03/20/2008                                           ATLANTIC  -  MARGATE CITY

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       529                      491                      560


      Pupils on Roll - Special Full-Time                      64                       69                       64

      Private School Placements                                3                        1                        2

      Pupils Sent to Other Districts-Reg Prog                133                      135                      135
      Pupils Sent to Other Dists-Spec Ed Prog                 19                       16                       26
      Pupils Received                                         60                       65                       99
 


                                                      ATLANTIC - MARGATE CITY

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                   1,016,186        1,258,619

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                10,173,118       10,173,118       10,173,118
      Tuition                                               10-1300                   791,419          767,110          793,116
      Unrestricted Miscellaneous Revenues                   10-1XXX                   242,872          115,150          191,216
      SUBTOTAL                                                                     11,207,409       11,055,378       11,157,450

      Revenues from State Sources:                                         
      Transportation Aid                                    10-3120                   112,437          112,437
      Special Education Aid                                 10-3130                   643,606          643,606
      Bilingual Education                                   10-3140                    10,530           10,530
      Extraordinary Aid                                     10-3131                     7,656                            11,152
      Consolidated Aid                                      10-3195                    79,108           79,108
      Additional Formula Aid                                10-3196                    26,036           52,853
      Other State Aids                                      10-3XXX                     5,234
      Categorical Special Education Aid                     10-3132                                                     298,595
      Categorical Security Aid                              10-3177                                                      44,621
      Adjustment Aid                                        10-3178                                                     472,960
      Categorical Transportation Aid                        10-3121                                                     118,158
      SUBTOTAL                                                                        884,607          898,534          945,486
      Actual Revenues (Over)/Under Expenditures                                      -487,032
      TOTAL OPERATING BUDGET                                                       11,604,984       12,970,098       13,361,555
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                    55,643

      Revenues from State Sources:                                         
      Instructional Supplement Aid                          20-3214                    22,170           22,170
      Other Restricted Entitlements                         20-32XX                    69,505           55,575
      TOTAL REVENUES FROM STATE SOURCES                                                91,675           77,745

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               53,328           41,929           35,640
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              196,003          193,301          144,167
      Other                                                 20-4XXX                    22,880           29,491           17,895
      TOTAL REVENUES FROM FEDERAL SOURCES                                             272,211          264,721          197,702
      TOTAL GRANTS AND ENTITLEMENTS                                                   419,529          342,466          197,702
      TOTAL REVENUES/SOURCES                                                       12,024,513       13,312,564       13,559,257
                                                      ATLANTIC - MARGATE 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          3,284,354        3,787,643        3,679,386
      Special Education                                     11-2XX-100-XXX            331,302          357,139          391,742
      Basic Skills/Remedial                                 11-230-100-XXX            190,989          192,048          204,205
      Bilingual Education                                   11-240-100-XXX             21,039           22,586           23,860
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             34,806           42,800           43,500
      School Sponsored Athletics                            11-402-100-XXX             26,640           33,115           36,244
      Community Services Programs/Operations                11-800-330-XXX            283,945          273,676
      Support Services:
      Tuition                                               11-000-100-XXX          2,309,581        2,589,283        2,810,427
      Attendance and Social Work Services                   11-000-211-XXX             35,520           37,680           39,333
      Health Services                                       11-000-213-XXX            175,748          210,498          228,763
      Students - Related & Extraordinary                    11-000-216,217            234,769          300,380          342,033
      Child Study Teams                                     11-000-219-XXX            181,622          227,322          237,695
      Improvement of Instructional Services                 11-000-221-XXX             75,331           91,316          177,984
      Educational Media Services - School Library           11-000-222-XXX            243,239          273,818          387,173
      General Administration                                11-000-230-XXX            346,007          380,985          321,714
      School Administration                                 11-000-240-XXX            233,993          246,088          237,893
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            171,467          185,200          186,937
      Deposit to Maintenance Reserve                        10-606                                                       25,000
      Operation and Maintenance of Plant Services           11-000-26X-XXX          1,552,958        1,669,480        1,680,157
      Student Transportation Services                       11-000-270-XXX            263,575          322,108          292,731
      Deposit to Current Expense Emergency Reserve          10-607                                                      250,000
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          1,274,823        1,438,036        1,441,418
      Food Services                                         11-000-310-XXX             95,435          109,143          110,471
      Total Support Services Expenditures                                           7,194,068        8,081,337        8,494,729
      TOTAL GENERAL CURRENT EXPENSE                                                11,367,143       12,790,344       13,148,666

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X             84,144           41,742           95,267
      Facilities Acquisition and Construction Services      12-000-4XX-XXX             35,800
      TOTAL CAPITAL EXPENDITURES                                                      119,944           41,742           95,267
      Transfer of Funds to Charter Schools                  10-000-100-56X            117,897          138,012          117,622
      OPERATING BUDGET GRAND TOTAL                                                 11,604,984       12,970,098       13,361,555

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX             55,643
      Instructional Supplement Aid:
      Instruction                                           20-214-100-XXX             22,170           22,170
      TOTAL INSTRUCTIONAL SUPPLEMENT AID                                               22,170           22,170
      Other State Projects:
      Nonpublic Textbooks                                   20-XXX-XXX-XXX             13,450           11,960
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX             28,521           18,534
      Nonpublic Nursing Services                            20-XXX-XXX-XXX             17,894           16,521
      Nonpublic Technology Initiative                       20-XXX-XXX-XXX              9,640            8,560
      Total State Projects                                                             91,675           77,745
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX             53,328           41,929           35,640
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            196,003          193,301          144,167
      Other Special Projects                                20-XXX-XXX-XXX             22,880           29,491           17,895
      Total Federal Projects                                                          272,211          264,721          197,702
      TOTAL GRANTS AND ENTITLEMENTS                                                   419,529          342,466          197,702
      Total Expenditures                                                           12,024,513       13,312,564       13,559,257

      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                                          12,024,513       13,312,564       13,559,257

                                                      ATLANTIC  -  MARGATE 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                               320,878               352,647               532,890               259,402
        Repayment of Debt                                            0                     0                     0                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                          0                     0                     0                     0
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                25,000
            Legal Reserve                                    1,410,867             1,911,560               985,131                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0               250,000
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                      ATLANTIC  -  MARGATE 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                           14920           15436          16643          17681          15658
Total Classroom Instruction                                 8366            8291           9049           9621           8504
Classroom-Salaries and Benefits                             7785            7958           8559           9094           8020
Classroom-General Supplies and Textbooks                     370             328            483            519            479
Classroom-Purchased Services and Other                       211               5              7              7              5
Total Support Services                                      1719            1985           2314           2434           2705
Support Services-Salaries and Benefits                      1563            1684           1886           2006           2189
Total Administrative Costs                                  1350            1549           1600           1702           1422
Administration-Salaries and Benefits                        1105            1196           1196           1273           1119
Total Operations and Maintenance of Plant                   2736            2733           2834           2992           2693
Operations & Maintenance of Plant-Salary & Ben.              100              70            143             54              0
Total Food Services Costs                                    142             167            153            195            177
Total Extracurricular Costs                                  104             121            145            154            145
Total Equipment Costs                                         10             147             38             75            153
Employee Benefits as a % of Salaries                        22.0            24.2           24.4           24.6           25.2


 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.

                                                     ATLANTIC  -  MARGATE 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

                              ATLANTIC  -  MARGATE CITY

Shared Services -- Description of Shared Services
_________________________________________________

  Federal E-rate program for discounted telephone services                 
  Alliance for Competitive Energy Services (ACES) for Gas and Electric     
  Transportation Jointures with Atlantic County Special Services and       
  Ventnor School Districts                                                 
  School Lunch Program with Mainland Regional School District              
  School Alliance Insurance Fund for insurances other than health          
  Atlantic County Schools & Libraries for internet service                 
  Teacher inservice with Ventnor, Mullica, Brigantine, Absecon & Greenbank 
                                                                           

                              ATLANTIC  -  MARGATE CITY

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       10,173,118 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 )         3,361,487,250 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.3026 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              10,173,118 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 )         3,361,487,250 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.3026 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       10,173,118 (G)
Estimated Equalized Valuation (as of 10/01/2007 )           3,981,194,845 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.2555 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              10,173,118 (J)
Estimated Equalized Valuation (as of 10/01/2007 )           3,981,194,845 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.2555 (L)