1. CALIFON School District
BUDGET

2. Califon Elementary Provides:
Small class sizes
Full day kindergarten program
Preschool program
Small school/community environment
New educational initiatives
New technology in classrooms
World Language studies
Sports teams
Very low mobility rate

3. Califon is Efficient with Funds
Shared service contracts to reduce costs
All staff pay for benefits
Cost per pupil is less than our neighboring districts ( )
Administrative cost per pupil in is $1,279. per student ($533. less per student than the regional limit of $1,812.)
Average Tax Levy increase of 1.88% over the past four years
Application for School Choice in to generate revenues

4. Shared Services
Sharing Resources:
Business Administrator-Frenchtown/Milford
Articulation among sending districts
Curriculum development
Transportation- Tewksbury, NHVRHS, DVRHS, Hunterdon County Educational Services Commission
Joint purchasing for supplies, energy, communications, and other services.
Staff development/ teacher evaluation with neighboring districts
Sending Special Education Students-
High Bridge, Clinton Public, Lebanon Township
Competitive Bidding – HCESC, ACT (telephone), ACES (electric) Middlesex Regional ESC
In order to maintain our school, we have had to find alternative ways to provide services.

5. Goals for Budget Maintain existing programs.
Provide information to the community regarding the budget process
Maintain existing programs.
Continue to provide a rigorous academic program for our students
Keep our local property taxes under control

6. Budget Overview The Budget consists of four Main Funds. General
Capital Outlay
Special Revenue
Debt Service

7. General Fund Traditional functions of the School
Staff Salaries and Benefits
Educational Support Functions
Instructional Supplies
Purchased Instructional Services
Administrative Support
Maintenance and Upkeep of the Facilities
Transportation

8. Capital Outlay Fund Capitalized Expenditures (High Ticket Items)
New Facility
Building Upgrade

9. Special Revenue Fund Resources that are restricted in their use
Federal Grants (IDEA, NCLB, REAP)
Other Fund Raising

10. Debt Service Pay off debt on previous voter approved commitment(s)
Currently have $1,525,00 remaining on a $1,9350,00 voter approved school renovation project from This debt will be paid off in 2021.
Note: Maximum debt allowed by law is 3% of the average equalized assessed values of the total taxable property in the District for the past three years.

11. REVENUES... Where The $ Comes From
Actual
Budget
Anticipated
Local
$1,928,764
$1,967,339
$2,004,785
State
$189,125
$63,389 Revenues over Expenditures
$5,787 (Job Ed Fund)
$208,327
$29,416 (prior year encumbrance)
$4000 (Job Ed Fund)
$249,050
Special Revenue
Misc/Tuition
$56, $(70) Revenues over Expenditures
$65,075
$22,000
$55,314
$27,001
Fund Balance
Used
$10,000
$13,106
(11-12’ State Aid)
Debt Service
$173,785
$169,385
$169,885
Total
$2,417,459
$2,475,542
$2,519,141
182 reduction in state aide
45 Tax Levy

12. 2012-13 ANTICIPATED REVENUES
Based on current state aid funding

13. 2011-12 General Fund Expenditures

14. Tax Impact
2009
2010
2011
2012
Average Home Value
$367,900
$369,600
$328,113
$327,878
Tax Rate
(Per 100s)
1.202
1.223
1.397
1.432
Tax Due for average home
$4,423
$4,522
$4,585
$4,695
For 2012 – School Tax Levy increase for average homeowner would translate to $ annually. ($9.17 per month)

15. END