03/05/2008                                       BERGEN  -  ENGLEWOOD CLIFFS BORO

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       375                      392                      404


      Pupils on Roll - Special Full-Time                      46                       43                       40
      Pupils on Roll - Special Shared-Time                                              1
      Private School Placements                                5                        4                        8

      Pupils Sent to Other Districts-Reg Prog                  1                                                18
      Pupils Sent to Other Dists-Spec Ed Prog                 21                       20                       27
      Pupils Received                                          9                       11                       10
 


                                                  BERGEN - ENGLEWOOD CLIFFS BORO

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     284,524           45,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 8,376,177        8,711,224        9,059,673
      Tuition                                               10-1300                    82,100           89,000          102,000
      Unrestricted Miscellaneous Revenues                   10-1XXX                    88,602           36,000           85,500
      SUBTOTAL                                                                      8,546,879        8,836,224        9,247,173

      Revenues from State Sources:                                         
      Transportation Aid                                    10-3120                   156,312          156,312
      Special Education Aid                                 10-3130                   334,186          334,186
      Bilingual Education                                   10-3140                    35,058           35,058
      Stabilization Aid                                     10-3171                    10,497           10,497
      Extraordinary Aid                                     10-3131                    50,691                           139,592
      Consolidated Aid                                      10-3195                    25,428           25,428
      Additional Formula Aid                                10-3196                    16,844           34,194
      Other State Aids                                      10-3XXX                     9,364
      Categorical Special Education Aid                     10-3132                                                     235,518
      Categorical Security Aid                              10-3177                                                      30,905
      Adjustment Aid                                        10-3178                                                     165,746
      Categorical Transportation Aid                        10-3121                                                      84,923
      SUBTOTAL                                                                        638,380          595,675          656,684
      Adjustment for Prior Year Encumbrances                                                           417,762
      Actual Revenues (Over)/Under Expenditures                                      -154,334
      TOTAL OPERATING BUDGET                                                        9,030,925       10,134,185        9,948,857
      GRANTS AND ENTITLEMENTS

      Revenues from State Sources:                                         
      Other Restricted Entitlements                         20-32XX                                      6,371
      TOTAL REVENUES FROM STATE SOURCES                                                                  6,371

      Revenues from Federal Sources:                                       
      I.D.E.A. Part B (Handicapped)                         20-4420-4429               88,457           97,461           75,000
      Other                                                 20-4XXX                    34,972           28,552
      TOTAL REVENUES FROM FEDERAL SOURCES                                             123,429          126,013           75,000
      TOTAL GRANTS AND ENTITLEMENTS                                                   123,429          132,384           75,000
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                                      165,950
      Transfers from Other Funds                            40-5200                   111,386

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                    99,000          221,482           70,869
      TOTAL REVENUES FROM LOCAL SOURCES                                                99,000          221,482           70,869

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                                    113,877          101,415
      TOTAL LOCAL REPAYMENT OF DEBT                                                   210,386          335,359          338,234
      Actual Revenues (Over)/Under Expenditures                                      -165,950
      TOTAL REPAYMENT OF DEBT                                                          44,436          335,359          338,234
      TOTAL REVENUES/SOURCES                                                        9,198,790       10,601,928       10,362,091
                                                  BERGEN - ENGLEWOOD CLIFFS BORO

                                                   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          2,626,158        2,933,344        2,858,903
      Special Education                                     11-2XX-100-XXX            482,738          665,571          670,909
      Basic Skills/Remedial                                 11-230-100-XXX            177,622          165,970          141,783
      Bilingual Education                                   11-240-100-XXX            160,172          170,878          172,549
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             20,465           34,825            1,500
      School Sponsored Athletics                            11-402-100-XXX              4,690            1,000
      Support Services:
      Tuition                                               11-000-100-XXX            856,077          927,180        1,032,808
      Attendance and Social Work Services                   11-000-211-XXX             98,971           89,850           94,488
      Health Services                                       11-000-213-XXX             97,686          111,528          121,390
      Students - Related & Extraordinary                    11-000-216,217             99,256           77,833          397,350
      Guidance                                              11-000-218-XXX                               2,035
      Child Study Teams                                     11-000-219-XXX            493,505          519,110          445,270
      Improvement of Instructional Services                 11-000-221-XXX            150,835          255,724          166,237
      Educational Media Services - School Library           11-000-222-XXX             55,290          147,839          131,334
      Instructional Staff Training Services                 11-000-223-XXX             30,201           97,023          115,028
      General Administration                                11-000-230-XXX            307,545          276,931          247,350
      School Administration                                 11-000-240-XXX            168,338          133,793          172,390
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            217,453          158,878          169,292
      Operation and Maintenance of Plant Services           11-000-26X-XXX            735,760          870,767          806,973
      Student Transportation Services                       11-000-270-XXX            703,554          718,346          703,400
      Other Support Services                                11-000-290-XXX              3,070
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          1,411,343        1,718,315        1,484,403
      Total Support Services Expenditures                                           5,428,884        6,105,152        6,087,713
      TOTAL GENERAL CURRENT EXPENSE                                                 8,900,729       10,076,740        9,933,357

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X                              36,487           15,500
      Facilities Acquisition and Construction Services      12-000-4XX-XXX            130,196           20,958
      TOTAL CAPITAL EXPENDITURES                                                      130,196           57,445           15,500
      OPERATING BUDGET GRAND TOTAL                                                  9,030,925       10,134,185        9,948,857

      SPECIAL GRANTS AND ENTITLEMENTS
      Nonpublic Textbooks                                   20-XXX-XXX-XXX                               6,371
      Total State Projects                                                                               6,371
      Federal Projects:
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX             88,457           97,461           75,000
      Other Special Projects                                20-XXX-XXX-XXX             34,972           28,552
      Total Federal Projects                                                          123,429          126,013           75,000
      TOTAL GRANTS AND ENTITLEMENTS                                                   123,429          132,384           75,000

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX             44,436          335,359          338,234
      TOTAL REPAYMENT OF DEBT                                                          44,436          335,359          338,234
      Total Expenditures                                                            9,198,790       10,601,928       10,362,091

      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                                           9,198,790       10,601,928       10,362,091

                                                  BERGEN  -  ENGLEWOOD CLIFFS BORO

                                          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                               228,965               292,864               292,864               247,864
        Repayment of Debt                                            0               165,950               165,950                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                          1                     1                     1                     1
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                      284,524               284,524                     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
 



                                                  BERGEN  -  ENGLEWOOD CLIFFS BORO

                                               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                           16728           17494          19653          19358          18462
Total Classroom Instruction                                 9858           10416          12447          11688          10888
Classroom-Salaries and Benefits                             9311            9751          11568          10954          10335
Classroom-General Supplies and Textbooks                     396             532            496            526            434
Classroom-Purchased Services and Other                       151             133            384            208            120
Total Support Services                                      2728            2993           3235           3697           3930
Support Services-Salaries and Benefits                      2198            2428           2590           2932           2857
Total Administrative Costs                                  2296            1971           1726           1554           1554
Administration-Salaries and Benefits                        1559            1421           1399           1025           1052
Total Operations and Maintenance of Plant                   1779            2030           2145           2303           2063
Operations & Maintenance of Plant-Salary & Ben.              952            1221            914           1256           1139
Total Food Services Costs                                                                                    0              0
Total Extracurricular Costs                                   54              68             86             91              4
Total Equipment Costs                                         72               0              0             84             35
Employee Benefits as a % of Salaries                        31.7            29.1           31.2           31.9           27.5


 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.

                                                  BERGEN  -  ENGLEWOOD CLIFFS BORO

                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

                          BERGEN  -  ENGLEWOOD CLIFFS BORO

Shared Services -- Description of Shared Services
_________________________________________________

  Insurance through NESBIG                                                 
  Spec Ed Busing through So. Bergen Jointure                               
  Share Grounds Maintenance with Boro - Snow Removal,Excavation(Playground)
  Purchasing through Ed Data                                               
  Bergen County Special Services - Special Education Services              
  Participation in ACES                                                    

                          BERGEN  -  ENGLEWOOD CLIFFS BORO

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        9,059,673 (A)
Estimated Net Taxable Valuation (as of 01/01/2008 )         3,443,846,700 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.2631 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               9,130,542 (D)
Estimated Net Taxable Valuation (as of 01/01/2008 )         3,443,846,700 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.2651 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        9,059,673 (G)
Estimated Equalized Valuation (as of 01/01/2008 )           3,443,846,700 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.2631 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               9,130,542 (J)
Estimated Equalized Valuation (as of 01/01/2008 )           3,443,846,700 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.2651 (L)