03/30/2011                                     MORRIS  -  PARSIPPANY-TROY HILLS TWP

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2009         October 15, 2010         October 15, 2011
                                                      Actual                   Actual                 Estimated
  
      Pupils on Roll Regular Full-Time                      6213                     6221                     6322

      Pupils on Roll Regular Shared-Time                       3                       10



      Pupils on Roll - Special Full-Time                    1067                     1068                     1040

      Pupils on Roll - Special Shared-Time                     5                       12
      Subtotal - Pupils On Roll                              7288                     7311                     7362
      Private School Placements                               94                       91                       73



      Pupils Sent to Other Districts-Reg Prog                  1                                                 5

      Pupils Sent to Other Dists-Spec Ed Prog                 31                       30                       44



      Pupils in State Facilities                               2                        3                        3
 


                                                MORRIS - PARSIPPANY-TROY HILLS TWP

                                                      Advertised Revenues

      Budget Category                                        Account             2009-10          2010-11          2011-12
                                                                                  Actual          Revised       Anticipated
      OPERATING BUDGET
      Budgeted Fund Balance - Operating Budget              10-303                                   2,060,088        3,167,102
      Withdrawal from Current Expense Emergency Rsv         10-312                                      60,000
      Transfers from Other Funds                            10-5200                   -38,688

      Revenues from Local Sources:                                         
      Local Tax Levy                                        10-1210               111,498,049      115,157,971      116,087,357
      Tuition                                               10-1300                   183,603          217,000          303,800
      Interest Earned on Capital Reserve Funds              10-1XXX                     4,511            5,000            5,000
      Unrestricted Miscellaneous Revenues                   10-1XXX                 2,454,673        2,055,486        1,968,686
      SUBTOTAL                                                                    114,140,836      117,435,457      118,364,843

      Revenues from State Sources:                                         
      Extraordinary Aid                                     10-3131                   753,141          753,141          190,114
      Categorical Special Education Aid                     10-3132                 2,847,366          128,372        2,324,336
      Equalization Aid                                      10-3176                   421,337          939,811
      Categorical Security Aid                              10-3177                   401,157
      Categorical Transportation Aid                        10-3121                 1,112,326
      SUBTOTAL                                                                      5,535,327        1,821,324        2,514,450

      Revenues from Federal Sources:                                       
      Medicaid Reimbursement                                10-4200                    23,570           54,167           57,852
      Equalization Aid - ARRA ESF                           16-4520                   136,521
      Equalization Aid - ARRA GSF                           17-4521                     5,285
      Education Jobs Fund                                   18-4522                                                     221,850
      SUBTOTAL                                                                        165,376           54,167          279,702
      Adjustment for Prior Year Encumbrances                                                         1,499,660
      Actual Revenues (Over)/Under Expenditures                                       596,622
      TOTAL OPERATING BUDGET                                                      120,399,473      122,930,696      124,326,097
      GRANTS AND ENTITLEMENTS
      Revenues from Local Sources                           20-1XXX                    32,986           38,894

      Revenues from State Sources:                                         
      Other Restricted Entitlements                         20-32XX                   171,121          179,111          162,558
      TOTAL REVENUES FROM STATE SOURCES                                               171,121          179,111          162,558

      Revenues from Federal Sources:                                       
      Title I                                               20-4411-4416              249,908          322,754          233,945
      Title II                                              20-4451-4455                               143,486          118,712
      Title III                                             20-4491-4494                               249,893           97,353
      Title IV                                              20-4471-4474                                   200
      I.D.E.A. Part B (Handicapped)                         20-4420-4429            2,680,848        3,470,004        1,600,000
      Other                                                 20-4XXX                   271,160
      TOTAL REVENUES FROM FEDERAL SOURCES                                           3,201,916        4,186,337        2,050,010
      TOTAL GRANTS AND ENTITLEMENTS                                                 3,406,023        4,404,342        2,212,568
      REPAYMENT OF DEBT
      Budgeted Fund Balance                                 40-303                                      12,179            7,310
      Transfers from Other Funds                            40-5200                     7,310                           350,000

      Revenues from Local Sources:                                         
      Local Tax Levy                                        40-1210                 2,583,484        2,664,792        2,355,480
      TOTAL REVENUES FROM LOCAL SOURCES                                             2,583,484        2,664,792        2,355,480

      Revenues from State Sources:                                         
      Debt Service Aid Type II                              40-3160                   643,151          546,071          553,376
      TOTAL LOCAL REPAYMENT OF DEBT                                                 3,233,945        3,223,042        3,266,166
      Actual Revenues (Over)/Under Expenditures                                        -7,310
      TOTAL REPAYMENT OF DEBT                                                       3,226,635        3,223,042        3,266,166
      TOTAL REVENUES/SOURCES                                                      127,032,131      130,558,080      129,804,831
                                                MORRIS - PARSIPPANY-TROY HILLS TWP

                                                   Advertised Appropriations

                Budget Category                                Account          2009-10          2010-11         2011-12 
                                                                             Expenditures      Rev. Approp.   Appropriations
      GENERAL CURRENT EXPENSE
      Instruction:
      Regular Programs                                      11-1XX-100-XXX         38,612,609       39,303,375       38,874,576
      Special Education                                     11-2XX-100-XXX          8,377,286        8,480,946        8,550,531
      Basic Skills/Remedial                                 11-230-100-XXX          1,778,824        2,038,872        1,940,460
      Bilingual Education                                   11-240-100-XXX          1,276,688        1,271,786        1,105,105
      Vocational Programs - Local                           11-3XX-100-XXX            266,338          200,420          260,737
      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX            447,525          540,662          499,256
      School Sponsored Athletics                            11-402-100-XXX          1,512,358        1,612,698        1,620,240
      Support Services:
      Tuition                                               11-000-100-XXX          7,102,724        7,393,568        6,591,251
      Health Services                                       11-000-213-XXX          1,507,847        1,527,910        1,417,381
      Speech, OT, PT, Related & Extraordinary Services      11-000-216,217          3,870,998        3,334,871        4,007,300
      Guidance                                              11-000-218-XXX          3,113,775        3,251,678        3,247,413
      Child Study Teams                                     11-000-219-XXX          2,485,444        2,645,604        2,804,730
      Improvement of Instructional Services                 11-000-221-XXX          1,329,437        1,214,702        1,174,822
      Educational Media Services - School Library           11-000-222-XXX          2,706,397        2,670,319        2,401,923
      Instructional Staff Training Services                 11-000-223-XXX            285,070          287,582          285,139
      General Administration                                11-000-230-XXX            888,499        1,184,552        1,156,830
      School Administration                                 11-000-240-XXX          4,524,606        4,504,365        4,730,938
      Central Svcs & Admin Info Technology                  11-000-25X-XXX          2,461,395        2,612,398        2,489,240
      Operation and Maintenance of Plant Services           11-000-26X-XXX          9,673,943        9,552,827        9,611,419
      Student Transportation Services                       11-000-270-XXX          6,626,853        6,519,214        6,670,498
      Personal Services - Employee Benefits                 11-XXX-XXX-2XX         18,225,890       19,166,632       20,534,238
      Food Services                                         11-000-310-XXX              9,009            2,407
      Total Support Services Expenditures                                          64,811,887       65,868,629       67,123,122
      TOTAL GENERAL CURRENT EXPENSE                                               117,083,515      119,317,388      119,974,027

      CAPITAL EXPENDITURES
      Interest Earned on Capital Reserve                    10-604                                       5,000            5,000
      Equipment                                             12-XXX-XXX-73X            127,148          119,801           59,200
      Facilities Acquisition and Construction Services      12-000-4XX-XXX          1,495,474        1,490,361        2,323,564
      TOTAL CAPITAL EXPENDITURES                                                    1,622,622        1,615,162        2,387,764

      SPECIAL SCHOOLS
      Adult Education - Local:
      Instruction                                           13-602-100-XXX          1,026,239        1,194,968        1,207,141
      Support Services                                      13-602-200-XXX            533,478          554,687          580,326
      Total Adult Education - Local                                                 1,559,717        1,749,655        1,787,467
      TOTAL SPECIAL SCHOOLS                                                         1,559,717        1,749,655        1,787,467
      Transfer of Funds to Charter Schools                  10-000-100-56X            133,619          248,491          176,839
      OPERATING BUDGET GRAND TOTAL                                                120,399,473      122,930,696      124,326,097

      SPECIAL GRANTS AND ENTITLEMENTS
      Local Projects                                        20-XXX-XXX-XXX             32,986           38,894
      Other State Projects:
      Nonpublic Textbooks                                   20-XXX-XXX-XXX             31,118           19,326           19,326
      Nonpublic Auxiliary Services                          20-XXX-XXX-XXX             32,734           54,497           39,352
      Nonpublic Handicapped Services                        20-XXX-XXX-XXX             70,367           82,389           80,981
      Nonpublic Nursing Services                            20-XXX-XXX-XXX             36,902           22,899           22,899
      Total State Projects                                                            171,121          179,111          162,558
      Federal Projects:
      Title I                                               20-XXX-XXX-XXX            249,908          322,754          233,945
      Title II                                              20-XXX-XXX-XXX                             143,486          118,712
      Title III                                             20-XXX-XXX-XXX                             249,893           97,353
      Title IV                                              20-XXX-XXX-XXX                                 200
      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX          2,680,848        3,470,004        1,600,000
      Other Special Projects                                20-XXX-XXX-XXX            271,160
      Total Federal Projects                                                        3,201,916        4,186,337        2,050,010
      TOTAL GRANTS AND ENTITLEMENTS                                                 3,406,023        4,404,342        2,212,568

      REPAYMENT OF DEBT
      Repayment of Debt - Regular                           40-701-510-XXX          3,226,635        3,223,042        3,266,166
      TOTAL REPAYMENT OF DEBT                                                       3,226,635        3,223,042        3,266,166
      Total Expenditures                                                          127,032,131      130,558,080      129,804,831

      DEDUCT EXPENDITURES INCLUDED IN MULTIPLE FUNDS DUE TO TRANSFERS:
                                                            11-1XX-100-930
      Capital Reserve - Transfer to Repayment of Debt       12-000-400-933
      Transfer Property Sale Proceeds to Debt Svc Res       11-000-520-934

      TOTAL EXPENDITURES NET OF TRANSFERS                                         127,032,131      130,558,080      129,804,831
 

                                                MORRIS  -  PARSIPPANY-TROY HILLS TWP

                                          Advertised Recapitulation of Balance

                                                              Audited               Audited              Estimated             Estimated
                                                              Balance               Balance               Balance               Balance
      Budget Category                                        6/30/2009             6/30/2010             6/30/2011             6/30/2012

      Unassigned:
        General Operating Budget                             3,144,287             3,044,311             2,428,573             2,428,573
        Repayment of Debt                                       12,179                19,489                 7,310                     0

      Restricted for Specific Purposes:
         General Operating Budget:
            Capital Reserve                                    507,061             1,311,572               865,313               870,313
            Adult Education Programs                           218,793               467,453               467,453                     0
            Maintenance Reserve                                      0                     0                     0                     0
            Legal Reserve                                    6,372,093             4,440,944             2,699,649                     0
            Tuition Reserve                                          0                     0                     0                     0
            Current Expense Emergency Reserve                        0               322,000               262,000               262,000
         Restricted for Repayment of Debt                            0                     0                     0                     0
 



                                                MORRIS  -  PARSIPPANY-TROY HILLS TWP

                                               Advertised Per Pupil Cost Calculations

                                                     2011 - 2012

                                                    2008-09        2009-10           2010-11       2010-11       2011-2012
                                                     Actual         Actual           Original      Revised       Proposed
                                                                                      Budget        Budget        Budget
 Per Pupil Cost Calculations:                          (1)            (2)              (3)           (4)            (5)

Total Comparative Per Pupil Cost                           14110           14168          13948          14444          14476
Total Classroom Instruction                                 8389            8508           8439           8749           8701
Classroom-Salaries and Benefits                             8132            8267           8230           8443           8468
Classroom-General Supplies and Textbooks                     245             227            196            292            217
Classroom-Purchased Services and Other                        12              14             13             14             16
Total Support Services                                      2452            2526           2403           2490           2562
Support Services-Salaries and Benefits                      2165            2195           2114           2174           2235
Total Administrative Costs                                  1369            1283           1299           1342           1334
Administration-Salaries and Benefits                        1160            1117           1098           1123           1147
Legal Costs                                                    0              17             27             27             27
Total Operations and Maintenance of Plant                   1538            1508           1427           1472           1487
Operations & Maintenance of Plant-Salary & Ben.              882             926            771            793            845
Total Food Services Costs                                      3               1              0              0              0
Total Extracurricular Costs                                  314             318            340            352            347
Total Equipment Costs                                          8              18             11             16              8
Employee Benefits as a % of Salaries                        22.0            23.9           25.3           25.4           26.9


 The information presented in columns 1 through 3 as well as the related descriptions of the per pupil cost calculations
 are contained in the 2011 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 2010-11 revised appropriations and 2011-12 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.

                                                MORRIS  -  PARSIPPANY-TROY HILLS TWP

                Unusual Revenues and Appropriations
                ___________________________________

Line Number   Revenue Source or               11-12 Amount           Description of circumstances
                Approp. Due to    

    06980   Pmt. of Arbitrage Rebate               190,114       Pmt. due from referendum arbitrage.     


Total Unusual Revenues: 
                                   0                   Total Unusual Appropriations:         190,114

                        MORRIS  -  PARSIPPANY-TROY HILLS TWP

Shared Services -- Description of Shared Services
_________________________________________________

  1.  ACES -state wide bulk rates for energy costs.                        
  2.  ACT - state wide bulk rates for telecommunications.                  
  3.  E-Rate -state reimbursement for telecommunications costs.            
  4.  Morris County Ed. Services Commission - Spec. Ed. svcs. & transport. 
  5.  Essex County Ed. Services Commission - Spec. Ed. svcs.               
  6.  Morris/Union Jointure Commission - Spec. Ed. Programs.               
  7.  Member of Morris County Purchasing Co-op - bulk purchasing.          
  8.  Member of Education Data Svcs. - statewide bulk purchasing/bidding   
  9.  Partnership with North American Power Partners - electric            
      conservation program.                                                
  10. Partnership with Morris County Improvement Authority for solar panel 
      project, bulk bidding and capital leasing programs.                  
  11. Participate in the NJ Smart Start energy rebate programs.            
  12. Partnership with the Township of Parsippany-Troy Hills in the        
      following:                                                           
      a.  Property lease/swap for $1.00 per year - Volunteer's Park leased 
          to the Twsp. by the BOE and the former library leased to the BOE 
          from the Twsp. for $1.00 per year for a 25 year period.          
      b.  Cost of operation of Video-On-The-Go television station jointly  
          supported by the BOE and the Township.                           
      c.  Twsp. diesel fuel pumps supply district diesel vehicles and BOE  
          pays the Twsp. rate.                                             
      d.  School District ballfields shared with the community.            
      e.  Participate in joint grant opportunities, i.e. Safe Routes to    
          Schools grant with the NJDOT.                                    
  13.  Members of WSCA - a national consortium for the purchase of computer
          equipment.                                                       
  14.  Members of the Middlesex Consortium for bulk purchasing/bidding.    

                        MORRIS  -  PARSIPPANY-TROY HILLS TWP

22a. Estimated Tax Rate Information
     ______________________________



A. Estimated 11-12 School Tax Rate
__________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                      115,622,664 (A)
Estimated Net Taxable Valuation (as of 10/01/2010 )         7,415,751,416 (B)
Estimated 11-12 General Fund School Tax Rate=(A)/(B)X100           1.5591 (C)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                             117,978,144 (D)
Estimated Net Taxable Valuation (as of 10/01/2010 )         7,415,751,416 (E)
Estimated 11-12 Total School Tax Rate=(D)/(E)X100                  1.5909 (F)


B. Estimated 11-12 Equalized School Tax Rate
____________________________________________

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS
General Fund School Levy                                      115,622,664 (G)
Estimated Equalized Valuation (as of 10/01/2010 )           9,343,918,567 (H)
Estimated 11-12 Equalized General Fund School
                         Tax Rate=(G)/(H)X100                      1.2374 (I)


WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                             117,978,144 (J)
Estimated Equalized Valuation (as of 10/01/2010 )           9,343,918,567 (K)
Estimated 11-12 Equalized Total School
                  Tax Rate=(J)/(K)X100                             1.2626 (L)

                        MORRIS  -  PARSIPPANY-TROY HILLS TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   LeRoy Seitz, Ed.D.       
 Job Title                              Superintendent                
                                                                      
 Base Annual Salary                     216,240
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           12/01/2010
   Ending Date of Contract              07/01/2015
   Annual Work Days                     260
   Annual Vacation Days                  24
   Annual Sick Days                      15
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 6
   Description-Other Non-working Days   family ill/bereavement        

 Benefits:
 Allowances                                 4,016
 Bonuses                                        0
 Stipends                                   3,646
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                         2,694
   Retirement Plans                         8,593

 Post-Employment Benefits                  41,208
 Description of:
   Buyback of Sick Days               unused @ 1/260 not to exceed 15,000   
   Buyback of Vac. Days               unused @ 1/260                        
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration                 0
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days                                              
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                        MORRIS  -  PARSIPPANY-TROY HILLS TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Marlene Wendolowski, RSBO
 Job Title                              Business Administrator        
                                                                      
 Base Annual Salary                     176,244
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     260
   Annual Vacation Days                  22
   Annual Sick Days                      15
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 6
   Description-Other Non-working Days   family ill/bereavement        

 Benefits:
 Allowances                                 4,100
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                         2,360
   Retirement Plans                         6,393

 Post-Employment Benefits                  42,142
 Description of:
   Buyback of Sick Days               27,142 (6/8/07) + 15,000 max after    
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration                 0
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days                                              
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                        MORRIS  -  PARSIPPANY-TROY HILLS TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Matthew McGrath          
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        Personnel                     
 Base Annual Salary                     150,181
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     245
   Annual Vacation Days                  22
   Annual Sick Days                      15
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 6
   Description-Other Non-working Days   family ill/bereavement        

 Benefits:
 Allowances                                 1,860
 Bonuses                                    3,000
 Stipends                                   3,646
 District Contributions above Teacher amount for:
   Health Insurance                         3,500
   Dental Insurance                             0
   Life Insurance                           3,600
   Other Insurances                         1,704
   Retirement Plans                         4,960

 Post-Employment Benefits                  94,388
 Description of:
   Buyback of Sick Days               pd 1 for 2 at 1/223 of current salary 
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration             8,076
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days        pd up to 12 unused days               
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                        MORRIS  -  PARSIPPANY-TROY HILLS TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Concetta Donvito, Ed.D.  
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        Curriculum and Instruction    
 Base Annual Salary                     140,000
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     223
   Annual Vacation Days                  22
   Annual Sick Days                      15
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 6
   Description-Other Non-working Days   family ill/bereavement        

 Benefits:
 Allowances                                 1,500
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                           3,600
   Other Insurances                         2,182
   Retirement Plans                         4,400

 Post-Employment Benefits                  67,802
 Description of:
   Buyback of Sick Days               pd 1 for 2 @ 1/223                    
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration             7,536
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days        pd up to 12 days                      
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                        MORRIS  -  PARSIPPANY-TROY HILLS TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Suzanne Olimpio          
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        Special Services              
 Base Annual Salary                     120,000
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           10/25/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     260
   Annual Vacation Days                  22
   Annual Sick Days                      15
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 6
   Description-Other Non-working Days   family ill/bereavement        

 Benefits:
 Allowances                                     0
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                           3,600
   Other Insurances                         1,794
   Retirement Plans                         3,300

 Post-Employment Benefits                  15,000
 Description of:
   Buyback of Sick Days               pd 1 for 2 unused @ 1/260 up to 15,000
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration                 0
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days                                              
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                        MORRIS  -  PARSIPPANY-TROY HILLS TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Susan Tindal             
 Job Title                              Asst Business Administrator   
                                        Assistant to SBA              
 Base Annual Salary                     101,833
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     223
   Annual Vacation Days                  22
   Annual Sick Days                      15
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 6
   Description-Other Non-working Days   family ill/bereavement        

 Benefits:
 Allowances                                 1,216
 Bonuses                                    3,000
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                         1,995
   Retirement Plans                         2,300

 Post-Employment Benefits                  23,256
 Description of:
   Buyback of Sick Days               1st 150 @ 1for3; then 1for2 @ 1/223   
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration             5,484
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days        pd up to 12 days                      
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                        MORRIS  -  PARSIPPANY-TROY HILLS TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Joan Benos               
 Job Title                              Administrative Assistant      
                                        Admin Asst to Superintendent  
 Base Annual Salary                      98,076
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     223
   Annual Vacation Days                  22
   Annual Sick Days                      15
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 6
   Description-Other Non-working Days   family ill/bereavement        

 Benefits:
 Allowances                                     0
 Bonuses                                    4,000
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                         1,449
   Retirement Plans                         2,094

 Post-Employment Benefits                  40,260
 Description of:
   Buyback of Sick Days               1at 150 1for3; remaining 1for2        
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration             5,280
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days        pd up to 12 days                      
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                        MORRIS  -  PARSIPPANY-TROY HILLS TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Judy Corrente            
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        Information Systems           
 Base Annual Salary                      95,556
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     223
   Annual Vacation Days                  22
   Annual Sick Days                      15
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 6
   Description-Other Non-working Days   family ill/bereavement        

 Benefits:
 Allowances                                     0
 Bonuses                                    3,000
 Stipends                                   1,000
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                           175
   Retirement Plans                         1,956

 Post-Employment Benefits                  20,116
 Description of:
   Buyback of Sick Days               1st 150 1for3; remaining 1for2        
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration             4,280
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days        pd up to 10 days                      
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                        MORRIS  -  PARSIPPANY-TROY HILLS TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Thomas Gaveglio          
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        Buildings & Grounds           
 Base Annual Salary                      85,000
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           08/27/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     260
   Annual Vacation Days                  22
   Annual Sick Days                      15
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 6
   Description-Other Non-working Days   family ill/bereavement        

 Benefits:
 Allowances                                   125
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                           123
   Retirement Plans                         1,375

 Post-Employment Benefits                   1,472
 Description of:
   Buyback of Sick Days               1st 150 1for3;then 1for2 up to 15,000 
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration                 0
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days                                              
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                        MORRIS  -  PARSIPPANY-TROY HILLS TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Joanne Caponegro         
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        PACE                          
 Base Annual Salary                      84,550
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     223
   Annual Vacation Days                  22
   Annual Sick Days                      15
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 6
   Description-Other Non-working Days   family ill/bereavement        

 Benefits:
 Allowances                                     0
 Bonuses                                    1,525
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                           121
   Retirement Plans                         1,350

 Post-Employment Benefits                  23,498
 Description of:
   Buyback of Sick Days               1st 150 1for3; remaining 1for2        
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration                 0
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days                                              
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                        MORRIS  -  PARSIPPANY-TROY HILLS TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Michael Wilson           
 Job Title                              Coordinator/Dir./Mgr./Supvr.  
                                        Information Technology        
 Base Annual Salary                      81,745
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     223
   Annual Vacation Days                  22
   Annual Sick Days                      12
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 6
   Description-Other Non-working Days   family ill/bereavement        

 Benefits:
 Allowances                                     0
 Bonuses                                        0
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                           107
   Retirement Plans                         1,196

 Post-Employment Benefits                   7,157
 Description of:
   Buyback of Sick Days               1for3>200; 1for5<200                  
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration               367
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days        pd for 1 day                          
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments                                                        
                                                                            
                                                                            
                                                                            
                                                                            

                        MORRIS  -  PARSIPPANY-TROY HILLS TWP
 17. Salaries and Benefits of Certain District Employees

 Name                                   Robin Tedesco            
 Job Title                              Accountant                    
                                        Business Office               
 Base Annual Salary                      75,809
 FTE                                    1.0
 Shared with Another District?          N
 Member of Collective Bargaining ?      N
 Contract Terms:
   Beginning Date of Contract           07/01/2010
   Ending Date of Contract              06/30/2011
   Annual Work Days                     223
   Annual Vacation Days                  22
   Annual Sick Days                      15
   Annual Personal Days                   3
   Annual Consulting Days                 0
   Other Non-working days                 6
   Description-Other Non-working Days   family ill/bereavement        

 Benefits:
 Allowances                                     0
 Bonuses                                    4,000
 Stipends                                       0
 District Contributions above Teacher amount for:
   Health Insurance                             0
   Dental Insurance                             0
   Life Insurance                               0
   Other Insurances                            78
   Retirement Plans                           869

 Post-Employment Benefits                  29,538
 Description of:
   Buyback of Sick Days               1st 150 1for3; remaining 1for2        
   Buyback of Vac. Days                                                     
   Buyback of Personal Days                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 
   Other Post-Emp. Benefits                                                 

 In-Kind and Other Remuneration             3,400
 Description of:
   Annual Buyback of Sick Days                                              
   Annual Buyback of Vac. Days        pd up to 10 days                      
   Annual Buyback of Personal Days                                          
   All Other In-Kind/Remuneration                                           
                                                                            
                                                                            

 Additional Comments