>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>CAMDEN  >>LINDENWOLD BORO

User Friendly Budgets
2008

CAMDEN - LINDENWOLD BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time1,9991,9442,011
spacing
Pupils on Roll - Special Full-Time339328328
Private School Placements292027
spacing
Pupils Sent to Other Districts-Reg Prog71312
Pupils Sent to Other Dists-Spec Ed Prog272829
Pupils Received644
Pupils in State Facilities171010

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 225,000 236,200
Budgeted Fund Bal - Deposit to Capital Reserve 10-303 0 0 250,000
Revenues from Local Sources:
Local Tax Levy 10-1210 13,587,700 13,050,125 11,290,216
Unrestricted Miscellaneous Revenues 10-1XXX 188,113 100,000 75,000
SUBTOTAL  13,775,813 13,150,125 11,365,216
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 9,850,927 9,850,927 0
Supplemental Core Curriculum Standards Aid 10-3112 1,563,357 1,563,357 0
Transportation Aid 10-3120 1,037,586 1,037,586 0
Special Education Aid 10-3130 2,255,294 2,255,294 0
Bilingual Education 10-3140 100,382 100,382 0
Stabilization Aid 10-3171 16,680 16,680 0
Extraordinary Aid 10-3131 25,439 0 3,666
Consolidated Aid 10-3195 265,413 265,413 0
Additional Formula Aid 10-3196 508,515 1,032,285 0
Other State Aids 10-3XXX 208,646 584,732 0
Categorical Special Education Aid 10-3132 0 0 1,141,738
Equalization Aid 10-3176 0 0 20,478,645
Categorical Security Aid 10-3177 0 0 666,517
Categorical Transportation Aid 10-3121 0 0 458,440
SUBTOTAL  15,832,239 16,706,656 22,749,006
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 22,469 25,000 0
SUBTOTAL  22,469 25,000 0
Adjustment for Prior Year Encumbrances  0 1,065,051 0
Actual Revenues (Over)/Under Expenditures  -187,819 0 0
TOTAL OPERATING BUDGET  29,442,702 31,171,832 34,600,422
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Early Childhood Program Aid 20-3211 1,130,478 1,130,478 0
Demonstrably Effective Program Aid 20-3212 730,374 730,374 0
Preschool Education Aid 20-3218 0 0 307,058
Other Restricted Entitlements 20-32XX 258,434 242,835 0
TOTAL REVENUES FROM STATE SOURCES  2,119,286 2,103,687 307,058
Revenues from Federal Sources:
Title I 20-4411-4416 1,085,625 1,121,843 1,061,375
I.D.E.A. Part B (Handicapped) 20-4420-4429 647,088 478,005 483,197
Other 20-4XXX 695,529 0 0
TOTAL REVENUES FROM FEDERAL SOURCES  2,428,242 1,599,848 1,544,572
TOTAL GRANTS AND ENTITLEMENTS  4,547,528 3,703,535 1,851,630
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 105 0
Revenues from Local Sources:
Local Tax Levy 40-1210 986,467 998,738 1,011,929
TOTAL REVENUES FROM LOCAL SOURCES  986,467 998,738 1,011,929
Revenues from State Sources:
Debt Service Aid Type II 40-3160 950,587 917,548 920,549
TOTAL LOCAL REPAYMENT OF DEBT  1,937,054 1,916,391 1,932,478
Actual Revenues (Over)/Under Expenditures  96 0 0
TOTAL REPAYMENT OF DEBT  1,937,150 1,916,391 1,932,478
TOTAL REVENUES/SOURCES  35,927,380 36,791,758 38,384,530

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX8,187,4688,646,44310,691,781
Special Education 11-2XX-100-XXX2,195,1532,345,0452,458,829
Basic Skills/Remedial 11-230-100-XXX366,303210,357563,401
Bilingual Education 11-240-100-XXX74,959114,390156,082
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX170,035181,050198,915
School Sponsored Athletics 11-402-100-XXX432,797508,911523,846
Support Services:
Tuition 11-000-100-XXX1,757,5542,621,5762,247,714
Health Services 11-000-213-XXX198,502215,202228,582
Students - Related & Extraordinary 11-000-216,217191,990189,436209,851
Guidance 11-000-218-XXX372,356399,204471,058
Child Study Teams 11-000-219-XXX1,248,3181,285,9721,439,498
Improvement of Instructional Services 11-000-221-XXX992,417837,670842,651
Educational Media Services - School Library 11-000-222-XXX314,683323,116345,376
Instructional Staff Training Services 11-000-223-XXX3,5798,05254,195
General Administration 11-000-230-XXX1,170,4651,033,6031,009,049
School Administration 11-000-240-XXX1,432,7461,512,2971,506,423
Central Svcs & Admin Info Technology 11-000-25X-XXX1,135,2931,050,9791,073,389
Operation and Maintenance of Plant Services 11-000-26X-XXX2,769,8553,328,1423,429,069
Student Transportation Services 11-000-270-XXX1,156,6781,320,2041,358,357
Other Support Services 11-000-290-XXX5,68400
Personal Services - Employee Benefits 11-XXX-XXX-2XX4,785,5054,847,9595,299,944
Total Support Services Expenditures 17,535,62518,973,41219,515,156
TOTAL GENERAL CURRENT EXPENSE 28,962,34030,979,60834,108,010
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-60400250,000
Equipment 12-XXX-XXX-73X319,821142,30633,900
Facilities Acquisition and Construction Services 12-000-4XX-XXX49,490074,418
TOTAL CAPITAL EXPENDITURES 369,311142,306358,318
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools 10-000-100-56X111,05149,918134,094
OPERATING BUDGET GRAND TOTAL 29,442,70231,171,83234,600,422
GRANTS AND ENTITLEMENTS
Early Childhood Program Aid:
Instruction 20-211-100-XXX950,898934,245258,188
Support Services 20-211-200-XXX179,580196,23348,870
TOTAL EARLY CHILDHOOD PROGRAM AID 1,130,4781,130,478307,058
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX714,943714,9430
Facilities Acquisition and Construction Services 20-212-400-XXX15,43115,4310
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 730,374730,3740
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX12,68917,4760
Nonpublic Auxiliary Services 20-XXX-XXX-XXX132,962111,3830
Nonpublic Handicapped Services 20-XXX-XXX-XXX81,62086,6970
Nonpublic Nursing Services 20-XXX-XXX-XXX17,00327,2790
Nonpublic Technology Initiative 20-XXX-XXX-XXX9,16000
Other Special Projects 20-XXX-XXX-XXX5,00000
Total State Projects 2,119,2862,103,687307,058
Federal Projects:
Title I 20-XXX-XXX-XXX1,085,6251,121,8431,061,375
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX647,088478,005483,197
Other Special Projects 20-XXX-XXX-XXX695,52900
Total Federal Projects 2,428,2421,599,8481,544,572
TOTAL GRANTS AND ENTITLEMENTS 4,547,5283,703,5351,851,630
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX1,937,1501,916,3911,932,478
TOTAL REPAYMENT OF DEBT 1,937,1501,916,3911,932,478
Total Expenditures 35,927,38036,791,75838,384,530

 

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 Budget734,035626,753876,753580,835
  Repayment of Debt20110500
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve111250,001
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve159,212415,282190,2820
      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 Cost11,54911,98111,47212,64613,109
Total Classroom Instruction6,6746,7986,4167,1057,485
Classroom-Salaries and Benefits6,2566,2556,0236,4096,846
Classroom-General Supplies and Textbooks219336223468416
Classroom-Purchased Services and Other199207170228222
Total Support Services1,6461,7671,6721,7971,888
Support Services-Salaries and Benefits1,4961,4721,4841,5791,629
Total Administrative Costs1,6451,7011,5991,7191,657
Administration-Salaries and Benefits1,0361,0361,0571,1241,088
Total Operations and Maintenance of Plant1,2811,3631,3911,6011,599
Operations & Maintenance of Plant-Salary & Ben.598725571608615
Total Food Services Costs00000
Total Extracurricular Costs303310327355360
Total Equipment Costs38146367015
Employee Benefits as a % of Salaries28.927.927.427.426.3

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
  • The district currently participates in the ACES and ACT programs.
  • Supply purchases are done through the Educational Data Cooperative
  • Purchasing Bid resulting in costs @60% below state contract pricing.
  • Health insurance is through the South Jersey School Affiliation.
  • Other insurance is purchased through the ACCASBO JIF.
  • Shared Services exist with the Borough for Grounds Services.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy11,290,216 (A)
Estimated Net Taxable Valuation (as of 10/01/2008)425,587,450 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1002.6529 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy12,302,145 (D)
Estimated Net Taxable Valuation (as of 10/01/2008)425,587,450 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1002.8906 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy11,290,216 (G)
Estimated Equalized Valuation (as of 10/01/2007)870,163,298 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1001.2975 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy12,302,145 (J)
Estimated Equalized Valuation (as of 10/01/2007)870,163,298 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.4138 (L)