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User Friendly Budgets
2010

MIDDLESEX - OLD BRIDGE TWP

Advertised Enrollments
Enrollment Category	October 15, 2008 Actual	October 15, 2009 Actual	October 15, 2010 Estimated
Pupils on Roll Regular Full-Time	8,528	8,417	8,411
Pupils on Roll Regular Shared-Time	0	1	1
Pupils on Roll Reg Accr. Adult High Sch	484	485	484

Pupils on Roll - Special Full-Time	1,099	1,089	1,088
Pupils on Roll - Special Shared-Time	13	11	11
Private School Placements	62	65	70

Pupils Sent to Other Districts-Reg Prog	7	2	2
Pupils Sent to Other Dists-Spec Ed Prog	35	41	42
Pupils Received	4	1	1
Pupils in State Facilities	3	2	2

Advertised Revenues
Budget Category	Account	2008-09 Actual	2009-10 Revised	2010-11 Anticipated
OPERATING BUDGET
Budgeted Fund Balance - Operating Budget	10-303	0	4,482,722	4,756,769
Revenues from Local Sources:
Local Tax Levy	10-1210	83,083,096	83,644,545	84,320,510
Tuition	10-1300	123,965	100,000	25,000
Interest Earned on Capital Reserve Funds	10-1XXX	0	2,501	3,084
Other Restricted Miscellaneous Revenues	10-1XXX	553,539	0	0
Unrestricted Miscellaneous Revenues	10-1XXX	0	430,000	430,000
SUBTOTAL		83,760,600	84,177,046	84,778,594
Revenues from State Sources:
Aid for Adult and Post-Graduate Programs	10-3191	551,304	0	0
Extraordinary Aid	10-3131	847,842	640,743	640,743
Other State Aids	10-3XXX	116,282	0	0
Categorical Special Education Aid	10-3132	5,142,502	5,269,948	3,206,032
Equalization Aid	10-3176	37,271,476	29,986,611	36,575,362
Categorical Security Aid	10-3177	880,345	940,362	0
Categorical Transportation Aid	10-3121	2,879,109	3,726,420	0
SUBTOTAL		47,688,860	40,564,084	40,422,137
Revenues from Federal Sources:
Medicaid Reimbursement	10-4200	0	71,799	71,993
Equalization Aid - ARRA ESF	16-4520	0	6,399,304	0
Equalization Aid - ARRA GSF	17-4521	0	247,727	0
SUBTOTAL		0	6,718,830	71,993
Adjustment for Prior Year Encumbrances		0	294,787	0
Actual Revenues (Over)/Under Expenditures		-1,261,336	0	0
TOTAL OPERATING BUDGET		130,188,124	136,237,469	130,029,493
GRANTS AND ENTITLEMENTS
Revenues from Local Sources	20-1XXX	123,743	528,453	0
Revenues from State Sources:
Other Restricted Entitlements	20-32XX	705,464	719,277	659,572
TOTAL REVENUES FROM STATE SOURCES		705,464	719,277	659,572
Revenues from Federal Sources:
Title I	20-4411-4416	804,906	675,658	464,343
I.D.E.A. Part B (Handicapped)	20-4420-4429	2,269,437	4,721,669	2,154,542
Other	20-4XXX	339,388	714,036	0
TOTAL REVENUES FROM FEDERAL SOURCES		3,413,731	6,111,363	2,618,885
TOTAL GRANTS AND ENTITLEMENTS		4,242,938	7,359,093	3,278,457
REPAYMENT OF DEBT
Revenues from Local Sources:
Local Tax Levy	40-1210	2,911,113	2,938,594	2,947,219
TOTAL REVENUES FROM LOCAL SOURCES		2,911,113	2,938,594	2,947,219
TOTAL LOCAL REPAYMENT OF DEBT		2,911,113	2,938,594	2,947,219
Actual Revenues (Over)/Under Expenditures		30,264	0	0
TOTAL REPAYMENT OF DEBT		2,941,377	2,938,594	2,947,219
TOTAL REVENUES/SOURCES		137,372,439	146,535,156	136,255,169
DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL REVENUES/SOURCES NET OF TRANSFERS		137,372,439	146,535,156	136,255,169

Advertised Appropriations
Budget Category	Account	2008-09 Expenditures	2009-10 Rev. Approp.	2010-11 Appropriations
GENERAL CURRENT EXPENSE
Instruction:
Regular Programs	11-1XX-100-XXX	38,337,013	39,748,692	38,105,290
Special Education	11-2XX-100-XXX	9,842,542	10,414,259	10,620,625
Basic Skills/Remedial	11-230-100-XXX	2,943,884	3,209,362	3,426,436
Bilingual Education	11-240-100-XXX	987,749	980,101	960,484
School-Spon. Co/Extra-Curr. Activities	11-401-100-XXX	245,928	279,420	209,982
School Sponsored Athletics	11-402-100-XXX	1,087,195	1,121,189	974,988
Community Services Programs/Operations	11-800-330-XXX	4,903	5,150	5,253
Support Services:
Tuition	11-000-100-XXX	4,566,189	3,945,348	4,702,817
Attendance and Social Work Services	11-000-211-XXX	178,558	187,841	184,405
Health Services	11-000-213-XXX	1,378,090	1,407,208	1,317,129
Speech, OT, PT, Related & Extraordinary Services	11-000-216,217	1,962,892	1,777,721	1,823,865
Guidance	11-000-218-XXX	2,513,102	2,629,743	2,750,501
Child Study Teams	11-000-219-XXX	2,178,064	2,875,240	2,232,443
Improvement of Instructional Services	11-000-221-XXX	1,377,232	1,451,103	1,477,250
Educational Media Services - School Library	11-000-222-XXX	1,211,991	1,326,565	1,059,715
Instructional Staff Training Services	11-000-223-XXX	90,458	116,250	100,500
General Administration	11-000-230-XXX	2,118,668	2,281,563	2,266,473
School Administration	11-000-240-XXX	5,229,444	5,426,703	5,367,058
Central Svcs & Admin Info Technology	11-000-25X-XXX	1,610,491	1,585,040	1,575,708
Operation and Maintenance of Plant Services	11-000-26X-XXX	14,589,722	15,764,715	14,951,932
Student Transportation Services	11-000-270-XXX	8,555,547	9,485,603	9,129,707
Personal Services - Employee Benefits	11-XXX-XXX-2XX	22,404,199	24,123,163	25,134,244
Total Support Services Expenditures		69,964,647	74,383,806	74,073,747
TOTAL GENERAL CURRENT EXPENSE		123,413,861	130,141,979	128,376,805
CAPITAL EXPENDITURES
Interest Earned on Capital Reserve	10-604	0	2,501	3,084
Equipment	12-XXX-XXX-73X	481,707	957,326	184,400
Facilities Acquisition and Construction Services	12-000-4XX-XXX	5,546,580	4,333,960	1,327,657
TOTAL CAPITAL EXPENDITURES		6,028,287	5,293,787	1,515,141
Other Special Schools:
Instruction	13-4XX-100-XXX	0	0	100,000
Total Other Special Schools		0	0	100,000
Accredited Evening/Adult High School/Post-Graduate:
Instruction	13-601-100-XXX	421,842	445,360	0
Support Services	13-601-200-XXX	286,947	304,311	0
Total Accredited Evening/Adult HS/Post-Grad.		708,789	749,671	0
TOTAL SPECIAL SCHOOLS		708,789	749,671	100,000
Transfer of Funds to Charter Schools	10-000-100-56X	37,187	52,032	37,547
OPERATING BUDGET GRAND TOTAL		130,188,124	136,237,469	130,029,493
SPECIAL GRANTS AND ENTITLEMENTS
Local Projects	20-XXX-XXX-XXX	123,743	528,453	0
Other State Projects:
Nonpublic Textbooks	20-XXX-XXX-XXX	70,628	86,128	86,128
Nonpublic Auxiliary Services	20-XXX-XXX-XXX	0	252,768	252,768
Nonpublic Handicapped Services	20-XXX-XXX-XXX	0	218,540	218,540
Nonpublic Nursing Services	20-XXX-XXX-XXX	95,343	102,136	102,136
Nonpublic Technology Initiative	20-XXX-XXX-XXX	49,400	0	0
Other Special Projects	20-XXX-XXX-XXX	490,093	59,705	0
Total State Projects		705,464	719,277	659,572
Federal Projects:
Title I	20-XXX-XXX-XXX	804,906	675,658	464,343
I.D.E.A. Part B (Handicapped)	20-XXX-XXX-XXX	2,269,437	4,721,669	2,154,542
Other Special Projects	20-XXX-XXX-XXX	339,388	714,036	0
Total Federal Projects		3,413,731	6,111,363	2,618,885
TOTAL GRANTS AND ENTITLEMENTS		4,242,938	7,359,093	3,278,457
REPAYMENT OF DEBT
Repayment of Debt - Regular	40-701-510-XXX	2,941,377	2,938,594	2,947,219
TOTAL REPAYMENT OF DEBT		2,941,377	2,938,594	2,947,219
Total Expenditures		137,372,439	146,535,156	136,255,169
DEDUCT AMOUNTS INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
TOTAL EXPENDITURES NET OF TRANSFERS		137,372,439	146,535,156	136,255,169

Advertised Recapitulation of Balances
Budget Category	Audited Balance 6/30/08	Audited Balance 6/30/09	Estimated Balance 6/30/10	Estimated Balance 6/30/11
Unassigned:
General Operating Budget	2,742,654	3,936,911	1,062,629	1,062,629
Repayment of Debt	30,264	0	0	0
Reserved for Specific Purposes:
General Operating Budget:
Capital Reserve	250,100	255,685	258,186	261,270
Adult Education Programs	0	0	0	0
Maintenance Reserve	0	500,000	500,000	500,000
Legal Reserve	6,529,417	6,006,121	4,756,769	0
Tuition Reserve	0	0	0	0
Current Expense Emergency Reserve	0	0	0	0
Restricted for Repayment of Debt	0	0	0	0

Advertised Per Pupil Cost Calculations
	2007-08 Actual	2008-09 Actual	2009-10 Original Budget	2009-10 Revised Budget	2010-11 Proposed Budget
Total Comparative Per Pupil Cost	10,676	11,460	11,985	12,248	12,036
Total Classroom Instruction	6,495	7,078	7,293	7,421	7,399
Classroom-Salaries and Benefits	6,308	6,866	7,055	7,167	7,194
Classroom-General Supplies and Textbooks	161	197	217	229	184
Classroom-Purchased Services and Other	27	15	21	25	21
Total Support Services	1,329	1,453	1,491	1,568	1,499
Support Services-Salaries and Benefits	1,222	1,326	1,370	1,388	1,381
Total Administrative Costs	1,059	1,140	1,158	1,186	1,204
Administration-Salaries and Benefits	863	929	958	979	1,003
Legal Costs	0	0	21	24	24
Total Operations and Maintenance of Plant	1,548	1,518	1,753	1,780	1,678
Operations & Maintenance of Plant-Salary & Ben.	462	0	507	514	416
Total Food Services Costs	0	0	0	0	0
Total Extracurricular Costs	165	175	183	185	159
Total Equipment Costs	33	50	52	101	19
Employee Benefits as a % of Salaries	27.6	31.8	31.3	31.2	33.6

The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations are contained in the 2010 Comparative Spending Guide and can be found on the Department of Education's Internet address: http://www.state.nj.us/education under Finance, when available. This publication is available in the board office and public libraries. The same calculations were performed using the 2009-10 revised appropriations and 2010-11 budgeted appropriations presented in this advertised budget. Total 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.

Shared Services
1) Fuel Depot-The Township shares its fuel depot with the Board of Education at a savings to the district. 2) Grant Writer-The Board of Education and Township split the cost of salary and benefits for a grant writer, to actively seek outside funding sources for district and township purposes. 3) TV Studio-The township uses the services of district students to assist in the operation of the District's Local Access Channel. 4) Summer Programs/Camp Robin (special needs Student Camp)-The Township uses the district schools for summer programs. The district provides transportation and nursing services for Camp Robin(special needs)students 5)Before and After School Care Programs-The Township uses the district schools for before and after care school programs. 6) Parks and Recreation Programs-The township uses the district schools for after school activities. The township reimburses the district for custodial costs. 7) Ice Arena-The district's Ice Hockey Team uses the Township Ice Arena at a savings of ice rental fees. 8)Mercer/Middlesex Cooperative -The district participates in this coop for purchasing supplies and equipment. 9) State Contracts-The district utilizes the NJ State Contracts for purchasing. 10) ACES Cooperative -The district participates in the ACES Electricity Cooperative. 11) Middlesex Regional EnergyServices Collaborative. The district is part of the Demand Response Program for Electricity Usage with the MRESC. 12)Middlesex Regional Gas Cooperative -The district is part of the MRESC Gas cooperative for Gas Usage. 13) Transportation Jointures -The district participates in jointure contracts with the Middlesex Regional Ed Services Commission and Monmouth Ocean Ed Services Commission for transporting out of district students.

Shared Services

1) Fuel Depot-The Township shares its fuel depot with the Board of
Education at a savings to the district.
2) Grant Writer-The Board of Education and Township split the cost of
salary and benefits for a grant writer, to actively seek outside funding
sources for district and township purposes.
3) TV Studio-The township uses the services of district students to
assist in the operation of the District's Local Access Channel.
4) Summer Programs/Camp Robin (special needs Student Camp)-The Township
uses the district schools for summer programs. The district provides
transportation and nursing services for Camp Robin(special needs)students
5)Before and After School Care Programs-The Township uses the district
schools for before and after care school programs.
6) Parks and Recreation Programs-The township uses the district schools
for after school activities. The township reimburses the district for
custodial costs.
7) Ice Arena-The district's Ice Hockey Team uses the Township Ice Arena
at a savings of ice rental fees.
8)Mercer/Middlesex Cooperative -The district participates in this coop
for purchasing supplies and equipment.
9) State Contracts-The district utilizes the NJ State Contracts for
purchasing.
10) ACES Cooperative -The district participates in the ACES Electricity
Cooperative.
11) Middlesex Regional EnergyServices Collaborative. The district is part
of the Demand Response Program for Electricity Usage with the MRESC.
12)Middlesex Regional Gas Cooperative -The district is part of the MRESC
Gas cooperative for Gas Usage.
13) Transportation Jointures -The district participates in jointure
contracts with the Middlesex Regional Ed Services Commission and Monmouth
Ocean Ed Services Commission for transporting out of district students.

Estimated Tax Rate Information
A. Estimated 10-11 School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy	84,320,510 (A)
Estimated Net Taxable Valuation (as of 02/01/2010)	3,395,973,211 (B)
Estimated 10-11 General Fund School Tax Rate=(A)/(B)x100	2.4830 (C)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy	87,267,729 (D)
Estimated Net Taxable Valuation (as of 02/01/2010)	3,395,973,211 (E)
Estimated 10-11 Total School Tax Rate=(D)/(E)x100	2.5697 (F)
B. Estimated 10-11 Equalized School Tax Rate
WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy	84,320,510 (G)
Estimated Equalized Valuation (as of 02/01/2010)	7,844,705,962 (H)
Estimated 10-11 Equalized General Fund School Tax Rate=(G)/(H)x100	1.0749 (I)
WITH REPAYMENT OF DEBT AND ADJUSTMENTS
Total School Levy	87,267,729 (J)
Estimated Equalized Valuation (as of 02/01/2010)	7,844,705,962 (K)
Estimated 10-11 Equalized Total School Tax Rate=(J)/(K)x100	1.1124 (L)

Administrative Salaries
Employee Name: Carylee A. Johnson
Job Title	Superintendent Asst Board Secretary
Base Annual Salary	92,700
Full Time Equivalents (FTE)	1.0
Shared with another district?	N
Member of Collective Bargaining Unit?	N
Contract Terms:
Beginning Date of Contract	07/01/2009
Ending Date of Contract	06/30/2010
Contracted Number of Annual Work Days	235
Contracted Number of Annual Vacation Days	20
Contracted Number of Annual Sick Days	12
Contracted Number of Annual Personal Days	2
Contracted Number of Annual Consulting Days	0
Number of Other Contracted Non-working Days	0
Description of Other Contracted Non-working Days
Benefits:
Allowances	3,462
Bonuses	0
Stipends	0
District Contributions above Teacher Contract:
Insurance: Health, Dental, Life, Other	0
Retirement Plans	0
Contractual Post-Employment Benefits Amount	51,281
Description of:
Buyback of Sick Days at the End of Contract	50%MAX200 DAYS 1/235 RETIREMENT SALARY
Buyback of Vacation Days at the End of Contract	MAX 30 DAYS AT RETIREMENT
Buyback of Personal Days at the End of Contract
Other Contractual Post-Employment Benefits
Other/In-Kind Remuneration	0
Description of:
Annual Option to Buy Back Sick Time in Cash
Annual Option to Buy Back Vacation Time in Cash
Annual Option to Buy Back Personal Time in Cash
All Other In-Kind or Other Remuneration
Additional Comments
Employee Name: Denise Capasso
Job Title	Coordinator/Dir./Mgr./Supvr. Director of Transportation
Base Annual Salary	90,000
Full Time Equivalents (FTE)	1.0
Shared with another district?	N
Member of Collective Bargaining Unit?	N
Contract Terms:
Beginning Date of Contract	07/01/2009
Ending Date of Contract	06/30/2010
Contracted Number of Annual Work Days	235
Contracted Number of Annual Vacation Days	20
Contracted Number of Annual Sick Days	12
Contracted Number of Annual Personal Days	2
Contracted Number of Annual Consulting Days	0
Number of Other Contracted Non-working Days	0
Description of Other Contracted Non-working Days
Benefits:
Allowances	0
Bonuses	0
Stipends	0
District Contributions above Teacher Contract:
Insurance: Health, Dental, Life, Other	0
Retirement Plans	0
Contractual Post-Employment Benefits Amount	0
Description of:
Buyback of Sick Days at the End of Contract	50%MAX200 DAYS 1/235 RETIREMENT SALARY
Buyback of Vacation Days at the End of Contract	MAX 30 DAYS AT RETIREMENT AT 1/235
Buyback of Personal Days at the End of Contract
Other Contractual Post-Employment Benefits
Other/In-Kind Remuneration	0
Description of:
Annual Option to Buy Back Sick Time in Cash
Annual Option to Buy Back Vacation Time in Cash
Annual Option to Buy Back Personal Time in Cash
All Other In-Kind or Other Remuneration
Additional Comments
Employee Name: Francis M. Perrino
Job Title	Assistant Superintendent for Human Resources
Base Annual Salary	172,000
Full Time Equivalents (FTE)	1.0
Shared with another district?	N
Member of Collective Bargaining Unit?	N
Contract Terms:
Beginning Date of Contract	07/01/2009
Ending Date of Contract	06/30/2010
Contracted Number of Annual Work Days	239
Contracted Number of Annual Vacation Days	20
Contracted Number of Annual Sick Days	12
Contracted Number of Annual Personal Days	2
Contracted Number of Annual Consulting Days	0
Number of Other Contracted Non-working Days	0
Description of Other Contracted Non-working Days
Benefits:
Allowances	1,920
Bonuses	0
Stipends	0
District Contributions above Teacher Contract:
Insurance: Health, Dental, Life, Other	0
Retirement Plans	0
Contractual Post-Employment Benefits Amount	130,789
Description of:
Buyback of Sick Days at the End of Contract	ACC AS OF 6.8.07-200 DAYS AT 1/260TH
Buyback of Vacation Days at the End of Contract	ACC AS OF 6.8.07-30 DAYS AT 1/235TH
Buyback of Personal Days at the End of Contract
Other Contractual Post-Employment Benefits
Other/In-Kind Remuneration	0
Description of:
Annual Option to Buy Back Sick Time in Cash
Annual Option to Buy Back Vacation Time in Cash
Annual Option to Buy Back Personal Time in Cash
All Other In-Kind or Other Remuneration
Additional Comments
Employee Name: Frank Frazzitta
Job Title	Coordinator/Dir./Mgr./Supvr. Director of Plant Services
Base Annual Salary	107,538
Full Time Equivalents (FTE)	1.0
Shared with another district?	N
Member of Collective Bargaining Unit?	N
Contract Terms:
Beginning Date of Contract	07/01/2009
Ending Date of Contract	06/30/2010
Contracted Number of Annual Work Days	235
Contracted Number of Annual Vacation Days	25
Contracted Number of Annual Sick Days	12
Contracted Number of Annual Personal Days	2
Contracted Number of Annual Consulting Days	0
Number of Other Contracted Non-working Days	0
Description of Other Contracted Non-working Days
Benefits:
Allowances	0
Bonuses	0
Stipends	0
District Contributions above Teacher Contract:
Insurance: Health, Dental, Life, Other	0
Retirement Plans	0
Contractual Post-Employment Benefits Amount	59,489
Description of:
Buyback of Sick Days at the End of Contract	50%MAX200 DAYS AT 1/235 SALARY
Buyback of Vacation Days at the End of Contract	30 MAX DAYS AT 1/235 SALARY
Buyback of Personal Days at the End of Contract
Other Contractual Post-Employment Benefits
Other/In-Kind Remuneration	0
Description of:
Annual Option to Buy Back Sick Time in Cash
Annual Option to Buy Back Vacation Time in Cash
Annual Option to Buy Back Personal Time in Cash
All Other In-Kind or Other Remuneration
Additional Comments
Employee Name: Kevin Canton
Job Title	Coordinator/Dir./Mgr./Supvr. Supervisor of Custodians
Base Annual Salary	89,538
Full Time Equivalents (FTE)	1.0
Shared with another district?	N
Member of Collective Bargaining Unit?	N
Contract Terms:
Beginning Date of Contract	07/01/2009
Ending Date of Contract	06/30/2010
Contracted Number of Annual Work Days	235
Contracted Number of Annual Vacation Days	20
Contracted Number of Annual Sick Days	12
Contracted Number of Annual Personal Days	2
Contracted Number of Annual Consulting Days	0
Number of Other Contracted Non-working Days	0
Description of Other Contracted Non-working Days
Benefits:
Allowances	0
Bonuses	0
Stipends	0
District Contributions above Teacher Contract:
Insurance: Health, Dental, Life, Other	0
Retirement Plans	0
Contractual Post-Employment Benefits Amount	0
Description of:
Buyback of Sick Days at the End of Contract	50%MAX 200 DAYS 1/235 RETIREMENT SALAR
Buyback of Vacation Days at the End of Contract	MAX 30 DAYS AT 1/235 RETIREMENT SALARY
Buyback of Personal Days at the End of Contract
Other Contractual Post-Employment Benefits
Other/In-Kind Remuneration	0
Description of:
Annual Option to Buy Back Sick Time in Cash
Annual Option to Buy Back Vacation Time in Cash
Annual Option to Buy Back Personal Time in Cash
All Other In-Kind or Other Remuneration
Additional Comments
Employee Name: Nancy M. Mongon
Job Title	Business Administrator Board Secretary
Base Annual Salary	140,000
Full Time Equivalents (FTE)	1.0
Shared with another district?	N
Member of Collective Bargaining Unit?	N
Contract Terms:
Beginning Date of Contract	07/01/2009
Ending Date of Contract	06/30/2010
Contracted Number of Annual Work Days	239
Contracted Number of Annual Vacation Days	20
Contracted Number of Annual Sick Days	12
Contracted Number of Annual Personal Days	2
Contracted Number of Annual Consulting Days	0
Number of Other Contracted Non-working Days	0
Description of Other Contracted Non-working Days
Benefits:
Allowances	3,920
Bonuses	0
Stipends	0
District Contributions above Teacher Contract:
Insurance: Health, Dental, Life, Other	0
Retirement Plans	0
Contractual Post-Employment Benefits Amount	80,769
Description of:
Buyback of Sick Days at the End of Contract	ACC SICK DAYS AS OF 6.8.07 1/260TH
Buyback of Vacation Days at the End of Contract
Buyback of Personal Days at the End of Contract
Other Contractual Post-Employment Benefits
Other/In-Kind Remuneration	1,489
Description of:
Annual Option to Buy Back Sick Time in Cash	ACC VAC DAYS AS OF 6.8.07 1/260TH
Annual Option to Buy Back Vacation Time in Cash
Annual Option to Buy Back Personal Time in Cash
All Other In-Kind or Other Remuneration
Additional Comments
Employee Name: Simon M. Bosco
Job Title	Superintendent Chief School Administrator
Base Annual Salary	205,000
Full Time Equivalents (FTE)	1.0
Shared with another district?	N
Member of Collective Bargaining Unit?	N
Contract Terms:
Beginning Date of Contract	02/19/2008
Ending Date of Contract	06/30/2012
Contracted Number of Annual Work Days	244
Contracted Number of Annual Vacation Days	25
Contracted Number of Annual Sick Days	12
Contracted Number of Annual Personal Days	2
Contracted Number of Annual Consulting Days	0
Number of Other Contracted Non-working Days	0
Description of Other Contracted Non-working Days
Benefits:
Allowances	6,372
Bonuses	0
Stipends	0
District Contributions above Teacher Contract:
Insurance: Health, Dental, Life, Other	0
Retirement Plans	0
Contractual Post-Employment Benefits Amount	169,253
Description of:
Buyback of Sick Days at the End of Contract	100% OF ACCRUED DAYS AT 1/235TH OF SAL
Buyback of Vacation Days at the End of Contract	$31,423 ACCRUED FY03 THRU FY06
Buyback of Personal Days at the End of Contract	100% OF ACCRUED DAYS AT 1/235TH OF SAL
Other Contractual Post-Employment Benefits
Other/In-Kind Remuneration	21,809
Description of:
Annual Option to Buy Back Sick Time in Cash
Annual Option to Buy Back Vacation Time in Cash	MAX 25 VAC DAYS AT 1/235TH OF SALARY
Annual Option to Buy Back Personal Time in Cash
All Other In-Kind or Other Remuneration
Additional Comments