03/07/2008 HUNTERDON - HIGH BRIDGE BORO
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2006 October 15, 2007 October 15, 2008
Actual Actual Estimated
Pupils on Roll Regular Full-Time 350 328 334
Pupils on Roll - Special Full-Time 80 77 68
Pupils Received 3 2
HUNTERDON - HIGH BRIDGE BORO
Advertised Revenues
Budget Category Account 2006-07 2007-08 2008-09
Actual Revised Anticipated
OPERATING BUDGET
Revenues from Local Sources:
Local Tax Levy 10-1210 4,311,838 4,483,896 4,663,252
Tuition 10-1300 117,964 119,449 69,439
Interest Earned on Capital Reserve Funds 10-1XXX 154 200 100
Unrestricted Miscellaneous Revenues 10-1XXX 25,444 13,000 24,811
SUBTOTAL 4,455,400 4,616,545 4,757,602
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 720,874 720,874
Supplemental Core Curriculum Standards Aid 10-3112 257,603 257,603
Transportation Aid 10-3120 11,617 11,617
Special Education Aid 10-3130 428,716 428,716
Bilingual Education 10-3140 4,672 4,672
Stabilization Aid 10-3171 29,686 29,686
Extraordinary Aid 10-3131 26,221
Consolidated Aid 10-3195 48,825 48,825
Additional Formula Aid 10-3196 45,060 91,472
Other State Aids 10-3XXX 2,204 28,782
Categorical Special Education Aid 10-3132 200,793
Equalization Aid 10-3176 1,081,268
Categorical Security Aid 10-3177 28,220
Adjustment Aid 10-3178 304,168
Categorical Transportation Aid 10-3121 10,508
SUBTOTAL 1,575,478 1,622,247 1,624,957
Adjustment for Prior Year Encumbrances 112,967
Actual Revenues (Over)/Under Expenditures -32,171
TOTAL OPERATING BUDGET 5,998,707 6,351,759 6,382,559
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 150
Revenues from State Sources:
Preschool Education Aid 20-3218 6,600
Other Restricted Entitlements 20-32XX 14,142
TOTAL REVENUES FROM STATE SOURCES 14,142 6,600
Revenues from Federal Sources:
Title I 20-4411-4416 16,862
I.D.E.A. Part B (Handicapped) 20-4420-4429 86,981
Other 20-4XXX 18,985
TOTAL REVENUES FROM FEDERAL SOURCES 122,828
TOTAL GRANTS AND ENTITLEMENTS 137,120 6,600
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 1,500
Revenues from Local Sources:
Local Tax Levy 40-1210 492,701 493,937 495,135
TOTAL REVENUES FROM LOCAL SOURCES 492,701 493,937 495,135
Revenues from State Sources:
Debt Service Aid Type II 40-3160 102,432 103,391 103,935
TOTAL LOCAL REPAYMENT OF DEBT 595,133 597,328 600,570
Actual Revenues (Over)/Under Expenditures -1,500
TOTAL REPAYMENT OF DEBT 593,633 597,328 600,570
TOTAL REVENUES/SOURCES 6,729,460 6,949,087 6,989,729
HUNTERDON - HIGH BRIDGE BORO
Advertised Appropriations
Budget Category Account 2006-07 2007-08 2008-09
Expenditures Rev. Approp. Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX 1,723,862 2,004,745 2,030,549
Special Education 11-2XX-100-XXX 687,884 699,324 673,166
Basic Skills/Remedial 11-230-100-XXX 252,972 153,454 184,292
Bilingual Education 11-240-100-XXX 5,018 5,403 5,530
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 33,891 42,006 42,677
Support Services:
Tuition 11-000-100-XXX 41,400
Health Services 11-000-213-XXX 127,510 104,026 116,048
Students - Related & Extraordinary 11-000-216,217 316,011 413,146 434,045
Guidance 11-000-218-XXX 123,371 134,606 138,730
Child Study Teams 11-000-219-XXX 292,014 326,839 334,589
Improvement of Instructional Services 11-000-221-XXX 820 6,939 500
Educational Media Services - School Library 11-000-222-XXX 160,153 172,195 170,642
Instructional Staff Training Services 11-000-223-XXX 4,031 7,250 7,750
General Administration 11-000-230-XXX 280,958 267,207 272,239
School Administration 11-000-240-XXX 195,344 209,501 212,681
Central Svcs & Admin Info Technology 11-000-25X-XXX 120,738 124,734 125,273
Operation and Maintenance of Plant Services 11-000-26X-XXX 617,930 565,246 559,602
Student Transportation Services 11-000-270-XXX 44,080 89,504 59,273
Personal Services - Employee Benefits 11-XXX-XXX-2XX 869,234 909,770 958,724
Total Support Services Expenditures 3,152,194 3,372,363 3,390,096
TOTAL GENERAL CURRENT EXPENSE 5,855,821 6,277,295 6,326,310
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604 200 100
Equipment 12-XXX-XXX-73X 44,075 28,290
Facilities Acquisition and Construction Services 12-000-4XX-XXX 89,857 45,974 56,149
TOTAL CAPITAL EXPENDITURES 133,932 74,464 56,249
Transfer of Funds to Charter Schools 10-000-100-56X 8,954
OPERATING BUDGET GRAND TOTAL 5,998,707 6,351,759 6,382,559
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX 150
Early Childhood Program Aid:
Instruction 20-211-100-XXX 6,600
TOTAL EARLY CHILDHOOD PROGRAM AID 6,600
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX 14,142
Total State Projects 14,142 6,600
Federal Projects:
Title I 20-XXX-XXX-XXX 16,862
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 86,981
Other Special Projects 20-XXX-XXX-XXX 18,985
Total Federal Projects 122,828
TOTAL GRANTS AND ENTITLEMENTS 137,120 6,600
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 593,633 597,328 600,570
TOTAL REPAYMENT OF DEBT 593,633 597,328 600,570
Total Expenditures 6,729,460 6,949,087 6,989,729
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 6,729,460 6,949,087 6,989,729
HUNTERDON - HIGH BRIDGE 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 37,892 48,225 48,225 48,225
Repayment of Debt 0 1,500 1,500 0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve 4,765 4,919 5,119 5,219
Adult Education Programs 0 0 0 0
Maintenance Reserve 1 1 1 1
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
HUNTERDON - HIGH BRIDGE 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 12761 13527 13824 15176 15606
Total Classroom Instruction 7209 7521 7590 8332 8617
Classroom-Salaries and Benefits 6970 7216 7232 7803 8168
Classroom-General Supplies and Textbooks 147 198 197 318 236
Classroom-Purchased Services and Other 93 108 162 211 213
Total Support Services 2709 2970 3372 3625 3778
Support Services-Salaries and Benefits 2328 2623 2918 3132 3288
Total Administrative Costs 1470 1443 1402 1559 1553
Administration-Salaries and Benefits 1241 1177 1145 1257 1263
Total Operations and Maintenance of Plant 1285 1514 1366 1557 1552
Operations & Maintenance of Plant-Salary & Ben. 528 508 595 648 678
Total Food Services Costs 0 0
Total Extracurricular Costs 87 79 95 104 106
Total Equipment Costs 19 103 0 70 0
Employee Benefits as a % of Salaries 22.9 21.1 20.9 21.0 21.5
The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
are contained in the 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 - HIGH BRIDGE BORO
Unusual Revenues and Appropriations ___________________________________
Line Number Revenue Source or 08-09 Amount Description of circumstances
Approp. Due to
Total Unusual Revenues: 0 Total Unusual Appropriations: 0
HUNTERDON - HIGH BRIDGE BORO
Shared Services -- Description of Shared Services_________________________________________________
District employs the services of the Hunterdon Educational services commi
ssionfor telephone, computer services, transportation and supplies.
The district uses ACES & ACT.
The district utilizes the Borough for salting & leaf pick up.
The district purchases paper on behalf of the Borough.
HUNTERDON - HIGH BRIDGE BORO
22a. Estimated Tax Rate Information ______________________________
A. Estimated 08-09 School Tax Rate__________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 4,663,252 (A)
Estimated Net Taxable Valuation (as of 01/10/2008 ) 384,646,906 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 1.2123 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,653,522 (D)
Estimated Net Taxable Valuation (as of 01/10/2008 ) 384,646,906 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 1.4698 (F)
B. Estimated 08-09 Equalized School Tax Rate____________________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 4,663,252 (G)
Estimated Equalized Valuation (as of 10/01/2008 ) 434,422,294 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 1.0734 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 5,653,522 (J)
Estimated Equalized Valuation (as of 10/01/2008 ) 434,422,294 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 1.3014 (L)