03/27/2012                                            CAPE MAY  -  UPPER TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2010         October 15, 2011         October 15, 2012
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                      1289                     1271                     1257





      Pupils on Roll - Special Full-Time                     143                      136                      113


      Subtotal - Pupils On Roll                              1432                     1407                     1370
      Private School Placements                                5                        7                        8



      Pupils Sent to Other Districts-Reg Prog                627                      636                      589

      Pupils Sent to Other Dists-Spec Ed Prog                127                      123                      127

      Pupils Received                                         72                       78                       64

      Pupils in State Facilities                               1
 


                                                       CAPE MAY - UPPER TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2010-11          2011-12          2012-13
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     189,000          789,000
      Withdrawal from Maint. Reserve                        10-310                                     275,000          290,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                22,100,328       21,928,000       22,366,560
      Tuition                                               10-1300                   773,600          607,074          543,439
      Transportation Fees from Other LEAs                   10-1420-1440               68,376           65,000           65,000
      Interest Earned on Capital Reserve Funds              10-1XXX                                                       1,800
      Other Restricted Miscellaneous Revenues               10-1XXX                    18,355           10,000           10,000
      Unrestricted Miscellaneous Revenues                   10-1XXX                   105,466           91,000           87,417
      SUBTOTAL                                                                     23,066,125       22,701,074       23,074,216

      Revenues from State Sources:                                         
      Other State Aids                                      10-3XXX                    14,616
      Categorical Special Education Aid                     10-3132                 1,036,115        1,036,115        1,085,275
      Equalization Aid                                      10-3176                 4,526,100        4,526,100        4,273,601
      Categorical Security Aid                              10-3177                   161,570          161,570          159,540
      Adjustment Aid                                        10-3178                 2,056,067        2,401,966        2,538,689
      Categorical Transportation Aid                        10-3121                 1,442,687        1,442,687        1,452,379
      SUBTOTAL                                                                      9,237,155        9,568,438        9,509,484

      Revenues from Federal Sources:                                       
      Medicaid Reimbursement                                10-4200                                                      17,077
      Education Jobs Fund                                   18-4522                                    362,891
      SUBTOTAL                                                                                         362,891           17,077
      Adjustment for Prior Year Encumbrances                                                         1,001,345
      Actual Revenues (Over)/Under Expenditures                                      -651,659
      TOTAL OPERATING BUDGET                                                       31,651,621       34,097,748       33,679,777
      GRANTS AND ENTITLEMENTS

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416              108,130          105,067           89,307
      Title II                                              20-4451-4455               52,196           49,618           42,175
      Title III                                             20-4491-4494                                 1,767            1,502
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              879,403          563,435          478,920
      TOTAL REVENUES FROM FEDERAL SOURCES                                           1,039,729          719,887          611,904
      TOTAL GRANTS AND ENTITLEMENTS                                                 1,039,729          719,887          611,904
      REPAYMENT OF DEBT

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

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   128,392
      TOTAL LOCAL REPAYMENT OF DEBT                                                   419,135
      Actual Revenues (Over)/Under Expenditures                                         1,012
      TOTAL REPAYMENT OF DEBT                                                         420,147
      TOTAL REVENUES/SOURCES                                                       33,111,497       34,817,635       34,291,681
                                                       CAPE MAY - UPPER 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          6,958,399        6,943,548        6,999,845
      Special Education                                     11-2XX-100-XXX          1,464,615        1,556,897        1,591,722
      Basic Skills/Remedial                                 11-230-100-XXX            566,407          618,827          412,297
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             25,339           20,657           21,018
      School Sponsored Athletics                            11-402-100-XXX             46,410           49,093           49,867
      Before/After School Programs                          11-421-XXX-XXX              9,793           36,309           37,039
      Summer School                                         11-422-XXX-XXX             14,315           48,134           49,095
      Support Services:
      Tuition                                               11-000-100-XXX         12,549,057       12,513,859       11,895,811
      Attendance and Social Work Services                   11-000-211-XXX             17,954           38,660           39,904
      Health Services                                       11-000-213-XXX            217,302          255,826          255,887
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            485,468          607,310          634,877
      Guidance                                              11-000-218-XXX            219,096          236,010          235,241
      Child Study Teams                                     11-000-219-XXX            387,303          421,220          449,060
      Improvement of Instructional Services                 11-000-221-XXX            220,477          341,982          312,682
      Educational Media Services - School Library           11-000-222-XXX            208,131          232,874          216,387
      Instructional Staff Training Services                 11-000-223-XXX              3,978           42,310           42,100
      General Administration                                11-000-230-XXX            552,179          655,441          603,792
      School Administration                                 11-000-240-XXX            737,922          781,318          795,196
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            471,355          549,324          488,683
      Operation and Maintenance of Plant Services           11-000-26X-XXX          1,843,874        2,636,809        2,331,176
      Student Transportation Services                       11-000-270-XXX          1,511,995        1,686,499        1,852,313
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          2,940,092        3,132,486        3,366,987
      Total Support Services Expenditures                                          22,366,183       24,131,928       23,520,096
      TOTAL GENERAL CURRENT EXPENSE                                                31,451,461       33,405,393       32,680,979

      CAPITAL EXPENDITURES
      Interest Earned on Capital Reserve                    10-604                                                        1,800
      Equipment                                             12-XXX-XXX-73X            143,308          313,148           26,000
      Facilities Acquisition and Construction Services      12-000-4XX-XXX              2,257          301,312          906,219
      TOTAL CAPITAL EXPENDITURES                                                      145,565          614,460          934,019

      SPECIAL SCHOOLS
      Adult Education - Local:
      Instruction                                           13-602-100-XXX              4,155           12,300            9,100
      Support Services                                      13-602-200-XXX              2,000            4,000            3,060
      Total Adult Education - Local                                                     6,155           16,300           12,160
      TOTAL SPECIAL SCHOOLS                                                             6,155           16,300           12,160
      Transfer of Funds to Charter Schools                  10-000-100-56X             48,440           61,595           52,619
      OPERATING BUDGET GRAND TOTAL                                                 31,651,621       34,097,748       33,679,777

      SPECIAL GRANTS AND ENTITLEMENTS
      Title I                                               20-XXX-XXX-XXX            108,130          105,067           89,307
      Federal Projects:
      Title II                                              20-XXX-XXX-XXX             52,196           49,618           42,175
      Title III                                             20-XXX-XXX-XXX                               1,767            1,502
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            879,403          563,435          478,920
      Total Federal Projects                                                        1,039,729          719,887          611,904
      TOTAL GRANTS AND ENTITLEMENTS                                                 1,039,729          719,887          611,904

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            420,147
      TOTAL REPAYMENT OF DEBT                                                         420,147
      Total Expenditures                                                           33,111,497       34,817,635       34,291,681

      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                                          33,111,497       34,817,635       34,291,681
 

                                                       CAPE MAY  -  UPPER 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                               684,436               667,999               993,548               646,706
        Repayment of Debt                                       13,970                12,958                     0                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                          3               250,003               250,003               251,803
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                700,000               850,000               575,000               285,000
            Legal Reserve                                      646,650               610,808               442,158                     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
 



                                                       CAPE MAY  -  UPPER 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                 11927           12146          13263          13659          13860
Total Classroom Instruction                                 7510            7695           8032           8052           8314
Classroom-Salaries and Benefits                             7123            6932           7460           7466           7745
Classroom-General Supplies and Textbooks                     124             365            193            187            251
Classroom-Purchased Services and Other                       263             398            380            399            318
Total Support Services                                      1585            1484           1760           1844           1933
Support Services-Salaries and Benefits                      1295            1264           1403           1469           1551
Total Administrative Costs                                  1449            1466           1650           1663           1650
Administration-Salaries and Benefits                        1137            1166           1255           1240           1249
Legal Costs                                                    0              56             64             88             96
Total Operations and Maintenance of Plant                   1308            1423           1740           2019           1873
Operations & Maintenance of Plant-Salary & Ben.              673             671            724            711            778
Board Contribution to Food Services                            0               0              0              0              0
Total Extracurricular Costs                                   54              61             61             60             63
Total Equipment Costs                                        214             100             20            223             19
Employee Benefits as a % of Salaries                        26.9            25.3           26.7           25.3           27.3


 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.

                                                       CAPE MAY  -  UPPER 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

                               CAPE MAY  -  UPPER TWP

Shared Services -- Description of Shared Services
_________________________________________________

  The District participates in a host 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 District allows the   
  Recreation Department to utilize the school buildings/fields for         
  practices and games.  This past school year, the Township completed      
  renovations to the buildings utilizing Township resources.  The District 
  also shares services with other school districts, including, but not     
  limited to professional development workshops, bidding of electrical     
  services, and transportation for out of district placements.  The bidding
  of classroom, office and custodial supplies is accomplished through      
  Educational Data Services.  The ACES and ACTS 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 physical  
  therapy and psychiatric services, as well as county-wide transportation. 

                               CAPE MAY  -  UPPER TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 12-13 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       22,366,560 (A)
Estimated Net Taxable Valuation (as of 10/01/2011 )         2,239,992,764 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100           0.9985 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              22,366,560 (D)
Estimated Net Taxable Valuation (as of 10/01/2011 )         2,239,992,764 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)X100                  0.9985 (F)


B. Estimated 12-13 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       22,366,560 (G)
Estimated Equalized Valuation (as of 10/01/2011 )           2,141,762,732 (H)
Estimated 12-13 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      1.0443 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              22,366,560 (J)
Estimated Equalized Valuation (as of 10/01/2011 )           2,141,762,732 (K)
Estimated 12-13 Equalized Total School
                  Tax Rate=(J)/(K)X100                             1.0443 (L)

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

 Name                                   Vincent Palmieri         
 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             /  /    
   Ending Date of Contract                /  /    
   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                                 4,500
 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 Ryan              
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                      95,271
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract             /  /    
   Ending Date of Contract                /  /    
   Annual Work Days                     260
   Annual Vacation Days                  16
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 3,500
 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                                   Glen Stewart             
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                                                      
 Base Annual Salary                      77,316
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract             /  /    
   Ending Date of Contract                /  /    
   Annual Work Days                     260
   Annual Vacation Days                  20
   Annual Sick Days                      12
   Annual Personal Days                   2
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 6,500
 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