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User Friendly Budgets
2008

OCEAN - LAKEWOOD TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time4,5554,6944,930
Pupils on Roll Regular Shared-Time05656
Pupils on Roll Reg Accr. Adult High Sch109105105
spacing
Pupils on Roll - Special Full-Time781734664
Pupils on Roll - Special Shared-Time01514
Private School Placements168125126
spacing
Pupils Sent to Contracted Preschool Prog5919672
Pupils Sent to Other Districts-Reg Prog0216
Pupils Sent to Other Dists-Spec Ed Prog157112210
Pupils Received111
Pupils in State Facilities241414

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Transfers from Other Funds 10-5200 439,442 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 62,254,745 64,722,523 69,597,133
Tuition 10-1300 20,913 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 2,345,936 536,230 600,000
SUBTOTAL  64,621,594 65,258,753 70,197,133
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 4,358,760 4,358,760 0
Transportation Aid 10-3120 2,130,046 2,130,046 0
Special Education Aid 10-3130 4,562,209 4,562,209 0
Bilingual Education 10-3140 500,064 500,064 0
Stabilization Aid 10-3171 1,854,071 1,854,071 0
Extraordinary Aid 10-3131 552,203 0 829,909
Consolidated Aid 10-3195 575,591 575,591 0
Additional Formula Aid 10-3196 1,610,682 1,239,684 0
Other State Aids 10-3XXX 281,350 1,197,130 225,000
Categorical Special Education Aid 10-3132 0 0 2,962,522
Equalization Aid 10-3176 0 0 17,012,441
Categorical Security Aid 10-3177 0 0 1,792,047
Categorical Transportation Aid 10-3121 0 0 3,982,997
SUBTOTAL  16,424,976 16,417,555 26,804,916
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 106,791 0 50,000
SUBTOTAL  106,791 0 50,000
Actual Revenues (Over)/Under Expenditures  121,954 0 0
TOTAL OPERATING BUDGET  81,714,757 81,676,308 97,052,049
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Early Childhood Program Aid 20-3211 4,232,532 4,232,532 0
Demonstrably Effective Program Aid 20-3212 2,142,778 2,142,778 0
Preschool Education Aid 20-3218 0 0 2,615,155
Other Restricted Entitlements 20-32XX 10,648,926 8,741,350 11,624,976
TOTAL REVENUES FROM STATE SOURCES  17,024,236 15,116,660 14,240,131
Revenues from Federal Sources:
Title I 20-4411-4416 5,125,488 5,498,363 5,154,840
Title VI 20-4417-4418 0 67,885 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 3,183,348 4,095,290 3,399,802
Vocational Education 20-4430 159,010 0 0
Other 20-4XXX 2,745,023 3,302,610 2,807,218
TOTAL REVENUES FROM FEDERAL SOURCES  11,212,869 12,964,148 11,361,860
TOTAL GRANTS AND ENTITLEMENTS  28,237,105 28,080,808 25,601,991
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 1,277,357 1,258,914 1,250,715
TOTAL REVENUES FROM LOCAL SOURCES  1,277,357 1,258,914 1,250,715
Revenues from State Sources:
Debt Service Aid Type II 40-3160 106,547 104,252 103,294
TOTAL LOCAL REPAYMENT OF DEBT  1,383,904 1,363,166 1,354,009
TOTAL REPAYMENT OF DEBT  1,383,904 1,363,166 1,354,009
TOTAL REVENUES/SOURCES  111,335,766 111,120,282 124,008,049

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX14,224,66216,342,61917,921,418
Special Education 11-2XX-100-XXX8,148,9996,994,8539,162,000
Basic Skills/Remedial 11-230-100-XXX353,837342,157340,000
Bilingual Education 11-240-100-XXX743,255726,0681,244,100
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX167,965184,940185,000
School Sponsored Athletics 11-402-100-XXX600,918648,192645,656
Community Services Programs/Operations 11-800-330-XXX153,520156,750262,500
Support Services:
Tuition 11-000-100-XXX10,824,61310,783,81113,010,000
Attendance and Social Work Services 11-000-211-XXX63,79476,11746,500
Health Services 11-000-213-XXX519,958484,834547,700
Students - Related & Extraordinary 11-000-216,2173,564,6072,436,0744,247,080
Guidance 11-000-218-XXX927,1161,024,491904,705
Child Study Teams 11-000-219-XXX2,492,4002,358,7562,846,980
Improvement of Instructional Services 11-000-221-XXX777,186643,8811,164,322
Educational Media Services - School Library 11-000-222-XXX738,760823,041719,200
Instructional Staff Training Services 11-000-223-XXX54,76640,00042,500
General Administration 11-000-230-XXX2,827,6882,255,7771,735,678
School Administration 11-000-240-XXX2,701,2572,686,1312,988,275
Central Svcs & Admin Info Technology 11-000-25X-XXX1,358,6551,288,8341,723,000
Operation and Maintenance of Plant Services 11-000-26X-XXX5,962,7125,991,9116,642,000
Student Transportation Services 11-000-270-XXX13,061,86013,831,23216,657,651
Personal Services - Employee Benefits 11-XXX-XXX-2XX10,289,36710,650,44913,075,000
Total Support Services Expenditures 56,164,73955,375,33966,350,591
TOTAL GENERAL CURRENT EXPENSE 80,557,89580,770,91896,111,265
CAPITAL EXPENDITURES
Facilities Acquisition and Construction Services 12-000-4XX-XXX1,002,945730,390765,784
TOTAL CAPITAL EXPENDITURES 1,002,945730,390765,784
SPECIAL SCHOOLS
Summer School:
Instruction 13-422-100-XXX118,67279,25879,258
Support Services 13-422-200-XXX15,0609,3429,342
Total Summer School 133,73288,60088,600
Adult Education - Local:
Instruction 13-602-100-XXX13,28551,10051,100
Support Services 13-602-200-XXX6,90035,30035,300
Total Adult Education - Local 20,18586,40086,400
TOTAL SPECIAL SCHOOLS 153,917175,000175,000
OPERATING BUDGET GRAND TOTAL 81,714,75781,676,30897,052,049
GRANTS AND ENTITLEMENTS
Early Childhood Program Aid:
Instruction 20-211-100-XXX2,420,1821,900,875504,621
Support Services 20-211-200-XXX1,812,3502,331,6572,110,534
TOTAL EARLY CHILDHOOD PROGRAM AID 4,232,5324,232,5322,615,155
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX1,592,4521,592,4520
Support Services 20-212-200-XXX550,326550,3260
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 2,142,7782,142,7780
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX616,177669,737710,758
Nonpublic Auxiliary Services 20-XXX-XXX-XXX5,414,8594,303,7066,018,474
Nonpublic Handicapped Services 20-XXX-XXX-XXX3,291,4352,400,0993,411,745
Nonpublic Nursing Services 20-XXX-XXX-XXX857,004774,507974,959
Nonpublic Technology Initiative 20-XXX-XXX-XXX453,536426,920509,040
Vocational Education 20-XXX-XXX-XXX0166,3810
Other Special Projects 20-XXX-XXX-XXX15,91500
Total State Projects 17,024,23615,116,66014,240,131
Federal Projects:
Title I 20-XXX-XXX-XXX5,125,4885,498,3635,154,840
Title VI 20-XXX-XXX-XXX067,8850
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX3,183,3484,095,2903,399,802
Vocational Education 20-XXX-XXX-XXX159,01000
Other Special Projects 20-XXX-XXX-XXX2,745,0233,302,6102,807,218
Total Federal Projects 11,212,86912,964,14811,361,860
TOTAL GRANTS AND ENTITLEMENTS 28,237,10528,080,80825,601,991
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX1,383,9041,363,1661,354,009
TOTAL REPAYMENT OF DEBT 1,383,9041,363,1661,354,009
Total Expenditures 111,335,766111,120,282124,008,049

 

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 Budget-1,222,625-1,050,591285,000285,000
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve0000
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve0000
      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 Cost11,20911,27611,02411,18211,989
Total Classroom Instruction6,5286,3576,4256,5176,798
Classroom-Salaries and Benefits6,0646,0595,9526,0376,297
Classroom-General Supplies and Textbooks223210230233266
Classroom-Purchased Services and Other24087243246235
Total Support Services1,8962,0981,8661,8932,314
Support Services-Salaries and Benefits1,5361,6131,5721,5941,674
Total Administrative Costs1,4271,4651,3591,3791,371
Administration-Salaries and Benefits1,0429721,0061,0211,042
Total Operations and Maintenance of Plant1,1551,0801,0821,0971,182
Operations & Maintenance of Plant-Salary & Ben.34339
Total Food Services Costs00000
Total Extracurricular Costs147166179182180
Total Equipment Costs00000
Employee Benefits as a % of Salaries31.929.530.530.534.1

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
  • ED-DATA COOPERATIVE BID SERVICES
  • STUDENT BUSING WITH THE MONMOUTH-OCEAN EDUCATIONAL SERVICE COMMISSION
  • INTERLOCAL AGREEMENT WITH THE TOWN FOR PURCHASE OF GASOLINE FOR DISTRICT
  • VEHICLES.
  • ALLIANCE FOR COMPETITIVE ENERGY SERVICES (ACES)
  • ALLIANCE FOR COMPETITIVE TELECOMMUNICATIONS (ACT)

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy69,597,133 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)7,735,617,454 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.8997 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy70,847,848 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)7,735,617,454 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.9159 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy69,597,133 (G)
Estimated Equalized Valuation (as of 10/01/2007)7,951,462,176 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.8753 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy70,847,848 (J)
Estimated Equalized Valuation (as of 10/01/2007)7,951,462,176 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.8910 (L)