03/29/2012                                          HUNTERDON  -  TEWKSBURY TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2010         October 15, 2011         October 15, 2012
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       686                      648                      639





      Pupils on Roll - Special Full-Time                      59                       60                       58


      Subtotal - Pupils On Roll                               745                      708                      697
      Private School Placements                                                                                  1





      Pupils Sent to Other Dists-Spec Ed Prog                  1                        1

      Pupils Received                                          7                        4                        5
 


                                                     HUNTERDON - TEWKSBURY TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2010-11          2011-12          2012-13
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     190,276          351,298
      Withdrawal from Maint. Reserve                        10-310                     84,800          157,000
      Transfers from Other Funds                            10-5200                     2,608

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                10,954,973       11,074,000       10,878,900
      Tuition                                               10-1300                    49,189           15,000           42,705
      Transportation Fees from Other LEAs                   10-1420-1440                1,270
      Interest Earned on Capital Reserve Funds              10-1XXX                     3,497              250              250
      Unrestricted Miscellaneous Revenues                   10-1XXX                    56,534           50,000           49,999
      SUBTOTAL                                                                     11,065,463       11,139,250       10,971,854

      Revenues from State Sources:                                         
      Extraordinary Aid                                     10-3131                    64,766
      Other State Aids                                      10-3XXX                    26,304
      Categorical Special Education Aid                     10-3132                   165,221          288,619          351,006
      Categorical Security Aid                              10-3177                                                      56,659
      Categorical Transportation Aid                        10-3121                                                      93,873
      SUBTOTAL                                                                        256,291          288,619          501,538

      Revenues from Federal Sources:                                       
      Education Jobs Fund                                   18-4522                                     25,899
      SUBTOTAL                                                                                          25,899
      Adjustment for Prior Year Encumbrances                                                           274,657
      Actual Revenues (Over)/Under Expenditures                                       145,257
      TOTAL OPERATING BUDGET                                                       11,554,419       12,075,701       11,824,690
      GRANTS AND ENTITLEMENTS

      Revenues from Federal Sources:                                       
      Title II                                              20-4451-4455               18,273           13,343           11,859
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              131,347          145,998          143,604
      Other                                                 20-4XXX                    20,056
      TOTAL REVENUES FROM FEDERAL SOURCES                                             169,676          159,341          155,463
      TOTAL GRANTS AND ENTITLEMENTS                                                   169,676          159,341          155,463
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                                            1

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   845,025          733,002          823,319
      TOTAL REVENUES FROM LOCAL SOURCES                                               845,025          733,002          823,319
      TOTAL LOCAL REPAYMENT OF DEBT                                                   845,025          733,002          823,320
      Actual Revenues (Over)/Under Expenditures                                            -1
      TOTAL REPAYMENT OF DEBT                                                         845,024          733,002          823,320
      TOTAL REVENUES/SOURCES                                                       12,569,119       12,968,044       12,803,473
                                                     HUNTERDON - TEWKSBURY TWP

                                                   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          3,682,104        3,835,764        3,730,577
      Special Education                                     11-2XX-100-XXX            935,109        1,144,112        1,124,465
      Basic Skills/Remedial                                 11-230-100-XXX            237,365          187,963          257,847
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             45,728           50,375           49,300
      School Sponsored Athletics                            11-402-100-XXX             88,751           91,865           93,725
      Support Services:
      Tuition                                               11-000-100-XXX             96,729           13,188            9,123
      Health Services                                       11-000-213-XXX            170,588          192,594          185,606
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            290,589          283,414          285,881
      Guidance                                              11-000-218-XXX             93,137          104,754          126,960
      Child Study Teams                                     11-000-219-XXX            206,318          247,109          273,266
      Improvement of Instructional Services                 11-000-221-XXX             96,107          125,338          181,360
      Educational Media Services - School Library           11-000-222-XXX            333,288          369,834          361,541
      Instructional Staff Training Services                 11-000-223-XXX              3,262           11,097           11,000
      General Administration                                11-000-230-XXX            404,033          430,153          358,096
      School Administration                                 11-000-240-XXX            335,232          446,218          421,763
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            217,172          234,113          223,525
      Deposit to Maintenance Reserve                        10-606                     95,000
      Operation and Maintenance of Plant Services           11-000-26X-XXX            897,374        1,020,235          945,094
      Student Transportation Services                       11-000-270-XXX            544,787          567,244          545,460
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          2,387,093        2,670,183        2,405,379
      Total Support Services Expenditures                                           6,075,709        6,715,474        6,334,054
      TOTAL GENERAL CURRENT EXPENSE                                                11,159,766       12,025,553       11,589,968

      CAPITAL EXPENDITURES
      Deposit to Capital Reserve                            10-604                    350,000
      Interest Earned on Capital Reserve                    10-604                      3,497              250              250
      Equipment                                             12-XXX-XXX-73X                              25,964            3,200
      Facilities Acquisition and Construction Services      12-000-4XX-XXX             41,156           23,934          231,272
      TOTAL CAPITAL EXPENDITURES                                                      394,653           50,148          234,722
      OPERATING BUDGET GRAND TOTAL                                                 11,554,419       12,075,701       11,824,690

      SPECIAL GRANTS AND ENTITLEMENTS
      Title II                                              20-XXX-XXX-XXX             18,273           13,343           11,859
      Federal Projects:
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            131,347          145,998          143,604
      Other Special Projects                                20-XXX-XXX-XXX             20,056
      Total Federal Projects                                                          169,676          159,341          155,463
      TOTAL GRANTS AND ENTITLEMENTS                                                   169,676          159,341          155,463

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            845,024          733,002          823,320
      TOTAL REPAYMENT OF DEBT                                                         845,024          733,002          823,320
      Total Expenditures                                                           12,569,119       12,968,044       12,803,473

      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                                          12,569,119       12,968,044       12,803,473
 

                                                     HUNTERDON  -  TEWKSBURY TWP

                                          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                               649,833               514,475               464,469               250,000
        Repayment of Debt                                            0                     1                     1                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                    487,134               840,631               843,381               843,631
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                252,332               262,532               105,532               105,532
            Legal Reserve                                      358,401               153,700               136,829                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                  250,000               250,000               250,000               250,000
         Repayment of Debt:
            Restricted for Repayment of Debt                         0                     0                     0                     0
 



                                                     HUNTERDON  -  TEWKSBURY TWP

                                               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                 13763           13797          15613          16165          15833
Total Classroom Instruction                                 8477            8605           9522           9731           9567
Classroom-Salaries and Benefits                             8170            8348           9198           9359           9192
Classroom-General Supplies and Textbooks                     249             208            259            306            310
Classroom-Purchased Services and Other                        57              49             65             66             66
Total Support Services                                      1841            1986           2317           2381           2540
Support Services-Salaries and Benefits                      1498            1541           1872           1912           2036
Total Administrative Costs                                  1683            1617           1763           2006           1804
Administration-Salaries and Benefits                        1274            1335           1459           1685           1500
Legal Costs                                                    0             162             66             35             36
Total Operations and Maintenance of Plant                   1397            1345           1599           1635           1521
Operations & Maintenance of Plant-Salary & Ben.              703             576            757            748            679
Board Contribution to Food Services                            0               0              0              0              0
Total Extracurricular Costs                                  236             235            256            264            264
Total Equipment Costs                                        106               0            119             37              5
Employee Benefits as a % of Salaries                        28.2            34.1           36.2           35.1           32.1


 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.

                                                    HUNTERDON  -  TEWKSBURY TWP

                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

                             HUNTERDON  -  TEWKSBURY TWP

Shared Services -- Description of Shared Services
_________________________________________________

  Transportation jointure with another LEA                                 
  Sending/receiving relationship for special ed programs                   
  Interlocal with township for snow plowing, parking lot repairs,          
  use of storage facility, use of school facilities with Township, township
  maintenance of district owned fields, use of township's fuel depot.      
  BOE shared services agreement with Tewksbury Athletic Assocation         
  for use of school facilities.                                            
  Shared service with Readington Township BOE for computer technician      
  services                                                                 

                             HUNTERDON  -  TEWKSBURY TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 12-13 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       10,878,900 (A)
Estimated Net Taxable Valuation (as of 01/31/2012 )         1,351,462,765 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100           0.8050 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              11,702,219 (D)
Estimated Net Taxable Valuation (as of 01/31/2012 )         1,351,462,765 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)X100                  0.8659 (F)


B. Estimated 12-13 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       10,878,900 (G)
Estimated Equalized Valuation (as of 10/01/2011 )           1,735,241,391 (H)
Estimated 12-13 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.6269 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              11,702,219 (J)
Estimated Equalized Valuation (as of 10/01/2011 )           1,735,241,391 (K)
Estimated 12-13 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.6744 (L)

                             HUNTERDON  -  TEWKSBURY TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   James Gamble             
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     135,000
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/14/2011
   Ending Date of Contract              06/30/2013
   Annual Work Days                     260
   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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                             HUNTERDON  -  TEWKSBURY TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Karin Laraway            
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     109,430
 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                  20
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                15
   Description-Other Non-working Days   Holidays                      

 Benefits:
 Allowances                                 2,500
 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                  15,000
 Description of:
   Buyback of Sick Days                                                     
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits           Maximum sick time retirement pay-out  
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration               532
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days                                              
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration     Professional liability bond           
                                                                            
                                                                            

 Additional Comments