03/18/2008                                         HUNTERDON  -  WEST AMWELL TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       222                      239                      244


      Pupils on Roll - Special Full-Time                      32                       23                       21

      Private School Placements                                2                        1                        2


      Pupils Sent to Other Dists-Spec Ed Prog                  1
 


                                                    HUNTERDON - WEST AMWELL TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                     16,534           51,000           50,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 3,075,502        3,287,724        3,419,233
      Tuition                                               10-1300                     6,906
      Interest Earned on Capital Reserve Funds              10-1XXX                     1,448            1,200            1,200
      Unrestricted Miscellaneous Revenues                   10-1XXX                    38,933            3,500            3,500
      SUBTOTAL                                                                      3,122,789        3,292,424        3,423,933

      Revenues from State Sources:                                         
      Transportation Aid                                    10-3120                    41,835           41,835
      Special Education Aid                                 10-3130                   237,269          237,269
      Extraordinary Aid                                     10-3131                     6,493                            10,184
      Consolidated Aid                                      10-3195                    21,834           21,834
      Additional Formula Aid                                10-3196                     9,028           19,218
      Other State Aids                                      10-3XXX                    33,219           29,685
      Categorical Special Education Aid                     10-3132                                                     150,662
      Categorical Security Aid                              10-3177                                                      20,064
      Adjustment Aid                                        10-3178                                                     113,187
      Categorical Transportation Aid                        10-3121                                                      62,741
      SUBTOTAL                                                                        349,678          349,841          356,838
      Adjustment for Prior Year Encumbrances                                                            74,814
      Actual Revenues (Over)/Under Expenditures                                      -107,641
      TOTAL OPERATING BUDGET                                                        3,364,826        3,768,079        3,830,771
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                    10,546            5,000            4,000

      Revenues from State Sources:                                         
      Other Restricted Entitlements                         20-32XX                     1,100            4,000
      TOTAL REVENUES FROM STATE SOURCES                                                 1,100            4,000

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416                8,900
      I.D.E.A. Part B (Handicapped)                         20-4420-4429               58,323           48,000           50,000
      Other                                                 20-4XXX                    22,501           28,000           28,000
      TOTAL REVENUES FROM FEDERAL SOURCES                                              89,724           76,000           78,000
      TOTAL GRANTS AND ENTITLEMENTS                                                   101,370           85,000           82,000
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                                        9,246

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                   137,527          118,088          106,146
      TOTAL REVENUES FROM LOCAL SOURCES                                               137,527          118,088          106,146
      TOTAL LOCAL REPAYMENT OF DEBT                                                   137,527          118,088          115,392
      Actual Revenues (Over)/Under Expenditures                                       -21,867
      TOTAL REPAYMENT OF DEBT                                                         115,660          118,088          115,392
      TOTAL REVENUES/SOURCES                                                        3,581,856        3,971,167        4,028,163
                                                    HUNTERDON - WEST AMWELL TWP

                                                   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          1,265,626        1,308,260        1,344,380
      Special Education                                     11-2XX-100-XXX            269,453          343,437          370,470
      Basic Skills/Remedial                                 11-230-100-XXX             49,457           58,579           64,150
      Support Services:
      Tuition                                               11-000-100-XXX            133,052           87,654           84,504
      Attendance and Social Work Services                   11-000-211-XXX             11,013           18,386           15,981
      Health Services                                       11-000-213-XXX             54,954           57,107           59,260
      Students - Related & Extraordinary                    11-000-216,217             92,521          130,525          141,500
      Guidance                                              11-000-218-XXX             75,093           83,947           89,449
      Child Study Teams                                     11-000-219-XXX             95,963           93,553           94,426
      Improvement of Instructional Services                 11-000-221-XXX             61,939           70,689           72,092
      Educational Media Services - School Library           11-000-222-XXX             32,959           47,423           47,196
      Instructional Staff Training Services                 11-000-223-XXX              3,235            3,950            2,700
      General Administration                                11-000-230-XXX            159,983          173,563          192,087
      School Administration                                 11-000-240-XXX             81,736           77,029           67,590
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            120,595          136,574          137,645
      Deposit to Maintenance Reserve                        10-606                      7,500            7,500            7,500
      Operation and Maintenance of Plant Services           11-000-26X-XXX            191,794          285,374          290,660
      Student Transportation Services                       11-000-270-XXX            176,525          199,382          195,000
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX            431,210          573,947          542,981
      Food Services                                         11-000-310-XXX             15,000           10,000           10,000
      Total Support Services Expenditures                                           1,737,572        2,049,103        2,043,071
      TOTAL GENERAL CURRENT EXPENSE                                                 3,329,608        3,766,879        3,829,571

      CAPITAL EXPENDITURES
      Deposit to Capital Reserve                            10-604                      1,448
      Interest Earned on Capital Reserve                    10-604                                       1,200            1,200
      Equipment                                             12-XXX-XXX-73X             17,606
      Facilities Acquisition and Construction Services      12-000-4XX-XXX             16,164
      TOTAL CAPITAL EXPENDITURES                                                       35,218            1,200            1,200
      OPERATING BUDGET GRAND TOTAL                                                  3,364,826        3,768,079        3,830,771

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX             10,546            5,000            4,000
      Other State Projects:
      Other Special Projects                                20-XXX-XXX-XXX              1,100            4,000
      Total State Projects                                                              1,100            4,000
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX              8,900
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX             58,323           48,000           50,000
      Other Special Projects                                20-XXX-XXX-XXX             22,501           28,000           28,000
      Total Federal Projects                                                           89,724           76,000           78,000
      TOTAL GRANTS AND ENTITLEMENTS                                                   101,370           85,000           82,000

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX            115,660          118,088          115,392
      TOTAL REPAYMENT OF DEBT                                                         115,660          118,088          115,392
      Total Expenditures                                                            3,581,856        3,971,167        4,028,163

      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                                           3,581,856        3,971,167        4,028,163

                                                    HUNTERDON  -  WEST AMWELL TWP

                                          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                               111,079               212,769               300,000               250,000
        Repayment of Debt                                      -12,621                 9,246                 9,246                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                     37,017                38,465                39,665                40,865
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                 43,250                50,750                58,250                65,750
            Legal Reserve                                       57,890                50,839                     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
 



                                                    HUNTERDON  -  WEST AMWELL TWP

                                               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                           11387           11664          12712          13253          13368
Total Classroom Instruction                                 7264            7406           7753           8168           8242
Classroom-Salaries and Benefits                             6610            6624           7028           7291           7397
Classroom-General Supplies and Textbooks                     514             568            539            645            608
Classroom-Purchased Services and Other                       140             214            186            232            238
Total Support Services                                      1704            1794           2193           2156           2166
Support Services-Salaries and Benefits                       964             993           1342           1184           1143
Total Administrative Costs                                  1488            1573           1616           1663           1663
Administration-Salaries and Benefits                        1160            1214           1213           1288           1268
Total Operations and Maintenance of Plant                    864             862           1112           1228           1259
Operations & Maintenance of Plant-Salary & Ben.              437             419            452            452            488
Total Food Services Costs                                     98              58             38             38             38
Total Extracurricular Costs                                                                                  0              0
Total Equipment Costs                                        100              68              0              0              0
Employee Benefits as a % of Salaries                        23.5            22.1           25.4           27.3           24.8


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 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.

                                                   HUNTERDON  -  WEST AMWELL TWP

                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

                            HUNTERDON  -  WEST AMWELL TWP

Shared Services -- Description of Shared Services
_________________________________________________

  West Amwell shares a superintendent with Lambertville Public School.  In 
  the 08-09 year they are planning to share a business administrator.      
  We share in group purchasing with the Hunterdon County Educational Commis
  sion.                                                                    
  We share the CST with South Hunterdon Regional H.S. as well as transporta
  tion jointures with them.                                                
  We are sharing a new Power Curriculum with South Hunterdon Reg.H.S., Stoc
  kton, Frenchtown.                                                        

                            HUNTERDON  -  WEST AMWELL TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        3,419,233 (A)
Estimated Net Taxable Valuation (as of 01/01/2008 )           534,237,469 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.6400 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               3,525,379 (D)
Estimated Net Taxable Valuation (as of 01/01/2008 )           534,237,469 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.6599 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        3,419,233 (G)
Estimated Equalized Valuation (as of 10/01/2007 )             583,650,217 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.5858 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               3,525,379 (J)
Estimated Equalized Valuation (as of 10/01/2007 )             583,650,217 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.6040 (L)