BERGEN Advertised Enrollments CLIFFSIDE PARK BORO

BERGEN Advertised Enrollments CLIFFSIDE PARK BORO ENROLLMENT CATEGORIES October 14, 2012 Actual October 15, 2013 Actual October 15, 2014 Estimated Pupils On Roll Regular Full-Time 2,448 2,488 2,494 Pupils On Roll Regular Shared-Time 1 0 0 Pupils On Roll - Special Full-Time 407 418 418 Pupils On Roll - Special Shared-Time 3 2 2 Subtotal - Pupils On Roll 2,859 2,908 2,914 Private School Placements 6 8 8 Pupils Sent to Other Dists-Spec Ed Prog 17 25 25 Pupils Received 444 444 443 Pupils in State Facilities 1 0 0 2014-15 User Friendly Budget Summary Page 1 of 16 Generated on April 16, 2014

BERGEN Advertised Revenues CLIFFSIDE PARK BORO Budget Category Operating Budget: Revenues from Local Sources: Account 2012-13 Actual 2013-14 Revised 2014-15 Anticipated Local Tax Levy 10-1210 28,419,932 28,988,330 29,753,765 Total Tuition 10-1300 6,714,158 5,843,886 5,733,036 Transportation Fees From Other LEAS 10-1420-1440 275,639 308,462 275,787 Unrestricted Miscellaneous Revenues 10-1XXX 379,993 120,000 17,400 Interest Earned On Capital Reserve Funds 10-1XXX 59 3,000 1,200 Subtotal - Revenues From Local Sources 35,789,781 35,263,678 35,781,188 Revenues from State Sources: Categorical Transportation Aid 10-3121 31,909 32,152 32,152 Extraordinary Aid 10-3131 286,845 230,000 250,000 Categorical Special Education Aid 10-3132 1,345,088 1,350,696 1,350,696 Equalization Aid 10-3176 1,561,163 1,544,866 1,544,866 Categorical Security Aid 10-3177 348,290 358,736 358,736 Other State Aids 10-3XXX 0 268,344 317,464 Subtotal - Revenues From State Sources 3,573,295 3,784,794 3,853,914 Revenues from Federal Sources: Medicaid Reimbursement 10-4200 75,357 58,200 61,337 Subtotal - Revenues From Federal Sources 75,357 58,200 61,337 Budgeted Fund Balance - Operating Budget 10-303 0 1,927,738 2,386,682 Withdraw From Cap Res-Excess Cost & Oth Cap Prj 10-309 0 360,000 1,862,500 Adjustment For Prior Year Encumbrances 0 1,912,978 0 Actual Revenues (Over)/Under Expenditures -3,761,522 0 0 Total Operating Budget 35,676,911 43,307,388 43,945,621 Grants and Entitlements: Other Revenue From Local Sources 20-1xxx 27,061 2,009 0 2014-15 User Friendly Budget Summary Page 2 of 16 Generated on April 16, 2014

BERGEN Advertised Revenues CLIFFSIDE PARK BORO Budget Category Account 2012-13 Actual 2013-14 Revised 2014-15 Anticipated Total Revenues From Local Sources 20-1XXX 27,061 2,009 0 Revenues from State Sources: Preschool Education Aid 20-3218 279,172 338,476 302,736 Other Restricted Entitlements 20-32XX 780 1,369 1,028 Total Revenues From State Sources 279,952 339,845 303,764 Revenues from Federal Sources: Title I 20-4411-4416 542,089 533,906 297,733 Title II 20-4451-4455 90,110 65,783 46,187 Title III 20-4491-4494 115,087 79,620 50,798 I.D.E.A. Part B (Handicapped) 20-4420-4429 522,997 427,090 391,500 Other 20-4XXX 445,361 0 0 Total Revenues From Federal Sources 1,715,644 1,106,399 786,218 Total Grants And Entitlements 2,022,657 1,448,253 1,089,982 Repayment of Debt: Revenues from Local Sources: Local Tax Levy 40-1210 420,186 423,870 421,929 Total Revenues From Local Sources 420,186 423,870 421,929 Revenues from State Sources: Debt Service Aid Type II 40-3160 4,577 4,617 4,596 Budgeted Fund Balance 40-303 0 1 0 Total Local Repayment Of Debt 424,763 428,488 426,525 Total Repayment Of Debt 424,763 428,488 426,525 Total Revenues/Sources 38,124,331 45,184,129 45,462,128 Total Revenues/Sources Net of Transfers 38,124,331 45,184,129 45,462,128 2014-15 User Friendly Budget Summary Page 3 of 16 Generated on April 16, 2014

BERGEN Advertised Appropriations CLIFFSIDE PARK BORO Budget Category Account 2012-13 Actual 2013-14 Revised 2014-15 Anticipated General Current Expense: Instruction: Regular Programs - Instruction 11-1XX-100-XXX 13,101,217 14,321,259 14,775,407 Special Education - Instruction 11-2XX-100-XXX 3,594,285 3,425,619 3,755,405 Bilingual Education - Instruction 11-240-100-XXX 630,857 805,075 868,300 School-Spon. Co/Extra Curr. Actvts. - Inst 11-401-100-XXX 146,055 252,800 194,425 School-Sponsored Athletics - Instruction 11-402-100-XXX 444,209 451,730 520,333 Support Services: Undistributed Expenditures - Instruction (Tuition) 11-000-100-XXX 1,660,412 3,130,482 3,504,536 Undist. Expenditures - Health Services 11-000-213-XXX 384,998 395,659 538,417 Undist. Expend.-Speech, OT, PT And Related Svcs 11-000-216-XXX 343,670 360,700 418,200 Undist. Expenditures - Guidance 11-000-218-XXX 929,891 940,457 974,290 Undist. Expenditures - Child Study Teams 11-000-219-XXX 1,517,710 2,114,684 2,175,967 Undist. Expend.-Edu. Media Serv./Library 11-000-222-XXX 223,749 282,725 220,592 Undist. Expend.-Instr. Staff Training Serv. 11-000-223-XXX 29,011 110,018 110,000 Undist. Expend.-Support Serv.-Gen. Admin. 11-000-230-XXX 1,126,401 1,289,550 1,180,188 Undist. Expend.-Support Serv.-School Admin. 11-000-240-XXX 1,411,946 1,412,703 1,410,667 Undist. Expend. - Central Services 11-000-251-XXX 383,252 375,685 361,741 Undist. Expend. - Admin. Info Technology 11-000-252-XXX 253,569 484,500 422,000 Undist. Expend.-Oper. And Maint. Of Plant Serv. 11-000-26X-XXX 2,382,366 2,524,576 2,361,585 Undist. Expend.-Student Transportation Serv. 11-000-270-XXX 928,143 1,008,492 967,634 Personal Services - Employee Benefits 11-XXX-XXX-2XX 6,001,160 7,625,413 7,167,433 Total Undistributed Expenditures 17,576,278 22,055,644 21,813,250 Total General Current Expense 35,492,901 41,312,127 41,927,120 Capital Expenditures: Equipment 12-XXX-XXX-730 0 269,685 95,000 Facilities Acquisition And Const. Serv. 12-000-400-XXX 132,475 1,670,011 1,869,301 Interest Deposit To Capital Reserve 10-604 0 3,000 1,200 2014-15 User Friendly Budget Summary Page 4 of 16 Generated on April 16, 2014

BERGEN Advertised Appropriations CLIFFSIDE PARK BORO Budget Category Account 2012-13 Actual 2013-14 Revised 2014-15 Anticipated Total Capital Outlay 132,475 1,942,696 1,965,501 Transfer Of Funds To Charter Schools 10-000-100-56X 51,535 52,565 53,000 General Fund Grand Total 35,676,911 43,307,388 43,945,621 Special Grants and Entitlements: Local Projects 20-XXX-XXX-XXX 27,061 2,009 0 Preschool Education Aid: PEA Instruction 20-218-100-XXX 246,729 281,385 241,000 Support Services 20-218-200-XXX 32,443 57,091 61,736 Total Preschool Education Aid 20-218-XXX-XXX 279,172 338,476 302,736 Other State Projects: Nonpublic Textbooks 20-XXX-XXX-XXX 225 494 371 Nonpublic Nursing Services 20-XXX-XXX-XXX 308 695 522 Nonpublic Technology Initiative 20-XXX-XXX-XXX 247 180 135 Total Other State Projects 780 1,369 1,028 Total State Projects 20-XXX-XXX-XXX 279,952 339,845 303,764 Federal Projects: Title I 20-XXX-XXX-XXX 542,089 533,906 297,733 Title II 20-XXX-XXX-XXX 90,110 65,783 46,187 Title III 20-XXX-XXX-XXX 115,087 79,620 50,798 I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 522,997 427,090 391,500 Other 20-XXX-XXX-XXX 445,361 0 0 Total Federal Projects 20-XXX-XXX-XXX 1,715,644 1,106,399 786,218 Total Special Revenue Funds 2,022,657 1,448,253 1,089,982 Repayment of Debt: Total Regular Debt Service 40-701-510-XXX 424,763 428,488 426,525 Total Debt Service Funds 424,763 428,488 426,525 Total Expenditures/Appropriations 38,124,331 45,184,129 45,462,128 Total Expenditures Net of Transfers 38,124,331 45,184,129 45,462,128 2014-15 User Friendly Budget Summary Page 5 of 16 Generated on April 16, 2014

BERGEN Advertised Recapitulation of Balances CLIFFSIDE PARK BORO Unrestricted: Budget Category Audited Balance 6-30-2012 Audited Balance 6-30-2013 Estimated Balance 6-30-2014 Estimated Balance 6-30-2015 --General Operating Budget 1,325,279 1,605,503 592,496 592,496 --Repayment of Debt 1 1 0 0 Restricted for Specific Purposes- General Operating Budget: --Capital Reserve 1,719,127 2,569,187 2,212,187 350,887 --Adult Education Programs 0 0 0 0 --Maintenance Reserve 0 0 0 0 --Legal Reserve 2,337,370 3,301,413 2,536,682 150,000 --Tuition Reserve 0 0 0 0 --Current Expense Emergency Reserve 0 0 0 0 Repayment of Debt: --Restricted for Repayment of Debt 0 0 0 0 2014-15 User Friendly Budget Summary Page 6 of 16 Generated on April 16, 2014

BERGEN Advertised Per Pupil Cost Calculations CLIFFSIDE PARK BORO Per Pupil Cost Calculations 2011-12 Actual Costs 2012-13 Actual Costs 2013-14 Original Budget 2013-14 Revised Budget 2014-15 Proposed Budget Total Budgetary Comparative Per Pupil Cost $12,295 $11,647 $12,567 $12,909 $12,981 Total Classroom Instruction $8,131 $7,676 $8,162 $8,332 $8,507 Classroom-Salaries and Benefits $7,677 $7,245 $7,681 $7,819 $8,054 Classroom-General Supplies and Textbooks $277 $246 $238 $254 $179 Classroom-Purchased Services $176 $184 $243 $260 $274 Total Support Services $1,530 $1,460 $1,691 $1,772 $1,821 Support Services-Salaries and Benefits $1,181 $1,172 $1,268 $1,287 $1,259 Total Administrative Costs $1,447 $1,261 $1,400 $1,451 $1,368 Administration Salaries and Benefits $1,129 $995 $1,006 $1,021 $969 Total Operations and Maintenance of Plant $908 $942 $952 $983 $911 Operations and Maintenance-Salaries and Benefits $544 $499 $474 $481 $453 Board Contribution to Food Services $0 $0 $0 $0 $0 Total Extracurricular Costs $203 $248 $290 $296 $297 Total Equipment Costs $0 $0 $51 $93 $33 Legal Costs $13 $12 $17 $16 $26 Employee Benefits as a percentage of salaries* 35.25% 25.56% 30.89% 30.83% 27.82% *Does not include pension and social security paid by the State on-behalf of the district. **Federal and State funds in the blended resource school-based budgets. The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the Taxpayers' Guide to Education Spending (formerly the Comparative Spending Guide) and can be found on the Department of Education's Internet website: http://www.state.nj.us/education/guide/. This publication is also available in the board office and public libraries. The same calculations were performed using the 2013-14 revised appropriations and the 2014-15 budgeted appropriations presented in this advertised budget. Total Budgetary 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. 2014-15 User Friendly Budget Summary Page 7 of 16 Generated on April 16, 2014

BERGEN Unusual Revenues and Appropriations CLIFFSIDE PARK BORO Item Line Number Source Amount Explanation 1 765 nonpublic textbook 371.00 nonpublic textbook 1 300 interest income 2400.00 interest income 1 500 other state aid 268344.00 Under Adequacy Aid 1 150 Tution Revenue 5637518.00 Tuition revenue from Fairview and others 2 765 nonpublic nursing 522.00 nonpublic nursing 2 300 Prior year tuition adjustments 15000.00 prior year tuition adjustments 2 500 other state aid 24560.00 PARCC Readiness Aid 3 765 nonpublic technology 135.00 nonpublic technology 3 500 other state aid 24560.00 Per Pupil Growth Aid 2014-15 User Friendly Budget Summary Page 8 of 16 Generated on April 16, 2014

BERGEN Shared Services CLIFFSIDE PARK BORO Shared Service Category Type Shared Service Category Description Amount Spent (Optional) Others District transports Fairview 0.00 2014-15 User Friendly Budget Summary Page 9 of 16 Generated on April 16, 2014

BERGEN Estimated Tax Rate Information CLIFFSIDE PARK BORO A. Estimated 14-15 School Tax Rate WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS (A) General Fund School Levy 29,371,048 (B) Estimated Net Taxable Valuation (as of 10/01/13) 2,736,419,565 (C) Estimated 14-15 General Fund School Tax Rate=(A)/(B)x100 1.0733 WITH REPAYMENT OF DEBT AND ADJUSTMENTS (D) Total School Levy 29,792,977 (E) Estimated Net Taxable Valuation (as of 10/01/13) 2,736,419,565 (F) Estimated 14-15 Total School Tax Rate=(D)/(E)x100 1.0888 ----------------------------------------------------------- B. Estimated 14-15 Equalized School Tax Rate WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS (G) General Fund School Levy 29,371,048 (H) Estimated Equalized Valuation (as of 10/01/13) 2,889,246,778 (I) Estimated 14-15 Equalized General Fund School Tax Rate=(G)/(H)x100 1.0166 WITH REPAYMENT OF DEBT AND ADJUSTMENTS (J) Total School Levy 29,792,977 (K) Estimated Equalized Valuation (as of 10/01/13) 2,889,246,778 (L) Estimated 14-15 Equalized Total School Tax Rate=(J)/(K)x100 1.0312 ----------------------------------------------------------- 2014-15 User Friendly Budget Summary Page 10 of 16 Generated on April 16, 2014

BERGEN Employee Contract List for District CLIFFSIDE PARK BORO NAME=Jenna Russo Job Title Coordinator/Director/Manager/Supervisor Job Title II Child Study Team Director Base Annual Salary Amount $107,500 Full-Time Equivalent (FTE) 1.0 Shared with Another District? N Shared County Shared District Job Title Other District Member of Collective Bargaining Unit (CBU)? N Beginning Date of Contract 07/01/13 End Date of Contract 06/30/14 Contracted Number of Annual Work Days 260 Contracted Number of Annual Vacation Days 22 Contracted Number of Annual Sick Days 12 Contracted Number of Annual Personal Days 4 Contracted Number of Annual Consulting Days 0 Number of Other Contracted Non-Working Days 0 Description of Other Contracted Non-Working Days Total Allowances Amount 0 Total Bonuses Amount 0 Total Stipends Amount 0 District Contributions Above Teacher Contract for Insurance (Health, Dental, Life, Other) 0 District Contributions Above Teacher Contract for Retirement Plans 0 Total Contractual Post-Employment Benefit Amount 0 Contractual Post-Employment Benefit Description of Payout of Sick days Contractual Post-Employment Benefit Description of Payout of Vacation days Contractual Post-Employment Benefit Description of Payout of Personal days Contractual Post-Employment Benefit Description of Other Benefits 1 Contractual Post-Employment Benefit Description of Other Benefits 2 Contractual Post-Employment Benefit Description of Other Benefits 3 2014-15 User Friendly Budget Summary Page 11 of 16 Generated on April 16, 2014

BERGEN Employee Contract List for District CLIFFSIDE PARK BORO NAME=Jenna Russo Total Other/In-Kind Remuneration Amount 0 Description of Other/In-Kind Remuneration Annual Option to Buyback Sick Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Vacation Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Personal Time in Cash Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 1 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 2 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 3 Additional Comment 1 Additional Comment 2 Additional Comment 3 NAME=Johnny Dominguez Job Title Coordinator/Director/Manager/Supervisor Job Title II Director of Information T Base Annual Salary Amount $80,900 Full-Time Equivalent (FTE) 1.0 Shared with Another District? N Shared County Shared District Job Title Other District Member of Collective Bargaining Unit (CBU)? N Beginning Date of Contract 07/01/13 End Date of Contract 06/30/14 Contracted Number of Annual Work Days 260 Contracted Number of Annual Vacation Days 20 Contracted Number of Annual Sick Days 12 Contracted Number of Annual Personal Days 4 Contracted Number of Annual Consulting Days 0 Number of Other Contracted Non-Working Days 0 2014-15 User Friendly Budget Summary Page 12 of 16 Generated on April 16, 2014

BERGEN Employee Contract List for District CLIFFSIDE PARK BORO NAME=Johnny Dominguez Description of Other Contracted Non-Working Days Total Allowances Amount 0 Total Bonuses Amount 700 Total Stipends Amount 1600 District Contributions Above Teacher Contract for Insurance (Health, Dental, Life, Other) 0 District Contributions Above Teacher Contract for Retirement Plans 0 Total Contractual Post-Employment Benefit Amount 10723 Contractual Post-Employment Benefit Description of Payout of Sick days Maximum per contract Contractual Post-Employment Benefit Description of Payout of Vacation days 20 days @ $311.16 Contractual Post-Employment Benefit Description of Payout of Personal days no payout Contractual Post-Employment Benefit Description of Other Benefits 1 Contractual Post-Employment Benefit Description of Other Benefits 2 Contractual Post-Employment Benefit Description of Other Benefits 3 Total Other/In-Kind Remuneration Amount 0 Description of Other/In-Kind Remuneration Annual Option to Buyback Sick Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Vacation Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Personal Time in Cash Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 1 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 2 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 3 Additional Comment 1 Additional Comment 2 Additional Comment 3 NAME=Louis Alfano Job Title Business Administrator Job Title II Base Annual Salary Amount $90,048 Full-Time Equivalent (FTE) 1.0 2014-15 User Friendly Budget Summary Page 13 of 16 Generated on April 16, 2014

BERGEN Employee Contract List for District CLIFFSIDE PARK BORO NAME=Louis Alfano Shared with Another District? N Shared County Shared District Job Title Other District Member of Collective Bargaining Unit (CBU)? N Beginning Date of Contract 07/01/13 End Date of Contract 06/30/14 Contracted Number of Annual Work Days 260 Contracted Number of Annual Vacation Days 20 Contracted Number of Annual Sick Days 12 Contracted Number of Annual Personal Days 4 Contracted Number of Annual Consulting Days 0 Number of Other Contracted Non-Working Days 0 Description of Other Contracted Non-Working Days Total Allowances Amount 1000 Total Bonuses Amount 0 Total Stipends Amount 0 District Contributions Above Teacher Contract for Insurance (Health, Dental, Life, Other) 0 District Contributions Above Teacher Contract for Retirement Plans 0 Total Contractual Post-Employment Benefit Amount 21927 Contractual Post-Employment Benefit Description of Payout of Sick days Maximum per contract Contractual Post-Employment Benefit Description of Payout of Vacation days 20 days @ $346 per diem Contractual Post-Employment Benefit Description of Payout of Personal days no payout Contractual Post-Employment Benefit Description of Other Benefits 1 Contractual Post-Employment Benefit Description of Other Benefits 2 Contractual Post-Employment Benefit Description of Other Benefits 3 Total Other/In-Kind Remuneration Amount 0 Description of Other/In-Kind Remuneration Annual Option to Buyback Sick Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Vacation Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Personal Time in Cash 2014-15 User Friendly Budget Summary Page 14 of 16 Generated on April 16, 2014

BERGEN Employee Contract List for District CLIFFSIDE PARK BORO NAME=Louis Alfano Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 1 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 2 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 3 Additional Comment 1 Additional Comment 2 Additional Comment 3 NAME=Michael J. Romagnino Job Title Superintendent Job Title II Base Annual Salary Amount $214,240 Full-Time Equivalent (FTE) 1.0 Shared with Another District? N Shared County Shared District Job Title Other District Member of Collective Bargaining Unit (CBU)? N Beginning Date of Contract 07/01/10 End Date of Contract 06/30/14 Contracted Number of Annual Work Days 260 Contracted Number of Annual Vacation Days 22 Contracted Number of Annual Sick Days 12 Contracted Number of Annual Personal Days 3 Contracted Number of Annual Consulting Days 0 Number of Other Contracted Non-Working Days 0 Description of Other Contracted Non-Working Days Total Allowances Amount 5416 Total Bonuses Amount 0 Total Stipends Amount 0 2014-15 User Friendly Budget Summary Page 15 of 16 Generated on April 16, 2014

BERGEN Employee Contract List for District CLIFFSIDE PARK BORO NAME=Michael J. Romagnino District Contributions Above Teacher Contract for Insurance (Health, Dental, Life, Other) 0 District Contributions Above Teacher Contract for Retirement Plans 0 Total Contractual Post-Employment Benefit Amount 33128 Contractual Post-Employment Benefit Description of Payout of Sick days Maximum allowed per contract Contractual Post-Employment Benefit Description of Payout of Vacation days 22 days @ $824 per diem Contractual Post-Employment Benefit Description of Payout of Personal days no payout Contractual Post-Employment Benefit Description of Other Benefits 1 Contractual Post-Employment Benefit Description of Other Benefits 2 Contractual Post-Employment Benefit Description of Other Benefits 3 Total Other/In-Kind Remuneration Amount 0 Description of Other/In-Kind Remuneration Annual Option to Buyback Sick Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Vacation Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Personal Time in Cash Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 1 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 2 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 3 Additional Comment 1 Additional Comment 2 Additional Comment 3 2014-15 User Friendly Budget Summary Page 16 of 16 Generated on April 16, 2014