>>SCHOOL FINANCE  >>USER FRIENDLY BUDGETS  >>CAPE MAY  >>SEA ISLE CITY

User Friendly Budgets
2010

CAPE MAY - SEA ISLE CITY

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2008
Actual
October 15, 2009
Actual
October 15, 2010
Estimated
Pupils on Roll Regular Full-Time535047
spacing
Pupils on Roll - Special Full-Time13104
Pupils on Roll - Special Shared-Time100
spacing
Pupils Sent to Other Districts-Reg Prog496994
Pupils Sent to Other Dists-Spec Ed Prog13213

 

Advertised Revenues
Budget CategoryAccount2008-09
Actual
2009-10
Revised
2010-11
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 442,688 250,723
Withdrawal from Current Expense Emergency Rsv 10-312 0 0 85,040
Withdrawal from Cap Res-for Local Share 10-307 0 193,000 83,600
Revenues from Local Sources:
Local Tax Levy 10-1210 3,196,187 3,196,187 3,324,034
Tuition 10-1300 26,549 0 0
Interest Earned on Capital Reserve Funds 10-1XXX 5,084 0 0
Unrestricted Miscellaneous Revenues 10-1XXX 17,195 15,000 15,000
SUBTOTAL  3,245,015 3,211,187 3,339,034
Revenues from State Sources:
Extraordinary Aid 10-3131 306,812 0 0
Other State Aids 10-3XXX 25,706 0 0
Categorical Special Education Aid 10-3132 56,108 52,628 59,207
Categorical Security Aid 10-3177 11,281 9,225 17,443
Adjustment Aid 10-3178 70,540 205,542 0
Categorical Transportation Aid 10-3121 79,582 81,440 62,651
SUBTOTAL  550,029 348,835 139,301
Actual Revenues (Over)/Under Expenditures  129,445 0 0
TOTAL OPERATING BUDGET  3,924,489 4,195,710 3,897,698
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 252 0 0
TOTAL REVENUES FROM STATE SOURCES  252 0 0
Revenues from Federal Sources:
Title I 20-4411-4416 26,542 23,751 18,863
I.D.E.A. Part B (Handicapped) 20-4420-4429 48,632 34,490 38,302
Other 20-4XXX 5,208 1,842 0
TOTAL REVENUES FROM FEDERAL SOURCES  80,382 60,083 57,165
TOTAL GRANTS AND ENTITLEMENTS  80,634 60,083 57,165
TOTAL REVENUES/SOURCES  4,005,123 4,255,793 3,954,863
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL REVENUES/SOURCES NET OF TRANSFERS  4,005,123 4,255,793 3,954,863

 

Advertised Appropriations
Budget CategoryAccount2008-09
Expenditures
2009-10
Rev. Approp.
2010-11
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX729,190621,293558,000
Special Education 11-2XX-100-XXX235,50290,04078,040
Basic Skills/Remedial 11-230-100-XXX60,01011,5650
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX9,30500
School Sponsored Athletics 11-402-100-XXX17,07000
Support Services:
Tuition 11-000-100-XXX884,3561,445,2951,760,784
Attendance and Social Work Services 11-000-211-XXX11,6959,7689,660
Health Services 11-000-213-XXX61,36264,20063,080
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217267,54791,70044,500
Guidance 11-000-218-XXX42,69030080,300
Child Study Teams 11-000-219-XXX85,479103,87897,545
Improvement of Instructional Services 11-000-221-XXX130,29278,72835,045
Educational Media Services - School Library 11-000-222-XXX1,8112,9662,970
Instructional Staff Training Services 11-000-223-XXX255,1501,300
General Administration 11-000-230-XXX208,144106,90949,225
School Administration 11-000-240-XXX8,9929,7288,420
Central Svcs & Admin Info Technology 11-000-25X-XXX30,41543,40126,000
Operation and Maintenance of Plant Services 11-000-26X-XXX244,057347,007310,350
Student Transportation Services 11-000-270-XXX277,658330,154324,000
Deposit to Current Expense Emergency Reserve 10-607091,1070
Personal Services - Employee Benefits 11-XXX-XXX-2XX383,196343,223338,500
Food Services 11-000-310-XXX15,00022,00025,000
Total Support Services Expenditures 2,652,7193,004,4073,176,679
TOTAL GENERAL CURRENT EXPENSE 3,703,7963,818,4123,812,719
CAPITAL EXPENDITURES
Deposit to Capital Reserve 10-604043,6980
Equipment 12-XXX-XXX-73X11,70000
Facilities Acquisition and Construction Services 12-000-4XX-XXX165,00083,60084,979
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-9310193,0000
TOTAL CAPITAL EXPENDITURES 176,700320,29884,979
Transfer of Funds to Charter Schools 10-000-100-56X43,99357,0000
OPERATING BUDGET GRAND TOTAL 3,924,4894,195,7103,897,698
SPECIAL GRANTS AND ENTITLEMENTS
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX25200
Total State Projects 25200
Federal Projects:
Title I 20-XXX-XXX-XXX26,54223,75118,863
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX48,63234,49038,302
Other Special Projects 20-XXX-XXX-XXX5,2081,8420
Total Federal Projects 80,38260,08357,165
TOTAL GRANTS AND ENTITLEMENTS 80,63460,08357,165
Total Expenditures 4,005,1234,255,7933,954,863
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS 4,005,1234,255,7933,954,863

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/08
Audited
Balance
6/30/09
Estimated
Balance
6/30/10
Estimated
Balance
6/30/11
Unassigned:
  General Operating Budget298,689385,795485,795235,072
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve193,109133,193176,89193,291
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve539,474442,68800
      Tuition Reserve0000
      Current Expense Emergency Reserve040,000131,10746,067
  Restricted for Repayment of Debt0000

 

Advertised Per Pupil Cost Calculations
 2007-08
Actual
2008-09
Actual
2009-10
Original
Budget
2009-10
Revised
Budget
2010-11
Proposed
Budget
Total Comparative Per Pupil Cost32,46033,66633,82132,53133,881
Total Classroom Instruction17,16018,64819,50817,76917,590
Classroom-Salaries and Benefits16,53417,24718,71316,68316,741
Classroom-General Supplies and Textbooks364872205261496
Classroom-Purchased Services and Other262530591825353
Total Support Services8,2557,9596,2515,9457,314
Support Services-Salaries and Benefits3,5934,2191,5451,5062,478
Total Administrative Costs2,3433,2791,7102,6671,735
Administration-Salaries and Benefits363593380755310
Legal Costs00182633196
Total Operations and Maintenance of Plant4,2623,2335,9525,7836,690
Operations & Maintenance of Plant-Salary & Ben.2,5401,5681,8382,2921,977
Total Food Services Costs283199400367490
Total Extracurricular Costs158349000
Total Equipment Costs0155000
Employee Benefits as a % of Salaries32.926.435.535.144

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2010 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 2009-10 revised appropriations and 2010-11 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
  • The Sea Isle City and Ocean City Board of Education are entering into
  • Interlocal Agreements for Chief School Administrator, School Business
  • Administrator/Board Secretary and Principal/Curriculum Coordinator for
  • the 2010-2011 school year

 

Estimated Tax Rate Information
A. Estimated 10-11 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy3,324,034 (A)
Estimated Net Taxable Valuation (as of 10/01/2009)4,820,109,959 (B)
Estimated 10-11 General Fund School Tax Rate=(A)/(B)x1000.0690 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy3,324,034 (D)
Estimated Net Taxable Valuation (as of 10/01/2009)4,820,109,959 (E)
Estimated 10-11 Total School Tax Rate=(D)/(E)x1000.0690 (F)
B. Estimated 10-11 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy3,324,034 (G)
Estimated Equalized Valuation (as of 10/01/2009)4,753,111,903 (H)
Estimated 10-11 Equalized General Fund School Tax Rate=(G)/(H)x1000.0699 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy3,324,034 (J)
Estimated Equalized Valuation (as of 10/01/2009)4,753,111,903 (K)
Estimated 10-11 Equalized Total School Tax Rate=(J)/(K)x1000.0699 (L)