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User Friendly Budgets
2008

CAMDEN - MAGNOLIA BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time371386385
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Pupils on Roll - Special Full-Time877474
Private School Placements466
spacing
Pupils Sent to Other Districts-Reg Prog322
Pupils Sent to Other Dists-Spec Ed Prog211
Pupils Received250

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 99,197 49,140
Revenues from Local Sources:
Local Tax Levy 10-1210 2,953,866 2,951,650 2,866,755
Interest Earned on Capital Reserve Funds 10-1XXX 38,479 1 1
Unrestricted Miscellaneous Revenues 10-1XXX 2,527 18,001 30,000
SUBTOTAL  2,994,872 2,969,652 2,896,756
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 1,208,443 1,208,443 0
Supplemental Core Curriculum Standards Aid 10-3112 193,577 193,577 0
Transportation Aid 10-3120 55,984 55,984 0
Special Education Aid 10-3130 624,162 624,162 0
Bilingual Education 10-3140 36 36 0
Stabilization Aid 10-3171 213,056 213,056 0
Consolidated Aid 10-3195 47,399 47,399 0
Additional Formula Aid 10-3196 77,928 158,194 0
Other State Aids 10-3XXX 0 80,477 0
Categorical Special Education Aid 10-3132 0 0 222,440
Equalization Aid 10-3176 0 0 2,817,841
Categorical Security Aid 10-3177 0 0 78,896
Categorical Transportation Aid 10-3121 0 0 20,874
SUBTOTAL  2,420,585 2,581,328 3,140,051
Adjustment for Prior Year Encumbrances  0 203,166 0
Actual Revenues (Over)/Under Expenditures  -345,384 0 0
TOTAL OPERATING BUDGET  5,070,073 5,853,343 6,085,947
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Early Childhood Program Aid - Pr Year Carryover 20-3211 0 7,184 0
Demonstrably Effect Prog Aid - Pr Year Carryover 20-3212 0 10,000 0
Early Childhood Program Aid 20-3211 156,944 156,944 0
Demonstrably Effective Program Aid 20-3212 91,000 98,003 0
Preschool Education Aid 20-3218 0 0 51,146
Other Restricted Entitlements 20-32XX 2,112 0 0
TOTAL REVENUES FROM STATE SOURCES  250,056 272,131 51,146
Revenues from Federal Sources:
Title I 20-4411-4416 128,194 107,015 90,963
I.D.E.A. Part B (Handicapped) 20-4420-4429 161,787 129,896 110,412
Other 20-4XXX 173,692 98,083 30,261
TOTAL REVENUES FROM FEDERAL SOURCES  463,673 334,994 231,636
TOTAL GRANTS AND ENTITLEMENTS  713,729 607,125 282,782
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 1 0
Revenues from Local Sources:
Local Tax Levy 40-1210 187,002 192,949 183,862
TOTAL REVENUES FROM LOCAL SOURCES  187,002 192,949 183,862
Revenues from State Sources:
Debt Service Aid Type II 40-3160 132,719 136,940 130,491
TOTAL LOCAL REPAYMENT OF DEBT  319,721 329,890 314,353
TOTAL REPAYMENT OF DEBT  319,721 329,890 314,353
TOTAL REVENUES/SOURCES  6,103,523 6,790,358 6,683,082

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX1,714,8831,784,2042,057,832
Special Education 11-2XX-100-XXX557,635497,605479,091
Basic Skills/Remedial 11-230-100-XXX40,406171,769164,858
Bilingual Education 11-240-100-XXX0250250
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX23,59022,84023,753
School Sponsored Athletics 11-402-100-XXX24,39329,45031,141
Support Services:
Tuition 11-000-100-XXX58,914362,665267,529
Attendance and Social Work Services 11-000-211-XXX4,1624,3284,162
Health Services 11-000-213-XXX75,24778,79381,184
Students - Related & Extraordinary 11-000-216,217283,492285,181293,460
Guidance 11-000-218-XXX28,87131,89736,016
Child Study Teams 11-000-219-XXX188,265167,849175,384
Improvement of Instructional Services 11-000-221-XXX20,23637,97628,746
Educational Media Services - School Library 11-000-222-XXX75,48589,45585,635
Instructional Staff Training Services 11-000-223-XXX7,78210,05010,352
General Administration 11-000-230-XXX249,989290,217271,809
School Administration 11-000-240-XXX151,028154,525167,128
Central Svcs & Admin Info Technology 11-000-25X-XXX120,744146,851143,472
Operation and Maintenance of Plant Services 11-000-26X-XXX500,644557,218582,112
Student Transportation Services 11-000-270-XXX91,261116,990128,488
Personal Services - Employee Benefits 11-XXX-XXX-2XX853,046993,2291,043,544
Food Services 11-000-310-XXX010,00010,000
Total Support Services Expenditures 2,709,1663,337,2243,329,021
TOTAL GENERAL CURRENT EXPENSE 5,070,0735,843,3426,085,946
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604011
Equipment 12-XXX-XXX-73X010,0000
TOTAL CAPITAL EXPENDITURES 010,0011
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 5,070,0735,853,3436,085,947
GRANTS AND ENTITLEMENTS
Early Childhood Program Aid:
Instruction 20-211-100-XXX136,694143,87844,428
Support Services 20-211-200-XXX20,25020,2506,718
TOTAL EARLY CHILDHOOD PROGRAM AID 156,944164,12851,146
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX85,000102,0030
Support Services 20-212-200-XXX6,0006,0000
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 91,000108,0030
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX2,11200
Total State Projects 250,056272,13151,146
Federal Projects:
Title I 20-XXX-XXX-XXX128,194107,01590,963
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX161,787129,896110,412
Other Special Projects 20-XXX-XXX-XXX173,69298,08330,261
Total Federal Projects 463,673334,994231,636
TOTAL GRANTS AND ENTITLEMENTS 713,729607,125282,782
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX319,721329,890314,353
TOTAL REPAYMENT OF DEBT 319,721329,890314,353
Total Expenditures 6,103,5236,790,3586,683,082

 

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 Budget171,276305,284250,000246,112
  Repayment of Debt1100
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve2012
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve48,42689,16545,2520
      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 Cost9,74711,17011,71712,25012,506
Total Classroom Instruction5,9526,8187,0707,4077,587
Classroom-Salaries and Benefits5,6366,4916,7246,7587,165
Classroom-General Supplies and Textbooks241258272438279
Classroom-Purchased Services and Other766974211143
Total Support Services1,5861,7531,8251,8691,894
Support Services-Salaries and Benefits1,2661,3371,4421,4741,503
Total Administrative Costs1,0761,2751,3031,4631,446
Administration-Salaries and Benefits626713707785799
Total Operations and Maintenance of Plant9971,2001,3671,3541,416
Operations & Maintenance of Plant-Salary & Ben.518569615629660
Total Food Services Costs200212222
Total Extracurricular Costs116125132135141
Total Equipment Costs8021220
Employee Benefits as a % of Salaries23.92629.429.528.8

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.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy2,866,755 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)160,050,224 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.7912 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy3,050,617 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)160,050,224 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1001.9060 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy2,866,755 (G)
Estimated Equalized Valuation (as of 10/01/2007)288,788,205 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.9927 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy3,050,617 (J)
Estimated Equalized Valuation (as of 10/01/2007)288,788,205 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.0564 (L)