03/26/2008                                         OCEAN  -  TOMS RIVER REGIONAL

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                     15344                    15001                    14933
      Pupils on Roll Regular Shared-Time                     213                      227                      213

      Pupils on Roll - Special Full-Time                    2108                     2069                     2126
      Pupils on Roll - Special Shared-Time                   145                      151                      138
      Private School Placements                               57                       66                       65

      Pupils Sent to Other Districts-Reg Prog                  4                        2                        2
      Pupils Sent to Other Dists-Spec Ed Prog                 33                       26                       25
      Pupils Received                                         13                        8                        9
      Pupils in State Facilities                              17                       19                       19
 


                                                    OCEAN - TOMS RIVER REGIONAL

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                  1,290,148        3,200,000        4,200,000
      Budgeted Fund Bal - Deposit to Capital Reserve        10-303                                     100,000
      Withdrawal from Cap Res-for Local Share               10-307                                                      300,000
      Transfers from Other Funds                            10-5200                   315,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210               104,580,126      107,722,170      111,634,746
      Tuition                                               10-1300                   255,598          598,522          267,937
      Transportation Fees from Other LEAs                   10-1420-1440              235,126          163,818          164,000
      Interest Earned on Capital Reserve Funds              10-1XXX                 1,211,781                            40,000
      Other Restricted Miscellaneous Revenues               10-1XXX                                    200,000        1,192,937
      Unrestricted Miscellaneous Revenues                   10-1XXX                   393,793          510,000          535,000
      SUBTOTAL                                                                    106,676,424      109,194,510      113,834,620

      Revenues from Intermediate Sources:                                  
      Restricted Revenues from Intermediate Sources         10-2000                    17,465
      TOTAL REVENUES FROM INTERMEDIATE SOURCES                                         17,465

      Revenues from State Sources:                                         
      Core Curriculum Standards Aid                         10-3111                39,379,179       39,379,179
      Transportation Aid                                    10-3120                 3,865,887        3,865,887
      Special Education Aid                                 10-3130                10,521,401       10,521,401
      Bilingual Education                                   10-3140                   115,398          115,398
      Supplemental Stabilization Aid                        10-3172                 9,955,919        9,955,919
      Aid for Adult and Post-Graduate Programs              10-3191                   194,210
      Extraordinary Aid                                     10-3131                   210,588                           226,349
      Consolidated Aid                                      10-3195                 1,825,296        2,019,506
      Additional Formula Aid                                10-3196                 1,994,584        4,049,005
      Other State Aids                                      10-3XXX                    75,783           65,361
      Categorical Special Education Aid                     10-3132                                                   8,411,831
      Equalization Aid                                      10-3176                                                  40,049,363
      Categorical Security Aid                              10-3177                                                   1,426,550
      Adjustment Aid                                        10-3178                                                  18,508,566
      Categorical Transportation Aid                        10-3121                                                   3,576,170
      SUBTOTAL                                                                     68,138,245       69,971,656       72,198,829

      Revenues from Federal Sources:                                       
      Medicaid Reimbursement                                10-4200                    42,021           40,000           40,000
      SUBTOTAL                                                                         42,021           40,000           40,000
      Adjustment for Prior Year Encumbrances                                                         4,781,896
      Actual Revenues (Over)/Under Expenditures                                     5,769,458
      TOTAL OPERATING BUDGET                                                      180,958,613      187,288,062      190,573,449
      GRANTS AND ENTITLEMENTS

      Revenues from State Sources:                                         
      Demonstrably Effective Program Aid                    20-3212                   149,178          149,178
      Instructional Supplement Aid                          20-3214                   479,660          479,660
      Other Restricted Entitlements                         20-32XX                 1,007,338          816,000          816,000
      TOTAL REVENUES FROM STATE SOURCES                                             1,636,176        1,444,838          816,000

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416            2,077,554        1,943,550        1,750,000
      Title VI                                              20-4417-4418                3,334
      I.D.E.A. Part B (Handicapped)                         20-4420-4429            3,758,480        3,797,265        3,206,649
      Other                                                 20-4XXX                 1,039,454          500,000          500,000
      TOTAL REVENUES FROM FEDERAL SOURCES                                           6,878,822        6,240,815        5,456,649
      TOTAL GRANTS AND ENTITLEMENTS                                                 8,514,998        7,685,653        6,272,649
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                   3,428,020        2,386,777
      Transfers from Capital Reserve                        40-5210                 2,323,375

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                 5,696,185        2,905,077        4,065,852
      TOTAL REVENUES FROM LOCAL SOURCES                                             5,696,185        2,905,077        4,065,852

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   455,627          456,351          455,265
      TOTAL LOCAL REPAYMENT OF DEBT                                                 8,475,187        6,789,448        6,907,894
      Actual Revenues (Over)/Under Expenditures                                    -1,516,053
      TOTAL REPAYMENT OF DEBT                                                       6,959,134        6,789,448        6,907,894
      TOTAL REVENUES/SOURCES                                                      196,432,745      201,763,163      203,753,992

      DEDUCT REVENUES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
      Transfers from Capital Reserve                        40-5210                 2,323,375

      TOTAL REVENUES/SOURCES NET OF TRANSFERS
                                                                                  194,109,370      201,763,163      203,753,992
                                                    OCEAN - TOMS RIVER REGIONAL

                                                   Advertised Appropriations

                Budget Category                                Account          2006-07          2007-08         2008-09 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX         57,928,683       60,075,824       61,647,974
      Special Education                                     11-2XX-100-XXX         11,545,027       12,673,781       13,124,450
      Basic Skills/Remedial                                 11-230-100-XXX          1,231,622        1,576,992        1,173,700
      Bilingual Education                                   11-240-100-XXX            334,374          403,200          379,200
      Vocational Programs - Local                           11-3XX-100-XXX          1,932,849        1,982,881        2,126,500
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX            858,451        1,009,152          997,800
      School Sponsored Athletics                            11-402-100-XXX          4,150,735        3,776,354        3,592,150
      Community Services Programs/Operations                11-800-330-XXX             23,314           29,032           30,500
      Support Services:
      Tuition                                               11-000-100-XXX          1,321,587        2,340,398        1,147,718
      Attendance and Social Work Services                   11-000-211-XXX            262,062          275,000          295,000
      Health Services                                       11-000-213-XXX          2,043,345        2,088,955        2,170,500
      Students - Related & Extraordinary                    11-000-216,217          1,871,929        1,979,300        2,025,600
      Guidance                                              11-000-218-XXX          3,852,053        3,887,858        4,074,650
      Child Study Teams                                     11-000-219-XXX          2,546,751        2,788,073        2,766,682
      Improvement of Instructional Services                 11-000-221-XXX          2,579,938        2,995,900        2,981,400
      Educational Media Services - School Library           11-000-222-XXX          1,979,019        1,894,490        1,932,550
      Instructional Staff Training Services                 11-000-223-XXX            403,378          429,750          457,000
      General Administration                                11-000-230-XXX          2,787,595        2,742,193        2,647,525
      School Administration                                 11-000-240-XXX          7,067,708        7,363,281        7,620,000
      Central Svcs & Admin Info Technology                  11-000-25X-XXX          3,727,944        4,089,686        3,425,950
      Deposit to Maintenance Reserve                        10-606                                     600,000          600,000
      Operation and Maintenance of Plant Services           11-000-26X-XXX         18,574,415       17,583,682       18,442,000
      Student Transportation Services                       11-000-270-XXX         11,817,901       12,144,944       12,125,000
      Deposit to Current Expense Emergency Reserve          10-607                                     200,000
      Other Support Services                                11-000-290-XXX                101
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX         37,962,493       40,660,027       44,023,000
      Food Services                                         11-000-310-XXX             50,000           50,000
      Total Support Services Expenditures                                          98,848,219      103,313,537      106,134,575
      TOTAL GENERAL CURRENT EXPENSE                                               176,853,274      185,640,753      189,806,849

      CAPITAL EXPENDITURES
      Deposit to Capital Reserve                            10-604                                     100,000
      Interest Earned on Capital Reserve                    10-604                                                       40,000
      Equipment                                             12-XXX-XXX-73X          1,158,791        1,494,709          374,000
      Facilities Acquisition and Construction Services      12-000-4XX-XXX          2,880,132
      Capital Reserve-Transfer to Capital Expend Fund       12-000-4XX-931                                              300,000
      TOTAL CAPITAL EXPENDITURES                                                    4,038,923        1,594,709          714,000

      SPECIAL SCHOOLS
      Summer School:
      Instruction                                           13-422-100-XXX             42,129           43,500           43,500
      Total Summer School                                                              42,129           43,500           43,500
      Accredited Evening/Adult High School/Post-Graduate:
      Instruction                                           13-601-100-XXX             17,465
      Total Accredited Evening/Adult HS/Post-Grad.                                     17,465
      Adult Education - Local:
      Instruction                                           13-602-100-XXX              6,199
      Total Adult Education - Local                                                     6,199
      Evening School for the Foreign Born - Local:
      Instruction                                           13-631-100-XXX                623            9,100            9,100
      Total Evening School for Foreign-Born - Local                                       623            9,100            9,100
      TOTAL SPECIAL SCHOOLS                                                            66,416           52,600           52,600
      OPERATING BUDGET GRAND TOTAL                                                180,958,613      187,288,062      190,573,449

      SPECIAL GRANTS AND ENTITLEMENTS
      Instruction                                           20-212-100-XXX            149,178          149,178
      TOTAL DEMONSTRABLY EFFECTIVE PROGRAM AID                                        149,178          149,178
      Instructional Supplement Aid:
      Instruction                                           20-214-100-XXX             73,665           74,672
      Support Services                                      20-214-200-XXX            405,995          404,988
      TOTAL INSTRUCTIONAL SUPPLEMENT AID                                              479,660          479,660
      Other State Projects:
      Nonpublic Textbooks                                   20-XXX-XXX-XXX            122,947          131,000          131,000
      Nonpublic Auxiliary Services                          20-XXX-XXX-XXX            520,949          153,000          153,000
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX             97,385          284,000          284,000
      Nonpublic Nursing Services                            20-XXX-XXX-XXX            163,351          158,000          158,000
      Nonpublic Technology Initiative                       20-XXX-XXX-XXX             88,389           90,000           90,000
      Other Special Projects                                20-XXX-XXX-XXX             14,317
      Total State Projects                                                          1,636,176        1,444,838          816,000
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX          2,077,554        1,943,550        1,750,000
      Title VI                                              20-XXX-XXX-XXX              3,334
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX          3,758,480        3,797,265        3,206,649
      Other Special Projects                                20-XXX-XXX-XXX          1,039,454          500,000          500,000
      Total Federal Projects                                                        6,878,822        6,240,815        5,456,649
      TOTAL GRANTS AND ENTITLEMENTS                                                 8,514,998        7,685,653        6,272,649

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX          6,959,134        6,789,448        6,907,894
      TOTAL REPAYMENT OF DEBT                                                       6,959,134        6,789,448        6,907,894
      Total Expenditures                                                          196,432,745      201,763,163      203,753,992

      DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
      Local Contrib-Transfer to Grants & Entitlements       11-1XX-100-930
      Capital Reserve - Transfer to Repayment of Debt       12-000-400-933

      TOTAL EXPENDITURES NET OF TRANSFERS                                         196,432,745      201,763,163      203,753,992

                                                    OCEAN  -  TOMS RIVER REGIONAL

                                          Advertised Recapitulation of Balance

                                                              Audited               Audited              Estimated             Estimated
                                                              Balance               Balance               Balance               Balance
      Budget Category                                        6/30/2006             6/30/2007             6/30/2008             6/30/2009

      Unreserved:
        General Operating Budget                             7,197,645             5,622,730             5,712,878             3,594,069
        Repayment of Debt                                    3,534,968             5,051,021             2,386,777                     0

      Reserved for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                  2,528,766             2,577,603             2,677,603             2,417,603
            Adult Education Programs                                 0                     0                     0                     0
            Maintenance Reserve                              3,733,829             3,440,288             3,040,288             3,640,288
            Legal Reserve                                    2,232,610             3,371,339             2,081,191                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0                     0               200,000               200,000
         Reserved for Repayment of Debt                              0                     0                     0                     0
 



                                                    OCEAN  -  TOMS RIVER REGIONAL

                                               Advertised Per Pupil Cost Calculations

                                                     2008 - 2009

                                                    2005-06        2006-07           2007-08       2007-08       2008-2009
                                                     Actual         Actual           Original      Revised       Proposed
                                                                                      Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            (2)              (3)           (4)            (5)

Total Comparative Per Pupil Cost                            8976            9342           9335           9851          10145
Total Classroom Instruction                                 6014            5403           5556           5798           6026
Classroom-Salaries and Benefits                             5709            5160           5303           5515           5771
Classroom-General Supplies and Textbooks                     184             155            159            179            164
Classroom-Purchased Services and Other                       120              87             94            105             91
Total Support Services                                       884            1171           1201           1252           1278
Support Services-Salaries and Benefits                       810            1102           1131           1178           1210
Total Administrative Costs                                   755             955            948           1026           1019
Administration-Salaries and Benefits                         593             793            826            859            898
Total Operations and Maintenance of Plant                   1032            1223           1103           1199           1274
Operations & Maintenance of Plant-Salary & Ben.              503             693            714            743            797
Total Food Services Costs                                      3               3              3              3              0
Total Extracurricular Costs                                  257             347            326            343            334
Total Equipment Costs                                         27              66             47             87             22
Employee Benefits as a % of Salaries                        31.4            31.6           33.0           33.8           36.0


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2008 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 2007-08 revised appropriations and 2008-09 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.

                                                   OCEAN  -  TOMS RIVER REGIONAL

                Unusual Revenues and Appropriations
                ___________________________________

Line Number   Revenue Source or               08-09 Amount           Description of circumstances
                Approp. Due to    



Total Unusual Revenues: 
                                   0                   Total Unusual Appropriations:               0

                            OCEAN  -  TOMS RIVER REGIONAL

Shared Services -- Description of Shared Services
_________________________________________________

  Toms River Regional Schools saves dollars on fuel for our buses through  
  bulk buying in cooperation with Toms River Township and Toms River       
  Municipal Utilities Authority. Additionally, we assist the township with 
  all aspects of their technology use, vehicle maintenance, and printing   
  needs.  Both budgets have benefitted from this partnership.  We have     
  also generated revenues from assisting a neighboring school district     
  with its printing needs.  When possible we work with neighboring         
  school districts to save on transportation costs for special needs       
  students.                                                                
  Toms River Regional Schools continues to share administrative, cafeteria,
  maintenance, and additional responsibilities in the operation of the     
  Seaside Heights' Hugh J. Boyd Elementary School.                         

                            OCEAN  -  TOMS RIVER REGIONAL

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

DOVER TOWNSHIP           

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                      101,897,133 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 )         6,413,452,768 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           1.5888 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                             105,608,331 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 )         6,413,452,768 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  1.6467 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

DOVER TOWNSHIP           

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                      101,897,133 (G)
Estimated Equalized Valuation (as of 10/01/2007 )          17,123,129,561 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.5951 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                             105,608,331 (J)
Estimated Equalized Valuation (as of 10/01/2007 )          17,123,129,561 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.6168 (L)


                            OCEAN  -  TOMS RIVER REGIONAL

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

SOUTH TOMS RIVER BOROUGH 

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,645,238 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 )           281,002,203 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.5855 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,697,689 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 )           281,002,203 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.6042 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

SOUTH TOMS RIVER BOROUGH 

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,645,238 (G)
Estimated Equalized Valuation (as of 10/01/2007 )             287,342,926 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.5726 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,697,689 (J)
Estimated Equalized Valuation (as of 10/01/2007 )             287,342,926 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.5908 (L)


                            OCEAN  -  TOMS RIVER REGIONAL

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

BEACHWOOD BOROUGH        

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        6,151,979 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 )         1,009,421,076 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.6095 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               6,376,040 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 )         1,009,421,076 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.6317 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

BEACHWOOD BOROUGH        

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        6,151,979 (G)
Estimated Equalized Valuation (as of 10/01/2007 )           1,033,798,776 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.5951 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               6,376,040 (J)
Estimated Equalized Valuation (as of 10/01/2007 )           1,033,798,776 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.6168 (L)


                            OCEAN  -  TOMS RIVER REGIONAL

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 08-09 School Tax Rate
__________________________________

PINE BEACH BOROUGH       

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,875,701 (A)
Estimated Net Taxable Valuation (as of 10/01/2007 )           292,578,881 (B)
Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.6411 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,944,016 (D)
Estimated Net Taxable Valuation (as of 10/01/2007 )           292,578,881 (E)
Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.6644 (F)


B. Estimated 08-09 Equalized School Tax Rate
____________________________________________

PINE BEACH BOROUGH       

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                        1,875,701 (G)
Estimated Equalized Valuation (as of 10/01/2007 )             315,198,921 (H)
Estimated 08-09 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      0.5951 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               1,944,016 (J)
Estimated Equalized Valuation (as of 10/01/2007 )             315,198,921 (K)
Estimated 08-09 Equalized Total School
                  Tax Rate=(J)/(K)X100                             0.6168 (L)