05/01/2009 HUNTERDON - KINGWOOD TWP
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2007 October 15, 2008 October 15, 2009
Actual Actual Estimated
Pupils on Roll Regular Full-Time 415 415 418
Pupils on Roll - Special Full-Time 48 38 32
Private School Placements 2 2 1
Pupils Sent to Other Districts-Reg Prog 2
HUNTERDON - KINGWOOD TWP
Advertised Revenues
Budget Category Account 2007-08 2008-09 2009-10
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 88,006 51,960 76,260
Transfers from Other Funds 10-5200 73
Revenues from Local Sources:
Local Tax Levy 10-1210 4,774,618 4,940,603 5,045,985
Interest Earned on Capital Reserve Funds 10-1XXX 3,017 1,000 500
Unrestricted Miscellaneous Revenues 10-1XXX 66,055 25,000 15,000
SUBTOTAL 4,843,690 4,966,603 5,061,485
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 853,693
Transportation Aid 10-3120 172,785
Special Education Aid 10-3130 250,608
Extraordinary Aid 10-3131 24,595 24,595
Consolidated Aid 10-3195 49,813
Additional Formula Aid 10-3196 81,915
Other State Aids 10-3XXX 27,162 5,289
Categorical Special Education Aid 10-3132 241,168 244,004
Equalization Aid 10-3176 646,945 449,971
Categorical Security Aid 10-3177 31,916 31,939
Adjustment Aid 10-3178 392,512 559,470
Categorical Transportation Aid 10-3121 138,012 165,169
SUBTOTAL 1,460,571 1,480,437 1,450,553
Adjustment for Prior Year Encumbrances 125,828
Actual Revenues (Over)/Under Expenditures -2,540
TOTAL OPERATING BUDGET 6,301,794 6,624,828 6,588,298
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Instructional Supplement Aid 20-3214 7,410
Other Restricted Entitlements 20-32XX 341
TOTAL REVENUES FROM STATE SOURCES 7,751
Revenues from Federal Sources:
Title I 20-4411-4416 12,366
I.D.E.A. Part B (Handicapped) 20-4420-4429 86,675 85,246 72,900
Other 20-4XXX 59,773 57,839 8,700
TOTAL REVENUES FROM FEDERAL SOURCES 158,814 143,085 81,600
TOTAL GRANTS AND ENTITLEMENTS 166,565 143,085 81,600
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 23,214
Revenues from Local Sources:
Local Tax Levy 40-1210 253,773 230,459 253,373
TOTAL REVENUES FROM LOCAL SOURCES 253,773 230,459 253,373
TOTAL LOCAL REPAYMENT OF DEBT 253,773 253,673 253,373
TOTAL REPAYMENT OF DEBT 253,773 253,673 253,373
TOTAL REVENUES/SOURCES 6,722,132 7,021,586 6,923,271
HUNTERDON - KINGWOOD TWP
Advertised Appropriations
Budget Category Account 2007-08 2008-09 2009-10
Expenditures Rev. Approp. Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX 2,117,630 2,087,727 2,219,957
Special Education 11-2XX-100-XXX 630,637 709,654 659,981
Basic Skills/Remedial 11-230-100-XXX 90,543 120,143 120,790
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 21,746 24,185 24,650
School Sponsored Athletics 11-402-100-XXX 16,451 24,303 22,206
Support Services:
Tuition 11-000-100-XXX 9,940 48,000 51,500
Health Services 11-000-213-XXX 53,183 54,849 58,788
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217 157,700 112,176 107,717
Guidance 11-000-218-XXX 77,476 89,186 92,579
Child Study Teams 11-000-219-XXX 240,410 250,933 232,032
Improvement of Instructional Services 11-000-221-XXX 42,343 68,300 64,800
Educational Media Services - School Library 11-000-222-XXX 141,925 126,464 129,956
Instructional Staff Training Services 11-000-223-XXX 15,627 25,770 30,000
General Administration 11-000-230-XXX 246,025 313,604 282,380
School Administration 11-000-240-XXX 145,230 160,534 160,402
Central Svcs & Admin Info Technology 11-000-25X-XXX 168,365 197,490 197,151
Operation and Maintenance of Plant Services 11-000-26X-XXX 688,313 616,673 636,943
Student Transportation Services 11-000-270-XXX 415,302 459,822 480,566
Personal Services - Employee Benefits 11-XXX-XXX-2XX 817,103 1,035,459 1,015,400
Total Support Services Expenditures 3,218,942 3,559,260 3,540,214
TOTAL GENERAL CURRENT EXPENSE 6,095,949 6,525,272 6,587,798
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-604 168,017
Interest Earned on Capital Reserve 10-604 1,000 500
Equipment 12-XXX-XXX-73X 37,828 60,006
Facilities Acquisition and Construction Services 12-000-4XX-XXX 38,550
TOTAL CAPITAL EXPENDITURES 205,845 99,556 500
OPERATING BUDGET GRAND TOTAL 6,301,794 6,624,828 6,588,298
SPECIAL GRANTS AND ENTITLEMENTS
Instruction 20-214-100-XXX 7,410
TOTAL INSTRUCTIONAL SUPPLEMENT AID 7,410
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX 341
Total State Projects 7,751
Federal Projects:
Title I 20-XXX-XXX-XXX 12,366
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 86,675 85,246 72,900
Other Special Projects 20-XXX-XXX-XXX 59,773 57,839 8,700
Total Federal Projects 158,814 143,085 81,600
TOTAL GRANTS AND ENTITLEMENTS 166,565 143,085 81,600
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 253,773 253,673 253,373
TOTAL REPAYMENT OF DEBT 253,773 253,673 253,373
Total Expenditures 6,722,132 7,021,586 6,923,271
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 6,722,132 7,021,586 6,923,271
HUNTERDON - KINGWOOD TWP
Advertised Recapitulation of Balance
Audited Audited Estimated Estimated
Balance Balance Balance Balance
Budget Category 6/30/2007 6/30/2008 6/30/2009 6/30/2010
Unreserved:
General Operating Budget 265,137 279,884 250,000 250,000
Repayment of Debt 23,214 23,214 0 0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve 63,558 231,575 232,575 233,075
Adult Education Programs 0 0 0 0
Maintenance Reserve 0 0 0 0
Legal Reserve 167,700 151,599 76,260 0
Tuition Reserve 0 0 0 0
Current Expense Emergency Reserve 0 0 0 0
Reserved for Repayment of Debt 0 0 0 0
HUNTERDON - KINGWOOD TWP
Advertised Per Pupil Cost Calculations
2009 - 2010
2006-07 2007-08 2008-09 2008-09 2009-2010
Actual Actual Original Revised Proposed
Budget Budget Budget
Per Pupil Cost Calculations: (1) (2) (3) (4) (5)
Total Comparative Per Pupil Cost 11281 12314 13059 13284 13457
Total Classroom Instruction 7004 7326 7547 7949 8146
Classroom-Salaries and Benefits 6153 6544 6972 7236 7287
Classroom-General Supplies and Textbooks 689 698 512 633 738
Classroom-Purchased Services and Other 162 85 63 80 121
Total Support Services 1460 1856 1878 1931 1909
Support Services-Salaries and Benefits 1248 1568 1507 1558 1571
Total Administrative Costs 1354 1433 1663 1774 1717
Administration-Salaries and Benefits 1132 1246 1339 1396 1456
Total Operations and Maintenance of Plant 1367 1594 1472 1493 1550
Operations & Maintenance of Plant-Salary & Ben. 520 574 612 633 665
Total Food Services Costs 0 0
Total Extracurricular Costs 89 97 124 128 124
Total Equipment Costs 35 82 0 132 0
Employee Benefits as a % of Salaries 22.7 21.4 25.3 26.3 25.4
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.
HUNTERDON - KINGWOOD TWP
Unusual Revenues and Appropriations
___________________________________
Line Number Revenue Source or 09-10 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 enviroment 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 insur-
ance 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 Holland, Milford, and Alexandria School Districts.
Furthermore, we participate in the Federal Universal Service Program
(E-Rate) and although we applied for a waiver we will still be partici-
pating in the Special Education Medicaid Initiative Program (SEMI).
HUNTERDON - KINGWOOD TWP
22a. Estimated Tax Rate Information
______________________________
A. Estimated 09-10 School Tax Rate
__________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 5,045,985 (A)
Estimated Net Taxable Valuation (as of 02/18/2009 ) 706,267,500 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)X100 0.7145 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,299,358 (D)
Estimated Net Taxable Valuation (as of 02/18/2009 ) 706,267,500 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)X100 0.7503 (F)
B. Estimated 09-10 Equalized School Tax Rate
____________________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 5,045,985 (G)
Estimated Equalized Valuation (as of 10/01/2008 ) 712,172,558 (H)
Estimated 09-10 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.7085 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,299,358 (J)
Estimated Equalized Valuation (as of 10/01/2008 ) 712,172,558 (K)
Estimated 09-10 Equalized Total School
Tax Rate=(J)/(K)X100 0.7441 (L)
HUNTERDON - KINGWOOD TWP
17. Salaries and Benefits of Certain District Employees
Name Laura Hartner
Job Title Superintendent
Base Annual Salary 127,000
FTE 1
Shared with Another District? N
Contract Terms:
Beginning Date of Contract 07/01/2006
Ending Date of Contract 06/30/2009
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 17,000
Bonuses 0
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 240
Dental Insurance 0
Life Insurance 0
Other Insurances 0
Retirement Plans 0
Post-Employment Benefits 12,000
Description of:
Buyback of Sick Days Upon Retirement/Teachers get $8,000
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 100,000
FTE 1
Shared with Another District? N
Contract Terms:
Beginning Date of Contract 07/01/2008
Ending Date of Contract 06/30/2009
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 14,700
Bonuses 0
Stipends 0
District Contributions above Teacher amount for:
Health Insurance 240
Dental Insurance 0
Life Insurance 0
Other Insurances 0
Retirement Plans 0
Post-Employment Benefits 8,000
Description of:
Buyback of Sick Days Upon retirement/Teachers get $8,000
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 Kenneth Foy
Job Title Other
Principal
Base Annual Salary 94,050
FTE 1
Shared with Another District? N
Contract Terms:
Beginning Date of Contract 07/01/2008
Ending Date of Contract 06/30/2009
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 13,200
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 4,000
Description of:
Buyback of Sick Days Upon Retirement/Teachers get $8,000
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