03/13/2008 CAPE MAY - LOWER TWP
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2006 October 15, 2007 October 15, 2008
Actual Actual Estimated
Pupils on Roll Regular Full-Time 1578 1529 1507
Pupils on Roll - Special Full-Time 308 308 308
Private School Placements 2
Pupils Sent to Other Dists-Spec Ed Prog 17 17 20
Pupils Received 2 1
CAPE MAY - LOWER TWP
Advertised Revenues
Budget Category Account 2006-07 2007-08 2008-09
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 973,621 700,469
Revenues from Local Sources:
Local Tax Levy 10-1210 13,606,146 13,364,508 13,899,088
Tuition 10-1300 87,688 59,686
Unrestricted Miscellaneous Revenues 10-1XXX 292,106 143,751 143,750
SUBTOTAL 13,985,940 13,567,945 14,042,838
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 4,344,503 4,344,503
School Choice Aid 10-3116 357,287 357,287 556,625
Transportation Aid 10-3120 817,490 817,490
Special Education Aid 10-3130 2,098,389 2,098,389
Bilingual Education 10-3140 10,512 10,512
Consolidated Aid 10-3195 199,252 199,252
Additional Formula Aid 10-3196 273,642 566,212
Other State Aids 10-3XXX 8,472 241,314
Categorical Special Education Aid 10-3132 779,896
Equalization Aid 10-3176 4,144,412
Categorical Security Aid 10-3177 379,780
Adjustment Aid 10-3178 4,066,106
Categorical Transportation Aid 10-3121 616,970
SUBTOTAL 8,109,547 8,634,959 10,543,789
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 20,212
SUBTOTAL 20,212
Adjustment for Prior Year Encumbrances 167,854
Actual Revenues (Over)/Under Expenditures -160,603
TOTAL OPERATING BUDGET 21,955,096 23,344,379 25,287,096
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 996 996
Revenues from State Sources:
Early Childhood Program Aid - Pr Year Carryover 20-3211 2,509
Early Childhood Program Aid 20-3211 1,008,384 1,008,384
Demonstrably Effective Program Aid 20-3212 642,861 642,861
Preschool Education Aid 20-3218 340,330
Other Restricted Entitlements 20-32XX 43,276 408,817
TOTAL REVENUES FROM STATE SOURCES 1,694,521 2,062,571 340,330
Revenues from Federal Sources:
Title I 20-4411-4416 415,504 372,844 316,917
I.D.E.A. Part B (Handicapped) 20-4420-4429 459,763 506,272 430,331
Other 20-4XXX 183,069 156,192 132,763
TOTAL REVENUES FROM FEDERAL SOURCES 1,058,336 1,035,308 880,011
TOTAL GRANTS AND ENTITLEMENTS 2,753,853 3,098,875 1,220,341
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 1,738
Revenues from Local Sources:
Local Tax Levy 40-1210 471,558 474,410 470,775
Miscellaneous 40-1XXX 398
TOTAL REVENUES FROM LOCAL SOURCES 471,956 474,410 470,775
Revenues from State Sources:
Debt Service Aid Type II 40-3160 217,873 219,191 218,314
TOTAL LOCAL REPAYMENT OF DEBT 689,829 693,601 690,827
Actual Revenues (Over)/Under Expenditures -398
TOTAL REPAYMENT OF DEBT 689,431 693,601 690,827
TOTAL REVENUES/SOURCES 25,398,380 27,136,855 27,198,264
CAPE MAY - LOWER TWP
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 7,011,477 6,639,032 8,075,531
Special Education 11-2XX-100-XXX 2,013,524 2,139,083 2,220,575
Bilingual Education 11-240-100-XXX 10,512 10,512 10,512
Support Services:
Tuition 11-000-100-XXX 337,307 285,424 343,777
Attendance and Social Work Services 11-000-211-XXX 21,254 22,090 23,092
Health Services 11-000-213-XXX 359,531 398,579 398,713
Students - Related & Extraordinary 11-000-216,217 330,610 346,140 361,763
Guidance 11-000-218-XXX 305,418 321,088 335,766
Child Study Teams 11-000-219-XXX 891,445 949,250 998,287
Improvement of Instructional Services 11-000-221-XXX 93,321 106,579 112,315
Educational Media Services - School Library 11-000-222-XXX 398,190 378,579 407,643
Instructional Staff Training Services 11-000-223-XXX 177,181 178,311 185,054
General Administration 11-000-230-XXX 508,583 557,801 527,801
School Administration 11-000-240-XXX 677,504 807,689 807,689
Central Svcs & Admin Info Technology 11-000-25X-XXX 287,482 352,911 352,911
Deposit to Maintenance Reserve 10-606 300,000 292,246
Operation and Maintenance of Plant Services 11-000-26X-XXX 2,595,257 2,983,522 3,073,592
Student Transportation Services 11-000-270-XXX 1,208,360 1,262,981 1,363,162
Personal Services - Employee Benefits 11-XXX-XXX-2XX 4,196,364 4,796,326 5,338,913
Food Services 11-000-310-XXX 208,205 200,000 200,000
Total Support Services Expenditures 12,596,012 13,947,270 14,830,478
TOTAL GENERAL CURRENT EXPENSE 21,931,525 23,028,143 25,137,096
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X 23,571 316,236 150,000
TOTAL CAPITAL EXPENDITURES 23,571 316,236 150,000
OPERATING BUDGET GRAND TOTAL 21,955,096 23,344,379 25,287,096
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX 996 996
Early Childhood Program Aid:
Instruction 20-211-100-XXX 796,777 795,990 244,104
Support Services 20-211-200-XXX 211,607 214,903 96,226
TOTAL EARLY CHILDHOOD PROGRAM AID 1,008,384 1,010,893 340,330
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX 504,578 477,057
Support Services 20-212-200-XXX 138,283 165,804
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 642,861 642,861
Other State Projects:
Instruction 20-217-100-XXX 229,687
Support Services 20-217-200-XXX 155,313
TOTAL TARA USED TO SUPPORT PROGRAMS 385,000
Nonpublic Textbooks 20-XXX-XXX-XXX 5,693
Nonpublic Auxiliary Services 20-XXX-XXX-XXX 19,993 23,817
Nonpublic Handicapped Services 20-XXX-XXX-XXX 3,720
Nonpublic Nursing Services 20-XXX-XXX-XXX 9,950
Nonpublic Technology Initiative 20-XXX-XXX-XXX 3,385
Other Special Projects 20-XXX-XXX-XXX 535
Total State Projects 1,694,521 2,062,571 340,330
Federal Projects:
Title I 20-XXX-XXX-XXX 415,504 372,844 316,917
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 459,763 506,272 430,331
Other Special Projects 20-XXX-XXX-XXX 183,069 156,192 132,763
Total Federal Projects 1,058,336 1,035,308 880,011
TOTAL GRANTS AND ENTITLEMENTS 2,753,853 3,098,875 1,220,341
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 689,431 693,601 690,827
TOTAL REPAYMENT OF DEBT 689,431 693,601 690,827
Total Expenditures 25,398,380 27,136,855 27,198,264
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 25,398,380 27,136,855 27,198,264
CAPE MAY - LOWER TWP
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 425,631 440,274 660,173 463,531
Repayment of Debt 1,340 1,738 1,738 0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve 1 1 1 1
Adult Education Programs 0 0 0 0
Maintenance Reserve 700,000 1,000,000 1,292,246 1,292,246
Legal Reserve 1,456,562 1,477,448 503,827 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 - LOWER TWP
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 11142 11337 12110 12644 13097
Total Classroom Instruction 6552 6908 6966 7252 7616
Classroom-Salaries and Benefits 6083 6532 6598 6880 7260
Classroom-General Supplies and Textbooks 341 272 257 266 251
Classroom-Purchased Services and Other 129 103 111 106 104
Total Support Services 1721 1798 1901 2065 2031
Support Services-Salaries and Benefits 1540 1605 1702 1835 1803
Total Administrative Costs 876 958 1111 1169 1172
Administration-Salaries and Benefits 720 810 922 974 975
Total Operations and Maintenance of Plant 1745 1600 1881 1901 2002
Operations & Maintenance of Plant-Salary & Ben. 1018 1030 1154 1154 1241
Total Food Services Costs 146 110 106 109 110
Total Extracurricular Costs 0 0
Total Equipment Costs 79 13 80 172 83
Employee Benefits as a % of Salaries 26.7 28.3 35.0 31.5 33.0
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 - LOWER TWP
Unusual Revenues and Appropriations
Line Number Revenue Source or 08-09 Amount Description of circumstances
Approp. Due to
Total Unusual Revenues:
CAPE MAY - LOWER TWP
Shared Services -- Description of Shared Services
Lower Township schools have been and continue to particiapte in shared
services. The district has a shared services contract with the municipal-
ity for a school resource officer and has engaged the paving services as
well. A shared service agreement exists with lower Cape May Regional
School District for the purpose of web design for our web site. The dist-
rict has a shared service with West Cape May and provides food service
their school district. Our district has provided curriculum support to
Cape May City Schools. Lower Township participates in the Atlantic Cape
Association of Business Officials Joint Insurance Fund, the Cape May
County CO-OP, NJASBO Aces program for gas heat and have used as needed
transportation from the Cape May County Shared Services Transportation
Department.
CAPE MAY - LOWER TWP
22a. Estimated Tax Rate Information
A. Estimated 08-09 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 13,631,798 (A)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 4,690,984,294 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.2906 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 14,104,391 (D)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 4,690,984,294 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.3007 (F)
B. Estimated 08-09 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 13,631,798 (G)
Estimated Equalized Valuation (as of 02/26/2008 ) 4,406,748,984 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.3093 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 14,104,391 (J)
Estimated Equalized Valuation (as of 02/26/2008 ) 4,406,748,984 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.3201 (L)