03/05/2008 OCEAN - LAKEHURST BORO
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2006 October 15, 2007 October 15, 2008
Actual Actual Estimated
Pupils on Roll Regular Full-Time 382 360 368
Pupils on Roll - Special Full-Time 88 86 96
Private School Placements 4 1 4
Pupils Sent to Other Districts-Reg Prog 130 127 130
Pupils Sent to Other Dists-Spec Ed Prog 45 39 42
Pupils Received 4 2 1
Pupils in State Facilities 1 2 2
OCEAN - LAKEHURST BORO
Advertised Revenues
Budget Category Account 2006-07 2007-08 2008-09
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 791,240 525,000
Revenues from Local Sources:
Local Tax Levy 10-1210 1,018,796 1,048,776 1,048,776
Tuition 10-1300 44,656 6,000 101,329
Unrestricted Miscellaneous Revenues 10-1XXX 50,566 13,500 18,000
SUBTOTAL 1,114,018 1,068,276 1,168,105
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 3,509,383 3,509,383
Supplemental Core Curriculum Standards Aid 10-3112 54,604 54,604
Transportation Aid 10-3120 143,997 143,997
Special Education Aid 10-3130 708,531 708,531
Stabilization Aid 10-3171 150,180 150,180
Extraordinary Aid 10-3131 5,532 6,914
Consolidated Aid 10-3195 61,443 61,443
Additional Formula Aid 10-3196 151,324 307,187
Other State Aids 10-3XXX 50,625 163,914
Categorical Special Education Aid 10-3132 298,213
Equalization Aid 10-3176 5,601,900
Categorical Security Aid 10-3177 122,972
Categorical Transportation Aid 10-3121 143,910
SUBTOTAL 4,835,619 5,099,239 6,173,909
Revenues from Federal Sources:
IMPACT Aid 10-4100 408,739 529,000 550,000
SUBTOTAL 408,739 529,000 550,000
Actual Revenues (Over)/Under Expenditures 469,675
TOTAL OPERATING BUDGET 6,828,051 7,487,755 8,417,014
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Early Childhood Program Aid 20-3211 252,904 252,904
Demonstrably Effective Program Aid 20-3212 172,256 163,083
Preschool Education Aid 20-3218 96,865
Other Restricted Entitlements 20-32XX 5,210
TOTAL REVENUES FROM STATE SOURCES 430,370 415,987 96,865
Revenues from Federal Sources:
Title I 20-4411-4416 136,406 145,319 123,521
I.D.E.A. Part B (Handicapped) 20-4420-4429 171,693 145,939 150,091
Other 20-4XXX 25,435
TOTAL REVENUES FROM FEDERAL SOURCES 333,534 291,258 273,612
TOTAL GRANTS AND ENTITLEMENTS 763,904 707,245 370,477
TOTAL REVENUES/SOURCES 7,591,955 8,195,000 8,787,491
OCEAN - LAKEHURST BORO
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 1,448,784 1,450,238 1,938,720
Special Education 11-2XX-100-XXX 576,163 595,448 786,640
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 10,106 14,100 14,100
Support Services:
Tuition 11-000-100-XXX 2,267,440 2,481,619 2,492,897
Attendance and Social Work Services 11-000-211-XXX 3,632 3,777 3,928
Health Services 11-000-213-XXX 58,218 59,730 61,201
Students - Related & Extraordinary 11-000-216,217 125,587 132,182 131,189
Child Study Teams 11-000-219-XXX 165,999 224,849 234,937
Improvement of Instructional Services 11-000-221-XXX 2,717
Educational Media Services - School Library 11-000-222-XXX 6,142 7,200 7,400
Instructional Staff Training Services 11-000-223-XXX 8,276 9,000 9,000
General Administration 11-000-230-XXX 252,235 255,604 270,074
School Administration 11-000-240-XXX 119,256 128,868 117,500
Central Svcs & Admin Info Technology 11-000-25X-XXX 194,567 204,967 224,212
Operation and Maintenance of Plant Services 11-000-26X-XXX 415,928 450,046 488,166
Student Transportation Services 11-000-270-XXX 215,937 207,600 232,500
Personal Services - Employee Benefits 11-XXX-XXX-2XX 896,642 1,014,327 1,142,350
Food Services 11-000-310-XXX 15,000 15,000 15,000
Total Support Services Expenditures 4,747,576 5,194,769 5,430,354
TOTAL GENERAL CURRENT EXPENSE 6,782,629 7,254,555 8,169,814
CAPITAL EXPENDITURES
Facilities Acquisition and Construction Services 12-000-4XX-XXX 23,996 208,000 208,000
TOTAL CAPITAL EXPENDITURES 23,996 208,000 208,000
SPECIAL SCHOOLS
Summer School:
Instruction 13-422-100-XXX 21,426 25,200 39,200
Total Summer School 21,426 25,200 39,200
TOTAL SPECIAL SCHOOLS 21,426 25,200 39,200
OPERATING BUDGET GRAND TOTAL 6,828,051 7,487,755 8,417,014
SPECIAL GRANTS AND ENTITLEMENTS
Instruction 20-211-100-XXX 206,610 206,610 65,704
Early Childhood Program Aid:
Support Services 20-211-200-XXX 46,294 46,294 31,161
TOTAL EARLY CHILDHOOD PROGRAM AID 252,904 252,904 96,865
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX 98,717 127,911
Support Services 20-212-200-XXX 73,539 35,172
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 172,256 163,083
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX 5,210
Total State Projects 430,370 415,987 96,865
Federal Projects:
Title I 20-XXX-XXX-XXX 136,406 145,319 123,521
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 171,693 145,939 150,091
Other Special Projects 20-XXX-XXX-XXX 25,435
Total Federal Projects 333,534 291,258 273,612
TOTAL GRANTS AND ENTITLEMENTS 763,904 707,245 370,477
Total Expenditures 7,591,955 8,195,000 8,787,491
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 7,591,955 8,195,000 8,787,491
OCEAN - LAKEHURST BORO
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 1,004,452 957,105 686,635 161,635
Repayment of Debt 0 0 0 0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve 0 0 0 0
Adult Education Programs 0 0 0 0
Maintenance Reserve 0 0 0 0
Legal Reserve 543,098 120,770 0 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 - LAKEHURST BORO
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 10516 10241 10084 11169 11942
Total Classroom Instruction 6541 6443 6285 6960 7762
Classroom-Salaries and Benefits 6189 6262 6058 6709 7454
Classroom-General Supplies and Textbooks 205 88 133 147 143
Classroom-Purchased Services and Other 146 92 94 104 165
Total Support Services 1349 1157 1136 1259 1208
Support Services-Salaries and Benefits 1203 992 959 1063 1036
Total Administrative Costs 1397 1528 1521 1685 1659
Administration-Salaries and Benefits 1211 1353 1355 1501 1452
Total Operations and Maintenance of Plant 1112 1023 1043 1156 1200
Operations & Maintenance of Plant-Salary & Ben. 521 548 548 607 633
Total Food Services Costs 51 33 30 34 32
Total Extracurricular Costs 33 22 29 32 30
Total Equipment Costs 0 0
Employee Benefits as a % of Salaries 30.1 28.6 31.9 31.9 30.6
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 - LAKEHURST BORO
Unusual Revenues and Appropriations
___________________________________
Line Number Revenue Source or 08-09 Amount Description of circumstances
Approp. Due to
Total Unusual Revenues:
0 Total Unusual Appropriations: 0
OCEAN - LAKEHURST BORO
Shared Services -- Description of Shared Services
_________________________________________________
Manchester Township Schools....Cafeteria Services,Transportation
Borough of Lakehurst...Snow Removal,Help in various landscaping and waste
removal.
MOESC..................Professional Services
ACES...................Electric
Educational Data.......Cooperative Pricing
OCEAN - LAKEHURST BORO
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 1,048,776 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 ) 186,708,124 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.5617 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 1,048,776 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 ) 186,708,124 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.5617 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 1,048,776 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 186,523,525 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.5623 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 1,048,776 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 186,523,525 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.5623 (L)