03/28/2011                                        CAMDEN  -  LAUREL SPRINGS BORO

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2009         October 15, 2010         October 15, 2011
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       156                      147                      145





      Pupils on Roll - Special Full-Time                      16                       19                       15


      Subtotal - Pupils On Roll                               172                      166                      160
      Private School Placements                                6                        4



      Pupils Sent to Other Districts-Reg Prog                143                      133                      161

      Pupils Sent to Other Dists-Spec Ed Prog                 22                       20



      Pupils in State Facilities                               1
 


                                                   CAMDEN - LAUREL SPRINGS BORO

                                                      Advertised Revenues

      Budget Category                                        Account             2009-10          2010-11          2011-12
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                      95,440           92,555

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 2,527,750        2,645,993        2,521,412
      Unrestricted Miscellaneous Revenues                   10-1XXX                     9,033
      SUBTOTAL                                                                      2,536,783        2,645,993        2,521,412

      Revenues from State Sources:                                         
      Categorical Special Education Aid                     10-3132                   184,725                           174,068
      Equalization Aid                                      10-3176                 1,217,349        1,540,119        1,411,418
      Categorical Security Aid                              10-3177                    17,523
      Categorical Transportation Aid                        10-3121                    10,596
      SUBTOTAL                                                                      1,430,193        1,540,119        1,585,486

      Revenues from Federal Sources:                                       
      Equalization Aid - ARRA ESF                           16-4520                   268,786
      Equalization Aid - ARRA GSF                           17-4521                    10,405
      Education Jobs Fund                                   18-4522                                                      58,549
      SUBTOTAL                                                                        279,191                            58,549
      Actual Revenues (Over)/Under Expenditures                                       207,272
      TOTAL OPERATING BUDGET                                                        4,453,439        4,281,552        4,258,002
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                       727

      Revenues from State Sources:                                         
      Other Restricted Entitlements                         20-32XX                        86
      TOTAL REVENUES FROM STATE SOURCES                                                    86

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               36,114           20,189           17,161
      Title II                                              20-4451-4455                                20,932           17,792
      Title VI                                              20-4417-4418                  607
      I.D.E.A. Part B (Handicapped)                         20-4420-4429               86,997           73,761           62,697
      Other                                                 20-4XXX                    11,135           66,784            2,330
      TOTAL REVENUES FROM FEDERAL SOURCES                                             134,853          181,666           99,980
      TOTAL GRANTS AND ENTITLEMENTS                                                   135,666          181,666           99,980
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                           1

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   128,533          140,088          137,370
      TOTAL REVENUES FROM LOCAL SOURCES                                               128,533          140,088          137,370

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                    86,833           72,403           70,997
      TOTAL LOCAL REPAYMENT OF DEBT                                                   215,366          212,492          208,367
      Actual Revenues (Over)/Under Expenditures                                         1,250
      TOTAL REPAYMENT OF DEBT                                                         216,616          212,492          208,367
      TOTAL REVENUES/SOURCES                                                        4,805,721        4,675,710        4,566,349
                                                   CAMDEN - LAUREL SPRINGS BORO

                                                   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            864,696          758,021          746,923
      Special Education                                     11-2XX-100-XXX            160,139          127,298          231,520
      Basic Skills/Remedial                                 11-230-100-XXX             38,048            6,660           25,850
      School Sponsored Athletics                            11-402-100-XXX                               2,400            2,500
      Community Services Programs/Operations                11-800-330-XXX              3,043            3,650            3,750
      Support Services:
      Tuition                                               11-000-100-XXX          2,316,900        2,219,413        2,054,677
      Attendance and Social Work Services                   11-000-211-XXX                                 374              375
      Health Services                                       11-000-213-XXX             57,470           62,640           69,104
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            113,172          125,630          122,580
      Guidance                                              11-000-218-XXX              3,338           26,391           29,585
      Child Study Teams                                     11-000-219-XXX             47,781           68,073           71,087
      Improvement of Instructional Services                 11-000-221-XXX                200              300              300
      Educational Media Services - School Library           11-000-222-XXX             17,871            5,262           14,881
      Instructional Staff Training Services                 11-000-223-XXX                349            4,530            4,400
      General Administration                                11-000-230-XXX            131,880          134,183          123,938
      School Administration                                 11-000-240-XXX             71,527           51,015           51,543
      Central Svcs & Admin Info Technology                  11-000-25X-XXX             59,010           57,328           58,205
      Operation and Maintenance of Plant Services           11-000-26X-XXX            220,601          217,187          223,112
      Student Transportation Services                       11-000-270-XXX             67,302           74,174           78,005
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX            280,112          337,023          345,667
      Total Support Services Expenditures                                           3,387,513        3,383,523        3,247,459
      TOTAL GENERAL CURRENT EXPENSE                                                 4,453,439        4,281,552        4,258,002
      OPERATING BUDGET GRAND TOTAL                                                  4,453,439        4,281,552        4,258,002

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX                727
      Other State Projects:
      Other Special Projects                                20-XXX-XXX-XXX                 86
      Total State Projects                                                                 86
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX             36,114           20,189           17,161
      Title II                                              20-XXX-XXX-XXX                              20,932           17,792
      Title VI                                              20-XXX-XXX-XXX                607
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX             86,997           73,761           62,697
      Other Special Projects                                20-XXX-XXX-XXX             11,135           66,784            2,330
      Total Federal Projects                                                          134,853          181,666           99,980
      TOTAL GRANTS AND ENTITLEMENTS                                                   135,666          181,666           99,980

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            216,616          212,492          208,367
      TOTAL REPAYMENT OF DEBT                                                         216,616          212,492          208,367
      Total Expenditures                                                            4,805,721        4,675,710        4,566,349

      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                                           4,805,721        4,675,710        4,566,349
 

                                                   CAMDEN  -  LAUREL SPRINGS BORO

                                          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                               353,060               263,099               263,659               171,104
        Repayment of Debt                                        1,251                     1                     0                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                      1,113                 1,113                 1,113                 1,113
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                      117,311                     0                     0                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Restricted for Repayment of Debt                            0                     0                     0                     0
 



                                                   CAMDEN  -  LAUREL SPRINGS BORO

                                               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                           11058           10504          11807          11976          13283
Total Classroom Instruction                                 6730            7408           6699           6813           7835
Classroom-Salaries and Benefits                             6181            6703           5994           6265           7283
Classroom-General Supplies and Textbooks                     336             448            429            271            280
Classroom-Purchased Services and Other                       214             257            276            277            272
Total Support Services                                      1188            1562           2033           2039           2246
Support Services-Salaries and Benefits                       630             890           1193           1185           1376
Total Administrative Costs                                  1748            1783           1735           1760           1750
Administration-Salaries and Benefits                        1304            1398           1281           1303           1353
Legal Costs                                                    0               0              0              0              0
Total Operations and Maintenance of Plant                   1364            1303           1300           1323           1409
Operations & Maintenance of Plant-Salary & Ben.               83              88             63             64             66
Total Food Services Costs                                      0               0              0              0              0
Total Extracurricular Costs                                    7               0             19             19             20
Total Equipment Costs                                          0               0              0              0              0
Employee Benefits as a % of Salaries                        24.2            22.0           30.4           29.8           27.2


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 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.

                           CAMDEN  -  LAUREL SPRINGS BORO

Shared Services -- Description of Shared Services
_________________________________________________

  We purchase a bulk of our food products from Easterb Regional HS.        
                                                                           
  Our property and casualty insurance is purchased through a Joint         
  Insurance Fund.                                                          
                                                                           
  Our health insurance is purchased through the New Jersey Health          
  Insurance Program.                                                       
                                                                           
  We share a superintendent with Stratford Board of Education.             
                                                                           
  We share custodial and maintenance services with Stratford Board of      
  Education.                                                               
                                                                           
  We are involved with the ACES Program for energy.                        
                                                                           
  We share a CST member with Stratford Board of Education.                 

                           CAMDEN  -  LAUREL SPRINGS BORO

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 11-12 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,583,703 (A)
Estimated Net Taxable Valuation (as of 10/01/2010 )            82,388,228 (B)
Estimated 11-12 General Fund School Tax Rate=(A)/(B)X100           3.1360 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,722,432 (D)
Estimated Net Taxable Valuation (as of 10/01/2010 )            82,388,228 (E)
Estimated 11-12 Total School Tax Rate=(D)/(E)X100                  3.3044 (F)


B. Estimated 11-12 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,583,703 (G)
Estimated Equalized Valuation (as of 10/01/2010 )             147,516,481 (H)
Estimated 11-12 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      1.7515 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,722,432 (J)
Estimated Equalized Valuation (as of 10/01/2010 )             147,516,481 (K)
Estimated 11-12 Equalized Total School
                  Tax Rate=(J)/(K)X100                             1.8455 (L)

                           CAMDEN  -  LAUREL SPRINGS BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Albert K. Brown          
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                      43,355
 FTE                                    0.3
 Shared with Another District?          Y
   District Name                        STRATFORD BORO           
   Job Description in other district                                  
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2009
   Ending Date of Contract              06/30/2014
   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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                           CAMDEN  -  LAUREL SPRINGS BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   William H. Thompson      
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                      37,575
 FTE                                    0.3
 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                       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