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User Friendly Budgets
2012-13

ATLANTIC - LONGPORT

 

Advertised Enrollments
Enrollment CategoryOctober 15, 2010
Actual		October 15, 2011
Actual		October 15, 2012
Estimated
Pupils Sent to Other Districts-Reg Prog514948
Pupils Sent to Other Dists-Spec Ed Prog551

 

Advertised Revenues
Budget CategoryAccount2010-11
Actual		2011-12
Revised		2012-13
Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 0 61,065 61,535
Revenues from Local Sources:
Local Tax Levy 10-1210 920,717 877,770 933,957
Unrestricted Miscellaneous Revenues 10-1XXX 4,067 3,000 1,200
SUBTOTAL  924,784 880,770 935,157
Revenues from State Sources:
Other State Aids 10-3XXX 522 0 0
Categorical Special Education Aid 10-3132 31,935 31,935 33,074
Categorical Security Aid 10-3177 4,239 4,239 4,162
Adjustment Aid 10-3178 17,488 29,023 32,446
Categorical Transportation Aid 10-3121 21,369 21,369 20,899
SUBTOTAL  75,553 86,566 90,581
Revenues from Federal Sources:
SUBTOTAL  0 4,396 0
Actual Revenues (Over)/Under Expenditures  5,102 0 0
TOTAL OPERATING BUDGET  1,005,439 1,032,797 1,087,273
TOTAL REVENUES/SOURCES  1,005,439 1,032,797 1,087,273
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL REVENUES/SOURCES NET OF TRANSFERS  1,005,439 1,032,797 1,087,273

 

Advertised Appropriations
Budget CategoryAccount2010-11
Expenditures		2011-12
Rev. Approp.		2012-13
Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Support Services:
Tuition 11-000-100-XXX876,927851,755890,773
General Administration 11-000-230-XXX25,49945,90031,400
Central Svcs & Admin Info Technology 11-000-25X-XXX5,0155,5005,500
Operation and Maintenance of Plant Services 11-000-26X-XXX5,9296,4007,000
Student Transportation Services 11-000-270-XXX68,91180,000106,000
Personal Services - Employee Benefits 11-XXX-XXX-2XX4311,6001,600
Total Support Services Expenditures 982,712991,1551,042,273
TOTAL GENERAL CURRENT EXPENSE 982,712991,1551,042,273
CAPITAL EXPENDITURES
Transfer of Funds to Charter Schools 10-000-100-56X22,72741,64245,000
OPERATING BUDGET GRAND TOTAL 1,005,4391,032,7971,087,273
SPECIAL GRANTS AND ENTITLEMENTS
Total Expenditures 1,005,4391,032,7971,087,273
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS 1,005,4391,032,7971,087,273

 

Advertised Recapitulation of Balances
Budget CategoryAudited
Balance
6/30/10		Audited
Balance
6/30/11		Estimated
Balance
6/30/12		Estimated
Balance
6/30/13
Unassigned:
  General Operating Budget294,008300,283262,057236,907
  Repayment of Debt0000
Reserved for Specific Purposes:
  General Operating Budget:
      Capital Reserve0000
      Adult Education Programs0000
      Maintenance Reserve0000
      Legal Reserve59,06647,68936,3850
      Tuition Reserve0000
      Current Expense Emergency Reserve0000
  Restricted for Repayment of Debt0000

 

Shared Services
  • Longport is a sending district for K-8 to Margate and 9-12 to Atlantic Ci
  • City. They have transportation jointures with Ventnor and Margate.
  • Office space is provided by the Borough.

 

Estimated Tax Rate Information
A. Estimated 12-13 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy933,957 (A)
Estimated Net Taxable Valuation (as of 10/01/2011)1,566,962,391 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)x1000.0596 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy933,957 (D)
Estimated Net Taxable Valuation (as of 10/01/2011)1,566,962,391 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)x1000.0596 (F)
B. Estimated 12-13 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy933,957 (G)
Estimated Equalized Valuation (as of 10/01/2011)2,041,872,607 (H)
Estimated 12-13 Equalized General Fund School Tax Rate=(G)/(H)x1000.0457 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy933,957 (J)
Estimated Equalized Valuation (as of 10/01/2011)2,041,872,607 (K)
Estimated 12-13 Equalized Total School Tax Rate=(J)/(K)x1000.0457 (L)