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User Friendly Budgets
2008

SOMERSET - HILLSBOROUGH TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time6,4726,4626,469
Pupils on Roll Regular Shared-Time202121
spacing
Pupils on Roll - Special Full-Time1,0671,0601,060
Pupils on Roll - Special Shared-Time181919
Private School Placements343869
spacing
Pupils Sent to Contracted Preschool Prog660
Pupils Sent to Other Districts-Reg Prog110
Pupils Sent to Other Dists-Spec Ed Prog23196
Pupils Received575362
Pupils in State Facilities433

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 2,000,000 2,500,000
Transfers from Other Funds 10-5200 19,584 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 66,203,109 69,073,157 69,907,530
Tuition 10-1300 496,900 582,550 667,656
Transportation Fees from Other LEAs 10-1420-1440 51,783 50,000 50,000
Other Restricted Miscellaneous Revenues 10-1XXX 858,380 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 0 737,482 739,000
SUBTOTAL  67,610,172 70,443,189 71,364,186
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 11,655,115 11,655,115 0
Transportation Aid 10-3120 2,011,960 2,011,960 0
Special Education Aid 10-3130 5,336,655 5,336,655 0
Bilingual Education 10-3140 160,896 160,896 0
Extraordinary Aid 10-3131 114,324 0 239,461
Consolidated Aid 10-3195 545,560 545,560 0
Additional Formula Aid 10-3196 591,306 1,200,351 0
Other State Aids 10-3XXX 48,942 0 0
Categorical Special Education Aid 10-3132 0 0 4,137,977
Equalization Aid 10-3176 0 0 18,191,542
Categorical Security Aid 10-3177 0 0 553,709
Categorical Transportation Aid 10-3121 0 0 2,105,038
SUBTOTAL  20,464,758 20,910,537 25,227,727
Actual Revenues (Over)/Under Expenditures  -943,351 0 0
TOTAL OPERATING BUDGET  87,151,163 93,353,726 99,091,913
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 57,261 20,000 0
Revenues from State Sources:
Preschool Education Aid 20-3218 263 0 0
Other Restricted Entitlements 20-32XX 51,024 36,476 39,446
TOTAL REVENUES FROM STATE SOURCES  51,287 36,476 39,446
Revenues from Federal Sources:
Title I 20-4411-4416 383,806 619,799 420,809
I.D.E.A. Part B (Handicapped) 20-4420-4429 1,520,477 1,552,142 1,444,096
Other 20-4XXX 237,214 206,795 293,922
TOTAL REVENUES FROM FEDERAL SOURCES  2,141,497 2,378,736 2,158,827
TOTAL GRANTS AND ENTITLEMENTS  2,250,045 2,435,212 2,198,273
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 52,316 0
Transfers from Other Funds 40-5200 23,827 0 0
Revenues from Local Sources:
Local Tax Levy 40-1210 5,139,371 4,278,481 3,963,600
TOTAL REVENUES FROM LOCAL SOURCES  5,139,371 4,278,481 3,963,600
Revenues from State Sources:
Debt Service Aid Type II 40-3160 1,456,033 1,148,662 1,028,804
TOTAL LOCAL REPAYMENT OF DEBT  6,619,231 5,479,459 4,992,404
Actual Revenues (Over)/Under Expenditures  53,710 0 0
TOTAL REPAYMENT OF DEBT  6,672,941 5,479,459 4,992,404
TOTAL REVENUES/SOURCES  96,074,149 101,268,397 106,282,590

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX30,610,26832,545,53134,061,872
Special Education 11-2XX-100-XXX6,394,0416,836,9417,329,172
Basic Skills/Remedial 11-230-100-XXX2,375,8942,638,5892,763,718
Bilingual Education 11-240-100-XXX468,067527,427610,345
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX201,012216,643225,981
School Sponsored Athletics 11-402-100-XXX1,005,1901,051,5441,089,236
Support Services:
Tuition 11-000-100-XXX2,376,5542,433,8182,291,616
Attendance and Social Work Services 11-000-211-XXX10,99312,01012,010
Health Services 11-000-213-XXX997,8391,050,8971,262,955
Students - Related & Extraordinary 11-000-216,2173,217,0203,447,6233,706,679
Guidance 11-000-218-XXX1,504,5751,548,4301,618,299
Child Study Teams 11-000-219-XXX1,438,9581,513,6491,614,423
Improvement of Instructional Services 11-000-221-XXX2,060,2532,222,3502,300,306
Educational Media Services - School Library 11-000-222-XXX952,6291,008,8891,045,447
Instructional Staff Training Services 11-000-223-XXX34,14089,17099,130
General Administration 11-000-230-XXX1,072,3671,268,9371,239,804
School Administration 11-000-240-XXX3,548,0073,659,1273,755,581
Central Svcs & Admin Info Technology 11-000-25X-XXX1,383,8151,638,5641,422,116
Operation and Maintenance of Plant Services 11-000-26X-XXX7,201,8407,472,6467,486,893
Student Transportation Services 11-000-270-XXX5,633,8195,938,3376,230,393
Personal Services - Employee Benefits 11-XXX-XXX-2XX12,985,39414,026,21416,004,240
Total Support Services Expenditures 44,418,20347,330,66150,089,892
TOTAL GENERAL CURRENT EXPENSE 85,472,67591,147,33696,170,216
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X350,854538,580428,514
Facilities Acquisition and Construction Services 12-000-4XX-XXX1,327,6341,667,8102,493,183
TOTAL CAPITAL EXPENDITURES 1,678,4882,206,3902,921,697
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 87,151,16393,353,72699,091,913
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX57,26120,0000
Distance Learning Network Aid:
Contribution to Charter Schools 20-213-100-56X26300
TOTAL DISTANCE LEARNING NETWORK AID 26300
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX8,5219,43110,909
Nonpublic Auxiliary Services 20-XXX-XXX-XXX002,030
Nonpublic Handicapped Services 20-XXX-XXX-XXX4,4407,7354,512
Nonpublic Nursing Services 20-XXX-XXX-XXX11,65912,55014,437
Nonpublic Technology Initiative 20-XXX-XXX-XXX5,8546,7607,558
Other Special Projects 20-XXX-XXX-XXX20,55000
Total State Projects 51,28736,47639,446
Federal Projects:
Title I 20-XXX-XXX-XXX383,806619,799420,809
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX1,520,4771,552,1421,444,096
Other Special Projects 20-XXX-XXX-XXX237,214206,795293,922
Total Federal Projects 2,141,4972,378,7362,158,827
TOTAL GRANTS AND ENTITLEMENTS 2,250,0452,435,2122,198,273
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX05,479,4594,992,404
Additional State School Building Aid-Ch.177 40-702-510-XXX6,672,94100
Total Additional State School Building Aid 6,672,94100
TOTAL REPAYMENT OF DEBT 6,672,9415,479,4594,992,404
Total Expenditures 96,074,149101,268,397106,282,590

 

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 Budget2,770,5612,368,5471,984,9731,859,940
  Repayment of Debt53,710000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve1111
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve2,556,0283,901,3932,374,9670
      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 Cost9,68410,25410,92810,97511,611
Total Classroom Instruction6,0826,4446,9016,9097,379
Classroom-Salaries and Benefits5,9276,2906,7416,7527,221
Classroom-General Supplies and Textbooks150148154151151
Classroom-Purchased Services and Other56667
Total Support Services1,5011,6111,7201,7251,863
Support Services-Salaries and Benefits1,3041,3921,4891,4931,588
Total Administrative Costs9209399861,0251,023
Administration-Salaries and Benefits747774809823862
Total Operations and Maintenance of Plant9911,0561,1051,1001,117
Operations & Maintenance of Plant-Salary & Ben.514550581582624
Total Food Services Costs00000
Total Extracurricular Costs172186195196205
Total Equipment Costs4146717157
Employee Benefits as a % of Salaries22.422.823.223.125.1

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 has entered into agreement with the Middlesex Regional
  • Services Commission to participate on a cooperative basis for the purchas
  • of natural gas and electricity.
  • The District will continue to work with the New Jersey School Boards
  • Association Insurance Group.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy69,907,530 (A)
Estimated Net Taxable Valuation (as of 01/01/2008)3,737,778,962 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.8703 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy73,871,130 (D)
Estimated Net Taxable Valuation (as of 01/01/2008)3,737,778,962 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.9763 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy69,907,530 (G)
Estimated Equalized Valuation (as of 01/01/2008)6,121,594,289 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1001.1420 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy73,871,130 (J)
Estimated Equalized Valuation (as of 01/01/2008)6,121,594,289 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.2067 (L)