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User Friendly Budgets
2009

ATLANTIC - CORBIN CITY

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual		October 15, 2009
Actual		October 15, 2010
Estimated
Private School Placements011
spacing
Pupils Sent to Other Districts-Reg Prog706882
Pupils Sent to Other Dists-Spec Ed Prog282011
Pupils in State Facilities020

 

Advertised Revenues
Budget CategoryAccount2007-08
Actual		2008-09
Revised		2009-10
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 54,215 0
Withdrawal from Tuition Reserve-for Tuition adj. 10-311 0 103,105 1,521
Withdrawal from Tuition Reserve-Excess over adj. 10-311 0 0 120,252
Revenues from Local Sources:
Local Tax Levy 10-1210 759,100 786,464 786,464
Unrestricted Miscellaneous Revenues 10-1XXX 119,991 3,500 3,500
SUBTOTAL  879,091 789,964 789,964
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 418,411 0 0
Transportation Aid 10-3120 99,415 0 0
Special Education Aid 10-3130 159,276 0 0
Extraordinary Aid 10-3131 1,198 0 0
Consolidated Aid 10-3195 14,483 0 0
Additional Formula Aid 10-3196 42,118 0 0
Other State Aids 10-3XXX 4,288 0 0
Categorical Special Education Aid 10-3132 0 46,908 46,128
Equalization Aid 10-3176 0 564,972 597,686
Categorical Security Aid 10-3177 0 11,610 14,062
Adjustment Aid 10-3178 0 34,720 0
Categorical Transportation Aid 10-3121 0 94,540 94,874
SUBTOTAL  739,189 752,750 752,750
Actual Revenues (Over)/Under Expenditures  -40,957 0 0
TOTAL OPERATING BUDGET  1,577,323 1,700,034 1,664,487
TOTAL REVENUES/SOURCES  1,577,323 1,700,034 1,664,487

 

Advertised Appropriations
Budget CategoryAccount2007-08
Expenditures		2008-09
Rev. Approp.		2009-10
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Support Services:
Tuition 11-000-100-XXX1,418,4291,530,9571,442,941
Speech, OT, PT, Related & Extraordinary Services 11-000-216,2173,8004,0004,000
Child Study Teams 11-000-219-XXX210600600
General Administration 11-000-230-XXX16,70223,91732,000
Central Svcs & Admin Info Technology 11-000-25X-XXX20,38520,88520,885
Operation and Maintenance of Plant Services 11-000-26X-XXX5,5156,5006,700
Student Transportation Services 11-000-270-XXX110,725111,300115,019
Deposit to Current Expense Emergency Reserve 10-6070040,467
Personal Services - Employee Benefits 11-XXX-XXX-2XX1,5571,8751,875
Total Support Services Expenditures 1,577,3231,700,0341,624,020
TOTAL GENERAL CURRENT EXPENSE 1,577,3231,700,0341,664,487
CAPITAL EXPENDITURES
SPECIAL SCHOOLS
OPERATING BUDGET GRAND TOTAL 1,577,3231,700,0341,664,487
GRANTS AND ENTITLEMENTS
Total Expenditures 1,577,3231,700,0341,664,487

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/07		Audited
Balance
6/30/08		Estimated
Balance
6/30/09		Estimated
Balance
6/30/10
Unreserved:
  General Operating Budget108,868208,863200,163200,163
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve0000
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve31,243000
      Tuition Reserve224,878224,878121,7730
      Current Expense Emergency Reserve00040,467
  Reserved for Repayment of Debt0000

 

Shared Services
  • Shared Services Agreement with the Ocean City Board of Education for
  • Business Administrator/Board Secretary services
  • Joint Transportation Agreement with the Upper Township Board of Education
  • for transportation of all resident students
  • Participating member of the Cape May & Atlantic Counties Insurance Pool
  • (CAIP), a sub-fund of NJSBA Insurance Group

 

Estimated Tax Rate Information
A. Estimated 09-10 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy786,464 (A)
Estimated Net Taxable Valuation (as of 01/21/2009)32,053,200 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)x1002.4536 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy786,464 (D)
Estimated Net Taxable Valuation (as of 01/21/2009)32,053,200 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)x1002.4536 (F)
B. Estimated 09-10 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy786,464 (G)
Estimated Equalized Valuation (as of 10/01/2008)53,621,850 (H)
Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)x1001.4667 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy786,464 (J)
Estimated Equalized Valuation (as of 10/01/2008)53,621,850 (K)
Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)x1001.4667 (L)