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User Friendly Budgets
2008

OCEAN - ISLAND HEIGHTS BORO

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time105101104
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Pupils on Roll - Special Full-Time9911
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Pupils Sent to Other Dists-Spec Ed Prog221

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 144,642 143,845
Revenues from Local Sources:
Local Tax Levy 10-1210 1,519,823 1,521,345 1,582,199
Interest Earned on Capital Reserve Funds 10-1XXX 0 0 350
Unrestricted Miscellaneous Revenues 10-1XXX 38,768 3,000 2,650
SUBTOTAL  1,558,591 1,524,345 1,585,199
Revenues from State Sources:
Transportation Aid 10-3120 16,943 16,943 0
Special Education Aid 10-3130 102,120 102,120 0
Stabilization Aid 10-3171 33,828 33,828 0
Consolidated Aid 10-3195 10,661 10,661 0
Additional Formula Aid 10-3196 2,763 7,984 0
Other State Aids 10-3XXX 1,392 0 0
Categorical Special Education Aid 10-3132 0 0 56,827
Categorical Security Aid 10-3177 0 0 8,479
Adjustment Aid 10-3178 0 0 114,226
Categorical Transportation Aid 10-3121 0 0 4,633
SUBTOTAL  167,707 171,536 184,165
Adjustment for Prior Year Encumbrances  0 27,429 0
Actual Revenues (Over)/Under Expenditures  15,603 0 0
TOTAL OPERATING BUDGET  1,741,901 1,867,952 1,913,209
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 1,000 0 0
Revenues from State Sources:
Instructional Supplement Aid 20-3214 7,725 7,725 0
TOTAL REVENUES FROM STATE SOURCES  7,725 7,725 0
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 28,956 32,842 32,842
Other 20-4XXX 7,619 4,883 4,883
TOTAL REVENUES FROM FEDERAL SOURCES  36,575 37,725 37,725
TOTAL GRANTS AND ENTITLEMENTS  45,300 45,450 37,725
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 580 43
Revenues from Local Sources:
Local Tax Levy 40-1210 76,097 94,110 92,772
Miscellaneous 40-1XXX 320 0 0
TOTAL REVENUES FROM LOCAL SOURCES  76,417 94,110 92,772
TOTAL LOCAL REPAYMENT OF DEBT  76,417 94,690 92,815
Actual Revenues (Over)/Under Expenditures  20,148 0 0
TOTAL REPAYMENT OF DEBT  96,565 94,690 92,815
TOTAL REVENUES/SOURCES  1,883,766 2,008,092 2,043,749

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX821,103823,413835,608
Special Education 11-2XX-100-XXX23,72519,00044,855
Basic Skills/Remedial 11-230-100-XXX22,70848,95124,900
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX7,7028,5988,729
Other Instructional Programs 11-4XX-100-XXX5,55019,20043,881
Support Services:
Tuition 11-000-100-XXX5177,5007,500
Attendance and Social Work Services 11-000-211-XXX18,56619,20319,933
Health Services 11-000-213-XXX14,66816,36317,521
Students - Related & Extraordinary 11-000-216,21745,45546,61239,997
Child Study Teams 11-000-219-XXX62,96763,05068,000
Educational Media Services - School Library 11-000-222-XXX3781,4001,400
Instructional Staff Training Services 11-000-223-XXX4,3895,7355,600
General Administration 11-000-230-XXX93,289106,585101,274
School Administration 11-000-240-XXX269500550
Central Svcs & Admin Info Technology 11-000-25X-XXX69,31375,25078,255
Operation and Maintenance of Plant Services 11-000-26X-XXX282,765309,669296,794
Student Transportation Services 11-000-270-XXX28,66836,17037,682
Personal Services - Employee Benefits 11-XXX-XXX-2XX222,043243,304262,380
Food Services 11-000-310-XXX17,82617,44918,000
Total Support Services Expenditures 861,113948,790954,886
TOTAL GENERAL CURRENT EXPENSE 1,741,9011,867,9521,912,859
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-60400350
TOTAL CAPITAL EXPENDITURES 00350
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 1,741,9011,867,9521,913,209
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX1,00000
Instructional Supplement Aid:
Instruction 20-214-100-XXX7,72500
Support Services 20-214-200-XXX07,7250
TOTAL INSTRUCTIONAL SUPPLEMENT AID 7,7257,7250
Other State Projects:
Total State Projects 7,7257,7250
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX28,95632,84232,842
Other Special Projects 20-XXX-XXX-XXX7,6194,8834,883
Total Federal Projects 36,57537,72537,725
TOTAL GRANTS AND ENTITLEMENTS 45,30045,45037,725
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX96,56594,69092,815
TOTAL REPAYMENT OF DEBT 96,56594,69092,815
Total Expenditures 1,883,7662,008,0922,043,749

 

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 Budget193,103388,612243,970100,125
  Repayment of Debt20,749601430
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve30,98632,13832,13832,488
      Adult Education Programs0000
      Maintenance Reserve22,34322,34322,34322,343
      Legal Reserve143,350000
      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 Cost14,83815,46015,11416,60016,185
Total Classroom Instruction8,9839,4489,1129,9039,893
Classroom-Salaries and Benefits8,3108,7348,4659,0818,989
Classroom-General Supplies and Textbooks581595511661754
Classroom-Purchased Services and Other92119136160150
Total Support Services1,5261,4651,4151,5731,449
Support Services-Salaries and Benefits1,327768726827727
Total Administrative Costs1,6131,5441,6161,7561,663
Administration-Salaries and Benefits1,4341,3741,4291,5321,468
Total Operations and Maintenance of Plant2,4912,7742,7533,1312,948
Operations & Maintenance of Plant-Salary & Ben.9008851,0241,1491,147
Total Food Services Costs154161147159157
Total Extracurricular Costs7169717876
Total Equipment Costs00000
Employee Benefits as a % of Salaries21.120.2212122.3

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
  • Child Study Team Central Regional
  • Maintenance & Repairs Central Regional
  • Buildings & Grounds Central Regional
  • Plumbing & Electric Central Regional
  • Tree Trimming Boro of Island Heights
  • Sidewalk Repair Boro of Island Heights
  • Removal of Overhead Roof Boro of Island Heights
  • Playground Construction Boro of Island Heights
  • Snow Removal Boro of Island Heights
  • Recycle Pickup Boro of Island Heights
  • Concert & Assembly Boro of Island Heights
  • Other Boro of Island Heights
  • Legal In Progress

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,582,199 (A)
Estimated Net Taxable Valuation (as of 01/01/2008)349,320,681 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.4529 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,674,971 (D)
Estimated Net Taxable Valuation (as of 01/01/2008)349,320,681 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.4795 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy1,582,199 (G)
Estimated Equalized Valuation (as of 01/01/2008)416,677,362 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.3797 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy1,674,971 (J)
Estimated Equalized Valuation (as of 01/01/2008)416,677,362 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.4020 (L)