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2008-2009 User Friendly File |
02/29/2008 ATLANTIC - FOLSOM BORO
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2006 October 15, 2007 October 15, 2008
Actual Actual Estimated
Pupils on Roll Regular Full-Time 348 373 377
Pupils on Roll - Special Full-Time 40 43 43
Private School Placements 4 4 4
Pupils Sent to Other Districts-Reg Prog 72 67 74
Pupils Sent to Other Dists-Spec Ed Prog 14 16 16
Pupils Received 4 14 10
Pupils in State Facilities 1 1
ATLANTIC - FOLSOM BORO
Advertised Revenues
Budget Category Account 2006-07 2007-08 2008-09
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 413,916 297,811
Transfers from Other Funds 10-5200 11,766
Revenues from Local Sources:
Local Tax Levy 10-1210 1,258,908 1,408,011 1,408,011
Tuition 10-1300 10,000 30,000
Interest Earned on Capital Reserve Funds 10-1XXX 200 200
Unrestricted Miscellaneous Revenues 10-1XXX 109,391 7,500 9,202
SUBTOTAL 1,368,299 1,425,711 1,447,413
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 1,033,381 1,033,381
School Choice Aid 10-3116 1,202,776 1,202,776 556,698
Transportation Aid 10-3120 205,587 203,949
Special Education Aid 10-3130 237,486 237,486
Stabilization Aid 10-3171 396,365 396,365
Extraordinary Aid 10-3131 2,689
Consolidated Aid 10-3195 52,446 52,446
Additional Formula Aid 10-3196 95,963 201,934
Other State Aids 10-3XXX 103,116 139,722
Categorical Special Education Aid 10-3132 243,113
Equalization Aid 10-3176 3,848,585
Categorical Security Aid 10-3177 65,013
Categorical Transportation Aid 10-3121 177,501
SUBTOTAL 3,329,809 3,468,059 4,890,910
Adjustment for Prior Year Encumbrances 22,077
Actual Revenues (Over)/Under Expenditures 335,507
TOTAL OPERATING BUDGET 5,045,381 5,329,763 6,636,134
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Early Childhood Program Aid 20-3211 128,018 128,018
Demonstrably Effective Program Aid 20-3212 74,883 74,883
Preschool Education Aid 20-3218 67,103
Instructional Supplement Aid 20-3214 3,993 3,993
Other Restricted Entitlements 20-32XX 1,237
TOTAL REVENUES FROM STATE SOURCES 208,131 206,894 67,103
Revenues from Federal Sources:
Title I 20-4411-4416 74,182 65,000 70,000
I.D.E.A. Part B (Handicapped) 20-4420-4429 106,314 72,479 90,000
Other 20-4XXX 33,297
TOTAL REVENUES FROM FEDERAL SOURCES 213,793 137,479 160,000
TOTAL GRANTS AND ENTITLEMENTS 421,924 344,373 227,103
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 1
Revenues from Local Sources:
Local Tax Levy 40-1210 228,216 239,908 245,107
TOTAL REVENUES FROM LOCAL SOURCES 228,216 239,908 245,107
TOTAL LOCAL REPAYMENT OF DEBT 228,216 239,908 245,108
Actual Revenues (Over)/Under Expenditures 16,492
TOTAL REPAYMENT OF DEBT 244,708 239,908 245,108
TOTAL REVENUES/SOURCES 5,712,013 5,914,044 7,108,345
ATLANTIC - FOLSOM 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 1,258,192 1,262,145 1,529,342
Special Education 11-2XX-100-XXX 243,853 271,034 287,425
Basic Skills/Remedial 11-230-100-XXX 104,950 111,318 60,550
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 6,100 8,325 11,000
School Sponsored Athletics 11-402-100-XXX 4,450 6,600 8,150
Support Services:
Tuition 11-000-100-XXX 900,516 1,202,576 1,332,665
Health Services 11-000-213-XXX 69,802 72,387 76,800
Students - Related & Extraordinary 11-000-216,217 78,493 83,394 79,000
Child Study Teams 11-000-219-XXX 180,296 193,419 200,000
Improvement of Instructional Services 11-000-221-XXX 33,633 56,562 68,700
Educational Media Services - School Library 11-000-222-XXX 53,323 55,198 62,300
Instructional Staff Training Services 11-000-223-XXX 9,136 25,600 15,000
General Administration 11-000-230-XXX 86,630 129,224 136,333
School Administration 11-000-240-XXX 135,651 141,878 138,350
Central Svcs & Admin Info Technology 11-000-25X-XXX 112,662 160,419 160,513
Deposit to Maintenance Reserve 10-606 190,000
Operation and Maintenance of Plant Services 11-000-26X-XXX 372,902 436,142 410,300
Student Transportation Services 11-000-270-XXX 433,833 498,127 572,000
Personal Services - Employee Benefits 11-XXX-XXX-2XX 478,820 615,215 679,500
Total Support Services Expenditures 2,945,697 3,670,141 3,931,461
TOTAL GENERAL CURRENT EXPENSE 4,563,242 5,329,563 6,017,928
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604 200 200
Equipment 12-XXX-XXX-73X 318,964 126,300
Facilities Acquisition and Construction Services 12-000-4XX-XXX 491,706
Capital Reserve-Transfer to Capital Expend Fund 12-000-4XX-931 163,175
TOTAL CAPITAL EXPENDITURES 482,139 200 618,206
OPERATING BUDGET GRAND TOTAL 5,045,381 5,329,763 6,636,134
SPECIAL GRANTS AND ENTITLEMENTS
Instruction 20-211-100-XXX 107,872 116,836 60,575
Early Childhood Program Aid:
Support Services 20-211-200-XXX 20,146 11,182 6,528
TOTAL EARLY CHILDHOOD PROGRAM AID 128,018 128,018 67,103
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX 65,200 65,505
Support Services 20-212-200-XXX 9,683 9,378
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 74,883 74,883
Instructional Supplement Aid:
Instruction 20-214-100-XXX 3,993 3,993
TOTAL INSTRUCTIONAL SUPPLEMENT AID 3,993 3,993
Other State Projects:
Other Special Projects 20-XXX-XXX-XXX 1,237
Total State Projects 208,131 206,894 67,103
Federal Projects:
Title I 20-XXX-XXX-XXX 74,182 65,000 70,000
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 106,314 72,479 90,000
Other Special Projects 20-XXX-XXX-XXX 33,297
Total Federal Projects 213,793 137,479 160,000
TOTAL GRANTS AND ENTITLEMENTS 421,924 344,373 227,103
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 239,908 245,108
Additional State School Building Aid-Ch.177 40-702-510-XXX 244,708
Total Additional State School Building Aid 244,708
TOTAL REPAYMENT OF DEBT 244,708 239,908 245,108
Total Expenditures 5,712,013 5,914,044 7,108,345
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 5,712,013 5,914,044 7,108,345
ATLANTIC - FOLSOM 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 170,000 270,001 270,001 250,000
Repayment of Debt 16,493 1 1 0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve 131,540 5,155 5,355 5,555
Adult Education Programs 0 0 0 0
Maintenance Reserve 95,000 137,500 137,500 327,500
Legal Reserve 700,198 671,726 277,810 0
Tuition Reserve 0 0 0 0
Current Expense Emergency Reserve 0 0 0 0
Reserved for Repayment of Debt 0 0 0 0
ATLANTIC - FOLSOM 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 8044 8792 9641 9221 9501
Total Classroom Instruction 5085 5430 5693 5385 5596
Classroom-Salaries and Benefits 4563 5001 5281 4994 5087
Classroom-General Supplies and Textbooks 454 342 315 300 390
Classroom-Purchased Services and Other 67 87 97 91 119
Total Support Services 1269 1300 1504 1418 1443
Support Services-Salaries and Benefits 1129 1176 1343 1259 1285
Total Administrative Costs 919 991 1188 1215 1215
Administration-Salaries and Benefits 756 776 959 904 927
Total Operations and Maintenance of Plant 725 1031 1191 1140 1070
Operations & Maintenance of Plant-Salary & Ben. 338 443 498 466 481
Total Food Services Costs 0 0
Total Extracurricular Costs 41 31 46 43 53
Total Equipment Costs 118 816 0 0 301
Employee Benefits as a % of Salaries 23.2 20.9 24.6 24.5 23.9
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.
ATLANTIC - FOLSOM 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
ATLANTIC - FOLSOM BORO
Shared Services -- Description of Shared Services
_________________________________________________
ACCASBO-JIF Contract with 21 school districts to purchase property, liabi
lity and workers comp insurance.
Transportation Jointures with GHRHSD, Monroe Twp, Hammonton and Buena Sch
ool districts.
ACES-consortium to purchase electric and gas
ACT-consortium to purchase telecommunication services
Pittsgrove BOE-consortium to purchase copier paper & various supplies
Borough of Folsom-shared service for trash pickup and snow removal.
State Contract for copier lease and school supplies.
ATLANTIC - FOLSOM BORO
22a. Estimated Tax Rate Information
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A. Estimated 08-09 School Tax Rate
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WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 1,408,011 (A)
Estimated Net Taxable Valuation (as of 01/18/2008 ) 104,025,048 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 1.3535 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 1,653,118 (D)
Estimated Net Taxable Valuation (as of 01/18/2008 ) 104,025,048 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 1.5892 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 1,408,011 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 188,343,365 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.7476 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 1,653,118 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 188,343,365 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.8777 (L)
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