03/17/2008                                           PASSAIC  -  PATERSON CITY

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                     21364                    21106                    21156

      Pupils on Roll Reg Accr. Adult High Sch                 90                     1035                     1035
      Pupils on Roll - Special Full-Time                    3685                     3447                     3447

      Private School Placements                              145                      252                      277
      Pupils Sent to Contracted Preschool Prog              3367                     3476                     3400
      Pupils Sent to Other Districts-Reg Prog                 16                       10                       17
      Pupils Sent to Other Dists-Spec Ed Prog                182                      179                      192
      Pupils Received                                          1                        3                        6
      Pupils in State Facilities                             156                      139                      139
 


                                                      PASSAIC - PATERSON CITY

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                  15,514,827       18,428,798

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                36,016,971       36,016,971       37,457,650
      Tuition                                               10-1300                     2,400           25,578           33,533
      Unrestricted Miscellaneous Revenues                   10-1XXX                 4,589,844        3,987,099        3,025,000
      SUBTOTAL                                                                     40,609,215       40,029,648       40,516,183

      Revenues from State Sources:                                         
      Core Curriculum Standards Aid                         10-3111               155,240,299      155,240,299
      Supplemental Core Curriculum Standards Aid            10-3112                16,980,835       16,980,835
      Education Opportunity Aid                             10-3117               153,262,836      153,262,836
      Discretionary Education Opportunity Aid               10-3118                                 11,025,479
      Transportation Aid                                    10-3120                 5,339,317        5,339,317
      Special Education Aid                                 10-3130                18,027,166       18,027,166
      Bilingual Education                                   10-3140                 4,004,664        4,004,664
      Extraordinary Aid                                     10-3131                   982,706                         1,328,889
      Consolidated Aid                                      10-3195                 3,014,228        3,014,228
      Other State Aids                                      10-3XXX                   234,017          982,706        1,155,060
      Categorical Special Education Aid                     10-3132                                                  13,122,932
      Equalization Aid                                      10-3176                                                 317,511,140
      Categorical Security Aid                              10-3177                                                   9,616,794
      Adjustment Aid                                        10-3178                                                  45,969,202
      Categorical Transportation Aid                        10-3121                                                   2,886,325
      SUBTOTAL                                                                    357,086,068      367,877,530      391,590,342

      Revenues from Federal Sources:                                       
      Medicaid Reimbursement                                10-4200                   701,391        1,009,984        1,070,000
      SUBTOTAL                                                                        701,391        1,009,984        1,070,000
      Adjustment for Prior Year Encumbrances                                                         2,032,773
      Actual Revenues (Over)/Under Expenditures                                    -1,405,133
      TOTAL OPERATING BUDGET                                                      396,991,541      426,464,762      451,605,323
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                   116,800

      Revenues from State Sources:                                         
      Early Childhood Program Aid - Pr Year Carryover       20-3211                                    900,000        1,500,000
      Early Childhood Program Aid                           20-3211                43,192,987       21,130,663
      Demonstrably Effective Program Aid                    20-3212                11,625,329       11,646,627
      Preschool Education Aid                               20-3218                                                  45,994,485
      Preschool Expansion Aid                               20-3215                                 26,913,130
      Other Restricted Entitlements                         20-32XX                 3,106,953        2,971,009        2,892,122
      TOTAL REVENUES FROM STATE SOURCES                                            57,925,269       63,561,429       50,386,607

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416           15,369,593       13,339,598       13,339,598
      I.D.E.A. Part B (Handicapped)                         20-4420-4429            7,070,642        6,367,065        6,609,815
      Vocational Education                                  20-4430                   164,594          215,098          215,098
      Adult Basic Education                                 20-4440                   590,312          579,300          597,800
      Private Industry Council (JTPA)                       20-4700                                    194,946          214,459
      Other                                                 20-4XXX                 5,594,990        4,303,515        5,512,002
      TOTAL REVENUES FROM FEDERAL SOURCES                                          28,790,131       24,999,522       26,488,772
      Transfers from Operating Budget-PreK/K                20-5200                                  3,245,638        3,944,501
      TOTAL GRANTS AND ENTITLEMENTS                                                86,832,200       91,806,589       80,819,880
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                                      140,956

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   371,965          374,285          326,508
      TOTAL REVENUES FROM LOCAL SOURCES                                               371,965          374,285          326,508

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   960,779          962,850          839,939
      TOTAL LOCAL REPAYMENT OF DEBT                                                 1,332,744        1,337,135        1,307,403
      Actual Revenues (Over)/Under Expenditures                                         1,516
      TOTAL REPAYMENT OF DEBT                                                       1,334,260        1,337,135        1,307,403
      TOTAL REVENUES/SOURCES                                                      485,158,001      519,608,486      533,732,606

      DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
      Transfers from Operating Budget-PreK/K                20-5200                                  3,245,638        3,944,501

      TOTAL REVENUES/SOURCES NET OF TRANSFERS
                                                                                  485,158,001      516,362,848      529,788,105
                                                      PASSAIC - PATERSON CITY

                                                   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         24,515,278       25,298,741       15,569,473
      Special Education                                     11-2XX-100-XXX          3,201,400        2,917,251          750,225
      Bilingual Education                                   11-240-100-XXX            650,280           56,986           84,518
      Vocational Programs - Local                           11-3XX-100-XXX              7,576
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             53,500           16,210              400
      School Sponsored Athletics                            11-402-100-XXX                              53,500           53,500
      Community Services Programs/Operations                11-800-330-XXX            617,378          914,519          550,879
      Support Services:
      Tuition                                               11-000-100-XXX         44,255,097       42,437,955       46,820,444
      Attendance and Social Work Services                   11-000-211-XXX            434,286          440,149          536,998
      Health Services                                       11-000-213-XXX          1,465,250        1,718,113        1,349,546
      Students - Related & Extraordinary                    11-000-216,217          5,813,737        7,685,414        8,150,094
      Guidance                                              11-000-218-XXX          2,778,887        2,812,465        2,040,752
      Child Study Teams                                     11-000-219-XXX          6,942,953       11,260,476       12,338,187
      Improvement of Instructional Services                 11-000-221-XXX          7,991,933        8,388,629        8,487,310
      Educational Media Services - School Library           11-000-222-XXX          1,215,117        1,428,594        1,434,690
      Instructional Staff Training Services                 11-000-223-XXX          1,338,960          893,582          711,777
      General Administration                                11-000-230-XXX          5,330,957        5,670,057        5,284,606
      School Administration                                 11-000-240-XXX          2,193,271        1,646,694          606,450
      Central Svcs & Admin Info Technology                  11-000-25X-XXX          7,494,510        8,926,241        8,733,766
      Operation and Maintenance of Plant Services           11-000-26X-XXX         38,167,796       40,598,200       41,206,209
      Student Transportation Services                       11-000-270-XXX         14,397,613       16,958,651       17,501,069
      Other Support Services                                11-000-290-XXX            143,534
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX         27,225,437       24,789,133       24,263,138
      Food Services                                         11-000-310-XXX                           4,359,268          747,455
      Total Support Services Expenditures                                         167,189,338      180,013,621      180,212,491
      TOTAL GENERAL CURRENT EXPENSE                                               196,234,750      209,270,828      197,221,486

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X            160,669        1,164,110        1,282,699
      Facilities Acquisition and Construction Services      12-000-4XX-XXX          1,327,011        1,094,407          625,000
      TOTAL CAPITAL EXPENDITURES                                                    1,487,680        2,258,517        1,907,699

      SPECIAL SCHOOLS
      Summer School:
      Instruction                                           13-422-100-XXX            742,780          769,851          665,283
      Support Services                                      13-422-200-XXX              8,560          151,488           24,227
      Total Summer School                                                             751,340          921,339          689,510
      Accredited Evening/Adult High School/Post-Graduate:
      Instruction                                           13-601-100-XXX            201,757          193,103          148,464
      Support Services                                      13-601-200-XXX            180,065           49,525            9,310
      Total Accredited Evening/Adult HS/Post-Grad.                                    381,822          242,628          157,774
      Adult Education - Local:
      Instruction                                           13-602-100-XXX            510,657          988,837          828,896
      Support Services                                      13-602-200-XXX            115,208          212,547          339,354
      Total Adult Education - Local                                                   625,865        1,201,384        1,168,250
      Vocational Evening - Local:
      Instruction                                           13-629-100-XXX             39,310
      Support Services                                      13-629-200-XXX                              41,374           49,247
      Total Vocational Evening - Local                                                 39,310           41,374           49,247
      Evening School for the Foreign Born - Local:
      Instruction                                           13-631-100-XXX              5,849            8,607            7,752
      Support Services                                      13-631-200-XXX                456
      Total Evening School for Foreign-Born - Local                                     6,305            8,607            7,752
      TOTAL SPECIAL SCHOOLS                                                         1,804,642        2,415,332        2,072,533
      Transfer of Funds to Charter Schools                  10-000-100-56X          2,968,495        4,461,155       10,264,012
      General Fund Contribution to SBB                      10-000-520-930        194,495,974      208,058,930      240,139,593
      OPERATING BUDGET GRAND TOTAL                                                396,991,541      426,464,762      451,605,323

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX            116,800
      Early Childhood Program Aid:
      Instruction                                           20-211-100-XXX          1,515,184        2,780,635        2,332,708
      Support Services                                      20-211-200-XXX         39,106,821       45,258,158       47,596,278
      Facilities Acquisition and Construction Services      20-211-400-XXX             98,048            5,000           10,000
      Contribution to Charter Schools                       20-211-100-56X                               1,634
      TOTAL EARLY CHILDHOOD PROGRAM AID                                            40,720,053       48,045,427       49,938,986
      Demonstrably Effective Program Aid:
      Contribution to Charter Schools                       20-212-100-56X            157,420          178,718
      TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID                                        157,420          178,718
      Other State Projects:
      Nonpublic Textbooks                                   20-XXX-XXX-XXX             96,099          103,916           99,764
      Nonpublic Auxiliary Services                          20-XXX-XXX-XXX          1,596,088        2,147,545        2,231,763
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX            287,969          506,814          351,392
      Nonpublic Nursing Services                            20-XXX-XXX-XXX            136,472          138,254          137,803
      Nonpublic Technology Initiative                       20-XXX-XXX-XXX             73,520           74,480           71,400
      Other Special Projects                                20-XXX-XXX-XXX            916,805
      Total State Projects                                                         43,984,426       51,195,154       52,831,108
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX         10,894,578        6,789,573        6,989,954
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX          7,070,642        6,367,065        6,609,815
      Vocational Education                                  20-XXX-XXX-XXX            164,594          215,098          215,098
      Adult Basic Education                                 20-XXX-XXX-XXX            590,312          579,300          597,800
      Private Industry Council (JTPA)                       20-XXX-XXX-XXX                             194,946          214,459
      Other Special Projects                                20-XXX-XXX-XXX          3,614,263        4,303,515        5,512,002
      Total Federal Projects                                                       22,334,389       18,449,497       20,139,128
      Grant & Entitlements Cont to SBB                      20-XXX-XXX-930         20,396,585       22,161,938        7,849,644
      TOTAL GRANTS AND ENTITLEMENTS                                                86,832,200       91,806,589       80,819,880

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX          1,334,260        1,337,135        1,307,403
      TOTAL REPAYMENT OF DEBT                                                       1,334,260        1,337,135        1,307,403
      Total Expenditures                                                          485,158,001      519,608,486      533,732,606

      DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
      Local Contrib-Transfer to Grants & Entitlements       11-1XX-100-930                           3,245,638        3,944,501
      Capital Reserve - Transfer to Repayment of Debt       12-000-400-933

      TOTAL EXPENDITURES NET OF TRANSFERS                                         485,158,001      516,362,848      529,788,105

                                                      PASSAIC  -  PATERSON CITY

                                          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                            25,315,763            24,143,877            22,270,006             4,690,856
        Repayment of Debt                                           67                -1,449               140,956                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                      1,000                 1,000                 1,000                 1,000
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                            0               849,648               849,648                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                      PASSAIC  -  PATERSON CITY

                                               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                           14107           14587          15491          16034          15973
Total Classroom Instruction                                 8464            8808           8818           8990           8940
Classroom-Salaries and Benefits                             7988            8498           8304           8429           8377
Classroom-General Supplies and Textbooks                     437             268            398            423            474
Classroom-Purchased Services and Other                        39              42            116            138             90
Total Support Services                                      2506            2594           3075           3351           3496
Support Services-Salaries and Benefits                      2230            2463           2880           3131           3281
Total Administrative Costs                                  1308            1360           1422           1457           1453
Administration-Salaries and Benefits                        1002            1123           1124           1149           1177
Total Operations and Maintenance of Plant                   1731            1705           1852           1906           1920
Operations & Maintenance of Plant-Salary & Ben.              470             517            581            592            522
Total Food Services Costs                                      0               0            177            181             31
Total Extracurricular Costs                                   66              72             86             89             89
Total Equipment Costs                                         90              11             33             51             56
Employee Benefits as a % of Salaries                        22.5            26.1           25.5           25.3           25.7


 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 $ 80, 
 $262,  $266,  $272, and $ 263 per pupil, respectively, in federal and state funds in the blended resource
 school-based budgets.

                                                     PASSAIC  -  PATERSON CITY

                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

                              PASSAIC  -  PATERSON CITY

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       37,457,650 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 )         9,388,617,332 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.3990 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              37,784,158 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 )         9,388,617,332 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.4024 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       37,457,650 (G)
Estimated Equalized Valuation (as of 10/01/2007 )           8,449,017,781 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.4433 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              37,784,158 (J)
Estimated Equalized Valuation (as of 10/01/2007 )           8,449,017,781 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.4472 (L)