General Fund Budget - Hunterdon Central Regional High School

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Budget Highlights Operating tax levy +2.7%, Total tax levy +2.1% Operating budget +3.6%, Total budget +2.9% State Aid Revenue increased by $178,834 Above Average Enrollment Growth State Aid received for $166,391 Fund balance of $1,304,861 used to reduce tax levy Additional staff represents 28.4% of the operating budget increase Fixed costs (85% of the operating budget increase) are included for:* Salary * Benefits * Utilities * Vocational Tuition Employee salaries and benefits are 74.4% of Operating Budget Administrative expenses decreased $100,000 Co-curricular activities streamlined for a decrease of $140,000 Special Education out-ofof-district costs reduced by $150,000 due toplacement of students into district programs All departments held to a zero budget increase Meets all new State budget guidelines
Financial HighlightsSummary of Major Budget Changes% of TotalItemAmountChangeSalary Increases for Existing Staff $972,232 50.5Additional Teaching / Staff Salary 546,595 28.4Medical Insurance / Employee Benefits 388,243 20.1Vocational Tuition 162,300 8.4Utilities 120,115 6.2Student Transportation 161,112 8.4Administrative Expenses (96,701) (5.0)Capital Outlay/Reserve (27,514) (1.4)All Remaining Budget Accounts (300,647) (15.6)Total Operating Budget $1,925,735 100.0%Grant Fund Budget Accounts (81,647)Debt Service Budget Accounts (227,564)Total Change $1,616,524
Page 2 and 3: Educational HighlightsMaintains all
Page 6 and 7: Proposed 2007-2008Expense BudgetRev
Page 8 and 9: RevenueGeneral FundBudgeted Fund Ba
Page 10 and 11: Percentage Share of Tax Levy2005-06
Page 12 and 13: Assessed Property Values2005 2006 2
Page 14 and 15: On the BallotElection of Board of E
Page 16: Hunterdon Central Regional High Sch

General Fund Budget - Hunterdon Central Regional High School

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