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User Friendly Budgets
2009

ATLANTIC - LONGPORT

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual		October 15, 2009
Actual		October 15, 2010
Estimated
Pupils Sent to Other Districts-Reg Prog555665
Pupils Sent to Other Dists-Spec Ed Prog4101

 

Advertised Revenues
Budget CategoryAccount2007-08
Actual		2008-09
Revised		2009-10
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 25,000 0
Revenues from Local Sources:
Local Tax Levy 10-1210 965,223 981,343 1,017,851
Unrestricted Miscellaneous Revenues 10-1XXX 15,868 3,000 3,000
SUBTOTAL  981,091 984,343 1,020,851
Revenues from State Sources:
Transportation Aid 10-3120 10,048 0 0
Special Education Aid 10-3130 10,922 0 0
Stabilization Aid 10-3171 71,301 0 0
Consolidated Aid 10-3195 5,267 0 0
Additional Formula Aid 10-3196 5,940 0 0
Other State Aids 10-3XXX 9,931 0 0
Categorical Special Education Aid 10-3132 0 29,254 35,483
Categorical Security Aid 10-3177 0 3,838 4,741
Adjustment Aid 10-3178 0 58,505 81,098
Categorical Transportation Aid 10-3121 0 13,951 11,314
SUBTOTAL  113,409 105,548 132,636
Adjustment for Prior Year Encumbrances  0 34,062 0
Actual Revenues (Over)/Under Expenditures  -70,901 0 0
TOTAL OPERATING BUDGET  1,023,599 1,148,953 1,153,487
TOTAL REVENUES/SOURCES  1,023,599 1,148,953 1,153,487

 

Advertised Appropriations
Budget CategoryAccount2007-08
Expenditures		2008-09
Rev. Approp.		2009-10
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Support Services:
Tuition 11-000-100-XXX915,314967,696986,064
General Administration 11-000-230-XXX25,46746,44342,700
Central Svcs & Admin Info Technology 11-000-25X-XXX5,0005,6006,000
Operation and Maintenance of Plant Services 11-000-26X-XXX3,83310,0009,000
Student Transportation Services 11-000-270-XXX72,24087,43584,000
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,7452,6001,500
Total Support Services Expenditures 1,023,5991,119,7741,129,264
TOTAL GENERAL CURRENT EXPENSE 1,023,5991,119,7741,129,264
CAPITAL EXPENDITURES
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X029,17924,223
OPERATING BUDGET GRAND TOTAL 1,023,5991,148,9531,153,487
GRANTS AND ENTITLEMENTS
Total Expenditures 1,023,5991,148,9531,153,487

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/07		Audited
Balance
6/30/08		Estimated
Balance
6/30/09		Estimated
Balance
6/30/10
Unreserved:
  General Operating Budget155,438226,392201,392201,392
  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

 

Shared Services
  • Longport receives transportation through a jointure with Ventnor Board of
  • Ed. They also receive telephone and office space from the Borough of
  • Longport. `

 

Estimated Tax Rate Information
A. Estimated 09-10 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,017,851 (A)
Estimated Net Taxable Valuation (as of 10/01/2008)1,561,605,377 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)x1000.0652 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,017,851 (D)
Estimated Net Taxable Valuation (as of 10/01/2008)1,561,605,377 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)x1000.0652 (F)
B. Estimated 09-10 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,017,851 (G)
Estimated Equalized Valuation (as of 10/01/2008)1,999,702,350 (H)
Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)x1000.0509 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,017,851 (J)
Estimated Equalized Valuation (as of 10/01/2008)1,999,702,350 (K)
Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)x1000.0509 (L)