Oceanport School District

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Oceanport School District
Governors School of Excellence 2004-2005 Wolf
Hill School

• Proposed Budget
• 2006-2007
• Summary

James Di Giovanna, Superintendent Maria Parry,
School Business Administrator Rick Harrison,
President Rick Mc Kenna, Vice-President
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Highlights

• Transportation
• Miscellaneous Expenditures
• Summary of Past Presentations
• Revenues
• Tax Levy Increase 06-07

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Transportation Costs2006-2007
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Miscellaneous Costs2005-2006
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Proposed Budget2006-2007
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Proposed Budget2006-2007
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Programs Instructions2006-2007
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Proposed Budget2006-2007
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Expenditure Summary
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Benchmarks

• Cost Per Pupil March 2006
• Source Comparative Spending Guide SNJ March
  2006 for K-8/ 401-750- Students
• Oceanport
• Current 8,745
• State median 10,629
• State Ranking 6 of 67 (low to high)
• County Ranking 3 of 54 (low to high)

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Benchmarks continued

• Oceanport 8,745
• Compared to other districts
• West Long Branch 9,420
• Monmouth Beach 10,108
• Rumson 10,235
• Little Silver 10,660
• Eatontown 12,106

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Revenues

• Revenues Consist of
• Tax Levy
• Tuition Income
• Interest Income
• Transportation Income
• State Aid
• Fund Balance Appropriation

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Tuition from Sea Bright

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Summary Analysis
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Revenue Comparison2006-2007
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Tax Levy Increase

• Levy of 6,654,658
• 368,840 increase over 2005-2006 final budget
• Penny 133,198
• Increase 2.7 cents

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Tax Levy Impact

• Tax Increase per Month
• House Assessed at
• Increase Per/month
• 400,000 116 9.66
• 600,000 174 14.50
• 800,000 232 19.33

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Election Day
Tuesday, April 19, 2006 Polls Open 400 p.m.
900 p.m.
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QUESTIONS-DISCUSSION
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Oceanport School District
Visit us _at_

• www.oceanport.k12.nj.us