03/27/2008 CUMBERLAND - CUMBERLAND REGIONAL
Advertised Enrollments
ENROLLMENT CATEGORY October 15, 2006 October 15, 2007 October 15, 2008
Actual Actual Estimated
Pupils on Roll Regular Full-Time 1164 1135 1125
Pupils on Roll Regular Shared-Time 54 36 36
Pupils on Roll - Special Full-Time 163 164 183
Pupils on Roll - Special Shared-Time 54 34 43
Private School Placements 10 12 13
Pupils Sent to Other Districts-Reg Prog 3 59
Pupils Sent to Other Dists-Spec Ed Prog 11 16 19
Pupils Received 6 3
Pupils in State Facilities 12 5 7
CUMBERLAND - CUMBERLAND REGIONAL
Advertised Revenues
Budget Category Account 2006-07 2007-08 2008-09
Actual Revised Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget 10-303 484,006 402,358 488,535
Revenues from Local Sources:
Local Tax Levy 10-1210 7,686,422 8,094,435 7,594,435
Tuition 10-1300 58,533
Transportation Fees from Other LEAs 10-1420-1440 146,620 169,950 145,000
Unrestricted Miscellaneous Revenues 10-1XXX 116,017 50,000 100,000
SUBTOTAL 8,007,592 8,314,385 7,839,435
Revenues from State Sources:
Core Curriculum Standards Aid 10-3111 6,015,130 6,015,130
School Choice Aid 10-3116 1,013,698 1,013,698 432,795
Transportation Aid 10-3120 532,556 532,556
Special Education Aid 10-3130 772,399 772,399
Bilingual Education 10-3140 5,876 5,876
Stabilization Aid 10-3171 293,475 293,475
Extraordinary Aid 10-3131 37,767 67,458
Consolidated Aid 10-3195 139,674 139,674
Additional Formula Aid 10-3196 258,197 535,595
Other State Aids 10-3XXX 274,276 262,797
Categorical Special Education Aid 10-3132 662,537
Equalization Aid 10-3176 10,420,129
Categorical Security Aid 10-3177 166,121
Categorical Transportation Aid 10-3121 510,468
SUBTOTAL 9,343,048 9,571,200 12,259,508
Revenues from Federal Sources:
Medicaid Reimbursement 10-4200 1,182
SUBTOTAL 1,182
Adjustment for Prior Year Encumbrances 130,788
Actual Revenues (Over)/Under Expenditures 328,642
TOTAL OPERATING BUDGET 17,680,464 18,418,731 20,587,478
GRANTS AND ENTITLEMENTS
Revenues from State Sources:
Instructional Supplement Aid - Pr Yr Carryover 20-3214 15,053 15,053
Instructional Supplement Aid 20-3214 51,348 66,401
Other Restricted Entitlements 20-32XX 3,415 170,750
TOTAL REVENUES FROM STATE SOURCES 69,816 252,204
Revenues from Federal Sources:
Title I 20-4411-4416 123,702 109,981 91,272
I.D.E.A. Part B (Handicapped) 20-4420-4429 271,175 294,900 250,665
Vocational Education 20-4430 28,888 72,410 61,550
Private Industry Council (JTPA) 20-4700 18,311
Other 20-4XXX 48,177 69,312 58,916
TOTAL REVENUES FROM FEDERAL SOURCES 490,253 546,603 462,403
TOTAL GRANTS AND ENTITLEMENTS 560,069 798,807 462,403
REPAYMENT OF DEBT
Budgeted Fund Balance 40-303 932
Revenues from Local Sources:
Local Tax Levy 40-1210 734,005 778,712 786,544
Miscellaneous 40-1XXX 1,781
TOTAL REVENUES FROM LOCAL SOURCES 735,786 778,712 786,544
Revenues from State Sources:
Debt Service Aid Type II 40-3160 277,406 269,484 261,299
TOTAL LOCAL REPAYMENT OF DEBT 1,013,192 1,049,128 1,047,843
Actual Revenues (Over)/Under Expenditures 35,845
TOTAL REPAYMENT OF DEBT 1,049,037 1,049,128 1,047,843
TOTAL REVENUES/SOURCES 19,289,570 20,266,666 22,097,724
CUMBERLAND - CUMBERLAND REGIONAL
Advertised Appropriations
Budget Category Account 2006-07 2007-08 2008-09
Expenditures Rev. Approp. Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs 11-1XX-100-XXX 6,153,700 5,894,599 6,531,348
Special Education 11-2XX-100-XXX 984,507 886,662 949,912
Basic Skills/Remedial 11-230-100-XXX 82,971 153,602 163,367
Bilingual Education 11-240-100-XXX 5,876 5,876
School-Spon. Co/Extra-Curr. Activities 11-401-100-XXX 146,651 143,456 148,838
School Sponsored Athletics 11-402-100-XXX 417,818 423,154 443,600
Support Services:
Tuition 11-000-100-XXX 1,400,637 1,971,078 2,064,507
Attendance and Social Work Services 11-000-211-XXX 39,142 38,404 40,640
Health Services 11-000-213-XXX 139,011 112,428 118,949
Students - Related & Extraordinary 11-000-216,217 22,431 23,329
Guidance 11-000-218-XXX 421,668 428,246 508,972
Child Study Teams 11-000-219-XXX 291,532 299,406 317,739
Improvement of Instructional Services 11-000-221-XXX 76,259 78,117 307,207
Educational Media Services - School Library 11-000-222-XXX 154,306 151,033 162,871
General Administration 11-000-230-XXX 380,288 389,414 335,320
School Administration 11-000-240-XXX 965,371 965,176 1,013,523
Central Svcs & Admin Info Technology 11-000-25X-XXX 329,015 336,738 357,962
Deposit to Maintenance Reserve 10-606 417,223
Operation and Maintenance of Plant Services 11-000-26X-XXX 1,659,597 1,687,532 1,870,918
Student Transportation Services 11-000-270-XXX 1,467,968 1,539,711 1,574,857
Deposit to Current Expense Emergency Reserve 10-607 182,879
Personal Services - Employee Benefits 11-XXX-XXX-2XX 2,492,847 2,816,666 2,959,548
Total Support Services Expenditures 9,817,641 10,836,380 11,656,342
TOTAL GENERAL CURRENT EXPENSE 17,609,164 18,343,729 20,493,509
CAPITAL EXPENDITURES
Equipment 12-XXX-XXX-73X 71,300 75,002 93,969
TOTAL CAPITAL EXPENDITURES 71,300 75,002 93,969
OPERATING BUDGET GRAND TOTAL 17,680,464 18,418,731 20,587,478
SPECIAL GRANTS AND ENTITLEMENTS
Instruction 20-214-100-XXX 13,102 81,454
Support Services 20-214-200-XXX 53,299
TOTAL INSTRUCTIONAL SUPPLEMENT AID 66,401 81,454
Other State Projects:
Support Services 20-217-200-XXX 170,750
TOTAL TARA USED TO SUPPORT PROGRAMS 170,750
Vocational Education 20-XXX-XXX-XXX 3,000
Other Special Projects 20-XXX-XXX-XXX 415
Total State Projects 69,816 252,204
Federal Projects:
Title I 20-XXX-XXX-XXX 123,702 109,981 91,272
I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 271,175 294,900 250,665
Vocational Education 20-XXX-XXX-XXX 28,888 72,410 61,550
Private Industry Council (JTPA) 20-XXX-XXX-XXX 18,311
Other Special Projects 20-XXX-XXX-XXX 48,177 69,312 58,916
Total Federal Projects 490,253 546,603 462,403
TOTAL GRANTS AND ENTITLEMENTS 560,069 798,807 462,403
REPAYMENT OF DEBT
Repayment of Debt - Regular 40-701-510-XXX 1,049,037 1,049,128 1,047,843
TOTAL REPAYMENT OF DEBT 1,049,037 1,049,128 1,047,843
Total Expenditures 19,289,570 20,266,666 22,097,724
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
TOTAL EXPENDITURES NET OF TRANSFERS 19,289,570 20,266,666 22,097,724
CUMBERLAND - CUMBERLAND REGIONAL
Advertised Recapitulation of Balance
Audited Audited Estimated Estimated
Balance Balance Balance Balance
Budget Category 6/30/2006 6/30/2007 6/30/2008 6/30/2009
Unreserved:
General Operating Budget 716,773 643,483 515,549 365,759
Repayment of Debt 38,558 2,713 0 0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve 1 1 1 1
Adult Education Programs 0 0 0 0
Maintenance Reserve 0 0 0 417,223
Legal Reserve 523,275 613,169 338,745 0
Tuition Reserve 0 0 0 0
Current Expense Emergency Reserve 0 0 0 182,879
Reserved for Repayment of Debt 0 0 0 0
CUMBERLAND - CUMBERLAND REGIONAL
Advertised Per Pupil Cost Calculations
2008 - 2009
2005-06 2006-07 2007-08 2007-08 2008-2009
Actual Actual Original Revised Proposed
Budget Budget Budget
Per Pupil Cost Calculations: (1) (2) (3) (4) (5)
Total Comparative Per Pupil Cost 9957 10978 10743 11308 12062
Total Classroom Instruction 5994 6579 6379 6643 7060
Classroom-Salaries and Benefits 5546 6167 5974 6208 6420
Classroom-General Supplies and Textbooks 322 313 223 245 382
Classroom-Purchased Services and Other 126 98 183 190 258
Total Support Services 859 1061 1025 1191 1373
Support Services-Salaries and Benefits 763 968 946 1047 1271
Total Administrative Costs 1422 1500 1518 1578 1578
Administration-Salaries and Benefits 1233 1314 1343 1396 1440
Total Operations and Maintenance of Plant 1206 1352 1342 1395 1535
Operations & Maintenance of Plant-Salary & Ben. 543 619 565 587 678
Total Food Services Costs 20 0 0 0 0
Total Extracurricular Costs 447 476 469 491 506
Total Equipment Costs 52 53 12 56 70
Employee Benefits as a % of Salaries 25.5 24.4 28.5 28.5 27.6
The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
are contained in the 2008 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 2007-08 revised appropriations and 2008-09 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.
CUMBERLAND - CUMBERLAND REGIONAL
Unusual Revenues and Appropriations
___________________________________
Line Number Revenue Source or 08-09 Amount Description of circumstances
Approp. Due to
Total Unusual Revenues:
0 Total Unusual Appropriations: 0
CUMBERLAND - CUMBERLAND REGIONAL
Shared Services -- Description of Shared Services
_________________________________________________
CRHS participates in a consortium with 4 other districts to provide Regul
ar Ed transportaion in the most efficient manner.
We also participate through the Cooperative to provide Special Education
transportation in the most efficient manner.
We continue to seek opportunities to participate in cooperative arrangeme
nts to reduce costs.
CUMBERLAND - CUMBERLAND REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
DEERFIELD
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 1,017,109 (A)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 183,451,765 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.5544 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 1,121,525 (D)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 183,451,765 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.6113 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
DEERFIELD
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 1,017,109 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 244,065,846 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.4167 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 1,121,525 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 244,065,846 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.4595 (L)
CUMBERLAND - CUMBERLAND REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
FAIRFIELD TWP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 1,261,872 (A)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 169,030,680 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.7465 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 1,391,416 (D)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 169,030,680 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.8232 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
FAIRFIELD TWP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 1,261,872 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 284,265,923 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.4439 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 1,391,416 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 284,265,923 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.4895 (L)
CUMBERLAND - CUMBERLAND REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
GREENWICH TWP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 288,915 (A)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 63,006,214 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.4586 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 318,575 (D)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 63,006,214 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.5056 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
GREENWICH TWP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 288,915 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 72,063,366 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.4009 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 318,575 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 72,063,366 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.4421 (L)
CUMBERLAND - CUMBERLAND REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
HOPEWELL TWP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 1,590,842 (A)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 231,087,147 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.6884 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 1,754,158 (D)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 231,087,147 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.7591 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
HOPEWELL TWP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 1,590,842 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 360,758,358 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.4410 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 1,754,158 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 360,758,358 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.4862 (L)
CUMBERLAND - CUMBERLAND REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
SHILOH BORO
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 153,844 (A)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 19,412,258 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.7925 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 169,638 (D)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 19,412,258 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.8739 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
SHILOH BORO
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 153,844 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 31,713,511 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.4851 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 169,638 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 31,713,511 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.5349 (L)
CUMBERLAND - CUMBERLAND REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
STOW CREEK TWP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 378,702 (A)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 79,845,215 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.4743 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 417,579 (D)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 79,845,215 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.5230 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
STOW CREEK TWP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 378,702 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 85,754,880 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.4416 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 417,579 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 85,754,880 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.4869 (L)
CUMBERLAND - CUMBERLAND REGIONAL
22a. Estimated Tax Rate Information
______________________________
A. Estimated 08-09 School Tax Rate
__________________________________
UPPER DEERFIELD TWP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 2,913,974 (A)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 433,113,262 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100 0.6728 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 3,196,907 (D)
Estimated Net Taxable Valuation (as of 02/26/2008 ) 433,113,262 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100 0.7381 (F)
B. Estimated 08-09 Equalized School Tax Rate
____________________________________________
UPPER DEERFIELD TWP
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy 2,913,974 (G)
Estimated Equalized Valuation (as of 10/01/2007 ) 695,576,745 (H)
Estimated 08-09 Equalized General Fund School
Tax Rate=(G)/(H)X100 0.4189 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy 3,196,907 (J)
Estimated Equalized Valuation (as of 10/01/2007 ) 695,576,745 (K)
Estimated 08-09 Equalized Total School
Tax Rate=(J)/(K)X100 0.4596 (L)