03/19/2008 MONMOUTH - MATAWAN-ABERDEEN REGIONAL
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2006 October 15, 2007 October 15, 2008
Actual Actual Estimated
Pupils on Roll Regular Full-Time 3413 3445 3493
Pupils on Roll Regular Shared-Time 108 23 23
Pupils on Roll - Special Full-Time 249 261 261
Pupils on Roll - Special Shared-Time 51 35 35
Private School Placements 52 47 47
Pupils Sent to Other Districts-Reg Prog 4 4 2
Pupils Sent to Other Dists-Spec Ed Prog 29 28 29
Pupils in State Facilities 9 2
MONMOUTH - MATAWAN-ABERDEEN REGIONAL
Advertised Revenues
Budget Category Account 2006-07 2007-08 2008-09
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 946,461 1,292,837
Revenues from Local Sources:
Local Tax Levy 10-1210 42,394,422 43,449,970 44,326,599
Tuition 10-1300 64,200 69,300
Transportation Fees from Individuals 10-1410 76,825 10,000 10,000
Transportation Fees from Other LEAs 10-1420-1440 45,501 30,000 60,000
Interest Earned on Capital Reserve Funds 10-1XXX 608 250 250
Unrestricted Miscellaneous Revenues 10-1XXX 488,574 547,400 470,000
SUBTOTAL 43,005,930 44,101,820 44,936,149
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 3,281,663 3,281,663
Supplemental Core Curriculum Standards Aid 10-3112 3,880,387 3,880,387
Transportation Aid 10-3120 855,252 855,252
Special Education Aid 10-3130 2,123,146 2,123,146
Bilingual Education 10-3140 80,592 80,592
Extraordinary Aid 10-3131 226,568 341,768
Consolidated Aid 10-3195 435,698 435,698
Additional Formula Aid 10-3196 329,495 668,875
Other State Aids 10-3XXX 18,565 223,194
Categorical Special Education Aid 10-3132 2,010,153
Equalization Aid 10-3176 9,762,632
Categorical Security Aid 10-3177 407,357
Categorical Transportation Aid 10-3121 804,495
SUBTOTAL 11,231,366 11,548,807 13,326,405
Adjustment for Prior Year Encumbrances 361,024
Actual Revenues (Over)/Under Expenditures 225,006
TOTAL OPERATING BUDGET 54,462,302 56,958,112 59,555,391
GRANTS AND ENTITLEMENTS
Revenues from Local Sources 20-1XXX 8,252 10,000
Revenues from State Sources:
Demonstrably Effect Prog Aid - Pr Year Carryover 20-3212 2,713
Demonstrably Effective Program Aid 20-3212 141,005 142,329
Instructional Supplement Aid 20-3214 184,095 184,097
Other Restricted Entitlements 20-32XX 58,279 236,905 59,424
TOTAL REVENUES FROM STATE SOURCES 386,092 563,331 59,424
Revenues from Federal Sources:
Title I 20-4411-4416 274,366 301,109 279,124
I.D.E.A. Part B (Handicapped) 20-4420-4429 789,810 789,584 815,415
Other 20-4XXX 96,856 148,482 145,617
TOTAL REVENUES FROM FEDERAL SOURCES 1,161,032 1,239,175 1,240,156
TOTAL GRANTS AND ENTITLEMENTS 1,555,376 1,812,506 1,299,580
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 1
Revenues from Local Sources:
Local Tax Levy 40-1210 2,426,945 2,427,268 2,478,605
Miscellaneous 40-1XXX 1
TOTAL REVENUES FROM LOCAL SOURCES 2,426,946 2,427,268 2,478,605
Revenues from State Sources:
Debt Service Aid Type II 40-3160 69,412 69,763 22,439
TOTAL LOCAL REPAYMENT OF DEBT 2,496,358 2,497,031 2,501,045
Actual Revenues (Over)/Under Expenditures -1
TOTAL REPAYMENT OF DEBT 2,496,357 2,497,031 2,501,045
TOTAL REVENUES/SOURCES 58,514,035 61,267,649 63,356,016
MONMOUTH - MATAWAN-ABERDEEN 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 17,208,718 16,675,565 19,015,924
Special Education 11-2XX-100-XXX 2,385,580 2,612,493 2,718,948
Basic Skills/Remedial 11-230-100-XXX 1,288,596 1,834,324 2,229,603
Bilingual Education 11-240-100-XXX 264,355 261,402 279,953
Vocational Programs - Local 11-3XX-100-XXX 75,873 79,031 61,000
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 321,675 274,628 292,753
School Sponsored Athletics 11-402-100-XXX 634,245 751,176 794,594
Support Services:
Tuition 11-000-100-XXX 4,376,673 4,873,962 5,283,838
Attendance and Social Work Services 11-000-211-XXX 107,727 84,283 22,281
Health Services 11-000-213-XXX 649,471 608,905 622,623
Students - Related & Extraordinary 11-000-216,217 366,310 439,912 522,861
Guidance 11-000-218-XXX 1,021,766 940,314 1,087,051
Child Study Teams 11-000-219-XXX 1,424,220 1,380,860 1,500,818
Improvement of Instructional Services 11-000-221-XXX 637,460 650,069 695,035
Educational Media Services - School Library 11-000-222-XXX 568,891 498,767 543,557
Instructional Staff Training Services 11-000-223-XXX 42,769 51,782 40,750
General Administration 11-000-230-XXX 878,517 1,173,672 1,077,753
School Administration 11-000-240-XXX 2,371,097 2,454,726 2,390,402
Central Svcs & Admin Info Technology 11-000-25X-XXX 952,922 1,199,492 1,160,582
Operation and Maintenance of Plant Services 11-000-26X-XXX 5,870,520 5,542,177 6,053,864
Student Transportation Services 11-000-270-XXX 2,368,427 2,702,729 2,892,374
Personal Services - Employee Benefits 11-XXX-XXX-2XX 8,954,909 10,260,632 9,517,998
Total Support Services Expenditures 30,591,679 32,862,282 33,411,787
TOTAL GENERAL CURRENT EXPENSE 52,770,721 55,350,901 58,804,562
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve 10-604 250 250
Equipment 12-XXX-XXX-73X 549,137 328,579 153,974
Facilities Acquisition and Construction Services 12-000-4XX-XXX 1,070,670 1,164,862 495,000
TOTAL CAPITAL EXPENDITURES 1,619,807 1,493,691 649,224
SPECIAL SCHOOLS
Summer School:
Instruction 13-422-100-XXX 71,774 113,520 101,605
Total Summer School 71,774 113,520 101,605
TOTAL SPECIAL SCHOOLS 71,774 113,520 101,605
OPERATING BUDGET GRAND TOTAL 54,462,302 56,958,112 59,555,391
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects 20-XXX-XXX-XXX 8,252 10,000
Demonstrably Effective Program Aid:
Instruction 20-212-100-XXX 124,491 142,329
Support Services 20-212-200-XXX 19,227
TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID 143,718 142,329
Instructional Supplement Aid:
Instruction 20-214-100-XXX 184,095 184,097
TOTAL INSTRUCTIONAL SUPPLEMENT AID 184,095 184,097
Other State Projects:
Nonpublic Textbooks 20-XXX-XXX-XXX 11,211 12,278 11,402
Nonpublic Auxiliary Services 20-XXX-XXX-XXX 999 545 995
Nonpublic Handicapped Services 20-XXX-XXX-XXX 9,047 9,807 14,211
Nonpublic Nursing Services 20-XXX-XXX-XXX 16,335 16,335 21,616
Nonpublic Technology Initiative 20-XXX-XXX-XXX 10,440 10,440 11,200
Other Special Projects 20-XXX-XXX-XXX 10,247 187,500
Total State Projects 386,092 563,331 59,424
Federal Projects:
Title I 20-XXX-XXX-XXX 274,366 301,109 279,124
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 789,810 789,584 815,415
Other Special Projects 20-XXX-XXX-XXX 96,856 148,482 145,617
Total Federal Projects 1,161,032 1,239,175 1,240,156
TOTAL GRANTS AND ENTITLEMENTS 1,555,376 1,812,506 1,299,580
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 2,496,357 2,497,031 2,501,045
TOTAL REPAYMENT OF DEBT 2,496,357 2,497,031 2,501,045
Total Expenditures 58,514,035 61,267,649 63,356,016
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 58,514,035 61,267,649 63,356,016
MONMOUTH - MATAWAN-ABERDEEN 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 1,835,724 1,200,543 1,094,246 1,094,246
Repayment of Debt 0 1 1 0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve 21,753 22,361 22,611 22,861
Adult Education Programs 0 0 0 0
Maintenance Reserve 0 0 0 0
Legal Reserve 1,021,280 2,128,001 1,292,837 0
Tuition Reserve 0 0 0 0
Current Expense Emergency Reserve 0 0 0 0
Reserved for Repayment of Debt 0 0 0 0
MONMOUTH - MATAWAN-ABERDEEN 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 11789 12410 12227 12878 13383
Total Classroom Instruction 6954 7265 7183 7553 8036
Classroom-Salaries and Benefits 6543 6974 6893 7313 7747
Classroom-General Supplies and Textbooks 373 282 263 231 273
Classroom-Purchased Services and Other 38 9 27 8 16
Total Support Services 1470 1609 1569 1591 1645
Support Services-Salaries and Benefits 1357 1479 1432 1468 1508
Total Administrative Costs 1343 1383 1410 1595 1476
Administration-Salaries and Benefits 1126 1198 1169 1288 1215
Total Operations and Maintenance of Plant 1701 1768 1657 1705 1797
Operations & Maintenance of Plant-Salary & Ben. 912 914 903 941 947
Total Food Services Costs 0 0
Total Extracurricular Costs 253 304 315 331 339
Total Equipment Costs 167 147 54 88 41
Employee Benefits as a % of Salaries 27.3 27.4 30.2 30.7 26.3
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.
MONMOUTH - MATAWAN-ABERDEEN REGIONAL
Shared Services -- Description of Shared Services
_________________________________________________
Co-op with Hazlet and Keyport BOE for refuse/recyling.
Town has provided clean up of parking lot.
Currently, working on Co-Op bids for various services.
MOESC co-op with natural gas purchase.
Aces- electricity purchase.
Township and Boro use of school facilities for recreation programs, profe
ssional development and misc. Monmouth County Health Dept usage of facili
ties for flu/pneumonia vaccine distribution. Barious charitable organiza
tions usage of facilities.
The District is part of the E-Rate program.
MONMOUTH - MATAWAN-ABERDEEN REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
MATAWAN BOROUGH
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 14,274,788 (A)
Estimated Net Taxable Valuation (as of 02/25/2008 ) 1,035,956,127 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 1.3779 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 15,072,615 (D)
Estimated Net Taxable Valuation (as of 02/25/2008 ) 1,035,956,127 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 1.4549 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
MATAWAN BOROUGH
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 14,274,788 (G)
Estimated Equalized Valuation (as of 02/25/2008 ) 1,077,033,003 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 1.3254 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 15,072,615 (J)
Estimated Equalized Valuation (as of 02/25/2008 ) 1,077,033,003 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 1.3995 (L)
MONMOUTH - MATAWAN-ABERDEEN REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
ABERDEEN TOWNSHIP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 29,613,496 (A)
Estimated Net Taxable Valuation (as of 02/25/2008 ) 843,985,292 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 3.5088 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 31,268,606 (D)
Estimated Net Taxable Valuation (as of 02/25/2008 ) 843,985,292 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 3.7049 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
ABERDEEN TOWNSHIP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 29,613,496 (G)
Estimated Equalized Valuation (as of 02/25/2008 ) 2,220,059,326 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 1.3339 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 31,268,606 (J)
Estimated Equalized Valuation (as of 02/25/2008 ) 2,220,059,326 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 1.4085 (L)