User Friendly budget 03/26/2009 ATLANTIC - ABSECON CITY Advertised Enrollments ENROLLMENT CATEGORY October 15, 2007 October 15, 2008 October 15, 2009 Actual Actual Estimated Pupils on Roll Regular Full-Time 728 727 729 Pupils on Roll - Special Full-Time 102 114 113 Private School Placements 1 1 Pupils Sent to Other Districts-Reg Prog 38 44 44 Pupils Sent to Other Dists-Spec Ed Prog 28 31 31 Pupils Received 3 2 2 Pupils in State Facilities 2 2 ATLANTIC - ABSECON CITY Advertised Revenues Budget Category Account 2007-08 2008-09 2009-10 Actual Revised Anticipated OPERATING BUDGET Budgeted Fund Balance - Operating Budget 10-303 50,000 206,830 Withdrawal from Cap Res-for Local Share 10-307 394,510 Withdraw from Cap Res-Excess Cost & Oth Cap Prj 10-309 93,467 Withdrawal from Tuition Reserve-Excess over adj. 10-311 40,500 Revenues from Local Sources: Local Tax Levy 10-1210 8,614,387 8,880,962 9,565,974 Tuition 10-1300 50,520 46,839 55,871 Transportation Fees from Other LEAs 10-1420-1440 9,595 Interest Earned on Current Expense Emergency Res 10-1XXX 50 Interest Earned on Capital Reserve Funds 10-1XXX 16,617 5,000 Unrestricted Miscellaneous Revenues 10-1XXX 48,382 41,100 7,100 SUBTOTAL 8,739,501 8,973,901 9,628,995 Revenues from State Sources: Core Curriculum Standards Aid 10-3111 344,397 Transportation Aid 10-3120 139,638 Special Education Aid 10-3130 656,131 Bilingual Education 10-3140 54,842 Extraordinary Aid 10-3131 3,525 8,869 Consolidated Aid 10-3195 114,205 Other State Aids 10-3XXX 102,599 Categorical Special Education Aid 10-3132 434,274 464,825 Equalization Aid 10-3176 402,901 864,019 Categorical Security Aid 10-3177 93,069 118,539 Adjustment Aid 10-3178 496,411 Categorical Transportation Aid 10-3121 136,413 193,838 SUBTOTAL 1,415,337 1,571,937 1,641,221 Adjustment for Prior Year Encumbrances 17,269 Actual Revenues (Over)/Under Expenditures -166,791 TOTAL OPERATING BUDGET 9,988,047 10,706,574 11,912,056 GRANTS AND ENTITLEMENTS Revenues from State Sources: Instructional Supplement Aid 20-3214 35,811 Other Restricted Entitlements 20-32XX 457,582 378,866 378,866 TOTAL REVENUES FROM STATE SOURCES 493,393 378,866 378,866 Revenues from Federal Sources: Title I 20-4411-4416 108,922 101,281 86,089 I.D.E.A. Part B (Handicapped) 20-4420-4429 278,439 325,963 277,069 Other 20-4XXX 49,258 58,736 49,925 TOTAL REVENUES FROM FEDERAL SOURCES 436,619 485,980 413,083 TOTAL GRANTS AND ENTITLEMENTS 930,012 864,846 791,949 REPAYMENT OF DEBT Budgeted Fund Balance 40-303 547 70 Revenues from Local Sources: Local Tax Levy 40-1210 1,134,142 1,134,740 601,011 Miscellaneous 40-1XXX 1,670 1,600 300 TOTAL REVENUES FROM LOCAL SOURCES 1,135,812 1,136,340 601,311 Revenues from State Sources: Debt Service Aid Type II 40-3160 91,511 45,638 TOTAL LOCAL REPAYMENT OF DEBT 1,227,323 1,182,525 601,381 Actual Revenues (Over)/Under Expenditures 519 TOTAL REPAYMENT OF DEBT 1,227,842 1,182,525 601,381 TOTAL REVENUES/SOURCES 12,145,901 12,753,945 13,305,386 ATLANTIC - ABSECON CITY Advertised Appropriations Budget Category Account 2007-08 2008-09 2009-10 Expenditures Rev. Approp. Appropriations GENERAL CURRENT EXPENSE Instruction: Regular Programs 11-1XX-100-XXX 3,286,671 3,528,714 3,592,114 Special Education 11-2XX-100-XXX 871,390 976,946 1,011,004 Basic Skills/Remedial 11-230-100-XXX 35,844 118,454 104,234 Bilingual Education 11-240-100-XXX 123,057 127,668 130,296 School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 26,250 26,250 26,250 School Sponsored Athletics 11-402-100-XXX 7,000 7,000 7,000 Before/After School Programs 11-421-XXX-XXX 29,700 Community Services Programs/Operations 11-800-330-XXX 300 300 Support Services: Tuition 11-000-100-XXX 718,739 634,212 849,392 Attendance and Social Work Services 11-000-211-XXX 15,102 20,250 Health Services 11-000-213-XXX 70,863 69,863 71,295 Speech, OT, PT, Related & Extraordinary Services 11-000-216,217 260,315 250,474 190,719 Guidance 11-000-218-XXX 159,863 168,977 172,263 Child Study Teams 11-000-219-XXX 248,298 261,617 268,886 Improvement of Instructional Services 11-000-221-XXX 99,778 95,043 96,973 Educational Media Services - School Library 11-000-222-XXX 71,022 85,275 170,359 Instructional Staff Training Services 11-000-223-XXX 6,803 3,540 4,216 General Administration 11-000-230-XXX 277,529 313,440 306,582 School Administration 11-000-240-XXX 326,138 343,717 340,842 Central Svcs & Admin Info Technology 11-000-25X-XXX 186,513 199,391 193,156 Operation and Maintenance of Plant Services 11-000-26X-XXX 716,430 772,693 790,889 Student Transportation Services 11-000-270-XXX 387,032 421,671 448,006 Interest Earned on Current Expense Emergency Res 10-607 50 Personal Services - Employee Benefits 11-XXX-XXX-2XX 1,606,704 1,808,698 2,010,182 Total Support Services Expenditures 5,136,027 5,443,713 5,934,010 TOTAL GENERAL CURRENT EXPENSE 9,486,239 10,229,045 10,834,958 CAPITAL EXPENDITURES Interest Earned on Capital Reserve 10-604 5,000 Equipment 12-XXX-XXX-73X 41,765 9,724 Facilities Acquisition and Construction Services 12-000-4XX-XXX 185,686 130,565 314,245 Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931 394,510 TOTAL CAPITAL EXPENDITURES 227,451 145,289 708,755 SPECIAL SCHOOLS Summer School: Instruction 13-422-100-XXX 22,920 30,240 23,970 Total Summer School 22,920 30,240 23,970 TOTAL SPECIAL SCHOOLS 22,920 30,240 23,970 Transfer of Funds to Charter Schools 10-000-100-56X 251,437 302,000 344,373 OPERATING BUDGET GRAND TOTAL 9,988,047 10,706,574 11,912,056 SPECIAL GRANTS AND ENTITLEMENTS Instruction 20-214-100-XXX 35,811 TOTAL INSTRUCTIONAL SUPPLEMENT AID 35,811 Other State Projects: Nonpublic Textbooks 20-XXX-XXX-XXX 49,402 49,686 49,686 Nonpublic Auxiliary Services 20-XXX-XXX-XXX 129,148 124,615 124,615 Nonpublic Handicapped Services 20-XXX-XXX-XXX 100,418 105,179 105,179 Nonpublic Nursing Services 20-XXX-XXX-XXX 68,531 65,466 65,466 Nonpublic Technology Initiative 20-XXX-XXX-XXX 35,457 33,920 33,920 Other Special Projects 20-XXX-XXX-XXX 74,626 Total State Projects 493,393 378,866 378,866 Federal Projects: Title I 20-XXX-XXX-XXX 108,922 101,281 86,089 I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 278,439 325,963 277,069 Other Special Projects 20-XXX-XXX-XXX 49,258 58,736 49,925 Total Federal Projects 436,619 485,980 413,083 TOTAL GRANTS AND ENTITLEMENTS 930,012 864,846 791,949 REPAYMENT OF DEBT Repayment of Debt - Regular 40-701-510-XXX 1,227,842 1,182,525 601,381 TOTAL REPAYMENT OF DEBT 1,227,842 1,182,525 601,381 Total Expenditures 12,145,901 12,753,945 13,305,386 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 12,145,901 12,753,945 13,305,386 ATLANTIC - ABSECON CITY Advertised Recapitulation of Balance Audited Audited Estimated Estimated Balance Balance Balance Balance Budget Category 6/30/2007 6/30/2008 6/30/2009 6/30/2010 Unreserved: General Operating Budget 322,279 308,104 338,104 246,954 Repayment of Debt 1,136 617 70 0 Reserved for Specific Purposes: General Operating Budget: Capital Reserve 515,101 558,783 394,510 0 Adult Education Programs 0 0 0 0 Maintenance Reserve 0 0 0 0 Legal Reserve 22,986 115,680 115,680 0 Tuition Reserve 75,700 80,566 80,566 40,066 Current Expense Emergency Reserve 0 50,000 50,000 50,050 Reserved for Repayment of Debt 0 0 0 0 ATLANTIC - ABSECON CITY Advertised Per Pupil Cost Calculations 2009 - 2010 2006-07 2007-08 2008-09 2008-09 2009-2010 Actual Actual Original Revised Proposed Budget Budget Budget Per Pupil Cost Calculations: (1) (2) (3) (4) (5) Total Comparative Per Pupil Cost 10194 10342 11045 11012 11436 Total Classroom Instruction 6590 6666 7297 7237 7531 Classroom-Salaries and Benefits 6274 6425 6988 6946 7244 Classroom-General Supplies and Textbooks 247 171 217 196 216 Classroom-Purchased Services and Other 70 71 92 96 71 Total Support Services 1377 1384 1422 1418 1510 Support Services-Salaries and Benefits 1246 1256 1273 1258 1354 Total Administrative Costs 1135 1170 1225 1249 1249 Administration-Salaries and Benefits 945 972 982 1001 1029 Total Operations and Maintenance of Plant 994 986 1040 1046 1083 Operations & Maintenance of Plant-Salary & Ben. 501 515 537 537 575 Total Food Services Costs 0 0 Total Extracurricular Costs 48 51 51 51 52 Total Equipment Costs 39 51 0 12 0 Employee Benefits as a % of Salaries 25.6 25.8 28.2 28.3 30.5 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2009 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 2008-09 revised appropriations and 2009-10 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. ATLANTIC - ABSECON CITY Unusual Revenues and Appropriations ___________________________________ Line Number Revenue Source or 09-10 Amount Description of circumstances Approp. Due to Total Unusual Revenues: 0 Total Unusual Appropriations: 0 ATLANTIC - ABSECON CITY Shared Services -- Description of Shared Services _________________________________________________ Transportation - Participant of Greater Egg Harbor Regional Transporation Consortium Transportation - Participant in jointures for transporting special education and non-public studnets with ACSSSD Trash Removal - Shared services with Absecon City General Supplies - Participant in Educational Data Consortium Electric Services - Participate in ACES Gas Services - Participate in ACES Phone Services - Participate in ACT Technology Serv - Participate with South Jersey Technology Partnership ATLANTIC - ABSECON CITY 22a. Estimated Tax Rate Information ______________________________ A. Estimated 09-10 School Tax Rate __________________________________ WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS General Fund School Levy 9,565,974 (A) Estimated Net Taxable Valuation (as of 01/01/2009 ) 1,033,864,972 (B) Estimated 09-10 General Fund School Tax Rate=(A)/(B)X100 0.9253 (C) WITH REPAYMENT OF DEBT AND ADJUSTMENTS Total School Levy 10,166,985 (D) Estimated Net Taxable Valuation (as of 01/01/2009 ) 1,033,864,972 (E) Estimated 09-10 Total School Tax Rate=(D)/(E)X100 0.9834 (F) B. Estimated 09-10 Equalized School Tax Rate ____________________________________________ WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS General Fund School Levy 9,565,974 (G) Estimated Equalized Valuation (as of 10/01/2008 ) 990,007,273 (H) Estimated 09-10 Equalized General Fund School Tax Rate=(G)/(H)X100 0.9663 (I) WITH REPAYMENT OF DEBT AND ADJUSTMENTS Total School Levy 10,166,985 (J) Estimated Equalized Valuation (as of 10/01/2008 ) 990,007,273 (K) Estimated 09-10 Equalized Total School Tax Rate=(J)/(K)X100 1.0270 (L) ATLANTIC - ABSECON CITY 17. Salaries and Benefits of Certain District Employees Name James Giaquinto Job Title Superintendent Base Annual Salary 124,739 FTE 1 Shared with Another District? N Contract Terms: Beginning Date of Contract 01/01/2007 Ending Date of Contract 06/30/2011 Annual Work Days 251 Annual Vacation Days 17 Annual Sick Days 12 Annual Personal Days 3 Annual Consulting Days 0 Other Non-working days 0 Description-Other Non-working Days Benefits: Allowances 5,000 Bonuses 2,739 Stipends 0 District Contributions above Teacher amount for: Health Insurance 0 Dental Insurance 0 Life Insurance 0 Other Insurances 0 Retirement Plans 0 Post-Employment Benefits 15,000 Description of: Buyback of Sick Days Upon Retirement Buyback of Vac. Days Buyback of Personal Days Other Post-Emp. Benefits Other Post-Emp. Benefits Other Post-Emp. Benefits In-Kind and Other Remuneration 0 Description of: Annual Buyback of Sick Days Annual Buyback of Vac. Days Annual Buyback of Personal Days All Other In-Kind/Remuneration Additional Comments ATLANTIC - ABSECON CITY 17. Salaries and Benefits of Certain District Employees Name Tina Davisson Job Title Business Administrator Base Annual Salary 91,464 FTE 1 Shared with Another District? N Contract Terms: Beginning Date of Contract 07/01/2008 Ending Date of Contract 06/30/2009 Annual Work Days 251 Annual Vacation Days 20 Annual Sick Days 12 Annual Personal Days 3 Annual Consulting Days 0 Other Non-working days 0 Description-Other Non-working Days Benefits: Allowances 2,000 Bonuses 0 Stipends 0 District Contributions above Teacher amount for: Health Insurance 0 Dental Insurance 0 Life Insurance 0 Other Insurances 0 Retirement Plans 0 Post-Employment Benefits 0 Description of: Buyback of Sick Days Only upon retirement after 15 years Buyback of Vac. Days Buyback of Personal Days Other Post-Emp. Benefits Other Post-Emp. Benefits Other Post-Emp. Benefits In-Kind and Other Remuneration 0 Description of: Annual Buyback of Sick Days Annual Buyback of Vac. Days Annual Buyback of Personal Days All Other In-Kind/Remuneration Additional Comments ATLANTIC - ABSECON CITY 17. Salaries and Benefits of Certain District Employees Name Scott Sarraiocco Job Title Other Technology Coordinator Base Annual Salary 84,422 FTE 1 Shared with Another District? N Contract Terms: Beginning Date of Contract 07/01/2008 Ending Date of Contract 06/30/2009 Annual Work Days 251 Annual Vacation Days 17 Annual Sick Days 12 Annual Personal Days 3 Annual Consulting Days 0 Other Non-working days 0 Description-Other Non-working Days Benefits: Allowances 8,796 Bonuses 0 Stipends 0 District Contributions above Teacher amount for: Health Insurance 0 Dental Insurance 0 Life Insurance 0 Other Insurances 0 Retirement Plans 0 Post-Employment Benefits 0 Description of: Buyback of Sick Days Buyback of Vac. Days Buyback of Personal Days Other Post-Emp. Benefits Other Post-Emp. Benefits Other Post-Emp. Benefits In-Kind and Other Remuneration 0 Description of: Annual Buyback of Sick Days Annual Buyback of Vac. Days Annual Buyback of Personal Days All Other In-Kind/Remuneration Additional Comments