03/08/2011                                            CAPE MAY  -  LOWER TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2009         October 15, 2010         October 15, 2011
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                      1552                     1497                     1497





      Pupils on Roll - Special Full-Time                     345                      337                      333


      Subtotal - Pupils On Roll                              1897                     1834                     1830
      Private School Placements                                2



      Pupils Sent to Other Districts-Reg Prog                                           1                        1

      Pupils Sent to Other Dists-Spec Ed Prog                 21                       19                       23

      Pupils Received                                          1                        1
 

                                                       CAPE MAY - LOWER TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2009-10          2010-11          2011-12
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     714,138          523,150
      Withdrawal from Maint. Reserve                        10-310                                     300,000           64,870

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                13,899,088       14,371,889       14,659,327
      Tuition                                               10-1300                    37,015
      Unrestricted Miscellaneous Revenues                   10-1XXX                   108,742          103,790          168,851
      SUBTOTAL                                                                     14,044,845       14,475,679       14,828,178

      Revenues from State Sources:                                         
      School Choice Aid                                     10-3116                   550,260          551,060          597,760
      Categorical Special Education Aid                     10-3132                   822,314          825,603          825,603
      Equalization Aid                                      10-3176                 4,042,737        5,229,911        5,229,911
      Categorical Security Aid                              10-3177                   405,761          442,635          442,635
      Adjustment Aid                                        10-3178                 2,255,410        1,421,138        1,684,777
      Categorical Transportation Aid                        10-3121                   729,349          756,830          756,830
      SUBTOTAL                                                                      8,805,831        9,227,177        9,537,516

      Revenues from Federal Sources:                                       
      Medicaid Reimbursement                                10-4200                   110,506           52,109           47,745
      Equalization Aid - ARRA ESF                           16-4520                   862,742
      Equalization Aid - ARRA GSF                           17-4521                    33,398
      Education Jobs Fund                                   18-4522                                                     349,431
      SUBTOTAL                                                                      1,006,646           52,109          397,176
      Adjustment for Prior Year Encumbrances                                                            23,368
      Actual Revenues (Over)/Under Expenditures                                     1,179,063
      TOTAL OPERATING BUDGET                                                       25,036,385       24,792,471       25,350,890
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                     5,997

      Revenues from State Sources:                                         
      Preschool Education Aid                               20-3218                   347,652          395,604          343,656
      Other Restricted Entitlements                         20-32XX                     2,012
      TOTAL REVENUES FROM STATE SOURCES                                               349,664          395,604          343,656

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416              308,055          330,805          281,183
      Title II                                              20-4451-4455                               128,042          108,835
      Title III                                             20-4491-4494                                11,803           10,033
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              477,583          486,207          413,280
      Other                                                 20-4XXX                   852,015           26,925           22,886
      TOTAL REVENUES FROM FEDERAL SOURCES                                           1,637,653          983,782          836,217
      TOTAL GRANTS AND ENTITLEMENTS                                                 1,993,314        1,379,386        1,179,873
      REPAYMENT OF DEBT

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

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   218,491
      TOTAL LOCAL REPAYMENT OF DEBT                                                   691,292
      Actual Revenues (Over)/Under Expenditures                                            94
      TOTAL REPAYMENT OF DEBT                                                         691,386
      TOTAL REVENUES/SOURCES                                                       27,721,085       26,171,857       26,530,763
                                                       CAPE MAY - LOWER TWP

                                                   Advertised Appropriations

                Budget Category                                Account          2009-10          2010-11         2011-12 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX          8,541,193        8,405,774        8,750,833
      Special Education                                     11-2XX-100-XXX          1,869,674        2,130,656        2,149,197
      Bilingual Education                                   11-240-100-XXX                              91,229           94,878
      Before/After School Programs                          11-421-XXX-XXX             91,224
      Support Services:
      Tuition                                               11-000-100-XXX            449,787          402,277          404,352
      Attendance and Social Work Services                   11-000-211-XXX             34,230           37,891           37,588
      Health Services                                       11-000-213-XXX            363,906          423,490          436,850
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            265,771          388,887          402,682
      Guidance                                              11-000-218-XXX            301,880          324,691          337,284
      Child Study Teams                                     11-000-219-XXX            961,475        1,006,729        1,030,135
      Improvement of Instructional Services                 11-000-221-XXX            118,755           49,597           49,597
      Educational Media Services - School Library           11-000-222-XXX            483,071          518,255          523,473
      Instructional Staff Training Services                 11-000-223-XXX            137,986          115,824          115,308
      General Administration                                11-000-230-XXX            472,235          478,091          457,432
      School Administration                                 11-000-240-XXX            837,244          895,113          895,113
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            336,411          366,230          365,908
      Operation and Maintenance of Plant Services           11-000-26X-XXX          2,542,554        2,573,217        2,527,293
      Student Transportation Services                       11-000-270-XXX          1,195,005        1,270,413        1,314,064
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          5,064,806        5,314,107        5,458,903
      Food Services                                         11-000-310-XXX            170,000
      Total Support Services Expenditures                                          13,735,116       14,164,812       14,355,982
      TOTAL GENERAL CURRENT EXPENSE                                                24,237,207       24,792,471       25,350,890

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X             32,378
      Facilities Acquisition and Construction Services      12-000-4XX-XXX            766,800
      TOTAL CAPITAL EXPENDITURES                                                      799,178
      OPERATING BUDGET GRAND TOTAL                                                 25,036,385       24,792,471       25,350,890

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX              5,997
      Preschool Education Aid:
      Instruction                                           20-218-100-XXX                             288,538          248,073
      Support Services                                      20-218-200-XXX            347,652          107,066           95,583
      TOTAL PRESCHOOL EDUCATION AID                                                   347,652          395,604          343,656
      Other State Projects:
      Other Special Projects                                20-XXX-XXX-XXX              2,012
      Total State Projects                                                            349,664          395,604          343,656
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX            308,055          330,805          281,183
      Title II                                              20-XXX-XXX-XXX                             128,042          108,835
      Title III                                             20-XXX-XXX-XXX                              11,803           10,033
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            477,583          486,207          413,280
      Other Special Projects                                20-XXX-XXX-XXX            852,015           26,925           22,886
      Total Federal Projects                                                        1,637,653          983,782          836,217
      TOTAL GRANTS AND ENTITLEMENTS                                                 1,993,314        1,379,386        1,179,873

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            691,386
      TOTAL REPAYMENT OF DEBT                                                         691,386
      Total Expenditures                                                           27,721,085       26,171,857       26,530,763

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

      TOTAL EXPENDITURES NET OF TRANSFERS                                          27,721,085       26,171,857       26,530,763
 

                                                       CAPE MAY  -  LOWER TWP

                                          Advertised Recapitulation of Balance

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

      Unassigned:
        General Operating Budget                             1,538,463               700,728               400,728               200,728
        Repayment of Debt                                           94                     0                     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             1,227,376
            Legal Reserve                                    1,195,392               837,288               323,150                     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

                                                     2011 - 2012

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

Total Comparative Per Pupil Cost                           11873           11659          12208          12822          13102
Total Classroom Instruction                                 7097            7252           7512           7805           8068
Classroom-Salaries and Benefits                             6791            6984           7242           7523           7792
Classroom-General Supplies and Textbooks                     182             192            193            203            197
Classroom-Purchased Services and Other                       124              77             77             80             80
Total Support Services                                      1855            2013           1919           2035           2096
Support Services-Salaries and Benefits                      1638            1817           1691           1791           1862
Total Administrative Costs                                  1043            1046           1134           1198           1188
Administration-Salaries and Benefits                         900             938            956           1011           1007
Legal Costs                                                    0              13             16             18             17
Total Operations and Maintenance of Plant                   1659            1578           1504           1635           1593
Operations & Maintenance of Plant-Salary & Ben.             1082             950            871            943            860
Total Food Services Costs                                     91              90              0              0              0
Total Extracurricular Costs                                    0               0              0              0              0
Total Equipment Costs                                         97              17              0              0              0
Employee Benefits as a % of Salaries                        28.8            32.2           31.7           32.7           32.8


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2011 Comparative Spending Guide and can be found on the Department of Education's Internet address:
 http://www.state.nj.us/ education under Finance, when available.  This publication is available in the board office and public
 libraries.  The same calculations were performed using the 2010-11 revised appropriations and 2011-12 budgeted appropriations
 presented in this advertised budget.  Total Comparative Per Pupil Cost is defined as current expense exclusive of tuition
 expenditures, transportation, residential costs, and judgments against the school district. For all years, it also
 includes the restricted entitlement aids.  With the exception of Total Equipment Cost, each of the other per pupil cost
 calculations presented is a component of the total comparative per pupil cost, although all components are not shown.

                                                       CAPE MAY  -  LOWER TWP

                Unusual Revenues and Appropriations
                ___________________________________

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



Total Unusual Revenues: 
                                   0                   Total Unusual Appropriations:               0

                               CAPE MAY  -  LOWER TWP

Shared Services -- Description of Shared Services
_________________________________________________

  Web design and support from LCMR School District.                        
  Tecnical assistance to the LCMR Food Service program.                    
  Resource Officer from Lower Township.                                    
  Food Service to West Cape May School District.                           
  Inservice participation to Cape May and West Cape May Schools.           

                               CAPE MAY  -  LOWER TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 11-12 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       14,515,608 (A)
Estimated Net Taxable Valuation (as of 10/01/2010 )         4,096,120,972 (B)
Estimated 11-12 General Fund School Tax Rate=(A)/(B)X100           0.3544 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              14,515,608 (D)
Estimated Net Taxable Valuation (as of 10/01/2010 )         4,096,120,972 (E)
Estimated 11-12 Total School Tax Rate=(D)/(E)X100                  0.3544 (F)


B. Estimated 11-12 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       14,515,608 (G)
Estimated Equalized Valuation (as of 10/01/2010 )           4,220,857,580 (H)
Estimated 11-12 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.3439 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              14,515,608 (J)
Estimated Equalized Valuation (as of 10/01/2010 )           4,220,857,580 (K)
Estimated 11-12 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.3439 (L)

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

 Name                                   Joseph Cirrinicione      
 Job Title                              Superintendent                
                                        Interim                       
 Base Annual Salary                      43,360
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           11/01/2010
   Ending Date of Contract              10/31/2011
   Annual Work Days                     240
   Annual Vacation Days                   0
   Annual Sick Days                       0
   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                                   George Drozdowski        
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                     138,471
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     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                                    8,308
 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        Prohibited by IRS                     
   Annual Buyback of Vac. Days        Prohibited by Law                     
   Annual Buyback of Personal Days    Prohibited by Law                     
   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                     104,747
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     240
   Annual Vacation Days                  20
   Annual Sick Days                      15
   Annual Personal Days                   1
   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 Services                 
 Base Annual Salary                      83,916
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     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                      87,959
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     240
   Annual Vacation Days                  20
   Annual Sick Days                      15
   Annual Personal Days                   1
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                     0
 Bonuses                                    8,812
 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                      70,367
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     240
   Annual Vacation Days                  20
   Annual Sick Days                      15
   Annual Personal Days                   1
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                     0
 Bonuses                                   19,675
 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