03/21/2011                                           SUSSEX  -  STILLWATER TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2009         October 15, 2010         October 15, 2011
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       355                      326                      329





      Pupils on Roll - Special Full-Time                      46                       55                       60


      Subtotal - Pupils On Roll                               401                      381                      389








      Pupils Received                                                                   2                        3
 


                                                      SUSSEX - STILLWATER TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2009-10          2010-11          2011-12
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     297,518           43,563
      Withdrawal from Cap Res-for Local Share               10-307                                     110,000           50,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 3,653,568        3,749,704        3,824,698
      Tuition                                               10-1300                    43,214           26,250           58,750
      Interest Earned on Capital Reserve Funds              10-1XXX                     2,582            1,000              500
      Unrestricted Miscellaneous Revenues                   10-1XXX                     8,714           10,000            6,000
      SUBTOTAL                                                                      3,708,078        3,786,954        3,889,948

      Revenues from State Sources:                                         
      Other State Aids                                      10-3XXX                       282
      Categorical Special Education Aid                     10-3132                   195,219          188,487          188,487
      Equalization Aid                                      10-3176                   765,290        1,015,522        1,015,522
      Categorical Security Aid                              10-3177                    18,206           33,024           33,024
      Adjustment Aid                                        10-3178                   394,074          362,583          421,345
      Categorical Transportation Aid                        10-3121                   103,360          153,214          153,214
      SUBTOTAL                                                                      1,476,431        1,752,830        1,811,592

      Revenues from Federal Sources:                                       
      Medicaid Reimbursement                                10-4200                     6,710            5,828            5,576
      Equalization Aid - ARRA ESF                           16-4520                   184,776
      Equalization Aid - ARRA GSF                           17-4521                     7,153
      Education Jobs Fund                                   18-4522                                                      67,816
      SUBTOTAL                                                                        198,639            5,828           73,392
      Adjustment for Prior Year Encumbrances                                                             5,288
      Actual Revenues (Over)/Under Expenditures                                       135,470
      TOTAL OPERATING BUDGET                                                        5,518,618        5,958,418        5,868,495
      GRANTS AND ENTITLEMENTS

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               25,205           24,192           20,563
      Title II                                              20-4451-4455                                 8,226            6,992
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              173,156           87,375           74,269
      Other                                                 20-4XXX                    51,670           43,674           37,123
      TOTAL REVENUES FROM FEDERAL SOURCES                                             250,031          163,467          138,947
      TOTAL GRANTS AND ENTITLEMENTS                                                   250,031          163,467          138,947
      TOTAL REVENUES/SOURCES                                                        5,768,649        6,121,885        6,007,442
                                                      SUSSEX - STILLWATER TWP

                                                   Advertised Appropriations

                Budget Category                                Account          2009-10          2010-11         2011-12 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX          2,059,455        2,052,931        2,055,458
      Special Education                                     11-2XX-100-XXX            372,530          443,242          415,228
      Basic Skills/Remedial                                 11-230-100-XXX            168,101          140,466          153,268
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             16,655           16,750           19,265
      Support Services:
      Tuition                                               11-000-100-XXX                              25,136
      Health Services                                       11-000-213-XXX             76,349           78,647           83,980
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            136,461          143,452          147,751
      Guidance                                              11-000-218-XXX                820                             1,000
      Child Study Teams                                     11-000-219-XXX            273,937          276,918          272,697
      Improvement of Instructional Services                 11-000-221-XXX              5,154            4,300            4,000
      Educational Media Services - School Library           11-000-222-XXX             56,023           59,680           58,945
      Instructional Staff Training Services                 11-000-223-XXX              3,960           11,500            8,000
      General Administration                                11-000-230-XXX            280,167          292,872          276,745
      School Administration                                 11-000-240-XXX            148,322          161,623          145,820
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            151,265          171,283          166,088
      Operation and Maintenance of Plant Services           11-000-26X-XXX            437,352          472,319          513,777
      Student Transportation Services                       11-000-270-XXX            313,927          334,369          314,600
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX            935,657        1,082,842        1,120,128
      Total Support Services Expenditures                                           2,819,394        3,114,941        3,113,531
      TOTAL GENERAL CURRENT EXPENSE                                                 5,436,135        5,768,330        5,756,750

      CAPITAL EXPENDITURES
      Interest Earned on Capital Reserve                    10-604                                       1,000              500
      Equipment                                             12-XXX-XXX-73X              4,565           45,000
      Facilities Acquisition and Construction Services      12-000-4XX-XXX             36,181           66,260           50,733
      TOTAL CAPITAL EXPENDITURES                                                       40,746          112,260           51,233
      Transfer of Funds to Charter Schools                  10-000-100-56X             41,737           77,828           60,512
      OPERATING BUDGET GRAND TOTAL                                                  5,518,618        5,958,418        5,868,495

      SPECIAL GRANTS AND ENTITLEMENTS
      Title I                                               20-XXX-XXX-XXX             25,205           24,192           20,563
      Federal Projects:
      Title II                                              20-XXX-XXX-XXX                               8,226            6,992
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            173,156           87,375           74,269
      Other Special Projects                                20-XXX-XXX-XXX             51,670           43,674           37,123
      Total Federal Projects                                                          250,031          163,467          138,947
      TOTAL GRANTS AND ENTITLEMENTS                                                   250,031          163,467          138,947
      Total Expenditures                                                            5,768,649        6,121,885        6,007,442

      DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
                                                            11-1XX-100-930
      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                                           5,768,649        6,121,885        6,007,442
 

                                                      SUSSEX  -  STILLWATER TWP

                                          Advertised Recapitulation of Balance

                                                              Audited               Audited              Estimated             Estimated
                                                              Balance               Balance               Balance               Balance
      Budget Category                                        6/30/2009             6/30/2010             6/30/2011             6/30/2012

      Unassigned:
        General Operating Budget                               250,852               250,282               250,000               250,000
        Repayment of Debt                                            0                     0                     0                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                    356,904               359,810               250,810               201,310
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                      401,731               341,081                43,563                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Restricted for Repayment of Debt                            0                     0                     0                     0
 



                                                      SUSSEX  -  STILLWATER TWP

                                               Advertised Per Pupil Cost Calculations

                                                     2011 - 2012

                                                    2008-09        2009-10           2010-11       2010-11       2011-2012
                                                     Actual         Actual           Original      Revised       Proposed
                                                                                      Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            (2)              (3)           (4)            (5)

Total Comparative Per Pupil Cost                           12066           12387          13815          14424          14135
Total Classroom Instruction                                 7725            8129           8739           8980           8787
Classroom-Salaries and Benefits                             7406            7916           8479           8708           8606
Classroom-General Supplies and Textbooks                     319             213            260            271            180
Classroom-Purchased Services and Other                         0               0              1              1              1
Total Support Services                                      1596            1709           1854           1938           1903
Support Services-Salaries and Benefits                      1519            1591           1745           1815           1771
Total Administrative Costs                                  1592            1752           1875           2041           1895
Administration-Salaries and Benefits                        1347            1467           1571           1663           1600
Legal Costs                                                    0              31             28             40             26
Total Operations and Maintenance of Plant                   1114            1208           1294           1409           1488
Operations & Maintenance of Plant-Salary & Ben.              536             547            569            666            670
Total Food Services Costs                                      3               0              0              0              0
Total Extracurricular Costs                                   37              52             53             56             63
Total Equipment Costs                                         84              12            115            120              0
Employee Benefits as a % of Salaries                        23.2            25.5           28.0           28.8           29.7


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2011 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 2010-11 revised appropriations and 2011-12 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.

                                                     SUSSEX  -  STILLWATER TWP

                Unusual Revenues and Appropriations
                ___________________________________

Line Number   Revenue Source or               11-12 Amount           Description of circumstances
                Approp. Due to    



Total Unusual Revenues: 
                                   0                   Total Unusual Appropriations:               0

                              SUSSEX  -  STILLWATER TWP

Shared Services -- Description of Shared Services
_________________________________________________

  1. Cooperative purchasing 2. Transportation jointure with Kittatinny.    
  3. Preschool Handicapped students received from Sandyston. 4. Summer     
  School students received from Fredon School. 5. Sharing Specials teacher 
  with Fredon.6 Snow removal & use of heavy equipment from Stillwater      
  Township.                                                                

                              SUSSEX  -  STILLWATER TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 11-12 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        3,787,201 (A)
Estimated Net Taxable Valuation (as of 10/01/2010 )           249,764,913 (B)
Estimated 11-12 General Fund School Tax Rate=(A)/(B)X100           1.5163 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               3,787,201 (D)
Estimated Net Taxable Valuation (as of 10/01/2010 )           249,764,913 (E)
Estimated 11-12 Total School Tax Rate=(D)/(E)X100                  1.5163 (F)


B. Estimated 11-12 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        3,787,201 (G)
Estimated Equalized Valuation (as of 10/01/2010 )             553,212,670 (H)
Estimated 11-12 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.6846 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               3,787,201 (J)
Estimated Equalized Valuation (as of 10/01/2010 )             553,212,670 (K)
Estimated 11-12 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.6846 (L)

                              SUSSEX  -  STILLWATER TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   S.William Shelton        
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     153,129
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2014
   Annual Work Days                       5
   Annual Vacation Days                  29
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 2,875
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                            37
   Dental Insurance                         1,154
   Life Insurance                               0
   Other Insurances                           629
   Retirement Plans                             0

 Post-Employment Benefits                  36,085
 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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                              SUSSEX  -  STILLWATER TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Kathleen Kane            
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                      79,350
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                       5
   Annual Vacation Days                  20
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 1,421
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                         3,968
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                         1,063
   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