03/13/2008 CAPE MAY - LOWER CAPE MAY REGIONAL
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2006 October 15, 2007 October 15, 2008
Actual Actual Estimated
Pupils on Roll Regular Full-Time 1346 1320 1303
Pupils on Roll - Special Full-Time 402 409 423
Pupils on Roll - Special Shared-Time 32 22 18
Private School Placements 3 5 8
Pupils Sent to Other Districts-Reg Prog 7 10
Pupils Sent to Other Dists-Spec Ed Prog 45 49 65
Pupils Received 3 2 1
Pupils in State Facilities 13 11 11
CAPE MAY - LOWER CAPE MAY REGIONAL
Advertised Revenues
Budget Category Account 2006-07 2007-08 2008-09
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 736,758 594,553
Transfers from Other Funds 10-5200 267,363
Revenues from Local Sources:
Local Tax Levy 10-1210 15,107,882 15,497,072 16,116,955
Tuition 10-1300 27,592 4,754
Transportation Fees from Other LEAs 10-1420-1440 148,383 200,000 200,000
Interest Earned on Capital Reserve Funds 10-1XXX 438 125
Unrestricted Miscellaneous Revenues 10-1XXX 256,021 150,000 150,000
SUBTOTAL 15,540,316 15,851,826 16,467,080
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 3,107,196 3,107,196
Transportation Aid 10-3120 1,001,184 1,001,184
Special Education Aid 10-3130 1,589,757 1,589,757
Bilingual Education 10-3140 10,512 10,512
Stabilization Aid 10-3171 1,658,203 1,658,203
Extraordinary Aid 10-3131 20,459 27,884
Consolidated Aid 10-3195 206,274 206,274
Additional Formula Aid 10-3196 273,147 554,489
Other State Aids 10-3XXX 5,216
Categorical Special Education Aid 10-3132 844,887
Categorical Security Aid 10-3177 282,735
Adjustment Aid 10-3178 8,102,830
Categorical Transportation Aid 10-3121 928,543
SUBTOTAL 7,871,948 8,127,615 10,186,879
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 2,406 1,000
SUBTOTAL 2,406 1,000
Adjustment for Prior Year Encumbrances 1,512
Actual Revenues (Over)/Under Expenditures 104,633
TOTAL OPERATING BUDGET 23,519,303 24,718,711 27,515,875
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 430
Revenues from State Sources:
Demonstrably Effect Prog Aid - Pr Year Carryover 20-3212 15,709 10,177
Demonstrably Effective Program Aid 20-3212 1,531,782 1,531,782
Other Restricted Entitlements 20-32XX 23,341 25,042 21,285
TOTAL REVENUES FROM STATE SOURCES 1,570,832 1,567,001 21,285
Revenues from Federal Sources:
Title I 20-4411-4416 226,387 189,765 161,300
Title VI 20-4417-4418 3,232 2,747
I.D.E.A. Part B (Handicapped) 20-4420-4429 433,321 442,092 375,778
Other 20-4XXX 254,334 81,894 69,610
TOTAL REVENUES FROM FEDERAL SOURCES 914,042 716,983 609,435
TOTAL GRANTS AND ENTITLEMENTS 2,485,304 2,283,984 630,720
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 21,066 180,137
Revenues from Local Sources:
Local Tax Levy 40-1210 1,391,106 1,400,984 1,212,021
Miscellaneous 40-1XXX 35,872
TOTAL REVENUES FROM LOCAL SOURCES 1,426,978 1,400,984 1,212,021
Revenues from State Sources:
Debt Service Aid Type II 40-3160 186,051 184,255 180,992
TOTAL LOCAL REPAYMENT OF DEBT 1,613,029 1,606,305 1,573,150
Actual Revenues (Over)/Under Expenditures -133,268
TOTAL REPAYMENT OF DEBT 1,479,761 1,606,305 1,573,150
TOTAL REVENUES/SOURCES 27,484,368 28,609,000 29,719,745
CAPE MAY - LOWER CAPE MAY REGIONAL
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 7,528,073 7,365,489 8,821,932
Special Education 11-2XX-100-XXX 1,904,030 2,167,503 2,233,795
Bilingual Education 11-240-100-XXX 21,797 18,000 18,000
Vocational Programs - Local 11-3XX-100-XXX 27,001 30,000 30,000
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 144,377 141,842 157,771
School Sponsored Athletics 11-402-100-XXX 447,286 478,877 496,405
Other Instructional Programs 11-4XX-100-XXX 10,000 10,000
Support Services:
Tuition 11-000-100-XXX 2,517,262 2,740,754 3,043,354
Attendance and Social Work Services 11-000-211-XXX 42,797 36,457 32,278
Health Services 11-000-213-XXX 196,116 206,965 216,642
Students - Related & Extraordinary 11-000-216,217 22,377 42,843 44,831
Guidance 11-000-218-XXX 559,445 574,368 562,393
Child Study Teams 11-000-219-XXX 524,018 571,323 651,807
Improvement of Instructional Services 11-000-221-XXX 285,641 350,860 374,557
Educational Media Services - School Library 11-000-222-XXX 243,857 299,645 562,448
Instructional Staff Training Services 11-000-223-XXX 30,000 42,000 42,000
General Administration 11-000-230-XXX 490,226 565,737 589,940
School Administration 11-000-240-XXX 870,868 868,857 896,640
Central Svcs & Admin Info Technology 11-000-25X-XXX 308,779 390,563 329,384
Deposit to Maintenance Reserve 10-606 267,363
Operation and Maintenance of Plant Services 11-000-26X-XXX 2,133,114 2,237,363 2,338,059
Student Transportation Services 11-000-270-XXX 1,210,771 1,331,920 1,362,854
Personal Services - Employee Benefits 11-XXX-XXX-2XX 3,546,466 3,734,845 3,896,797
Food Services 11-000-310-XXX 161,000 135,000 165,000
Total Support Services Expenditures 13,142,737 14,129,500 15,108,984
TOTAL GENERAL CURRENT EXPENSE 23,215,301 24,341,211 27,144,250
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604 125
Equipment 12-XXX-XXX-73X 256,768 352,000 352,000
Facilities Acquisition and Construction Services 12-000-4XX-XXX 8,950
TOTAL CAPITAL EXPENDITURES 265,718 352,000 352,125
SPECIAL SCHOOLS
Adult Education - Local:
Instruction 13-602-100-XXX 29,334 25,500 19,500
Total Adult Education - Local 29,334 25,500 19,500
TOTAL SPECIAL SCHOOLS 29,334 25,500 19,500
Transfer of Funds to Charter Schools 10-000-100-56X 8,950
OPERATING BUDGET GRAND TOTAL 23,519,303 24,718,711 27,515,875
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX 430
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX 1,537,891 1,541,959
Support Services 20-212-200-XXX 9,600
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 1,547,491 1,541,959
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX 4,242 3,186 2,708
Nonpublic Auxiliary Services 20-XXX-XXX-XXX 8,179 12,939 10,998
Nonpublic Nursing Services 20-XXX-XXX-XXX 5,643 4,400 3,740
Nonpublic Technology Initiative 20-XXX-XXX-XXX 3,040 2,280 1,938
Other Special Projects 20-XXX-XXX-XXX 2,237 2,237 1,901
Total State Projects 1,570,832 1,567,001 21,285
Federal Projects:
Title I 20-XXX-XXX-XXX 226,387 189,765 161,300
Title VI 20-XXX-XXX-XXX 3,232 2,747
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 433,321 442,092 375,778
Other Special Projects 20-XXX-XXX-XXX 254,334 81,894 69,610
Total Federal Projects 914,042 716,983 609,435
TOTAL GRANTS AND ENTITLEMENTS 2,485,304 2,283,984 630,720
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 1,479,761 1,606,305 1,573,150
TOTAL REPAYMENT OF DEBT 1,479,761 1,606,305 1,573,150
Total Expenditures 27,484,368 28,609,000 29,719,745
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 27,484,368 28,609,000 29,719,745
CAPE MAY - LOWER CAPE MAY REGIONAL
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 477,532 546,061 546,061 494,344
Repayment of Debt 67,935 201,203 180,137 0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve 11,284 11,392 11,392 11,517
Adult Education Programs 0 0 0 0
Maintenance Reserve 0 0 0 267,363
Legal Reserve 1,273,766 1,229,594 542,836 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 CAPE MAY REGIONAL
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 11170 12051 12311 12535 12951
Total Classroom Instruction 6998 7665 7667 7783 7860
Classroom-Salaries and Benefits 6613 7223 7246 7285 7543
Classroom-General Supplies and Textbooks 364 429 345 447 240
Classroom-Purchased Services and Other 21 13 76 51 77
Total Support Services 1266 1321 1469 1481 1706
Support Services-Salaries and Benefits 1128 1199 1359 1369 1415
Total Administrative Costs 1114 1122 1194 1231 1229
Administration-Salaries and Benefits 810 881 925 956 946
Total Operations and Maintenance of Plant 1232 1348 1368 1427 1497
Operations & Maintenance of Plant-Salary & Ben. 631 672 739 744 777
Total Food Services Costs 92 92 76 78 95
Total Extracurricular Costs 368 394 419 417 442
Total Equipment Costs 73 147 199 202 203
Employee Benefits as a % of Salaries 22.1 23.0 24.6 23.5 23.9
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 CAPE MAY REGIONAL
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 - LOWER CAPE MAY REGIONAL
Shared Services -- Description of Shared Services
_________________________________________________
The Lower Cape May Reional School district is very active in the area of
shared and interlocal services. the following is a representaive listing
of current agreements:
Cape May City Elementary School - Child Study Team
Technology
Web Design
NP Transportation
West Cape May Elementary School - Guidance
Lower Township Ellementary School- Web Design
NP Transportation
The Township of Lower - Web Design
School Resource Officer
Public Works
CAPE MAY - LOWER CAPE MAY REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
CAPE MAY CITY
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 4,636,674 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 ) 2,204,049,457 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.2104 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 4,985,359 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 ) 2,204,049,457 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.2262 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
CAPE MAY CITY
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 4,636,674 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 2,659,813,227 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.1743 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 4,985,359 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 2,659,813,227 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.1874 (L)
CAPE MAY - LOWER CAPE MAY REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
LOWER TWP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 10,026,838 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 ) 4,702,561,453 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.2132 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 10,780,872 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 ) 4,702,561,453 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.2293 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
LOWER TWP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 10,026,838 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 4,418,014,731 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.2270 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 10,780,872 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 4,418,014,731 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.2440 (L)
CAPE MAY - LOWER CAPE MAY REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
WEST CAPE MAY
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 1,453,444 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 ) 507,539,041 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.2864 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 1,562,745 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 ) 507,539,041 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.3079 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
WEST CAPE MAY
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 1,453,444 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 488,215,593 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.2977 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 1,562,745 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 488,215,593 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.3201 (L)