03/07/2008 OCEAN - OCEAN TWP
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2006 October 15, 2007 October 15, 2008
Actual Actual Estimated
Pupils on Roll Regular Full-Time 483 464 487
Pupils on Roll - Special Full-Time 74 79 79
Private School Placements 10 10 16
Pupils Sent to Other Districts-Reg Prog 417 403 408
Pupils Sent to Other Dists-Spec Ed Prog 108 105 107
Pupils Received 2
Pupils in State Facilities 2
OCEAN - OCEAN TWP
Advertised Revenues
Budget Category Account 2006-07 2007-08 2008-09
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 1,013,844 1,204,728
Revenues from Local Sources:
Local Tax Levy 10-1210 8,215,031 8,654,519 9,000,700
Interest Earned on Capital Reserve Funds 10-1XXX 1,730
Unrestricted Miscellaneous Revenues 10-1XXX 265,417 40,000 40,000
SUBTOTAL 8,480,448 8,694,519 9,042,430
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 3,746,670 3,746,670
Transportation Aid 10-3120 535,777 535,777
Special Education Aid 10-3130 1,431,570 1,431,570
Stabilization Aid 10-3171 969,725 969,725
Extraordinary Aid 10-3131 10,541 10,977
Consolidated Aid 10-3195 127,481 127,481
Additional Formula Aid 10-3196 176,404 386,779
Other State Aids 10-3XXX 2,501 118,004
Categorical Special Education Aid 10-3132 496,855
Equalization Aid 10-3176 764,828
Categorical Security Aid 10-3177 104,291
Adjustment Aid 10-3178 5,891,061
Categorical Transportation Aid 10-3121 292,100
SUBTOTAL 7,000,669 7,316,006 7,560,112
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 4,162
SUBTOTAL 4,162
Adjustment for Prior Year Encumbrances 154,159
Actual Revenues (Over)/Under Expenditures 10,894
TOTAL OPERATING BUDGET 15,496,173 17,178,528 17,807,270
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 3,000
Revenues from State Sources:
Instructional Supplement Aid 20-3214 24,879 24,879
TOTAL REVENUES FROM STATE SOURCES 24,879 24,879
Revenues from Federal Sources:
Title I 20-4411-4416 95,753 50,403 42,843
I.D.E.A. Part B (Handicapped) 20-4420-4429 254,790 251,155 213,482
Other 20-4XXX 62,610 8,042 6,836
TOTAL REVENUES FROM FEDERAL SOURCES 413,153 309,600 263,161
TOTAL GRANTS AND ENTITLEMENTS 441,032 334,479 263,161
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 12,429 125,174
Revenues from Local Sources:
Local Tax Levy 40-1210 220,883 371,062 258,094
Miscellaneous 40-1XXX 137,602
TOTAL REVENUES FROM LOCAL SOURCES 358,485 371,062 258,094
Revenues from State Sources:
Debt Service Aid Type II 40-3160 168,166 319,559 333,086
TOTAL LOCAL REPAYMENT OF DEBT 526,651 703,050 716,354
Actual Revenues (Over)/Under Expenditures -137,602
TOTAL REPAYMENT OF DEBT 389,049 703,050 716,354
TOTAL REVENUES/SOURCES 16,326,254 18,216,057 18,786,785
OCEAN - OCEAN TWP
Advertised Appropriations
Budget Category Account 2006-07 2007-08 2008-09
Expenditures Rev. Approp. Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX 2,270,030 2,510,979 2,702,468
Special Education 11-2XX-100-XXX 1,078,086 1,143,331 1,208,829
Basic Skills/Remedial 11-230-100-XXX 45,825 135,979 147,086
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 23,688 13,000 25,513
Support Services:
Tuition 11-000-100-XXX 6,909,836 7,870,434 8,129,319
Attendance and Social Work Services 11-000-211-XXX 17,413 19,135 20,995
Health Services 11-000-213-XXX 105,685 108,582 114,068
Students - Related & Extraordinary 11-000-216,217 251,231 229,972 217,378
Guidance 11-000-218-XXX 98,186 103,454 107,592
Child Study Teams 11-000-219-XXX 329,314 344,009 364,489
Improvement of Instructional Services 11-000-221-XXX 10,004 28,866 25,100
Educational Media Services - School Library 11-000-222-XXX 82,966 123,940 143,940
Instructional Staff Training Services 11-000-223-XXX 4,868 15,780 15,250
General Administration 11-000-230-XXX 258,540 251,838 261,806
School Administration 11-000-240-XXX 269,066 280,216 292,314
Central Svcs & Admin Info Technology 11-000-25X-XXX 186,294 184,616 191,305
Operation and Maintenance of Plant Services 11-000-26X-XXX 834,995 1,046,763 1,025,920
Student Transportation Services 11-000-270-XXX 633,984 924,991 940,111
Personal Services - Employee Benefits 11-XXX-XXX-2XX 1,342,686 1,654,895 1,682,557
Food Services 11-000-310-XXX 121,000 126,000 126,000
Total Support Services Expenditures 11,456,068 13,313,491 13,658,144
TOTAL GENERAL CURRENT EXPENSE 14,873,697 17,116,780 17,742,040
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604 1,730
Equipment 12-XXX-XXX-73X 97,829 56,672 63,500
Facilities Acquisition and Construction Services 12-000-4XX-XXX 524,647 5,076
TOTAL CAPITAL EXPENDITURES 622,476 61,748 65,230
OPERATING BUDGET GRAND TOTAL 15,496,173 17,178,528 17,807,270
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX 3,000
Instructional Supplement Aid:
Instruction 20-214-100-XXX 24,879 24,879
TOTAL INSTRUCTIONAL SUPPLEMENT AID 24,879 24,879
Total State Projects 24,879 24,879
Federal Projects:
Title I 20-XXX-XXX-XXX 95,753 50,403 42,843
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 254,790 251,155 213,482
Other Special Projects 20-XXX-XXX-XXX 62,610 8,042 6,836
Total Federal Projects 413,153 309,600 263,161
TOTAL GRANTS AND ENTITLEMENTS 441,032 334,479 263,161
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 389,049 703,050 716,354
TOTAL REPAYMENT OF DEBT 389,049 703,050 716,354
Total Expenditures 16,326,254 18,216,057 18,786,785
DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
Local Contrib-Transfer to Grants & Entitlements 11-1XX-100-930
Capital Reserve - Transfer to Repayment of Debt 12-000-400-933
TOTAL EXPENDITURES NET OF TRANSFERS 16,326,254 18,216,057 18,786,785
OCEAN - OCEAN TWP
Advertised Recapitulation of Balance
Audited Audited Estimated Estimated
Balance Balance Balance Balance
Budget Category 6/30/2006 6/30/2007 6/30/2008 6/30/2009
Unreserved:
General Operating Budget 414,877 320,494 320,464 320,464
Repayment of Debt 1 137,603 125,174 0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve 342,935 172,014 172,014 173,744
Adult Education Programs 0 0 0 0
Maintenance Reserve 205,500 255,500 255,500 255,500
Legal Reserve 1,775,482 2,218,542 1,204,728 0
Tuition Reserve 0 0 0 0
Current Expense Emergency Reserve 0 0 0 0
Reserved for Repayment of Debt 0 0 0 0
OCEAN - OCEAN TWP
Advertised Per Pupil Cost Calculations
2008 - 2009
2005-06 2006-07 2007-08 2007-08 2008-2009
Actual Actual Original Revised Proposed
Budget Budget Budget
Per Pupil Cost Calculations: (1) (2) (3) (4) (5)
Total Comparative Per Pupil Cost 14373 13356 14727 15371 15323
Total Classroom Instruction 8545 7818 8660 9038 9009
Classroom-Salaries and Benefits 7877 7394 8015 8310 8261
Classroom-General Supplies and Textbooks 525 376 534 600 639
Classroom-Purchased Services and Other 143 49 111 128 109
Total Support Services 1991 2009 2193 2275 2222
Support Services-Salaries and Benefits 1700 1725 1925 1991 1976
Total Administrative Costs 1638 1587 1613 1678 1634
Administration-Salaries and Benefits 1384 1335 1431 1477 1423
Total Operations and Maintenance of Plant 1920 1648 1990 2093 1955
Operations & Maintenance of Plant-Salary & Ben. 626 604 657 684 641
Total Food Services Costs 214 220 225 232 223
Total Extracurricular Costs 53 55 24 31 58
Total Equipment Costs 155 178 90 104 112
Employee Benefits as a % of Salaries 28.3 27.8 31.8 32.0 28.6
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 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.
OCEAN - OCEAN TWP
Shared Services -- Description of Shared Services
_________________________________________________
1) Sending/Receiving relationship with Southern Regional for our 7-12
grade students.
2) Transportation Jointure with Southern Regional for all to & from runs.
3) Transportation Jointure with MOESC for some out of district runs.
4) Sending students to Buringling Co. Spec. Services School District on
tuition bases.
5) Send students to Performing Acts Academy.
6) Go out to bid with Educational Data Service to bid school supplies.
7) Jointure with South Jersey Food Co-Op for all food.
8) Jointure with Lacey Township School District to bid for milk, milk
products and bread.
9) Informal agreement with Ocean Township to do all trash removal.
10) Informal agreement with Ocean Township to do recycling.
11) Informal agreement with Ocean Township to do snow removal.
12) Formal agreement with Ocean Township to purchase gasoline.
13) Formal agreement with Barnegat Township School District to share
costs for a technology person.
14) Agreement with ACT Program to bid for local and long-distance phone
service.
15) Agreement with ACE Program to bid for natural gas.
16) Agreement with MOESC to bid for electricity.
OCEAN - OCEAN TWP
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 9,000,700 (A)
Estimated Net Taxable Valuation (as of 01/01/2008 ) 1,261,091,724 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.7137 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 9,258,794 (D)
Estimated Net Taxable Valuation (as of 01/01/2008 ) 1,261,091,724 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.7342 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 9,000,700 (G)
Estimated Equalized Valuation (as of 01/01/2008 ) 1,436,424,732 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.6266 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 9,258,794 (J)
Estimated Equalized Valuation (as of 01/01/2008 ) 1,436,424,732 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.6446 (L)