1. 03/24/111 Bedminster Township School 2011-2012 Budget Presentation Bedminster Board of Education Louis Casella Jr., President Emily Caspersen, Vice President Jason Anagnostis Judy Creelman Lisa Cunningham Julie Goetz Brian Haggerty Caitlyn Parker Venkat Patla Andrew Rinko, Superintendent Philip Acosta, School Business Administrator

2. 03/24/112 Bedminster Township School District 2011-2012 Budget Program Comparison 2011-12 / 2010-11 *Includes District Legal Costs, District Workers’ Compensation Insurance, Superintendent’s Office Staff, School Business Office Staff, Principal’s Office Staff, School Receptionists, Mandatory State Dues

3. 03/24/113 Bedminster Township School District 2010-2011 Budget How We Intend to Spend Our Funds

4. 03/24/114 Bedminster Township School District 2011-2012 Budget Highlighted Cost Savings Administration Cost Reductions$116,724 High School Resource Room Charges$ 95,000 Transportation Routes – Savings from Negotiations$ 87,075 Energy Savings $ 24,765 Co-curricular & Athletic$ 6,840 Ins–Risk/Workers’ Comp (Discount/Savings) $ 22,461 Friday Folder/Electronic Board Packets Annual Savings$ 11,000 $363,865

5. 03/24/115 Bedminster Township School District 2011-2012 Budget Budgeted High School Costs High School Tuition$3,881,092 Resource Center$ 491,492 Special Education/Out-of-District Tuition$ 351,896 High School Transportation$ 300,299 High School Legal Fees (Estimated)$ 5,000 Total$5,029,779 2010-2011 BHS Tuition Per Pupil = $17,583 * 2011-2012 BHS Tuition Per Pupil = $16,948 * tuition increase per pupil $ 635 % tuition decrease 3.61% 2010-2011 Projected Enrollment for Grades 9-12 = 230 2011-2012 Projected Enrollment for Grades 9-12 = 257.5 * Does not include Transportation, Out-of-District Placements, Evaluations, Legal

6. 03/24/116 Bedminster Township School District 2011-2012 % of Total Current Budget Revenue Source 2011-20122010-20112009-2010 2.49%State Aid Special Education Extraordinary Aid $391,995$314,762$1,030,850 1.32%Grants$208,562$218,801$476,030 2.63%Other Revenue (Interest/Tuition/Tax Relief) $179,756$425,932$189,376 93.56%Local Property Tax (Includes Debt Service) $14,729,574$14,839,369$15,057,395 Total Revenues$15,744,257$15,798,864$16,753,651 Revenue Sources

7. 03/24/117 Bedminster Township School District 2011-2012 Budget

8. 03/24/118 Bedminster Township School District 2011-2012 Budget Tax Implications 2011-2012 School Tax Impact on Homeowner FY 2011-12$595.17Per $100,000 FY 2010-11$594.95Per $100,000 Average Price of Home in Bedminster in 2011 = $418,825 Average School Tax for 2011-2012 $2,492.72 Average Price of Home in Bedminster in 2010 = $417,061 Average School Tax for 2010-2011 $2,481.32 Total Net Annual Increase $ 136.80 Average Tax Rate Over the Last 4 Years =.5824 Total Ratables for 2011 = $2,322,920,777 Total Ratables for 2010 = $2,342,169,138

9. 03/24/119 Bedminster Township School District 2011-2012 Budget Taxes per $100,000

10. 03/24/1110 Bedminster Township School District 2011-2012 Budget Direct Tax Relief (Surplus in excess of 2%) Property Tax Relief: 2009-2010$ 51,973 Past 5 Years: Direct Property Tax Relief$898,622