10/05/2012                                         HUNTERDON  -  BLOOMSBURY BORO

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2010         October 15, 2011         October 15, 2012
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       123                      132                      141





      Pupils on Roll - Special Full-Time                      14                       20                       13


      Subtotal - Pupils On Roll                               137                      152                      154
      Private School Placements                                2                        2                        2



      Pupils Sent to Other Districts-Reg Prog                 42                       41                       34

      Pupils Sent to Other Dists-Spec Ed Prog                  8                        8                        6

      Pupils Received                                          1
 

                                                    HUNTERDON - BLOOMSBURY BORO

                                                      Advertised Revenues

      Budget Category                                        Account             2010-11          2011-12          2012-13
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     358,517          114,132

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 1,526,773        1,526,773        1,526,773
      Tuition                                               10-1300                    34,200            6,400            6,400
      Interest Earned on Capital Reserve Funds              10-1XXX                        33
      Unrestricted Miscellaneous Revenues                   10-1XXX                     9,276            2,500            6,919
      SUBTOTAL                                                                      1,570,282        1,535,673        1,540,092

      Revenues from State Sources:                                         
      School Choice Aid                                     10-3116                   178,376          186,484          448,500
      Other State Aids                                      10-3XXX                     1,098
      Categorical Special Education Aid                     10-3132                    95,314           95,314          105,564
      Equalization Aid                                      10-3176                   686,396          712,706          764,928
      Categorical Security Aid                              10-3177                                                       6,196
      Categorical Transportation Aid                        10-3121                                                       9,922
      SUBTOTAL                                                                        961,184          994,504        1,335,110

      Revenues from Federal Sources:                                       
      Education Jobs Fund                                   18-4522                                     36,173
      SUBTOTAL                                                                                          36,173
      Adjustment for Prior Year Encumbrances                                                            55,015
      Actual Revenues (Over)/Under Expenditures                                       -61,297
      TOTAL OPERATING BUDGET                                                        2,470,169        2,979,882        2,989,334
      GRANTS AND ENTITLEMENTS

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               13,968           13,032           11,077
      Title II                                              20-4451-4455                3,530            3,227            2,743
      I.D.E.A. Part B (Handicapped)                         20-4420-4429               38,892           40,942           34,801
      Other                                                 20-4XXX                   111,903           21,544           21,000
      TOTAL REVENUES FROM FEDERAL SOURCES                                             168,293           78,745           69,621
      TOTAL GRANTS AND ENTITLEMENTS                                                   168,293           78,745           69,621
      TOTAL REVENUES/SOURCES                                                        2,638,462        3,058,627        3,058,955
                                                    HUNTERDON - BLOOMSBURY BORO

                                                   Advertised Appropriations

                Budget Category                                Account          2010-11          2011-12         2012-13 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX            807,621          877,983        1,015,153
      Special Education                                     11-2XX-100-XXX            131,559          176,761           74,988
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX              5,709            5,000            6,020
      Support Services:
      Tuition                                               11-000-100-XXX            401,798          606,873          581,961
      Health Services                                       11-000-213-XXX             48,102           55,322           54,050
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217             58,161           50,500           70,500
      Guidance                                              11-000-218-XXX             23,022           23,022           52,495
      Child Study Teams                                     11-000-219-XXX             73,350           91,394          128,891
      Improvement of Instructional Services                 11-000-221-XXX              1,000            6,000            7,000
      Educational Media Services - School Library           11-000-222-XXX              6,096            8,822           34,802
      Instructional Staff Training Services                 11-000-223-XXX              2,258            5,190           15,000
      General Administration                                11-000-230-XXX             98,747          119,141          112,273
      School Administration                                 11-000-240-XXX             65,003           63,464           63,385
      Central Svcs & Admin Info Technology                  11-000-25X-XXX             71,743           68,952           68,952
      Operation and Maintenance of Plant Services           11-000-26X-XXX            124,531          257,187          218,476
      Student Transportation Services                       11-000-270-XXX             47,944           68,650           63,590
      Deposit to Current Expense Emergency Reserve          10-607                    175,000
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX            283,655          388,271          412,610
      Total Support Services Expenditures                                           1,305,410        1,812,788        1,883,985
      TOTAL GENERAL CURRENT EXPENSE                                                 2,425,299        2,872,532        2,980,146

      CAPITAL EXPENDITURES
      Interest Earned on Capital Reserve                    10-604                         33
      Equipment                                             12-XXX-XXX-73X             11,096           31,450            8,650
      Facilities Acquisition and Construction Services      12-000-4XX-XXX             33,741           75,900              538
      TOTAL CAPITAL EXPENDITURES                                                       44,870          107,350            9,188
      OPERATING BUDGET GRAND TOTAL                                                  2,470,169        2,979,882        2,989,334

      SPECIAL GRANTS AND ENTITLEMENTS
      Title I                                               20-XXX-XXX-XXX             13,968           13,032           11,077
      Federal Projects:
      Title II                                              20-XXX-XXX-XXX              3,530            3,227            2,743
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX             38,892           40,942           34,801
      Other Special Projects                                20-XXX-XXX-XXX            111,903           21,544           21,000
      Total Federal Projects                                                          168,293           78,745           69,621
      TOTAL GRANTS AND ENTITLEMENTS                                                   168,293           78,745           69,621
      Total Expenditures                                                            2,638,462        3,058,627        3,058,955

      DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
 0250XLocal Contribution - Transfer to Special Revenue      11-1XX-100-93X
      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                                           2,638,462        3,058,627        3,058,955
 

                                                    HUNTERDON  -  BLOOMSBURY BORO

                                          Advertised Recapitulation of Balance

                                                              Audited               Audited              Estimated             Estimated
                                                              Balance               Balance               Balance               Balance
      Budget Category                                        6/30/2010             6/30/2011             6/30/2012             6/30/2013

      Unrestricted:
        General Operating Budget                               253,907               255,005               276,310               250,000
        Repayment of Debt                                            0                     0                     0                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                      3,412                 3,445                 3,445                 3,445
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                      353,512               441,334                87,822                     0
            Tuition Reserve                                     50,715                     0                     0                     0
            Current Expense Emergency Reserve                        0               175,000               175,000               175,000
         Repayment of Debt:
            Restricted for Repayment of Debt                         0                     0                     0                     0
 


                                                    HUNTERDON  -  BLOOMSBURY BORO

                                               Advertised Per Pupil Cost Calculations

                                                     2012 - 2013

                                                    2009-10        2010-11           2011-12       2011-12       2012-2013
                                                     Actual         Actual           Original      Revised       Proposed
                                                                                      Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            (2)              (3)           (4)            (5)

Total Budgetary Comparative Per Pupil Cost                 13329           11604          13512          14454          15160
Total Classroom Instruction                                 8848            8244           8353           8854           8967
Classroom-Salaries and Benefits                             8050            7538           7630           8039           7999
Classroom-General Supplies and Textbooks                     558             418            370            443            577
Classroom-Purchased Services and Other                       240             288            353            372            391
Total Support Services                                      1270            1651           1706           1836           2740
Support Services-Salaries and Benefits                       920            1066           1068           1163           1692
Total Administrative Costs                                  1952            1785           1714           1804           1746
Administration-Salaries and Benefits                        1226            1024           1065           1121           1102
Legal Costs                                                    0               0             57             20             39
Total Operations and Maintenance of Plant                   1226            1134           1708           1927           1668
Operations & Maintenance of Plant-Salary & Ben.              710             719            665            700            707
Board Contribution to Food Services                            0               0              0              0              0
Total Extracurricular Costs                                   33              41             31             33             39
Total Equipment Costs                                         27              79            197            207             56
Employee Benefits as a % of Salaries                        23.9            24.2           30.1           30.0           30.2


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2012 Taxpayers' Guide to Education Spending (formerly 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 2011-12
 revised appropriations and 2012-13 budgeted appropriations presented in this advertised budget.  Total Budgetary 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 Budgetary
 comparative per pupil cost, although all components are not shown.

                                                   HUNTERDON  -  BLOOMSBURY BORO

                Unusual Revenues and Appropriations
                ___________________________________

Line Number   Revenue Source or               12-13 Amount           Description of circumstances
                Approp. Due to    



Total Unusual Revenues: 
                                   0                   Total Unusual Appropriations:               0

                            HUNTERDON  -  BLOOMSBURY BORO

Shared Services -- Description of Shared Services
_________________________________________________

  The Bloomsbury Board of Education has a shared services agreement with   
  the Pohatcong Township School District for business services.  In        
  addition, the district participates in joint transporation routes, is a  
  member of ACT for joint telecommunication service, is also a member of   
  ACES for joint electric and gas rates and participates in the cooperative
  purchasing agreements secured through the Hunterdon County Educational   
  Services Commission and the Middlesex Regional Coop.  Bloomsbury also    
  shares a curriculum coordinator with the fellow sending districts of     
  Phillipsburg High School and contracts with the Hunterdon County         
  Educational Services Commission for CST services.  Bloomsbury also       
  shares an art teacher and potentially a librarian with the Alpha School. 

                            HUNTERDON  -  BLOOMSBURY BORO

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 12-13 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,526,774 (A)
Estimated Net Taxable Valuation (as of 02/02/2012 )           109,447,224 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100           1.3950 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,526,774 (D)
Estimated Net Taxable Valuation (as of 02/02/2012 )           109,447,224 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)X100                  1.3950 (F)


B. Estimated 12-13 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,526,774 (G)
Estimated Equalized Valuation (as of 02/02/2012 )             110,154,940 (H)
Estimated 12-13 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      1.3860 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,526,774 (J)
Estimated Equalized Valuation (as of 02/02/2012 )             110,154,940 (K)
Estimated 12-13 Equalized Total School
                  Tax Rate=(J)/(K)X100                             1.3860 (L)

                            HUNTERDON  -  BLOOMSBURY BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Michael Slattery         
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     129,963
 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              07/01/2012
   Annual Work Days                     260
   Annual Vacation Days                  23
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 1
   Other Non-working days                15
   Description-Other Non-working Days   Holidays and recesses         

 Benefits:
 Allowances                                 1,700
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                         1,950
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                             0
   Retirement Plans                             0

 Post-Employment Benefits                   4,999
 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                  Upon termination of contract CSA      
                                      entitled to payment for up to 10      
                                      unused vacation days at 1/260 of CY   
                                      salary.                               
                                                                            

                            HUNTERDON  -  BLOOMSBURY BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Shared Services Agreement
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                           0
 FTE                                    0.0
 Shared with Another District?          Y
   District Name                        POHATCONG TWP            
   Job Description in other district    Business Administrator        
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2011
   Ending Date of Contract              06/30/2012
   Annual Work Days                       0
   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                  District pays the Pohatcong Twp. BOE  
                                      $68,952 for contracted business       
                                      services.