>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>SUSSEX  >>FRANKLIN BORO

User Friendly Budgets
2009

SUSSEX - FRANKLIN BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils on Roll Regular Full-Time393407407
spacing
Pupils on Roll - Special Full-Time96114114
Private School Placements222

 

Advertised Revenues
Budget CategoryAccount2007-08
Actual
2008-09
Revised
2009-10
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 218,947 175,284
Budgeted Fund Bal - Deposit to Capital Reserve 10-303 0 105,000 0
Revenues from Local Sources:
Local Tax Levy 10-1210 3,906,712 4,062,980 4,155,498
Tuition 10-1300 11,038 5,000 5,000
Interest Earned on Capital Reserve Funds 10-1XXX 17,029 10,000 5,000
Other Restricted Miscellaneous Revenues 10-1XXX 9,309 2,000 2,000
Unrestricted Miscellaneous Revenues 10-1XXX 7,212 20,000 15,000
SUBTOTAL  3,951,300 4,099,980 4,182,498
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 1,701,980 0 0
Transportation Aid 10-3120 61,531 0 0
Special Education Aid 10-3130 369,538 0 0
Bilingual Education 10-3140 2,372 0 0
Stabilization Aid 10-3171 843,608 0 0
Extraordinary Aid 10-3131 3,621 0 0
Consolidated Aid 10-3195 57,681 0 0
Additional Formula Aid 10-3196 161,545 0 0
Other State Aids 10-3XXX 70,678 0 0
Categorical Special Education Aid 10-3132 0 226,785 252,438
Equalization Aid 10-3176 0 1,922,456 2,536,951
Categorical Security Aid 10-3177 0 46,000 63,915
Adjustment Aid 10-3178 0 1,165,878 499,149
Categorical Transportation Aid 10-3121 0 24,564 33,230
SUBTOTAL  3,272,554 3,385,683 3,385,683
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 0 0 7,000
SUBTOTAL  0 0 7,000
Actual Revenues (Over)/Under Expenditures  54,284 0 0
TOTAL OPERATING BUDGET  7,278,138 7,809,610 7,750,465
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 174,906 159,402 159,402
TOTAL REVENUES FROM STATE SOURCES  174,906 159,402 159,402
Revenues from Federal Sources:
Title I 20-4411-4416 48,884 70,435 70,435
I.D.E.A. Part B (Handicapped) 20-4420-4429 195,905 237,400 202,052
Other 20-4XXX 34,008 34,267 32,115
TOTAL REVENUES FROM FEDERAL SOURCES  278,797 342,102 304,602
TOTAL GRANTS AND ENTITLEMENTS  453,703 501,504 464,004
TOTAL REVENUES/SOURCES  7,731,841 8,311,114 8,214,469

 

Advertised Appropriations
Budget CategoryAccount2007-08
Expenditures
2008-09
Rev. Approp.
2009-10
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX2,260,5122,265,8612,319,626
Special Education 11-2XX-100-XXX987,0491,046,6171,040,646
Basic Skills/Remedial 11-230-100-XXX15,87047,74823,570
Bilingual Education 11-240-100-XXX5,6288,6811,000
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX32,51040,49436,710
School Sponsored Athletics 11-402-100-XXX36,44339,94435,890
Other Instructional Programs 11-4XX-100-XXX10,4879,9300
Summer School 11-422-XXX-XXX0010,000
Support Services:
Tuition 11-000-100-XXX64,76156,84367,822
Health Services 11-000-213-XXX68,12677,87679,185
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217155,456170,460174,578
Guidance 11-000-218-XXX117,601125,285127,863
Child Study Teams 11-000-219-XXX287,907307,149316,485
Improvement of Instructional Services 11-000-221-XXX77,15882,85185,482
Educational Media Services - School Library 11-000-222-XXX41,75548,43248,862
Instructional Staff Training Services 11-000-223-XXX16,44824,60020,000
General Administration 11-000-230-XXX300,286361,208361,593
School Administration 11-000-240-XXX146,484173,366167,660
Central Svcs & Admin Info Technology 11-000-25X-XXX185,635213,780212,457
Operation and Maintenance of Plant Services 11-000-26X-XXX890,995913,072908,721
Student Transportation Services 11-000-270-XXX167,418219,000200,013
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,378,6221,385,0631,428,802
Food Services 11-000-310-XXX013,50013,500
Total Support Services Expenditures 3,898,6524,172,4854,213,023
TOTAL GENERAL CURRENT EXPENSE 7,247,1517,631,7607,680,465
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-6040105,0000
Interest Earned on Capital Reserve 10-604010,0005,000
Equipment 12-XXX-XXX-73X6,3903,6000
TOTAL CAPITAL EXPENDITURES 6,390118,6005,000
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X24,59759,25065,000
OPERATING BUDGET GRAND TOTAL 7,278,1387,809,6107,750,465
GRANTS AND ENTITLEMENTS
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX11,45112,18112,181
Nonpublic Auxiliary Services 20-XXX-XXX-XXX39,61359,72059,720
Nonpublic Handicapped Services 20-XXX-XXX-XXX54,80462,53762,537
Nonpublic Nursing Services 20-XXX-XXX-XXX17,60216,44416,444
Nonpublic Technology Initiative 20-XXX-XXX-XXX8,8568,5208,520
Other Special Projects 20-XXX-XXX-XXX42,58000
Total State Projects 174,906159,402159,402
Federal Projects:
Title I 20-XXX-XXX-XXX48,88470,43570,435
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX195,905237,400202,052
Other Special Projects 20-XXX-XXX-XXX34,00834,26732,115
Total Federal Projects 278,797342,102304,602
TOTAL GRANTS AND ENTITLEMENTS 453,703501,504464,004
Total Expenditures 7,731,8418,311,1148,214,469

 

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 Budget253,709355,284425,284250,000
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve228,892238,201353,201358,201
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve384,115218,94700
      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 Cost13,56514,31515,55114,25614,366
Total Classroom Instruction8,0948,5529,3998,2968,371
Classroom-Salaries and Benefits7,7838,2959,0858,0118,122
Classroom-General Supplies and Textbooks263220275249212
Classroom-Purchased Services and Other4837393636
Total Support Services1,6931,9832,1952,0312,083
Support Services-Salaries and Benefits1,5981,8862,0271,8761,954
Total Administrative Costs1,6891,5991,7641,7521,751
Administration-Salaries and Benefits1,4361,3771,4741,3851,421
Total Operations and Maintenance of Plant1,9172,0101,9751,9671,967
Operations & Maintenance of Plant-Salary & Ben.893854990907935
Total Food Services Costs270282626
Total Extracurricular Costs144171190184168
Total Equipment Costs11913070
Employee Benefits as a % of Salaries27.228.928.527.928.3

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
  • Franklin Boro-Road salt & various repair services.
  • Hardyston Twp.-Gasoline purchased.
  • Rockaway Twp BOE/Central Morris Cooperative-#2 fuel oil bid service.
  • Alliance for Competitive Energy Services-Electric purchased when feasible
  • Alliance for Competitive Telecommunications-Long distance phone service.
  • Morris Cnty ESC [Ed-Data]-General,art,P/E & maintenance supply bid co-op.
  • School Alliance Insurance Fund-Purchase property,liability& W/C insurance
  • Hopatcong BOE/Sussex Reg Coop-Purchase student transportation services.
  • Sussex County Ed Services Comm-Purchase nonpublic student services.
  • Grinspec Dental Trust- Purchase employee dental insurance.
  • NJ School Employees' Health Benefits Program-Employee medical insurance.
  • As of 7/1/2009, potentially sharing Franklin's BA/BS with Hamburg BOE.

 

Estimated Tax Rate Information
A. Estimated 09-10 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,155,498 (A)
Estimated Net Taxable Valuation (as of 01/03/2009)244,614,857 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)x1001.6988 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy4,155,498 (D)
Estimated Net Taxable Valuation (as of 01/03/2009)244,614,857 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)x1001.6988 (F)
B. Estimated 09-10 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,155,498 (G)
Estimated Equalized Valuation (as of 10/01/2008)509,080,953 (H)
Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)x1000.8163 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy4,155,498 (J)
Estimated Equalized Valuation (as of 10/01/2008)509,080,953 (K)
Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)x1000.8163 (L)