03/03/2008                                           OCEAN  -  EAGLESWOOD TWP


                                                       Advertised Enrollments


      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
 
      Pupils on Roll Regular Full-Time                       119                      122                      137


      Pupils on Roll - Special Full-Time                      22                       20                       24

      Private School Placements                                1                       2                        2

      Pupils Sent to Other Districts-Reg Prog                                          2                        2
 


                                                      OCEAN - EAGLESWOOD TWP

                                                      Advertised Revenues


      Budget Category                                        Account            2006-07          2007-08          2008-09
                                                                                 Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                                       30,000

     
      Revenues from Local Sources:                                       

      Local Tax Levy                                        10-1210                 1,380,676        1,447,788        1,505,700
      Unrestricted Miscellaneous Revenues                   10-1XXX                    16,294            3,000            3,000
      SUBTOTAL                                                                      1,396,970        1,450,788        1,508,700


      Revenues from State Sources:                                      

      Core Curriculum Standards Aid                         10-3111                   299,075          299,075
      Transportation Aid                                    10-3120                    38,894           38,894
      Special Education Aid                                 10-3130                   168,009          168,009
      Stabilization Aid                                     10-3171                    60,973           60,973
      Extraordinary Aid                                     10-3131                     6,995                            11,889
      Consolidated Aid                                      10-3195                    16,239           16,239
      Additional Formula Aid                                10-3196                    21,088           42,809
      Other State Aids                                      10-3XXX                     1,276           20,619
      Categorical Special Education Aid                     10-3132                                                      62,358
      Equalization Aid                                      10-3176                                                     264,888
      Categorical Security Aid                              10-3177                                                      10,409
      Adjustment Aid                                        10-3178                                                     370,794
      Categorical Transportation Aid                        10-3121                                                      54,227
      SUBTOTAL                                                                        612,549          646,618          774,565
      Actual Revenues (Over)/Under Expenditures                                       -45,975
      TOTAL OPERATING BUDGET                                                        1,963,544        2,097,406        2,313,265
      GRANTS AND ENTITLEMENTS


      Revenues from State Sources:                                        
      Early Childhood Program Aid                           20-3211                    72,936           72,936           72,936
      Demonstrably Effective Program Aid                    20-3212                    46,815           46,815
      Preschool Education Aid                               20-3218                                                      30,585
      TOTAL REVENUES FROM STATE SOURCES                                               119,751          119,751          103,521

      Revenues from Federal Sources:                                      
      Title I                                               20-4411-4416               26,102            6,970            6,970
      Title VI                                              20-4417-4418                                   385              385
      I.D.E.A. Part B (Handicapped)                         20-4420-4429               42,485            9,432            9,432
      Other                                                 20-4XXX                    28,977
      TOTAL REVENUES FROM FEDERAL SOURCES                                              97,564           16,787           16,787
      TOTAL GRANTS AND ENTITLEMENTS                                                   217,315          136,538          120,308
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                                       55,645

      Revenues from Local Sources:                                       
      Local Tax Levy                                        40-1210                    43,412           81,008           39,389
      Miscellaneous                                         40-1XXX                    55,645
      TOTAL REVENUES FROM LOCAL SOURCES                                                99,057           81,008           39,389

      Revenues from State Sources:                                       
      Debt Service Aid Type II                              40-3160                    23,113           48,557           63,356
      TOTAL LOCAL REPAYMENT OF DEBT                                                   122,170          129,565          158,390
      Actual Revenues (Over)/Under Expenditures                                       -55,645
      TOTAL REPAYMENT OF DEBT                                                          66,525          129,565          158,390
      TOTAL REVENUES/SOURCES                                                        2,247,384        2,363,509        2,591,963



                                                      OCEAN - EAGLESWOOD TWP 

                                                    Advertised Appropriations

      Budget Category                                      Account                 2006-07          2007-08         2008-09=20
                                                                                  Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX            653,145          714,288          776,721
      Special Education                                     11-2XX-100-XXX            215,252          240,182          136,747
      Basic Skills/Remedial                                 11-230-100-XXX             14,344           20,000          106,661
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             20,469            6,488            4,488
      Support Services:
      Tuition                                               11-000-100-XXX             84,625           60,000          115,000
      Attendance and Social Work Services                   11-000-211-XXX              8,500            3,882            6,190
      Health Services                                       11-000-213-XXX             36,079           39,200           51,609
      Students - Related & Extraordinary                    11-000-216,217                              26,818           22,315
      Child Study Teams                                     11-000-219-XXX             19,912           20,000           38,785
      Educational Media Services - School Library           11-000-222-XXX             28,393           10,500            1,500
      Instructional Staff Training Services                 11-000-223-XXX             20,573           30,700           38,510
      General Administration                                11-000-230-XXX            132,325          130,690          125,246
      School Administration                                 11-000-240-XXX             47,999           56,497           57,533
      Operation and Maintenance of Plant Services           11-000-26X-XXX            200,301          227,771          216,003
      Student Transportation Services                       11-000-270-XXX            131,992          132,071          139,198
      Other Support Services                                11-000-290-XXX             31,169           32,604           34,604
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX            272,767          277,400          370,200
      Food Services                                         11-000-310-XXX             45,699           68,315           71,955
      Total Support Services Expenditures                                           1,060,334        1,116,448        1,288,648
      TOTAL GENERAL CURRENT EXPENSE                                                 1,963,544        2,097,406        2,313,265
      OPERATING BUDGET GRAND TOTAL                                                  1,963,544        2,097,406        2,313,265

      SPECIAL GRANTS AND ENTITLEMENTS
      Instruction                                           20-211-100-XXX             66,936           66,936           89,021
      Early Childhood Program Aid:
      Support Services                                      20-211-200-XXX              6,000            6,000           14,500
      TOTAL EARLY CHILDHOOD PROGRAM AID                                                72,936           72,936          103,521
      Demonstrably Effective Program Aid:
      Instruction                                           20-212-100-XXX             42,000           42,815
      Support Services                                      20-212-200-XXX              4,815            4,000
      TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID                                         46,815           46,815
      Total State Projects                                                            119,751          119,751          103,521
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX             26,102            6,970            6,970
      Title VI                                              20-XXX-XXX-XXX                                 385              385
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX             42,485            9,432            9,432
      Other Special Projects                                20-XXX-XXX-XXX             28,977
      Total Federal Projects                                                           97,564           16,787           16,787
      TOTAL GRANTS AND ENTITLEMENTS                                                   217,315          136,538          120,308

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX             66,525          129,565          158,390
      TOTAL REPAYMENT OF DEBT                                                          66,525          129,565          158,390
      Total Expenditures                                                            2,247,384        2,363,509        2,591,963

      DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
      Local Contrib-Transfer to Grants & Entitlements       11-1XX-100-930
      Capital Reserve - Transfer to Repayment of Debt       12-000-400-933

      TOTAL EXPENDITURES NET OF TRANSFERS                                           2,247,384        2,363,509        2,591,963

                                                      OCEAN  -  EAGLESWOOD TWP

                                          Advertised Recapitulation of Balance

                                                              Audited               Audited              Estimated             Estimated
                                                              Balance               Balance               Balance               Balance
      Budget Category                                        6/30/2006             6/30/2007             6/30/2008             6/30/2009

      Unreserved:
        General Operating Budget                                14,022                59,997               109,997                79,997
        Repayment of Debt                                            0                55,645                55,645                     0

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



                                                      OCEAN  -  EAGLESWOOD TWP

                                               Advertised Per Pupil Cost Calculations

                                                     2008 - 2009

                                                    2005-06        2006-07           2007-08       2007-08       2008-2009
                                                     Actual        Actual           Original      Revised       Proposed
                                                                                      Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            (2)              (3)           (4)            (5)

Total Comparative Per Pupil Cost                           11092           13356          12657          14261          13432
Total Classroom Instruction                                 7069            8544           8066           9088           8606
Classroom-Salaries and Benefits                             6667            8055           7516           8469           8078
Classroom-General Supplies and Textbooks                     402             489            550            619            529
Classroom-Purchased Services and Other                                                                       0              0
Total Support Services                                       844             924            951           1071           1183
Support Services-Salaries and Benefits                       503             590            767            864            920
Total Administrative Costs                                  1572            1780           1613           1818           1641
Administration-Salaries and Benefits                        1259            1484           1397           1574           1370
Total Operations and Maintenance of Plant                   1257            1555           1531           1725           1487
Operations & Maintenance of Plant-Salary & Ben.              568             677            624            703            682
Total Food Services Costs                                    276             327            427            481            447
Total Extracurricular Costs                                   39             178             41             46             28
Total Equipment Costs                                                                                        0              0
Employee Benefits as a % of Salaries                        18.9            21.9           20.7           20.7           27.0


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2008 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 2007-08 revised appropriations and 2008-09 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.

                                                      OCEAN  -  EAGLESWOOD TWP

                Unusual Revenues and Appropriations
                ___________________________________

Line Number   Revenue Source or               08-09 Amount           Description of circumstances
                Approp. Due to   


Total Unusual Revenues:
                                   0                   Total Unusual Appropriations:               0


                              OCEAN  -  EAGLESWOOD TWP

Shared Services -- Description of Shared Services
_________________________________________________

  Eagleswood Township - Informal Trash Collection agreement              
  Pinelands Regional - Transportation Jointure                           
  Tuckerton Borough School District - Preschool Handicapped Services     
  ACES - Energy                                                          
  MOESC - Transportation                                                 
  Eagleswood Township - Informal recycling agreement                     
  Eagleswood Township - Informal snow removal agreement                  
  Agreem;ent with ACT to bid for local & long distance phone service 
  Jointure with South Jersey Food Co-Op for all food                     
  Agreement with MOESC to bid for electricity                            
  Jointure with Lacey Township School District to bid for milk, milk     
     products & bread.                                               


                              OCEAN  -  EAGLESWOOD TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,505,700 (A)
Estimated Net Taxable Valuation (as of 01/04/2008 )           284,833,694 (B)
Estimated 08-09 General Fund School Tax Rate=3D(A)/(B)X100         0.5286 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,545,089 (D)
Estimated Net Taxable Valuation (as of 01/04/2008 )           284,833,694 (E)
Estimated 08-09 Total School Tax Rate=3D(D)/(E)X100                0.5425 (F)



B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,505,700 (G)
Estimated Equalized Valuation (as of 01/01/2008 )             308,490,534 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=3D(G)/(H)X100                    0.4881 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,545,089 (J)
Estimated Equalized Valuation (as of 01/01/2008 )             308,490,534 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=3D(J)/(K)X100                           0.5009 (L)