03/17/2009                                           OCEAN  -  OCEAN GATE BORO

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2007         October 15, 2008         October 15, 2009
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       126                      148                      148


      Pupils on Roll - Special Full-Time                      16                       14                       14

      Private School Placements                                1                        2                        2


      Pupils Sent to Other Dists-Spec Ed Prog                  1
 


                                                      OCEAN - OCEAN GATE BORO

                                                      Advertised Revenues

      Budget Category                                        Account             2007-08          2008-09          2009-10
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                      95,964          339,034

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 1,471,435        1,530,292        1,498,990
      Interest Earned on Maintenance Reserve                10-1XXX                                                         725
      Unrestricted Miscellaneous Revenues                   10-1XXX                    23,639           10,000
      SUBTOTAL                                                                      1,495,074        1,540,292        1,499,715

      Revenues from State Sources:                                         
      Core Curriculum Standards Aid                         10-3111                   546,906
      Transportation Aid                                    10-3120                    21,707
      Special Education Aid                                 10-3130                   196,718
      Extraordinary Aid                                     10-3131                     4,601
      Consolidated Aid                                      10-3195                    18,251
      Additional Formula Aid                                10-3196                    43,433
      Other State Aids                                      10-3XXX                    35,941
      Categorical Special Education Aid                     10-3132                                     58,335           74,293
      Equalization Aid                                      10-3176                                    516,660          864,654
      Categorical Security Aid                              10-3177                                     26,783           38,201
      Adjustment Aid                                        10-3178                                    380,157              699
      Categorical Transportation Aid                        10-3121                                      7,437           11,525
      SUBTOTAL                                                                        867,557          989,372          989,372
      Adjustment for Prior Year Encumbrances                                                            52,423
      Actual Revenues (Over)/Under Expenditures                                      -281,796
      TOTAL OPERATING BUDGET                                                        2,080,835        2,678,051        2,828,121
      GRANTS AND ENTITLEMENTS

      Revenues from State Sources:                                         
      Early Childhood Program Aid                           20-3211                   104,228
      Demonstrably Effective Program Aid                    20-3212                    65,406
      Preschool Education Aid                               20-3218                                    109,353          109,353
      Other Restricted Entitlements                         20-32XX                    42,173
      TOTAL REVENUES FROM STATE SOURCES                                               211,807          109,353          109,353

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               35,424           36,678           30,000
      I.D.E.A. Part B (Handicapped)                         20-4420-4429               40,745           40,614           32,000
      Other                                                 20-4XXX                     6,400
      TOTAL REVENUES FROM FEDERAL SOURCES                                              82,569           77,292           62,000
      TOTAL GRANTS AND ENTITLEMENTS                                                   294,376          186,645          171,353
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                      10,935           20,010

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   135,991           68,412           89,689
      Miscellaneous                                         40-1XXX                    20,009
      TOTAL REVENUES FROM LOCAL SOURCES                                               156,000           68,412           89,689

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                    76,755          148,697          115,579
      TOTAL LOCAL REPAYMENT OF DEBT                                                   232,755          228,044          225,278
      Actual Revenues (Over)/Under Expenditures                                       -19,705
      TOTAL REPAYMENT OF DEBT                                                         213,050          228,044          225,278
      TOTAL REVENUES/SOURCES                                                        2,588,261        3,092,740        3,224,752
                                                      OCEAN - OCEAN GATE BORO

                                                   Advertised Appropriations

                Budget Category                                Account          2007-08          2008-09         2009-10 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX            574,602          717,319          693,592
      Special Education                                     11-2XX-100-XXX             75,924          132,226          250,001
      Basic Skills/Remedial                                 11-230-100-XXX                                              106,335
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX                                 600              600
      Support Services:
      Tuition                                               11-000-100-XXX             72,125          215,111          178,488
      Attendance and Social Work Services                   11-000-211-XXX              2,850            3,439            3,300
      Health Services                                       11-000-213-XXX             50,739           57,980           56,900
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217             33,886          130,388          115,649
      Guidance                                              11-000-218-XXX             21,490           23,417           22,941
      Child Study Teams                                     11-000-219-XXX             96,116          118,950          106,315
      Improvement of Instructional Services                 11-000-221-XXX             47,033           53,991           52,250
      Educational Media Services - School Library           11-000-222-XXX             32,991           41,972           43,725
      Instructional Staff Training Services                 11-000-223-XXX              6,428           19,430           24,500
      General Administration                                11-000-230-XXX             64,154           71,224           78,389
      School Administration                                 11-000-240-XXX             72,432           69,006           49,689
      Central Svcs & Admin Info Technology                  11-000-25X-XXX             99,922          101,702           90,485
      Deposit to Maintenance Reserve                        10-606                                      25,000           81,912
      Interest Earned on Maintenance Reserve                10-606                                                          725
      Operation and Maintenance of Plant Services           11-000-26X-XXX            336,159          318,718          264,198
      Student Transportation Services                       11-000-270-XXX             58,968          109,031           87,500
      Deposit to Current Expense Emergency Reserve          10-607                                                       55,026
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX            343,823          430,637          432,801
      Food Services                                         11-000-310-XXX             14,626            7,500
      Total Support Services Expenditures                                           1,353,742        1,772,496        1,607,130
      TOTAL GENERAL CURRENT EXPENSE                                                 2,004,268        2,647,641        2,795,321

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X             53,229
      TOTAL CAPITAL EXPENDITURES                                                       53,229

      SPECIAL SCHOOLS
      Summer School:
      Instruction                                           13-422-100-XXX             19,033           24,405           27,000
      Support Services                                      13-422-200-XXX              4,305            6,005            5,800
      Total Summer School                                                              23,338           30,410           32,800
      TOTAL SPECIAL SCHOOLS                                                            23,338           30,410           32,800
      OPERATING BUDGET GRAND TOTAL                                                  2,080,835        2,678,051        2,828,121

      SPECIAL GRANTS AND ENTITLEMENTS
      Instruction                                           20-218-100-XXX             90,610           60,926           73,296
      Preschool Education Aid:
      Support Services                                      20-218-200-XXX             13,618           48,427           36,057
      TOTAL PRESCHOOL EDUCATION AID                                                   104,228          109,353          109,353
      Demonstrably Effective Program Aid:
      Instruction                                           20-212-100-XXX             65,406
      TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID                                         65,406
      Other State Projects:
      Other Special Projects                                20-XXX-XXX-XXX             42,173
      Total State Projects                                                            211,807          109,353          109,353
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX             35,424           36,678           30,000
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX             40,745           40,614           32,000
      Other Special Projects                                20-XXX-XXX-XXX              6,400
      Total Federal Projects                                                           82,569           77,292           62,000
      TOTAL GRANTS AND ENTITLEMENTS                                                   294,376          186,645          171,353

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            213,050          228,044          225,278
      TOTAL REPAYMENT OF DEBT                                                         213,050          228,044          225,278
      Total Expenditures                                                            2,588,261        3,092,740        3,224,752

      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                                           2,588,261        3,092,740        3,224,752

                                                      OCEAN  -  OCEAN GATE BORO

                                          Advertised Recapitulation of Balance

                                                              Audited               Audited              Estimated             Estimated
                                                              Balance               Balance               Balance               Balance
      Budget Category                                        6/30/2007             6/30/2008             6/30/2009             6/30/2010

      Unreserved:
        General Operating Budget                               251,970               257,614               255,644               250,000
        Repayment of Debt                                       11,240                30,945                20,010                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                          0                     0                     0                     0
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0               100,000               125,000               207,637
            Legal Reserve                                      145,235               427,384               333,390                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                55,026
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                      OCEAN  -  OCEAN GATE BORO

                                               Advertised Per Pupil Cost Calculations

                                                     2009 - 2010

                                                    2006-07        2007-08           2008-09       2008-09       2009-2010
                                                     Actual         Actual           Original      Revised       Proposed
                                                                                      Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            (2)              (3)           (4)            (5)

Total Comparative Per Pupil Cost                           12263           13900          13308          14863          15438
Total Classroom Instruction                                 6278            6955           6640           7296           8736
Classroom-Salaries and Benefits                             5816            6471           6017           6615           7947
Classroom-General Supplies and Textbooks                     314             382            328            359            517
Classroom-Purchased Services and Other                       147             103            295            322            272
Total Support Services                                      2461            2508           3311           3637           3235
Support Services-Salaries and Benefits                      1896            1943           2711           2981           2250
Total Administrative Costs                                  1912            1880           1663           1826           1683
Administration-Salaries and Benefits                        1516            1528           1345           1479           1474
Total Operations and Maintenance of Plant                   1489            2451           1647           2053           1773
Operations & Maintenance of Plant-Salary & Ben.              557             651            581            565            628
Total Food Services Costs                                     96             100             42             46              0
Total Extracurricular Costs                                    0               0              4              4              5
Total Equipment Costs                                          0             362              0              0              0
Employee Benefits as a % of Salaries                        29.3            27.8           30.7           30.7           29.3


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2009 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 2008-09 revised appropriations and 2009-10 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.

                                                     OCEAN  -  OCEAN GATE BORO

                Unusual Revenues and Appropriations
                ___________________________________

Line Number   Revenue Source or               09-10 Amount           Description of circumstances
                Approp. Due to    



Total Unusual Revenues: 
                                   0                   Total Unusual Appropriations:               0

                              OCEAN  -  OCEAN GATE BORO

Shared Services -- Description of Shared Services
_________________________________________________

  1. NJSBA/ACES/Gabel Assocs. - Statewide Competitive Energy Services.     
  2. MOCSSIF Shared Service Insurance Fund - Comp maint/Liability, Student,
     E&O, etc., Monmouth & Ocean Counties.                                 
  3. Bergen & Ocean Counties - Bank Consortium with TD Bank as the service 
     provider/bank depository services.                                    
  4. Monmouth Ocean Educational Services Commission                        
       a. Cooridnated Special Ed Transport.                                
       b. Printer consumable supplies.                                     
       c. Long Range Facility Reporting                                    
  5. Alliance for Competitive Telecommunications - X-Tel                   
     FCC E-Rate Program/Communications reimbursement.                      
  6. Central Regional High School BOE                                      
       a. Cooperative Food Service Management.                             
       b. Cooperative Transportation for Non-Public Students.              
  7. Glen Rock BOE/EDS (Education Data Services, Inc.) - Educational Cooper
     ative Pricing System.                                                 
       a. Classroom supplies.                                              
       b. Paper supplies.                                                  
       c. Custodial/Maintenance Supplies.                                  
  8. Asbury Park BOE - Information Technology Center                       
       a. Payroll & personnel system services                              
  9. Ocean Gate Borough                                                    
       a. Snow removal, garbage pick-up, flat rate for water               
       b. Property Lease                                                   
       c. Shared Service Attorney Agreement, re: Central Regional Dissoluti
          ion.                                                             
  10. Berkley School District - calibration of health/nurses office equipme
      ent.                                                                 
  11. Home & School Association provides for educational field trips and as
      semblie for all students.                                            
  12. Volunteer Efforts: Fundraising, library aides, custodial services.   
  13. State Health Benefits Plan (Medical) is offered to staff members.    

                              OCEAN  -  OCEAN GATE BORO

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 09-10 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,498,990 (A)
Estimated Net Taxable Valuation (as of 10/01/2008 )           260,522,532 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)X100           0.5754 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,588,679 (D)
Estimated Net Taxable Valuation (as of 10/01/2008 )           260,522,532 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)X100                  0.6098 (F)


B. Estimated 09-10 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,498,990 (G)
Estimated Equalized Valuation (as of 12/01/2008 )             282,808,928 (H)
Estimated 09-10 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.5300 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,588,679 (J)
Estimated Equalized Valuation (as of 12/01/2008 )             282,808,928 (K)
Estimated 09-10 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.5617 (L)

                              OCEAN  -  OCEAN GATE BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Frank Vanalesti          
 Job Title                              Superintendent                
                                        Principal                     
 Base Annual Salary                     112,918
 FTE                                    1              
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract           09/01/2007
   Ending Date of Contract              06/30/2012
   Annual Work Days                     240
   Annual Vacation Days                  20
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 2,725
 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                   7,000
 Description of:
   Buyback of Sick Days               MAX 50% DAYS @ RETIRE - NO  $ FOR XFER
   Buyback of Vac. Days               OF SICK DAYS FROM PREVIOUS DISTRICT.  
   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    Roll over to sick days.               
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                              OCEAN  -  OCEAN GATE BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Debra M. Malota          
 Job Title                              Business Administrator        
                                        Business Administrator        
 Base Annual Salary                      78,000
 FTE                                    1              
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract           07/01/2009
   Ending Date of Contract              06/30/2010
   Annual Work Days                     260
   Annual Vacation Days                  20
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 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           Rollover to sick 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