06/27/2008                                          GLOUCESTER  -  FRANKLIN TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                      1362                     1324                     1328


      Pupils on Roll - Special Full-Time                     163                      157                      163

      Private School Placements                                2                        6                        7

      Pupils Sent to Other Districts-Reg Prog                  2                        1
      Pupils Sent to Other Dists-Spec Ed Prog                 13                        8                        8
      Pupils Received                                         22                       28                        8
 


                                                     GLOUCESTER - FRANKLIN TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     529,488          165,045
      Transfers from Other Funds                            10-5200                    25,619            4,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 7,205,864        7,677,875        7,827,916
      Tuition                                               10-1300                   189,410           25,512           68,304
      Transportation Fees from Other LEAs                   10-1420-1440                9,734            9,734
      Interest Earned on Capital Reserve Funds              10-1XXX                        55               30               30
      Unrestricted Miscellaneous Revenues                   10-1XXX                   120,885           40,000           25,000
      SUBTOTAL                                                                      7,525,948        7,753,151        7,921,250

      Revenues from State Sources:                                         
      Core Curriculum Standards Aid                         10-3111                 4,729,819        4,729,819
      Supplemental Core Curriculum Standards Aid            10-3112                   187,134          187,134
      Transportation Aid                                    10-3120                   636,726          636,726
      Special Education Aid                                 10-3130                   986,373          986,373
      Extraordinary Aid                                     10-3131                    11,598                             3,847
      Consolidated Aid                                      10-3195                   152,730          152,730
      Additional Formula Aid                                10-3196                   206,843          419,891
      Other State Aids                                      10-3XXX                    12,125          160,500
      Categorical Special Education Aid                     10-3132                                                     685,263
      Equalization Aid                                      10-3176                                                   7,309,802
      Categorical Security Aid                              10-3177                                                     135,355
      Categorical Transportation Aid                        10-3121                                                     648,039
      SUBTOTAL                                                                      6,923,348        7,273,173        8,782,306

      Revenues from Federal Sources:                                       
      Medicaid Reimbursement                                10-4200                    11,850
      SUBTOTAL                                                                         11,850
      Adjustment for Prior Year Encumbrances                                                           320,121
      Actual Revenues (Over)/Under Expenditures                                      -307,806
      TOTAL OPERATING BUDGET                                                       14,178,959       15,879,933       16,868,601
      GRANTS AND ENTITLEMENTS

      Revenues from State Sources:                                         
      Demonstrably Effective Program Aid                    20-3212                   120,337          120,337
      Instructional Supplement Aid                          20-3214                    81,645           81,645
      TOTAL REVENUES FROM STATE SOURCES                                               201,982          201,982

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416              234,270          148,665          126,365
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              334,833          356,604          303,113
      Other                                                 20-4XXX                    77,728           99,766           84,800
      TOTAL REVENUES FROM FEDERAL SOURCES                                             646,831          605,035          514,278
      TOTAL GRANTS AND ENTITLEMENTS                                                   848,813          807,017          514,278
      REPAYMENT OF DEBT

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   187,724          208,073          200,005
      TOTAL REVENUES FROM LOCAL SOURCES                                               187,724          208,073          200,005

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   161,016
      TOTAL LOCAL REPAYMENT OF DEBT                                                   348,740          208,073          200,005
      TOTAL REPAYMENT OF DEBT                                                         348,740          208,073          200,005
      TOTAL REVENUES/SOURCES                                                       15,376,512       16,895,023       17,582,884
                                                     GLOUCESTER - FRANKLIN 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          4,400,034        4,768,908        5,296,706
      Special Education                                     11-2XX-100-XXX          1,241,379        1,292,592        1,409,410
      Basic Skills/Remedial                                 11-230-100-XXX            192,302          308,107          436,072
      Bilingual Education                                   11-240-100-XXX                 26              200              300
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             35,066           24,600           24,510
      Support Services:
      Tuition                                               11-000-100-XXX            340,270          319,356          373,773
      Attendance and Social Work Services                   11-000-211-XXX             12,107           12,422           12,862
      Health Services                                       11-000-213-XXX            212,597          226,532          225,837
      Students - Related & Extraordinary                    11-000-216,217            353,379          439,199          440,975
      Guidance                                              11-000-218-XXX              5,811           18,258           38,008
      Child Study Teams                                     11-000-219-XXX            438,846          466,109          476,955
      Improvement of Instructional Services                 11-000-221-XXX             48,618           65,821           68,383
      Educational Media Services - School Library           11-000-222-XXX            182,661          192,631          201,272
      Instructional Staff Training Services                 11-000-223-XXX             22,879           44,401           55,612
      General Administration                                11-000-230-XXX            388,134          433,929          492,728
      School Administration                                 11-000-240-XXX            535,865          610,994          571,933
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            344,190          382,023          350,629
      Operation and Maintenance of Plant Services           11-000-26X-XXX          1,690,995        1,947,741        1,856,204
      Student Transportation Services                       11-000-270-XXX          1,021,303        1,073,429        1,357,585
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          2,623,539        2,857,626        2,938,513
      Food Services                                         11-000-310-XXX                              20,000           20,304
      Total Support Services Expenditures                                           8,221,194        9,110,471        9,481,573
      TOTAL GENERAL CURRENT EXPENSE                                                14,090,001       15,504,878       16,648,571

      CAPITAL EXPENDITURES
      Interest Earned on Capital Reserve                    10-604                                          30               30
      Equipment                                             12-XXX-XXX-73X             88,958          375,025          220,000
      TOTAL CAPITAL EXPENDITURES                                                       88,958          375,055          220,030
      OPERATING BUDGET GRAND TOTAL                                                 14,178,959       15,879,933       16,868,601

      SPECIAL GRANTS AND ENTITLEMENTS
      Instruction                                           20-212-100-XXX            103,337          120,337
      Demonstrably Effective Program Aid:
      Support Services                                      20-212-200-XXX             17,000
      TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID                                        120,337          120,337
      Instructional Supplement Aid:
      Instruction                                           20-214-100-XXX             81,645           81,645
      TOTAL INSTRUCTIONAL SUPPLEMENT AID                                               81,645           81,645
      Total State Projects                                                            201,982          201,982
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX            234,270          148,665          126,365
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            334,833          356,604          303,113
      Other Special Projects                                20-XXX-XXX-XXX             77,728           99,766           84,800
      Total Federal Projects                                                          646,831          605,035          514,278
      TOTAL GRANTS AND ENTITLEMENTS                                                   848,813          807,017          514,278

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            348,740          208,073          200,005
      TOTAL REPAYMENT OF DEBT                                                         348,740          208,073          200,005
      Total Expenditures                                                           15,376,512       16,895,023       17,582,884

      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                                          15,376,512       16,895,023       17,582,884

                                                     GLOUCESTER  -  FRANKLIN 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                               481,361               398,105               283,593               283,593
        Repayment of Debt                                            0                     0                     0                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                      1,826                 1,881                 1,911                 1,941
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                      415,859               580,021               165,045                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                     GLOUCESTER  -  FRANKLIN 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                            8181            8396           8905           9665          10005
Total Classroom Instruction                                 4863            4938           5287           5612           6014
Classroom-Salaries and Benefits                             4573            4614           4920           5212           5541
Classroom-General Supplies and Textbooks                     236             240            307            328            352
Classroom-Purchased Services and Other                        55              85             60             72            121
Total Support Services                                      1050            1056           1136           1239           1269
Support Services-Salaries and Benefits                       963             968           1035           1109           1130
Total Administrative Costs                                   994            1011            996           1156           1133
Administration-Salaries and Benefits                         818             842            773            854            831
Total Operations and Maintenance of Plant                   1144            1244           1329           1479           1409
Operations & Maintenance of Plant-Salary & Ben.              668             653            691            729            743
Total Food Services Costs                                      2               0             13             14             14
Total Extracurricular Costs                                   15              25             18             19             18
Total Equipment Costs                                        194              58            113            253            148
Employee Benefits as a % of Salaries                        27.7            28.7           30.6           29.1           28.3


 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.

                             GLOUCESTER  -  FRANKLIN TWP

Shared Services -- Description of Shared Services
_________________________________________________

  1)  Interlocal services agreement with Delsea Regional for Technology    
      Services                                                             
  2)  Interlocal services agreement with Salem County Special Services for 
      Clerk of the Works Services                                          
  3)  Interlocal services agreement with Clayton School District for repair
      and maintenance of their bus fleet                                   
  4)  Transportation Jointures with Delsea Regional and Gloucester County  
      Special Services School Districts                                    
  5)  Diesel fuel purchases made through Gloucester County purchasing      
      agreement                                                            
  6)  Gasoline purchases made through Gloucester Coutny purchasing agree-  
      ment                                                                 
  7)  Custodial and Janitorial supplies purchased through a consortium with
      Delsea Regional                                                      
  8)  Natural Gas - ACES                                                   
  9)  Electric - ACES                                                      
  10) Copy paper purchased through interlocal agreement with Pittsgrove    
      Township Board of Education                                          
  11) Copy paper purchased through interlocal agreement with Pittsgrove    
      Township Board of Education for use by the Township of Franklin at   
      the reduced price without any mark-up                                
  12) Mater Teacher contract with Delsea Regional                          
  13) Insurances - General liability and Worker's Compensation are purch-  
      ased through New Jersey School Boards Insurance Group                
  14) Franklin Township police car maintenance - free labor                
  15) Solid waste collection and disposal                                  
  16) Recyclable material collection and disposal                          
  17) Ice control material storage and application, when needed            
  18) DARE officers                                                        
  19) Athletic field and gymnasiums for youth recreation organization      
  20) Grounds behind Admin Building for Franklin Township Community Day    
                                                                           
                                                                           
                                                                           
                                                                           
                                                                           
                                                                           
                                                                           
                                                                           
                                                                           

                             GLOUCESTER  -  FRANKLIN TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        7,752,896 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 )           755,794,876 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           1.0258 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               7,956,935 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 )           755,794,876 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  1.0528 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        7,752,896 (G)
Estimated Equalized Valuation (as of 10/01/2007 )           1,453,303,993 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.5335 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               7,956,935 (J)
Estimated Equalized Valuation (as of 10/01/2007 )           1,453,303,993 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.5475 (L)