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User Friendly Budgets
2008

OCEAN - LAVALLETTE BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time127130131
spacing
Pupils on Roll - Special Full-Time161819
Private School Placements211
spacing
Pupils Sent to Other Districts-Reg Prog504956
Pupils Sent to Other Dists-Spec Ed Prog1066
Pupils Received0015

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 196,013 0
Revenues from Local Sources:
Local Tax Levy 10-1210 2,807,809 2,920,121 3,036,926
Tuition 10-1300 73,710 30,000 60,000
Interest Earned on Capital Reserve Funds 10-1XXX 8,899 1,500 6,000
Other Restricted Miscellaneous Revenues 10-1XXX 1,358 600 6,200
Unrestricted Miscellaneous Revenues 10-1XXX 20,988 6,500 12,105
SUBTOTAL  2,912,764 2,958,721 3,121,231
Revenues from State Sources:
Transportation Aid 10-3120 75,410 75,410 0
Special Education Aid 10-3130 134,075 134,075 0
Stabilization Aid 10-3171 22,419 22,419 0
Extraordinary Aid 10-3131 9,502 0 30,421
Consolidated Aid 10-3195 24,399 24,399 0
Additional Formula Aid 10-3196 6,568 14,632 0
Other State Aids 10-3XXX 1,624 0 0
Categorical Special Education Aid 10-3132 0 0 99,069
Categorical Security Aid 10-3177 0 0 13,947
Adjustment Aid 10-3178 0 0 120,618
Categorical Transportation Aid 10-3121 0 0 39,645
SUBTOTAL  273,997 270,935 303,700
Adjustment for Prior Year Encumbrances  0 35,083 0
Actual Revenues (Over)/Under Expenditures  42,002 0 0
TOTAL OPERATING BUDGET  3,228,763 3,460,752 3,424,931
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 500 10,500 0
Revenues from State Sources:
Instructional Supplement Aid 20-3214 0 5,922 0
Other Restricted Entitlements 20-32XX 7,798 0 0
TOTAL REVENUES FROM STATE SOURCES  7,798 5,922 0
Revenues from Federal Sources:
Title I 20-4411-4416 9,983 6,431 5,500
I.D.E.A. Part B (Handicapped) 20-4420-4429 46,236 47,975 40,800
Other 20-4XXX 13,591 13,501 11,484
TOTAL REVENUES FROM FEDERAL SOURCES  69,810 67,907 57,784
TOTAL GRANTS AND ENTITLEMENTS  78,108 84,329 57,784
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 138,594 137,061 136,447
TOTAL REVENUES FROM LOCAL SOURCES  138,594 137,061 136,447
Revenues from State Sources:
Debt Service Aid Type II 40-3160 20,291 19,564 18,838
TOTAL LOCAL REPAYMENT OF DEBT  158,885 156,625 155,285
TOTAL REPAYMENT OF DEBT  158,885 156,625 155,285
TOTAL REVENUES/SOURCES  3,465,756 3,701,706 3,638,000

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX890,949940,400977,325
Special Education 11-2XX-100-XXX151,814151,924136,952
Basic Skills/Remedial 11-230-100-XXX38,12919,56725,136
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX17,85816,20015,080
School Sponsored Athletics 11-402-100-XXX28,13229,83928,515
Community Services Programs/Operations 11-800-330-XXX2,30913,1204,480
Support Services:
Tuition 11-000-100-XXX882,070822,963975,422
Attendance and Social Work Services 11-000-211-XXX4,2764,7504,824
Health Services 11-000-213-XXX46,76551,01953,191
Students - Related & Extraordinary 11-000-216,21741,73543,66644,668
Guidance 11-000-218-XXX30,25136,66631,671
Child Study Teams 11-000-219-XXX63,28769,31849,653
Improvement of Instructional Services 11-000-221-XXX10,1218,30011,253
Educational Media Services - School Library 11-000-222-XXX47,09653,80642,780
Instructional Staff Training Services 11-000-223-XXX13,24814,50013,903
General Administration 11-000-230-XXX68,12279,70167,902
School Administration 11-000-240-XXX43,47343,72046,512
Central Svcs & Admin Info Technology 11-000-25X-XXX87,73494,63389,532
Deposit to Maintenance Reserve 10-606010,6001,200
Operation and Maintenance of Plant Services 11-000-26X-XXX189,055202,561203,793
Student Transportation Services 11-000-270-XXX176,653155,675133,542
Deposit to Current Expense Emergency Reserve 10-6070100,0005,000
Personal Services - Employee Benefits 11-XXX-XXX-2XX343,850369,081423,847
Food Services 11-000-310-XXX18,55920,00032,750
Total Support Services Expenditures 2,066,2952,070,3592,225,243
TOTAL GENERAL CURRENT EXPENSE 3,195,4863,352,0093,418,931
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-604010,0000
Interest Earned on Capital Reserve 10-60401,5006,000
Equipment 12-XXX-XXX-73X25,69494,4580
Facilities Acquisition and Construction Services 12-000-4XX-XXX7,5832,7850
TOTAL CAPITAL EXPENDITURES 33,277108,7436,000
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 3,228,7633,460,7523,424,931
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX50010,5000
Instructional Supplement Aid:
Instruction 20-214-100-XXX05,9220
TOTAL INSTRUCTIONAL SUPPLEMENT AID 05,9220
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX7,79800
Total State Projects 7,7985,9220
Federal Projects:
Title I 20-XXX-XXX-XXX9,9836,4315,500
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX46,23647,97540,800
Other Special Projects 20-XXX-XXX-XXX13,59113,50111,484
Total Federal Projects 69,81067,90757,784
TOTAL GRANTS AND ENTITLEMENTS 78,10884,32957,784
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX158,885156,625155,285
TOTAL REPAYMENT OF DEBT 158,885156,625155,285
Total Expenditures 3,465,7563,701,7063,638,000

 

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 Budget145,683347,415151,402151,402
  Repayment of Debt-4,257-4,25700
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve138,059147,708159,208165,208
      Adult Education Programs0000
      Maintenance Reserve36,75937,85848,45849,658
      Legal Reserve196,013000
      Tuition Reserve0000
      Current Expense Emergency Reserve00100,000105,000
  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 Cost14,24615,11614,90115,32615,358
Total Classroom Instruction8,1469,2969,0729,1959,505
Classroom-Salaries and Benefits7,8568,7668,7178,7869,259
Classroom-General Supplies and Textbooks200415270311162
Classroom-Purchased Services and Other91115859885
Total Support Services2,1322,0942,1022,2362,011
Support Services-Salaries and Benefits1,5671,4731,4941,5931,607
Total Administrative Costs1,8501,6731,6161,7341,663
Administration-Salaries and Benefits1,5241,4181,3861,4111,473
Total Operations and Maintenance of Plant1,6911,5081,5141,5401,556
Operations & Maintenance of Plant-Salary & Ben.1,112903903914955
Total Food Services Costs49131133135218
Total Extracurricular Costs363389350370356
Total Equipment Costs1511825386380
Employee Benefits as a % of Salaries22.223.122.823.426

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
  • Lavallette School District participates in serveral shared services
  • arrangments including the following:
  • -Child Study Team Services (Point Pleasant Beach BOE)
  • -Transportation Jointures (MOESC & Toms River Regional BOE)
  • -Child Find Activities (Seaside Park BOE)
  • -Garbage removal, snow plowing, & other (Borough of Lavallette)
  • -Professional training (Southern Regional ETTC)
  • -Cooperative purchainsing agreements(ACT, Pittsgrove, MOESC)
  • -Maintenance assistance services (Jackson BOE)

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy3,036,926 (A)
Estimated Net Taxable Valuation (as of 01/01/2008)1,815,938,286 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.1672 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy3,173,373 (D)
Estimated Net Taxable Valuation (as of 01/01/2008)1,815,938,286 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.1748 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy3,036,926 (G)
Estimated Equalized Valuation (as of 10/01/2007)2,395,159,594 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.1268 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy3,173,373 (J)
Estimated Equalized Valuation (as of 10/01/2007)2,395,159,594 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.1325 (L)