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User Friendly Budgets
2008

MONMOUTH - ASBURY PARK CITY

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time2,2742,2072,415
Pupils on Roll Regular Shared-Time434
Pupils on Roll Reg Accr. Adult High Sch428680
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Pupils on Roll - Special Full-Time422372436
Pupils on Roll - Special Shared-Time181112
Private School Placements1290120
spacing
Pupils Sent to Contracted Preschool Prog489508518
Pupils Sent to Other Districts-Reg Prog52130
Pupils Sent to Other Dists-Spec Ed Prog302115
Pupils Received311316
Pupils in State Facilities443636

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 2,900,000 1,379,823
Revenues from Local Sources:
Local Tax Levy 10-1210 5,449,899 5,667,895 5,894,611
Tuition 10-1300 188,907 350,000 200,000
Unrestricted Miscellaneous Revenues 10-1XXX 371,620 100,000 250,000
SUBTOTAL  6,010,426 6,117,895 6,344,611
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 26,194,617 26,194,617 0
Supplemental Core Curriculum Standards Aid 10-3112 1,256,722 1,256,722 0
Education Opportunity Aid 10-3117 20,035,703 19,817,707 0
Discretionary Education Opportunity Aid 10-3118 0 1,649,019 0
Transportation Aid 10-3120 498,157 498,157 0
Special Education Aid 10-3130 4,776,450 4,776,450 0
Bilingual Education 10-3140 172,720 172,720 0
Extraordinary Aid 10-3131 127,289 0 95,976
Consolidated Aid 10-3195 388,848 388,848 0
Other State Aids 10-3XXX 10,679 0 0
Categorical Special Education Aid 10-3132 0 0 1,362,715
Equalization Aid 10-3176 0 0 29,374,441
Categorical Security Aid 10-3177 0 0 902,988
Adjustment Aid 10-3178 0 0 25,601,780
Categorical Transportation Aid 10-3121 0 0 390,892
SUBTOTAL  53,461,185 54,754,240 57,728,792
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 140,104 50,000 100,000
SUBTOTAL  140,104 50,000 100,000
Adjustment for Prior Year Encumbrances  0 545,733 0
Actual Revenues (Over)/Under Expenditures  2,122,587 0 0
TOTAL OPERATING BUDGET  61,734,302 64,367,868 65,553,226
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 5,666 0 0
Revenues from State Sources:
Early Childhood Program Aid 20-3211 6,937,573 3,160,320 0
Demonstrably Effective Program Aid 20-3212 1,644,068 1,644,068 0
Preschool Education Aid 20-3218 0 0 8,328,343
Preschool Expansion Aid 20-3215 0 4,342,170 0
Other Restricted Entitlements 20-32XX 483,214 358,602 5,500
TOTAL REVENUES FROM STATE SOURCES  9,064,855 9,505,160 8,333,843
Revenues from Federal Sources:
Title I 20-4411-4416 2,646,298 2,633,707 5,068,674
Title VI 20-4417-4418 0 155,017 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 796,797 844,680 711,391
Vocational Education 20-4430 0 381,953 0
Adult Basic Education 20-4440 63,314 59,579 0
Other 20-4XXX 913,727 1,389,350 51,805
TOTAL REVENUES FROM FEDERAL SOURCES  4,420,136 5,464,286 5,831,870
Transfers from Operating Budget-PreK/K 20-5200 0 565,094 157,138
TOTAL GRANTS AND ENTITLEMENTS  13,490,657 15,534,540 14,322,851
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 0 12,282
Revenues from Local Sources:
Local Tax Levy 40-1210 266,642 308,226 274,862
Miscellaneous 40-1XXX 48,474 0 0
TOTAL REVENUES FROM LOCAL SOURCES  315,116 308,226 274,862
Revenues from State Sources:
Debt Service Aid Type II 40-3160 1,234,820 1,250,488 1,164,965
TOTAL LOCAL REPAYMENT OF DEBT  1,549,936 1,558,714 1,452,109
Actual Revenues (Over)/Under Expenditures  -10,755 0 0
TOTAL REPAYMENT OF DEBT  1,539,181 1,558,714 1,452,109
TOTAL REVENUES/SOURCES  76,764,140 81,461,122 81,328,186
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
Transfers from Operating Budget-PreK/K 20-5200 0 565,094 157,138
TOTAL REVENUES/SOURCES NET OF TRANSFERS  76,764,140 80,896,028 81,171,048

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX501,8051,743,422888,948
Special Education 11-2XX-100-XXX264,611253,125299,098
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX20,00020,00020,000
Other Instructional Programs 11-4XX-100-XXX0020,000
Support Services:
Tuition 11-000-100-XXX7,931,0556,678,8316,496,874
Attendance and Social Work Services 11-000-211-XXX01,0004,500
Health Services 11-000-213-XXX52,70294,43447,604
Students - Related & Extraordinary 11-000-216,217267,381379,521290,454
Guidance 11-000-218-XXX144,889301,823362,352
Child Study Teams 11-000-219-XXX1,582,9501,765,6961,797,497
Improvement of Instructional Services 11-000-221-XXX872,4391,417,8741,172,276
Educational Media Services - School Library 11-000-222-XXX8,9929,5181,000
Instructional Staff Training Services 11-000-223-XXX8,4479,65017,150
General Administration 11-000-230-XXX1,564,6601,549,8161,437,460
School Administration 11-000-240-XXX214,429110,267113,648
Central Svcs & Admin Info Technology 11-000-25X-XXX1,043,9441,026,6211,038,864
Operation and Maintenance of Plant Services 11-000-26X-XXX4,791,4295,895,5166,240,160
Student Transportation Services 11-000-270-XXX1,904,5502,961,0021,972,500
Personal Services - Employee Benefits 11-XXX-XXX-2XX2,942,9293,548,3683,707,262
Food Services 11-000-310-XXX00100,000
Total Support Services Expenditures 23,330,79625,749,93724,799,601
TOTAL GENERAL CURRENT EXPENSE 24,117,21227,766,48426,027,647
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X80,366174,38483,500
TOTAL CAPITAL EXPENDITURES 80,366174,38483,500
SPECIAL SCHOOLS
Summer School:
Instruction 13-422-100-XXX04,3300
Total Summer School 04,3300
Adult Education - Local:
Instruction 13-602-100-XXX78,23076,99971,500
Support Services 13-602-200-XXX63,966263,498110,000
Total Adult Education - Local 142,196340,497181,500
Evening School for the Foreign Born - Local:
Instruction 13-631-100-XXX80005,500
Support Services 13-631-200-XXX00300
Total Evening School for Foreign-Born - Local 80005,800
TOTAL SPECIAL SCHOOLS 142,996344,827187,300
Transfer of Funds to Charter Schools 10-000-100-56X1,232,8153,007,9103,910,741
General Fund Contribution to SBB 10-000-520-93036,160,91333,074,26335,344,038
OPERATING BUDGET GRAND TOTAL 61,734,30264,367,86865,553,226
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX5,66600
Early Childhood Program Aid:
Instruction 20-211-100-XXX5,869,0926,745,2857,082,454
Support Services 20-211-200-XXX1,068,4811,314,2991,395,027
Facilities Acquisition and Construction Services 20-211-400-XXX08,0008,000
TOTAL EARLY CHILDHOOD PROGRAM AID 6,937,5738,067,5848,485,481
Demonstrably Effective Program Aid:
Contribution to Charter Schools 20-212-100-56X1,644,0681,644,0680
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 1,644,0681,644,0680
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX12,83612,6510
Nonpublic Auxiliary Services 20-XXX-XXX-XXX107,45559,9480
Nonpublic Handicapped Services 20-XXX-XXX-XXX66,52434,1700
Nonpublic Nursing Services 20-XXX-XXX-XXX17,07814,9690
Nonpublic Technology Initiative 20-XXX-XXX-XXX9,2008,0640
Adult Education 20-XXX-XXX-XXX03,2005,500
Vocational Education 20-XXX-XXX-XXX0225,6000
Other Special Projects 20-XXX-XXX-XXX270,12100
Total State Projects 9,064,85510,070,2548,490,981
Federal Projects:
Title I 20-XXX-XXX-XXX2,646,2981,190,1153,443,864
Title VI 20-XXX-XXX-XXX026,7910
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX796,797751,111711,391
Vocational Education 20-XXX-XXX-XXX0104,3590
Adult Basic Education 20-XXX-XXX-XXX63,31442,5600
Other Special Projects 20-XXX-XXX-XXX913,727898,95051,805
Total Federal Projects 4,420,1363,013,8864,207,060
Grant & Entitlements Cont to SBB 20-XXX-XXX-93002,450,4001,624,810
TOTAL GRANTS AND ENTITLEMENTS 13,490,65715,534,54014,322,851
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX1,539,1811,558,7141,452,109
TOTAL REPAYMENT OF DEBT 1,539,1811,558,7141,452,109
Total Expenditures 76,764,14081,461,12281,328,186
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
Local Cont - Transfer to Grants and Entitlements 11-1XX-100-9300565,094157,138
TOTAL EXPENDITURES NET OF TRANSFERS 76,764,14080,896,02881,171,048

 

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 Budget3,333,437923,4701,480,285100,462
  Repayment of Debt1,52712,28212,2820
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve0000
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve2,856,8152,856,81500
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  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 Cost21,90925,12922,27626,64824,428
Total Classroom Instruction12,89415,07512,07114,45014,112
Classroom-Salaries and Benefits10,18711,9919,09410,85410,869
Classroom-General Supplies and Textbooks557470415527453
Classroom-Purchased Services and Other2,1492,6152,5613,0692,790
Total Support Services3,4084,1384,9566,1064,777
Support Services-Salaries and Benefits3,1273,8944,5815,4674,176
Total Administrative Costs2,3942,3031,6071,9221,663
Administration-Salaries and Benefits1,8811,6791,0651,2711,155
Total Operations and Maintenance of Plant2,5952,8182,9043,4673,171
Operations & Maintenance of Plant-Salary & Ben.1,6251,8721,8712,2331,899
Total Food Services Costs000039
Total Extracurricular Costs303349362435376
Total Equipment Costs27409911960
Employee Benefits as a % of Salaries26.225.827.92824.6

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.

 

Advertised Blended Resource SBB Statement
Budget CategoryAccount2006-072007-082008-09
Resources:
General Fund Contribution 15-520036,160,91333,074,26335,344,038
Adjustment for Prior Year Encumbrances 1,86300
Restricted Federal Entitlements 15-44XX02,450,4001,624,810
Total SBB Resources 36,162,77635,524,66336,968,848
Appropriations:
Instruction 15-XXX-100-XXX23,185,54520,264,91623,305,034
Support Services 15-XXX-2XX-XXX13,746,20615,170,55113,601,814
Equipment 15-XXX-XXX-73X12,72889,19662,000
Total SBB Appropriations 36,944,47935,524,66336,968,848

 

Shared Services
  • MONMOUTH-OCEAN EDUCATIONAL SERVICES FOR TRANSPORTATION
  • DISTRICT'S COMPUTER CENTER PROVIDES COMPUTER SERVICES TO SCHOOL DISTRICTS
  • THROUGHOUT THE STATE
  • PROVIDER EDUCATIONAL SERVICES TO OTHER SCHOOL DISTRICTS ON TUITION BASIS

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy5,894,611 (A)
Estimated Net Taxable Valuation (as of 10/01/2008)429,638,761 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.3720 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy6,169,473 (D)
Estimated Net Taxable Valuation (as of 10/01/2008)429,638,761 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.4360 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy5,894,611 (G)
Estimated Equalized Valuation (as of 10/01/2007)1,386,045,083 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.4253 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy6,169,473 (J)
Estimated Equalized Valuation (as of 10/01/2007)1,386,045,083 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.4451 (L)