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User Friendly Budgets
2012-13

OCEAN - LAKEWOOD TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2010
Actual
October 15, 2011
Actual
October 15, 2012
Estimated
Pupils on Roll Regular Full-Time4,4474,5904,663
Pupils on Roll Regular Shared-Time857331
spacing
Pupils on Roll - Special Full-Time775677679
Pupils on Roll - Special Shared-Time171717
Private School Placements181174178
spacing
Pupils Sent to Other Districts-Reg Prog067
Pupils Sent to Other Dists-Spec Ed Prog81019
Pupils Received110
Pupils in State Facilities1055

 

Advertised Revenues
Budget CategoryAccount2010-11
Actual
2011-12
Revised
2012-13
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 2,527,810 2,890,000
Transfers from Other Funds 10-5200 -92,394 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 71,593,625 70,238,004 70,630,210
Tuition 10-1300 52,832 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 352,047 175,000 248,000
SUBTOTAL  71,998,504 70,413,004 70,878,210
Revenues from State Sources:
Extraordinary Aid 10-3131 3,107,450 2,888,875 3,025,000
Other State Aids 10-3XXX 275,318 1,269,303 270,050
Categorical Special Education Aid 10-3132 2,748,847 2,748,847 2,904,408
Equalization Aid 10-3176 14,793,805 14,793,805 14,972,074
Categorical Security Aid 10-3177 2,180,913 2,180,913 2,136,065
Categorical Transportation Aid 10-3121 1,050,137 2,046,594 3,865,747
SUBTOTAL  24,156,470 25,928,337 27,173,344
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 410,507 447,334 447,334
SUBTOTAL  410,507 1,327,447 447,334
Adjustment for Prior Year Encumbrances  0 580,399 0
Actual Revenues (Over)/Under Expenditures  -1,239,774 0 0
TOTAL OPERATING BUDGET  95,233,313 100,776,997 101,388,888
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Preschool Education Aid - Pr Yr Carryover 20-3218 0 1,690,131 400,000
Preschool Education Aid 20-3218 2,719,837 2,360,004 2,317,374
Other Restricted Entitlements 20-32XX 14,265,953 12,064,139 12,500,000
TOTAL REVENUES FROM STATE SOURCES  16,985,790 16,114,274 15,217,374
Revenues from Federal Sources:
Title I 20-4411-4416 11,298,695 8,828,695 8,000,000
Title II 20-4451-4455 1,269,642 1,052,598 1,000,000
Title III 20-4491-4494 259,975 223,610 200,000
Title IV 20-4471-4474 16,290 0 0
I.D.E.A. Part B (Handicapped) 20-4420-4429 4,665,121 3,304,652 3,000,000
Vocational Education 20-4430 0 242,469 200,000
Other 20-4XXX 1,268,799 1,444,996 1,400,000
TOTAL REVENUES FROM FEDERAL SOURCES  18,778,522 15,097,020 13,800,000
TOTAL GRANTS AND ENTITLEMENTS  35,764,312 31,211,294 29,017,374
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 2 43
Revenues from Local Sources:
Local Tax Levy 40-1210 1,952,532 867,074 1,615,847
TOTAL REVENUES FROM LOCAL SOURCES  1,952,532 867,074 1,615,847
Revenues from State Sources:
Debt Service Aid Type II 40-3160 86,192 82,400 21,665
TOTAL LOCAL REPAYMENT OF DEBT  2,038,724 949,476 1,637,555
Actual Revenues (Over)/Under Expenditures  -43 0 0
TOTAL REPAYMENT OF DEBT  2,038,681 949,476 1,637,555
TOTAL REVENUES/SOURCES  133,036,306 132,937,767 132,043,817
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL REVENUES/SOURCES NET OF TRANSFERS  133,036,306 132,937,767 132,043,817

 

Advertised Appropriations
Budget CategoryAccount2010-11
Expenditures
2011-12
Rev. Approp.
2012-13
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX17,625,83415,550,02317,725,001
Special Education 11-2XX-100-XXX5,731,7566,111,1166,196,109
Basic Skills/Remedial 11-230-100-XXX1,014,328842,5001,064,000
Bilingual Education 11-240-100-XXX1,884,7711,971,7482,333,000
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX220,820167,481144,500
School Sponsored Athletics 11-402-100-XXX619,082769,239737,000
Community Services Programs/Operations 11-800-330-XXX94,05300
Support Services:
Tuition 11-000-100-XXX15,798,33715,563,73915,973,822
Attendance and Social Work Services 11-000-211-XXX71,088112,30067,700
Health Services 11-000-213-XXX407,048465,620415,478
Speech, OT, PT, Related & Extraordinary Services 11-000-216,2174,873,7325,141,1024,630,440
Guidance 11-000-218-XXX661,425933,704753,241
Child Study Teams 11-000-219-XXX2,967,0703,090,7282,936,000
Improvement of Instructional Services 11-000-221-XXX303,828961,024424,563
Educational Media Services - School Library 11-000-222-XXX523,258711,782507,100
Instructional Staff Training Services 11-000-223-XXX6,20916,97411,600
General Administration 11-000-230-XXX1,615,1721,816,4261,630,500
School Administration 11-000-240-XXX2,732,4372,854,4242,710,045
Central Svcs & Admin Info Technology 11-000-25X-XXX1,183,5941,376,1281,197,450
Operation and Maintenance of Plant Services 11-000-26X-XXX7,202,6216,752,3306,904,300
Student Transportation Services 11-000-270-XXX15,935,44820,043,34119,612,700
Personal Services - Employee Benefits 11-XXX-XXX-2XX13,720,95515,147,85315,366,339
Total Support Services Expenditures 68,002,22274,987,47573,141,278
TOTAL GENERAL CURRENT EXPENSE 95,192,866100,399,582101,340,888
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X39,92852,11347,586
Facilities Acquisition and Construction Services 12-000-4XX-XXX519325,302414
TOTAL CAPITAL EXPENDITURES 40,447377,41548,000
OPERATING BUDGET GRAND TOTAL 95,233,313100,776,997101,388,888
SPECIAL GRANTS AND ENTITLEMENTS
Preschool Education Aid:
Instruction 20-218-100-XXX1,930,9452,354,5522,317,374
Support Services 20-218-200-XXX743,9251,645,583400,000
Facilities Acquisition and Construction Services 20-218-400-XXX44,96750,0000
TOTAL PRESCHOOL EDUCATION AID 2,719,8374,050,1352,717,374
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX932,036802,543803,000
Nonpublic Auxiliary Services 20-XXX-XXX-XXX7,756,4305,020,5425,100,000
Nonpublic Handicapped Services 20-XXX-XXX-XXX4,370,6653,292,2213,300,000
Nonpublic Nursing Services 20-XXX-XXX-XXX1,206,822948,8811,297,000
Other Special Projects 20-XXX-XXX-XXX01,999,9522,000,000
Total State Projects 16,985,79016,114,27415,217,374
Federal Projects:
Title I 20-XXX-XXX-XXX11,298,6958,828,6958,000,000
Title II 20-XXX-XXX-XXX1,269,6421,052,5981,000,000
Title III 20-XXX-XXX-XXX259,975223,610200,000
Title IV 20-XXX-XXX-XXX16,29000
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX4,665,1213,304,6523,000,000
Vocational Education 20-XXX-XXX-XXX0242,469200,000
Other Special Projects 20-XXX-XXX-XXX1,268,7991,444,9961,400,000
Total Federal Projects 18,778,52215,097,02013,800,000
TOTAL GRANTS AND ENTITLEMENTS 35,764,31231,211,29429,017,374
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX2,038,681949,4761,637,555
TOTAL REPAYMENT OF DEBT 2,038,681949,4761,637,555
Total Expenditures 133,036,306132,937,767132,043,817
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS 133,036,306132,937,767132,043,817

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/10
Audited
Balance
6/30/11
Estimated
Balance
6/30/12
Estimated
Balance
6/30/13
Unassigned:
  General Operating Budget3,668,7044,716,8363,589,026699,026
  Repayment of Debt245430
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve0000
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve0000
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Restricted for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2009-10
Actual
2010-11
Actual
2011-12
Original
Budget
2011-12
Revised
Budget
2012-13
Proposed
Budget
Total Budgetary Comparative Per Pupil Cost12,81512,67512,69712,89112,721
Total Classroom Instruction7,3097,4397,2507,2117,747
Classroom-Salaries and Benefits6,9676,9996,8506,7587,475
Classroom-General Supplies and Textbooks221336270325160
Classroom-Purchased Services and Other121104130128111
Total Support Services2,3962,3852,6802,8872,301
Support Services-Salaries and Benefits1,6901,5751,9051,9501,702
Total Administrative Costs1,4141,1941,2761,2951,177
Administration-Salaries and Benefits1,094916982972907
Legal Costs085818856
Total Operations and Maintenance of Plant1,3691,3881,2671,2771,295
Operations & Maintenance of Plant-Salary & Ben.2837402743
Board Contribution to Food Services00000
Total Extracurricular Costs210187206206189
Total Equipment Costs411615199
Employee Benefits as a % of Salaries33.937.241.441.838.6

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2012 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 2011-12 revised appropriations and 2012-13 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
  • Alliance for Competitive Energy Services (ACES)
  • Alliance for Competitive Telecommunications (ACT)
  • Monmouth Ocean Educational Services Commission (Student Transportation)
  • Ed-Data Cooperative Bids (Purchasing)
  • Jackson Township Jointure (Student Transportation)
  • Lakewood Township Interlocal Services Agreement (Gasoline/Diesel Fuel)

 

Estimated Tax Rate Information
A. Estimated 12-13 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy70,630,210 (A)
Estimated Net Taxable Valuation (as of 10/01/2011)6,385,122,752 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)x1001.1062 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy72,246,057 (D)
Estimated Net Taxable Valuation (as of 10/01/2011)6,385,122,752 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)x1001.1315 (F)
B. Estimated 12-13 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy70,630,210 (G)
Estimated Equalized Valuation (as of 10/01/2011)7,600,686,664 (H)
Estimated 12-13 Equalized General Fund School Tax Rate=(G)/(H)x1000.9293 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy72,246,057 (J)
Estimated Equalized Valuation (as of 10/01/2011)7,600,686,664 (K)
Estimated 12-13 Equalized Total School Tax Rate=(J)/(K)x1000.9505 (L)

 

Administrative Salaries
Employee Name: James Trischitta 
Job TitleInformation Technology 
Base Annual Salary105,000 
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 Contract06/30/2012 
  Contracted Number of Annual Work Days260 
  Contracted Number of Annual Vacation Days 15 
  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
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances400 
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 
   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 Commentsemployee contributes 1.5% to health be nefits 
Employee Name: Lisa Miller 
Job TitleAccountant 
Base Annual Salary115,000 
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 Contract06/30/2012 
  Contracted Number of Annual Work Days260 
  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
  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 
   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 CommentsEmployee Opts out of health insurance 
Employee Name: Lydia Silva 
Job TitleSuperintendent 
Base Annual Salary180,000 
Full Time Equivalents (FTE)1.0 
Shared with another district?
Member of Collective Bargaining Unit?
Contract Terms: 
  Beginning Date of Contract08/10/2009 
  Ending Date of Contract06/30/2012 
  Contracted Number of Annual Work Days260 
  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
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances1,500 
Bonuses10,000 
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 
   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 Commentscontribute .25% to health benefits 
Employee Name: Michael Inzelbuch 
Job TitleCoordinator/Dir./Mgr./Supvr. 
Base Annual Salary122,655 
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 Contract06/30/2012 
  Contracted Number of Annual Work Days240 
  Contracted Number of Annual Vacation Days
  Contracted Number of Annual Sick Days
  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 Amount
  Description of: 
   Buyback of Sick Days at the End of ContractNone 
   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 Commentsemployee contributes l.5% to health be nefits 
Employee Name: Patricia Bunnell 
Job TitleCoordinator/Dir./Mgr./Supvr. 
Base Annual Salary82,500 
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 Contract06/30/2012 
  Contracted Number of Annual Work Days220 
  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
  Description of Other Contracted Non-working Days 
Benefits: 
Allowances400 
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 ContractNone 
   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 Commentscontributes 1.5% to health benefits