03/30/2011                                          HUNTERDON  -  FRANKLIN TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2009         October 15, 2010         October 15, 2011
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       306                      266                      285





      Pupils on Roll - Special Full-Time                      34                       38                       40


      Subtotal - Pupils On Roll                               340                      304                      325
      Private School Placements                                3                        2                        2





      Pupils Sent to Other Dists-Spec Ed Prog                  6                        4                        3
 


                                                     HUNTERDON - FRANKLIN TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2009-10          2010-11          2011-12
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     146,659

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 4,934,245        4,807,114        4,903,256
      Unrestricted Miscellaneous Revenues                   10-1XXX                    27,621           30,000            6,500
      SUBTOTAL                                                                      4,961,866        4,837,114        4,909,756

      Revenues from State Sources:                                         
      Other State Aids                                      10-3XXX                     6,123
      Categorical Special Education Aid                     10-3132                   183,003           86,488          142,636
      Categorical Security Aid                              10-3177                    24,280
      Adjustment Aid                                        10-3178                    11,454            3,228
      Categorical Transportation Aid                        10-3121                   142,747
      SUBTOTAL                                                                        367,607           89,716          142,636

      Revenues from Federal Sources:                                       
      Education Jobs Fund                                   18-4522                                                      12,159
      SUBTOTAL                                                                                                           12,159
      Adjustment for Prior Year Encumbrances                                                            39,587
      Actual Revenues (Over)/Under Expenditures                                       226,244
      TOTAL OPERATING BUDGET                                                        5,555,717        5,113,076        5,064,551
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                       549

      Revenues from State Sources:                                         
      Other Restricted Entitlements                         20-32XX                    30,531           15,000           15,000
      TOTAL REVENUES FROM STATE SOURCES                                                30,531           15,000           15,000

      Revenues from Federal Sources:                                       
      I.D.E.A. Part B (Handicapped)                         20-4420-4429               72,081           70,858           82,400
      Other                                                 20-4XXX                   131,261            8,800            8,000
      TOTAL REVENUES FROM FEDERAL SOURCES                                             203,342           79,658           90,400
      TOTAL GRANTS AND ENTITLEMENTS                                                   234,422           94,658          105,400
      REPAYMENT OF DEBT
      Transfers from Other Funds                            40-5200                   125,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   529,929          657,060          658,185
      TOTAL REVENUES FROM LOCAL SOURCES                                               529,929          657,060          658,185
      TOTAL LOCAL REPAYMENT OF DEBT                                                   654,929          657,060          658,185
      TOTAL REPAYMENT OF DEBT                                                         654,929          657,060          658,185
      TOTAL REVENUES/SOURCES                                                        6,445,068        5,864,794        5,828,136
                                                     HUNTERDON - FRANKLIN 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          2,004,162        1,579,718        1,537,607
      Special Education                                     11-2XX-100-XXX            456,114          527,935          592,788
      Basic Skills/Remedial                                 11-230-100-XXX             90,257           94,256           47,384
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX              5,313            4,929
      School Sponsored Athletics                            11-402-100-XXX             19,890
      Support Services:
      Tuition                                               11-000-100-XXX            367,956          311,645          249,810
      Attendance and Social Work Services                   11-000-211-XXX             21,913           22,855           23,084
      Health Services                                       11-000-213-XXX             56,289           59,624           59,949
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217             79,427           99,811           61,282
      Guidance                                              11-000-218-XXX             41,701           44,251           44,689
      Child Study Teams                                     11-000-219-XXX            176,977          190,619          174,637
      Improvement of Instructional Services                 11-000-221-XXX             90,496           88,068           87,785
      Educational Media Services - School Library           11-000-222-XXX              1,652            1,500            1,500
      Instructional Staff Training Services                 11-000-223-XXX             16,185            3,000            3,000
      General Administration                                11-000-230-XXX            303,698          291,788          292,441
      School Administration                                 11-000-240-XXX             23,080           63,330           61,856
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            148,138          129,697          111,532
      Operation and Maintenance of Plant Services           11-000-26X-XXX            508,902          514,143          561,100
      Student Transportation Services                       11-000-270-XXX            440,502          384,185          368,259
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX            703,065          698,494          785,848
      Total Support Services Expenditures                                           2,979,981        2,903,010        2,886,772
      TOTAL GENERAL CURRENT EXPENSE                                                 5,555,717        5,109,848        5,064,551

      CAPITAL EXPENDITURES
      Facilities Acquisition and Construction Services      12-000-4XX-XXX                               3,228
      TOTAL CAPITAL EXPENDITURES                                                                         3,228
      OPERATING BUDGET GRAND TOTAL                                                  5,555,717        5,113,076        5,064,551

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX                549
      Other State Projects:
      Nonpublic Textbooks                                   20-XXX-XXX-XXX              4,793
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX             15,702
      Nonpublic Nursing Services                            20-XXX-XXX-XXX             10,036            5,000            5,000
      Nonpublic Technology Initiative                       20-XXX-XXX-XXX                              10,000           10,000
      Total State Projects                                                             30,531           15,000           15,000
      Federal Projects:
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX             72,081           70,858           82,400
      Other Special Projects                                20-XXX-XXX-XXX            131,261            8,800            8,000
      Total Federal Projects                                                          203,342           79,658           90,400
      TOTAL GRANTS AND ENTITLEMENTS                                                   234,422           94,658          105,400

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            654,929          657,060          658,185
      TOTAL REPAYMENT OF DEBT                                                         654,929          657,060          658,185
      Total Expenditures                                                            6,445,068        5,864,794        5,828,136

      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                                           6,445,068        5,864,794        5,828,136
 

                                                     HUNTERDON  -  FRANKLIN 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                               285,326               172,774                26,115                26,115
        Repayment of Debt                                            0                     0                     0                     0

      Restricted 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                                      124,959                     0                     0                     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  -  FRANKLIN 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                           13723           13957          12221          14520          13681
Total Classroom Instruction                                 8826            9017           7450           8833           8463
Classroom-Salaries and Benefits                             8529            8599           7189           8513           8139
Classroom-General Supplies and Textbooks                     213             349            197            234            218
Classroom-Purchased Services and Other                        84              69             63             87            106
Total Support Services                                      1386            1701           1643           1963           1723
Support Services-Salaries and Benefits                      1252            1467           1485           1758           1515
Total Administrative Costs                                  1867            1669           1702           2016           1768
Administration-Salaries and Benefits                        1391            1286           1308           1549           1344
Legal Costs                                                    0             118            139            164            123
Total Operations and Maintenance of Plant                   1571            1496           1413           1691           1726
Operations & Maintenance of Plant-Salary & Ben.                0               0              0              0              0
Total Food Services Costs                                      0               0              0              0              0
Total Extracurricular Costs                                   73              74             14             16              0
Total Equipment Costs                                          0               0              0              0              0
Employee Benefits as a % of Salaries                        21.5            22.1           24.1           24.1           28.2


 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  -  FRANKLIN 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  -  FRANKLIN TWP

Shared Services -- Description of Shared Services
_________________________________________________

  Purchase of fuel oil through cooperative bid                             
  Purchase of school supplies through cooperative bid                      
  Special Education transportation through ESC                             
  Jointure for regular ed students with the regional high school           
  Shared social worker with Bloomsbury                                     
  Snow removal with township                                               

                             HUNTERDON  -  FRANKLIN TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 11-12 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        4,855,185 (A)
Estimated Net Taxable Valuation (as of 02/18/2011 )           556,723,154 (B)
Estimated 11-12 General Fund School Tax Rate=(A)/(B)X100           0.8721 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               5,435,308 (D)
Estimated Net Taxable Valuation (as of 02/18/2011 )           556,723,154 (E)
Estimated 11-12 Total School Tax Rate=(D)/(E)X100                  0.9763 (F)


B. Estimated 11-12 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        4,855,185 (G)
Estimated Equalized Valuation (as of 02/18/2011 )             579,954,404 (H)
Estimated 11-12 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.8372 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               5,435,308 (J)
Estimated Equalized Valuation (as of 02/18/2011 )             579,954,404 (K)
Estimated 11-12 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.9372 (L)

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

 Name                                   Dr. Chrys Harttraft      
 Job Title                              Superintendent                
                                        Principal                     
 Base Annual Salary                     147,088
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract             /  /    
   Ending Date of Contract                /  /    
   Annual Work Days                     260
   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                                 2,000
 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                       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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

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

 Name                                   Rosalie Mancino          
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        Coordinator                   
 Base Annual Salary                      91,435
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract             /  /    
   Ending Date of Contract                /  /    
   Annual Work Days                     260
   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                                     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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

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

 Name                                   TBA                      
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                      57,000
 FTE                                    0.6
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract             /  /    
   Ending Date of Contract                /  /    
   Annual Work Days                     156
   Annual Vacation Days                  12
   Annual Sick Days                       7
   Annual Personal Days                   2
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 1,000
 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                       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