Passaic Advertised Enrollments Lakeland Regional

Passaic Advertised Enrollments Lakeland Regional Pupil Enrollment Categories 10-14-2016 10-13-2017 10-15-2018 Estimate On Roll Regular Full-Time 778.0 744.0 733.0 On Roll Regular Shared-Time 2.0 3.0 3.0 On Roll Special Ed Full-Time 170.0 184.0 183.0 On Roll Special Ed Shared-Time 5.0 2.0 2.0 On Roll Subtotal 955.0 933.0 921.0 In Private School Placements 18.0 17.0 17.0 Sent to Other Districts Regular 1.0 1.5 1.5 Sent to Other Districts Special Ed 5.5 7.0 8.0 Received 7.0 8.0 6.0 2018-19 User Friendly Budget Summary Page 1 of 15 Generated on April 25, 2018

Passaic Advertised Revenues Lakeland Regional Budget Category Operating Budget: Revenues from Local Sources: Account 2016-17 2017-18 Revised 2018-19 Proposed Local Tax Levy 10-1210 17,327,828 17,814,116 18,461,751 Total Tuition 10-1300 786,300 900,000 686,253 Unrestricted Miscellaneous Revenues 10-1XXX 266,897 170,099 195,348 Interest Earned On Maintenance Reserve 10-1XXX 1,200 1,000 1,000 Interest Earned On Capital Reserve Funds 10-1XXX 3,500 1,000 1,000 Subtotal - Revenues From Local Sources 18,385,725 18,886,215 19,345,352 Revenues from State Sources: Categorical Transportation Aid 10-3121 96,677 96,677 355,343 Extraordinary Aid 10-3131 310,439 273,000 300,000 Categorical Special Education Aid 10-3132 687,768 687,768 687,768 Equalization Aid 10-3176 3,876,700 3,876,700 3,876,700 Categorical Security Aid 10-3177 19,744 19,744 19,744 Adjustment Aid 10-3178 126,667 126,667 0 Parcc Readiness Aid 10-3181 10,240 10,240 0 Per Pupil Growth Aid 10-3182 10,240 10,240 0 Professional Learning Community Aid 10-3183 9,470 9,470 0 Other State Aids 10-3XXX 17,052 0 0 Subtotal - Revenues From State Sources 5,164,997 5,110,506 5,239,555 Revenues from Federal Sources: Medicaid Reimbursement 10-4200 12,060 16,469 7,505 Subtotal - Revenues From Federal Sources 12,060 16,469 7,505 Budgeted Fund Balance - Operating Budget 10-303 0 940,224 469,780 Withdrawal From Cap Res-For Local Share 10-307 0 365,000 1,311,764 Withdrawal From Maint. Reserve 10-310 0 475,269 300,000 Adjustment For Prior Year Encumbrances 0 17,262 0 2018-19 User Friendly Budget Summary Page 2 of 15 Generated on April 25, 2018

Passaic Advertised Revenues Lakeland Regional Budget Category Account 2016-17 2017-18 Revised 2018-19 Proposed Revenues (Over)/Under Expenditures -573,052 0 0 Total Operating Budget 22,989,730 25,810,945 26,673,956 Grants and Entitlements: Other Revenue From Local Sources 20-1XXX 2,860 0 0 Total Revenues From Local Sources 20-1XXX 2,860 0 0 Revenues from Federal Sources: Title I 20-4411-4416 74,983 85,544 64,158 Title II 20-4451-4455 15,401 21,255 15,941 I.D.E.A. Part B (Handicapped) 20-4420-4429 223,428 222,031 166,523 Total Revenues From Federal Sources 313,812 328,830 246,622 Total Grants And Entitlements 316,672 328,830 246,622 Repayment of Debt: Revenues from Local Sources: Local Tax Levy 40-1210 333,000 327,100 302,975 Total Revenues From Local Sources 333,000 327,100 302,975 Budgeted Fund Balance 40-303 0 0 8,225 Total Local Repayment Of Debt 333,000 327,100 311,200 Total Repayment Of Debt 333,000 327,100 311,200 Total Revenues/Sources 23,639,402 26,466,875 27,231,778 Total Revenues/Sources Net of Transfers 23,639,402 26,466,875 27,231,778 2018-19 User Friendly Budget Summary Page 3 of 15 Generated on April 25, 2018

Passaic Advertised Appropriations Lakeland Regional Budget Category Account 2016-17 2017-18 Revised 2018-19 Proposed General Current Expense: Instruction: Regular Programs - Instruction 11-1XX-100-XXX 6,061,159 6,445,888 6,613,601 Special Education - Instruction 11-2XX-100-XXX 1,946,873 2,252,341 2,510,500 Bilingual Education - Instruction 11-240-100-XXX 15,627 6,078 0 School-Spon. Co/Extra Curr. Actvts. - Inst 11-401-100-XXX 186,162 190,153 199,201 School-Sponsored Athletics - Instruction 11-402-100-XXX 708,541 729,258 745,781 Summer School 11-422-XXX-XXX 83,006 20,497 87,209 Instructional Alternative Ed Program 11-423-XXX-XXX 23,023 48,317 24,668 Support Services: Undistributed Expenditures - Instruction (Tuition) 11-000-100-XXX 2,287,978 3,671,913 2,977,017 Undist. Expend.-Attendance And Social Work 11-000-211-XXX 149,004 98,235 54,105 Undist. Expenditures - Health Services 11-000-213-XXX 230,009 212,961 436,209 Undist. Expend.-Speech, OT, PT And Related Svcs 11-000-216-XXX 498,219 840,242 440,567 Undist Expend-Oth Supp Serv Std-Extra Serv 11-000-217-XXX 127,531 128,987 48,846 Undist. Expenditures - Guidance 11-000-218-XXX 684,162 672,528 644,306 Undist. Expenditures - Child Study Teams 11-000-219-XXX 451,915 658,500 741,112 Undist. Expend.-Improv. Of Inst. Serv. 11-000-221-XXX 744,469 762,223 897,788 Undist. Expend.-Edu. Media Serv./Library 11-000-222-XXX 292,136 302,131 306,382 Undist. Expend.-Instr. Staff Training Serv. 11-000-223-XXX 1,443 5,295 0 Undist. Expend.-Support Serv.-Gen. Admin. 11-000-230-XXX 438,748 518,326 480,781 Undist. Expend.-Support Serv.-School Admin. 11-000-240-XXX 427,204 467,591 465,170 Undist. Expend. - Central Services 11-000-251-XXX 312,489 297,314 317,691 Undist. Expend. - Admin. Info Technology 11-000-252-XXX 129,436 175,242 130,896 Undist. Expend.-Oper. And Maint. Of Plant Serv. 11-000-26X-XXX 1,541,100 1,866,537 1,686,222 Undist. Expend.-Student Transportation Serv. 11-000-270-XXX 1,757,134 955,629 1,102,539 Personal Services - Employee Benefits 11-XXX-XXX-2XX 3,525,632 4,087,863 4,272,012 Total Undistributed Expenditures 13,598,609 15,721,517 15,001,643 Interest Earned On Maintenance Reserve 10-606 0 1,000 1,000 2018-19 User Friendly Budget Summary Page 4 of 15 Generated on April 25, 2018

Passaic Advertised Appropriations Lakeland Regional Budget Category Account 2016-17 2017-18 Revised 2018-19 Proposed Total General Current Expense 22,623,000 25,415,049 25,183,603 Capital Expenditures: Equipment 12-XXX-XXX-730 75,674 0 147,693 Facilities Acquisition And Const. Serv. 12-000-400-XXX 29,896 29,896 1,341,660 Capital Reserve - Transfer To Capital Projects 12-000-400-931 261,160 365,000 0 Interest Deposit To Capital Reserve 10-604 0 1,000 1,000 Total Capital Outlay 366,730 395,896 1,490,353 General Fund Grand Total 22,989,730 25,810,945 26,673,956 Special Grants and Entitlements: Local Projects 20-XXX-XXX-XXX 2,860 0 0 Federal Projects: Title I 20-XXX-XXX-XXX 74,983 85,544 64,158 Title II 20-XXX-XXX-XXX 15,401 21,255 15,941 I.D.E.A. Part B (Handicapped) 20-XXX-XXX-XXX 223,428 222,031 166,523 Total Federal Projects 20-XXX-XXX-XXX 313,812 328,830 246,622 Total Special Revenue Funds 316,672 328,830 246,622 Repayment of Debt: Total Regular Debt Service 40-701-510-XXX 333,000 327,100 311,200 Total Debt Service Funds 333,000 327,100 311,200 Total Expenditures/Appropriations 23,639,402 26,466,875 27,231,778 Total Expenditures Net of Transfers 23,639,402 26,466,875 27,231,778 2018-19 User Friendly Budget Summary Page 5 of 15 Generated on April 25, 2018

Passaic Advertised Recapitulation of Balances Lakeland Regional Fund Balance Category Budget Category Audited Balance 06/30/2016 Audited Balance 06/30/2017 Estimated Balance 06/30/2018 Estimated Balance 06/30/2019 Unrestricted General Operating Budget 720,034 1,511,570 985,654 515,874 Unrestricted Repayment of Debt 8,225 8,225 8,225 0 Restricted for General Operating Budget Capital Reserve 1,866,388 1,985,239 1,621,239 310,475 Restricted for General Operating Budget Adult Education Programs 0 0 0 0 Restricted for General Operating Budget Maintenance Reserve 1,087,950 789,611 315,342 16,342 Restricted for General Operating Budget Legal Reserve 0 0 0 0 Restricted for General Operating Budget Tuition Reserve 0 0 0 0 Restricted for General Operating Budget Current Expense Emergency Reserve 0 0 0 0 Restricted for General Operating Budget Impact Aid Reserve for General Expenses (Sections 8002 and 8003) 0 0 0 0 Restricted for General Operating Budget Impact Aid Reserve for Capital Expenses (Sections 8007 and 8008) 0 0 0 0 Restricted for Repayment of Debt Repayment of Debt 0 0 0 0 2018-19 User Friendly Budget Summary Page 6 of 15 Generated on April 25, 2018

Passaic Advertised Per Pupil Cost Calculations Lakeland Regional Per Pupil Cost Calculations 2015-16 Costs 2016-17 Costs 2017-18 Original Budget 2017-18 Revised Budget 2018-19 Proposed Budget Total Budgetary Comparative Per Pupil Cost $19,016 $19,161 $21,798 $22,339 $22,976 Total Classroom Instruction $10,373 $10,454 $11,668 $11,954 $12,755 Classroom-Salaries and Benefits $10,007 $10,114 $11,136 $11,405 $12,299 Classroom-General Supplies and Textbooks $180 $199 $298 $311 $279 Classroom-Purchased Services $186 $141 $233 $239 $178 Total Support Services $3,823 $3,942 $4,803 $4,767 $4,729 Support Services-Salaries and Benefits $3,189 $3,241 $3,796 $3,662 $3,840 Total Administrative Costs $1,596 $1,589 $1,626 $1,853 $1,813 Administration Salaries and Benefits $1,144 $1,175 $1,257 $1,287 $1,344 Total Operations and Maintenance of Plant $1,862 $1,772 $2,207 $2,237 $2,091 Operations and Maintenance-Salaries and Benefits $838 $894 $996 $1,043 $1,161 Board Contribution to Food Services $0 $0 $0 $0 $0 Total Extracurricular Costs $1,063 $1,093 $1,177 $1,188 $1,231 Total Equipment Costs $29 $78 $0 $0 $161 Legal Costs $35 $45 $37 $67 $49 Employee Benefits as a percentage of salaries* 27.31% 25.73% 25.75% 28.45% 28.12% *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 descriptionsof the per pupil cost calculations are contained in the Taxpayers' Guide to Education Spendingand 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 2017-18 revised appropriations and the 2018-19 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. 2018-19 User Friendly Budget Summary Page 7 of 15 Generated on April 25, 2018

Passaic Unusual Revenues and Appropriations Lakeland Regional Item Line Number Source Amount Explanation 1 150 OTHER LEAs 686,253 We run a robust program for Autistic students that has attracted tuition paying students from other LEAs. 1 300 Local Sources 196,099 Use of Facilities charges have risen due to increased use of Lakeland facilities 1 600 TRANSFER FROM CAPITAL RESERVE 1,311,764 2018 to 2019 Facility, Security and Technical Upgrades Project 2018-19 User Friendly Budget Summary Page 8 of 15 Generated on April 25, 2018

Passaic Shared Services Lakeland Regional Shared Service Category Type Transportation Services, including Fuel Shared Service Category Description Amount Saved (Optional) Inter-local agreement with Ringwood BOE for transportation of students, vehicles, fuel and maintenance 0 Purchasing Lakeland participates in the Middlesex Regional Education Services Commission for technology and school bus purchases 0 Purchasing Lakeland participates with the Education Data bids for supplies 0 Municipal/Public Works Wanaque & Ringwood Public Works Depts. assist our school with snow removal from Lakeland property - no money exchanged, we share athletic fields with towns Municipal/Public Works Trash and recycling shared among Wanaque, Ringwood & Lakeland - no money exchanged 0 Municipal/Public Works Lakeland Groundskeepers help maintain Wanaque Borough fields - saves the Municipality, in exchange Lakeland uses fields 0 Curriculum Services Lakeland & Ringwood BOE's sharing costs of new teacher evaluation system (Stronge) 0 Curriculum Services Lakeland, Wanaque & Ringwood BOE's articulate regularly on the curriculum 0 Professional Staff Development Tri-District Professional Development meetings held with all 3 districts in the Regional HS area; Ringwood, Wanaque and Lakeland Regional HS 0 0 2018-19 User Friendly Budget Summary Page 9 of 15 Generated on April 25, 2018

Passaic Estimated Tax Rates Lakeland Regional ID=Ringwood Category Amount (A) General Fund School Levy 10,392,607 (D) Total School Levy 10,760,244 (B) Estimated Net Taxable Valuation (as of 01/11/18) 1,466,348,400 (H) Estimated Equalized Valuation (as of 10/01/17) 1,661,924,285 (C) Estimated 2018-19 General Fund School Tax Rate, Without Repayment of Debt or Adjustments=100x(A)/(B) 0.7087 (F) Estimated 2018-19 Total School Tax Rate, With Repayment of Debt and Adjustments=100x(D)/(B) 0.7338 (I) Estimated 2018-19 Equalized General Fund School Tax Rate, Without Repayment of Debt or Adjustments=100x(A)/(H) 0.6253 (L) Estimated 2018-19 Equalized Total School Tax Rate, With Repayment of Debt and Adjustments=100x(D)/(H) 0.6475 2018-19 User Friendly Budget Summary Page 10 of 15 Generated on April 25, 2018

Passaic Estimated Tax Rates Lakeland Regional ID=Wanaque Category Amount (A) General Fund School Levy 8,069,144 (D) Total School Levy 8,004,482 (B) Estimated Net Taxable Valuation (as of 01/11/18) 1,119,326,200 (H) Estimated Equalized Valuation (as of 10/01/17) 1,282,640,487 (C) Estimated 2018-19 General Fund School Tax Rate, Without Repayment of Debt or Adjustments=100x(A)/(B) 0.7209 (F) Estimated 2018-19 Total School Tax Rate, With Repayment of Debt and Adjustments=100x(D)/(B) 0.7151 (I) Estimated 2018-19 Equalized General Fund School Tax Rate, Without Repayment of Debt or Adjustments=100x(A)/(H) 0.6291 (L) Estimated 2018-19 Equalized Total School Tax Rate, With Repayment of Debt and Adjustments=100x(D)/(H) 0.6241 2018-19 User Friendly Budget Summary Page 11 of 15 Generated on April 25, 2018

Passaic Employee Contract List for District Lakeland Regional Name=Hugh Beattie Category Measure Job Title Superintendent Job Title II Superintendent Base Annual Salary Amount $174,689 Full-Time Equivalent (FTE) 1.0 Shared with Another District? N Shared County None Reported Shared District None Reported Job Title Other District None Reported Member of Collective Bargaining Unit (CBU)? N Beginning Date of Contract 07/01/17 End Date of Contract 06/30/22 Contracted Number of Annual Work Days 260 Contracted Number of Annual Vacation Days 23 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 None Reported Total Allowances Amount $5,000 Total Bonuses Amount $0 Total Stipends Amount $0 District Contributions Above Teacher Contract for Insurance (Health, Dental, Life, Other) $0 District Contributions Above Teacher Contract for Retirement Plans $0 Total Contractual Post-Employment Benefit Amount $14,012 Contractual Post-Employment Benefit Description of Payout of Sick days $70 per day-max of 150 days/10 year tenure needed Contractual Post-Employment Benefit Description of Payout of Vacation days 23 days max at daily rate Contractual Post-Employment Benefit Description of Payout of Personal days No provision for payout on personal days Contractual Post-Employment Benefit Description of Other Benefits 1 None Reported Contractual Post-Employment Benefit Description of Other Benefits 2 None Reported Contractual Post-Employment Benefit Description of Other Benefits 3 None Reported 2018-19 User Friendly Budget Summary Page 12 of 15 Generated on April 25, 2018

Passaic Employee Contract List for District Lakeland Regional Name=Hugh Beattie Category Measure Total Other/In-Kind Remuneration Amount $0 Description of Other/In-Kind Remuneration Annual Option to Buyback Sick Time in Cash None Reported Description of Other/In-Kind Remuneration Annual Option to Buyback Vacation Time in Cash None Reported Description of Other/In-Kind Remuneration Annual Option to Buyback Personal Time in Cash None Reported Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 1 None Reported Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 2 None Reported Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 3 None Reported Additional Comment 1 None Reported Additional Comment 2 None Reported Additional Comment 3 None Reported 2018-19 User Friendly Budget Summary Page 13 of 15 Generated on April 25, 2018

Passaic Employee Contract List for District Lakeland Regional Name=Kathryn Davenport Category Measure Job Title Business Administrator Job Title II Business Administrator Base Annual Salary Amount $133,102 Full-Time Equivalent (FTE) 1.0 Shared with Another District? N Shared County None Reported Shared District None Reported Job Title Other District None Reported Member of Collective Bargaining Unit (CBU)? N Beginning Date of Contract 07/01/18 End Date of Contract 06/30/19 Contracted Number of Annual Work Days 260 Contracted Number of Annual Vacation Days 23 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 None Reported Total Allowances Amount $5,000 Total Bonuses Amount $0 Total Stipends Amount $0 District Contributions Above Teacher Contract for Insurance (Health, Dental, Life, Other) $0 District Contributions Above Teacher Contract for Retirement Plans $0 Total Contractual Post-Employment Benefit Amount $8,232 Contractual Post-Employment Benefit Description of Payout of Sick days $70 per day-max of 150 days/10 year tenure needed Contractual Post-Employment Benefit Description of Payout of Vacation days 23 days max at daily rate Contractual Post-Employment Benefit Description of Payout of Personal days No provision for payout on personal days Contractual Post-Employment Benefit Description of Other Benefits 1 None Reported Contractual Post-Employment Benefit Description of Other Benefits 2 None Reported Contractual Post-Employment Benefit Description of Other Benefits 3 None Reported 2018-19 User Friendly Budget Summary Page 14 of 15 Generated on April 25, 2018

Passaic Employee Contract List for District Lakeland Regional Name=Kathryn Davenport Category Measure Total Other/In-Kind Remuneration Amount $0 Description of Other/In-Kind Remuneration Annual Option to Buyback Sick Time in Cash None Reported Description of Other/In-Kind Remuneration Annual Option to Buyback Vacation Time in Cash None Reported Description of Other/In-Kind Remuneration Annual Option to Buyback Personal Time in Cash None Reported Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 1 None Reported Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 2 None Reported Description of Other/In-Kind Remuneration Annual Option to Other Remuneration 3 None Reported Additional Comment 1 None Reported Additional Comment 2 None Reported Additional Comment 3 None Reported 2018-19 User Friendly Budget Summary Page 15 of 15 Generated on April 25, 2018