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User Friendly Budgets
2008

OCEAN - TUCKERTON BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time235246260
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Pupils on Roll - Special Full-Time304151
spacing
Pupils Sent to Other Dists-Spec Ed Prog121
Pupils Received020

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 108,959 115,575
Revenues from Local Sources:
Local Tax Levy 10-1210 1,908,256 2,010,047 2,215,194
Tuition 10-1300 3,748 10,000 20,000
Unrestricted Miscellaneous Revenues 10-1XXX 68,324 20,000 20,000
SUBTOTAL  1,980,328 2,040,047 2,255,194
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 682,594 682,594 0
Transportation Aid 10-3120 19,563 19,563 0
Special Education Aid 10-3130 324,179 324,179 0
Stabilization Aid 10-3171 73,136 73,136 0
Extraordinary Aid 10-3131 2,766 0 9,413
Consolidated Aid 10-3195 30,847 30,847 0
Additional Formula Aid 10-3196 28,730 71,201 0
Other State Aids 10-3XXX 2,815 37,593 0
Categorical Special Education Aid 10-3132 0 0 123,711
Equalization Aid 10-3176 0 0 898,216
Categorical Security Aid 10-3177 0 0 48,428
Adjustment Aid 10-3178 0 0 398,241
Categorical Transportation Aid 10-3121 0 0 19,308
SUBTOTAL  1,164,630 1,239,113 1,497,317
Adjustment for Prior Year Encumbrances  0 94,768 0
Actual Revenues (Over)/Under Expenditures  -104,057 0 0
TOTAL OPERATING BUDGET  3,040,901 3,482,887 3,868,086
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Early Childhood Program Aid 20-3211 154,557 156,482 0
Demonstrably Effective Program Aid 20-3212 98,386 100,164 0
Preschool Education Aid 20-3218 0 0 72,978
Other Restricted Entitlements 20-32XX 25,000 0 0
TOTAL REVENUES FROM STATE SOURCES  277,943 256,646 72,978
Revenues from Federal Sources:
Title I 20-4411-4416 68,060 66,731 67,000
I.D.E.A. Part B (Handicapped) 20-4420-4429 57,638 66,000 66,000
Other 20-4XXX 16,496 0 0
TOTAL REVENUES FROM FEDERAL SOURCES  142,194 132,731 133,000
TOTAL GRANTS AND ENTITLEMENTS  420,137 389,377 205,978
REPAYMENT OF DEBT
Transfers from Other Funds 40-5200 20,334 0 0
Revenues from Local Sources:
Local Tax Levy 40-1210 278,489 239,727 273,203
Miscellaneous 40-1XXX 0 42,045 0
TOTAL REVENUES FROM LOCAL SOURCES  278,489 281,772 273,203
Revenues from State Sources:
Debt Service Aid Type II 40-3160 58,933 56,131 53,330
TOTAL LOCAL REPAYMENT OF DEBT  357,756 337,903 326,533
Actual Revenues (Over)/Under Expenditures  -9,923 0 0
TOTAL REPAYMENT OF DEBT  347,833 337,903 326,533
TOTAL REVENUES/SOURCES  3,808,871 4,210,167 4,400,597

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX977,1851,000,1371,172,401
Special Education 11-2XX-100-XXX342,055386,946437,142
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX52,41339,00057,500
Support Services:
Tuition 11-000-100-XXX69,00968,00054,000
Health Services 11-000-213-XXX35,93937,12539,000
Students - Related & Extraordinary 11-000-216,21735,70535,90540,105
Guidance 11-000-218-XXX102,288134,330144,760
Child Study Teams 11-000-219-XXX107,734105,928123,043
Improvement of Instructional Services 11-000-221-XXX03,3003,600
Educational Media Services - School Library 11-000-222-XXX74,35877,82081,816
Instructional Staff Training Services 11-000-223-XXX4,6037,00026,584
General Administration 11-000-230-XXX132,323136,601139,850
School Administration 11-000-240-XXX66,49770,82274,104
Central Svcs & Admin Info Technology 11-000-25X-XXX21,85212,50012,600
Operation and Maintenance of Plant Services 11-000-26X-XXX375,460415,951440,366
Student Transportation Services 11-000-270-XXX115,703161,850167,001
Personal Services - Employee Benefits 11-XXX-XXX-2XX468,501732,672797,214
Food Services 11-000-310-XXX07,0007,000
Total Support Services Expenditures 1,609,9722,006,8042,151,043
TOTAL GENERAL CURRENT EXPENSE 2,981,6253,432,8873,818,086
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X8,00000
Facilities Acquisition and Construction Services 12-000-4XX-XXX51,27650,00050,000
TOTAL CAPITAL EXPENDITURES 59,27650,00050,000
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 3,040,9013,482,8873,868,086
GRANTS AND ENTITLEMENTS
Early Childhood Program Aid:
Instruction 20-211-100-XXX133,444135,97272,978
Support Services 20-211-200-XXX21,11320,5100
TOTAL EARLY CHILDHOOD PROGRAM AID 154,557156,48272,978
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX85,35986,7610
Support Services 20-212-200-XXX13,02713,4030
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 98,386100,1640
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX25,00000
Total State Projects 277,943256,64672,978
Federal Projects:
Title I 20-XXX-XXX-XXX68,06066,73167,000
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX57,63866,00066,000
Other Special Projects 20-XXX-XXX-XXX16,49600
Total Federal Projects 142,194132,731133,000
TOTAL GRANTS AND ENTITLEMENTS 420,137389,377205,978
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX347,833337,903326,533
TOTAL REPAYMENT OF DEBT 347,833337,903326,533
Total Expenditures 3,808,8714,210,1674,400,597

 

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 Budget105,920362,915253,956250,000
  Repayment of Debt52,45662,37900
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve0000
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve199,277111,619111,6190
      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 Cost10,06711,35911,89012,05511,801
Total Classroom Instruction6,0186,9997,1317,3617,155
Classroom-Salaries and Benefits5,7246,4286,7236,6306,757
Classroom-General Supplies and Textbooks184538319505323
Classroom-Purchased Services and Other111338922776
Total Support Services1,4721,6051,7921,7671,836
Support Services-Salaries and Benefits1,2021,2751,3621,3431,394
Total Administrative Costs9609801,005990844
Administration-Salaries and Benefits736802860848447
Total Operations and Maintenance of Plant1,4831,5381,7021,6791,631
Operations & Maintenance of Plant-Salary & Ben.726707880867831
Total Food Services Costs250252423
Total Extracurricular Costs109236176173238
Total Equipment Costs030000
Employee Benefits as a % of Salaries24.524.635.935.934.8

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
  • Garbage Collection with Borough
  • Preschool Disabled class with neighboring district.
  • Member district of NJ Sch.Bds liability insurance group.
  • Transportation jointures with neighboring districts.
  • Sharing speech therapist and school nurse with neighboring district.
  • Member of paper/supplies/food consortiums.
  • Member of gas and electric purchasing group.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy2,215,194 (A)
Estimated Net Taxable Valuation (as of 03/01/2008)428,087,230 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.5175 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy2,488,397 (D)
Estimated Net Taxable Valuation (as of 03/01/2008)428,087,230 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.5813 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy2,215,194 (G)
Estimated Equalized Valuation (as of 10/01/2007)530,791,238 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.4173 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy2,488,397 (J)
Estimated Equalized Valuation (as of 10/01/2007)530,791,238 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.4688 (L)