MONMOUTH Advertised Enrollments RED BANK BORO

MONMOUTH Advertised Enrollments RED BANK BORO ENROLLMENT CATEGORIES 10-15-2014 ACTUAL 10-15-2015 ACTUAL 10-15-2016 ESTIMATE Pupils On Roll Regular Full-Time 1,268.0 1,268.0 1,180.0 Pupils On Roll Special Ed Full-Time 138.0 166.0 188.0 Pupils On Roll SUBTOTAL 1,406.0 1,434.0 1,368.0 Pupils in Private School Placements 9.0 8.0 9.0 Pupils Sent to Contracted Preschool 153.0 155.0 0.0 Pupils Sent to Other Districts Regular 1.0 353.0 Pupils Sent to Other Districts Special Ed 3.0 1.0 1.0 Pupils Received 4.0 3.0 0.0 2016-17 User Friendly Budget Summary Page 1 of 19 Generated on July 19, 2016

MONMOUTH Advertised Revenues RED BANK BORO Budget Category Operating Budget: Revenues from Local Sources: Account 2014-15 Actual 2015-16 Revised 2016-17 Anticipated Local Tax Levy 10-1210 14,489,457 15,497,094 16,042,892 Total Tuition 10-1300 0 22,000 11,240 Unrestricted Miscellaneous Revenues 10-1XXX 6,873 20,000 23,154 Interest Earned On Capital Reserve Funds 10-1XXX 96 20 0 Subtotal - Revenues From Local Sources 14,496,426 15,539,114 16,077,286 Revenues from State Sources: Categorical Transportation Aid 10-3121 34,744 34,744 40,184 Extraordinary Aid 10-3131 141,806 90,000 110,000 Categorical Special Education Aid 10-3132 665,749 665,749 684,183 Equalization Aid 10-3176 1,399,215 1,399,215 1,405,361 Categorical Security Aid 10-3177 156,711 156,711 173,565 Supplemental Enrollment Growth Aid 10-3179 0 373,912 Under Adequacy Aid 10-3180 0 339,219 PARCC Readiness Aid 10-3181 0 13,410 Per Pupil Growth Aid 10-3182 0 13,410 Professional Learning Community Aid 10-3183 0 14,130 Other State Aids 10-3XXX 741,394 739,951 0 Subtotal - Revenues From State Sources 3,139,619 3,086,370 3,167,374 Revenues from Federal Sources: Medicaid Reimbursement 10-4200 56,808 17,201 40,990 ARRA/SEMI Revenue 10-4210 12,441 0 0 Subtotal - Revenues From Federal Sources 69,249 17,201 40,990 Budgeted Fund Balance - Operating Budget 10-303 0 310,643 441,412 Adjustment For Prior Year Encumbrances 0 877,340 0 Actual Revenues (Over)/Under Expenditures -696,931 0 0 2016-17 User Friendly Budget Summary Page 2 of 19 Generated on July 19, 2016

MONMOUTH Advertised Revenues RED BANK BORO Budget Category Account 2014-15 Actual 2015-16 Revised 2016-17 Anticipated Total Operating Budget 17,008,363 19,830,668 19,727,062 Grants and Entitlements: Other Revenue From Local Sources 20-1XXX 18,061 95,459 0 Total Revenues From Local Sources 20-1XXX 18,061 95,459 0 Revenues from State Sources: Preschool Education Aid - Pr Yr Carryover 20-3218 211,227 100,763 192,018 Preschool Education Aid 20-3218 3,782,212 3,861,449 3,774,124 Other Restricted Entitlements 20-32XX 232,328 230,574 195,987 Total Revenues From State Sources 4,225,767 4,192,786 4,162,129 Revenues from Federal Sources: Title I 20-4411-4416 770,766 914,333 777,185 Title II 20-4451-4455 70,142 80,624 68,530 Title III 20-4491-4494 107,530 96,720 82,212 I.D.E.A. Part B (Handicapped) 20-4420-4429 317,478 389,269 330,878 Other 20-4XXX 65,786 17,545 0 Total Revenues From Federal Sources 1,331,702 1,498,491 1,258,805 Transfers From Operating Budget-Prek 20-5200 275,317 0 0 Transfers From Operating Budget-Prek (Special Education) 20-5200 0 300,000 325,000 Total Grants And Entitlements 5,850,847 6,086,736 5,745,934 Repayment of Debt: Revenues from Local Sources: Local Tax Levy 40-1210 485,190 478,775 502,125 Total Revenues From Local Sources 485,190 478,775 502,125 Total Local Repayment Of Debt 485,190 478,775 502,125 Actual Revenues (Over)/Under Expenditures 685 0 0 2016-17 User Friendly Budget Summary Page 3 of 19 Generated on July 19, 2016

MONMOUTH Advertised Revenues RED BANK BORO Budget Category Account 2014-15 Actual 2015-16 Revised 2016-17 Anticipated Total Repayment Of Debt 485,875 478,775 502,125 Total Revenues/Sources 23,345,085 26,396,179 25,975,121 Deduct Transfer-Transfers From Operating Budget-Prek 20-5200 275,317 0 0 Deduct Transfer-Transfers From Operating Budget-Prek (Special Education) 20-5200 0 300,000 325,000 Total Revenues/Sources Net of Transfers 23,069,768 26,096,179 25,650,121 2016-17 User Friendly Budget Summary Page 4 of 19 Generated on July 19, 2016

MONMOUTH Advertised Appropriations RED BANK BORO Budget Category Account 2014-15 Actual 2015-16 Revised 2016-17 Anticipated General Current Expense: Instruction: Regular Programs - Instruction 11-1XX-100-XXX 4,210,537 4,430,556 4,202,825 Special Education - Instruction 11-2XX-100-XXX 968,781 1,147,761 1,468,122 Basic Skills/Remedial - Instruction 11-230-100-XXX 0 53,190 56,395 Bilingual Education - Instruction 11-240-100-XXX 791,547 1,140,168 1,162,498 School-Spon. Co/Extra Curr. Actvts. - Inst 11-401-100-XXX 1,768 2,868 6,900 School-Sponsored Athletics - Instruction 11-402-100-XXX 49,621 54,469 56,918 Community Services Programs/Operations 11-800-330-XXX 4,949 9,000 10,000 Support Services: Undistributed Expenditures - Instruction (Tuition) 11-000-100-XXX 693,170 918,947 706,412 Undist. Expenditures - Health Services 11-000-213-XXX 162,527 225,126 184,324 Undist. Expend.-Speech, OT, PT And Related Svcs 11-000-216-XXX 182,401 258,563 302,695 Undist. Expenditures - Guidance 11-000-218-XXX 115,022 132,673 132,085 Undist. Expenditures - Child Study Teams 11-000-219-XXX 298,306 347,629 338,244 Undist. Expend.-Improv. Of Inst. Serv. 11-000-221-XXX 300,098 357,198 296,881 Undist. Expend.-Edu. Media Serv./Library 11-000-222-XXX 173,609 234,060 237,000 Undist. Expend.-Instr. Staff Training Serv. 11-000-223-XXX 4,000 5,198 6,000 Undist. Expend.-Support Serv.-Gen. Admin. 11-000-230-XXX 375,646 617,875 517,516 Undist. Expend.-Support Serv.-School Admin. 11-000-240-XXX 415,115 475,655 490,699 Undist. Expend. - Central Services 11-000-251-XXX 223,912 272,097 253,160 Undist. Expend. - Admin. Info Technology 11-000-252-XXX 114,387 229,851 183,576 Undist. Expend.-Oper. And Maint. Of Plant Serv. 11-000-26X-XXX 1,424,197 1,651,347 1,585,985 Undist. Expend.-Student Transportation Serv. 11-000-270-XXX 923,756 1,081,449 1,214,579 Personal Services - Employee Benefits 11-XXX-XXX-2XX 3,099,480 4,163,746 4,459,500 Total Undistributed Expenditures 8,505,626 10,971,414 10,908,656 Increase In Maintenance Reserve 10-606 500,000 0 0 Total General Current Expense 15,032,829 17,809,426 17,872,314 2016-17 User Friendly Budget Summary Page 5 of 19 Generated on July 19, 2016

MONMOUTH Advertised Appropriations RED BANK BORO Budget Category Capital Expenditures: Account 2014-15 Actual 2015-16 Revised 2016-17 Anticipated Equipment 12-XXX-XXX-730 142,615 91,264 65,675 Facilities Acquisition And Const. Serv. 12-000-400-XXX 54,000 54,000 54,000 Interest Deposit To Capital Reserve 10-604 96 20 0 Total Capital Outlay 196,711 145,284 119,675 Special Schools: Summer School: Summer School - Instruction 13-422-100-XXX 83,999 121,286 112,150 Summer School - Support Services 13-422-200-XXX 64,739 84,560 80,300 Total Summer School 13-422-X00-XXX 148,738 205,846 192,450 Total Special Schools 13-XXX-XXX-XXX 148,738 205,846 192,450 Transfer Of Funds To Charter Schools 10-000-100-56X 1,630,085 1,670,112 1,542,623 General Fund Grand Total 17,008,363 19,830,668 19,727,062 Special Grants and Entitlements: Local Projects 20-XXX-XXX-XXX 18,061 95,459 0 Preschool Education Aid: PEA Instruction 20-218-100-XXX 1,066,110 963,901 1,221,975 Support Services 20-218-200-XXX 3,202,646 3,043,751 3,069,167 Contribution To Charter Schools 20-218-100-56X 0 254,560 0 Total Preschool Education Aid 20-218-XXX-XXX 4,268,756 4,262,212 4,291,142 Other State Projects: Nonpublic Textbooks 20-XXX-XXX-XXX 24,581 20,328 17,278 Nonpublic Auxiliary Services 20-XXX-XXX-XXX 73,993 160,050 136,042 Nonpublic Handicapped Services 20-XXX-XXX-XXX 81,538 0 0 Nonpublic Nursing Services 20-XXX-XXX-XXX 39,015 32,040 27,234 Nonpublic Technology Initiative 20-XXX-XXX-XXX 13,201 9,256 7,868 Nonpublic Security Aid 20-XXX-XXX-XXX 0 8,900 7,565 Total Other State Projects 232,328 230,574 195,987 2016-17 User Friendly Budget Summary Page 6 of 19 Generated on July 19, 2016

MONMOUTH Advertised Appropriations RED BANK BORO Budget Category Account 2014-15 Actual 2015-16 Revised 2016-17 Anticipated Total State Projects 20-XXX-XXX-XXX 4,501,084 4,492,786 4,487,129 Federal Projects: Title I 20-XXX-XXX-XXX 770,766 914,333 777,185 Title II 20-XXX-XXX-XXX 70,142 80,624 68,530 Title III 20-XXX-XXX-XXX 107,530 96,720 82,212 I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 317,478 389,269 330,878 Other 20-XXX-XXX-XXX 65,786 17,545 0 Total Federal Projects 20-XXX-XXX-XXX 1,331,702 1,498,491 1,258,805 Total Special Revenue Funds 5,850,847 6,086,736 5,745,934 Repayment of Debt: Total Regular Debt Service 40-701-510-XXX 485,875 478,775 502,125 Total Debt Service Funds 485,875 478,775 502,125 Total Expenditures/Appropriations 23,345,085 26,396,179 25,975,121 Deduct Transfer-Local Contrib. - Trans To Special Rev- Regular 11-105-100-935 275,317 0 0 Deduct Transfer-Local Contrib. - Trans To Special Rev- Inclusion 11-105-100-936 0 300,000 325,000 Total Expenditures Net of Transfers 23,069,768 26,096,179 25,650,121 2016-17 User Friendly Budget Summary Page 7 of 19 Generated on July 19, 2016

MONMOUTH Advertised Recapitulation of Balances RED BANK BORO Unrestricted: Budget Category Audited Balance 6-30-2014 Audited Balance 6-30-2015 Estimated Balance 6-30-2016 Estimated Balance 6-30-2017 --General Operating Budget 714,679 580,782 412,162 379,067 --Repayment of Debt 683-2 0 0 Restricted for Specific Purposes - General Operating Budget: --Capital Reserve 59,786 59,882 59,902 59,902 --Adult Education Programs 0 0 0 0 --Maintenance Reserve 449,189 949,189 949,189 949,189 --Legal Reserve 191,629 550,340 408,317 0 --Tuition Reserve 0 0 0 0 --Current Expense Emergency Reserve 0 0 0 0 --Impact Aid Reserve for General Expenses (Sections 8002 and 8003) 0 0 0 0 --Impact Aid Reserve for Capital Expenses (Sections 8007 and 8008) 0 0 0 0 Repayment of Debt: --Restricted for Repayment of Debt 0 0 0 0 2016-17 User Friendly Budget Summary Page 8 of 19 Generated on July 19, 2016

MONMOUTH Advertised Per Pupil Cost Calculations RED BANK BORO Per Pupil Cost Calculations 2013-14 Actual Costs 2014-15 Actual Costs 2015-16 Original Budget 2015-16 Revised Budget 2016-17 Proposed Budget Total Budgetary Comparative Per Pupil Cost $12,770 $12,301 $12,979 $14,112 $15,179 Total Classroom Instruction $7,701 $7,461 $7,724 $8,284 $9,086 Classroom-Salaries and Benefits $6,992 $6,815 $7,269 $7,531 $8,471 Classroom-General Supplies and Textbooks $442 $348 $316 $609 $465 Classroom-Purchased Services $267 $299 $140 $145 $150 Total Support Services $2,397 $2,143 $2,369 $2,509 $2,716 Support Services-Salaries and Benefits $1,880 $1,785 $1,960 $2,048 $2,162 Total Administrative Costs $1,322 $1,205 $1,359 $1,609 $1,603 Administration Salaries and Benefits $1,036 $991 $993 $1,095 $1,201 Total Operations and Maintenance of Plant $1,218 $1,381 $1,400 $1,574 $1,617 Operations and Maintenance-Salaries and Benefits $670 $743 $801 $839 $880 Board Contribution to Food Services $0 $0 $0 $0 $0 Total Extracurricular Costs $51 $53 $48 $57 $69 Total Equipment Costs $193 $118 $0 $73 $55 Legal Costs $30 $45 $38 $51 $51 Employee Benefits as a percentage of salaries* 36.59% 37.98% 46.91% 45.08% 47.74% *Does not include pension and social security paid by the State on-behalf of the district. **Federal and State funds in the blended resource school-based budgets. The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the Taxpayers' Guide to Education Spending (formerly the Comparative Spending Guide) and can be found on the Department of Education's Internet website: http://www.state.nj.us/education/guide/. This publication is also available in the board office and public libraries. The same calculations were performed using the 2015-16 revised appropriations and the 2016-17 budgeted appropriations presented in this advertised budget. Total Budgetary Comparative Per Pupil Cost is defined as current expense exclusive of tuition expenditures, transportation, residential costs, and judgments against the school district. For all years it also includes the restricted entitlement aids. With the exception of Total Equipment Cost, each of the other per pupil cost calculations presented is a component of the total comparative per pupil cost, although all components are not shown. 2016-17 User Friendly Budget Summary Page 9 of 19 Generated on July 19, 2016

MONMOUTH Shared Services RED BANK BORO Shared Service Category Type Shared Service Category Description Amount Saved (Optional) Others Partnerships with private preschool providers/head Start to provide Universal grant funded preschool program 0 Others Curriculum and Articulation meetings with Regional Districts, BA's and Superintendents 0 Others Transportation Services, including Fuel Many Partnerships with community and non-profit organizations and Universities to provide services to our students such as the Count Basie Arts for All and Project Write Now Utilize MOESC for transportation of OOD students and non-public transportation 0 Purchasing Participate in cooperative bidding programs with numerous districts for savings on grounds, services, energy and insurance 0 Municipal/Public Works Shared Services with the Boro for trash, recycling, snow removal, water 0 Professional Staff Development Host and include Distrcit PD for our preschool provider partners 0 0 2016-17 User Friendly Budget Summary Page 10 of 19 Generated on July 19, 2016

MONMOUTH Estimated Tax Rate Information RED BANK BORO A. Estimated 16-17 School Tax Rate WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS (A) General Fund School Levy 23,791,439 (B) Estimated Net Taxable Valuation (as of 02/22/16) 2,081,283,910 (C) Estimated 16-17 General Fund School Tax Rate=(A)/(B)x100 1.1431 WITH REPAYMENT OF DEBT AND ADJUSTMENTS (D) Total School Levy 16,545,017 (E) Estimated Net Taxable Valuation (as of 02/22/16) 2,081,283,910 (F) Estimated 16-17 Total School Tax Rate=(D)/(E)x100 0.7949 ----------------------------------------------------------- B. Estimated 16-17 Equalized School Tax Rate WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS (G) General Fund School Levy 23,791,439 (H) Estimated Equalized Valuation (as of 02/22/16) 2,081,283,910 (I) Estimated 16-17 Equalized General Fund School Tax Rate=(G)/(H)x100 1.1431 WITH REPAYMENT OF DEBT AND ADJUSTMENTS (J) Total School Levy 16,545,017 (K) Estimated Equalized Valuation (as of 02/22/16) 2,081,283,910 (L) Estimated 16-17 Equalized Total School Tax Rate=(J)/(K)x100 0.7949 ----------------------------------------------------------- 2016-17 User Friendly Budget Summary Page 11 of 19 Generated on July 19, 2016

MONMOUTH Employee Contract List for District RED BANK BORO NAME=Debra Pappagallo CATEGORY MEASURE Job Title Business Administrator Job Title II Base Annual Salary Amount $112,476 Full-Time Equivalent (FTE) 1.0 Shared with Another District? N Shared County Shared District Job Title Other District Member of Collective Bargaining Unit (CBU)? N Beginning Date of Contract 07/01/15 End Date of Contract 06/30/16 Contracted Number of Annual Work Days 260 Contracted Number of Annual Vacation Days 20 Contracted Number of Annual Sick Days 12 Contracted Number of Annual Personal Days 4 Contracted Number of Annual Consulting Days 0 Number of Other Contracted Non-Working Days 0 Description of Other Contracted Non-Working Days Total Allowances Amount $5,956 Total Bonuses Amount $0 Total Stipends Amount $4,000 District Contributions Above Teacher Contract for Insurance (Health, Dental, Life, Other) $0 District Contributions Above Teacher Contract for Retirement Plans $0 Total Contractual Post-Employment Benefit Amount $15,000 Contractual Post-Employment Benefit Description of Payout of Sick days Max unused at Retirment Contractual Post-Employment Benefit Description of Payout of Vacation days Unused at separation - per diem Contractual Post-Employment Benefit Description of Payout of Personal days N/A Contractual Post-Employment Benefit Description of Other Benefits 1 Contractual Post-Employment Benefit Description of Other Benefits 2 Contractual Post-Employment Benefit Description of Other Benefits 3 2016-17 User Friendly Budget Summary Page 12 of 19 Generated on July 19, 2016

MONMOUTH Employee Contract List for District RED BANK BORO NAME=Debra Pappagallo CATEGORY MEASURE Total Other/In-Kind Remuneration Amount $0 Description of Other/In-Kind Remuneration Annual Option to Buyback Sick Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Vacation Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Personal Time in Cash Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 1 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 2 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 3 Additional Comment 1 Additional Comment 2 Additional Comment 3 2016-17 User Friendly Budget Summary Page 13 of 19 Generated on July 19, 2016

MONMOUTH Employee Contract List for District RED BANK BORO NAME=Jared Rumage CATEGORY MEASURE Job Title Superintendent Job Title II Base Annual Salary Amount $145,000 Full-Time Equivalent (FTE) 1.0 Shared with Another District? N Shared County Shared District Job Title Other District Member of Collective Bargaining Unit (CBU)? N Beginning Date of Contract 07/01/14 End Date of Contract 06/30/18 Contracted Number of Annual Work Days 260 Contracted Number of Annual Vacation Days 20 Contracted Number of Annual Sick Days 12 Contracted Number of Annual Personal Days 4 Contracted Number of Annual Consulting Days 0 Number of Other Contracted Non-Working Days 0 Description of Other Contracted Non-Working Days Total Allowances Amount $3,600 Total Bonuses Amount $21,735 Total Stipends Amount $0 District Contributions Above Teacher Contract for Insurance (Health, Dental, Life, Other) $0 District Contributions Above Teacher Contract for Retirement Plans $0 Total Contractual Post-Employment Benefit Amount $15,000 Contractual Post-Employment Benefit Description of Payout of Sick days maximum unused at retirment Contractual Post-Employment Benefit Description of Payout of Vacation days unused as seperation Contractual Post-Employment Benefit Description of Payout of Personal days N/A Contractual Post-Employment Benefit Description of Other Benefits 1 Contractual Post-Employment Benefit Description of Other Benefits 2 Contractual Post-Employment Benefit Description of Other Benefits 3 2016-17 User Friendly Budget Summary Page 14 of 19 Generated on July 19, 2016

MONMOUTH Employee Contract List for District RED BANK BORO NAME=Jared Rumage CATEGORY MEASURE Total Other/In-Kind Remuneration Amount $0 Description of Other/In-Kind Remuneration Annual Option to Buyback Sick Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Vacation Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Personal Time in Cash Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 1 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 2 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 3 Additional Comment 1 Additional Comment 2 Additional Comment 3 2016-17 User Friendly Budget Summary Page 15 of 19 Generated on July 19, 2016

MONMOUTH Employee Contract List for District RED BANK BORO NAME=Joseph Christiano CATEGORY MEASURE Job Title Information Technology Job Title II N/A Base Annual Salary Amount $92,700 Full-Time Equivalent (FTE) 1.0 Shared with Another District? N Shared County Shared District Job Title Other District Member of Collective Bargaining Unit (CBU)? N Beginning Date of Contract 07/01/15 End Date of Contract 06/30/16 Contracted Number of Annual Work Days 260 Contracted Number of Annual Vacation Days 15 Contracted Number of Annual Sick Days 12 Contracted Number of Annual Personal Days 4 Contracted Number of Annual Consulting Days 0 Number of Other Contracted Non-Working Days 0 Description of Other Contracted Non-Working Days Total Allowances Amount $8,244 Total Bonuses Amount $0 Total Stipends Amount $0 District Contributions Above Teacher Contract for Insurance (Health, Dental, Life, Other) $3,500 District Contributions Above Teacher Contract for Retirement Plans $0 Total Contractual Post-Employment Benefit Amount $0 Contractual Post-Employment Benefit Description of Payout of Sick days N/A Contractual Post-Employment Benefit Description of Payout of Vacation days N/A Contractual Post-Employment Benefit Description of Payout of Personal days N/A Contractual Post-Employment Benefit Description of Other Benefits 1 Contractual Post-Employment Benefit Description of Other Benefits 2 Contractual Post-Employment Benefit Description of Other Benefits 3 2016-17 User Friendly Budget Summary Page 16 of 19 Generated on July 19, 2016

MONMOUTH Employee Contract List for District RED BANK BORO NAME=Joseph Christiano CATEGORY MEASURE Total Other/In-Kind Remuneration Amount $0 Description of Other/In-Kind Remuneration Annual Option to Buyback Sick Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Vacation Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Personal Time in Cash Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 1 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 2 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 3 Additional Comment 1 Additional Comment 2 Additional Comment 3 2016-17 User Friendly Budget Summary Page 17 of 19 Generated on July 19, 2016

MONMOUTH Employee Contract List for District RED BANK BORO NAME=Thomas Berger CATEGORY MEASURE Job Title Coordinator/Director/Manager/Supervisor Job Title II N/A Base Annual Salary Amount $85,280 Full-Time Equivalent (FTE) 1.0 Shared with Another District? N Shared County Shared District Job Title Other District Member of Collective Bargaining Unit (CBU)? N Beginning Date of Contract 07/01/15 End Date of Contract 06/30/16 Contracted Number of Annual Work Days 260 Contracted Number of Annual Vacation Days 10 Contracted Number of Annual Sick Days 12 Contracted Number of Annual Personal Days 4 Contracted Number of Annual Consulting Days 0 Number of Other Contracted Non-Working Days 0 Description of Other Contracted Non-Working Days Total Allowances Amount $800 Total Bonuses Amount $0 Total Stipends Amount $3,300 District Contributions Above Teacher Contract for Insurance (Health, Dental, Life, Other) $4,500 District Contributions Above Teacher Contract for Retirement Plans $0 Total Contractual Post-Employment Benefit Amount $0 Contractual Post-Employment Benefit Description of Payout of Sick days N/A Contractual Post-Employment Benefit Description of Payout of Vacation days N/A Contractual Post-Employment Benefit Description of Payout of Personal days N/A Contractual Post-Employment Benefit Description of Other Benefits 1 Contractual Post-Employment Benefit Description of Other Benefits 2 Contractual Post-Employment Benefit Description of Other Benefits 3 2016-17 User Friendly Budget Summary Page 18 of 19 Generated on July 19, 2016

MONMOUTH Employee Contract List for District RED BANK BORO NAME=Thomas Berger CATEGORY MEASURE Total Other/In-Kind Remuneration Amount $0 Description of Other/In-Kind Remuneration Annual Option to Buyback Sick Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Vacation Time in Cash Description of Other/In-Kind Remuneration Annual Option to Buyback Personal Time in Cash Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 1 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 2 Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 3 Additional Comment 1 Additional Comment 2 Additional Comment 3 2016-17 User Friendly Budget Summary Page 19 of 19 Generated on July 19, 2016