03/27/2012                                            MORRIS  -  DENVILLE TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2010         October 15, 2011         October 15, 2012
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                      1620                     1566                     1527





      Pupils on Roll - Special Full-Time                     243                      261                      259


      Subtotal - Pupils On Roll                              1863                     1827                     1786
      Private School Placements                               18                       14                       12





      Pupils Sent to Other Dists-Spec Ed Prog                  1                        1                        1

      Pupils Received                                          1                        4
 


                                                       MORRIS - DENVILLE TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2010-11          2011-12          2012-13
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                      74,638          276,272

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                24,916,117       25,337,084       25,843,825
      Tuition                                               10-1300                    48,781
      Transportation Fees from Individuals                  10-1410                        80
      Interest Earned on Capital Reserve Funds              10-1XXX                        87            1,000            1,000
      Other Restricted Miscellaneous Revenues               10-1XXX                    64,400           75,515           63,500
      Unrestricted Miscellaneous Revenues                   10-1XXX                    64,022           55,000           26,000
      SUBTOTAL                                                                     25,093,487       25,468,599       25,934,325

      Revenues from State Sources:                                         
      Extraordinary Aid                                     10-3131                   287,769           50,000           50,000
      Other State Aids                                      10-3XXX                    14,616
      Categorical Special Education Aid                     10-3132                   442,117          705,380        1,027,255
      Categorical Security Aid                              10-3177                                                      26,461
      Categorical Transportation Aid                        10-3121                                                     107,706
      SUBTOTAL                                                                        744,502          755,380        1,211,422

      Revenues from Federal Sources:                                       
      Education Jobs Fund                                   18-4522                                     58,224
      Actual Revenues (Over)/Under Expenditures                                        34,445
      TOTAL OPERATING BUDGET                                                       25,872,434       26,356,841       27,422,019
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                     4,749

      Revenues from State Sources:                                         
      Other Restricted Entitlements                         20-32XX                    89,970           95,431           48,000
      TOTAL REVENUES FROM STATE SOURCES                                                89,970           95,431           48,000

      Revenues from Federal Sources:                                       
      Title II                                              20-4451-4455               26,044           32,868           30,000
      Title III                                             20-4491-4494                3,150            6,362            6,000
      Title IV                                              20-4471-4474                  215                             4,000
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              787,489          457,093          390,000
      TOTAL REVENUES FROM FEDERAL SOURCES                                             816,898          496,323          430,000
      TOTAL GRANTS AND ENTITLEMENTS                                                   911,617          591,754          478,000
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                      38,299

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   426,546          398,616          440,737
      TOTAL REVENUES FROM LOCAL SOURCES                                               426,546          398,616          440,737

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   151,665          158,873          160,263
      TOTAL LOCAL REPAYMENT OF DEBT                                                   578,211          595,788          601,000
      Actual Revenues (Over)/Under Expenditures                                        20,927
      TOTAL REPAYMENT OF DEBT                                                         599,138          595,788          601,000
      TOTAL REVENUES/SOURCES                                                       27,383,189       27,544,383       28,501,019
                                                       MORRIS - DENVILLE 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          8,199,278        8,453,761        8,485,188
      Special Education                                     11-2XX-100-XXX          2,480,966        2,589,597        2,637,004
      Basic Skills/Remedial                                 11-230-100-XXX            265,101          264,682          252,314
      Bilingual Education                                   11-240-100-XXX             45,293           46,593           54,556
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX            135,887          131,250          136,243
      Support Services:
      Tuition                                               11-000-100-XXX            877,851          758,311          620,736
      Attendance and Social Work Services                   11-000-211-XXX                               1,500            1,500
      Health Services                                       11-000-213-XXX            284,236          298,523          288,208
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            785,551          784,343          755,471
      Guidance                                              11-000-218-XXX            469,166          463,898          515,836
      Child Study Teams                                     11-000-219-XXX            774,784          779,634          788,282
      Improvement of Instructional Services                 11-000-221-XXX             65,863          104,867           85,551
      Educational Media Services - School Library           11-000-222-XXX            317,358          313,556          327,211
      Instructional Staff Training Services                 11-000-223-XXX            302,479          339,541          406,441
      General Administration                                11-000-230-XXX            450,366          446,404          394,608
      School Administration                                 11-000-240-XXX            922,709          964,053          962,368
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            544,334          536,765          474,468
      Operation and Maintenance of Plant Services           11-000-26X-XXX          1,645,934        2,007,113        1,766,647
      Student Transportation Services                       11-000-270-XXX          1,629,864        1,700,783        1,729,623
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          4,820,001        4,548,216        5,387,796
      Total Support Services Expenditures                                          13,890,496       14,047,507       14,504,746
      TOTAL GENERAL CURRENT EXPENSE                                                25,017,021       25,533,390       26,070,051

      CAPITAL EXPENDITURES
      Deposit to Capital Reserve                            10-604                                      59,014
      Interest Earned on Capital Reserve                    10-604                                       1,000            1,000
      Facilities Acquisition and Construction Services      12-000-4XX-XXX            745,010          631,298        1,208,968
      TOTAL CAPITAL EXPENDITURES                                                      745,010          691,312        1,209,968
      Transfer of Funds to Charter Schools                  10-000-100-56X            110,403          132,139          142,000
      OPERATING BUDGET GRAND TOTAL                                                 25,872,434       26,356,841       27,422,019

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX              4,749
      Other State Projects:
      Nonpublic Textbooks                                   20-XXX-XXX-XXX             10,685            9,287            8,000
      Nonpublic Auxiliary Services                          20-XXX-XXX-XXX             26,541           44,767           15,000
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX             39,745           28,111           15,000
      Nonpublic Nursing Services                            20-XXX-XXX-XXX             12,999           13,266           10,000
      Total State Projects                                                             89,970           95,431           48,000
      Federal Projects:
      Title II                                              20-XXX-XXX-XXX             26,044           32,868           30,000
      Title III                                             20-XXX-XXX-XXX              3,150            6,362            6,000
      Title IV                                              20-XXX-XXX-XXX                215                             4,000
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            787,489          457,093          390,000
      Total Federal Projects                                                          816,898          496,323          430,000
      TOTAL GRANTS AND ENTITLEMENTS                                                   911,617          591,754          478,000

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            599,138          595,788          601,000
      TOTAL REPAYMENT OF DEBT                                                         599,138          595,788          601,000
      Total Expenditures                                                           27,383,189       27,544,383       28,501,019

      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                                          27,383,189       27,544,383       28,501,019
 

                                                       MORRIS  -  DENVILLE 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                               533,686               707,185               790,400               527,137
        Repayment of Debt                                       59,226                38,299                     0                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                        170                   257               165,681               166,681
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                      194,733                13,009                13,009                     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
 



                                                       MORRIS  -  DENVILLE 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                 11752           12473          12286          12907          13473
Total Classroom Instruction                                 7384            7764           7560           7781           8235
Classroom-Salaries and Benefits                             6921            7315           6971           7152           7561
Classroom-General Supplies and Textbooks                     215             176            234            234            298
Classroom-Purchased Services and Other                       248             273            355            394            376
Total Support Services                                      2024            2111           2053           2111           2270
Support Services-Salaries and Benefits                      1733            1960           1867           1927           2041
Total Administrative Costs                                  1206            1314           1248           1304           1303
Administration-Salaries and Benefits                        1013            1097           1047           1083           1142
Legal Costs                                                    0               7             17             10             11
Total Operations and Maintenance of Plant                    959            1050           1212           1236           1150
Operations & Maintenance of Plant-Salary & Ben.              482             593            587            613            661
Board Contribution to Food Services                            1               0              0              0              0
Total Extracurricular Costs                                   64              95             87             91             99
Total Equipment Costs                                         30               0              0              0              0
Employee Benefits as a % of Salaries                        28.1            29.7           27.7           27.7           32.9


 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.

                                                      MORRIS  -  DENVILLE 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

                               MORRIS  -  DENVILLE TWP

Shared Services -- Description of Shared Services
_________________________________________________

  The District participates in Co-op purchasing through the Middlesex      
  Regional Educational Services Commission and Ed-Data. The District       
  utilizes the Morris County ESC for OOD transportation requirements as    
  well as its 192/193 requirements.  The District participates in the      
  ACES Program. The District has a shared services agreement with          
  Mendham for Transportation services to a private school.  The District   
  is working with its neighboring district to develop a shared curriculum  
  model.  The District works with the town for its garbage removal         
  services.  The District continues to explore opportunities to share      
  maintenance, custodial and grounds services with the Township of         
  Denville.                                                                

                               MORRIS  -  DENVILLE TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 12-13 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       25,590,455 (A)
Estimated Net Taxable Valuation (as of 10/01/2011 )         2,280,491,100 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100           1.1221 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              26,010,131 (D)
Estimated Net Taxable Valuation (as of 10/01/2011 )         2,280,491,100 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)X100                  1.1405 (F)


B. Estimated 12-13 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       25,590,455 (G)
Estimated Equalized Valuation (as of 10/01/2011 )           3,350,706,876 (H)
Estimated 12-13 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.7637 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              26,010,131 (J)
Estimated Equalized Valuation (as of 10/01/2011 )           3,350,706,876 (K)
Estimated 12-13 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.7763 (L)

                               MORRIS  -  DENVILLE TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Dr. Drucilla Clark       
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     161,204
 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              06/30/2013
   Annual Work Days                     260
   Annual Vacation Days                  30
   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                           561
   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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                               MORRIS  -  DENVILLE TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Michael Davison          
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                     103,500
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           11/01/2011
   Ending Date of Contract              06/30/2012
   Annual Work Days                     260
   Annual Vacation Days                  20
   Annual Sick Days                      10
   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                           328
   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