OCEAN Advertised Enrollments SEASIDE HEIGHTS BORO

Transcription

1 OCEAN Advertised Enrollments SEASIDE HEIGHTS BORO ENROLLMENT CATEGORIES October 14, 2011 October 15, 2012 October 15, 2013 Estimated Pupils On Roll Regular Full-Time Pupils On Roll - Special Full-Time Subtotal - Pupils On Roll Private School Placements Pupils Sent to Other Districts-Reg Prog 1 0 Pupils Sent to Other Dists-Spec Ed Prog Pupils Received User Friendly Budget Summary Page 1 of 14 Generated on November 25, 2013

2 OCEAN Advertised Revenues SEASIDE HEIGHTS BORO Budget Category Operating Budget: Revenues from Local Sources: Account Revised Anticipated Local Tax Levy ,560,517 2,696,611 1,919,061 Total Tuition ,941 5,520 5,000 Unrestricted Miscellaneous Revenues 10-1XXX 4,022 2,000 2,000 Interest Earned On Current Expense Emergency Res 10-1XXX Interest Earned On Maintenance Reserve 10-1XXX Interest Earned On Capital Reserve Funds 10-1XXX Subtotal - Revenues From Local Sources 2,581,505 2,704,331 1,926,211 Revenues from State Sources: School Choice Aid ,902 Categorical Transportation Aid ,282 11,399 11,471 Categorical Special Education Aid , , ,922 Equalization Aid , , ,129 Categorical Security Aid ,701 77,550 78,161 Adjustment Aid , , ,159 Subtotal - Revenues From State Sources 829, ,024 1,007,744 Revenues from Federal Sources: Education Jobs Fund , Subtotal - Revenues From Federal Sources 32, Budgeted Fund Balance - Operating Budget ,048 97,360 Withdrawal From Cap Res-For Local Share ,000 Withdrawal From Maint. Reserve ,000 0 Withdrawal From Current Expense Emergency Rsv ,000 0 Other Financing Sources 10-5xxx ,550 Adjustment For Prior Year Encumbrances 0 1,679 0 Revenues (Over)/Under Expenditures -43, User Friendly Budget Summary Page 2 of 14 Generated on November 25, 2013

3 OCEAN Advertised Revenues SEASIDE HEIGHTS BORO Budget Category Account Revised Anticipated Total Operating Budget 3,399,288 4,077,082 3,998,865 Grants and Entitlements: Other Revenue From Local Sources 20-1xxx 6, Total Revenues From Local Sources 20-1XXX 6, Revenues from State Sources: Preschool Education Aid , , ,291 Total Revenues From State Sources 81, , ,291 Revenues from Federal Sources: Title I , , ,451 Title II ,224 32,921 24,691 I.D.E.A. Part B (Handicapped) ,396 95,703 71,777 Total Revenues From Federal Sources 358, , ,919 Total Grants And Entitlements 447, , ,210 Repayment of Debt: Revenues from Local Sources: Local Tax Levy , , ,326 Total Revenues From Local Sources 110, , ,326 Revenues from State Sources: Debt Service Aid Type II ,689 26,397 26,102 Total Local Repayment Of Debt 137, , ,428 Total Repayment Of Debt 137, , ,428 Total Revenues/Sources 3,984,150 4,684,019 4,522,503 Total Revenues/Sources Net of Transfers 3,984,150 4,684,019 4,522, User Friendly Budget Summary Page 3 of 14 Generated on November 25, 2013

4 OCEAN Advertised Appropriations SEASIDE HEIGHTS BORO Budget Category Account Revised Anticipated General Current Expense: Instruction: Regular Programs - Instruction 11-1XX-100-XXX 751, , ,911 Special Education - Instruction 11-2XX-100-XXX 347, , ,008 Bilingual Education - Instruction XXX 49,926 52,000 53,030 School-Spon. Co/Extra Curr. Actvts. - Inst XXX 1,005 1,200 50,000 Before/After School Programs XXX-XXX 0 22,800 12,000 Summer School XXX-XXX 0 16,000 16,000 Support Services: Undistributed Expenditures - Instruction (Tuition) XXX 200, , ,000 Undist. Expend.-Attendance And Social Work XXX 30,472 31,562 51,000 Undist. Expenditures - Health Services XXX 67,751 71,250 78,105 Undist. Expend.-Speech, OT, PT And Related Svcs XXX 104,101 97,680 98,204 Undist Expend-Oth Supp Serv Std-Extra Serv XXX 80,800 81, ,115 Undist. Expenditures - Guidance XXX 57,600 60,500 70,000 Undist. Expenditures - Child Study Teams XXX 204, , ,629 Undist. Expend.-Improv. Of Inst. Serv XXX 30,000 30,000 15,000 Undist. Expend.-Edu. Media Serv./Library XXX 49,784 56,250 36,957 Undist. Expend.-Instr. Staff Training Serv XXX 665 2,500 0 Undist. Expend.-Support Serv.-Gen. Admin XXX 142,200 96,600 83,600 Undist. Expend.-Support Serv.-School Admin XXX 37,896 80,644 92,640 Undist. Expend. - Central Services XXX 41,772 45,712 37,000 Undist. Expend. - Admin. Info Technology XXX 25,266 30,000 36,000 Undist. Expend.-Oper. And Maint. Of Plant Serv X-XXX 229, , ,783 Undist. Expend.-Student Transportation Serv XXX 56,798 60,000 80,000 Personal Services - Employee Benefits 11-XXX-XXX-2XX 868, ,002 1,057,000 Undistributed Expenditures-Food Services ,000 Total Undistributed Expenditures 2,248,377 2,798,762 2,510,033 Interest Earned On Maintenance Reserve User Friendly Budget Summary Page 4 of 14 Generated on November 25, 2013

5 OCEAN Advertised Appropriations SEASIDE HEIGHTS BORO Budget Category Account Revised Anticipated Interest Earned On Current Expense Emergency Res Total General Current Expense 3,398,426 4,075,799 3,752,032 Capital Expenditures: Equipment 12-XXX-XXX ,909 Facilities Acquisition And Const. Serv XXX 862 1, ,824 Interest Deposit To Capital Reserve Total Capital Outlay 862 1, ,833 General Fund Grand Total 3,399,288 4,077,082 3,998,865 Special Grants and Entitlements: Local Projects 20-XXX-XXX-XXX 6,934 Preschool Education Aid: PEA Instruction XXX 81,879 90, ,291 Support Services XXX 0 40,748 30,000 Total Preschool Education Aid XXX-XXX 81, , ,291 Total State Projects 20-XXX-XXX-XXX 81, , ,291 Federal Projects: Title I 20-XXX-XXX-XXX 225, , ,451 Title II 20-XXX-XXX-XXX 37,224 32,921 24,691 I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 95,396 95,703 71,777 Total Federal Projects 20-XXX-XXX-XXX 358, , ,919 Total Special Revenue Funds 447, , ,210 Repayment of Debt: Total Regular Debt Service XXX 137, , ,428 Total Debt Service Funds 137, , ,428 Total Expenditures/Appropriations 3,984,150 4,684,019 4,522,503 Total Expenditures Net of Transfers 3,984,150 4,684,019 4,522, User Friendly Budget Summary Page 5 of 14 Generated on November 25, 2013

6 OCEAN Advertised Recapitulation of Balances SEASIDE HEIGHTS BORO Unrestricted: Budget Category Audited Balance Audited Balance Estimated Balance Estimated Balance General Operating Budget 325, , , ,000 --Repayment of Debt Restricted for Specific Purposes- General Operating Budget: --Capital Reserve 556, , , ,044 --Adult Education Programs Maintenance Reserve 193, ,396 43,496 43,521 --Legal Reserve 220, ,111 31, Tuition Reserve Current Expense Emergency Reserve 150, ,177 50,177 50,202 Repayment of Debt: --Restricted for Repayment of Debt User Friendly Budget Summary Page 6 of 14 Generated on November 25, 2013

7 OCEAN Advertised Per Pupil Cost Calculations SEASIDE HEIGHTS BORO Per Pupil Cost Calculations Costs Costs Original Budget Revised Budget Proposed Budget Total Budgetary Comparative Per Pupil Cost $14,177 $14,498 $15,425 $16,592 $16,029 Total Classroom Instruction $7,992 $8,115 $8,723 $8,655 $9,031 Classroom-Salaries and Benefits $7,806 $7,947 $8,478 $8,405 $8,741 Classroom-General Supplies and Textbooks $139 $162 $208 $213 $216 Classroom-Purchased Services $47 $6 $37 $37 $74 Total Support Services $3,399 $3,582 $3,837 $3,804 $3,781 Support Services-Salaries and Benefits $2,332 $2,370 $2,403 $2,382 $2,958 Total Administrative Costs $1,370 $1,397 $1,395 $1,383 $1,347 Administration Salaries and Benefits $851 $881 $867 $860 $711 Legal Costs $128 $65 $96 $95 $68 Total Operations and Maintenance of Plant $1,387 $1,280 $1,419 $2,700 $1,554 Operations and Maintenance-Salaries and Benefits $780 $762 $708 $702 $872 Board Contribution to Food Services $0 $95 $0 $0 $0 Total Extracurricular Costs $0 $7 $8 $8 $227 Total Equipment Costs $0 $0 $0 $0 $250 Employee Benefits as a percentage of salaries* 42.69% 48.04% 51.70% 51.70% 57.56% Restricted Federal and State Revenue other than Preschool Education Aid Included Above** $0 $0 $0 $0 $0 *Does not include pension and social security paid by the State on-behalf of the district. **Federal and State funds in the blended resource school-based budgets. The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the Taxpayers Guide to Education Spending (formerly Comparative Spending Guide) and can be found on the Department of Education's Internet website: (under Finance). This publication is also available in the board office and public libraries. The same calculations were performed using the revised appropriations and the budgeted appropriations presented in this advertised budget. Total Budgetary 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 User Friendly Budget Summary Page 7 of 14 Generated on November 25, 2013

8 OCEAN Unusual Revenues and Appropriations SEASIDE HEIGHTS BORO Item Line Number Source Amount Explanation Seaside Park BOE PreK Disabled Tuition Various Vendors ERate and misc usage fees User Friendly Budget Summary Page 8 of 14 Generated on November 25, 2013

9 OCEAN Shared Services SEASIDE HEIGHTS BORO Shared Service Category Type Shared Service Category Description Amount Spent (Optional) Business Administrator and Assistant BA Central Regional BOE 0.00 Insurance Coverages and Benefits Monmouth/Ocean Shared Servies Insurance Fund 0.00 Special Education Services Central Regional BOE 0.00 Food Services Central Regional BOE 0.00 Banking BCBANC Consortium 0.00 Superintendent and Assistant Sup. Central Regional BOE 0.00 Transportation Services, including Fuel Jointures with Central Regional BOE 0.00 Purchasing - Telephone ACT Consortium 0.00 Purchasing - Supplies Middlesex Regional Co-op 0.00 Public Works (fire/snow/trash/water) Seaside Heights Borough User Friendly Budget Summary Page 9 of 14 Generated on November 25, 2013

10 OCEAN Estimated Tax Rate Information SEASIDE HEIGHTS BORO A. Estimated School Tax Rate WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS (A) General Fund School Levy 1,919,061 (B) Estimated Net Taxable Valuation (as of 10/01/12) 843,276,901 (C) Estimated General Fund School Tax Rate=(A)/(B)x WITH REPAYMENT OF DEBT AND ADJUSTMENTS (D) Total School Levy 2,027,387 (E) Estimated Net Taxable Valuation (as of 10/01/12) 843,276,901 (F) Estimated Total School Tax Rate=(D)/(E)x B. Estimated Equalized School Tax Rate WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS (G) General Fund School Levy 1,919,061 (H) Estimated Equalized Valuation (as of 12/31/12) 719,320,625 (I) Estimated Equalized General Fund School Tax Rate=(G)/(H)x WITH REPAYMENT OF DEBT AND ADJUSTMENTS (J) Total School Levy 2,027,387 (K) Estimated Equalized Valuation (as of 12/31/12) 719,320,625 (L) Estimated Equalized Total School Tax Rate=(J)/(K)x User Friendly Budget Summary Page 10 of 14 Generated on November 25, 2013

11 OCEAN Employee Contract List for District SEASIDE HEIGHTS BORO NAME=Christopher Raichle CATEGORY MEASURE Job Title Principal Job Title II Base Annual Salary Amount $82,000 Full-Time Equivalent (FTE) 1.0 Shared with Another District? N Shared County Shared District Job Title Other District Member of Collective Bargaining Unit (CBU)? N Beginning Date of Contract 07/01/12 End Date of Contract 06/30/15 Contracted Number of Annual Work Days 240 Contracted Number of Annual Vacation Days 20 Contracted Number of Annual Sick Days 12 Contracted Number of Annual Personal Days 3 Contracted Number of Annual Consulting Days 0 Number of Other Contracted Non-Working Days 0 Description of Other Contracted Non-Working Days Total Allowances Amount 3750 Total Bonuses Amount 0 Total Stipends Amount 2000 District Contributions Above Teacher Contract for Insurance (Health, Dental, Life, Other) 0 District Contributions Above Teacher Contract for Retirement Plans 0 Total Contractual Post-Employment Benefit Amount Contractual Post-Employment Benefit Description of Payout of Sick days Per Contract Contractual Post-Employment Benefit Description of Payout of Vacation days Per contract Contractual Post-Employment Benefit Description of Payout of Personal days Per Contract Contractual Post-Employment Benefit Description of Other Benefits 1 Contractual Post-Employment Benefit Description of Other Benefits 2 Contractual Post-Employment Benefit Description of Other Benefits User Friendly Budget Summary Page 11 of 14 Generated on November 25, 2013

12 OCEAN Employee Contract List for District SEASIDE HEIGHTS BORO NAME=Christopher Raichle CATEGORY MEASURE Total Other/In-Kind Remuneration Amount 3417 Description of Other/In-Kind Remuneration Annual Option to Buyback Sick Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Vacation Time in Cash Max 10 days Description of Other/In-Kind Remuneration Annual Option to Buyback Personal Time in Cash Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 1 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 2 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 3 Additional Comment 1 Additional Comment 2 Additional Comment User Friendly Budget Summary Page 12 of 14 Generated on November 25, 2013

13 OCEAN Employee Contract List for District SEASIDE HEIGHTS BORO NAME=Shared Services Agreement CATEGORY MEASURE Job Title Superintendent Job Title Business Administrator Job Title II Job Title II Base Annual Salary Amount $0 Base Annual Salary Amount $0 Full-Time Equivalent (FTE) 1.0 Full-Time Equivalent (FTE) 1.0 Shared with Another District? Y Shared with Another District? Y Shared County 29 Shared County 29 Shared District 0770 Shared District 0770 Job Title Other District Superintendent Job Title Other District Business Administrator Member of Collective Bargaining Unit (CBU)? N Member of Collective Bargaining Unit (CBU)? N Beginning Date of Contract 07/01/11 Beginning Date of Contract 07/01/12 End Date of Contract 06/30/16 End Date of Contract 06/30/13 Contracted Number of Annual Work Days 260 Contracted Number of Annual Work Days 260 Contracted Number of Annual Vacation Days 20 Contracted Number of Annual Vacation Days 20 Contracted Number of Annual Sick Days 12 Contracted Number of Annual Sick Days 12 Contracted Number of Annual Personal Days 3 Contracted Number of Annual Personal Days User Friendly Budget Summary Page 13 of 14 Generated on November 25, 2013

14 OCEAN Employee Contract List for District SEASIDE HEIGHTS BORO NAME=Shared Services Agreement CATEGORY MEASURE Contracted Number of Annual Consulting Days 0 Contracted Number of Annual Consulting Days 0 Number of Other Contracted Non-Working Days 0 Number of Other Contracted Non-Working Days 0 Description of Other Contracted Non-Working Days $10000 per year Description of Other Contracted Non-Working Days $25000 per year Total Allowances Amount 0 Total Bonuses Amount 0 Total Stipends Amount 0 District Contributions Above Teacher Contract for Insurance (Health, Dental, Life, Other) 0 District Contributions Above Teacher Contract for Retirement Plans 0 Total Contractual Post-Employment Benefit Amount 0 Contractual Post-Employment Benefit Description of Payout of Sick days Contractual Post-Employment Benefit Description of Payout of Vacation days Contractual Post-Employment Benefit Description of Payout of Personal days Contractual Post-Employment Benefit Description of Other Benefits 1 Contractual Post-Employment Benefit Description of Other Benefits 2 Contractual Post-Employment Benefit Description of Other Benefits 3 Total Other/In-Kind Remuneration Amount 0 Description of Other/In-Kind Remuneration Annual Option to Buyback Sick Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Vacation Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Personal Time in Cash Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 1 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 2 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 3 Additional Comment 1 Additional Comment 2 Additional Comment User Friendly Budget Summary Page 14 of 14 Generated on November 25, 2013