03/05/2008                                            BERGEN  -  NORWOOD BORO

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       568                      553                      564


      Pupils on Roll - Special Full-Time                      73                       73                       75

      Private School Placements                                1                        2


      Pupils Sent to Other Dists-Spec Ed Prog                  9                        9                       13
      Pupils Received                                          1
 


                                                       BERGEN - NORWOOD BORO

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                      47,230          164,127

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 7,119,914        7,474,160        7,594,400
      Tuition                                               10-1300                    14,550
      Interest Earned on Capital Reserve Funds              10-1XXX                     3,730              250              250
      Unrestricted Miscellaneous Revenues                   10-1XXX                    36,675           39,395            9,377
      SUBTOTAL                                                                      7,174,869        7,513,805        7,604,027

      Revenues from State Sources:                                         
      Transportation Aid                                    10-3120                    55,490           55,490
      Special Education Aid                                 10-3130                   457,301          457,301
      Stabilization Aid                                     10-3171                    61,099           61,099
      Extraordinary Aid                                     10-3131                    59,974                           136,723
      Consolidated Aid                                      10-3195                    42,770           42,770
      Additional Formula Aid                                10-3196                    18,500           37,555
      Other State Aids                                      10-3XXX                     5,202
      Categorical Special Education Aid                     10-3132                                                     349,425
      Categorical Security Aid                              10-3177                                                      45,843
      Adjustment Aid                                        10-3178                                                     150,880
      Categorical Transportation Aid                        10-3121                                                      56,475
      SUBTOTAL                                                                        700,336          654,215          739,346
      Actual Revenues (Over)/Under Expenditures                                      -245,289
      TOTAL OPERATING BUDGET                                                        7,629,916        8,215,250        8,507,500
      GRANTS AND ENTITLEMENTS

      Revenues from State Sources:                                         
      Other Restricted Entitlements                         20-32XX                   125,052          140,681          140,681
      TOTAL REVENUES FROM STATE SOURCES                                               125,052          140,681          140,681

      Revenues from Federal Sources:                                       
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              172,344          176,217          176,217
      TOTAL REVENUES FROM FEDERAL SOURCES                                             172,344          176,217          176,217
      TOTAL GRANTS AND ENTITLEMENTS                                                   297,396          316,898          316,898
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                     143,048          238,415
      Transfers from Other Funds                            40-5200                   238,414

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   428,632          358,664          265,883
      TOTAL REVENUES FROM LOCAL SOURCES                                               428,632          358,664          265,883
      TOTAL LOCAL REPAYMENT OF DEBT                                                   667,046          501,712          504,298
      Actual Revenues (Over)/Under Expenditures                                      -163,414
      TOTAL REPAYMENT OF DEBT                                                         503,632          501,712          504,298
      TOTAL REVENUES/SOURCES                                                        8,430,944        9,033,860        9,328,696
                                                       BERGEN - NORWOOD BORO

                                                   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          2,736,108        2,895,526        2,986,015
      Special Education                                     11-2XX-100-XXX            552,707          571,880          574,219
      Basic Skills/Remedial                                 11-230-100-XXX             53,834           56,430           63,535
      Bilingual Education                                   11-240-100-XXX             79,049           78,231           84,900
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             76,673           67,975           67,975
      Support Services:
      Tuition                                               11-000-100-XXX            610,756          593,504          673,052
      Attendance and Social Work Services                   11-000-211-XXX              8,712            9,062            9,510
      Health Services                                       11-000-213-XXX             89,175           90,145           94,289
      Students - Related & Extraordinary                    11-000-216,217             81,933           79,102           87,034
      Guidance                                              11-000-218-XXX             74,591           76,945           79,355
      Child Study Teams                                     11-000-219-XXX            278,591          297,550          303,245
      Improvement of Instructional Services                 11-000-221-XXX            101,024          122,845          124,193
      Educational Media Services - School Library           11-000-222-XXX             77,563           56,366           53,036
      Instructional Staff Training Services                 11-000-223-XXX             15,165           20,400           19,100
      General Administration                                11-000-230-XXX            313,286          332,875          339,274
      School Administration                                 11-000-240-XXX            216,665          241,259          244,986
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            206,988          217,476          227,882
      Operation and Maintenance of Plant Services           11-000-26X-XXX            683,364          853,922          920,518
      Student Transportation Services                       11-000-270-XXX            275,541          324,812          330,052
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          1,079,033        1,225,215        1,223,080
      Total Support Services Expenditures                                           4,112,387        4,541,478        4,728,606
      TOTAL GENERAL CURRENT EXPENSE                                                 7,610,758        8,211,520        8,505,250

      CAPITAL EXPENDITURES
      Interest Earned on Capital Reserve                    10-604                                         250              250
      Equipment                                             12-XXX-XXX-73X             19,158            3,480            2,000
      TOTAL CAPITAL EXPENDITURES                                                       19,158            3,730            2,250
      OPERATING BUDGET GRAND TOTAL                                                  7,629,916        8,215,250        8,507,500

      SPECIAL GRANTS AND ENTITLEMENTS
      Nonpublic Textbooks                                   20-XXX-XXX-XXX             13,339           12,911           12,911
      Other State Projects:
      Nonpublic Auxiliary Services                          20-XXX-XXX-XXX             44,576           52,621           52,621
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX             39,613           48,076           48,076
      Nonpublic Nursing Services                            20-XXX-XXX-XXX             17,746           17,833           17,833
      Nonpublic Technology Initiative                       20-XXX-XXX-XXX              9,560            9,240            9,240
      Other Special Projects                                20-XXX-XXX-XXX                218
      Total State Projects                                                            125,052          140,681          140,681
      Federal Projects:
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            172,344          176,217          176,217
      Total Federal Projects                                                          172,344          176,217          176,217
      TOTAL GRANTS AND ENTITLEMENTS                                                   297,396          316,898          316,898

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            503,632          501,712          504,298
      TOTAL REPAYMENT OF DEBT                                                         503,632          501,712          504,298
      Total Expenditures                                                            8,430,944        9,033,860        9,328,696

      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                                           8,430,944        9,033,860        9,328,696

                                                       BERGEN  -  NORWOOD BORO

                                          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                               229,207               314,202               266,972               102,845
        Repayment of Debt                                      218,049               381,463               238,415                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                      3,718                 7,449                 7,699                 7,949
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                       54,794               211,357               211,357               211,357
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                       BERGEN  -  NORWOOD BORO

                                               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                           10312           10452          11112          11650          11740
Total Classroom Instruction                                 6217            6434           6666           6934           6948
Classroom-Salaries and Benefits                             5712            6010           6285           6503           6549
Classroom-General Supplies and Textbooks                     430             404            348            368            337
Classroom-Purchased Services and Other                        76              21             33             63             62
Total Support Services                                      1302            1327           1326           1398           1395
Support Services-Salaries and Benefits                      1035            1062           1025           1079           1089
Total Administrative Costs                                  1409            1361           1400           1496           1496
Administration-Salaries and Benefits                        1083            1158           1190           1275           1290
Total Operations and Maintenance of Plant                   1257            1188           1598           1694           1776
Operations & Maintenance of Plant-Salary & Ben.              602             677            903            952           1031
Total Food Services Costs                                                                                    0              0
Total Extracurricular Costs                                  128             143            122            129            126
Total Equipment Costs                                         15              30              5              6              3
Employee Benefits as a % of Salaries                        21.6            22.8           24.3           24.6           23.5


 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.

                               BERGEN  -  NORWOOD BORO

Shared Services -- Description of Shared Services
_________________________________________________

  Transportation services/bidding                                          
  NVRHS Curriculum Center                                                  
  NVRHS / Region III Special Education Program                             

                               BERGEN  -  NORWOOD BORO

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        7,536,864 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 )           745,106,346 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           1.0115 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               7,861,411 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 )           745,106,346 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  1.0551 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        7,536,864 (G)
Estimated Equalized Valuation (as of 10/01/2007 )           1,512,806,085 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)