03/27/2012                                          MONMOUTH  -  EATONTOWN BORO

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2010         October 15, 2011         October 15, 2012
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       877                      871                      878





      Pupils on Roll - Special Full-Time                     180                      178                      186

      Pupils on Roll - Special Shared-Time                                              2
      Subtotal - Pupils On Roll                              1057                     1051                     1064
      Private School Placements                                8                        7                        7



      Pupils Sent to Other Districts-Reg Prog                                           3

      Pupils Sent to Other Dists-Spec Ed Prog                  2                        6                        7

      Pupils Received                                          2                        4

      Pupils in State Facilities                               1
 


                                                     MONMOUTH - EATONTOWN BORO

                                                      Advertised Revenues

      Budget Category                                        Account             2010-11          2011-12          2012-13
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                   1,252,997        1,050,471
      Transfers from Other Funds                            10-5200                    29,878

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                13,076,199       13,076,199       13,206,960
      Transportation Fees from Individuals                  10-1410                     9,818                            60,000
      Interest Earned on Maintenance Reserve                10-1XXX                                                          20
      Interest Earned on Capital Reserve Funds              10-1XXX                                        100              100
      Unrestricted Miscellaneous Revenues                   10-1XXX                    28,144           24,261           24,261
      SUBTOTAL                                                                     13,114,161       13,100,560       13,291,341

      Revenues from State Sources:                                         
      Extraordinary Aid                                     10-3131                    57,282           10,000           30,000
      Other State Aids                                      10-3XXX                    17,890                            16,987
      Categorical Special Education Aid                     10-3132                   607,033          607,033          638,467
      Equalization Aid                                      10-3176                   627,175          627,175          674,678
      Categorical Security Aid                              10-3177                   207,224          207,224          217,154
      Adjustment Aid                                        10-3178                 1,605,657        1,799,300        1,966,871
      Categorical Transportation Aid                        10-3121                   253,371          253,371          246,883
      SUBTOTAL                                                                      3,375,632        3,504,103        3,791,040

      Revenues from Federal Sources:                                       
      IMPACT Aid                                            10-4100                   218,493           23,000           10,000
      Medicaid Reimbursement                                10-4200                    30,843           10,174           18,000
      Education Jobs Fund                                   18-4522                                    141,429
      SUBTOTAL                                                                        249,336          174,603           28,000
      Adjustment for Prior Year Encumbrances                                                           103,943
      Actual Revenues (Over)/Under Expenditures                                         3,212
      TOTAL OPERATING BUDGET                                                       16,772,219       18,136,206       18,160,852
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                    31,045           35,644            9,000

      Revenues from State Sources:                                         
      Other Restricted Entitlements                         20-32XX                    61,434          159,933          134,582
      TOTAL REVENUES FROM STATE SOURCES                                                61,434          159,933          134,582

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416              253,182          256,064          245,654
      Title II                                              20-4451-4455               43,405           42,049           35,741
      Title III                                             20-4491-4494               18,114           16,664           14,164
      Title IV                                              20-4471-4474                  185
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              477,792          370,060          314,551
      TOTAL REVENUES FROM FEDERAL SOURCES                                             792,678          684,837          610,110
      TOTAL GRANTS AND ENTITLEMENTS                                                   885,157          880,414          753,692
      REPAYMENT OF DEBT

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                 1,310,197        1,329,887        1,339,127
      TOTAL REVENUES FROM LOCAL SOURCES                                             1,310,197        1,329,887        1,339,127

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   688,452          685,093          689,853
      TOTAL LOCAL REPAYMENT OF DEBT                                                 1,998,649        2,014,980        2,028,980
      Actual Revenues (Over)/Under Expenditures                                        26,206
      TOTAL REPAYMENT OF DEBT                                                       2,024,855        2,014,980        2,028,980
      TOTAL REVENUES/SOURCES                                                       19,682,231       21,031,600       20,943,524
                                                     MONMOUTH - EATONTOWN 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          5,410,841        5,648,059        5,678,826
      Special Education                                     11-2XX-100-XXX          1,548,240        1,626,117        1,599,412
      Basic Skills/Remedial                                 11-230-100-XXX            530,652          476,217          504,606
      Bilingual Education                                   11-240-100-XXX            127,353          131,777          130,948
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             79,925           71,048           90,108
      Support Services:
      Tuition                                               11-000-100-XXX            311,828          491,582          537,745
      Health Services                                       11-000-213-XXX            310,836          324,237          329,018
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            253,038          310,695          327,814
      Guidance                                              11-000-218-XXX            179,318          182,905          186,562
      Child Study Teams                                     11-000-219-XXX            640,174          668,682          687,098
      Improvement of Instructional Services                 11-000-221-XXX             12,542          104,317          218,872
      Educational Media Services - School Library           11-000-222-XXX            304,061          323,079          322,691
      Instructional Staff Training Services                 11-000-223-XXX              7,152           38,245           23,700
      General Administration                                11-000-230-XXX            432,574          512,539          484,492
      School Administration                                 11-000-240-XXX            718,993          764,488          701,035
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            326,171          381,771          262,747
      Interest Earned on Maintenance Reserve                10-606                                                           20
      Operation and Maintenance of Plant Services           11-000-26X-XXX          1,832,263        2,002,100        2,035,348
      Student Transportation Services                       11-000-270-XXX            796,859          920,437          907,457
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          2,726,667        3,003,625        3,039,253
      Total Support Services Expenditures                                           8,852,476       10,028,702       10,063,832
      TOTAL GENERAL CURRENT EXPENSE                                                16,549,487       17,981,920       18,067,752

      CAPITAL EXPENDITURES
      Interest Earned on Capital Reserve                    10-604                                         100              100
      Equipment                                             12-XXX-XXX-73X             80,287          130,744           93,000
      Facilities Acquisition and Construction Services      12-000-4XX-XXX            142,445           23,442
      TOTAL CAPITAL EXPENDITURES                                                      222,732          154,286           93,100
      OPERATING BUDGET GRAND TOTAL                                                 16,772,219       18,136,206       18,160,852

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX             31,045           35,644            9,000
      Other State Projects:
      Nonpublic Textbooks                                   20-XXX-XXX-XXX              1,819            2,343            1,991
      Nonpublic Auxiliary Services                          20-XXX-XXX-XXX             15,071
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX             42,389          154,811          130,229
      Nonpublic Nursing Services                            20-XXX-XXX-XXX              2,155            2,779            2,362
      Total State Projects                                                             61,434          159,933          134,582
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX            253,182          256,064          245,654
      Title II                                              20-XXX-XXX-XXX             43,405           42,049           35,741
      Title III                                             20-XXX-XXX-XXX             18,114           16,664           14,164
      Title IV                                              20-XXX-XXX-XXX                185
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            477,792          370,060          314,551
      Total Federal Projects                                                          792,678          684,837          610,110
      TOTAL GRANTS AND ENTITLEMENTS                                                   885,157          880,414          753,692

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX          2,024,855        2,014,980        2,028,980
      TOTAL REPAYMENT OF DEBT                                                       2,024,855        2,014,980        2,028,980
      Total Expenditures                                                           19,682,231       21,031,600       20,943,524

      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                                          19,682,231       21,031,600       20,943,524
 

                                                     MONMOUTH  -  EATONTOWN 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                             1,008,712             1,580,766               974,408               244,523
        Repayment of Debt                                       26,206                     0                     0                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                    321,227               585,297               585,397               585,497
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0               200,000               200,000               200,020
            Legal Reserve                                    1,453,533               573,583               320,586                     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
 



                                                     MONMOUTH  -  EATONTOWN 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                 14620           14509          15912          15682          15525
Total Classroom Instruction                                 9061            8935           9692           9411           9330
Classroom-Salaries and Benefits                             8492            8560           9213           8892           8819
Classroom-General Supplies and Textbooks                     443             266            405            453            423
Classroom-Purchased Services and Other                       126             109             74             66             88
Total Support Services                                      2215            1995           2363           2296           2425
Support Services-Salaries and Benefits                      2095            1884           2110           2052           2124
Total Administrative Costs                                  1558            1685           1754           1899           1654
Administration-Salaries and Benefits                        1332            1426           1401           1488           1364
Legal Costs                                                    0              45             41             66             73
Total Operations and Maintenance of Plant                   1655            1761           1969           1944           1956
Operations & Maintenance of Plant-Salary & Ben.              172             163            179            174            202
Board Contribution to Food Services                            0               0              0              0              0
Total Extracurricular Costs                                   96              90             81             79            101
Total Equipment Costs                                        143              76            125            125             87
Employee Benefits as a % of Salaries                        24.0            26.3           29.4           28.2           28.3


 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.

                                                    MONMOUTH  -  EATONTOWN BORO

                Unusual Revenues and Appropriations
                ___________________________________

Line Number   Revenue Source or               12-13 Amount           Description of circumstances
                Approp. Due to    



Total Unusual Revenues: 
                                   0                   Total Unusual Appropriations:               0

                             MONMOUTH  -  EATONTOWN BORO

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 12-13 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       13,206,960 (A)
Estimated Net Taxable Valuation (as of 10/01/2011 )         2,117,215,554 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100           0.6238 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              14,546,087 (D)
Estimated Net Taxable Valuation (as of 10/01/2011 )         2,117,215,554 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)X100                  0.6870 (F)


B. Estimated 12-13 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       13,206,960 (G)
Estimated Equalized Valuation (as of 10/01/2011 )           2,161,350,093 (H)
Estimated 12-13 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.6111 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              14,546,087 (J)
Estimated Equalized Valuation (as of 10/01/2011 )           2,161,350,093 (K)
Estimated 12-13 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.6730 (L)

                             MONMOUTH  -  EATONTOWN BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Scott T. McCue           
 Job Title                              Superintendent                
                                        Curriculum Supervisor         
 Base Annual Salary                     145,000
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           01/01/1911
   Ending Date of Contract              06/30/1915
   Annual Work Days                     240
   Annual Vacation Days                  22
   Annual Sick Days                      12
   Annual Personal Days                   3
   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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                             MONMOUTH  -  EATONTOWN BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Charles F. Shay          
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                      78,750
 FTE                                    0.6
 Shared with Another District?          Y
   District Name                        ABSECON CITY             
   Job Description in other district                                  
 Member of Collective Bargaining ?      Y
 Contract Terms:
   Beginning Date of Contract           07/01/2011
   Ending Date of Contract              06/30/2012
   Annual Work Days                     150
   Annual Vacation Days                   0
   Annual Sick Days                       2
   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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                             MONMOUTH  -  EATONTOWN BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Susan Berry              
 Job Title                              Administrative Assistant      
                                                                      
 Base Annual Salary                      81,859
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2011
   Ending Date of Contract              06/30/2012
   Annual Work Days                     260
   Annual Vacation Days                  22
   Annual Sick Days                      12
   Annual Personal Days                   3
   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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                             MONMOUTH  -  EATONTOWN BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Gardner Gilsey           
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                                                      
 Base Annual Salary                      85,280
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2011
   Ending Date of Contract              06/30/2012
   Annual Work Days                     260
   Annual Vacation Days                  10
   Annual Sick Days                      12
   Annual Personal Days                   3
   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