03/23/2009                                          MIDDLESEX  -  CRANBURY TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2007         October 15, 2008         October 15, 2009
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       560                      541                      525


      Pupils on Roll - Special Full-Time                      72                       66                       63

      Private School Placements                                9                        8                       11

      Pupils Sent to Other Districts-Reg Prog                212                      233                      242
      Pupils Sent to Other Dists-Spec Ed Prog                 33                       36                       41
 


                                                     MIDDLESEX - CRANBURY TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2007-08          2008-09          2009-10
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     417,422          396,197
      Withdrawal from Cap Res-for Local Share               10-307                                                      650,000
      Withdrawal from Tuition Reserve-for Tuition adj.      10-311                                     100,000          200,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                14,630,991       15,216,230       15,465,852
      Interest Earned on Capital Reserve Funds              10-1XXX                                                       2,000
      Unrestricted Miscellaneous Revenues                   10-1XXX                   106,427           29,751          106,000
      SUBTOTAL                                                                     14,737,418       15,245,981       15,573,852

      Revenues from State Sources:                                         
      Transportation Aid                                    10-3120                   114,025
      Special Education Aid                                 10-3130                   461,991
      Bilingual Education                                   10-3140                    10,476
      Extraordinary Aid                                     10-3131                    15,938           66,743           36,743
      Consolidated Aid                                      10-3195                    43,345
      Additional Formula Aid                                10-3196                    40,091
      Other State Aids                                      10-3XXX                    73,562
      Categorical Special Education Aid                     10-3132                                    460,786          381,573
      Categorical Security Aid                              10-3177                                     64,492           65,712
      Categorical Transportation Aid                        10-3121                                    243,764          321,757
      SUBTOTAL                                                                        759,428          835,785          805,785
      Adjustment for Prior Year Encumbrances                                                            73,170
      Actual Revenues (Over)/Under Expenditures                                      -905,305
      TOTAL OPERATING BUDGET                                                       14,591,541       16,672,358       17,625,834
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                                      6,010            5,390

      Revenues from State Sources:                                         
      Other Restricted Entitlements                         20-32XX                    10,056            6,104            4,800
      TOTAL REVENUES FROM STATE SOURCES                                                10,056            6,104            4,800

      Revenues from Federal Sources:                                       
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              162,274          160,478          132,542
      Other                                                 20-4XXX                    19,809
      TOTAL REVENUES FROM FEDERAL SOURCES                                             182,083          160,478          132,542
      TOTAL GRANTS AND ENTITLEMENTS                                                   192,139          172,592          142,732
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                                            7

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   880,459          908,461          910,819
      TOTAL REVENUES FROM LOCAL SOURCES                                               880,459          908,461          910,819
      TOTAL LOCAL REPAYMENT OF DEBT                                                   880,459          908,461          910,826
      Actual Revenues (Over)/Under Expenditures                                        29,775
      TOTAL REPAYMENT OF DEBT                                                         910,234          908,461          910,826
      TOTAL REVENUES/SOURCES                                                       15,693,914       17,753,411       18,679,392
                                                     MIDDLESEX - CRANBURY TWP

                                                   Advertised Appropriations

                Budget Category                                Account          2007-08          2008-09         2009-10 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX          4,023,152        4,046,104        4,101,250
      Special Education                                     11-2XX-100-XXX            622,270          694,176          742,109
      Basic Skills/Remedial                                 11-230-100-XXX            142,084          148,208          199,245
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             53,548           59,416           59,017
      School Sponsored Athletics                            11-402-100-XXX             83,133           97,338          100,980
      Support Services:
      Tuition                                               11-000-100-XXX          4,269,421        5,189,288        5,571,578
      Health Services                                       11-000-213-XXX            290,569          218,835          267,463
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            215,217          250,215          191,845
      Guidance                                              11-000-218-XXX             81,528           81,129           96,293
      Child Study Teams                                     11-000-219-XXX            303,570          298,395          425,143
      Improvement of Instructional Services                 11-000-221-XXX             84,090           97,865          103,583
      Educational Media Services - School Library           11-000-222-XXX             52,910           89,568           98,489
      Instructional Staff Training Services                 11-000-223-XXX             38,040           24,000           24,000
      General Administration                                11-000-230-XXX            314,115          330,520          334,245
      School Administration                                 11-000-240-XXX            225,175          219,378          220,116
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            297,613          298,806          241,906
      Operation and Maintenance of Plant Services           11-000-26X-XXX          1,176,410        1,247,805        1,325,344
      Student Transportation Services                       11-000-270-XXX            801,270          912,628          965,356
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          1,412,500        1,992,476        1,905,872
      Total Support Services Expenditures                                           9,562,428       11,250,908       11,771,233
      TOTAL GENERAL CURRENT EXPENSE                                                14,486,615       16,296,150       16,973,834

      CAPITAL EXPENDITURES
      Interest Earned on Capital Reserve                    10-604                                                        2,000
      Equipment                                             12-XXX-XXX-73X             56,649           12,786            2,000
      Facilities Acquisition and Construction Services      12-000-4XX-XXX             48,277          363,422          648,000
      TOTAL CAPITAL EXPENDITURES                                                      104,926          376,208          652,000
      OPERATING BUDGET GRAND TOTAL                                                 14,591,541       16,672,358       17,625,834

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX                               6,010            5,390
      Other State Projects:
      Nonpublic Textbooks                                   20-XXX-XXX-XXX              1,956            2,002            2,000
      Nonpublic Auxiliary Services                          20-XXX-XXX-XXX                               1,400            1,400
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX                 85
      Nonpublic Nursing Services                            20-XXX-XXX-XXX              2,702            2,702            1,400
      Nonpublic Technology Initiative                       20-XXX-XXX-XXX              1,313
      Other Special Projects                                20-XXX-XXX-XXX              4,000
      Total State Projects                                                             10,056            6,104            4,800
      Federal Projects:
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            162,274          160,478          132,542
      Other Special Projects                                20-XXX-XXX-XXX             19,809
      Total Federal Projects                                                          182,083          160,478          132,542
      TOTAL GRANTS AND ENTITLEMENTS                                                   192,139          172,592          142,732

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            910,234          908,461          910,826
      TOTAL REPAYMENT OF DEBT                                                         910,234          908,461          910,826
      Total Expenditures                                                           15,693,914       17,753,411       18,679,392

      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                                          15,693,914       17,753,411       18,679,392

                                                     MIDDLESEX  -  CRANBURY TWP

                                          Advertised Recapitulation of Balance

                                                              Audited               Audited              Estimated             Estimated
                                                              Balance               Balance               Balance               Balance
      Budget Category                                        6/30/2007             6/30/2008             6/30/2009             6/30/2010

      Unreserved:
        General Operating Budget                               471,741               737,378               449,956               321,956
        Repayment of Debt                                       29,782                     7                     7                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                     18,160             1,018,705             1,018,705               370,705
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                      363,422               268,197               268,197                     0
            Tuition Reserve                                    500,000               800,000               700,000               500,000
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                     MIDDLESEX  -  CRANBURY TWP

                                               Advertised Per Pupil Cost Calculations

                                                     2009 - 2010

                                                    2006-07        2007-08           2008-09       2008-09       2009-2010
                                                     Actual         Actual           Original      Revised       Proposed
                                                                                      Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            (2)              (3)           (4)            (5)

Total Comparative Per Pupil Cost                           13999           14798          15902          16794          17750
Total Classroom Instruction                                 6979            9029           9734          10270          10774
Classroom-Salaries and Benefits                             6185            7826           8715           9193           9785
Classroom-General Supplies and Textbooks                     594             994            820            866            760
Classroom-Purchased Services and Other                       200             209            200            211            230
Total Support Services                                      3566            1961           2083           2205           2536
Support Services-Salaries and Benefits                      3372            1487           1797           1904           2154
Total Administrative Costs                                  1225            1555           1643           1738           1652
Administration-Salaries and Benefits                         947            1249           1330           1407           1327
Total Operations and Maintenance of Plant                   1942            1985           2117           2237           2439
Operations & Maintenance of Plant-Salary & Ben.              528             710            709            750            825
Total Food Services Costs                                     87               0              0              0              0
Total Extracurricular Costs                                  200             249            295            312            326
Total Equipment Costs                                        109              89              0             21              3
Employee Benefits as a % of Salaries                        26.0            23.8           31.5           31.8           29.0


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2009 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 2008-09 revised appropriations and 2009-10 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.

                                                     MIDDLESEX  -  CRANBURY TWP

                Unusual Revenues and Appropriations
                ___________________________________

Line Number   Revenue Source or               09-10 Amount           Description of circumstances
                Approp. Due to    



Total Unusual Revenues: 
                                   0                   Total Unusual Appropriations:               0

                             MIDDLESEX  -  CRANBURY TWP

Shared Services -- Description of Shared Services
_________________________________________________

  The Cranbury Township School District shares its school library space wit
  h the municipal libary.  Recreational and sports team access the district
  's facility at a high level. The Cranbury School is partnered with the   
   Middlesex Educational Commission in a corsortium to provide natural gas 
  and electrictiy as well as special education and non-public education tra
  nsportation.  The district purchasing paper through a purchasing jointure
  with Pittsgrove Board of Education.                                      

                             MIDDLESEX  -  CRANBURY TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 09-10 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       15,341,041 (A)
Estimated Net Taxable Valuation (as of 02/18/2009 )         1,786,757,163 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)X100           0.8586 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              16,250,681 (D)
Estimated Net Taxable Valuation (as of 02/18/2009 )         1,786,757,163 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)X100                  0.9095 (F)


B. Estimated 09-10 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       15,341,041 (G)
Estimated Equalized Valuation (as of 02/18/2009 )           1,786,757,163 (H)
Estimated 09-10 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.8586 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              16,250,681 (J)
Estimated Equalized Valuation (as of 02/18/2009 )           1,786,757,163 (K)
Estimated 09-10 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.9095 (L)

                             MIDDLESEX  -  CRANBURY TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   John Haney               
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     133,120
 FTE                                    1              
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract             /  /    
   Ending Date of Contract                /  /    
   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                                 1,000
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                             750
   Other Insurances                           500
   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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                             MIDDLESEX  -  CRANBURY TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Joyce Picariello         
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                     109,150
 FTE                                    1              
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract             /  /    
   Ending Date of Contract                /  /    
   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                                 1,000
 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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                             MIDDLESEX  -  CRANBURY TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Michele Waldron          
 Job Title                              Other                         
                                                                      
 Base Annual Salary                      93,000
 FTE                                    1              
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract             /  /    
   Ending Date of Contract                /  /    
   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                                 1,000
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                           500
   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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                             MIDDLESEX  -  CRANBURY TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Linda Penney             
 Job Title                              Other                         
                                                                      
 Base Annual Salary                      85,176
 FTE                                    .75            
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract             /  /    
   Ending Date of Contract                /  /    
   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                                 1,000
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                           500
   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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                             MIDDLESEX  -  CRANBURY TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Isabelle Perry           
 Job Title                              Other                         
                                                                      
 Base Annual Salary                     104,220
 FTE                                    1              
 Shared with Another District?          N
 Contract Terms:
   Beginning Date of Contract             /  /    
   Ending Date of Contract                /  /    
   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