04/02/2009                                           WARREN  -  BELVIDERE TOWN

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2007         October 15, 2008         October 15, 2009
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       781                      747                      780


      Pupils on Roll - Special Full-Time                     152                      144                      131

      Private School Placements                                2                        2                        4


      Pupils Sent to Other Dists-Spec Ed Prog                  1
      Pupils Received                                        401                      383                      413
 


                                                      WARREN - BELVIDERE TOWN

                                                      Advertised Revenues

      Budget Category                                        Account             2007-08          2008-09          2009-10
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     121,969          215,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 3,347,000        3,335,000        3,325,750
      Tuition                                               10-1300                 4,122,012        4,637,746        5,373,902
      Other Restricted Miscellaneous Revenues               10-1XXX                    77,383
      Unrestricted Miscellaneous Revenues                   10-1XXX                                     58,429           66,238
      SUBTOTAL                                                                      7,546,395        8,031,175        8,765,890

      Revenues from State Sources:                                         
      Core Curriculum Standards Aid                         10-3111                 2,136,918
      School Choice Aid                                     10-3116                    87,043           23,148            6,100
      Transportation Aid                                    10-3120                    17,627
      Special Education Aid                                 10-3130                   438,546
      Consolidated Aid                                      10-3195                    70,159
      Additional Formula Aid                                10-3196                    83,014
      Categorical Special Education Aid                     10-3132                                    252,845          248,774
      Equalization Aid                                      10-3176                                  2,831,502        2,833,734
      Categorical Security Aid                              10-3177                                     43,399           48,229
      Adjustment Aid                                        10-3178                                                      17,048
      Categorical Transportation Aid                        10-3121                                      7,424            4,433
      SUBTOTAL                                                                      2,833,307        3,158,318        3,158,318
      Adjustment for Prior Year Encumbrances                                                           134,704
      Actual Revenues (Over)/Under Expenditures                                      -180,703
      TOTAL OPERATING BUDGET                                                       10,198,999       11,446,166       12,139,208
      GRANTS AND ENTITLEMENTS

      Revenues from State Sources:                                         
      Instructional Supplement Aid                          20-3214                    16,847
      TOTAL REVENUES FROM STATE SOURCES                                                16,847

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               44,604           49,047           47,000
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              128,174          135,432          134,000
      Other                                                 20-4XXX                    26,572           24,523           22,000
      TOTAL REVENUES FROM FEDERAL SOURCES                                             199,350          209,002          203,000
      TOTAL GRANTS AND ENTITLEMENTS                                                   216,197          209,002          203,000
      TOTAL REVENUES/SOURCES                                                       10,415,196       11,655,168       12,342,208
                                                      WARREN - BELVIDERE TOWN

                                                   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          3,330,563        3,863,028        3,767,425
      Special Education                                     11-2XX-100-XXX            982,523        1,085,200        1,143,500
      Basic Skills/Remedial                                 11-230-100-XXX            137,576          214,100          225,600
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             68,561           74,700           79,000
      School Sponsored Athletics                            11-402-100-XXX            282,236          329,849          355,750
      Support Services:
      Tuition                                               11-000-100-XXX            116,425          131,362          173,933
      Health Services                                       11-000-213-XXX            124,367          133,900          178,900
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            196,084          191,250          199,200
      Guidance                                              11-000-218-XXX            154,012          173,200          184,400
      Child Study Teams                                     11-000-219-XXX            353,642          373,100          385,600
      Improvement of Instructional Services                 11-000-221-XXX              5,390            9,300           10,500
      Educational Media Services - School Library           11-000-222-XXX            133,419          142,375          147,400
      Instructional Staff Training Services                 11-000-223-XXX              4,618           12,300           12,000
      General Administration                                11-000-230-XXX            261,773          286,950          294,300
      School Administration                                 11-000-240-XXX            665,030          702,515          726,700
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            220,008          265,975          257,500
      Operation and Maintenance of Plant Services           11-000-26X-XXX          1,149,885        1,218,912        1,591,900
      Student Transportation Services                       11-000-270-XXX             99,043           96,400           96,900
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          1,855,908        2,120,250        2,138,600
      Total Support Services Expenditures                                           5,339,604        5,857,789        6,397,833
      TOTAL GENERAL CURRENT EXPENSE                                                10,141,063       11,424,666       11,969,108

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X                              21,500          170,100
      Facilities Acquisition and Construction Services      12-000-4XX-XXX             57,936
      TOTAL CAPITAL EXPENDITURES                                                       57,936           21,500          170,100
      OPERATING BUDGET GRAND TOTAL                                                 10,198,999       11,446,166       12,139,208

      SPECIAL GRANTS AND ENTITLEMENTS
      Support Services                                      20-214-200-XXX             16,847
      TOTAL INSTRUCTIONAL SUPPLEMENT AID                                               16,847
      Total State Projects                                                             16,847
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX             44,604           49,047           47,000
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            128,174          135,432          134,000
      Other Special Projects                                20-XXX-XXX-XXX             26,572           24,523           22,000
      Total Federal Projects                                                          199,350          209,002          203,000
      TOTAL GRANTS AND ENTITLEMENTS                                                   216,197          209,002          203,000
      Total Expenditures                                                           10,415,196       11,655,168       12,342,208

      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                                          10,415,196       11,655,168       12,342,208

                                                      WARREN  -  BELVIDERE TOWN

                                          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                               250,000               338,677               462,425               247,425
        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               250,000               250,000
            Legal Reserve                                       15,469                15,469                     0                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                      WARREN  -  BELVIDERE TOWN

                                               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                           10155           10752          12283          12567          12841
Total Classroom Instruction                                 5811            6079           7159           7321           7117
Classroom-Salaries and Benefits                             5599            5913           6748           6792           6787
Classroom-General Supplies and Textbooks                     191             162            399            516            317
Classroom-Purchased Services and Other                        22               3             12             13             13
Total Support Services                                      1245            1329           1445           1459           1533
Support Services-Salaries and Benefits                      1166            1215           1312           1319           1404
Total Administrative Costs                                  1525            1538           1718           1753           1742
Administration-Salaries and Benefits                        1349            1389           1526           1531           1556
Total Operations and Maintenance of Plant                   1134            1352           1431           1495           1884
Operations & Maintenance of Plant-Salary & Ben.              475             506            565            563            628
Total Food Services Costs                                                                                    0              0
Total Extracurricular Costs                                  439             455            530            539            564
Total Equipment Costs                                          0               0             16             24            187
Employee Benefits as a % of Salaries                        29.7            27.2           29.7           29.0           27.9


 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.

                                                     WARREN  -  BELVIDERE TOWN

                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

                              WARREN  -  BELVIDERE TOWN

Shared Services -- Description of Shared Services
_________________________________________________

  The District shares curriculum development costs with the cluster        
  districts and shares many operations / maintenance type costs with the   
  Town of Belvidere - to include garbage collection and snow removal at no 
  cost and various maintenance projects where equipment is shared with the 
  Town. The District is enrolled in ACT and ACES for shared telephone and  
  electric generation costs and HCESC for shared fuel oil, gasoline and    
  diesel fuel costs. The District is enrolled in the NJSBAIG for property  
  and casualty insurance and in the Grinspec Trust for prescription drug   
  insurance. It is impossible to quantify the total savings from these many
  shared service activities, but the District makes every effort to control
  it's costs through shared services as possible.                          

                              WARREN  -  BELVIDERE TOWN

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 09-10 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        3,325,750 (A)
Estimated Net Taxable Valuation (as of 01/01/2009 )           142,028,500 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)X100           2.3416 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               3,325,750 (D)
Estimated Net Taxable Valuation (as of 01/01/2009 )           142,028,500 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)X100                  2.3416 (F)


B. Estimated 09-10 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        3,325,750 (G)
Estimated Equalized Valuation (as of 10/01/2008 )             292,714,859 (H)
Estimated 09-10 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      1.1362 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               3,325,750 (J)
Estimated Equalized Valuation (as of 10/01/2008 )             292,714,859 (K)
Estimated 09-10 Equalized Total School
                  Tax Rate=(J)/(K)X100                             1.1362 (L)

                              WARREN  -  BELVIDERE TOWN
 17. Salaries and Benefits of Certain District Employees

 Name                                   Dirk Swaneveld           
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     130,500
 FTE                                    1              
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract           07/01/2007
   Ending Date of Contract              06/30/2012
   Annual Work Days                       5
   Annual Vacation Days                  25
   Annual Sick Days                      12
   Annual Personal Days                   4
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 1,000
 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                   7,800
 Description of:
   Buyback of Sick Days                                                     
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration             5,000
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days                                              
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                              WARREN  -  BELVIDERE TOWN
 17. Salaries and Benefits of Certain District Employees

 Name                                   Ronald Rush              
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                     117,825
 FTE                                    1              
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract           07/01/2008
   Ending Date of Contract              06/30/2009
   Annual Work Days                       5
   Annual Vacation Days                  25
   Annual Sick Days                      12
   Annual Personal Days                   4
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 1,000
 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                  16,865
 Description of:
   Buyback of Sick Days                                                     
   Buyback of Vac. Days                                                     
   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                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments