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    Please click on link below for User Friendly Budget:

     

    2018 2019 User Friendly Budget

     

    Advertised Budget

    Monmouth   - Monmouth Beach Boro

     

    Notice is hereby given to the legal voters of the Monmouth Beach school district, in the County of Monmouth, of the State of New Jersey, that a Public Hearing will be held in the Library of the Monmouth Beach Board of Education, 7 Hastings Place, Monmouth Beach, NJ 07750, on Tuesday, April 24, 2018, at 7:00 p.m. for the purpose of conducting a public hearing on the following budget for the 2018-2019 school year. This meeting will replace the regular meeting originally scheduled for Tuesday, April 17, 2018 at 7:00 p.m.

     

    Advertised Enrollments

     

     

    Enrollment Categories

    October 14, 2016 Actual

    October 13, 2017 Actual

    October 15, 2018 Estimated

     

    Pupils On Roll Regular Full-Time

    209

    211

    220

     

    Pupils On Roll - Special Full-Time

    32

    35

    36

     

    Subtotal - Pupils On Roll

    241

    246

    256

     

    Private School Placements

    1

    1

    2

     

    Pupils Sent to Other Dists - Spec Ed Prog

    2

    2

    1

     

    Pupils Received

    11

    23

    22

     

     

     

    Monmouth   - Monmouth Beach Boro

    Advertised Revenues

     

     

    Budget Category

    Account

    2016-17 Actual

    2017-18 Revised

    2018-19 Proposed

     

    Operating Budget:

     

     

     

     

     

    Revenues from Local Sources:

     

     

     

     

     

    Local Tax Levy

    10-1210

    4,444,880

    4,533,778

    4,624,453

     

    Total Tuition

    10-1300

    6,800

    0

    0

     

    Unrestricted Miscellaneous Revenues

    10-1XXX

    11,266

    30,000

    60,000

     

    Interest Earned On Maintenance Reserve

    10-1XXX

    0

    50

    50

     

    Interest Earned On Capital Reserve Funds

    10-1XXX

    1,548

    100

    100

     

    Subtotal - Revenues From Local Sources

     

    4,464,494

    4,563,928

    4,684,603

     

     

     

     

     

     

     

    Revenues from State Sources:

     

     

     

     

     

    Categorical Transportation Aid

    10-3121

    4,563

    4,563

    30,330

     

    Extraordinary Aid

    10-3131

    2,794

    0

    0

     

    Categorical Special Education Aid

    10-3132

    136,599

    136,599

    139,229

     

    Categorical Security Aid

    10-3177

    4,945

    4,945

    10,874

     

    Adjustment Aid

    10-3178

    1,986

    1,986

    0

     

    Parcc Readiness Aid

    10-3181

    2,650

    2,650

    0

     

    Per Pupil Growth Aid

    10-3182

    2,650

    2,650

    0

     

    Professional Learning Community Aid

    10-3183

    2,690

    2,690

    0

     

    Other State Aids

    10-3XXX

    3,444

    0

    0

     

    Subtotal - Revenues From State Sources

     

    162,321

    156,083

    180,433

     

     

     

     

     

     

     

    Budgeted Fund Balance - Operating Budget

    10-303

    0

    100,000

    148,099

     

    Withdrawal From Maint. Reserve

    10-310

    0

    0

    35,000

     

    Withdrawal From Current Expense Emergency Rsv

    10-312

    0

    60,000

    0

     

    Adjustment For Prior Year Encumbrances

     

    0

    293,498

    0

     

    Actual Revenues (Over)/Under Expenditures

     

    -213,089

    0

    0

     

    Total Operating Budget

     

    4,413,726

    5,173,509

    5,048,135

     

     

     

     

     

     

     

    Grants and Entitlements:

     

     

     

     

     

     

     

     

     

     

     

    Revenues from Federal Sources:

     

     

     

     

     

    Title I

    20-4411-4416

    30,272

    35,539

    30,208

     

    Title II

    20-4451-4455

    7,032

    0

    0

     

    Title IV

    20-4471-4474

    0

    10,000

    8,500

     

    I.D.E.A. Part B (Handicapped)

    20-4420-4429

    67,415

    61,095

    51,931

     

    Total Revenues From Federal Sources

     

    104,719

    106,634

    90,639

     

    Total Grants And Entitlements

     

    104,719

    106,634

    90,639

     

     

     

     

     

     

     

    Repayment of Debt:

     

     

     

     

     

     

     

     

     

     

     

    Revenues from Local Sources:

     

     

     

     

     

    Local Tax Levy

    40-1210

    227,500

    233,000

    240,672

     

    Total Revenues From Local Sources

     

    227,500

    233,000

    240,672

     

    Total Local Repayment Of Debt

     

    227,500

    233,000

    240,672

     

    Total Repayment Of Debt

     

    227,500

    233,000

    240,672

     

    Total Revenues/Sources

     

    4,745,945

    5,513,143

    5,379,446

     

    Total Revenues/Sources Net of Transfers

     

    4,745,945

    5,513,143

    5,379,446

     

     

     

     

                         

     

     

     

    Monmouth   - Monmouth Beach Boro

    Advertised Appropriations

     

     

    Budget Category

    Account

    2016-17 Actual

    2017-18 Revised

    2018-19 Proposed

     

     

     

     

     

     

     

    General Current Expense:

     

     

     

     

     

    Instruction:

     

     

     

     

     

    Regular Programs - Instruction

    11-1XX-100-XXX

    1,693,010

    1,873,546

    1,873,135

     

    Special Education - Instruction

    11-2XX-100-XXX

    246,369

    219,563

    225,695

     

    Basic Skills/Remedial - Instruction

    11-230-100-XXX

    57,634

    121,258

    118,929

     

    School-Spon. Co/Extra Curr. Actvts. - Inst

    11-401-100-XXX

    2,508

    7,000

    7,000

     

    School-Sponsored Athletics - Instruction

    11-402-100-XXX

    47,490

    42,000

    42,000

     

    Support Services:

     

     

     

     

     

    Undistributed Expenditures - Instruction (Tuition)

    11-000-100-XXX

    204,972

    237,304

    205,291

     

    Undist. Expenditures - Health Services

    11-000-213-XXX

    78,080

    81,776

    87,548

     

    Undist. Expend.-Speech, OT, PT And Related Svcs

    11-000-216-XXX

    52,816

    49,276

    63,505

     

    Undist. Expenditures - Child Study Teams

    11-000-219-XXX

    313,687

    368,796

    306,941

     

    Undist. Expend.-Improv. Of Inst. Serv.

    11-000-221-XXX

    37,561

    51,666

    51,166

     

    Undist. Expend.-Edu. Media Serv./Library

    11-000-222-XXX

    39,227

    29,925

    71,084

     

    Undist. Expend.-Instr. Staff Training Serv.

    11-000-223-XXX

    1,646

    27,000

    27,000

     

    Undist. Expend.-Support Serv.-Gen. Admin.

    11-000-230-XXX

    163,409

    164,941

    196,200

     

    Undist. Expend.-Support Serv.-School Admin.

    11-000-240-XXX

    130,226

    92,876

    79,709

     

    Undist. Expend. - Central Services

    11-000-251-XXX

    135,002

    106,750

    134,254

     

    Undist. Expend. - Admin. Info Technology

    11-000-252-XXX

    73,713

    76,400

    40,553

     

    Undist. Expend.-Oper. And Maint. Of Plant Serv.

    11-000-26X-XXX

    305,861

    416,238

    462,457

     

    Undist. Expend.-Student Transportation Serv.

    11-000-270-XXX

    94,711

    209,846

    142,000

     

    Personal Services - Employee Benefits

    11-XXX-XXX-2XX

    695,148

    865,068

    900,641

     

    Total Undistributed Expenditures

     

    2,326,059

    2,777,862

    2,768,349

     

    Interest Earned On Maintenance Reserve

    10-606

    0

    50

    50

     

    Total General Current Expense

     

    4,373,070

    5,041,279

    5,035,158

     

     

     

     

     

     

     

    Capital Expenditures:

     

     

     

     

     

    Equipment

    12-XXX-XXX-730

    8,939

    73,442

    0

     

    Facilities Acquisition And Const. Serv.

    12-000-400-XXX

    31,717

    58,688

    12,877

     

    Interest Deposit To Capital Reserve

    10-604

    0

    100

    100

     

    Total Capital Outlay

     

    40,656

    132,230

    12,977

     

    General Fund Grand Total

     

    4,413,726

    5,173,509

    5,048,135

     

     

     

     

     

     

     

    Special Grants and Entitlements:

     

     

     

     

     

    Federal Projects:

     

     

     

     

     

    Title I

    20-XXX-XXX-XXX

    30,272

    35,539

    30,208

     

    Title II

    20-XXX-XXX-XXX

    7,032

    0

    0

     

    Title IV

    20-XXX-XXX-XXX

    0

    10,000

    8,500

     

    I.D.E.A. Part B (Handicapped)

    20-XXX-XXX-XXX

    67,415

    61,095

    51,931

     

    Total Federal Projects

    20-XXX-XXX-XXX

    104,719

    106,634

    90,639

     

    Total Special Revenue Funds

     

    104,719

    106,634

    90,639

     

     

     

     

     

     

     

    Repayment of Debt:

     

     

     

     

     

    Total Regular Debt Service

    40-701-510-XXX

    227,500

    233,000

    240,672

     

    Total Debt Service Funds

     

    227,500

    233,000

    240,672

     

    Total Expenditures/Appropriations

     

    4,745,945

    5,513,143

    5,379,446

     

    Total Expenditures Net of Transfers

     

    4,745,945

    5,513,143

    5,379,446

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

                 

     

     

    Monmouth   - Monmouth Beach Boro

    Advertised Recapitulation of Balances

     

     

    Budget Category

    Audited Balance 06-30-2016

    Audited Balance 06-30-2017

    Estimated Balance 06-30-2018

    Estimated Balance 06-30-2019

     

    Unrestricted:

     

     

     

     

     

    --General Operating Budget

    202,863

    356,238

    256,238

    149,113

     

    --Repayment of Debt

    0

    0

    0

    0

     

    Restricted for Specific Purposes - General Operating Budget:

     

     

     

     

     

    --Capital Reserve

    1,390,733

    192,170

    192,270

    192,370

     

    --Adult Education Programs

    0

    0

    0

    0

     

    --Maintenance Reserve

    170,032

    170,032

    170,082

    135,132

     

    --Legal Reserve

    283,506

    40,974

    40,974

    0

     

    --Tuition Reserve

    0

    0

    0

    0

     

    --Current Expense Emergency Reserve

    70,000

    70,000

    10,000

    10,000

     

    --Impact Aid Reserve for General Expenses (Sections 8002 and 8003)

    0

    0

    0

    0

     

    --Impact Aid Reserve for Capital Expenses (Sections 8007 and 8008)

    0

    0

    0

    0

     

    Repayment of Debt:

     

     

     

     

     

    --Restricted for Repayment of Debt

    0

    0

    0

    0

     

                 

     

    Monmouth   - Monmouth Beach Boro

    Advertised Per Pupil Cost Calculations

     

     

    Per Pupil Cost Calculations

    2015-16 Actual Costs

    2016-17 Actual Costs

    2017-18 Original Budget

    2017-18 Revised Budget

    2018-19 Proposed Budget

     

    Total Budgetary Comparative Per Pupil Cost

    $15,491

    $17,067

    $17,987

    $18,675

    $18,312

     

    Total Classroom Instruction

    $9,726

    $10,342

    $11,134

    $11,404

    $11,047

     

    Classroom-Salaries and Benefits

    $8,998

    $9,598

    $10,257

    $10,475

    $10,159

     

    Classroom-General Supplies and Textbooks

    $500

    $463

    $518

    $522

    $521

     

    Classroom-Purchased Services

    $228

    $281

    $358

    $407

    $366

     

    Total Support Services

    $1,995

    $2,577

    $2,709

    $2,961

    $2,914

     

    Support Services-Salaries and Benefits

    $1,577

    $1,877

    $2,083

    $2,127

    $2,310

     

    Total Administrative Costs

    $1,896

    $2,485

    $2,031

    $2,134

    $2,089

     

    Administration Salaries and Benefits

    $1,547

    $1,847

    $1,391

    $1,489

    $1,397

     

    Total Operations and Maintenance of Plant

    $1,573

    $1,404

    $1,813

    $1,870

    $1,966

     

    Operations and Maintenance-Salaries and Benefits

    $497

    $597

    $748

    $775

    $681

     

    Board Contribution to Food Services

    $0

    $0

    $0

    $0

    $0

     

    Total Extracurricular Costs

    $300

    $258

    $241

    $245

    $237

     

    Total Equipment Costs

    $265

    $37

    $242

    $299

    $0

     

    Legal Costs

    $55

    $84

    $40

    $41

    $39

     

    Employee Benefits as a percentage of salaries*

    24.38%

    25.91%

    28.10%

    29.76%

    30.66%

     

     

     

    *Does not include pension and social security paid by the State on-behalf of the district.

    ** Federal and State funds in the blended resource school-based budgets.

     

    The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the Taxpayers Guide to Education Spending and can be found on the Department of Education website: http://www.state.nj.us/education/guide/. This publication is also available in the board office and public libraries. The same calculations were performed using the 2017-18 revised appropriations and the 2018-19 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 comparative per pupil cost, although all components are not shown.

     

     

    The complete budget will be on file and open to examination at the Monmouth Beach Board of Education Office at 7 Hastings Place, Monmouth Beach, NJ 07750 between the hours of 9:00 am and 1:00 pm Monday through Friday, excluding holidays.

    The school district has proposed programs and services in addition to the Core Curriculum Content Standards adopted by the State Board of Education.