03/16/2011                                            CAPE MAY  -  UPPER TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2009         October 15, 2010         October 15, 2011
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                      1324                     1289                     1262





      Pupils on Roll - Special Full-Time                     144                      143                      135

      Pupils on Roll - Special Shared-Time                     1
      Subtotal - Pupils On Roll                              1469                     1432                     1397
      Private School Placements                                5                        5                        6



      Pupils Sent to Other Districts-Reg Prog                658                      627                      601

      Pupils Sent to Other Dists-Spec Ed Prog                141                      127                      135

      Pupils Received                                         78                       72                       71

      Pupils in State Facilities                               2                        1                        1
 


                                                       CAPE MAY - UPPER TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2009-10          2010-11          2011-12
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     490,082          189,000
      Withdrawal from Maint. Reserve                        10-310                                      50,000           75,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                21,683,008       22,100,328       22,049,000
      Tuition                                               10-1300                   899,564          695,361          607,074
      Transportation Fees from Other LEAs                   10-1420-1440              100,644          101,000           65,000
      Other Restricted Miscellaneous Revenues               10-1XXX                    27,197           33,000           10,000
      Unrestricted Miscellaneous Revenues                   10-1XXX                   305,099          107,918           91,000
      SUBTOTAL                                                                     23,015,512       23,037,607       22,822,074

      Revenues from State Sources:                                         
      Other State Aids                                      10-3XXX                    12,993
      Categorical Special Education Aid                     10-3132                 1,095,322        1,036,115        1,036,115
      Equalization Aid                                      10-3176                 4,675,824        4,526,100        4,526,100
      Categorical Security Aid                              10-3177                   159,104          161,570          161,570
      Adjustment Aid                                        10-3178                 1,917,767        2,056,067        2,401,966
      Categorical Transportation Aid                        10-3121                 1,509,994        1,442,687        1,442,687
      SUBTOTAL                                                                      9,371,004        9,222,539        9,568,438

      Revenues from Federal Sources:                                       
      Equalization Aid - ARRA ESF                           16-4520                   997,846
      Equalization Aid - ARRA GSF                           17-4521                    38,628
      Education Jobs Fund                                   18-4522                                                     362,891
      SUBTOTAL                                                                      1,036,474                           362,891
      Adjustment for Prior Year Encumbrances                                                           697,407
      Actual Revenues (Over)/Under Expenditures                                      -454,937
      TOTAL OPERATING BUDGET                                                       32,968,053       33,497,635       33,017,403
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                     1,000

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416              115,670          102,568           87,183
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              763,710          561,416          477,204
      Other                                                 20-4XXX                    26,804           56,254           47,816
      TOTAL REVENUES FROM FEDERAL SOURCES                                             906,184          720,238          612,203
      TOTAL GRANTS AND ENTITLEMENTS                                                   907,184          720,238          612,203
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                       1,012

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

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   149,565          128,392
      TOTAL LOCAL REPAYMENT OF DEBT                                                   428,467          420,147
      Actual Revenues (Over)/Under Expenditures                                       -12,445
      TOTAL REPAYMENT OF DEBT                                                         416,022          420,147
      TOTAL REVENUES/SOURCES                                                       34,291,259       34,638,020       33,629,606
                                                       CAPE MAY - UPPER TWP

                                                   Advertised Appropriations

                Budget Category                                Account          2009-10          2010-11         2011-12 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX          6,579,492        7,144,756        6,819,168
      Special Education                                     11-2XX-100-XXX          1,522,193        1,450,280        1,500,951
      Basic Skills/Remedial                                 11-230-100-XXX            720,151          601,784          670,481
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             24,759           20,643           20,657
      School Sponsored Athletics                            11-402-100-XXX             39,521           48,982           49,093
      Before/After School Programs                          11-421-XXX-XXX             13,964           26,905           36,309
      Summer School                                         11-422-XXX-XXX                              54,587           48,134
      Support Services:
      Tuition                                               11-000-100-XXX         13,502,294       12,751,292       12,515,359
      Attendance and Social Work Services                   11-000-211-XXX             23,091           23,026           21,146
      Health Services                                       11-000-213-XXX            210,805          217,188          250,965
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            544,256          592,652          546,944
      Guidance                                              11-000-218-XXX            219,657          224,611          230,981
      Child Study Teams                                     11-000-219-XXX            397,982          398,428          411,155
      Improvement of Instructional Services                 11-000-221-XXX            310,779          315,452          316,841
      Educational Media Services - School Library           11-000-222-XXX            214,433          219,236          221,422
      Instructional Staff Training Services                 11-000-223-XXX              9,313           33,380           42,100
      General Administration                                11-000-230-XXX            556,205          723,119          651,743
      School Administration                                 11-000-240-XXX            712,775          777,350          775,356
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            509,834          519,812          504,504
      Operation and Maintenance of Plant Services           11-000-26X-XXX          1,715,648        2,180,944        2,013,127
      Student Transportation Services                       11-000-270-XXX          1,496,490        1,714,482        1,685,479
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          3,236,716        3,258,403        3,278,281
      Total Support Services Expenditures                                          23,660,278       23,949,375       23,465,403
      TOTAL GENERAL CURRENT EXPENSE                                                32,560,358       33,297,312       32,610,196

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X            315,747          120,326           28,000
      Facilities Acquisition and Construction Services      12-000-4XX-XXX                               2,257          301,312
      TOTAL CAPITAL EXPENDITURES                                                      315,747          122,583          329,312

      SPECIAL SCHOOLS
      Summer School:
      Instruction                                           13-422-100-XXX              9,200
      Total Summer School                                                               9,200
      Adult Education - Local:
      Instruction                                           13-602-100-XXX             10,074           23,000           13,300
      Support Services                                      13-602-200-XXX              8,000            6,300            3,000
      Total Adult Education - Local                                                    18,074           29,300           16,300
      TOTAL SPECIAL SCHOOLS                                                            27,274           29,300           16,300
      Transfer of Funds to Charter Schools                  10-000-100-56X             64,674           48,440           61,595
      OPERATING BUDGET GRAND TOTAL                                                 32,968,053       33,497,635       33,017,403

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX              1,000
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX            115,670          102,568           87,183
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            763,710          561,416          477,204
      Other Special Projects                                20-XXX-XXX-XXX             26,804           56,254           47,816
      Total Federal Projects                                                          906,184          720,238          612,203
      TOTAL GRANTS AND ENTITLEMENTS                                                   907,184          720,238          612,203

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            416,022          420,147
      TOTAL REPAYMENT OF DEBT                                                         416,022          420,147
      Total Expenditures                                                           34,291,259       34,638,020       33,629,606

      DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
                                                            11-1XX-100-930
      Capital Reserve - Transfer to Repayment of Debt       12-000-400-933
      Transfer Property Sale Proceeds to Debt Svc Res       11-000-520-934

      TOTAL EXPENDITURES NET OF TRANSFERS                                          34,291,259       34,638,020       33,629,606
 

                                                       CAPE MAY  -  UPPER TWP

                                          Advertised Recapitulation of Balance

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

      Unassigned:
        General Operating Budget                               928,058               684,436               676,354               656,004
        Repayment of Debt                                        1,525                13,970                     0                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                          3                     3                     3                     3
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                450,000               700,000               650,000               575,000
            Legal Reserve                                      851,504               646,650               168,650                     0
            Tuition Reserve                                          0                     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

                                                     2011 - 2012

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

Total Comparative Per Pupil Cost                           11393           11249          12940          13160          13206
Total Classroom Instruction                                 7247            7510           7975           8031           8111
Classroom-Salaries and Benefits                             6767            7123           7460           7214           7539
Classroom-General Supplies and Textbooks                     263             124            156            394            193
Classroom-Purchased Services and Other                       217             263            358            423            380
Total Support Services                                      1443            1585           1703           1704           1763
Support Services-Salaries and Benefits                      1259            1295           1348           1349           1406
Total Administrative Costs                                  1314            1449           1605           1669           1653
Administration-Salaries and Benefits                        1045            1137           1237           1198           1258
Legal Costs                                                    0              56             60             79             88
Total Operations and Maintenance of Plant                   1305            1308           1574           1675           1598
Operations & Maintenance of Plant-Salary & Ben.              630             673            734            705            726
Total Food Services Costs                                     12               0              0              0              0
Total Extracurricular Costs                                   56              54             60             59             61
Total Equipment Costs                                         32             214              0             84             20
Employee Benefits as a % of Salaries                        23.5            26.9           27.4           27.3           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 2011 Comparative Spending Guide and can be found on the Department of Education's Internet address:
 http://www.state.nj.us/ education under Finance, when available.  This publication is available in the board office and public
 libraries.  The same calculations were performed using the 2010-11 revised appropriations and 2011-12 budgeted appropriations
 presented in this advertised budget.  Total Comparative Per Pupil Cost is defined as current expense exclusive of tuition
 expenditures, transportation, residential costs, and judgments against the school district. For all years, it also
 includes the restricted entitlement aids.  With the exception of Total Equipment Cost, each of the other per pupil cost
 calculations presented is a component of the total comparative per pupil cost, although all components are not shown.

                                                       CAPE MAY  -  UPPER TWP

                Unusual Revenues and Appropriations
                ___________________________________

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



Total Unusual Revenues: 
                                   0                   Total Unusual Appropriations:               0

                               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 services agreement, the district is able to utilize the 
  Township's services for snow removal and grounds keeping and in return   
  the Township maintains the district's fields.  The district also allows  
  the Township Recreation Department to utilize the school buildings for   
  practices and games.  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 
  district placements.  The district receives one special eduction tuition 
  student  from a neighboring district.  The bidding of school and office  
  supplies is accomplished through Educational Data Services.  Additionally
  custodial supplies are purchased through a cooperative with other        
  districts.  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, and 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 11-12 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       22,049,000 (A)
Estimated Net Taxable Valuation (as of 10/01/2010 )         2,244,998,592 (B)
Estimated 11-12 General Fund School Tax Rate=(A)/(B)X100           0.9821 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              22,049,000 (D)
Estimated Net Taxable Valuation (as of 10/01/2010 )         2,244,998,592 (E)
Estimated 11-12 Total School Tax Rate=(D)/(E)X100                  0.9821 (F)


B. Estimated 11-12 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       22,049,000 (G)
Estimated Equalized Valuation (as of 10/01/2010 )           2,184,244,785 (H)
Estimated 11-12 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      1.0095 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              22,049,000 (J)
Estimated Equalized Valuation (as of 10/01/2010 )           2,184,244,785 (K)
Estimated 11-12 Equalized Total School
                  Tax Rate=(J)/(K)X100                             1.0095 (L)

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

 Name                                   Vincent J. Palmieri, Jr. 
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     137,343
 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              06/30/2011
   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                                 5,000
 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                      93,403
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     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                                 4,000
 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