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User Friendly Budgets
2008

OCEAN - POINT PLEASANT BEACH BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time757739758
Pupils on Roll Regular Shared-Time300
spacing
Pupils on Roll - Special Full-Time1049283
Pupils on Roll - Special Shared-Time14113
Private School Placements553
spacing
Pupils Sent to Other Dists-Spec Ed Prog248
Pupils Received163160174

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 248,632 296,086
Transfers from Other Funds 10-5200 141,465 0 0
Revenues from Local Sources:
Local Tax Levy 10-1210 8,689,532 8,936,113 9,293,558
Tuition 10-1300 1,426,296 1,596,708 2,019,986
Other Restricted Miscellaneous Revenues 10-1XXX 212,922 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 0 142,633 57,193
SUBTOTAL  10,328,750 10,675,454 11,370,737
Revenues from State Sources:
Transportation Aid 10-3120 22,479 22,479 0
Special Education Aid 10-3130 601,418 601,418 0
Bilingual Education 10-3140 32,452 32,452 0
Extraordinary Aid 10-3131 9,166 0 4,137
Consolidated Aid 10-3195 79,828 79,828 0
Additional Formula Aid 10-3196 20,561 43,294 0
Categorical Special Education Aid 10-3132 0 0 339,450
Categorical Security Aid 10-3177 0 0 53,372
Adjustment Aid 10-3178 0 0 366,168
Categorical Transportation Aid 10-3121 0 0 48,721
SUBTOTAL  765,904 779,471 811,848
Actual Revenues (Over)/Under Expenditures  -139,873 0 0
TOTAL OPERATING BUDGET  11,096,246 11,703,557 12,478,671
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 1,914 0 0
Revenues from State Sources:
Instructional Supplement Aid 20-3214 1,026 1,026 0
Other Restricted Entitlements 20-32XX 111,373 86,055 114,545
TOTAL REVENUES FROM STATE SOURCES  112,399 87,081 114,545
Revenues from Federal Sources:
Title I 20-4411-4416 46,226 37,342 27,873
I.D.E.A. Part B (Handicapped) 20-4420-4429 160,374 157,147 162,677
Other 20-4XXX 34,176 22,678 22,463
TOTAL REVENUES FROM FEDERAL SOURCES  240,776 217,167 213,013
TOTAL GRANTS AND ENTITLEMENTS  355,089 304,248 327,558
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 970,614 963,644 965,047
TOTAL REVENUES FROM LOCAL SOURCES  970,614 963,644 965,047
TOTAL LOCAL REPAYMENT OF DEBT  970,614 963,644 965,047
TOTAL REPAYMENT OF DEBT  970,614 963,644 965,047
TOTAL REVENUES/SOURCES  12,421,949 12,971,449 13,771,276

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX3,833,8604,035,7204,122,124
Special Education 11-2XX-100-XXX962,458957,5031,043,006
Basic Skills/Remedial 11-230-100-XXX5,40600
Bilingual Education 11-240-100-XXX51,57549,49060,056
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX586,922619,497661,179
Support Services:
Tuition 11-000-100-XXX201,317266,089279,904
Attendance and Social Work Services 11-000-211-XXX74,40678,274132,225
Health Services 11-000-213-XXX234,581272,637218,089
Students - Related & Extraordinary 11-000-216,21771,84673,132137,361
Guidance 11-000-218-XXX197,052202,000209,862
Child Study Teams 11-000-219-XXX316,642327,482314,741
Improvement of Instructional Services 11-000-221-XXX156,693159,542176,801
Educational Media Services - School Library 11-000-222-XXX75,71280,078140,470
Instructional Staff Training Services 11-000-223-XXX048,62033,232
General Administration 11-000-230-XXX332,331299,151310,843
School Administration 11-000-240-XXX397,870385,908388,950
Central Svcs & Admin Info Technology 11-000-25X-XXX33,608292,278276,588
Operation and Maintenance of Plant Services 11-000-26X-XXX1,121,2851,220,8791,386,959
Student Transportation Services 11-000-270-XXX192,201231,000263,559
Other Support Services 11-000-290-XXX281,14900
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,926,4342,093,8202,316,272
Total Support Services Expenditures 5,613,1276,030,8906,585,856
TOTAL GENERAL CURRENT EXPENSE 11,053,34811,693,10012,472,221
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X42,89810,4576,450
TOTAL CAPITAL EXPENDITURES 42,89810,4576,450
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 11,096,24611,703,55712,478,671
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX1,91400
Instructional Supplement Aid:
Instruction 20-214-100-XXX1,02600
Support Services 20-214-200-XXX01,0260
TOTAL INSTRUCTIONAL SUPPLEMENT AID 1,0261,0260
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX11,0679,7729,597
Nonpublic Handicapped Services 20-XXX-XXX-XXX063,28191,693
Nonpublic Nursing Services 20-XXX-XXX-XXX15,63813,00213,255
Nonpublic Technology Initiative 20-XXX-XXX-XXX4,12000
Other Special Projects 20-XXX-XXX-XXX80,54800
Total State Projects 112,39987,081114,545
Federal Projects:
Title I 20-XXX-XXX-XXX46,22637,34227,873
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX160,374157,147162,677
Other Special Projects 20-XXX-XXX-XXX34,17622,67822,463
Total Federal Projects 240,776217,167213,013
TOTAL GRANTS AND ENTITLEMENTS 355,089304,248327,558
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX970,614963,644965,047
TOTAL REPAYMENT OF DEBT 970,614963,644965,047
Total Expenditures 12,421,94912,971,44913,771,276

 

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 Budget228,145259,166259,166250,000
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve0000
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve426,700535,552286,9200
      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 Cost11,66612,30313,02713,38614,159
Total Classroom Instruction6,4627,8277,3597,5627,861
Classroom-Salaries and Benefits6,1177,4606,7726,9587,262
Classroom-General Supplies and Textbooks172300255262286
Classroom-Purchased Services and Other17467333342313
Total Support Services1,4951,3011,7781,8262,036
Support Services-Salaries and Benefits1,3031,0931,5041,5461,831
Total Administrative Costs1,5621,2041,4091,4481,448
Administration-Salaries and Benefits1,3879921,2351,2691,268
Total Operations and Maintenance of Plant1,4111,2941,5981,6421,843
Operations & Maintenance of Plant-Salary & Ben.809587806828862
Total Food Services Costs00000
Total Extracurricular Costs729678869893954
Total Equipment Costs425012138
Employee Benefits as a % of Salaries24.726.128.328.329.6

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
  • The Point Pleasant Beach Board of Education participates in the following
  • shared services: Interlocal with Bay Head Board of Education sharing the
  • Superintendent, Interlocal with Bay Head and Lavallette sharing the Child
  • Study Team services, electricity cooperative, gas cooperative, Joint
  • Insurance Fund for all non health insurance, instructional supplies
  • cooperative, instructional programs with Avon, Bay Head and Lavallette,
  • as well as telecommunicaiton cooperative.
  • The Point Pleasant Beach Board of Education also has many cooperative
  • shared services with the Town of Point Pleasant Beach. Some of the
  • shares services include gas for vehicles, garbage, water/sewer, snow
  • removal and sharing equipment.
  • The Point Pleasant Beach Board of Education also has a cooperative
  • sports program with the Point Pleasant Boro School District and
  • has a cooperative Advanced Placement Course program.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy9,293,558 (A)
Estimated Net Taxable Valuation (as of 01/04/2008)2,566,470,277 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.3621 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy10,258,605 (D)
Estimated Net Taxable Valuation (as of 01/04/2008)2,566,470,277 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.3997 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy9,293,558 (G)
Estimated Equalized Valuation (as of 10/01/2007)2,344,690,735 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.3964 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy10,258,605 (J)
Estimated Equalized Valuation (as of 10/01/2007)2,344,690,735 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.4375 (L)