03/29/2012 HUNTERDON - KINGWOOD TWP
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2010 October 15, 2011 October 15, 2012
Actual Actual Estimated
Pupils on Roll Regular Full-Time 387 373 363
Pupils on Roll - Special Full-Time 41 40 43
Subtotal - Pupils On Roll 428 413 406
Private School Placements 1 1 1
Pupils Received 7 6 4
HUNTERDON - KINGWOOD TWP
Advertised Revenues
Budget Category Account 2010-11 2011-12 2012-13
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 111,179 106,058
Withdrawal from Cap Res-for Local Share 10-307 228,910
Transfers from Other Funds 10-5200 2,144
Revenues from Local Sources:
Local Tax Levy 10-1210 5,172,767 5,173,467 5,263,158
Tuition 10-1300 22,000 6,000 6,000
Interest Earned on Capital Reserve Funds 10-1XXX 3,015 500 500
Unrestricted Miscellaneous Revenues 10-1XXX 45,402 9,000 9,000
SUBTOTAL 5,243,184 5,188,967 5,278,658
Revenues from State Sources:
Extraordinary Aid 10-3131 69,122 69,122
Other State Aids 10-3XXX 2,525 2,525
Categorical Special Education Aid 10-3132 232,566 232,566 244,679
Equalization Aid 10-3176 458,092 458,092 482,045
Categorical Security Aid 10-3177 30,927 30,927 30,646
Adjustment Aid 10-3178 244,701 310,584 301,174
Categorical Transportation Aid 10-3121 155,247 155,247 159,182
SUBTOTAL 1,193,180 1,259,063 1,217,726
Revenues from Federal Sources:
Education Jobs Fund 18-4522 49,579
SUBTOTAL 49,579
Adjustment for Prior Year Encumbrances 102,862
Actual Revenues (Over)/Under Expenditures 59,686
TOTAL OPERATING BUDGET 6,727,104 6,711,650 6,602,442
GRANTS AND ENTITLEMENTS
Revenues from Federal Sources:
Title I 20-4411-4416 5,753 8,437 7,172
Title II 20-4451-4455 10,298 9,528 8,099
I.D.E.A. Part B (Handicapped) 20-4420-4429 84,827 82,393 70,034
Other 20-4XXX 47,134 42,336
TOTAL REVENUES FROM FEDERAL SOURCES 148,012 142,694 85,305
TOTAL GRANTS AND ENTITLEMENTS 148,012 142,694 85,305
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 14,334
Revenues from Local Sources:
Local Tax Levy 40-1210 252,873 252,173 232,894
TOTAL REVENUES FROM LOCAL SOURCES 252,873 252,173 232,894
TOTAL LOCAL REPAYMENT OF DEBT 252,873 252,173 247,228
TOTAL REPAYMENT OF DEBT 252,873 252,173 247,228
TOTAL REVENUES/SOURCES 7,127,989 7,106,517 6,934,975
HUNTERDON - KINGWOOD TWP
Advertised Appropriations
Budget Category Account 2010-11 2011-12 2012-13
Expenditures Rev. Approp. Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX 2,027,723 2,114,879 2,042,901
Special Education 11-2XX-100-XXX 580,253 646,365 577,001
Basic Skills/Remedial 11-230-100-XXX 125,322 128,545 188,897
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 18,756 19,448 24,120
School Sponsored Athletics 11-402-100-XXX 17,762 23,817 27,205
Support Services:
Tuition 11-000-100-XXX 23,527 74,307 118,025
Health Services 11-000-213-XXX 62,210 63,190 63,325
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217 61,673 78,586 81,379
Guidance 11-000-218-XXX 40,299 77,781 69,641
Child Study Teams 11-000-219-XXX 254,344 257,231 263,473
Improvement of Instructional Services 11-000-221-XXX 34,920 46,800 36,500
Educational Media Services - School Library 11-000-222-XXX 144,925 151,784 170,436
Instructional Staff Training Services 11-000-223-XXX 6,040 34,500 23,340
General Administration 11-000-230-XXX 214,186 239,903 221,384
School Administration 11-000-240-XXX 147,524 144,963 139,673
Central Svcs & Admin Info Technology 11-000-25X-XXX 202,975 213,002 212,202
Operation and Maintenance of Plant Services 11-000-26X-XXX 671,630 687,728 597,006
Student Transportation Services 11-000-270-XXX 365,719 440,753 424,924
Deposit to Current Expense Emergency Reserve 10-607 75,000
Personal Services - Employee Benefits 11-XXX-XXX-2XX 1,060,274 1,237,725 1,278,200
Total Support Services Expenditures 3,290,246 3,748,253 3,699,508
TOTAL GENERAL CURRENT EXPENSE 6,135,062 6,681,307 6,559,632
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-604 302,144
Interest Earned on Capital Reserve 10-604 3,015 500 500
Equipment 12-XXX-XXX-73X 44,621 22,060 31,536
Facilities Acquisition and Construction Services 12-000-4XX-XXX 13,352 7,783 10,774
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931 228,910
TOTAL CAPITAL EXPENDITURES 592,042 30,343 42,810
OPERATING BUDGET GRAND TOTAL 6,727,104 6,711,650 6,602,442
SPECIAL GRANTS AND ENTITLEMENTS
Title I 20-XXX-XXX-XXX 5,753 8,437 7,172
Federal Projects:
Title II 20-XXX-XXX-XXX 10,298 9,528 8,099
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 84,827 82,393 70,034
Other Special Projects 20-XXX-XXX-XXX 47,134 42,336
Total Federal Projects 148,012 142,694 85,305
TOTAL GRANTS AND ENTITLEMENTS 148,012 142,694 85,305
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 252,873 252,173 247,228
TOTAL REPAYMENT OF DEBT 252,873 252,173 247,228
Total Expenditures 7,127,989 7,106,517 6,934,975
DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
0250XLocal Contribution - Transfer to Special Revenue 11-1XX-100-93X
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 7,127,989 7,106,517 6,934,975
HUNTERDON - KINGWOOD TWP
Advertised Recapitulation of Balance
Audited Audited Estimated Estimated
Balance Balance Balance Balance
Budget Category 6/30/2010 6/30/2011 6/30/2012 6/30/2013
Unrestricted:
General Operating Budget 352,503 321,647 250,000 250,000
Repayment of Debt 0 0 14,334 0
Restricted for Specific Purposes:
General Operating Budget:
Capital Reserve 540,194 616,443 616,943 617,443
Adult Education Programs 0 0 0 0
Maintenance Reserve 75,000 75,000 75,000 75,000
Legal Reserve 230,099 232,577 106,058 0
Tuition Reserve 0 0 0 0
Current Expense Emergency Reserve 0 75,000 75,000 75,000
Repayment of Debt:
Restricted for Repayment of Debt 0 0 0 0
HUNTERDON - KINGWOOD TWP
Advertised Per Pupil Cost Calculations
2012 - 2013
2009-10 2010-11 2011-12 2011-12 2012-2013
Actual Actual Original Revised Proposed
Budget Budget Budget
Per Pupil Cost Calculations: (1) (2) (3) (4) (5)
Total Budgetary Comparative Per Pupil Cost 12712 13057 14314 15281 15250
Total Classroom Instruction 7661 8019 8542 8958 9003
Classroom-Salaries and Benefits 6923 7365 7705 8051 8307
Classroom-General Supplies and Textbooks 492 521 686 731 530
Classroom-Purchased Services and Other 246 133 151 176 166
Total Support Services 1707 1748 1915 2150 2167
Support Services-Salaries and Benefits 1487 1516 1583 1771 1686
Total Administrative Costs 1615 1636 1758 1827 1810
Administration-Salaries and Benefits 1437 1459 1530 1558 1585
Legal Costs 0 19 31 31 25
Total Operations and Maintenance of Plant 1793 1717 1627 1852 1669
Operations & Maintenance of Plant-Salary & Ben. 645 669 728 768 789
Board Contribution to Food Services 0 0 0 0 0
Total Extracurricular Costs 95 102 123 129 156
Total Equipment Costs 114 104 9 53 78
Employee Benefits as a % of Salaries 23.2 28.6 32.2 32.2 33.5
The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
are contained in the 2012 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, when available. This
publication is available in the board office and public libraries. The same calculations were performed using the 2011-12
revised appropriations and 2012-13 budgeted appropriations presented in this advertised budget. Total Budgetary 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 Budgetary
comparative per pupil cost, although all components are not shown.
HUNTERDON - KINGWOOD TWP
Unusual Revenues and Appropriations
___________________________________
Line Number Revenue Source or 12-13 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 with New Jersey School Boards Association Insurance Group - ERIC WEST.
We participate in the Alliance for Competive Energy Service (ACES) - for
our electric, the Hunterdon County Education Services Commission and the
Middlesex County Education Services Commission for cooperative bidding of
supplies.
Also, we are part of the Delaware Valley Regional Transportation Jointure
for bothe regular and special education busing and share our internet and
technology services the Delaware Valley Regional Consortium. In addition,
we are in an shared hourly agreement with the Delaware Valley Regional
High School for electrical/HVAC services.
Furthermore, we participate in the Federal Universal Service Program
(E-Rate), NJ SmartStart for clean energy grants, NJ State Contracts and
Federal REAP Grants.
HUNTERDON - KINGWOOD TWP
22a. Estimated Tax Rate Information
______________________________
A. Estimated 12-13 School Tax Rate
__________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 5,263,158 (A)
Estimated Net Taxable Valuation (as of 02/28/2012 ) 608,256,896 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100 0.8653 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,496,052 (D)
Estimated Net Taxable Valuation (as of 02/28/2012 ) 608,256,896 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)X100 0.9036 (F)
B. Estimated 12-13 Equalized School Tax Rate
____________________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 5,263,158 (G)
Estimated Equalized Valuation (as of 02/28/2012 ) 639,241,772 (H)
Estimated 12-13 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.8233 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,496,052 (J)
Estimated Equalized Valuation (as of 02/28/2012 ) 639,241,772 (K)
Estimated 12-13 Equalized Total School
Tax Rate=(J)/(K)X100 0.8598 (L)
HUNTERDON - KINGWOOD TWP
17. Salaries and Benefits of Certain District Employees
Name Rick Falkenstein
Job Title Superintendent
Base Annual Salary 143,500
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 06/30/2014
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 2,220
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 109,150
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 07/01/2011
Ending Date of Contract 06/30/2012
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 2,700
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 Scott Yerger
Job Title Assistant Principal
Base Annual Salary 83,000
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 07/01/2011
Ending Date of Contract 06/30/2012
Annual Work Days 245
Annual Vacation Days 20
Annual Sick Days 12
Annual Personal Days 3
Annual Consulting Days 0
Other Non-working days 0
Description-Other Non-working Days
Benefits:
Allowances 6,160
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 8,000
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 Leslie Callanan
Job Title Coordinator/Dir./Mgr./Supvr.
Base Annual Salary 76,500
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 07/01/2011
Ending Date of Contract 06/30/2012
Annual Work Days 186
Annual Vacation Days 0
Annual Sick Days 10
Annual Personal Days 3
Annual Consulting Days 0
Other Non-working days 0
Description-Other Non-working Days
Benefits:
Allowances 6,000
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 8,000
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