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User Friendly Budgets
2010

OCEAN - POINT PLEASANT BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils on Roll Regular Full-Time2,7382,6342,629
Pupils on Roll Regular Shared-Time393229
spacing
Pupils on Roll - Special Full-Time352380373
Pupils on Roll - Special Shared-Time131210
Private School Placements171120
spacing
Pupils Sent to Other Districts-Reg Prog001
Pupils Sent to Other Dists-Spec Ed Prog345
Pupils Received131514
Pupils in State Facilities111

 

Advertised Revenues
Budget CategoryAccount2008-09
Actual
2009-10
Revised
2010-11
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 1,479,089 1,350,000
Withdrawal from Current Expense Emergency Rsv 10-312 0 0 150,000
Withdrawal from Cap Res-for Local Share 10-307 0 200,000 0
Withdrawal from Maint. Reserve 10-310 0 0 150,000
Revenues from Local Sources:
Local Tax Levy 10-1210 25,919,800 26,615,115 28,218,093
Tuition 10-1300 111,863 82,622 87,730
Transportation Fees from Other LEAs 10-1420-1440 6,579 0 0
Interest Earned on Maintenance Reserve 10-1XXX 0 0 3,000
Interest Earned on Capital Reserve Funds 10-1XXX 20,124 15,900 6,800
Unrestricted Miscellaneous Revenues 10-1XXX 487,537 226,000 176,000
SUBTOTAL  26,545,903 26,939,637 28,491,623
Revenues from State Sources:
Extraordinary Aid 10-3131 137,033 63,000 77,762
Other State Aids 10-3XXX 5,605 0 0
Categorical Special Education Aid 10-3132 1,592,148 1,616,761 1,011,669
Equalization Aid 10-3176 4,575,079 4,727,412 4,019,050
Categorical Security Aid 10-3177 218,002 227,409 0
Categorical Transportation Aid 10-3121 323,459 351,601 0
SUBTOTAL  6,851,326 6,986,183 5,108,481
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 8,245 2,500 11,237
SUBTOTAL  8,245 2,500 11,237
Adjustment for Prior Year Encumbrances  0 560,368 0
Actual Revenues (Over)/Under Expenditures  -1,372,115 0 0
TOTAL OPERATING BUDGET  32,033,359 36,167,777 35,261,341
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 58,608 0 0
Revenues from Federal Sources:
Title I 20-4411-4416 98,805 121,094 109,732
I.D.E.A. Part B (Handicapped) 20-4420-4429 649,083 1,324,113 636,914
Other 20-4XXX 68,996 112,980 81,666
TOTAL REVENUES FROM FEDERAL SOURCES  816,884 1,558,187 828,312
TOTAL GRANTS AND ENTITLEMENTS  875,492 1,558,187 828,312
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 1,968,875 1,969,090 1,585,982
TOTAL REVENUES FROM LOCAL SOURCES  1,968,875 1,969,090 1,585,982
Revenues from State Sources:
Debt Service Aid Type II 40-3160 301,850 302,286 204,853
TOTAL LOCAL REPAYMENT OF DEBT  2,270,725 2,271,376 1,790,835
TOTAL REPAYMENT OF DEBT  2,270,725 2,271,376 1,790,835
TOTAL REVENUES/SOURCES  35,179,576 39,997,340 37,880,488
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL REVENUES/SOURCES NET OF TRANSFERS  35,179,576 39,997,340 37,880,488

 

Advertised Appropriations
Budget CategoryAccount2008-09
Expenditures
2009-10
Rev. Approp.
2010-11
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX12,084,23912,600,83412,390,166
Special Education 11-2XX-100-XXX2,471,7792,603,9562,666,555
Basic Skills/Remedial 11-230-100-XXX108,213158,300136,211
Bilingual Education 11-240-100-XXX52,52456,15058,850
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX204,222236,724209,772
School Sponsored Athletics 11-402-100-XXX618,061689,847615,369
Support Services:
Tuition 11-000-100-XXX659,032824,0771,027,163
Attendance and Social Work Services 11-000-211-XXX187,738196,791174,822
Health Services 11-000-213-XXX364,065383,491399,075
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217692,668826,871927,062
Guidance 11-000-218-XXX853,325859,919861,350
Child Study Teams 11-000-219-XXX887,759965,258989,844
Improvement of Instructional Services 11-000-221-XXX45,42060,26061,686
Educational Media Services - School Library 11-000-222-XXX385,431387,950357,335
Instructional Staff Training Services 11-000-223-XXX161,649201,336147,362
General Administration 11-000-230-XXX694,460887,824783,525
School Administration 11-000-240-XXX1,542,6871,682,3091,573,838
Central Svcs & Admin Info Technology 11-000-25X-XXX623,254701,572595,990
Interest Earned on Maintenance Reserve 10-606003,000
Operation and Maintenance of Plant Services 11-000-26X-XXX3,656,8774,050,0383,786,394
Student Transportation Services 11-000-270-XXX1,177,1841,305,7021,278,420
Personal Services - Employee Benefits 11-XXX-XXX-2XX4,417,8315,602,4995,967,063
Total Support Services Expenditures 16,349,38018,935,89718,930,929
TOTAL GENERAL CURRENT EXPENSE 31,888,41835,281,70835,010,852
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604015,9006,800
Equipment 12-XXX-XXX-73X144,941470,168188,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX0400,00155,689
TOTAL CAPITAL EXPENDITURES 144,941886,069250,489
OPERATING BUDGET GRAND TOTAL 32,033,35936,167,77735,261,341
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX58,60800
Federal Projects:
Title I 20-XXX-XXX-XXX98,805121,094109,732
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX649,0831,324,113636,914
Other Special Projects 20-XXX-XXX-XXX68,996112,98081,666
Total Federal Projects 816,8841,558,187828,312
TOTAL GRANTS AND ENTITLEMENTS 875,4921,558,187828,312
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX2,270,7252,271,3761,790,835
TOTAL REPAYMENT OF DEBT 2,270,7252,271,3761,790,835
Total Expenditures 35,179,57639,997,34037,880,488
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS 35,179,57639,997,34037,880,488

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/08
Audited
Balance
6/30/09
Estimated
Balance
6/30/10
Estimated
Balance
6/30/11
Unassigned:
  General Operating Budget1,700,2902,261,2461,837,201712,148
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve648,168668,292484,192490,992
      Adult Education Programs0000
      Maintenance Reserve198,283404,500404,500257,500
      Legal Reserve488,617656,749224,9470
      Tuition Reserve0000
      Current Expense Emergency Reserve150,035302,835302,835152,835
  Restricted for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2007-08
Actual
2008-09
Actual
2009-10
Original
Budget
2009-10
Revised
Budget
2010-11
Proposed
Budget
Total Comparative Per Pupil Cost9,5929,64110,38410,91310,817
Total Classroom Instruction5,6545,6716,0966,3056,363
Classroom-Salaries and Benefits5,3165,3585,7885,9886,085
Classroom-General Supplies and Textbooks293268227245199
Classroom-Purchased Services and Other4446817278
Total Support Services1,3831,3781,5471,5741,623
Support Services-Salaries and Benefits1,2961,2981,4321,4411,510
Total Administrative Costs1,1231,0791,1641,2901,194
Administration-Salaries and Benefits9969321,0011,0711,032
Legal Costs00131716
Total Operations and Maintenance of Plant1,0881,1821,1951,3461,267
Operations & Maintenance of Plant-Salary & Ben.5948575662
Total Food Services Costs00000
Total Extracurricular Costs307307348363329
Total Equipment Costs524713515562
Employee Benefits as a % of Salaries25.821.525.825.727.6

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2010 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 2009-10 revised appropriations and 2010-11 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
  • Brick Schools Shared Service agreement for buses, mechanics, drivers
  • Point Plesant Beach Shared transportation services- Jointures, other buss
  • Monmouth Ocean Ed Services- Transportation services,special Ed, Voc
  • ACT- Alliance for Competitive Telecommunications
  • Toms River Schools- Printing services
  • MOCSSIF - New Jersey School Boards -Joint Insurance Fund- Workers Comp
  • New Jersey State Health Plan
  • ACES - Statewide Cooperative for purchase of Natural Gas and Electricity
  • EDucational Data- Cooperative bid with Schools for School supplies,Equipt
  • Borough of Point Pleasant-Joint purchase Fuel, share equipment,recycling
  • Middlesex County Ed Services- Joint purchases for equipment and buses
  • County of Ocean and State Contract bid prices used by the district when
  • unable to obtain better pricing

 

Estimated Tax Rate Information
A. Estimated 10-11 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy28,218,093 (A)
Estimated Net Taxable Valuation (as of 10/01/2009)3,279,020,068 (B)
Estimated 10-11 General Fund School Tax Rate=(A)/(B)x1000.8606 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy29,804,075 (D)
Estimated Net Taxable Valuation (as of 10/01/2009)3,279,020,068 (E)
Estimated 10-11 Total School Tax Rate=(D)/(E)x1000.9089 (F)
B. Estimated 10-11 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy28,218,093 (G)
Estimated Equalized Valuation (as of 10/01/2009)3,811,358,194 (H)
Estimated 10-11 Equalized General Fund School Tax Rate=(G)/(H)x1000.7404 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy29,804,075 (J)
Estimated Equalized Valuation (as of 10/01/2009)3,811,358,194 (K)
Estimated 10-11 Equalized Total School Tax Rate=(J)/(K)x1000.7820 (L)

 

Administrative Salaries
Employee Name: Denise McCarthy 
Job TitleAsst Business Administrator 
Base Annual Salary75,447 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2009 
  Ending Date of Contract06/30/2010 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 20 
  Contracted Number of Annual Sick Days12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances500 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount15,000 
  Description of: 
   Buyback of Sick Days at the End of ContractMax payout if days not used 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Jonathan Triebwasser 
Job TitleCoordinator/Dir./Mgr./Supvr. Tranportation and Cafeteria 
Base Annual Salary87,000 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2009 
  Ending Date of Contract06/30/2010 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 20 
  Contracted Number of Annual Sick Days14 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances150 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount15,000 
  Description of: 
   Buyback of Sick Days at the End of ContractMax payout if days unused 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Maureen Madden 
Job TitleAssistant Superintendent 
Base Annual Salary148,419 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2009 
  Ending Date of Contract06/30/2010 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 25 
  Contracted Number of Annual Sick Days14 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount15,000 
  Description of: 
   Buyback of Sick Days at the End of Contract$15k Max amount-(teachers $118 per day 
   Buyback of Vacation Days at the End of Contractno max unless hired after 7/1/99 than 
   Buyback of Personal Days at the End of Contractthe $15K limit applies) 
   Other Contractual Post-Employment Benefits 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Steven Corso 
Job TitleBusiness Administrator Board Secretary 
Base Annual Salary157,634 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2009 
  Ending Date of Contract06/30/2010 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 25 
  Contracted Number of Annual Sick Days14 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances1,690 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount45,339 
  Description of: 
   Buyback of Sick Days at the End of ContractMax payout if sick days not used. The 
   Buyback of Vacation Days at the End of Contractteachers contract allows $118 per day 
   Buyback of Personal Days at the End of Contractfor teachers hired prior to 7/1/99 no 
   Other Contractual Post-Employment BenefitsMax- teachers hired after 7/1/99 max is $15k 
Other/In-Kind Remuneration
  Description of: 
   Annual Option to Buy Back Sick Time in Cash 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments 
Employee Name: Vincent Smith 
Job TitleSuperintendent 
Base Annual Salary194,200 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2009 
  Ending Date of Contract06/30/2010 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 25 
  Contracted Number of Annual Sick Days14 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances2,400 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount15,000 
  Description of: 
   Buyback of Sick Days at the End of ContractMax payout same as new teachers 
   Buyback of Vacation Days at the End of Contract 
   Buyback of Personal Days at the End of Contract 
   Other Contractual Post-Employment Benefits 
Other/In-Kind Remuneration7,115 
  Description of: 
   Annual Option to Buy Back Sick Time in Cashnot applicable 
   Annual Option to Buy Back Vacation Time in Cash 
   Annual Option to Buy Back Personal Time in Cash 
   All Other In-Kind or Other Remuneration 
Additional Comments