04/18/2012                                     GLOUCESTER  -  WOODBURY HEIGHTS BORO

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2010         October 15, 2011         October 15, 2012
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       189                      186                      188





      Pupils on Roll - Special Full-Time                      29                       30                       35


      Subtotal - Pupils On Roll                               218                      216                      223
      Private School Placements                                2                        1                        1





      Pupils Sent to Other Dists-Spec Ed Prog                 11                        9                        9
 

                                                GLOUCESTER - WOODBURY HEIGHTS BORO

                                                      Advertised Revenues

      Budget Category                                        Account             2010-11          2011-12          2012-13
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                      75,000           75,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 2,220,314        2,264,720        2,310,014
      Unrestricted Miscellaneous Revenues                   10-1XXX                    60,101            5,000            5,000
      SUBTOTAL                                                                      2,280,415        2,269,720        2,315,014

      Revenues from State Sources:                                         
      Extraordinary Aid                                     10-3131                    11,738
      Other State Aids                                      10-3XXX                       348
      Categorical Special Education Aid                     10-3132                   124,184          124,184          129,527
      Equalization Aid                                      10-3176                   764,699          796,458          853,015
      Categorical Security Aid                              10-3177                                                       4,551
      Categorical Transportation Aid                        10-3121                                                       5,275
      SUBTOTAL                                                                        900,969          920,642          992,368

      Revenues from Federal Sources:                                       
      Education Jobs Fund                                   18-4522                                     34,715
      SUBTOTAL                                                                                          34,715
      Adjustment for Prior Year Encumbrances                                                             2,832
      Actual Revenues (Over)/Under Expenditures                                       -13,049
      TOTAL OPERATING BUDGET                                                        3,168,335        3,302,909        3,382,382
      GRANTS AND ENTITLEMENTS

      Revenues from State Sources:                                         
      Other Restricted Entitlements                         20-32XX                   295,102
      TOTAL REVENUES FROM STATE SOURCES                                               295,102

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               23,202           20,326           17,277
      Title II                                              20-4451-4455               12,903
      Title IV                                              20-4471-4474                   50
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              176,536          107,667           91,440
      Other                                                 20-4XXX                                     17,040           12,792
      TOTAL REVENUES FROM FEDERAL SOURCES                                             212,691          145,033          121,509
      TOTAL GRANTS AND ENTITLEMENTS                                                   507,793          145,033          121,509
      REPAYMENT OF DEBT

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                                     34,534           33,765
      TOTAL REVENUES FROM LOCAL SOURCES                                                                 34,534           33,765
      TOTAL LOCAL REPAYMENT OF DEBT                                                                     34,534           33,765
      TOTAL REPAYMENT OF DEBT                                                                           34,534           33,765
      TOTAL REVENUES/SOURCES                                                        3,676,128        3,482,476        3,537,656
                                                GLOUCESTER - WOODBURY HEIGHTS BORO

                                                   Advertised Appropriations

                Budget Category                                Account          2010-11          2011-12         2012-13 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX          1,067,330        1,124,039        1,131,714
      Special Education                                     11-2XX-100-XXX            314,713          288,548          347,662
      Basic Skills/Remedial                                 11-230-100-XXX            128,731          132,767          135,015
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX              8,487            8,978            9,647
      Support Services:
      Tuition                                               11-000-100-XXX            306,900          273,731          232,381
      Attendance and Social Work Services                   11-000-211-XXX              9,850           10,319           10,423
      Health Services                                       11-000-213-XXX             49,862           51,318           53,677
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            105,155          110,951          123,646
      Guidance                                              11-000-218-XXX             32,331           36,420           36,947
      Child Study Teams                                     11-000-219-XXX             62,411           78,414           72,215
      Improvement of Instructional Services                 11-000-221-XXX             29,408           33,019           33,145
      Educational Media Services - School Library           11-000-222-XXX             52,449           55,506           55,919
      Instructional Staff Training Services                 11-000-223-XXX                               6,250           12,328
      General Administration                                11-000-230-XXX            211,980          212,143          212,794
      School Administration                                 11-000-240-XXX             48,270           51,398           51,021
      Central Svcs & Admin Info Technology                  11-000-25X-XXX             74,883           73,718           80,901
      Operation and Maintenance of Plant Services           11-000-26X-XXX            173,644          208,332          229,761
      Student Transportation Services                       11-000-270-XXX            121,188           95,000          112,000
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX            370,125          432,860          440,693
      Total Support Services Expenditures                                           1,648,456        1,729,379        1,757,851
      TOTAL GENERAL CURRENT EXPENSE                                                 3,167,717        3,283,711        3,381,889

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X                              18,839
      Facilities Acquisition and Construction Services      12-000-4XX-XXX                618              359              493
      TOTAL CAPITAL EXPENDITURES                                                          618           19,198              493
      OPERATING BUDGET GRAND TOTAL                                                  3,168,335        3,302,909        3,382,382

      SPECIAL GRANTS AND ENTITLEMENTS
      Nonpublic Textbooks                                   20-XXX-XXX-XXX             21,713
      Other State Projects:
      Nonpublic Auxiliary Services                          20-XXX-XXX-XXX            121,110
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX            126,551
      Nonpublic Nursing Services                            20-XXX-XXX-XXX             25,728
      Total State Projects                                                            295,102
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX             23,202           20,326           17,277
      Title II                                              20-XXX-XXX-XXX             12,903
      Title IV                                              20-XXX-XXX-XXX                 50
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            176,536          107,667           91,440
      Other Special Projects                                20-XXX-XXX-XXX                              17,040           12,792
      Total Federal Projects                                                          212,691          145,033          121,509
      TOTAL GRANTS AND ENTITLEMENTS                                                   507,793          145,033          121,509

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX                              34,534           33,765
      TOTAL REPAYMENT OF DEBT                                                                           34,534           33,765
      Total Expenditures                                                            3,676,128        3,482,476        3,537,656

      DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
 0250XLocal Contribution - Transfer to Special Revenue      11-1XX-100-93X
      Capital Reserve - Transfer to Repayment of Debt       12-000-400-933
      Transfer Property Sale Proceeds to Debt Svc Res       11-000-520-934

      TOTAL EXPENDITURES NET OF TRANSFERS                                           3,676,128        3,482,476        3,537,656
 

                                                GLOUCESTER  -  WOODBURY HEIGHTS BORO

                                          Advertised Recapitulation of Balance

                                                              Audited               Audited              Estimated             Estimated
                                                              Balance               Balance               Balance               Balance
      Budget Category                                        6/30/2010             6/30/2011             6/30/2012             6/30/2013

      Unrestricted:
        General Operating Budget                               247,192               265,958               265,958               190,958
        Repayment of Debt                                            0                     0                     0                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                          5                     5                     5                     5
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                            0                     0                     0                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Repayment of Debt:
            Restricted for Repayment of Debt                         0                     0                     0                     0
 


                                                GLOUCESTER  -  WOODBURY HEIGHTS BORO

                                               Advertised Per Pupil Cost Calculations

                                                     2012 - 2013

                                                    2009-10        2010-11           2011-12       2011-12       2012-2013
                                                     Actual         Actual           Original      Revised       Proposed
                                                                                      Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            (2)              (3)           (4)            (5)

Total Budgetary Comparative Per Pupil Cost                 11615           12431          13154          13495          13621
Total Classroom Instruction                                 7626            8212           8513           8680           8733
Classroom-Salaries and Benefits                             7391            8027           8223           8348           8292
Classroom-General Supplies and Textbooks                     181             156            189            202            241
Classroom-Purchased Services and Other                        54              29            101            130            199
Total Support Services                                      1715            1715           1923           1959           1969
Support Services-Salaries and Benefits                       968             979           1020           1038           1017
Total Administrative Costs                                  1387            1604           1623           1760           1759
Administration-Salaries and Benefits                         546             490            511           1088           1185
Legal Costs                                                    0              10             42              9              9
Total Operations and Maintenance of Plant                    832             855           1047           1046           1108
Operations & Maintenance of Plant-Salary & Ben.              370             399            435            444            433
Board Contribution to Food Services                            0               0              0              0              0
Total Extracurricular Costs                                   56              45             49             50             52
Total Equipment Costs                                         85               0            120             87              0
Employee Benefits as a % of Salaries                        20.8            20.3           23.3           22.4           22.0


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2012 Taxpayers' Guide to Education Spending (formerly 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 2011-12
 revised appropriations and 2012-13 budgeted appropriations presented in this advertised budget.  Total Budgetary 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 Budgetary
 comparative per pupil cost, although all components are not shown.

                        GLOUCESTER  -  WOODBURY HEIGHTS BORO

Shared Services -- Description of Shared Services_________________________________________________

  The district has formal shared service agreements for the following servi
  ces:                                                                     
  Business Seervices, Child Study Team, Curiculum Consortium,Technology Ser
  vices, transportation and food services.  The district participates in   
  ACES and ACT.                                                            

                        GLOUCESTER  -  WOODBURY HEIGHTS BORO

22a. Estimated Tax Rate Information     ______________________________



A. Estimated 12-13 School Tax Rate__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,287,367 (A)
Estimated Net Taxable Valuation (as of 10/01/2011 )           197,453,576 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100           1.1584 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,321,516 (D)
Estimated Net Taxable Valuation (as of 10/01/2011 )           197,453,576 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)X100                  1.1757 (F)


B. Estimated 12-13 Equalized School Tax Rate____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,287,367 (G)
Estimated Equalized Valuation (as of 10/01/2011 )             276,004,468 (H)
Estimated 12-13 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.8287 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,321,516 (J)
Estimated Equalized Valuation (as of 10/01/2011 )             276,004,468 (K)
Estimated 12-13 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.8411 (L)

                        GLOUCESTER  -  WOODBURY HEIGHTS BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Shared Services Agreement
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                           0
 FTE                                    0.0
 Shared with Another District?           
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2012
   Ending Date of Contract              06/30/2013
   Annual Work Days                       0
   Annual Vacation Days                   0
   Annual Sick Days                       0
   Annual Personal Days                   0
   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                                                 
   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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                        GLOUCESTER  -  WOODBURY HEIGHTS BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Stephen Derkoski         
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     124,000
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2012
   Ending Date of Contract              06/30/2013
   Annual Work Days                     260
   Annual Vacation Days                  14
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                   900
 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                                                 
   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