04/01/2010                                            CAPE MAY  -  LOWER TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2008         October 15, 2009         October 15, 2010
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                      1544                     1552                     1577


      Pupils on Roll - Special Full-Time                     330                      345                      346

      Private School Placements                                                         2


      Pupils Sent to Other Dists-Spec Ed Prog                 21                       21                       24
      Pupils Received                                                                   1
 


                                                       CAPE MAY - LOWER TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2008-09          2009-10          2010-11
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                   1,748,054          714,138
      Withdrawal from Maint. Reserve                        10-310                                                      300,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                13,899,088       13,899,088       14,371,889
      Tuition                                               10-1300                    26,299
      Unrestricted Miscellaneous Revenues                   10-1XXX                   100,605          114,542          103,790
      SUBTOTAL                                                                     14,025,992       14,013,630       14,475,679

      Revenues from State Sources:                                         
      School Choice Aid                                     10-3116                                    550,260          551,060
      Other State Aids                                      10-3XXX                   556,625
      Categorical Special Education Aid                     10-3132                   779,896          822,314          825,603
      Equalization Aid                                      10-3176                 4,008,251        4,042,737        5,229,911
      Categorical Security Aid                              10-3177                   379,780          405,761          442,635
      Adjustment Aid                                        10-3178                 4,066,106        3,097,228        1,421,138
      Categorical Transportation Aid                        10-3121                   616,970          729,349          756,830
      SUBTOTAL                                                                     10,407,628        9,647,649        9,227,177

      Revenues from Federal Sources:                                       
      Medicaid Reimbursement                                10-4200                    24,890           58,399           52,109
      Equalization Aid - ARRA ESF                           16-4520                                    862,742
      Equalization Aid - ARRA GSF                           17-4521                                     33,398
      SUBTOTAL                                                                         24,890          954,539           52,109
      Adjustment for Prior Year Encumbrances                                                             6,592
      Actual Revenues (Over)/Under Expenditures                                      -875,341
      TOTAL OPERATING BUDGET                                                       23,583,169       26,370,464       24,769,103
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                     2,000              997

      Revenues from State Sources:                                         
      Preschool Education Aid                               20-3218                   340,330          347,652          395,604
      TOTAL REVENUES FROM STATE SOURCES                                               340,330          347,652          395,604

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416              349,083          308,055          261,847
      Title II                                              20-4451-4455                                                108,614
      Title III                                             20-4491-4494                                                  9,558
      Title IV                                              20-4471-4474                                                  5,018
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              472,412          477,583          405,946
      Other                                                 20-4XXX                   177,183          851,588           22,247
      TOTAL REVENUES FROM FEDERAL SOURCES                                             998,678        1,637,226          813,230
      TOTAL GRANTS AND ENTITLEMENTS                                                 1,341,008        1,985,875        1,208,834
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                          94

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   470,775          472,801
      TOTAL REVENUES FROM LOCAL SOURCES                                               470,775          472,801

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   218,314          218,491
      TOTAL LOCAL REPAYMENT OF DEBT                                                   689,089          691,386
      Actual Revenues (Over)/Under Expenditures                                         1,738
      TOTAL REPAYMENT OF DEBT                                                         690,827          691,386
      TOTAL REVENUES/SOURCES                                                       25,615,004       29,047,725       25,977,937
                                                       CAPE MAY - LOWER TWP

                                                   Advertised Appropriations

                Budget Category                                Account          2008-09          2009-10         2010-11 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX          8,093,555        8,870,886        8,675,720
      Special Education                                     11-2XX-100-XXX          2,022,244        2,091,010        2,130,656
      Bilingual Education                                   11-240-100-XXX              2,226
      Before/After School Programs                          11-421-XXX-XXX                              70,000
      Support Services:
      Tuition                                               11-000-100-XXX            472,665          325,638          402,277
      Attendance and Social Work Services                   11-000-211-XXX             33,080           34,863           35,891
      Health Services                                       11-000-213-XXX            371,369          423,360          423,490
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            351,601          377,749          388,887
      Guidance                                              11-000-218-XXX            288,234          315,778          324,691
      Child Study Teams                                     11-000-219-XXX            936,690          998,704        1,009,095
      Improvement of Instructional Services                 11-000-221-XXX            126,593          132,270           43,142
      Educational Media Services - School Library           11-000-222-XXX            458,445          486,864          500,255
      Instructional Staff Training Services                 11-000-223-XXX            150,673          178,532          124,279
      General Administration                                11-000-230-XXX            480,968          529,096          476,096
      School Administration                                 11-000-240-XXX            804,996          912,689          895,113
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            326,808          384,813          365,908
      Operation and Maintenance of Plant Services           11-000-26X-XXX          2,631,538        2,793,449        2,490,091
      Student Transportation Services                       11-000-270-XXX          1,166,298        1,350,628        1,285,789
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          4,516,113        5,120,435        5,197,723
      Food Services                                         11-000-310-XXX            169,702          170,000
      Total Support Services Expenditures                                          13,285,773       14,534,868       13,962,727
      TOTAL GENERAL CURRENT EXPENSE                                                23,403,798       25,566,764       24,769,103

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X            179,371           36,900
      Facilities Acquisition and Construction Services      12-000-4XX-XXX                             766,800
      TOTAL CAPITAL EXPENDITURES                                                      179,371          803,700
      OPERATING BUDGET GRAND TOTAL                                                 23,583,169       26,370,464       24,769,103

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX              2,000              997
      Preschool Education Aid:
      Instruction                                           20-218-100-XXX            244,104          249,616          288,538
      Support Services                                      20-218-200-XXX             96,226           98,036          107,066
      TOTAL PRESCHOOL EDUCATION AID                                                   340,330          347,652          395,604
      Total State Projects                                                            340,330          347,652          395,604
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX            349,083          308,055          261,847
      Title II                                              20-XXX-XXX-XXX                                              108,614
      Title III                                             20-XXX-XXX-XXX                                                9,558
      Title IV                                              20-XXX-XXX-XXX                                                5,018
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            472,412          477,583          405,946
      Other Special Projects                                20-XXX-XXX-XXX            177,183          851,588           22,247
      Total Federal Projects                                                          998,678        1,637,226          813,230
      TOTAL GRANTS AND ENTITLEMENTS                                                 1,341,008        1,985,875        1,208,834

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            690,827          691,386
      TOTAL REPAYMENT OF DEBT                                                         690,827          691,386
      Total Expenditures                                                           25,615,004       29,047,725       25,977,937

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

      TOTAL EXPENDITURES NET OF TRANSFERS                                          25,615,004       29,047,725       25,977,937
 

                                                       CAPE MAY  -  LOWER TWP

                                          Advertised Recapitulation of Balance

                                                              Audited               Audited              Estimated             Estimated
                                                              Balance               Balance               Balance               Balance
      Budget Category                                        6/30/2008             6/30/2009             6/30/2010             6/30/2011

      Unassigned:
        General Operating Budget                               649,831             1,538,463               671,663               471,663
        Repayment of Debt                                        1,832                    94                     0                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                          1                     1                     1                     1
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                              1,292,246             1,292,246             1,292,246               992,246
            Legal Reserve                                    1,185,081             1,195,392               514,138                     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  -  LOWER TWP

                                               Advertised Per Pupil Cost Calculations

                                                     2010 - 2011

                                                    2007-08        2008-09           2009-10       2009-10       2010-2011
                                                     Actual         Actual           Original      Revised       Proposed
                                                                                      Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            (2)              (3)           (4)            (5)

Total Comparative Per Pupil Cost                           12062           11873          13105          12751          12208
Total Classroom Instruction                                 7167            7097           7739           7671           7512
Classroom-Salaries and Benefits                             6722            6791           7413           7354           7242
Classroom-General Supplies and Textbooks                     329             182            243            237            193
Classroom-Purchased Services and Other                       116             124             82             80             77
Total Support Services                                      1928            1855           2074           1990           1919
Support Services-Salaries and Benefits                      1724            1638           1829           1740           1691
Total Administrative Costs                                  1039            1043           1211           1160           1133
Administration-Salaries and Benefits                         878             900           1017            953            956
Legal Costs                                                    0               0             16             16             16
Total Operations and Maintenance of Plant                   1679            1659           1826           1697           1504
Operations & Maintenance of Plant-Salary & Ben.             1086            1082           1055            958            871
Total Food Services Costs                                    110              91             92             90              0
Total Extracurricular Costs                                    0               0              0              0              0
Total Equipment Costs                                        212              97              0             19              0
Employee Benefits as a % of Salaries                        30.3            28.8           32.0           30.6           31.7


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2010 Comparative Spending Guide and can be found on the Department of Education's Internet address:
 http://www.state.nj.us/ education under Finance, when available.  This publication is available in the board office and public
 libraries.  The same calculations were performed using the 2009-10 revised appropriations and 2010-11 budgeted appropriations
 presented in this advertised budget.  Total Comparative Per Pupil Cost is defined as current expense exclusive of tuition
 expenditures, transportation, residential costs, and judgments against the school district. For all years, it also
 includes the restricted entitlement aids.  With the exception of Total Equipment Cost, each of the other per pupil cost
 calculations presented is a component of the total comparative per pupil cost, although all components are not shown.

                                                       CAPE MAY  -  LOWER TWP

                Unusual Revenues and Appropriations
                ___________________________________

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



Total Unusual Revenues: 
                                   0                   Total Unusual Appropriations:               0

                               CAPE MAY  -  LOWER TWP

Shared Services -- Description of Shared Services
_________________________________________________

  Web design and support from LCMR School District                         
  Food Service Supervisor to LCMR School District                          
  Resource Officer from Lower Township                                     
  Food Service to West Cape May School District                            
  Curriculum Articulation support to Cape May and West Cape May Schools    
  Inservice participation to Cape May and West Cape May Schools            

                               CAPE MAY  -  LOWER TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 10-11 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       14,135,489 (A)
Estimated Net Taxable Valuation (as of 10/01/2009 )         4,709,617,022 (B)
Estimated 10-11 General Fund School Tax Rate=(A)/(B)X100           0.3001 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              14,371,889 (D)
Estimated Net Taxable Valuation (as of 10/01/2009 )         4,709,617,022 (E)
Estimated 10-11 Total School Tax Rate=(D)/(E)X100                  0.3052 (F)


B. Estimated 10-11 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       14,135,489 (G)
Estimated Equalized Valuation (as of 10/01/2009 )           4,313,802,611 (H)
Estimated 10-11 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.3277 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              14,371,889 (J)
Estimated Equalized Valuation (as of 10/01/2009 )           4,313,802,611 (K)
Estimated 10-11 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.3332 (L)

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

 Name                                   Joseph Cirrinicione      
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     148,677
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2008
   Ending Date of Contract              06/30/2011
   Annual Work Days                     240
   Annual Vacation Days                  20
   Annual Sick Days                      15
   Annual Personal Days                   0
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 1,590
 Bonuses                                   14,686
 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               Capped by law.                        
   Buyback of Vac. Days               Prohibited by law.                    
   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  -  LOWER TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   George Drozdowski        
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                     134,438
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2009
   Ending Date of Contract              06/30/2010
   Annual Work Days                     240
   Annual Vacation Days                  20
   Annual Sick Days                      15
   Annual Personal Days                   0
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 2,435
 Bonuses                                    8,066
 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               Capped by Law                         
   Buyback of Vac. Days               Prohibited by Law                     
   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        Not allowed per IRS                   
   Annual Buyback of Vac. Days        Prohibited by Law                     
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

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

 Name                                   Leesa Carlin             
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        Special Services              
 Base Annual Salary                     101,696
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2009
   Ending Date of Contract              06/30/2010
   Annual Work Days                     240
   Annual Vacation Days                  20
   Annual Sick Days                      15
   Annual Personal Days                   0
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                     0
 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               Will depend on number accumulated     
   Buyback of Vac. Days               Will depend on number accumulated     
   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  -  LOWER TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Robert Morris            
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        Food Service                  
 Base Annual Salary                      80,916
 FTE                                    1.0
 Shared with Another District?          Y
   District Name                        LOWER CAPE MAY REGIONAL  
   Job Description in other district    Same                          
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2009
   Ending Date of Contract              06/30/2010
   Annual Work Days                     200
   Annual Vacation Days                   0
   Annual Sick Days                      13
   Annual Personal Days                   0
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                     0
 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  -  LOWER TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Fred Fala                
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        Buildings and Grounds         
 Base Annual Salary                      84,576
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2009
   Ending Date of Contract              06/30/2010
   Annual Work Days                     240
   Annual Vacation Days                  20
   Annual Sick Days                      15
   Annual Personal Days                   0
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                     0
 Bonuses                                    8,473
 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               Will depend on number accumulated     
   Buyback of Vac. Days               Will depend on number accumulated     
   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  -  LOWER TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Martha Polillo           
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        Transportation                
 Base Annual Salary                      67,661
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2009
   Ending Date of Contract              06/30/2010
   Annual Work Days                     240
   Annual Vacation Days                  20
   Annual Sick Days                      15
   Annual Personal Days                   0
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                     0
 Bonuses                                   18,175
 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               Will depend on number accumulated     
   Buyback of Vac. Days               Will depend on number accumulated     
   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