03/22/2010                                          BERGEN  -  NEW MILFORD BORO

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2008         October 15, 2009         October 15, 2010
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                      1875                     1794                     1764
      Pupils on Roll Regular Shared-Time                       4                        6                        3

      Pupils on Roll - Special Full-Time                     239                      254                      321
      Pupils on Roll - Special Shared-Time                     4                        4                        6
      Private School Placements                               16                       18


      Pupils Sent to Other Dists-Spec Ed Prog                 29                       36                       18

      Pupils in State Facilities                               2
 


                                                     BERGEN - NEW MILFORD BORO

                                                      Advertised Revenues

      Budget Category                                        Account             2008-09          2009-10          2010-11
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     425,000          255,628
      Transfers from Other Funds                            10-5200                  -517,328

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                24,033,738       25,565,634       27,038,223
      Transportation Fees from Other LEAs                   10-1420-1440               14,718           15,000           15,000
      Interest Earned on Maintenance Reserve                10-1XXX                       827
      Interest Earned on Capital Reserve Funds              10-1XXX                     5,290
      Unrestricted Miscellaneous Revenues                   10-1XXX                   249,746          310,465           75,000
      SUBTOTAL                                                                     24,304,319       25,891,099       27,128,223

      Revenues from State Sources:                                         
      Extraordinary Aid                                     10-3131                   461,757          375,000          375,000
      Other State Aids                                      10-3XXX                    33,587           33,587
      Categorical Special Education Aid                     10-3132                 1,153,377        1,246,502          270,337
      Equalization Aid                                      10-3176                   556,425          489,658          616,724
      Categorical Security Aid                              10-3177                   172,079          193,229
      Categorical Transportation Aid                        10-3121                   243,768          287,717
      SUBTOTAL                                                                      2,620,993        2,625,693        1,262,061

      Revenues from Federal Sources:                                       
      Equalization Aid - ARRA ESF                           16-4520                                    104,496
      Equalization Aid - ARRA GSF                           17-4521                                      4,045
      SUBTOTAL                                                                                         108,541
      Adjustment for Prior Year Encumbrances                                                            48,586
      Actual Revenues (Over)/Under Expenditures                                       445,838
      TOTAL OPERATING BUDGET                                                       26,853,822       29,098,919       28,645,912
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                     6,825

      Revenues from State Sources:                                         
      Other Restricted Entitlements                         20-32XX                   591,506          639,524          639,524
      TOTAL REVENUES FROM STATE SOURCES                                               591,506          639,524          639,524

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               76,924          113,929           85,991
      Title II                                              20-4451-4455                                                 43,637
      Title III                                             20-4491-4494                                                 13,411
      Title IV                                              20-4471-4474                                                  5,105
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              744,712          955,569          546,339
      Other                                                 20-4XXX                    55,237          110,256           25,698
      TOTAL REVENUES FROM FEDERAL SOURCES                                             876,873        1,179,754          720,181
      TOTAL GRANTS AND ENTITLEMENTS                                                 1,475,204        1,819,278        1,359,705
      REPAYMENT OF DEBT

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   542,538          543,250          520,050
      TOTAL REVENUES FROM LOCAL SOURCES                                               542,538          543,250          520,050
      TOTAL LOCAL REPAYMENT OF DEBT                                                   542,538          543,250          520,050
      Actual Revenues (Over)/Under Expenditures                                            -1
      TOTAL REPAYMENT OF DEBT                                                         542,537          543,250          520,050
      TOTAL REVENUES/SOURCES                                                       28,871,563       31,461,447       30,525,667
                                                     BERGEN - NEW MILFORD 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          7,795,710        8,063,573        8,119,376
      Special Education                                     11-2XX-100-XXX          1,365,082        1,425,801        1,587,721
      Basic Skills/Remedial                                 11-230-100-XXX             76,260           84,975          101,930
      Bilingual Education                                   11-240-100-XXX            105,368          105,990          106,780
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX            118,969          114,647          114,509
      School Sponsored Athletics                            11-402-100-XXX            476,838          481,708          451,716
      Support Services:
      Tuition                                               11-000-100-XXX          2,825,625        3,383,115        2,933,556
      Attendance and Social Work Services                   11-000-211-XXX            136,984          134,631          114,379
      Health Services                                       11-000-213-XXX            282,802          302,861          318,870
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            959,171        1,055,486        1,096,232
      Guidance                                              11-000-218-XXX            526,672          517,260          411,497
      Child Study Teams                                     11-000-219-XXX            690,859          737,844          758,585
      Educational Media Services - School Library           11-000-222-XXX            361,569          486,600          409,232
      Instructional Staff Training Services                 11-000-223-XXX             35,383           20,000           27,500
      General Administration                                11-000-230-XXX            710,951          759,514          730,999
      School Administration                                 11-000-240-XXX          1,280,052        1,357,856        1,091,976
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            731,688          619,474          679,905
      Operation and Maintenance of Plant Services           11-000-26X-XXX          2,853,446        3,326,741        3,310,706
      Student Transportation Services                       11-000-270-XXX            757,415          945,246          926,570
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          4,160,073        5,037,647        5,209,008
      Total Support Services Expenditures                                          16,312,690       18,684,275       18,019,015
      TOTAL GENERAL CURRENT EXPENSE                                                26,250,917       28,960,969       28,501,047

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X             48,513          137,950           72,600
      Facilities Acquisition and Construction Services      12-000-4XX-XXX            554,392                            72,265
      TOTAL CAPITAL EXPENDITURES                                                      602,905          137,950          144,865
      OPERATING BUDGET GRAND TOTAL                                                 26,853,822       29,098,919       28,645,912

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX              6,825
      Other State Projects:
      Nonpublic Textbooks                                   20-XXX-XXX-XXX             51,792           60,347           60,347
      Nonpublic Auxiliary Services                          20-XXX-XXX-XXX            191,924          220,551          220,551
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX            236,155          246,831          246,831
      Nonpublic Nursing Services                            20-XXX-XXX-XXX             73,725           71,565           71,565
      Nonpublic Technology Initiative                       20-XXX-XXX-XXX             37,710           40,230           40,230
      Other Special Projects                                20-XXX-XXX-XXX                200
      Total State Projects                                                            591,506          639,524          639,524
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX             76,924          113,929           85,991
      Title II                                              20-XXX-XXX-XXX                                               43,637
      Title III                                             20-XXX-XXX-XXX                                               13,411
      Title IV                                              20-XXX-XXX-XXX                                                5,105
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            744,712          955,569          546,339
      Other Special Projects                                20-XXX-XXX-XXX             55,237          110,256           25,698
      Total Federal Projects                                                          876,873        1,179,754          720,181
      TOTAL GRANTS AND ENTITLEMENTS                                                 1,475,204        1,819,278        1,359,705

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX                             543,250          520,050
      Additional State School Building Aid-Ch.177           40-702-510-XXX            542,537
      Total Additional State School Building Aid                                      542,537
      TOTAL REPAYMENT OF DEBT                                                         542,537          543,250          520,050
      Total Expenditures                                                           28,871,563       31,461,447       30,525,667

      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                                          28,871,563       31,461,447       30,525,667
 

                                                     BERGEN  -  NEW MILFORD 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                               980,738             1,142,415               717,415               717,415
        Repayment of Debt                                            0                     1                     0                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                    705,731               125,693               125,693               125,693
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                 71,101                71,928                     0                     0
            Legal Reserve                                      335,428               255,628               255,628                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0               100,000                     0                     0
         Restricted for Repayment of Debt                            0                     0                     0                     0
 



                                                     BERGEN  -  NEW MILFORD 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                           10765           10713          11443          12154          11794
Total Classroom Instruction                                 5614            5541           5874           6119           6211
Classroom-Salaries and Benefits                             5394            5328           5655           5886           5951
Classroom-General Supplies and Textbooks                     190             156            185            195            222
Classroom-Purchased Services and Other                        30              57             33             38             39
Total Support Services                                      1553            1707           1844           1976           1878
Support Services-Salaries and Benefits                      1336            1381           1520           1636           1533
Total Administrative Costs                                  1642            1561           1590           1649           1493
Administration-Salaries and Benefits                        1350            1298           1328           1375           1216
Legal Costs                                                    0               0             47             35             36
Total Operations and Maintenance of Plant                   1580            1532           1745           1843           1834
Operations & Maintenance of Plant-Salary & Ben.              836             870            914            933           1012
Total Food Services Costs                                      0               0              0              0              0
Total Extracurricular Costs                                  347             342            352            363            333
Total Equipment Costs                                         31              23             64             67             35
Employee Benefits as a % of Salaries                        25.4            26.8           33.1           31.3           32.6


 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.

                                                    BERGEN  -  NEW MILFORD 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

                             BERGEN  -  NEW MILFORD BORO

Shared Services -- Description of Shared Services
_________________________________________________

  New Milford participates in joint transportation agreements with Region V
  and So. Bergen Jointure. It is also a member of the Tri-Valley District  
  that also includes Dumont and Bergenfield. This district runs special ed 
  programs in autism & an alternative HS as well. Tri-Valley also parti-   
  cipates in joint transportation with the three districts plus Tenafly &  
  RiverDell. Other shared services include: Nesbig joint insurance pool,   
  ACES for energy purchases, BANC for banking services, Ed Data for joint  
  supply purchasing.                                                       

                             BERGEN  -  NEW MILFORD BORO

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 10-11 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       26,301,929 (A)
Estimated Net Taxable Valuation (as of 01/01/2010 )         1,964,597,322 (B)
Estimated 10-11 General Fund School Tax Rate=(A)/(B)X100           1.3388 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              26,667,423 (D)
Estimated Net Taxable Valuation (as of 01/01/2010 )         1,964,597,322 (E)
Estimated 10-11 Total School Tax Rate=(D)/(E)X100                  1.3574 (F)


B. Estimated 10-11 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       26,301,929 (G)
Estimated Equalized Valuation (as of 01/01/2010 )           2,041,988,693 (H)
Estimated 10-11 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      1.2881 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              26,667,423 (J)
Estimated Equalized Valuation (as of 01/01/2010 )           2,041,988,693 (K)
Estimated 10-11 Equalized Total School
                  Tax Rate=(J)/(K)X100                             1.3060 (L)

                             BERGEN  -  NEW MILFORD BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Michael Polizzi          
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     175,000
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           09/01/2009
   Ending Date of Contract              07/01/2013
   Annual Work Days                     240
   Annual Vacation Days                  20
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 9,605
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                         2,420
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                             0
   Retirement Plans                             0

 Post-Employment Benefits                  28,462
 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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                             BERGEN  -  NEW MILFORD BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Joseph Picardo           
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        Curriculum and Instruction    
 Base Annual Salary                     134,059
 FTE                                    1.0
 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                     240
   Annual Vacation Days                  22
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                10,150
 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                  34,789
 Description of:
   Buyback of Sick Days               Must be retiring, amt listed is max   
   Buyback of Vac. Days               22 days max                           
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration             2,793
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days        5 days max                            
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                             BERGEN  -  NEW MILFORD BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Michael Sawicz           
 Job Title                              Business Administrator        
                                        Board Secretary               
 Base Annual Salary                     126,500
 FTE                                    1.0
 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                     240
   Annual Vacation Days                  20
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 3,625
 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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                             BERGEN  -  NEW MILFORD BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Eurico Antunes           
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        Technology                    
 Base Annual Salary                     110,271
 FTE                                    1.0
 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                     240
   Annual Vacation Days                  20
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 2,117
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                         3,914
   Dental Insurance                           607
   Life Insurance                               0
   Other Insurances                           147
   Retirement Plans                             0

 Post-Employment Benefits                  24,189
 Description of:
   Buyback of Sick Days               Must be retiring                      
   Buyback of Vac. Days               20 days max                           
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration             2,297
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days        5 days max                            
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                             BERGEN  -  NEW MILFORD BORO
 17. Salaries and Benefits of Certain District Employees

 Name                                   Ronald Stokes            
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        Buildings and Grounds         
 Base Annual Salary                      94,857
 FTE                                    1.0
 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                     240
   Annual Vacation Days                  22
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days                                 

 Benefits:
 Allowances                                 1,170
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                         1,774
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                             0
   Retirement Plans                             0

 Post-Employment Benefits                  23,695
 Description of:
   Buyback of Sick Days               Must be retiring                      
   Buyback of Vac. Days               22 days max                           
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration             3,952
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days        10 days max                           
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments