>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>HUNTERDON  >>READINGTON TWP

User Friendly Budgets
2011-2012

HUNTERDON - READINGTON TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2009
Actual
October 15, 2010
Actual
October 15, 2011
Estimated
Pupils on Roll Regular Full-Time1,8321,7881,673
spacing
Pupils on Roll - Special Full-Time233239237
Private School Placements778
spacing
Pupils Sent to Other Dists-Spec Ed Prog120
Pupils Received865

 

Advertised Revenues
Budget CategoryAccount2009-10
Actual
2010-11
Revised
2011-12
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 609,696 646,556
Withdrawal from Cap Res-for Local Share 10-307 1,448,911 375,124 0
Withdrawal from Maint. Reserve 10-310 0 100 0
Revenues from Local Sources:
Local Tax Levy 10-1210 27,038,539 27,703,081 27,426,050
Tuition 10-1300 23,050 28,000 14,000
Transportation Fees from Individuals 10-1410 3,510 0 2,700
Transportation Fees from Other LEAs 10-1420-1440 28,548 0 0
Interest Earned on Current Expense Emergency Res 10-1XXX 1,556 300 0
Interest Earned on Maintenance Reserve 10-1XXX 298 100 0
Interest Earned on Capital Reserve Funds 10-1XXX 5,642 1,500 0
Unrestricted Miscellaneous Revenues 10-1XXX 106,514 99,426 108,638
SUBTOTAL  27,207,657 27,832,407 27,551,388
Revenues from State Sources:
Extraordinary Aid 10-3131 231,545 153,386 150,000
Other State Aids 10-3XXX 12,116 0 0
Categorical Special Education Aid 10-3132 674,219 509,929 824,702
Categorical Security Aid 10-3177 97,914 0 0
Categorical Transportation Aid 10-3121 622,101 0 0
SUBTOTAL  1,637,895 663,315 974,702
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 572 0 0
Education Jobs Fund 18-4522 0 0 68,996
SUBTOTAL  572 0 68,996
Adjustment for Prior Year Encumbrances  0 536,084 0
Actual Revenues (Over)/Under Expenditures  479,771 0 0
TOTAL OPERATING BUDGET  30,774,806 30,016,726 29,241,642
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 36,929 13,377 0
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 1,166 1,739 0
TOTAL REVENUES FROM STATE SOURCES  1,166 1,739 0
Revenues from Federal Sources:
Title I 20-4411-4416 0 25,106 24,917
Title II 20-4451-4455 0 33,321 27,725
Title IV 20-4471-4474 0 1,053 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 407,222 466,841 374,787
Other 20-4XXX 406,690 202,533 0
TOTAL REVENUES FROM FEDERAL SOURCES  813,912 728,854 427,429
TOTAL GRANTS AND ENTITLEMENTS  852,007 743,970 427,429
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 0 455
Transfers from Other Funds 40-5200 1,449,366 0 0
Transfers from Capital Reserve 40-5210 0 300,000 0
Revenues from Local Sources:
Local Tax Levy 40-1210 2,118,903 1,889,894 2,183,349
TOTAL REVENUES FROM LOCAL SOURCES  2,118,903 1,889,894 2,183,349
Revenues from State Sources:
Debt Service Aid Type II 40-3160 974,094 7,809 7,732
TOTAL LOCAL REPAYMENT OF DEBT  4,542,363 2,197,703 2,191,536
Additional State School Building Aid-CH.74 40-3253 0 2,197,703 0
TOTAL ADDITIONAL STATE SCHOOL BUILDING AID  0 2,197,703 0
Actual Revenues (Over)/Under Expenditures  -414 0 0
TOTAL REPAYMENT OF DEBT  4,541,949 4,395,406 2,191,536
TOTAL REVENUES/SOURCES  36,168,762 35,156,102 31,860,607
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
Transfers from Capital Reserve 40-5210 0 300,000 0
TOTAL REVENUES/SOURCES NET OF TRANSFERS  36,168,762 34,856,102 31,860,607

 

Advertised Appropriations
Budget CategoryAccount2009-10
Expenditures
2010-11
Rev. Approp.
2011-12
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX9,473,7629,314,8309,305,291
Special Education 11-2XX-100-XXX2,753,0782,870,9152,909,535
Basic Skills/Remedial 11-230-100-XXX738,506786,028784,650
Bilingual Education 11-240-100-XXX60,64667,92164,253
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX98,262142,649140,721
School Sponsored Athletics 11-402-100-XXX112,431120,976122,014
Support Services:
Tuition 11-000-100-XXX22,972305,581308,218
Health Services 11-000-213-XXX271,028266,932270,768
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217725,853818,391784,753
Guidance 11-000-218-XXX523,955529,137550,507
Child Study Teams 11-000-219-XXX878,677838,452833,696
Improvement of Instructional Services 11-000-221-XXX306,121274,448264,602
Educational Media Services - School Library 11-000-222-XXX616,220537,286613,096
Instructional Staff Training Services 11-000-223-XXX333,487221,801221,743
General Administration 11-000-230-XXX644,047705,434650,258
School Administration 11-000-240-XXX1,208,3031,162,6991,164,206
Central Svcs & Admin Info Technology 11-000-25X-XXX649,791600,638521,404
Deposit to Maintenance Reserve 10-60601000
Interest Earned on Maintenance Reserve 10-6062981000
Operation and Maintenance of Plant Services 11-000-26X-XXX2,750,4092,690,5222,717,360
Student Transportation Services 11-000-270-XXX1,417,4611,555,8521,401,924
Interest Earned on Current Expense Emergency Res 10-6071,5563000
Personal Services - Employee Benefits 11-XXX-XXX-2XX5,416,5585,748,2715,552,168
Total Support Services Expenditures 15,764,88216,255,44415,854,703
TOTAL GENERAL CURRENT EXPENSE 29,003,42129,559,26329,181,167
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-6045,6421,5000
Equipment 12-XXX-XXX-73X300,76080,8396,615
Facilities Acquisition and Construction Services 12-000-4XX-XXX075,12453,860
Capital Reserve-Transfer to Repayment of Debt 12-000-4XX-9331,448,911300,0000
TOTAL CAPITAL EXPENDITURES 1,755,313457,46360,475
Summer School:
Instruction 13-422-100-XXX14,88300
Support Services 13-422-200-XXX1,18900
Total Summer School 16,07200
TOTAL SPECIAL SCHOOLS 16,07200
OPERATING BUDGET GRAND TOTAL 30,774,80630,016,72629,241,642
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX36,92913,3770
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX07960
Nonpublic Handicapped Services 20-XXX-XXX-XXX1,16600
Nonpublic Nursing Services 20-XXX-XXX-XXX09430
Total State Projects 1,1661,7390
Federal Projects:
Title I 20-XXX-XXX-XXX025,10624,917
Title II 20-XXX-XXX-XXX033,32127,725
Title IV 20-XXX-XXX-XXX01,0530
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX407,222466,841374,787
Other Special Projects 20-XXX-XXX-XXX406,690202,5330
Total Federal Projects 813,912728,854427,429
TOTAL GRANTS AND ENTITLEMENTS 852,007743,970427,429
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX4,541,9492,197,7032,191,536
Additional State School Building Aid-Ch.74 40-704-510-XXX02,197,7030
Total Additional State School Building Aid 02,197,7030
TOTAL REPAYMENT OF DEBT 4,541,9494,395,4062,191,536
Total Expenditures 36,168,76235,156,10231,860,607
Capital Reserve - Transfer to Repayment of Debt 12-000-400-9331,448,911300,0000
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS 34,719,85134,856,10231,860,607

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/09
Audited
Balance
6/30/10
Estimated
Balance
6/30/11
Estimated
Balance
6/30/12
Unassigned:
  General Operating Budget689,319655,848513,346513,346
  Repayment of Debt414554550
Restricted for Specific Purposes:
  General Operating Budget:
      Capital Reserve2,175,791732,522476,427476,427
      Adult Education Programs0000
      Maintenance Reserve77,17777,47577,57577,575
      Legal Reserve1,139,0051,215,750646,5560
      Tuition Reserve0000
      Current Expense Emergency Reserve200,000201,556201,856201,856
  Restricted for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2008-09
Actual
2009-10
Actual
2010-11
Original
Budget
2010-11
Revised
Budget
2011-12
Proposed
Budget
Total Comparative Per Pupil Cost13,03812,93913,20913,37214,034
Total Classroom Instruction7,8197,6777,9778,0828,506
Classroom-Salaries and Benefits7,2357,2037,6217,6447,977
Classroom-General Supplies and Textbooks510420303391474
Classroom-Purchased Services and Other7353524756
Total Support Services2,0592,1342,1352,1362,280
Support Services-Salaries and Benefits1,8011,9221,9301,9292,044
Total Administrative Costs1,4541,4381,4791,4701,462
Administration-Salaries and Benefits1,1851,2021,1851,1701,146
Legal Costs033363638
Total Operations and Maintenance of Plant1,4761,4591,3391,4061,502
Operations & Maintenance of Plant-Salary & Ben.685710362363381
Total Food Services Costs00000
Total Extracurricular Costs133122158159168
Total Equipment Costs2241440403
Employee Benefits as a % of Salaries24.827.730.730.730

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2011 Taxpayers Guide to Education Spending (formerly Comparative Spending Guide) and can be found on the Department of Education's Internet address: http://www.state.nj.us/education under Finance. This publication is available in the board office and public libraries. The same calculations were performed using the 2010-11 revised appropriations and 2011-12 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
  • Tewksbury Township School District - Shared Technology Services
  • Hunterdon County Educational Services Commission - Special Education
  • Transportation Routes, cooperative bidding for office supplies, physical
  • education supplies, custodial supplies, maintenance purchased services,
  • science supplies.
  • Rutgers Green Purchasing Cooperative
  • Township of Readington - Fuel purchases, salt purchases, municipal sewer,
  • Township Recreation extensive use of school facilities for activities and
  • summer recreation.
  • ACES cooperative purchases for Electric and Natural Gas
  • ACT cooperative purchases of telecommunications services
  • County of Hunterdon and Township of Readington - elections

 

Estimated Tax Rate Information
A. Estimated 11-12 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy27,564,566 (A)
Estimated Net Taxable Valuation (as of 01/24/2011)2,740,179,505 (B)
Estimated 11-12 General Fund School Tax Rate=(A)/(B)x1001.0059 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy29,496,733 (D)
Estimated Net Taxable Valuation (as of 01/24/2011)2,740,179,505 (E)
Estimated 11-12 Total School Tax Rate=(D)/(E)x1001.0765 (F)
B. Estimated 11-12 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy27,564,566 (G)
Estimated Equalized Valuation (as of 02/18/2011)2,740,551,605 (H)
Estimated 11-12 Equalized General Fund School Tax Rate=(G)/(H)x1001.0058 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy29,496,733 (J)
Estimated Equalized Valuation (as of 02/18/2011)2,740,551,605 (K)
Estimated 11-12 Equalized Total School Tax Rate=(J)/(K)x1001.0763 (L)

 

Administrative Salaries
Employee Name: Donald Thornton 
Job TitleCoordinator/Dir./Mgr./Supvr. 
Base Annual Salary93,195 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2010 
  Ending Date of Contract06/30/2011 
  Contracted Number of Annual Work Days
  Contracted Number of Annual Vacation Days 22 
  Contracted Number of Annual Sick Days 12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Joseph Pellegrino 
Job TitleCoordinator/Dir./Mgr./Supvr. 
Base Annual Salary124,695 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Shared County 
Shared District5180 
Shared Job Title 
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2010 
  Ending Date of Contract06/30/2011 
  Contracted Number of Annual Work Days
  Contracted Number of Annual Vacation Days 22 
  Contracted Number of Annual Sick Days 12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Robert Gulick 
Job TitleSuperintendent 
Base Annual Salary155,000 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract01/01/1911 
  Ending Date of Contract06/30/1911 
  Contracted Number of Annual Work Days
  Contracted Number of Annual Vacation Days
  Contracted Number of Annual Sick Days
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of Contract 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Steffi-Jo DeCasas 
Job TitleBusiness Administrator 
Base Annual Salary136,341 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2010 
  Ending Date of Contract06/30/2011 
  Contracted Number of Annual Work Days
  Contracted Number of Annual Vacation Days 22 
  Contracted Number of Annual Sick Days 12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances1,500 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount3,600 
  Description of: 
   Buyback of Sick Days at the End of ContractAssociation contract is $7,000 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments