Lower Alloways Creek Township School

2008-2009 BUDGET





 03/26/2008                                        SALEM  -  LOWER ALLOWAYS CREEK

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       211                      212                      210


      Pupils on Roll - Special Full-Time                      25                       19                       19

      Private School Placements                                1                        1                        1

      Pupils Sent to Other Districts-Reg Prog                 52                       48                       50
      Pupils Sent to Other Dists-Spec Ed Prog                  6                        8                        9
      Pupils Received                                          2                        3                        3
 


                                                   SALEM - LOWER ALLOWAYS CREEK

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     186,710          180,364

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 3,000,000        3,120,000        3,170,000
      Tuition                                               10-1300                    12,750            6,580           18,500
      Transportation Fees from Other LEAs                   10-1420-1440               43,027           28,420           15,000
      Interest Earned on Capital Reserve Funds              10-1XXX                    12,763              800            7,000
      Unrestricted Miscellaneous Revenues                   10-1XXX                    31,289           11,027           15,000
      SUBTOTAL                                                                      3,099,829        3,166,827        3,225,500

      Revenues from State Sources:                                         
      Transportation Aid                                    10-3120                   108,033          108,033
      Special Education Aid                                 10-3130                    86,859           86,859
      Stabilization Aid                                     10-3171                   744,343          744,343
      Extraordinary Aid                                     10-3131                     5,701                            19,396
      Consolidated Aid                                      10-3195                    29,734           29,734
      Additional Formula Aid                                10-3196                    29,280           59,438
      Other State Aids                                      10-3XXX                     1,743
      Categorical Special Education Aid                     10-3132                                                     131,414
      Equalization Aid                                      10-3176                                                     875,911
      Categorical Security Aid                              10-3177                                                      21,262
      Categorical Transportation Aid                        10-3121                                                      99,747
      SUBTOTAL                                                                      1,005,693        1,028,407        1,147,730

      Revenues from Federal Sources:                                       
      Medicaid Reimbursement                                10-4200                     1,372
      SUBTOTAL                                                                          1,372
      Adjustment for Prior Year Encumbrances                                                            95,661
      Actual Revenues (Over)/Under Expenditures                                      -165,424
      TOTAL OPERATING BUDGET                                                        3,941,470        4,477,605        4,553,594
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                     3,000

      Revenues from State Sources:                                         
      Instructional Supplement Aid                          20-3214                     7,023            7,023
      TOTAL REVENUES FROM STATE SOURCES                                                 7,023            7,023

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               19,013           12,385            9,200
      I.D.E.A. Part B (Handicapped)                         20-4420-4429               56,483           58,340           49,500
      Other                                                 20-4XXX                    37,210           31,628           14,312
      TOTAL REVENUES FROM FEDERAL SOURCES                                             112,706          102,353           73,012
      TOTAL GRANTS AND ENTITLEMENTS                                                   122,729          109,376           73,012
      TOTAL REVENUES/SOURCES                                                        4,064,199        4,586,981        4,626,606
                                                   SALEM - LOWER ALLOWAYS CREEK

                                                   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          1,453,833        1,506,285        1,551,228
      Special Education                                     11-2XX-100-XXX            142,254          150,350          174,682
      Basic Skills/Remedial                                 11-230-100-XXX             58,516           65,501           68,594
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX                               5,000            4,000
      Support Services:
      Tuition                                               11-000-100-XXX            643,759          615,574          606,177
      Attendance and Social Work Services                   11-000-211-XXX             15,250           16,004           16,834
      Health Services                                       11-000-213-XXX             47,241           51,000           53,794
      Students - Related & Extraordinary                    11-000-216,217             62,177          108,207          123,640
      Guidance                                              11-000-218-XXX             12,673           13,940           14,279
      Child Study Teams                                     11-000-219-XXX                930            2,450            2,500
      Improvement of Instructional Services                 11-000-221-XXX              1,500            6,680            6,700
      Educational Media Services - School Library           11-000-222-XXX              8,225           13,505           17,203
      Instructional Staff Training Services                 11-000-223-XXX              5,249           11,480           13,630
      General Administration                                11-000-230-XXX            126,235          156,244          152,897
      School Administration                                 11-000-240-XXX             54,808           56,742           58,220
      Central Svcs & Admin Info Technology                  11-000-25X-XXX             73,757           77,675           81,026
      Deposit to Maintenance Reserve                        10-606                                                       75,000
      Operation and Maintenance of Plant Services           11-000-26X-XXX            340,566          369,657          399,850
      Student Transportation Services                       11-000-270-XXX            281,640          337,111          356,690
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX            603,857          729,700          744,650
      Food Services                                         11-000-310-XXX              9,000           20,000           25,000
      Total Support Services Expenditures                                           2,286,867        2,585,969        2,673,090
      TOTAL GENERAL CURRENT EXPENSE                                                 3,941,470        4,313,105        4,546,594

      CAPITAL EXPENDITURES
      Interest Earned on Capital Reserve                    10-604                                         800            7,000
      Equipment                                             12-XXX-XXX-73X                             155,000
      Facilities Acquisition and Construction Services      12-000-4XX-XXX                               8,700
      TOTAL CAPITAL EXPENDITURES                                                                       164,500            7,000
      OPERATING BUDGET GRAND TOTAL                                                  3,941,470        4,477,605        4,553,594

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX              3,000
      Instructional Supplement Aid:
      Instruction                                           20-214-100-XXX              7,023            7,023
      TOTAL INSTRUCTIONAL SUPPLEMENT AID                                                7,023            7,023
      Total State Projects                                                              7,023            7,023
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX             19,013           12,385            9,200
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX             56,483           58,340           49,500
      Other Special Projects                                20-XXX-XXX-XXX             37,210           31,628           14,312
      Total Federal Projects                                                          112,706          102,353           73,012
      TOTAL GRANTS AND ENTITLEMENTS                                                   122,729          109,376           73,012
      Total Expenditures                                                            4,064,199        4,586,981        4,626,606

      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                                           4,064,199        4,586,981        4,626,606

                                                   SALEM  -  LOWER ALLOWAYS CREEK

                                          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                               116,778               256,852               276,852               201,852
        Repayment of Debt                                            0                     0                     0                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                    249,959               262,722               263,522               270,522
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                75,000
            Legal Reserve                                      341,064               292,074               105,364                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                   SALEM  -  LOWER ALLOWAYS CREEK

                                               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                           12289           13407          14021          14578          15322
Total Classroom Instruction                                 8392            9379           9579           9816          10246
Classroom-Salaries and Benefits                             7818            8571           8866           9084           9530
Classroom-General Supplies and Textbooks                     477             689            529            504            449
Classroom-Purchased Services and Other                        97             119            184            228            267
Total Support Services                                       964             777            977           1113           1250
Support Services-Salaries and Benefits                       388             414            453            572            652
Total Administrative Costs                                  1289            1322           1380           1496           1495
Administration-Salaries and Benefits                         769             819            829            926            869
Total Operations and Maintenance of Plant                   1443            1673           1717           1775           1927
Operations & Maintenance of Plant-Salary & Ben.              583             695            662            683            717
Total Food Services Costs                                     40              40             84             87            109
Total Extracurricular Costs                                    0               0             28             29             23
Total Equipment Costs                                        159               0            358            671              0
Employee Benefits as a % of Salaries                        29.4            30.6           34.8           34.5           33.8


 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.

                                                   SALEM  -  LOWER ALLOWAYS CREEK

                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

                           SALEM  -  LOWER ALLOWAYS CREEK

Shared Services -- Description of Shared Services
_________________________________________________

  1.  Business Office services contracted through Alloways  Twp BOE        
  2.  Cafeteria Services/Management contracted with Alloway Twp BOE        
  3.  Custodial Supplies purchased through Joint Purchasing Agreement      
  4.  Paper purchased through Pittsgrove Paper Consortium                  
  5.  Transporation Jointure with Oldmans for Special Ed Student           
  6.  Greenwich Students attend LAC for FCS and IA programs                
  7.  Child Study Team contracted with Salem City Board of Education       
  8.  Speech Services purchased through Downe Township BOE                 
  9.  Light Bulb Recycling through Oldmans Township BOE                    

                           SALEM  -  LOWER ALLOWAYS CREEK

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        3,170,000 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 )           205,160,269 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           1.5451 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                                       0 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 )           205,160,269 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.0000 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        3,170,000 (G)
Estimated Equalized Valuation (as of 10/01/2007 )             226,589,322 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      1.3990 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                                       0 (J)
Estimated Equalized Valuation (as of 10/01/2007 )             226,589,322 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.0000 (L)