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User Friendly Budgets
2008

HUNTERDON - DELAWARE VALLEY REGIONAL

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time815837837
Pupils on Roll Regular Shared-Time443838
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Pupils on Roll - Special Full-Time100110113
Pupils on Roll - Special Shared-Time241717
Private School Placements151213
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Pupils Sent to Other Districts-Reg Prog012
Pupils Sent to Other Dists-Spec Ed Prog756
Pupils Received201
Pupils in State Facilities011

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 120,447 205,153
Withdrawal from Cap Res-for Local Share 10-307 0 0 189,536
Transfers from Other Funds 10-5200 5,097 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 10,974,948 11,565,442 11,774,658
Interest Earned on Capital Reserve Funds 10-1XXX 10,364 1,000 100
Unrestricted Miscellaneous Revenues 10-1XXX 194,610 115,842 121,000
SUBTOTAL  11,179,922 11,682,284 11,895,758
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 1,750,505 1,750,505 0
Transportation Aid 10-3120 419,852 419,852 0
Special Education Aid 10-3130 598,514 598,514 0
Stabilization Aid 10-3171 821,175 821,175 0
Extraordinary Aid 10-3131 38,395 0 60,191
Consolidated Aid 10-3195 94,579 94,579 0
Additional Formula Aid 10-3196 110,539 226,081 0
Other State Aids 10-3XXX 61,926 56,245 0
Categorical Special Education Aid 10-3132 0 0 554,958
Equalization Aid 10-3176 0 0 3,346,511
Categorical Security Aid 10-3177 0 0 73,766
Categorical Transportation Aid 10-3121 0 0 359,038
SUBTOTAL  3,895,485 3,966,951 4,394,464
Adjustment for Prior Year Encumbrances  0 54,790 0
Actual Revenues (Over)/Under Expenditures  -162,043 0 0
TOTAL OPERATING BUDGET  14,918,461 15,824,472 16,684,911
GRANTS AND ENTITLEMENTS
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 166,721 177,885 142,308
Other 20-4XXX 43,957 66,651 53,321
TOTAL REVENUES FROM FEDERAL SOURCES  210,678 244,536 195,629
TOTAL GRANTS AND ENTITLEMENTS  210,678 244,536 195,629
REPAYMENT OF DEBT
Transfers from Other Funds 40-5200 19 0 0
Revenues from Local Sources:
Local Tax Levy 40-1210 584,115 586,905 589,200
TOTAL REVENUES FROM LOCAL SOURCES  584,115 586,905 589,200
TOTAL LOCAL REPAYMENT OF DEBT  584,134 586,905 589,200
Actual Revenues (Over)/Under Expenditures  -19 0 0
TOTAL REPAYMENT OF DEBT  584,115 586,905 589,200
TOTAL REVENUES/SOURCES  15,713,254 16,655,913 17,469,740

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX4,728,4334,652,8244,762,488
Special Education 11-2XX-100-XXX981,8661,138,0871,156,814
Basic Skills/Remedial 11-230-100-XXX55,80457,18957,902
Bilingual Education 11-240-100-XXX001,722
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX173,182196,351196,991
School Sponsored Athletics 11-402-100-XXX731,886826,053827,258
Other Instructional Programs 11-4XX-100-XXX14,0796,1503,494
Support Services:
Tuition 11-000-100-XXX972,416901,8381,003,762
Health Services 11-000-213-XXX94,788134,893123,847
Guidance 11-000-218-XXX421,215470,877490,236
Child Study Teams 11-000-219-XXX480,774499,277510,062
Improvement of Instructional Services 11-000-221-XXX263,113401,875406,050
Educational Media Services - School Library 11-000-222-XXX99,45795,96885,925
Instructional Staff Training Services 11-000-223-XXX67,111221,683168,992
General Administration 11-000-230-XXX399,572476,241440,837
School Administration 11-000-240-XXX410,291423,475414,015
Central Svcs & Admin Info Technology 11-000-25X-XXX315,485339,525311,702
Operation and Maintenance of Plant Services 11-000-26X-XXX1,635,0041,501,1221,431,839
Student Transportation Services 11-000-270-XXX820,9721,232,2031,409,113
Personal Services - Employee Benefits 11-XXX-XXX-2XX2,111,4422,099,7322,401,408
Food Services 11-000-310-XXX30,65035,10933,151
Total Support Services Expenditures 8,122,2908,833,8189,230,939
TOTAL GENERAL CURRENT EXPENSE 14,807,54015,710,47216,237,608
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-60401,000100
Equipment 12-XXX-XXX-73X110,902113,00095,850
Facilities Acquisition and Construction Services 12-000-4XX-XXX00161,817
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-93100189,536
Capital Reserve-Transfer to Repayment of Debt 12-000-4XX-9331900
TOTAL CAPITAL EXPENDITURES 110,921114,000447,303
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 14,918,46115,824,47216,684,911
GRANTS AND ENTITLEMENTS
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX166,721177,885142,308
Other Special Projects 20-XXX-XXX-XXX43,95766,65153,321
Total Federal Projects 210,678244,536195,629
TOTAL GRANTS AND ENTITLEMENTS 210,678244,536195,629
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX584,115586,905589,200
TOTAL REPAYMENT OF DEBT 584,115586,905589,200
Total Expenditures 15,713,25416,655,91317,469,740
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
Capital Reserve - Transfer to Repayment of Debt 12-000-400-9331900
TOTAL EXPENDITURES NET OF TRANSFERS 15,713,23516,655,91317,469,740

 

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 Budget316,942361,643241,19636,043
  Repayment of Debt-19000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve174,049185,413189,536100
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve205,214256,402256,402256,402
      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 Cost13,24713,67713,98813,93214,143
Total Classroom Instruction7,1607,4307,6597,2607,555
Classroom-Salaries and Benefits6,4796,7486,9666,6216,980
Classroom-General Supplies and Textbooks474430442415368
Classroom-Purchased Services and Other207253252224208
Total Support Services1,8181,8262,1702,2352,240
Support Services-Salaries and Benefits1,6241,6271,8551,9182,011
Total Administrative Costs1,4071,3901,4151,4711,417
Administration-Salaries and Benefits1,0341,0311,0401,0561,088
Total Operations and Maintenance of Plant1,7631,8651,4811,6901,631
Operations & Maintenance of Plant-Salary & Ben.716728660792811
Total Food Services Costs3432363634
Total Extracurricular Costs9691,1351,2261,2381,266
Total Equipment Costs15411711611698
Employee Benefits as a % of Salaries24.825.125.123.325.9

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 operates a Joint Transportation Program with three of the
  • five sending districts. The Delaware Valley Regional High School provides
  • regular and special education transportation services as well as field
  • and athletic trips. The costs are prorated and shared based on mileage
  • and routes.

 

Estimated Tax Rate Information
ALEXANDRIA TWP
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,250,931 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)787,045,773 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.5401 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy4,463,646 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)787,045,773 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.5671 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,250,931 (G)
Estimated Equalized Valuation (as of 10/01/2007)913,782,965 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.4652 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy4,463,646 (J)
Estimated Equalized Valuation (as of 10/01/2007)913,782,965 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.4885 (L)
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FRENCHTOWN
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy719,961 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)149,049,848 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.4830 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy755,988 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)149,049,848 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.5072 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy719,961 (G)
Estimated Equalized Valuation (as of 10/01/2007)189,878,132 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.3792 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy755,988 (J)
Estimated Equalized Valuation (as of 10/01/2007)189,878,132 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.3981 (L)
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HOLLAND TWP
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy3,499,770 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)767,370,480 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.4561 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy3,674,898 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)767,370,480 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.4789 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy3,499,770 (G)
Estimated Equalized Valuation (as of 10/01/2007)855,366,393 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.4092 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy3,674,898 (J)
Estimated Equalized Valuation (as of 10/01/2007)855,366,393 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.4296 (L)
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KINGSWOOD
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy2,617,650 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)699,110,769 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.3744 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy2,748,637 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)699,110,769 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.3932 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy2,617,650 (G)
Estimated Equalized Valuation (as of 10/01/2007)708,082,819 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.3697 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy2,748,637 (J)
Estimated Equalized Valuation (as of 10/01/2007)708,082,819 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.3882 (L)
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MILFORD
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy686,345 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)122,552,705 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.5600 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy720,690 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)122,552,705 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.5881 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy686,345 (G)
Estimated Equalized Valuation (as of 10/01/2007)164,641,710 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.4169 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy720,690 (J)
Estimated Equalized Valuation (as of 10/01/2007)164,641,710 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.4377 (L)