04/13/2010                                        CAMDEN  -  LAUREL SPRINGS BORO

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2008         October 15, 2009         October 15, 2010
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       170                      156                      154


      Pupils on Roll - Special Full-Time                      11                       16                       15

      Private School Placements                                4                        6                        5

      Pupils Sent to Other Districts-Reg Prog                143                      143                      161
      Pupils Sent to Other Dists-Spec Ed Prog                 37                       22                        1

      Pupils in State Facilities                               1                        1
 


                                                   CAMDEN - LAUREL SPRINGS BORO

                                                      Advertised Revenues

      Budget Category                                        Account             2008-09          2009-10          2010-11
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     242,287           95,440

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 2,551,598        2,527,750        2,659,193
      Unrestricted Miscellaneous Revenues                   10-1XXX                     5,378
      SUBTOTAL                                                                      2,556,976        2,527,750        2,659,193

      Revenues from State Sources:                                         
      Extraordinary Aid                                     10-3131                    32,667
      Categorical Special Education Aid                     10-3132                   175,745          184,725
      Equalization Aid                                      10-3176                 1,546,742        1,538,699        1,540,119
      Categorical Security Aid                              10-3177                    24,379           26,958
      Categorical Transportation Aid                        10-3121                    14,906           16,301
      SUBTOTAL                                                                      1,794,439        1,766,683        1,540,119
      Actual Revenues (Over)/Under Expenditures                                       -44,376
      TOTAL OPERATING BUDGET                                                        4,307,039        4,536,720        4,294,752
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                       142

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               31,952           42,888           26,845
      Title VI                                              20-4417-4418                  869
      I.D.E.A. Part B (Handicapped)                         20-4420-4429               75,325           78,124           59,662
      Other                                                 20-4XXX                    12,803           96,516           76,437
      TOTAL REVENUES FROM FEDERAL SOURCES                                             120,949          217,528          162,944
      TOTAL GRANTS AND ENTITLEMENTS                                                   121,091          217,528          162,944
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                       1,250                1

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   119,044          128,533          140,088
      Miscellaneous                                         40-1XXX                    50,000
      TOTAL REVENUES FROM LOCAL SOURCES                                               169,044          128,533          140,088

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   113,100           86,833           72,403
      TOTAL LOCAL REPAYMENT OF DEBT                                                   282,144          216,616          212,492
      Actual Revenues (Over)/Under Expenditures                                            -1
      TOTAL REPAYMENT OF DEBT                                                         282,143          216,616          212,492
      TOTAL REVENUES/SOURCES                                                        4,710,273        4,970,864        4,670,188
                                                   CAMDEN - LAUREL SPRINGS BORO

                                                   Advertised Appropriations

                Budget Category                                Account          2008-09          2009-10         2010-11 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX            805,031          900,411          681,529
      Special Education                                     11-2XX-100-XXX            149,450          168,294          201,499
      Basic Skills/Remedial                                 11-230-100-XXX             41,545           63,280           26,045
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX              1,000
      School Sponsored Athletics                            11-402-100-XXX                               2,400            2,400
      Community Services Programs/Operations                11-800-330-XXX              3,783            3,650            3,650
      Support Services:
      Tuition                                               11-000-100-XXX          2,242,982        2,311,128        2,211,971
      Attendance and Social Work Services                   11-000-211-XXX                                 400              400
      Health Services                                       11-000-213-XXX             51,857           56,259           62,640
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217             78,319           93,232          125,838
      Guidance                                              11-000-218-XXX                468            3,767           29,044
      Child Study Teams                                     11-000-219-XXX             46,155           56,579           68,457
      Improvement of Instructional Services                 11-000-221-XXX                440              200              300
      Educational Media Services - School Library           11-000-222-XXX             14,096           21,064            5,262
      Instructional Staff Training Services                 11-000-223-XXX                742            4,681            4,530
      General Administration                                11-000-230-XXX            142,435          135,622          133,792
      School Administration                                 11-000-240-XXX             68,520           72,138           51,026
      Central Svcs & Admin Info Technology                  11-000-25X-XXX             58,247           56,365           57,966
      Operation and Maintenance of Plant Services           11-000-26X-XXX            242,890          211,400          217,206
      Student Transportation Services                       11-000-270-XXX             71,001           76,154           74,174
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX            288,078          299,696          337,023
      Total Support Services Expenditures                                           3,306,230        3,398,685        3,379,629
      TOTAL GENERAL CURRENT EXPENSE                                                 4,307,039        4,536,720        4,294,752
      OPERATING BUDGET GRAND TOTAL                                                  4,307,039        4,536,720        4,294,752

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX                142
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX             31,952           42,888           26,845
      Title VI                                              20-XXX-XXX-XXX                869
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX             75,325           78,124           59,662
      Other Special Projects                                20-XXX-XXX-XXX             12,803           96,516           76,437
      Total Federal Projects                                                          120,949          217,528          162,944
      TOTAL GRANTS AND ENTITLEMENTS                                                   121,091          217,528          162,944

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX                             216,616          212,492
      Additional State School Building Aid-Ch.177           40-702-510-XXX            282,143
      Total Additional State School Building Aid                                      282,143
      TOTAL REPAYMENT OF DEBT                                                         282,143          216,616          212,492
      Total Expenditures                                                            4,710,273        4,970,864        4,670,188

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

      TOTAL EXPENDITURES NET OF TRANSFERS                                           4,710,273        4,970,864        4,670,188
 

                                                   CAMDEN  -  LAUREL SPRINGS BORO

                                          Advertised Recapitulation of Balance

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

      Unassigned:
        General Operating Budget                               239,806               353,060               191,785                96,345
        Repayment of Debt                                        1,250                 1,251                     1                     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                                      184,746               117,311                     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

                                                     2010 - 2011

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

Total Comparative Per Pupil Cost                           11196           11058          11690          12497          11885
Total Classroom Instruction                                 6857            6730           7271           7883           6784
Classroom-Salaries and Benefits                             6134            6181           6660           7199           6079
Classroom-General Supplies and Textbooks                     494             336            410            444            429
Classroom-Purchased Services and Other                       229             214            201            240            276
Total Support Services                                      1423            1188           1541           1547           2029
Support Services-Salaries and Benefits                       747             630            760            963           1190
Total Administrative Costs                                  1784            1748           1688           1786           1732
Administration-Salaries and Benefits                        1377            1304           1302           1386           1277
Legal Costs                                                    0               0              0              0              0
Total Operations and Maintenance of Plant                   1100            1364           1153           1242           1300
Operations & Maintenance of Plant-Salary & Ben.              118              83             53             70             63
Total Food Services Costs                                      0               0              0              0              0
Total Extracurricular Costs                                   22               7             16             17             18
Total Equipment Costs                                          0               0              0              0              0
Employee Benefits as a % of Salaries                        23.9            24.2           25.0           22.1           30.1


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

                                                   CAMDEN  -  LAUREL SPRINGS BORO

                Unusual Revenues and Appropriations
                ___________________________________

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



Total Unusual Revenues: 
                                   0                   Total Unusual Appropriations:               0

                           CAMDEN  -  LAUREL SPRINGS BORO

Shared Services -- Description of Shared Services
_________________________________________________

  We purchase a bulk of our food products from Eastern 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.                                   

                           CAMDEN  -  LAUREL SPRINGS BORO

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 10-11 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,593,472 (A)
Estimated Net Taxable Valuation (as of 10/01/2009 )            82,574,037 (B)
Estimated 10-11 General Fund School Tax Rate=(A)/(B)X100           3.1408 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,727,782 (D)
Estimated Net Taxable Valuation (as of 10/01/2009 )            82,574,037 (E)
Estimated 10-11 Total School Tax Rate=(D)/(E)X100                  3.3034 (F)


B. Estimated 10-11 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,593,472 (G)
Estimated Equalized Valuation (as of 10/01/2009 )             152,391,391 (H)
Estimated 10-11 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      1.7018 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,727,782 (J)
Estimated Equalized Valuation (as of 10/01/2009 )             152,391,391 (K)
Estimated 10-11 Equalized Total School
                  Tax Rate=(J)/(K)X100                             1.7900 (L)

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

 Name                                   Albert K. Brown          
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                      41,933
 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                      35,940
 FTE                                    0.3
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2009
   Ending Date of Contract              06/30/2010
   Annual Work Days                       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