03/12/2008 CAPE MAY - STONE HARBOR BORO
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2006 October 15, 2007 October 15, 2008
Actual Actual Estimated
Pupils on Roll Regular Full-Time 89 81 79
Pupils on Roll - Special Full-Time 7 3 2
Pupils Sent to Other Districts-Reg Prog 23 15 21
Pupils Sent to Other Dists-Spec Ed Prog 2 3 2
Pupils Received 30 28 33
CAPE MAY - STONE HARBOR BORO
Advertised Revenues
Budget Category Account 2006-07 2007-08 2008-09
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 112,157 6,949
Revenues from Local Sources:
Local Tax Levy 10-1210 1,880,724 1,969,219 2,047,988
Tuition 10-1300 150,564 134,181 155,301
Interest Earned on Capital Reserve Funds 10-1XXX 100 100 100
Unrestricted Miscellaneous Revenues 10-1XXX 29,584 15,000
SUBTOTAL 2,060,972 2,103,500 2,218,389
Revenues from State Sources:
Special Education Aid 10-3130 51,928 51,928
Consolidated Aid 10-3195 9,655 9,655
Additional Formula Aid 10-3196 1,847 3,750
Categorical Special Education Aid 10-3132 35,067
Categorical Security Aid 10-3177 4,612
Adjustment Aid 10-3178 10,715
Categorical Transportation Aid 10-3121 16,245
SUBTOTAL 63,430 65,333 66,639
Adjustment for Prior Year Encumbrances 78,633
Actual Revenues (Over)/Under Expenditures -105,686
TOTAL OPERATING BUDGET 2,018,716 2,359,623 2,291,977
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 2,926
TOTAL REVENUES FROM STATE SOURCES 2,926
Revenues from Federal Sources:
I.D.E.A. Part B (Handicapped) 20-4420-4429 15,858 11,885
Other 20-4XXX 20,764
TOTAL REVENUES FROM FEDERAL SOURCES 36,622 11,885
TOTAL GRANTS AND ENTITLEMENTS 39,548 11,885
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 1
Revenues from Local Sources:
Local Tax Levy 40-1210 145,186
TOTAL REVENUES FROM LOCAL SOURCES 145,186
TOTAL LOCAL REPAYMENT OF DEBT 145,186 1
Actual Revenues (Over)/Under Expenditures -1
TOTAL REPAYMENT OF DEBT 145,185 1
TOTAL REVENUES/SOURCES 2,203,449 2,359,623 2,303,863
CAPE MAY - STONE HARBOR 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 806,234 915,127 868,086
Special Education 11-2XX-100-XXX 55,062 58,772 61,190
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 6,809 12,048 12,048
Community Services Programs/Operations 11-800-330-XXX 5,194 7,500 8,000
Support Services:
Tuition 11-000-100-XXX 228,045 274,030 271,482
Attendance and Social Work Services 11-000-211-XXX 20,448 22,933 19,781
Health Services 11-000-213-XXX 60,879 62,339 64,447
Students - Related & Extraordinary 11-000-216,217 19,187 24,654 35,179
Guidance 11-000-218-XXX 1,277 1,500 1,500
Child Study Teams 11-000-219-XXX 38,067 45,879 40,772
Improvement of Instructional Services 11-000-221-XXX 69,017 72,405 78,253
Educational Media Services - School Library 11-000-222-XXX 78,632 88,940 88,455
Instructional Staff Training Services 11-000-223-XXX 7,771 14,099 16,148
General Administration 11-000-230-XXX 59,516 63,287 56,941
School Administration 11-000-240-XXX 31,408 33,407 32,867
Central Svcs & Admin Info Technology 11-000-25X-XXX 30,287 44,382 28,399
Operation and Maintenance of Plant Services 11-000-26X-XXX 192,071 220,678 207,389
Student Transportation Services 11-000-270-XXX 63,650 69,883 85,888
Personal Services - Employee Benefits 11-XXX-XXX-2XX 226,777 264,801 300,052
Total Support Services Expenditures 1,127,032 1,303,217 1,327,553
TOTAL GENERAL CURRENT EXPENSE 2,000,331 2,296,664 2,276,877
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604 100 100
Equipment 12-XXX-XXX-73X 37,000 15,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX 18,385 25,859
TOTAL CAPITAL EXPENDITURES 18,385 62,959 15,100
OPERATING BUDGET GRAND TOTAL 2,018,716 2,359,623 2,291,977
SPECIAL GRANTS AND ENTITLEMENTS
Other Special Projects 20-XXX-XXX-XXX 2,926
Total State Projects 2,926
Federal Projects:
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 15,858 11,885
Other Special Projects 20-XXX-XXX-XXX 20,764
Total Federal Projects 36,622 11,885
TOTAL GRANTS AND ENTITLEMENTS 39,548 11,885
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 145,185 1
TOTAL REPAYMENT OF DEBT 145,185 1
Total Expenditures 2,203,449 2,359,623 2,303,863
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 2,203,449 2,359,623 2,303,863
CAPE MAY - STONE HARBOR 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 100,437 215,125 225,125 218,176
Repayment of Debt 0 1 1 0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve 62,871 84,804 84,904 85,004
Adult Education Programs 0 0 0 0
Maintenance Reserve 140,000 140,000 140,000 140,000
Legal Reserve 177,299 112,157 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
CAPE MAY - STONE HARBOR 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 16934 18267 21434 23247 23698
Total Classroom Instruction 10614 10970 12828 13889 14150
Classroom-Salaries and Benefits 9978 9998 11483 11996 12986
Classroom-General Supplies and Textbooks 402 684 958 1461 744
Classroom-Purchased Services and Other 234 289 387 432 420
Total Support Services 3645 3511 4223 4413 4811
Support Services-Salaries and Benefits 2103 2012 2333 2359 2705
Total Administrative Costs 1476 1428 1612 1850 1657
Administration-Salaries and Benefits 764 749 867 892 960
Total Operations and Maintenance of Plant 2170 2190 2481 2797 2760
Operations & Maintenance of Plant-Salary & Ben. 713 773 859 886 967
Total Food Services Costs 0 0
Total Extracurricular Costs 97 87 166 172 181
Total Equipment Costs 231 0 421 440 185
Employee Benefits as a % of Salaries 19.8 21.4 25.8 23.7 26.0
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.
CAPE MAY - STONE HARBOR 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
CAPE MAY - STONE HARBOR BORO
Shared Services -- Description of Shared Services
_________________________________________________
1. Stone Harbor has an Interlocal Agreement with Avalon to share the
Chief School Administrator.
2. Stone HArbor has an Interlocal Agreement with Avalon to share the
Supervisor of Curriculum and Instruction.
3. Stone Harbor contracts it's Business Services with SCSSSD.
4. Contracts with Avalon for it's High School bus run.
5. Contacts with Sea Isle for non-public transportation.
6.Stone Harbor with Middle Township for it's Child Study team services.
7.Stone Harbor shares a music teacher poition with Avalon and Sea Isle.
8.Paper supplies are purchased through a consortium with Pittsgrove.
9.Stone Harbor does it's professional Development Inservices with Avalon
School teachers and shares cost.
10. Stone Harbor and Avalon School participate in assembly programs
together.
CAPE MAY - STONE HARBOR BORO
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 2,047,988 (A)
Estimated Net Taxable Valuation (as of 01/01/2008 ) 3,626,262,310 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.0565 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 2,047,988 (D)
Estimated Net Taxable Valuation (as of 01/01/2008 ) 3,626,262,310 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.0565 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 2,047,988 (G)
Estimated Equalized Valuation (as of 02/01/2008 ) 4,799,805,585 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.0427 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 2,047,988 (J)
Estimated Equalized Valuation (as of 02/01/2008 ) 4,799,805,585 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.0427 (L)