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User Friendly Budgets
2008

ATLANTIC - MARGATE CITY

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time529491560
spacing
Pupils on Roll - Special Full-Time646964
Private School Placements312
spacing
Pupils Sent to Other Districts-Reg Prog133135135
Pupils Sent to Other Dists-Spec Ed Prog191626
Pupils Received606599

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 1,016,186 1,258,619
Revenues from Local Sources:
Local Tax Levy 10-1210 10,173,118 10,173,118 10,173,118
Tuition 10-1300 791,419 767,110 793,116
Unrestricted Miscellaneous Revenues 10-1XXX 242,872 115,150 191,216
SUBTOTAL  11,207,409 11,055,378 11,157,450
Revenues from State Sources:
Transportation Aid 10-3120 112,437 112,437 0
Special Education Aid 10-3130 643,606 643,606 0
Bilingual Education 10-3140 10,530 10,530 0
Extraordinary Aid 10-3131 7,656 0 11,152
Consolidated Aid 10-3195 79,108 79,108 0
Additional Formula Aid 10-3196 26,036 52,853 0
Other State Aids 10-3XXX 5,234 0 0
Categorical Special Education Aid 10-3132 0 0 298,595
Categorical Security Aid 10-3177 0 0 44,621
Adjustment Aid 10-3178 0 0 472,960
Categorical Transportation Aid 10-3121 0 0 118,158
SUBTOTAL  884,607 898,534 945,486
Actual Revenues (Over)/Under Expenditures  -487,032 0 0
TOTAL OPERATING BUDGET  11,604,984 12,970,098 13,361,555
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 55,643 0 0
Revenues from State Sources:
Instructional Supplement Aid 20-3214 22,170 22,170 0
Other Restricted Entitlements 20-32XX 69,505 55,575 0
TOTAL REVENUES FROM STATE SOURCES  91,675 77,745 0
Revenues from Federal Sources:
Title I 20-4411-4416 53,328 41,929 35,640
I.D.E.A. Part B (Handicapped) 20-4420-4429 196,003 193,301 144,167
Other 20-4XXX 22,880 29,491 17,895
TOTAL REVENUES FROM FEDERAL SOURCES  272,211 264,721 197,702
TOTAL GRANTS AND ENTITLEMENTS  419,529 342,466 197,702
TOTAL REVENUES/SOURCES  12,024,513 13,312,564 13,559,257

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX3,284,3543,787,6433,679,386
Special Education 11-2XX-100-XXX331,302357,139391,742
Basic Skills/Remedial 11-230-100-XXX190,989192,048204,205
Bilingual Education 11-240-100-XXX21,03922,58623,860
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX34,80642,80043,500
School Sponsored Athletics 11-402-100-XXX26,64033,11536,244
Community Services Programs/Operations 11-800-330-XXX283,945273,6760
Support Services:
Tuition 11-000-100-XXX2,309,5812,589,2832,810,427
Attendance and Social Work Services 11-000-211-XXX35,52037,68039,333
Health Services 11-000-213-XXX175,748210,498228,763
Students - Related & Extraordinary 11-000-216,217234,769300,380342,033
Child Study Teams 11-000-219-XXX181,622227,322237,695
Improvement of Instructional Services 11-000-221-XXX75,33191,316177,984
Educational Media Services - School Library 11-000-222-XXX243,239273,818387,173
General Administration 11-000-230-XXX346,007380,985321,714
School Administration 11-000-240-XXX233,993246,088237,893
Central Svcs & Admin Info Technology 11-000-25X-XXX171,467185,200186,937
Deposit to Maintenance Reserve 10-6060025,000
Operation and Maintenance of Plant Services 11-000-26X-XXX1,552,9581,669,4801,680,157
Student Transportation Services 11-000-270-XXX263,575322,108292,731
Deposit to Current Expense Emergency Reserve 10-60700250,000
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,274,8231,438,0361,441,418
Food Services 11-000-310-XXX95,435109,143110,471
Total Support Services Expenditures 7,194,0688,081,3378,494,729
TOTAL GENERAL CURRENT EXPENSE 11,367,14312,790,34413,148,666
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X84,14441,74295,267
Facilities Acquisition and Construction Services 12-000-4XX-XXX35,80000
TOTAL CAPITAL EXPENDITURES 119,94441,74295,267
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X117,897138,012117,622
OPERATING BUDGET GRAND TOTAL 11,604,98412,970,09813,361,555
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX55,64300
Instructional Supplement Aid:
Instruction 20-214-100-XXX22,17022,1700
TOTAL INSTRUCTIONAL SUPPLEMENT AID 22,17022,1700
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX13,45011,9600
Nonpublic Handicapped Services 20-XXX-XXX-XXX28,52118,5340
Nonpublic Nursing Services 20-XXX-XXX-XXX17,89416,5210
Nonpublic Technology Initiative 20-XXX-XXX-XXX9,6408,5600
Total State Projects 91,67577,7450
Federal Projects:
Title I 20-XXX-XXX-XXX53,32841,92935,640
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX196,003193,301144,167
Other Special Projects 20-XXX-XXX-XXX22,88029,49117,895
Total Federal Projects 272,211264,721197,702
TOTAL GRANTS AND ENTITLEMENTS 419,529342,466197,702
REPAYMENT OF DEBT
Total Expenditures 12,024,51313,312,56413,559,257

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/06
Audited
Balance
6/30/07
Estimated
Balance
6/30/08
Estimated
Balance
6/30/09
Unreserved:
  General Operating Budget320,878352,647532,890259,402
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve0000
      Adult Education Programs0000
      Maintenance Reserve00025,000
      Legal Reserve1,410,8671,911,560985,1310
      Tuition Reserve0000
      Current Expense Emergency Reserve000250,000
  Reserved for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2005-06
Actual
2006-07
Actual
2007-08
Original
Budget
2007-08
Revised
Budget
2008-09
Proposed
Budget
Total Comparative Per Pupil Cost14,92015,43616,64317,68115,658
Total Classroom Instruction8,3668,2919,0499,6218,504
Classroom-Salaries and Benefits7,7857,9588,5599,0948,020
Classroom-General Supplies and Textbooks370328483519479
Classroom-Purchased Services and Other2115775
Total Support Services1,7191,9852,3142,4342,705
Support Services-Salaries and Benefits1,5631,6841,8862,0062,189
Total Administrative Costs1,3501,5491,6001,7021,422
Administration-Salaries and Benefits1,1051,1961,1961,2731,119
Total Operations and Maintenance of Plant2,7362,7332,8342,9922,693
Operations & Maintenance of Plant-Salary & Ben.10070143540
Total Food Services Costs142167153195177
Total Extracurricular Costs104121145154145
Total Equipment Costs101473875153
Employee Benefits as a % of Salaries2224.224.424.625.2

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

 

Shared Services
  • Federal E-rate program for discounted telephone services
  • Alliance for Competitive Energy Services (ACES) for Gas and Electric
  • Transportation Jointures with Atlantic County Special Services and
  • Ventnor School Districts
  • School Lunch Program with Mainland Regional School District
  • School Alliance Insurance Fund for insurances other than health
  • Atlantic County Schools & Libraries for internet service
  • Teacher inservice with Ventnor, Mullica, Brigantine, Absecon & Greenbank

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy10,173,118 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)3,361,487,250 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.3026 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy10,173,118 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)3,361,487,250 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.3026 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy10,173,118 (G)
Estimated Equalized Valuation (as of 10/01/2007)3,981,194,845 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.2555 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy10,173,118 (J)
Estimated Equalized Valuation (as of 10/01/2007)3,981,194,845 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.2555 (L)