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User Friendly Budgets
2008

CAPE MAY - LOWER CAPE MAY REGIONAL

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time1,3461,3201,303
spacing
Pupils on Roll - Special Full-Time402409423
Pupils on Roll - Special Shared-Time322218
Private School Placements358
spacing
Pupils Sent to Other Districts-Reg Prog7100
Pupils Sent to Other Dists-Spec Ed Prog454965
Pupils Received321
Pupils in State Facilities131111

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 736,758 594,553
Transfers from Other Funds 10-5200 0 0 267,363
Revenues from Local Sources:
Local Tax Levy 10-1210 15,107,882 15,497,072 16,116,955
Tuition 10-1300 27,592 4,754 0
Transportation Fees from Other LEAs 10-1420-1440 148,383 200,000 200,000
Interest Earned on Capital Reserve Funds 10-1XXX 438 0 125
Unrestricted Miscellaneous Revenues 10-1XXX 256,021 150,000 150,000
SUBTOTAL  15,540,316 15,851,826 16,467,080
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 3,107,196 3,107,196 0
Transportation Aid 10-3120 1,001,184 1,001,184 0
Special Education Aid 10-3130 1,589,757 1,589,757 0
Bilingual Education 10-3140 10,512 10,512 0
Stabilization Aid 10-3171 1,658,203 1,658,203 0
Extraordinary Aid 10-3131 20,459 0 27,884
Consolidated Aid 10-3195 206,274 206,274 0
Additional Formula Aid 10-3196 273,147 554,489 0
Other State Aids 10-3XXX 5,216 0 0
Categorical Special Education Aid 10-3132 0 0 844,887
Categorical Security Aid 10-3177 0 0 282,735
Adjustment Aid 10-3178 0 0 8,102,830
Categorical Transportation Aid 10-3121 0 0 928,543
SUBTOTAL  7,871,948 8,127,615 10,186,879
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 2,406 1,000 0
SUBTOTAL  2,406 1,000 0
Adjustment for Prior Year Encumbrances  0 1,512 0
Actual Revenues (Over)/Under Expenditures  104,633 0 0
TOTAL OPERATING BUDGET  23,519,303 24,718,711 27,515,875
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 430 0 0
Revenues from State Sources:
Demonstrably Effect Prog Aid - Pr Year Carryover 20-3212 15,709 10,177 0
Demonstrably Effective Program Aid 20-3212 1,531,782 1,531,782 0
Other Restricted Entitlements 20-32XX 23,341 25,042 21,285
TOTAL REVENUES FROM STATE SOURCES  1,570,832 1,567,001 21,285
Revenues from Federal Sources:
Title I 20-4411-4416 226,387 189,765 161,300
Title VI 20-4417-4418 0 3,232 2,747
I.D.E.A. Part B (Handicapped) 20-4420-4429 433,321 442,092 375,778
Other 20-4XXX 254,334 81,894 69,610
TOTAL REVENUES FROM FEDERAL SOURCES  914,042 716,983 609,435
TOTAL GRANTS AND ENTITLEMENTS  2,485,304 2,283,984 630,720
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 21,066 180,137
Revenues from Local Sources:
Local Tax Levy 40-1210 1,391,106 1,400,984 1,212,021
Miscellaneous 40-1XXX 35,872 0 0
TOTAL REVENUES FROM LOCAL SOURCES  1,426,978 1,400,984 1,212,021
Revenues from State Sources:
Debt Service Aid Type II 40-3160 186,051 184,255 180,992
TOTAL LOCAL REPAYMENT OF DEBT  1,613,029 1,606,305 1,573,150
Actual Revenues (Over)/Under Expenditures  -133,268 0 0
TOTAL REPAYMENT OF DEBT  1,479,761 1,606,305 1,573,150
TOTAL REVENUES/SOURCES  27,484,368 28,609,000 29,719,745

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX7,528,0737,365,4898,821,932
Special Education 11-2XX-100-XXX1,904,0302,167,5032,233,795
Bilingual Education 11-240-100-XXX21,79718,00018,000
Vocational Programs - Local 11-3XX-100-XXX27,00130,00030,000
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX144,377141,842157,771
School Sponsored Athletics 11-402-100-XXX447,286478,877496,405
Other Instructional Programs 11-4XX-100-XXX010,00010,000
Support Services:
Tuition 11-000-100-XXX2,517,2622,740,7543,043,354
Attendance and Social Work Services 11-000-211-XXX42,79736,45732,278
Health Services 11-000-213-XXX196,116206,965216,642
Students - Related & Extraordinary 11-000-216,21722,37742,84344,831
Guidance 11-000-218-XXX559,445574,368562,393
Child Study Teams 11-000-219-XXX524,018571,323651,807
Improvement of Instructional Services 11-000-221-XXX285,641350,860374,557
Educational Media Services - School Library 11-000-222-XXX243,857299,645562,448
Instructional Staff Training Services 11-000-223-XXX30,00042,00042,000
General Administration 11-000-230-XXX490,226565,737589,940
School Administration 11-000-240-XXX870,868868,857896,640
Central Svcs & Admin Info Technology 11-000-25X-XXX308,779390,563329,384
Deposit to Maintenance Reserve 10-60600267,363
Operation and Maintenance of Plant Services 11-000-26X-XXX2,133,1142,237,3632,338,059
Student Transportation Services 11-000-270-XXX1,210,7711,331,9201,362,854
Personal Services - Employee Benefits 11-XXX-XXX-2XX3,546,4663,734,8453,896,797
Food Services 11-000-310-XXX161,000135,000165,000
Total Support Services Expenditures 13,142,73714,129,50015,108,984
TOTAL GENERAL CURRENT EXPENSE 23,215,30124,341,21127,144,250
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-60400125
Equipment 12-XXX-XXX-73X256,768352,000352,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX8,95000
TOTAL CAPITAL EXPENDITURES 265,718352,000352,125
SPECIAL SCHOOLS
Adult Education - Local:
Instruction 13-602-100-XXX29,33425,50019,500
Total Adult Education - Local 29,33425,50019,500
TOTAL SPECIAL SCHOOLS 29,33425,50019,500
Transfer of Funds to Charter Schools 10-000-100-56X8,95000
OPERATING BUDGET GRAND TOTAL 23,519,30324,718,71127,515,875
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX43000
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX1,537,8911,541,9590
Support Services 20-212-200-XXX9,60000
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 1,547,4911,541,9590
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX4,2423,1862,708
Nonpublic Auxiliary Services 20-XXX-XXX-XXX8,17912,93910,998
Nonpublic Nursing Services 20-XXX-XXX-XXX5,6434,4003,740
Nonpublic Technology Initiative 20-XXX-XXX-XXX3,0402,2801,938
Other Special Projects 20-XXX-XXX-XXX2,2372,2371,901
Total State Projects 1,570,8321,567,00121,285
Federal Projects:
Title I 20-XXX-XXX-XXX226,387189,765161,300
Title VI 20-XXX-XXX-XXX03,2322,747
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX433,321442,092375,778
Other Special Projects 20-XXX-XXX-XXX254,33481,89469,610
Total Federal Projects 914,042716,983609,435
TOTAL GRANTS AND ENTITLEMENTS 2,485,3042,283,984630,720
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX1,479,7611,606,3051,573,150
TOTAL REPAYMENT OF DEBT 1,479,7611,606,3051,573,150
Total Expenditures 27,484,36828,609,00029,719,745

 

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 Budget477,532546,061546,061494,344
  Repayment of Debt67,935201,203180,1370
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve11,28411,39211,39211,517
      Adult Education Programs0000
      Maintenance Reserve000267,363
      Legal Reserve1,273,7661,229,594542,8360
      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 Cost11,17012,05112,31112,53512,951
Total Classroom Instruction6,9987,6657,6677,7837,860
Classroom-Salaries and Benefits6,6137,2237,2467,2857,543
Classroom-General Supplies and Textbooks364429345447240
Classroom-Purchased Services and Other2113765177
Total Support Services1,2661,3211,4691,4811,706
Support Services-Salaries and Benefits1,1281,1991,3591,3691,415
Total Administrative Costs1,1141,1221,1941,2311,229
Administration-Salaries and Benefits810881925956946
Total Operations and Maintenance of Plant1,2321,3481,3681,4271,497
Operations & Maintenance of Plant-Salary & Ben.631672739744777
Total Food Services Costs9292767895
Total Extracurricular Costs368394419417442
Total Equipment Costs73147199202203
Employee Benefits as a % of Salaries22.12324.623.523.9

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
  • The Lower Cape May Reional School district is very active in the area of
  • shared and interlocal services. the following is a representaive listing
  • of current agreements:
  • Cape May City Elementary School - Child Study Team
  • Technology
  • Web Design
  • NP Transportation
  • West Cape May Elementary School - Guidance
  • Lower Township Ellementary School- Web Design
  • NP Transportation
  • The Township of Lower - Web Design
  • School Resource Officer
  • Public Works

 

Estimated Tax Rate Information
CAPE MAY CITY
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,636,674 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)2,204,049,457 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.2104 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy4,985,359 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)2,204,049,457 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.2262 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy4,636,674 (G)
Estimated Equalized Valuation (as of 10/01/2007)2,659,813,227 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.1743 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy4,985,359 (J)
Estimated Equalized Valuation (as of 10/01/2007)2,659,813,227 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.1874 (L)
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LOWER TWP
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy10,026,838 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)4,702,561,453 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.2132 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy10,780,872 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)4,702,561,453 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.2293 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy10,026,838 (G)
Estimated Equalized Valuation (as of 10/01/2007)4,418,014,731 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.2270 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy10,780,872 (J)
Estimated Equalized Valuation (as of 10/01/2007)4,418,014,731 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.2440 (L)
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WEST CAPE MAY
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,453,444 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)507,539,041 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.2864 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,562,745 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)507,539,041 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.3079 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,453,444 (G)
Estimated Equalized Valuation (as of 10/01/2007)488,215,593 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.2977 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,562,745 (J)
Estimated Equalized Valuation (as of 10/01/2007)488,215,593 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.3201 (L)