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User Friendly Budgets
2009

HUNTERDON - KINGWOOD TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils on Roll Regular Full-Time415415418
spacing
Pupils on Roll - Special Full-Time483832
Private School Placements221
spacing
Pupils Sent to Other Districts-Reg Prog020

 

Advertised Revenues
Budget CategoryAccount2007-08
Actual
2008-09
Revised
2009-10
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 88,006 51,960 76,260
Transfers from Other Funds 10-5200 73 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 4,774,618 4,940,603 5,045,985
Interest Earned on Capital Reserve Funds 10-1XXX 3,017 1,000 500
Unrestricted Miscellaneous Revenues 10-1XXX 66,055 25,000 15,000
SUBTOTAL  4,843,690 4,966,603 5,061,485
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 853,693 0 0
Transportation Aid 10-3120 172,785 0 0
Special Education Aid 10-3130 250,608 0 0
Extraordinary Aid 10-3131 24,595 24,595 0
Consolidated Aid 10-3195 49,813 0 0
Additional Formula Aid 10-3196 81,915 0 0
Other State Aids 10-3XXX 27,162 5,289 0
Categorical Special Education Aid 10-3132 0 241,168 244,004
Equalization Aid 10-3176 0 646,945 449,971
Categorical Security Aid 10-3177 0 31,916 31,939
Adjustment Aid 10-3178 0 392,512 559,470
Categorical Transportation Aid 10-3121 0 138,012 165,169
SUBTOTAL  1,460,571 1,480,437 1,450,553
Adjustment for Prior Year Encumbrances  0 125,828 0
Actual Revenues (Over)/Under Expenditures  -2,540 0 0
TOTAL OPERATING BUDGET  6,301,794 6,624,828 6,588,298
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Instructional Supplement Aid 20-3214 7,410 0 0
Other Restricted Entitlements 20-32XX 341 0 0
TOTAL REVENUES FROM STATE SOURCES  7,751 0 0
Revenues from Federal Sources:
Title I 20-4411-4416 12,366 0 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 86,675 85,246 72,900
Other 20-4XXX 59,773 57,839 8,700
TOTAL REVENUES FROM FEDERAL SOURCES  158,814 143,085 81,600
TOTAL GRANTS AND ENTITLEMENTS  166,565 143,085 81,600
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 23,214 0
Revenues from Local Sources:
Local Tax Levy 40-1210 253,773 230,459 253,373
TOTAL REVENUES FROM LOCAL SOURCES  253,773 230,459 253,373
TOTAL LOCAL REPAYMENT OF DEBT  253,773 253,673 253,373
TOTAL REPAYMENT OF DEBT  253,773 253,673 253,373
TOTAL REVENUES/SOURCES  6,722,132 7,021,586 6,923,271

 

Advertised Appropriations
Budget CategoryAccount2007-08
Expenditures
2008-09
Rev. Approp.
2009-10
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX2,117,6302,087,7272,219,957
Special Education 11-2XX-100-XXX630,637709,654659,981
Basic Skills/Remedial 11-230-100-XXX90,543120,143120,790
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX21,74624,18524,650
School Sponsored Athletics 11-402-100-XXX16,45124,30322,206
Support Services:
Tuition 11-000-100-XXX9,94048,00051,500
Health Services 11-000-213-XXX53,18354,84958,788
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217157,700112,176107,717
Guidance 11-000-218-XXX77,47689,18692,579
Child Study Teams 11-000-219-XXX240,410250,933232,032
Improvement of Instructional Services 11-000-221-XXX42,34368,30064,800
Educational Media Services - School Library 11-000-222-XXX141,925126,464129,956
Instructional Staff Training Services 11-000-223-XXX15,62725,77030,000
General Administration 11-000-230-XXX246,025313,604282,380
School Administration 11-000-240-XXX145,230160,534160,402
Central Svcs & Admin Info Technology 11-000-25X-XXX168,365197,490197,151
Operation and Maintenance of Plant Services 11-000-26X-XXX688,313616,673636,943
Student Transportation Services 11-000-270-XXX415,302459,822480,566
Personal Services - Employee Benefits 11-XXX-XXX-2XX817,1031,035,4591,015,400
Total Support Services Expenditures 3,218,9423,559,2603,540,214
TOTAL GENERAL CURRENT EXPENSE 6,095,9496,525,2726,587,798
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-604168,01700
Interest Earned on Capital Reserve 10-60401,000500
Equipment 12-XXX-XXX-73X37,82860,0060
Facilities Acquisition and Construction Services 12-000-4XX-XXX038,5500
TOTAL CAPITAL EXPENDITURES 205,84599,556500
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 6,301,7946,624,8286,588,298
GRANTS AND ENTITLEMENTS
Instructional Supplement Aid:
Instruction 20-214-100-XXX7,41000
TOTAL INSTRUCTIONAL SUPPLEMENT AID 7,41000
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX34100
Total State Projects 7,75100
Federal Projects:
Title I 20-XXX-XXX-XXX12,36600
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX86,67585,24672,900
Other Special Projects 20-XXX-XXX-XXX59,77357,8398,700
Total Federal Projects 158,814143,08581,600
TOTAL GRANTS AND ENTITLEMENTS 166,565143,08581,600
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX253,773253,673253,373
TOTAL REPAYMENT OF DEBT 253,773253,673253,373
Total Expenditures 6,722,1327,021,5866,923,271

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/07
Audited
Balance
6/30/08
Estimated
Balance
6/30/09
Estimated
Balance
6/30/10
Unreserved:
  General Operating Budget265,137279,884250,000250,000
  Repayment of Debt23,21423,21400
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve63,558231,575232,575233,075
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve167,700151,59976,2600
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Reserved for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2006-07
Actual
2007-08
Actual
2008-09
Original
Budget
2008-09
Revised
Budget
2009-10
Proposed
Budget
Total Comparative Per Pupil Cost11,28112,31413,05913,28413,457
Total Classroom Instruction7,0047,3267,5477,9498,146
Classroom-Salaries and Benefits6,1536,5446,9727,2367,287
Classroom-General Supplies and Textbooks689698512633738
Classroom-Purchased Services and Other162856380121
Total Support Services1,4601,8561,8781,9311,909
Support Services-Salaries and Benefits1,2481,5681,5071,5581,571
Total Administrative Costs1,3541,4331,6631,7741,717
Administration-Salaries and Benefits1,1321,2461,3391,3961,456
Total Operations and Maintenance of Plant1,3671,5941,4721,4931,550
Operations & Maintenance of Plant-Salary & Ben.520574612633665
Total Food Services Costs00000
Total Extracurricular Costs8997124128124
Total Equipment Costs358201320
Employee Benefits as a % of Salaries22.721.425.326.325.4

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2009 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 2008-09 revised appropriations and 2009-10 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
  • In the ever-changing enviroment of financing education, the Kingwood
  • Township Board of Education participates in many shared services and cost
  • effective programs.
  • For example, our property, liability and workers compensation insur-
  • ance is through New Jersey School Boards Association Insurance Group -
  • ERIC WEST. We participate in the Alliance for Competitive Energy Service
  • (ACES)- for our electric, the Hunterdon County Education Services
  • Commission for cooperative bidding for general supplies, including paper,
  • and oil, and the ACT telecommunications program offered through New
  • Jersey Association of School Business Officials.
  • Also, we are part of the Delaware Valley Regional Transportation
  • Jointure for both regular and special education busing and share our
  • internet service with Holland, Milford, and Alexandria School Districts.
  • Furthermore, we participate in the Federal Universal Service Program
  • (E-Rate) and although we applied for a waiver we will still be partici-
  • pating in the Special Education Medicaid Initiative Program (SEMI).

 

Estimated Tax Rate Information
A. Estimated 09-10 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy5,045,985 (A)
Estimated Net Taxable Valuation (as of 02/18/2009)706,267,500 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)x1000.7145 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy5,299,358 (D)
Estimated Net Taxable Valuation (as of 02/18/2009)706,267,500 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)x1000.7503 (F)
B. Estimated 09-10 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy5,045,985 (G)
Estimated Equalized Valuation (as of 10/01/2008)712,172,558 (H)
Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)x1000.7085 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy5,299,358 (J)
Estimated Equalized Valuation (as of 10/01/2008)712,172,558 (K)
Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)x1000.7441 (L)