>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>HUNTERDON  >>HIGH BRIDGE BORO

User Friendly Budgets
2008

HUNTERDON - HIGH BRIDGE BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time350328334
spacing
Pupils on Roll - Special Full-Time807768
spacing
Pupils Received321

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Revenues from Local Sources:
Local Tax Levy 10-1210 4,311,838 4,483,896 4,636,252
Tuition 10-1300 117,964 119,449 69,439
Interest Earned on Capital Reserve Funds 10-1XXX 154 200 100
Unrestricted Miscellaneous Revenues 10-1XXX 25,444 13,000 24,811
SUBTOTAL  4,455,400 4,616,545 4,730,602
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 720,874 720,874 0
Supplemental Core Curriculum Standards Aid 10-3112 257,603 257,603 0
Transportation Aid 10-3120 11,617 11,617 0
Special Education Aid 10-3130 428,716 428,716 0
Bilingual Education 10-3140 4,672 4,672 0
Stabilization Aid 10-3171 29,686 29,686 0
Extraordinary Aid 10-3131 26,221 0 0
Consolidated Aid 10-3195 48,825 48,825 0
Additional Formula Aid 10-3196 45,060 91,472 0
Other State Aids 10-3XXX 2,204 28,782 0
Categorical Special Education Aid 10-3132 0 0 200,793
Equalization Aid 10-3176 0 0 1,081,268
Categorical Security Aid 10-3177 0 0 28,220
Adjustment Aid 10-3178 0 0 304,168
Categorical Transportation Aid 10-3121 0 0 10,508
SUBTOTAL  1,575,478 1,622,247 1,624,957
Adjustment for Prior Year Encumbrances  0 112,967 0
Actual Revenues (Over)/Under Expenditures  -32,171 0 0
TOTAL OPERATING BUDGET  5,998,707 6,351,759 6,355,559
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 150 0 0
Revenues from State Sources:
Preschool Education Aid 20-3218 0 0 6,600
Other Restricted Entitlements 20-32XX 14,142 0 0
TOTAL REVENUES FROM STATE SOURCES  14,142 0 6,600
Revenues from Federal Sources:
Title I 20-4411-4416 16,862 0 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 86,981 0 0
Other 20-4XXX 18,985 0 0
TOTAL REVENUES FROM FEDERAL SOURCES  122,828 0 0
TOTAL GRANTS AND ENTITLEMENTS  137,120 0 6,600
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 0 1,500
Revenues from Local Sources:
Local Tax Levy 40-1210 492,701 493,937 495,135
TOTAL REVENUES FROM LOCAL SOURCES  492,701 493,937 495,135
Revenues from State Sources:
Debt Service Aid Type II 40-3160 102,432 103,391 103,935
TOTAL LOCAL REPAYMENT OF DEBT  595,133 597,328 600,570
Actual Revenues (Over)/Under Expenditures  -1,500 0 0
TOTAL REPAYMENT OF DEBT  593,633 597,328 600,570
TOTAL REVENUES/SOURCES  6,729,460 6,949,087 6,962,729

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX1,723,8622,004,7452,030,549
Special Education 11-2XX-100-XXX687,884699,324673,166
Basic Skills/Remedial 11-230-100-XXX252,972153,454176,292
Bilingual Education 11-240-100-XXX5,0185,4035,530
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX33,89142,00642,677
Support Services:
Tuition 11-000-100-XXX041,4000
Health Services 11-000-213-XXX127,510104,026116,048
Students - Related & Extraordinary 11-000-216,217316,011413,146434,045
Guidance 11-000-218-XXX123,371134,606138,730
Child Study Teams 11-000-219-XXX292,014326,839334,589
Improvement of Instructional Services 11-000-221-XXX8206,939500
Educational Media Services - School Library 11-000-222-XXX160,153172,195166,642
Instructional Staff Training Services 11-000-223-XXX4,0317,2507,750
General Administration 11-000-230-XXX280,958267,207272,239
School Administration 11-000-240-XXX195,344209,501212,681
Central Svcs & Admin Info Technology 11-000-25X-XXX120,738124,734125,273
Operation and Maintenance of Plant Services 11-000-26X-XXX617,930565,246559,602
Student Transportation Services 11-000-270-XXX44,08089,50459,273
Personal Services - Employee Benefits 11-XXX-XXX-2XX869,234909,770958,724
Total Support Services Expenditures 3,152,1943,372,3633,386,096
TOTAL GENERAL CURRENT EXPENSE 5,855,8216,277,2956,314,310
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-6040200100
Equipment 12-XXX-XXX-73X44,07528,2900
Facilities Acquisition and Construction Services 12-000-4XX-XXX89,85745,97441,149
TOTAL CAPITAL EXPENDITURES 133,93274,46441,249
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X8,95400
OPERATING BUDGET GRAND TOTAL 5,998,7076,351,7596,355,559
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX15000
Early Childhood Program Aid:
Instruction 20-211-100-XXX006,600
TOTAL EARLY CHILDHOOD PROGRAM AID 006,600
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX14,14200
Total State Projects 14,14206,600
Federal Projects:
Title I 20-XXX-XXX-XXX16,86200
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX86,98100
Other Special Projects 20-XXX-XXX-XXX18,98500
Total Federal Projects 122,82800
TOTAL GRANTS AND ENTITLEMENTS 137,12006,600
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX593,633597,328600,570
TOTAL REPAYMENT OF DEBT 593,633597,328600,570
Total Expenditures 6,729,4606,949,0876,962,729

 

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 Budget37,89248,22548,22548,225
  Repayment of Debt01,5001,5000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve4,7654,9195,1195,219
      Adult Education Programs0000
      Maintenance Reserve1111
      Legal Reserve0000
      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 Cost12,76113,52713,82415,17615,606
Total Classroom Instruction7,2097,5217,5908,3328,617
Classroom-Salaries and Benefits6,9707,2167,2327,8038,168
Classroom-General Supplies and Textbooks147198197318236
Classroom-Purchased Services and Other93108162211213
Total Support Services2,7092,9703,3723,6253,778
Support Services-Salaries and Benefits2,3282,6232,9183,1323,288
Total Administrative Costs1,4701,4431,4021,5591,553
Administration-Salaries and Benefits1,2411,1771,1451,2571,263
Total Operations and Maintenance of Plant1,2851,5141,3661,5571,552
Operations & Maintenance of Plant-Salary & Ben.528508595648678
Total Food Services Costs00000
Total Extracurricular Costs877995104106
Total Equipment Costs191030700
Employee Benefits as a % of Salaries22.921.120.92121.5

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
  • District employs the services of the Hunterdon Educational services commi
  • ssionfor telephone, computer services, transportation and supplies.
  • The district uses ACES & ACT.
  • The district utilizes the Borough for salting & leaf pick up.
  • The district purchases paper on behalf of the Borough.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,636,252 (A)
Estimated Net Taxable Valuation (as of 01/10/2008)384,646,906 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.2053 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy5,131,387 (D)
Estimated Net Taxable Valuation (as of 01/10/2008)384,646,906 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.3341 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,636,252 (G)
Estimated Equalized Valuation (as of 10/01/2008)434,422,294 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1001.0672 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy5,131,387 (J)
Estimated Equalized Valuation (as of 10/01/2008)434,422,294 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.1812 (L)