03/29/2010                                            MORRIS  -  DENVILLE TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2008         October 15, 2009         October 15, 2010
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                      1744                     1666                     1698


      Pupils on Roll - Special Full-Time                     234                      240                      240
      Pupils on Roll - Special Shared-Time                     1
      Private School Placements                               23                       20                       17
      Pupils Sent to Contracted Preschool Prog                 5                        3
      Pupils Sent to Other Districts-Reg Prog                                           1
      Pupils Sent to Other Dists-Spec Ed Prog                  7                        5
      Pupils Received                                          1                        3
 


                                                       MORRIS - DENVILLE TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2008-09          2009-10          2010-11
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     126,000          194,733
      Withdrawal from Cap Res-for Local Share               10-307                                         789

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                24,259,598       24,243,496       24,916,117
      Tuition                                               10-1300                    21,923
      Interest Earned on Capital Reserve Funds              10-1XXX                       789
      Other Restricted Miscellaneous Revenues               10-1XXX                                                      78,002
      Unrestricted Miscellaneous Revenues                   10-1XXX                    31,253           40,000           40,000
      SUBTOTAL                                                                     24,313,563       24,283,496       25,034,119

      Revenues from State Sources:                                         
      Extraordinary Aid                                     10-3131                   365,721          157,711           55,731
      Categorical Special Education Aid                     10-3132                 1,107,007        1,107,007          442,117
      Categorical Security Aid                              10-3177                    54,317          145,680
      Adjustment Aid                                        10-3178                     1,926          125,615
      Categorical Transportation Aid                        10-3121                   378,550          378,550
      SUBTOTAL                                                                      1,907,521        1,914,563          497,848
      Actual Revenues (Over)/Under Expenditures                                       -50,660
      TOTAL OPERATING BUDGET                                                       26,170,424       26,324,848       25,726,700
      GRANTS AND ENTITLEMENTS

      Revenues from State Sources:                                         
      Other Restricted Entitlements                         20-32XX                   112,368           38,000           38,000
      TOTAL REVENUES FROM STATE SOURCES                                               112,368           38,000           38,000

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416                                35,000           25,000
      Title II                                              20-4451-4455                                                 37,000
      Title III                                             20-4491-4494                                                  6,500
      Title IV                                              20-4471-4474                                                  4,000
      Title VI                                              20-4417-4418                                20,000
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              344,738          390,000          390,000
      Other                                                 20-4XXX                    83,391                           195,000
      TOTAL REVENUES FROM FEDERAL SOURCES                                             428,129          445,000          657,500
      TOTAL GRANTS AND ENTITLEMENTS                                                   540,497          483,000          695,500
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                                       20,927

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   419,798          421,613          426,546
      TOTAL REVENUES FROM LOCAL SOURCES                                               419,798          421,613          426,546

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   191,901          192,731          151,665
      TOTAL LOCAL REPAYMENT OF DEBT                                                   611,699          614,344          599,138
      Actual Revenues (Over)/Under Expenditures                                            13
      TOTAL REPAYMENT OF DEBT                                                         611,712          614,344          599,138
      TOTAL REVENUES/SOURCES                                                       27,322,633       27,422,192       27,021,338
                                                       MORRIS - DENVILLE TWP

                                                   Advertised Appropriations

                Budget Category                                Account          2008-09          2009-10         2010-11 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX          7,956,942        8,373,648        8,256,664
      Special Education                                     11-2XX-100-XXX          2,415,061        2,637,886        2,635,260
      Basic Skills/Remedial                                 11-230-100-XXX            286,964          274,017          256,208
      Bilingual Education                                   11-240-100-XXX             63,041           69,900           46,593
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX            130,673                           129,250
      School Sponsored Athletics                            11-402-100-XXX                               4,014
      Support Services:
      Tuition                                               11-000-100-XXX          1,286,201        1,259,089          754,627
      Attendance and Social Work Services                   11-000-211-XXX                               1,500            1,500
      Health Services                                       11-000-213-XXX            289,379          284,245          296,083
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            993,520          958,303          877,549
      Guidance                                              11-000-218-XXX            480,882          451,866          471,339
      Child Study Teams                                     11-000-219-XXX            787,617          804,895          778,543
      Improvement of Instructional Services                 11-000-221-XXX             68,492           85,376           82,631
      Educational Media Services - School Library           11-000-222-XXX            290,952          296,757          317,851
      Instructional Staff Training Services                 11-000-223-XXX            289,917          344,684          323,454
      General Administration                                11-000-230-XXX            467,189          466,301          426,864
      School Administration                                 11-000-240-XXX            869,784          914,719          945,207
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            496,107          514,860          512,341
      Operation and Maintenance of Plant Services           11-000-26X-XXX          1,638,086        1,648,193        1,757,792
      Student Transportation Services                       11-000-270-XXX          1,514,752        1,610,126        1,604,537
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          4,359,601        4,433,531        4,514,224
      Total Support Services Expenditures                                          13,832,479       14,074,445       13,664,542
      TOTAL GENERAL CURRENT EXPENSE                                                24,685,160       25,433,910       24,988,517

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X            101,619           60,000
      Facilities Acquisition and Construction Services      12-000-4XX-XXX          1,341,935          777,914          636,638
      TOTAL CAPITAL EXPENDITURES                                                    1,443,554          837,914          636,638
      Transfer of Funds to Charter Schools                  10-000-100-56X             41,710           53,024          101,545
      OPERATING BUDGET GRAND TOTAL                                                 26,170,424       26,324,848       25,726,700

      SPECIAL GRANTS AND ENTITLEMENTS
      Nonpublic Textbooks                                   20-XXX-XXX-XXX              6,822            8,000            8,000
      Other State Projects:
      Nonpublic Auxiliary Services                          20-XXX-XXX-XXX              5,082           10,000           10,000
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX             18,330            5,000            5,000
      Nonpublic Nursing Services                            20-XXX-XXX-XXX              9,264           10,000           10,000
      Nonpublic Technology Initiative                       20-XXX-XXX-XXX              4,800            5,000            5,000
      Other Special Projects                                20-XXX-XXX-XXX             68,070
      Total State Projects                                                            112,368           38,000           38,000
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX                              35,000           25,000
      Title II                                              20-XXX-XXX-XXX                                               37,000
      Title III                                             20-XXX-XXX-XXX                                                6,500
      Title IV                                              20-XXX-XXX-XXX                                                4,000
      Title VI                                              20-XXX-XXX-XXX                              20,000
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            344,738          390,000          390,000
      Other Special Projects                                20-XXX-XXX-XXX             83,391                           195,000
      Total Federal Projects                                                          428,129          445,000          657,500
      TOTAL GRANTS AND ENTITLEMENTS                                                   540,497          483,000          695,500

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            611,712          614,344          599,138
      TOTAL REPAYMENT OF DEBT                                                         611,712          614,344          599,138
      Total Expenditures                                                           27,322,633       27,422,192       27,021,338

      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
      Transfer Property Sale Proceeds to Debt Svc Res       11-000-520-934

      TOTAL EXPENDITURES NET OF TRANSFERS                                          27,322,633       27,422,192       27,021,338
 

                                                       MORRIS  -  DENVILLE TWP

                                          Advertised Recapitulation of Balance

                                                              Audited               Audited              Estimated             Estimated
                                                              Balance               Balance               Balance               Balance
      Budget Category                                        6/30/2008             6/30/2009             6/30/2010             6/30/2011

      Unassigned:
        General Operating Budget                               438,584               299,719               452,472               451,683
        Repayment of Debt                                           13                     0                20,927                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                      5,208                   789                     0                     0
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                            0               193,944               193,944                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Restricted for Repayment of Debt                            0                     0                     0                     0
 



                                                       MORRIS  -  DENVILLE TWP

                                               Advertised Per Pupil Cost Calculations

                                                     2010 - 2011

                                                    2007-08        2008-09           2009-10       2009-10       2010-2011
                                                     Actual         Actual           Original      Revised       Proposed
                                                                                      Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            (2)              (3)           (4)            (5)

Total Comparative Per Pupil Cost                           10544           11382          11289          11778          11616
Total Classroom Instruction                                 6424            7038           7163           7440           7206
Classroom-Salaries and Benefits                             6153            6712           6704           6961           6733
Classroom-General Supplies and Textbooks                     181             228            206            215            185
Classroom-Purchased Services and Other                        90              99            253            264            287
Total Support Services                                      1914            2031           1970           2060           2005
Support Services-Salaries and Benefits                      1615            1662           1646           1718           1791
Total Administrative Costs                                  1121            1163           1124           1203           1184
Administration-Salaries and Benefits                         929             952            935            976            996
Legal Costs                                                    0               0             10             11             10
Total Operations and Maintenance of Plant                    903             961            927            968           1022
Operations & Maintenance of Plant-Salary & Ben.              466             467            459            479            537
Total Food Services Costs                                      0               0              0              0              0
Total Extracurricular Costs                                   81              86              3              3             84
Total Equipment Costs                                        112              54             30             32              0
Employee Benefits as a % of Salaries                        27.8            27.9           27.7           27.8           27.7


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2010 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 2009-10 revised appropriations and 2010-11 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.

                                                      MORRIS  -  DENVILLE TWP

                Unusual Revenues and Appropriations
                ___________________________________

Line Number   Revenue Source or               10-11 Amount           Description of circumstances
                Approp. Due to    

    00252   Pay to play for EC                      78,002       Pay to play for Extra Curricular        
    00500   ARRA funding                           195,000       ARRA funding from Federal government    
    06080   Extracurricular activitie              134,224       Extracurricular activites funded in budg


Total Unusual Revenues: 
                             273,002                   Total Unusual Appropriations:         134,224

                               MORRIS  -  DENVILLE TWP

Shared Services -- Description of Shared Services
_________________________________________________

  The District participates in Co-op purchasing through the Morris County C
  o-op, the Middlesex Regional Educatinal services commision and the Pittsg
  rove Co-op. The District uitilizes the Morris County ESC for OOD transpor
  tation requirements as well as its 192/193 requirements. The district has
   utilized group purchasing with other districts for such services as popu
  lation projections. The district continues to explore with the Township o
  f Denville ways to share maintenance service, equipment, plowing services
  , building and grounds service, etc. The district participates in ACES.  

                               MORRIS  -  DENVILLE TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 10-11 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       24,579,807 (A)
Estimated Net Taxable Valuation (as of 01/13/2010 )         2,285,188,800 (B)
Estimated 10-11 General Fund School Tax Rate=(A)/(B)X100           1.0756 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              25,003,886 (D)
Estimated Net Taxable Valuation (as of 01/13/2010 )         2,285,188,800 (E)
Estimated 10-11 Total School Tax Rate=(D)/(E)X100                  1.0942 (F)


B. Estimated 10-11 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       24,579,807 (G)
Estimated Equalized Valuation (as of 01/13/2010 )           3,396,030,317 (H)
Estimated 10-11 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.7238 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              25,003,886 (J)
Estimated Equalized Valuation (as of 01/13/2010 )           3,396,030,317 (K)
Estimated 10-11 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.7363 (L)

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

 Name                                   Dr. Drucilla Clark       
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     158,043
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2008
   Ending Date of Contract              06/30/2012
   Annual Work Days                     240
   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                                 3,339
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                         1,236
   Life Insurance                               0
   Other Insurances                             0
   Retirement Plans                             0

 Post-Employment Benefits                   5,390
 Description of:
   Buyback of Sick Days               Teachers can sell up to $10,890       
   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                                   John Serapiglia          
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                      99,220
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2009
   Ending Date of Contract              06/30/2010
   Annual Work Days                     240
   Annual Vacation Days                  25
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 2,455
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                         1,236
   Life Insurance                               0
   Other Insurances                             0
   Retirement Plans                             0

 Post-Employment Benefits                   8,250
 Description of:
   Buyback of Sick Days               Max number - Teachers can sell $10,890
   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