User Friendly Budgets
2008

ATLANTIC - LONGPORT

 

Advertised Enrollments
Enrollment Category	October 15, 2006 Actual	October 15, 2007 Actual	October 15, 2008 Estimated
Private School Placements	0	0	1
Pupils Sent to Other Districts-Reg Prog	48	55	57
Pupils Sent to Other Dists-Spec Ed Prog	4	4	3

 

Advertised Revenues
Budget Category	Account	2006-07 Actual	2007-08 Revised	2008-09 Anticipated
OPERATING BUDGET
Revenues from Local Sources:
Local Tax Levy	10-1210	968,994	965,223	981,343
Other Restricted Miscellaneous Revenues	10-1XXX	13,344	0	0
Unrestricted Miscellaneous Revenues	10-1XXX	0	3,000	3,000
SUBTOTAL		982,338	968,223	984,343
Revenues from State Sources:
Transportation Aid	10-3120	10,048	10,048	0
Special Education Aid	10-3130	10,922	10,922	0
Stabilization Aid	10-3171	71,301	71,301	0
Consolidated Aid	10-3195	5,267	5,267	0
Additional Formula Aid	10-3196	2,926	5,940	0
Other State Aids	10-3XXX	7,624	0	0
Categorical Special Education Aid	10-3132	0	0	29,254
Categorical Security Aid	10-3177	0	0	3,838
Adjustment Aid	10-3178	0	0	58,505
Categorical Transportation Aid	10-3121	0	0	13,951
SUBTOTAL		108,088	103,478	105,548
Adjustment for Prior Year Encumbrances		0	53	0
Actual Revenues (Over)/Under Expenditures		-134,012	0	0
TOTAL OPERATING BUDGET		956,414	1,071,754	1,089,891
TOTAL REVENUES/SOURCES		956,414	1,071,754	1,089,891

 

Advertised Appropriations
Budget Category	Account	2006-07 Expenditures	2007-08 Rev. Approp.	2008-09 Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Support Services:
Tuition	11-000-100-XXX	850,966	945,194	962,491
General Administration	11-000-230-XXX	28,152	33,753	34,700
School Administration	11-000-240-XXX	5,000	0	0
Central Svcs & Admin Info Technology	11-000-25X-XXX	0	5,100	5,100
Operation and Maintenance of Plant Services	11-000-26X-XXX	9,681	10,000	10,000
Student Transportation Services	11-000-270-XXX	61,781	69,180	75,000
Personal Services - Employee Benefits	11-XXX-XXX-2XX	1,153	2,100	2,600
Total Support Services Expenditures		956,733	1,065,327	1,089,891
TOTAL GENERAL CURRENT EXPENSE		956,733	1,065,327	1,089,891
CAPITAL EXPENDITURES
SPECIAL SCHOOLS
Transfer of Funds to Charter Schools	10-000-100-56X	0	6,427	0
OPERATING BUDGET GRAND TOTAL		956,733	1,071,754	1,089,891
GRANTS AND ENTITLEMENTS
REPAYMENT OF DEBT
Total Expenditures		956,733	1,071,754	1,089,891

 

Advertised Recapitulation of Balances
Budget Category	Audited Balance 6/30/06	Audited Balance 6/30/07	Estimated Balance 6/30/08	Estimated Balance 6/30/09
Unreserved:
General Operating Budget	21,479	155,438	155,438	155,438
Repayment of Debt	0	0	0	0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve	0	0	0	0
Adult Education Programs	0	0	0	0
Maintenance Reserve	0	0	0	0
Legal Reserve	0	0	0	0
Tuition Reserve	0	0	0	0
Current Expense Emergency Reserve	0	0	0	0
Reserved for Repayment of Debt	0	0	0	0

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy	981,343 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)	1,549,659,019 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x100	0.0633 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy	981,343 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)	1,549,659,019 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x100	0.0633 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy	981,343 (G)
Estimated Equalized Valuation (as of 10/01/2007)	1,848,538,274 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x100	0.0531 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy	981,343 (J)
Estimated Equalized Valuation (as of 10/01/2007)	1,848,538,274 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x100	0.0531 (L)