03/29/2012 MONMOUTH - MANASQUAN BORO
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2010 October 15, 2011 October 15, 2012
Actual Actual Estimated
Pupils on Roll Regular Full-Time 1465 1442 1398
Pupils on Roll Regular Shared-Time 18 14 11
Pupils on Roll - Special Full-Time 202 205 190
Pupils on Roll - Special Shared-Time 28 32 25
Subtotal - Pupils On Roll 1713 1693 1624
Private School Placements 5 8 7
Pupils Sent to Other Dists-Spec Ed Prog 1 3 4
Pupils Received 730 718 669
MONMOUTH - MANASQUAN BORO
Advertised Revenues
Budget Category Account 2010-11 2011-12 2012-13
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 35,366 349,844
Withdrawal from Maint. Reserve 10-310 400,000 850,000
Withdrawal from Tuition Reserve-for Tuition adj. 10-311 100,000 150,000
Revenues from Local Sources:
Local Tax Levy 10-1210 12,171,782 12,171,782 12,655,951
Other Local Governmental Units - Unrestricted 10-12XX 84,580
Other Local Governmental Units - Restricted 10-12XX 85,670 46,920
Tuition 10-1300 10,126,111 9,939,945 9,125,136
Interest Earned on Capital Reserve Funds 10-1XXX 5 2
Other Restricted Miscellaneous Revenues 10-1XXX 2,500,000 2,545,820
Unrestricted Miscellaneous Revenues 10-1XXX 88,646 40,000 40,000
SUBTOTAL 22,471,119 24,737,402 24,413,829
Revenues from State Sources:
Extraordinary Aid 10-3131 202,826 123,366 123,366
Other State Aids 10-3XXX 2,748
Categorical Special Education Aid 10-3132 455,646 506,223
Categorical Security Aid 10-3177 15,476
Adjustment Aid 10-3178 25,228
Categorical Transportation Aid 10-3121 20,001
SUBTOTAL 205,574 579,012 690,294
Revenues from Federal Sources:
Education Jobs Fund 18-4522 33,540
SUBTOTAL 33,540
Adjustment for Prior Year Encumbrances 2,000
Actual Revenues (Over)/Under Expenditures -621,868
TOTAL OPERATING BUDGET 22,054,825 25,887,320 26,453,967
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 9,497
Revenues from State Sources:
Other Restricted Entitlements 20-32XX 92,513 116,896 88,818
TOTAL REVENUES FROM STATE SOURCES 92,513 116,896 88,818
Revenues from Federal Sources:
Title I 20-4411-4416 77,650 82,385 61,789
Title II 20-4451-4455 29,200 26,827 20,120
Title III 20-4491-4494 8,773 16,916 12,686
Title IV 20-4471-4474 401
I.D.E.A. Part B (Handicapped) 20-4420-4429 296,746 232,547 174,410
Other 20-4XXX 158,745
TOTAL REVENUES FROM FEDERAL SOURCES 571,515 358,675 269,005
TOTAL GRANTS AND ENTITLEMENTS 673,525 475,571 357,823
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 310 352
Transfers from Other Funds 40-5200 355
Revenues from Local Sources:
Local Tax Levy 40-1210 1,079,710 1,065,700 1,063,883
TOTAL REVENUES FROM LOCAL SOURCES 1,079,710 1,065,700 1,063,883
TOTAL LOCAL REPAYMENT OF DEBT 1,080,065 1,066,010 1,064,235
Actual Revenues (Over)/Under Expenditures 795
TOTAL REPAYMENT OF DEBT 1,080,860 1,066,010 1,064,235
TOTAL REVENUES/SOURCES 23,809,210 27,428,901 27,876,025
MONMOUTH - MANASQUAN BORO
Advertised Appropriations
Budget Category Account 2010-11 2011-12 2012-13
Expenditures Rev. Approp. Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX 7,504,878 7,540,508 7,450,445
Special Education 11-2XX-100-XXX 1,377,495 1,609,134 1,572,072
Basic Skills/Remedial 11-230-100-XXX 1,000
Bilingual Education 11-240-100-XXX 134,068 141,245 142,400
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 164,104 176,297 161,630
School Sponsored Athletics 11-402-100-XXX 596,280 613,397 561,170
Support Services:
Tuition 11-000-100-XXX 574,831 741,698 851,404
Attendance and Social Work Services 11-000-211-XXX 30,461 31,730 32,045
Health Services 11-000-213-XXX 262,533 272,570 243,200
Speech, OT, PT, Related & Extraordinary Services 11-000-216,217 440,442 674,220 588,075
Guidance 11-000-218-XXX 674,072 773,280 800,546
Child Study Teams 11-000-219-XXX 485,742 490,875 462,551
Improvement of Instructional Services 11-000-221-XXX 341,595 257,077 266,040
Educational Media Services - School Library 11-000-222-XXX 353,101 388,772 361,787
Instructional Staff Training Services 11-000-223-XXX 14,893 16,980 16,675
General Administration 11-000-230-XXX 526,375 642,356 559,125
School Administration 11-000-240-XXX 1,207,308 1,251,065 1,231,078
Central Svcs & Admin Info Technology 11-000-25X-XXX 404,532 416,195 381,556
Operation and Maintenance of Plant Services 11-000-26X-XXX 2,402,744 2,478,328 2,892,955
Student Transportation Services 11-000-270-XXX 351,776 452,190 400,221
Personal Services - Employee Benefits 11-XXX-XXX-2XX 4,003,446 4,357,145 4,590,581
Total Support Services Expenditures 12,073,851 13,244,481 13,677,839
TOTAL GENERAL CURRENT EXPENSE 21,850,676 23,326,062 23,565,556
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604 5 2
Equipment 12-XXX-XXX-73X 36,337 41,500 11,300
Facilities Acquisition and Construction Services 12-000-4XX-XXX 167,812 2,519,753 2,877,109
TOTAL CAPITAL EXPENDITURES 204,149 2,561,258 2,888,411
OPERATING BUDGET GRAND TOTAL 22,054,825 25,887,320 26,453,967
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX 9,497
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX 9,492 8,016 6,012
Nonpublic Auxiliary Services 20-XXX-XXX-XXX 38,541 49,057 36,793
Nonpublic Handicapped Services 20-XXX-XXX-XXX 33,808 48,373 36,280
Nonpublic Nursing Services 20-XXX-XXX-XXX 10,672 11,450 9,733
Total State Projects 92,513 116,896 88,818
Federal Projects:
Title I 20-XXX-XXX-XXX 77,650 82,385 61,789
Title II 20-XXX-XXX-XXX 29,200 26,827 20,120
Title III 20-XXX-XXX-XXX 8,773 16,916 12,686
Title IV 20-XXX-XXX-XXX 401
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 296,746 232,547 174,410
Other Special Projects 20-XXX-XXX-XXX 158,745
Total Federal Projects 571,515 358,675 269,005
TOTAL GRANTS AND ENTITLEMENTS 673,525 475,571 357,823
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 1,080,860 1,066,010 1,064,235
TOTAL REPAYMENT OF DEBT 1,080,860 1,066,010 1,064,235
Total Expenditures 23,809,210 27,428,901 27,876,025
DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
0250XLocal Contribution - Transfer to Special Revenue 11-1XX-100-93X
Capital Reserve - Transfer to Repayment of Debt 12-000-400-933
Transfer Property Sale Proceeds to Debt Svc Res 11-000-520-934
TOTAL EXPENDITURES NET OF TRANSFERS 23,809,210 27,428,901 27,876,025
MONMOUTH - MANASQUAN BORO
Advertised Recapitulation of Balance
Audited Audited Estimated Estimated
Balance Balance Balance Balance
Budget Category 6/30/2010 6/30/2011 6/30/2012 6/30/2013
Unrestricted:
General Operating Budget 588,174 572,037 653,866 517,706
Repayment of Debt 1,457 662 352 0
Restricted for Specific Purposes:
General Operating Budget:
Capital Reserve 4,611 4,623 4,628 4,630
Adult Education Programs 0 0 0 0
Maintenance Reserve 530,000 850,000 850,000 0
Legal Reserve 0 213,684 213,684 0
Tuition Reserve 169,911 250,000 150,000 0
Current Expense Emergency Reserve 0 50,000 50,000 50,000
Repayment of Debt:
Restricted for Repayment of Debt 0 0 0 0
MONMOUTH - MANASQUAN BORO
Advertised Per Pupil Cost Calculations
2012 - 2013
2009-10 2010-11 2011-12 2011-12 2012-2013
Actual Actual Original Revised Proposed
Budget Budget Budget
Per Pupil Cost Calculations: (1) (2) (3) (4) (5)
Total Budgetary Comparative Per Pupil Cost 12148 12332 13162 13253 13894
Total Classroom Instruction 6696 6715 7185 7144 7462
Classroom-Salaries and Benefits 6269 6210 6709 6719 7118
Classroom-General Supplies and Textbooks 351 419 362 327 236
Classroom-Purchased Services and Other 76 86 114 98 108
Total Support Services 1886 1931 2072 2184 2187
Support Services-Salaries and Benefits 1732 1759 1820 1890 1871
Total Administrative Costs 1562 1566 1633 1710 1710
Administration-Salaries and Benefits 1345 1356 1399 1392 1449
Legal Costs 0 27 18 32 37
Total Operations and Maintenance of Plant 1457 1559 1687 1642 1977
Operations & Maintenance of Plant-Salary & Ben. 638 635 675 673 713
Board Contribution to Food Services 0 0 0 0 0
Total Extracurricular Costs 547 539 586 572 558
Total Equipment Costs 75 21 12 25 7
Employee Benefits as a % of Salaries 29.5 29.1 32.9 30.8 32.7
The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
are contained in the 2012 Taxpayers' Guide to Education Spending (formerly 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 2011-12
revised appropriations and 2012-13 budgeted appropriations presented in this advertised budget. Total Budgetary 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 Budgetary
comparative per pupil cost, although all components are not shown.
MONMOUTH - MANASQUAN BORO
Unusual Revenues and Appropriations
___________________________________
Line Number Revenue Source or 12-13 Amount Description of circumstances
Approp. Due to
00252 Endownment Fund 1,000,000 Donations for Field Project
00252 Money from Jersey Mikes 30,000 Donation to Maint. Sports
00252 Money for HS 15,820 Lang Estate for HS
00252 Sale of Land 1,500,000 Sale of SG Ave Property for Field Proj
Total Unusual Revenues:
2,545,820 Total Unusual Appropriations: 0
MONMOUTH - MANASQUAN BORO
Shared Services -- Description of Shared Services
_________________________________________________
Business Office Services with SLH through a Business Services Agreement
CST Services to Sea Girt
Electrical Bid with Senting Districts
Recreation Facility for the Town
EdData Cooperative Bidding for Goods/Services
Middlesex Ed. Svcs. Cooperative Bidding
Middlesex Ed. Svcs. for NonPublic
MOESC for Transportation
Calendar Coordination with Wall and Sending Districts
Joint Tennis Courts with the Twon
Joint JV Baseball Field with the Town
Agreement with Wall for use of town field for Varsity Baseball
Agreement with Point Boro joint teams for Hockey, Swimming, Gymnastics
Use of sand and salt from town purchased at lower rate
HS Supervisors used for curriculum articulation with the Send. Dists.
Shared specialized equipment for special needs children with Send. Dists.
Shared special education extended school year with Send. Dists.
Sharing of professional development with the Sending Districts
Shared Athletic Trainer's vehicle with the Town
MONMOUTH - MANASQUAN BORO
22a. Estimated Tax Rate Information
______________________________
A. Estimated 12-13 School Tax Rate
__________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 12,655,951 (A)
Estimated Net Taxable Valuation (as of 10/01/2011 ) 1,605,420,340 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100 0.7883 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 13,719,834 (D)
Estimated Net Taxable Valuation (as of 10/01/2011 ) 1,605,420,340 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)X100 0.8546 (F)
B. Estimated 12-13 Equalized School Tax Rate
____________________________________________
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 12,655,951 (G)
Estimated Equalized Valuation (as of 10/01/2011 ) 2,050,576,929 (H)
Estimated 12-13 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.6172 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 13,719,834 (J)
Estimated Equalized Valuation (as of 10/01/2011 ) 2,050,576,929 (K)
Estimated 12-13 Equalized Total School
Tax Rate=(J)/(K)X100 0.6691 (L)
MONMOUTH - MANASQUAN BORO
17. Salaries and Benefits of Certain District Employees
Name Geraldine Margin
Job Title Superintendent
Base Annual Salary 157,500
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 07/01/2011
Ending Date of Contract 06/30/2015
Annual Work Days 248
Annual Vacation Days 25
Annual Sick Days 12
Annual Personal Days 4
Annual Consulting Days 0
Other Non-working days 13
Description-Other Non-working Days Legal Holidays
Benefits:
Allowances 7,613
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
MONMOUTH - MANASQUAN BORO
17. Salaries and Benefits of Certain District Employees
Name Margaret Hom
Job Title Business Administrator
Base Annual Salary 152,796
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 07/01/2011
Ending Date of Contract 06/30/2012
Annual Work Days 248
Annual Vacation Days 25
Annual Sick Days 12
Annual Personal Days 4
Annual Consulting Days 0
Other Non-working days 13
Description-Other Non-working Days Legal Holidays
Benefits:
Allowances 4,049
Bonuses 1,000
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
MONMOUTH - MANASQUAN BORO
17. Salaries and Benefits of Certain District Employees
Name Frank Scott
Job Title Information Technology
Base Annual Salary 89,622
FTE 1.0
Shared with Another District? N
Member of Collective Bargaining ? N
Contract Terms:
Beginning Date of Contract 07/01/2011
Ending Date of Contract 06/30/2012
Annual Work Days 248
Annual Vacation Days 20
Annual Sick Days 12
Annual Personal Days 3
Annual Consulting Days 0
Other Non-working days 13
Description-Other Non-working Days Legal Holidays
Benefits:
Allowances 0
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