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User Friendly Budgets
2008

ATLANTIC - FOLSOM BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time348373377
spacing
Pupils on Roll - Special Full-Time404343
Private School Placements444
spacing
Pupils Sent to Other Districts-Reg Prog726774
Pupils Sent to Other Dists-Spec Ed Prog141616
Pupils Received41410
Pupils in State Facilities011

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 413,916 297,811
Transfers from Other Funds 10-5200 11,766 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 1,258,908 1,408,011 1,408,011
Tuition 10-1300 0 10,000 30,000
Interest Earned on Capital Reserve Funds 10-1XXX 0 200 200
Unrestricted Miscellaneous Revenues 10-1XXX 109,391 7,500 9,202
SUBTOTAL  1,368,299 1,425,711 1,447,413
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 1,033,381 1,033,381 0
School Choice Aid 10-3116 1,202,776 1,202,776 556,698
Transportation Aid 10-3120 205,587 203,949 0
Special Education Aid 10-3130 237,486 237,486 0
Stabilization Aid 10-3171 396,365 396,365 0
Extraordinary Aid 10-3131 2,689 0 0
Consolidated Aid 10-3195 52,446 52,446 0
Additional Formula Aid 10-3196 95,963 201,934 0
Other State Aids 10-3XXX 103,116 139,722 0
Categorical Special Education Aid 10-3132 0 0 243,113
Equalization Aid 10-3176 0 0 3,848,585
Categorical Security Aid 10-3177 0 0 65,013
Categorical Transportation Aid 10-3121 0 0 177,501
SUBTOTAL  3,329,809 3,468,059 4,890,910
Adjustment for Prior Year Encumbrances  0 22,077 0
Actual Revenues (Over)/Under Expenditures  335,507 0 0
TOTAL OPERATING BUDGET  5,045,381 5,329,763 6,636,134
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Early Childhood Program Aid 20-3211 128,018 128,018 0
Demonstrably Effective Program Aid 20-3212 74,883 74,883 0
Preschool Education Aid 20-3218 0 0 67,103
Instructional Supplement Aid 20-3214 3,993 3,993 0
Other Restricted Entitlements 20-32XX 1,237 0 0
TOTAL REVENUES FROM STATE SOURCES  208,131 206,894 67,103
Revenues from Federal Sources:
Title I 20-4411-4416 74,182 65,000 70,000
I.D.E.A. Part B (Handicapped) 20-4420-4429 106,314 72,479 90,000
Other 20-4XXX 33,297 0 0
TOTAL REVENUES FROM FEDERAL SOURCES  213,793 137,479 160,000
TOTAL GRANTS AND ENTITLEMENTS  421,924 344,373 227,103
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 0 1
Revenues from Local Sources:
Local Tax Levy 40-1210 228,216 239,908 245,107
TOTAL REVENUES FROM LOCAL SOURCES  228,216 239,908 245,107
TOTAL LOCAL REPAYMENT OF DEBT  228,216 239,908 245,108
Actual Revenues (Over)/Under Expenditures  16,492 0 0
TOTAL REPAYMENT OF DEBT  244,708 239,908 245,108
TOTAL REVENUES/SOURCES  5,712,013 5,914,044 7,108,345

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX1,258,1921,262,1451,529,342
Special Education 11-2XX-100-XXX243,853271,034287,425
Basic Skills/Remedial 11-230-100-XXX104,950111,31860,550
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX6,1008,32511,000
School Sponsored Athletics 11-402-100-XXX4,4506,6008,150
Support Services:
Tuition 11-000-100-XXX900,5161,202,5761,332,665
Health Services 11-000-213-XXX69,80272,38776,800
Students - Related & Extraordinary 11-000-216,21778,49383,39479,000
Child Study Teams 11-000-219-XXX180,296193,419200,000
Improvement of Instructional Services 11-000-221-XXX33,63356,56268,700
Educational Media Services - School Library 11-000-222-XXX53,32355,19862,300
Instructional Staff Training Services 11-000-223-XXX9,13625,60015,000
General Administration 11-000-230-XXX86,630129,224136,333
School Administration 11-000-240-XXX135,651141,878138,350
Central Svcs & Admin Info Technology 11-000-25X-XXX112,662160,419160,513
Deposit to Maintenance Reserve 10-60600190,000
Operation and Maintenance of Plant Services 11-000-26X-XXX372,902436,142410,300
Student Transportation Services 11-000-270-XXX433,833498,127572,000
Personal Services - Employee Benefits 11-XXX-XXX-2XX478,820615,215679,500
Total Support Services Expenditures 2,945,6973,670,1413,931,461
TOTAL GENERAL CURRENT EXPENSE 4,563,2425,329,5636,017,928
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-6040200200
Equipment 12-XXX-XXX-73X318,9640126,300
Facilities Acquisition and Construction Services 12-000-4XX-XXX00491,706
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931163,17500
TOTAL CAPITAL EXPENDITURES 482,139200618,206
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 5,045,3815,329,7636,636,134
GRANTS AND ENTITLEMENTS
Early Childhood Program Aid:
Instruction 20-211-100-XXX107,872116,83660,575
Support Services 20-211-200-XXX20,14611,1826,528
TOTAL EARLY CHILDHOOD PROGRAM AID 128,018128,01867,103
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX65,20065,5050
Support Services 20-212-200-XXX9,6839,3780
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 74,88374,8830
Instructional Supplement Aid:
Instruction 20-214-100-XXX3,9933,9930
TOTAL INSTRUCTIONAL SUPPLEMENT AID 3,9933,9930
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX1,23700
Total State Projects 208,131206,89467,103
Federal Projects:
Title I 20-XXX-XXX-XXX74,18265,00070,000
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX106,31472,47990,000
Other Special Projects 20-XXX-XXX-XXX33,29700
Total Federal Projects 213,793137,479160,000
TOTAL GRANTS AND ENTITLEMENTS 421,924344,373227,103
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX0239,908245,108
Additional State School Building Aid-Ch.177 40-702-510-XXX244,70800
Total Additional State School Building Aid 244,70800
TOTAL REPAYMENT OF DEBT 244,708239,908245,108
Total Expenditures 5,712,0135,914,0447,108,345

 

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 Budget170,000270,001270,001250,000
  Repayment of Debt16,493110
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve131,5405,1555,3555,555
      Adult Education Programs0000
      Maintenance Reserve95,000137,500137,500327,500
      Legal Reserve700,198671,726277,8100
      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 Cost8,0448,7929,6419,2219,501
Total Classroom Instruction5,0855,4305,6935,3855,596
Classroom-Salaries and Benefits4,5635,0015,2814,9945,087
Classroom-General Supplies and Textbooks454342315300390
Classroom-Purchased Services and Other67879791119
Total Support Services1,2691,3001,5041,4181,443
Support Services-Salaries and Benefits1,1291,1761,3431,2591,285
Total Administrative Costs9199911,1881,2151,215
Administration-Salaries and Benefits756776959904927
Total Operations and Maintenance of Plant7251,0311,1911,1401,070
Operations & Maintenance of Plant-Salary & Ben.338443498466481
Total Food Services Costs00000
Total Extracurricular Costs4131464353
Total Equipment Costs11881600301
Employee Benefits as a % of Salaries23.220.924.624.523.9

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
  • ACCASBO-JIF Contract with 21 school districts to purchase property, liabi
  • lity and workers comp insurance.
  • Transportation Jointures with GHRHSD, Monroe Twp, Hammonton and Buena Sch
  • ool districts.
  • ACES-consortium to purchase electric and gas
  • ACT-consortium to purchase telecommunication services
  • Pittsgrove BOE-consortium to purchase copier paper & various supplies
  • Borough of Folsom-shared service for trash pickup and snow removal.
  • State Contract for copier lease and school supplies.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,408,011 (A)
Estimated Net Taxable Valuation (as of 01/18/2008)104,025,048 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.3535 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,653,118 (D)
Estimated Net Taxable Valuation (as of 01/18/2008)104,025,048 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.5892 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,408,011 (G)
Estimated Equalized Valuation (as of 10/01/2007)188,343,365 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.7476 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,653,118 (J)
Estimated Equalized Valuation (as of 10/01/2007)188,343,365 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.8777 (L)