05/11/2011 HUNTERDON - KINGWOOD TWP
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2009 October 15, 2010 October 15, 2011
Actual Actual Estimated
Pupils on Roll Regular Full-Time 409 387 390
Pupils on Roll - Special Full-Time 41 41 42
Subtotal - Pupils On Roll 450 428 432
Private School Placements 1 1 1
Pupils Received 5 7 2
HUNTERDON - KINGWOOD TWP
Advertised Revenues
Budget Category Account 2009-10 2010-11 2011-12
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 202,874 111,179
Withdrawal from Cap Res-for Local Share 10-307 31,351
Transfers from Other Funds 10-5200 47,334
Revenues from Local Sources:
Local Tax Levy 10-1210 5,045,985 5,172,767 5,173,467
Tuition 10-1300 15,700 6,000
Interest Earned on Capital Reserve Funds 10-1XXX 3,406 500 500
Unrestricted Miscellaneous Revenues 10-1XXX 40,523 15,000 9,000
SUBTOTAL 5,105,614 5,188,267 5,188,967
Revenues from State Sources:
Extraordinary Aid 10-3131 99,485
Other State Aids 10-3XXX 3,018
Categorical Special Education Aid 10-3132 244,004 232,566 232,566
Equalization Aid 10-3176 368,325 458,092 458,092
Categorical Security Aid 10-3177 31,939 30,927 30,927
Adjustment Aid 10-3178 451,620 244,701 310,584
Categorical Transportation Aid 10-3121 165,169 155,247 155,247
SUBTOTAL 1,363,560 1,121,533 1,187,416
Revenues from Federal Sources:
Equalization Aid - ARRA ESF 16-4520 78,603
Equalization Aid - ARRA GSF 17-4521 3,043
Education Jobs Fund 18-4522 48,073
SUBTOTAL 81,646 48,073
Adjustment for Prior Year Encumbrances 134,170
Actual Revenues (Over)/Under Expenditures -180,988
TOTAL OPERATING BUDGET 6,448,517 6,646,844 6,535,635
GRANTS AND ENTITLEMENTS
Revenues from Federal Sources:
Title I 20-4411-4416 5,753 4,890
Title II 20-4451-4455 10,285 8,745
I.D.E.A. Part B (Handicapped) 20-4420-4429 84,251 84,827 72,115
Other 20-4XXX 153,461 47,147
TOTAL REVENUES FROM FEDERAL SOURCES 237,712 148,012 85,750
TOTAL GRANTS AND ENTITLEMENTS 237,712 148,012 85,750
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 253,373 252,873 252,173
TOTAL REVENUES FROM LOCAL SOURCES 253,373 252,873 252,173
TOTAL LOCAL REPAYMENT OF DEBT 253,373 252,873 252,173
TOTAL REPAYMENT OF DEBT 253,373 252,873 252,173
TOTAL REVENUES/SOURCES 6,939,602 7,047,729 6,873,558
HUNTERDON - KINGWOOD TWP
Advertised Appropriations
Budget Category Account 2009-10 2010-11 2011-12
Expenditures Rev. Approp. Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX 2,109,905 2,177,228 2,091,179
Special Education 11-2XX-100-XXX 618,793 654,455 661,986
Basic Skills/Remedial 11-230-100-XXX 119,624 124,908 126,290
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 19,706 19,190 19,448
School Sponsored Athletics 11-402-100-XXX 16,188 23,290 23,339
Support Services:
Tuition 11-000-100-XXX 504 49,282 46,595
Health Services 11-000-213-XXX 61,258 61,517 61,299
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217 81,041 78,331 75,992
Guidance 11-000-218-XXX 84,861 64,880 51,227
Child Study Teams 11-000-219-XXX 229,436 256,223 255,699
Improvement of Instructional Services 11-000-221-XXX 46,348 48,600 46,800
Educational Media Services - School Library 11-000-222-XXX 125,712 136,657 135,305
Instructional Staff Training Services 11-000-223-XXX 10,595 22,280 34,500
General Administration 11-000-230-XXX 261,066 249,458 230,644
School Administration 11-000-240-XXX 154,388 164,761 160,351
Central Svcs & Admin Info Technology 11-000-25X-XXX 188,998 215,277 207,655
Deposit to Maintenance Reserve 10-606 75,000
Operation and Maintenance of Plant Services 11-000-26X-XXX 748,932 726,447 626,319
Student Transportation Services 11-000-270-XXX 364,210 443,877 438,229
Personal Services - Employee Benefits 11-XXX-XXX-2XX 893,775 1,099,622 1,230,495
Total Support Services Expenditures 3,251,124 3,617,212 3,601,110
TOTAL GENERAL CURRENT EXPENSE 6,210,340 6,616,283 6,523,352
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-604 152,334
Interest Earned on Capital Reserve 10-604 3,406 500 500
Equipment 12-XXX-XXX-73X 51,086 16,709 4,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX 13,352 7,783
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931 31,351
TOTAL CAPITAL EXPENDITURES 238,177 30,561 12,283
OPERATING BUDGET GRAND TOTAL 6,448,517 6,646,844 6,535,635
SPECIAL GRANTS AND ENTITLEMENTS
Title I 20-XXX-XXX-XXX 5,753 4,890
Federal Projects:
Title II 20-XXX-XXX-XXX 10,285 8,745
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 84,251 84,827 72,115
Other Special Projects 20-XXX-XXX-XXX 153,461 47,147
Total Federal Projects 237,712 148,012 85,750
TOTAL GRANTS AND ENTITLEMENTS 237,712 148,012 85,750
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 253,373 252,873 252,173
TOTAL REPAYMENT OF DEBT 253,373 252,873 252,173
Total Expenditures 6,939,602 7,047,729 6,873,558
DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
11-1XX-100-930
Capital Reserve - Transfer to Repayment of Debt 12-000-400-933
Transfer Property Sale Proceeds to Debt Svc Res 11-000-520-934
TOTAL EXPENDITURES NET OF TRANSFERS 6,939,602 7,047,729 6,873,558
HUNTERDON - KINGWOOD TWP
Advertised Recapitulation of Balance
Audited Audited Estimated Estimated
Balance Balance Balance Balance
Budget Category 6/30/2009 6/30/2010 6/30/2011 6/30/2012
Unassigned:
General Operating Budget 279,916 352,503 250,000 250,000
Repayment of Debt 0 0 0 0
Restricted for Specific Purposes:
General Operating Budget:
Capital Reserve 415,805 540,194 540,694 541,194
Adult Education Programs 0 0 0 0
Maintenance Reserve 0 75,000 75,000 75,000
Legal Reserve 197,343 230,099 111,179 0
Tuition Reserve 0 0 0 0
Current Expense Emergency Reserve 0 0 0 0
Restricted for Repayment of Debt 0 0 0 0
HUNTERDON - KINGWOOD TWP
Advertised Per Pupil Cost Calculations
2011 - 2012
2008-09 2009-10 2010-11 2010-11 2011-2012
Actual Actual Original Revised Proposed
Budget Budget Budget
Per Pupil Cost Calculations: (1) (2) (3) (4) (5)
Total Comparative Per Pupil Cost 12503 12537 13302 14626 14314
Total Classroom Instruction 7561 7661 7959 8600 8542
Classroom-Salaries and Benefits 6831 6923 7408 7614 7705
Classroom-General Supplies and Textbooks 688 492 456 828 686
Classroom-Purchased Services and Other 43 246 95 158 151
Total Support Services 1784 1707 1909 1919 1915
Support Services-Salaries and Benefits 1459 1487 1601 1609 1583
Total Administrative Costs 1518 1615 1714 1796 1758
Administration-Salaries and Benefits 1329 1437 1466 1494 1530
Legal Costs 0 19 34 47 35
Total Operations and Maintenance of Plant 1535 1793 1594 1852 1627
Operations & Maintenance of Plant-Salary & Ben. 606 645 703 696 728
Total Food Services Costs 0 0 0 0 0
Total Extracurricular Costs 97 95 116 120 123
Total Equipment Costs 156 114 0 39 9
Employee Benefits as a % of Salaries 20.7 23.2 28.0 28.6 32.2
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 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 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.
HUNTERDON - KINGWOOD TWP
Unusual Revenues and Appropriations
___________________________________
Line Number Revenue Source or 11-12 Amount Description of circumstances
Approp. Due to
Total Unusual Revenues:
0 Total Unusual Appropriations: 0
HUNTERDON - KINGWOOD TWP
Shared Services -- Description of Shared Services
_________________________________________________
In the ever-changing environment of financing education, the Kingwood
Township Board of Education participates in many shared services and cost
effective programs.
For example, our property, liability and workers compensation insurance
is through New Jersey School Boards Association Insurance Group - ERIC
WEST. We participate in the Alliance for Competitive Energy Service
(ACES) - for our electric, the Hunterdon County Education Services
Commission for cooperative bidding for general supplies, including paper
and oil, and the ACT telecommunications program offered through New
Jersey Association of School Business Officials.
Also, we are part of the Delaware Valley Regional Transportation Jointure
for both regular and special education busing and share our internet
service with the Delaware Valley Regional Consortium.
Furthermore, we participate in the Federal Universal Service Program
(E-Rate), NJ SmartStart for clean energy grants, NJ State Contracts,
Federal REAP Grant and although we applied for a waiver we still part-
icipate in the Special Education Medicaid Initiative Program (SEMI).
This year we are in a shared hourly arrangement with Frenchtown for
technology service and with the Delaware Valley Regional High School
for electrical/hvac service.
HUNTERDON - KINGWOOD TWP
22a. Estimated Tax Rate Information
______________________________
A. Estimated 11-12 School Tax Rate
__________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 5,173,467 (A)
Estimated Net Taxable Valuation (as of 01/24/2011 ) 608,138,112 (B)
Estimated 11-12 General Fund School Tax Rate=(A)/(B)X100 0.8507 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,425,640 (D)
Estimated Net Taxable Valuation (as of 01/24/2011 ) 608,138,112 (E)
Estimated 11-12 Total School Tax Rate=(D)/(E)X100 0.8922 (F)
B. Estimated 11-12 Equalized School Tax Rate
____________________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 5,173,467 (G)
Estimated Equalized Valuation (as of 01/24/2011 ) 660,454,363 (H)
Estimated 11-12 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.7833 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,425,640 (J)
Estimated Equalized Valuation (as of 01/24/2011 ) 660,454,363 (K)
Estimated 11-12 Equalized Total School
Tax Rate=(J)/(K)X100 0.8215 (L)
HUNTERDON - KINGWOOD TWP
17. Salaries and Benefits of Certain District Employees
Name Rick Falkensteing
Job Title Superintendent
Base Annual Salary 140,000
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 09/09/2010
Ending Date of Contract 07/01/2014
Annual Work Days 245
Annual Vacation Days 20
Annual Sick Days 12
Annual Personal Days 5
Annual Consulting Days 0
Other Non-working days 0
Description-Other Non-working Days
Benefits:
Allowances 7,360
Bonuses 0
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 0
Dental Insurance 0
Life Insurance 0
Other Insurances 0
Retirement Plans 0
Post-Employment Benefits 15,000
Description of:
Buyback of Sick Days
Buyback of Vac. Days
Buyback of Personal Days
Other Post-Emp. Benefits
Other Post-Emp. Benefits
Other Post-Emp. Benefits
In-Kind and Other Remuneration 0
Description of:
Annual Buyback of Sick Days
Annual Buyback of Vac. Days
Annual Buyback of Personal Days
All Other In-Kind/Remuneration
Additional Comments
HUNTERDON - KINGWOOD TWP
17. Salaries and Benefits of Certain District Employees
Name Bobbie Beriont
Job Title Business Administrator
Base Annual Salary 107,010
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 07/01/2010
Ending Date of Contract 06/30/2011
Annual Work Days 245
Annual Vacation Days 20
Annual Sick Days 12
Annual Personal Days 5
Annual Consulting Days 0
Other Non-working days 0
Description-Other Non-working Days
Benefits:
Allowances 6,350
Bonuses 0
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 0
Dental Insurance 0
Life Insurance 0
Other Insurances 0
Retirement Plans 0
Post-Employment Benefits 15,000
Description of:
Buyback of Sick Days
Buyback of Vac. Days
Buyback of Personal Days
Other Post-Emp. Benefits
Other Post-Emp. Benefits
Other Post-Emp. Benefits
In-Kind and Other Remuneration 0
Description of:
Annual Buyback of Sick Days
Annual Buyback of Vac. Days
Annual Buyback of Personal Days
All Other In-Kind/Remuneration
Additional Comments