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User Friendly Budgets
2008

OCEAN - SOUTHERN REGIONAL

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time2,6702,4812,577
Pupils on Roll Regular Shared-Time685454
Pupils on Roll Reg Accr. Adult High Sch364949
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Pupils on Roll - Special Full-Time536501439
Pupils on Roll - Special Shared-Time625842
Private School Placements321618
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Pupils Sent to Other Dists-Spec Ed Prog17129
Pupils Received778511503
Pupils in State Facilities322

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 622,061 5,075,311
Revenues from Local Sources:
Local Tax Levy 10-1210 34,866,771 36,610,642 37,110,642
Tuition 10-1300 9,459,071 6,930,209 7,363,510
Transportation Fees from Individuals 10-1410 0 600,000 0
Transportation Fees from Other LEAs 10-1420-1440 698,431 0 600,000
Interest Earned on Capital Reserve Funds 10-1XXX 5,807 500 1,000
Unrestricted Miscellaneous Revenues 10-1XXX 926,584 500,000 300,000
SUBTOTAL  45,956,664 44,641,351 45,375,152
Revenues from State Sources:
Transportation Aid 10-3120 149,313 149,313 0
Special Education Aid 10-3130 2,143,520 2,143,520 0
Bilingual Education 10-3140 13,082 13,082 0
Aid for Adult and Post-Graduate Programs 10-3191 0 39,960 0
Extraordinary Aid 10-3131 82,591 0 109,612
Consolidated Aid 10-3195 263,657 263,657 0
Additional Formula Aid 10-3196 80,002 167,560 0
Other State Aids 10-3XXX 195,388 171,860 54,684
Categorical Special Education Aid 10-3132 0 0 1,313,044
Categorical Security Aid 10-3177 0 0 200,149
Adjustment Aid 10-3178 0 0 620,960
Categorical Transportation Aid 10-3121 0 0 965,922
SUBTOTAL  2,927,553 2,948,952 3,264,371
Adjustment for Prior Year Encumbrances  0 913,147 0
Actual Revenues (Over)/Under Expenditures  1,056,013 0 0
TOTAL OPERATING BUDGET  49,940,230 49,125,511 53,714,834
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 0 25,000 0
Revenues from State Sources:
Instructional Supplement Aid 20-3214 97,173 97,173 0
Other Restricted Entitlements 20-32XX 52,351 322,503 10,938
TOTAL REVENUES FROM STATE SOURCES  149,524 419,676 10,938
Revenues from Federal Sources:
Title I 20-4411-4416 156,679 214,635 165,458
I.D.E.A. Part B (Handicapped) 20-4420-4429 468,910 493,777 395,022
Other 20-4XXX 105,998 103,370 81,040
TOTAL REVENUES FROM FEDERAL SOURCES  731,587 811,782 641,520
TOTAL GRANTS AND ENTITLEMENTS  881,111 1,256,458 652,458
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 0 59
Revenues from Local Sources:
Local Tax Levy 40-1210 2,321,479 2,439,263 2,349,491
Miscellaneous 40-1XXX 201 0 0
TOTAL REVENUES FROM LOCAL SOURCES  2,321,680 2,439,263 2,349,491
TOTAL LOCAL REPAYMENT OF DEBT  2,321,680 2,439,263 2,349,550
Actual Revenues (Over)/Under Expenditures  166,020 0 0
TOTAL REPAYMENT OF DEBT  2,487,700 2,439,263 2,349,550
TOTAL REVENUES/SOURCES  53,309,041 52,821,232 56,716,842

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX13,310,15313,090,33414,037,037
Special Education 11-2XX-100-XXX4,521,3774,272,1845,241,178
Basic Skills/Remedial 11-230-100-XXX71,86376,64683,857
Bilingual Education 11-240-100-XXX1,51674,57780,800
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX344,067350,622363,388
School Sponsored Athletics 11-402-100-XXX1,211,6341,099,8171,200,860
Support Services:
Tuition 11-000-100-XXX1,537,3421,224,045975,708
Attendance and Social Work Services 11-000-211-XXX138,552116,376120,055
Health Services 11-000-213-XXX221,843219,020221,340
Students - Related & Extraordinary 11-000-216,217153,524152,004158,900
Guidance 11-000-218-XXX1,107,4111,084,9631,144,252
Child Study Teams 11-000-219-XXX1,202,3161,175,7721,305,369
Improvement of Instructional Services 11-000-221-XXX150,590196,875285,818
Educational Media Services - School Library 11-000-222-XXX518,120445,249456,118
Instructional Staff Training Services 11-000-223-XXX13,07018,47820,475
General Administration 11-000-230-XXX1,056,9321,177,541950,184
School Administration 11-000-240-XXX2,239,9562,086,4402,146,031
Central Svcs & Admin Info Technology 11-000-25X-XXX821,569783,937713,082
Operation and Maintenance of Plant Services 11-000-26X-XXX5,412,1076,186,8956,256,071
Student Transportation Services 11-000-270-XXX3,063,3253,244,3273,022,022
Personal Services - Employee Benefits 11-XXX-XXX-2XX10,114,58610,611,76612,189,233
Total Support Services Expenditures 27,751,24328,723,68829,964,658
TOTAL GENERAL CURRENT EXPENSE 47,211,85347,687,86850,971,778
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-60400669,615
Interest Earned on Capital Reserve 10-60405001,000
Equipment 12-XXX-XXX-73X1,957,181596,164917,725
Facilities Acquisition and Construction Services 12-000-4XX-XXX374,956370,138677,900
TOTAL CAPITAL EXPENDITURES 2,332,137966,8022,266,240
SPECIAL SCHOOLS
Accredited Evening/Adult High School/Post-Graduate:
Instruction 13-601-100-XXX60,34265,00075,805
Support Services 13-601-200-XXX180,980269,168232,586
Total Accredited Evening/Adult HS/Post-Grad. 241,322334,168308,391
Adult Education - Local:
Instruction 13-602-100-XXX67,46752,01683,325
Support Services 13-602-200-XXX87,45184,65785,100
Total Adult Education - Local 154,918136,673168,425
TOTAL SPECIAL SCHOOLS 396,240470,841476,816
OPERATING BUDGET GRAND TOTAL 49,940,23049,125,51153,714,834
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX025,0000
Instructional Supplement Aid:
Instruction 20-214-100-XXX97,17397,1730
TOTAL INSTRUCTIONAL SUPPLEMENT AID 97,17397,1730
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX3,5164,4153,532
Nonpublic Nursing Services 20-XXX-XXX-XXX4,3836,0984,878
Nonpublic Technology Initiative 20-XXX-XXX-XXX2,4703,1602,528
Other Special Projects 20-XXX-XXX-XXX41,982308,8300
Total State Projects 149,524419,67610,938
Federal Projects:
Title I 20-XXX-XXX-XXX156,679214,635165,458
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX468,910493,777395,022
Other Special Projects 20-XXX-XXX-XXX105,998103,37081,040
Total Federal Projects 731,587811,782641,520
TOTAL GRANTS AND ENTITLEMENTS 881,1111,256,458652,458
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX02,439,2632,349,550
Additional State School Building Aid-Ch.177 40-702-510-XXX2,487,70000
Total Additional State School Building Aid 2,487,70000
TOTAL REPAYMENT OF DEBT 2,487,7002,439,2632,349,550
Total Expenditures 53,309,04152,821,23256,716,842

 

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 Budget5,012,1251,719,8391,297,778964,247
  Repayment of Debt166,07959590
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve374,9560500671,115
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve1,203,0854,741,7804,741,7800
      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 Cost11,99412,82413,58813,81414,799
Total Classroom Instruction6,9047,3187,6887,8168,597
Classroom-Salaries and Benefits6,5197,0417,3447,4478,096
Classroom-General Supplies and Textbooks269235249265338
Classroom-Purchased Services and Other1174295103164
Total Support Services1,3621,4351,4881,4831,603
Support Services-Salaries and Benefits1,2811,3591,4081,4011,523
Total Administrative Costs1,4241,5601,5911,5971,591
Administration-Salaries and Benefits1,1091,2631,3101,2861,340
Total Operations and Maintenance of Plant1,7931,9592,2912,3832,424
Operations & Maintenance of Plant-Salary & Ben.8639651,0621,0611,143
Total Food Services Costs00000
Total Extracurricular Costs478506497501541
Total Equipment Costs297603182196300
Employee Benefits as a % of Salaries32.635.138.438.340.9

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
  • THE SOUTHERN REGIONAL SCHOOL DISTRICT PARTICPATES IN SHARED SERVICES IN
  • THE FOLLOWING WAYS:
  • 1.) PURCHASE SUPPLIES THROUGH THE ANNUAL ED DATA SCHOOL SUPPLY BID.
  • 2.) USE THE MONMOUTH OCEAN ED SERVICES COMMISION FOR SPECIAL EDUCATION
  • TRANSPORTATION THAT THE DISTRICT CANNOT PROVIDE.
  • 3.) CURRENTLY EMPLOYS TWO SCHOOL RESOURCE OFFICERS FROM STAFFORD TWP.
  • 4.) WILL PROVIDE GROUNDS, MAINTENANCE AND TECH SERVICES TO THE LONG BEACH
  • ISLAND CONSOLIDATED SCHOOL DISTRICT IN 2008-09.
  • 5.) PROVIDES TRANSPORTATIONS SERVICES TO THE OCEAN TOWNSHIP SCHOOL
  • DISTRICT FOR GRADES PREK TO 12.
  • 6.) PURCHASE FUEL FOR BUSSES THROUGH THE STAFFORD TOWNSHIP COOPERATIVE
  • 7.) BELONG TO ACES FOR THE PURCHASE OF BOTH ELECTRICITY AND NATURAL GAS.
  • 8.) USE OCEAN COUNTY ROAD DEPARTMENT FOR ALL DISTRICT PAVING.

 

Estimated Tax Rate Information
BEACH HAVEN
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,072,708 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)1,623,718,636 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.2508 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy4,330,553 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)1,623,718,636 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.2667 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,072,708 (G)
Estimated Equalized Valuation (as of 10/01/2007)2,105,856,006 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.1934 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy4,330,553 (J)
Estimated Equalized Valuation (as of 10/01/2007)2,105,856,006 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.2056 (L)
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BARNEGAT LIGHT
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy2,263,309 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)1,062,628,253 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.2130 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy2,406,600 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)1,062,628,253 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.2265 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy2,263,309 (G)
Estimated Equalized Valuation (as of 10/01/2007)1,227,143,276 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.1844 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy2,406,600 (J)
Estimated Equalized Valuation (as of 10/01/2007)1,227,143,276 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.1961 (L)
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HARVEY CEDARS
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy2,219,078 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)1,362,664,038 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.1628 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy2,359,569 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)1,362,664,038 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.1732 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy2,219,078 (G)
Estimated Equalized Valuation (as of 10/01/2007)1,406,102,117 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.1578 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy2,359,569 (J)
Estimated Equalized Valuation (as of 10/01/2007)1,406,102,117 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.1678 (L)
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LONG BEACH TWP
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy14,740,610 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)7,281,862,420 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.2024 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy15,673,844 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)7,281,862,420 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.2152 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy14,740,610 (G)
Estimated Equalized Valuation (as of 10/01/2007)8,626,414,887 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.1709 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy15,673,844 (J)
Estimated Equalized Valuation (as of 10/01/2007)8,626,414,887 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.1817 (L)
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SHIP BOTTOM
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy2,384,705 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)1,068,359,499 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.2232 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy2,535,682 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)1,068,359,499 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.2373 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy2,384,705 (G)
Estimated Equalized Valuation (as of 10/01/2007)1,325,772,467 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.1799 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy2,535,682 (J)
Estimated Equalized Valuation (as of 10/01/2007)1,325,772,467 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.1913 (L)
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SURF CITY
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy3,478,673 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)1,491,669,073 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.2332 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy3,698,909 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)1,491,669,073 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.2480 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy3,478,673 (G)
Estimated Equalized Valuation (as of 10/01/2007)1,786,391,438 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.1947 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy3,698,909 (J)
Estimated Equalized Valuation (as of 10/01/2007)1,786,391,438 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.2071 (L)
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STAFFORD TWP
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy7,951,559 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)4,250,899,637 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.1871 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy8,454,975 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)4,250,899,637 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.1989 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy7,951,559 (G)
Estimated Equalized Valuation (as of 10/01/2007)5,052,309,775 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.1574 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy8,454,975 (J)
Estimated Equalized Valuation (as of 10/01/2007)5,052,309,775 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.1673 (L)