (as of 10/01/2007)164,641,710 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.9686 (L)