05/18/2010                                            CAPE MAY  -  UPPER TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2008         October 15, 2009         October 15, 2010
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                      1381                     1324                     1282


      Pupils on Roll - Special Full-Time                     149                      144                      128
      Pupils on Roll - Special Shared-Time                                              1
      Private School Placements                                9                        5                        9

      Pupils Sent to Other Districts-Reg Prog                707                      658                      651
      Pupils Sent to Other Dists-Spec Ed Prog                133                      141                      130
      Pupils Received                                         76                       78                       76
      Pupils in State Facilities                                                        2                        2
 


                                                       CAPE MAY - UPPER TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2008-09          2009-10          2010-11
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     597,682          490,082
      Withdrawal from Maint. Reserve                        10-310                                     150,000           50,000
      Transfers from Other Funds                            10-5200                    20,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                21,717,908       21,683,008       22,100,328
      Tuition                                               10-1300                   728,835          785,133          695,361
      Transportation Fees from Other LEAs                   10-1420-1440              142,056          114,105          101,000
      Other Restricted Miscellaneous Revenues               10-1XXX                                     70,000           33,000
      Unrestricted Miscellaneous Revenues                   10-1XXX                   137,010          240,000          107,918
      SUBTOTAL                                                                     22,725,809       22,892,246       23,037,607

      Revenues from State Sources:                                         
      Extraordinary Aid                                     10-3131                    15,330
      Other State Aids                                      10-3XXX                    14,175
      Categorical Special Education Aid                     10-3132                 1,107,190        1,095,322        1,036,115
      Equalization Aid                                      10-3176                 5,452,878        4,675,824        4,526,100
      Categorical Security Aid                              10-3177                   156,872          159,104          161,570
      Adjustment Aid                                        10-3178                 3,046,070        2,473,240        2,056,067
      Categorical Transportation Aid                        10-3121                 1,129,487        1,509,994        1,442,687
      SUBTOTAL                                                                     10,922,002        9,913,484        9,222,539

      Revenues from Federal Sources:                                       
      Equalization Aid - ARRA ESF                           16-4520                                    997,846
      Equalization Aid - ARRA GSF                           17-4521                                     38,628
      SUBTOTAL                                                                                       1,036,474
      Adjustment for Prior Year Encumbrances                                                            43,994
      Actual Revenues (Over)/Under Expenditures                                        50,940
      TOTAL OPERATING BUDGET                                                       33,718,751       34,633,880       32,800,228
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                    85,795

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               43,062          121,142           77,752
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              576,280        1,099,743          479,561
      Other                                                 20-4XXX                    61,627           58,746           47,168
      TOTAL REVENUES FROM FEDERAL SOURCES                                             680,969        1,279,631          604,481
      TOTAL GRANTS AND ENTITLEMENTS                                                   766,764        1,279,631          604,481
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                         513            1,012

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   293,156          278,902          290,743
      TOTAL REVENUES FROM LOCAL SOURCES                                               293,156          278,902          290,743

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   156,711          149,565          128,392
      TOTAL LOCAL REPAYMENT OF DEBT                                                   449,867          428,980          420,147
      Actual Revenues (Over)/Under Expenditures                                        -1,012
      TOTAL REPAYMENT OF DEBT                                                         448,855          428,980          420,147
      TOTAL REVENUES/SOURCES                                                       34,934,370       36,342,491       33,824,856
                                                       CAPE MAY - UPPER 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          6,966,719        6,784,373        6,747,481
      Special Education                                     11-2XX-100-XXX          1,573,706        1,593,511        1,490,216
      Basic Skills/Remedial                                 11-230-100-XXX            569,982          720,670          658,005
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             25,269           19,857           20,643
      School Sponsored Athletics                            11-402-100-XXX             46,739           47,524           48,982
      Before/After School Programs                          11-421-XXX-XXX                              26,519           26,905
      Summer School                                         11-422-XXX-XXX                               9,700           54,587
      Support Services:
      Tuition                                               11-000-100-XXX         14,296,649       13,801,672       12,771,733
      Attendance and Social Work Services                   11-000-211-XXX             30,935           27,784           23,367
      Health Services                                       11-000-213-XXX            206,890          217,231          220,950
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            510,390          589,819          551,836
      Guidance                                              11-000-218-XXX            210,226          220,831          228,984
      Child Study Teams                                     11-000-219-XXX            479,635          398,335          405,702
      Improvement of Instructional Services                 11-000-221-XXX            167,475          378,013          310,626
      Educational Media Services - School Library           11-000-222-XXX            213,868          217,444          217,544
      Instructional Staff Training Services                 11-000-223-XXX             20,855           39,737           33,000
      General Administration                                11-000-230-XXX            579,503          676,576          628,724
      School Administration                                 11-000-240-XXX            727,922          809,996          771,316
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            396,983          548,976          487,247
      Operation and Maintenance of Plant Services           11-000-26X-XXX          1,812,015        1,983,758        1,995,139
      Student Transportation Services                       11-000-270-XXX          1,885,471        1,859,875        1,716,031
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          2,865,223        3,282,411        3,311,213
      Food Services                                         11-000-310-XXX             19,000
      Total Support Services Expenditures                                          24,423,040       25,052,458       23,673,412
      TOTAL GENERAL CURRENT EXPENSE                                                33,605,455       34,254,612       32,720,231

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X             48,382          278,192
      Facilities Acquisition and Construction Services      12-000-4XX-XXX                                                2,257
      TOTAL CAPITAL EXPENDITURES                                                       48,382          278,192            2,257

      SPECIAL SCHOOLS
      Adult Education - Local:
      Instruction                                           13-602-100-XXX             14,837           26,800           23,000
      Support Services                                      13-602-200-XXX              6,000            6,300            6,300
      Total Adult Education - Local                                                    20,837           33,100           29,300
      TOTAL SPECIAL SCHOOLS                                                            20,837           33,100           29,300
      Transfer of Funds to Charter Schools                  10-000-100-56X             44,077           67,976           48,440
      OPERATING BUDGET GRAND TOTAL                                                 33,718,751       34,633,880       32,800,228

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX             85,795
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX             43,062          121,142           77,752
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            576,280        1,099,743          479,561
      Other Special Projects                                20-XXX-XXX-XXX             61,627           58,746           47,168
      Total Federal Projects                                                          680,969        1,279,631          604,481
      TOTAL GRANTS AND ENTITLEMENTS                                                   766,764        1,279,631          604,481

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            448,855          428,980          420,147
      TOTAL REPAYMENT OF DEBT                                                         448,855          428,980          420,147
      Total Expenditures                                                           34,934,370       36,342,491       33,824,856

      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                                          34,934,370       36,342,491       33,824,856
 

                                                       CAPE MAY  -  UPPER 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                               736,358               928,058               703,880               691,798
        Repayment of Debt                                          513                 1,525                 1,012                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                          3                     3                     3                     3
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                150,000               450,000               300,000               250,000
            Legal Reserve                                      925,758               851,504               478,000                     0
            Tuition Reserve                                    375,000                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Restricted for Repayment of Debt                            0                     0                     0                     0
 



                                                       CAPE MAY  -  UPPER 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                           10086           11393          12181          12670          12940
Total Classroom Instruction                                 6406            7247           7530           7749           7975
Classroom-Salaries and Benefits                             6139            6767           7007           7225           7460
Classroom-General Supplies and Textbooks                     158             263            184            188            156
Classroom-Purchased Services and Other                       109             217            339            336            358
Total Support Services                                      1302            1443           1662           1707           1703
Support Services-Salaries and Benefits                      1148            1259           1309           1342           1348
Total Administrative Costs                                  1137            1314           1465           1638           1605
Administration-Salaries and Benefits                         959            1045           1138           1189           1237
Legal Costs                                                    0               0             42             52             60
Total Operations and Maintenance of Plant                   1176            1305           1450           1501           1574
Operations & Maintenance of Plant-Salary & Ben.              592             630            688            706            734
Total Food Services Costs                                      0              12              0              0              0
Total Extracurricular Costs                                   50              56             54             56             60
Total Equipment Costs                                         67              32            109            190              0
Employee Benefits as a % of Salaries                        22.5            23.5           27.7           26.7           27.4


 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.

                                                       CAPE MAY  -  UPPER TWP

                Unusual Revenues and Appropriations
                ___________________________________

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



Total Unusual Revenues: 
                                   0                   Total Unusual Appropriations:               0

                               CAPE MAY  -  UPPER TWP

Shared Services -- Description of Shared Services
_________________________________________________

  The Upper Township School District participates in a multitude of shared 
  services that allow the district to realize substantial cost savings.    
  Through a shared service agreement, the district is able to utilize the  
  Township's services for snow removal and grounds keeping.  Additionally, 
  the Township was able to fund the purchase of a generator for the middle 
  school this year. The district also shares services with other districts 
  including, but not limited to professional development workshops, bidding
  of electrical services, and transportation for out of dist. placements.  
  The district receives one special education tuition student from a       
  neighboring district.  The bidding of school, office, and custodial      
  supplies is accomplished through Educational Data Services. The ACES and 
  ACT programs are used for the bidding and purchase of utilities and      
  telephone services respectively.  The district also partners with other  
  school districts and municipalities to receive discounted pricing for    
  gasoline and diesel fuel, library services, technology services,         
  telecommunications (Erate) and workmen's compensation insurance.  Through
  the Educational Services Unit, the district is able to receive PT and    
  psychiatric services, as well as county-wide transportation.             

                               CAPE MAY  -  UPPER TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 10-11 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       22,100,328 (A)
Estimated Net Taxable Valuation (as of 03/18/2010 )         2,244,998,592 (B)
Estimated 10-11 General Fund School Tax Rate=(A)/(B)X100           0.9844 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              22,391,071 (D)
Estimated Net Taxable Valuation (as of 03/18/2010 )         2,244,998,592 (E)
Estimated 10-11 Total School Tax Rate=(D)/(E)X100                  0.9974 (F)


B. Estimated 10-11 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       22,100,328 (G)
Estimated Equalized Valuation (as of 10/01/2009 )           2,229,914,197 (H)
Estimated 10-11 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.9911 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              22,391,071 (J)
Estimated Equalized Valuation (as of 10/01/2009 )           2,229,914,197 (K)
Estimated 10-11 Equalized Total School
                  Tax Rate=(J)/(K)X100                             1.0041 (L)

                               CAPE MAY  -  UPPER TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Vincent J. Palmieri, Jr. 
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     135,280
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           02/01/2007
   Ending Date of Contract              06/30/2010
   Annual Work Days                     260
   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                                 4,534
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                             0
   Retirement Plans                             0

 Post-Employment Benefits                       0
 Description of:
   Buyback of Sick Days                                                     
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration                 0
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days                                              
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                               CAPE MAY  -  UPPER TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Laurie A. Ryan           
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                      92,000
 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                     260
   Annual Vacation Days                  15
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 2,730
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                             0
   Retirement Plans                             0

 Post-Employment Benefits                       0
 Description of:
   Buyback of Sick Days                                                     
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration                 0
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days                                              
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments