12/21/2009                                          HUDSON  -  EAST NEWARK BORO

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2007         October 15, 2008         October 15, 2009
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       206                      239                      242


      Pupils on Roll - Special Full-Time                      17                       19                       23
      Pupils on Roll - Special Shared-Time                     4
      Private School Placements                                4                        3                        3

      Pupils Sent to Other Districts-Reg Prog                102                       91                      110
      Pupils Sent to Other Dists-Spec Ed Prog                 18                       22                       13
 


                                                     HUDSON - EAST NEWARK BORO

                                                      Advertised Revenues

      Budget Category                                        Account             2007-08          2008-09          2009-10
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     358,114          138,771

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 1,175,758        1,175,758        1,175,758
      Interest Earned on Capital Reserve Funds              10-1XXX                    34,273            7,500           10,000
      Unrestricted Miscellaneous Revenues                   10-1XXX                    63,320           10,000           10,000
      SUBTOTAL                                                                      1,273,351        1,193,258        1,195,758

      Revenues from State Sources:                                         
      Core Curriculum Standards Aid                         10-3111                 1,757,203
      Transportation Aid                                    10-3120                    13,055
      Special Education Aid                                 10-3130                   243,668
      Bilingual Education                                   10-3140                    35,022
      Extraordinary Aid                                     10-3131                    32,698           37,621
      Consolidated Aid                                      10-3195                    41,145
      Additional Formula Aid                                10-3196                   145,768
      Other State Aids                                      10-3XXX                    85,970           89,499
      Categorical Special Education Aid                     10-3132                                    176,917          198,978
      Equalization Aid                                      10-3176                                  2,863,960        2,967,812
      Categorical Security Aid                              10-3177                                     67,705           97,478
      Categorical Transportation Aid                        10-3121                                     29,054           30,250
      SUBTOTAL                                                                      2,354,529        3,264,756        3,294,518
      Adjustment for Prior Year Encumbrances                                                            49,255
      Actual Revenues (Over)/Under Expenditures                                        52,235
      TOTAL OPERATING BUDGET                                                        3,680,115        4,865,383        4,629,047
      GRANTS AND ENTITLEMENTS

      Revenues from State Sources:                                         
      Early Childhood Program Aid - Pr Year Carryover       20-3211                                     38,524
      Early Childhood Program Aid                           20-3211                   204,822
      Demonstrably Effective Program Aid                    20-3212                    92,710
      Preschool Education Aid                               20-3218                                     69,419           71,748
      Other Restricted Entitlements                         20-32XX                    68,458
      TOTAL REVENUES FROM STATE SOURCES                                               365,990          107,943           71,748

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416              150,494          118,388          118,388
      I.D.E.A. Part B (Handicapped)                         20-4420-4429               71,709           70,596           70,596
      Other                                                 20-4XXX                    40,014           26,207           26,207
      TOTAL REVENUES FROM FEDERAL SOURCES                                             262,217          215,191          215,191
      TOTAL GRANTS AND ENTITLEMENTS                                                   628,207          323,134          286,939
      TOTAL REVENUES/SOURCES                                                        4,308,322        5,188,517        4,915,986
                                                     HUDSON - EAST NEWARK BORO

                                                   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            608,323        1,029,840          995,641
      Special Education                                     11-2XX-100-XXX             41,125           59,618           61,110
      Basic Skills/Remedial                                 11-230-100-XXX                480            6,000            3,000
      Bilingual Education                                   11-240-100-XXX             73,308           47,680           78,500
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX              5,689            8,500            8,500
      School Sponsored Athletics                            11-402-100-XXX                103            4,300            4,000
      Support Services:
      Tuition                                               11-000-100-XXX          1,741,032        1,916,516        1,876,940
      Attendance and Social Work Services                   11-000-211-XXX             15,253           16,952           17,588
      Health Services                                       11-000-213-XXX             57,163           59,118           61,950
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217             25,300           12,792           13,271
      Guidance                                              11-000-218-XXX                               7,000            9,000
      Child Study Teams                                     11-000-219-XXX            130,499          131,301          135,000
      Educational Media Services - School Library           11-000-222-XXX              1,281            1,500            1,500
      Instructional Staff Training Services                 11-000-223-XXX              1,476            5,000            3,000
      General Administration                                11-000-230-XXX            201,653          218,642          189,700
      School Administration                                 11-000-240-XXX             45,981           45,000           48,000
      Central Svcs & Admin Info Technology                  11-000-25X-XXX             64,305           43,680           50,000
      Operation and Maintenance of Plant Services           11-000-26X-XXX            206,786          231,831          278,000
      Student Transportation Services                       11-000-270-XXX             97,705          133,600          113,600
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX            362,653          479,013          513,865
      Total Support Services Expenditures                                           2,951,087        3,301,945        3,311,414
      TOTAL GENERAL CURRENT EXPENSE                                                 3,680,115        4,457,883        4,462,165

      CAPITAL EXPENDITURES
      Deposit to Capital Reserve                            10-604                                     200,000
      Interest Earned on Capital Reserve                    10-604                                       7,500           10,000
      Equipment                                             12-XXX-XXX-73X                                              156,882
      Facilities Acquisition and Construction Services      12-000-4XX-XXX                             200,000
      TOTAL CAPITAL EXPENDITURES                                                                       407,500          166,882
      OPERATING BUDGET GRAND TOTAL                                                  3,680,115        4,865,383        4,629,047

      SPECIAL GRANTS AND ENTITLEMENTS
      Instruction                                           20-218-100-XXX            104,158           57,561           71,748
      Preschool Education Aid:
      Support Services                                      20-218-200-XXX            100,664           50,382
      TOTAL PRESCHOOL EDUCATION AID                                                   204,822          107,943           71,748
      Demonstrably Effective Program Aid:
      Instruction                                           20-212-100-XXX             83,410
      Support Services                                      20-212-200-XXX              9,300
      TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID                                         92,710
      Other State Projects:
      Instruction                                           20-217-100-XXX             68,458
      TOTAL TARA USED TO SUPPORT PROGRAMS                                              68,458
      Total State Projects                                                            365,990          107,943           71,748
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX            150,494          118,388          118,388
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX             71,709           70,596           70,596
      Other Special Projects                                20-XXX-XXX-XXX             40,014           26,207           26,207
      Total Federal Projects                                                          262,217          215,191          215,191
      TOTAL GRANTS AND ENTITLEMENTS                                                   628,207          323,134          286,939
      Total Expenditures                                                            4,308,322        5,188,517        4,915,986

      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                                           4,308,322        5,188,517        4,915,986

                                                     HUDSON  -  EAST NEWARK BORO

                                          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                               310,782               282,698               282,698               250,000
        Repayment of Debt                                            0                     0                     0                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                    910,736               945,009             1,152,509             1,162,509
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                      523,204               464,187               106,073                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                     HUDSON  -  EAST NEWARK BORO

                                               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                            9357            9700          10891           9751           9598
Total Classroom Instruction                                 4900            5000           6664           5966           5960
Classroom-Salaries and Benefits                             4570            4662           6096           5458           5398
Classroom-General Supplies and Textbooks                     301             302            522            467            515
Classroom-Purchased Services and Other                        30              36             46             41             47
Total Support Services                                      1511            1714           1422           1273           1117
Support Services-Salaries and Benefits                      1215            1241           1059            948            800
Total Administrative Costs                                  1739            1736           1619           1450           1342
Administration-Salaries and Benefits                        1264            1249           1201           1075            992
Total Operations and Maintenance of Plant                   1167            1152           1066            954           1108
Operations & Maintenance of Plant-Salary & Ben.              417             398            258            231            229
Total Food Services Costs                                                                                    0              0
Total Extracurricular Costs                                   39              26             59             53             50
Total Equipment Costs                                                                                        0            592
Employee Benefits as a % of Salaries                        29.6            30.4           31.7           31.7           34.8


 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.

                                                    HUDSON  -  EAST NEWARK BORO

                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

                             HUDSON  -  EAST NEWARK BORO

Shared Services -- Description of Shared Services
_________________________________________________

  Snow removal,landscaping service,recycling, minor maintenance repairs    
  with municipality. Transportation jointure with Kearny BOE               

                             HUDSON  -  EAST NEWARK BORO

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 09-10 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,175,758 (A)
Estimated Net Taxable Valuation (as of 10/01/2008 )            40,029,984 (B)
Estimated 09-10 General Fund School Tax Rate=(A)/(B)X100           2.9372 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,175,758 (D)
Estimated Net Taxable Valuation (as of 10/01/2008 )            40,029,984 (E)
Estimated 09-10 Total School Tax Rate=(D)/(E)X100                  2.9372 (F)


B. Estimated 09-10 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,175,758 (G)
Estimated Equalized Valuation (as of 10/01/2008 )             177,690,475 (H)
Estimated 09-10 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.6617 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,175,758 (J)
Estimated Equalized Valuation (as of 10/01/2008 )             177,690,475 (K)
Estimated 09-10 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.6617 (L)