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User Friendly Budgets
2008

OCEAN - POINT PLEASANT BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time2,8262,7712,773
Pupils on Roll Regular Shared-Time393740
spacing
Pupils on Roll - Special Full-Time352359362
Pupils on Roll - Special Shared-Time202023
Private School Placements171419
spacing
Pupils Sent to Other Districts-Reg Prog101
Pupils Sent to Other Dists-Spec Ed Prog322
Pupils Received131413
Pupils in State Facilities100

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 1,173,150 985,000
Withdrawal from Cap Res-for Local Share 10-307 0 50,000 0
Revenues from Local Sources:
Local Tax Levy 10-1210 23,810,271 25,101,110 25,919,800
Tuition 10-1300 94,067 55,000 75,000
Transportation Fees from Other LEAs 10-1420-1440 31,819 0 0
Interest Earned on Capital Reserve Funds 10-1XXX 35,512 7,950 21,000
Unrestricted Miscellaneous Revenues 10-1XXX 473,761 344,000 248,000
SUBTOTAL  24,445,430 25,508,060 26,263,800
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 2,873,337 2,873,337 0
Transportation Aid 10-3120 350,240 350,240 0
Special Education Aid 10-3130 2,163,888 2,163,888 0
Bilingual Education 10-3140 18,670 18,670 0
Stabilization Aid 10-3171 220,898 220,898 0
Extraordinary Aid 10-3131 56,674 0 60,000
Consolidated Aid 10-3195 354,505 354,505 0
Additional Formula Aid 10-3196 179,447 364,276 0
Other State Aids 10-3XXX 7,200 95,162 0
Categorical Special Education Aid 10-3132 0 0 1,592,148
Equalization Aid 10-3176 0 0 4,675,344
Categorical Security Aid 10-3177 0 0 218,002
Categorical Transportation Aid 10-3121 0 0 323,459
SUBTOTAL  6,224,859 6,440,976 6,868,953
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 1,578 0 0
SUBTOTAL  1,578 0 0
Adjustment for Prior Year Encumbrances  0 540,804 0
Actual Revenues (Over)/Under Expenditures  452,754 0 0
TOTAL OPERATING BUDGET  31,124,621 33,712,990 34,117,753
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 30,272 24,542 15,000
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 12,011 254 0
TOTAL REVENUES FROM STATE SOURCES  12,011 254 0
Revenues from Federal Sources:
Title I 20-4411-4416 104,392 115,332 109,732
I.D.E.A. Part B (Handicapped) 20-4420-4429 620,344 653,420 636,914
Other 20-4XXX 283,857 90,649 81,666
TOTAL REVENUES FROM FEDERAL SOURCES  1,008,593 859,401 828,312
TOTAL GRANTS AND ENTITLEMENTS  1,050,876 884,197 843,312
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 1,402 0
Revenues from Local Sources:
Local Tax Levy 40-1210 2,091,623 1,984,203 1,968,875
TOTAL REVENUES FROM LOCAL SOURCES  2,091,623 1,984,203 1,968,875
Revenues from State Sources:
Debt Service Aid Type II 40-3160 219,659 304,465 301,850
TOTAL LOCAL REPAYMENT OF DEBT  2,311,282 2,290,070 2,270,725
Actual Revenues (Over)/Under Expenditures  3,517 0 0
TOTAL REPAYMENT OF DEBT  2,314,799 2,290,070 2,270,725
TOTAL REVENUES/SOURCES  34,490,296 36,887,257 37,231,790

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX11,278,38911,985,25312,234,567
Special Education 11-2XX-100-XXX2,144,7612,316,9492,425,518
Basic Skills/Remedial 11-230-100-XXX86,96193,34184,493
Bilingual Education 11-240-100-XXX47,91550,99051,784
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX215,890258,745236,494
School Sponsored Athletics 11-402-100-XXX622,220672,833715,376
Support Services:
Tuition 11-000-100-XXX457,480661,009737,687
Attendance and Social Work Services 11-000-211-XXX168,529179,833189,839
Health Services 11-000-213-XXX330,176354,578367,987
Students - Related & Extraordinary 11-000-216,217632,755747,251764,852
Guidance 11-000-218-XXX797,475873,318882,474
Child Study Teams 11-000-219-XXX845,429851,823892,256
Improvement of Instructional Services 11-000-221-XXX61,22971,36465,298
Educational Media Services - School Library 11-000-222-XXX353,330372,940379,990
Instructional Staff Training Services 11-000-223-XXX190,527191,876187,037
General Administration 11-000-230-XXX618,521838,823749,792
School Administration 11-000-240-XXX1,491,7141,561,8731,527,146
Central Svcs & Admin Info Technology 11-000-25X-XXX551,588611,138622,661
Operation and Maintenance of Plant Services 11-000-26X-XXX3,385,6503,691,3123,691,364
Student Transportation Services 11-000-270-XXX1,026,5181,115,2981,127,068
Personal Services - Employee Benefits 11-XXX-XXX-2XX5,325,3375,940,0826,005,478
Total Support Services Expenditures 16,236,25818,062,51818,190,929
TOTAL GENERAL CURRENT EXPENSE 30,632,39433,440,62933,939,161
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-60407,95021,000
Equipment 12-XXX-XXX-73X129,634214,411157,592
Facilities Acquisition and Construction Services 12-000-4XX-XXX362,59350,0000
TOTAL CAPITAL EXPENDITURES 492,227272,361178,592
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 31,124,62133,712,99034,117,753
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX30,27224,54215,000
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX12,0112540
Total State Projects 12,0112540
Federal Projects:
Title I 20-XXX-XXX-XXX104,392115,332109,732
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX620,344653,420636,914
Other Special Projects 20-XXX-XXX-XXX283,85790,64981,666
Total Federal Projects 1,008,593859,401828,312
TOTAL GRANTS AND ENTITLEMENTS 1,050,876884,197843,312
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX2,314,7992,290,0702,270,725
TOTAL REPAYMENT OF DEBT 2,314,7992,290,0702,270,725
Total Expenditures 34,490,29636,887,25737,231,790

 

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 Budget2,267,244679,1661,591,629663,444
  Repayment of Debt4,9191,40200
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve630,527643,336601,286622,286
      Adult Education Programs0000
      Maintenance Reserve134,701142,254142,254142,254
      Legal Reserve01,229,96556,8150
      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 Cost8,7749,0289,59110,00910,627
Total Classroom Instruction5,1675,2865,6325,8025,920
Classroom-Salaries and Benefits4,9085,0735,3335,4615,602
Classroom-General Supplies and Textbooks213175254281254
Classroom-Purchased Services and Other4638456064
Total Support Services1,2401,3091,4011,4571,488
Support Services-Salaries and Benefits1,1631,2241,3141,3521,391
Total Administrative Costs9451,0181,0841,1621,126
Administration-Salaries and Benefits8369059491,002981
Total Operations and Maintenance of Plant1,0491,0611,0851,1831,181
Operations & Maintenance of Plant-Salary & Ben.7357636568
Total Food Services Costs00000
Total Extracurricular Costs332313346360364
Total Equipment Costs3740636850
Employee Benefits as a % of Salaries27.627.328.52928.6

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 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
  • Cooperative Natural Gas purchases through MOESC Consortium
  • MOCSSIF- Worker Comp Joint Insurance Fund
  • Cooperative with Boro of Point Pleasant- Diesel Fuel,equipment,Recycle
  • Cooperative Telephone ACT
  • Cooperative with Bussing Services- Point Pleasant Beach
  • Cooperative Brick Public School transportation services
  • Cooperative with MOESC- Special Education and Vocational Transportation
  • Purchasing School Supplies Consortium- ED DATA
  • Cooperative Joint Sports Point Pleasant Beach
  • Cooperative with Toms River Regional Printing Services
  • Cooperative with Point Pleasant Beach -Advanced Placement Courses
  • Cooperative for Electricity-ACES Consortium

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy25,919,800 (A)
Estimated Net Taxable Valuation (as of 01/04/2008)1,389,197,202 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1001.8658 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy27,888,675 (D)
Estimated Net Taxable Valuation (as of 01/04/2008)1,389,197,202 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1002.0075 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy25,919,800 (G)
Estimated Equalized Valuation (as of 01/04/2008)3,762,722,649 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.6889 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy27,888,675 (J)
Estimated Equalized Valuation (as of 01/04/2008)3,762,722,649 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.7412 (L)