03/28/2008                                     PASSAIC  -  PASSAIC CO MANCHESTER REG

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       678                      683                      683


      Pupils on Roll - Special Full-Time                     115                      113                      112

      Private School Placements                               15                        7                       11


      Pupils Sent to Other Dists-Spec Ed Prog                  7                       21                       29

      Pupils in State Facilities                               6                       11                       11
 


                                                PASSAIC - PASSAIC CO MANCHESTER REG

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     416,479          356,478
      Withdraw from Cap Res-Excess Cost & Oth Cap Prj       10-309                     78,555
      Transfers from Other Funds                            10-5200                     6,635

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 8,986,178        9,045,789        9,249,666
      Other Local Governmental Units - Unrestricted         10-12XX                                                     164,000
      Other Local Governmental Units - Restricted           10-12XX                   461,972          697,350          468,846
      Transportation Fees from Other LEAs                   10-1420-1440              240,437          305,700          269,912
      Interest Earned on Capital Reserve Funds              10-1XXX                       872
      Unrestricted Miscellaneous Revenues                   10-1XXX                   135,448          105,000           85,000
      SUBTOTAL                                                                      9,824,907       10,153,839       10,237,424

      Revenues from State Sources:                                         
      Core Curriculum Standards Aid                         10-3111                 2,276,281        2,276,281
      Supplemental Core Curriculum Standards Aid            10-3112                   104,132          104,132
      School Choice Aid                                     10-3116                    99,708           99,708          216,200
      Transportation Aid                                    10-3120                   185,425          185,425
      Special Education Aid                                 10-3130                   400,661          400,661
      Bilingual Education                                   10-3140                    44,294           44,294
      Extraordinary Aid                                     10-3131                    39,148                            69,255
      Consolidated Aid                                      10-3195                    90,300           90,300
      Additional Formula Aid                                10-3196                   112,062          230,477
      Other State Aids                                      10-3XXX                    74,516           64,829
      Categorical Special Education Aid                     10-3132                                                     448,729
      Equalization Aid                                      10-3176                                                   4,345,393
      Categorical Security Aid                              10-3177                                                     249,841
      Categorical Transportation Aid                        10-3121                                                     149,425
      SUBTOTAL                                                                      3,426,527        3,496,107        5,478,843
      Adjustment for Prior Year Encumbrances                                                           911,703
      Actual Revenues (Over)/Under Expenditures                                      -687,988
      TOTAL OPERATING BUDGET                                                       12,648,636       14,978,128       16,072,745
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                    26,074            1,000

      Revenues from State Sources:                                         
      Demonstrably Effective Program Aid                    20-3212                   611,658          634,308
      Other Restricted Entitlements                         20-32XX                   518,403          682,941          227,653
      TOTAL REVENUES FROM STATE SOURCES                                             1,130,061        1,317,249          227,653

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               89,586           80,743           72,669
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              143,923          233,758          210,382
      Other                                                 20-4XXX                    45,013           33,655           31,417
      TOTAL REVENUES FROM FEDERAL SOURCES                                             278,522          348,156          314,468
      TOTAL GRANTS AND ENTITLEMENTS                                                 1,434,657        1,666,405          542,121
      TOTAL REVENUES/SOURCES                                                       14,083,293       16,644,533       16,614,866
                                                PASSAIC - PASSAIC CO MANCHESTER REG

                                                   Advertised Appropriations

                Budget Category                                Account          2006-07          2007-08         2008-09 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX          2,981,981        3,241,756        4,010,098
      Special Education                                     11-2XX-100-XXX            584,009          650,133          604,225
      Bilingual Education                                   11-240-100-XXX                              53,570           56,790
      Vocational Programs - Local                           11-3XX-100-XXX             40,806
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             78,660          114,864          119,242
      School Sponsored Athletics                            11-402-100-XXX            265,843          308,195          322,914
      Community Services Programs/Operations                11-800-330-XXX                500              500              500
      Support Services:
      Tuition                                               11-000-100-XXX          2,856,796        3,874,607        4,492,267
      Attendance and Social Work Services                   11-000-211-XXX             92,373           98,184          108,047
      Health Services                                       11-000-213-XXX             68,456           75,875           81,090
      Students - Related & Extraordinary                    11-000-216,217             77,371           91,421          105,400
      Guidance                                              11-000-218-XXX            386,998          425,307          427,970
      Child Study Teams                                     11-000-219-XXX            192,852          195,898          237,188
      Educational Media Services - School Library           11-000-222-XXX             92,845          105,824          115,698
      General Administration                                11-000-230-XXX            446,372          561,549          522,436
      School Administration                                 11-000-240-XXX            415,612          437,294          449,801
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            552,705          578,823          551,506
      Operation and Maintenance of Plant Services           11-000-26X-XXX            954,291        1,034,437          873,148
      Student Transportation Services                       11-000-270-XXX            817,518          956,634        1,094,365
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          1,592,909        1,871,796        1,777,409
      Total Support Services Expenditures                                           8,547,098       10,307,649       10,836,325
      TOTAL GENERAL CURRENT EXPENSE                                                12,498,897       14,676,667       15,950,094

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X             14,137           12,209            4,800
      Facilities Acquisition and Construction Services      12-000-4XX-XXX            135,602          260,398          100,000
      TOTAL CAPITAL EXPENDITURES                                                      149,739          272,607          104,800
      Transfer of Funds to Charter Schools                  10-000-100-56X                              28,854           17,851
      OPERATING BUDGET GRAND TOTAL                                                 12,648,636       14,978,128       16,072,745

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX             26,074            1,000
      Demonstrably Effective Program Aid:
      Instruction                                           20-212-100-XXX            511,069          624,327
      Support Services                                      20-212-200-XXX            100,589            9,000
      Contribution to Charter Schools                       20-212-100-56X                                 981
      TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID                                        611,658          634,308
      Other State Projects:
      Nonpublic Textbooks                                   20-XXX-XXX-XXX             33,470           32,863           32,863
      Nonpublic Auxiliary Services                          20-XXX-XXX-XXX             18,267           17,019           17,019
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX             85,538          108,857          108,857
      Nonpublic Nursing Services                            20-XXX-XXX-XXX             45,145           45,394           45,394
      Nonpublic Technology Initiative                       20-XXX-XXX-XXX             24,320           23,520           23,520
      Other Special Projects                                20-XXX-XXX-XXX            311,663          455,288
      Total State Projects                                                          1,130,061        1,317,249          227,653
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX             89,586           80,743           72,669
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            143,923          233,758          210,382
      Other Special Projects                                20-XXX-XXX-XXX             45,013           33,655           31,417
      Total Federal Projects                                                          278,522          348,156          314,468
      TOTAL GRANTS AND ENTITLEMENTS                                                 1,434,657        1,666,405          542,121
      Total Expenditures                                                           14,083,293       16,644,533       16,614,866

      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                                          14,083,293       16,644,533       16,614,866

                                                PASSAIC  -  PASSAIC CO MANCHESTER REG

                                          Advertised Recapitulation of Balance

                                                              Audited               Audited              Estimated             Estimated
                                                              Balance               Balance               Balance               Balance
      Budget Category                                        6/30/2006             6/30/2007             6/30/2008             6/30/2009

      Unreserved:
        General Operating Budget                               363,272               489,359               281,329               281,329
        Repayment of Debt                                            0                     0                     0                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                     78,556                   873                   873                   873
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                      351,929               445,226               356,478                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                PASSAIC  -  PASSAIC CO MANCHESTER REG

                                               Advertised Per Pupil Cost Calculations

                                                     2008 - 2009

                                                    2005-06        2006-07           2007-08       2007-08       2008-2009
                                                     Actual         Actual           Original      Revised       Proposed
                                                                                      Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            (2)              (3)           (4)            (5)

Total Comparative Per Pupil Cost                           12278           11907          12478          13181          13052
Total Classroom Instruction                                 6515            6406           7002           7194           7272
Classroom-Salaries and Benefits                             6115            6105           6763           6644           6862
Classroom-General Supplies and Textbooks                     160             206            120            237            175
Classroom-Purchased Services and Other                       240              95            119            314            234
Total Support Services                                      1627            1547           1543           1551           1625
Support Services-Salaries and Benefits                      1380            1365           1347           1340           1338
Total Administrative Costs                                  2148            2148           2223           2397           2301
Administration-Salaries and Benefits                        1791            1832           1870           1893           1885
Total Operations and Maintenance of Plant                   1346            1284           1101           1397           1189
Operations & Maintenance of Plant-Salary & Ben.              465             402            439            438            443
Total Food Services Costs                                                                                    0              0
Total Extracurricular Costs                                  642             522            609            641            665
Total Equipment Costs                                         10              18              0             15              6
Employee Benefits as a % of Salaries                        24.5            24.7           27.6           27.8           25.4


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2008 Comparative Spending Guide and can be found on the Department of Education's Internet address:
 http://www.state.nj.us/ education under Finance, when available.  This publication is available in the board office and public
 libraries.  The same calculations were performed using the 2007-08 revised appropriations and 2008-09 budgeted appropriations
 presented in this advertised budget.  Total Comparative Per Pupil Cost is defined as current expense exclusive of tuition
 expenditures, transportation, residential costs, and judgments against the school district. For all years, it also
 includes the restricted entitlement aids.  With the exception of Total Equipment Cost, each of the other per pupil cost
 calculations presented is a component of the total comparative per pupil cost, although all components are not shown.

                                               PASSAIC  -  PASSAIC CO MANCHESTER REG

                Unusual Revenues and Appropriations
                ___________________________________

Line Number   Revenue Source or               08-09 Amount           Description of circumstances
                Approp. Due to    

    00191   INTER'L W/BERG.CTY.SP.SER              164,000       RENT ROOM & SERVICES TO BERG.CTY.SP.SERV
    00192   INTERLOCALS W/HALEDON BD.              418,846       SHARE ADMINISTRATIVE & TECH. SERVICES   
    00192   INTERLOCALS W/HALE.BORO                 25,000       SUPPLY TECHNOLOGY SERVICES              
    00192   INTERLOCAL W/HAWT.BD.ED.                25,000       SUPPLY TECHNOLOGY SERVICES              


Total Unusual Revenues: 
                             632,846                   Total Unusual Appropriations:               0

                        PASSAIC  -  PASSAIC CO MANCHESTER REG

Shared Services -- Description of Shared Services
_________________________________________________

  HALEDON PUBLIC SCHOOL - SUPERINTENDENT OF SCHOOLS, BUSINESS ADMINISTRATOR
  DIRECTOR OF SPECIAL SERVICES, NETWORK ADMINISTRATOR, TECHNOLOGY ADVISOR, 
  PAYROLL CLERK, COURIER, READING TEACHER, BAND & MUSIC TEACHERS           
                                                                           
  BOROUGH OF HALEDON-INTERNET SHARING, TECHNOLOGY SUPPORT, RESOURCE OFFICER
                                                                           
  EMERSON SCHOOL DISTRICT - TECHNOLOGY SUPPORT SERVICES                    
                                                                           
  HAWTHORNE SCHOOL DISTRICT - TECHNOLOGY SUPPORT SERVICES                  
                                                                           
  HAWTHORNE PUBLIC LIBRARY - TECHNOLOGY SUPPORT SERVICES                   
                                                                           
  BOROUGH OF NORTH HALEDON - E-MAIL & TECHNOLOGY SUPPORT SERVICES,         
  RESOURCE OFFICER                                                         
                                                                           
                                                                           
  WALDWICK BOARD OF EDUCATION - TECHNOLOGY SUPPORT SERVICES                
                                                                           
  HARRINGTON PARK SCHOOL DISTRICT - TECHNOLOGY SUPPORT SERVICES            
                                                                           
  NORTH HALEDON SCHOOL DISTRICT - TECHNOLOGY SUPPORT SERVICES              
                                                                           
  BLOOMINGDALE SCHOOL DISTRICT - TECHNOLOGY SUPPORT SERVICES               
                                                                           
  MAYWOOD SCHOOL DISTRICT - TECHNOLOGY SERVICES                            
                                                                           
  PROSPECT PARK SCHOOL DISTRICT - TECHNOLOGY SUPPORT SERVICES              

                        PASSAIC  -  PASSAIC CO MANCHESTER REG

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

HALEDON BORO             

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        3,622,283 (A)
Estimated Net Taxable Valuation (as of 01/15/2008 )           330,471,372 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           1.0961 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               3,622,283 (D)
Estimated Net Taxable Valuation (as of 01/15/2008 )           330,471,372 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  1.0961 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

HALEDON BORO             

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        3,622,283 (G)
Estimated Equalized Valuation (as of 10/01/2007 )             713,660,847 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.5076 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               3,622,283 (J)
Estimated Equalized Valuation (as of 10/01/2007 )             713,660,847 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.5076 (L)


                        PASSAIC  -  PASSAIC CO MANCHESTER REG

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

NORTH HALEDON            

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,886,275 (A)
Estimated Net Taxable Valuation (as of 01/15/2008 )           445,574,397 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.6478 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,886,275 (D)
Estimated Net Taxable Valuation (as of 01/15/2008 )           445,574,397 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.6478 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

NORTH HALEDON            

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,886,275 (G)
Estimated Equalized Valuation (as of 10/01/2007 )           1,561,719,312 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.1848 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,886,275 (J)
Estimated Equalized Valuation (as of 10/01/2007 )           1,561,719,312 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.1848 (L)


                        PASSAIC  -  PASSAIC CO MANCHESTER REG

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

PROSPECT PARK            

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,741,108 (A)
Estimated Net Taxable Valuation (as of 01/15/2008 )           181,421,550 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           1.5109 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,741,108 (D)
Estimated Net Taxable Valuation (as of 01/15/2008 )           181,421,550 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  1.5109 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

PROSPECT PARK            

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,741,108 (G)
Estimated Equalized Valuation (as of 10/01/2007 )             434,389,606 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.6310 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,741,108 (J)
Estimated Equalized Valuation (as of 10/01/2007 )             434,389,606 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.6310 (L)