03/16/2009                                             SUSSEX  -  VERNON TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2007         October 15, 2008         October 15, 2009
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                      4064                     3864                     3667
      Pupils on Roll Regular Shared-Time                       9                        7                        7

      Pupils on Roll - Special Full-Time                     619                      616                      608
      Pupils on Roll - Special Shared-Time                     9                        6                        6
      Private School Placements                               24                       30                       25


      Pupils Sent to Other Dists-Spec Ed Prog                 18                       16                       20
      Pupils Received                                         23                       23                       20
      Pupils in State Facilities                               5                        5                        5
 

                                                        SUSSEX - VERNON TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2007-08          2008-09          2009-10
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                   1,876,835        2,145,398
      Budgeted Fund Bal - Deposit to Capital Reserve        10-303                                     134,767
      Transfers from Other Funds                            10-5200                    89,808

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                37,000,411       37,707,888       39,216,204
      Tuition                                               10-1300                   179,577          155,927          118,625
      Interest Earned on Capital Reserve Funds              10-1XXX                    17,863            6,250            5,000
      Unrestricted Miscellaneous Revenues                   10-1XXX                   352,562          321,750          220,000
      SUBTOTAL                                                                     37,550,413       38,191,815       39,559,829

      Revenues from State Sources:                                         
      Core Curriculum Standards Aid                         10-3111                20,170,076
      Transportation Aid                                    10-3120                 2,512,401
      Special Education Aid                                 10-3130                 2,833,735
      Bilingual Education                                   10-3140                    11,716
      Extraordinary Aid                                     10-3131                   180,827          513,945           47,580
      Consolidated Aid                                      10-3195                   579,300
      Additional Formula Aid                                10-3196                 1,499,626
      Other State Aids                                      10-3XXX                    23,338
      Categorical Special Education Aid                     10-3132                                  2,136,994        2,100,282
      Equalization Aid                                      10-3176                                 18,591,199       16,951,247
      Categorical Security Aid                              10-3177                                    311,636          310,299
      Adjustment Aid                                        10-3178                                  5,047,867        6,315,883
      Categorical Transportation Aid                        10-3121                                  1,821,363        2,231,348
      SUBTOTAL                                                                     27,811,019       28,423,004       27,956,639
      Adjustment for Prior Year Encumbrances                                                           957,381
      Actual Revenues (Over)/Under Expenditures                                     1,261,233
      TOTAL OPERATING BUDGET                                                       66,712,473       69,583,802       69,661,866
      GRANTS AND ENTITLEMENTS

      Revenues from State Sources:                                         
      Other Restricted Entitlements                         20-32XX                     5,020            7,673            6,521
      TOTAL REVENUES FROM STATE SOURCES                                                 5,020            7,673            6,521

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416              276,145          250,917          213,200
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              975,673          927,605          788,400
      Other                                                 20-4XXX                   223,066
      TOTAL REVENUES FROM FEDERAL SOURCES                                           1,474,884        1,178,522        1,001,600
      TOTAL GRANTS AND ENTITLEMENTS                                                 1,479,904        1,186,195        1,008,121
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                                      128,574

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                 1,195,462        1,260,827        1,229,223
      TOTAL REVENUES FROM LOCAL SOURCES                                             1,195,462        1,260,827        1,229,223

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                 1,001,308        1,070,543          804,532
      TOTAL LOCAL REPAYMENT OF DEBT                                                 2,196,770        2,331,370        2,162,329
      Actual Revenues (Over)/Under Expenditures                                       -99,850
      TOTAL REPAYMENT OF DEBT                                                       2,096,920        2,331,370        2,162,329
      TOTAL REVENUES/SOURCES                                                       70,289,297       73,101,367       72,832,316
                                                        SUSSEX - VERNON TWP

                                                   Advertised Appropriations

                Budget Category                                Account          2007-08          2008-09         2009-10 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX         22,869,758       23,264,374       23,465,246
      Special Education                                     11-2XX-100-XXX          5,413,000        5,861,289        5,949,000
      Basic Skills/Remedial                                 11-230-100-XXX            510,304          651,774          415,000
      Bilingual Education                                   11-240-100-XXX             76,889           84,497           86,500
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX            290,252          308,318          292,100
      School Sponsored Athletics                            11-402-100-XXX            680,818          724,057          747,000
      Support Services:
      Tuition                                               11-000-100-XXX          2,200,228        2,961,097        2,855,554
      Health Services                                       11-000-213-XXX            614,585          648,083          637,800
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            566,283          703,643          688,000
      Guidance                                              11-000-218-XXX          1,744,708        1,771,989        1,814,600
      Child Study Teams                                     11-000-219-XXX          2,185,737        2,039,861        2,073,000
      Improvement of Instructional Services                 11-000-221-XXX            720,095          855,148          861,000
      Educational Media Services - School Library           11-000-222-XXX            518,755          544,537          556,600
      Instructional Staff Training Services                 11-000-223-XXX            492,240          371,097          354,000
      General Administration                                11-000-230-XXX          1,254,752        1,384,973        1,333,500
      School Administration                                 11-000-240-XXX          2,867,459        3,020,577        2,985,500
      Central Svcs & Admin Info Technology                  11-000-25X-XXX          1,135,728        1,192,045          898,200
      Operation and Maintenance of Plant Services           11-000-26X-XXX          6,673,646        5,887,744        5,864,983
      Student Transportation Services                       11-000-270-XXX          5,825,378        6,166,446        6,520,000
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          9,626,546        9,764,601       10,438,000
      Total Support Services Expenditures                                          36,426,140       37,311,841       37,880,737
      TOTAL GENERAL CURRENT EXPENSE                                                66,267,161       68,206,150       68,835,583

      CAPITAL EXPENDITURES
      Deposit to Capital Reserve                            10-604                                     134,767
      Interest Earned on Capital Reserve                    10-604                                       6,250            5,000
      Equipment                                             12-XXX-XXX-73X              8,967          362,995           89,351
      Facilities Acquisition and Construction Services      12-000-4XX-XXX            184,890          507,505          519,500
      TOTAL CAPITAL EXPENDITURES                                                      193,857        1,011,517          613,851
      Transfer of Funds to Charter Schools                  10-000-100-56X            251,455          366,135          212,432
      OPERATING BUDGET GRAND TOTAL                                                 66,712,473       69,583,802       69,661,866

      SPECIAL GRANTS AND ENTITLEMENTS
      Nonpublic Textbooks                                   20-XXX-XXX-XXX              1,621            2,516            2,138
      Other State Projects:
      Nonpublic Nursing Services                            20-XXX-XXX-XXX              2,239            3,397            2,887
      Nonpublic Technology Initiative                       20-XXX-XXX-XXX              1,160            1,760            1,496
      Total State Projects                                                              5,020            7,673            6,521
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX            276,145          250,917          213,200
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            975,673          927,605          788,400
      Other Special Projects                                20-XXX-XXX-XXX            223,066
      Total Federal Projects                                                        1,474,884        1,178,522        1,001,600
      TOTAL GRANTS AND ENTITLEMENTS                                                 1,479,904        1,186,195        1,008,121

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX          2,096,920        2,331,370        2,162,329
      TOTAL REPAYMENT OF DEBT                                                       2,096,920        2,331,370        2,162,329
      Total Expenditures                                                           70,289,297       73,101,367       72,832,316

      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                                          70,289,297       73,101,367       72,832,316

                                                        SUSSEX  -  VERNON TWP

                                          Advertised Recapitulation of Balance

                                                              Audited               Audited              Estimated             Estimated
                                                              Balance               Balance               Balance               Balance
      Budget Category                                        6/30/2007             6/30/2008             6/30/2009             6/30/2010

      Unreserved:
        General Operating Budget                             1,457,683             1,670,234             1,935,467               435,467
        Repayment of Debt                                       28,724               128,574               128,574                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                    420,555               438,418               579,435               584,435
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                    2,931,428             2,522,233               645,398                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Reserved for Repayment of Debt                              0                     0                     0                     0
 


                                                        SUSSEX  -  VERNON TWP

                                               Advertised Per Pupil Cost Calculations

                                                     2009 - 2010

                                                    2006-07        2007-08           2008-09       2008-09       2009-2010
                                                     Actual         Actual           Original      Revised       Proposed
                                                                                      Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            (2)              (3)           (4)            (5)

Total Comparative Per Pupil Cost                           10751           12506          12806          13239          13966
Total Classroom Instruction                                 6818            7574           7921           8195           8708
Classroom-Salaries and Benefits                             6673            7316           7698           7944           8454
Classroom-General Supplies and Textbooks                     144             258            223            250            251
Classroom-Purchased Services and Other                                                                       0              4
Total Support Services                                      1458            1750           1804           1855           1982
Support Services-Salaries and Benefits                      1275            1494           1563           1592           1718
Total Administrative Costs                                  1149            1318           1423           1469           1458
Administration-Salaries and Benefits                         873            1005           1074           1137           1171
Total Operations and Maintenance of Plant                   1107            1548           1315           1446           1526
Operations & Maintenance of Plant-Salary & Ben.              545             611            645            670            746
Total Food Services Costs                                                                                    0              0
Total Extracurricular Costs                                  217             242            250            269            285
Total Equipment Costs                                         10               2             75             81             21
Employee Benefits as a % of Salaries                        22.3            23.1           22.6           23.3           24.8


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2009 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 2008-09 revised appropriations and 2009-10 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.

                                                       SUSSEX  -  VERNON TWP

                Unusual Revenues and Appropriations                ___________________________________

Line Number   Revenue Source or               09-10 Amount           Description of circumstances
                Approp. Due to    



Total Unusual Revenues:                                    0                   Total Unusual Appropriations:               0

                                SUSSEX  -  VERNON TWP

Shared Services -- Description of Shared Services_________________________________________________

  TRANSPORTATION:                                                          
       The District shares 22 routes with neighboring Districts            
                                                                           
  ROAD SUPPLIES:                                                           
       The District shares the cost for salt/sand with the Township        
                                                                           
  PURCHASING:                                                              
       The District belongs to various Coops for the purpose of            
       reducing cost:                                                      
                         a.   Hunterdon County Ed. Services Coop           
                         b.   Morris County Coop                           
                         c.   Educational Data, Inc. member                
                         d.   Member of ACES                               
  INSURANCE:                                                               
       The District is a member of the joint insurance fund                
       School Alliance Insurance Fund (SAIF)                               

                                SUSSEX  -  VERNON TWP

22a. Estimated Tax Rate Information     ______________________________



A. Estimated 09-10 School Tax Rate__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       38,462,046 (A)
Estimated Net Taxable Valuation (as of 10/01/2008 )         1,532,971,856 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)X100           2.5090 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              39,707,071 (D)
Estimated Net Taxable Valuation (as of 10/01/2008 )         1,532,971,856 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)X100                  2.5902 (F)


B. Estimated 09-10 Equalized School Tax Rate____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       38,462,046 (G)
Estimated Equalized Valuation (as of 10/01/2008 )           3,310,847,789 (H)
Estimated 09-10 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      1.1617 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              39,707,071 (J)
Estimated Equalized Valuation (as of 10/01/2008 )           3,310,847,789 (K)
Estimated 09-10 Equalized Total School
                  Tax Rate=(J)/(K)X100                             1.1993 (L)

                                SUSSEX  -  VERNON TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Anthony Macerino         
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     197,153
 FTE                                    1              
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract           07/01/2006
   Ending Date of Contract              06/30/2009
   Annual Work Days                     260
   Annual Vacation Days                  38
   Annual Sick Days                      12
   Annual Personal Days                   4
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 7,132
 Bonuses                                    3,000
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                         2,280
   Retirement Plans                         6,620

 Post-Employment Benefits                  12,322
 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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                                SUSSEX  -  VERNON TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Barbara Linkenheimer     
 Job Title                              Assistant Superintendent      
                                                                      
 Base Annual Salary                     151,569
 FTE                                    1              
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract           07/01/2008
   Ending Date of Contract              06/30/2009
   Annual Work Days                     260
   Annual Vacation Days                  35
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 6,100
 Bonuses                                    6,900
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                         1,648
   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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                                SUSSEX  -  VERNON TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Steven Kepnes            
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                     130,000
 FTE                                    1              
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract           11/03/2008
   Ending Date of Contract              06/30/2009
   Annual Work Days                     260
   Annual Vacation Days                  24
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 5,632
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                           451
   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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                                SUSSEX  -  VERNON TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Darryl Storms            
 Job Title                              Other                         
                                                                      
 Base Annual Salary                      83,900
 FTE                                    1              
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract           07/01/2008
   Ending Date of Contract              06/30/2009
   Annual Work Days                     260
   Annual Vacation Days                  25
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                   432
 Bonuses                                      750
 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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                                SUSSEX  -  VERNON TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Amadou Diallo            
 Job Title                              Other                         
                                                                      
 Base Annual Salary                      83,520
 FTE                                    1              
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract           07/01/2008
   Ending Date of Contract              06/30/2009
   Annual Work Days                     260
   Annual Vacation Days                  10
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 1,476
 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