03/25/2008                                         WARREN  -  PHILLIPSBURG TOWN

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                      3046                     3215                     3300


      Pupils on Roll - Special Full-Time                     678                      502                      500

      Private School Placements                               20                       21                       22
      Pupils Sent to Contracted Preschool Prog               159                      162                      165

      Pupils Sent to Other Dists-Spec Ed Prog                 25                       21                       23
      Pupils Received                                        903                      919                      915
      Pupils in State Facilities                              22                       15                       15
 


                                                    WARREN - PHILLIPSBURG TOWN

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                   2,200,000
      Transfers from Other Funds                            10-5200                  -388,009

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 6,241,166        6,512,706        7,008,722
      Tuition                                               10-1300                 7,315,747        7,010,770        6,537,921
      Unrestricted Miscellaneous Revenues                   10-1XXX                   424,244          250,000          325,000
      SUBTOTAL                                                                     13,981,157       13,773,476       13,871,643

      Revenues from State Sources:                                         
      Core Curriculum Standards Aid                         10-3111                12,984,654       12,984,654
      Supplemental Core Curriculum Standards Aid            10-3112                   333,641          333,641
      Education Opportunity Aid                             10-3117                19,122,021       19,736,964
      Discretionary Education Opportunity Aid               10-3118                   667,090        1,111,582
      Transportation Aid                                    10-3120                   343,874          343,874
      Special Education Aid                                 10-3130                 2,299,401        2,299,401
      Bilingual Education                                   10-3140                    70,996           70,996
      Extraordinary Aid                                     10-3131                    24,799                            29,102
      Consolidated Aid                                      10-3195                   292,733          292,733
      Other State Aids                                      10-3XXX                     3,444           30,000
      Categorical Special Education Aid                     10-3132                                                   1,331,160
      Equalization Aid                                      10-3176                                                  25,156,801
      Categorical Security Aid                              10-3177                                                     667,369
      Adjustment Aid                                        10-3178                                                  10,559,996
      Categorical Transportation Aid                        10-3121                                                     148,209
      SUBTOTAL                                                                     36,142,653       37,203,845       37,892,637

      Revenues from Federal Sources:                                       
      IMPACT Aid                                            10-4100                    27,912           15,000           15,000
      Medicaid Reimbursement                                10-4200                   161,413          160,000          150,000
      SUBTOTAL                                                                        189,325          175,000          165,000
      Adjustment for Prior Year Encumbrances                                                           693,017
      Actual Revenues (Over)/Under Expenditures                                      -207,697
      TOTAL OPERATING BUDGET                                                       49,717,429       54,045,338       51,929,280
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                    37,309

      Revenues from State Sources:                                         
      Early Childhood Program Aid - Pr Year Carryover       20-3211                   388,009           70,000          117,363
      Early Childhood Program Aid                           20-3211                 3,319,524        1,743,911
      Demonstrably Effective Program Aid                    20-3212                   718,939          718,939
      Preschool Education Aid                               20-3218                                                   4,635,859
      Preschool Expansion Aid                               20-3215                                  1,916,221
      Other Restricted Entitlements                         20-32XX                   679,476          595,129          595,129
      TOTAL REVENUES FROM STATE SOURCES                                             5,105,948        5,044,200        5,348,351

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416            1,220,759          940,063          940,063
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              779,016          760,036          760,036
      Vocational Education                                  20-4430                    40,010           50,358           50,358
      Private Industry Council (JTPA)                       20-4700                    51,165           90,000           90,000
      Other                                                 20-4XXX                   659,271          266,113          266,113
      TOTAL REVENUES FROM FEDERAL SOURCES                                           2,750,221        2,106,570        2,106,570
      Transfers from Operating Budget-PreK/K                20-5200                                    765,034
      TOTAL GRANTS AND ENTITLEMENTS                                                 7,893,478        7,915,804        7,454,921
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                      11,690

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                    91,488          102,007          114,863
      Miscellaneous                                         40-1XXX                     5,130
      TOTAL REVENUES FROM LOCAL SOURCES                                                96,618          102,007          114,863

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   126,575          148,428          149,950
      TOTAL LOCAL REPAYMENT OF DEBT                                                   223,193          262,125          264,813
      Actual Revenues (Over)/Under Expenditures                                        35,834
      TOTAL REPAYMENT OF DEBT                                                         259,027          262,125          264,813
      TOTAL REVENUES/SOURCES                                                       57,869,934       62,223,267       59,649,014

      DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
      Transfers from Operating Budget-PreK/K                20-5200                                    765,034

      TOTAL REVENUES/SOURCES NET OF TRANSFERS
                                                                                   57,869,934       61,458,233       59,649,014
                                                    WARREN - PHILLIPSBURG TOWN

                                                   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          1,966,715        2,681,464          675,982
      Special Education                                     11-2XX-100-XXX            462,749          462,645          321,737
      Bilingual Education                                   11-240-100-XXX             99,230          110,198            4,460
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX              1,466            1,500            1,544
      School Sponsored Athletics                            11-402-100-XXX            382,368          458,715          447,691
      Community Services Programs/Operations                11-800-330-XXX              7,602            7,800
      Support Services:
      Tuition                                               11-000-100-XXX          1,794,860        2,119,640        2,162,725
      Attendance and Social Work Services                   11-000-211-XXX             52,044           39,516            6,822
      Health Services                                       11-000-213-XXX            148,159          127,252           57,134
      Students - Related & Extraordinary                    11-000-216,217            463,013          490,507          535,678
      Guidance                                              11-000-218-XXX             66,365           87,693           85,459
      Child Study Teams                                     11-000-219-XXX            901,347          904,308          947,731
      Improvement of Instructional Services                 11-000-221-XXX          1,321,429        1,408,642        1,458,219
      Educational Media Services - School Library           11-000-222-XXX            208,965          192,939          124,521
      Instructional Staff Training Services                 11-000-223-XXX              4,497           14,300            9,440
      General Administration                                11-000-230-XXX          1,369,316        1,662,541        1,381,220
      School Administration                                 11-000-240-XXX            152,819          138,702           23,032
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            757,502          840,622          901,597
      Operation and Maintenance of Plant Services           11-000-26X-XXX          4,975,312        4,947,599        5,234,690
      Student Transportation Services                       11-000-270-XXX          1,498,852        1,427,460        1,393,187
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          2,028,058        2,809,204        3,538,513
      Total Support Services Expenditures                                          15,742,538       17,210,925       17,859,968
      TOTAL GENERAL CURRENT EXPENSE                                                18,662,668       20,933,247       19,311,382

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X             59,536           66,889           84,900
      Facilities Acquisition and Construction Services      12-000-4XX-XXX             92,259          229,262          220,000
      TOTAL CAPITAL EXPENDITURES                                                      151,795          296,151          304,900
      Transfer of Funds to Charter Schools                  10-000-100-56X             15,852           17,137           30,005
      General Fund Contribution to SBB                      10-000-520-930         30,887,114       32,798,803       32,282,993
      OPERATING BUDGET GRAND TOTAL                                                 49,717,429       54,045,338       51,929,280

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX             37,309
      Early Childhood Program Aid:
      Instruction                                           20-211-100-XXX          1,428,017        1,622,721        1,596,403
      Support Services                                      20-211-200-XXX          2,279,516        2,872,445        3,156,819
      TOTAL EARLY CHILDHOOD PROGRAM AID                                             3,707,533        4,495,166        4,753,222
      Other State Projects:
      Nonpublic Textbooks                                   20-XXX-XXX-XXX             15,627           12,687           12,687
      Nonpublic Auxiliary Services                          20-XXX-XXX-XXX                              36,555           36,555
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX              9,196           13,056           13,056
      Nonpublic Nursing Services                            20-XXX-XXX-XXX             20,790           17,524           17,524
      Nonpublic Technology Initiative                       20-XXX-XXX-XXX             11,200            9,080            9,080
      Other Special Projects                                20-XXX-XXX-XXX            622,663          506,227          506,227
      Total State Projects                                                          4,387,009        5,090,295        5,348,351
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX          1,220,759          296,977          340,139
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            779,016          760,036          760,036
      Vocational Education                                  20-XXX-XXX-XXX             40,010           50,358           50,358
      Private Industry Council (JTPA)                       20-XXX-XXX-XXX             51,165           90,000           90,000
      Other Special Projects                                20-XXX-XXX-XXX            659,271          266,113          266,113
      Total Federal Projects                                                        2,750,221        1,463,484        1,506,646
      Grant & Entitlements Cont to SBB                      20-XXX-XXX-930            718,939        1,362,025          599,924
      TOTAL GRANTS AND ENTITLEMENTS                                                 7,893,478        7,915,804        7,454,921

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            259,027          262,125          264,813
      TOTAL REPAYMENT OF DEBT                                                         259,027          262,125          264,813
      Total Expenditures                                                           57,869,934       62,223,267       59,649,014

      DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
      Local Contrib-Transfer to Grants & Entitlements       11-1XX-100-930                             765,034
      Capital Reserve - Transfer to Repayment of Debt       12-000-400-933

      TOTAL EXPENDITURES NET OF TRANSFERS                                          57,869,934       61,458,233       59,649,014

                                                    WARREN  -  PHILLIPSBURG TOWN

                                          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                             2,682,429             2,390,372               290,372               290,372
        Repayment of Debt                                       45,438                 9,604                     0                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                          0                     0                     0                     0
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                            0                     0                     0                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                    WARREN  -  PHILLIPSBURG TOWN

                                               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                           13856           14045          13611          14400          13585
Total Classroom Instruction                                 8008            8228           8281           8702           8034
Classroom-Salaries and Benefits                             7667            7947           7952           8360           7761
Classroom-General Supplies and Textbooks                     259             199            236            240            186
Classroom-Purchased Services and Other                        83              83             94            103             88
Total Support Services                                      2670            2497           2148           2246           2141
Support Services-Salaries and Benefits                      2165            1990           1969           2047           1951
Total Administrative Costs                                  1312            1352           1318           1484           1364
Administration-Salaries and Benefits                         946            1019           1000           1115           1054
Total Operations and Maintenance of Plant                   1544            1638           1513           1612           1725
Operations & Maintenance of Plant-Salary & Ben.              943             998            885            943           1000
Total Food Services Costs                                                                                    0              0
Total Extracurricular Costs                                  302             300            324            344            309
Total Equipment Costs                                         61              16             15             23             22
Employee Benefits as a % of Salaries                        23.5            24.6           25.4           26.5           32.0


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 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.
 2005-06 actual, 2006-07 actual, 2007-08 original, 2007-08 revised, and 2008-09 amounts include a total of $ 0, 
 $0,  $166,  $173, and $ 158 per pupil, respectively, in federal and state funds in the blended resource
 school-based budgets.

                                                    WARREN  -  PHILLIPSBURG TOWN

                Unusual Revenues and Appropriations
                ___________________________________

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



Total Unusual Revenues: 
                                   0                   Total Unusual Appropriations:               0

                            WARREN  -  PHILLIPSBURG TOWN

Shared Services -- Description of Shared Services
_________________________________________________

  The district shares many services with the Town of Phillipsburg, as well 
  as with the local non-public school, Sts. Philip and James, and with our 
  cluster school districts. The shared services with the Town of Phillips- 
  burg include the following:                                              
  Maintaining the town's municipal building's exterior doors; the district 
  has done numerous carpentry jobs; we have installed energy efficient     
  lights in the town's buildings; we make electrical repairs whe needed;   
  we installed a new electric service in the town garage; the school       
  district salts the town's small alleys in the winter and sometimes       
  plows them when we are asked for help; we provide paint for the exterior 
  buildings at the town's Walters Park; the district changes light bulbs at
  the town's Senior Center; the district repairs doors, heating units, and 
  electrical repairs at the town's youth center. The town picks up garbage 
  at all of our schools daily when school is in session; the town          
  provides the school district with salt in the winter for our parking     
  lots; the town helps us when needed to clear snow from our school lots;  
  the town picks up and chips tree branches from our school sites when we  
  have storm damage; the town provides heavy equipment and an operator when
  needed for school projects such as replacing broken water pipes on       
  school property and digging trenches for new projects. We have had an    
  inter-local agreement to purchase gasoline and motor oil for the past    
  13 years with the town. By combining our purchases we are able to obtain 
  a bulk discount for the purchase of gasoline and motor oil.              
  We provide the town with internet access; we host the town's e-mail and  
  website; we assist the town and provide a technician for the town's      
  "Movies in the Park", a summer activity fo Phillipsburg area residents.  
  The district has cut the grass and lined two athletic fields at the Sts. 
  Philip and James site. In return, Sts. Philip and James allows the       
  district use of two soccer fields.                                       
  We also assist Sts. Philip and James School in the area of technology.   
  The district has used athletic fields in Alpha, Lopatcong Township, and  
  Pohatcong Township for several years.                                    
  In return, the district has provided infield mix and helped maintain the 
  fields in these municipalities.                                          
  Our maintenance staff has also installed fences at various fields in the 
  Borough of Alpha.                                                        
  The district has also loaned grounds equipment, including a slit seeder  
  for athletic fields to the Township of Lopatcong.                        
  The district has also purchased copy paper in bulk with our five cluster 
  districts & Hackettstown School District to take advantage of discounts. 

                            WARREN  -  PHILLIPSBURG TOWN

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        7,008,722 (A)
Estimated Net Taxable Valuation (as of 03/01/2008 )           557,308,293 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           1.2576 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               7,123,585 (D)
Estimated Net Taxable Valuation (as of 03/01/2008 )           557,308,293 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  1.2782 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        7,008,722 (G)
Estimated Equalized Valuation (as of 10/01/2007 )           1,039,925,069 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.6740 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               7,123,585 (J)
Estimated Equalized Valuation (as of 10/01/2007 )           1,039,925,069 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.6850 (L)