04/03/2012                                      SUSSEX  -  WALLKILL VALLEY REGIONAL

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2010         October 15, 2011         October 15, 2012
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       627                      565                      570

      Pupils on Roll Regular Shared-Time                      10                        9                        7



      Pupils on Roll - Special Full-Time                     139                      137                      132

      Pupils on Roll - Special Shared-Time                     4                        2                        2
      Subtotal - Pupils On Roll                               780                      713                      711
      Private School Placements                               13                       17                       12





      Pupils Sent to Other Dists-Spec Ed Prog                  3                        4                        4

      Pupils Received                                          1                        1                        1

      Pupils in State Facilities                               1                        1                        1
 


                                                 SUSSEX - WALLKILL VALLEY REGIONAL

                                                      Advertised Revenues

      Budget Category                                        Account             2010-11          2011-12          2012-13
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     776,351          368,488

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 8,579,907        8,765,642        8,966,082
      Tuition                                               10-1300                     4,400                             4,000
      Interest Earned on Capital Reserve Funds              10-1XXX                         4                4                4
      Other Restricted Miscellaneous Revenues               10-1XXX                                     14,464            4,600
      Unrestricted Miscellaneous Revenues                   10-1XXX                    82,275            6,000            2,000
      SUBTOTAL                                                                      8,666,586        8,786,110        8,976,686

      Revenues from State Sources:                                         
      Extraordinary Aid                                     10-3131                   140,309
      Other State Aids                                      10-3XXX                     7,386
      Categorical Special Education Aid                     10-3132                   393,803          393,803          406,063
      Equalization Aid                                      10-3176                 2,792,196        2,792,196        2,698,928
      Categorical Security Aid                              10-3177                    60,343           60,343           59,821
      Adjustment Aid                                        10-3178                   610,805          754,674          718,835
      Categorical Transportation Aid                        10-3121                   458,033          458,033          453,990
      SUBTOTAL                                                                      4,462,875        4,459,049        4,337,637

      Revenues from Federal Sources:                                       
      Education Jobs Fund                                   18-4522                   104,077           54,884
      SUBTOTAL                                                                        104,077           54,884
      Adjustment for Prior Year Encumbrances                                                            29,418
      Actual Revenues (Over)/Under Expenditures                                       138,003
      TOTAL OPERATING BUDGET                                                       13,371,541       14,105,812       13,682,811
      GRANTS AND ENTITLEMENTS

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               42,272           39,898           33,912
      Title II                                              20-4451-4455                                14,686           12,482
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              147,032          124,977          106,230
      Vocational Education                                  20-4430                    29,166           26,522           22,544
      Other                                                 20-4XXX                    16,599
      TOTAL REVENUES FROM FEDERAL SOURCES                                             235,069          206,083          175,168
      TOTAL GRANTS AND ENTITLEMENTS                                                   235,069          206,083          175,168
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                      34,439           36,470
      Transfers from Other Funds                            40-5200                   357,769          307,399        1,000,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                                                     399,094
      TOTAL REVENUES FROM LOCAL SOURCES                                                                                 399,094
      TOTAL LOCAL REPAYMENT OF DEBT                                                   357,769          341,838        1,435,564
      Actual Revenues (Over)/Under Expenditures                                        -2,031
      TOTAL REPAYMENT OF DEBT                                                         355,738          341,838        1,435,564
      TOTAL REVENUES/SOURCES                                                       13,962,348       14,653,733       15,293,543
                                                 SUSSEX - WALLKILL VALLEY REGIONAL

                                                   Advertised Appropriations

                Budget Category                                Account          2010-11          2011-12         2012-13 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX          4,730,494        4,689,406        4,354,002
      Special Education                                     11-2XX-100-XXX            633,705          642,932          757,012
      Basic Skills/Remedial                                 11-230-100-XXX             48,698           55,661           59,056
      Bilingual Education                                   11-240-100-XXX              3,915            5,400            5,165
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             86,405           88,106           81,640
      School Sponsored Athletics                            11-402-100-XXX            462,571          481,021          456,121
      Other Instructional Programs                          11-4XX-100-XXX                395
      Support Services:
      Tuition                                               11-000-100-XXX            830,332        1,457,745        1,231,867
      Health Services                                       11-000-213-XXX            105,880          110,291          109,842
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217             11,412           34,500            6,000
      Guidance                                              11-000-218-XXX            468,204          486,870          501,597
      Child Study Teams                                     11-000-219-XXX            319,105          334,585          305,954
      Improvement of Instructional Services                 11-000-221-XXX              5,212            6,240            6,500
      Educational Media Services - School Library           11-000-222-XXX            176,232          172,494          175,501
      Instructional Staff Training Services                 11-000-223-XXX              2,639            9,075            8,625
      General Administration                                11-000-230-XXX            363,824          361,200          384,840
      School Administration                                 11-000-240-XXX            409,795          402,153          429,770
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            153,293          165,078          157,050
      Operation and Maintenance of Plant Services           11-000-26X-XXX          1,094,582        1,086,485        1,066,895
      Student Transportation Services                       11-000-270-XXX          1,186,503        1,252,351        1,246,152
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          2,229,376        2,226,453        2,288,655
      Total Support Services Expenditures                                           7,356,389        8,105,520        7,919,248
      TOTAL GENERAL CURRENT EXPENSE                                                13,322,572       14,068,046       13,632,244

      CAPITAL EXPENDITURES
      Interest Earned on Capital Reserve                    10-604                                           4                4
      Equipment                                             12-XXX-XXX-73X             17,566            6,900           25,500
      Facilities Acquisition and Construction Services      12-000-4XX-XXX             31,403           30,862           25,063
      TOTAL CAPITAL EXPENDITURES                                                       48,969           37,766           50,567
      OPERATING BUDGET GRAND TOTAL                                                 13,371,541       14,105,812       13,682,811

      SPECIAL GRANTS AND ENTITLEMENTS
      Title I                                               20-XXX-XXX-XXX             42,272           39,898           33,912
      Federal Projects:
      Title II                                              20-XXX-XXX-XXX                              14,686           12,482
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            147,032          124,977          106,230
      Vocational Education                                  20-XXX-XXX-XXX             29,166           26,522           22,544
      Other Special Projects                                20-XXX-XXX-XXX             16,599
      Total Federal Projects                                                          235,069          206,083          175,168
      TOTAL GRANTS AND ENTITLEMENTS                                                   235,069          206,083          175,168

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            355,738          341,838        1,435,564
      TOTAL REPAYMENT OF DEBT                                                         355,738          341,838        1,435,564
      Total Expenditures                                                           13,962,348       14,653,733       15,293,543

      DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
 0250XLocal Contribution - Transfer to Special Revenue      11-1XX-100-93X
      Capital Reserve - Transfer to Repayment of Debt       12-000-400-933
      Transfer Property Sale Proceeds to Debt Svc Res       11-000-520-934

      TOTAL EXPENDITURES NET OF TRANSFERS                                          13,962,348       14,653,733       15,293,543
 

                                                 SUSSEX  -  WALLKILL VALLEY REGIONAL

                                          Advertised Recapitulation of Balance

                                                              Audited               Audited              Estimated             Estimated
                                                              Balance               Balance               Balance               Balance
      Budget Category                                        6/30/2010             6/30/2011             6/30/2012             6/30/2013

      Unrestricted:
        General Operating Budget                               391,341               675,399               415,127               281,528
        Repayment of Debt                                       34,439                36,470                36,470                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                        736                   740                   744                   748
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                    1,186,283               750,968               234,889                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Repayment of Debt:
            Restricted for Repayment of Debt                         0                     0                     0                     0
 



                                                 SUSSEX  -  WALLKILL VALLEY REGIONAL

                                               Advertised Per Pupil Cost Calculations

                                                     2012 - 2013

                                                    2009-10        2010-11           2011-12       2011-12       2012-2013
                                                     Actual         Actual           Original      Revised       Proposed
                                                                                      Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            (2)              (3)           (4)            (5)

Total Budgetary Comparative Per Pupil Cost                 14116           14504          15343          16054          15788
Total Classroom Instruction                                 8469            8871           9301           9615           9449
Classroom-Salaries and Benefits                             8199            8579           8995           9283           9166
Classroom-General Supplies and Textbooks                     225             243            256            265            221
Classroom-Purchased Services and Other                        44              50             50             67             62
Total Support Services                                      1723            1725           1921           2045           1981
Support Services-Salaries and Benefits                      1567            1607           1761           1896           1842
Total Administrative Costs                                  1354            1465           1449           1673           1673
Administration-Salaries and Benefits                        1167            1254           1268           1392           1425
Legal Costs                                                    0               3             27             32             28
Total Operations and Maintenance of Plant                   1738            1739           1905           1917           1924
Operations & Maintenance of Plant-Salary & Ben.              945             957           1039           1091           1102
Board Contribution to Food Services                            0               0              0              0              0
Total Extracurricular Costs                                  833             704            767            804            761
Total Equipment Costs                                         52              23             26             10             36
Employee Benefits as a % of Salaries                        25.6            28.5           27.9           28.6           30.1


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2012 Taxpayers' Guide to Education Spending (formerly 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 2011-12
 revised appropriations and 2012-13 budgeted appropriations presented in this advertised budget.  Total Budgetary 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 Budgetary
 comparative per pupil cost, although all components are not shown.

                                                SUSSEX  -  WALLKILL VALLEY REGIONAL

                Unusual Revenues and Appropriations
                ___________________________________

Line Number   Revenue Source or               12-13 Amount           Description of circumstances
                Approp. Due to    

    00540   CAP IMPR BLDG FUND                   1,000,000       MONEY LEFT OVER FROM PREVIOUS BLDG FUND 
    09810   DEBT SERVICE PRINCIPAL               1,000,000       CAP IMP BLDG FUND $ USED FOR 1ST PAYMENT


Total Unusual Revenues: 
                           1,000,000                   Total Unusual Appropriations:       1,000,000

                         SUSSEX  -  WALLKILL VALLEY REGIONAL

Shared Services -- Description of Shared Services
_________________________________________________

  1.TRANSPORTATION SERVICES THROUG HIGH POINT BOE                          
  2.GAS/DIESEL PURCHASED FROM HARDYSTON TOWNSHIP MUNICIPALITY TANKS        
  3.MAINTENANCE EQUIPMENT SHARED WITH HARDYSTON TOWNSHIP MUNICIPALITY      
  4.SNOW PLOWING SERVICES SHARED WITH HARDYSTON TOWNSHIP MUNICIPALITY      
  5.ELECTION COSTS SHARED WITH ELEMENTARY DISTRICTS                        
  6.SAC SERVICES SHARED WITH HARDYSTON TOWNSHIP SCHOOL DISTRICT AS NEEDED  
  7.MEMBER OF BROWN & BROWN (GRINSPEC) CONSULTING INSURANCE POOL FOR HEALTH
      INSURANCE                                                            
  8.MEMBER OF ACES FOR ELECTRIC AND NATURAL GAS                            

                         SUSSEX  -  WALLKILL VALLEY REGIONAL

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 12-13 School Tax Rate
__________________________________

FRANKLIN BORO            

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,049,364 (A)
Estimated Net Taxable Valuation (as of 10/01/2011 )           473,912,265 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100           0.4324 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,125,282 (D)
Estimated Net Taxable Valuation (as of 10/01/2011 )           473,912,265 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)X100                  0.4485 (F)


B. Estimated 12-13 Equalized School Tax Rate
____________________________________________

FRANKLIN BORO            

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        2,049,364 (G)
Estimated Equalized Valuation (as of 10/01/2011 )             500,637,483 (H)
Estimated 12-13 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.4094 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,125,282 (J)
Estimated Equalized Valuation (as of 10/01/2011 )             500,637,483 (K)
Estimated 12-13 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.4245 (L)


                         SUSSEX  -  WALLKILL VALLEY REGIONAL

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 12-13 School Tax Rate
__________________________________

HAMBURG BORO             

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,444,660 (A)
Estimated Net Taxable Valuation (as of 10/01/2011 )           207,625,962 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100           0.6958 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,496,585 (D)
Estimated Net Taxable Valuation (as of 10/01/2011 )           207,625,962 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)X100                  0.7208 (F)


B. Estimated 12-13 Equalized School Tax Rate
____________________________________________

HAMBURG BORO             

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,444,660 (G)
Estimated Equalized Valuation (as of 10/01/2011 )             308,887,411 (H)
Estimated 12-13 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.4677 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,496,585 (J)
Estimated Equalized Valuation (as of 10/01/2011 )             308,887,411 (K)
Estimated 12-13 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.4845 (L)


                         SUSSEX  -  WALLKILL VALLEY REGIONAL

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 12-13 School Tax Rate
__________________________________

HARDYSTON TWP            

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        4,516,354 (A)
Estimated Net Taxable Valuation (as of 10/01/2011 )         1,151,553,603 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100           0.3922 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               4,674,750 (D)
Estimated Net Taxable Valuation (as of 10/01/2011 )         1,151,553,603 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)X100                  0.4060 (F)


B. Estimated 12-13 Equalized School Tax Rate
____________________________________________

HARDYSTON TWP            

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        4,516,354 (G)
Estimated Equalized Valuation (as of 10/01/2011 )           1,207,101,145 (H)
Estimated 12-13 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.3741 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               4,674,750 (J)
Estimated Equalized Valuation (as of 10/01/2011 )           1,207,101,145 (K)
Estimated 12-13 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.3873 (L)


                         SUSSEX  -  WALLKILL VALLEY REGIONAL

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 12-13 School Tax Rate
__________________________________

OGDENSBURG BORO          

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                          855,484 (A)
Estimated Net Taxable Valuation (as of 10/01/2011 )           241,395,907 (B)
Estimated 12-13 General Fund School Tax Rate=(A)/(B)X100           0.3544 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                                 886,919 (D)
Estimated Net Taxable Valuation (as of 10/01/2011 )           241,395,907 (E)
Estimated 12-13 Total School Tax Rate=(D)/(E)X100                  0.3674 (F)


B. Estimated 12-13 Equalized School Tax Rate
____________________________________________

OGDENSBURG BORO          

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                          855,484 (G)
Estimated Equalized Valuation (as of 10/01/2011 )             230,798,259 (H)
Estimated 12-13 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.3707 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                                 886,919 (J)
Estimated Equalized Valuation (as of 10/01/2011 )             230,798,259 (K)
Estimated 12-13 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.3843 (L)


                         SUSSEX  -  WALLKILL VALLEY REGIONAL
 17. Salaries and Benefits of Certain District Employees

 Name                                   EDWARD J. BOLCAR, JR.    
 Job Title                              Superintendent                
                                        Principal                     
 Base Annual Salary                     143,055
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           01/01/2011
   Ending Date of Contract              06/30/2014
   Annual Work Days                     250
   Annual Vacation Days                  22
   Annual Sick Days                      12
   Annual Personal Days                   4
   Annual Consulting Days                 0
   Other Non-working days                 2
   Description-Other Non-working Days   EMERGENCY DAYS                

 Benefits:
 Allowances                                 5,960
 Bonuses                                   21,444
 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               $50 PER DAY NOT TO EXCEED $15,000     
   Buyback of Vac. Days               1/260 PER DAY OF THEN CURRENT SALARY  
   Buyback of Personal Days           PERS DAYS ROLL INTO SICK DAYS EACH YR 
   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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                         SUSSEX  -  WALLKILL VALLEY REGIONAL
 17. Salaries and Benefits of Certain District Employees

 Name                                   ELIZABETH N. FLATT       
 Job Title                              Business Administrator        
                                        Board Secretary               
 Base Annual Salary                      95,200
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2011
   Ending Date of Contract              06/30/2012
   Annual Work Days                     250
   Annual Vacation Days                  20
   Annual Sick Days                      12
   Annual Personal Days                   4
   Annual Consulting Days                 0
   Other Non-working days                 2
   Description-Other Non-working Days   EMERGENCY DAYS                

 Benefits:
 Allowances                                 1,110
 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               $45 PER DAY NOT TO EXCEED $15,000     
   Buyback of Vac. Days               1/260 PER DAY OF THEN CURRENT SAL     
   Buyback of Personal Days           PERS DAYS ROLL INTO SICK DAYS EACH YR 
   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