>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>OCEAN  >>LAKEWOOD TWP

User Friendly Budgets
2009

OCEAN - LAKEWOOD TWP

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils on Roll Regular Full-Time4,6944,3714,438
Pupils on Roll Regular Shared-Time562112
Pupils on Roll Reg Accr. Adult High Sch1058487
spacing
Pupils on Roll - Special Full-Time734734835
Pupils on Roll - Special Shared-Time15337
Private School Placements125177236
spacing
Pupils Sent to Contracted Preschool Prog196326325
Pupils Sent to Other Districts-Reg Prog250
Pupils Sent to Other Dists-Spec Ed Prog11218510
Pupils Received120
Pupils in State Facilities141414

 

Advertised Revenues
Budget CategoryAccount2007-08
Actual
2008-09
Revised
2009-10
Anticipated
OPERATING BUDGET
Withdrawal from Cap Res-for Local Share 10-307 0 270,000 0
Revenues from Local Sources:
Local Tax Levy 10-1210 64,722,523 69,597,133 71,593,625
Tuition 10-1300 91,790 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 8,074,737 600,000 1,087,180
SUBTOTAL  72,889,050 70,197,133 72,680,805
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 4,358,760 0 0
Transportation Aid 10-3120 2,130,046 0 0
Special Education Aid 10-3130 4,562,209 0 0
Bilingual Education 10-3140 500,064 0 0
Stabilization Aid 10-3171 1,854,071 0 0
Aid for Adult and Post-Graduate Programs 10-3191 120,990 0 0
Extraordinary Aid 10-3131 524,449 829,909 829,909
Consolidated Aid 10-3195 575,591 0 0
Additional Formula Aid 10-3196 1,239,684 0 0
Other State Aids 10-3XXX 1,536,382 225,000 325,000
Categorical Special Education Aid 10-3132 0 2,962,522 2,844,367
Equalization Aid 10-3176 0 17,012,441 14,932,127
Categorical Security Aid 10-3177 0 1,792,047 2,037,382
Categorical Transportation Aid 10-3121 0 3,982,997 5,936,131
SUBTOTAL  17,402,246 26,804,916 26,904,916
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 285,022 50,000 59,950
SUBTOTAL  285,022 50,000 59,950
Adjustment for Prior Year Encumbrances  0 430,188 0
Actual Revenues (Over)/Under Expenditures  -1,243,825 0 0
TOTAL OPERATING BUDGET  89,332,493 97,752,237 99,645,671
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 16,760 0 0
Revenues from State Sources:
Early Childhood Program Aid 20-3211 4,232,532 0 0
Demonstrably Effective Program Aid 20-3212 2,142,778 0 0
Preschool Education Aid 20-3218 0 2,615,155 2,726,844
Other Restricted Entitlements 20-32XX 14,452,428 12,224,065 12,448,585
TOTAL REVENUES FROM STATE SOURCES  20,827,738 14,839,220 15,175,429
Revenues from Federal Sources:
Title I 20-4411-4416 0 6,179,449 6,179,449
I.D.E.A. Part B (Handicapped) 20-4420-4429 0 3,394,522 3,394,522
Other 20-4XXX 0 3,037,151 3,037,151
TOTAL REVENUES FROM FEDERAL SOURCES  0 12,611,122 12,611,122
TOTAL GRANTS AND ENTITLEMENTS  20,844,498 27,450,342 27,786,551
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy 40-1210 1,258,914 1,250,715 1,242,075
TOTAL REVENUES FROM LOCAL SOURCES  1,258,914 1,250,715 1,242,075
Revenues from State Sources:
Debt Service Aid Type II 40-3160 104,252 103,294 102,458
TOTAL LOCAL REPAYMENT OF DEBT  1,363,166 1,354,009 1,344,533
TOTAL REPAYMENT OF DEBT  1,363,166 1,354,009 1,344,533
TOTAL REVENUES/SOURCES  111,540,157 126,556,588 128,776,755

 

Advertised Appropriations
Budget CategoryAccount2007-08
Expenditures
2008-09
Rev. Approp.
2009-10
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX16,114,45019,489,59918,962,509
Special Education 11-2XX-100-XXX8,122,5876,707,9206,849,437
Basic Skills/Remedial 11-230-100-XXX151,0041,090,739129,213
Bilingual Education 11-240-100-XXX1,181,5921,569,2551,837,565
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX124,107171,801187,000
School Sponsored Athletics 11-402-100-XXX468,719604,584663,000
Community Services Programs/Operations 11-800-330-XXX300,479192,500183,000
Support Services:
Tuition 11-000-100-XXX10,663,21815,594,54516,444,958
Attendance and Social Work Services 11-000-211-XXX69,4057,500108,000
Health Services 11-000-213-XXX503,320414,758423,349
Speech, OT, PT, Related & Extraordinary Services 11-000-216,2176,547,0064,935,4303,973,815
Guidance 11-000-218-XXX729,227745,723932,562
Child Study Teams 11-000-219-XXX2,774,6942,706,0222,843,466
Improvement of Instructional Services 11-000-221-XXX654,133751,641811,202
Educational Media Services - School Library 11-000-222-XXX629,537654,127685,105
Instructional Staff Training Services 11-000-223-XXX21,44624,50018,850
General Administration 11-000-230-XXX2,154,3311,754,7031,661,250
School Administration 11-000-240-XXX2,736,2482,736,2762,675,407
Central Svcs & Admin Info Technology 11-000-25X-XXX1,573,6491,300,6961,383,998
Operation and Maintenance of Plant Services 11-000-26X-XXX6,147,8726,573,4327,395,761
Student Transportation Services 11-000-270-XXX14,849,92616,132,40116,940,111
Personal Services - Employee Benefits 11-XXX-XXX-2XX11,395,08211,859,99212,687,356
Total Support Services Expenditures 61,449,09466,191,74668,985,190
TOTAL GENERAL CURRENT EXPENSE 87,912,03296,018,14497,796,914
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X00960,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX679,9241,563,284732,007
TOTAL CAPITAL EXPENDITURES 679,9241,563,2841,692,007
SPECIAL SCHOOLS
Summer School:
Instruction 13-422-100-XXX20,23179,25880,500
Support Services 13-422-200-XXX2,7977,34210,500
Total Summer School 23,02886,60091,000
Adult Education - Local:
Instruction 13-602-100-XXX25,64351,34056,900
Support Services 13-602-200-XXX11,94232,8698,850
Total Adult Education - Local 37,58584,20965,750
TOTAL SPECIAL SCHOOLS 60,613170,809156,750
OPERATING BUDGET GRAND TOTAL 88,652,56997,752,23799,645,671
GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX16,76000
Early Childhood Program Aid:
Instruction 20-218-100-XXX1,900,875535,344535,344
Support Services 20-218-200-XXX2,331,6572,079,8112,191,500
TOTAL PRESCHOOL EDUCATION AID 4,232,5322,615,1552,726,844
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX1,567,45200
Support Services 20-212-200-XXX575,32600
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 2,142,77800
Other State Projects:
Instruction 20-217-100-XXX1,572,50000
Support Services 20-217-200-XXX450,00000
TOTAL TARA USED TO SUPPORT PROGRAMS 2,022,50000
Nonpublic Textbooks 20-XXX-XXX-XXX687,076784,817784,817
Nonpublic Auxiliary Services 20-XXX-XXX-XXX6,105,3275,938,6085,938,608
Nonpublic Handicapped Services 20-XXX-XXX-XXX3,948,5893,892,3053,892,305
Nonpublic Nursing Services 20-XXX-XXX-XXX974,9591,059,4151,059,415
Nonpublic Technology Initiative 20-XXX-XXX-XXX471,011548,920548,920
Other Special Projects 20-XXX-XXX-XXX242,9660224,520
Total State Projects 20,827,73814,839,22015,175,429
Federal Projects:
Title I 20-XXX-XXX-XXX06,179,4496,179,449
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX03,394,5223,394,522
Other Special Projects 20-XXX-XXX-XXX03,037,1513,037,151
Total Federal Projects 012,611,12212,611,122
TOTAL GRANTS AND ENTITLEMENTS 20,844,49827,450,34227,786,551
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX1,363,1661,354,0091,344,533
TOTAL REPAYMENT OF DEBT 1,363,1661,354,0091,344,533
Total Expenditures 110,860,233126,556,588128,776,755

 

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 Budget-536,3217,316257,316257,316
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve0270,00000
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve0000
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Reserved for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2006-07
Actual
2007-08
Actual
2008-09
Original
Budget
2008-09
Revised
Budget
2009-10
Proposed
Budget
Total Comparative Per Pupil Cost11,27613,14511,95412,72612,320
Total Classroom Instruction6,3577,1126,7707,4237,030
Classroom-Salaries and Benefits6,0596,6936,2827,0786,711
Classroom-General Supplies and Textbooks210155261256210
Classroom-Purchased Services and Other8726422689109
Total Support Services2,0983,1072,3102,3752,268
Support Services-Salaries and Benefits1,6131,7251,6701,5101,607
Total Administrative Costs1,4651,4651,3691,3141,285
Administration-Salaries and Benefits9721,0841,040964976
Total Operations and Maintenance of Plant1,0801,1731,1821,2901,402
Operations & Maintenance of Plant-Salary & Ben.4892422
Total Food Services Costs00000
Total Extracurricular Costs166137179183199
Total Equipment Costs0000181
Employee Benefits as a % of Salaries29.530.933.831.133.5

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2009 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 2008-09 revised appropriations and 2009-10 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
  • ALLIANCE FOR COMPETITIVE ENERGY SERVICES
  • ALLIANCE FOR COMPETITIVE TELECOMMUNICATIONS
  • MONMOUTH OCEAN ED SERVICE COMMISSION STUDENT TRANSPORTATION
  • EDUCATIONAL DATA SERVICES COOPERATIVE BIDDING
  • INTERLOCAL AGREEMENT WITH LAKEWOOD TOWNSHIP FOR DIESEL/GASOLINE

 

Estimated Tax Rate Information
A. Estimated 09-10 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy71,593,625 (A)
Estimated Net Taxable Valuation (as of 01/31/2009)7,873,933,936 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)x1000.9092 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy72,835,700 (D)
Estimated Net Taxable Valuation (as of 01/31/2009)7,873,933,936 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)x1000.9250 (F)
B. Estimated 09-10 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy71,593,625 (G)
Estimated Equalized Valuation (as of 10/01/2008)8,249,195,078 (H)
Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)x1000.8679 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy72,835,700 (J)
Estimated Equalized Valuation (as of 10/01/2008)8,249,195,078 (K)
Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)x1000.8829 (L)