03/09/2011                                           ATLANTIC  -  MARGATE CITY

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2009         October 15, 2010         October 15, 2011
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                       512                      468                      465





      Pupils on Roll - Special Full-Time                      64                       49                       43


      Subtotal - Pupils On Roll                               576                      517                      508
      Private School Placements                                2                        2                        2



      Pupils Sent to Other Districts-Reg Prog                120                      114                      118

      Pupils Sent to Other Dists-Spec Ed Prog                 13                       17                       19

      Pupils Received                                         85                       70                       65

      Pupils in State Facilities                               1                        2                        2
 


                                                      ATLANTIC - MARGATE CITY

                                                      Advertised Revenues

      Budget Category                                        Account             2009-10          2010-11          2011-12
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                     902,912          668,217

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                 9,987,118       10,536,409       10,536,409
      Tuition                                               10-1300                   902,276          786,724          666,498
      Unrestricted Miscellaneous Revenues                   10-1XXX                   228,213           80,000          363,825
      SUBTOTAL                                                                     11,117,607       11,403,133       11,566,732

      Revenues from State Sources:                                         
      Extraordinary Aid                                     10-3131                                      6,963
      Other State Aids                                      10-3XXX                                     21,300
      Categorical Special Education Aid                     10-3132                   278,914          252,824          294,507
      Categorical Security Aid                              10-3177                    28,124                            44,092
      Adjustment Aid                                        10-3178                   288,304
      Categorical Transportation Aid                        10-3121                    91,155                            50,975
      SUBTOTAL                                                                        686,497          281,087          389,574

      Revenues from Federal Sources:                                       
      Education Jobs Fund                                   18-4522                                                      31,012
      SUBTOTAL                                                                                                           31,012
      Adjustment for Prior Year Encumbrances                                                             7,392
      Actual Revenues (Over)/Under Expenditures                                       861,719
      TOTAL OPERATING BUDGET                                                       12,665,823       12,594,524       12,655,535
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                    27,669

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416               36,809           32,801           27,880
      I.D.E.A. Part B (Handicapped)                         20-4420-4429              239,471          167,879          142,695
      Other                                                 20-4XXX                    34,366           27,559           23,425
      TOTAL REVENUES FROM FEDERAL SOURCES                                             310,646          228,239          194,000
      TOTAL GRANTS AND ENTITLEMENTS                                                   338,315          228,239          194,000
      TOTAL REVENUES/SOURCES                                                       13,004,138       12,822,763       12,849,535
                                                      ATLANTIC - MARGATE CITY

                                                   Advertised Appropriations

                Budget Category                                Account          2009-10          2010-11         2011-12 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX          3,528,044        3,450,629        3,289,202
      Special Education                                     11-2XX-100-XXX            417,950          510,825          587,403
      Basic Skills/Remedial                                 11-230-100-XXX            175,741          162,825          165,468
      Bilingual Education                                   11-240-100-XXX             28,025           36,575           37,271
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX             43,503           20,700           28,625
      School Sponsored Athletics                            11-402-100-XXX             27,175           19,093           22,175
      Summer School                                         11-422-XXX-XXX                               6,188            5,525
      Support Services:
      Tuition                                               11-000-100-XXX          2,892,861        2,411,564        2,374,810
      Attendance and Social Work Services                   11-000-211-XXX             41,200           42,280           42,914
      Health Services                                       11-000-213-XXX            239,916          183,241          184,805
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217            353,782          339,715          353,496
      Child Study Teams                                     11-000-219-XXX            207,366          235,299          247,142
      Improvement of Instructional Services                 11-000-221-XXX            156,599           94,821           94,722
      Educational Media Services - School Library           11-000-222-XXX            233,557          268,082          313,190
      General Administration                                11-000-230-XXX            503,004          401,352          454,334
      School Administration                                 11-000-240-XXX            238,702          186,012          176,711
      Central Svcs & Admin Info Technology                  11-000-25X-XXX            159,844          208,231          201,237
      Operation and Maintenance of Plant Services           11-000-26X-XXX          1,346,054        1,426,725        1,355,208
      Student Transportation Services                       11-000-270-XXX            296,476          369,292          400,188
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX          1,565,353        1,853,747        1,912,708
      Food Services                                         11-000-310-XXX             83,717           84,313           78,928
      Total Support Services Expenditures                                           8,318,431        8,104,674        8,190,393
      TOTAL GENERAL CURRENT EXPENSE                                                12,538,869       12,311,509       12,326,062

      CAPITAL EXPENDITURES
      Equipment                                             12-XXX-XXX-73X             63,937           12,202          104,900
      Facilities Acquisition and Construction Services      12-000-4XX-XXX                             158,218           43,645
      TOTAL CAPITAL EXPENDITURES                                                       63,937          170,420          148,545
      Transfer of Funds to Charter Schools                  10-000-100-56X             63,017          112,595          180,928
      OPERATING BUDGET GRAND TOTAL                                                 12,665,823       12,594,524       12,655,535

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX             27,669
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX             36,809           32,801           27,880
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX            239,471          167,879          142,695
      Other Special Projects                                20-XXX-XXX-XXX             34,366           27,559           23,425
      Total Federal Projects                                                          310,646          228,239          194,000
      TOTAL GRANTS AND ENTITLEMENTS                                                   338,315          228,239          194,000
      Total Expenditures                                                           13,004,138       12,822,763       12,849,535

      DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
                                                            11-1XX-100-930
      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                                          13,004,138       12,822,763       12,849,535
 

                                                      ATLANTIC  -  MARGATE CITY

                                          Advertised Recapitulation of Balance

                                                              Audited               Audited              Estimated             Estimated
                                                              Balance               Balance               Balance               Balance
      Budget Category                                        6/30/2009             6/30/2010             6/30/2011             6/30/2012

      Unassigned:
        General Operating Budget                               874,421               981,172               371,181               250,056
        Repayment of Debt                                            0                     0                     0                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                          0                     0                     0                     0
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                 25,000                     0                     0                     0
            Legal Reserve                                    1,393,053               722,148               547,092                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                  250,000                     0                     0                     0
         Restricted for Repayment of Debt                            0                     0                     0                     0
 



                                                      ATLANTIC  -  MARGATE CITY

                                               Advertised Per Pupil Cost Calculations

                                                     2011 - 2012

                                                    2008-09        2009-10           2010-11       2010-11       2011-2012
                                                     Actual         Actual           Original      Revised       Proposed
                                                                                      Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            (2)              (3)           (4)            (5)

Total Comparative Per Pupil Cost                           15247           16200          18875          18290          18551
Total Classroom Instruction                                 8722            9063          10732          10491          10515
Classroom-Salaries and Benefits                             8281            8702          10183           9992          10073
Classroom-General Supplies and Textbooks                     437             359            547            498            440
Classroom-Purchased Services and Other                         3               2              2              2              2
Total Support Services                                      2443            2654           2936           2850           3070
Support Services-Salaries and Benefits                      1950            2408           2574           2462           2592
Total Administrative Costs                                  1741            1833           1740           1719           1719
Administration-Salaries and Benefits                        1449            1536           1387           1335           1347
Legal Costs                                                    0              80            106            116            114
Total Operations and Maintenance of Plant                   2021            2344           3166           2948           2942
Operations & Maintenance of Plant-Salary & Ben.                0              12             36            774           1118
Total Food Services Costs                                    191             146            177            163            155
Total Extracurricular Costs                                  117             146            102             98            127
Total Equipment Costs                                         57             111              0             24            206
Employee Benefits as a % of Salaries                        22.7            26.9           34.7           32.2           32.6


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2011 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 2010-11 revised appropriations and 2011-12 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               11-12 Amount           Description of circumstances
                Approp. Due to    

    00253   Solar Renewalable Energy               285,000       SRECs netted to energy cost prior years 


Total Unusual Revenues: 
                             285,000                   Total Unusual Appropriations:               0

                              ATLANTIC  -  MARGATE CITY

Shared Services -- Description of Shared Services
_________________________________________________

  Federal E-rate program for discounted telephone service                  
  Participation in Xtel communications consortium                          
  Alliance for Competitive Energy Services (ACES) for electric and gas heat
  Transportation Jointures with Ventnor School District                    
  Transportation Jointures with Atlantic County Special Services           
  School Lunch Program with Ventnor School District                        
  School Alliance Insurance Fund for other than health                     
  Federal E-rate program for discounted internet service                   
  Purchase of diesel fuel and gasoline through the City of Margate         
  Snow removal of the district parking lots through the City of Margate    
  Speech Services with Northfield School District                          
  Dental insurance through a consortsium of several area schools           
  Trash and water through the City of Margate                              

                              ATLANTIC  -  MARGATE CITY

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 11-12 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       10,536,409 (A)
Estimated Net Taxable Valuation (as of 10/01/2010 )         3,456,806,629 (B)
Estimated 11-12 General Fund School Tax Rate=(A)/(B)X100           0.3048 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              10,536,409 (D)
Estimated Net Taxable Valuation (as of 10/01/2010 )         3,456,806,629 (E)
Estimated 11-12 Total School Tax Rate=(D)/(E)X100                  0.3048 (F)


B. Estimated 11-12 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       10,536,409 (G)
Estimated Equalized Valuation (as of 10/01/2010 )           4,016,098,314 (H)
Estimated 11-12 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.2624 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              10,536,409 (J)
Estimated Equalized Valuation (as of 10/01/2010 )           4,016,098,314 (K)
Estimated 11-12 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.2624 (L)

                              ATLANTIC  -  MARGATE CITY
 17. Salaries and Benefits of Certain District Employees

 Name                                   Susan E. Palaia          
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                      91,709
 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              06/30/2011
   Annual Work Days                     261
   Annual Vacation Days                  20
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                12
   Description-Other Non-working Days   Family Illness Days           

 Benefits:
 Allowances                                 1,455
 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                                                     
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   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                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                              ATLANTIC  -  MARGATE CITY
 17. Salaries and Benefits of Certain District Employees

 Name                                   Theresa DeFranco         
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     133,875
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2009
   Ending Date of Contract              06/30/2012
   Annual Work Days                     261
   Annual Vacation Days                  20
   Annual Sick Days                      14
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 0
   Description-Other Non-working Days   Family Illness Days           

 Benefits:
 Allowances                                 2,140
 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                                                     
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   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