From: Subject: User Friendly budget Date: Wed, 2 Apr 2008 18:49:28 -0400 MIME-Version: 1.0 Content-Type: text/html; charset="Windows-1252" Content-Transfer-Encoding: quoted-printable Content-Location: file://C:\Documents and Settings\Office\Local Settings\Temporary Internet Files\Content.Outlook\G6I1K2UQ\USERFR.HTM X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2900.3198 User Friendly budget 
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 04/02/2008                                          HUNTERDON  -  =
STOCKTON BORO

                                                    Advertised =
Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006       =
  October 15, 2007         October 15, 2008
                                                      Actual             =
      Actual                 Estimated
 =20
      Pupils on Roll Regular Full-Time                        46         =
              34                       42


      Pupils on Roll - Special Full-Time                       3         =
               2                        1

      Private School Placements                                          =
               1


      Pupils Sent to Other Dists-Spec Ed Prog                            =
                                        1
      Pupils Received                                          3         =
               2                        4
 =0C


                                                     HUNTERDON - =
STOCKTON BORO

                                                      Advertised =
Revenues

      Budget Category                                        Account     =
        2006-07          2007-08          2008-09
                                                                         =
         Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303       =
                               69,197           13,808

      Revenues from Local Sources:                                       =
 =20
      Local Tax Levy                                        10-1210      =
             549,360          571,335          593,266
      Tuition                                               10-1300      =
              14,292            7,992           13,928
      Unrestricted Miscellaneous Revenues                   10-1XXX      =
               5,822
      SUBTOTAL                                                           =
             569,474          579,327          607,194

      Revenues from State Sources:                                       =
 =20
      Transportation Aid                                    10-3120      =
                 933              933
      Special Education Aid                                 10-3130      =
               3,721            3,721
      Stabilization Aid                                     10-3171      =
               2,285            2,285
      Extraordinary Aid                                     10-3131      =
                                                 4,000
      Consolidated Aid                                      10-3195      =
               5,267            5,267
      Additional Formula Aid                                10-3196      =
                 366              743
      Categorical Special Education Aid                     10-3132      =
                                                11,867
      Categorical Security Aid                              10-3177      =
                                                 2,377
      SUBTOTAL                                                           =
              12,572           12,949           18,244
      Adjustment for Prior Year Encumbrances                             =
                               23,380
      Actual Revenues (Over)/Under Expenditures                          =
              -8,179
      TOTAL OPERATING BUDGET                                             =
             573,867          684,853          639,246
      GRANTS AND ENTITLEMENTS

      Revenues from State Sources:                                       =
 =20
      Other Restricted Entitlements                         20-32XX      =
              18,284
      TOTAL REVENUES FROM STATE SOURCES                                  =
              18,284

      Revenues from Federal Sources:                                     =
 =20
      I.D.E.A. Part B (Handicapped)                         20-4420-4429 =
               8,337            7,087            7,000
      Other                                                 20-4XXX      =
              20,749           16,589           18,000
      TOTAL REVENUES FROM FEDERAL SOURCES                                =
              29,086           23,676           25,000
      TOTAL GRANTS AND ENTITLEMENTS                                      =
              47,370           23,676           25,000
      TOTAL REVENUES/SOURCES                                             =
             621,237          708,529          664,246
                                                     HUNTERDON - =
STOCKTON BORO

                                                   Advertised =
Appropriations

                Budget Category                                Account   =
       2006-07          2007-08         2008-09=20
                                                                         =
    Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      =
11-1XX-100-XXX            291,371          300,785          301,899
      Special Education                                     =
11-2XX-100-XXX             14,516           15,148           17,151
      Support Services:
      Tuition                                               =
11-000-100-XXX                              69,197           86,064
      Health Services                                       =
11-000-213-XXX              2,262           10,413            3,240
      Students - Related & Extraordinary                    =
11-000-216,217              5,725           20,374
      Child Study Teams                                     =
11-000-219-XXX              1,663            1,500            1,200
      Improvement of Instructional Services                 =
11-000-221-XXX             19,478           23,000           30,000
      Educational Media Services - School Library           =
11-000-222-XXX                189              300              300
      Instructional Staff Training Services                 =
11-000-223-XXX              6,623           10,800            4,100
      General Administration                                =
11-000-230-XXX             45,033           43,643           34,250
      School Administration                                 =
11-000-240-XXX             10,568           11,162           11,497
      Central Svcs & Admin Info Technology                  =
11-000-25X-XXX             20,105           21,133           21,690
      Operation and Maintenance of Plant Services           =
11-000-26X-XXX             77,936           82,098           73,055
      Student Transportation Services                       =
11-000-270-XXX              4,814            4,100            5,900
      Personal Services - Employee Benefits                 =
11-XXX-XXX-2XX             73,584           71,200           48,900
      Total Support Services Expenditures                                =
             267,980          368,920          320,196
      TOTAL GENERAL CURRENT EXPENSE                                      =
             573,867          684,853          639,246
      OPERATING BUDGET GRAND TOTAL                                       =
             573,867          684,853          639,246

      SPECIAL GRANTS AND ENTITLEMENTS
      Other Special Projects                                =
20-XXX-XXX-XXX             18,284
      Total State Projects                                               =
              18,284
      Federal Projects:
      I.D.E.A. Part B (Handicapped)                         =
20-XXX-XXX-XXX              8,337            7,087            7,000
      Other Special Projects                                =
20-XXX-XXX-XXX             20,749           16,589           18,000
      Total Federal Projects                                             =
              29,086           23,676           25,000
      TOTAL GRANTS AND ENTITLEMENTS                                      =
              47,370           23,676           25,000
      Total Expenditures                                                 =
             621,237          708,529          664,246

      DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
      Local Contrib-Transfer to Grants & Entitlements       =
11-1XX-100-930
      Capital Reserve - Transfer to Repayment of Debt       =
12-000-400-933

      TOTAL EXPENDITURES NET OF TRANSFERS                                =
             621,237          708,529          664,246

                                                     HUNTERDON  -  =
STOCKTON BORO

                                          Advertised Recapitulation of =
Balance

                                                              Audited    =
           Audited              Estimated             Estimated
                                                              Balance    =
           Balance               Balance               Balance
      Budget Category                                        6/30/2006   =
          6/30/2007             6/30/2008             6/30/2009

      Unreserved:
        General Operating Budget                                63,420   =
             74,173                13,808                     0
        Repayment of Debt                                            0   =
                  0                     0                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                          1   =
                  1                     1                     1
            Adult Education Programs                                 0   =
                  0                     0                     0
            Maintenance Reserve                                      0   =
                  0                     0                     0
            Legal Reserve                                            0   =
                  0                     0                     0
            Tuition Reserve                                          0   =
                  0                     0                     0
            Current Expense Emergency Reserve                        0   =
                  0                     0                     0
         Reserved for Repayment of Debt                              0   =
                  0                     0                     0
 =0C



                                                     HUNTERDON  -  =
STOCKTON BORO

                                               Advertised Per Pupil Cost =
Calculations

                                                     2008 - 2009

                                                    2005-06        =
2006-07           2007-08       2007-08       2008-2009
                                                     Actual         =
Actual           Original      Revised       Proposed
                                                                         =
             Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            =
(2)              (3)           (4)            (5)

Total Comparative Per Pupil Cost                           11435         =
  11809          11533          16988          12727
Total Classroom Instruction                                 7216         =
   7738           7355          10585           8478
Classroom-Salaries and Benefits                             7028         =
   7386           7044           9978           8085
Classroom-General Supplies and Textbooks                     117         =
    276            184            426            233
Classroom-Purchased Services and Other                        70         =
     76            128            181            160
Total Support Services                                       783         =
    777           1282           1899            927
Support Services-Salaries and Benefits                       371         =
    510            805           1141            804
Total Administrative Costs                                  1940         =
   1643           1487           2186           1604
Administration-Salaries and Benefits                        1573         =
   1200           1137           1610           1218
Total Operations and Maintenance of Plant                   1497         =
   1651           1409           2318           1718
Operations & Maintenance of Plant-Salary & Ben.              578 =
            555            553            783            663
Total Food Services Costs                                                =
                                    0              0
Total Extracurricular Costs                                              =
                                    0              0
Total Equipment Costs                                                    =
                                    0              0
Employee Benefits as a % of Salaries                        15.7         =
   18.8           17.1           17.1           11.8


 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 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.

                                                    HUNTERDON  -  =
STOCKTON BORO

                Unusual Revenues and Appropriations
                ___________________________________

Line Number   Revenue Source or               08-09 Amount           =
Description of circumstances
                Approp. Due to   =20



Total Unusual Revenues:=20
                                   0                   Total Unusual =
Appropriations:               0

                             HUNTERDON  -  STOCKTON BORO

Shared Services -- Description of Shared Services
_________________________________________________

  Shared services agreement for Business Administration with Delaware =
Towns
  hip Board of Education                                                 =
 =20

                             HUNTERDON  -  STOCKTON BORO

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                          =
582,300 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 )            =
97,479,529 (B)
Estimated 08-09 General Fund School Tax Rate=3D(A)/(B)X100           =
0.5974 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                                 =
582,300 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 )            =
97,479,529 (E)
Estimated 08-09 Total School Tax Rate=3D(D)/(E)X100                  =
0.5974 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                          =
582,300 (G)
Estimated Equalized Valuation (as of 10/01/2007 )              =
89,697,921 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=3D(G)/(H)X100                      =
0.6492 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                                 =
582,300 (J)
Estimated Equalized Valuation (as of 10/01/2007 )              =
89,697,921 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=3D(J)/(K)X100                             =
0.6492 (L)