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 03/28/2008                                        GLOUCESTER  -  GATEWAY REGIONAL

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       807                      786                      788
      Pupils on Roll Regular Shared-Time                      31                       12                       12

      Pupils on Roll - Special Full-Time                     179                      173                      173
      Pupils on Roll - Special Shared-Time                    12                       11                       11
      Private School Placements                               12                       17                       13

      Pupils Sent to Other Districts-Reg Prog                                           1                        1
      Pupils Sent to Other Dists-Spec Ed Prog                 18                       19                       28
      Pupils Received                                          2                        5                        3
      Pupils in State Facilities                               1                        3                        2
 


                                                   GLOUCESTER - GATEWAY REGIONAL

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                    107,496          538,870        1,372,544
      Budgeted Fund Bal - Deposit to Capital Reserve        10-303                          1

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 7,601,816        7,905,889        8,222,125
      Tuition                                               10-1300                    25,247           18,000           22,000
      Transportation Fees from Other LEAs                   10-1420-1440            1,019,453          700,000          700,000
      Interest Earned on Capital Reserve Funds              10-1XXX                                      7,269
      Unrestricted Miscellaneous Revenues                   10-1XXX                    88,639           27,498           32,000
      SUBTOTAL                                                                      8,735,155        8,658,656        8,976,125

      Revenues from State Sources:                                         
      Core Curriculum Standards Aid                         10-3111                 4,793,570        4,793,570
      Supplemental Core Curriculum Standards Aid            10-3112                   356,570          356,570
      Transportation Aid                                    10-3120                   487,293          487,293
      Special Education Aid                                 10-3130                   720,626          720,626
      Bilingual Education                                   10-3140                        18               18
      Extraordinary Aid                                     10-3131                    12,209                             6,939
      Consolidated Aid                                      10-3195                   122,009          122,009
      Additional Formula Aid                                10-3196                   195,153          396,160
      Other State Aids                                      10-3XXX                     6,623
      Categorical Special Education Aid                     10-3132                                                     482,013
      Equalization Aid                                      10-3176                                                   6,110,299
      Categorical Security Aid                              10-3177                                                      95,353
      Adjustment Aid                                        10-3178                                                     101,673
      Categorical Transportation Aid                        10-3121                                                     368,361
      SUBTOTAL                                                                      6,694,071        6,876,246        7,164,638
      Adjustment for Prior Year Encumbrances                                                            80,395
      Actual Revenues (Over)/Under Expenditures                                    -1,299,245
      TOTAL OPERATING BUDGET                                                       14,129,981       16,154,167       17,513,307
      GRANTS AND ENTITLEMENTS

      Revenues from State Sources:                                         
      Instructional Supplement Aid                          20-3214                    25,001           25,001
      Other Restricted Entitlements                         20-32XX                    72,920           85,700           26,557
      TOTAL REVENUES FROM STATE SOURCES                                                97,921          110,701           26,557

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416              151,681          113,570           88,838
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              224,346          211,686          184,002
      Other                                                 20-4XXX                    33,824           28,319           25,525
      TOTAL REVENUES FROM FEDERAL SOURCES                                             409,851          353,575          298,365
      TOTAL GRANTS AND ENTITLEMENTS                                                   507,772          464,276          324,922
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                                            1

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   568,540          571,288          577,099
      TOTAL REVENUES FROM LOCAL SOURCES                                               568,540          571,288          577,099
      TOTAL LOCAL REPAYMENT OF DEBT                                                   568,540          571,288          577,100
      Actual Revenues (Over)/Under Expenditures                                           972
      TOTAL REPAYMENT OF DEBT                                                         569,512          571,288          577,100
      TOTAL REVENUES/SOURCES                                                       15,207,265       17,189,731       18,415,329
                                                   GLOUCESTER - GATEWAY 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          4,254,660        4,501,609        4,883,931
      Special Education                                     11-2XX-100-XXX          1,046,335        1,105,781        1,163,451
      Basic Skills/Remedial                                 11-230-100-XXX            268,039          302,279          307,239
      Bilingual Education                                   11-240-100-XXX              2,500            2,500            3,000
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX            121,451          162,870          169,504
      School Sponsored Athletics                            11-402-100-XXX            430,828          554,359          560,767
      Support Services:
      Tuition                                               11-000-100-XXX            870,122        1,109,790        1,276,869
      Attendance and Social Work Services                   11-000-211-XXX             43,980           45,680           45,642
      Health Services                                       11-000-213-XXX            127,556          127,958          145,607
      Students - Related & Extraordinary                    11-000-216,217             33,485           33,147           36,724
      Guidance                                              11-000-218-XXX            468,511          470,990          504,244
      Child Study Teams                                     11-000-219-XXX            325,394          332,569          449,435
      Improvement of Instructional Services                 11-000-221-XXX            469,515          449,186          441,012
      Educational Media Services - School Library           11-000-222-XXX            272,292          292,491          174,391
      Instructional Staff Training Services                 11-000-223-XXX              6,061           17,485           20,780
      General Administration                                11-000-230-XXX            492,490          563,369          466,650
      School Administration                                 11-000-240-XXX            294,734          390,111          404,353
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            220,913          258,336          287,997
      Operation and Maintenance of Plant Services           11-000-26X-XXX          1,294,151        1,550,058        1,560,921
      Student Transportation Services                       11-000-270-XXX          1,134,416        1,320,067        1,334,689
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          1,867,225        1,963,598        2,123,940
      Food Services                                         11-000-310-XXX             15,926           21,513              100
      Total Support Services Expenditures                                           7,936,771        8,946,348        9,273,354
      TOTAL GENERAL CURRENT EXPENSE                                                14,060,584       15,575,746       16,361,246

      CAPITAL EXPENDITURES
      Deposit to Capital Reserve                            10-604                                                      116,885
      Interest Earned on Capital Reserve                    10-604                                       7,269
      Equipment                                             12-XXX-XXX-73X             69,397           29,268          241,614
      Facilities Acquisition and Construction Services      12-000-4XX-XXX                             541,884          793,562
      TOTAL CAPITAL EXPENDITURES                                                       69,397          578,421        1,152,061
      OPERATING BUDGET GRAND TOTAL                                                 14,129,981       16,154,167       17,513,307

      SPECIAL GRANTS AND ENTITLEMENTS
      Instruction                                           20-214-100-XXX             10,001           10,001
      Support Services                                      20-214-200-XXX             15,000           15,000
      TOTAL INSTRUCTIONAL SUPPLEMENT AID                                               25,001           25,001
      Other State Projects:
      Nonpublic Textbooks                                   20-XXX-XXX-XXX              6,083            8,700
      Nonpublic Auxiliary Services                          20-XXX-XXX-XXX             30,450           45,000           15,300
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX             18,561           18,500
      Nonpublic Nursing Services                            20-XXX-XXX-XXX              8,093            8,500            7,415
      Nonpublic Technology Initiative                       20-XXX-XXX-XXX              4,264            5,000            3,842
      Other Special Projects                                20-XXX-XXX-XXX              5,469
      Total State Projects                                                             97,921          110,701           26,557
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX            151,681          113,570           88,838
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            224,346          211,686          184,002
      Other Special Projects                                20-XXX-XXX-XXX             33,824           28,319           25,525
      Total Federal Projects                                                          409,851          353,575          298,365
      TOTAL GRANTS AND ENTITLEMENTS                                                   507,772          464,276          324,922

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            569,512          571,288          577,100
      TOTAL REPAYMENT OF DEBT                                                         569,512          571,288          577,100
      Total Expenditures                                                           15,207,265       17,189,731       18,415,329

      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                                          15,207,265       17,189,731       18,415,329

                                                   GLOUCESTER  -  GATEWAY 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                               326,007               317,719               317,719               317,719
        Repayment of Debt                                          973                     1                     1                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                          4                     5                 7,274               124,159
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                      622,811             1,887,672             1,372,544                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                   GLOUCESTER  -  GATEWAY 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                           11762           12396          12967          13565          14124
Total Classroom Instruction                                 6450            6828           6989           7254           7826
Classroom-Salaries and Benefits                             6120            6507           6574           6869           7367
Classroom-General Supplies and Textbooks                     242             173            315            341            302
Classroom-Purchased Services and Other                        88             148            101             44            157
Total Support Services                                      1901            2119           2073           2146           2187
Support Services-Salaries and Benefits                      1646            1839           1780           1830           1815
Total Administrative Costs                                  1170            1191           1257           1410           1357
Administration-Salaries and Benefits                         869             925            971           1001           1027
Total Operations and Maintenance of Plant                   1371            1415           1629           1694           1697
Operations & Maintenance of Plant-Salary & Ben.              474             514            561            576            526
Total Food Services Costs                                      0              16              0             22              0
Total Extracurricular Costs                                  679             654            813            844            862
Total Equipment Costs                                         71              71             32             30            248
Employee Benefits as a % of Salaries                        22.1            20.4           22.2           20.2           21.2


 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.

                           GLOUCESTER  -  GATEWAY REGIONAL

Shared Services -- Description of Shared Services
_________________________________________________

  Gateway BOE administers shared services for Business Services to three   
  neighboring school districts and Child Study services for four districts.
  Gateway administers shared busing services for several districts and part
  icipates in a regional curriculum consortium. Gateway administers shared 
  food service operations for surrounding districts and regional purchasing
  services.                                                                

                           GLOUCESTER  -  GATEWAY REGIONAL

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

NATIONAL PARK            

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,408,326 (A)
Estimated Net Taxable Valuation (as of 02/07/2008 )            97,983,732 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           1.4373 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,507,174 (D)
Estimated Net Taxable Valuation (as of 02/07/2008 )            97,983,732 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  1.5382 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

NATIONAL PARK            

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,408,326 (G)
Estimated Equalized Valuation (as of 10/01/2007 )             182,786,566 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.7705 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,507,174 (J)
Estimated Equalized Valuation (as of 10/01/2007 )             182,786,566 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.8246 (L)


                           GLOUCESTER  -  GATEWAY REGIONAL

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WENONAH                  

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,709,914 (A)
Estimated Net Taxable Valuation (as of 02/07/2008 )           300,354,585 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.5693 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,829,930 (D)
Estimated Net Taxable Valuation (as of 02/07/2008 )           300,354,585 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.6093 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WENONAH                  

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,709,914 (G)
Estimated Equalized Valuation (as of 10/01/2007 )             272,231,352 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.6281 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,829,930 (J)
Estimated Equalized Valuation (as of 10/01/2007 )             272,231,352 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.6722 (L)


                           GLOUCESTER  -  GATEWAY REGIONAL

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WESTVILLE                

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,486,583 (A)
Estimated Net Taxable Valuation (as of 02/07/2008 )           161,406,296 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           1.5406 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,663,630 (D)
Estimated Net Taxable Valuation (as of 02/07/2008 )           161,406,296 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  1.6503 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WESTVILLE                

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,486,583 (G)
Estimated Equalized Valuation (as of 10/01/2007 )             285,002,895 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.8725 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,663,630 (J)
Estimated Equalized Valuation (as of 10/01/2007 )             285,002,895 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.9346 (L)


                           GLOUCESTER  -  GATEWAY REGIONAL

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WOODBURY HTS             

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,473,021 (A)
Estimated Net Taxable Valuation (as of 02/07/2008 )           194,539,949 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           1.2712 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,649,072 (D)
Estimated Net Taxable Valuation (as of 02/07/2008 )           194,539,949 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  1.3617 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WOODBURY HTS             

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,473,021 (G)
Estimated Equalized Valuation (as of 10/01/2007 )             290,205,415 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.8522 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,649,072 (J)
Estimated Equalized Valuation (as of 10/01/2007 )             290,205,415 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.9128 (L)