03/26/2008                                              UNION  -  UNION TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                      6911                     6837                     6837
      Pupils on Roll Regular Shared-Time                      16                       24                       24

      Pupils on Roll - Special Full-Time                     943                      944                      944
      Pupils on Roll - Special Shared-Time                    42                       46                       46
      Private School Placements                               91                       86                       86

      Pupils Sent to Other Districts-Reg Prog                  1
      Pupils Sent to Other Dists-Spec Ed Prog                 89                       85                       85
      Pupils Received                                          3                        4                        5
      Pupils in State Facilities                              10                       11                       11
 


                                                         UNION - UNION TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                  5,118,203        6,721,639        6,789,549
      Budgeted Fund Bal - Deposit to Capital Reserve        10-303                    673,573                           750,000
      Withdrawal from Cap Res-for Local Share               10-307                  1,000,000                           450,000
      Withdraw from Cap Res-Excess Cost & Oth Cap Prj       10-309                                                    2,750,000
      Transfers from Other Funds                            10-5200                                                  17,000,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210                68,832,048       72,223,280       72,223,280
      Tuition                                               10-1300                   104,989           76,517           75,886
      Transportation Fees from Individuals                  10-1410                    15,653           27,448           23,213
      Interest Earned on Capital Reserve Funds              10-1XXX                    71,783           20,000          315,000
      Unrestricted Miscellaneous Revenues                   10-1XXX                 1,558,617        1,443,000        1,370,000
      SUBTOTAL                                                                     70,583,090       73,790,245       74,007,379

      Revenues from State Sources:                                         
      Core Curriculum Standards Aid                         10-3111                13,552,736       13,552,736
      Transportation Aid                                    10-3120                 1,246,989        1,246,989
      Special Education Aid                                 10-3130                 5,120,464        5,120,464
      Bilingual Education                                   10-3140                   287,112          287,112
      Stabilization Aid                                     10-3171                   446,901          446,901
      Extraordinary Aid                                     10-3131                   573,658                           969,157
      Consolidated Aid                                      10-3195                   878,199          878,199
      Additional Formula Aid                                10-3196                   672,834        1,365,853
      Other State Aids                                      10-3XXX                   688,008        1,005,720           48,440
      Categorical Special Education Aid                     10-3132                                                   4,261,043
      Equalization Aid                                      10-3176                                                  24,148,470
      Categorical Security Aid                              10-3177                                                   1,372,066
      Categorical Transportation Aid                        10-3121                                                     912,595
      SUBTOTAL                                                                     23,466,901       23,903,974       31,711,771
      Adjustment for Prior Year Encumbrances                                                         2,572,940
      Actual Revenues (Over)/Under Expenditures                                    -3,409,264
      TOTAL OPERATING BUDGET                                                       91,640,727      106,988,798      133,458,699
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                     9,985           91,237

      Revenues from State Sources:                                         
      Demonstrably Effect Prog Aid - Pr Year Carryover      20-3212                    88,471           79,444
      Demonstrably Effective Program Aid                    20-3212                   393,905          473,349
      Instructional Supplement Aid                          20-3214                   422,042          422,042
      Other Restricted Entitlements                         20-32XX                   333,965        1,401,353          361,773
      TOTAL REVENUES FROM STATE SOURCES                                             1,238,383        2,376,188          361,773

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416              410,480          390,019          331,516
      I.D.E.A. Part B (Handicapped)                         20-4420-4429            1,864,556        1,944,714        1,520,319
      Vocational Education                                  20-4430                    28,665           41,386           35,178
      Other                                                 20-4XXX                   576,881          565,969          518,386
      TOTAL REVENUES FROM FEDERAL SOURCES                                           2,880,582        2,942,088        2,405,399
      TOTAL GRANTS AND ENTITLEMENTS                                                 4,128,950        5,409,513        2,767,172
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                     357,503          144,833
      Transfers from Other Funds                            40-5200                   229,743

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                 2,546,935        2,354,249        2,267,313
      TOTAL REVENUES FROM LOCAL SOURCES                                             2,546,935        2,354,249        2,267,313

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   207,270          235,498          148,335
      TOTAL LOCAL REPAYMENT OF DEBT                                                 2,983,948        2,947,250        2,560,481
      Actual Revenues (Over)/Under Expenditures                                        19,809
      TOTAL REPAYMENT OF DEBT                                                       3,003,757        2,947,250        2,560,481
      TOTAL REVENUES/SOURCES                                                       98,773,434      115,345,561      138,786,352
                                                         UNION - UNION 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         31,046,879       32,063,093       36,043,688
      Special Education                                     11-2XX-100-XXX          6,256,708        6,826,944        7,324,427
      Basic Skills/Remedial                                 11-230-100-XXX            741,777          987,379        1,058,434
      Bilingual Education                                   11-240-100-XXX            615,434          646,925          687,790
      Vocational Programs - Local                           11-3XX-100-XXX             26,944           33,712           29,100
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX            211,584          309,178          328,813
      School Sponsored Athletics                            11-402-100-XXX            806,123          884,570          891,977
      Support Services:
      Tuition                                               11-000-100-XXX          9,187,463       11,006,781       10,965,458
      Attendance and Social Work Services                   11-000-211-XXX            191,024          209,826          192,535
      Health Services                                       11-000-213-XXX            753,522          857,250          885,878
      Students - Related & Extraordinary                    11-000-216,217          1,651,839        2,074,126        1,930,252
      Guidance                                              11-000-218-XXX          1,695,970        1,838,130        2,161,342
      Child Study Teams                                     11-000-219-XXX          1,784,656        2,005,306        2,024,721
      Improvement of Instructional Services                 11-000-221-XXX          1,651,896        1,811,656        1,979,690
      Educational Media Services - School Library           11-000-222-XXX            897,720        1,109,335        1,100,881
      Instructional Staff Training Services                 11-000-223-XXX             84,622          114,608          123,000
      General Administration                                11-000-230-XXX          2,166,753        2,920,291        2,892,670
      School Administration                                 11-000-240-XXX          3,172,739        3,695,341        3,651,342
      Central Svcs & Admin Info Technology                  11-000-25X-XXX          1,187,429        1,386,945        1,509,352
      Operation and Maintenance of Plant Services           11-000-26X-XXX          7,852,705       10,246,422       10,547,023
      Student Transportation Services                       11-000-270-XXX          4,743,595        5,735,994        6,132,442
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX         14,125,895       16,938,000       17,350,000
      Total Support Services Expenditures                                          51,147,828       61,950,011       63,446,586
      TOTAL GENERAL CURRENT EXPENSE                                                90,853,277      103,701,812      109,810,815

      CAPITAL EXPENDITURES
      Deposit to Capital Reserve                            10-604                                                   17,750,000
      Interest Earned on Capital Reserve                    10-604                                      20,000          315,000
      Equipment                                             12-XXX-XXX-73X            535,709        1,298,086          666,243
      Facilities Acquisition and Construction Services      12-000-4XX-XXX            251,741        1,940,713        1,700,000
      Capital Reserve-Transfer to Capital Expend Fund       12-000-4XX-931                                            3,200,000
      TOTAL CAPITAL EXPENDITURES                                                      787,450        3,258,799       23,631,243
      Transfer of Funds to Charter Schools                  10-000-100-56X                              28,187           16,641
      OPERATING BUDGET GRAND TOTAL                                                 91,640,727      106,988,798      133,458,699

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX              9,985           91,237
      Demonstrably Effective Program Aid:
      Instruction                                           20-212-100-XXX            218,150          213,351
      Support Services                                      20-212-200-XXX            264,226          339,442
      TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID                                        482,376          552,793
      Instructional Supplement Aid:
      Instruction                                           20-214-100-XXX            422,042          422,042
      TOTAL INSTRUCTIONAL SUPPLEMENT AID                                              422,042          422,042
      Other State Projects:
      Instruction                                           20-217-100-XXX                             745,530
      Support Services                                      20-217-200-XXX                             289,970
      TOTAL TARA USED TO SUPPORT PROGRAMS                                                            1,035,500
      Nonpublic Textbooks                                   20-XXX-XXX-XXX             31,913           30,796           30,796
      Nonpublic Auxiliary Services                          20-XXX-XXX-XXX            122,775          139,416          139,416
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX             95,594          126,984          126,984
      Nonpublic Nursing Services                            20-XXX-XXX-XXX             43,329           42,537           42,537
      Nonpublic Technology Initiative                       20-XXX-XXX-XXX             22,500           22,040           22,040
      Other Special Projects                                20-XXX-XXX-XXX             17,854            4,080
      Total State Projects                                                          1,238,383        2,376,188          361,773
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX            410,480          390,019          331,516
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX          1,864,556        1,944,714        1,520,319
      Vocational Education                                  20-XXX-XXX-XXX             28,665           41,386           35,178
      Other Special Projects                                20-XXX-XXX-XXX            576,881          565,969          518,386
      Total Federal Projects                                                        2,880,582        2,942,088        2,405,399
      TOTAL GRANTS AND ENTITLEMENTS                                                 4,128,950        5,409,513        2,767,172

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX          3,003,757        2,947,250        2,560,481
      TOTAL REPAYMENT OF DEBT                                                       3,003,757        2,947,250        2,560,481
      Total Expenditures                                                           98,773,434      115,345,561      138,786,352

      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                                          98,773,434      115,345,561      138,786,352

                                                         UNION  -  UNION 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                             8,106,946             3,094,481             3,894,481             2,088,317
        Repayment of Debt                                      522,145               502,336               144,833                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                    470,081               359,935               379,935            15,244,935
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                    6,246,364            12,455,024             5,733,385                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0                     0                     0
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                         UNION  -  UNION 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                            9462            9828          10973          11376          11859
Total Classroom Instruction                                 6381            6150           6655           6775           7235
Classroom-Salaries and Benefits                             6143            5878           6322           6393           6848
Classroom-General Supplies and Textbooks                     233             221            269            318            323
Classroom-Purchased Services and Other                         5              50             63             63             65
Total Support Services                                      1118            1375           1569           1645           1640
Support Services-Salaries and Benefits                       996            1238           1376           1429           1452
Total Administrative Costs                                   833             975           1091           1218           1212
Administration-Salaries and Benefits                         588             748            796            912            882
Total Operations and Maintenance of Plant                    996            1138           1423           1498           1530
Operations & Maintenance of Plant-Salary & Ben.              561             726            831            848            849
Total Food Services Costs                                                                                    0              0
Total Extracurricular Costs                                  135             147            172            176            179
Total Equipment Costs                                         19              68             95            166             85
Employee Benefits as a % of Salaries                        24.7            25.2           27.2           28.3           27.1


 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.

                                                        UNION  -  UNION TWP

                Unusual Revenues and Appropriations
                ___________________________________

Line Number   Revenue Source or               08-09 Amount           Description of circumstances
                Approp. Due to    

    00140   Sale of Channel C1                  17,000,000       No longer needed for public use.        
    07690   Sale of Channel C1                  17,000,000       Future facility acquisitions/renovations


Total Unusual Revenues: 
                          17,000,000                   Total Unusual Appropriations:      17,000,000

                                 UNION  -  UNION TWP

Shared Services -- Description of Shared Services
_________________________________________________

  Public Relations Consultant             Township of Union                
  Sharing of Recreational Fields          Township of Union                
  Television Station Channel 34           Township of Union                
  Recreation Dept Use of Schools          Township of Union                
  Plowing & Sweeping Services             Township of Union                
  Various purchased services, supplies    Morris County Cooperative        
  Various purchased services, supplies    Union County Cooperative         
  Energy Services - Electric              ACES                             
  Energy Services - Gas                   Union County Cooperative         
  Energy Fuel- Gasoline/Diesel            Union County Cooperative         
  Various-Prof Dev, Therapies             Morris Union Jointure Commission 

                                 UNION  -  UNION TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       72,223,280 (A)
Estimated Net Taxable Valuation (as of 01/01/2008 )         1,062,297,870 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           6.7988 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              74,490,593 (D)
Estimated Net Taxable Valuation (as of 01/01/2008 )         1,062,297,870 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  7.0122 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                       72,223,280 (G)
Estimated Equalized Valuation (as of 10/01/2008 )           7,708,983,091 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.9369 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              74,490,593 (J)
Estimated Equalized Valuation (as of 10/01/2008 )           7,708,983,091 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.9663 (L)