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User Friendly Budgets
2008

OCEAN - MANTOLOKING

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils Sent to Other Districts-Reg Prog556
Pupils Sent to Other Dists-Spec Ed Prog011

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 164,305 97,910
Revenues from Local Sources:
Local Tax Levy 10-1210 107,821 88,290 88,290
Unrestricted Miscellaneous Revenues 10-1XXX 24,794 2,000 2,800
SUBTOTAL  132,615 90,290 91,090
Revenues from State Sources:
Transportation Aid 10-3120 2,880 2,880 0
Special Education Aid 10-3130 2,955 2,955 0
Stabilization Aid 10-3171 2,449 2,449 0
Additional Formula Aid 10-3196 0 245 0
Categorical Special Education Aid 10-3132 0 0 2,514
Categorical Security Aid 10-3177 0 0 330
Adjustment Aid 10-3178 0 0 1,871
Categorical Transportation Aid 10-3121 0 0 3,985
SUBTOTAL  8,284 8,399 8,700
Adjustment for Prior Year Encumbrances  0 55,734 0
Actual Revenues (Over)/Under Expenditures  -35,092 0 0
TOTAL OPERATING BUDGET  105,807 318,728 197,700
TOTAL REVENUES/SOURCES  105,807 318,728 197,700

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Support Services:
Tuition 11-000-100-XXX72,083163,02392,800
Students - Related & Extraordinary 11-000-216,217036,00025,000
General Administration 11-000-230-XXX6,37339,33626,900
Central Svcs & Admin Info Technology 11-000-25X-XXX11,64612,50013,000
Operation and Maintenance of Plant Services 11-000-26X-XXX013,00010,000
Student Transportation Services 11-000-270-XXX14,89050,02525,000
Personal Services - Employee Benefits 11-XXX-XXX-2XX8154,8445,000
Total Support Services Expenditures 105,807318,728197,700
TOTAL GENERAL CURRENT EXPENSE 105,807318,728197,700
CAPITAL EXPENDITURES
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 105,807318,728197,700
GRANTS AND ENTITLEMENTS
REPAYMENT OF DEBT
Total Expenditures 105,807318,728197,700

 

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 Budget115,808275,176313,176239,218
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve0000
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve303,434188,25723,9520
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Reserved for Repayment of Debt0000

 

Shared Services
  • Mantoloking is a non operating district and sends students on a tuition b
  • basis to Pt Pleasant Beach. Transportation is bid out. The only other
  • expenses are the SBA salary, minimal, audit amd insurance. Taxes have r
  • remained stable over the past ten years.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy88,290 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)982,825,086 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1000.0090 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy88,290 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)982,825,086 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1000.0090 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy88,290 (G)
Estimated Equalized Valuation (as of 10/01/2007)1,587,953,942 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1000.0056 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy88,290 (J)
Estimated Equalized Valuation (as of 10/01/2007)1,587,953,942 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1000.0056 (L)