MONMOUTH Advertised Enrollments MONMOUTH BEACH BORO

Transcription

1 MONMOUTH Advertised Enrollments MONMOUTH BEACH BORO ENROLLMENT CATEGORIES ACTUAL ACTUAL ESTIMATE Pupils On Roll Regular Full-Time Pupils On Roll Special Ed Full-Time Pupils On Roll SUBTOTAL Pupils in Private School Placements Pupils Sent to Other Districts Special Ed Pupils Received User Friendly Budget Summary Page 1 of 14 Generated on April 20, 2017

2 MONMOUTH Advertised Revenues MONMOUTH BEACH BORO Budget Category Operating Budget: Revenues from Local Sources: Account Actual Revised Anticipated Local Tax Levy ,085,361 4,444,880 4,533,778 Unrestricted Miscellaneous Revenues 10-1XXX 16,937 5,000 30,000 Interest Earned On Maintenance Reserve 10-1XXX Interest Earned On Capital Reserve Funds 10-1XXX Subtotal - Revenues From Local Sources 4,102,298 4,450,030 4,563,928 Revenues from State Sources: Categorical Transportation Aid ,041 4,563 4,563 Extraordinary Aid , Categorical Special Education Aid , , ,599 Categorical Security Aid ,377 4,945 4,945 Adjustment Aid ,986 1,986 1,986 Parcc Readiness Aid ,650 2,650 Per Pupil Growth Aid ,650 2,650 Professional Learning Community Aid ,690 2,690 Other State Aids 10-3XXX 8, Subtotal - Revenues From State Sources 170, , ,083 Budgeted Fund Balance - Operating Budget , ,000 Withdrawal From Cap Res-For Local Share ,200,000 0 Withdrawal From Current Expense Emergency Rsv ,000 Adjustment For Prior Year Encumbrances 0 52,685 0 Actual Revenues (Over)/Under Expenditures 425, Total Operating Budget 4,698,575 6,142,304 4,880,011 Grants and Entitlements: Revenues from Federal Sources: User Friendly Budget Summary Page 2 of 14 Generated on April 20, 2017

3 MONMOUTH Advertised Revenues MONMOUTH BEACH BORO Budget Category Account Actual Revised Anticipated Title I , Title II ,472 31,844 31,844 I.D.E.A. Part B (Handicapped) ,795 71,795 71,795 Total Revenues From Federal Sources 103, , ,639 Total Grants And Entitlements 103, , ,639 Repayment of Debt: Revenues from Local Sources: Local Tax Levy , , ,000 Total Revenues From Local Sources 226, , ,000 Total Local Repayment Of Debt 226, , ,000 Total Repayment Of Debt 226, , ,000 Total Revenues/Sources 5,028,702 6,473,443 5,216,650 Total Revenues/Sources Net of Transfers 5,028,702 6,473,443 5,216, User Friendly Budget Summary Page 3 of 14 Generated on April 20, 2017

4 MONMOUTH Advertised Appropriations MONMOUTH BEACH BORO Budget Category Account Actual Revised Anticipated General Current Expense: Instruction: Regular Programs - Instruction 11-1XX-100-XXX 1,698,940 1,898,736 1,862,345 Special Education - Instruction 11-2XX-100-XXX 209, , ,563 Basic Skills/Remedial - Instruction XXX 99, , ,258 School-Spon. Co/Extra Curr. Actvts. - Inst XXX 982 7,000 7,000 School-Sponsored Athletics - Instruction XXX 60,514 41,000 42,000 Support Services: Undistributed Expenditures - Instruction (Tuition) XXX 118, , ,304 Undist. Expenditures - Health Services XXX 74,339 81,276 81,776 Undist. Expend.-Speech, OT, PT And Related Svcs XXX 45,686 49,276 49,276 Undist. Expenditures - Guidance XXX 227, Undist. Expenditures - Child Study Teams XXX 0 302, ,796 Undist. Expend.-Improv. Of Inst. Serv XXX 26,234 51,250 51,666 Undist. Expend.-Edu. Media Serv./Library XXX 35,433 28,119 29,925 Undist. Expend.-Instr. Staff Training Serv XXX 16,059 22,000 27,000 Undist. Expend.-Support Serv.-Gen. Admin XXX 146, , ,900 Undist. Expend.-Support Serv.-School Admin XXX 139, ,843 92,876 Undist. Expend. - Central Services XXX 72, , ,750 Undist. Expend. - Admin. Info Technology XXX 43,398 76,600 76,400 Undist. Expend.-Oper. And Maint. Of Plant Serv X-XXX 371, , ,833 Undist. Expend.-Student Transportation Serv XXX 64,245 75, ,000 Personal Services - Employee Benefits 11-XXX-XXX-2XX 637, , ,316 Total Undistributed Expenditures 2,019,859 2,430,561 2,554,818 Interest Earned On Maintenance Reserve Total General Current Expense 4,089,053 4,714,770 4,807,034 Capital Expenditures: Equipment 12-XXX-XXX ,926 89,939 60, User Friendly Budget Summary Page 4 of 14 Generated on April 20, 2017

5 MONMOUTH Advertised Appropriations MONMOUTH BEACH BORO Budget Category Account Actual Revised Anticipated Facilities Acquisition And Const. Serv XXX 542,496 1,337,495 12,877 Interest Deposit To Capital Reserve Total Capital Outlay 609,522 1,427,534 72,977 General Fund Grand Total 4,698,575 6,142,304 4,880,011 Special Grants and Entitlements: Federal Projects: Title I 20-XXX-XXX-XXX 24, Title II 20-XXX-XXX-XXX 7,472 31,844 31,844 I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 71,795 71,795 71,795 Total Federal Projects 20-XXX-XXX-XXX 103, , ,639 Total Special Revenue Funds 103, , ,639 Repayment of Debt: Total Regular Debt Service XXX 226, , ,000 Total Debt Service Funds 226, , ,000 Total Expenditures/Appropriations 5,028,702 6,473,443 5,216,650 Total Expenditures Net of Transfers 5,028,702 6,473,443 5,216, User Friendly Budget Summary Page 5 of 14 Generated on April 20, 2017

6 MONMOUTH Advertised Recapitulation of Balances MONMOUTH BEACH BORO Unrestricted: Budget Category Audited Balance Audited Balance Estimated Balance Estimated Balance General Operating Budget 251, , , ,863 --Repayment of Debt Restricted for Specific Purposes - General Operating Budget: --Capital Reserve 1,461,810 1,390, , ,933 --Adult Education Programs Maintenance Reserve 170, , , ,132 --Legal Reserve 557, , Tuition Reserve Current Expense Emergency Reserve 70,000 70,000 70,000 10,000 --Impact Aid Reserve for General Expenses (Sections 8002 and 8003) Impact Aid Reserve for Capital Expenses (Sections 8007 and 8008) Repayment of Debt: --Restricted for Repayment of Debt User Friendly Budget Summary Page 6 of 14 Generated on April 20, 2017

7 MONMOUTH Advertised Per Pupil Cost Calculations MONMOUTH BEACH BORO Per Pupil Cost Calculations Actual Costs Actual Costs Original Budget Revised Budget Proposed Budget Total Budgetary Comparative Per Pupil Cost $14,629 $15,491 $15,817 $18,801 $17,987 Total Classroom Instruction $9,012 $9,726 $9,736 $11,524 $11,134 Classroom-Salaries and Benefits $8,425 $8,998 $8,889 $10,470 $10,257 Classroom-General Supplies and Textbooks $386 $500 $534 $686 $518 Classroom-Purchased Services $201 $228 $313 $368 $358 Total Support Services $1,549 $1,995 $2,158 $2,651 $2,709 Support Services-Salaries and Benefits $1,264 $1,577 $1,672 $2,032 $2,083 Total Administrative Costs $2,180 $1,896 $1,988 $2,347 $2,031 Administration Salaries and Benefits $1,632 $1,547 $1,409 $1,659 $1,391 Total Operations and Maintenance of Plant $1,660 $1,573 $1,677 $1,976 $1,813 Operations and Maintenance-Salaries and Benefits $617 $497 $677 $798 $748 Board Contribution to Food Services $0 $0 $0 $0 $0 Total Extracurricular Costs $181 $300 $205 $241 $241 Total Equipment Costs $366 $265 $285 $373 $242 Legal Costs $72 $55 $35 $41 $40 Employee Benefits as a percentage of salaries* 27.17% 24.38% 27.43% 27.30% 28.10% *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 the Comparative Spending Guide) and can be found on the Department of Education's Internet website: 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 April 20, 2017

8 MONMOUTH Shared Services MONMOUTH BEACH BORO Shared Service Category Type Shared Service Category Description Amount Saved (Optional) Custodial and Maintenance Services Monmouth Beach contracts with Shore Regional for one custodian 0 Transportation Services, including Fuel Monmouth Beach contracts with Shore Regional for some transportation services 0 Purchasing Monmouth Beach aligns with Shore Regional for some items in order to procure lower costs 0 Municipal/Public Works The Borough of Monmouth Beach does not charge for trans pick up 0 Curriculum Services Monmouth Beach shares a Director of Curriculum with other districts through Shore Regional 0 Professional Staff Development Monmouth Beach participates in joint professional development with other districts through Shore Regional User Friendly Budget Summary Page 8 of 14 Generated on April 20, 2017

9 MONMOUTH Estimated Tax Rate Information MONMOUTH BEACH BORO A. Estimated School Tax Rate WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS (A) General Fund School Levy 4,533,778 (B) Estimated Net Taxable Valuation (as of 10/01/16) 1,296,197,278 (C) Estimated General Fund School Tax Rate=(A)/(B)x WITH REPAYMENT OF DEBT AND ADJUSTMENTS (D) Total School Levy 4,766,778 (E) Estimated Net Taxable Valuation (as of 10/01/16) 1,296,197,278 (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 4,533,778 (H) Estimated Equalized Valuation (as of 10/01/16) 1,387,025,613 (I) Estimated Equalized General Fund School Tax Rate=(G)/(H)x WITH REPAYMENT OF DEBT AND ADJUSTMENTS (J) Total School Levy 4,766,778 (K) Estimated Equalized Valuation (as of 10/01/16) 1,387,025,613 (L) Estimated Equalized Total School Tax Rate=(J)/(K)x User Friendly Budget Summary Page 9 of 14 Generated on April 20, 2017

10 MONMOUTH Employee Contract List for District MONMOUTH BEACH BORO NAME=Joshua DeSantis CATEGORY MEASURE Job Title Vice Principal Job Title II Dir Special Services Base Annual Salary Amount $90,000 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 07/01/16 End Date of Contract 06/30/19 Contracted Number of Annual Work Days 260 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 105 Description of Other Contracted Non-Working Days Total Allowances Amount $4,600 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 $22,043 Contractual Post-Employment Benefit Description of Payout of Sick days $75 per day maximum of $15,000 Contractual Post-Employment Benefit Description of Payout of Vacation days Per diem at 2/260 Contractual Post-Employment Benefit Description of Payout of Personal days n/a 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 10 of 14 Generated on April 20, 2017

11 MONMOUTH Employee Contract List for District MONMOUTH BEACH BORO NAME=Joshua DeSantis CATEGORY MEASURE 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 11 of 14 Generated on April 20, 2017

12 MONMOUTH Employee Contract List for District MONMOUTH BEACH BORO NAME=Linda Considine CATEGORY MEASURE Job Title Business Administrator Job Title II Base Annual Salary Amount $53,000 Full-Time Equivalent (FTE) 0.7 Shared with Another District? N Shared County Shared District Job Title Other District Member of Collective Bargaining Unit (CBU)? N Beginning Date of Contract 07/01/16 End Date of Contract 06/30/17 Contracted Number of Annual Work Days 140 Contracted Number of Annual Vacation Days 0 Contracted Number of Annual Sick Days 0 Contracted Number of Annual Personal Days 0 Contracted Number of Annual Consulting Days 0 Number of Other Contracted Non-Working Days 0 Description of Other Contracted Non-Working Days User Friendly Budget Summary Page 12 of 14 Generated on April 20, 2017

13 MONMOUTH Employee Contract List for District MONMOUTH BEACH BORO NAME=Michael Ettore CATEGORY MEASURE Job Title Superintendent Job Title II Principal Base Annual Salary Amount $135,000 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 07/01/16 End Date of Contract 06/30/17 Contracted Number of Annual Work Days 260 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 105 Description of Other Contracted Non-Working Days Total Allowances Amount $2,200 Total Bonuses Amount $20,249 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 $13,585 Contractual Post-Employment Benefit Description of Payout of Sick days $80 per day Contractual Post-Employment Benefit Description of Payout of Vacation days per diem using 1/260 Contractual Post-Employment Benefit Description of Payout of Personal days n/a 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 13 of 14 Generated on April 20, 2017

14 MONMOUTH Employee Contract List for District MONMOUTH BEACH BORO NAME=Michael Ettore CATEGORY MEASURE 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 April 20, 2017