03/26/2009                                          HUNTERDON  -  FRANKLIN TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2007         October 15, 2008         October 15, 2009
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       308                      308                      318


      Pupils on Roll - Special Full-Time                      37                       37                       38

      Private School Placements                                3                        2                        3
      Pupils Sent to Contracted Preschool Prog                 1

      Pupils Sent to Other Dists-Spec Ed Prog                  6                        6                        5
 

                                                     HUNTERDON - FRANKLIN TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2007-08          2008-09          2009-10
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                     30,018          166,595          263,626
      Transfers from Other Funds                            10-5200                   140,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 4,744,466        4,934,245        4,934,245
      Unrestricted Miscellaneous Revenues                   10-1XXX                    64,111           52,000           50,000
      SUBTOTAL                                                                      4,808,577        4,986,245        4,984,245

      Revenues from State Sources:                                         
      Transportation Aid                                    10-3120                    93,188
      Special Education Aid                                 10-3130                   201,241
      Bilingual Education                                   10-3140                     2,318
      Extraordinary Aid                                     10-3131                     7,092           14,689
      Consolidated Aid                                      10-3195                    44,107
      Additional Formula Aid                                10-3196                    20,758
      Other State Aids                                      10-3XXX                     6,616
      Categorical Special Education Aid                     10-3132                                    177,489          183,003
      Categorical Security Aid                              10-3177                                     23,538           24,280
      Adjustment Aid                                        10-3178                                     57,709           16,859
      Categorical Transportation Aid                        10-3121                                    108,153          142,747
      SUBTOTAL                                                                        375,320          381,578          366,889
      Adjustment for Prior Year Encumbrances                                                            16,817
      Actual Revenues (Over)/Under Expenditures                                      -174,049
      TOTAL OPERATING BUDGET                                                        5,149,848        5,551,235        5,614,760
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                       874

      Revenues from State Sources:                                         
      Other Restricted Entitlements                         20-32XX                    50,283           15,000           15,000
      TOTAL REVENUES FROM STATE SOURCES                                                50,283           15,000           15,000

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416                  493
      I.D.E.A. Part B (Handicapped)                         20-4420-4429               79,679           80,000           70,858
      Other                                                 20-4XXX                    93,199           35,000            8,800
      TOTAL REVENUES FROM FEDERAL SOURCES                                             173,371          115,000           79,658
      TOTAL GRANTS AND ENTITLEMENTS                                                   224,528          130,000           94,658
      REPAYMENT OF DEBT
      Transfers from Other Funds                            40-5200                                    372,213          125,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   463,929          186,466          529,929
      TOTAL REVENUES FROM LOCAL SOURCES                                               463,929          186,466          529,929
      TOTAL LOCAL REPAYMENT OF DEBT                                                   463,929          558,679          654,929
      TOTAL REPAYMENT OF DEBT                                                         463,929          558,679          654,929
      TOTAL REVENUES/SOURCES                                                        5,838,305        6,239,914        6,364,347
                                                     HUNTERDON - FRANKLIN 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          1,780,282        1,872,287        1,948,030
      Special Education                                     11-2XX-100-XXX            553,014          546,818          464,120
      Basic Skills/Remedial                                 11-230-100-XXX             73,011           87,045           89,722
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             18,495           16,500            7,031
      School Sponsored Athletics                            11-402-100-XXX              4,934            6,000           21,548
      Support Services:
      Tuition                                               11-000-100-XXX            277,160          327,367          335,183
      Attendance and Social Work Services                   11-000-211-XXX                                               21,595
      Health Services                                       11-000-213-XXX             48,517           54,596           56,270
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217             79,950           75,603           65,472
      Guidance                                              11-000-218-XXX             46,356           49,398           40,792
      Child Study Teams                                     11-000-219-XXX            153,395          169,764          179,885
      Improvement of Instructional Services                 11-000-221-XXX             39,244           81,740           92,170
      Educational Media Services - School Library           11-000-222-XXX              2,036            1,835            1,800
      Instructional Staff Training Services                 11-000-223-XXX              1,509            1,600            3,000
      General Administration                                11-000-230-XXX            300,633          307,668          310,365
      School Administration                                 11-000-240-XXX             80,525           42,933           23,596
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            133,492          140,820          141,921
      Operation and Maintenance of Plant Services           11-000-26X-XXX            506,703          607,300          544,343
      Student Transportation Services                       11-000-270-XXX            407,501          426,428          460,534
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX            643,091          735,533          807,383
      Total Support Services Expenditures                                           2,720,112        3,022,585        3,084,309
      TOTAL GENERAL CURRENT EXPENSE                                                 5,149,848        5,551,235        5,614,760
      OPERATING BUDGET GRAND TOTAL                                                  5,149,848        5,551,235        5,614,760

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX                874
      Other State Projects:
      Nonpublic Textbooks                                   20-XXX-XXX-XXX              8,016
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX             24,733
      Nonpublic Nursing Services                            20-XXX-XXX-XXX             11,657            5,000            5,000
      Nonpublic Technology Initiative                       20-XXX-XXX-XXX              5,876           10,000           10,000
      Other Special Projects                                20-XXX-XXX-XXX                  1
      Total State Projects                                                             50,283           15,000           15,000
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX                493
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX             79,679           80,000           70,858
      Other Special Projects                                20-XXX-XXX-XXX             93,199           35,000            8,800
      Total Federal Projects                                                          173,371          115,000           79,658
      TOTAL GRANTS AND ENTITLEMENTS                                                   224,528          130,000           94,658

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            463,929          558,679          654,929
      TOTAL REPAYMENT OF DEBT                                                         463,929          558,679          654,929
      Total Expenditures                                                            5,838,305        6,239,914        6,364,347

      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                                           5,838,305        6,239,914        6,364,347

                                                     HUNTERDON  -  FRANKLIN 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                               263,025               363,708               263,708               125,041
        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                                       96,613               191,554               124,959                     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  -  FRANKLIN 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                           12358           12872          13170          13906          13537
Total Classroom Instruction                                 8006            8324           8398           8872           8672
Classroom-Salaries and Benefits                             7514            7990           7925           8338           8221
Classroom-General Supplies and Textbooks                     371             257            357            411            336
Classroom-Purchased Services and Other                       121              77            116            122            115
Total Support Services                                      1311            1356           1458           1543           1594
Support Services-Salaries and Benefits                      1155            1221           1351           1422           1477
Total Administrative Costs                                  1665            1664           1580           1666           1661
Administration-Salaries and Benefits                        1315            1257           1193           1255           1312
Total Operations and Maintenance of Plant                   1325            1461           1672           1760           1529
Operations & Maintenance of Plant-Salary & Ben.                                                              0              0
Total Food Services Costs                                                                                    0              0
Total Extracurricular Costs                                   51              68             62             65             80
Total Equipment Costs                                          8               0              0              0              0
Employee Benefits as a % of Salaries                        19.9            21.4           23.9           23.9           25.8


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 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  -  FRANKLIN 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  -  FRANKLIN TWP

Shared Services -- Description of Shared Services
_________________________________________________

  Purchase of fuel oil through a cooperative bid.                          
  Purchase of school supplies through a cooperative bid.                   
  Special education transportation - using local ESC.                      
  Regular education transportation - using regional high school.           
  Purchase of technology equipment, software, licensed programs, and       
  technicians services.                                                    

                             HUNTERDON  -  FRANKLIN TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 09-10 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        4,934,245 (A)
Estimated Net Taxable Valuation (as of 10/01/2008 )           551,666,397 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)X100           0.8944 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               5,177,442 (D)
Estimated Net Taxable Valuation (as of 10/01/2008 )           551,666,397 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)X100                  0.9385 (F)


B. Estimated 09-10 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        4,934,245 (G)
Estimated Equalized Valuation (as of 10/01/2008 )             638,366,238 (H)
Estimated 09-10 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.7729 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               5,177,442 (J)
Estimated Equalized Valuation (as of 10/01/2008 )             638,366,238 (K)
Estimated 09-10 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.8110 (L)

                             HUNTERDON  -  FRANKLIN TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Rosalie Mancino          
 Job Title                              Other                         
                                         School Supervisor            
 Base Annual Salary                      80,990
 FTE                                    100            
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract           12/01/2007
   Ending Date of Contract                /  /    
   Annual Work Days                     240
   Annual Vacation Days                  10
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                     0
 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                       0
 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