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User Friendly Budgets
2008

SALEM - OLDMANS TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2006
Actual
October 15, 2007
Actual
October 15, 2008
Estimated
Pupils on Roll Regular Full-Time191186188
Pupils on Roll Regular Shared-Time100
spacing
Pupils on Roll - Special Full-Time282730
Private School Placements233
spacing
Pupils Sent to Other Districts-Reg Prog516261
Pupils Sent to Other Dists-Spec Ed Prog211815
Pupils in State Facilities010

 

Advertised Revenues
Budget CategoryAccount2006-07
Actual
2007-08
Revised
2008-09
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 125,500 20,402
Transfers from Other Funds 10-5200 0 0 115,174
Revenues from Local Sources:
Local Tax Levy 10-1210 2,569,891 2,602,464 2,634,769
Transportation Fees from Other LEAs 10-1420-1440 19,156 20,000 15,000
Unrestricted Miscellaneous Revenues 10-1XXX 47,244 10,000 20,000
SUBTOTAL  2,636,291 2,632,464 2,669,769
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 874,147 874,147 0
Transportation Aid 10-3120 129,819 129,819 0
Special Education Aid 10-3130 147,170 147,170 0
Stabilization Aid 10-3171 347,906 347,906 0
Extraordinary Aid 10-3131 2,577 0 0
Consolidated Aid 10-3195 32,697 32,697 0
Additional Formula Aid 10-3196 46,042 93,465 0
Other State Aids 10-3XXX 400 55,636 0
Categorical Special Education Aid 10-3132 0 0 144,653
Equalization Aid 10-3176 0 0 1,509,654
Categorical Security Aid 10-3177 0 0 31,129
Categorical Transportation Aid 10-3121 0 0 122,103
SUBTOTAL  1,580,758 1,680,840 1,807,539
Adjustment for Prior Year Encumbrances  0 3,188 0
Actual Revenues (Over)/Under Expenditures  -47,186 0 0
TOTAL OPERATING BUDGET  4,169,863 4,441,992 4,612,884
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Instructional Supplement Aid 20-3214 3,000 3,000 0
Other Restricted Entitlements 20-32XX 1,725 0 0
TOTAL REVENUES FROM STATE SOURCES  4,725 3,000 0
Revenues from Federal Sources:
Title I 20-4411-4416 40,473 21,407 25,056
I.D.E.A. Part B (Handicapped) 20-4420-4429 81,200 71,555 79,344
Other 20-4XXX 45,693 11,265 8,075
TOTAL REVENUES FROM FEDERAL SOURCES  167,366 104,227 112,475
TOTAL GRANTS AND ENTITLEMENTS  172,091 107,227 112,475
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 0 1,802 4,577
Transfers from Other Funds 40-5200 4,577 0 0
Revenues from Local Sources:
Local Tax Levy 40-1210 174,541 175,918 171,351
TOTAL REVENUES FROM LOCAL SOURCES  174,541 175,918 171,351
Revenues from State Sources:
Debt Service Aid Type II 40-3160 80,249 79,544 78,742
TOTAL LOCAL REPAYMENT OF DEBT  259,367 257,264 254,670
Actual Revenues (Over)/Under Expenditures  177 0 0
TOTAL REPAYMENT OF DEBT  259,544 257,264 254,670
TOTAL REVENUES/SOURCES  4,601,498 4,806,483 4,980,029

 

Advertised Appropriations
Budget CategoryAccount2006-07
Expenditures
2007-08
Rev. Approp.
2008-09
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX1,186,9471,239,3211,220,996
Special Education 11-2XX-100-XXX234,869257,746268,220
Basic Skills/Remedial 11-230-100-XXX32,85432,16127,655
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX6,4008,4508,450
School Sponsored Athletics 11-402-100-XXX4,2606,7006,700
Support Services:
Tuition 11-000-100-XXX1,213,8701,328,6111,137,910
Attendance and Social Work Services 11-000-211-XXX12,21213,21713,766
Health Services 11-000-213-XXX51,24362,55360,565
Students - Related & Extraordinary 11-000-216,21759,85064,36767,133
Guidance 11-000-218-XXX4,94329,90027,902
Child Study Teams 11-000-219-XXX1,9302,0002,000
Educational Media Services - School Library 11-000-222-XXX57,67548,42068,247
Instructional Staff Training Services 11-000-223-XXX15,24117,39417,843
General Administration 11-000-230-XXX120,150107,637130,678
School Administration 11-000-240-XXX42,95365,26338,679
Central Svcs & Admin Info Technology 11-000-25X-XXX100,70299,843107,800
Operation and Maintenance of Plant Services 11-000-26X-XXX294,448319,722352,972
Student Transportation Services 11-000-270-XXX197,101191,650209,454
Personal Services - Employee Benefits 11-XXX-XXX-2XX467,366518,381608,600
Food Services 11-000-310-XXX23,04228,65628,268
Total Support Services Expenditures 2,662,7262,897,6142,871,817
TOTAL GENERAL CURRENT EXPENSE 4,128,0564,441,9924,403,838
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X41,807033,546
Facilities Acquisition and Construction Services 12-000-4XX-XXX00175,500
TOTAL CAPITAL EXPENDITURES 41,8070209,046
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 4,169,8634,441,9924,612,884
GRANTS AND ENTITLEMENTS
Instructional Supplement Aid:
Instruction 20-214-100-XXX3,0003,0000
TOTAL INSTRUCTIONAL SUPPLEMENT AID 3,0003,0000
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX1,72500
Total State Projects 4,7253,0000
Federal Projects:
Title I 20-XXX-XXX-XXX40,47321,40725,056
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX81,20071,55579,344
Other Special Projects 20-XXX-XXX-XXX45,69311,2658,075
Total Federal Projects 167,366104,227112,475
TOTAL GRANTS AND ENTITLEMENTS 172,091107,227112,475
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX259,544257,264254,670
TOTAL REPAYMENT OF DEBT 259,544257,264254,670
Total Expenditures 4,601,4984,806,4834,980,029

 

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 Budget112,081255,959252,809234,401
  Repayment of Debt6,5566,3794,5770
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve0000
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve181,703124,3441,9940
      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 Cost11,44812,18514,05413,63813,922
Total Classroom Instruction7,5068,0529,1098,8268,924
Classroom-Salaries and Benefits7,1177,6858,6488,3738,273
Classroom-General Supplies and Textbooks275254298296465
Classroom-Purchased Services and Other114114163158186
Total Support Services1,0321,1081,4611,4181,483
Support Services-Salaries and Benefits8729371,2291,1891,254
Total Administrative Costs1,4041,3841,5341,5121,512
Administration-Salaries and Benefits1,1681,0951,2441,1441,136
Total Operations and Maintenance of Plant1,3381,4891,7431,6761,804
Operations & Maintenance of Plant-Salary & Ben.563629705695732
Total Food Services Costs122104137135130
Total Extracurricular Costs4548727169
Total Equipment Costs30518800154
Employee Benefits as a % of Salaries25.324.426.125.830.8

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
  • Oldmans provides Business Office Services to the Greenwich Sch District
  • and Stow Creek Sch District, both located in Cumberland County.
  • Oldmans is the LEA for a County Wide bid for Custodial Supplies.
  • Oldmans purchases CST services from the SCSSSD.
  • Oldmans participates in the joint purchase of copy paper with Pittsgrove.
  • Oldmans provides transportation services using its bus fleet for the
  • PG-CP Reg BOE to Academy Programs.
  • Oldmans is the LEA for a County Wide bulb recycling project for which
  • districts pay a participation fee for the recycle efforts.

 

Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy2,634,769 (A)
Estimated Net Taxable Valuation (as of 10/01/2007)111,962,987 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)x1002.3533 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy2,806,120 (D)
Estimated Net Taxable Valuation (as of 10/01/2007)111,962,987 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)x1002.5063 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy2,634,769 (G)
Estimated Equalized Valuation (as of 10/01/2007)189,291,266 (H)
Estimated 08-09 Equalized General Fund School Tax Rate=(G)/(H)x1001.3919 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy2,806,120 (J)
Estimated Equalized Valuation (as of 10/01/2007)189,291,266 (K)
Estimated 08-09 Equalized Total School Tax Rate=(J)/(K)x1001.4824 (L)