03/20/2008                                           SALEM  -  MANNINGTON TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       143                      156                      161


      Pupils on Roll - Special Full-Time                      11                       15                       11

      Private School Placements                                1                        1                        2
      Pupils Sent to Contracted Preschool Prog                                          1
      Pupils Sent to Other Districts-Reg Prog                 40                       38                       48
      Pupils Sent to Other Dists-Spec Ed Prog                 11                        7                        7
      Pupils Received                                         12                       15                       18
 


                                                      SALEM - MANNINGTON TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     199,703          123,417
      Transfers from Other Funds                            10-5200                     9,832

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 2,052,703        2,131,540        2,216,802
      Tuition                                               10-1300                    35,460           37,500           45,000
      Interest Earned on Capital Reserve Funds              10-1XXX                        76              600              600
      Unrestricted Miscellaneous Revenues                   10-1XXX                    54,165            5,000            5,000
      SUBTOTAL                                                                      2,142,404        2,174,640        2,267,402

      Revenues from State Sources:                                         
      Core Curriculum Standards Aid                         10-3111                    93,795           93,795
      Transportation Aid                                    10-3120                   110,375          110,375
      Special Education Aid                                 10-3130                   102,192          102,192
      Stabilization Aid                                     10-3171                   162,527          162,527
      Consolidated Aid                                      10-3195                    22,163           22,163
      Additional Formula Aid                                10-3196                    19,334           39,248
      Other State Aids                                      10-3XXX                    15,599           16,230
      Categorical Special Education Aid                     10-3132                                                      88,753
      Equalization Aid                                      10-3176                                                     149,902
      Categorical Security Aid                              10-3177                                                      21,170
      Adjustment Aid                                        10-3178                                                     330,204
      Categorical Transportation Aid                        10-3121                                                      90,932
      SUBTOTAL                                                                        525,985          546,530          680,961
      Adjustment for Prior Year Encumbrances                                                            24,276
      Actual Revenues (Over)/Under Expenditures                                       -93,171
      TOTAL OPERATING BUDGET                                                        2,585,050        2,945,149        3,071,780
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                     8,500

      Revenues from State Sources:                                         
      Early Childhood Program Aid                           20-3211                    92,092           92,092           49,842
      Demonstrably Effective Program Aid                    20-3212                    59,514           59,514
      Preschool Education Aid                               20-3218                                                      16,500
      Instructional Supplement Aid                          20-3214                     1,815            1,815
      Other Restricted Entitlements                         20-32XX                    11,576
      TOTAL REVENUES FROM STATE SOURCES                                               164,997          153,421           66,342

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               38,701           34,121           22,703
      I.D.E.A. Part B (Handicapped)                         20-4420-4429               51,674           50,282           36,471
      Other                                                 20-4XXX                    33,953            6,892            7,791
      TOTAL REVENUES FROM FEDERAL SOURCES                                             124,328           91,295           66,965
      TOTAL GRANTS AND ENTITLEMENTS                                                   297,825          244,716          133,307
      REPAYMENT OF DEBT

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   123,574          121,775          119,974
      TOTAL REVENUES FROM LOCAL SOURCES                                               123,574          121,775          119,974

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                    82,382           81,182           79,982
      TOTAL LOCAL REPAYMENT OF DEBT                                                   205,956          202,957          199,956
      TOTAL REPAYMENT OF DEBT                                                         205,956          202,957          199,956
      TOTAL REVENUES/SOURCES                                                        3,088,831        3,392,822        3,405,043
                                                      SALEM - MANNINGTON TWP

                                                   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            686,643          757,691          875,492
      Special Education                                     11-2XX-100-XXX            184,861          191,933          201,140
      Basic Skills/Remedial                                 11-230-100-XXX              2,062            3,300            3,300
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX              5,398            8,023            1,000
      Support Services:
      Tuition                                               11-000-100-XXX            519,311          581,880          544,445
      Attendance and Social Work Services                   11-000-211-XXX             11,154           11,684           12,571
      Health Services                                       11-000-213-XXX             30,363           31,946           32,877
      Students - Related & Extraordinary                    11-000-216,217             82,558           92,721           93,670
      Guidance                                              11-000-218-XXX                              15,500           16,170
      Child Study Teams                                     11-000-219-XXX              8,699           19,515           18,487
      Improvement of Instructional Services                 11-000-221-XXX             20,187           21,275           22,107
      Educational Media Services - School Library           11-000-222-XXX             30,698           33,214           38,920
      Instructional Staff Training Services                 11-000-223-XXX              1,820            3,508            3,508
      General Administration                                11-000-230-XXX            100,304          103,546          101,256
      School Administration                                 11-000-240-XXX             50,665           46,543           46,800
      Central Svcs & Admin Info Technology                  11-000-25X-XXX             65,661           74,348           77,427
      Operation and Maintenance of Plant Services           11-000-26X-XXX            166,382          198,895          204,682
      Student Transportation Services                       11-000-270-XXX            198,814          203,690          209,240
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX            404,470          505,118          553,088
      Food Services                                         11-000-310-XXX             15,000           15,000           15,000
      Total Support Services Expenditures                                           1,706,086        1,958,383        1,990,248
      TOTAL GENERAL CURRENT EXPENSE                                                 2,585,050        2,919,330        3,071,180

      CAPITAL EXPENDITURES
      Interest Earned on Capital Reserve                    10-604                                         600              600
      Equipment                                             12-XXX-XXX-73X                              25,219
      TOTAL CAPITAL EXPENDITURES                                                                        25,819              600
      OPERATING BUDGET GRAND TOTAL                                                  2,585,050        2,945,149        3,071,780

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX              8,500
      Early Childhood Program Aid:
      Instruction                                           20-211-100-XXX             92,092           92,092           49,842
      Support Services                                      20-211-200-XXX                                               16,500
      TOTAL EARLY CHILDHOOD PROGRAM AID                                                92,092           92,092           66,342
      Demonstrably Effective Program Aid:
      Instruction                                           20-212-100-XXX             51,751           51,751
      Support Services                                      20-212-200-XXX              7,763            7,763
      TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID                                         59,514           59,514
      Instructional Supplement Aid:
      Instruction                                           20-214-100-XXX              1,815            1,815
      TOTAL INSTRUCTIONAL SUPPLEMENT AID                                                1,815            1,815
      Other State Projects:
      Other Special Projects                                20-XXX-XXX-XXX             11,576
      Total State Projects                                                            164,997          153,421           66,342
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX             38,701           34,121           22,703
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX             51,674           50,282           36,471
      Other Special Projects                                20-XXX-XXX-XXX             33,953            6,892            7,791
      Total Federal Projects                                                          124,328           91,295           66,965
      TOTAL GRANTS AND ENTITLEMENTS                                                   297,825          244,716          133,307

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            205,956          202,957          199,956
      TOTAL REPAYMENT OF DEBT                                                         205,956          202,957          199,956
      Total Expenditures                                                            3,088,831        3,392,822        3,405,043

      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                                           3,088,831        3,392,822        3,405,043

                                                      SALEM  -  MANNINGTON TWP

                                          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                               101,702               251,488               279,042               250,000
        Repayment of Debt                                            0                     0                     0                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                     16,675                16,751                17,351                17,951
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                      375,045               294,078                94,375                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                      SALEM  -  MANNINGTON TWP

                                               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                           12554           13126          13893          13375          13860
Total Classroom Instruction                                 8241            8572           9000           8673           8945
Classroom-Salaries and Benefits                             7924            8189           8464           8171           8492
Classroom-General Supplies and Textbooks                     207             258            400            338            307
Classroom-Purchased Services and Other                       110             125            136            165            145
Total Support Services                                      1292            1489           1685           1626           1844
Support Services-Salaries and Benefits                      1081            1190           1070           1034           1294
Total Administrative Costs                                  1649            1642           1611           1545           1541
Administration-Salaries and Benefits                         948             985            882            846            824
Total Operations and Maintenance of Plant                   1248            1247           1411           1348           1386
Operations & Maintenance of Plant-Salary & Ben.              592             696            707            673            701
Total Food Services Costs                                     75              98             92             88             87
Total Extracurricular Costs                                    7              35             47             47              6
Total Equipment Costs                                         72               0              0            147              0
Employee Benefits as a % of Salaries                        31.9            31.3           39.0           38.0           38.9


 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.

                                                      SALEM  -  MANNINGTON TWP

                Unusual Revenues and Appropriations
                ___________________________________

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



Total Unusual Revenues: 
                                   0                   Total Unusual Appropriations:               0

                              SALEM  -  MANNINGTON TWP

Shared Services -- Description of Shared Services
_________________________________________________

  Mannington Township School District participates in the following shared 
  services:                                                                
  Shared Business Administrator, Shared Board Clerk, Shared Service for    
  Child Study Team, Shared Service for Guidance Services, Shared Services  
  Agreement for Satellite Food Services for lunch program, Shared Services 
  Agreement for Paper Supplies, Shared Services Agreement for Custodial    
  Supplies, Shared Services Jointure for Natural Gas Purchase, share with  
  local municipality for trash, recycle and snow plowing.                  

                              SALEM  -  MANNINGTON TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,216,802 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 )           224,172,116 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.9889 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,335,576 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 )           224,172,116 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  1.0419 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,216,802 (G)
Estimated Equalized Valuation (as of 10/01/2007 )             206,255,965 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      1.0748 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,335,576 (J)
Estimated Equalized Valuation (as of 10/01/2007 )             206,255,965 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             1.1324 (L)