03/20/2008                                       CUMBERLAND  -  MAURICE RIVER TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       347                      354                      358


      Pupils on Roll - Special Full-Time                      43                       39                       35

      Private School Placements                                                         1                        2

      Pupils Sent to Other Districts-Reg Prog                147                      146                      156
      Pupils Sent to Other Dists-Spec Ed Prog                 38                       39                       38
      Pupils Received                                          2                        1
 


                                                  CUMBERLAND - MAURICE RIVER TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     456,330          691,909

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 2,389,168        2,414,644        2,466,484
      Tuition                                               10-1300                    34,287
      Transportation Fees from Other LEAs                   10-1420-1440              129,466          100,000          110,000
      Unrestricted Miscellaneous Revenues                   10-1XXX                    96,118           25,100           30,300
      SUBTOTAL                                                                      2,649,039        2,539,744        2,606,784

      Revenues from State Sources:                                         
      Core Curriculum Standards Aid                         10-3111                 2,832,789        2,832,789
      Transportation Aid                                    10-3120                   346,620          346,620
      Special Education Aid                                 10-3130                   341,512          341,512
      Stabilization Aid                                     10-3171                    53,694           53,694
      Extraordinary Aid                                     10-3131                    15,495                            10,560
      Consolidated Aid                                      10-3195                    61,788           61,788
      Additional Formula Aid                                10-3196                    99,940          222,795
      Other State Aids                                      10-3XXX                    51,154          127,644
      Categorical Special Education Aid                     10-3132                                                     256,921
      Equalization Aid                                      10-3176                                                   3,159,495
      Categorical Security Aid                              10-3177                                                      56,527
      Adjustment Aid                                        10-3178                                                     630,770
      Categorical Transportation Aid                        10-3121                                                     292,135
      SUBTOTAL                                                                      3,802,992        3,986,842        4,406,408
      Adjustment for Prior Year Encumbrances                                                           253,264
      Actual Revenues (Over)/Under Expenditures                                        37,464
      TOTAL OPERATING BUDGET                                                        6,489,495        7,236,180        7,705,101
      GRANTS AND ENTITLEMENTS

      Revenues from State Sources:                                         
      Early Childhood Program Aid                           20-3211                   219,154          219,154
      Demonstrably Effective Program Aid                    20-3212                   139,665          139,665
      Preschool Education Aid                               20-3218                                                     101,480
      Other Restricted Entitlements                         20-32XX                                     57,500
      TOTAL REVENUES FROM STATE SOURCES                                               358,819          416,319          101,480

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               96,230           78,984           62,967
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              134,737          130,076          110,565
      Other                                                 20-4XXX                    52,874           48,301           28,289
      TOTAL REVENUES FROM FEDERAL SOURCES                                             283,841          257,361          201,821
      TOTAL GRANTS AND ENTITLEMENTS                                                   642,660          673,680          303,301
      REPAYMENT OF DEBT

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   102,808          105,333          107,833
      TOTAL REVENUES FROM LOCAL SOURCES                                               102,808          105,333          107,833

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   156,927          160,314          146,749
      TOTAL LOCAL REPAYMENT OF DEBT                                                   259,735          265,647          254,582
      TOTAL REPAYMENT OF DEBT                                                         259,735          265,647          254,582
      TOTAL REVENUES/SOURCES                                                        7,391,890        8,175,507        8,262,984
                                                  CUMBERLAND - MAURICE RIVER TWP

                                                   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          1,369,633        1,626,686        1,863,704
      Special Education                                     11-2XX-100-XXX            436,754          390,038          302,269
      Basic Skills/Remedial                                 11-230-100-XXX             24,590
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             23,466           36,071           36,800
      Support Services:
      Tuition                                               11-000-100-XXX          1,730,876        1,514,051        1,486,777
      Attendance and Social Work Services                   11-000-211-XXX              9,650            9,900            9,930
      Health Services                                       11-000-213-XXX             79,187           85,166           63,069
      Students - Related & Extraordinary                    11-000-216,217             93,614          118,982          118,002
      Guidance                                              11-000-218-XXX             94,170          138,622          116,662
      Child Study Teams                                     11-000-219-XXX              2,733           18,074           20,889
      Improvement of Instructional Services                 11-000-221-XXX             89,510           94,592           80,137
      Educational Media Services - School Library           11-000-222-XXX              6,676           10,926           14,365
      Instructional Staff Training Services                 11-000-223-XXX             10,093           45,100           36,500
      General Administration                                11-000-230-XXX            195,913          240,177          227,903
      School Administration                                 11-000-240-XXX             38,998           52,618           39,142
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            202,145          236,006          213,050
      Deposit to Maintenance Reserve                        10-606                                                      161,122
      Operation and Maintenance of Plant Services           11-000-26X-XXX            419,362          633,281          543,279
      Student Transportation Services                       11-000-270-XXX            372,292          463,567          607,899
      Deposit to Current Expense Emergency Reserve          10-607                                                      250,000
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          1,097,451        1,436,258        1,475,602
      Food Services                                         11-000-310-XXX             25,000           25,000           25,000
      Total Support Services Expenditures                                           4,467,670        5,122,320        5,078,206
      TOTAL GENERAL CURRENT EXPENSE                                                 6,322,113        7,175,115        7,692,101

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X            167,382           61,065           13,000
      TOTAL CAPITAL EXPENDITURES                                                      167,382           61,065           13,000
      OPERATING BUDGET GRAND TOTAL                                                  6,489,495        7,236,180        7,705,101

      SPECIAL GRANTS AND ENTITLEMENTS
      Instruction                                           20-211-100-XXX            192,858          157,349           82,399
      Early Childhood Program Aid:
      Support Services                                      20-211-200-XXX             26,296           61,805           19,081
      TOTAL EARLY CHILDHOOD PROGRAM AID                                               219,154          219,154          101,480
      Demonstrably Effective Program Aid:
      Instruction                                           20-212-100-XXX            139,665          139,665
      TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID                                        139,665          139,665
      Other State Projects:
      Instruction                                           20-217-100-XXX                              46,382
      Support Services                                      20-217-200-XXX                              11,118
      TOTAL TARA USED TO SUPPORT PROGRAMS                                                               57,500
      Total State Projects                                                            358,819          416,319          101,480
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX             96,230           78,984           62,967
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            134,737          130,076          110,565
      Other Special Projects                                20-XXX-XXX-XXX             52,874           48,301           28,289
      Total Federal Projects                                                          283,841          257,361          201,821
      TOTAL GRANTS AND ENTITLEMENTS                                                   642,660          673,680          303,301

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            259,735          265,647          254,582
      TOTAL REPAYMENT OF DEBT                                                         259,735          265,647          254,582
      Total Expenditures                                                            7,391,890        8,175,507        8,262,984

      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                                           7,391,890        8,175,507        8,262,984

                                                  CUMBERLAND  -  MAURICE RIVER TWP

                                          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                               288,572               291,236               370,603               100,000
        Repayment of Debt                                            0                     0                     0                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                          0                     0                     0                     0
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0               161,122
            Legal Reserve                                      878,331               857,003               421,306                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0               250,000
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                  CUMBERLAND  -  MAURICE RIVER TWP

                                               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                           10166           11121          13597          13588          12789
Total Classroom Instruction                                 6004            6942           8222           7950           7857
Classroom-Salaries and Benefits                             5563            6652           7983           7594           7606
Classroom-General Supplies and Textbooks                     395             245            201            306            197
Classroom-Purchased Services and Other                        47              45             38             50             54
Total Support Services                                      1259            1287           1712           1746           1477
Support Services-Salaries and Benefits                      1080            1189           1477           1472           1238
Total Administrative Costs                                  1397            1446           1604           1742           1571
Administration-Salaries and Benefits                        1121            1227           1307           1336           1258
Total Operations and Maintenance of Plant                   1357            1318           1889           1985           1722
Operations & Maintenance of Plant-Salary & Ben.              791             807           1046           1024            914
Total Food Services Costs                                     61              64             66             64             64
Total Extracurricular Costs                                   80              60             95             92             94
Total Equipment Costs                                        283             427             34            155             33
Employee Benefits as a % of Salaries                        37.2            35.5           42.2           42.9           44.8


 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.

                                                  CUMBERLAND  -  MAURICE RIVER TWP

                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

                          CUMBERLAND  -  MAURICE RIVER TWP

Shared Services -- Description of Shared Services
_________________________________________________

  T1 Water Treatment with Township                                         
  Snow Removal with Township                                               
  Trash Removal with Township                                              
  Paper, Medical and Custodial Supplies with Millville School District     
  Grant Consortium with Millville School District                          
  Custodial Services with Township                                         
  Child Study Team services with Salem County Special Services School      
  Transportation Consortium Services                                       
  Participate in ACES                                                      
  Recycling with Cumberland County Improvement Authority                   

                          CUMBERLAND  -  MAURICE RIVER TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,466,484 (A)
Estimated Net Taxable Valuation (as of 01/10/2008 )           144,603,687 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           1.7057 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,574,317 (D)
Estimated Net Taxable Valuation (as of 01/10/2008 )           144,603,687 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  1.7803 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,466,484 (G)
Estimated Equalized Valuation (as of 01/30/2008 )                 612,587 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                    402.6341 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,574,317 (J)
Estimated Equalized Valuation (as of 01/30/2008 )                 612,587 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                           420.2370 (L)