SCHOOL DISTRICT OF PEMBERTON TOWNSHIP

PEMBERTON BOARD OF EDUCATION Pemberton, New Jersey County of Burlington

COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2013

COMPREHENSIVE ANNUAL FINANCIAL REPORT

OF THE

PEMBERTON TOWNSHIP BOARD OF EDUCATION

PEMBERTON, NEW JERSEY

FOR THE FISCAL YEAR ENDED JUNE 30, 2013

Prepared by

Pemberton Township Board of Education Finance Department

OUTLINE OF CAFR

PAGE INTRODUCTORY SECTION Letter of Transmittal I Organizational Chart 7 Roster of Officials 8 Consultants and Advisors 9

FINANCIAL SECTION Independent Auditor's Report 10

REQUIRED SUPPLEMENTARY INFORMATION -PART I

Management's Discussion and Analysis 13

BASIC FINANCIAL STATEMENTS

A. District-wide Financial Statements: A-I Statement of Net Position 19 A-2 Statement of Activities 20

B. Fund Financial Statements: B-1 Balance Sheet 22 B-2 Statement of Revenues, Expenditures & Changes in Fund Balances 23 B-3 Reconciliation of the Statement of Revenues, Expenditures & Changes in Fund Balances of Govermnental Funds to the Statement of Activities 24 Proprietary Funds: B-4 Statement of Net Position 25 B-5 Statement of Revenues, Expenditures & Changes in Fund Net Position 26 B-6 Statement of Cash Flows 27 Fiduciary Funds: B-7 Statement of Fiduciary Net Position 28 B-8 Statement of Changes in Fiduciary Net Position 29

Notes to Financial Statements 30

REQUIRED SUPPLEMENTARY INFORMATION -PART II

C. Budgetary Comparison Schedules: C-l Budgetary Comparison Schedule - General Fund 52 C-l a Combining Schedule Comparison Schedule - General Fund (if applicable) 67 C-l b Education Jobs Fund Program - Budget & Actual (if applicable) 79 (continued) OUTLINE OF CAFR (continued):

PAGE C. Budgetary Comparison Schedules (continued): C-2 Budgetary Comparison Schedule - Special Revenue Fund 80 Notes to the Required Supplementary Information C-3 Budget-to-GAAP Reconciliation 82

D. School Based Budget Schedules (if applicable): D-l Combining Balance Sheet 83 D-2 Blended Resource Fund - Schedule of Expenditures Allocated by Resource Type - Actual 84 D-3 Blended Resource Fund - Schedule of Blended Expenditures- Budget and Actual 96

E. Special Revenue Fund: E-l Combining Schedule of Revenues & Expenditures Special Revenue Fund - Budgetary Basis 142 E-2 Preschool Education Aid Schedule(s) of Expenditures - Budgetary Basis 145

F. Capital Projects Fund: F-l Summary Schedule of Project Expenditures 146 F-2 Summary Schedule of Revenues, Expenditures and Changes in Fund Balance - Budgetary Basis 147 F-2a Schedule of Revenues, Expenditures Project Balance & Project Status­ Classroom Addition to the Fort Dix Elementary School 148 F-2b Schedule of Revenues, Expenditures Project Balance & Project Status­ High School Security System & Connection of Well System Generator 149

G. Proprietary Funds: Enterprise Fund: G-l Combining Schedule of Net Position 150 G-2 Combining Schedule of Revenues, Expenses & Changes in Fund Net Position 151 G-3 Combining Schedule of Cash Flows 152 Internal Service Fund: G-4 Comparative Schedule of Net Position - Workmen's Compensation 153 G-5 Comparative Schedule of Revenues, Expenses & Changes in Fund Net Position 154 G-6 Comparative Schedule of Cash Flows 155

H. Fiduciary Funds: H-l Combining Statement of Fiduciary Net Position 156 H-2 Combining Statement of Changes in Fiduciary Net Position 157 H-3 Student Activity Agency Fund Schedule of Receipts & Disbursements 158 H-4 Payroll Agency Fund Schedule of Receipts & Disbursements 158 (continued) OUTLINE OF CAFR (continned):

PAGE I. Long-Term Debt: I-I Schedule of Serial Bonds N/A 1-2 Schedule of Obligations Under Capital Leases N/A 1-3 Debt Service Fund Budgetary Comparison Schedule N/A

STATISTICAL SECTION (unaudited) Financial Trends: J -I Net Position by Component 159 J-2 Changes in Net Position 160 J -3 Fund Balances - Governmental Funds 163 J -4 Changes in Fund Balances - Governmental Funds 164 J-5 General Fnnd Other Local Revenue by Source 166 Revenue Capacity: J-6 Assessed Value & Estimated Actual Value of Taxable Property 167 J-7 Direct & Overlapping Property Tax Rates 168 J-8 Principal Property Taxpayers 169 J-9 Property Tax Levies & Collections 170 Debt Capacity: J -10 Ratios of Outstanding Debt by Type 170 J-l1 Ratios of General Bonded Debt Outstanding 170 J-12 Direct & Overlapping Governmental Activities Debt 171 J -13 Legal Debt Margin Information 172 Demographic & Economic Information: J -14 Demographic & Economic Statistics 173 J -15 Principal Employers N/A Operating Information: J-16 Fnll-Time Equivalent District Employees by Function/Program 174 J-17 Operating Statistics . 175 J-18 School Bnilding Information 176 J -19 Schedule of Reqnired Maintenance 177 J -20 Insurance Schedule 178

K SINGLE AUDIT SECTION

K-I Report on Compliance and on Internal Control Over Financial Reporting and Other Matters Based on an Audit of Financial Statements Performed in Accordance With Government Auditing Standards 179 K-2 Report on Compliance with Requirements Applicable to Each Major Program and on Internal Control Over Compliance in Accordance with OMB Circular A-I33 and New Jersey OMB Circular Letter 04-04 181 K-3 Schedule of Expenditures of Federal Awards, Schedule A 184 K-4 Schedule of Expenditures of State Financial Assistance, Schedule B 186 K-5 Notes to Schedules of Awards and Financial Assistance 187 K-6 Schedule of Findings and Questioned Costs 189 K-7 Summary Schedule of Prior Audit Findings 191 (concluded) I I

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I I INTRODUCTORY SECTION

° ~~~~Ie States Accre:G;;;; 00

You can get thet'e from here! PEMBERTON TOWNSHIP SCHOOLS ______00. ___ ._0 ______0_

PAT AUSTIN MICHAEL R. GORMAN, ED.D. Business Administrator, Board Secretary Superintendent JAMES J. FLANAGAN Assistant Business Administrator November 20,2013

Honorable President and Members of the Board of Education Pemberton Township School District County of Burlington, New Jersey

Dear Board Members;

The comprehensive annual financial report of the Pemberton Township School District for the fiscal year ended June 30, 2013, is hereby submitted. Responsibility for both the accuracy of the data and completeness and fairness of the presentation, including all disclosures, rests with the management of the Board of Education (Board). To the best of our knowledge and belief, the data presented in this report is accurate in all material respects and is reported in a manner designed to present fairly the fmancial position and results of operations of the various funds and account groups of the District. All disclosures necessary to enable the reader to gain an understanding of the District's financial activities have been included.

The comprehensive arrnual financial report is presented in four sections: introductory, financial, statistical and single audit. The introductOlY section includes this transmittal letter, the District's organizational chart and a list of principal officials. The financial section includes the basic fmancial statements and schedules, as well as the auditor's report thereon. The statistical section includes selected financial and demographic information, generally presented on a multi-year basis. The District is required to undergo an annual single audit in conformity with the provisions of the U.S. Office of Management and Budget Circular A-133, "Audits of States, Local Governments and Non profit Organizations," and the State Treasmy Circular Letter 04-04, "Single Audit Policy for Recipients of Federal Grants, State Grants and State Aid," Information related to this single audit, including the auditor's report on the internal control structure and compliance with applicable laws and regulations and findings and recommendations are included in the single audit section of this report.

1) REPORTING ENTITY AND ITS SERVICES: Pemberton Township School District is an independent 3'"' old - 121h grade District in Burlington County, New Jersey reporting within the criteria adopted in GASB Statement 14. All fund and account groups in the District are included in this report. The Pemberton Township Board of Education and all its Schools constitute the District reporting entity.

The District provides a full range of educational services appropriate to students from three year old through grade 12. These include regular, vocational, and special education programs for students of varying interests and special needs. The programs have been developed and articulated in the Schools to respond to federal, state, and local goals. The local goals come from Vision 2020, a public forum process conducted at the School level, and from the Educational Improvement Plans, developed at both the District and School site each year.

PHONE: 609·893·8141 Ext. 1004 FAX: 609·894-0586 EMAIL: [email protected] Office: One Egbert Street, Pemberton, New Jersey 08068· www.pemberton.k12.nj.us Pemberton Learning Community: Pursuing Excellence One Child at a Time I in confonnance with the state and national programs enjoyed in the Goals 2000 initiative. The District completed the 2012-2013 Fiscal Year with an average daily enrollment of 5,048. The table below provides the last fifteen years of enrollment infonnation along with changes on an annual basis. Average Daily Enrollment

Fiscal Year Student Enrollment Percentage of Change 2012-2013 5,048 0.72% Increase 2011-2012 5,012 1.07% Increase 2010-20\ I 4,959 1.29% (Decrease) 2009-2010 5,024 2.23% (Decrease) 2008-2009 5,139 1.28% (Decrease) 2007-2008 5,206 3.05% (Decrease) 2006-2007 5,370 3.98% (Decrease) 2005-2006 5,593 2.52% (Decrease) 2004-2005 5,738 3.12% (Decrease) 2003-2004 5,922 1.84% Increase 2002-2003 5,815 .50% Increase 2001-2002 5,786 2.19% Increase 2000-2001 5,662 1.21% Increase 1999-2000 5,594 2.71% (Decrease) 1998-1999 5,750 .37% Increase

2) ECONOMIC CONDITIONS AND OUTLOOK: Pemberton Township was able to maintain a stable tax rate despite the State of New Jersey's freeze in municipal aid. Our UEZ program continues to strengthen our economic development with its loan and sign programs. Few programs have proven more enduring and successful. Since 1984, it has been a hallmark for urban revitalization and a cornerstone for economic growth and development. Due to its success, the number of Urban Enterprise Zones has expanded from an original lOiu 1984 to the 32 zones in 35 municipalities today. Moreover, the program has helped create 65,070 fulltime and 5,000 part-time jobs within the zones. This represents a total private investment estimated at a billion by these businesses.

3) MAJOR INITIATIVES: Pemberton Township Schools are involved in several long-term efforts to upgrade both the facilities and programs at all levels. They include, but are not limited to:

a) In August of2012 we have received Middle States Accreditation from the Middle State Association of Schools and Colleges. This is testimony to the efforts of the Pemberton School Community in serving the needs of our students and remaining faithful to our mission, Pemberton Learning Community: Pursuing Excellence One Child at a Time. b) Our first graduates of the Medical Arts Academy students received their diploma and endorsements in June. The A-STEM Academy- Aerospace Science, Technology, Engineering and Math continues to grow, as well as he Fine Arts and Music Education (FAME) Academy, which opened in September of201l. c) Weare in the midst of converting our math program to be in tune with the Common Core Curriculum adoption by the state of New Jersey. The Common Core, as it is known, is a national curriculum being used in more than 40 states at this time. In preparation for this endeavor, we have adopted the Go Math program to bridge the differences in skill sets required for the Common Core, which will be the subject of testing for our students. 2 d) As a part of the Excellent Educators for New Jersey, now known as Achieve NJ, we helped pilot the evaluation instrumentation for teachers which tied the assessment of teacher performance directly to student achievement. We also participated in the pilot program to revise the methodology of principal evaluations. e) The Measure of Academic Progress (MAP), a testing vehicle which challenges students in a pre- and post- approach to testing, is being utilized by faculty to ensure we are addressing our students' needs in the most tailored and prescriptive methods possible. We use the MAP data to reflect upon teacher performance as well. This is one of the elements incorporated into the teacher evaluation model. 1) Coming into 2013-2014 the elementary schools were realigned to augment resource use, professional expertise, and curricular consistency. Rather than the historic K through 5 alignment in six of our shared campus facilities, we are now operating with the Emmons, Crichton, and Haines/Harker-Wylie School serving Kindergarten, 1" and 2 nd grades. Busansky, Denbo, and Stackhouse schools are housing 3'd, 4'" and 5th grade students. g) Our Middle School enters its 3'd year as a 6, 7, 8 complex. In an effort to meet the demands of restructuring under NCLB, refonning the complex was deemed to be the most effective way to improve the Middle School. With two years of data, we can see there have been some gains in test scores. h) Technology is a significant learning tool. It is essential that today's youth have a clear understanding of technology, and that we use this technology to teach them concepts related to all other domains of academia.

1. Our computer to student ratio is 3.4 to I which is among the lowest in the State of New Jersey. All schools have either dedicated computer labs or mobile computer labs as well as having computers available in the individual classrooms.

ii. All district schools are now wireless. This has been a priority to enable us, as a district, to pursue broader technology initiatives.

U1. All district schools now have at least 25% of their classrooms equipped with Smart Boards for instructional purposes. The Fort Dix Elementary School has been part of a technology grant opportunity with the Federal Government specifically for military children, and is now fully equipped with wireless technology and Smart Boards throughout the complex.

IV. Software applications integrate student learning in all dimensions. Accelerated Reader and Measure Academic Progress (M.A.P.) help teachers address student learning needs.

v. The internet is a primary research source for students, particularly at the upper grades. Multi-media presentations are common with both students and teachers. Project based learning is emblematic of the small learning communities at all grades.

VI. Individual school websites are engaging and informative. Board information is posted clearly, including all policies. The website is viewed as an informational lifeline to the school community and those military personnel associated with Joint Base McGuireIDixiLakehurst which Pemberton Township Schools serve.

3 i) A point of pride continues to be our Early Childhood program. We cunently serve the needs of 3 and 4 year old students in three schools - the Pemberton Early Childhood Education Center (housing more than 550 students), the Fort Dix Elementary School (with 60 pre-K students), and the Crichton School (housing 45 pre-K students). Using the High Scopes curriculum and associated testing instruments, we can see the progress our students are making toward literacy and math.

j) The Fort Dix Elementary School opened with six new classrooms and office renovations completed on time and under budget. This is the last project that will be financed by the Department of Education in Washington. Currently, the structure is being turned over to Pemberton Schools. The enrollment at Fort Dix Elementary School has grown from 135 in 2007 to more than 420 in 2013.

k) All schools have electronic locks, security personnel and ID card access. Renovations are continuing in several schools to "harden the target" for the safety of our students and staff.

4) INTERNAL ACCOUNTING CONTROLS: Management of the District is responsible for establishing and maintaining an internal control structure designed to ensure that the assets of the District are protected from loss, theft or misuse and to ensure that adequate accounting data are compiled to allow for the preparation of [mancial statements in confonnity with generally accepted accounting principles (GAAP). The internal control structure is designed to provide reasonable, but not absolute, assurance that these objectives are met. The concept of reasonable assurance recognizes that: I) the cost of a control should not exceed the benefits likely to be derived; and 2) the valuation of costs and benefits requires estimates and judgments by management.

As a recipient of federal and state financial assistance, the District also is responsible for ensuring that an adequate internal control structure is in place to ensure compliance with applicable laws and regulations related to those programs. This internal control structure is also subj ect to periodic evaluation by the District management.

5) BUDGETARY CONTROLS: In addition to internal accounting controls, the District maintains budgetary controls. The objective of these budgetary controls is to ensure compliance with legal provisions embodied in the armual appropriated bndget approved by the voters of the municipality. Annual appropriated budgets are adopted for the general fund, the special revenue fund, and the debt service fund. Project-length budgets are approved for the capital improvements accounted for in the capital projects fund. The final budget amount as amended for the fiscal year is reflected in the financial section.

An encumbrance accounting system is used to record outstanding purchase commitments on a line item basis. Open encumbrances at year-end are either canceled or are included as re­ appropriations of fund balance in the subsequent year. Those amounts to be re-appropriated are reported as reservations of fund balance at June 30,2013.

6) ACCOUNTING SYSTEM AND REPORTS: The District's accounting records reflect generally accepted accounting principles, as promulgated by the Governmental Accounting Standards Board (GASB). The accounting system of the District is organized on the basis of funds and account groups. These funds and account groups are explained in "Notes to the Financial Statement," Note 1.

4 7) FINANCIAL INFORMATION AT FISCAL YEAR-END: As demonstrated by the various statements and schedules included in the fmancial section of this report, the District coutinues to meet its responsibility for sound financial management. The following schedule presents summary of the general, special revenue and capital projects fund revenues for the fiscal year ended June 30, 2013, and the amount and percentage of increases in relation to prior year revenues. Increase/ Percent of Percent (Decrease) h,crease/ Revenue Of Total From 2012 {Decrease} Local sources: District Taxes 12,196,428 10.33% 239,145 2.00% Miscellaneous 1,127,597 .96% 84,565 8.11% State sources 100,218,715 84.88% (255,138) (0.25)% Federal sources 4,525,101 3.83% {4,785,294} (51.40)% Total 118,067841 100% (4,]16722)

The Decrease iu Federal Sources can be attributed to Education Jobs Monies and Capital Projects provided by the Federal Government in the prior year. mcrease Percent of

Percent (Decrease) h,crease Amount Of Total From 2012 (Decrease) Current expenditures: mstruction 44,342,794 37.15% 787,508 1.81% Undistributed 69,416,978 58.95% 301,783 0.44% Capital outlay 4,130,621 3.88% (423,752) (9.30)% Special Schools 15,671 .01% 656 4.37%

Total 117206064 100% 666195

The decrease in Capital Outlay is attributable to volatility in capital projects.

8) DEBT ADMINISTRATION: As of June 30, 2013, the District's outstanding debt consisted of $-0-- in Serial Bonds.

9) CASH MANAGEMENT: The investment policy ofthe District is guided in large part by State statnte as detailed in "Notes to the Financial Statement," Note 2. The District has adopted a cash management plan, which requires it to deposit public funds in public depositories protected from loss under the provisions of the Governmental Unit Deposit Protection Act ("GUDPA"). GUDPA was enacted in 1970 to protect Governmental Units from a loss of funds on deposit witll a failed banking institntion in New Jersey. The law requires governmental units to deposit public funds only in public depositories located in New Jersey, where tile funds are secured in accordance with tile Act.

10) RISK MANAGEMENT: The Board carries various fOfOlS of insurance, including but not limited to general liability, automobile liability and comprehensive/collision, hazard and theft insurance on property and contents, and fidelity bonds.

5 11) OTHER INFORMATION: Independent Audit -- State statutes require an llJ1Ilual audit by indepeudent certified public accountants or registered muuicipal accountants. The accounting firm of Holman Frenia Allison, P.C. was selected by the Board. The auditor's report on the basic fmancial statements, combining and individual fund statements and schedules is included in the fmancial section of this report.

12) ACKNOWLEDGMENTS: We would like to express our appreciation to the members of the Pemberton Township School Board for their concern in providing fiscal accountability to the citizens and taxpayers of the School District and thereby contributing their full support to the development and maintenance of our fmancial operation. The preparation of this report could not have been accomplished without the efficient and dedicated services of our financial and accounting staff.

Respectfully submitted,

Pat Austin, School Business Administrator/Board Secretary

6 ORGANitZAnONAL.CfiAR'f

Sup ,tillt,li.d ellt

DJr-Etl[ol' oi Dfrc.otoT Direotor af Dir'f!Ctor Business Speoial of Curriou!um &. of A

AgsLslunt A"ialant Assl,tont lOll'~ct\Jr of Dirt!ctorof Dlrectoroi' Alfirmallve Early B1etrumtruy Seoond.a.ry Media , 8ecurHy Acliol~ Childhood Dire~!or Coordinfttof OftiCtlt' Pl"wcipals- (E!eml:lntary) Pdnnipals --.J (9) . (Sooondary & I I AllultEd.) (3) Super'lliSlJrll Supervisors Supervisors (3) (2) (3)

I -r Master fuatructlonal O Child Study rnSlnloti ","] Team 1feai:hors Faollltato)1l Facilllatora Memhorn (2) (9.) (2) . (2Z) I I Spe.ech llnrly Reading Reading :r'hm-fJplats Chlldfiond 5pe,lall,l Specialist (II) Provld~s (7) (4) I I T lB.elmv!or Parerft !'oderW/Stat. Speoiali,t Rc5'ourcc Programs. Coordinator

PEMBERTON TOWNSHIP BOARD OF EDUCATION 1 EgbertS1reet Pemberton,New Jers

ROSTEROFOFFICIAlS

AS OF JUNE 20, 2013

MEMBERS OF1HEBOARD OF EDUCATION TERMEXPIRES

John Ulrich, President 2013

Timothy Haines, Vice President 2014

Tom Bauer 2015

Sandra Glawson 2014

Stan Gregory 2014

Terry Maldonado 2016

Christopher Otis 2016

Raymond Wells 2015

Jeffrey Wilson 2016

OTHER OFFICIALS

Dr. Michael Gorman, Superintendent

Pat Austin, Business AdministratorlBoard Secretary

John Mazzei, Director of Human Resources

8 PEMBERTON TOWNSHIP BOARD OF EDUCATION 1 Egbert Street Pemberton, New Jersey 08068

CONSULTANTS AND ADVISORS

ARCIDTECT

Regan Young England Butera Architects

AUDIT FIRM

Holman Frenia Allison, P.C. Kevin P. Frenia, CPA, PSA 618 Stokes Road Medford, New Jersey 08055

ATTORNEY

Frank Cavallo, Esquire 8000 Midlantic Drive Mount Laurel, New Jersey 08054

OFFICIAL DEPOSITORY

Wachovia Bank F 011 Dix, New Jersey

9 FINANCIAL SECTION I I HF 10 Allen S!n)st, Suite 28, Toms F\lvBr, H.J 08753 ' Tel: 7J2:t97. ~ 333

613 Stokes Road, MedforD, NJ 08055 0 Tei: 609.953,0612

HOLMAN I FRENIA 912 Highway 33, Sulte 2, Freehold, NJ 07'723 0 Tei: 732A09,()800 ALLISON, P.e. 795 Canton Street, TiOY, PA 16947' Tel: 57'0287,5090

Certified Public Accountants & Consultants 926 Main Sttset, Suito "103, Rome, PA 18837 0 Tel: 570297j090 www.hfacpas.com

INDEPENDENT AUDITOR'S REPORT

Honorable President and Members of the Board of Education Pemberton Township County of Burlington Pembelion, New Jersey 08068

Report on the Financial Statements

We have audited the accompanying financial statements of the governmental activities, the business-type activities, each major fund and the aggregate remaining fund infonnation of the Board of Education of the Pemberton Township School District, County of Burlington, State of New Jersey, as of and for the fiscal year ended June 30, 2013, and the related notes to the financial statements which collectively comprise the District's financial statements as listed in the table of contents.

Management's Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles general accepted in the United State of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor's Responsibility

Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States and audit requirements as prescribed by the, Office of School Finance, Department of Education, State of New Jersey. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's jndgment, including the assessment of the risks of material misstatement of the financial statements, whether dne to fraud or en·or. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circnmstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An andit also includes"evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

10 We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions,

Opinions

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund and the aggregate remaining fund infonnation of the Board of Education of the Pemberton Township School District, County of Burlington, State of New Jersey, as of June 30, 2013, and the respective changes in financial position and cash flows, where applicable, for the year then ended in conformity with accounting principles generally accepted in the United States of America.

Other Matters

Required Supplementary Information

Accounting principles generally accepted in the United States of America require that the management's discussion and analysis and budgetary comparison information on pages 13 through 18 and 53 through 81 be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Govemmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the infonnation and comparing the infonnation for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assnrance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

Other Information

Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the Pemberton Township Board of Education's basic financial statements. The accompanying introductory section, comparative totals for June 30, 2012, and other supplementary information such as the combining and individual fund financial statements, long-tenn debt schedules and statistical information are presented for purposes of additional analysis and are not a required part of the financial statements. The accompanying schedule of expenditures of federal and state financial assistance are presented for purposes of additional analysis as required by U.S. Office of Management and Budget Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations and New Jersey OMB's Circular 04-04, Single Audit Policy for Recipients of Federal Grants, State Grants and State Aid respectively, and is also not a required part of the financial statements.

The combining and individual fund financial statements, long-term debt schedules and the accompanying schedule of expenditures of federal and state financial assistance is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards .generally accepted in the United States of America. In our opinion,

II the combining and individual fund financial statements, long-term debt schedules and the accompanying schedule of expenditures of federal and state financial assistance are fairly stated in all material respects in relation to the basic financial statements taken as a whole.

The introductory section, comparative totals for June 30, 2012, and statistical information have not been subjected to the auditing procedures applied in the audit of the basic financial statements and, accordingly, we express no opinion or provide any assurance on them.

Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued our report dated November 20, 2013, on our consideration of the Pemberton Township Board of Education's internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and tbe results of tbat testing, and not to provide an opinion on the internal control over financial reporting or on compliance. That report is an integral part of our audit performed in accordance with Governmental Auditing Standards in considering the Pembelton Township Board of Education's internal control over financial repOlting and compliance.

Respectfully submitted,

HOLMAN FRENlA ALLISON, P.C.

K vin P. Frenia Certified Public Accountant Public School Accountant No. lOll

Medford, New Jersey November 20, 2013

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I I REQUIRED SUPPLEMENTARY INFORMATION - PART I

Management's Discussion and Analysis

PEMBERTON TOWNSHIP BOARD OF EDUCATION

MANAGEMENT'S DISCUSSION AND ANALYSIS FISCAL YEAR ENDED JUNE 30, 2013

UNAUDITED

This section of the Pemberton Township Board of Education's Comprehensive Annual Financial Report presents our discussion and analysis of the District's fmancial pelformance during the fiscal year that ended on June 30, 2013. Please read it in conjunction with the transmittal letter at the front of this report and the District's financial statements, which immediately follow this section.

Management's Discussion and Analysis (MD&A) is a new element of Required Supplementary InfOlmation specified in the Governmental Accounting Standards Board's (GASB) Statement No 34 - Basic Financial Statements-Management's Discussion and Analysis-for State and Local Governments issued in June 1999 that is now being required by the New Jersey State Department of Education.

OVERVIEW OF THE FINANCIAL STATEMENTS

This discussion and analysis is intended to serve as an introduction to the District's basic financial statements. The District's basic financial statements comprise three components: I) District-wide financial statements, 2) Fund financial statements, and 3) Notes to the financial statements. This report also contains required supplementary information and other supplementary information in addition to the basic financial statements themselves.

District-wide financial statements. The district-wide financial statements are designed a provide readers with a broad overview of the District's finances, in a manner similar to a private-sector business.

The statement of net position (A-I) presents information on all of the assets and liabilities ofthe District, with the difference between the two reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

The statement of activities (A-2) presents information showing how the net position of the District changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.

The district-wide fmancial statements can be found as Exhibits A-I and A-2 in this report.

Fund financial statements. A fund is a group of related accounts that is used to maintain control over resources that have been segregated for specific activities or objective. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with fmance-related legal requirements. All of the funds of the District can be divided into three categories: governmental funds, proprietary funds and fiduciary funds.

13 Governmental funds

Governmental funds are used to account for essentially the same functions reported as governmental activities in the district-wide financial statements. However, unlike the district-wide financial statements, governmental fund financial statements focus on the near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating the District's near-term financing requirements.

Because of the focus of governmental funds is narrower than that of the district-wide financial statements, it useful to compare the information presented for governmental funds with similar information presented for governmental activities in the district-wide financial statements. By doing so, readers may better understand the long-term impact of the District's near -term financing decision. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balance provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The District maintains three individual governmental funds. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures and changes in fund balance for the general fund, special revenue fund, and debt service fund.

The basic govermnental fund financial statements can be found as Exhibits B-1 through B-3 in this report.

Proprietary funds

The District maintains one proprietary fund type, an enterprise fund. The enterprise fund is used to account for operations that are financed and operated in a manner similar to private business enterprises, where the intent of the District is that the costs of providing goods or services be financed through user charges. The food services enterprise fund provides for the operation of food services in all schools within the District. The School Age Child Care, Community Education, and Wrap Around programs provide additional Services to the district. The proprietary fund has been included within business-type activities in the district-wide fmancial statements.

The food services fund detail financial statements can be found as Exhibits B-4 through B-6 in this report.

Fiduciary funds

Fiduciary funds are used to account for resources held for the benefit of parties outside the governmental entity. Fiduciary funds are not reflected in the district-wide fmancial statement because the. resources of those funds are not available to support the District's own programs.

The District uses trust and agency funds to account for resources held for student activities and groups, for payroll transactions and for the District's unemployment trust fund. The basic fiduciary fund financial statements can be found as Exhibits B-7 and B-8 in this report.

Notes to the financial statements. The notes provide additional information that is essential for a full understanding of the data provided in the district-wide and fund financial statements. The notes to the financial statements can be found after the fund financial statements in this report.

14 Other Information. The combining and individual fnnd statements refelTed to earlier in connection with governmental and enterprise funds are presented immediately following the notes to the fmancial statements.

FINANCIAL IllGHLIGHTS

Key financial highlights for the 2012-2013 fiscal year iuc1ude the following:

• The District has no outstandiug debt as of 6/30/13. • A Charter School was established within the Township's Borders starting in FY 10-11.

District-wide Financial Analysis

As noted earlier, net position may serve over time as a useful indicator of the District's financial position. The following table provides a snmmary of net position:

BUSINESS- GOVERNMENTAL TYPE JUNE 30, JUNE 30, ASSETS ACTIVITIES ACTIVITIES 2013 2012

Cash & Cash Equivalents $12,905,359 726,261 13,631,620 13,748,795 Receivables, Net 2,519,285 93,627 2,612,912 3,511,232 Inventory 106,543 106,543 80,844 Capital Assets, Net (Note 4) 62,563,143 62,563,143 60,738,010

Total Assets 77,987,787 926,431 78,914,218 78,078,881

LIABILITIES

Accounts Payable 898,228 82 898,310 1,054,053 Other Liabilities 2,628,510 410,320 3,038,830 2,627,599 Payable to Other Governments 11,134 11,134 2,910 Deferred Revenue 1,134 1,134 54,207 Noncurrent Liabilities: Due Beyond One Year 4,750,568 4,750,568 4,690,385

Total Liabilities 8,289,574 640,386 8,699,976 8,429,154

NET POSITION

Invested in Capital Assets, Net of Related Debt 62,563,143 62,563,143 60,738,010 Restricted For: Other Purposes 6,482,177 6,482,177 7,782,531 Unrestricted 652,893 516,029 1,168,922 1,129,186

Total Net Position $69,698,213 516,029 70,214,242 69,649,727

15 The District's largest net asset is the Investment in Capital Assets, net of related debt. This large positive balance results from construction projects being completed without any associated debt.

The unrestricted net assets may be used to meet the District's ongoing obligations to student, employees, and creditors. The unrestricted net position includes the amount of long-term obligations that are not invested in capital assets, such as compensated absences.

At the end of the current fiscal year, the District is able to report a positive balance in total net position. The same situation held true for the prior fiscal year.

The following table provides a summary of revenues and expenses for the District's governmental and business-type activities and the change in net position from the prior year:

Governmental Busiuess-type Activities Activities Total Reveuues: Program Revenues: Charges for Services 831,041 831,041 Operating Grants & Contributions 11,183,650 1,772,443 12,956,093 General Revenues: Property Taxes 12,196,428 12,196,428 Federal & State Aid not Restricted 93,560,166 93,560,166 Miscellaneous (Includes Interest & Tuition) 1,313,449 1,313,449

Total Revenue 118.253,693 2,603,484 120,857,177

Expeuses: Instructional Services 44,342,794 44,342,794 Support Services 70,708,926 2,653,922 73,362,848 Unallocated Compensated Absences 95,680 95,680 Unallocated Depreciation 2,491,340 2,491,340

Total Expenses 117,638,740 2,653,922 120,292,662

Increase (Decrease) in Net Position Before Transfers 614,953 (50,438) 564.515

Change in Net Position 614.593 (50,438) 564,515 Net Position-Beginning 69,083,260 566,467 69,649,727 Net Position-Ending 69.698,213 516,029 70,214.242

Financial Analysis of the District's Funds

As noted earlier, the District uses fund accounting to ensure and demonstrate compliance with fmance­ related legal requirements.

Governmental Funds. The focus ofthe District's governmental funds is to provide information or near­ term inflows, outflows, and balances of spendable recourses. Such information is useful in assessing the District's financing requirements. The unreserved fund balance is divided between designated balances and undesignated balances.

16 Financial Information at Fiscal Year-End

The following schedule presents a sununary of the general fund, special revenue fund and capital projects fund revenues for the fiscal year ended June 30, 2013 and the amount and percentage of increases and (decreases) in relation to prior year revenues. Increase/ Percent of Percent (Decrease) Increase/ Revenue Of Total From 2012 (Decrease) Local sources: District Taxes 12,196,428 10.33% 239,145 2.00% Miscellaneous 1,127,597 .96% 84,565 8.11% State sources 100,218,715 84.88% (255,138) (0.25)% Federal sources 4,525,101 3.83% (4,785.294) (51.40)% Total 118,067,841 100% (4,716,722,1

The decrease in Federal Sources can be attributed to Education Jobs Monies and capital projects provided by the Federal Government in the prior year.

The following schedule presents a summary of general fund, special revenue fund, and capital projects fund expenditures for the fiscal year ended June 30, 2013 and the percentage of increases and (decreases) in relation to prior year amounts. Increase Percent of Percent (Decrease) Increase Amount Of Total From 2012 (Decrease) Current expenditures: Instruction 44,342,794 37.15% 787,508 1.81% Undistributed 69,416,978 58.95% 301,783 0.44% Capital outlay 4,130,621 3.88% (423,752) (9.30)% Special Schools 15,671 .01% 656 4.37%

Total 117,906,064 100% 666,195

The decrease in Capital Outlay is attributable to volatility in capital projects.

General Fund Bndgetary Highlights

The difference between the original budget and tl,e final amended budget was $2,402,072. This difference is comprised entirely of the June 30,2012 encumbrances, which rollover into the subsequent year's budget (2012-2013) and are added to the original budget appropriations.

Proprietary Fuuds. (The District's proprietary fund provides the same type of infoffilation found in the district-wide fmancial statements, but in more detail.)

Capital Assets

At June 30, 2013 the District has capital assets of almost $62,563,143, net of depreciation, which includes land, land improvements, buildings/construction, machinery and equipment and vehicles.

17 Financial Information at Fiscal Year-End

The following schedule presents a summary of the general fund, special revenue fund and capital projects fund revenues for the fiscal year ended June 30, 2013 and the amount and percentage of increases and (decreases) in relation to prior year revenues. Increase/ Percent of Percent (Decrease) h,crease/ Revenue Of Total From 2012 (Decrease) Local sources: District Taxes 12,196,428 10.33% 239,145 2.00% Miscellaneous 1,127,597 .96% 84,565 8.11% State sources 100,218,715 84.88% (255,138) (0.25)% Federal sources 4,525,101 3.83% (4,785,294) (51.40)% Total 118,067,841 100% (4,716,722)

The decrease in Federal Sources can be attributed to Education Jobs Monies and capital projects provided by the Federal Government in the prior year.

The following schedule presents a summary of general fund, special revenue fund, and capital projects fund expenditures for the fiscal year ended June 30, 2013 and the percentage of increases and (decreases) in relation to prior year amounts. Increase Percent of Percent (Decrease) Increase Amount Of Total From 2012 (Decrease) Current expenditures: Instruction 44,342,794 37.15% 787,508 1.81% Undistributed 69,416,978 58.95% 301,783 0.44% Capital outlay 4,130,621 3.88% (423,752) (9.30)% Special Schools 15,671 .01% 656 4.37%

Total 117,206,064 100% 666,195

The decrease in Capital Outlay is attributable to volatility in capital projects.

General Fnnd Budgetary Highlights

The difference between the original budget and the final amended budget was $2,402,072. This difference is comprised entirely of the June 30,2012 encumbrances, which rollover into the subsequent year's budget (2012-2013) and are added to the original budget appropriations.

Proprietary Fnnds. (The District's proprietary fund provides the same type of information found in the district-wide [mancial statements, but in more detail.)

Capital Assets

At June 30, 2013 the District has capital assets of almost $62,563,143, net of depreciation, which includes land, land inlprovements, buildings/construction, machinery and equipment and vehicles.

18 BASIC FINANCIAL STATEMENTS

A. District-Wide Financial Statements

EXHIBIT A-I PEMBERTON TOWNSHIP BOARD OF EDUCATION COMBINED STATEMENT OF NET POSITION JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

TOTALS BUSINESS- (MEMORANDUM ONLY) GOVERNMENTAL TYPE JUNE 30, JUNE 30, ASSETS ACTIVITIES ACTIVITIES 2013 2012

Cash & Cash Equivalents $ 12,905,359 $ 726,261 $ 13,631,620 $ 13,748,795 Receivables, Net 2,519,285 93,627 2,612,912 3,511,232 Inventory 106,543 106,543 80,844 Capital Assets, Net (Note 4) 62,563,143 62,563,143 60,738,010

Total Assets 77,987,787 926,431 78,914,218 78,078,881

LIABILITIES

Accounts Payable 898,228 82 898,310 1,054,053 Other Liabilities 2,628,510 410,320 3,038,830 2,627,599 Payable to Other Governments 11,134 11,134 2,910 Deferred Revenue 1,134 1,134 54,207 Noncurrent Liabilities (Note 5): Due Beyond One Year 4,750,568 4,750,568 4,690,385

Total Liabilities 8,289,574 410,402 8,699,976 8,429,154

NET POSITION

Invested in Capital Assets, Net of Related Debt 62,563,143 62,563,143 60,738,010 Restricted For: Other Purposes 6,482,177 6,482,177 7,782,531 Unrestricted 652,893 516,029 1,168,922 1,129,186

Total Net Position $ 69,698,213 $ 516,029 $ 70,214,242 $ 69,649,727

The accompanying Notes to Financial Statements are an integral part of this statement.

19 EXHIBIT A-2 (Page 1 of2) PEMBERTON TOWNSHIP BOARD OF EDUCATION COMBINED STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

NET (EXPENSES) REVENUE AND CHANGES IN NET POSITION PROGRAM REVENUES TOTALS CHARGES OPERATING BUSINESS- (MEMORANDUM ONLY) FOR GRANTS & GOVERNMENTAL TYPE JUNE 30, JUNE 30, FUNCTIONSIPROGRAMS EXPENSES SERVICES CONTRlBUTIONS ACTIVITIES ACTIVITIES 2013 2012

Governmental Activities: Instruction: Regular $ 32,457,804 $ $ 7,655,553 $ (24,802,251) $ $ (24,802,251) $ (25,505,860) Special Education 9,176,843 (9,176,843) (9,176,843) (9,143,584) Other Special Instruction 1,301,107 (1,301,107) (1,301,107) (1,254,266) Other Instruction 1,407,040 (1,407,040) (1,407,040) (1,462,512) Support Services & Undistributed Costs:

tv Tuition 3,672,350 (3,672,350) (3,672,350) (3,611,828) o Attendance 237,278 (237,278) (237,278) (245,694) Health Services 1,203,830 (1,203,830) (1,203,830) (1,212,617) Student & Instruction Related Services 11,371,643 3,497,941 (7,873,702) (7,873,702) (7,800,051 ) Educational Media Services! School Library 1,895,139 (1,895,139) (1,895,139) (2,320,181) School Administrative Services 3,040,323 (3,040,323) (3,040,323) (3,088,264) Other Administrative Services 860,855 (860,855) (860,855) (755,241) Central Services 1,273,207 (1,273,207) (1,273,207) (1,282,789) Administrative Information Technology 596,793 (596,793) (596,793) (555,487) Plant Operations & Maintenance 7,395,336 (7,395,336) (7,395,336) (8,970,741) Pupil Transportation 4,788,298 (4,788,298) (4,788,298) (4,650,678) Unallocated Benefits 33,046,429 (33,046,429) (33,046,429) (29,402,344) Special Schools 15,671 (15,671) (15,671) (15,015) Transfer to Charter School 1,311,774 (1,311,774) (1,311,774) (1,120,298) Capital Expenditures 30,156 30,156 30,156 1,317,896 Unallocated Compensated Absences 95,680 (95,680) (95,680) (135,579) Unallocated Depreciation .k491 ,340 (2,491,340) (2,491,340) (3,082,722)

Total Governmental Activities 117,638,740 11,183,650 (106,455,090) (106,455,090) (104,297,855)

The accompanying Notes to Financial Statements are an in1egral part ofthis sta1ement EXHIBIT A-2 (Page 2 of2) PEMBERTON TOWNSHIP BOARD OF EDUCATION COMBINED STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

NET (EXPENSES) REVENUE AND CHANGES IN NET POSITION PROGRAM REVENUES TOTALS CHARGES OPERATING BUSINESS­ (rvlEMORANDUM ONLY) FOR GRANTS & GOVERNMENTAL TYPE JUNE 30, JUNE 30, FUNCTIONSIPROGRAMS EXPENSES SERVICES CONTRIBUTIONS ACTIVITIES ACTIVITIES 2013 2012

B usiness-Type Activities: Enterprise Funds 2,65],922 831,041 1,772,443 (50,438) (50,438) (42,418)

Total Business-Type Activities 2,653,922 831,041 1,772,443 (50,438) (50,438) (42,418)

Total Primary Government $ 120,292,662 $ 831,041 $ 12,956,093 (106,455,090) (50,438) (106,505,528) (104,340,273)

General Revenues: N ~ Taxes: Property Taxes, Levied for General Purposes, Net 12,196,428 12,196,428 11,957,283 Federal & State Aid Not Restricted 93,560,166 93,560,166 96,929,715 Tuition Received 351,241 351,241 367,462 Transportation Fees Received 76,705 76,705 66,924 Miscellaneous Income 699,651 699,651 608,646 Contributed Capital 185,852 185,852 25,261,000 Loss on Disposal of Capital Assets (17,190)

Total General Revenues, Special Items, Extraordinary Items & Transfers 107,070,043 107,070,043 135,173,840

Change In Net Position 614,953 (50,438) 564,515 30,833,567 Net Position - Beginning 69,083,260 566,467 69,649,727 38,816,160

Net Position - Ending $ 69,698,213 $_ 516,029 $ 70,214,242 $ 69,649,727

The accompanying Notes to Financial Statements are an integral part of this statement. I I I I

I I I I B. Fund Financial Statements I I

I I

I I

I I

I I

I I

I I

I I Governmental Funds I I

I I

I I

I I EXHIBIT B-1 PEMBERTON TOWNSffiP BOARD OF EDUCATION GOVERNMENTAL FUNDS COMBINED BALANCE SHEET JUNE 30, 2013 (With Comparative Totals for June 30, 2012) TOTALS SPECIAL CAPITAL (MEMORANDUM ONLY) GENERAL REVENUE PROJECTS JUNE 30, JUNE 30, ASSETS & OTHER DEBITS FUND FUND FUND 2013 2012

Cash & Cash Equivalents $ 12,775,761 $ $ 1,039,495 $ 13,815,256 $ 12,883,697 Accounts Receivable: State Aid 635,103 73,480 708,583 819,978 Federal Aid 7,231 650,670 359,451 1,017,352 1,683,327 Interfunds 682,619 682,619 898,639 Tuition 110,731 110,731 57,343

Total Net Assets $ 14,211445 $ 650670 $ 1472 426 $ 16,334541 $ 16342.984

LIABILITIES & FUND BALANCES

Liabilities: Cash Deficit $ $ 926,268 $ $ 926,268 $ 228,304 Accounts Payable 422,420 133,205 342,603 898,228 1,051,086 Accrued Salaries Payable 847,144 30,011 877,155 236,028 Intergovernmental Payable: Federal 11,134 11,134 2,910 Blue CrosslBlue Shield - IBNR Claim Reserve 1,751,355 1,751,355 1,751,185 Deferred Revenue 1,134 1,134 54,207

Total Liabilities 3,020,919 1,101,752 342,603 4,465,274 3,323,720

Fund Balances: Restricted for: Excess Surplus 2,780,329 2,780,329 Tuition Reserve 247,736 247,736 400,000 Tuition Reserve - Designated for Subsequent Year's Expenditures 152,264 152,264 Emergency Reserve 1,000,000 1,000,000 1,000,000 Required Maintenance Reserve 2,450,000 2,450,000 2,450,000 Capital Reserve 2,615,806 2,615,806 3,916,160 Capital Reserve - Designated for Subsequent Year's Expenditures 2,000,000 2,000,000 3,182,529 Capital Proiects Fund 551,949 551,949 1,373,481 Assigned to: Designated for Subsequent Year's Expenditures 647,611 Other Purposes 577,874 577,874 49,483 Unassigned (55,609) (451,082) (506,691)

Total Fund Balances 11,190,526 (451,082) 1,129,823 11,869,267 13,019,264

Total Liabilities & Fund Balances $ 14211.445 $ 650,670 $ 1472,426

Amounts reported for governmental activities in the statement of net position (A-2) are different because: Capital assets used in governmental activities are not financial resources and $ therefore are not reported in the funds. The cost of the assets is $97,082,959 and the accumulated depreciation is $34,519,816. 62,563,143 60,738,010 Long-term liabilities, including bonds payable, are not due and payable in the current period and therefore are not reported as liabilities in the funds. (4,750,568) (4,690,385) Internal Service Funds Net Position 16,371 16,371

Net position of Governmental Activities $69,698213 69083260

The accompanying Notes to Financial Statements are an integral part of this statement.

22 EXHIBIT B-2 PEMBERTON TOWNSHIP BOARD OF EDUCATION GOVERNMENTAL FUND TYPES COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE FISCAL YEAR ENDED JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

TOTALS SPECIAL CAPITAL (MEMORANDUM ONLY) GENERAL REVENUE PROJECTS JUNE 30, JUNE 30, FUND FUND FUND 2013 2012 Revenues: Local Sources: Local Tax Levy $ 12,196,428 $ $ $ 12,196,428 $ 11,957,283 Tuition 351,241 351,241 367,462 Transportation 76,705 76,705 66,924 Miscellaneous 699,651 699,651 608,646

Total Local Sources 13,324,025 13,324,025 13,000,315

State Sources 92,462,819 7,755,896 100,218,715 100,473,853 Federal Sources 1,548,429 2,976,672 4,525,101 9,310,395

Total Revenues 107,335,273 10,732,568 118,067,841 122,784,563

Expenditures: Current Expense: Regular Instruction 24,802,251 7,655,553 32,457,804 31,694,924 Special Education Instruction 9,176,843 9,176,843 9,143,584 Other Special Instruction 1,301,107 1,301,107 1,254,266 Other Instruction 1,407,040 1,407,040 1,462,512 Support Services: Tuition 3,672,350 3,672,350 3,611,828 Attendance 237,278 237,278 245,694 Health Services 1,203,830 1,203,830 1,212,617 Student & Instruction Related Services 7,873,702 3,497,941 11,371,643 12,965,520 Educational Media Services/School Library 1,895,139 1,895,139 2,320,181 School Administrative Services 3,040,323 3,040,323 3,088,264 Other Administrative Services 860,855 860,855 755,241 Central Services 1,273,207 1,273,207 1,282,789 Administrative Infonnation Technology 596,793 596,793 555,487 Plant Operations & Maintenance 7,395,336 7,395,336 8,970,741 Pupil Transportation 4,788,298 4,788,298 4,650,678 Employee Benefits 33,081,926 33,081,926 29,456,155 Capital Outlay 2,624,795 30,156 1,475,670 4,130,621 4,554,373 Special Schools 15,671 15,671 15,015

Total Expenditures 105,246,744 11,183,650 1,475,670 117,906,064 117,239,869

Excess!(Deficiency) of Revenues Over! (Under) Expenditures 2,088,529 (451,082) (1,475,670) 161,777 5,544,694

Other Financing Sources/rUses): Operating Transfer In 1,182,529 1,182,529 Operating Transfer Out (1,182,529) (1,182,529) (1,120,298) Transfer to Charter School (1,311,774) (1,311,774)

Total Other Financing Sources/rUses) (2,494,303) 1,182,529 (1,311,774) (1,120,298)

Net Change in Fund Balance (405,774) (451,082) (293,141) (1,149,997) 4,424,396 Fund Balance - July 1 11,596,300 1,422,964 13,019,264 8,594,868

Fund Balance - June 30 $ 11,190.526 $ (451,082) ~ 1,129,823 $11.869.267 $ 13,019,264

The accompanying Notes to Financial Statements are an integral part of this statement. 23 EXHIBIT B-3 PEMBERTON TOWNSHIP BOARD OF EDUCATION RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2013

Total Net Change in Fund Balances - Governmental Funds (From B-2) $ (1,149,997)

Amounts reported for governmental activities in the statement of activities (A-2) are different because:

Capital outlays are reported in governmental funds as expenditures. However, in the statement of activities, the cost of those assets is allocated over their estimated useful lives as depreciation expense. This is the amount by which capital outlays exceeded depreciation in the period:

Depreciation Expense $ (2,491,340) Adjustment per Fixed Asset Appaisal 185,852 Capital Outlays 4,130,621 1,825,133

Repayment of annual other postemployment benefits is an expenditure in the governmental funds, but the repayment of benefits decreases long-tenn liabilities in the statement of net position and is not reported in the statement of activities.

Prior Year 91,390 Current Year (55,893) 35,497

Repayment of compensated absences is an expenditure in the governmental funds, but the repayment reduces long-tenn liabilities in tbe statement of net position and is not reported in the statement of activities.

Prior Year 4,598,995 Current Year (4,694,675) (95,680)

Change in Net Position of Govermnental Activities $ 614,953

The accompanying Notes to Financial Statements are an integral part ofthis statement. 24

Proprietary Funds I I

I I EXHIBITB-4 PEMBERTON TOWNSHIP BOARD OF EDUCATION PROPRIETARY FUNDS COMBINED STATEMENT OF NET POSITION FOR THE FISCAL YEAR ENDED JUNE 30, 2013 (With Comparative Totals for June 30,2012)

BUSINESS­ GOVERNMENTAL TYPE ACTIVITIES - TOTALS ACTIVITIES INTERNAL (MEMORANDUM ONLY) ENTERPRISE SERVICE JUNE 30, JUNE 30, ASSETS FUND FUND 2013 2012

Cun-ent Assets: Cash $ 726,261 $ 16,371 $ 742,632 $ 1,093,402 Accounts Receivable: State 1,652 1,652 859 Federal 91,975 91,975 51,320 Other 5,751 5,751 Inventories 106,543 106,543 80,844

Total Current Assets 926,431 22,122 948,553 1,226,425

N oncun-ent Assets Equipment 47,042 47,042 47,042 Accrnllulated Depreciation (47,042) (47,042) (47,042)

Total NonculTent Assets

Total Assets 926,431 22,122 948,553 1,226,425

LIABILITIES

Interfund Payable 364,330 5,751 370,081 611,075 Accounts Payable 82 82 2,967 Accrued Salaries 45,990 45,990 29,545

Total Liabilities 410,402 5,751 416,153 643,587

NET POSlTION

Restricted for Werkers Compensation Claims 16,371 16,371 16,371 Unrestricted Food Service 123,639 123,639 124,285 School Aged Childcare 254,635 254,635 288,200 Wrap-Around Childcare 220,018 220,018 227,061 Bakery/Catering (82,263) (82,263) (73,079)

Total Net Position $ 516,029 $ 16,371 $ 532,400 $ 582,838

The accompanying Notes to Financial Statements are an integral part of this statement.

25 EXHIBIT B-5 PEMBERTON TOWNSHIP BOARD OF EDUCATION PROPRIETARY FUNDS COMBINED STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET POSITION FOR THE FISCAL YEAR ENDED JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

BUSINESS­ GOVERNMENTAL TYPE ACTIVITIES­ TOTALS ACTIVITIES INTERNAL (MEMORANDUM Ol\TL Y) ENTERPRlSE SERVICE JUNE 30, JUNE 30, FUND FUND 2013 2012 Operating Revenues: Local Sources: Daily Sales - Reimbursable Programs: School Lunch Program $ 390,037 $ $ 390,037 $ 391,239 School Breakfast Program 34,109 34,109 48,025

Total- Daily Sales - Reimbursable Programs 424,146 424,146 439,264

Daily Sales Nonreimbursable Programs 64,707 64,707 121,204 Registration & Tuition 300,233 300,233 323,625 Miscellaneous 35,491 35,491 48,360 Fees 6,464 6,464 7,276

Total Operating Revenue 831,041 831,041 939,729

Operating Expenses: Salaries 1,609,737 1,609,737 1,555,264 Employee Benefits 63,000 63,000 Supplies and Materials 132,327 132,327 153,604 Miscellaneous 2,928 2,928 2,150 Cost of Sales 845,930 845,930 888,049

Total Operating Expenses 2,653,922 2,653,922 2,599,067

Operating Loss (1,822,881) (1,822,881) (1,659,338)

Nonoperating Revenues: Interest Income 15 State Sources: State School Lunch Program 25,363 25,363 25,254 WACC Program 167,911 167,911 141,612 Federal Source: School BreaJ

Total Nonoperating Revenues 1,772,443 1,772,443 1,616,920

Net Income/(Loss) Before Other Financing Sources/(Uses) (50,438) (50,438) (42,418) Net Position - Beginning 566,467 16,371 582,838 625,256

Total Net Position - Ending $ 516,029 $ 16,371 $ 532,400 $ 582,838

The accompanying Notes to Financial Statements are an integral part of this statement, 26 EXHIBIT B-6 PEMBERTON TOWNSHIP BOARD OF EDUCATION PROPRIETARY FUNDS COMBINED STATEMENT OF CASH FLOWS FOR THE FISCAL YEAR ENDED JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

BUSINESS- GOVERNMENTAL TYPE ACTIVITIES- TOTALS ACTIVITIES INTERNAL (IvfEMORANDUM ONLY) ENTERPRISE SERVICE JUNE 30, JUNE 30, FUND FUND 2013 2012 Cash Flows From Operating Activities: Receipts from Customers $ 993,547 $ (5,751) $ 987,796 $ 1,119,840 Payments to Employees (1,656,292) (1,656,292) (1,570,575) Payments to Suppliers (981,103) 2,550 (978,553) (1,067,910)

Net Cash Provided/(Used) by Operating Activities (1,643,848) (3,201) (1,647,049) (1,518,645)

Cash Flows From Noncapital Financing Activities: Cash Received From Board Contributions (256,511) (256,511) 134,475 Cash Received From State & Federal Reimbmsements 1,552,790 1,552,790 1,503,313

Net Cash Provided by Noncapital Financing Activities 1,296,279 1,296,279 1,637,788

Cash Flows From Investing Activities: Cash Received Interest Earnings 15

Net Cash Provided by Investing Activities 15

Net Increase/(Decrease) in Cash & Cash Equivalents (347,569) (3,201) (350,770) 119,158 Balances - Beginning of Year 1,073,830 19,572 1,093,402 974,244

Balances - Ending of Year $ 726,261 $ 16,371 $ 742,632 $ 1,093,402

Reconciliation of Operating Income/(Loss) to Net Cash Provided/(Used) by Operating Activities:

Operating Income/(Loss) $ (1,822,881) $ - $ (1,822,881) $ (1,659,338) Adjustments to Reconcile Operating Income/(Loss) to Cash Provided/(Used) by Operating Activities: Food Distribution Program 178,205 178,205 157,559 Change in Assets & Liabilities: (Increase)lDecrease in Inventory (25,699) (25,699) 27,213 Decrease/(Inerease) in Accounts Receivable 10,000 (5,751) 4,249 (4,661) (Decrease)/lncrease in Accounts Payable 82 82 (19,021) (Decrease )/Increase in Accrued Salaries 16,445 2,550 18,995 (20,397)

Total Adjustments 179,033 (3,201) 175,832 140,693

Net Cash Provided/(Used) by Operating Activities $ (1,643,848) $ (3,201) $ (1,647,049) $ (1,518,645)

The accompanying Notes to Financial Statements are an integral part of this statement 27

Fiduciary Fund

EXHIBIT B-7 PEMBERTON TOWNSHIP BOARD OF EDUCATION FIDUCIARY FUNDS COMBINED STATEMENT OF FIDUCIARY NET POSITION JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

PRIVATE PURPOSE TOTALS UNEMPLOYMENT FLEXIBLE AGENCY (NlEMORANDU1vI ONLY) COMPENSATION SPENDING STUDENT PAYROLL JUNE 30, JUNE 30, ASSETS TRUST TRUST ACTIVITY AGENCY 2013 2012

Cash & Cash Equivalents $ 450,774 $ 26,299 $ 337,485 $ 849,596 $ 1,664,154 $ 1,545,546

Total Assets 450,774 26,299 337,485 849,596 1,664,154 1,545,546

LIABILITIES

Payroll Deductions & Withholdings 558,058 558,058 492,418 Due to Student Groups 337,485 337,485 317,293 Interfunds Payable 21,000 291,538 312,538 287,564

Total Liabilities 21,000 337,485 849,596 1,208,081 1,097,275

NET POSITION

Reserve For: Unemployment Compensation 450,774 450,774 446,786 Flex Spending 5,299 5,299 1,485

Total Net Position $ 450,774 $ 5,299 $ $ $ 456,073 $ 448,271

The accompanying Notes to Financial Statements are an integral part ofthis statement.

28 EXHIBITB-8 PEMBERTON TOWNSHIP BOARD OF EDUCATION FIDUCIARY FUNDS COMBINED STATEMENT OF CHANGES IN FIDUCIARY NET POSITION FOR THE YEAR ENDED JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

PRIVATE PURPOSE TOTALS UNEMPLOYMENT FLEXIBLE (J'vffiMORANDUM ONLY) COMPENSATION SPENDING JUNE 30, JUNE 30, ADDITIONS TRUST TRUST 2013 2012

Contributions: Other $ 98,046 $ 47,966 $ 146,012 $ 239,748

Total Contributions 98,046 47,966 146,012 239,748

Investment Earnings: Interest 8

Net Investment Earnings 8

Total Additions 98,046 47,966 146,012 239,756

DEDUCTIONS

Unemployment Claims 94,058 94,058 199,784 Miscellaneous 44,152 44,152 48,191

Total Deductions 94,058 44,152 138,210 247,975

Change io Net Position 3,988 3,814 7,802 (8,219) Net Position - Beginning of the Year 446,786 1,485 448,271 456,490

Net Position - End ofthe Year $ 450,774 $ 5,299 $ 456,073 $ 448,271

The accompanying Notes to Fioancial Statements are an iotegral part of this statement.

29 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013 I I

I I PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 1. Summary of Significant Accounting Policies

The accompanying financial statements of the Pemberton Townsbip Board of Education have been prepared in conformity with generally accepted accounting principles as prescribed by the Govermnental Accounting Standards Board (GASB). In June 1999 the GASB issued Statement 34 Basic Financial Statements - and Management's Discussion and Analysis - for State and Local Governments. This statement established new financial reporting requirements for state and local governmental entities throughout the United States. They require new information and restructure much of the iuformation that governments have presented in the past. Comparability with reports issued in prior years is affected.

Other GASB Statements are required to be implemented in conjunction with GASB Statement 34. The District has implemented the following GASB Statements in the current fiscal year: Statement 63 - Financial Reporting of Deferred Outflows of Resources, Deferred Inflows of Resources, and Net Position.

In March 2012, the GASB issued Statement No. 65, Items Previously Reported as Assets and Liabilities. GASB Statement No.65 reclassifies, as deferred outflows of resources or deferred inflows of resources, certain items that were previously reported as assets and liabilities and recognizes, as outflows of resources or inflows of resources, certain items that were previously reported as assets and liabilities. This Statement also provides other financial reporting guidance related to the impact of the financial statement elements deferred outflows of resources and deferred inflows of resources, such as changes in the determination of the major fund calculations and limiting the use of the term deferred in financial statement presentations. The provisions of this Statement are effective for financial statements for periods beginning after December 15, 2012. Management is currently evaluating the impact of the adoption of this Statement but it is expected to have a material impact on the financial statements for the year ended June 30, 2013.

The accompanying financial statements present the financial position of the District and the various funds and fund types, the results of operations of the District and the various funds and fund types, and the cash flows of the proprietary funds. The financial statements are presented as of June 30, 2013 and for the year then ended with comparative totals as of and for the year ended June 30, 2012 (Memorandum Only).

A. Reporting Entity

The Board is an instrumentality of the State of New Jersey, established to function as an educational institution. The Board consists of elected officials and is responsible for the fiscal control of the District. A superintendent is appointed by the Board and is responsible for the administrative control of the District.

Financial accountability includes financial interdependency, selection of governing authority, designation of management, ability to significantly influence operations and accountability for fiscal matters. The combined financial statements include all funds and account groups of the District over which the Board exercises operating control. The operations of the District include ten elementary schools, one junior high school and one senior high school, located in Pemberton Township. The Pemberton Township Board of Education has an approximate enrollment at June 30, 2013 of 5,048 students. There were no additional entities required to be included in the rep011ing entity under the criteria as described above, in

30 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 1. Summary of Siguificant Accounting Policies (continued): the cun-ent fiscal year. Furthermore, the District is not includable in any other reporting entity on the basis of such criteria.

The primary criterion for including activities within the District's repOliing entity, as set forth in Section 2100 of the GASB Codification of Governmental Accounting and Financial Reporting Standards, is whether:

• the organization is legally separate (can sne or be sued in their own name) • the District holds the corporate powers of the organization • the District appoints a voting majority of the organization's board • the District is able to impose its will on the organization • the organization has the potential to impose a financial benefit/burden on the District • there is a fiscal dependency by the organization on the District

Based on the aforementioned criteria, the District has no component units.

B. District-Wide and Fund Financial Statements

The district-wide financial statements (the statement of net position and the statement of activities) report information of all of the nonfiduciary activities of the District. For the most part, the effect of interfund activity has been removed from these district-wide statements. District activities, which nonnally are supported by taxes and intergovernmental revenues, are reported separately from business-type activities, which rely to a significant extent on fees and charges for support.

The statement of activities demonstrates the degree to which the direct expenses of a given function, segment or component unit are offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function, segment, 01' component unit. Program revenues include charges to customers who purchase, use or directly benefit from goods or services provided by a given function, segment or component unit. Program revenues also include grants and contributions that are restricted to meeting the operational or capital requirements of a particular function, segment, or component unit. Taxes and other items not properly included among program revenues are reported instead as general revenues. The District does not allocate general government (indirect) expenses to other functions.

Net position are restricted when constraints placed on them are either externally imposed or are imposed by constitutional provisions or enabling legislation. Internally imposed designations of resources are not presented as restricted net position. When both restricted and unrestricted resources are available for use, generally it is the District's policy to use restricted resources first, and then unrestricted resources as they are needed.

Separate financial statements are provided for governmental funds, proprietary funds, fiduciary funds and similar component units, and major component units. However, the fiduci31'y funds are not included in the district-wide statements. Major individual governmental funds and major individual enterprise funds are reported as separate columns in the fund financial statements.

31 PEMBERTON TOWNSHIP BOARD OF EDUCA nON

NOTES TO THE FINANCIAL STATEMENTS JUNE 30,2013

Note 1. Summary of Significant Accounting Policies (continued):

C. Measuremeut Focus, Basis of Accounting and Financial Statement Presentation

District-Wide Financial Statements - The governmental fund financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Grants and similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

Governmental Fund Financial Statements - The Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the District considers revenues to be available if they are collected within 60 days of the end of the current fiscal year-end. Principal revenue sources considered susceptible to accrual include federal and state grants, interest on investments, tuition and transpOliation. Other revenues are considered to be measurable and available only when cash is received by the state.

Expenditures generally are recorded when a liability is incurred, as under accrual accounting.

D. Fund Accounting

The accounts of the Pemberton Township Board of Education are maintained in accordance with the principles of fund accounting to ensure observance of limitations and restrictions on the resources available. The principles of fund accounting require that resources be classified for accounting and repOliing purposes into funds or account groups in accordance with activities or objectives specified for the resources. The operations of each fund are accounted for with a separate set of self-balancing accounts that comprise its assets, liabilities, fund equity, revenues and expenditures or expenses, as appropriate. Government resources are allocated to and accounted for in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled. An account group, on the other hand, is a financial repOliing device designed to provide accountability for certain assets and liabilities that are not recorded in the funds because they do not directly affect net expendable available financial resources. The various funds and accounts are grouped, in the financial statements in this repOli, into seven fund types within three broad fund categories and two account groups as follows:

Governmental Fnnds

General Fund - The general fund is the general operating fund of the Pemberton Township Board of Education and is used to account for all financial resources except those required to be accounted for in another fund. Included are certain expenditures for vehicles and movable instructional or non instructional equipment which are classified in the Capital Outlay sub­ fund.

32 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 1. Summary of Significant Accouutiug Policies (continued):

D. Fuud Accouutiug (continued):

As required by the New Jersey Department of Education Pemberton Township Board of Education inclUdes budgeted Capital Outlay in this fund. Generally accepted accounting principles (GAAP) as they pel1ain to governmental entities state that General Fund resources may be used to directly finance capital outlays for long-lived improvements as long as the resources in such cases are derived exclusively from unrestricted revenues.

Resources for budgeted capital outlay purposes are normally derived from State of New Jersey Aid, interest earnings and appropriated fund balance. Expenditures are those that result in the acquisition of or additions to fixed assets for land, existing buildings, improvements of grounds, construction of buildings, additions to or remodeling of buildings and the purchase of built-in equipment. These resources can be transferred from and to Current Expense by board resolution.

Special Revenue Fnnd - The Special Revenue Fund is used to account for the proceeds of specific revenue from State and Federal Government, (other than major capital projects, Debt Service or the Enterprise Funds) and local appropriations that are legally restricted to expenditures for specified purposes.

Capital Projects Fund - The capital projects fund is used to account for all financial resources to be used for the acquisition or construction of major capital facilities (other than those financed by proprietary fundS).

Proprietary Fund

The focus of Proprietary Fund measurement is upon determination of net income, fmancial position and cash flows. The generally accepted accounting principles applicable are those similar to businesses in the private sector. The following is a description of the Proprietary Funds of the District:

Enterprise - The enterprise fund is used to account for the operations that are financed and operated in a manner similar to a private business enterprise. The costs of providing goods or services are fmanced primarily through user charges; or, where the District has decided that periodic determination of revenues earned, expenses incurred, and/or net income is appropriate for capital maintenance, public policy, management control, accOlmtability or other purposes.

The District's Enterprise Funds are comprised of the Food Service Fund and School Aged Child Care, Wrap-Around Childcare, Community Education, Bakery & Catering Fund.

33 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30,2013

Note 1. Summary of Significant Accouuting Policies (coutiuued):

D. Fund Accounting (continued):

Proprietary Fund (continned):

All Proprietary funds are accounted for on a cost of services or "capital maintenance" measnrement focus. This means that all assets and all liabilities, whether current or noncurrent, associated with their activity are included on their balance sheets. Their reported fund equity (total net position) is segregated into contributed capital and unreserved retained earnings, if applicable. Proprietary fund type operating statements present increases (revenues) and decreases (expenses) in total net position.

Depreciation of all exhaustive fixed assets used by proprietary funds is charged as au expense against their operations. Accumulated depreciation is reported on proprietary fund balance sheets. Depreciation has been provided over the estimated useful lives using the straight-line-method. The estimated useful lives are as follows:

Food Service Fund: Equipment 5 - IS Years Light Trucks & Vehicle 5 Years Heavy Trucks & Vehicle 5 Years

Internal Service - The internal service fund is used to account for revenues and expenses related to services provided to the funds of the District. The District's Internal Service Fund is comprised of the Workers' Compensation Fund.

Fiduciary Fnnd

Fiduciary funds are used to account for assets held by a governmental entity for other parties (either as trustee or as an agent) and that cannot be used to finance the governmental entity's own operating programs which includes private purpose trust funds and agency funds

Private Purpose Trust Fnnds are used to account for the principal and income for trust arrangements that benefit individuals, private organizations, or other governments. The District currently maintains an Unemployment Trust Fund as a private purpose trust.

Agency Funds are assets held by a governmental entity (either as trustee or as an agent) for other parties that cannot be used to finance the governmental entity's own operating programs. The District currently maintains Payroll funds and Stndent Activity Funds as Agency Funds

34 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 1. Summary of Significant Accounting Policies (continued):

E. Basis of Accounting

The accounting and financial reporting treatment applied to a fund is determined by its measurement focus. All governmental funds and private purpose trust funds are accounted for using a cun'ent financial resources measurement focus. With this measurement focus, only cun'ent assets and current liabilities generally are included on the balance sheet. Operating statements of these funds present increases (i.e., revenues and other financing sources) and decreases (i.e., expenditures and other financing uses) in net current assets.

All proprietary fuuds are accounted for on a flow of economic resources measurement focus. With this measurement focus, all assets and all liabilities associated with the operation of these funds are included on the balance sheet. Fund equity (i.e., net total assets) is segregated into contributed capital and retained earnings components. Proprietmy fund-type operating statements present increases (i.e., revenues) and decreases (i.e., expenses) in net total assets.

The modified accrual basis of accounting is used for measuring financial position and operating results of all governmental fund types, expendable trust funds and agency funds. Under the modified accrual basis of accounting, revenues are recognized when they become both measurable and available. "Measurable" means the amount of the transaction can be determined and "available" means collectible within the current period or soon enongh thereafter to be used to pay liabilities of the current period. State eqnalization monies are recognized as revenue during the period in which they are appropriated. A one­ year availability period is used for revenue recognition for all other governmental fund revenues. Expenditures are recognized in the accounting period in which the fund liability is incurred, except for principal and interest on generallong-terrn debt which are recorded when due.

In its accounting and financial reporting, the Pemberton Township Board of Education follows the pronouncements of the Governmental Accounting Standards Board (GASB) and the pronouncements of the Financial Accounting Standards Board (FASB) and its predecessor organizations issued on or before November 30, 1989, unless they conflict with or contradict GASB pronouncements. The Pemberton Township Board of Education's proprietary funds have elected not to apply the standards issued by FASB after November 30,1989.

The accrual basis of accounting is used for measuring financial positIOn and operating results of proprietary fund types and private purpose trust funds. Under this method, revenues are recognized in the accounting period in which they are earned and expenses are recognized when they are incurred.

F. BudgetslBudgetary Control

Annual appropriated budgets are prepm'ed in the spring of each year for the general, special revenue and debt service funds. Effective Janum'y 17,2012, P.L.2011 c.202 eliminated the annual voter referendum on budgets which met the statutory tax levy cap limitations mld the board of education members are elected at the November general election. Budgets are prepared using the modified accrual basis of

35 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

1. Summary of Significant Accounting Policies (continued):

F. Bndgets/Budgetary Control (continued): accounting. The legal level of budgetary control is established at line item accOlmts within each fund. Line item accounts are defined as the lowest (most specific) level of detail as established pursuant to the minimum chart of accounts referenced in NJA.C.6A:23-1.2. All budget amendments must be approved by School Board resolution.

Formal budgetary integration into the accounting system is employed as a management control device during the year. For governmental funds there are no substantial differences between the budgetary basis of accounting and generally accepted accounting principles with the exception of the legally mandated revenue recognition of the last state aid payment for budgetary purposes only and the special revenue fund as noted below. Encumbrance accounting is also employed as an extension of formal budgetalY integration in the governmental fund types. Unencumbered appropriations lapse at fiscal year-end.

The accounting records of the special revenue fund are maintained on the grant accounting budgetary basis. The grant accounting budgetary basis differs from GAAP in that the grant accounting budgetalY basis recognizes encumbrances as expenditures and also recognizes the related revenues, whereas the GAAP basis does not. Sufficient supplemental records are maintained to allow for the presentation of GAAP basis financial reports.

The budget, as detailed on Exhibit C-I, includes all alnendments to the adopted budget, if all)'.

G. Encumbrances

Under encumbrance accounting purchase orders, contracts and other commitments for the expenditure of resources are recorded to reserve a pOliion of the applicable appropriation. Open encumbrances in governmental funds other than the special revenue fund are repolied as reservations of fund balances at fiscal year-end as they do not constitute expenditures or liabilities but rather commitments related to unperfornled contracts for goods and services.

Open encumbrances in the special revenue fund for which the Pemberton Township Board of Education has received advances are reflected in the balance sheet as deferred revenues at fiscal year-end.

The encumbered appropriation authority carries over into the next fiscal year. An entry will be made at the beginning of the next fiscal year to increase the appropriation reflected in the certified budget by the outstanding encumbrance amount as ofthe current fiscal year-end.

H. Cash and Cash Equivalents

Cash and Cash equivalents include petty cash, change funds, cash in banks and all highly liquid investments with a maturity of three months or less at the time of purchase and are stated at cost plus accrued interest. U.S. Treasury and agency obligations and certificates of deposit with maturities of one year or less when purchased are stated at cost.

36 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

1. Summary of Significant Accounting Policies (continued):

H. Cash and Cash Equivalents (continued):

New Jersey School Districts are limited as to the types of investments and types of financial institutions they may invest in. N.J.S.18A:20-37 provides a list of permissible investments that may be purchased by New Jersey school districts.

Additionally, the District has adopted a cash management plan that requires it to deposit public funds in public depositories protected from loss under the provisions ofthe Governmental Unit Deposit Protection Act ("GUDPA"). GUDPA was enacted in 1970 to protect Governmental Units from loss of funds on deposit with a failed banking institution in New Jersey.

N.J.S.A.17:9-41 et. Seq. establishes the requirements for the security of deposits of governmental units. The statute requires that no governmental unit shall deposit public funds in a public depository unless such funds are secured in accordance with the Act. Public depositories include Savings and Loan institutions, banks (both state and national banks) and savings banks the deposits of which are federally insured. All puhlic depositories must pledge collateral, having a market value at least equal to five percent of the average daily balance of collected public funds, to secure the deposits of Governmental Units. If a public depository fails, the collateral it has pledged, plus the collateral of all other public depositories, is available to pay the full amount of their deposits to the Governmental Units.

I. Tuition ReceivablelPayable

Tuition charges were established by the Board of Education based on estimated costs. The charges are subject to adjustment when the final costs have been determined.

These adjustments are recorded upon certification by the State Board of Education, which is normally two years following the contract year. The cumulative adjustments through June 30, 2013, which have not been recorded, are not determinable.

The tuition rate adjustments for the years 2010-2011 have been established. According to the School District's records, these amounts of adjustments are immaterial to the financial statements.

J. Inventories & Prepaid Expenses

Inventories are valued at cost, which approximates market. The costs are determined on a first-in, first­ out method.

The cost of inventories in governmental fund types is recorded as expenditures when purchased rather than when consumed.

Prepaid expenses, which benefit future periods, other than those recorded in the enterprise fmlds, are recorded as expenditure during the year of purchase. Prepaid expenses in the enterprise fund represent payments made to vendors for services that will benefit periods beyond June 30, 2013.

37 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

1. Summary of Significant Acconnting Policies (continned):

K. Short-Term Interfnnd ReceivahleslPayables

Short-term interfund receivables/payables represent amounts that are owed, other than charges for goods or services rendered to/from a particular fund in the Pemberton Township Board of Education and that are due within one year.

L. Fixed Assets

General fixed assets acquired or constructed during the year are reported in the applicable govel11mental or business-type activities colunms in the district-wide financial statements. Fixed assets are defined by the District as assets, which have a cost in excess of $2,000 at the date of acquisition and a useful life of one year or more. Donated fixed assets are valued at their estimated fair market value on the date received. The general fixed assets acquired or constructed were valued by an independent appraisal company. General fixed assets, such as land and buildings, are valued at the historical cost basis and through estimated procedures performed by an independent appraisal company, respectively.

General fixed assets are reflected as expenditures in the applicable governmental funds. Depreciation expense is recorded in the district-wide financial statements as well as the proprietary fund. Capital assets are depreciated on the straight-line method over the assets' estimated useful life. There is no depreciation recorded for land and construction in progress. Generally estimated useful lives are as follows: Machinery and Equipment 3 - 20 Years Building & Other Improvements 7 - 60 Years Infrastructure 30 Years

M. Accrued Salaries and Wages

District employees, who provide services to the District over the ten-month academic year and extended eleven-month calendar, do not have the option to have their salaries disbursed during the entire twelve­ month year. Therefore, there is no accrual as of June 30, 2013 for such salaries.

N. Compensated Absences

Compensated absences are those absences for which employees will be paid, such as vacation, sick leave and sabbatical leave. A liability for compensated absences that are attributable to services already rendered, and that are not contingent on a specific event that is outside the control of the District and its employees, is accrued as the employees earn the rights to the benefits. Compensated absences that relate to future services, or that are contingent on a specific event that is outside the control of the District and its employees, are accounted for in the period in which such services are rendered or in which such events take place.

In the District-Wide financial statements, under governmental activities, compensated absences are reported as an expenditure and noncurrent liabilities.

38 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

1. Summary of Siguificant Accounting Policies (continued):

O. Deferred Revenue

Deferred revenue in the special revenue fund represents cash, which has been received but not yet earned.

P. Long-term Obligations

In district-wide financial statements, under governmental activities, long-term debt is recognized as a liability in the general fund as debt is incurred.

Q. Fund Equity

In accordance with Government Accounting Standards Board 54, Fund Balance Reporting and Governmental Fund Type Definitions, the Pemberton Township Board of Education classifies governmental fund balances as follows:

• Non-spendable - includes fund balance amounts that cannot be spent either because it is not in spendable form or because legal or contractual constraints. • Restricted - includes fund balance amounts that are constrained for specific purposes which are externally imposed by external parties, constitutional provision or enabling legislation. • Committed - includes fund balance amounts that are constrained for specific purposes that are internally imposed by the government through formal action of the highest level of decision making authority and does not lapse at year-end. • Assigned - includes fund balance amounts that are intended to be used for specific purposes that are neither considered restricted or committed. Fund Balance may be assigned by the Business Administrator. • Unassigned - includes balance within the General Fund which has not been classified within the above mentioned categories and negative fund balances in other governmental funds

The Pemberton Township Board of Education uses restricted/committed amounts to be spent first when both restricted and unrestricted fund balance is available, unless prohibited by law or regulation. Additionally, the Pemberton Township Board of Education would first use committed, then assigned and lastly unassigned amounts of nnrestricted fund balance when expenditures are made.

R. Subsequent Events

Pemberton Township Board of Education has evaluated subsequent events occurring after June 30, 2013 through the date of November 20,2013, which is the date the financial statements were available to be issued.

39 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 2, Cash aud Cash Equivalents

The District is governed by the deposit and investment limitations of New Jersey state law. The Deposits and investments held at June 30, 2013, and reported at fair value are as follows:

Carrying Type Value Deposits Demand Deposits $ 15,295,774

Total Deposits $ 15,295,774

The District's Cash & Cash Equivalents are Reported as Follows:

Governmental Actvities $ 12,905,359 Business-Type Actvities 726,261 Fiduciary Funds 1,664,154

Total Cash & Cash Equivalents $ 15,295,774

Custodial Credit Risk - Custodial credit risk is the risk that, in the event of a bank failure, the Board's deposits may not be recovered. Although the Board does not have a formal policy regarding custodial credit risk, NJSA 17:9-41 et seq. requires that the governmental units shall deposit public funds in public depositories protected from loss under the provisions of the Governmental Unit Deposit Protection Act (GUDPA). GUDPA is a supplemental insurance program set f01ih by the New Jersey Legislature to protect the deposits of local govemmental agencies. The program is administered by the Commissioner of the New Jersey Department of Banking and Insurance. Under the Act, the first $250,000 of governmental deposits in each insured depository is protected by FDIC. Public fund owned by the Board in excess of FDIC insured amounts are protected by GUDPA.

However, GUDPA does not protect intermingled trust funds such as salaty withholdings, student activity funds or funds that may pass to the Board relative to the haopening of a future condition. Such funds are shown as Uninsured and Uncollateralized in the schedule below. As of June 30, 2013, the District's bank balance of$16,816,632 was exposed to custodial credit risk as follows:

Insured $ 425,414 Uninsured and uncollateralized 2,370,245 Collateralized in the District's Name Under GUDPA 14,020,973

Total $16816632

Note 3. Accounts Receivable

Accounts receivable at June 30, 2013 consisted of accounts and intergovernmental grants. All receivables are considered collectible in full due to the stable condition of state programs and the CUlTent

40 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 3. Accouuts Receivable (continued): fiscal year guarantee of federal funds. Accounts receivable as of fiscal year end for the School District's individual major and fiduciary funds, in the aggregate, are as follows:

Special Capital General Revenue Projects Proprietary Fund Fund Fund Funds Total

Intergovemmental $ 642,334 $ 650,670 $ 432,931 $ 93,627 $ 1,819,562 Other 110,731 5,751 116,482

Total $ 753,065 $ 650,670 $ 432,931 $ 99,378 $ 1,936,044

Note 4. Fixed Assets

The following schedule is a smnmarization of the general fixed assets by source for the fiscal year ended June 30, 2013: June 30, June 30, 2012 Additions Deletions Adjustments 2013 Non·Depreciable Assets Land $ 1,458,200 $ $ $ $ 1,458,200

Total Non-Depreciable Assets 1,458,200 1,458,200

DeJlreciable Assets Land Improvments 4,120,580 4,120,580 Construction in Progress 2,192,521 3,358,333 5,550,854 Buildings 72,131,815 72,131,815 Machinery & Equipment 13,299,713 772,288 221,892 (28,599) 13,821,510

Subtotal 93,202,829 4,130,621 221,892 (28,599) 97,082,959

Accumulated Depreciation Land Improvments (3,789,580) (51,946) (3,841,526) Buildings (20,994,614) (1,378,628) (22,373,242) Machinery & Equipment (7,680,625) (838,874) 214,451 (8,305,048)

Total $ 60,738,010 $ 1,861,173 $ 221,892 $ 185,852 $ 62,563,143

41 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30,2013

Note 4. Fixed Assets (continued):

The following is a summary of proprietary fund type fixed assets at June 30, 2013:

June 30, June 30, 2012 Additions Deletions 2013 Degreciable Assets Machinery & Equipment $ 47,042 $ $ $ 47,042

Subtotal 47,042 47,042

Accumulated DeRreciation Machinery & Equipment (47,042) (47,042)

Total $ $ $ $

Note 5. Long-Term Obligations

During the fiscal year ended June 30, 2013 the following changes occurred in liabilities repOlied in the long-term debt:

June 30, June 30, Due Within 2012 Increase Decrease 2013 One Year GASB #45 - Other Post Employment Benefits $ 91,390 $ $ 35,697 $ 55,893 $ Compensated Absences Payable 4,598,995 95,680 4,694,675

Total $ 4,690,385 $ 95,680 $ 35,697 $ 4,750,568 $

Note 6. Pension Plans

Plan Descriptions - All required employees of the District are covered by either the Public Employees' Retirement System or the Teachers' Pension and Annuity Fund which have been established by state statute and are administered by the New Jersey Division of Pension and Benefits (Division). According to the State of New Jersey Administrative Code, all obligations of both systems will be assumed by the State of New Jersey should the Systems tenninate. The Division issues a publicly available financial report that inclndes the financial statements and required supplementary information for the Public Employees Retirement System and the Teachers' Pension and Annuity Fund. These reports may be obtained by writing to the Division of Pensions and Benefits, P.O. Box 295, Trenton, New Jersey, 08625.

42 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 6. Pension Plans (continued):

Teachers' Pension and Annuity Fund (TPAF) - The Teachers' Pension and Annuity Fund was established in January 1955, under the provisions of N.J.SA.18A:66 to provide retirement benefits, death, disability and medical benefits to certain qualified members. The Teachers' Pension and Annuity Fund is considered a cost-sharing multiple-employer plan with a special funding situation, as nnder current statute, all employer contributions are made by the State of New Jersey on behalf of the District and the system's other related noncontributing employers. Membership is mandatory for substantially all teachers or members of the professional staff celtified by the State Board of Examiners and employees of the Department of Education who have titles that are unclassified, professional and certified.

Public Employees' Retirement System (PERS) - The Public Employees' Retirement System (PERS) was established in January 1955 under the provisions of N.J.SA.43: 15A to provide retirement, death, disability and medical benefits to certain qualified members. The Public Employees' Retirement System is a cost-sharing multiple-employer plan. Membership is mandatory for substantially all full-time employees of the State of New Jersey or any county, municipality, school district, or public agency, provided the employee is not required to be a member of another state-administered retirement system or other state or local jurisdiction.

Vesting and Benefit Provisions - The vesting and benefit provisions ofPERS are set by N.J.SA.43:15A and 43.3B and N.J.SA.18A:6C for TPAF. All benefits vest after eight to ten years of service, except for medical benefits that vest after 25 years of service. Retirement benefits for age and service are available at age 55 and are generally determined to be 1/55 of the final average salary for each year of service credit, as defined. Final average salary equals the average salary for the final three years of service prior to retirement (or highest three years' compensation if other than the final three years). Members may seek early retirement after achieving 25 years of service credit or they may elect deferred retirement after achieving eight to ten years of service in which case benefits would begin the first day of the month after the member attains normal retirement age. The TP AF and PERS provides for specified medical benefits for members who retire after achieving 25 years of qualified service, as defined, or under the disability provisions of the System.

Members are always fully vested for their own contributions and, after three years of service credit, become vested for 2% of related interest earned on the contributions. In the case of death before retirement, members' beneficiaries are entitled to full interest credited to the members' accounts.

Chapter 78, P.L. 2011 changed this for employees enrolled after June 28, 2011. See Significant Legislation below.

Significant Legislation - During the year ended June 30, 1997, legislation was enacted (Chapter 114, P.L. 1997) authorizing the New Jersey Economic Development Authority to issue bonds, notes or other obligations for the purpose of financing, in full or in part, the State of New Jersey's portion of the unfunded accrued liability under the State of New Jersey retirement systems. Additional legislation enacted during the year ended June 30, 1997 (Chapter 115, P.L. 1997) changed the asset valuation method from market related value to full-market value. This legislation also contained a provision to reduce the employee contribution rate by Y, of 1% to 4.5% for calendar years 1998 and 1999, and to allow for a reduction in the employee'S rate after calendar year 1999, providing excess valuation assets are available. The legislation also provided that the District's uormal contributions to the Fund may be

43 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 6. Pension Plans (continued): reduced based on the revaluation of assets. Due to recognition of the bond proceeds and the change in asset valuation method as a result of enactment of Chapters 114 and 115, all unfunded accrued liabilities were eliminated, except for the unfunded liability for local eaTly retirement incentive benefits; accordingly, the pension costs for TPAF and PERS were reduced.

New Legislation signed by the Acting Governor (Chapter 133, Public Laws 2001) changed the formula for calculating retirement benefits for all current and future non-veteran retirees from N/60 to N/55 (a 9.09% increase). This legislation, signed June 29, 2001, provides that all members of the TPAF and the PERS will have their pensions calculated on the basis of years of credit divided by 55. It also provides that all current retirees will have their original pension recalculated under the N/55 formula. Starting February 1, 2002, pension cost of living adjustments will be based on the new original pension.

Effective June 28, 2011, Chapter 78, P.L. 2011 reformed various pension and health benefits provisions. Employees hired after June 28,2011 and enrolled in PERS will be enrolled in a new tier, Tier 5. Full retirement for Tier 5 PERS members will be age 65 and 30 years of service.

All cost of living adjustments are frozen until the pension fund reaches a "target funded ratio".

Chapter 78 also requires all covered employees to contribute a prescribed percentage towards their health costs.

Coutributiou Requirements - The contribution policy is set by NJ.S.A.43:15A, Chapter 62, P.L. of 1994, Chapter 115, P.L. of 1997 and NJ.S.A.18:66, and requires contributions by active members and contributing employers. Plan member and employer contributions may be amended by State of New Jersey legislation. TPAF and PERS provide for employee contributions of 6.5%, effective October 1, 2011, of employees' annual compensation, as defined. The rate will increase over the next seven years to 7.5%. Employers are required to contribute at an actuarially determined rate in both TPAF and PERS. The actuarially determined contribution includes funding for both cost-of-living adjustments, noncontributory death benefits and post-retirement medical premiums. Under current statute the District is a noncontributing employer of the TPAF.

Three-Year Trend Information for PERS

Annual Percentage Net Year Pension ofAPC Pension Funding Cost (APC) Contributed Obligation

6/3012013 $ 1,644,440 100% $ 6/30/2012 1,707,997 100% 6/30/2011 1,410,247 100%

44 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 6. Pension Plans (continned):

Three-Year Trend Information for TPAF Pension & Post-Retirement Medical Contributions (paid on behalf of the District)

Annual Percentage Net Year PensionlMedical ofAPC Pension Funding Cost (APC) Contributed Obligation

6/30/2013 $ 6,121,125 100% $ 6/30/2012 4,413,314 100% 6/30/2011 3,142,031 100%

During the year ended June 30,2013 the State of New Jersey contributed $6,121,125 to the TPAF for normal post-retirement benefits on behalf of the District. Also in accordance with N.J.S.A.lSA:66-66 the State of New Jersey reimbursed the District $3,350,437 for the year ended June 30, 2013 for the employer's share of social security contributions for TPAF members as calculated on their base salaries. This amount has been included in the basic financial statements, and the combining and individual fund and account group statements and schedules as a revenue and expenditure in accordance with GASB 27.

Note 7. Post-Retirement Benefits

Chapter 384 of Public Laws 1987 and Chapter 6 of Public Laws 1990 required Teachers' Pensions and Annuity Fund (TPAF) and the Public Employees' Retirement System (PERS), respectively, to fund post­ retirement medical benefits for those State Employees who retire after accumulating 25 years of credited service or on a disability retirement. P.L. 2007, c.103 anlended the law to eliminate the funding of post­ retirement medical benefits through the TPAF and PERS. It created separate funds outside of the pension plans for the funding and payment of post-retirement medical benefits for retired State employees and retired educational employees. As of June 30, 2012, there were 97,661 retirees eligible for post-retirement medical benefits. The cost of these benefits is funded through contributions by the State in accordance with P.L. 1994, c.62. Funding of post-retirement medical premiums changed from a prefunding basis to a pay-as-you-go basis beginning in Fiscal Year 1994.

The State is also responsible for the cost attributable to P.L. 1992, c.126, which provides free health benefits to members of PERS and the Alternate Benefit Program who retired from a board of education or county college with 25 years of service. The State paid $146.6 million toward Chapter 126 benefits for 16,618 eligible retired members in Fiscal Year 2012.

Note 8. Risk Management

The District is exposed to various risks of loss related to torts; theft of, damage to and destruction of assets; errors and omissions; injuries to employees; and natural disasters.

45 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 8. Risk Management (continned):

Property and Liability Insnrance - The District maintains commercial insurance coverage for property, liability, student accident and surety bonds. A complete schedule of insurance coverage can be found in the Statistical Section of this Comprehensive Annual Financial Report.

New Jersey Unemployment Compensation Insurance - The District has elected to fund their New Jersey Unemployment Compensation Insurance under the "Benefit Reimbursement Method". Under this plan the District is required to reimburse the New Jersey Unemployment Trust Fund for benefits paid to its former employees and charged to its account with the State. The District is billed quarterly for amounts due to the State. The following is a summary of School District contributions, reimbursements to the State for benefits paid and the ending balance of the School District's expendable trust fuud for the current and previous two years:

District Interest Amount Ending Fiscal Year Contributions Earned Reimbursed Balance

2012-2013 $ 98,046 $ $ 94,058 $ 450,774 2011-2012 198,028 8 199,784 446,786 2010-2011 96,020 175 218,881 448,534

Note 9. Contingent Liabilities

The District is a defendant in several legal proceedings that are in various stages of litigation. It is believed that the outcome, or potential losses, if any, would not be material to the financial statements.

Note 10. Economic Dependency

The District receives a substantial amount of its support from federal and state governments. A significant reduction in the level of support, if this were to occur, could have an effect on the District's programs and activities.

Note 11. Interfund Receivables and Payables

The following interfund balances remained on the balance sheet at June 30,2013:

Interfund Interfund Fund Receivable Payable

General Fund $682,619 Proprietary Funds $370,081 Trust & Agency Fund 312,538

Total $682619 $682619

The purpose ofthe above is for short term borrowing.

46 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 12. Fuud Balauce Disclosures

General Fnnd (Exhibit B-1) - Of the $11,190,526 General Fund fund balance at June 30, 2013, $247,736 is restricted for a tuition reserve; $152,264 is restricted for tuition reserve designated for subsequent year's expenditures; $2,780,329 is restricted for excess surplus; $1,000,000 is restricted for a emergency reserve; $2,450,000 is restricted for required maintenance; $2,615,806 is restricted for capital reserve; $2,000,000 is restricted for a capital reserve designated for Subsequent Years Expenditures and $(55,609) is unassigned.

Capital Projects Fund (Exhibit B-1) - Of the $1,129,823 Capital Fund fund balance at June 20,3013, $551,949 is restricted for Capital Projects and $577,874 is assigned and designated for subsequent year's expenditures.

Note 13. Deferred Compensation

The Board offers its employees a choice of the following deferred compensation plans created in accordance with Internal Revenue Code Section 403(b). The plans, which are administered by the entities listed below, permits participants to defer a portion of their salary until future years. Amounts deferred under the plans are not available to employees until termination, retirement, death or unforeseeable emergency. The plan administrators are as follows:

Thomas Seely Agency, Inc. Valic Lincoln Investment Planning, Inc. Equitable Advanced Asset Planning Service

Note 14. Compensated Absences

The District accounts for compensated absences (e.g., unused vacation, sick leave) as directed by Governmental Accounting Standards Board Statement No. 16 (GASB 16), "Accounting for Compensated Absences". A liability for compensated absences attributable to services already rendered and not coutingent on a specific event that is outside the control of the employer and employee is accrued as employees earn the rights to the benefits.

District employees are granted vacation and sick leave in varying amounts under the District's personnel policies. In the event of termination, an employee is reimbursed for accumulated vacation. Sick leave benefits provide for specified dollar amount per sick day accumulated and begin vesting with the employee after one year of service.

The liability for vested compensated absences of the governmental fund types is recorded in the statement of net position under governmental activities. The current portion of the compensated absence balance is not considered material to the applicable funds total liabilities, and is therefore not shown separately from the long-term liability balance of compensated absences. The amount at June 30, 2013 is $4,694,675.

47 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 14. Compensated Absences (continued):

The liability for vested compensated absences of the proprietary fnnd types is recorded within those funds as the benefits accrue to employees. As of June 30, 2013 no liability existed for compensated absences in the proprietary fund types.

Note 15. Blue CrosslBlue Shield - IBNR Claims Reserve

The District participates in a minimum premium policy with Blue CrosslBlue Shield. This plan requires that a liability be maintained on the balance sheet of the District to cover the claims that have been incuned but not reported to the can-ier. The District's insurance consultant obtains the amount to be maintained annually from reports obtained from Blue CrosslBlue Shield.

Note 16. Calculation of Excess Surplus hI accordance with N.J.S.A.18A:7F-7, as amended by P.L. 2004, c.73 (SI701), the designation for Reserved Fund Balance - Excess Surplus is a required calculation pursuant to the New Jersey Comprehensive Educational Improvement and Financing Act of 1996 (CEIF A). New Jersey school districts are required to reserve General Fund fund balance at the fiscal year-end of June 30 if they did not appropriate a required minimum amount as budgeted fund balance in their subsequent years' budget. The excess fund balance at June 30, 2013 is $2,708,329.

Note 17. Capital Projects

Of the total Capital Projects expenditures of $1,475,670, $1,451,981 are for renovations of the Fort Dix School. This is federal property and the District serves as a flow-through of the revenues and expenditures and the school is not considered an asset of the District.

Note 18. GASB #45 - Post Retirement Health Benefits

The Pemberton Township School District provides Medicare Part B reimbursement to a closed group of retirees who participated in the E.I.R. and are depicted on the letter from Director of Personnel dated January 4, 1995. Current active employees are not eligible for the Medicare Part B reimbursement. The Pemberton Township School District pays 100% of the supplementary Medicare insurance cost for the retiree.

The Pemberton Township School District's annual Other Post-Employment Benefit cost is calculated based on the Annual Required Contribution. The actuarial cost method used to detelmine the Plan's funding requirements is the "Unit Credit" method. Under this method, an actuarial accrued liability is dete=ined as the present value of the earned benefits, which is allocated to service before the current plan year. The Plan is currently unfunded. The unfunded actuarial liability is amortized over the average life expectancy of the retiree population.

48 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 18. GASB #45 - Post Retirement Health Benefits (continued):

The following table shows the changes in the Pemberton Township School District's annual Other Post­ Employment Benefit cost for the year, the amount actually contributed to the Plan and changes in the Corporation's net Other Post-Employment Benefit obligation to the plan:

Annual Required Contribution $11,272 Interest on Net Other Post-Employment Benefit Adjustment to Annual Required Contribution ( )

Annual Other Post-Employment Benefit ( ) Contributions Made ( 1,198)

Increase in Net OPEB Obligation 10,074 Net OPEB, Beginning of Year 91,390

Revaluation of OPEB Obligation (35,497)

Net OPEB, End of Year $55.893

The Pemberton Township School District's annual Other Post-Employment Benefit cost, the percentage of armual Other Post Employment Benefit cost contributed to the Plan, and the net Other Post Employment Benefit obligation (OPEB) for the year ending June 30, 2013 is as follows:

YEAR ANNUAL PERCENTAGE NETOPEB ENDED OPEBCOST CONTRIBUTED OBLIGATION

06/30/13 $11,272 0% $55,893

Actuarial assumptions were used to value the post-retirement medical liabilities. Actuarial assumptions were based on the actual experience of the covered group, to the extent that creditable experience data was available, with an emphases on expected long-term future trends rather than giving undue weight to recent past experience. The reasonableness of each actuarial assumption was considered independently based on its own merits, its consistency with each other assumption, and the combined impact of all assumptions.

Two economic assumptions used in the valuation are the discount rate and the health care cost trend rates. The economic assumptions are used to account for changes in the cost of benefits over time and to discount future benefit payments for the time value of money.

The investment return assumption (discount rate) should be the estimated long-term investment yield on the investments that are expected to be used to finance the payments of benefits. The investments expected to be used to finance the payments of benefits would be plan assets for funded plans, assets of the employer for pay-as-you-go plans, or a proportionate combination of the two for plans that being partially funded. We assumed a discount rate of 5.0 percent for purposes of developing the liabilities and Annual Required Contribution on the basis that the Plan would not be funded. We based medical claims cost for retirees on $1,198 per year for calendar year 2013. We assumed health care costs would increase armually at a rate of 5%.

49 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 18. GASB #45 - Post Retirement Health Benefits (continned):

The Pemberton Township School District currently has ten eligible retired employees recelVlng retirement benefits. The net Other Post-Employment Benefit obligation to the Pemberton Township School District to provide benefits to the retiree for the year ended June 30, 2013, was $55,893.

Note 19. Reserve Accounts

A. Capital Reserve

Funds placed in the capital reserve account are restricted to capital projects in the district's approved Long Range Facilities Plan (LRFP). Upon submission of the LRFP to the department, a district may increase the balance in the capital reserve by appropriating funds in the annual general fund budget certified for taxes or by transfer by Board resolution at year-end of any unanticipated revenue or unexpended line-item appropriation amounts, or both. A district may also appropriate additional amounts when the express approval of the voters has been obtained either by a separate proposal at budget time or by a special question at one of the four special elections authorized pursuant to NJSA.19:60-2. Pursuant to NJA.C.6:23A-14.1(g), the balance in the account cannot at any time exceed the local support costs of uncompleted capital projects in its approved LRFP.

The activity of the capital reserve for the July I, 2012 to June 30, 2013 fiscal year is as follows:

Beginning Balance, July 1,2012 $ 7,098,689

Transfers In 699,646

Withdrawls for Capital Expenditures (3,182,529)

Ending Balance, June 30, 2013 $ 4,615,806

B. Maintenance Reserve

The maintenance reserve account is used to accumulate funds for the required maintenance of a facility in accordance with the EFCFA (N.JSA. 18A: 7G-9) as amended by P.L. 2004, c.73(S1701). Districts may only increase the balance in the maintenance reserve account by appropriating ftmds in the annual general ftmd budget certified for taxes (NJA.C.6A:23A-14.2) or by deposit of any unanticipated revenue or unexpended line-item appropriation by board resolution at year end. The board resolution for deposit at year end into a maintenance reserve account must be made between June I and June 20 of the budget year. EFCFA requires that upon District completion of a school facilities project, the District must submit a plan for the maintenance of that facility. Auditors and District staff should refer to the regulations, NJA.C.6A:26A, for further guidance. A separate line is provided in the AUDSUM for this reserve account.

50 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 19. Reserve Accouuts (coutinued):

B. Maintenance Reserve (continued):

GASBS No. 54 requires the further categorization of the maintenance reserve account balance on the Governmental Funds Balance Sheet (Exhibit B-1) as restricted, committed, and/or assigned. The Department recommends reporting the maintenance reserve under "Restricted" fund balance due to the statutory and regulatory restrictions on withdrawals from maintenance reserve. The same categorization is applicable to the General Fund Budgetary Comparison Schedule (Exhibit C-I)

The activity of the maintenance reserve for the July I, 2012 to June 30, 2013 fiscal year is as follows:

Beginning Balance, July 1,2012 $2,450,000

Ending Balance, June 30, 2013 $2,450.000

C. Emergency Reserve

The emergency reserve account is used to accumulate funds in accordance with NJS.A.18A: 7F-41 c(1) to finance unanticipated general fund expenditures required for a thorough and efficient education. Unanticipated means reasonably unforeseeable and shall not include additional costs caused by poor planning. The maximum balance permitted at any time in this reserve is the greater of $250,000 or 1 percent of the general fund budget not to exceed $1 million. Deposits may be made to the emergency reserve account by board resolution at year end of any unanticipated revenue or unexpended line item appropriation or both. The department has defined year end for the purpose of depositing surplus into reserve accounts as an amount approved by the district board of education between June I and June 30. Withdrawals from the reserve require the approval of the Commissioner unless the withdrawal is necessary to meet an increase in total health care costs in excess of 4 percent.

GASBS No. 54 requires the further categorization of the emergency reserve account balance on the Governmental Funds Balance Sheet (Exhibit B-1). The emergency reserve has siguificant externally imposed restrictions on its withdrawal and should be categorized as "Restricted" fund balance. The same categorization is applicable to the General Fund Budgetary Comparison Schedule (Exhibit C-I)

The activity of the maintenance reserve for the July 1,2012 to June 30, 2013 fiscal year is as follows:

Beginning Balance, July I, 2012 $1,000,000

Ending Balance, June 30, 2013 $1.000000

D. Tuition Reserve

A tuition reserve account may be established in accordance with NJA. C. 6A: 23-3.1 (j) for tuition between two Boards of Education that are in a formal sending/receiving relationship. The maximilln amount that may be restricted at year end is 10% of the estimated contract year. Upon certification of tuition rates in the second year following the contract year, full appropriation of the applicable year's reserve must be liquidated and any remaining balance related to that year must be reserved and budgeted for tax relief. The District's tuition reserve account balance of $400,000 as of June 30, 2013 is comprised of $247,736

51 PEMBERTON TOWNSHIP BOARD OF EDUCATION

NOTES TO THE FINANCIAL STATEMENTS JUNE 30, 2013

Note 19. Reserve Accounts (continued):

D. Tuition Reserve (continned): established during 201012012 which will be used to pay for any tuition adjustments for the fiscal year ending June 30, 2013 and $152,264 established during 2012/2013 which will be used to pay for any tuition adjustments for the fiscal year ending June 30, 2014.

Note 20. Subsequent Events

A. Fort Dix Elementary School

As approved at the September 26, 2013 Board meeting, the Fort Dix Elementary School was transferred from the U.S. Department of Education to the Pemberton Township School District. As part of the agreement the Pemberton Township School District appropriated funds from the Department of Defense to bring the Fort Dix Elementary School up to proper life-safety building codes and to provide an appropriate educational enviromnent.

B. Joining the State Health Benefits Plan

As of October 1, 2013, the Pemberton Township School District moved from Blue CrosslBlue Shield into the State Health Benefits Program. As of June 30, 2013 an IBNR reserve still existed on the books, but will most likely be exhausted by the end of the year.

Note. 21 Deficit Fund Balances

2003, C97 provides that in the event a state school aid payment is not made until the following school budget year, districts must record the last state aid payment as revenue, for budget purposes only, in the current school budget year. The bill provides legal authority for school districts to recognize this revenue in the current budget year. For intergovernmental transactions, GASB Statement No. 33 requires that recognition (revenue, expenditure, asset, liability) should be in symmetry, i.e., if one goverrnnent recognizes as asset, the other government recognizes a liability. Since the State is recording the last state aid payment in the subsequent fiscal year, the school district cannot recognize the last state aid payment on the GAAP financial statements until the year the State records the payable. Due to the timing difference of recording the last state aid payment, the Special Revenue Fund balance deficit does not alone indicate that the district is facing financial difficulties.

Pursuant to P.L. 2003, c.97 any negative unreserved, undesignated fund balance that is reported a direct result from a delay in the payment of state aid until the following fiscal year, is not considered in violation of New Jersey statute and regulation nor in need of corrective action. The District deficit in the GAAP funds statements in the Special Revenue Fund of$(451,082) is equal to the last state aid payment.

52 I I I I

I I I I REQUIRED SUPPLEMENTARY INFORMATION - PART II I I

I I C. Budgetary Comparison Schedules

EXHIBIT C-l (Page 1 of 13) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITlVEi POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL Revenues: Local Sources: Local Tax Levy $ 12,196,428 $ $ 12,196,428 $ 12,196,428 $ $ 11,957,283 $ $ 11,957,283 $ 11,957,283 $ Tuition 300,000 300,000 351,241 51,241 100,000 100,000 367,462 267,462 Transportation 80,000 80,000 76,705 (3,295) 30,000 30,000 66,924 36,924 Interest Earned on Maintenance Reserve 1,500 1,500 (1,500) 3,000 3,000 (3,000) Intcrcst Earned on Capital Reserve 5,000 5,000 (5,000) 10,000 10,000 (10,000) Miscellaneous 369,719 369,719 699,651 329,932 475,000 475,000 608,646 133,646

Total Local Sources 12,952,647 12,952,647 13,324,025 371,378 12,575,283 12,575,283 13,000,315 425,032

State Sources: Categorical Special Education Aid 2,564,743 2,564,743 2,564,743 2,324,016 2,324,016 2,427,373 103,357 Equalization Aid 43,074,494 43,074,494 43,074,494 41,040,477 41,040,477 42,958,255 1,917,778 v. 1,213,845 1,156,744 1,156,744 1,226,651 69,907 w Categorical Security Aid 1,213,845 1,213,845 Adjustment Aid 32,859,724 32,859,724 32,859,724 33,930,302 33,930,302 35,707,309 1,777,007 Categorical Transportation Aid 2,413,166 2,413,166 2,413,166 2,207,614 2,207,614 2,414,170 206,556 School Choice Aid 107,064 107,064 107,064 22,275 22,275 Extraordinary Aid 112,368 112,368 474,567 362,199 112,368 112,368 500,140 387,772 Nonpublic Transportation Aid 10,092 10,092 17,512 17,512 Nonbudgeted: On-Behalf TPAF Pension Contributions 2,872,760 2,872,760 1,466,087 1,466,087 On-BehalfTPAF Medical Contributions 3,248,365 3,248,365 2,947,217 2,947,217 Reimbursed TPAF Social Security Contributions 3,350,437 3,350,437 3,495,590 3,495,590

Total State Sources 82,345,404 82,345,404 92,189,257 9,843,853 80,771,521 80,771,521 93,182,579 12,411,058

Federal Sources: bnpactAid 800,000 800,000 1,299,626 499,626 745,553 745,553 1,159,099 413,546 Medicaid Reimbursement 103,157 103,157 241,572 138,415 96,536 96,536 190,188 93,652 Education Jobs Fund 7,231 7,231 7,231 2,808,890 87,997 2,896,887 2,896,887

Total Fedeml Services 903J57 7,231 910,388 1548,429 638,041 3,650,979 87,997 3,738,976 4,246,174 507,198

Total Revenues 96,201,208 7,231 96,208,439 107,061,711 10,853,272 96,997,783 87,997 97,085,780 110,429,068 13,343,288 EXHIBITC-l (Page 2 of 13) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORlGINAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL FINAL TO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL Expenditures: Current Expense: Instruction ~ Regular Programs: Salaries of Teachers: PreschoollKindergarten 1,564,202 (33,766) 1,530,436 1,517,208 13,228 1,526,259 (19,642) 1,506,617 1,498,435 8,182 Grades 1 ~ 5 9,922,013 (701,439) 9,220,574 9,203,556 17,018 9,749,081 (66,321) 9,682,760 9,670,586 12,174 Grades 6 - 8 5,418,142 113,534 5,531,676 5,500,020 31,656 4,899,285 402,311 5,301,596 5,293,592 8,004 Grades 9 - 12 6,294,409 (33,615) 6,260,794 6,234,106 26,688 7,034,496 (633,403) 6,401,093 6,401,091 2 Regular Programs - Home Instruction: Salaries of Teachers 200,000 (25,000) 175,000 174,181 819 200,000 42,276 242,276 242,276 Other Purchased Services 12,750 12,750 6,274 6,476 12,750 (2,498) 10,252 9,138 1,114 General Supplies 12,750 (12,750) u, Regular Programs - Undistributed Instruction: .j:o Other Salaries for Instruction 698,351 (20,228) 678,123 667,702 10,421 719,087 (21,168) 697,919 690,151 7,768 Purchased Professionali Educational Services 112,446 15,790 128,236 117,178 11,058 121,896 (38,313) 83,583 77,038 6,545 Purchased Technical Services 247,783 5,583 253,366 253,366 270,900 (26,000) 244,900 244,512 388 Other Purchased Services 110,606 9,710 120,316 68,184 52,132 104,860 (31,972) 72,888 56,524 16,364 General Supplies 946,517 16,258 962,775 836,703 126,072 1,222,964 (166,768) 1,056,196 974,454 81,742 Textbooks 257,009 (80,275) 176,734 152,942 23,792 268,209 12,026 280,235 272,725 ,(,510 Other Objects 81,318 3,975 85,293 70,831 14,462 86,548 (4,464) 82,084 75,338 6,746

Total Regular Programs - Instruction 25,865,546 (729,473) 25,136,073 24,802,251 333,822 26,216,335 (553,936) 25,662,399 25,505,860 156,539

Cognitive - Mild: Salaries of Teachers 95,619 (22,935) 72,684 72,008 676 85,304 (1,871) 83,433 81,607 1,826 Other Salaries for Instruction 55,119 (8,490) 46,629 46,156 473 50,844 3,084 53,928 47,061 6,867 Oilier Purchased Services 1,200 1,200 140 1,060 1,250 1,250 495 755 General Supplies 7,490 (1,000) 6,490 4,516 1,974 7,490 7,490 5,077 2,413 Textbooks 1,500 1,500 1,500 1,500 1,500 1,500 Other Objects 750 750 750 750 750 750

Total Cognitive - Mild 161,678 (32,425) 129,253 122,820 6,433 147,138 1,213 148,351 134,240 14,111

Learning and/or Language Disabilities: Salaries of Teachers 443,803 28,896 472,699 470,059 2,640 509,273 (77,522) 431,751 422,192 9,559 Other Salaries for Instruction 249,273 (43,627) 205,646 203,036 2,610 167,481 78,009 245,490 244,172 1,318 EXHIBIT C-l (Page 3 of 13) PEMBERTON TOWNSHIP BOARD OF EDUCA nON GENERAL FUND BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL Learning andlor Language Disabilities (continued): Purchased ProfessionaV Educational Services 1,096 1,096 1,096 1,000 1,000 1,000 Other Purchased Services 3,700 (675) 3,025 420 2,605 11,700 (10,560) 1,140 440 700 General Supplies 25,150 (3,650) 21,500 17,147 4,353 26,900 7,090 33,990 29,816 4,174 Textbooks 8,000 500 8,500 2,311 6,189 7,000 7,000 7,000 Other Objects I,4QL ___1,40_0__ 1,40L __ 1,400 ___ _1,400 510 890

Total Leal11ing and/or Language Disabilities 732,422 (18,556) 713,866 692,973 20,893 724,754 (2,983) 721,771 697,130 24,641

Behavioral Disabilities: Salaries of Teachers 83,902 2,540 86,442 86,102 340 84,396 (314) 84,082 82,784 1,298 Other Salaries for Instruction 45,716 (20,218) 25,498 25,138 360 43,118 2,058 45,176 44,614 562 V> V. Other Purchased Services 1,600 1,600 1,600 1,250 1,250 179 1,071 General Supplies 500 1,000 1,500 922 578 500 600 1,100 1,072 28 Textbooks 4,000 4,000 1,122 2,878 4,000 4,000 1,553 2,447 Other Objects 500 500 500 500 500 500

Total Behavioral Disabilities 136,218 (16,678) 119,540 113,284 6,256,_U3,764 __ 2,341_ 136,lDL 13Q,202 5,906

Multiple Disabilities: Salaries of Teachers 775,147 (9,325) 765,822 762,414 3,408 601,420 155,504 756,924 751,584 5,340 Other Salaries for Instruction 550,740 7,049 557,789 550,092 7,697 498,807 44,744 543,551 530,806 12,745 Purchased Professional! Educational Services 1,500 1,500 1,500 1,500 1,500 1,500 Other Purchased Services 10,000 503 10,503 4,373 6,130 7,870 (5,865) 2,005 385 1,620 General Supplies 45,925 (826) 45,099 30,913 14,186 37,595 4,732 42,327 35,462 6,865 Textbooks 5,450 (5,150) 300 300 9,150 (3,500) 5,650 4,352 1,298 Other Objects 2,100,2,100 400 1,700 2,100 2,100 400 1,700

Total Multiple Disabilities 1,390,862 (7,749) 1,383,113 1,348192 34,921 1158,442 195,615 1,354,057 1,322,989 31,068

Resource Room: Salaries of Teachers 5,677,175 (103,948) 5,573,227 5,558,152 15,075 5,785,611 (140,731) 5,644,880 5,633,563 11,317 Other Salaries for Instruction 949,366 (105,496) 843,870 839,731 4,139 942,028 (17,014) 925,014 896,368 28,646 Other Purchased Services 17,500 (13,605) 3,895 480 3,415 18,000 (14,832) 3,168 2,300 868 General Supplies 61,050 (3,033) 58,017 32,649 25,368 49,100 (3,916) 45,184 28,445 16,739 Textbooks 23,500 (7,500) 16,000 2,969 13,031 22,500 (5,000) 17,500 2,024 15,476 Other Objects 1,000 1,000 l,.Q(JIL" ,__ 1,000 1,000 1,000 EXHillITC-l (page 4 ofl3) PEMBERTON TOWNSIllP BOARD OF EDUCATION GENERAL FUND BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSITIVEI ruNE 30, 2013 (NEGATIVE) ruNE 30, 2012 (NEGATIVE) ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total Resource Room 6,729,591 (233,582) 6,496,009 6,433,981 62,028 6,818,239 (181,493) 6,636,746 6,562,700 74,046

Preschool Disabilities - Full Time: Salaries of Teachers 176,135 70,042 246,177 240,495 5,682 157,645 22,172 179,817 158,645 21,172 Other Salaries for Instruction Il2,031 Il3,325 225,356 222,217 3,139 106,254 61,182 167,436 136,257 31,179 Other Purchased Services 2,800 2,800 2,800 2,300 2,300 2,300 General Supplies 6,600 3,400 10,000 2,881 7,Il9 6,600 (5,178) 1,422 1,421 I Other Objects 2,500 2,500 2,500 2,500 . 2,500 2,500

Total Preschool Handicapped - Full Time 300,066 186,767 486,833 465,593 21,240 275,299 353,475 296,323 57,152 u. .. -.lM7L 0-, Total Special Education 9,450,837 (122,223) 9,328,614 9,176,843 151,771 9,257,636 92,872 9,350,508 9,143,584 206,924

Basic SkillslRemedial: Salaries of Teachers 905,980 8,170 914,150 914,147 3 924,177 (45,238) 878,939 876,206 2,733 Other Salaries for Instruction 152,188 822 153,010 149,077 3,933 142,504 3,816 146,320 143,296 3,024 Other Purchased Services 650 (550) 100 100 675 675 675 General Supplies 1,300 1,300 1,240 60 1,300 (629) 671 670

Total Basic SkillslRemedial 1,060,118 8,442 1,068,560 1,064,464 4,096 1,068,656 (42,051) 1,026,605 1,020,1 72 6,433

Bilingual Education: Salaries of Teachers 231,271 5,527 236,798 232,806 3,992 231,770 4,770 236,540 229,625 6,915 Other Salaries for Instruction 4,377 (4,377) Other Purchased Services 257 257 257 257 257 257

General Supplies 1,933 1,933 405 1,528 1,933 ------1,933 777 1,156

Total Bilingual Education 233,461 5,527 238,988 233,211 5,777 238,337 ----393 238,730 230,402 8,328

Vocational Programs - Local Instruction: Other Purchased Services 4,000 4,000 1,922 2,078 4,000 4,000 1,427 2,573 General Supplies 4,371 4,371 1,510 2,861 4,371 4,371 2,265 2,106

Total Vocational Programs-Local Instruction 8,371 8,371 3,432_ 4,939 8,371 8,371 3,692 4,679 EXHIBIT C-1 (Page 4 of 13) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total Resource Room 6,729,591 (233,582) 6,496,009 6,433,981 62,028 6,818,239 (181,493) 6,636,746 6,562,700 74,046

Preschool Disabilities - Full Time: Salaries ofTeachcrs 176,135 70,042 246,177 240,495 5,682 157,645 22,172 179,817 158,645 21,172 Other Salaries for Instruction 112,031 113,325 225,356 222,217 3,139 106,254 61,182 167,436 136,257 31,179 Other Purchased Services 2,800 2,800 2,800 2,300 2,300 2,300 General Supplies 6,600 3,400 10,000 2,881 7,119 6,600 (5,178) 1,422 1,421 1 Other Objects 2,500 2,500 . 2,500 2,500 2,500 2,500 v, Total Preschool Handicapped - Full Time __300,066 _186,767 486,833 465,593 21,240 275,299 78,176 353,475 296,323 57,152 ---J Total Special Education 9,450,837 (122,223) 9,328,614 9,176,843 151,771 9,257,636 92,872 9,350,508 9,143,584 206,924

Basic SkillslRemedial: Salaries of Teachers 905,980 8,170 914,150 914,147 3 924,177 (45,238) 878,939 876,206 2,733 Other Salaries for Instruction 152,188 822 153,010 149,077 3,933 142,504 3,816 146,320 143,296 3,024 Other Purchased Services 650 (550) 100 100 675 675 675 General Supplies 1,300 1,300 1,240 60 1,300 (629) 671 670 1

Total Basic Skills/Remedial 1,060,118 8,442 1,068,560 1,064,464 4,096 1,068,656 (42,051) 1,026,605 1,020,172 6,433

Bilingual Education: Salaries of Teachers 231,271 5,527 236,798 232,806 3,992 231,770 4,770 236,540 229,625 6,915 Other Salaries for Instruction 4,377 (4,377) Other Purchased Services 257 257 257 257 257 257 General Supplies 1,933 1,933 405 1,528 1,933 1,933 777 1,156

Total Bilingual Education 233,461 5,527 238,988 233,211 5,777 238,337 393 238,730 230,402 8,328

Vocational Programs - Local Instruction: Other Purchased Services 4,000 4,000 1,922 2,078 4,000 4,000 1,427 2,573 General Supplies 4,371 4,371 1,510 2,861 4,371 4,371 2,265 2,106

Total Vocational Programs-Local Instruction 8,371 8,371 3,432 4,939 8,371 8,371 3,692 4,679 EXHIBIT C-I (page 5 of 13) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORlGINAL BUDGET FINAL FINAL TO OIUGINAL BUDGET FINAL FINAL TO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL School Sponsored Cocurricular Activities: Salaries 348,075 (5,109) 342,966 287,442 55,524 357,035 (10,056) 346,979 280,731 66,248 Purchased Services 55,000 (41,116) 13,884 13,733 151 56,000 (51,075) 4,925 4,125 800

Supplies and Materials 5,850 5,850 1,262 3,888 2,150 2,150 ------2,150

Total School Sponsored Cocunicular Activities 408,925 (46,225) 362,700 303,137 59,563 415,185 (61,131) 354,054 284,856 69,198

School Sponsored Athletics - Instruction: Salaries 282,697 282,697 268,760 13,937 282,697 282,697 275,988 6,709 Purchased Services 77,969 2,000 79,969 68,004 11,965 77,969 (3,016) 74,953 74,952 1 u, Supplies and Materials 91,691 59,643 151,334 129,249 22,085 91,691 39,41L, 131,178 62,754 68,424 00 Total School Sponsored Athletics - Instruction 452,357 61,643 514,000 466,013 47,987 452,357 36,471 488,828 413,694 75,134

Before/After School Programs: Salaries 198,339 6,688 205,027 111,812 93,215 192,610 36,016 228,626 157,079 71,547 Other Salaries for Instruction 2,152 2,152 2,152 3,152 3,152 323 2,829

Total Before/After School Programs 200,491 6,688 207,179 111,812 95,367 195,762 36,016 231,778 157,402 74,376

Summer School- Instruction: Salaries 50,240 244 50,484 42,168 8,316 50,240 50,240 41,919 8,321

Total Summer School- Instruction 50,240 244 50,484 42,168 8,316 50,240 50,240 41,919 8,321

Alternative Education Program ~ Instruction: Salaries 565,779 (26,395) 539,384 418,121 121,263 548,360 (45,498) 502,862 499,345 3,517 Other Salaries for Instruction 9,191 1 9,192 9,191 1 8,693 409 9,102 9,101 1 General Supplies 295 5,500 5,795 5,795 295 295 295

Total Alternative Education Program - Instruction 575,265 (20,894) 554,371 427,312 127,059 557,348 (45,089) 512,259 508,446 3,813

Alternative Education Program - Support Services: Salaries 58,842 15,714 74,556 56,598 17,958 140,946 (73,183) 67,763 56,195 11,568 EXHIBIT C-l (Page 6 of 13) PEMBERTON TOWNSHIP BOARD OF EDUCAnON GENERAL FUND BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total Altemative Education Program ~ Support Ser' 58.842 15,714 74,556 56,598 17,958 1407946 (731183) 67,763 56,195 11,568

Total ~ Instruction 38.364,453 ~~_ (820,557L 37,543,89i 36,687,241 _856,655 3MOI,173 (609,638) 37,991,535 37.366,222 625,313

Undistributed Expenditures: Instruction: Tuition to Other LEA's - State Regular 128,400 89,913 218,313 217,913 400 108,500 109,685 218,185 217,339 846 Tuition to Other LEA's - State Special 18,622 18,622 18,621 1 24,500 28,127 52,627 51,222 1,405 Tuition to County Vocational School District - Regular 603,000 87,000 690,000 690,000 582,000 22,726 604,726 604,726 Tuition to County Vocational School District - Special 159,060 (84,060) 75,000 75,000 144,600 (29,776) 114,824 114,640 184 Tuition to CSSD & Re,gional Day School 2,170,554 (505,526) 1,665,028 1,664,302 726 2,059,922 (384,073) 1,675,849 1,675,849 Tuition to Private Schools [or U, 'D the Handicapped - State 834,242 (64,207) 770,035 769,354 681 730,946 (115,867) 615,079 614,584 495 Tuition to Private Schools for the Handicapped - Out of State 65,848 65,848 65,556 292 Tuition - State Facilities 111,794 I I 1,794 111,794 160,000 (55,000) 105,000 105,000 Tuition - Other 167,600 (42,000) 125,600 125,366 234 175,756 (12,844) 162,912 162~912

Total Undistributed Expenditures - Instruction 4~174,650__ (500,258) 3,674,}92 3,672,350 ___2,042 3,986,224 __ (371,174) 3,615,050 3,611,828 3,222

Attendance & Social Work Services: Salaries 198,423 49,072 247,495 237,278 10,217 195,012 50,685 245,697 245,694 3 Supplies and Materials 5,500 (5,500) 5,500 (5,500)

Total Attendance & Social Work Services 203,923 43,572 247,495 237.278 10,217 200,512 45,185 245,697 245,694 3

Health Services: Salaries 920,744 (55,947) 864,797 849,006 15,791 951,599 (50,639) 900,960 884,368 16,592 Purchased Professional&Technical Services 10,260 21,854 32,114 28,658 3,456 7,610 18,801 26,411 24,210 2,201 Other Purchased Services 291,425 4,008 295,433 293,064 2,369 374,750 (104,391) 270,359 269,357 1,002 Supplies and Materials 41,921 (2,165) 39,756 33,102 6,654 41,171 849 42,020 34,682 7,338

Total Health Services 1,264,350 (32,250) 1,232,100 1,203,1Q0 ~ ,lIS,270 U75,130 __ (l35,3gQL, 1,239,7~~ 1,212~617 ,l'7,133

Other Support Services M Students M Related Services: Salaries 899,615 1,370 900,985 896,377 4,608 905,586 (16,665) 888,921 887,522 1,399 Purchased Technical Services 14,000 4,300 18,300 18,300 14,000 13,773 27,773 27,773 Supplies and Materials 11,000 1 LOOO 8,669 2,331 11,000 (7,600) 3,400 3,399 EXHIBIT C-1 {Page 7 of 13) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSITIVEI JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORIGlNAL BUDGET FlNAL FINAL TO ORIGlNAL BUDGET FlNAL FlNALTO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL Total Othcr Support Services - Students - Related - Serviccs 924,615 5,670 930,285 923,346 ~ ___ ',,239 930,586 (10~492) 920,094 918,694 1,400

Other Support Services - Students - Extra Services: Purchased ProfessionallEducational Services 1,070,141 lQ(j,254 1,170,395 Ll65.172 _~~23 1,024,000 lZJlL 1,041,113 1,040,300 813

Total Other Support Services - Students - Extra Services 1,070,141 100,254 1,170,395 1,165,172 5,223 1,024,000 17,113 1,041,113 1,040,300 813

Other Support Services - Students - Regular: Salaries of Other Professional Staff 1,654,079 (32,395) 1,621,684 1,612,501 9,183 1,792,006 (97,157) 1,694,849 1,690,442 4,407 Salaries of Secretarial & Clerical Assistants 56,076 2,157 58,233 58,233 55,679 172 55,851 55,851 Purchased ProfessionallEducational Services 2,950 (2,052) 898 898 2,450 (1,900) 550 550 0\ o Purchased Technical Services 3,500 3,500 3,500 3,500 3,500 3,500 Other Purchased Services 48,475 {42,350) 6,125 1,714 4,411 51,800 (48,092) 3,708 1,682 2,026 Supplies and Materials 32,561 (7,633) 24,928 16,888 8,040 32,455 (4,968) 27,487 17,105 10,382

Total Other Support Services - Students - Regular 1,797,641 (82,273) L7J5,368 1,689,336 26,032 1,937,890 (151,945) 1,785,945 1,765,080 20,865

Other Support Services - Students - Special Services: Salaries of Other Professional Staff 2,377,869 (143,285) 2,234,584 2,219,241 15,343 2,132,843 133,883 2,266,726 2,264,660 2,066 Salaries of Secretarial & Clerical Assistants 308,281 30,320 338,601 334,385 4,216 359,636 (45,625) 314,011 313,247 764 Purchased Professional! Educational Services 80,000 (6,400) 73,600 73,413 187 105,000 (39,132) 65,868 64,251 1,617 Miscellaneous Purchased Services 65,000 65,000 35,427 29,573 60,000 10,284 70,284 66,447 3,837 Supplies and Materials 60,000 (2,909) 57,091 54,040 3,051 65,000 61,709 126,709 125,695 1,014 Other Objects 2,000 2,000 2,000 2,000 (1,550) 450 138 312

Total Other Support Services - Students - Special- Services 2,893,150 ~ __(122,274) 2,770,876 2,716,506 54,370 2,724,479 119,569_ 2,844,048 2,834,438 9,610

Improvement of Instruction Services!Other Support Services - Instruction Staff: Salaries of Supervisors of Instruction 770,533 (1,494) 769,039 756,396 12,643 797,747 (130,517) 667,230 666,230 1,000 Salaries of Other Professional Staff 185,503 (35,170) 150,333 119,882 30,451 122,686 (9,997) 112,689 63,088 49,601 EXHIBIT C-1 (Page 8 of 13) PEMBERTON TOWNSHIP BOARD OF EDUCAnON GENERAL FUND BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSITIVEI JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORlGINAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL FINAL TO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL Improvement oflnstlUction Services/Other Support Services - Instruction Staff (continued): Salaries of Secretarial & Clerical Assistants 110,962 (8,618) 102,344 81,936 20,408 76,478 76,478 76,159 319 Salaries of Facilitators, Math & Literacy 208,210 24,117 232,327 232,327 320,090 (88,241) 231,849 231,847 2 Purchased Professional/Educational Services 264,800 (84,876) 179,924 178,700 1,224 248,000 (56,015) 191,985 190,735 1,250 Other Purchased Services 25,930 1,230 27,160 5,950 21,210 25,930 (17,822) 8,108 3,733 4,375 Supplies and Materials 18,590 795 19,385 4,151 15,234 41,890 (31,647) 10,243 9,747 496

Total Improvement ofInstruction Services/Other Support Services Instructional Staff 1,584,528 (104,016) 1,480,512 1,379,342 101,170 1,632,821 (334,239) 1,298,582 1,241,539 57,043 0'> ~ Educational Media Services/School Library: Salaries 1,408,654 (37,758) 1,370,896 1,352,262 18,634 1,434,704 (111,067) 1,323,637 1,313,546 10,091 Purchased Professional&Technical Services 236,617 18,590 255,207 234,267 20,940 424,191 (87,628) 336,563 330,322 6,241 Other Purchased Services 21,352 (1,137) 20,215 8,339 11,876 18,427 (3,155) 15,272 11,795 3,477 Supplies and Materials 659,313 (83,159) 576,154 300,271 275.883 622,004 64,534 686,538 664,518 22,020

Total Educational Media Services! School Library 2,325,936 (103,464) 2,222,472 1,895,139 327,333 2,499,326 (137,316) 2,362,010 2,320,181 41,829

Instructional Staff Training Services: Salaries or Other Professional Staff 7,000 7,000 7,000 Purchased ProfessionallEducational Services 22,500 22,500 22,500 22,500 (22,500)

Total Instructional Staff Training Services 29,500 29,500 29,500 22,500 (22,500)

Support Services General Administration: Salaries 244,517 244,517 241,684 2,833 241,590 1,023 242,613 242,613 Legal Services 86,000 13,123 99,123 99,122 1 96,000 5,097 101,097 101,097 Audit Fees 37,000 1,400 38,400 37,900 500 37,000 (2,600) 34,400 34,400 ArchitecturallEngineering Fees 26,000 4,795 30,795 27,499 3,296 30,000 3,931 33,931 33,930 Other Purchased Professional Services 52,700 11,835 64,535 59,431 5,104 52,700 735 53,435 46,243 7,192 Telephone!Communications 481,385 (150,525) 330,860 267,036 63,824 315,000 (125,574) 189,426 188,701 725 BOB Other Purchased Services 4,000 4,000 2,604 1,396 6,000 (2,426) 3,574 1,982 1,592 EXI-llBIT C-1 (Page 9 of 13) PEMBERTON TOWNSHIP BOARD OF EDUCAnON GENERAL FUND BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEARS ENDED JUi'<"E 30, 2013 AND 2012

POSITIVE! POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORlGINAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL FINAL TO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL Support Services General Administration (continued): Other Purchased Services 106,008 (1,859) 104,149 64,645 39,504 98,697 (19,937) 78,760 75,766 2,994 General Supplies 11,850 3,500 15,350 10,232 5,118 15,800 (7,960) 7,840 3,596 4,244 Judgments Against School District 5,000 20,372 25,372 25,372 5,000 (4,750) 250 250 BOE Membership Dues & Fees 27,000 27,000 25,330 1,670 27,000 27,000 26,663 337

Total Support Services General Administration 1,081,460 (97,359) 984,101 860,855 123,246 924,787 (152,461) 772,326 755,241 17,085

Support Services School Administration: Salaries ofPrincipals&Assistant Principals 1,886,832 5,495 1,892,327 1,877,985 14,342 1,971,325 (115,772) 1,855,553 1,849,161 6,392 ~ tv Salaries of Secretarial & Clerical Assistants 1,191,069 (125,299) 1,065,770 1,038,615 27,155 1,159,108 (30,630) 1,128,478 1,123,100 5,378 Other Salaries 112,125 (953) 111,172 111,172 148,364 (42,877) 105,487 105,487 Other Purchased Services 11,060 2,464 13,524 5,512 8,012 11,210 (853) 10,357 1,191 9,166 Supplies and Materials 20,089 (8,332) 11,757 7,039 4,718 18,600 (4,602) 13,998 9,325 4,673 Other Objects 6,800 (6,800) 10,250 (10,250)

Total Support Services School Administration 3,227,975 (133,425) 3,094,550 3,040,323 54,227 3,318,857 (204,984) 3,113,873 3,088,264 25,609

Central Services: Salaries 990,968 2,354 993,322 989,347 3,975 917,256 28,918 946,174 946,172 2 Purchased Professional Services 157,000 182,560 339,560 79,509 260,051 97,000 18,918 115,918 107,805 8,113 Purchased Technical Services 27,531 27,531 27,531 30,100 (3,558) 26,542 26,541 1 Other Purchased Services 32,050 32,050 10,822 21,228 34,100 (15,421) 18,679 14,503 4,176 Supplies and Materials 108,750 13,905 122,655 109,250 13,405 174,750 (36,054) 138,696 131,740 6,956 Expenditures 62,300 62,300 56,748 5,552 60500 60,500 56,028 4,472

Total Central Services 1,378,599 198,819 1,577,418 1,273,207 304,211 1,313,706 (7,197) 1,306,509 1,282,789 23,720

Administrative Infonnation Teclmology: Salaries 524,203 106 524,309 524,309 529,204 (38,004) 491,200 490,752 448 Purchased Technical Services 86,949 (3,985) 82,964 72,484 10,480 79,610 (14,000) 65,610 64,735 875 EXHIBIT C-I (Page 10 of 13) PEMBERTON TOWNSIDP BOARD OF EDUCAnON GENERAL FUND BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total Administrative Infonnation Technology 6ll,!52 (3,879) 607,273 596,793 10,480 608,814 (52,004)_ 556,810_ 555,48]' 1,323

Allowable Maintenance for School Facilities: Salaries 249,455 249,455 249,455 243,150 243,150 243,150 Cleaning, Repair & Maintenance Services 50,000 50,000 5,290 44,710 50,000 (49,000) 1,000 780 220

Total Allowable Maintenance for School Facilities 50,000 249.455 299,455 254,745 44,710 50,000 194,150 244,150 243,930 220

Custodial Services: Salaries 3,356,721 (114,697) 3,242,024 2,866,595 375,429 3,253,614 579,253 3,832,867 3,775,198 57,669 Purchased Professional&Technical Services 122,200 122,200 77,180 45,020 122,200 (25,702) 96,498 86,283 10,215 Cleaning, Repair & Maintenance Services 786,485 (23,220) 763,265 551,645 2ll,620 716,505 268,003 984,508 920,274 64,234 0\ 97,798 w Other Purchased Property Services 95,000 3,335 98,335 97,282 1,053 95,000 2,798 94,708 3,090 Insurance 392,005 43,443 435,448 435,448 359,105 14,233 373,338 372,838 500 Miscellaneous Purchased Services 36,400 (3,500) 32,900 29,549 3,351 35,900 35,900 29,360 6,540 General Supplies 725,870 30,588 756,458 700,861 55,597 833,300 (138,835) 694,465 662,969 31,496 Energy (Electricity) 1,600,000 (236,844) 1,363,156 953,893 409,263 1,933,315 (518,362) 1,414,953 1,4ll,760 3,193 Energy (Gas) 650,000 (218,644) 431,356 390,139 41,217 700,000 (336,251 ) 363,749 359,096 4,653 Other Objects 10,000 10,000 8,064 1,936 10,000 5,500 15,500 15,058 442

Total Custodial Services 7,774,681 (519,539) 7,255,142 6,1l0,656 1,144,486 8,058,939 (149.363) 7,909,576 7,727,544 182,032

Care & Upkeep of Grounds: Salaries 95,174 (510) 94,664 94,O}7 627--.33,140 4,011_ 97,2~ 95~712 1.499

Total Care and Upkeep of Grounds 95,174 (510) 94,664 94,037 627 93,140 4,071_ 97,211, 95,71~ 1,499

Security: Salaries 920,369 (33,298) 887,071 879,652 7,419 866,495 (6,467) 860,028 858,399 1,629 Purchased Professional&Technical Services 32,000 (3,731) 28,269 18,036 10,233 5,700 22,133 27,833 24,682 3,151 General Supplies 51,450 2,180 53,630 38,210 15,420 67,400 (36,361) 31,039 20,474 10,565

Total Security 1,003,819 (34,849) 968,970 935,898 33,072 939,595 (20,695) 918,900 903,555 1,5,345

Student Transportation Services: Salaries for Pupil Transportation (Between Home & School) - Regular 2,060,317 36,022 2,096,339 1,989,590 106,749 2,111,739 (205,690) 1,906,049 1,900,238 5,811 Salaries for Pupil Transportation (Between Home & School) - Special Education 631,093 87,855 718,948 688,322 30,626 663,412 96,465 759,877 758,177 1,700 EXHIBIT C-l (page 11 of 13) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND BUDGETARY COMPARISON SCHEDULE ~-OR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSITIVEI JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL Student Transportation Services (continued): Cleaning, Repair & Maintenance Services 80,000 3,000 83,000 77,497 5,503 65,000 1,692 66,692 66,473 219 Contracted Services (Between Home & School) Vendors 1,000,000 29,336 1,029,336 1,029,336 785,000 170,917 955,917 948,284 7,633 Contracted Services (Aid in Lieu of Payments) - Nonpublic Schools 75,400 (13,000) 62,400 62,322 78 75,400 (14,679) 60,721 60,721 Miscellaneous Purchased Services - Transportation 77,394 9,072 86,466 82,884 3,582 57,775 18,165 75,940 74,116 1,824 Supplies and Materials 782,000 11 1,907 893,907 857,483 36,424 737,000 114,038 851,038 841,041 9,997 Miscellaneous Expenditures 2,700 2,700 864 1,836 2,500 2,500 1,628 872 ...0-, Total Student Transportation Services 4,708,904 264,192 4,973,096 4,788,298 184,798 4,497,826 1S0,908 4,678,734 4,650,678 28,056

Unallocated Benefits Employee Benefits: Social Security 1,430,000 17,500 1,447,500 1,447,499 1,605,000 (232,782) 1,372,218 1,371,161 1,057 PERS Contributions 1,706,849 (62,408) 1,644,441 1,644,440 1,897,337 (189,340) 1,707,997 1,707,997 Worlanen's Compensation 730,577 (15,678) 714,899 714,898 702,022 (6,234) 695,788 695,788 Health Benefits 17,933,698 1,764,212 19,697,910 19,697,909 1 16,827,515 885,923 17,713,438 17,669,346 44,092 Tuition Reimbursements 125,000 125,000 105,618 19,382 120,000 (16,201) 103,799 102,969 830

Total Unallocated Benefits - Employee Benefits 21,926,124 1,703,626 23,629,750 23,610,364 19,386 21,151,874 441,366 21,593,240 21,547,261 45,979

Nonbudgeted: OnwBehalfTPAF Pension Contributions 2,872,760 (2,872,760) 1,466,087 (1,466,087) OnwBehalfTP AF Medical Contributions 3,248,365 (3,248,365) 2,947,217 (2,947,217) Reimbursed TPAF Social Security Contributions 3,350,437 (3,350,437) 3,495,590 (3,495,590)

Total Undistributed Expenditures 58,126,322 831,492 58,957,814 65,919,037 (6,961,223) 57,291,006 (747,388) 56,543,618 63,949,726 (7,406,108)

Total Expenditures - Current Expense 96,490,775 10,935 96,501,710 102,606,278 (6,104,568) 95,892,179 (1,357,026) 94,535,153 101,315,948 (6,780,795) EXHIBIT C-I (Page 12 of 13) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL Capital Outlay: Interest Deposit on Maintenance Reserve 1,500 1,500 1,500 3,000 3,000 3,000 Interest Deposit on Capital Reserve 5,000 5,000 5,000 10,000 10,000 10,000 Equipment: Regular Programs - Instruction: Grades 1 - 5 3,390 3,390 3,390 Grades 6 - 8 4,902 4,902 4,902 2,470 2,470 2,470 Grades 9 - 12 11,200 II,200 10,021 1,179 5,200 30,122 35,322 35,302 20 Multiple Disabilities 2,000 2,000 2,000 2,000 (2,000) Resource Room 2,000 2,000 2,000 2,000 (2,000) Undistributed Expenditures: Improvement of Instruction Services! Other Support Services-Instruction Staff 12,000 50,906 62,906 61,300 1,606 124,580 82,932 207,512 197,890 9,622 0\ Central Services 2,000 (2,000) v, Administrative Information Teclmology 16,049 16,049 16,049 17,177 (17,000) 177 177 Custodial Services 64,800 8,058 72,858 52,681 20,177 Care and Upkeep of Grounds 5,800 (5,800) Security 7,000 (2,600) 4,400 4,400 Operation & Maintenance of Plant Services 59,000 21,050 80,050 50,254 29,796 Student Transp0l1ation - Noninstructional Equipment 560,000 576,450 1,136,450 597,179 539,271 240,000 1,035,9II 1,275,9II 678,730 597,181

Total Equipment 689,349 629,916 1,319,265 742,132 577,133 _462,957 1,154,875 1,617,832 968,036 649,796

Facilities Acquisition & Construction Services: Other Purchased Professionalffechnical Service~ 956,091 (242,258) 713,833 200,629 513,204 700,000 51,563 751,563 297,406 454,157 Construction Services 3,824,369 690,532 4,514,901 1,682,034 2,832,867 2,800,000 3,349,704 6,149,704 3,017,823 3, ~11,881

Total Facilities Acquisition & Construction Services 4,780,460 448,274 5,228,734 1,882,663 3,346,071 3,500,000 3,401,267 6,901,267 3,315,229 3,586,038

Total Capital Outlay 5,469,809 1,078,190 6,547,999 2,624,795 3,923,204 3,962,957 4,556,142 8,519,099 4,283,~95 4,235,834

Adult Education - Local - Instruction: Salaries of Teachers 16,000 16,000 14,350 1,650 16,000 16,000 13,904 2,096 Personal Services - Employee Benefits 1,600 1,600 1,321 279 1,600 1,600 I, III 489

Total Adult Educatioll - Local Instruction 17,600 17,600 15,671 1,929 _,_17,600 17,600 15,015 2,585 EXHIBIT C-1 (Page 13 of 13) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012 POSITNEI POSITNEI JUNE 30, 2013 (NEGATNE) JUNE 30_ 2012 (NEGATNE) ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total Special Schools 17600 17,600 15,671 1,929 17,600 17600 15015 2585

Total Expenditures 101 978 184 1 089 125 103067309 105246744 (2 179435) 99872 736 3 199 116 103_071 852 105_614,228 (2,542,376)

Excess/(Deficiency) of Revenues Over/(Under) Expenditures Before Other Financing Sources(Uses) (5776976) (1 081 894) (6858 870) 1 814967 8673 837 (2874953) (3 111 119) (5 986,072) 4 814,840 10800912

Other Financing Sources/fUses): Transfer to Capital Projects (U82,529) (1,182,529) (1,182,529) Operating Transfer Out - Charter Schools (1,174,125) (137_649) (1_311_774) (U11_774) (1,131,026) 10,728 (1,120,298) 0,120_298) Operating Transfer Out- Special Revenue (576_044) (576_044) 576_044 Operating Transfer ill-Contribution to Whole School Refonn 56,140_386 56,140,386 55_372_063 (768_323) 56,43o_909 502_630 56_933,539 56_298,178 (635_361) Operating Transfer Out - Contribution to Whole School Reform (56,140,386) (56,140386) (55372_063) 768323 (56_430,909) (502_630) (56,933,539) (56_298,178) _ 635,361

~Total Other Financing Sources/(Uses) (1,150,169) (1,320,178) (3_070,347) (2,494,303) 576_044 (1_131_026) _ 10_728 (l,12Q,291lL (1,120_2-'1lil

Excess/(Deficiency) of Revenues Over/(Under) ExPenditures (7_527,145) (2,402_072) (9,929_217) (679_336) 9_249_881 (4_005_979) (3_100,391) (7_106,370) 3_694_542 10_80o_912 Fund Balances, July 1 19909,103 19,909,103 19909,103 16214,561 16214561 16214561

Fund Balances. June 30 $ 12381958 $ (2402072) $ 9979886 $ 19229767 $ 9249881 $ 12208582 $ (3100391) $ 9108191 $ 12909103 $ 10800912

RECAPITULATION OF BUDGET TRANSFERS: Prior Year Encumbrances $ 2402,072

Total $ 2402 Q72

RECAPITULATION OF FUND BALANCE: Restricted Fund Balance: Tuition Reserve $ 247,736 Tuition Reserve ~ Designated for Subsequent Year's Expenditures 152,264 Emergency Reserve 1_o00_000 Maintenance Reserve 2,450_000 Capital Reserve 2_615,806 Capital Reserve ~ Designated for Subsequent Year's Expenditures 2,000,000 Excess Surplus 2_780,329 Assigned Fund Balance: Designated for Subsequent Year's Expenditures 2,318_880 Year~End Encumbrances 2,027,445 Unassigned Fund Balance 3_637307

Subtotal 19_229,767 Reconciliation to Governmental Funds Statements (GAAP): Last Two State Aid Payments Not Recognized on GAAP Basis (8,039_241 ) Fund Balance per Governmental Funds (GAAP) $ 11190526 EXHIBIT C-1a (Page I ofl2) PEMBERTON TOWNSHIP BOARD OF EDUCAnON GENERAL FUND COMBINING BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEAR ENDED JUNE 30, 2013

ORlGIJ\!AL BUDGET TRANSFERS FfNAL BUDGET ACTUAL Operating Blended Total Operating Blended Total Operating Blended Total Operating Blended Total Fund Resource General Fund Resource General Fund Resource General Fund Resource General Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Revenues: Local Sources: Local Tax Levy $ 12,196,428 $ $ 12,196,428 $ $ $ $ 12,196,428 $ $ 12,196,428 $ 12,196,428 $ $ 12,196,428 Tuition 300,000 300,000 300,000 300,000 351,241 351,241 Transportation 80,000 80,000 80,000 80,000 76,705 76,705 Interest Earned on Maintenance Reserve 1,500 1,500 1,500 1,500 Interest Earned on Capital Reserve 5,000 5,000 5,000 5,000 Miscellaneous 369,719 369,719 369,719 369,7L9 699,651 699,651

Tolal LocaLSources 12,952,647 12,952,647 \?,952,647 12,951,647 13,324,025 13,324,025

State Sources: Categorical Special Education Aid 2,564,743 2,564,743 2,564,743 2,564,743 2,564,743 2,564,743 Equalization Aid 43,074,494 43,074,494 43,074,494 43,074,494 43,074,494 43,074,494 Categodcal Security Aid 1,213,845 1,213,845 1,213,845 1,213,845 1,213,845 1,213,845 0- --l Adjustment Aid 32,859,724 32,859,724 32,859,724 32,859,724 32,859,724 32,859,724 Categorical Transportation Aid 2,413,166 2,413,166 2,413,166 2,413,166 2,413,166 2,413,\66 Extraordinary Aid 112,368 112,368 112,368 112,368 474,567 474,567 Nonpublic Transportation Aid 10,092 10,092 School Choice: Aid 107,064 107,064 107,064 107,064 107,064 107,064 Nonbudgeted: On-Behalf TPAF Pension Contributions 2,872,760 2,872,760 On-BehalfTPAF Medical Contributions 3,248,365 3,248,365 Reimburscd TPAF Social Security Contributions 3,350,437 3,350,437

Total State Sources 82,345,404 82,345,404 82,345,404 82,345,404 92,189,257 92,189,257

Federal Sources: PL 81-874 Impact Aid 800,000 800,000 800,000 800,000 1,299,626 J ,299,626 Medicaid Reimbursement 103,157 103,157 103,157 103,157 241,572 241,572 Education Jobs Fund 7,231 7,231 7,231 7,231 7,231 7,231

Total Federal Services 903,157 903,157 7,231 7,231 910,388 910,388 1,548,429 1,548,429

Total Revenues 96,201,208 96,201,208 7,231 7,231 96,208,439 96,208,439 107,061,711 107,061,711

Expenditures: Current Expense: Instruction - Regular Programs: Salaries of Teachers: Prcschoo lIKindergarten 46,218 1,517,984 1,564,202 31,032 (64,798) (33,766) 77,250 1,453,186 1,530,436 65,007 1,452,201 1,517,208 Grades 1 - 5 160,731 9,761,282 9,922,013 32,638 (734,077) (701,439) 193,369 9,027,205 9,220,574 178,221 9,025,335 9,203,556 Grades 6 - 8 143,635 5,274,507 5,418,142 104,872 8,662 113,534 248,507 5,283,169 5,531,676 241,284 5,258,736 5,500,020 Grades 9 - 12 165,543 6,128,866 6,294,409 (20,065) (13,550) (33,615) 145,478 6,115,316 6,260,794 137,670 6,096,436 6,234,106 EXHIBIT C-la (Page 2 of 12) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND COMBINING BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEAR ENDED JUNE 30, 2013

ORIGINAL BUDGET TRANSFERS FINAL BUDGET ACTUAL Operating Blended Total Operating Blended Total Operating Blended Total Operating Blended Total Fund Resource General Fund Resource General Fund Resource General Fund Resource General Fund 11-!3 Fund 15 Fund Fund 1I-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 1l-!3 Fund 15 Fund Expenditures (continued): Regular Programs - Home Instruction: Salaries ofTeaehers 200,000 200,000 (25,000) (25,000) 175,000 175,000 174,181 174,181 Other Purchased Services 12,750 12,750 12,750 12,750 6,274 6,274 General Supplies 12,750 12,750 (12,750) (12,750) Regttlar Programs - Undistributed Instruction: Other Salaries for Instruction 71,660 626,691 698,351 (22,458) 2,230 (20,228) 49,202 628,921 678,123 45,774 621,928 667,702 Purchased ProfessionaVEducational Services 58,000 54,446 112,446 12,850 2,940 15,790 70,850 57,386 128,236 70,843 46,335 117,178 Purchased Technical Services 247,783 247,783 5,583 5,583 253,366 253,366 253,366 253,366 Other Purchased Services 77,873 32,733 110,606 168 9,542 9,710 78,041 42,275 120,316 34,874 33,310 68,184 General Supplies 175,500 771,017 946,517 1,234 15,024 16,258 176,734 786,041 962,775 136,983 699,720 836,703 Textbooks 170,000 87,009 257,009 (76,300) (3,975) (80,275) 93,700 83,034 176,734 84,698 68,244 152,942 Other Obj ects 77,818 81,318 3,925 3,975 3,500 81,793 8?,293 3,500 67.331 70,831 0\ ___ ~!?9~ 00 Total Regular Programs -Instruction \,533,193 24,332,353 25,865,546 44,554 (774,027) (729,473) 1,577,747 23,558,326 25,136,073 1,43?,675 23.369,576 24,802,251

Cognitive - Mild: Salaries of Teachers 14,815 80,804 95,619 (1,280) (21,655) (22,935) 13,535 59,149 72,684 12,860 59,148 72,008 Other Salaries for Instruction 9,870 45,249 55,119 (9,397) 907 (8,490) 473 46,156 46,629 46,156 46,156 Other Purchased Services 1,200 1,200 1,200 1,200 140 140 General Supplies 7,490 7,490 (1,000) (1,000) 6,490 6,490 4,516 4,516 Textbooks 1,500 1,500 1,500 1,500 Other Objects 750 750 750 750

Total Cognitive - Mild 25,885 135,793 161,678 00,677) (21,748) (32,425) 15,208 114,045 [29,253 13,000 109,820 122,820

Leaming and/or Language Disabilities: Salaries of Teachers 43,868 399,935 443,803 789 28,107 28,896 44,657 428,042 472,699 42,566 427,493 470,059 Other Salaries for Instruction 108,855 140,418 249,273 (21,282) (22,345) (43,627) 87,573 118,073 205,646 87,123 115,913 203,036 Purchased ProfessionalfEducational Services 1,096 1,096 1,096 1,096 Other Purchased Services 3,000 700 3,700 (675) (675) 3,000 25 3,025 420 420 General Supplies 25,150 25,150 (3,650) (3,650) 21,500 21,500 17,147 17,147 Textbooks 8,000 8,000 500 500 8,500 8,500 2,311 2,311 Other Objects 1,400 1,400 1,400 1,400

Total Learning and/or Language Disabilities 155,723 576,699 732,422 (20,493) 1,937 (18,556) 135,230 578,636 713,866 130,109 562,864 692,973 EXInB!T C-Ia (Page 3 of 12) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND COMBINING BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEAR ENDED JUNE 30, 2013

ORIGINAL BUDGET TRANSFERS FINAL BUDGET ACTUAL Operating Blended Total Operating Blended Total Operating Blended Total Operating Blended Total Fund Resource General Fund Resource General Fund Resource General Fund Resource General Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Behavioral Disabilities: Salaries of Teachers 1,998 81,904 83,902 2,040 500 2,540 4,038 82,404 86,441 3,698 82,404 86,102 Other Salaries for Instruction 360 45,356 45,716 (20,218) (20,218) 360 25,138 25,498 25,138 25,138 Other Purchased Services 1,600 1,600 1,600 1,600 General Supplies 500 500 1,000 1,000 1,500 1,500 922 922 Textbooks 4,000 4,000 4,000 4,000 1,122 1,122 Other Objects 500 500 500 500

Total Behavioral Disabilities 3,958 132,260 136,218 2,040 (18,718) (16,678) 5,998 ll3,542 119,540 3,698 109,586 113,284

Multiple Disabilities: Salaries of Teachers 24,913 750,234 775,147 326 (9,651) (9,325) 25,239 740,583 765,822 22,343 740,071 762,414 Other Salaries for Instruction 13,980 536,760 550,740 (8,106) 15,155 7,049 5,874 551,915 557,789 4,197 545,895 550,092 Purchased Professional/Educational Services 1,500 1,500 1,500 1,500 0\ 'D Other Purchased Services 8,800 1,200 10,000 (3,822) 4,325 503 4,978 5,525 10,503 548 3,825 4,373 General Supplies 45,925 45,925 (826) (826) 45,099 45,099 30,913 30,913 Textbooks 5,450 5,450 (5,150) (5,150) 300 300 Other Objects 2,100 2,100 2,100 2,100 400 400

Total Multiple Disabilities 47,693 1,343,169 \,390,862 (11,602) 3,853 (7,749) 36,091 1,347,022 1,383,113 27,088 \,321,104 1,348,192

Resource Room: Salaries of Teachers 136,329 5,540,846 5,677,175 43,378 (147,326) (103,948) 179,707 5,393,520 5,573,227 179,706 5,378,446 5,558,152 Other Salaries [or Instruction 5,700 943,666 949,366 (105,496) (105,496) 5,700 838,170 843,870 3,454 836,277 839,731 Purchased Professional Services Purchased Technical Services Other Purchased Services 17,000 500 17,500 (l4,000) 395 (13,605) 3,000 895 3,895 480 480 General Supplies 6,000 55,050 61,050 (3,033) (3,033) 6,000 52,017 58,017 32,649 32,649 Textbooks 23,500 23,500 (7,500) (7,500) 16,000 16,000 2,969 2,969 Other Objects 1,000 1,000 1,000 1,000

Total Resource Room 165.029 6,564,562 6,729,591 29,378 (262,960) (233,582) 194,407 6,301,602 6,496,009 183,640 6,250,341 6,433,981

Preschool Disabilities - Full Time: Salaries of Teachers 25,680 150,455 176,135 1,743 68,299 70,042 27,423 218,754 246,177 21,741 218,754 240,495 Other Salaries for Instruction 17,699 94,332 112,031 (3,328) 116,653 113,325 14,371 210,985 225,356 13,471 208,746 222,217 Other Purchased Services 2,800 2,800 2,800 2,800 General Supplies 6,600 6,600 3,400 3,400 10,000 10,000 2,881 2,881 EXHIBITC-Ja (Page 4 of 12) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND COMBINING BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEAR ENDED JUNE 30, 2013

ORIGINAL BUDGET TRANSFERS FINAL BUDGET ACTUAL Operating Blended Total Operating Blended Total Operating Blended Total Operating Blended Total Fund Resource General Fund Resource General Fund Resource General Fund Resource General Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund

Preschool Disabilities - Full Time (continued): Other Objects 2,500 2,500 2,500 2,500

Total Preschool Handicapped - Fun Time 55,279 244,787 300,066 1,815 184,952 186,767 57,094 429,739 486,833 38,093 427,500 465,593

Total Special Education 453,567 8,997,270 9,450,837 (9,539) (112,6842 (122,223) 444,028 8,884,586 9,328,614 395,628 8,781,215 9,176,843

Basic Skills/Remedial: Salaries of Teachers 6,170 899,810 905,980 (6,170) 14,340 8,170 914,150 914,150 914,147 914,147 Other Salaries for Instruction 5,144 147,044 152,188 822 822 5,144 147,866 153,010 1,883 147,194 149,077 Other Purchased Services 650 650 (SSO) (550) 100 100 General Supplies 1,300 1,300 1,300 1,300 1,240 1,240

---l 0 Total Basic Skills/Remedial J 1,314 1,048,804 1,060, lI8 (6,170) 14,612 8,442 5,144 1,063,416 1,068,560 1,883 1,062,581 1,064,464

Bilingual Education: Salaries of Teachers 1,360 229,911 231,271 5,527 5,527 1,360 235,438 236,798 170 232,636 232,806 Other Purchased Services 257 257 257 257 General Supplies 1,933 1,933 1,933 1,933 405 405

Total Bilingual Education 1,360 232,101 233,461 5,527 5,527 1,360 237,628 238,988 170 233,041 233,211

Vocational Programs - Local Instruction: Other Purchased Services 4,000 4,000 4,000 4,000 1,922 1,922 General Supplies 4,371 4,371 4,371 4,371 1,510 1,510

Total Vocational Programs - Local Instruction 8,371 8,371 8,371 8,371 3,432 3,432

School Sponsored Cocurricnlar Activities: Salaries 17,673 330,402 348,075 (9,246) 4,137 (5,109) 8,427 334,539 342,966 4,527 282,915 287,442 Purchased Services 10,000 45,000 55,000 3,884 (45,000) (41,116) 13,884 13,884 13,733 13,733 Supplies and Materials 5,850 5,850 5,850 5,850 1,962 1,962

Total School Sponsored Cocurricular Activities 27,67)_ 381,252 408,?2_~ (5,362) (49,8~) (46,225) 22,31,[ 340,389 362,700 18,260 284,877 303,137 EXHIBIT C-la (Page 5 of 12) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND COMBINING BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEAR ENDED JUNE 30, 2013

ORIGINAL BUDGET TRANSFERS FINAL BUDGET ACTUAL Operating Blended Tota! Operating Blended Total Operating Blended Total Operating Blended Total Fund Resource General Fund Resource General Fund Resource General Fund Resource General Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund School Sponsored Athletics - Instruction: Salaries 282,697 282,697 282,697 282,697 268,760 268,760 Purchased Services 77,969 77,969 2,000 2,000 79,969 79,969 68,004 68,004 Supplies and Materials 91,691 91,691 59,643 59,643 151,334 151,334 129,249 129,249

Total School Sponsored Athletics - Instruction 452,357 452,357 61,643 61,643 514,000 514,000 466,013 466,013

Before/After School Programs: Salaries 198,339 198,339 6,688 6,688 205,027 205,027 111,812 111,812 Other Salaries [or Instruction 2,152 2,152 2,152 2,152

Total Before/After School Programs 200,491 200,491 6,688 6,688 207,179 207,179 111,812 111,812

Summer School - Instruction: Salaries 50,240 50,240 244 244 50,484 50,484 42,168 42,168 --l - Total Summer School- Instruction 50,240 50,240 244 244 50,484 50,484 42,168 42,168 Alternative Education Program - Instruction: Salaries 565,779 565,779 (26,395) (26,395) 539,384 539,384 418,121 418,121 Other Salaries for Instruction 9,191 9,191 1 1 9,192 9,192 9,191 9,191 General Supplies 295 295 5.500 5,500 5,795 5,795

Total Alternative Education Program-Instruction 575,265 575,265 (20,894) (20,894l 554371 554,371 427,312 427,312

Alternative Education Program - Support Services; Salaries 58,842 58,842 15,714 15,714 74,556 74,556 56,598 56,598

Total Alternative Education Program- Support Services 58,842 58,842 15,714 15,714 74,556 74,556 56,598 56,598

Total - Instruction 2,487,835 35,876,618 38,364,453 85,]76 (905,683) (820,557) 2,572,961 34,970,935 37,543,896 2,318,061 34,369,180 36,687,241

Undistributed Expenditures: Instruction: Tuition to Other LEA's - State Regular 128,400 128,400 89,913 89,913 218,313 218,313 217,913 217,913 Tuition to Other LEA's - State Special 18,622 18,622 18,622 18,622 18,621 18,621 Tuition to County Vocational School District - Regular 603,000 603,000 87,000 87,000 690,000 690,000 690,000 690,000 Tuition to County Vocational School District - Special 159,060 159,060 (84,060) (84,060) 75,000 75,000 75,000 75,000 EXHIBIT C-la (Page 6 of 12) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND COMBINING BlJDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEAR ENDED JUNE 30, 2013

ORIGINAL BUDGET TRANSFERS FINAL BUDGET ACTUAL Operating Blended Total Operating Blended Total Operating Blended Total Operating Blended Total Fund Resource General Fund Resource General Fund Resource General Fund Resource General Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fuud 15 Fund Instruction (continued): Tuition to CSSD & Regional Day School 2,170,554 2,170,554 (505,526) (505,526) 1,665,028 1,665,028 1,664,302 1,664,302 Tuition to Private Schools for the Handicapped - State 834,242 834,242 (64,207) (64,207) 770,035 770,035 769,354 769,354 Tuition- State Facilities 111,794 11l,794 1l1,794 111,794 111,794 111,794 Tuition - Other 167,600 167,600 (42,000) (42,000) 125,600 125,600 125,366 125,366

Total Undistributed Expenditures - Instruction 4,17A,Ji2.L _-_ 4,174,9.~~ (500,25_~) CiQQ,l28) 3,67:!J92 3,67.J,392 3,672)50 3,672,350

Attendance & Social Work Services: Salaries 198,423 198,423 14,334 34,738 49,072 212,757 34,738 247,495 202,540 34,738 237,278 Supplies and Materials 5.500 5,500 (5,500) (5,500)

Total Attendance & Social Work Services 198,423 5,500 203,923 14,334 29,238 43,;5]2 212,757 34,738 247,495 202.540 34,738 237,278

Health Services: Salaries 105,439 815,305 920,744 (47,523) (8,424) (55,947) 57,916 806,881 864,797 50,102 798,904 849,006 Purchased Professional & Technical Services 8,090 2,170 1O,26D 21,854 21,854 29,944 2,170 32,114 28,658 28,658 Other Purchased Services 290,600 ---J 825 291,425 4,358 (350) 4,008 294,958 475 295,433 293,040 24 293,064 N Supplies and Materials 11,090 30,831 41,921 (2,800) 635 (2,165) 8,290 31,466 39,756 3,955 29,147 33,102

Total Health Services 415,219 849,131 1,264,350 (24,111) _~) (3?,250) -----.l2lJ08 _ 840,992 _ 1,232,100 3]5,755 828,075 1,203,830

Other Support Services - Students - Related Services: Salaries 899,6\5 899,615 1,370 1,370 900,985 900,985 896,377 896,377 Purchased Technical Services 14,000 14,000 4,300 4,300 18,300 18,300 18,300 18,300 Supplies and Materials 11,000 11,000 ______------.l1900 ____1_1,000 __8,669 8,669

Total Other Support Services - Students­ Related - Services 924,615 924,615 5,670 5,670 930,285 930)85 923,346 923,346

Other Support Services - Students - Extra Services: Purchased Professional/Educational Services 1,070,141 1,070,141 100254 100254 1,170,395 1170,395 l,i65J7? L165,172

Total Other Support Services - Students - Extra Services 1070141 ),070,141 100,254 100,754 1170,395 1,170,395 1,165,172 1,165,172

Other Support Services - Students - Regular: Salaries of Other Professioual Staff 95,621 1,558,458 1,654,079 (71,449) 39,054 (32,395) 24,172 1,597,512 1,621,684 15,168 1,597,333 1,612,501 Salaries of Secretarial & Clerical Assistants 56,076 56,076 2,157 2,157 58,233 58,233 58,233 58,233 Purchased Professional/Educational Services 2,950 2,950 (2,052) (2,052) 898 898 Purchased Technical Services 3,500 3,500 3,500 3,500 EXHIBIT C-la (Page 7 of 12) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND COMBINING BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEAR ENDED JUNE 30,2013

ORIGINAL BUDGET TRANSFERS FINAL BUDGET ACTUAL Operdting Blended Total Operating Blended Total Operating Blended Total Operating Blended Total Fund Resource General Fund Resource General Fund Resource General Fund Resource General Fund 11-L3 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Other Support Services - Students - Regular (continued): Other Purchased Services 46,000 2,475 48,475 (42,000) (350) (42,350) 4,000 2,125 6,125 1,289 425 1,714 Supplies and Materials 8,106 24,455 32,561 607 (8,240) (7,633) 8,713 16,215 24,928 3,655 13,233 16,888

Tolal Odler Support Services - Students- Regular 205,803 1,591,838 1,797,641 (110,685) 28,412 (82,273) 95,llS 1,620,250 1,715,368 78,345 J,610,991 1,689,336

Olher SUppOit Services - Students - Special Services: Salaries of Other Professional Staff 2,377,869 2,377,869 (143,285) (143,285) 2,234,584 2,234,584 2,219,241 2,219,241 Salaries of Secretarial & Clerical Assistants 308,281 30S,281 30,320 30,320 338,601 338,601 334,385 334,385 Purchased ProfessionaL'Educational Services 80,000 80,000 (6,400) (6,400) 73,600 73,600 73,413 73,4]3 lvliscellaneous Purchased Services 65,000 65,000 65,000 65,000 35,427 35,427 Supplies and Materials 60,000 60,000 (2,909) (2,909) 57,091 57,091 54,040 54,040 Other Objects 2,000 2,000 2,000 2,000

---J Total Other Support Services - Students- w Special Services 2,893,150 2,893,150 (122,274! (122,774) 2,770,876 2,770,876 2,7J6,506 2,716,506

Support Services - Instruction Staff: Salmies of Supervisors of Instruction 769,533 1,000 770,533 (1,494) (1,494) 768,039 1,000 769,039 756,396 756,396 Salaries of Other Professional Staff 46,708 138,795 185,503 (36,480) 1,310 (35,170) 10,228 140,105 150,333 9,383 110,499 119,882 Salaries of Secretarial & Clerical Assistants 110,962 110,962 (8,618) (8,618) 102,344 102,344 81,936 81,936 Salaries of facilitators, Math & Literacy 208,210 208,210 24,117 24,117 232,327 232,327 232,327 232,327 Purchased Professional/Educational Services 248,000 16,800 264,800 (69,400) (15,476) (84,876) 178,600 1,324 179,924 177,449 1,251 178,700 Other Purchased Services 25,930 25,930 1,230 1,230 27,160 27,160 5,950 5,950 Supplies and Malerials 11,590 7,000 18,590 795 795 12,385 7,000 19,385 3,204 947 4,151

Total Support Services - Instructional Staff 1,420,933 163,595 1,584,528 (89,850) (l4,166i (l04,016l 1,331,083 149,429 1,480,512 1,266,645 112,697 1,379,342

Educational Media Services/School Library: Salaries 403,079 1,005,575 1,408,654 (43,130) 5,372 (37,758) 359,949 1,010,947 1,370,896 345,461 1,006,801 \,352,262 Purchased Professional & Technical Services 235,217 1,400 236,617 18,590 18,590 253,807 1,400 255,207 234,092 175 234,267 Other Purchased Services 14,077 7,275 21,352 (887) (250) (1,137) 13,190 7,025 20,215 3,574 4,765 8,339 Supplies and Materials 471,714 737,599 659,313 (59,356) (73,803! (83,159) 362,358 213,796 576,154 125,325 174,946 300,271

Total Educational Media Services/School Library L,074,087 1,251,849 2,325,936 (84,783) (18,681) (1_03,464) 989,304 1,233,168 2,222,472 708,452_ 1,18§,687 1,895,139 EXHlBITC-la (Page 8 of 12) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND COMBINING BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEAR ENDED JUNE 30, 2013

ORlGINAL BUDGET TRANSFERS FINAL BUDGET ACTUAL Operating Blended Total Operating Blended Total Operating Blended Total Operating Blended Total Fund Resource General Fund Resource General Fund Resource General Fund Resource General Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Instructional StaffTtaining Services: Salades of Other Professional Staff 7,000 7,000 7,000 7,000 Purchased Professional/Educational Services 22,500 72,500 22,500 22,500

Total Instructional Staff Training Services 7,000 22.500 29,500 7,000 22,500 29,500

Support Services General Administration: Salaries 244,517 244,517 244,517 244,517 241,684 241,684 Legal Services 86,000 86,000 \3,123 13,123 99,123 99,123 99,122 99,122 Audit Fees 37,000 37,000 1,400 1,400 38,400 38,400 37,900 37,900 Architectural/Engineering Fees 26,000 26,000 4,795 4,795 30,795 30,795 27,499 27,499 Other Purchased Professional Services 52,700 52,700 11,835 11,835 64,535 64,535 59,431 59,431 T elephone/Communications 481,385 481,385 (150,525) (150,525) 330,860 330,860 267,036 267,036 BOE Other Purchased Services 4,000 4,000 4,000 4,000 2,604 2,604 --J -"" Other Purchased Services 106,008 106,008 (1,859) (1,859) 104,149 104,149 64,645 64,645 General Supplies 11,850 11,850 3,500 3,500 15,350 15,350 10,232 10,232 Judgements Against School District 5,000 5,000 20,372 20,372 25,372 25,372 25,372 25,372 BOE Membership Dues & Fees 27,000 27,000 27,000 27,000 25,330 25,330

Total Support Services General Administration 1,081,460 1,031,460 (97,359) (97,359) 984,101 984,101 860,855 860,855

Support Services School Administration: Salaries of Principals & Assistant Principals 6,075 1,880,757 \,886,832 5,495 5,495 6,075 1,886,252 1,892,327 1,877,985 1,877,985 Salaries of Secretarial & Clerical Assistants 103,503 1,037,566 1,191,069 (11,947) (113,352) (125,299) 91,556 974,214 1,065,770 71,352 967,263 1,038,615 Other Salaries 112,125 112,125 10,347 (11,300) (953) 10,347 100,825 111,172 10,347 100,825 111,172 Other Purchased Services !,600 9,460 11,060 3,189 (725) 2,464 4,789 8,735 13,524 4,789 723 5,5\2 Supplies and Materials 20,089 20,089 (8,332) (8,332) 11,757 11,757 7,039 7,039 Other Objects 6,300 6,800 (6,800) (6,800)

Total Support Services School Administration 111,178 3.116,797 3,227,975 1,589 (135,014) (133,425) 112,767 2,981,783 3,094,550 86,488 2,953,835 3,040,323

Central Services: Salaries 990,968 990,968 2,354 2,354 993,322 993,322 989,347 989,347 Purchased Professional Services 157,000 157,000 182,560 182,560 339,560 339,560 79,509 79,509 Purchased Technical Services 27,531 27,531 27,531 27,531 27,531 27,531 Other Purchased Services 32,050 32,050 32,050 32,050 10,822 10,822 Supplies and Materials 108,750 108,750 13,905 13,905 122,655 122,655 109,250 109,250 MisceHaneous Expenditures 62,300 62,300 62,300 62,300 56,748 56,748 EXHIBIT C-Ia (Pagc90f12) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND COMBINING BUDGETARY COMPARISON SCHEDULE FOR THE FlSCAL YEAR ENDED JUNE 30, 2013

ORIGINAL BUDGET TRANSFERS FTNAL BUDGET ACTUAL -Operating Blended Total Operating Blended Total Operating Blended Total Operating Blended Total Fund Resource General F~d Resource General Fund Resource General Fund Resource General ·Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund

Total Central Services 1,378,599 1,378,599 198,819 198,819 1,577,418 1,577,418 1,273,207 1,273,207

Administrative Information T edmology: Salaries 524,203 524,203 106 106 524,309 524,309 524,309 524,309 Purchased Technical Services 86,949 86,949 (3,985) (3,985) 82,964 82,964 72,484 72,484

Total Administrative lnfonnation Technology 611,152 611,15? (3,879) (3,879) 607,273 607,273 596,793 596,793

Allowable Maintenance for School Facilities: Salaries 249,455 249,455 249,455 249,455 249,455 249,455 Cleaning, Repair & Maintenance Services 50,000 ---'~O,OOO 50,000 50,000 5,290 5.290 --l V> Total Allowable Maintenance for School Facilities 50,000 50,000 749,455 249,455 299,455 299,455 254,745 754,745

Custodial Services: Salaries 3,356,721 3,356,721 (114,697) (114,697) 3,242,024 3,242,024 2,866,595 2,866,595 Purchased Professional & Technical Services [22,200 122,200 122,200 122,200 77,180 77,180 Cleaning, Repair & Maintenance Services 786,485 786,485 (23,220) (23,220) 763,265 763,265 551,645 551,645 Other Purchased Property Services 95,000 95,000 3,335 3,335 98,335 98,335 97,282 97,282 Insurance 392,005 392,005 43,443 43,443 435,448 435,448 435,448 435,448 Miscellaneous Purchased Services 36,400 36,400 (3,500) (3,500) 32,900 32,900 29,549 29,549 General Supplies 725,870 725,870 30,588 30,588 756,458 756,458 700,861 700,861 Energy (Electricity) 1,600,000 1,600,000 (236,844) (236,844) 1,363,156 1,363,156 953,893 953,893 Energy (Gas) 650,000 650,000 (218,644) (218,644) 431,356 431,356 390,139 390,139 Other Objects ]0,000 10,000 10.000 10,000 8,064 8,064

Total Custodial Services 7,774,681 7,774,681 (519,539) (519,539) 7,255,142 7,255,142 6,110,656 6,110,656

Care & Upkeep of Grounds: Salaries 95,174 95,174 (510) (510) 94,664 94,664 94,037 94,037

Total Care & Upkeep of Grounds 95,174 95,174 (510) (510) 94,664 94,664 94,037 94,037 EXHIBIT C-Ia (Page 10 of 12) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND COMBINING BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEAR ENDED JUNE 30, 2013

ORIGINAL BUDGET TRANSFERS FINAL BUDGET ACTUAL Operating Blended Total Operating Blended Total Operating Blended Total Operating Blended Total Fund Resource General Fund Resource General Fund Resource General Fund Resource General Fund 11-13 Fund 15 F=d Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 1\-13 Fund IS Fund Security: Salaries 95,701 824,668 920,369 13,716 (47,014) (33,298) 109,417 777,654 887,071 107,913 771,739 879,652 Purchased Professional & Technical Services 32,000 32,000 (3,731) (3,731) 28,269 28,269 18,036 18,036 General Supplies 49,450 2,000 51,450 3,180 (1,000) 2,180 52,630 1,000 53,630 38,2 \0 38,210

Total Security 177,151 826,668 1,003,819 13,165 (48,0142 (34,849) 190,316 778,654 968,970 164,159 771,739 935,898

Student Transportation Services: Salaries for Pupil Transportation (Between Home & School) - Regular 2,060,317 2,060,317 36,022 36,022 2,096,339 2,096,339 1,989,590 1,989,590 Salaries for Pupil Transportation (Between Home & School) - Special Education 631,093 631,093 87,855 87,855 718,948 718,948 688,322 688,322 Cleaning, Repair & Maintenance Services 80,000 80,000 3,000 3,000 83,000 83,000 77,497 77,497 Contmcted Services (Between Home --..l 0\ & School) - Vendors 1,000,000 1,000,000 29,336 29,336 1,029,336 1,029,336 1,029,336 1,029,336 Contracted Services (Aid in Lieu Payments) Nonpublic Schools 75,400 75,400 (13,000) (13,000) 62,400 62,400 62,322 62,322 Miscellaneous Purchased Services - Transportation 77,394 77,394 9,072 9,072 86,466 86,466 82,884 82,884 Supplies and Materials 782,000 782,000 111,907 111,907 893,907 893,907 857,483 857,483 Other Objects 2,700 2,700 2,700 2,700 864 864

Total Student Transportation Services 4,708,904 4,708,904 264,192 264,192 4,973,096 4,973,096 4,788,298 4,788,298

Unallocated Benefits Employee Benefits: Social Security 1,430,000 1,430,000 17,500 17,500 1,447,500 1,447,500 1,447,499 1,447,499 PERS Contributions 1,706,849 1,706,849 (6~408) (62,408) 1,644,441 1,644,441 1,644,440 1,644,440 Workmen's Compensation 730,577 730,577 (15,678) (15,678) 714,899 714,899 714,898 714,898 Health Benefits 5,513,008 12,420,690 17,933,698 693,979 1,070,233 1,764,212 6,206,987 13,490,923 19,697,910 6,206,987 13,490,922 19,697,909 Tuition Reimbursements 125,000 125,000 125,000 125,000 105,618 105,618

Total Unallocated Benefits - Employee Benefits 9,505,434 12,420,690 21,926,124 633,393 1,070,233 1,703,626 10,138,827 13,490,923 23,629,750 10,119,442 13,490,922 23,610,364

Nonbudgeted: On-BehalfTPAF Pension Contributions 2,872,760 2,872,760 On-BehalfTPAF Medical Contributions 3,248,365 3,248,365 Reimbursed TP AF Social Security Contributions 3,350,437 3,350,437 EXHIBIT C-! a (Page! I of 12) PEMBERTON TOWNSHlP BOAR[) OF EDUCATION GENERAL FUND COMBINING BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEAR ENDED JUNE 30, 2013

ORIGINAL BUDGET TRANSFERS FINAL BUDGET ACTUAL Operating Blended Total Operating Blended Total Operating Blended Total Operating Blended Total Fund Resource General Fund Resource General Fund Resource General Fund Resource General Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 Fund

Total Undistributed Expenditures 37,877,754 20,248,568 58,126,322 (72,377) 903,869 831,492 37,805,377 21,152,437 58,957,814 44,929,353 20,989,684 65,919,037

Total Expenditures - CUITent Expense 40,365,589 56,125,186 96,490,775 12,749 (1,814) 10,935 40,378,338 56,123,372 96,501,710 47,247,414 55,358,864 102,606,278

Capital Outlay: Interest Deposit 011 Maintenance Reserve 1,500 1,500 1,500 1,500 Interest Deposit on Capital Reserve 5,000 5,000 5,000 5,000 Equipment: Regular Programs - Instruction: Grades 6 - 8 4,902 4,902 4,902 4,902 4,902 4,902 Grades 9 - 12 11,200 11,200 11,200 11,200 10,02 [ 10,021 Muhip1e Disabilities 2,000 2,000 2,000 2,000 Resource Room 2,000 2,000 2,000 2,000 Undistributed Expenditures: --l --l Improvement of Instruction Services -Instruction Staff 12,000 12,000 50,906 50,906 62,906 62,906 61,300 61,300 Central Services 2,000 2,000 (2,000) (2,000) Administrative lnfoffilation Technology 16,049 16,049 16,049 16,049 16,049 16,049 Custodial Services 64,800 64,800 8,058 8,058 72,858 72,858 52,681 52,681 Care and Upkeep of Grounds 5,800 5,800 (5,800) (5,800) Security 7,000 7,000 (2,600) (2,600) 4,400 4,400 Student TranspOltation: Non-Instructional Equipment 560,000 560,000 576,450 576,450 1,136,450 1,136,450 597,179 597,179

Total Equipment 674,149 15,200 689,349 625,014 4,902 629,9J§ 1,299,163 20,102 1,319,265 727,209 14,923 742,132

Facilities Acquisition & Construction Services: Other Purchased Professional! Technical Services 956,091 956,091 (242,258) (242,258) 713,833 713,833 200,629 200,629 Construction Services 3,824,369 3,824,369 690,532 690,532 4,514,901 4,514,901 1,682,034 \,682,034

Total Facilities Acquisition & Construction Services 4,780,460 4,780,460 448,274 448,n:1: 5,228,734 5,228,734 1,882,663 1,882,663 EXHIBIT C-la (Page 12 of12) PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND COMBINING BUDGETARY COMPARISON SCHEDULE FOR THE FISCAL YEAR ENDED JUNE 30, 2013

ORIGINAL BUDGET TRANSFERS FINAL BUDGET ACTUAL Operating Blended Total Operating Blended Total Operating Blended Total Operating Blended Total Fund Resource Genera! F=d Resource General F=d Resource General F=d Resource General Fund 11-13 Fund 15 F=d Fund 11-13 Fund 15 Fund Fund 11-13 Fund 15 F=d Fund 11-13 Fund 15 Fund

Total Capital Outlay 5,454,609 15,200 5,469,809 1,073,288 4,902 1,078,190 6,527,897 20,102 6,547,999 2,609,872 14,923 2,624,795

Adult Education - Local: Salaries of Teachers 16,000 16,000 16,000 16,000 14,350 14,350 Personal Services - Employee Benefits 1,600 1,600 1,600 1,600 1,321 1,321

Total Adult Education - Local 17,600 17,600 17,600 17,600 15,671 15,671

Total Special Schools 17,600 17,600 17,600 17,600 15,671 15,671 --I 00 Total Expenditures 45,837,798 56,140,386 101,978,184 1,086,037 3,088 1,089,125 46,923,835 56,143,474 103,067,309 49,872,957 55,373,787 105,246,744

Excess/(Deficiency) of Revenues Over/(Under) Expenditures Before Other Financing Sources /(Uses) 50,363,410 (56,140,~_@ (5,776,9L6) (1,078,806) (3,088) (1,081,894) 49,284,604 ~56,143,474) (6,858,870) 57,188,754 (55,373,787) 1,814,967

Other Financing Sources!(Uscs): Food Services: Transfer to Capital Projects (1,182,529) (1,182,529) (1,182,529) (1,182,529) (1,182,529) (1,182,529) Operating Transfer Out - Charter Schools (1,174,125) (1,174,125) (137,649) (137,649) (1,311,774) (1,311,774) (1,311,774) (1,311,774) Operating Transfer Out- Special Revenue (576,044) (576,044) (576,044) (576,044) Operating Transfer In- Contribution to Whole School Reform (56,140,386) 56,140,386 56,140,386 56,140,386 56,140,386 56,140,386 55,372,063 55,372,063 Operating Transfer Out- Contribution to Whole School Reform (56,140,386) (56,140,386) (56,140,386) (56,140,386) (55,372,063) (55,372,063)

Total Other Financing Sources/(Uses) (57,890,555) 56,140,386 (1,750,169) (1,320,1782 (1,320,178) (59,210,733) 56,140,386 (3,070,347) (57,866,366) 55,372,063 i2,494,303)

Excess!(Deficiency) of Revenues Over/(Under) Expenditures (7,527,145) (7,527,145) (2,398,984) (3,088) (2,402,072) (9,926,129) (3,088) (9,929,217) (677,612) (1,724) (679,336) Fund Balances, July I 19,906,015 3,088 19,909,103 19,906,015 3,088 19,909,103 19,906,015 3,088 19,909,103

Fund Balances, June 30 $ 12,F&,:;I70 $ 3,,088 $ 12,381,.2i8 $ (2,39[,284) $ 0)288) $ (2,4Q7,072) $ 9,979,886 $ $ 9.....2.79,886 $ 19,228.403 $ 1.364 $ 19,229,767 EXHIBIT C- J b PEMBERTON TOWNSHIP BOARD OF EDUCATION EDUCATION JOBS FUND PROGRAM - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! JUNE 30,2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORlGINAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL FINAL TO NUMBER BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL Federal Sources: Education Jobs Fund 18-4455 $ $ 7,?31 $ 7,231 $ 7,231 J; _$2,808_,890 $- 87,997 $2,896,887 $2,896,887 $

Total Federal Sources 7,231 7,231 7,231 2,808,890 87,997 2,896,887 2,896,887

Total Revenues 7,231 7,231 7,231 2,808,890 87,997 2,896,887 2,896,887

Expenditures: Custodial Services: Salmies 18-000-262- J 00 6,1J7 6,717 6,717 2,808 890 87,997 2,896,887 2,896,887 ---J 2 '-D Total Custodial Services 6,717 6,717 6,717 2,808,890 87,997 2,896,887 2,896,887

Unallocated Employee Benefits: Health Benefits 18-000-291-270 514 514 514

Total Unallocated Employee Benefits 514 514 514

Total Expenditures 7,231 7,231 7,231 2,808,890 87,997 ~,896,887 _:2,896,887

Excess!(Deficiency) of Revenues Over! (Under) Expenditures $ - $ L $ - $ - $ - $ - $ - $ - $ EXHIBITC-2 (Page 1 of2) PEMBERTON TOWNSHIP BOARD OF EDUCAnON SPECIAL REVENUE FUND BUDGETARY COMPARISON SCHEDULE FOR FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

VARlANCE VARlANCE POSITIVEI POSlTlVEI JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORlGINAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL FINAL TO REVENUES BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

State Sources $ 7,680,143 $ $ 7,680,143 $ 7,581,267 $ (98,876) $ 7,647,218 $ 378,257 $ 8,025,475 $ 7,947,172 $ (78,303) Federal Sources 2,879,188 570,644 3,449,832 2,976,672 (473,160) 2,802,934 1,397,650 4,200,584 3,564,221 (636,363)

Total Revenues 10,559,331 570,644 11,129,975 10,557,939 (572,036) 10,450,152 1,775,907 12,226,059 11,511,393 (714,666)

00 EXPENDITURES: 0 Instruction: Salaries of Teachers 3,059,328 740,257 3,799,585 3,586,890 212,695 3,059,328 12,464 3,071,792 2,901,449 170,343 Other Salaries for Instruction 144,709 1,487,198 1,631,907 1,608,225 23,682 1,444,709 (6,462) 1,438,247 1,436,023 2,224 Purchased Professional Services 46,431 46,431 24,488 21,943 81,093 81,093 51,304 29,789 Other Purchased Services 1,535,711 75,257 1,610,968 1,590,326 20,642 30,000 1,579,050 1,609,050 1,555,045 54,005 General Supplies 391,150 (107,151) 283,999 208,433 75,566 66,009 391,150 457,159 301,431 155,728 Other Objects 8,000 3,881 11,881 11,480 401 8,000 7,122 15,122 11,668 3,454

T ota! Instruction 5,138,898 2,245,873 7,384,771 7,029,842 354,929 4,608,046 2,064,417 6,672,463 6,256,920 415,543

Support Services: Salaries of Supervisors 133,491 51,242 184,733 161,127 23,606 133,491 34,292 167,783 157,212 10,571 Salaries of Other Professional Staff 247,178 7,171 254,349 253,878 471 247,178 19,498 266,676 248,304 18,372 Salaries of Secretarial & Clerical Assistants 137,224 27,036 164,260 163,374 886 137,224 152,739 289,963 289,185 778 Other Salaries 710,928 13,412 724,340 713,630 10,710 710,928 18,264 729,192 707,187 22,005 Personal Services - Employee Benefits 959,930 1,107,241 2,067,171 1,487,742 579,429 959,930 167,784 1,127,714 1,126,583 1,131 Purchased Professional Services 2,069,956 (1,488,100) 581,856 511,406 70,450 1,912,085 (1,358,118) 553,967 376,118 177,849 Other Purchased Services 1,547,304 (1,366,774) 180,530 147,090 33,440 1,547,304 582,934 2,130,238 2,079,706 50,532 EXHIBIT C-2 (Page 20f2) PEMBERTON TOWNSHIP BOARD OF EDUCATION SPECIAL REVENUE FUND BUDGETARY COMPARISON SCHEDULE FOR FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

VARIANCE VARIANCE POSITIVEI POSITIVEI JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL Expenditures (continued): Travel 10,500 4,170 14,670 5,056 9,614 10,500 (1,551) 8,949 1,846 7,103 Miscellaneous Purchased Services 125,966 (84,116) 41,850 8,288 33,562 125,966 9,768 135,734 133,649 2,085 Supplies & Materials 22,000 37,022 59,022 45,630 13,392 22,000 28,023 50,023 45,546 4,477 Miscellaneous Expenditures 2_000 1,520 3,520 no 2,800 2,000 (500) 1,500 133 1,367

Total Support Services 5,966,477 (1,690,176) 4,276,301 3,497,941 778,360 5,808,606 (346,867) 5,461,739 5,165,469 296,270 00 ~ Facilities Acquisition & Construction Services: Instructional Equipment 30,000 14,947 44,947 30,156 14,791 30,000 53,162 83,162 80,309 2,853 Noninstructional Equipment 3,500 5,195 8,695 8,695

Total Facilities Acquisition & Construction Services 30,000 14,947 44,947 30,156 14,791 33,500 58,357 91,857 89,004 2,853

Total Expenditures 11,135,375 570,644 11,706,019 10,557,939 1,148,080 10,450,152 1,775,907 12,226,059 11,511,393 714,666

Total Ourtlows 11,135,375 570,644 11,706,019 10,557,939 1,148,080 10,450,152 1,775,907 12,226,059 11,511,393 714,666

Other Financing Sources/CUses): Operating Transfer In- General Fund 576,044 576,044 (576,044)

Total Other Financing Sources/(Uses) 576,044 576,044 (576,044)

Excess/(Deficiency) of Revenues Over! (Under) Expenditures & Other Financing Sources/CUses) $ - $ - $ - $ - $ - $ - $ - $ - $ - $

NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

EXHIBIT C-3 PEMBERTON TOWNSHIP BOARD OF EDUCATION REQUIRED SUPPLEMENTARY INFORMATION BUDGETARY COMPARISON SCHEDULE NOTE TO RSI FOR THE FISCAL YEAR ENDED JUNE 30, 2013

Note A - Explanation of Differences between Budgetary Inflows and Outflows and GAAP Revenues and Expenditures

GENERAL SPECIAL FUND REVENUE FUND Sources/Inflows of Resources: Actual Amounts (Budgetary Basis) "Revenue" From the Budgetary Comparison Schedule (C-Series) $ 107,061,711 $ 10,557,939 Difference - Budget to GAAP: State aid payment recognized for GAAP statements in the current year, previously recognized for budgetary purposes. 8,312,803 729,434

State aid payment recognized for budgetary purposes, not recognized for GAAP statements until the subsequent year. (8,039,241) (756,514)

Grant accounting budgetary basis differs from GAAP in that encumbrances are recognized as 'expenditures, and the related revenue is recognized.

Prior Year 864,758 Current Year (239,047)

Total Revenues as Reported on the Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds. (B-2) $ 107,335,273 $ 11,156,570

Uses/outflows of resources: Actual amounts (budgetary basis) "total expenditures" from the budgetary comparison schedule $ 105,246,744 $ 10,557,939 Differences - budget to GAAP Encurobrances for supplies and equipment ordered but not received is reported in the year the order is placed for budgetary purposes, but in the year the supplies are received for financial reporting purposes. 625,711

Total Expenditures as Reported on the Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Fnods (B-2) $ 105,246,744 $ 11,183,650

82 I I I I I I I I I I I I I I I I I I I I OTHER SUPPLEMENTARY INFORMATION

D. School Based Budget Schedules

EXlllBIT D-I PEMBERTON TOWNSHIP BOARD OF EDUCATION GENERAL FUND BALANCE SHEET AS OF JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

OPERATING BLENDED FUND RESOURCE FUND 11-13 FUND 15 2013 2012 ASSETS

Cash & Investments $ 12,608,938 $ 166,823 $ 12,775,761 $ 12,883,697 Accounts Receivable: State Aid 8,674,344 8,674,344 9,007,878 Federal Aid 7,231 7,231 Tuition 110,731 110,731 57,343 Interfunds 682,619 682,619 898,639

Total Assets $ 22,083,863 $ 166,823 $ 22,250,686 $ 22,847,557

LIABILITIES & FUND BALANCES

Liabilities: Acconnts Payable $ 422,420 $ $ 422,420 $ 965,679 Accrued Salaries Payable 681,685 165,459 847,144 221,590 Blue CrosslBlue Shield - IBNR Claims Reserve 1,751,355 1,751,355 1,751,185

Total Liabilities 2,855,460 165,459 3,020,919 2,938,454

Fnnd Balances: Restricted for: Excess Surplus 2,780,329 2,780,329 Tuition Reserve 247,736 247,736 400,000 Tuition Reserve - Designated for Subsequent Year's Expenditures 152,264 152,264 Emergency Reserve 1,000,000 1,000,000 1,000,000 Maintenance Reserve 2,450,000 2,450,000 2,450,000 Capital Reserve 2,615,806 2,615,806 3,916,160 Capital Reserve - Designated for Subsequent Year's Expenditures 2,000,000 2,000,000 3,182,529 Assigned to: Designated for Subsequent Year's Expenditures 2,318,880 2,318,880 4,344,616 Other Purposes 2,026,081 1,364 2,027,445 2,402,072 Unassigned: General Fnnd 3,637,307 3,637,307 2,213,726

Total Fnnd Balances 19,228,403 1,364 19,229,767 19,909,103

Total Liabilities & Fund Balances $ 22,083,863 $ 166,823 $ 22,250,686 $ 22,847,557

83 EXHIBITD-2 PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCE FUND 15 SCHEDULE OF EXPENDITURES ALLOCATED BY RESOURCE TYPE - ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2013

DISTRICT WIDE JUNE 30, 2013 JUNE 30, 2012 TOTAL TOTAL EXPENDITURES EXPENDITURES ALLOCATED AS TOTAL ALLOCATED AS TOTAL RESOURCE % OF TOTAL A%OFTOTAL SURPLUS/ RESOURCE % OF TOTAL A%OFTOTAL SURPLUS/ RESOURCES AMOUNT RESOURCES RESOURCES CARRYOVER AMOUNT RESOURCES RESOURCES CARRYOVER

General Fund Contribution to Whole School Refonn $ 55,372,063 100% $ 55,370,699 $ 1,364 $ 56,298,178 100% $ 56,295,090 $ 3,088

~ General Fund Reserve for Encumbrances at June 30, 3,088 0% 3,088 13,192 0% 13,192

Other State Resources: DEPA

Total Other State Resources

Combined General Fund Contribution & State Resources 55,375,151 100% 55,373,787 1,364 56,311,370 100% 56,308,282 3,088

Totals $ 55,375,151 100% $ 55,373,787 $ 1,364 $ 56,311,370 100% $ 56,308,282 $ 3,088 EXHIBIT D-2a PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCE FUND 15 SCHEDULE OF EXPENDITURES ALLOCATED BY RESOURCE TYPE - ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

SCHOOL: HELEN FORTINEWCOMB JUNE 30, 2013 JUNE 30, 2012 TOTAL TOTAL EXPENDITURES EXPENDITURES ALLOCATED AS TOTAL ALLOCATED AS TOTAL RESOURCE %OFTOTAL A%OFTOTAL SURPLUS! RESOURCE % OF TOTAL A%OFTOTAL SURPLUS! RESOURCES AMOUNT RESOURCES RESOURCES CARRYOVER AMOUNT RESOURCES RESOURCES CARRYOVER

General Fund Contribution to Whole School Refonn $ 13,503,813 100% $ 13,503,813 $ $ 5,239,408 100% $ 5,239,408 $

00 General Fund Reserve for t.h Encumbrances at June 30,

Other State Resources DEPA

Total Other State Resources

Combined General Fund Contribution & State Resources 13,503,813 100% 13,503,813 5,239,408 100% 5,239,408

Totals $ 13,503,813 100% $ 13,503,813 $ $ 5,239,408 100% $ 5,239,408 $ EXHIBIT D-2b PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCE FUND 15 SCHEDULE OF EXPENDITURES ALLOCATED BY RESOURCE TYPE - ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

SCHOOL: EMMONS JUNE 30,2013 JUNE 30, 2012 TOTAL TOTAL EXPENDITURES EXPENDITURES ALLOCATED AS TOTAL ALLOCATED AS TOTAL RESOURCE % OF TOTAL A%OFTOTAL SURPLUS; RESOURCE % OF TOTAL A%OFTOTAL SURPLUS; RESOURCES AMOUNT RESOURCES RESOURCES CARRYOVER AMOUNT RESOURCES RESOURCES CARRYOVER

General Fund Contribution to Whole School Reform $ 4,155,870 100% $ 4,155,870 $ $ 3,601,203 100% $ 3,601,203 $ co General Fund Reserve for 0\ Encumbrances at June 30,

Other State Resources DEPA

Total Other State Resources

Combined General Fund Contribution & S tate Resources 4,155,870 100% 4,155,870 3,601,203 100% 3,601,203

Totals $ 4,155,870 100% $ 4,155,870 $ $ 3,601,203 100% $ 3,601,203 $ EXHIBIT D-2c PEMBERTON TOWNSHIP BOARD OF EDUCA nON BLENDED RESOURCE FUND 15 SCHEDULE OF EXPENDITURES ALLOCATED BY RESOURCE TYPE - ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

SCHOOL: HARKER-WYLIE JUNE 30, 2013 JUNE 30, 2012 TOTAL TOTAL EXPENDITURES EXPENDITURES ALLOCATED AS TOTAL ALLOCATED AS TOTAL RESOURCE % OF TOTAL A% OF TOTAL SURPLUS; RESOURCE % OF TOTAL A%OFTOTAL SURPLUS; RESOURCES AMOUNT RESOURCES RESOURCES CARRYOVER AMOUNT RESOURCES RESOURCES CARRYOVER

General Fund Contribution to Whole School Refonn $ 4,491,340 100% $ 4,491,340 $ $ 4,666,244 100% $ 4,665,209 $ 1,035

~ General Fund Reserve for Encumbrances at June 30, 1,035 0% 1,035

Other State Resources DEPA

Total Other State Resources

Combined General Fund Contribution & State Resources 4,492,375 100% 4,492,375 4,666,244 100% 4,665,209 1,035

Totals $ 4,492,375 100% $ 4,492,375 $ $ 4,666,244 100% $ 4,665,209 $ 1,035 EXHIBIT D-2d PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCE FUND 15 SCHEDULE OF EXPENDITURES ALLOCATED BY RESOURCE TYPE - ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

SCHOOL: FORT DIX JUNE 30,2013 JUNE 30, 2012 TOTAL TOTAL EXPENDITURES EXPENDITURES ALLOCATED AS TOTAL ALLOCATED AS TOTAL RESOURCE % OF TOTAL A%OFTOTAL SURPLUS/ RESOURCE % OF TOTAL A% OF TOTAL SURPLUS/ RESOURCES AMOUNT RESOURCES RESOURCES CARRYOVER AMOUNT RESOURCES RESOURCES CARRYOVER

General Fund Contribution to Whole School RefOlID $ 3,154,758 100% $ 3,154,758 $ $ 3,019,357 100% $ 3,019,357 $

00 00 General Fund Reserve for Encumbrances at June 30,

Other State Resources DEPA

Total Other State Resources

Combined General Fund Contribution & State Resources 3,154,758 100% 3,154,758 3,019,357 100% 3,019,357

Totals $ 3,154,758 100% $ 3,154,758 $ $ 3,019,357 100% $ 3,019,357 $ EXHIBIT D-2e PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCE FUND 15 SCHEDULE OF EXPENDITURES ALLOCATED BY RESOURCE TYPE - ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

SCHOOL: CRICHTON JUNE 30, 2013 JUNE 30, 2012 TOTAL TOTAL EXPENDITURES EXPENDITURES ALLOCATED AS TOTAL ALLOCATED AS TOTAL RESOURCE % OF TOTAL A % OF TOTAL SURPLUS; RESOURCE % OF TOTAL A % OF TOTAL SURPLUS; RESOURCES AMOUNT RESOURCES RESOURCES CARRYOVER AMOUNT RESOURCES RESOURCES CARRYOVER

General Fund Contribution to Whole School Refonn $ 4,755,420 100% $ 4,755,420 $ $ 4,603,988 100% $ 4,603,964 $ 24

~ General Fund Reserve for Encumbrances at June 30, 24 0% 24 175 0% 175

Other State Resources DEPA

Total Other State Resources

Combined General Fund Contribution & State Resources 4,755,444 100% 4,755,444 4,604,163 100% 4,604,139 24

Totals $ 4,755,444 100% $ 4,755,444 $ $ 4,604,163 100% $ 4,604,139 $ 24 EXHIBIT D-2f PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCE FUND 15 SCHEDULE OF EXPENDITURES ALLOCATED BY RESOURCE TYPE - ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2012 AND 2011

SCHOOL: DENBO JUNE 30, 2012 JUNE 30, 2011 TOTAL TOTAL EXPENDITURES EXPENDITURES ALLOCATED AS TOTAL ALLOCATED AS TOTAL RESOURCE % OF TOTAL A%OFTOTAL SURPLUS; RESOURCE % OF TOTAL A%OFTOTAL SURPLUS; RESOURCES AMOUNT RESOURCES RESOURCES CARRYOVER AMOUNT RESOURCES RESOURCES CARRYOVER

General FWld Contribution to Whole School Refonn $ 2,920,251 100% $ 2,920,251 $ $ 2,933,727 100% $ 2,933,678 $ 49 '0 o General Fund Reserve for Encumbrances at June 30, 49 0% 49

Other State Resources DEPA

Total Other State Resources

Combined General Fund Contribution & S tate Resources 2,920,300 100% 2,920,300 2,933,727 100% 2,933,678 49

Totals $ 2,920,300 100% $ 2,920,300 $ $ 2,933,727 100% $ 2,933,678 $ 49 EXHIBIT D-2g PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCE FUND 15 SCHEDULE OF EXPENDITURES ALLOCATED BY RESOURCE TYPE - ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2012 AND 2011

SCHOOL: BUSANSKY JUNE 30, 2012 JUNE 30, 2011 TOTAL TOTAL EXPENDITURES EXPENDITURES ALLOCATED AS TOTAL ALLOCATED AS TOTAL RESOURCE % OF TOTAL A% OF TOTAL SURPLUS! RESOURCE % OF TOTAL A%OFTOTAL SURPLUS! RESOURCES AMOUNT RESOURCES RESOURCES CARRYOVER AMOUNT RESOURCES RESOURCES CARRYOVER

General Fund Contribution to Whole School Reform $ 3,949,541 100% $ 3,949,541 $ $ 3,602,672 100% $ 3,602,672 $ '-0 ~ General Fund Reserve for Encumbrances at June 30,

Other State Resources DEPA

Total Other State Resources

Combined General Fund Contribution & State Resources 3,949,541 100% 3,949,541 3,602,672 100% 3,602,672

Totals $ 3,949,541 100% $ 3,949,541 $ $ 3,602,672 100% $ 3,602,672 $ EXHIBIT D-2h PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCE FUND 15 SCHEDULE OF EXPENDITURES ALLOCATED BY RESOURCE TYPE - ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

SCHOOL: STACKHOUSE JUNE 30,2013 JUNE 30, 2012 TOTAL TOTAL EXPENDITURES EXPENDITURES ALLOCATED AS TOTAL ALLOCATED AS TOTAL RESOURCE % OF TOTAL A%OFTOTAL SURPLUSI RESOURCE % OF TOTAL A% OF TOTAL SURPLUSI RESOURCES AMOUNT RESOURCES RESOURCES CARRYOVER AMOUNT RESOURCES RESOURCES CARRYOVER

General FWld Contribution to Whole School Reform $ 2,740,978 100% $ 2,740,978 $ $ 2,674,423 100% $ 2,674,423 $ ts General Fund Reserve for Encumbrances at June 30,

Other State Resources DEPA

Total Other State Resources

Combined General Fund Contribution & State Resources 2,740,978 100% 2,740,978 2,674,423 100% 2,674,423

Totals $ 2,740,978 100% $ 2,740,978 $ $ 2,674,423 100% $ 2,674,423 $ EXHIBIT D-2i PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCE FUND 15 SCHEDULE OF EXPENDITURES ALLOCATED BY RESOURCE TYPE - ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

SCHOOL: HELEN FORT MIDDLE SCHOOL JUNE 30, 2013 JUNE 30, 2012 TOTAL TOTAL EXPENDITURES EXPENDITURES ALLOCATED AS TOTAL ALLOCATED AS TOTAL RESOURCE % OF TOTAL A%OFTOTAL SURPLUS! RESOURCE % OF TOTAL A% OF TOTAL SURPLUS! RESOURCES AMOUNT RESOURCES RESOURCES CARRYOVER AMOUNT RESOURCES RESOURCES CARRYOVER

~ General Fund Contribution to Whole School Refonn $ - $ - $ $ 9,421,776 100% $ 9,421,776 $

General Fund Reserve for Encumbrances at June 30,

Other State Resources DEPA

Total Other State Resources

Combined General Fund Contribution & State Resources 9,421,776 100% 9,421,776

Totals $ $ $ $ 9,421,776 100% $ 9,421,776 $ EXHIBIT D-2j PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCE FUND 15 SCHEDULE OF EXPENDITURES ALLOCATED BY RESOURCE TYPE - ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

SCHOOL: HIGH SCHOOL JUNE 30, 2013 JUNE 30, 2012 TOTAL TOTAL EY-PENDITURES EXPENDITURES ALLOCATED AS TOTAL ALLOCATED AS TOTAL RESOURCE % OF TOTAL A%OFTOTAL SURPLUS/ RESOURCE % OF TOTAL A%OFTOTAL SURPLUS/ RESOURCES AMOUNT RESOURCES RESOURCES CARRYOVER AMOUNT RESOURCES RESOURCES CARRYOVER

General Fund Contribution to Whole School Reform $ 15,700,092 99.99% $ 15,698,728 $ 1,364 $ 16,533,909 99.96% $ 16,531,929 $ 1,980 'D -"" General Fund Reserve for Encumbrances at June 30, 1,980 0.01% 1,980 6,166 0.04% 6,166

Other State Resources DEPA

Total Other State Resources

Combined General Fund Contribution & State Resources 15,702,072 100% 15,700,708 1,364 16,540,075 100% 16,538,095 1,980

Totals $ 15,702,072 100% $ 15,700,708 $ 1,364 $ 16,540,075 100% $ 16,538,095 $ 1,980 EXHIBIT D-2k PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCE FUND 15 SCHEDULE OF EXPENDITURES ALLOCATED BY RESOURCE TYPE - ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

SCHOOL: HAINES JUNE 30, 2013 JUNE 30,2012 TOTAL TOTAL EXPENDITURES EXPENDITURES ALLOCATED AS TOTAL ALLOCATED AS TOTAL RESOURCE % OF TOTAL A% OF TOTAL SURPLUSI RESOURCE % OF TOTAL A%OFTOTAL SURPLUSI RESOURCES AMOUNT RESOURCES RESOURCES CARRYOVER AMOUNT RESOURCES RESOURCES CARRYOVER

General Fund Contribution to Whole School Refann $ - $ - $ $ 1,471 17.68% $ 1,471 $ '-0 lh General Fund Reserve for EnClUllbrances at June 30, 6,851 82.32% 6,851

Other State Resources DEPA

Total Other State Resources

Combined General Fund Contribution & State Resources 8,322 100% 8,322

Totals 8,322 100% 8,322 EXHIBIT D-3 (Page 1 of7) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FThfAL TO ORlGThfAL BUDGET FINAL FINAL TO School: District Wide NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Current Expense: Instruction - Regular Programs: Salaries of Teachers: Preschool/Kindergarten 15-110-100-101 $ 1,517,984 $ (64,798) $ 1,453,186 $ 1,452,201 $ 985 $ 1,436,085 $ 19,322 $ 1,455,407 $ 1,453,196 $ 2,211 Other Salaries for Instruction 15-110-100-106 481,594 (23,786) 457,808 457,356 452 431,903 23,717 455,620 455,492 128 Purchased ProfessionallEducational Services 15-110-100-320 1,500 1,500 1,500 1,5VO 1,500 1,500 Other Purchased Services 15-110-100-500 100 100 100 100 100 100 General Supplies 15-110-100-610 71,955 (16,591) 55,364 33,532 21,832 65,495 (40,810) 24,685 19,858 4,827 Other Objects 15-110-100-800 9,870 (2,000) 7,870 3,980 3,890 7,940 (2,500) 5,440 5,200 240 Grades 1 - 5 15-120-100-101 9,217,908 (776,686) 8,441,222 8,439,754 1,468 8,988,451 (84,053) 8,904,398 8,899,275 5.123 Reading Specialist 15-120-100-179 543,374 42,609 585,983 585,581 402 590,449 7,135 597,584 596,476 1,108 Grades 6 - 8 15-130-100-101 5,088,812 7,927 5,096,739 5,072,306 24,433 4,826,116 314,706 5,140,822 5,133,400 7,422 Reading Specialist 15-130-100-179 185,695 735 186,430 186,430 56,379 56,379 56,378 I Grades 9 - 12 15-140-100-101 6,128,866 \0 (13,550) 6,115,316 6,096,436 18,880 6,827,266 (619,620) 6,207,646 6,207,645 0- Regular Programs - Undistributed Instruction: Other Salaries for Instruction 15-190-100-106 145,097 26,016 171,l13 164,572 6,541 175,351 (577) 174,774 171,499 3,275 Purchased ProfessionallEducational Services 15-190-100-320 52,946 2,940 55,886 46,335 9,551 62,396 (15,973) 46,423 39,878 6,545 Other Purchased Services 15-190-100-500 32,633 9,542 42,175 33,310 8,865 30,483 7,501 37,984 32,706 5,278 General Supplies 15-190-100-610 699,062 31,615 730,677 666,188 64,489 978,469 (69,226) 909,243 832,329 76,914 Textbooks 15-190-100-640 87,009 (3,975) 83,034 68,244 14,790 85,209 7,709 92,918 85,410 7,508 Other Objects 15-190-100-800 67,948 5,975 73,923 63,351 10,572 78,608 (5,464) 73,144 66,638 6,506

Total Regular Programs - Instruction 24,33'),353 (774,027) 23,558,326 73,369,576 188,750 24,585,821 (401,754) 74,184,067 24,056,880 127,187

Cognitive - Mild: Salaries of Teachers 15-201-100-101 80,804 (21,655) 59,149 59,148 69,987 5,129 75,116 75,116 Other Salaries for Instruction 15-201-100-106 45,249 907 46,156 46,156 42,024 3,084 45,108 45,108 General Supplies 15-201-100-610 7,490 (1.000) 6,490 4,516 1,974 7,490 7,490 5,077 2,413 Textbooks 15-201-100-640 1,500 1,500 1,500 1,500 1,500 1,500 Other Objects 15-201-100-800 750 750 750 750 750 750

Total Cognitive - Mild 135,793 (21,748) 114,045 109,87 0 4,225 121,751 8,213 129,964 125,301 4,663

Learning and/or Language Disabilities: Salaries of Teachers 15-204-100-101 399,935 28,107 428,042 427,493 549 465,611 (74,112) 391,499 390,246 1,253 Other Salaries for Instruction 15-204-100-106 140,418 (22,345) 118,073 115,913 2,160 132,381 10,206 142,587 142,405 182 Purchased ProfessionalfEducational Services 15-204-100-320 1,096 1,096 1,096 1,000 1,000 1,000 Other Purchased Services 15-204-100-500 700 (675) 25 25 700 700 700 General Supplies 15-204-100-610 25,150 (3.650) 21,500 17,147 4,353 26,900 7,090 33,990 29,816 4,174 Textbooks 15-204-100-640 8,000 500 8,500 2,311 6,189 7,000 7,000 7,000 Other Objects 15-204-100-800 __1_,400 1,~ 1,400 1,400 1,400 5IO 890 EXHIBIT D-3 (page 2 of7) PEl\'lBERTON TOWNSHIP BOARD OF EDUCA nON BLENDED RESOURCES FUND 15 SCHEDULE OF BLEl\'DED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS El\'DED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: District Wide NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total Learning and/or Language Disabilities 576,699 1,937 578,636 562,864 15,772 634,992 (56,816) 578,176 562,977 15,199

Behavioral Disabilities: Salaries of Teachers 15-209-100-101 81,904 500 82,404 82,404 82,101 (314) 81,787 81,679 108 Other Salaries for Instruction 15-209-100-106 45,356 (20,218) 25,138 25,138 42,848 2,058 44,906 44,389 517 General Supplies 15-209-100-61 ° 500 1,000 1,500 922 578 500 600 1,100 1,072 28 Textbooks 15-209-100-640 4,000 4,000 1,122 2,878 4,000 4,000 1,553 2,447 Other Objects 15-209-100-800 500 500 500 500 500 500

'-D Total Behavioral Disabilities 132,260 (l8,718) 113,542 109,586 3,956 129,949 2,344 132,293 128,693 3,600 --l

Multiple Disabilities: Salaries of Teachers 15-212-100-101 750,234 (9,651) 740,583 740,071 512 570,823 151,804 722,627 721,454 l,l73 Other Salaries for Instruction 15-212-100-106 536,760 15,155 551,915 545,895 6,020 486,057 44,744 530,801 519,958 10,843 Purchased ProfessionallEducational Services 15-212-100-320 1,500 1,500 1500 1,500 1,500 1,500 Other Purchased Services 15-212-100-500 1,200 4,325 5,525 3,825 1,700 1,620 1,620 1,620 General Supplies 15-212-100-610 45,925 (826) 45,099 30,913 14,186 37,595 4,539 42,134 35,270 6,864 Textbooks 15-212-100-640 5,450 (5,150) 300 300 9,150 (3,500) 5,650 4,352 1,298 Other Objects 15-212-100-800 2,100 2,\00 400 1,700 2,100 2,100 400 1,700

Total Multiple Disabilities 1,343,169 3,853 1,347,022 1,321,104 25,918 1,108,845 197,587 1,306,432 1,281,434 24,998

Resource Room: Salaries of Teachers 15-213-100-101 5,540,846 (147,326) 5,393,520 5,378,446 15,074 5,641,920 (l22,198) 5,519,722 5,514,011 5,711 Other Salaries for Instruction 15-213-100-106 943,666 (105,496) 838,170 836,277 1,893 933,028 (10,014) 923,014 896,042 26,972 Other Purchased Services 15-213-100-500 500 395 895 895 500 1,000 1,500 632 868 General Supplies 15-213-100-610 55,050 (3,033) 52,017 32,649 19,368 43,100 2,026 45,126 28,387 16,739 Textbooks 15-213-100--640 23,500 (7,500) 16,000 2,969 13,031 22,500 (5,000) 17,500 2,024 15,476 Other Objects 15-213-100-800 1,000 1,000 1,000 1,000 1,000 1,000

Total Resource Room 6,564,562 (262,960) 6,301,602 6,250,34L __51,261 _~42,Q±-8__ (134,186) 6,507,862 6,441,096 66,766 EXHIBIT D-3 (Page 3 of7) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: District Wide NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Preschool Disabilities - Fun Time: Salaries of Teachers 15-216-100-101 150,455 68,299 218,754 218,754 131,653 (131,005) 648 648 Other Salaries for Instruction 15-216-100-106 94,332 116,653 210,985 208,746 2,239 88,704 (69,565) [9,[39 4,435 14,704

Total Preschool Handicapped - Full Time 244,787 184,952 429,739 427,500 2,239 220,357 (200,570) 19,787 4,435 15,352

Total Special Education 8,997,270 (1[2,684) 8,884,586 8,781,215 [03,371 8,857,94? (183,428) 8,674,514 8,543,936 130,578

\0 Basic SkilislRemedial: 00 Salaries of Teachers 15-230-100-101 899,810 14,340 914,150 914,147 3 924,177 (45,238) 878,939 876,206 2,733 .Other Salaries for Instruction 15-230-100-!O6 147,044 822 147,866 147,194 672 138,8[3 7,507 146,320 143,296 3,024 Other Purchased Services 15-230-100-500 650 (550) 100 [00 675 675 675 General Supplies 15-230-100-610 1,300 1,300 1,240 60 1,300 (629) 671 670

Total Basic SkillslRemedial 1,048,804 14,612 1,063,416 1,062,581 835 1,064,965 (38,360) 1,026,605 1,020,172 6,433

Bilingual Education: Salaries of Teachers 15-240-100-10 1 229,911 5,527 235,438 232,636 2,802 231,770 2,850 234,620 227,705 6,915 Other Purchased Services 15~240~100-500 257 257 257 General Supplies 15-240-100~61O 1,933 1,933 405 1,528 1,933 1,933 777 1,156

Total Bilingual Education 232,101 5,527 237,628 233,041 4,587 233,703 2,850 236,553 228,482 8,071

School Sponsored Cocurricular Activities: Salaries 15-401-100-100 330,402 4,137 334,539 282,915 51,624 340,035 (4,080) 335,955 271,153 64,802 Purchased Services 15-401-100-500 45,000 (45,000) 46,000 (45,000) 1,000 200 800 Supplies and Materials 15-401-100-610 5,850 5,850 1,962 3,888 2,15Q 2,150 2,150

Total School Sponsored Cocurricular Activities 381,252 (40,863) 340,389 284,877 55,512 388,185 (49,080) 339,105 271,353 67,752 EXHIBIT D-3 (Page 4 of7) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! IDNE30,2013 (NEGATIVE) mNE30,2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL FINAL TO School: District Wide NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL Before/After School Programs: Salaries 15-421-100-100 198,339 6,688 205,027 111,812 93,215 192,610 36,016 228,626 157,079 71,547 Other Salaries ofInstruction 15-421-100-106 2,152 1,152 2,152

Total Before!After School Programs 200,491 6,688 207,179 111,812 95,367 191,610 36,016 228,626 157,079 71,547 61,735 Swnmer School- Instruction: Salaries 15.-422-100-101 50,240 244 50,484 42,168 8,316 50,240 50,240 41,919 8,321

Total Summer School - Instruction 50,240 244 50,484 42,168 8,316 50,240 50,140 41,919 8,321

Alternative Education Program - Instruction: 'D 'D Salaries 15-423-100-101 565,779 (26,395) 539,384 418,121 121,263 548,360 (45,498) 502,862 499,345 3,517 Other Salaries for Instruction 15-423-100-106 9,191 1 9,192 9,191 1 8,693 409 9,102 9,101 1 General Supplies 15-423-100-610 295 5,500 5,795 5,795 295 295 295

Total Alternative Education Program - Instruction 575,265 (20,894) 554,371 427,312 127,059 557,348 ~45,0892 512,259 508,446 3,813

Alternative Education Program - Support Services: Salaries 15-423-200-100 58,842 15,714 74,556 56,598 17,958 140,946 (73, 183 l 67,763 56,195 11,568

Total Alternative Education Program - Support Services 58,842 15,714 74,556 56,59~ l?,258 140,946 (73,183) 67,763 56,195 11,568

Total - Instruction 35,876,618 (905,683) 34,970,935 34,369,180 601,755 36,102,628 ~752,028l 35,319,732 34,884,462 435,270

Attendance & Social Work Services: Salaries 15-000-211-104 34,738 34,738 34,738 50,518 50,518 50,518 Supplies and Materials 15-000-211-600 5,500 (5,500) 5,500 (5,500)

Total Attendance & Social Work Services 5,500 29,238 34}38 34,738 5,500 45,018 50,518 50,518

Health Services: Salaries 15-000~213-1 00 783,047 (20,939) 762,108 754,132 7,976 794,690 (31,649) 763,041 746,489 16,552 Salaries of Secretarial & Clerical Assistants 15-000-213-105 16,504 12,515 29,019 29,018 1 15,087 (15,087) Other Salaries for Instruction 15-000-213-106 15,754 15,754 15,754 26,518 .<11,124) 15,394 15,394 Purchased Professional & Technical Services 15-000-213-300 2,170 2,170 2,170 2,520 (350) 2,170 2,170 Other Purchased Services 15-000-213-500 825 (350) 475 24 451 1,605 (606) 999 999 Supplies and Materials 15-000-213-600 30,831 635 31,466 29,14L _ 2,319 30,081 849 ___ lQ,930 26,911 4.019 EXHIBITD,3 (Page 5 of7) PEMBERTON TOWNSHIP BOARD OF EDUCA nON BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: District Wide NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total Health Services 849131 (8,139) 840,992 828,075 12917 870501 (57967) 812,534 788,794 23,740

Other Support Services - Students - Regular: Salaries of Other Professional Staff 15-000-218-104 1,558,458 39,054 1,597,512 1.597,333 179 1,687,438 (83,493) 1,603,945 1,599,723 4,222 Purchased Professional/Educational Services 15-000-218-320 2,950 (2,052) 898 898 2,450 (1,900) 550 550 Purchased Technical Services 15-000-218-390 3,500 3,500 3,500 3,500 3,500 3,500 Other Purchased Services 15-000-218-500 2,475 (350) 2,125 425 1,700 2,800 (350) 2,450 425 2,025 Supplies and Materials 15-000-218-600 24~55 (8,240) 16~ 13,233.___ 2,982____ ------.M,955 _ (3,575) _;2J,}§..CL_ 13,939 7,441

Total Other Support Services-Students-Reg;ular 1,591,838 28,412 1,620,250 1,610,991 9,259 1,721,143 (89JJ8) 1,631,825 1,614,087 17,738

Improvement of Instruction Services/Other SUpport Services - Instruction Staff: o~ Salaries of Supervisors of Instruction 15-000-221-102 1,000 1,000 1,000 1,000 1,000 1,000 o Salaries of Other Professional Staff 15-000-221-104 138,795 1,310 140,105 110,499 29,606 71,686 71,686 22,086 49,600 Salaries of Facilitators, Math & Literacy 15-000-221-176 59,991 (9,484) 50,507 50,506 1 Purchased Professional & Technical Services 15-000-221-300 16,800 (15,476) 1,324 1,251 73 Supplies and Materials 15-000-221-600 7,000 7,000 947 6,053 30,300 (24,709) 5,591 5,591

Total Improvement of Instruction Services/ Other Support Services Instructional Staff 163";;95 (4166) 149,42~_ 112,69'7__ 36,732 __ ----.l§],977 (34193) 128,784.._ 78,183 50,601

Educational Media Services/School Library; Salaries 15-000-222-100 74,256 74,256 74,256 226,526 (74,588) 151,938 151,937 1 Salaries of Other Professional Staff 15-000-222-104 528,675 1,799 530,474 528,452 2,022 413,667 20,380 434,047 429,963 4,OS4 Salaries of Secretarial & Clerical Assistants 15-000-222-105 14,829 (14,829) Other Salaries for Instruction 15-000-222-106 25,147 298 25,445 25,445 25,441 25,441 25,223 218 Salaries of Technology Coordinators 15-000-222-177 377,497 3,275 380,772 378,648 2,124 410,485 (37,775) 372,710 367,957 4,753 Purchased Professional & Technical Services 15-000-222-300 1,400 1,400 175 1,225 1,400 1,400 750 650 Other Purchased Services 15-000-222-500 7,275 (250) 7,025 4,765 2,260 7,725 (250) 7,475 6,151 1,324 Supplies and Materials 15-000-222-600 237,599 (23,803) 213,796 174,946 38,850 J22,027 . 15.L2.40) 140,387 131,832 8,555

Total Educational Media Services/School Library 1251849 (18681) 1,':>33,168 1,186,687 46,481 1266,659 (133,161) 1133398 lJ13 813 19,585

Instructional Staff Training Services: Purchased Professiona\lEducational Services 15-000-213-320 12,500 22500 11,500 (22,500)

Total Instructional Staff Training Services 22,500 22,500 11,500 (22,500)

Support Services School Administration: Salaries of Principals & Assistant Principals 15-000-240-103 1,880,757 5,495 1,886,252 1,877,985 8,267 1,971,325 (127,322) 1,844,003 1,837,611 6,392 Salaries of Secretarial & Clerical Assistants 15-000-240-105 1,087,566 (113,352) 974,214 967,263 6,951 1,068,957 (20,488) 1,048,469 1,043,091 5,378 EXHIBIT D-3 (Page 6 of7) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: District Wide NUMBERS BUDGET TRANSFERS BUDGET AC11JAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Support Services School Administration (continued): Other Salaries 15-000-240-110 112,125 (II,300) 100,825 100,825 147,265 (41,858) 105,407 105,407 Other Purchased Services 15-000-240-500 9,460 (725) 8,735 723 8,012 9,610 (1,000) 8,610 1,044 7,566 Supplies and Materials 15-000-240-600 20,089 (8,332) 11,757 7,039 4,718 18,600 (4,602) 13,998 9,325 4,673 Other Objects 15-000-240-800 6,800 (6,800) 10,250 (l0,250) -0 Total Support Services School Administration 3,116,797 (135,014) 2,981,783 _),953,8~l 27,948 3,226,007 (205,520) 3,020,487 2,996,478 24,009 Security: Salaries 15-000-266-100 824,668 (47,014) 777,654 771,739 5,915 783,337 (18,440) 764,897 763,269 1,628 General Supplies 15-000-266-610 2,000 (1,000) }-,OOO 1,000 3,~00 (1,600) 1,600 1,600

Total Security 826,668 (48,014) 778,654 771,739 6,915 786,537 (20,040) 766,497 763,269 3,228

Unallocated Benefits Employee Benefits: Health Benefits 15-000-291-270 12,420,690 1,070,233 13,490,923 13,490,922 12,284,716 1,492,583 13,777,299 13,741,038 36,261

Total Unallocated Benefits - Employee Benefits 12,420,690 1,070,233 13,490,923 13,490,922 12,284,716 1,492,583 13,777,?99 13,741,038 36.261

Total Undistributed Expenditures 20,248,568 903,869 21,J52,437 20,989,684 162,753 20,346,540 974,802 21,321,342 ?1,146,180 175,162

Total Expenditures - Current Expense 56,125,1§6 (1,814) 56,123,372 55,358,864 764,508 56,449,168 222,774 56,64 I ,074 56,030,642 610,432 EXHIBIT D-3 (Page 7 of7) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE! JUNE 30, 20ll (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: District Wide NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Capital Outlay: Equipment: Regular Programs - Instruction: Grades 1 - 5 15-120-100-730 3,390 3,390 3,390 Grades 6 - 8 15-130-100-730 4,902 4,902 4,901 Grades 9 - 12 15-140-100-730 11,100 11,200 10,021 1,179 5,100 9,541 14,741 14,741 o Multiple Disabilities 15-212-100-730 2,000 2,000 2,000 2,000 (2,000) tv Resource Room 15-213-100-730 2,000 2,000 2,000 1,000 (2,000)

Total Equipment 15,200 4,902 20,101 14,913 5,179 9,100 8,931 18,131 18,131

Total Capital Outlay 15,100 4,902 20,102 14,923 5,179 9,200 8,931 18,131 18,131

Total School Based Expenditures 56,140,386 3,088 56,143,474 55,373,787 769,687 56,458,368 231,705 56,659,205 56,048,773 610,432

Other Financing Sources/(Uses): Operating Transfer In - General Fund 15-5200-000-000 56,140,386 56,140,386 55,372,063 (768,323) 56,430,909 509,288 56,940,197 56,304,837 (635,360)

Total Other Financing Sources/(Uses) 56,140,386 56,140,386 55,372,063 (768,323) 56,430,909 509,288 56,940,197 56,304,837 (635,360)

Excess/(Deficiency) of Revenues Over/(Under) Expenditures (3,088) (3,088) (1,724) 1,364 (13,192) (13,192) (10,104) 3,088 Fund Balances, July 1 3,088 3,088 3,088 13,192 13,192 13,l92

Fund Balances, June 30 $ 3,088 $ (3,088) $ $ 1,364 $ ,~$- 13 192 $ (13,192) $ $ 3,088 $ 3,088 EXHIBIT D-3a (Page 1 of4) PEMBERTON TQWNSH[P BOARD OF EDUCA nON BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSITIVE/ JUNE 30,2013 (NEGATIVE) JUNE 30,2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School; Fort Newcomb Middle School NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Current Expense: Instruction - Regular Programs: Salaries of Teachers: Grades 1 - 5 15-120-100-10 1 $ $ $ $ $ $ 1,075,758 $ (1,075,758) $ $ $ Reading Specialist 15-120-100-179 56,444 (56,444) Grades 6 - 8 15-130-100-101 5,088,812 7,927 5,096,739 5,072,306 24,433 1,063,688 446,252 1,509,940 1,507,442 2,498 Reading Specialist 15-130-100-179 185,695 735 186,430 186,430 56,379 56,379 56,378 1 Regular Programs - Undistributed Instruction: Purchased Professional/Educational Services 15-190-100-320 8,500 8,500 8,500 4,000 4,000 2,500 1,500 15-190-100-500 8,188 1,386 1,386 0 Other Purchased Services 10,963 10,963 2,775 1,386 eN General Supplies \5-190-100-610 83,309 19,676 102,985 96,441 6,544 35,000 10,697 45,697 40,206 5,491 Textbooks 15-190-100-640 19,925 19,925 18,004 1,921 6,250 6,250 5,500 750 Other Objects 15-190-100-800 18,144 18,144 18,144 14,974 (8,000) 6,974 6,974

Total Regular Programs - Instruction 5,415,348 28,338 5,443,686 5,408,013 35,673 2,256,114 (625,488) 1,630,626 1,620,386 10,240

Learning and/or Language Disabilities: Salaries of Teachers 15-204-100-101 83,339 83,339 82,791 548 245,587 (162,199) 83,388 83,114 274 Other Salaries for Instruction 15-204-100-106 47,906 (25,228) 22,678 22,678 87,808 (48,103) 39,705 39,705 Purchased Professiona!lEducational Services 15-204-100-320 250 250 250 250 250 250 Other Purchased Services 15-204-100-500 675 (675) 675 675 675 General Supplies 15-204-100-610 5,650 (5,650) 7,650 (2,000) 5,650 4,961 689

Total Learning and/ol" Language Disabilities 137,820 (31,553) 106,267 105,469 798 341,970_ (212,302) 129,668 127,780 1,888

Multiple Disabilities: Salaries of Teachers 15-212-100-10 I 258,015 (59,102) 198,913 198,912 81,277 203 81,480 81,479 Other Salaries for Instruction 15-212-100-106 91,970 23,548 115,518 115,118 400 44,218 (14,131) 30,087 29,957 130 Other Purchased Services 15-212-100-500 750 4,325 5,075 3,425 1,650 250 250 250 General Supplies 15-212-100-610 7,325 5,150 12,475 8,512 3,963 675 675 149 526 Textbooks 15-212-100-640 5,150 (5,150) 7,650 (3,500) 4,150 4,052 98 EXHIBIT D-3a (Page 2 of 4) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Fort Newcomb Middle School NUMBERS BUDGET TRANSfERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total Multiple Disabilities 363,210 (31,229) 331,,981 325,967 6,014 134,070 (17,428) 116,642 115,637 1,2.005

Resource Room: Salaries of Teachers 15-213-100-101 1,616,036 (36,286) 1,579,750 1,575,614 4,136 865,857 (289,963) 575,894 575,894 Other Salaries for Instruction 15-213-100-106 323,891 (4,110) 319,78.1 319,781 21,681 1,022 22,703 22,703 Other Purchased Services 15-213-100-500 500 (500) General Supplies 15-213-100-610 14,600 5,000 19,600 16,875 2,725 4,000 4,000 3,909 91 Textbooks .~ _.- .~~ 7,500 (/,JUU)(7,""

Total Resource Room 1,962,527 (43,396L._ 1,919,131 \,912,27.L 6,86J. 887,~18 (284,941) 602,597 602,506 91

Total Special Education 2,463,557 (l06,17.~ 2,357,n2._ 2,343,706 ._13,673 J--,363,578 .J~671) 848,907 845,923 2,984

Basic Skills/Remedial:

Salaries of Teachers 15-230-100-101 171 2673 6,163 177,836 177,835 288,193 (169,918) 118,275 118,275 -o ..+::>. Total Basic SkillslRemedial 171,673 6,163 177,836 177,835 288,193 (169,918) 118,275 118,2.275

School Sponsored Cocurricular Activities: Salaries 15-401-100-100 141,674 141,674 123,632 18,042 17,654 17,654 7,055 10,599 Supplies and Materials 15,40HOO,600 4,450 4,450 1,967 2,488 750 750 750

Total School Sponsored Cocurricular Activities 146,124 146,124 12~_J2L _:?0.530 .M,404 18,404 7,055 11)49

Before/After School Programs; Salaries 15-421-100-100 65,460 65,460 371853 27,607 36,660 36,660 32,058 4,602

Total Befure/After School Programs 65,460 65,460 37,853 27,607 36,660 36,660 32,058 4,602

Summer School: Salaries 15-422-100-100 16,800 4,304 21,104 21,103

Total Summer School 16,800 4,304 21,104 21,103

Instructional Alternative Educaiton Program: Salaries 15-423-100-100 281,995 (26,388) 255,607 202,420 53,187

Total Summer School 281,995 (26,388) 255,607 202,420 53,187

Total- Instruction 8560,957 (93,761)_ 8,467,19~ 8,316,.?~ 15Q'&:u 3,962,.'B9 (1,31~077) 2,652,872 2,623,697 29)75

Attendance & Social Work Services: Salaries 15-000-211-104 34,738 34,738 34,738 50,518 50,518 50,518

Total Attendance & Social Work Services 34,738 34,738 34,738 50,518 50,518 50,518 EXHIBIT 0-3a (Page 3 of 4) PEMBERTON TOWNSHIP BOARD OF EDUCA nON BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FfNALTO School: Fort Newcomb Middle School NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Health Services: Salaries 15-000-213-100 131,764 (416) 131,348 131,347 70,612 (14,032) 56,580 54,994 1,586 Salaries of Secretarial & Clerical Assistants 15-000-213-105 \6,504 12,515 29,019 29,018 15,087 (15,087) Other Purchased Services 15-000-213-500 150 ISO 24 126 200 200 200 Supplies and Materials 15-000-213-600 6,210 (1,200) 5,010 4,972 38 1,750 217 1,967 [,868 99

Total Health Services 154,628 10,899 165,527 165,361 166 87,649 (28,902) 58,747 56,862 1,885

Other Support Services - Studenls - Regular: Salaries of Other Professional Staff 15-000-218-104 381,631 65,713 447,344 447,174 170 143,762 (57,107) 86,655 86,484 171 Purchased Professional/Educational Services 15-000-218-300 400 (2) 398 398 400 400 400

~ Other Purchased Services 15-000-218-500 1,100 1,1 00 1,100 0 Supplies and Materials 15-000-218-600 4,000 (2,000) 2,000 2,000 1,900 1,900 1,115 785 U>

Total Other Support Services-Students-Regular 387,131 63,711 450,842 449,174 1,668 146,062 (57, 1072 88,955 87,599 1,356

Other Support Services - Students - Regular: Salaries of Other Professional Staff 15-000-221-104 99,445 1,310 100,755 85,899 14,856 Purchased ProfessionallEducational Services 15-000-221-300 16,800 (15,476) 1,324 1,251 73

Total Other Support Services-Students-Regular 116,245 (14,166) 102,079 87,150 14,929

Educational Media Services/School Library: Salaries of Other Professional Staff 15-000-222-104 138,225 (286) 137,939 137,938 75,755 (25,579) 50,176 48,430 1,746 Salaries of Secretarial & Clerical Assistants 15-000-222-105 14,829 (14,829) Salaries of Technology Coordinators 15-000-222-177 102,190 1,184 103,374 103,318 56 57,104 (27,930) 29,174 29,173 Othcr Purchased Services 15-000-222-500 225 225 225 Supplies and Materials 15-000-222-600 39,825 (4,902) 34,923 34,626 297 6,300 6,300 4,711 1,589

Total Educational Media Services/School Library 280,240 (4,004) 276,236 275,882 354 154,213 (68,3382 85,875 82,314 3,561

Support Services School Administration: Salaries of Principals & Assistant Principals 15-000-240-103 501,797 1,073 502,870 501, 170 1,700 245,845 (125,260) 120,585 120,585 Salaries of Secretarial & Clerical Assistants 15-000-240-105 311,646 (21,361) 290,285 289,822 463 125,471 (29,627) 95,844 95,492 352 Othe-r Purchased Services 15-000-240-500 3,610 3,610 3,610 950 950 950 Supplies and Materials 15-000-240-600 5,000 5,000 4,965 35 2,800 (2,800)

Total Support Services School Administration 822,053 (20,288) 801,765 795,957 50 808 ___375,066 (157,687) 217,379 216,077 1,302 EXHIBIT D-3a (Page 4 of 4) PEMBERTON TOWNSHIP BOARD OF EDUCA nON BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSITIVEI JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIOINAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL FINAL TO School: Fort Newcomb Middle School NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Security: Salaries 15-000-266-100 304,277 (39,724) 264,553 261,946 2,607 36,112 1,469 37,581 37,581 General Supplies 15-000-266-610 1,000 (1,0001

Total Security 305,277 (40,724) 264,553 261,946 7,607 36,112 1,469 37,581 37,581

Unallocated Benefits Employee Benefits: Health Benefits 15-000-291-270 3,lP,179 3,112,179 3,112,179 1,397,625 687,372 2,084,997 2,084,760 237

Total Unallocated Benefits - Employee Benefits 3,Il2,179 3,112,179 3,1l2,179 1,397,625 687,372 2,084,997 2,084,760 237

Total Undistributed Expenditures J,I77,753 30,1?6 5,207,919 5,182,387 25,532 2, 196,727 427,325 2,624,052 2,6\5,711 8,341 0 0\ Total Expenditures _ Current Expense 13,738,710 (63,595) 13,675,115 13,498,911 176,204 6,159,676 (882,752) 5,276,924 5,239,408 37,516

Capital Outlay: Equipment Regular Programs - Instruction: Grades 6 - 8 15-130-100-730 4,902 4,902 4,902

Total Equipment 4,902 4,902 4,902

Total Capital Outlay 4,902 4,902 4,902

Total Schoo! Based Expenditures 13,738,710 (58,693) 13,680,017 13,503,813 176,204 6,159,676 (882,752) 5,276,924 5,239,408 37,516

Other Financing Sources/(Uses): Operating Transfer In - General Fund 15~5200-000-000 13,738,710 (58,693) 13,680,017 13,503,813 (176,204) 6,15_9,676 (882,752) 5,276,924 5,239,408 (37,516)

Total Other Financing Sources/(Uses) 13,738,710 (58,693) 13,680,017 13,503,813 (176,204) 6,159,676 (882,752) 5,276,924 5,239,408 (37,516)

Excess/(Deficiency) of Revenues Over/CUnder) Expenditures Fund Balances, July 1

Fund Balances, June 30 $ - $ $ - $ - $ $ - $ - $ - $ - $ EXHIBIT D-3b (Page I of 4) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORlGlNAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL FINAL TO School: Emmons NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Cunellt Expense: Instruction - Regular Programs: Salaries of Teachers: PrcschoollKindergmtcn 15-110-100-101 $ 216,949 $ (4,254) $ 212,695 $ 212,694 $ $ 202,373 $ 6,029 $ 208,402 $ 208,402 $ Other Salaries for Instruction 15-110-100-106 68,634 (2,784) 65,850 65,849 64,169 3,574 67,743 67,620 123 General Supplies 15-110-100-610 13,700 (4,356) 9,344 3,464 5,880 12,200 (8,043) 4,157 4,156 Other Objects 15-110-100-800 1,300 1,300 800 500 800 800 800 Grades 1 - 5 15-120-100-101 1,301,676 (112,425) 1,189,251 1,189,249 2 949,909 257,255 1,207,164 1,206,867 297

~ Reading Specialist 15-120-100-179 89,414 401 89,815 89,814 89,620 89,620 89,218 402 0 Regular Programs - Undistributed Instruction: ---l Purchased ProfessionalfEducational Services 15-190-100-320 1,500 1,500 1,000 500 1,500 1,500 1,500 Other Purchased Services 15-190-100-500 84 84 84 1,000 1,000 125 875 General Supplies 15-190-100-610 63,207 (1,684) 61,523 60,585 938 83,710 (14,670) 69,040 51,927 17,113 Textbooks 15-190-100-640 3,000 3,000 1,002 1,998 Other Objects 15-190-100-800 4,550 4,550 3,000 1,550 5,090 5,090 3.350 1,740

Total Regular Programs - Instruction 1,763,930 (125,0IS) 1,638,912 1,627,541 11,371 1,410,371 244,145 1,654,516 1,633,965 20,551

Multiple Disabilities: Salaries of Teachers 15-212-100-101 117,132 1,000 118,132 IIS,132 107,165 7,247 114,412 114,412 Other Salaries for Instruction 15-212-100-106 117,182 12,984 130,166 129,117 1,049 155,386 (23,675) 131,711 120,997 10,714 General Supplies 15-212-100-610 6,000 6,000 2,549 3,451 6,000 6,000 3,827 2,173 Other Objects 15-212-100-800 800 800 400 400 800 800 400 400

Total Multiple Disabilities 241,114 13,984 255,098 250,198 4,900 269,351 (16,428) 252,923 239,636 13,287

Resource Room: Salaries of Teachers 15-213-100-101 280,389 79,398 359,787 359,787 346,666 (67,033) 279,633 276,505 3,128 Other Salaries for Instruction 15-213-100-106 46,079 3,453 49,532 49,532 87,437 (36,086) 51,351 50,672 679

Total Resource Room 326,468 82,851 409,319 409,319 434,103 (103,119) 330,984 327,177 3,807 EXHIBIT D-3b (Page 2 of 4) 'PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSITIVE! JUNE 30, 20 I 3 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Emmons NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Preschool Disabilities - Full Time: Salaries of Teachers 15-216-100-101 150,455 68,299 218,754 218,754 131,653 (l3I,005) 648 648 Other Salaries for Instruction 15-216-100-106 94,332 116,653 210,985 208,746 2,239 88,704 (69,565) 19,139 4,435 14,704

Tota! Preschool Handicapped - Full Time 244,787 184,952 429,739 427,500 2,239 220,357 (200,570) 19,787 4,435 15,352

Total Special Education 812,369 281,787 1,094,156 1,087,017 7,139 923,811 (320,117) 603,694 571,248 32,446

Basic Skills/Remedial:

~ Salaries of Teachers 15-230-I 00-1 0 1 86,709 1,780 88,489 88,489 86,942 86,942 86,484 458 0 00 Otber Salaries for Instruction 15-230-100-106 13,912 13,913 13,912 13,307 283 13,590 13,589

Total Basic SkillslRemedial 100,621 1,781 102,402 102,401 100,249 283 100,532 100,073 459

School Sponsored COcUlTicuiar Activities: Salaries 15-401-100-100 6,985 6,985 6,745 240 7,762 7,762 6,963 799

Total School Sponsored Cocurricular Activities 6,985 6,985 6,745 240 7,762 7,762 6,963 799

Before/After School Programs: Salaries 15-421-100-100 3,026 3,026 3,026 12,000 12,000 3,677 8,323

Total Before/After School Programs 3,026 3,026 3,026 12,000 12,000 3,677 8,323

Total- Instruction 2,683,905 161,576 2,845,481 2,826,730 18,751 2,442,193 (63,689) 2,378,504 2,315,926 62,578

Health Services: Salaries 15-000-213-100 65,316 77 65,393 65,317 76 59,714 2,269 61,983 61,983 Supplies and Materials 15-000-213-600 1,500 2,556 4,056 4,056 1,800 1,800 1,672 128

Total Health Services 66,816 2,633 69,449 69,373 76 61,514 2,269 63,783 63,655 128 EXHIBIT D-3b (Page 3 of 4) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! JUNE 30, 2013 (NEGAnVE) JUNE 30, 2012 (NEGAnVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Emmons NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Other SuppOtt Services - Students - Regular: Salaries of Other Professional Staff 15-000-218-104 63,159 600 63,759 63,759 59,703 59,703 58,950 753 Supplies and Materials 15-000-218-600 600 600 213 387 600 600 600

Total Other SuppOtt Services-Students-Regular 63,759 600 64,359 63,972 387 600 59,703 60,303 58,950 1,353

Educational Media Services/School Library: Salaries 15-000-222-104 70,727 401 71,128 7Ll27 53,216 17,331 70,547 69,392 1,155 Salaries of Technology Coordinators 15-000-222-177 31,595 800 32,395 32,395 49,085 (16,694) 32,391 31,196 1,195

~ Supplies and Materials 15-000-222-600 19,800 19,800 5,680 14,120 23,900 (22,613) 1,287 1,287 0 'D Total Educational Media Services/School Libr31Y 122,122 1,201 123,323 109,202 14,121 126,201 (21,976) 104,225 101,875 2,350

Support Services School Administration: Salaries of Principals & Assistant Principals 15-000-240-103 145,089 273 145,362 145,362 141,602 632 142,234 142,233 I Salaries of Secretarial & Clerical Assistants 15-000-240-105 65,265 (6,293) 58,972 58,497 475 74,063 (9,893) 64,170 63,521 649 Supplies and Materials 15-000-240-600 1,000 1,000 100 900

Total Support Services School Administration 210,354 (6,020) 204,334 203,859 475 216,665 (9,261) 207,404 205,854 1,550

Security: Salaries 15-000-266-100 37,799 37,799 37,799 36,112 1,467 37,579 37,579

Total Security 37,799 37,799 37,799 36,112 1,467 37,579 37,579

Unallocated Benefits Employee Benefits: Health Benefits 15-000-291-270 844,935 844,935 844,935 817,364 817,364 817,364

Total Unallocated Benefits - Employee Benefits 844,935 844,935 844,935 817,364 817,364 817,364

Total Undistributed Expenditures 1,345,785 (1,586) 1,344,199 1,329,140 15,059 1,258,456 32,202 1,290,658 1,285,277 5,381

Total Expenditures - CWTent Expense 4,029,690 159,990 4,189,680 4,155,870 33,810 3,700,649 (31,487) 3,669,162 3,601,203 67,959 EXHIBIT D-3b (Page 4 of 4) PEMBERTON TOWNSHIP BOARD OF EDUCAnON BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORlGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Emmons NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total School Based Expenditures 4,029,690 159,990 4,189,680 4,155,870 33,810 3,700,649 (31,487) 3,669,162 3,601,203 67,959

Other Financing Sources/(Uses): Operating Transfer In - General Fund 15-5200-000-000 4,029,690 159,990 4,189,680 4,155,870 (33,810) 3,700,649 (31,487) 3,669,162 3,601,203 (67,959)

-;; Total Other Financing Sources/(Uses) 4,029,690 159,990 4,189,680 4,155,870 (33,810) 3,700,649 (31,487) 3,669,162 3,601,203 (67,959)

Excess!(Dcticiency) of Revenues Over/(Undel') Expenditures Fund Balances, July 1

Fund Balances, June 30 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ EXHIBIT D-3c (Page I of3) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSITIVEI JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FfNAL TO ORIGINAL BUDGET FINAL FINAL TO School: Harker-Wylie NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Current Expense: Instruction - Regular Programs: Salaries of Teachers: Preschool/Kindergarten 15-110-100-101 $ 222,329 $ (25,876) $ 196,453 $ 196,453 $ $ 257,104 $ (39,523) $ 217,581 $ 216.562 $ 1,019 Other Salaries for InstlUction 15-110-100-106 69,834 6,765 76,599 76,599 66,126 3,034 69,160 69,159 General Supplies 15-110-100-610 14,900 (8,885) 6,015 2,751 3,264 13,600 (8,000) 5,600 2,750 2,850 Other Objects 15-110-100-800 1,380 1,380 1,380 1,000 1,000 1,000 Grades 1 - 5 15-120-100-101 1,446,420 (129,867) 1,316,553 1,316,553 1,757,793 (313,581) 1,444,212 1,442,711 \,501 Reading Specialist 15-120-100-177 56,959 10 56,969 56,969 57,115 57,115 56,822 293 Regular Programs - Undistributed Instruction: Other Salaries for Instruction 15-190-100-106 24,248 (7,256) 16,992 16,991 1 22,078 2,962 25,040 24,113 927 Purchased Professional/Educational Services 15-190-100-320 1,050 4,375 5,425 4,700 725 11,000 11,000 10,100 900 Other Purchased Services 15-190-100-500 200 700 900 884 16 600 600 209 391

~ General Supplies 15-190-100-610 34,100 26,320 60,420 56,380 4,040 50,368 8,000 58,368 56,768 1,600 ~ Textbooks 15-190-100-640 300 lOO 300 500 500 500 Other Objects 15-190-100-800 1,380 2,475 3,855 3,855 6,000 6,000 4,000 2,000

Total Regular Programs - Instruction 1,873,100 (13l,239) 1,741,861 1,733,515 8,346 2,243,284 (347,108) 1,896,176 1,884,694 11,482

Lcaming and/or Language Disabilities: General Supplies 15-204-100-610 4,098 4,098 4,086 12

Total Learning and/or Language Disabilities 4,098 4,098 4,086 12

MUltiple Disabilities: Salaries of Teachers 15-212-100-101 214,608 (3,801) 210,807 210,610 197 118,073 82,949 201,022 200,851 171 Other Salaries for Instruction 15-212-100-\06 187,831 (40,206) 147,625 143,054 4,571 134,085 28,863 162,948 162,948 Other Purchased Services 15-212-100-500 400 400 400 720 720 720 General Supplies 15-212-100-610 19,300 (6,000) 13,300 10,425 2,875 14,570 3,982 18,552 18,546 6 Textbooks 15-212-100-640 300 300 300

Total Multiple Disabilities 422,439 (50,007) 372,432 364,489 7,943 267,448 115,794 383,242 382,345 897

Resource Room: Salaries of Teachers 15-213-100-101 499,839 3,201 503,040 503,039 483,341 7,910 491,251 490,061 1,190 Other Salaries for Instruction 15-213-100-106 93,315 (5,363) 87,952 86,461 1,491 66,723 18,786 85,509 84,903 606 General Supplies 15-213-100-610 6,700 (6,000) 700 681 19 2,000 2.000 1,999

Total Resource Room 599,854 (8,162) 591,692 590,18\ 1,511 552,064 26,696 578,760 576,963 1,797

Total Special Education 1,022,293 (58,169) 964,124 954,670 9,454 819,512 146,588 966,100 963,394 2,706 EXHIBIT 0-3, (Page 2 of3) PEMBERTON TOWNSHIP BOARD OF EDUCA nON BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITrvE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Harker-Wylie NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Basic Skills/Remedial; Salaries of Teachers 15-230-100-101 129,784 21,103 150,887 150,887 119,893 5,227 125,120 125,1l9 Other Salaries for Instruction 15-230-100-106 53,868 151 54,019 54,018 51,532 1,744 53,276 53,052 224

Total Basic Sldlls/Remedial 183,652 21,254 204,906 204,905 171,425 6,971 178,396 178,171 225

School Sponsored Cocurricular Activities: Salaries 15-401 -100-100 14,700 (3,575) 11,125 8,166 2,959 14,700 (5,860) 8,840 7,230 1,610

Total School Sponsored Cocurricular Activities 14,700 (3,575) 1l,125 8,166 2,959 14,700 (5,860) 8,840 7,230 1,610

Before/After School Programs: Salaries 15-421-100-100 12,740 12,740 4,090 8,650 _ 1§,800 16,800 10,613 6,187

-N Total Before/After School Programs 12,I40 12,740 4,090 8,650 , 16,800 16,800 10,613 6,187

Total - Instruction 3,106,485 (171,729) 2,934,756 2,905,346 29,410 3,265,721 (199,409) 3,066,312 3,044,102 22,210

Health Services: Salaries 15-000-213-100 88,704 (1,780) 86,924 86,243 681 88,759 (426) 88,333 85,617 2,716 Other Purchased Services 15-000-213-500 930 (606) 324 324 Supplies and Materials 15-000-213-600 4,000 (450) 3,550 3,528 22 3,500 632 4,132 4,131 I

Total Health Services 92,704 (2,230) 90,474 89,771 703 93,189 (400) 92,789 89,748 3,041

Other Suppmt Services - Students - Regular: Salaries of Other Professional Staff 15-000-218-I 04 87,444 600 88,044 88,044 87,663 87,663 87,219 444 Purchased Technical Services 15-000-2 I 8-320 100 (100) Other Purchased Services 15-000-218-500 100 100 100 Supplies and Materials I 5-000~218-600 1,000 (395) 60S 579 26 1,750 (26) 1,724 1,278 446

Total Other Support Services-Students-Regular 88,544 lOS 88,649 88,623 26 ,1>9,513 , _(26) 89,487 88,497 990

Educational Media Services/School Library: Salaries of Other Professional Staff 15~000-222- I 04 52,181 5,288 57,469 57,469 170 48,S 14 48,684 48,514 170 Salaries of Technology Coordinators 15-000-222~1 77 35,418 156 35,574 35,573 61,672 (24,857) 36,815 35,806 1,009 Supplies and Materials 15~000-222-600 43,580 (5,700) 37,880 33,605 4,275 18,162 18,162 18,100 62

Total Educational Media Services/School Library 131,179 (256) 130,923 126,647 4,276,, __80,004 23,657 103,661 102,420 1,241 EXHIBIT D-3c (Page 3 aD) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Harker-Wylie NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Support Services School Administration: Salaries of Principals & Assistant Principals 15-000-240-103 122,236 244 122,480 122,480 119,298 512 119,810 119,810 Salaries of Secretarial & Clerical Assistants 15-000-240-105 71,349 (23,185) 48,164 48,162 2 88,179 (8,667) 79,512 78,863 649 Other Purchased Services 15-000-240-500 500 500 25 475 500 500 40 460 Supplies and Materials 15-000-240-600 800 800 800

Total Support Services School Administration 194,085 (22,9~1) 17J,144 1}0,667 477 208,777 (8,155) 200,622 198,713 1,909

Security: Salaries 15-000-266-100 37,599 1,114 38:713 38,713 66,033 (27,078) 38,955 38,954

Total Security 37,599 1,114 38,713 38,713 66,033 (27,078) 38,955 )8,954

Unallocated Benefits Employee Benefits: Health Benefits 15-000-291-270 1,072,608 1,072,608 I,Q72,608 1,102,775 1,102,775 1,102,775 ~ w Total Unallocated Benefits - Employee Benefits LOn,608 1,OB.,608 1..,.2.72,608 1,102,775 1,102,775 1,102,775

Total U odistributed Expenditures 1,616,719 (24,208) 1,~21511 _,l287,02_9_ .5,482 1,640,291 (12,002) 1,628,289 1,62J.J07 7,182

Total Expenditures - Current Expense 4,723,204 (195,937) 4,527,267 4,492,375 34,892 4,906,012 (211,411) 4,694,601 4,665,209 29,392

Capital Outlay: Equipment: Regular Programs - instruction: Multiple Disabilities 15-212-100-730 2,000 2,000 2,000 2,000 (2,000) Resource Room 15-213-100-730 2,000 2,000 2,000 2,000 (2,000)

Total Equipment 4,000 _----.1,000 4,000 4,000 (4,000)

Total Capital Outlay 4,000 __4,000 4,000 4,000 (4,000)

Total School Based Expenditures 4,727,204 (195,937) 4,53L267 <1:,.192,375 38,892 4,91Q,012 (215,4IJL 4,694,601 4,665,209 29,392

Other Financing Sources/(Uses): Operating Transfer In - General Fund 15-5200-000-000 4,727,204 ( 196,972) 4,530,232 4,491,340 (38,892) 4,910,012 (215,411) 4,694,601 4,666,244 (28,357)

Total Other Financing Sourccs/(Uses) 4,727,204 (196,972) 4,5lQ,232 4.~91,340 (38,892) 4,910,012 (215,411) 4,694,601 4,666,244 (28,357)

Excess/(Deficiency) of Revenues Over/(Under) Expenditures ([,035) (1,035) (1,035) 1,035 1,035 Fund Balances, July 1 1,035 ~,035 1,035

Fund Balances, June 30 $ 1,035 J; (1,035) $ $ ,J;., $ - $ - $ - $ 1.035 $ 1,035 EXHIBIT 0-3d (Page I 00) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! mNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Fort Dix NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Current Expense: Instruction - Regular Programs: Salaries of Teachers: Preschool/Kindergarten 15-110-100-101 $ 220,480 $ 45,381 $ 265,861 $ 265,860 $ $ 271,,734 $ (3,741) $ 267,993 $ 267,992 $ Other Salaries for Instruction 15-110-100-106 67,662 17,717 85,379 85,314 65 108,253 (41,472) 66,781 66,780 General Supplies 15-110-100-610 7,625 7,625 3,263 4,362 7,625 (6,630) 995 994 Other Objects 15-110-100-800 3,150 3,150 3,150 2,500 (2,500) Grades 1 - 5 15--120-100-101 1,256,832 (80,574) 1,176,258 1,176,258 918,963 249,222 1,168,185 1,167,065 1,120 Reading SpeCialist 15-120-100-179 85,109 701 85,810 85,809 85,294 85,294 84,884 410 Regular Programs - Undistributed Instruction: Other Salaries for Instruction 15-\90-100-106 3,999 58,842 62,841 61,791 1,050 60,786 3,214 64,000 63,999 Purchased Professional/Educational Services 15-190-100-320 6,350 6,350 4,684 I,666 6,350 6,350 4,684 1,666 General Supplies 15-190-100-610 39,580 4,000 43,580 43,282 298 54,832 54,832 40,867 13,965 ~ Textbooks 15-190-100-640 8,000 (4,000) 4,000 1,462 2,538 8,000 8,000 5,849 2,15! ~ -"" Other Objects 15-190-] 00-800 7,490 7,490 5,500 1,990 8,040 8,040 5,500 2,540

Total Regular Programs - Instruction 1,706,277 42,067 1,748,344 1,733,223 I5,I21 1,532,377 I98,093 1,730,470 1,708,614 21,856

Learning and/or Language Disabilities: Textbooks 15-204-100-640 1,000 1,000 1,000 1,000 1,000 1,000

Total Learning andlor Language Disabilities 1,000 I,OOO 1,000 1,000 1,000 I,OOO

Resource Room: Salaries of Teachers 15-213-100-10 I 84,774 401 85,175 85,174 84,985 84,985 84,549 436 Other Salaries for Instruction 15-213-100-106 22,978 ~I 9,695) 3,283 3,283 21,424 1,330 22,754 22,753

Total Resource Room 107,752 (19,294) 88,458 88,457 106,409 1,330 107,739 107,302 437

Total Special Education 108,752 (19,294) 89,458 88,457 1,001 107,409 1,330 108,739 107,302 1,437

Basic Skills/Remedial: Salaries of Teachers 15-230-100-101 81,904 900 82,804 82,804 81,680 81,680 81,679 Other Salaries for Instruction 15-230-100-106 38,532 38,533 38,532 36,112 2,195 38,307 35,510 2,797

Total Basic Skills/Remedial 120,436 901 121,337 121,336 36,112 83,875 119,987 117,189 2,798

School Sponsored Cocurricular Activities: Salaries 15-401-100-100 4,408 2,712 7,120 3,560 3,560 5,808 5,808 3,560 2,248

Total School Sponsored Cocurricular Activities 4,408 2,712 7,120 3,560 3,560 5,808 5,808 3,560 2,248 EXHIBIT D-3d (Page 2 of3) PEMBERTON TOWNSHIP BOARD OF EDUCAnON BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Fort Dix NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Before/After School Programs: Salaries 15-421-100-100 6,162 6,162 4,098 2,064 6,162 6,162 5,439 723

Total Before/After School Programs 6,162 6,162 4,098 2,064 6,162 6,162 5,439 723

Total- Instruction 1,946,035 26,386 1,972,421 1,950,674 21,747 1,687,868 283,298 1,971,166 1,942,104 29,062

Health Services: Salaries 15-000-213-100 86,109 556 86,665 86,663 2 75,014 5,408 80,422 80,404 18 Supplies and Materials 15-000-213-600 3,149 (ISS) 2,994 2,994 3,149 3,149 1,366 1,783

~ Total Health Services 89,258 401 89,659 89,657 2 78,163 5,408 83,571 81,770 1,801

V> Other Support Services - Students - Regular: Salaries of Other Professional 'Staff 15-000-218-104 94,698 900 95,598 95,598 94,957 94,957 94,473 484 Supplies and Materials 15-000-218-600 546 546 146 400 546 546 486 60

Total Other Support Services-Students-Regular 95,244 900 96,144 95,744 400 95,503 95,503 94,959 544

Educational Media Services/School Library: Salaries of Other Professional Staff 15-000-222-104 50,865 684 51,549 51,484 65 84,985 (34,255) 50,730 50,729 Salaries of Technology Coordinators 15-000-222-177 63,190 99 63,289 63,289 61,671 349 62,020 62,012 8 Supplies and Materials 15-000-222-600 21,812 21,812 11,459 10,353 8,643 8,643 7,852 79l

Total Educational Media Services/School Library 135,867 783 136,650 126,23~ lO,41?_ 155,299 (33,906) 121,393 120,593 800

Suppmi Services School Administration: Salaries of Principals & Assistant Principals 15-000~240-103 113,338 825 114,163 113,991 172 110,614 469 111,083 111,083 Salaries of Secretarial & Clerical Assistants 15-000-240-105 61,176 2 61,178 61,176 2 59,396 613 60,009 60,008

Total Support Services School Administration 174,514 827 175,341 175,167 174 nO,OlO 1,082 171,092 171,091

Unallocated Benefits Employee Benefits: Health Benefits 15-000-291-270 717,284 717,284 717,?84 608,840 608,840 608,840

Total Unallocated Benefits - Employee Benefits 717,284 717,284 717,284 608,840 608,840 608,840 EXHIBIT D-3d (Page 3 of 3) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! JUNE 10, 2011 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL FINAL TO School: Fort Dix NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total Undistributed Expenditures 1,212,167 2,911 1,215,078 1,204,084 10,994 1,107,815 (27,416) 1,080,399 1,077,253 3,146

Total Expenditurcs - Current Expensc 3,158,207 29,297 3,187,499 3,154,758 32,741 2,795,683 255,882 3,051,565 3,019,357 32,208

Total School Based Expenditures 3,158,202 29,297 3,187,499 3,154,758 32,741 2,795,683 255,882 3,051,565 3,019,357 32,208

f-' Other Financing Sources/(Uses): f-' Operating Transfer In - General Fund 15-5200-000-000 3,158,202 29,297 3,187,499 3,154,758 (32,741) 2,795,683 255_,_882 3,051,565 3,019,357 (32,208) 0-,

Total Other Financing Sources/(Uses) 3,158,202 29,297 3,187,499 3,154,758 (32,741) 2,795,683 255,882 3,051,565 3,OJ9,357 (32,208)

Excess/(Deficiency) of Revenues Over/(Under) Expenditures Fund Balances, July I

Fund Balances, June 30 $ $ - $ $ $ $ $ $ $ $ EXHIBIT D-3e (Page 1 of5) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITlVEi POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL FINAL TO School: Crichton NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Current Expense: Instruction - Regular Programs: Salaries of Teachers: PreschoollKindergarten 15-11 0-1 00-1 01 $ 310,253 $ (11,561) $ 298,692 $ 298,692 $ $ 328,843 $ (84,005) $ 244,838 $ 244,837 $ Other Salaries for Instruction 15-110-100-106 69,634 69,634 69,634 65,096 3,864 68,960 68,959 Purchased Professional/Educational Services 15-110-100-320 1,500 1,500 1,500 1,500 1,500 1,500 Other Purchased Services lS-11 0-100-500 100 100 100 100 100 100 General Supplies 15-110-100-610 16,000 (100) 15,300 14,204 1,096 17,000 (16,630) 310 351 19 Other Objects 15-110-100-800 2,000 (2,000) 2,000 2,000 2,000 Grades 1 - 5 15-120-100-101 1,669,837 (194,250) 1,475,587 1,475,586 1,419,512 208,740 1,628,252 1,626,408 1,844 Reading Sepcialist 15-120-100-179 57,399 401 57,800 57,799 49,487 49,487 49,486 1 Regular Programs - Undistributed Instruction: Other Salaries for Instruction 15-190-100-106 44,784 550 45,334 45,334 21,733 22,733 44,466 44,466 Purchased Professional/Educational Services 15-190-100-320 5,000 5,000 5,000 5,000 5,000 5,000 Other Purchased Services 15-190-100-500 400 400 84 316 250 130 380 365 15 General Supplies 15-190-100-61 ° 29,981 7,124 37,105 37,104 1 72,470 72,470 63,389 9,081 ~ Other Objects 15-190-100-800 6,000 2,000 8,000 7,552 448 7,500 7,500 7,500 --J Total Regular Programs - Instruction 2,212,888 {198,436) 2,014,452 2,010,989 3,463 1,941,004 184,319 2,125,323 2,114,261 11,062

Learning andlor Language Disabilities: Salaries of Teachers 15-204-100-101 82,404 400 82,804 82,804 82,102 1,054 83,156 82,179 911 Other Salaries for Instruction 15-204-100-106 23,678 23,678 23,678 22,454 1,000 23,454 23,453 Purchased ProfessionallEducational Services 15-204-100-320 750 150 750 750 150 150 Other Purchased Services 15-204-100-500 25 25 25 25 25 25 General Supplies 15-204-100-610 3,500 3,500 2,745 155 3,750 18 3,768 3,299 469 Other Objects 15-204-100-800 400 400 400 400 400 400

Total Learning and/or Language Disabilities 110,757 400 111,157 109,227 1,930 109,481 2,072 111,553 108,931 2,622

Multiple Disabilities: Salaries of Teachers 15-212-100-101 160,165 52,252 212,417 212,417 152,212 3,818 156,030 155,030 1,000 Other Salaries for Instruction 15-212-100-106 139,777 18,829 158,606 158,606 130,944 7,484 138,428 138,429 (1) EXHffiITD-3e (Page 2 of5) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OJ<' BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE! ruNE 30, 2013 (NEGATIVE) ruNE 30, 2012 (NEGAnVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Crichton NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

MUltiple Disabilities (continued): Purchased ProfessionallEducational Services 15-212-100-320 1,500 1,500 1,500 1,500 1,500 1,500 Other Purchased Services 15-212-100-500 50 50 50 50 50 50 General Supplies 15-212-100-610 7,000 24 7,024 6,634 390 7,500 1,157 8,657 7,775 882 Other Objects 15-212-100-800 800 800 800 800 800 800

Total Multiple Disabilities 309,292 71,105 380,397 377,657 2,740 293,006 12,459 305,465 301,234 4,231

Resource Room: Salaries of Teachers Salaries of Teachers 15-213-100-101 555,978 (28,677) 527,301 527,301 538,122 (192,736) 345,386 345,385 I Other Salaries for Instruction 15-213-100-106 24,008 24,008 24,008 44,321 (20,220) 24,101 23,567 534 General Supplies 15-213-100-610 2,500 (2,388) Il2 112 2,500 (1,000) 1,500 1,181 319

Total Resource Room 582,486 (31,065l 551,421 551,421 584,943 (213,956) 370,987 370,133 854 - Total Special Education __ ~,002,535 _~9,440 1,042,975 1,038,305 4,670 987,430 (199,425_L 788,005 780,298 7,707 -00 Basic SkillslRemedial: Salaries ofTcachers 15-230-100-101 169,348 (17,007) 152,341 152,340 I 169,765 169,765 168,898 867 Other Purchased Services 15-230-100-500 650 (550) 100 100 675 675 675 General Supplies 15-230-100-610 1,300 1,300 1,240 60 1,300 (629) 671 670

Total Basic SkillslRemewal 171,298 07,557) 153,741 153,580 161 171,740 (629) 171,111 169,568 1,543 EXHlBITD-3e (page 3 of5) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES ~ BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012 POSITIVE! POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Crichton NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

School Sponsored Cocurricular Activities: Salaries 15-401-100-100 7,545 7,545 2,951 4,594 7,545 7,545 5,629 1,916 General Supplies 15-401-100-610 1,400 1,400 1,400 1,400 1,400 1,400

Total School Sponsored Cocurricular Activities 8,945 8,945 2,951 5,994 8,945 8,945 5,629 3,316

Before!After School Programs: Salaries 15-421-100-100 5,265 13,853 19,118 19,118 17,950 17,950 17,949

Total Before!After School Programs 5,265 13,853 19,118 19,118 17,950 17,950 17,949

Total - Instruction 3,400,931 (161,700) 3,239,231 3,224,943 14,288 3,109,119 2,215 3,111,334 3,087,705 23,629

Health Services: Salaries 15-000-213-100 58,128 (12,422) 45,706 42,976 2,730 56,290 56,290 52,072 4,218 Other Salaries for lnstruction 15-000-213-106 15,754 15,754 15,754 26,518 (11,124) 15,394 15,394 Purchased Professional & Technical Services 15-000-213-300 700 700 700 700 700 700 ~ Other Purchased Services 15-000-213-500 25 25 25 25 25 25 ~ '-0 Supplies and rvIaterials 15-000-213-600 3,050 3,050 1,814 1,236 3,050 3,050 2,920 130

Total Health Services 77,657 (12,422) 65,235 60,544 4,691 86,583 ~11,124) 75,459 70,386 5,073

Other SUpport Services - Students - Regular: Salaries of Other Professional Staff 15-000-218-104 85,409 601 86,010 86,009 80,113 5,072 85,185 85,184 Purchased Technical Services 15-000-218-320 1,950 (1,950) 1,950 (1,900) 50 50 Other Purchased Services 15-000-218-500 25 25 25 250 250 250 Supplies and Materials 15-000-218-600 750 750 293 457 750 1,900 2,650 1,039 1,611 EXHIBIT D-3e (Page 4 of5) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Crichton NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET IRANSFERS BUDGET ACTUAL ACTUAL

Total Other SUPpOit Services-Students-Regular 88,134 (1,349) 86,785 86,302 483 83,063 5,072 88,135 86,223 1,912

Improvement of Instructional Services: Salaries of Supervisor of Instruction 15-000-221-102 1,000 1,000 1,000 1,000 1,000 1,000

Total Improvement ofInstructional Services 1,000 1,000 1,000 1,000 1,000 1,000

Educational Media Services/School Library: Salaries of Other Professional Staff 15-000-222-104 75,170 (4,842) 70,328 70,327 65,290 7,493 72,783 72,782 Other Salaries for Instruction 15-000-222-106 25,147 298 25,445 25,445 25,441 25,441 25,223 218 Purchased Professional & Technical Services 15-000-222-300 1,400 1,400 175 1,225 1,400 1,400 150 650 Other Purchased Services 15-000-222-500 25 25 25 250 250 250 Supplies and Materials 15-000-222-600 29,920 (10,300) 19,620 16,030 3,590 30,000 (11,402) 18,598 17,339 1,259

Total Educational Media Services/School Library 131,662 (14,844) 116,818 111,977 4,841 96,940 21,532 118,472 116,094 2,378

Support Services School Administration: -tv Salaries of Principals & Assistant Principals 15-000-240-103 111,585 143 112,328 112,328 108,902 531 109,439 109,439 0 Salaries of Secretarial & Clerical Assistants 15-000-240-105 46,742 10,291 57,033 53,370 3,663 60,703 (14,330) 46,373 45,148 1,225 Other Purchased Services 15-000-240-500 500 500 500 500 500 SOD Supplies and Materials 15-000-240-600 3,700 (3,600) 100 100 3,700 (3,100)

Total Support Services School Administration 162,527 7,434 169,961 165,798 4,163 173,805 (17,493) 156,312 154,587 1,725

Security: Salaries 15-000-266-100 37,799 37,799 37,799 36,112 1,464 37,576 37,576

Total Security 37,799 37,799 37,799 36,ll2 1,464 37,576 37,576

Unallocated Benefits Employee Benefits: Health Benefits 15-000-291-270 1,068,081 1,068,081 1,068,081 1,051,568 1,051,568 1,051,568

Total Unallocated Benefits - Employee Benefits 1,068,081 1,068,081 1,068,081 1,051,568 1,051,568 1,051,568

Total Undistributed Expenditures 1,566,860 (21,181) 1,545,679 1,530,501 15,178 1,529,071 (549) 1,528,522 1,516,434 12,088

Total Expenditures - Current Expense _4,967,791 (182,881) 4,784,910 4,755,444 29,466 4,638,190 1,666 4,639,856 4,604,139 35,717 EXHIBIT D-3e (page 5 of5) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FU1\'D 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Crichton NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total School Based Expenditures 4,967,791_ (182,881) 4,784,910 4,755,444 29,466 4,638,190 1,666 4,639,856 4,604,139 35,717

Other Financing Sources/(Uses): Operating Transfer In - General Fund 15-5200-000-000 4,967,791 (182,901L 4,784,8~ 4,755,420 129,466) 4,638,190 1,491 4,639,681 4,603,988 (35,693)

Total Other Financing Sources/(Uses) 4,967,791 (182,905) 4,784,886 4,755,420 129,466) 4,638,190 1,491 4,639,681 4,603,988 (35,693)

Excess/(Deficiency) of Revenues Over!(Under) Expenditures (24) (24) (24) (175) (175) (151) 24 Fund Balances, July 1 24 24 24 175 175 175

Fund Balances, June 30 $ 24 $ (24) $ $ $ $ 175 $ (175) $ $ 24 $ 24

~ tv ~ EXHIBIT 0-3f (Page 1 0[3) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Denbo NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL Cun"cnt Expense: Instruction - Regular Pro,grams: Salaries of Teachers: PreschoollKindergarten 15-110-100-101 $ 145,067 $ (19,852) $ 125,215 $ 125,134 $ 81 $ 126,719 $ 7,973 $ 134,692 $ 134,692 $ Other Salaries for Instruction 15-110-100-106 45,856 45,856 45,856 42,254 3,152 45,406 45,406 General Supplies 15-110-\00-610 5,630 5,630 2,684 2,946 4,330 1,300 5,630 3,689 1,941 Other Objects 15-110-100-800 240 240 240 240 240 240 Grades 1 - 5 15-120-100-101 1,117,389 (151,472) 965,917 965,812 105 881,470 214,340 1,095,810 1,095,808 2 Reading Specialist 15-120-100-179 79,400 71,020 150,420 150,419 1 130,813 10,609 141,422 141,421 1 Regular Programs - Undistributed Instruction: Other Salaries for Instruction \5-190-100-106 13,912 (10,599) 3,313 3,312 13,307 (4,403) 8,904 8,903 1 Purchased ProfessionallEducatiorral Services 15-190-100-320 1,500 65 1,565 1,565 1,500 \,500 521 979 Other Purchased Services 15-190-\00-500 170 274 444 273 171 170 125 295 125 170 General Supplies \5-190-100-6\ 0 45,517 (339) 45,178 43,690 1,488 65,586 (2,339) 63,247 58,152 5,095 Textbooks 15-190-100-640 1,684 1,684 1,684 1,684 1,684 1,684 Other Objects 15-190-100-800 4,484 4,484 3,600 884 4,484 4,484 4,484

Total Regular Programs - Instruction \,460,849 (110,903) 1349,946 1,342,345 7,601 J ,272,557 230,757 1,503,314 1,493,201 10,113

~ N Learning and/or Language Disabilities: N Salaries of Teachers 15-204-100-101 91,150 401 91,551 91,550 1 85,462 85,462 85,461 Other Salaries for Instruction 15-204-100-106 22,678 22,678 20,518 2,160 33,541 33,541 33,540 Purchased Professional/Educational Services 15-204-\ 00-320 96 96 96 General Supplies 15-204-100-610 1,000 2,000 3,000 905 2,095 Textbooks 15-204-100-640 1,000 500 l,500 1,500

Total Leamin.g and/or Language Disabilities 115,924 2,901 J 18,825 112,973 5,852 112,003 119,003 119,001 2

Resource Room: Salaries of Teachers 15-213-100-101 203,370 (33,626) 169,744 169,744 194,735 194,735 194,734 I Other Salaries for Instruction 15-213-100-106 46,601 (46,601) 22,279 19,978 42,257 35,072 7,185 General Supplies 15-213-100-610 1,000 1,250 2,250 1,504 746 Textbooks 15-213-100-640 1,000 LOOO LOOO

Total Resource Room 251,971 (78,977) 172,994 171,248 1,746 22,279 _W,713 236,992 229,806 7,186

Total Special Education 367.895 (76,076) 291,819 284,221 7,598 22,279 333,716 355,995 348,807 7,188

Basic Skills/Remedial: Salaries of Teachers 15-230-100-101 83.104 400 83,504 83,504 82,616 264 82,880 82,879

Total Basic Skills/Remedial 83,104 400 83,504 83,504 82,616 264 82,880_ 82,879

Bilingual Education: Salaries of Teachers 15-240-100-101 51,252 5,127 56,379 56,379 53,148 2,820 55,968 49,957 6,011 Other Purchased Services 15-240-100-500 257 257 257 257 257 257 General Supplies 15-240-100-610 1,933 1,933 405 1,528 1 933 1,933 777 1,156

Total Bilingual Education 53,442 5,127 58,569 56,784 1,785 __ 55,338 ___2,820 __ --.58,158512,734 7.424

School Sponsored Cocurricular Activities: Salaries 15-401-100-100 2060 2,060 1780 280 3,679 3,679 1,780 1,899 EXHIBIT D-3f (Page 2 of3) PEMBERTON TOWNSHIP BOARD OF EDUCAnON BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGA1WE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Denbo NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total School Sponsored CocUlTicular Activities 2,060 2,060 1,780 280 3,679 3,679 1,780 1,899

Before/After School Programs: Other Salaries of Instruction 15-421-100-106 600 600 600 600 600 184 416

Total Before/After School Programs 600 600 600 600 600 184 416

Total- Instruction 1,967,950 (181,452) 1,786,498 1,768,634 17,864 1,437,069 567,557 2,004,626 1,977,585 27,041

Health Services: Salaries 15-000-213-100 54,763 401 55,164 54,041 1,123 118,072 (63,502) 54,570 53,434 1,136 Supplies and Materials 15-000-213-600 2,172 2,172 2,171 1 2,172 2,172 2,054 118

~ N Total Health Services 56,935 401 57,336 56,~Q 1,124 120,24~_ (63,502) __ ~6,742 55,488 1,254 V-l Other Support Services - Students - Regular: Salaries of Other Professional Staff 15-000-218-104 70,481 6,406 76,887 76,887 64,906 2,204 67,110 67,109 Supplies and Materials 15-000-218-600 1,5(j9 1,509 1,507 2 1,509 1.509 562 947

Total Other Support Services-Students-Regular 71,990 6.406 78,396 78,394 2 66,415 2,204 68,619 67,671 948

Educational Media Services/School Library: Salaries of Other Professional Staff 15-000-222-104 40,722 400 41,122 40,952 170 32,681 7,929 40,610 40,440 170 Salaries ofTeclmology Coordinators 15-000-222-177 25,147 298 25,445 25,444 25,332 25,332 24,389 943 Supplies and Materials 15-000-222-600 19,912 49 19,961 16,081 _3,880 20,412 (6,<535) 13,777 13,728 49

Total Educational Media Services/School Library 85,781 747 86,528 82,4]2 _4,051 53,09L 26,626 _29,719 78,557 1,162

Support Services School Administration: Salaries of Principals & Assistant Principals 15-000-240-103 138,092 404 138,496 138,495 1 134,773 664 135,437 135,437 Salaries of Secretarial & Clerical Assistants 15-000-240-105 47,264 2 47,266 47,264 2 59,396 (12,976) 46,420 46,419 Other Purchased Services 15-000-240-500 600 600 600 600 600 600 Supplies and Materials 15-000-240-600 1,800 1,800 398 1,402 1,8~ 1,800 100 1,700

Total Support Services School Administration 187,756 406 188,162 186,157 2,005 196,569 (11,312) 184,257 181,956 2,301

Security: Salaries 15-000-266-100 37,599 37,600 37,599 35,597__ 1,779 ~7,376 37,375

Total Security 37,599 37,609_ 3_1599 -----1 3~ 1,77~ __37,376 37,375 EXHIBIT D-3f (Page 3 of3) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Denbo NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Unallocated Benefits Employee Benefits: Health Beneflts 15-000-291-270 714,454 (3,627) 710,827 710,827 535,769 535,769 535,046 723

Total Unallocated Benefits - Employee Benefits 714,454 (3,6272 710,827 7l0,827 535,769 535,769 535,046 723

Total Undistributed Expenditures 1,154,515 4,334 1,158,849 1,151,666 7,183 1,007,687 (45,205) 962,482 956,093 6,389

~ N -" Total Expenditures - CUtTent Expense 3,122,465 (177,118) 2,945,347 2,920,300 25,047 2,444,756 522,352 2,967,108 2,933,678 33,430

Total School Based Expenditures 3,122,465 (177,118) 2,945,347 2,920,300 25,047 2,444,756 522,352 2,967,108 2,933,678 33,430

Other Financing Sources/(Uses): Operating Transfer In - General Fund 15-5200-000-000 3,122,465 (177,167) 2,945,298 2,920,251 (25,047) 2,444,756 522,352 2,967,108 2,933,727 (33,381)

Total Other Financing Sources/(Uses) 3,122,465 (177,167) 2,945,298 2,920,251 (25,047) 2,444,756 522,352 2,967,108 2,933,727 (33,381)

Excess/(Deficiency) of Revenues Over/(Under) Expenditures (49) (49) (49) 49 49 Fund Balances, July I 49 49 49

Fund Balances, June 30 $ 49 $ (49) $ $ $ - $ - $ $ - $ 49 $ 49 EXHIBIT D-3g (Page I of 4) PEMBERTON TOWNSHIP BOARD OF EDUCAnON BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORlGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Busansky NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Current Expense: Instruction - Regular Programs: Salaries of Teachers: Preschool/Kindergarten 15-110-100-101 $ 192,689 $ 1,925 $ 194,614 $ 194,613 $ $ 111,330 $ 71,419 $ 182,749 S 182,749 $ Other Salaries for Instruction 15-110-100-106 90,640 (21,806) 68,834 68,448 386 43,157 25,753 68,910 68,909 General Supplies 15-110-100-610 7,000 (2,650) 4,350 4,071 279 5,890 1,328 7,218 7,204 14 Other Objects 15-110-100-800 1,800 1,800 1,800 1,400 1,400 1,400 Grades 1 - 5 15-120-100-101 1,258,249 (40,819) 1,217,430 1,217,430 983,501 228,094 1,211,595 1,211,594 ~ Reading Specialist 15-120-100-179 89,414 1,098 90,512 90,114 398 89,190 89,190 89,189 N co Regular Programs - Undistributed Instruction: Purchased Professional/Educational Services 15-190-100-320 3,546 3,546 3,546 3,546 3,546 3,546 Other Purchased Services 15-190-100-500 84 84 84 125 125 125 General Supplies 15-190-100-610 34,441 2,966 37,407 35,846 1,561 55,091 1,625 56,716 56,645 71 Textbooks 15-190-100-640 1,950 25 1,975 1,974 1,625 (291) 1,334 1,334 Other Objects 15-190-100-800 4,400 4,400 4,400 4,000 4,000 4,000

Total Regular Programs - Instruction 1,684,129 _(59,177) 1,624,952 1,622,326 2,626 1,209,540 417,243 1,626,783 1,626,695 88

Learning and/or Language Disabilities: Salaries of Teachers 15-204-100-101 143,042 27,306 170,348 170,348 137,922 1,571 139,493 139,492 Other Salaries for Instruction 15-204-100-106 46,156 2,883 49,039 49,039 22,119 23,768 45,887 45,707 180 General Supplies 15-204-100-610 5,000 5,000 4,936 64 5,500 4,974 10,474 10,400 74

Total Learning andlor Language Disabilities 194,198 30,189 224,387 224,323 64 165,541 30,313 195,854 195,599 255

Resource Room: Salaries of Teachers 15-213-100-101 593,479 (34,738) 558,741 555,692 3,049 473,830 (186,306) 287,524 287,523 Other Salaries for Instruction 15-213-100-106 47,036 (38, I 08) 8,928 8,928 66,003 (2,901) 63,102 48,648 14,454 General Supplies 15-213-100-610 7,500 7,500 5,797 1,703 7,500 (4,974) 2,526 2,526 EXHIBIT D-3g (Page2of4) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVEI JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORlGINAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL FINAL TO School: Busansky NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total Resource Room 648,015 (72,846) 575,169 570,417 4,752 547,333 (194,181) 353,152 338,697 14,455

Total Special Education 842,213 (42,657) 799,556 794,740 4,816 712,874 (163,868) 549,006 534,296 14,710

Basic Skills/Remedial: Salaries of Teachers 15-230-100-101 90,314 600 90,914 90,914 90,547 90,547 90,089 458

Total Basic SkillslRemedial 90,314 600 90,914 90,914 90,547 90,547 90,089 458

Bilingual Education: -N 0\ Salaries of Teachers 15-240-100-101 92,450 400 92,850 92,850 92,195 30 92,225 91,764 461

Total Bilingual Education 92,450 400 92,850 92,850 92,195 30 92,225 91,764 461

School Sponsored Cocunicular Activities: Salaries 15-401-100-100 1,780 5,000 6,780 6,046 734 1,780 1,780 1,780 '

Total School Sponsored CocUlTicular Activities 1,780 5,000 6,780 6,046 734 1,780 1,780 1,780

Befure/After School Programs: Salaries 15-421-100-100 16,224 (10,191) 6,033 350 5,683 11,700 2,022 13,722 7,782 5,940 Other Salaries for Instruction 15-421-100-106 768 768 768 768 768 139 629

Tota! Before/After School Programs 16,992 (10,191) 6,801 350 6,451 12,468 2,022 14,490 7,921 6,569

Total - Instruction 2,727,878 (106,0252 2,621,853 2,607,226 14,627 2,119,404 255,427 2,374,831 2,352,545 22,286

Health Services: Salaries 15-000-213-100 68,042 517 68,559 67,238 1,321 62,446 2,225 64,671 63,342 1,329 Purchased Professional & Technical Services 15-000-213-300 350 (350) Other Purchased Services 15-000-213-500 350 (350) Supplies and Materials 15-000-213-600 2,500 (116) 2,384 2,377 7 2,000 2,000 1,885 115

Total Health Services 70,892 51 70,943 69,615 1,328 64,796 1,875 66,671 65,227 1,444 EXHIBIT D-3g (Page 3 of4) PEMBERTON TOWNSHIP BOARD OF EDUCATlON BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEi POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORlGINAL BUDGET FINAL FINAL TO OR[GINAL BUDGET FINAL FINAL TO School: Busansky NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Other Support Services - Students - Regular: Salaries of Other Professional Staff [5-000-2 [8-[04 9[,750 40[ 92,[5[ 92,[50 9[,37[ 155 9[,526 9[,525 Other Purchased Services 15-000-2[8-500 350 (350) )50 (350) Supplies and Materials 15-000-218-600 1,500 (800) 700 447 253 [,300 [,300 [,235 65

Total Other Support Services-Students-Regular 9},600 (749) 92,85L 92,597 254 _~3,02[ (195) 92,826 92,760 66

Educational Media Services/School Library: Salaries or Other Professional Staff 15-000-222-104 50,923 50,923 50,050 873 35,477 [5,3[2 50,789 49,949 840 Salaries of Technology Coordinator 15-000-222-177 33,[55 33,155 32,393 762 6[,67[ (25,966) 35,705 35,562 143 Other Purchased Services 15-000-222-500 250 (250) 250 (250) Supplies and Materials [5-000-222-600 [2,850 2,050 [4,900 [4,827 73 [2,850 [2,850 12,692 [58 ~ tv ---J Total Educational Media Services/School Library 97,178 [,800 98,978 97,270 1,708 110,248 (10,904) 99,344 98,203 1,141

SUppOlt Services School Administration: Salaries of Principals & Assistant Principals 15-000-240-103 [27,403 266 127,669 [27,669 [24,340 4[8 [24,758 124,758 Salaries of Secretarial & Clerical Assistants 15-000-240-105 82,900 (6,292) 76,608 76,607 69,767 11,616 81,383 81,382 Other Purchased Services [ 5-000-240-500 750 (725) 25 25 1,000 (1,000)

Total SUppOlt Services School Administration 211,053 (6,751) 204,302 204,301 195,107 11,034 206,141 206,140

Security: Salaries 15-000-266-100 37,799 (10,546) 27,253 26,771 482 36,112 2,373 38,485 38,484

Total Security 37,799 (10,546) 27,253 26,771 482 36, Il2 2,373 38,485 38,484

Unallocated Benefits Employee Benefits: Health Benefits 15-000-29[-270 85[,761 851,76[ 851,761 749,313 749,313 749,313

Total Unallocated Benefits - Employee Benefits 85[,761 851,761 85[,761 749,3[3 749,3[3 749,313

Total Undistributed Expenditures 1,362,283 ([6,195) [,346,088 1,342,315 3,773 1,248,597 4,[83 [,252,780 1,250,127 2,653

Total Expenditures - Cun·ent Expense 4,090,161 (122,220) 3,967,941 3,949,541 18,400 3,368,001 259,610 3,627,61 [ 3,602,672 24,939

Total School Based Expenditures 4,090,16[ (122,220) 3,967,941 3,949,541 18,400 3,368,00 I 259,610 3,627,611 3,602,672 24,939 EXHIBIT D-3g (Page4of4) PEMBERTON TOWNSHIP BOARD OF EDUCA nON BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSlTlVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Busansky NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Other Financing Sources/(Uses): Operating Transfer In - General Fund 15-5200-000-000 4,090,161 Q22,220) 3,967,941 3,949,541 (18,400) 3,368,001 ~6lQ 3,627,611 3,6(j2,672 (24,939)

Total Other Financing Sources/(Uses) 4,090,161 (122,220) 3,967,941 3,949,541 (I8,~00) 3,368,001 259,610 3,627~lL_ 3,602,672 (24,939)

Excess/(Deficiency) of Revenues Over/CUnder) Expenditures Fund Balances, July 1

~ l'.J Fund Balances, June 30 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ CXJ EXHIBIT 0-3h (Page 1 of3) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORlGINAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL F[NAL TO School: Stackhouse NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Current Expense: Instruction - Regular Programs: Salaries of Teachers: Preschool/Kindergarten [5-[[0-100-10[ $ 210,217 $ (50,561) $ [59,656 $ 158,755 $ 90[ $ [37,982 $ 6[,[70 S [99,[52 $ 197,962 $ [,[90 Other Salaries for Inslruction 15-110-100-106 69,334 (23,678) 45,656 45,656 42,848 25,8[2 68,660 68,659 [

~ General Supplies 15-[10-100-6IO 7,100 7,100 3,095 4,005 4,850 (4,135) 7[5 7[4 N \0 Grades 1 - 5 [5-[20-100-101 1,167,505 (67,279) [,100,226 [,098,866 [,360 [,00[,545 147,635 1,[49,180 [,[48,822 358 Reading Specialist 15-120-[00-179 85,679 (3 [,022) 54,657 54,657 17[,163 (85,707) 85,456 85,456 Regular Programs - UndisiTibuted Instruction: Other Salaries for Instruction 15-190-[00-106 Purchased Professional/Educational Services 15-190-100-320 4,500 (1,500) 3,000 2,500 500 4,000 4,000 2,500 [,500 Other Purchased Services 15-190-100-500 [50 150 84 66 250 250 125 [25 General Supplies 15-190- IOO-61 0 28,350 5,000 33,350 30,915 2,435 54,012 657 54,669 42,492 12,177 Textbooks [5-190- [00-640 4,600 4,600 4,600 3,800 3,800 2,770 1,030 Other Objects 15-190-[00-800 4,500 1,500 6,000 5,500 500 4,350 4,350 4,125 225

Total Regular Programs - [nstruction [,581,785 (167,390) 1,4[4,395 [,400,028 14,367 1,424,550 145,682 1,570,232 [,553,625 [6,607

Resource Room: Salaries of T eaehers [5-2[3-[00-101 83,304 400 83,704 83,704 82,822 576 83,398 83,398 Other Salaries for Instruction [5-213-100-[06 6,717 6,717 6,7[7 General Supplies [5-213-100-610 2,250 2,250 2,250 EXHIBIT D-3h (page 2 of3) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Stackhouse NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total Resource Room 85,2i4 _~,1l7 __ 92,671 90,421 2,250 82,822 576 83,398 83,398

Total Special Education 85,554 7,1l7 92,671 9Q,421 2,250 82,822 769 83,591 83,590

Basic Skills/Remedial: Salaries of Teachers 15-230-100-101 86,)124 _ 401 87,375 87,374 86,221 528 86,749 86,749

Total Basic SkillslRemedial 86,914 401 87,375 87,374 86,221 528 86,749 86,749

Before/After School Programs: Salaries 15-421-100-100 7,488 7,488 7,488 7,488 5,554 13,042 13,022 20 Other Salaries for Instruction 15-421-100-106 784 784 784 1,784 1,784 1,784

T otal Before/After School Programs 8,272 8,272 8,272 9,272 5,554 14,826 1,804 ~ 13,022 W o Total - Instruction 1,762,585 (159,872) 1,602,713 1,577,823 24,890 1,602,865 152,533 1,755,398 1,736,986 18,412

Health Services: Salaries 15-000-213-100 86,614 401 87,015 84,974 2,041 86,509 86,509 85,088 1,421 Supplies and Materials 15-000-213-600 3~0 3,750 2,928 822 3,900 3,900 3,900

Total Health Services 90,l§4 401 _ 90,765 87,902 2,863 90,409 90,409 88,988 1,421

Other Support Services - Students - Regular: Salaries of Other Professional Staff 15-000-218-104 86,209 900 87,109 87,109 86,427 (4) 86,423 85,984 439 Purchased ProfessionallEducational Services 15-000-218-300 400 400 400 Supplies and Materials 15-000-218-600 850 850 813 37 800 800 722 78

Total Other Support Services-Students-Regular 87,459 900 88,359 87,922 437 87,227 (4) 87,223 86,706 517

Educational Media Services/School Library: Salaries of Other Professional Staff 15-000-222-104 49,862 154 50,016 49,105 911 66,093 (16,365) 49,728 49,727 Salaries of Technology Coordinators 15-000-222-177 23,612 (1,456) 22,156 21,048 1,108 57,611 (33,655) 23,956 23,706 250 Supplies and Materials 15-000-222-600 19,900 (5,000) 14,900 14,212 688 23,460 (4,990) 18,470 15,896 2,574

Total Educational Media Services/School Library 93,TI4 _J9,302) __ 87,072_ 84,365_ 2,707 147,164__ (52,Q10) _ ~2,154 _ 89,329_ _~825 EXHIBIT D-3h (Page 3 of3) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORlGINAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL FINAL TO School: Stackhouse NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Support Services School Administration: Salaries of Principals & Assistant Principals 15-000-240-103 145,089 273 145,362 145,362 140,767 (9,265) 131,502 131,502 Salaries of Secretarial & Clerical Assistants 15-000-240-105 82,900 (26,192) 56,708 56,706 2 69,252 2,112 71,364 71,363 Supplies and Matelials 15-000-240-600 1,500 (150) 1,350 120 1,230

Total Support Services School Administration 229,489 (26,069) 203,420 202,188 1,232 210,019 (7,153) 202,866 202,865

Security: Salaries 15-000-266-100 37,599 37,600 37,599 35.288 2,089 37,377 37.376

Total Security 37,599 37,600 37,599 35,288 2,089 37,377 37,376

Unallocated Benefits Employee Benefits: ~ 663,179 663,179 663,179 618,482 (189,029) 429,453 428,783 670 w Health Benefits 15-000-291-270 ~ Total Unallocated Benefits - Employee Benefits 663,179 663,179 663,179 618,482 (189,029) 429,453 428,783 670

Total Undistributed Expenditures 1,201,464 (31,069) 1,170,395 1,163,155 7,240 1,188,589 (249,107) 939,482 934,047 5,435

Total Expenditures - Current Expense 2,964,049 (190,941) 2,773,108 2,740,978 32,130 2,791,454 (96,574) 2,694,880 2,671,033 23,847

Capital Outlay: Equipment: Regular Programs - Instruction: Grades I - 5 15-120-100-730 3,390 3,390 3,390

Total Equipment 3,390 3,390 3,390

Total Capital Outlay 3,390 3,390 3,390

Total School Based Expenditures 2,964,049 (190,941) 2,773,108 2,740,978 32,130 2,791,454 (93,184) 2,698,270 2,674,423 23,847

Other Financing Sources/(Uses): Operating Transfer In - General Fund 15-5200-000-000 2,964,049 (190,941) 2,773,108 2,740,978 (32,130) 2,791,454 (93,184) 2,698,270 2,674,423 (23,847)

Total Other Financing Sources/(Uses) 2,964,049 (190,941) 2,773,108 2,740,978 (32,130) 2,791,454 (93,184) 2,698,270 2,674,423 (23,847)

Excess/(Deficiency) of Revenues Over/(Under) Expenditures Fund Balances, July 1

Fund Balances, June 30 $ , $ - $ - L ,_$ ~_ - $_ ,~ __- _$ $ $ EXHIBIT D-3i (Pa)(e I of 4) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 Al'fD 2012

POSITIVEI PGSITIVE! JUNE 30,2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TG ORIGINAL BUDGET FINAL FINAL TO School: Helen Fort Middle School NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Current Expense: Instruction - Regular Programs: Salaries of Teachers: Grades 6 - 8 15-130-100-10 1 $ $ $ $ $ $ 3,762,428 $ (131,546) $ 3,630,882 $ 3,625.958 $ 4,924 Regular Programs - Undistributed Instruction: Purchased ProfessionalfEducational Services 15-190-100-320 4,500 4,500 4,500 Other Purchased Services 15-190-100-500 10,963 (1,565) 9,398 9,398 General Supplies 15-190-100-610 103,200 (3,437) 99,763 99369 394 Textbooks 15-190-100-640 15,800 15,800 15,594 206 Other Obiects 15-190-100-800 7,170 7,170 717O

Total Regular Programs - InstTUction 3,904,061 (136,548) 3,767.513 3,761,989 5524 w -N Multiple Disabilities: Salaries of Teachers 15-212-100-10\ 112,096 57,273 169,369 169)69 Other Salaries for Instruction 15-212-100-106 21,424 46,203 67,627 67,627 Other Purchased Services 15-212-100-500 600 600 600 General Supplies 15-212-100-610 2,550 2550 1.738 812 Textbooks 15-212-100-640 1,500 1,500 300 1,200

Total Multiple Disabilities 138.o..l.ZL 103476 241646 239,0)4 2.612

Resource Room: Salaries of Teachers 15-213-100-101 1,060,391 509,394 1,569,785 1568,832 953 Other Salaries for Instruction 15-213-100-106 284,127 (4,011) 280,116 279,628 488 Other Purchased Services 15-213-100-500 500 500 275 225 General Supplies 15-213-100-610 10,600 5,000 15,600 15504 96 Textbooks 15-213~100-640 7500 (5000) 2500 2500

Total Resource Room IJ63,1 18 505,383 L868501 1,864,239 4,262

Preschool Disabilities - Full Time: Salaries of Teachers 15-216-100-101 153,177 153,177 139.857 13,320 Other Salaries for Instruction 15-216-100-106 130747 130,747 119,137 11610

Total Preschool Disabilities - Full Time 283924 283,924 258.994 24930

Total Special Education 1.501,288 892,783 2,394,071 2,362,267 31,804 EXHIBIT D-3i (Page 2 of 4) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Helen Fort Middle School BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Basic SkillsIRemedial: Salaries ofTeachcrs 15-230~100-1O1 jo,~l:\l "mjO, ______36,981 _

Total Basic Skills/Remedial 36,981 36,981 36,981

School Sponsored Cocurricular Activities: -eN eN Salaries 15-401-100-100 129,857 129,857 108,779 Purchased Services 15-401-100-500 1,000 1,000 200 ---

Total School Sponsored Cocurricular Activities 130,857 130,857 108,979 21,878

Before/After School Programs: Salaries 15-421-100-100 28,800 28,800 28,318

Total Before/After School Programs 28,800 28,800 28,318 482

SUlTImer School ~ Instruction: Salaries 15-422-100-101 16,800 16,800 12,754

Total Summer School- Instruction 16,800 16,800 12,754 4,046

Alternative Education Program - Instruction: Salaries 15-423-100-101 LDU,UU l,jlL 267,502 267,502

Total Alternative Education Program - Instruction 260,130 7,372 267,502 267,502

Total - Instruction 5,841,936 800,588 6,642,524 6,578,790 63,734 EXHIBIT D-3i (Page 3 of 4) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE/ JUNE 30, 2013 (NEGATIVE) JUNE 30,2012 (NEGATIVE) ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School; Helen Fort Middle School BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Health Services: Salaries 15-000-213-100 93)73 4,332 97,505 94,191 3,314 Other Purchased Services 15-000-213-500 150 150 150 Supplies and Materials 15-000-213-600 4,260 4,LOU 5,4'- '°5 765

-w Total Health Services 97,583 4,332 101,915 97,686 4,229 "" Other Support Services - Students - Regular: Salaries of Other Professional Staff 15-000-218-104 390,075 (79,205) 310,870 309,720 1,150 Other Purchased Services 15-000-218-500 1,100 1,100 1,100 Supplies and Materials 15-000-218-600 2,100 .t.,IVV ,I,V\ o~7 1,033

Total Other Support Services-Students-Regular 393,275 (79,205) 314,070 310,787 3,283

Improvoement of Instruction Services/Other Support Services - Il15truction Staff: Salaries of Other Professional Staff 15-000-221-104 31,570 Salaries of Facilitators, Math & Literacy 15-000-221-176 1 Supplies and Materials 15-000-221-600 LO,OVV ~LJ,.JJ·"")

Total Improvement of Instruction Services! Other Support Services Instructional Staff 31,571

Educational Media Services/School Library: Salaries 15-000-222-100 Salaries of Technology Coordinator 15-000-222-177 65,297 65, Supplies and Materials 15-000-222-600 33,300 (6,000)

Total Educational Media Services!School Library 1,374

Sllpport Services School Administration: Salaries ofprincipals & Assistant Principals 15-000-240-103 1,139 EXHIBIT D-3i (Page 4 of4) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! JUNE 30, 2013 (NEGATNE) JUNE 30, 2012 (NEGATNE) ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: Helen Fort Middle School BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Support Services School Administration (continued): Salaries of Secretarial & Clerical Assistants 15-000-240-105 210,013 (4,172) 205,841 205,835 6 Other Purchased Services 15-000-240-500 2,560 2,560 40 2,520 Supplies and Materials 15-000-240-600 5,000 (3,000) 2,000 727 1,273 Other Objects 15-000-240-800 3,450 (3,450)

Total Support Services School Administration 601,344 (8,869) 592,475 587,537 4,938 w Security: v. Salaries 15-000-266-100 218,073 (2,688) 215,385 213,762 1,623 Purchased Professional & Technical Services 15-000-266-610 2,200 (1,600) 600 600

Total Security 220,273 (4,288) 215,985 213,762 2,223

Unallocated Benefits Employee Benefits: Health Benefits 15-000-291-270 2035442 (628,199) 1,407,243 1,406,681 562

Total Unallocated Benefits - Employee Benefits 2,035,442 (628,199) ),407,243 1,406,681 562

Total Undistributed Expenditures 3,653,763 £762,597) 2,891,166 2,842,986 48,180

Total Expenditures - Current Expense 9,495,699 37,991 9,533,690 9,421776 111.914

Total School Based Expenditures 9,495,699 37,991 9,533,690 9,421,776 111,914

Other Financing Sources/(Uses): Operating Transfer In - General Fund 9,495,699 37,991 9,533,690 9,421,776 (111,914)

Total Other Financing Sources/(Uses) 9,495,699 37,991 9,533,690 9,421,776 (111,914)

Excess!{Deficiency) of Revenues Ovcr/(Under) Expenditures Fund Balances, July 1

Fund Balances, June 30 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ EXHIBIT D-3j (Page 1 of 5) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: High School NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL Current Expense: Instruction - Regular Programs: Salaries of Teachers: Grades 9 - 12 15-140-100-101 $ 6,128,866 $ (13,550) $ 6,115,316 $ 6,096,436 $ 18,880 $ 6,827,266 $ (619,620) $ 6,207,646 $ 6,207,645 $ Regular Programs - Undistributed Instruction: Other Salaries for Instruction 15-190-100-106 58,154 (15,521) 42,633 37,144 5,489 57,447 (25,083) 32,364 30,018 2,346 Purchased Professional/Educational Services 15-190-100-320 21,000 21,000 14,840 6,160 21,000 (15,973) 5,027 5,027 Other Purchased Services 15-190-100-500 20,900 8,250 29,150 23,629 5,521 17,500 7,050 24,550 20,848 3,702 General Supplies 15-190-100-610 340,577 (31,448) 309,129 261,945 47,184 404,200 (76,610) 327,590 315,663 11,927 Textbooks 15-190-100-640 47,550 47,550 45,802 1,748 47,550 8,000 55,550 53,863 1,687 Other Objects 15-190-100-800 17,000 17,000 11,800 5,200 17,000 2,536 19,536 19,535 I

~ w ~ Total Regular Programs ~ Instruction 6,634,047 (52,269) 6,581,778 6,491,596 90,182 7,391,963 (719,700) 6,672,263 6,652,599 19,664

Cognitive - Mild: Salaries of Teachers 15-201-100-101 80,804 (21,655) 59,149 59,148 69,987 5,129 75,116 75,1\6 Other Salaries for Instruction 15-201-100-106 45,249 907 46,156 46,156 42,024 3,084 45,108 45,108 General Supplies 15-201-100-610 7,490 (1,000) 6,490 4,516 1,974 7,490 7,490 5,077 2,413 Textbooks 15-20 I-! 00-640 1,500 1,500 1,500 1,500 1,500 1,500 Other Objects 15-20 I-I 00-800 750 750 750 750 750 750

Total Cognitive - Mild 135,793 (21,748) 1\4,045 109,820 4,225 121,751 8,213 129,964 125,301 4,663

Learning and/or Language Disabilities: General Supplies 15-204-100-610 10,000 10,000 8,561 1,439 10,000 10,000 7,070 2,930 Textbooks 15-204-100-640 6,000 6,000 2,311 3,689 6,000 6,000 6,000 Other Objects 15-204-100-800 1,000 1,000 1,000 1,000 1,000 510 490

Total Learning and/or Language Disabilities 17,000 17,000 10,872 6,128 17,000 17,000 7,580 9,420

Behavioral Disabilities: Salaries of Teachers 15-209-100-101 81,904 500 82,404 82,404 82,101 (314) 81,787 81,679 108 Other Salaries for Instruction 15-209-100-106 45,356 (20,218) 25,138 25,138 42,848 2,058 44,906 44,389 5]7 General Supplies 15-209-100-610 500 1,000 1,500 922 578 500 600 1,100 1,072 28 Textbooks 15-209-100-640 4,000 4,000 1,122 2,878 4,000 4,000 1,553 2,447 Other Objects 15-209-100-800 500 500 500 500 500 500 EXHIBIT D-3j (Page 2 of 5) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 20\3 AND 2012

POSITIVE! POSITIVE! JUNE 30, 2013 (NEOATIVE) JUNE 30,2012 (NEGATIVE) ACCOUNT ORlGlNAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL FINAL TO School: High School NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total Behavioral Disabilities 112,260 (18,718) 111,542 109,586 3,956 129,949 2,344 132,293 128,693 3,600

Multiple Disabilities: Salaries of Teachers 15-212-100-101 314 114 314 314 314 313 General Supplies 15-212-100-610 6,300 6,300 2,793 3,507 6,300 (600) 5,700 3,235 2,465 Other Objects 15-212-100-800 500 500 500 500 500 500

Total Multiple Disabilities 7,1l4 7,1l4 2,793 4,321 6,800 (286) 6,514 3,548 2,966

Resource Room: Salaries of Teachers 15-213-100-101 1,623,677 (97,399) 1,526,278 1,518,391 7,887 1,705,906 (98,775) 1,607,131 1,607,130 I Other Salaries for Instruction 15-213-100-106 319,758 (1,789) 117,969 337,567 402 319,011 12,088 331,121 328,096 3,025 Other Purchased Services IS-213-100-500 895 895 895 1,000 1,000 357 643 GO --.j General Supplies 15-213-100-610 20,500 (895) 19,605 7,680 11,925 20,500 (1,000) 19,500 3,268 16,232 Textbooks lS-213~100-640 15,000 15,000 2,969 12,031 15,000 15,000 2,024 12,976 Other Objects 15-213-100-800 1,000 1,000 1,000 1,000 1,000 1,000

Total Resollrce Room 1,999,935 (99,188) 1,900,747 1,866,607 34,140 2,061,439 (86,687) 1,974,752 1,940,875 33,877

Total Special Education __2,292,102 (139,654) 2,152,448 2,099,678 52,770 ),336,939 (76,416) 2,260,523 2,205,997 54,526

Basic Skills/Remedial: Other Salaries for InstlUction 15-230-100-106 40,732 669 41,401 40,732 669 37,862 2,64<5 40,508 40,507

40,712 41,401 40,732 669 37,862 2,646 10,508 40,507 Total Basic Skills/Remedial 669 ,-

Bilingual Education: Salaries of Teachers 15-240-100-101 86,209 86,209 83,407 2,802 86,427 86,427 85,984 443

Total Bilingual Education 86,209 86,209 83,4()7 __2,802 86,427 86,427 85,984 443

School Sponsored Cocurricular Activities: Salaries 15-401-100-100 151,250 151,250 130,035 21,215 151,250 151,250 126,597 24,653 Purchased Services 15-401-100-500 45,000 (45,000) 45,000 (45,0,eJ0) EXHIBIT D-3j (Page 3 of 5) PEMBERTON TOWNSHIP BOARD OF EDUCAnON BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES- BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE/ POSITIVE! JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: High School NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Total School Sponsored Cocurricular Activities 196,250 (45,000) 151,250 I30,035 21,215 196,250 (45,000) 151,250 126,597 24,653

Before/After School Programs: Salaries 15-421-100-100 85,000 85,000 43,277 41,723 85,000 (1,510) 83,490 38,221 45,269

Total Before!After School Programs 85,000 85,000 43,277 41,723 85,000 (I,510) 83,490 38,221 45,269

Summer School - Instruction: Salaries 15-422-100-101 33,440 (4,060) 29,380 21,065 8,315 33,440 33,440 29,165 4,275

Total Summer School- Instruction 33,440 (4,060) 29,380 2L065 8,315 33,440 33,440 29,165 4,275

Alternative Education Program - Instruction: Salaries 15-423-100-101 283,784 (7) 283,777 215,701 68,076 288,230 (52,870) 235,360 231,843 3,517 Other Salaries for Instruction 15-423-100-106 9,191 I 9,192 9,191 I 8,693 409 9,102 9,101 1 -w General Supplies 15-423-100-610 295 5,500 5,795 5,795 295 295 295 00 Total Alternative Education Program - Instruction 293,270 5,494 298,764 224,892 73,872 297,218 (52,461) 244,757 240,944 3,813

Alternative Education Program - Support Services: Salaries 15-423-200-100 58,842 15,714 74,556 56,598 17,958 140,946 (73,183) 67,763 56,195 11,568

Total Alternative Education Program - SUppOlt Services 58,842 15,714 74,5l 56,598 ~8 140,946 (73,183) 67,763 56,195 11,568

Total - Instruction 9,719,892 (219,106) 9,500,786 9,191,280 309,506 10,606,045 (965,624) 9,640,421 9,476,209 164,212

Attendance & Social Work Services: Supplies and Materials 15-000-2Il-600 5,500 (5,500) 5,500 (5,500)

Total Attendance & Social Work Services 5,500 (5,500) 5,500 (5,500)

Health Services: Salaries 15-000-213-100 143,607 (8,273) 135,334 135,333 84,101 32,077 Il6,178 115,364 814 Purchased Professional & Technical Services 15-000-213-300 1,470 1,470 1,470 1,470 1,470 1,470 Other Purchased Services 15-000-213-500 300 300 300 300 300 300 Supplies and Materials 15-000-213-600 4,500 4,500 _ 4,307 193 4,500 4,500 3,620 880

Total Health Services 149,877 (8,273) 141,604 139,640 1,964 90,371 32,077 122,448 __118,984 3,464

Other Support Services -. Students - Regular: Salaries of Other Professional Staff 15-000-218-104 597,677 (37,067) 560,610 560,603 7 648,164 (I4,311) 633,853 633,075 778 Purchased ProfessionallEducational Services 15-000-218-320 100 100 100 100 100 100 EXHIBIT D-3j (Page 4 of 5) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSITIVEI JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FIN.A.L FINAL TO School: High School NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Other Support Services - Students - Regular (continued): Purchased Technical Services 15-000-218-390 3,500 3,500 3,500 3,500 3,500 3,500 Other Purchased Services 15-000-218-500 1,000 1,000 425 575 1,000 1,000 425 575 Supplies and Materials 15-000-218-600 13,700 (5,045) 8,655 7,235 1,420 13,700 (5,449) 8,251 6,435 1,816

Total Other Support Services-Students-Regular 615,977 (42,112_)_ 57~"~ 568,263 -~ 666,464 _,(19,760) , 646,704 _~,935 6,769

Improvement of Instruction ServiceslOther Support Services - Instruction Staff: Salaries of Other Professional Staff 15-000-221-104 39,350 39,350 24,600 14,750 39,350 39,350 21 ,320 18,030 947 Supplies and Materials 15-000-221-600 7,000 7,Q2L ---- ,_ 6,053 _~O _~5S) __4_,145 , __4,145

~ Total Improvement of Instruction Services! w '" Other Support Services Instructional Staff 46,350 46,350 25,547 20,803 52,850 . __(2155) _---""-495 ____25,465 18,030 Educational Media Services/School Library: Salaries 15-000-222-100 74,256 74,256 74,256 63,107 6,239 69,346 69,346 Salaries ofTeclmology Coordinator 15-000-222-177 63,190 2,194 65,384 65,188 196 61,671 349 62,020 62,012 8 Other Purchased S~rvices lS-OOQ-.222-500 7,000 7,000 4,765 2,235 7,000 7,000 6,151 849 Supplies and Materials 15-000-222-600 30,000 30,000 28,42£ 1,574 .1?_,.990 A~,OOO P,104 1,896

Total Educational Media Services/School Library 174,446 2,1~.:j._ 176,640 172,635 --~ 146,778 ___ ~88 __ ~366 , __1_50,613. 2,753

Instructional Staff Training Services: Purchased Professional/Educational Services 15-000-223-320 22,500 22,500 22,500 22,500 (22,500)

Total Instructional Staff Training Services 22,500 22,500 22,500 22,500 (22,500)

Support Services School Administration: Salaries of Principals & Assistant Principals 15-000-240-103 476,128 1,394 477,522 471,128 6,394 464,863 2,218 467,081 461,829 5,252 Salaries of Secretarial & Clerical Assistants 15-000-240-105 318,324 (40,324) 278,000 275,659 2,341 252,717 44,836 297,553 295,060 2,493 Other Salaries 15-000-240-110 112,125 (11,300) 100,825 100,825 147,265 (41,858) 105,407 105,407 Other Purchased Services 15-000-240-500 3,500 3,500 673 2,827 3,500 3,500 964 2,536 Supplies and Materials 15-000-240-600 8,089 (4,582) 3,507 1,456 2,051 3,500 4,898 8,398 8,398 Other Objects 15-000-240-800 6,800 (6,800) 6,800 (6,800)

Total Support Services Schoo! Administration 924,966 (61,612) 863,354 849,741 13,613 878,645 3,294 881,939 871,658 10,281 EXHIBIT D-3j (Page 5 of5) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVE! POSITIVEI JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORIGINAL BUDGET FINAL FINAL TO School: High School NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL

Security: Salaries 15-000-266-I 00 294,197 2,140 296,337 293,513 2,824 283,898 685 284,583 284,582 General Supplies 15~OOO-266-610 1,000 1,000 1,000 1,000 1,000 1,000

Total Security 295,197 2,140 297,337 293,513 3,824 284,898 685 285,583 284,582 1,001

Unallocated Benefits Employee Benefits: Health Benefits 15-000-291-270 3,376,209 1,073,860 4,450,069 4,450,068 3,367,538 1,622,439 4,989,977 4,955,908 34,069

Total Unallocated Benefits - Employee Benefits _ 3,376,209 I,Q13,860 4,450,52~ 4,450,9~ 3,367,538_ 1,622,439 4,989,977 4,955,908 34,069

~ 5,6 I 1,022 6,499,407 72,3 12 7,123,512 7,047,145 -'" Total Undistributed Expenditures 960,697 6,571,719 ~ ~,515,544 1,601,968 76,367 0 Total Expenditures - Current Expense 15,330,914 741,591 16,072,505 15,690,687 381,818 __1_6,121,589~_~344 16,763,933 16,523,354 240,579

Capital Outlay: Equipment: Regular Programs - Instruction: Grades 9 - 12 15-140-100-730 11,200 11,200 10,021 1,179 5,200 9,541 14,741 14,741

Total Equipment 11,200 11,200_ 10,021 I,E9__ 5,200 ____9,541 ___ 1~,z,,1 14,741

Total Capital Outlay 11,200 11,200 10,021 1,179 5,200 _9,541 14,741 14,741

Total School Based Expenditures 15,347,114 741,591 16,083,705 15,700,708 382,997~,126,789 _~,885 16,778&'74 16,538,095 240,579

Other Financing Sources/(Uses): Operating Transfer In - General Fund 15-5200-000-000 15,342,114 739,611 16,081,725 15,700,092 (381,633) 16,126,789 645,719 16,772,508 16,533,909 (238,599)

Total Other Financing Sources/(Uses) 15,342,114 739,611 16,081,725 15,700,092 (381,633) _~, 126,789 ~ 645,719 16,772,508 16,533,909 (238,599)

Exccss/(Deficiency) of Revenues Over/CUnder) Expenditures (1,980) (1,980) (616) 1,364 (6,166) (6,166) (4,186) 1,980 Fund Balances, July 1 1,980 1,98_0_ 1,980 6,166 _§,J?_6 6,166

Fund Balances, June 30 $ 1,980 $ (1,980) $ $ 1,364 $ 1,364_$_ 6, I 66 _$-----'2,1 66) $ $ 1,9il!L$ 1,980 EXHIBIT D-3k (Page I of I) PEMBERTON TOWNSHIP BOARD OF EDUCATION BLENDED RESOURCES FUND 15 SCHEDULE OF BLENDED EXPENDITURES - BUDGET AND ACTUAL FOR THE FISCAL YEARS ENDED JUNE 30, 2013 AND 2012

POSITIVEI POSlT!VEI JUNE 30, 2013 (NEGATIVE) JUNE 30, 2012 (NEGATIVE) ACCOUNT ORIGINAL BUDGET FINAL FINAL TO ORlGINAL BUDGET FINAL FINAL TO School: Haines NUMBERS BUDGET TRANSFERS BUDGET ACTUAL ACTUAL BUDGET TRANSFERS BUDGET ACTUAL ACTUAL Current Expense: Regular Programs - Undistributed Instruction: General Supplies 15-190-100-610 $ - $ - $ - $ - $ - $ - $ 6,851 $ 6,851 $ 6,851 $

Total Regular Programs - Instruction 6,851 6,851 6,851

Basic Skills/Remedial: Salaries of Teachers 15-230-100-101 (947) 947 Other Salaries for Instruction 15-230-100-106 639 639 638

~ Tota! Basic Skills/Remedial 639 639 (309) 948 -"" ~ School Sponsored CocUl"ricuiar Activities: Salaries 15-401-100-100 1,780 1,780 1,780

Total School Sponsored Cocurricular Activities 1,780 1,780 t,780

Total- Instruction 9,270 9,270 8,322 948

Total Expenditures - Current Expense 9,270 9,270 8,322 948

Total School Based Expenditures 9,270 9,270 8,322 948

Other Financing Sources/(Uses): Operating Transfer In - General Fund 15-5200-000-000 9,270 9,270 8,322 (948) Operating Transfer In - Special Revenue Fund 15-3212-000-000

Total Other Financing Sources/(Uses) 9,270 9,270 8,322 (948)

Excess/(Deficiency) of Revenues Overl(Under) Expenditures Fund Balances, July 1

Fund Balances, June 30 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ I I

I I

I I

I I E. Special Revenue Fund I I I I

I I I I I I EXHIBIT E-I (Page I of3) PEMBERTON TOWNSHIP BOARD OF EDUCATION SPECIAL REVENUE FUND COMBINING SCHEDULE OF REVENUES AND EXPENDITURES BUDGETARY BASIS FOR THE FISCAL YEAR ENDED JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

NO CHILD LEFT BEHIND

TITLE I TITLE II TITLE II TITLE I TITLE I ROLLOVER PART A ROLLOVER TITLE III PARTD Revenues: Federal Sources $ 846,552 $ 62,531 $ 219,832 $ 2,699 $ 13,553 $ 24,220

Total Revenues $ 846,552 $ 62,531 $ 219,832 $ 2,699 $ 13,553 $ 24,220

Expenditures: Instruction: Salaries of Teachers $394,424 $ 59,357 $ 179,770 $ $ $ Other Salaries for Instruction 280,533 Purchased Professional Services 23,988 General Supplies 33,314 1,631 399 11,142 232

Total Instruction 708,271 60,988 179,770 399 11,142 24,220

Support Services: Salaries of Secretarial & Clerical Assistants 23,294 1,418 Other Salaries 1,792 383 Personal Services - Employee Benefits 100,019 40,062 Purchased Professional Services 3,400 Travel 88 2,300 Miscellaneous Purchased Services 6,727 125 1,436 Supplies & Materials 2,961 592

Total Support Services 138,281 1,543 40,062 2,300 2,411

Total Expenditures $ 846,552 $ 62,531 $ 219,832 $ 2,699 $ 13,553 $ 24,220

142 EXHIBITE-I (Page 2 of3) PEMBERTON TOWNSHIP BOARD OF EDUCATION SPECIAL REVENUE FUND COMBINING SCHEDULE OF REVENUES AND EXPENDITURES BUDGETARY BASIS FOR THE FISCAL YEAR ENDED JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

ID.E.A. I.D.E.A. PARTB PARTB BASIC BASIC REGULAR I.D.E.A. MILITARY ABE - GED RACE TO REGULAR PROGRAM PRESCHOOL GRANT GRANT THE TOP PROGRAM ROLLOVER PROGRAM Revenues: Federal Sources $ 16,155 $ 50,143 $ 41,846 $ 1,478,466 $ 51,654 $ 41,848

Total Revenues $ 16,155 $ 50,143 $ 41,846 $ 1,478,466 $ 51,654 $ 41,848

Expenditures: Instruction: Salaries of Teachers $ 2,665 $ 42,735 $ $ $ $ Other Purchased Services 657 1,478,466 51,654 41,848 General Supplies 6,994 3,469

Total Instruction 10,316 46,204 1,478,466 51,654 41,848

Support Services; Salaries of Supervisors 6,434 Personal Services - Employee Bene 3,939 492 Purchased Professional Services 34,421 Supplies & Materials 499

Total Support Services 3,939 41,846

Facilities Acquisition & Construction Services: Instructional Equipment 5,839

Total Facilities Acquisition & Construction Services 5,839

Total Expenditures $ 16,155 $ 50,143 $ 41,846 $ 1,478.466 $ 51,654 $ 41,848

143 EXI-lIBIT E-1 (Page 3 of3) PEMBERTON TOWNSHIP BOARD OF EDUCATION SPECIAL REVENUE FUND COMBINING SCHEDULE OF REVENUES AND EXPENDITURES BUDGETARY BASIS FOR THE FISCAL YEAR ENDED JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

21ST PRESCHOOL CENTURY PERKINS ORAL EDUCATION GRANT VOCATIONAL HEALTH PROGRAM EE4NJ ROLLOVER GRANT GRANT 2013 2012 Revenues: State Sources $ 7,580,142 $ $ $ $ 1,125 $ 7,581,267 $ 7,947,172 Federal Sources 63,937 20,761 42,475 2,976,672 3,564,221

Total Revenues $ 7,580,142 $ 63,937 $ 20,761 $ 42,475 $ 1,125 $ 10,557,939 $11,511,393

Expenditures: Instruction: Salaries of Teachers $ 2,907,939 $ $ $ $ $ 3,586,890 $ 2,901,449 Other Salaries for Instruction 1,327,692 1,608,225 1,436,023 Purchased Professional Services 500 24,488 51,304 Other Purchased Services 17,701 1,590,326 1,555,045 General Supplies 135,095 15,532 625 208,433 301,431 Other Objects 11,480 11,480 11,668

Total Instruction 4,399,907 15,532 1,125 7,029,842 6,256,920

Support Services: Salaries of Supervisors 134,147 20,546 161,127 157,212 Salaries of Other Professional Staff 253,878 253,878 248,304 Salaries of Secretarial & Clerical Assistants 138,662 163,374 289,185 Other Salaries 711,455 713,630 707,187 Personal Services-Employee Benefi 1,343,230 1,487,742 1,126,583 Purchased Professional Services 451,920 21,665 511,406 376,118 Other Purchased Services 103,918 42,272 900 147,090 2,079,706 Travel 2,668 5,056 1,846 Miscellaneous Purchased Services 8,288 133,649 Supplies '& Materials 39,637 215 1,726 45,630 45,546 Miscellaneous Expenditures 720 720 133

Total Support Services 3,180,235 63,937 20,761 2,626 3,497,941 5,165,469

Facilities Acquisition & Construction Services: Instructional Equipment 24,317 30,156 80,309

Total Facillties Acquisition & Construction Services 24,317 30,156 80,309

Total Expenditures $ 7,580.142 $ 63937 $ 20.761 $ 42,475 $ 1.125 $ 10,557,939 $ 11,502,698

144 EXHIBITE-2 PEMBERTON TOWNSHIP BOARD OF EDUCATION SPECIAL REVENUE FUND SCHEDULE OF PRESCHOOL EDUCATION AID OF EXPENDITURES BUDGETARY BASIS FOR THE FISCAL YEAR ENDED JUNE 30, 2013

BUDGETED ACTUAL VARIANCE Expenditures: Instruction: Salaries of Teachers $ 2,908,607 $ 2,907,939 $ 668 Other Salaries for Instruction 1,336,787 1,327,692 9,095 Other Purchased Services 30,000 17,701 12,299 General Supplies 144,081 135,095 8,986 Other Objects 11,480 11,480

Total Instruction 4,430,955 4,399,907 31,048

Support Services: Salaries of Supervisors ofInstruction 134,808 134,147 661 Salaries of Other Professional Staff 253,878 253,878 Salaries of Secretarial & Clerical Assistants 138,663 138,662 I Other Salaries 714,106 711,455 2,651 Personal Services - Employee Benefits 1,920,999 1,343,230 577,769 Purchased Professional Services 451,920 451,920 Other Purchased Services 161,441 106,586 54,855 Supplies and Materials 45,897 40,357 5,540 Other Objects 3,520 3,520

Total Support Services 3,825,232 3,180,235 644,997

Total Expenditures ~ 8,256,187 $ 7,580.142 ~ 676,045

CALCULATION OF BUDGET & CARRYOVER

Total Revised 2012-2013 Preschool Education Aid Allocation $7,565,143 Add: Actual Preschool Education Aid Carryover (June 30, 2012) 147,534 Add: Additional Preschool Education Aid 21,914 Add: Excess Tuition Received 15,000

Total Preschool Education Aid Funds Available for 2012-2013 Budget 7,749,591 Less: 2012-2013 Budgeted Preschool Education Aid (hlcluding prior year budgeted carryover) (8,256,187)

Available & Unbudgeted Preschool Education Aid Funds as of June 30, 2013 (506,596) Add: June 30, 2013 Unexpended Preschool Education Aid Funds 676,045

2012-2013 Carryover - Preschool Education Aid Funds ~ 169,449

2012-2013 Preschool Education Aid Funds Carryover Budgeted in 2013-2014 $

145 F. Capital Projects Fund

EXHIBIT F-l PEMBERTON TOWNSHIP BOARD OF EDUCATION CAPITAL PROJECTS FUND SUMMARY STATEMENT OF PROJECT EXPENDITURES FOR THE FISCAL YEAR ENDED JUNE 30, 2013

UNEXPENDED EXPENDITURES TO DATE BALANCE ORIGINAL PRIOR CURRENT DEFERRED JUNE 30, PROJECT TITLE/ISSUE APPROPRIATIONS YEARS YEAR GRANT AWARD 2013

Fort Dix Elementary Phase VII, Federal Impact Classroom Additions Aid Projects $2,682,529 $ 174,205 $ 1,451,981 $ - $ 1,056,343

Pemberton High School Security System &

~ Connection of Well System Generator 1,303,135 1,205,966 23,689 73,480 -"" 0\ Total $ 1,380,171 $ 1,475,670 $ $ 1,129,823 EXHIBITF-2 PEMBERTON TOWNSHIP BOARD OF EDUCATION CAPITAL PROJECTS FUND SUMMARY SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE-BUDGETARY BASIS YEAR ENDED JUNE 30, 2013

Revenues & Other Financing Sources: Transfers $ 1,182,529

Total Revenues 1,182,529

Expenditures & Other Financing Uses: Purchased Professional & Technical Services 69,925 Construction Services 1,405,745

Total Expenditures 1,475,670

Excess/(Deficiency) of Revenues Over/(Under) Expenditures (293,141) Fund Balance - Beginning 1,422,964

Fund Balance - Ending $ 1,129,823

147 EXHIBIT F-2a PEMBERTON TOWNSHIP BOARD OF EDUCATION CAPITAL PROJECTS FUND SCHEDULE OF REVENUES, EXPENDITURES, PROJECT BALANCE AND PROJECT STATUS - BUDGETARY BASIS CLASSROOM ADDITION TO THE FORT DIX ELEMENTARY SCHOOL YEAR ENDED JUNE 30, 2013

REVISED PRlOR CURRENT AUTHORIZED PERIODS YEAR TOTALS COST Revenues & Other Financing Sources: Federal Sources - Impact Aid $ 1,500,000 $ $ 1,500,000 $ 1,500,000 Transfers 1,182,529 1,182,529 1,182,529

Total Revenl)es ] ,500,000 1,182,529 2,682,529 2,682,529

Expenditures & Other Financing Uses: Purchased Professional & Technical Services 174,205 69,925 244,130 200,000 Construction Services 1,382,056 1,382,056 1,300,000

Total Expenditures 174,205 1,451,981 1,626,186 ],500,000

Excess/(Deliciency) of Revenues Overl (Under) Expenditures $ 1,325,795 $ (269,452) $ 1,056,343

ADDITIONAL PROJECT INFORMATION

Project Number #5349A Grant Date N/A Bond Authorization Date N/A Bonds Authorized N/A Bonds Issued N/A Original Authorized Cost $1,500,000 Revised Authorized Cost $2,682,529 Percentage Increase Over Original Authorized Cost 79%

148 EXHIBIT F-2b PEMBERTON TOWNSHIP BOARD OF EDUCATION CAPITAL PROJECTS FUND SCHEDULE OF REVENUES, EXPENDITURES, PROJECT BALANCE AND PROJECT STATUS - BUDGETARY BASIS PEMBERTON HIGH SCHOOL SECURITY SYSTEM & CONNECTION OF WELL SYSTEM GENERATOR YEAR ENDED JUNE 30, 2013

REVISED PRlOR CURRENT AUTHORlZED PERlODS YEAR TOTALS COST Revenues & Other Financing Sources: State Sources - SDA Grant ...:$~_--.:cl,,,,3,,,03:2,..::13::.:5:..-:::.$ _____-"'$:..---'1"',3:..::0:.::3~, 1",3::..5 -",$~ __21 ,::..::;3 03, 135

Total Revenues 1,303,135 1,303,135 1,303,135

Expenditures & Other Financing Uses: Purchased Professional & Technical Services 167,706 167,706 167,706 Construction Services 1,038,260 23,689 1,061,949 1,135,429

Total Expenditures 1,205,966 23,689 1,229,655 1,303,135

Excess/(Deficiency) of Revenues Overl (Under) Expenditures ~$===,;;97~,~16:;;9~~$==~(~2,;;3,~6,;;,89:;,);",,;;$~===7:,::;3,f,4:,;,;8,;;,0~$~======

ADDITIONAL PROJECT INFORMATION

Project Number 4050-055-08-0HAQ Grant Date 7/1110-6/30111 Bond Authorization Date N\A Bonds Authorized N\A Bonds Issued NIA Original Authorized Cost $1,303,135 Revised Authorized Cost $1,303,135 Percentage Increase Over Original Authorized Cost Original Target Completion Date 6/30/11 Revised Target Completion Date 6/30/11

149 G. Proprietary Funds

Enterprise Funds I I

I I

I I

I I EXHIBIT G-I PEMBERTON TOWNSHIP BOARD OF EDUCATION ENTERPRISE FUND COMBINING SCHEDULE OF NET POSITION AS OF JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

SCHOOL WRAP BAKERY/ FOOD AGE AROUND CATERING ASSETS SERVICE CHILDCARE CHILDCARE PROGRAM 2013 2012

Current Assets: Cash $ $ 388,160 $ 305,482 $ 68,574 $ 762,216 $ 1,079,364 Accounts Receivable: State 1,652 1,652 859 Federal 91,975 91,975 51,320 Interfund 10,000 Inventories 106,543 106,543 80,844

Total Cunent Assets 200,170 388,160 305,482 68,574 962,386 1,222,387

Noncurrent Assets: Equipment 47,042 47,042 47,042 Accumulated Depreciation (47,042) (47,042) (47,042)

Total Noncurrent Assets

Total Assets 200,170 388,160 305,482 68,574 962,386 1,222,387

LIABILITIES

Cunent Liabilities: Cash Deficit 35,955 35,955 5,534 Interfund Payable 31,291 112,320 69,882 150,837 364,330 620,841 Accounts Payable 82 82 Accrued Salaries 9,203 21,205 15,582 45,990 29,545

Total Cunent Liabilities 76,531 133,525 85,464 150,837 446,357 655,920

NET POSITION

Unrestricted 123,639 254,635 220,018 (82,263) 516,029 566,467

Total Net Position $ 123,639 $ 254,635 $ 220,018 $ (82,263) $ 516,029 $ 566,467

150 EXHIBITG-2 PEMBERTON TOWNSHIP BOARD OF EDUCATION ENTERPRISE FUND COMBINING SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET POSITION AS OF JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

SCHOOL WRAP BAKERY/ FOOD AGE AROUND CATERING SERVICE CHILDCARE CHILDCARE PROGRAM 2013 2012 Operating Revenues: Local Sources: Daily Sales - Reimbursable Programs: School Lunch Program $ 390,037 $ $ $ $ 390,037 $ 391,239 School Breakfast Program 34,109 34,109 48,025

Total- Daily Sales - Reimbursable Programs 424,146 424,146 439,264

Daily Sales Norueimbursable Programs 64,707 64,707 121,204 Registration & Tuition 300,233 300,233 323,625 Miscellaneous 35,491 35,491 48,360 Fees 6,464 6,464 7,276

Total Operating Revenue 524,344 300,233 6,464 831,041 939,729

Operating Expenses: Salaries 1,114,399 327,799 167,539 1,609,737 1,555,264 Employee Benefits 63,000 63,000 Supplies and Materials 104,543 5,999 6,137 15,648 132,327 153,604 Miscellaneous 1,650 1,278 2,928 2,150 Cost of Sales 845,930 845,930 888,049

Total Operating Expenses 2,129,522 333,798 174,954 15,648 2,653,922 2,599,067

Operating Income/( Loss) (1,605,178) (33,565) (174,954) (9,184) (1,822,881) (1,659,338)

Nonoperating Revenues: Interest Income 15 State Sources: State School Lunch Program 25,363 25,363 25,254 W ACC Program 167,911 167,911 141,612 Federal Source: School Breakfast Program 284,828 284,828 259,481 National School Lnnch Program 1,074,839 1,074,839 996,028 Snack Program 41,297 41,297 36,971 Food Distribution Program 178,205 178,205 157,559

Total Nonoperating Revenues 1,604,532 167,911 1,772,443 1,616,920

Net Income/(Loss) (646) (33,565) (7,043) (9,184) (50,438) (42,418) Net Position - Beginning 124,285 288,200 227,061 (73,079) 566,467 608,885

Total Net Position - Ending ~ 123,639 ~ 254,635 ~ 220,018 $ (82,263) ~ 516,029 $ 566,467

151 EXHIBIT G-3 PEMBERTON TOWNSHIP BOARD OF EDUCATION ENTERPRISE FUND COMBINING SCHEDULE OF CASH FLOWS AS OF JUNE 30, 2013 (\\lith Comparative Totals for June 30, 2012)

SCHOOL WRAP BAKERY/ FOOD AGE AROUND CATERING SERVICE CHlLDCARE CHILD CARE PROGRAM 2013 2012 Cash Flows From Operating Activities: Receipts from Customers $ 686,850 $ 300,233 $ $ 6,464 $ 993,547 $ 1,114,501 Payments to Employees (1,176,570) (313,256) (166,466) (1,656,292) (1,570,575) Payments to Suppliers (952,041) (5,999) (7,415) (15,648) (981,103) (1,062,824)

Net Cash Providedl(Used) by Operating Activities (1,441,761) (19,022) (173,881) (9,184) (1,643,848) (1,518,898)

Cash Flows From Noncapital Financing Activities: Cash Received From Board Contributions 26,461 (191,444) (107,176) 15,648 (256,511) 134,475 Cash Received From State & Federal Reimbursements 1,384,879 167,911 1,552,790 1,503,313

Net Cash Provided by Noncapital Financing Activities 1,411,340 (191,444) 60,735 15,648 1,296,279 1,637,788

Cash Flows From Investing Activities: Cash Received Interest Earnings 15

Net Cash Provided by Investing Activities 15

Net Increase/(Decrease) in Cash & Cash Equivalents (30,421) (210,466) (113,146) 6,464 (347,569) 118,905 Balances - Beginning of Year (5,534) 598,626 418,628 62,110 1,073,830 954,925

Balances - Ending of Year $ (35,955) $ 388,160 $ 305,482 $ 68,574 $ 726,261 $ 1,073,830

Reconciliation of Operating Income/(Loss) to Net Cash Provided/(Used) by Operating Activities:

Operating Income!(Loss) $(1,605,178) $ (33,565) $ (174,954) $ (9,184) $(1,822,881) $ (1,659,338) Ad.iustments to Reconcile Operating Income! (Loss) Ito Net Cash Provided/(Used) by Operating Activities: Food Distribution Program 178,205 178,205 157,559 Change in Assets & Liabilities: (Increase)lDecrease in Accounts Receivable 10,000 10,000 (10,000) (Increase)/Decrease in Inventory (25,699) (25,699) 27,213 (Decrease)!Increase in Accounts Payable 82 82 (19,021) (Decrease)lIncrease in Accrued Salaries 829 14,543 1,073 16,445 05,311)

Total Adjustments 163,417 14,543 1,073 179,033 140,440

Net Cash Providedl(Used) by Operating Activities $ (1.441.761) $ (19,022) $ (173.881) $ (9,184) $ (1,643,848) $ (1.518.898)

152

Internal Service Fund I I

I I

I I

I I

I I

I I

I I EXHIBIT 0-4 PEMBERTON TOWNSHIP BOARD OF EDUCATION INTERNAL SERVICE FUND COMPARATIVE SCHEDULE OF NET POSITION AS OF JUNE 30, 2013 (With Comparative Totals for Juue 30, 2012)

COMMUNITY WORKERS ASSETS SERVICES COMPENSATION 2013 2012

Current Assets: Cash $ $ 16,371 $ 16,371 $ 19,572 Due from Vendors 5,751 5,751

Total Assets 5,751 16,371 22,122 19,572

LIABILITIES

Cunent Liabilities: Due to Vendors 2,967 Interfund Payable 5,751 5,751 234

Total Current Liabilities 5,751 5,751 3,201

NET POSITION

Reserved Net Position 16,371 16,371 16,371

Total Net Position $ $ 16,371 $ 16,371 $ 16,371

153 EXHIBIT G-5 PEMBERTON TOWNSHIP BOARD OF EDUCATION INTERNAL SERVICE FUND COMBINING SCHEDULE OF REVENUES, EXPENSES AND CHANGES IN FUND NET POSITION AS OF JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

WORKERS COMPENSATION 2013 2012 Operating Revenues: Fees $ $ $

Total Operating Revenue

Operating Expenses: Miscellaneous

Total Operating Expenses

Operating Income/( Loss)

Net Income/(Loss) Net Position - Beginning 16,371 16,371 16,371

Total Net Position - Ending $16,371 16,371 16,371

154 EXHIBIT G-6 PEMBERTON TOWNSHIP BOARD OF EDUCA nON INTERNAL SERVICE FUND COMBINING SCHEDULE OF CASH FLOWS AS OF JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

COMMUNITY WORKERS SERVICES COMPENSATION 2013 2012 Cash Flows From Operating Activities: Receipts from Customers $ (5,751) $ $ (5,751) $ 5,339 Payments to Suppliers 2,550 2,550 (5,086)

Net Cash Provided/(Used) by Operating Activities (3,201) (3,201) 253

Net Increase/(Decrease) in Cash & Cash Equivalents (3,201) (3,201) 253 Balances - Beginning of Year 3,201 16,371 19,572 19,319

Balances - Ending of Year $ $ 16,371 $ 16,371 $ 19,572

Reconciliation of Operating Income/(Loss) to Net Cash Provided/(Used) by Operating Activities:

Operating Income/(Loss) $ - $ - $ - $ Adjustments to Reconcile Operating Income/ (Loss) to Net Cash Provided/(Used) by Operating Activities: Change in Assets & Liabilities: Decrease/(Increase) in Accounts Receivable (5,751) (5,751) 5,339 (Decrease)lInerease in Accounts Payable 2,550 2,550 (5,086)

Total Adjustments (3,201) (3,201) 253

Net Cash Provided/(Used) by Operating Activities $ (3,201) ~ (3,201) $ 253

155

H. Fiduciary Fund I I

I I

I I

I I

I I

I I EXHIBIT H-l PEMBERTON TOWNSHIP BOARD OF EDUCATION FIDUCIARY FUNDS COMBINING STATEMENT OF FIDUCIARY NET POSITION JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

PRIVATE PURPOSE UNEMPLOYMENT FLEXIBLE AGENCY COMPENSATION SPENDING STUDENT PAYROLL ASSETS TRUST TRUST ACTIVITY AGENCY 2013 2012

Cash & Cash Equivalents $ 450,774 $ 26,299 $ 337,485 $ 849,596 $ 1,664,154 $ 1,545,546

Total Assets 450,774 26,299 337,485 849,596 1,664,154 1,545,546

LIABILITIES

Payroll Deductions & Withholdings 558,058 558,058 492,418 Due to Student Groups 337,485 337,485 317,293 Interfunds Payable 21,000 291,538 312,538 287,564

Total Liabilities 21,000 337,485 849,596 1,208,081 1,097,275

NET POSITION

Reserve For: Unemployment Compensation 450,774 450,774 446,786 Flex Spending 5,299 5,299 1,485

Total Net Position $ 450,774 $ 5,299 $ $ $ 456,073 $ 448,271

156 EXHIBITH-2 PEMBERTON TOWNSHIP BOARD OF EDUCATION FIDUCIARY FUNDS COMBINING STATEMENT OF CHANGES IN FIDUCIARY NET POSITION FOR THE YEAR ENDED JUNE 30, 2013 (With Comparative Totals for June 30, 2012)

PRIVATE PURPOSE UNEMPLOYMENT FLEXIBLE COMPENSATION SPENDING ADDITIONS TRUST TRUST 2013 2012

Contributions: Other $ 98,046 $ 47,966 $ 146,012 $ 239,748

Total Contributions 98,046 47,966 146,012 239,748

Investment Earnings: Interest 8

Net Inveshnent Earnings 8

Total Additions 98,046 47,966 146,012 239,756

DEDUCTIONS

Unemployment Claims 94,058 94,058 199,784 Miscellaneous 44,152 44,152 48,191

Total Deductions 94,058 44,152 138,210 247,975

Change in Net Position 3,988 3,814 7,802 (8,219) Net Position - Beginning oflhe Year 446,786 1,485 448,271 456,490

Net Position - End of the Year $ 450,774 $ 5,299 $ 456,073 $ 448,271

157 EXHIBITH-3 PEMBERTON TOWNSHIP BOARD OF EDUCATION STUDENT ACTIVITY AGENCY FUND SCHEDULE OF RECEIPTS AND DISBURSEMENTS FOR THE YEAR ENDED JUNE 30, 2013

BALANCE BALANCE JULY 1, CASH CASH JUNE 30, 2012 RECEIPTS DISBURSEMENTS 2013

Elementary School Fund $ 57,110 $ 9,462 $ 8,114 $ 58,458 Newcomb School Fund 556 10,519 9,344 1,731 Assembly Fund 31,852 89,746 89,010 32,588 Helen Fort Middle School Fund 56,536 72,881 73,030 56,387 High School Activities Fund 191,239 288,821 291,739 188,321

Total $ 337,293 $ 471,429 $ 471,237 $ 337,485

EXHIBITH-4 PAYROLL AGENCY FUND SCHEDULE OF RECEIPTS AND DISBURSEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2013

BALANCE BALANCE JULY I, JUNE 30, ASSETS 2012 ADDITIONS DELETIONS 2013

Cash & Cash Equivalents $ 748,982 $ 70,599,875 $ 70,499,261 $ 849,596

Total Assets $ 748,982 $ 70,599,875 $ 70,499,261 $ 849,596

LIABILITIES

Payroll Deductions & Withholdings $ 492,418 $ 70,478,471 $ 70,412,831 $ 558,058 Interfunds Payable 256,564 121,404 86,430 291,538

Total Liabilities $ 748,982 $ 70,599,875 $ 70,499,261 $ 849,596

158

1. Long-Term Debt

Not Applicable I I

I I

I I

I I STATISTICAL SECTION (Unaudited) I I

I I

I I

I I EXHIBIT J-1 PEMBERTON TOWNSIllP SCHOOL DISTRICT NET POSITION BY COMPONENT LAST TEN FISCAL YEARS (Accrual Basis ofAccounting)

FISCAL YEAR ENDING JUNE 30, 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004

Governmental Activities Inves1ed in Capital Assets, Net afRelated Debt $ 62,563,143 $ 60,738,010 $34,204,653 $33,741,160 $33,042,463 $32,955,859 $32,540,639 $31,090,129 $31,654,317 $ 30,092,227 Restricted 6,482,177 7,782,531 5,912,442 10,890,620 8,498,435 7,228,353 4,097,077 1,169,496 6,886,409 10,331,411 Unrestricted 652,893 562,719 (1,909,8~ (7,935,126)~5,374,947) ~035,6M2 @2,145L (833,831) (2,864,046) (5,670,891)

Total Governmental Activities Net Position $ 69,698,213 $ 69,083,260 $38.207,275 $36,696,654 $36165,951 $39,148,548 $36,005,571 $31,425,794 $35,676,680 $ 34,752,747

Business-Type Activities Invested in Capital Assets, Net of Related Debt $ $ $ $ $ $ $ $ $ $ 75 Unrestricted $516,029 566,467 608,885 648,600 521,191 586,899 ~2,321 438,416 36,425 117,766 -U> '-D Total Business-Type Activities Net Position $ 516,029,$ 566,467 $ 608,885 $ 648,600 $ 521,191 $ 586,899 $ 482321 $ 438.416 $ 36,425 $ 117841

District-Wide Invested in Capital Assets, Net of Related Debt $ 62,563,143 $ 60,738,010 $ 34,204,653 $ 33,741, 160 $ 33,042,463 $ 32,955,859 $ 32,540,639 $ 31,090,129 $ 31,654,317 $ 30,092,302 Restricted 6,482,177 7,782,531 5,912,442 10,890,620 8,498,435 7,228,353 4,097,077 1,169,496 6,886,409 10,331,411 Unrestricted 1,168,922 1,129,186 (1,300,935) , (7,286,526) (4,853,756)-----.f448,765) --.fl49,8:1<\L (395,415)_(2,827,621) ,.J5,553,125)

Total District Net Position $ 70.214,242 $ 69,649,727 $38,816,160 $37,345,254 $36,687,142 $39,735,447 $36,487,892 $31,864,210 $35,713,105 $ 34,870,588 EXHIBIT J-2 (Page I of3) PEMBERTON TOWNSHIP SCHOOL DISTRICT CHANGES IN NET POSITION - (ACCRUAL BASIS OF ACCOUNTING) LAST TEN FISCAL YEARS

FISCAL YEAR ENDING JUNE 30, 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 Expenses: Governmental Activities Instruction: Regular $ 32,457,804 $ 31,694,924 $ 31,421,219 $ 33,250,372 $ 35,250,969 $ 33,884,098 $ 33,549,202 $ 33,263,428 $ 34,157,271 $ 30,688,156 Special Education 9,176,843 9,143,584 8,957,639 9,260,239 9,277,332 9,367,838 8,912,904 8,982,209 8,630,885 7,703,860 Other Special Education 1,301,107 1,254,266 1,300,228 1,439,822 1,608,798 1,482,777 454,829 2,057,210 1,823,993 1,537,765 Other Instruction 1,407,040 1,462,512 1,617,152 1,712,781 749,798 756,520 711,039 759,252 777,322 752,295 Support Services: Tuition 3,672,350 3,611,828 3,456,699 3,561,682 3,880,611 3,354,116 4,178,762 4,740,456 4,222,086 4,698,636 Student & Instruction Related Services 14,707,890 16,744,012 15,996,299 15,976,027 13,232,882 13,785,184 13,576,351 15,061,082 13,662,757 12,708,079

~ School Administrative Services 3,040,323 3,088,264 3,462,198 3,760,085 3,685,971 3,563,068 3,486,203 3,574,211 3,764,635 3,644,849 0\o General & Business Administrative Services 2,730,855 2,593,517 2,488,664 2,656,381 2,603,884 2,815,141 2,560,258 2,713,460 2,817,531 3,256,672 Plant Operations & Maintenance 7,395,336 8,970,741 8,112,767 7,955,665 9,355,413 8,522,075 7,684,508 7,545,846 7,083,893 6,809,560 Pupil Transportation 4,788,298 4,650,678 4,365,013 4,355,214 4,467,287 4,60I,l91 4,385,061 4,168,020 3,996,661 3,673,235 Unallocated Benefits 33,046,429 29,402,344 27,594,376 25,217,716 26,186,848 28,006,063 27,477,276 22,403,434 19,422, I 78 17,942,169 Special Schools 15,671 15,015 15,562 14,156 15,652 8,641 25,624 167,152 274,379 242,397 Transfer to Charter School 1,311,774 1,120,298 609,916 Capital Expended on Federal Property 182,104 1,940,609 614,836 482,045 1,167,544 1,027,841 305,115 1,078,869 1,580,006 Interest on Long-Term Debt 7,125 63,875 118,187 167,057 210,982 250,982 288,968 Unallocated Workers' Compensation Claims 93 Unallocated Compensated Absences 95,680 135,579 (317,955) 3,504,568 555,096 53,33 I 200,835 Unallocated Disposal afFixed Assets 433,818 1,324,978 (959,395) 878,337 Unallocated Depreciation 2,491,340 3,082,722 2,071,464 2,864,817 2,086,435 2,033,914 1,672,030 1,839,338 1,458,850 1,508,858

Total Governmental Activities Expenses 117,638,740 117,152,388 113,091,850 116,585,304 113,502,896 114,791,335 108,909,550 108,669,533 103,475,716 97,236,340

Business-Type Activities: Enterprise Funds 2,653,922 2,599,067 2,603,417 2,697,779 2,807,378 2,702,317 2,948,495 3,216,562 2,977,880 3,104,658 Internal Service Fund 4,495

Total Business-Type Activities Expense 2,253,922 2,599,067 2,603,4J'L 2,69U79 2,§07,378 _ 2,702,3~ 2,948,495 3,216,562 2,977,880 ,3,109,153

Total District Expenses $ 120292662 $ 119751455 $ 115695267 $ 119283083 $ 116310274 $ 117493652 $ 111 858045 $ III 886 095 $ 106453596 $ 100345493 EXHIBIT 1,2 (Page 2 on) PEMBERTON TOWNSHIP SCHOOL DISTRICT CHANGES IN NET POSITION, (ACCRUAL BASIS OF ACCOUNTING) LAST TEN FISCAL YEARS

FISCAL YEAR ENDING JUNE 30, 2013 2012 20ll 20IO 2009 2008 2007 2006 2005 2004 Program Revenues: Governmental Activities: Operating Grants & Contributions $ 1 I,I83,650 $ 12,854,533 $ 12,474,384 $ 11,638,256 $ 9,572,628 $ IO,306,833 $ 9,996,801 $ 8,974,847 $ 9,985,774 $ 9,359,446

Total Governmental Activities Program Revenues ll,IB;l,650 __ 12,854533 12,474,384 11,638,256__ 9,572,628 __ ,lIl,306,8lL ,2,296,80 I 8,914,847 9,985,774 9,359,446

Busilless~ Type Activities: Charges for Services: Enterprise Funds 831,041 939,729 942,403 1,044,802 1,029,383 1,055,025 1,342,265 1,438,595 I,446,412 I,648,563 Operating Grants & Contributions I,772,443 1,616,920 1,62I,l99 _ 1,780,3,1>6_1,712,287 1,55I,870 __I_,450JlL _ 1,503,63_1_ 1266,516 __ 1,038,331 0,- -Total Business Type Activities Program Revenues 2,603,484 2,556,649 2,563,702 2,825,188 2,741,670 2,606,895 2,792,400 2,942,226 2,712,928 2,686,894

Total District Program Revenues $ 13787134 $ 15,4ll,I82 $ 15038_086 $ 14463444 $ 12314298 $ 12913728 $ 12,789201 $ ll917073 $ 12698702 $ 12046340

Net (Expensc)lRevenue: Governmental Activities $(106,455,090) $(104,297,855) $(I00,617,466) $ (104,947,048) $ (I03,930,268) $ (I04,484,502) $ (98,912,749) $ (99,694,686) $ (93,489,942) $ (87,876,894) Busincss~ Type Activities {i0,438) __ (42"418) (39,715) 127,409 (65,708) (95,4211.056,095)_ (214,336) (264,952) (422,259)

Total District~Wide Net Expense $(106505528) $(104,340,273) $(100657,181) $ (104 819,639) $ (103 995 976) $ (104 579 924) $ (99,068844) $ (99969.022) $ (93754894) $ (88299,I53) EXHIBIT J-2 (Page 3 ofJ) PEMBERTON TOWNSIIIP SCHOOL DISTRICT CHANGES IN NET POSITION - (ACCRUAL BASIS OF ACCOUNTING) LAST TEN FISCAL YEARS

FISCAL YEAR ENDING JUNE 30, 2013 2012 20ll 2010 2009 2008 2007 2006 2005 2004 General Revenues & Other Changes in Net Position: Governmental Activities: Property Taxes Levied for General Purposes, Net $ 12,196,428 $ 1l,957,283 $ 1I,957,283 $ 1I,957,283 $ 10,953,343 $ 10,953,343 $ 10,532,061 $ 10,532,061 $ 10,532,061 $ 10,532,061 Taxes Levied for Debt Service 504,003 506,083 505,130 504,079 455,527 493,752 Unrestricted Grants & Contributions 93,560,166 96,929,715 88,420,378 92,213,977 87,184,141 93,071,723 90,471,294 83,296,814 81,867,661 74,130,842 Tuition 351,241 367,462 458,640 201,927 2,120,185 1,784,303 1,035,401 1,036,610 861,678 833,013 Miscellaneous Income 776,356 675,570 1,291,786 363,577 1,216,444 1,494,474 889,393 432,367 1,336,01l 612,258 Reduction of Compensated Absences 18,505 260,298 366,748 Contribution from Pemberton Borough 185,852 25,261,000 236,984

~ Transfers (200,000) (200,000) (676,327) (200,000) (1,087,966) 0\ Loss on Disposal of Capital Assets (17,190) N

Total Governmental Activities 107,Q70,043 )15,173,840 102,128,087 105,477,751 101,980,196 ~7,627,478_ 103,492,526 95,443,B00 94,397,411 85,513,960

Business-Type Activities: Transfers 200,000 200,000 676,327 200,000 1,087,966

Total Business-Type Activities 200,000 200,000 676,327 200,000 1,087,966

Total District-Wide $ 107070043 $ 135173,840 $ 102128087 $ 105477,751 $ 101980,196 $ 107,827478 $ 103692526 $ 96120127 $ 94597411 $ 86601926

Change in Net Position: Governmental Activities $ 614,953 $ 30,875,985 $ 1,510,621 $ 530,703 $ (1,950,072) $ 3,142,976 $ 4,579,777 $ (4,250,886) $ 907,469 $ (2,362,934) Business-Type Activities (50,438) (42,418) (39,715) 127,409 (65,708)__ 104,~ 43,905 401,991 (64,952) 665,707

Total District $ 564,515~0,833,56L.Ji 1,470,90-"- $ 658,~1I2 $ (z'QI5,780) $ _,3,247,554$ 4,623,682 $ (3,848,B95) $ 8.'\2,517 $D,697,227) EXHIBIT J-3 PEMBERTON TOWNSHIP SCHOOL DISTRICT FUND BALANCES AND GOVERNMENTAL FUNDS LAST TEN FISCAL YEARS (Modified Accrual Basis ofAccounting)

FISCAL YEAR ENDING JUNE 30, 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004

General Fund: Restricted $ 11,246,135 $10,948,689 $ 7,896,071 $ 9,737,997 $ 9,367,219 $ 7,424,783 $ 4,080,706 $ 1,153,123 $ 1,820,783 $ 4,750,987 Assigned To 647,611 593,729 (3,054,971) (2,887,993) 1,095,463 2,003,899 2,200,203 5,689,000 3,151,608 Unassigned (55,609) ...

Total General Fund $ 11,190,526 $11,596,300 $ 8,489,800 $ 6,683,026 $ 6,479,226 $ 8,520,246 $ 6,084,605 $ 3,353,326 $ 7,509,783 $ 7,902,595

All Other Governmental Funds: 0\ Assigned To -w Other Purposes $ 577,874 $ 49,483 $ 89,183 $ $ $ $ $ $ $ Restricted Special Revenue Fund (451,082) (64,636) (203,099) (207,539) (64,636) (64,636) Debt Service Fund 2 45,905 545,330 Capital Projects 551,949 1,373,481 15,885 1,169,597

Total All Other Governmental Funds $ 678,741 $ 1,422,964 $ 105,068 $ 1,169,597 $ - $ (64,636) $J203,09J!) $ (20'7,537) $_ (18,731) $ 480,694 EXHIBIT J-4 (Page lof2) PEMBERTON TOWNSHIP SCHOOL DISTRICT CHANGES IN FUND BALANCES, GOVERNMENTAL FUNDS, LAST TEN FISCAL YEARS (Modified Accrual Basis ofAccounting)

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 Revenues: Tax Levy $ 12,196,428 $ 11,957,283 $ 11,957,283 $ 12,461,286 $ 11,459,426 $ 11,458,473 $ 11,036,140 $ 10,987,588 $ 10,532,061 $ 11,025,813 Tuition Charges 351,241 367,462 458,640 201,927 2,120,185 1,784,303 1,035,401 1,036,610 861,678 833,013 Transportation Charges 76,705 66,924 88,350 118,744 221,761 208,609 113,889 Miscellaneous 699,651 608,646 1,203,436 244,833 994,683 1,285,865 775,504 432,367 1,336,011 612,258 State Sources 100,218,715 100,473,853 93,651,633 89,712,178 91,775,822 97,597,570 94,921,554 87,814,280 85,841,018 77,348,295 Federal Sources 4,525,101 9,310,395 7,243,129 14,140,055 4,980,947 5,780,286 _2,546,54L 4,457,381 _6,012,4}L 6,141,993

Total Revenue 118,067,841 122,784,563 114,602,471 l16,879,023 111,552,824 118,115,806 1l1429,029 104,728,226 _~4,583,185 _95,961,372

~ 0\ Expenditures: .,. Instruction: Regular Instruction 32,457,804 31,694,924 31,421,219 33,250,372 35,250,969 33,884,098 33,549,202 33,263,428 34,157,271 30,688,156 Special Education Instruction 9,176,843 9,143,584 8,957,639 9,260,239 9,277,332 9,367,838 8,912,904 8,982,209 8,630,885 7,703,860 Other Special Instruction 1,301,107 1,254,266 1,300,228 1,439,822 1,608,798 1,482,777 454,829 2,057,210 1,823,993 1,537,765 Other Instruction 1,407,040 1,462,512 1,617,152 1,712,781 749,798 756,520 711,039 759,252 777,322 752,295 Support Services: Tuition 3,672,350 3,611,828 3,456,699 3,561,682 3,880,611 3,354,l16 4,178,762 4,740,456 4,222,086 4,698,636 Attendance 237,278 245,694 405,740 593,474 546,370 536,556 469,377 393,006 180,005 114,756 Health Services 1,203,830 1,212,617 1,187,736 1,023,907 1,124,775 1,103,994 1,021,736 1,137,963 980,061 961,892 Student & Instruction Related Services l1,371,643 12,965,520 12,015,356 12,157,710 9,149,634 9,475,044 10,006,612 10,720,074 10,207,156 9,469,024 Educational Media Services/ School Library 1,895,139 2,320,181 2,387,467 2,200,936 2,412,103 2,669,590 2,078,626 2,810,039 2,295,535 2,162,407 School Administrative Services 3,040,323 3,088,264 3,462,198 3,760,085 3,685,971 3,563,068 3,486,203 3,574,211 3,764,635 3,644,849 Other Administrative Services 860,855 755,241 714,753 751,410 727,600 1,090,035 908,807 985,750 1,031,152 3,256,672 Central Services 1,273,207 1,282,789 1,204,954 1,326,324 1,358,612 1,242,527 1,198,325 1,285,726 1,370,231 Administrative Information Technology 596,793 555,487 568,957 578,647 517,672 482,579 453,126 441,984 416,148 Plant Operations & Maintenance 7,395,336 8,970,741 8,l12,767 7,955,665 8,220,089 8,522,075 7,684,508 7,545,846 7,083,893 6,809,560 Pupil Transportation 4,788,298 4,650,678 4,365,013 4,355,214 4,467,287 4,601,191 4,385,061 4,168,020 3,996,661 3,673,235 Employee Benefits 33,081,926 29,456,155 27,581,304 27,159,518 26,661,027 28,122,647 27,593,860 22,680,154 19,698,898 18,218,889 EXHIBIT J-4 (page 2 of2) PEMBERTON TOWNSHIP SCHOOL DISTRICT CHANGES IN FUND BALANCES, GOVERNMENTAL FUNDS, LAST TEN FISCAL YEARS (Modified Accrual Basis ofAccounting)

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 Expenditures (continued): Capital Outlay 4,130,621 4,554,373 4,475,566 3,187,168 2,415,408 3,621,656 1,920,986 1,238,602 2,924,809 2,570,739 Special Schools 15,671 15,015 15,562 14,156 15,652 8,641 25,624 167,152 274,379 242,397 Debt Service: Principal 1,425,000 1,375,000 1,320,000 1,270,000 1,220,000 1,175,000 1,125,000 Interest & Other Charges 28,500 84,500 136,750 183,725 226,080 265,302 302,679

Total Expenditures 117,906,064 117,239,869 113,250,310 _JI5,742,610 113,?:29,208 _115,341,702 110,493,312 108,397,162 105,275,422 97,932,811

Excess (Deficiency) of Revenues ry, Over/(Under) Expenditures 161,777 5,544,694 1,352,161 1,136,413 (1,276,384L 2,774,104 2,935,717 _ (3,668,936) (692,237) (1,971,439) V> Other Financing Sources/(Uses): Transfers Out (1,311,774) (1,120,298) (609,916) (200,000) (200,000) (676,327) (200,000) (1,087,966) Pemberton Borough Merger 236,984

Total Other Financing Sources/(Uses) (1,311,774) (1,120,298) (609,916) 236,984 (200,000) (200,000) (676,327) (200,000) (1,087,966)

Net Change in Fund Balances $ (1,149,997) $ 4.424,396 $ 742,245 $ 1.373,397 $ (1,976,384) $ 2.574,104 $ 2,735,717 $ (4,345,263) $ (892.237) $ 13,059.405)

Debt Service as a Percentage of Noncapital Expenditures 1.3% 1.3% 1.3% 1.3% 1.3% 1.4% 1.5%

Source: District records EXHIBIT J-5 PEMBERTON TOWNSHIP SCHOOL DISTRICT GENERAL FUND-OTHERLOCALREVENUE BY SOURCE LAST TEN FISCAL YEARS (Modified Accrual Basis ofAccounting)

FISCAL INTEREST YEAR ENDING ON PRIOR YEAR JIFRESERVE JUNE 30, INVESTMENTS REFUNDS RETURNED MISCELLANEOUS TOTAL

2013 $ 4,607 $ $ $ 695,044 $ 699,651 2012 694 211,055 396,897 608,646 2011 13,847 118,863 967,668 103,058 1,203,436 2010 8,896 159,601 76,336 244,833 2009 89,346 181,522 595,714 866,582 2008 346,070 642,098 297,697 1,285,865 2007 306,522 550,224 178,655 1,035,401 2006 227,096 30,065 175,206 432,367 2005 140,978 993,158 201,875 1,336,011 2004 57,266 80,542 474,450 612,258

Source: District records

166 EXHIBIT J-6 PEMBERTON TOWNSHIP SCHOOL DISTRICT ASSESSED VALUE AND ACTUAL VALUE OF TAXABLE PROPERTY, LAST EIGHT FISCAL YEARS

FISCAL TOTAL YEAR TOTAL NET DIRECT ENDED VACANT FARM ASSESSED PUBLIC VALUATION SCHOOL JUNE 30, LAND RESIDENTIAL REG. QFARM COMMERCIAL INDUSTRIAL APARTMENT VALUE UTILITIES TAXABLE TAX RATE

2012 14,564,100 773,718,600 14,068,500 3,062,800 56,636,435 1,762,300 18,638,200 882,450,935 1,702,734 884,153,669 1.290 2011 16,665,000 769,071,100 14,460,100 3,103,500 50,925,435 1,917,900 18,876,300 875,019,335 1,966,913 876,986,248 1.255 2010 17,180,000 767,248,800 14,739,600 3,127,400 53,970,435 3,492,900 18,876,300 878,635,435 2,264,735 880,900,170 1.274 2009 17,486,500 764,456,250 14,573,500 3,004,600 55,505,735 4,323,800 18,876,300 878,226,685 2,241,331 880,468,016 1.301 2008 18,748,150 760,916,850 14,665,000 3,003,400 56,224,435 4,323,800 18,876,300 876,757,935 2,137,884 878,895,819 1.303 2007 19,737,250 757,657,050 13,831,200 2,923,900 56,509,935 4,323,800 18,876,300 873,859,435 2,303,257 876,162,692 1.285 2006 19,319,800 743,061,601 14,719,100 3,209,000 49,085,635 4,323,800 18,876,300 852,595,236 2,531,190 855,126,426 1.279 2005 18,769,200 733,607,200 15,846,400 3,489,300 53,589,720 4,321,700 18,876,300 848,499,820 3,197,585 851,697,405 1.274

~ --.} Real property is required to be assessed at some percentage of true value (fair or lUm-ket value) established by each county board of taxation. Reassessment occurs when ordered by the County Board of Taxation a. Taxable Value of Machinery, Implements and Equipment of Telephone, Telegraph and Messenger System Companies b. Tax rates arc per $100 EXHIBIT J-7 PEMBERTON TOWNSHIP SCHOOL DISTRICT DIRECT AND OVERLAPPING PROPERTY TAX RATES LAST NINE FISCAL YEARS (Rate per $100 ofAssessed Value)

FISCAL SCHOOL DISTRICT OVERLAPPING RATES TOTAL YEAR DIRECT RATE TOWNSHIP COUNTY DIRECT AND ENDED LOCAL TOTAL OF BURLINGTON COUNTY OPEN OVERLAPPING JUNE 30, SCHOOL DIRECT PEMBERTON COUNTY LIBRARY SPACE TAX RATE

2013 1.290 1.290 1.572 0.596 0.055 0.027 3.540 2012 1.270 1.270 1.553 0.554 0.055 0.071 3.503 2011 1.255 1.255 1.524 0.569 0.055 0.073 3.476 2010 1.274 1.274 1.458 0.599 0.057 0.077 3.465 2009 1.301 1.301 1.459 0.609 0.058 0.079 3.506 2008 1.303 1.303 1.394 0.614 0.057 0.077 3.445 2007 1.285 1.285 1.386 0.609 0.058 0.072 3.410 2006 1.279 1.279 1.378 0.552 0.050 0.060 3.319 2005 1.274 1.274 1.378 0.496 0.044 0.052 3.244

Source: Municipal Tax Collector

168 EXHIBIT J-8 PEMBERTON TOWNSHIP SCHOOL DISTRICT PRINCIPAL PROPERTY TAX PAYERS, CURRENT YEAR AND NINE YEARS AGO

2012 2003 % OF TOTAL % OF TOTAL TAXABLE DISTRICT NET TAXABLE DlSTRJCT NET ASSESSED ASSESSED ASSESSED ASSESSED Taxpayer VALUE RANK VALUE VALUE RANK VALUE

Lake Valley Assoc $9,999,900 1.13% Ocean Hea1thcare Partners 6,276,400 2 0.71% Supervalue Advantage 3,500,000 3 0.40% Pine Grove Plaza 3,421,200 4 0.39% NOT AVAILABLE Belaire Trailer Park 2,650,600 5 0.30% Taxpayer #1 2,100,000 6 0.24% Pemberton Fanns Assoc 2,008,100 7 0.23% Paradise Lane Assoc 1,890,000 8 0.21% Pine View Terrace 1,800,000 9 0.20% Verizon 1,702,734 10 0.19%

Total $35,348,934 4.00%

Source: Municipal Tax Assessor

169 EXHIBIT J-9 PEMBERTON TOWNSHIP SCHOOL DISTRICT PROPERTY TAX LEVIES AND COLLECTIONS LAST TEN FISCAL YEARS

FISCAL TAXES COLLECTED WITHIN THE FISCAL YEAR LEVIED FOR YEAR OF THE LEVY ENDED THE FISCAL PERCENTAGE JUNE 30, YEAR AMOUNT OF LEVY

2013 $12,196,428 12,196,428 100,00% 2012 11,957,283 11,957,283 100.00% 2011 11,957,283 11,957,283 100.00% 2010 12,461,286 12,461,286 100.00% 2009 11,459,426 11,459,426 100.00% 2008 11,458,473 11,458,473 100.00% 2007 11,036,140 11,036,140 100.00% 2006 10,987,588 10,987,588 100.00% 2005 10,532,061 10,532,061 100.00% 2004 11,025,813 11,025,813 100.00%

Source: District records including the Certificate and Report of School Taxes (A4F fonn)

EXHIBIT J-10 RATIOS OF OUTSTANDING DEBT BY TYPE LAST NINE FISCAL YEARS

GOVERNMENTAL ACTIVITIES FISCAL YEAR GENERAL CERTIFICATES ENDED OBLIGATION OF TOTAL JUNE 20, BONDS PARTICIPATION DISTRICT PERCAPlTA

2010 N/A N/A N/A N/A 2009 1,425,000 N/A 1,425,000 51 2008 2,800,000 N/A 2,800,000 100 2007 4,120,000 N/A 4,120,000 147 2006 5,390,000 N/A 5,390,000 191 2005 6,610,000 N/A 6,610,000 229 2004 7,785,000 N/A 7,785,000 276 2003 8,910,000 N/A 8,910,000 309 2002 10,000,000 N/A 10,000,000 348

EXHIBIT J-11 RATIOS OF NET GENERAL BONDED DEBT OUTSTANDING LAST SIX FISCAL YEARS

GENERAL BONDED DEBT OUTSTANDING NET PERCENTAGE FISCAL GENERAL OF ACTUAL YEAR GENERAL BONDED TAXABLE ENDED OBLIGATION DEBT VALUE OF IUNE30, BONDS OUTSTANDING PROPERTY PER CAPITA

2010 N/A N/A N/A N/A 2009 1,425,000 1,425,000 0.17% 51 2008 2,800,000 2,800,000 0.32% 100 2007 4,120,000 4,120,000 0.48% 147 2006 5,390,000 5,390,000 0.63% 193 2005 6,610,000 6,610,000 0.78% 229

170 EXHIBIT J-12 PEMBERTON TOWNSHIP SCHOOL DISTRICT RATIOS OF OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT AS OF JUNE 30, 2013

ESTIMATED SHARE OF DEBT PERCENTAGE OVERLAPPING GOVERNMENTAL UNIT OUTSTANDING APPLICABLE DEBT

Debt Repaid With Property Taxes: Pemberton Township $22,766,201 100.00% $ 22,766,201 Burlington County 336,576,327 3.31% 11,140,676

Subtotal, Overlapping Debt 33,906,877 Pemberton Township School District Direct Debt

Total Direct & Overlapping Debt $ 33,906,877

Sources: Assessed value data used to estimate applicable percentages provided by the Burlington County Board of Taxation. Debt outstanding data provided by each governmental unit.

NOTE - Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the District. This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of the above Townships. This process recognizes that, when considering the District's ability to issue and repay Long-Term debt, the entire debt burden borne by the residents and businesses should be taken into account. However, this does not imply that every taxpayer is a resident, and therefore responsible for repaying the debt, of each overlapping payment. a. For debt repaid with property taxes, the percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable percentages were estimated by determining the portion of another govermnent unit's taxable value that is within the District's boundaries and dividing it by each wlit's total taxable value.

171 EXHIBIT 1-13 PEMBERTON TOWNSHIP SCHOOL DISTRICT LEGAL DEBT MARGIN INFORMATION LAST TEN FISCAL YEARS

FISCAL YEAR 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004

Debt Limit $ 63,516,140 $ 65,371,624 $ 67,544,137 $ 68,371,604 $ 65,528,480 $ 59,510,174 $ 48,858,570 $ 44,447,379 $ 39,099,675 $ 35,618,713

Total Net Debt Applicable to Limit 1,425,000 2,800,000 4,120,000 5,390,000 6,610,000 7,785,000

Legal Debt Margin $ 63 516 140 $ 65.371624 $ 67 544 137 $ 68 371 604 $ 6410lA80 $ 56,710 174 $ 44,738,570 $ 39,057 379 $ 32 489 675 $ 27,833713

Total Net Debt Applicable to the Limit as a Percentage of Debt Limit 2.17% 4.71% 8.43% 12.13% 16.91% 21.86%

Legal Debt Margin Calculation for Fiscal Year 2012

Equalized Valuation Basis 2012 $1,561,839,463 2011 1,568,416,087 2010 1,633,454,982 --,J N $ 4763710 532

Average Equalized Valuation of Taxable Property $ 1 587 903,511

Debt Limit (4 % of Average Equalization Value) $ 63,516,140 Net Bonded School Debt

Legal Debt Margin $ 63516 140

Source: Equalized valuation bases were obtained from the Annual Report of the State of New Jersey, Department of Treasury, Division of Taxation EXHIBIT J-14 PEMBERTON TOWNSHIP SCHOOL DISTRICT DEMOGRAPHIC AND ECONOMIC STATISTICS LAST TEN FISCAL YEARS

PER CAPITA PERSONAL UNEMPLOYMENT YEAR POPULATION (a) INCOME (c) RATE (d)

2012 N/A N/A N/A 2011 27,966 N/A 10.9% 2010 27,912 47,391 11.3% 2009 27,986 46,516 10.5% 2008 28,047 46,968 6.9% 2007 28,182 45,463 5.5% 2006 28,642 43,551 5.8% 2005 28,659 40,795 5.5% 2004 28,774 39,606 5.9% 2003 28,761 37,982 6.4%

Source: 'Population information provided by the NJ Dept of Labor and Workforce Development 'Per Capita income provided by U.S. Dept of Commerce, Bureau of Economic Analysis dUnemployment data provided by the NJ Dept of Labor and Workforce Development

EXHIBIT J-15 NOT AVAILABLE

173 EXIllBIT 1-16 PEMBERTON TOWNSHIP SCHOOL DISTRICT FULL-TIME EQUIVALENT DISTRICT EMPLOYEES BY FUNCTIONIPROGRAM LAST NINE FISCAL YEARS

FunctionIProgram 2013 2012 2011 2010 2009 2008 2007 2006 2005

Instruction: Regular 465.2 497.2 499.1 507.1 503.2 450.0 537.0 451.0 559.0 Special Education 110.0 111.0 111.0 121.0 121.0 113.7 115.0 200.0 172.0 Other Instruction 21.0 21.0 19.2 39.2 39.2 16.5 16.5 17.5 30.5 Support Services: Student & Instruction Related Services 92.5 92.5 92.5 92.5 92.5 145.0 132.0 131.5 109.5 School Administrative Services 70.3 70.3 70.7 70.7 70.7 80.5 96.5 94.5 130.0 General & Business Adminisb'ative Services 3.0 3.0 2.0 Plant Operations & Maintenance 100.0 100.0 102.0 102.0 102.0 102.0 107.0 97.0 95.0 Pupil Transportation 104.5 71.5 85.0 68.0 68.0 68.0 71.0 71.0 70.0 Business & Other Support Services 22.0 22.0 22.0 22.0 22.0 22.0 21.0 20.5 7.0 Food Service 41.5 41.5 41.5 41.5 41.5 41.5 51.0 40.5 55.5

Total 1027.0 1027.0 1043.0 1064.0 1060.1 1039.2 1150.0 1126.5 1230.5

Source: District Personnel Records

174 EXHIBIT J-17 PEMBERTON TOWNSHIP SCHOOL DISTRICT OPERATING STATISTICS LAST TEN FISCAL YEARS

PUPILfIEACHER RA110 AVERAGE AVERAGE % CHANGE IN OPERATING SENIOR DAILY DAILY AVERAGE STUDENT FISCAL EXPENDITURES COST PER PERCENTAGE MIDDLE HIGH ENROLLMENT ATTENDANCE DAILY ATTENDANCE YEAR ENROLLMENT (a) PUPIL CHANGE ELEMENTARY SCHOOL SCHOOL (ADE) (c) (ADA) (c) ENROLLMENT PERCENTAGE

2013 5,048 $113,775,443 22,539 0.97% 10.0:1 7.7:1 7.8:1 5,048 4,694 0.72% 92.99% 2012 5,012 I12,685,496 22,483 3.60% 10.0:1 7.7:1 7.8:1 5,012 4,682 1.07% 93.42% 2011 4,959 108,774,744 21,935 -2.09% 9.3:1 7.5:1 8.4:1 4,959 4,637 -1.30% 93.51% 2010 5,024 II 1,101,942 22,114 1.32% 9.3: I 7.5:1 8.4:1 5,024 4,667 -2.24% 92.89% 2009 5,139 109,654,300 21,338 -0.55% 8.1:1 70:1 8.8:1 5,139 4,803 -1.29% 93.46% 2008 5,206 110,263,296 21,180 2.94% 9. 1:1 8.5:1 8.7:1 5,206 4,857 -3.07% 93.30% 2007 5,058 107,118,601 2I,178 1.33% 9.4: I 8.5: I 8.7:1 5,371 4,993 -3.97% 92.96% 2006 5,502 105,712,480 19,213 4.76% 9.2: I 8.4:1 8.8:1 5,593 5,209 -2.51% 93.13% 2005 5,239 100,910,311 19,261 7.43% 9:1 9:1 8:1 5,737 5,318 -3.12% 92.70% 2004 5,844 93,934,393 16,074 8.04% 9:1 9:1 9:1 5,922 5,509 1.84% 93.03%

Sources: District records --.J Note: Enrollment based on annual October district count. Ch a Operating expenditures equal total expenditures less debt service and capital outlay. b Teaching staffinc1udes only full-time equivalents of certificated staff. c Average daily enrollment and average daily attendance are obtained from the School Register Summary (SRS). EXHIBIT I-18 PEMBERTON TOWNSHIP SCHOOL DISTRICT SCHOOL BUILDING INFORMA nON LAST NINE FISCAL YEAR

DISTRICT BUILDINGS 2013 2012 2011 2010 2009 2008 2007 2006 2005

Elementary Schools: Crichton (1969)*: Square Feet 56,970 56,970 56,970 56,970 56,970 56,970 56,970 56,970 56,970 Capacity (Students) 506 506 506 506 506 506 506 506 506 Enrollment 491 581 548 581 548 582 609 612 609 Busansky (1970)*: Square Feet 47,465 47,465 47,465 47,465 47,465 47,465 47,465 47,465 47,465 Capacity (Students) 386 386 386 386 386 386 386 386 386 Emo1hnent (a) 319 285 308 285 308 294 273 293 273 Denbo (1965)*: Square Feet 37,205 37,205 37,205 37,205 37,205 37,205 37,205 37,205 37,205 Capacity (Students) 345 345 345 345 345 345 345 345 345 Enrollment 270 324 349 324 349 321 343 372 343 Emmons (1963)*: Square Feet 40,060 40,060 40,060 40,060 40,060 40,060 40,060 40,060 40,060 Capacity (Students) 308 308 308 308 308 308 308 308 308 Enrollment 342 379 374 379 374 368 355 355 355 Haines (1955): Square Feet 27,970 27,970 27,970 27,970 27,970 27,970 27,970 27,970 27,970 Capacity (Students) 214 , 214 214 214 214 214 214 214 214 Enrollment 127 197 127 197 218 266 244 266 Harker Wylie (1953)*: Square Feet 32,394 32,394 32,394 32,394 32,394 32,394 32,394 32,394 32,394 Capacity (Students) 284 284 284 284 284 284 284 284 284 Enrollment 326 335 327 335 327 302 290 319 290 Stackhouse (1964): Square Feet 36,685 36,685 36,685 36,685 36,685 36,685 36,685 36,685 36,685 Capacity (Students) 278 278 278 278 278 278 278 278 278 Enrollment 329 446 443 446 443 479 309 307 309 Fort Dix (1953)*: Square Feet 39,330 39,330 39,330 39,330 39,330 39,330 39,330 39,330 39,330 Capacity (Students) 343 343 343 343 343 343 343 343 343 Enrollment 392 236 184 236 184 157 295 227 295 Newcomb (1959): Square Feet 50,640 50,640 50,640 50,640 50,640 50,640 50,640 50,640 50,640 Capacity (Students) 519 519 519 519 519 519 519 519 519 Enrollment 539 511 539 511 535 511 437 511 Middle School: Helen A. Fort/Newcomb Middle School (1956): Square Feet 117,080 117,080 117,080 117,080 117,080 117,080 117,080 117,080 117,080 Capacity (Students) 841 841 841 841 841 841 841 841 841 Enrollment 1,076 648 682 648 682 698 881 857 881 High School: Pemberton High School (1975): Square Feet 299,000 299,000 299,000 299,000 299,000 299,000 299,000 299,000 299,000 Capacity (Students) 1,577 1,577 1,577 1,577 1,577 1,577 1,577 1,577 1,577 Enrollment 997 1,127 1,216 1,127 1,216 1,250 1,362 1,336 1,362 Other Buildings: Central Administration (1926): Square Feet 13,750 13,750 13,750 13,750 13,750 13,750 13,750 13,750 13,750 Pemberton Early Childhood Education Center (2013): SquarePeet 80,000 Capacity (Students) 600 Enrollment 506

Number of Schools at June 30, 2013: Elementary = 9 Middle School ~ 1 High School ~ 1 Other=2

Source: District Facilities Office Note: Year of original construction is shown in parentheses, Increases in square footage and capacity are the result of and additions.

176 EXHIBIT J-19 PEMBERTON TOWNSHIP SCHOOL DISTRICT SCHEDULE OF REQUIRED MAINTENANCE LAST TEN FISCAL YEARS

UNDISTRIBUTED EXPENDITURES - REQUlRED MAINTENANCE FOR SCHOOL FACILITIES 11-000-261-xxx HELEN * FORT HIGH HARKER- FORT OHlER MIDDLE SCHOOL NEWCOMB EMMONS WYLIE HAINES DlX CHRICHTON DENBO BUSANSKY STACKHOUSE FACILITIES TOTAL

2013 $34,824 85,514 15,062 10,912 8,966 8,319 11,029 16,276 10,397 13,448 10,913 29,085 254,745 2012 33,485 85,514 14,483 10,492 8,621 7,999 10,605 15,650 9,997 12,931 10,492 22,880 243,149 2011 32,314 82,524 13,977 10,125 8,320 7,720 10,234 15,103 9,648 12,479 10,125 212,569 2010 32,314 82,524 13,977 10,125 8,320 7,720 10,234 15,103 9,648 12,479 10,125 212,569 2009 41,167 105,131 17,806 12,899 10,599 9,835 13,038 19,241 12,291 15,898 12,899 270,804 2008 32,314 82,523 13,977 10,125 8,320 7,720 10,234 15,103 9,648 12,479 10,125 212,568 2007 32,314 82,523 13,977 10,125 8,320 7,720 10,234 15,103 9,648 12,479 10,125 212,568 2006 32,314 82,523 13,977 10,125 8,320 7,720 10,234 15,103 9,648 12,479 10,125 6,000 218,568 2005 32,314 82,523 13,977 10,125 8,320 7,720 10,234 15,103 9,648 12,479 10,125 212,568

~ --..) 2004 32,314 82,524 13,977 10,125 8,320 7,720 10,234 15,103 9,648 12,479 10,125 212,569 --..) Total School Facilities $335,674 853,823 145,190 105,178 86,426 80,193 106,310 156,888 100,221 129,630 105,179 57,965 2,262,677

* School facilities as defined under EFCFA. (NJ.A.C. 6A:26-1.2 and NJ.A.C. 6A:26A-1.3)

Source: District records EXHIBIT 1-20 PEMBERTON TOWNSHIP BOARD OF EDUCATION INSURANCE SCHEDULE JUNE 30, 2013

COVERAGE DEDUCTIBLE Burlington County Insurance Pool- Joint Insurance Fund: School Package Policy - Selective Ins. Co. of America. Property - Blanket Building & Contents $150,000,000 500 Liability 10,000,000 Comprehensive Automobile Liability 10,000,000 500 Excess Umbrella 10,000,000 Bodily Injury and Property Damage 1,000,000 Workers Compensation - Professional Statutory Workers Compensation - Nonprofessional Statutory

Hartford Steam Boiler Inspection & Insurance Company: Boiler Policy 50,000,000 1,000

National Union Fire Insurance Co. of Pittsburg: School Board Legal Liability 10,000,000

Selective Insurance: Public Employees' Faithful Perfonnance Blanket Position Bond 50,000

Source: District records.

178 SINGLE AUDIT SECTION I I

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I I HF 10 AliGn S[(ool, Suite 28, Torns River, NJ 08753 ' T01: 7~12'?97.1333 618 Stokes Road, iv:edford, NJ 08055' Tei: 60R9S3.06'12 HOLMAN I FRENlA 912 Highway 33, Suite 2, FreehDld, NJ 07728 Tel: 732.409 0800 ALLISON, Pc. 795 Canton Street, Troy, PA 16941, Tei: 570.2975090 Certified Public AccoumanlJ' & Consu.ltants 926 Main Street, Suite 103, Rome, PA 18B37 , Tel: 570.291-6090 www.hfacpas.com "

EXHIBITK-l INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTINGAND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

Honorable President and Members of the Board of Education Pemberton Township County of Burlington Pemberton, New Jersey 08068

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States and audit requirements as prescribed by the Office of School Finance, Department of Education, State of New Jersey, the financial statements of the governmental activities, the business-type activities, each major fund and the aggregate remaining fund information of Pemberton Board of Education, as of and for the year ended June 30, 2013, and the related notes to the financial statements, which collectively comprise Pemberton Board of Education's basic financial statements, and have issued our report thereon dated November 20,2013 .

Internal Control Over Financial Reporting

In planning and performing our audit of the financial statements, we considered Pemberton Board of Education's internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circrnnstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of Pemberton Board of Education's internal control. Accordingly, we do not express an opinion on the effectiveness of Pemberton Board of Education's internal control.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identity all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identity any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.

179 Compliance and Other Matters

As part of obtaining reasonable assurance about whether Pemberton Board of Education's financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be repOited under Government A uditing Standards.

Pnrpose of this Report

The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity's internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity's internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

This report is intended for the information of the management of the Board of Education of the Pemberton Township School District, the New Jersey State Department of Education, other state and federal awarding agencies and pass-through entities and is not intended to be and should not be used by anyone other than these specified parties.

Respectfully submitted,

HOLMAN FRENIA ALLISON, P.C.

Kevin P. Frenia Certified Public Accountant Public School Accountant No. 1011

Medford, New Jersey November 20,2013

180 HF 10 Ailen Street, S:Jite 28, Tems Rivet, NJ 08753' Te!: 732,797,1333 618 Stoilcs Road, Medford, NJ 08055" Tel: 609,953,0612 HOLMAN I FRENIA 912 Highway 33, Suite 2, F'reeilold, NJ 07728" Tel: 732.409.0300 ALLISON, P.e. 795 Canton Street, Troy, PA 10947, Tel: G7029T.5Q9IJ Certified Public Accountants & Consultants 926 Main Street, Suite- 103, RotTIe, PA 18837· Tel: 570.297.5090 www.hfacpas.com

EXHIBITK-2 INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE FOR EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE REQUIRED BY OMB CIRCULAR A- 133 AND NEW JERSEY OMB CIRCULAR 04-04.

Honorable President and Members of the Board of Education Pemberton Township County ofBurIington Pemberton, New Jersey 08068

Report on Compliance for Each Major Federal and State Program

We have audited Pemberton Board of Education's compliance with the types of compliance requirements described in the OMB Circular A-J33 Compliance Supplement and the New Jersey Grants Compliance Supplement that could have a direct and material effect on each of the District's major state programs for the year ended June 30, 2013. Pemberton Board of Education's major federal and state programs are identified in the sununary of auditor's results section of the accompanying schedule of findings and questioned costs.

Management's Responsibility

Management is responsible for compliance with the requirements of laws, regulations, contracts, and grants applicable to its state programs.

Auditor's Responsibility

Our responsibility is to express an opinion on compliance for each of Pemberton Township Board of Education's major state programs based on our audit of the types of compliance requirements referred to above. We conducted our audit of compliance in accordance with aUditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; OMB Circular A-133, Audits of States, Local Governments, and Non-Profit Organization; the New Jersey State Aid/Grant Compliance Supplement; the audit requirements prescribed by the Office of School Finance, Department of Education, State of New Jersey; and New Jersey OMB's Circular 04-04, Single Audit Policy for Recipients of Federal Grants, State Grants and State Aid. Those standards, OMB Circular A-133 and New Jersey OMB's Circular 04-04, require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major state program occurred. An audit includes examining, on a test basis, evidence about Pemberton Township Board of Education's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances.

We believe that our audit provides a reasonable basis for our opinion on compliance for each major federal or state program. However, our audit does not provide a legal determination of Pemberton Board of Education's compliance with those requirements.

181 Opinion on Each Major Federal or State Program

In our opinion, Pemberton Board of Education complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its major state programs for the year ended June 30, 2013.

Other Matters

The results of our auditing procedures disclosed no instances of noncompliance, which are required to be reported in accordance with OMB Circular A-133 or New Jersey OMB's Circular 04-04.

Report on Internal Control Over Compliance

Management of Pemberton Board of Education is responsible for establishing and maintaining effective internal control over compliance with the types of compliance requirements referred to above. In planning and performing our audit of compliance, we considered Pemberton Board of Education's internal control over compliance with the types of requirements that could have a direct and material effect on each major federal or state progranl to detefllline the auditing procedures that are appropriate in the circumstances for the purpose of expressing an opinion on compliance for each major federal or state program and to test and report on internal control over compliance in accordance with OMB Circular A- 133 or New Jersey OMB's Circular 04-04, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of Pemberton Board of Education's internal control over compliance.

A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a state program on a timely basis. A material weakness in internal control over compliance is a deficiency, or combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a state program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal or state program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance.

Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.

The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of OMB Circular A-133 and New Jersey OMB's Circulru' 04-04. Accordingly, this report is not suitable for any other purpose.

182 This report is intended for the information of the management of the Pemberton Township Board of Education, the New Jersey State Department of Education and other state awarding agencies and pass­ through entities aud is not intended to be aud should not be used by auyone other than these specified parties.

Respectfully submitted,

HOLMAN FRENIA ALLISON, P.C.

Kevin P. Frema Certified Public Accountaut Public School Accountant No. 1011

Medford, New Jersey November 20,2013

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I I EXHIBIT K-3 SCHEDULE A (Page I of2) PEMBERTON TOWNSHIP BOARD OF EDUCATION SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE FOR THE FISCAL YEAR ENDED JUNE 30, 2013

GRANTOR BALANCE (ACCOUNTS DUE TO FEDERAL GRANTOR FEDERAL STATE AT RECErvABLE) GRANTOR PASS-THROUGH GRANTOR CFDA PROJECT AWARD GRANT JUNE 30, CASH BUDGETARY AT JUNE 30, JUNE 30, PROGRAM TITLE NUMBER NUMBER AMOUNT PERIOD 2012 RECEIVED EXPENDITURES ADJUSTMENT 2013 2013

U.S. DEPARTMENT OF AGRICULTURE l)ASSED- THROUGH STATE DEPARTMENT OF EDUCATION: Enterprise Fund: Food Distribution Program 10.565 $178,205 71I/I2-6/301l3 $ $ 178,205 $ (178,205) $ $ $ National School Lunch Program 10.555 1,074,839 711112-6/301l3 1,002,637 (1,074,839) (72,202) National School Lunch Program 10.555 996,028 7/I/11-6/30/12 (39,207) 39,207 After School Snack Program 10.555 41,297 7/I/12-6/301l3 39,449 (41,297) (1,848) After School Snack Program 10.555 36,971 7/I/II-6/30/12 (974) 974 Breakfast Program 10.553 284,828 7/1/12-6/301l3 266,903 (284,828) (17,925) 00- Breakfast Program 10.553 259,481 7/I/11-6/30/12 (II,I40) II,I40 ~ Total Enterprise Fund (51,321) 1,538,515 (1,579,169) (91,975)

U,S, DEPARTMENT OF EDUCATION General Fund: Medicaid Reimbursement 93.778 190,188 9/11I2-8/311I3 241,572 (241,572) P.L. 108-375 Impact Aid D.O.D. 84.041 144,IIO 9/11I2-8/311l3 144,110 (144,110) P.L. 103-382 Impact Aid Section 8003(b) 84.041 1,155,516 911112-8/31/l3 1,155,516 (1,155,516)

Total General Fund 1,541,198 £1,541,198)

Capital Projects Fund P.L. 81-874 Impact Aid - Construction Project 84.041 Phase VII 1,500,000 Until Completed (174,205) 1,140,548 (1,325,795) (359,452)

Total Capital Projects Fund (174,205) IJAO,548 (1,325,795) (359,452)

U,S, DEPARTMENT OF EDUCATION PASSED­ THROUGH STATE DEPARTMENT OF EDUCATION: General F1Uld: Education Jobs Fund 84.410 2,896,887 91I1II-8/3 I/12 (7,23 I) (7,23 I)

Total General Fund (7,231) (7,231)

Special Revenue Fund: Title I 84.010A NCLB405013 1,129,546 9/I/12-8/3l/l3 688,422 (846,553) (158,I3I) EXHIBIT K-3 SCHEDULE A (Page 2 of2) PEMBERTON TOWNSHIP BOARD OF EDUCATION SCHEDULE OF FEDERAL FINANCIAL ASSISTANCE FOR THE FISCAL YEAR ENDED JUNE 30, 2013

GRANTOR BALANCE (ACCOUNTS DUE TO FEDERAL GRANTOR FEDERAL STATE AT RECEIVABLE) GRANTOR PASS-THROUGH GRANTOR CFDA PROJECT AWARD GRANT JUNE 30, CASH BUDGETARY AT JUNE 30, JUNE 30, PROGRAM TITLE NUMBER NUMBER AMOUNT PERIOD 2012 RECEIVED EXPENDITURES ADJUSTMENT 2013 2013

Special Revenue Fund (continued): Title I 84.010A NCLB405012 1,224,176 9/1!ll-8/31112 (1l8,433) 180,964 (62,531) Title I ~ Part D 84.010 NCLB405013 34,859 9/1112-8/31113 12,561 (16,716) (4,155) Title I ~ Part D 84.010 NCLB405010 35,417 911109-8/31110 (5,763) 13,267 (7,504) Title I - SIA-A 84.010 NCLB405009 37,718 9/1108-8/31109 (539) (539) Title I - ARRA 84.389 NCLB405010 157,106 9/1109-8/3111 0 (20,123) 20,123 Title II - Part A 84.367A NCLB405012 9/1111-8/31112 (47,000) 49,699 (2,699) Title II - Part A 84.367A NCLB405011 269,862 911112-8/31113 172,001 (219,832) (47,831) Title 111 84.365 NCLB405012 20,487 911111-8/31/12 (8,042) 8,042 Title III 84.365 NCLB405011 15,973 9/1112-8/31113 12,505 (13,552) (1,047) Excellent Educators for New Jersey (EE4NJ) 84.367A 199,745 2/1110-9/30/12 (29,571) 29,571 Excellent Educators fOf New Jersey (EE4NJ) 84.367A 63,937 9/1112-8/31113 10,739 (63,937) (53,198) 00 lD.E.A Part B, Basic Regular 84.027A IDEA405013 1,478,466 9/1112-8/31113 I,099,711 (1,478,466) (378,755) -lA lD.E.A. Part B, Basic Regular 84.027A IDEA405012 1,535,711 9/1111-8/31112 (56,998) 108,652 (51,654) I.D.E.A. Part B, Basic Regular - ARRA 84.391 IDEA405010 1,207,521 9/1109-8131110 I (249) 250 I.D.E.A Preschool - ARRA 84.392 IDEA405010 43,444 911109-813111 0 LD.E.A Preschool 84.173A IDEA405012 41,848 9/1112-8/31113 35,707 (41,848) (6,141) Perkins Vocational & Applied Technology Grant 84.048A PERK405011 63,560 9/1112-8/31113 (42,475) (42,475) Perkins Vocational & Applied Technology Grant 84.048A PERK405012 64,949 9/1110-8/31111 (139) 139 Race to the Top 84.413 41,846 9/1112-8/31113 19,980 (41,846) (21,866) Military Grant 12.557 272,919 9/1110-8/31111 (2,153) (2,153) Military Grant 12.557 16,155 9/1112-8/31113 (16,155) (16,155) Adult Basic Skills Program 84.999 34,500 911/09-8/31110 2,660 2,660 Adult Basic Skills Program 84.999 56,100 911112-8131113 29,103 (50,143) (21,040) Adult Basic Skills Program 84.999 9/1111-8/31112 (13,346) 13,346 21st Century Grant 84.287C 427,555 9/1111-8/31112 (110,383) 139,369 (20,762) 8,224

Total Special Revenue Fund (409,829) 2,643,762 (2,976,673) 139 __m3,7~5) 1l,134

Total Federal Financial Assistance $ (635355) $ 6,864,023 $ (7,430,066) $ 139 $ (I 212 393) $ 11134 EXHIBIT K-4 SCHEDULEB PEMBERTON TOWNSHIP BOARD OF EDUCATION SCHEDULE OF STATE FINANCIAL ASSISTANCE FOR THE FISCAL YEAR ENDED JUNE 30, 2013 DEFERRED REVENUE! BALANCE (ACCOUNTS INTERFUND MEMO GRANTOR AT RECEIVABLE) PAYABLE CUMULATIVE STATE PROJECT AWAJID GRANT JUNE 30, CASH BUDGETARY AT JUNE 30, AT JUNE 30, BUDGETARY TOTAL STATE GRANTORiPROGRAM TITLE NUMBER AMOUNT PERIOD 2012 RECEIVED EXPENDITURES 2013 2013 RECEIVABLE EXPENDITURES

State Department of Education: General Fund: Equalization Aid 13-495-034-5120~078 $43,074,494 7/1I12~6/30/13 $ $ 43,074,494 $ (43,074,494) $ $ $ 4,062,817 $ (43,074,494) Transportation Aid 13~495~034~5120-0 14 2,413,166 7/1112-6/30/13 2,413,166 (2,413,166) 227,612 (2,413,166) Special Education Categorical Aid 13-495-034-5120-089 2,564,743 7/1112-6/30/13 2,564,743 (2,564,743) 241,908 (2,564,743) Security Aid 13-495-034-5120-084 1,213,845 7/1/12-6/30/13 1,213,845 (1,213,845) 114,491 (1,213,845) Adjustment Aid 13-495-034-5120-085 32,859,724 7/1/12-6/30/13 32,859,724 (32,859,724) 3,382,315 (32,859,724) School Choice Aid 13-495·034-5120-068 107,064 7/1/12-6/30/13 107,064 (107,064) 10,098 (107,064) Extraordinary Aid 12-495-034-5120-044 500,140 7/1111-6/30/12 (500,140) 500,140 Extraordinary Aid 13-495-034-5120-044 474,567 7/1/12-6/30/13 (474,567) (474,567) (474,567) Nonpublic Transportation Aid 12-495~034-5120-0 14 17,512 711/11·6/30/12 (17,512) 17,512 Nonpublic Transportation Aid 13-495-034-5120-014 10,092 7/1/12-6/30/13 (10,092) (10,092) (10,092) Nonbudgeted: On-BehalfTPAF Medical Contribution 13-495-034-5095-001 3,248,365 7/1/12-6/30/13 3,248,365 (3,248,365) (3,248,365) On-BehalfTPAF Pension Contribution 13-495-034-5095-001 2,872,760 7/1/12-6/30/13 2,872,760 (2,872,760) (2,872,760) Reimbursed TP AF Social Security Contributions 13-495-034-5095-002 3,350,437 7/1112-6/30/13 3,199,993 (3,350,437) (150,444) (3,350,437) CXl 7(1/11~6/30/12 ~ Reimbursed TPAF Social Security Contributions 12-495-034-5095-002 3,495,590 _Jl77,424) ~,424

Total General Fund (695,076) 92,249,230 (92,189,257) (635,103) 8,039,241 (92,189,257)

Special Revenue Fund: Early Childhood Program 11-495~034-5120~024 2,858,058 7/1110·6/30111 53,448 (53,448) (53,448) Preschool Education Aid 12-495-304-5120-086 7,294,335 7/1/11-6/30/12 (635,348) 729,434 (94,086) (94,086) Preschool Education Aid 13-495-304-5120-086 7,565,143 7/1/12-6/30/13 6,845,542 (7,432,608) (587,066) 756,514 (7,432,608) Oral Health Grant N/A 1,500 7/1/12-6/30/13 1,500 (1,125) 375 (1,125) Fuel Up to Play 60 N/A 4,000 7/1111-6/30/12 759 759

Total Special Revenue (581,141) 7,576,476 (7,581,267) (587,066) 1,134 756,514 (7,581,267)

Capital Projects Fund SDA Grant 4050-055-08~1400 1,303,135 7/1110-6/30/11 (124,903) 51,423 (73,480)

Enterprise Fund WACC Grant 10000006 148,351 7/1112-6/30/13 167,911 (167,911) (167,911) National School Lunch Program (State Share) 13-100-010-3360-067 25,363 7/1/12-6/30/13 23,711 (25,363) (1,652) (25,363) National School Lunch Program (State Share) 12-100-010-3360-067 25,254 7/1/11-6/30/12 (859) 859

Total Enterprise Fund (859) 192,481 (193,274) (1,652) __ (193,2112

Total State Financial Assistance $(1401979) $ 100 069 610 (99,963,798) $ C1 297 301) $ 1 134 $ 8795755 $ (99963798)

Less: Grants Not Subject to New Jcrsey OMB Circular 04-04: On-BehalfTPAF Pension Contributions 13-495-034~5095-001 2,872,760 7/1112·6/30/13 2,872,760 On-BehalfTPAF Post-Retirement Medical 13-495-034-5095-001 3,248,365 7/1/12-6/30/13 3,248,365

Total State Financial Assistance subjcct to New Jersey OMB Circular 04-04 $ (93_842,673) I I

I I EXHlBlTK-S (Page I of2) PEMBERTON TOWNSHIP BOARD OF EDUCATION NOTES TO THE SCHEDULES OF FINANCIAL ASSISTANCE JUNE 30, 2013

1. General

The accompanying schedules of expenditures of federal awards and state financial assistance include federal and state award activity of the Board of Education, Pemberton Township School District. The Board of Education is defined in Note I to the Board's basic financial statements. All federal and state awards received directly from federal and state agencies, as well as federal awards and state financial assistance passed through other govemment agencies is included on the schedule of expenditures of federal awards and state financial assistance.

2. Basis of Accounting

The accompanying schedules of expenditures of awards and financial assistance are presented on the budgetary basis of accounting with the exception of programs recorded in the food service fund, which are presented using the accrual basis of accounting. These basis of accounting are described in Note I to the Board's basic financial statements.

3. Relationship to Basic Financial Statements

The basic financial statements present the general fund and special revenue fund on a GAAP basis. Budgetary comparison statements or schedules (RSI) are presented for the general fund and special revenue fund to demonstrate finance related legal compliance in which certain revenue is permitted by law or grant agreement to be recognized in the audit year, whereas for GAAP reporting, revenue is not recognized until the subsequent year or when expenditures have been made.

The general fund is presented in the accompanying schedules on the modified accrual basis with the exception of the revenue recognition of the last state aid payment in the current budget year, which is mandated pursuant to NJs'A.lSA:22-44.2. For GAAP purposes that payment is not recognized until the subsequent budget year due to the state deferral and recording of the last state aid payment in the subsequent year. The special revenue fund is presented in the accompanying schedules on the grant accounting budgetary basis, which recognizes encumbrances as expenditures and also recognizes the related revenues, whereas the GAAP basis does not. The special revenue fund also recognizes the last state aid payment in the current budget year, consistent with NJs'A.lSA:22-4.2.

The net adjustment to reconcile from the budgetary basis to the GAAP basis is $273,562 for the general fund and $598,631 for the special revenue fund. See Note I for a reconciliation of the budgetary basis to the modified accrual basis of accounting for the general and special revenue funds. Awards and financial assistance revenues are reported in the Board's basic financial statements on a GAAP basis are presented as follows:

187 EXHIBITK-5 (Page 2 of 2) PEMBERTON TOWNSHIP BOARD OF EDUCATION NOTES TO THE SCHEDULES OF FINANCIAL ASSISTANCE (continued): JUNE 30, 2013

3. Relationship to Basic Financial Statements (continued):

Federal State Total

General Fund $1,548,429 $ 92,462,819 $ 94,011,248 Special Reveuue Fuud 2,976,672 8,179,898 11,156,570 Enterprise Fund 1,579,169 193,274 1,772,443

Total Fiuancia1 Assistance $6,lQ4,270 $100.835,991 $106,940 261

4. Relationship to Federal and State Financial Reports

Amounts reported in the accompanying schedules agree with the amounts reported in the related federal and state financial reports.

5. Other

Revenues and expenditures reported under the Food Distribution Program represent current year value received and current year distributions respectively. The amount reported as TP AF Pension Contributions represents the amount paid by the state on behalf of the District for the year ended June 30, 2013. TPAF Social Security Contributions represents the amount reimbursed by the state for the employer's share of social security contributions for TPAF members for the year ended June 30, 2013.

Note 6. Federal and State Loans Outstanding

The Pemberton Township Board of Education had no loan balances outstanding at June 30, 2013.

188 EXHIBITK-6 (Page 1 of2) PEMBERTON TOWNSHIP SCHOOL DISTRICT SCHEDULE OF FINDINGS & QUESTIONED COSTS For the Fiscal Year Ended Jnne 30, 2013

Section I - Snmmary of Anditor's Results

Financial Statements

Type of auditor's report issued: Unmodified

Internal control over financial reporting:

1) Material weakness(es) identified? None Reported

2) Significant deficiencies identified that are not considered to be material weaknesses? None Reported

Noncompliance material to basic financial Statements noted? None Reported

Federal Awards

Internal Control over major programs:

1) Material weakness(es) identified? None Reported

2) Significant deficiencies identified that are not considered to be material weaknesses? None Reported

Type of auditor's repOli issued on compliance for major programs Unmodified

Any audit findings disclosed that are reqnired to be reported in accordance With Section .S10(a) of Circular A-133? None Reported

Identification of major programs:

CFDA Nnmber(s) Name of Federal Program or Cluster

84.041 Impact Aid

Dollar threshold used to distinguish between type A and type B programs: $300,000

Auditee qualified as low-risk auditee? Yes

189 EXHIBITK-6 (Page 20f2) PEMBERTON TOWNSHIP SCHOOL DISTRICT SCHEDULE OF FINDINGS & QUESTIONED COSTS (continned): For the Fiscal Year Ended June 30, 2013

Section I - Summary of Auditor's Results (continued)

State Awards

Dollar threshold used to distinguish between type A and type B programs: $2,815,280

Auditee qualified as low-risk auditee? Yes

Type of anditor's report issued on compliauce for major programs: Unmodified

Internal Control over major programs: I) Material weakness( es) identified? None Reported

2) Significaut deficiencies identified that are not considered To be material weaknesses? None Reported

Any audit findings disclosed that are required to be reported in accordance With NJ OMB Circular Letter 04-04? None Reported

Identification of major programs:

GMIS Number(s) Name of State Program

13-495-034-5120-078 Equalization Aid 13-495-034-5120-085 Adjustment Aid

Section 11-Financial Statement Findings

This section identifies the significant deficiencies, material weaknesses, fraud, illegal acts, violations of provisions of contracts and graut agreements aud abuse related to the finaucial statements for which Government Auditing Standards requires reporting in a Circular A-133 audit.

No Current Year Findings

Section ill - Federal Awards & State Financial Assistance Finding & Questioned Costs

This section identifies audit findings required to be reported by section .510(a) of Circular A-133 and New Jersey OMB's Circular Letter 04-04.

No Current Year Findings

190 EXHIBITK-7 PEMBERTON TOWNSHIP SCHOOL DISTRICT SUMMARY SCHEDULE OF PRIOR AUDIT FINDINGS AND QUESTIONED COSTS AS PREPARED BY MANAGEMENT For the Fiscal Year Ended June 30, 2013

This section identifies the status of prior-year findings related to the basic financial statements and federal and state awards that are required to be reported in accordance with Chapter 6.12 of Government Auditing Standards, U.S. OMB Circular A-133 (section .315 (a)(b» and New Jersey OMB's Circular 04- 04.

No Prior Year Findings

191

SCHOOL DISTRICT OF PEMBERTON TOWNSHIP

PEMBERTON BOARD OF EDUCATION Pemberton, New Jersey County of Burlington

Auditor's Management Report on Administrative Findings - Financial, Compliance and Performance for the Year Ended June 30, 2013

MANAGEMENT REPORT ON ADMINISTRATIVE FINDINGS FINANCIAL, COMPLIANCE AND PERFORMANCE

TABLE OF CONTENTS PAGE

Report ofIndependent Auditors - Auditor's Management Report on Administrative Findings, Financial Compliance and Performance 1

Scope of Audit 2 Administrative Practices and Procedures: Insurance 2 Official Bonds 2 Tuition Charges 2 Financial Plmming, Accounting and Reporting: Exmnination of Claims 2 Payroll Account 3 Reserve for Encumbrances and Accounts Payable 3 Classification of Expenditures 3 Board Secretm),'s Records 3 Treasurer's Records 3 Elementary & Secondary School Education Act (E.S.E.A.), as amended by the Improving America's Schools Act of 1994 (LA.SA) 3 Other Special Federal and/or State Project 4 T.P.A.F. Reimbursement 4 Demonstrably Effective Program Accounting NIA School Purchasing Programs: Contracts & Agreements Requiring Advertisement for Bids 4 School Food Service 5 Student Body Activities 6 Application for State School Aid 6 Pupil Transportation 6 Follow-up on Prior Year Findings 7 Acknowledgment 7

Additional Information: Schedule of Meal Count Activity N/A Schedule of Audited Emollments 8 Excess Surplus Calculation 11 I I I I

I I I I I

I I

I I HF 10 Allen Street. Suite 28, Toms River, i\lJ 08753" Tel: 732.797.1333-

618 Stokes ROdO, Medford, NJ 08055 < Tel: 609.953.0012 HOLMAN I FRENIA 912 Highway 33, Suite 2, Freehold, HJ 07728, fei: 732)09.0800 ALLISON, Pc. 785 Canton Stn:let, Troy, PA 1694/' Tel: 570,297.5090 Certified Public Accmmranrs & Consultants 926 Mail: Street, Suile 103, 1-iome, PA 13837" Te!: 51'0287.509:) www.hfacpas.com ill.. ££££&£££!

REPORT OF INDEPENDENT AUDITORS AUDITOR'S MANAGEMENT REPORT ON ADMINISTRATIVE FINDINGS, FINANCIAL COMPLIANCE AND PERFORMANCE

Honorable President and Members of the Board of Education Pemberton Township County of Burlington Browns Mills, New Jersey 08015

We have audited, in accordance with generally accepted audit standards and Government Auditing Standards issued by the Comptroller General of the United States, the basic financial statements of the Board of Education of the Pemberton Towuship School District in the County of Burlington for the year ended June 30, 2013, and have issued our report thereon dated November 20,2013.

As part of our audit, we performed procedures required by the New Jersey Department of Education, and the findings and results thereof are disclosed on the following pages, as listed in the accompanying table of contents.

This report is intended for the information of the Pemberton Towuship Board of Education's management and the New Jersey Department of Education. However, this report is a matter of public record and its distribution is not limited.

Respectfully submitted,

HOLMAN FRENIA ALLISON, P.C.

Kevin P. Frenia Certified Public Accountant Public School Accountant No. lOll

Medford, New Jersey November 20,2013

1 I I HF 10 Allen Street, Suite 28, Toms Rivet', NJ 03753· Tei: 732.79'1.'1333

6i8 Slokes Road, ivledford, NJ 08055 0 Tsl: 609.953.0612 HOLMAN I FRENIA 912 HighwBY 33, Suite 2, Freehold, NJ 07728 ' -r 81: 732A09,0800 ALLISON, P.c. 795 Canten Stn:,et, Troy, P,L\ 15947· TeL 570.297.5090 Certified Public Account(1nts & Consultants 926 Main Street, Suite 103, Rome, Pi\ 18837' Te!: 5702975090 www.ilfacpas.com

Honorable President and Members ofthe Board of Education Pembelion Township County of Burlington Pembelion, New Jersey 08068

ADMINISTRATIVE FINDINGS FINANCIAL, COMPLIANCE AND PERFORMANCE

Scope of Audit

The audit covered the financial transactions of the Board Secretary/School Business Administrator and Treasurer of School Moneys, the activities of the Board of Education, the records of the Athletic Fund, the Student Activity Fund, Food Service Fund and Special Revenue Fund under the auspices of the Board of Education.

Administrative Practices and Proced ures

Insurance

Fire insurance coverage was carried in the amounts as detailed on Exhibit J-20, Insurance Schedule contained in the District's CAFR.

Official Bonds

Name Position Amount

Patricia Austin Business Administrator $ 10,000 Linda Eden Treasurer 500,000

Tnition Charges

A comparison of tentative tuition charges and actual certified tuition charges was made. The actual costs were less than estimated costs. The Board made a proper adjustment to the billings to sending districts for the decrease in per pupil costs in accordance with NJ.A.C.6:20-3.1 (e)4.

Financial Planning, Acconnting and Reporting

Examination of Claims

An examination of claims paid during the period under review indicated that the vouchers were in satisfactory condition.

2 Payroll Accouut

The net salaries of all employees of the Board were deposited in the Payroll Account. Employee's payroll deductions and employer's share of fringe benefits were deposited in the Payroll agency account.

All payrolls were approved by the Superintendent and were certified by the President of the Board and the Board Secretmy/School Business Administrator.

Salm'y withholdings were promptly remitted to the proper agencies.

Reserve for Encumbrances and Accounts Payable

A review of outstanding issued purchase orders was made as of June 30, for goods not yet received or services not yet rendered and it was determined that no blanket purchase orders were included in the balance of the reserves for encumbrances. Also, unpaid purchase orders included in the balmlce of accounts payable were reviewed for propriety and to determine that goods were received and services were rendered, as of June 30.

Classification of Expenditures

The coding of expenditures was tested for proper classification in accordance with NJA.C6A:23-1.2 as part of our test of transactions of randomly selected expenditure items. We also reviewed the coding of all expenditures included in our compliance and single audit testing procedures. As a result of the procedures performed, no transaction errors were noted and no additional procedures were deemed necessary to test the propriety of expenditure classification.

Board Secretary's Records

Our review of the financial and accounting records maintained by the board secretary were found to be in satisfactory condition.

Treasurer's Records

The Treasurer's records were reviewed and found to be in satisfactory condition.

Elementary and Secondary Education Act (E.S.E.A.)/Improving America's Schools Act (I.A.S.A.) as Reauthorized by the No Child Left Behind Act of 2001.

The E.S.E.A.IN.C.L.B. financial exhibits are contained within the Special Revenue Section of the CAFR. This section of the CAFR documents the financial position pertaining to the projects under Titles I, II, IV, and VI ofthe Elementary and Secondary Education Act as amended and reauthorized.

3 Other Special Federal and/or State Projects

The District's Special Projects were approved as listed on Schedule A and Schedule B located in the CAFR.

Our andit of the Federal and State funds on a test basis, indicated that obligations and expenditures were incurred during the fiscal year or project period for which the project was approved.

The financial exhibits are contained within the Special Revenue Section of the CAFR. This section of the CAFR documents the financial position pertaining to the aforementioned special projects.

T.P.A.F. Reimbursement

Our audit procedures included a test of the biweekly reimbursement forms filed with the Department of Education for district employees who are members of the Teachers Pension and Annuity Fund. No exceptions were noted.

School Purchasing Programs

Contracts and Agreements Requiriug Advertisement for Bids

NJS.A.18A: 18A-l et seq. (Public School Contracts Law), the associated rules and related information on the statute, and school contracts in general is available on the website http://www.state.ni.us/n j ded/psc llindex.html.

NJS.A.18A: 18A-3 states:

a) "When the cost or price of any contract awarded by the purchasing agent in the aggregate, does not exceed in a contract year the total sum of$17,500, the contract may be awarded by a purchasing agent when so authorized by resolution of the board of education without public advertising for bids and bidding therefore, except that the board of education may adopt a resolution to set a lower threshold for the receipts of public bids or the solicitation of competitive quotations. If the purchasing agent is qualified pursuant to subsection b. (pending before the Legislature as section 15 of this bill) of section 9 of P.L. 1971, c.198 (Co4OA: 119) the board of education may establish that the bid threshold may be up to $25,000. Such authorization may be granted for each contract or by a general delegation of the power to negotiate and award such contracts pursuant to this section.

b) Commencing in the fifth year after the year in which P.L. 1999, co440 takes effect, and every five years thereafter, the Governor, in consultation with the Department of Treasury, shall adjust the threshold amount and the higher threshold amount which the board of education is permitted to establish as set forth in subsection a. of this section or the threshold amount resulting from any adjustment under this subsection, in direct proportion to the rise or fall of the index rate as that term is defined in NJ.S.lSA:18A-2 (pending before the Legislature as section 50 of this bill), and shall round the adjustment to the nearest $1,000. The Governor shall notifY all local school districts of the adjustment no later than June 1 of every fifth year. The adjustment shall become effective on July 1 of the year in which it is made."

4 School Purchasing Programs (continued);

NJSA.IBA:IBA-4 states, "Every contract for the provision or performance of any goods or services, the cost of which in the aggregate exceeds the hid threshold, shall be awarded only by resolution of the board of education to the lowest responsible bidder after public advertising for bids and hidding therefore, except as is provided otherwise in this chapter or specifically by any other law. No work, materials or supplies shall be undeliaken, acquired or furnished for a sum exceeding in the aggregate the amount set forth in, or calculated by the Governor pursuant to NJS.A.IBA: IBA-3 except by contract or agreement."

Effective July I, 2010 and thereafter the bid thresholds in accordance with NJS.A.IBA:IBA-2 and IBA:IBA-3(a) are $36,000 (with a Qualified Purchasing Agent) and $26,000 (without a Qualified Purchasing Agent), respectively. The law regulating bidding for public school student transportation contracts under NJSA.IBA:39-3 is currently $17,500. The Pemberton Township Board of Education currently has a Qualified Purchasing Agent.

The Board of Education has the responsibility of determining whether the expenditures in any category will exceed the statutory thresholds within the fiscal year (contract year for July 1,2010 and thereafter). Where question arises as to whether any contract or agreement might result in violation ofthe statute, the Solicitor's opinion should be sought before a commitment is made.

Inasmuch as the system of records did not provide for an accumulation of payments for categories for the performance of any work or the furnishing or hiring of any materials or supplies, the results of such an accumulation could not reasonably be ascertained. Disbursements were reviewed, however, to determine whether any clear-cut violations existed.

The results of our examination indicated that no individual payments, contracts or agreements were made "for the performance of any work or the furnishing or hiring of any materials or supplies", in excess of the statutory thresholds where there had been no advertising for bids in accordance with the provision of NJSA.IBA:IBA-4.

The system of records did not provide for an accumulation of purchases for which the school board used contracts entered into by the State Department of Purchase and Property pursuant to Ch. 114, P.L. 1977, therefore, the extent of such purchases could not reasonably be ascertained.

School Food Service

The financial transactions and statistical records of the School Food Services were maintained in satisfactory condition. The financial accounts, meal count records and eligibility applications were reviewed on a test-check basis.

The number of meals claimed for reimbursement was verified against sales and meal count records. As part of the claims review process the Edit Check Worksheet was completed.

Applications for free and reduced price meals were reviewed for completeness and accuracy. The number of free and reduced price meals claimed as served did not exceed the number of valid applications on file, times the number of operating days, on a school-by-school basis. The free and reduced price meal and free milk policy is uniformly administered throughout the School System. The required verification procedures for free and reduced price applications was completed and available for review.

5 School Food Service (continned):

Expenditures were separately recorded as food, labor and other costs. Vendor invoices were reviewed and costs verified. InventOlY records on food supply items were currently maintained and properly applied in determining the cost of food and supplies used.

Time sheets were reviewed and labor costs verified. Payroll records were maintained on all School Food Services employees authorized by the board of education.

The cash disbursements records reflected expenditures for program related goods and services. Districts with food service management companies are depositing and expending program monies in accordance with N.JS.A.18A:17-34, and 19-1 through 19-4.1. The appropriate revenue and expenditure records were maintained in order to substantiate the nonprofit status of the school food service. Net cash resources did not exceed three months average expenditures.

Food Distribution Program commodities were received and a single inventory was maintained on a first­ in, first-out basis

Exhibits reflecting Child Nutrition Program operations are included in the section entitled Enterprise Funds, Section G.

Student Body Activities

The financial transactions of the student body activities were maintained in satisfactory condition.

Application for State School Aid

Our audit procedures included a test of information reported in the October 15, 2012 Application for State School Aid (A.S.S.A.) for On-Roll, private schools for the handicapped and low-income. We also performed a review of the District procedures related to its completion. The information on the A.S.S.A. was compared to the District workpapers. The results of our procedures are presented in the Schedule of Audited Enrollments.

The District maintained workpapers on the prescribed state forms or their equivalent.

The District has adequate written procedures for the recording of student enrollment data.

Pupil Transportation

Our audit procedures included a test of On Roll status repOlied in the 2012-2013 District RepOli of TranspOlied Resident Students (DRTRS). The information that was included on the DRTRS was verified to the DRTRS Eligibility Summary Report without exception .. The results of our procedures are presented in the Schedule of Audited Enrollments.

Our procedures also included a review of transportation contracts and purchases. Based on our review, the District complied with proper bidding procedures and award of contracts. The bid specifications for the purchase of buses were in compliance with applicable statutes. No exceptions were noted in our review oftranspOliation related purchases of goods and services.

6 Follow-up on Prior Years' Findings

There were no prior year fIndings.

ACknowledgment

We received the complete cooperation of all the officials of the school district and we greatly appreciate the courtesies extended to the members of the audit team.

Should you have any questions concerning our comments or should you desire any assistance, please call me.

Respectfully submitted,

HOLMAN FRENIA ALLISON, P.C.

Kevin P. Frenia CertifIed Public Accountant Public School Accountant No. 1011

Medford Office November 20,2013

7 ADDITIONAL INFORMATION

SCHEDULE OF AUDITED ENROLLMENTS (1)

PEMBERTON TOWNSIllP BOARD OF EDUCATION APPLICAnON FOR STATE SCHOOL AID SUMMARY ENROLLMENT AS OF OCTOBER 15, 2012

2013-2014 AI!~lication for State School Aid SamEle for Verification Private Schools for Disabled Reported on Reported on Sample Verified per Errors per Reported on Sample A.S.S.A. Workpapers Selected from Registers Registers A.S.S.A. as for On Roll On Roll Errors Workpapers On Roll On Roll Private Verifi- Sample Sample Full Shared Full Shared Full Shared Full Shared Full Shared Full Shared Schools cation Verified ElTors

Full Day Preschoo1- 3 Yr. Old 185 185 15 15 Full Day Preschool- 4 Yr. Old 355 355 20 20 Full Day Kindergarten 425 425 20 20 One 388 388 20 20 Two 360 360 20 20 Three 333 333 20 20 Four 335 335 20 20 Five 301 301 15 15 Six 325 325 15 15 Seven 336 336 15 15 Eight 286 286 15 15 00 Nine 239 239 15 15 Ten 192 192 15 15 Eleven 195 195 15 15 Twelve 182 182 15 15

Subtotal 4,437 4,437 255 255

Special Ed - Elementary 324 324 20 20 4 4 4 Special Ed - Middle School 164 164 20 20 9 9 9 Special Ed - High School 205 205 20 20 38 38 38

Subtotal 693 693 60 60 51 51 51

Totals 5130 5 130 315 315 51 51 51

Percentage Error SCHEDULE OF AUDITED ENROLLMENTS (2)

PEMBERTON TOWNSHIP BOARD OF EDUCATION APPLICATION FOR STATE SCHOOL AID SUMMARY ENROLLMENT AS OF OCTOBER 15, 2012

Resident Low Income Resident LEP Low Income Reported on Reported on Sample for Verification Reported on Reported on Sample for Verification A.S.S.A. as Workpapers Sample Verified to A.S.S.A. as Workpapers Sample Verified to Low as Low Selected from Application Sample LEP low as LEP low Selected from Test Score Sample Income Income Errors Workpapers and Register Errors Income Income Errors Workpapers & Register Errors

Full Day Preschool- 3 Yr. Old 93 93 10 10 Full Day Preschool- 4 Yr. Old 169 169 20 20 HalfDav Kindergarten 1 1 Full Day Kindergarten 2~8 238 25 25 8 8 8 8 One 232 232 25 25 3 3 3 3 Two 213 213 25 25 10 10 10 10 Three 188 188 20 20 7 7 7 7 Four 190 190 20 20 1 1 1 1 Five 169 169 20 20 2 2 2 2 Six 173 173 20 20 Seven 184 184 20 20 Eight 155 155 20 20 Nine 132 132 10 10 3 3 3 3 Ten 92 92 10 10 Eleven 82 82 10 10 Twelve 89 89 10 10 \0 Subtotal 2,400 2,400 265 265 34 34 34 34

Special Ed - ElementalY 241 241 10 10 7 7 7 7 Special Ed - Middle School 141 141 10 10 Special Ed - High School 174 174 10 10

Subtotal 556 556 30 30 7 7 7 7

Totals 2,956 2_956 295 295 41 41 ___- 41 __ ---.AI

Percentage Brror

Trans~ortation Reported on Reported on DRTRS by DRTRS by DOE/county District Errors Tested Verified Errors

Reg.. - Public Schools, col. 1 3,072 3,072 250 250 Reg -SpEd, col. 4 600 600 100 100 AIL, col. 2 58 58 Transported - Non-Public, col. 3 Special Ed Spec, col. 6 274 274 25 25

Totals 4.0J14 4004 375 375

Percentage Error SCHEDULE OF AUDITED ENROLLMENTS (3)

PEMBERTON TOWNSHIP BOARD OF EDUCATION APPLICATION FOR STATE SCHOOL AID SUMMARY ENROLLMENT AS OF OCTOBER 15,2012

Resident LEP NOT Low Income Sample for Verification Reported on Reported on A.S.S.A. as Workpapers Sample Verified to NOT Low as NOT Low Selected from Application Sample Income Income Errors Workpapers & Register Errors

Full Day Preschool- 3 Yr. Old Full Day Preschool - 4 Yr. Old Full Day Kindergarten 2 2 2 2 One 1 1 1 1 Two 2 2 2 2 Three 2 2 2 2 Four 2 2 2 2 Five Six Seven Eight 1 1 1 1 Nine 1 1 1 1 Ten 1 1 1 1 Eleven Twelve

Subtotal 12 12 12 12

Special Ed - Elementary Special Ed - Middle School Special Ed - High School

Subtotal

Totals 12 12 12 12

Percentage Error

10 I I

I I

I I

I I EXCESS SURPLUS CALCULATION

SECTION 1

Calculation A: 2% Excess Surplus:

All Districts required to use school-based budgeting are required to complete this calculation using 2% on line AID.

2012-2013 Total General Fund Expenditures Reported on Exhibit (C-l) $ 106,558,518 (A)

Increased by Applicable Operating Transfers: Transfer from Capital Outlay to Capital Projects $ 1,182,529 (Ala) Transfer from Capital Reserve to Capital Projects $ ___-=-(Ala) Transfer from General Fund to SRF for Preschool-Regular $ (Ala) Transfer from General Fund to SRF for Preschool-Inclusion $ (Ala)

Less: Expenditures Allocated to Restricted Federal Resources as Reported on Exhibit D-2 $ ___-'-:..(Alb)

2012-2013 Adjusted General Fund & Other State Expenditures [(A)-(AI)] $ 107,741,047 (A2)

Decreased by: On-Behalf TPAF Pension & Social Security $ 9,471,562 (A3) Assets Acquired Under Capital Leases: General Fund 2013 Assets Acquired Under Capital Leases reported on Exhibit C-l a $ ___-'-:..(A4)

Add: General Fund & State Resources Portion of Fund 15 Assets Acquired Under Capital Leases: Assets Acquired Under Capital Leases in Fund 15 Reported on Exhibit C-l a $ ___....c:.. - (AS)

Combined General Fund Contribution & State Resources Percent of Fund 15 Resources Reported on Exhibit D-2 - % (A6)

General Fund & State Resources Portion of Fund 15 Assets Acquired Under Capital Leases [(AS)'(A6)] $---.:...- (A7)

Total Assets Acquired Under Capital Leases [(A4)+(A7)] $ (A8)

2012-2013 General Fund Expenditures [(A-2)-(A-3)-(A-8)] $ 98,269,485 (A9)

2% of Adjusted 2012-2013 General FWld Expenditures [(A9) times .02)] $ 1,965,390 (AIO)

Enter Greater of (AID) or $250,000 $ 1,965,390 (All)

Increased by: Allowable Adjustment * $ 1,671,917 (K)

Maximum Unassigned Fund Balance [(AII)+(K)] 3,637,307 (M)

11 EXCESS SURPLUS CALCULATION (continued):

SECTION 2:

Total General Fund - Fund Balances at June 30, 2013 $ 19,229,767 (C) Decreased by: Year-End Encumbrances $ 2,027,445 (CI)

Legally Restricted - Designated for Subsequent Year's Expenditures $ 2,152,264 (C2)

Excess Surplus - Designated for Subsequent Year's Expenciitures** $ (C3)

Other Restricted/Reserved Fund Balances **** $ 6,313,542 (C4)

Assigned - Designated for Subsequent Year's Expenditures $ 2,318,880 (CS)

Total Unassigned Fund Balance {(C)-(CI)-(C2)-(C3)-(C4)-(C5)} $ 6,417,636 (U)

SECTION 3

Restricted Fund Balance - Excess Surplus *** {(U)-(M)} IF NEGATIVE ENTER -0- $ 2,780,329 (E)

Restricted Excess Surplus - Designated for Subsequent Year's Expenditures ** $ ____ (C3)

Restricted Excess Surplus *** {(E)} $ 2,780,329 (E)

Total [(C3) + (E)l $ 2,780,329 (D)

Footnotes:

* This adjustment line (as detailed below) is to be utilized when applicable for: Impact Aid, Sale and Lease-back (Refer to the Audit Program Section II, Chapter 10), Extraordinary Aid, Additional Nonpublic School Transportation Aid and recognized current year School Bus Advertising Revenue. Refer to the Audit Program Section II, Chapter 10 for restrictions on the inclusion of Extraordinary Aid and Additional Nonpublic School Transportation Aid.

Vetail oJAllowable Adjustments

Impact Aid $ 1,299,626 (H) Sale & Lease-back $ _----,,-=-.=__ (I) Extraordinary Aid $ 362,199 (JI) Additional Nonpublic School Transportation Aid $ 10,092 (J2) Current Year School Bus Advertising Revenue Recognized $ (J3)

Total Adjustments {(H)+(I)+JI)+(J2)+(B)} $ 1,671,917 (K)

** This amount represents the June 30, 2012 Excess Surplus (C3 above) and must be included in the Audit Summary Worksheet Line 90031.

12 EXCESS SURPLUS CALCULATION (continued):

SECTION 3 (continued):

**** Amount for Other Restricted Fund Balances must be detailed for each source and request for approv.l to use amounts other than state imposed legal restrictions in the excess surplus calculation must be submitted to the Assistant to the Commissioner for Finance prior to September 20.

(N-l) Capital Reserve at June 30, 2013 (N-2) Maintenance Reserve Minimum Required Under EFCFA. (N-3) Tuition Reserve at June 30, 2013 (N-4) Emergency Reserve at June 30, 2013 (N-5) Waiver Offset Reserve at June 30, 2013

Detail of Other Reserved Fund Balance

Statutory Restrictions: Approved Unspent Separate Proposal $_--- Sale/Lease-Back Reserve $_----,­ Capital Reserve (N-l) $ _--=2:.c,6::.,;:1,:-5,,,,,8 0",6,-- Maintenance Reserve (N-2) $ _--=2"",4:=-=5-,:.0',=0 0",0,-­ Tuition Reserve (N- 3) $ _--,-:2,-::4-;:,7,,,,73:,,;6,­ Emergency Reserve (N4) $ __1"-,0"",0_0,,-00,,,0,- Waiver Offset Reserve (N 5) $_--­ Other RestrictedlReserved Fund Balance Not Noted Above **** $_---

Total Other Restricted/Reserved Fund Balance $ 6,313,542 (C4)

13