>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>ATLANTIC  >>MARGATE CITY

User Friendly Budgets
2011-2012

ATLANTIC - MARGATE CITY

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2009
Actual
October 15, 2010
Actual
October 15, 2011
Estimated
Pupils on Roll Regular Full-Time512468465
spacing
Pupils on Roll - Special Full-Time644943
Private School Placements222
spacing
Pupils Sent to Other Districts-Reg Prog120114118
Pupils Sent to Other Dists-Spec Ed Prog131719
Pupils Received857065
Pupils in State Facilities122

 

Advertised Revenues
Budget CategoryAccount2009-10
Actual
2010-11
Revised
2011-12
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 902,912 668,217
Revenues from Local Sources:
Local Tax Levy 10-1210 9,987,118 10,536,409 10,536,409
Tuition 10-1300 902,276 786,724 666,498
Unrestricted Miscellaneous Revenues 10-1XXX 228,213 80,000 363,825
SUBTOTAL  11,117,607 11,403,133 11,566,732
Revenues from State Sources:
Extraordinary Aid 10-3131 0 6,963 0
Other State Aids 10-3XXX 0 21,300 0
Categorical Special Education Aid 10-3132 278,914 252,824 294,507
Categorical Security Aid 10-3177 28,124 0 44,092
Adjustment Aid 10-3178 288,304 0 0
Categorical Transportation Aid 10-3121 91,155 0 50,975
SUBTOTAL  686,497 281,087 389,574
Revenues from Federal Sources:
Education Jobs Fund 18-4522 0 0 31,012
SUBTOTAL  0 0 31,012
Adjustment for Prior Year Encumbrances  0 7,392 0
Actual Revenues (Over)/Under Expenditures  861,719 0 0
TOTAL OPERATING BUDGET  12,665,823 12,594,524 12,655,535
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 27,669 0 0
Revenues from Federal Sources:
Title I 20-4411-4416 36,809 32,801 27,880
I.D.E.A. Part B (Handicapped) 20-4420-4429 239,471 167,879 142,695
Other 20-4XXX 34,366 27,559 23,425
TOTAL REVENUES FROM FEDERAL SOURCES  310,646 228,239 194,000
TOTAL GRANTS AND ENTITLEMENTS  338,315 228,239 194,000
TOTAL REVENUES/SOURCES  13,004,138 12,822,763 12,849,535
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL REVENUES/SOURCES NET OF TRANSFERS  13,004,138 12,822,763 12,849,535

 

Advertised Appropriations
Budget CategoryAccount2009-10
Expenditures
2010-11
Rev. Approp.
2011-12
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX3,528,0443,450,6293,289,202
Special Education 11-2XX-100-XXX417,950510,825587,403
Basic Skills/Remedial 11-230-100-XXX175,741162,825165,468
Bilingual Education 11-240-100-XXX28,02536,57537,271
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX43,50320,70028,625
School Sponsored Athletics 11-402-100-XXX27,17519,09322,175
Summer School 11-422-XXX-XXX06,1885,525
Support Services:
Tuition 11-000-100-XXX2,892,8612,411,5642,374,810
Attendance and Social Work Services 11-000-211-XXX41,20042,28042,914
Health Services 11-000-213-XXX239,916183,241184,805
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217353,782339,715353,496
Child Study Teams 11-000-219-XXX207,366235,299247,142
Improvement of Instructional Services 11-000-221-XXX156,59994,82194,722
Educational Media Services - School Library 11-000-222-XXX233,557268,082313,190
General Administration 11-000-230-XXX503,004401,352454,334
School Administration 11-000-240-XXX238,702186,012176,711
Central Svcs & Admin Info Technology 11-000-25X-XXX159,844208,231201,237
Operation and Maintenance of Plant Services 11-000-26X-XXX1,346,0541,426,7251,355,208
Student Transportation Services 11-000-270-XXX296,476369,292400,188
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,565,3531,853,7471,912,708
Food Services 11-000-310-XXX83,71784,31378,928
Total Support Services Expenditures 8,318,4318,104,6748,190,393
TOTAL GENERAL CURRENT EXPENSE 12,538,86912,311,50912,326,062
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X63,93712,202104,900
Facilities Acquisition and Construction Services 12-000-4XX-XXX0158,21843,645
TOTAL CAPITAL EXPENDITURES 63,937170,420148,545
Transfer of Funds to Charter Schools 10-000-100-56X63,017112,595180,928
OPERATING BUDGET GRAND TOTAL 12,665,82312,594,52412,655,535
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX27,66900
Federal Projects:
Title I 20-XXX-XXX-XXX36,80932,80127,880
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX239,471167,879142,695
Other Special Projects 20-XXX-XXX-XXX34,36627,55923,425
Total Federal Projects 310,646228,239194,000
TOTAL GRANTS AND ENTITLEMENTS 338,315228,239194,000
Total Expenditures 13,004,13812,822,76312,849,535
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS 13,004,13812,822,76312,849,535

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/09
Audited
Balance
6/30/10
Estimated
Balance
6/30/11
Estimated
Balance
6/30/12
Unassigned:
  General Operating Budget874,421981,172371,181250,056
  Repayment of Debt0000
Restricted for Specific Purposes:
  General Operating Budget:
      Capital Reserve0000
      Adult Education Programs0000
      Maintenance Reserve25,000000
      Legal Reserve1,393,053722,148547,0920
      Tuition Reserve0000
      Current Expense Emergency Reserve250,000000
  Restricted for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2008-09
Actual
2009-10
Actual
2010-11
Original
Budget
2010-11
Revised
Budget
2011-12
Proposed
Budget
Total Comparative Per Pupil Cost15,24716,20018,87518,29018,551
Total Classroom Instruction8,7229,06310,73210,49110,515
Classroom-Salaries and Benefits8,2818,70210,1839,99210,073
Classroom-General Supplies and Textbooks437359547498440
Classroom-Purchased Services and Other32222
Total Support Services2,4432,6542,9362,8503,070
Support Services-Salaries and Benefits1,9502,4082,5742,4622,592
Total Administrative Costs1,7411,8331,7401,7191,719
Administration-Salaries and Benefits1,4491,5361,3871,3351,347
Legal Costs080106116114
Total Operations and Maintenance of Plant2,0212,3443,1662,9482,942
Operations & Maintenance of Plant-Salary & Ben.012367741,118
Total Food Services Costs191146177163155
Total Extracurricular Costs11714610298127
Total Equipment Costs57111024206
Employee Benefits as a % of Salaries22.726.934.732.232.6

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2011 Taxpayers Guide to Education Spending (formerly Comparative Spending Guide) and can be found on the Department of Education's Internet address: http://www.state.nj.us/education under Finance. This publication is available in the board office and public libraries. The same calculations were performed using the 2010-11 revised appropriations and 2011-12 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.

 

Unusual Revenues and Appropriations
SourceAmountDescription
Solar Renewalable Energy285,000 SRECs netted to energy cost prior years
Total Unusual Revenues285,000 

 

Shared Services
  • Federal E-rate program for discounted telephone service
  • Participation in Xtel communications consortium
  • Alliance for Competitive Energy Services (ACES) for electric and gas heat
  • Transportation Jointures with Ventnor School District
  • Transportation Jointures with Atlantic County Special Services
  • School Lunch Program with Ventnor School District
  • School Alliance Insurance Fund for other than health
  • Federal E-rate program for discounted internet service
  • Purchase of diesel fuel and gasoline through the City of Margate
  • Snow removal of the district parking lots through the City of Margate
  • Speech Services with Northfield School District
  • Dental insurance through a consortsium of several area schools
  • Trash and water through the City of Margate

 

Estimated Tax Rate Information
A. Estimated 11-12 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy10,536,409 (A)
Estimated Net Taxable Valuation (as of 10/01/2010)3,456,806,629 (B)
Estimated 11-12 General Fund School Tax Rate=(A)/(B)x1000.3048 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy10,536,409 (D)
Estimated Net Taxable Valuation (as of 10/01/2010)3,456,806,629 (E)
Estimated 11-12 Total School Tax Rate=(D)/(E)x1000.3048 (F)
B. Estimated 11-12 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy10,536,409 (G)
Estimated Equalized Valuation (as of 10/01/2010)4,016,098,314 (H)
Estimated 11-12 Equalized General Fund School Tax Rate=(G)/(H)x1000.2624 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy10,536,409 (J)
Estimated Equalized Valuation (as of 10/01/2010)4,016,098,314 (K)
Estimated 11-12 Equalized Total School Tax Rate=(J)/(K)x1000.2624 (L)

 

Administrative Salaries
Employee Name: Susan E. Palaia 
Job TitleBusiness Administrator 
Base Annual Salary91,709 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract07/01/2011 
  Ending Date of Contract06/30/2011 
  Contracted Number of Annual Work Days261 
  Contracted Number of Annual Vacation Days 20 
  Contracted Number of Annual Sick Days 12 
  Contracted Number of Annual Personal Days
  Contracted Number of Annual Consulting Days
  Number of Other Contracted Non-working Days 12 
  Description of Other Contracted Non-working DaysFamily Illness Days 
Benefits: 
Allowances1,455 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of Contract 
   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: Theresa DeFranco 
Job TitleSuperintendent 
Base Annual Salary133,875 
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 Contract06/30/2012 
  Contracted Number of Annual Work Days261 
  Contracted Number of Annual Vacation Days 20 
  Contracted Number of Annual Sick Days 14 
  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 DaysFamily Illness Days 
Benefits: 
Allowances2,140 
Bonuses
Stipends
District Contributions above Teacher Contract: 
  Insurance: Health, Dental, Life, Other
  Retirement Plans
Contractual Post-Employment Benefits Amount
  Description of: 
   Buyback of Sick Days at the End of Contract 
   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