03/19/2008                                        BURLINGTON  -  LENAPE REGIONAL

                                                    Advertised Enrollments

      ENROLLMENT CATEGORY                         October 15, 2006         October 15, 2007         October 15, 2008

                                                      Actual                   Actual                 Estimated

      Pupils on Roll Regular Full-Time                      6429                     6387                     6540

      Pupils on Roll Regular Shared-Time                       1

      Pupils on Roll - Special Full-Time                    1026                     1089                     1089

      Pupils on Roll - Special Shared-Time                     1                        2                        2

      Private School Placements                              132                      125                      127

      Pupils Sent to Other Districts-Reg Prog                 15                       17                       17

      Pupils Sent to Other Dists-Spec Ed Prog                 51                       45                       46

      Pupils in State Facilities                              14                       11                       11

                                                   BURLINGTON - LENAPE REGIONAL

                                                      Advertised Revenues

      Budget Category                                        Account             2006-07          2007-08          2008-09

                                                                                  Actual          Revised       Anticipated

      OPERATING BUDGET

      Budgeted Fund Balance - Operating Budget              10-303                                   4,089,346        2,949,500

      Transfers from Other Funds                            10-5200                 1,185,103        1,185,103          500,000

      Revenues from Local Sources:                                         

      Local Tax Levy                                        10-1210                85,135,718       89,093,311       90,629,830

      Unrestricted Miscellaneous Revenues                   10-1XXX                 3,074,827          766,191          766,191

      SUBTOTAL                                                                     88,210,545       89,859,502       91,396,021

      Revenues from State Sources:                                         

      Core Curriculum Standards Aid                         10-3111                15,543,347       15,543,347

      Supplemental Core Curriculum Standards Aid            10-3112                 2,344,907        2,344,907

      Transportation Aid                                    10-3120                 3,005,505        3,005,505

      Special Education Aid                                 10-3130                 4,543,370        4,543,370

      Bilingual Education                                   10-3140                    43,284           43,284

      Extraordinary Aid                                     10-3131                   210,465                           377,821

      Consolidated Aid                                      10-3195                   790,971          790,971

      Additional Formula Aid                                10-3196                   788,142        1,610,708

      Other State Aids                                      10-3XXX                   406,601          359,343

      Categorical Special Education Aid                     10-3132                                                   4,015,568

      Equalization Aid                                      10-3176                                                  23,556,729

      Categorical Security Aid                              10-3177                                                     534,607

      Categorical Transportation Aid                        10-3121                                                   2,878,624

      SUBTOTAL                                                                     27,676,592       28,241,435       31,363,349

      Adjustment for Prior Year Encumbrances                                                         1,631,192

      Actual Revenues (Over)/Under Expenditures                                    -3,839,839

      TOTAL OPERATING BUDGET                                                      113,232,401      125,006,578      126,208,870

      GRANTS AND ENTITLEMENTS

      Revenues from Local Sources                           20-1XXX                     2,339           24,000

      Revenues from State Sources:                                         

      Other Restricted Entitlements                         20-32XX                    12,057           18,363

      TOTAL REVENUES FROM STATE SOURCES                                                12,057           18,363

      Revenues from Federal Sources:                                       

      Title I                                               20-4411-4416              106,301          205,616          250,844

      Title VI                                              20-4417-4418                                12,018

      I.D.E.A. Part B (Handicapped)                         20-4420-4429            1,179,162        1,378,083        1,247,356

      Vocational Education                                  20-4430                                     44,074

      Other                                                 20-4XXX                   439,492          240,994

      TOTAL REVENUES FROM FEDERAL SOURCES                                           1,724,955        1,880,785        1,498,200

      TOTAL GRANTS AND ENTITLEMENTS                                                 1,739,351        1,923,148        1,498,200

      REPAYMENT OF DEBT

      Budgeted Fund Balance                                 40-303                                     172,150           23,021

      Revenues from Local Sources:                                         

      Local Tax Levy                                        40-1210                 7,856,254        8,531,602        8,546,092

      TOTAL REVENUES FROM LOCAL SOURCES                                             7,856,254        8,531,602        8,546,092

      Revenues from State Sources:                                         

      Debt Service Aid Type II                              40-3160                 1,723,304        1,721,267        1,679,601

      TOTAL LOCAL REPAYMENT OF DEBT                                                 9,579,558       10,425,019       10,248,714

      Actual Revenues (Over)/Under Expenditures                                       807,951

      TOTAL REPAYMENT OF DEBT                                                      10,387,509       10,425,019       10,248,714

      TOTAL REVENUES/SOURCES                                                      125,359,261      137,354,745      137,955,784

                                                   BURLINGTON - LENAPE 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         34,864,466       37,658,490       39,028,854

      Special Education                                     11-2XX-100-XXX          6,278,785        7,195,566        7,538,810

      Basic Skills/Remedial                                 11-230-100-XXX             15,801           38,357           24,047

      Bilingual Education                                   11-240-100-XXX             93,725          100,808          105,680

      School-Spon. Co/Extra-Curr. Activities                11-401-100-XXX          1,384,240        1,118,784        1,239,165

      School Sponsored Athletics                            11-402-100-XXX          3,165,876        3,612,500        3,640,416

      Other Instructional Programs                          11-4XX-100-XXX            383,522          431,335           53,475

      Support Services:

      Tuition                                               11-000-100-XXX          7,134,181        8,171,519        7,148,189

      Health Services                                       11-000-213-XXX            784,614          938,979          888,755

      Students - Related & Extraordinary                    11-000-216,217             26,894           35,000           35,000

      Guidance                                              11-000-218-XXX          2,772,447        3,145,801        3,366,380

      Child Study Teams                                     11-000-219-XXX          2,721,404        3,320,003        2,941,901

      Improvement of Instructional Services                 11-000-221-XXX          3,353,425        3,405,391        3,582,115

      Educational Media Services - School Library           11-000-222-XXX          1,571,822        1,665,638        1,647,035

      Instructional Staff Training Services                 11-000-223-XXX             19,215           36,213           30,414

      General Administration                                11-000-230-XXX          2,385,217        4,444,510        2,754,119

      School Administration                                 11-000-240-XXX          3,605,951        3,603,265        3,711,215

      Central Svcs & Admin Info Technology                  11-000-25X-XXX          1,841,221        1,813,413        1,982,003

      Operation and Maintenance of Plant Services           11-000-26X-XXX         11,329,709       13,226,479       13,248,637

      Student Transportation Services                       11-000-270-XXX          9,543,585       10,523,421       10,823,331

      Other Support Services                                11-000-290-XXX             97,656          173,454          104,841

      Personal Services - Employee Benefits                 11-XXX-XXX-2XX         15,628,923       17,769,346       20,293,785

      Food Services                                         11-000-310-XXX            630,172          540,500          668,914

      Total Support Services Expenditures                                          63,446,436       72,812,932       73,226,634

      TOTAL GENERAL CURRENT EXPENSE                                               109,632,851      122,968,772      124,857,081

      CAPITAL EXPENDITURES

      Equipment                                             12-XXX-XXX-73X            261,942          476,062

      Facilities Acquisition and Construction Services      12-000-4XX-XXX          2,102,356          249,490

      TOTAL CAPITAL EXPENDITURES                                                    2,364,298          725,552

      SPECIAL SCHOOLS

      Other Special Schools:

      Instruction                                           13-4XX-100-XXX            955,599        1,035,684        1,046,726

      Support Services                                      13-4XX-200-XXX            277,143          276,570          305,063

      Total Other Special Schools                                                   1,232,742        1,312,254        1,351,789

      Accredited Evening/Adult High School/Post-Graduate:

      Instruction                                           13-601-100-XXX              2,025

      Support Services                                      13-601-200-XXX                485

      Total Accredited Evening/Adult HS/Post-Grad.                                      2,510

      TOTAL SPECIAL SCHOOLS                                                         1,235,252        1,312,254        1,351,789

      OPERATING BUDGET GRAND TOTAL                                                113,232,401      125,006,578      126,208,870

      SPECIAL GRANTS AND ENTITLEMENTS

      Local Projects                                        20-XXX-XXX-XXX              2,339           24,000

      Other State Projects:

      Nonpublic Textbooks                                   20-XXX-XXX-XXX              1,284            1,174

      Nonpublic Nursing Services                            20-XXX-XXX-XXX              4,084            4,014

      Nonpublic Technology Initiative                       20-XXX-XXX-XXX              2,200            2,080

      Vocational Education                                  20-XXX-XXX-XXX                              11,095

      Other Special Projects                                20-XXX-XXX-XXX              4,489

      Total State Projects                                                             12,057           18,363

      Federal Projects:

      Title I                                               20-XXX-XXX-XXX            106,301          205,616          250,844

      Title VI                                              20-XXX-XXX-XXX                              12,018

      I.D.E.A. Part B (Handicapped)                         20-XXX-XXX-XXX          1,179,162        1,378,083        1,247,356

      Vocational Education                                  20-XXX-XXX-XXX                              44,074

     Other Special Projects                                20-XXX-XXX-XXX            439,492          240,994

      Total Federal Projects                                                        1,724,955        1,880,785        1,498,200

      TOTAL GRANTS AND ENTITLEMENTS                                                 1,739,351        1,923,148        1,498,200

      REPAYMENT OF DEBT

      Repayment of Debt - Regular                           40-701-510-XXX         10,387,509       10,425,019       10,248,714

      TOTAL REPAYMENT OF DEBT                                                      10,387,509       10,425,019       10,248,714

      Total Expenditures                                                          125,359,261      137,354,745      137,955,784

      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                                         125,359,261      137,354,745      137,955,784

                                                   BURLINGTON  -  LENAPE 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                             2,886,266             2,062,394             4,462,394             1,512,894

        Repayment of Debt           &, nbsp;                        1,003,122               195,171                23,021                     0

      Reserved for Specific Purposes:

         General Operating Budget:

            Capital Reserve                                          0                     0                     0                     0

            Adult Education Programs                                 0                     0                     0                     0

            Maintenance Reserve                                      0                     0                     0                     0

            Legal Reserve                                            0             4,089,346                     0                     0

            Tuition Reserve                                          0                     0                     0                     0

            Current Expense Emergency Reserve                        0                     0                     0                     0

         Reserved for Repayment of Debt                              0                     0                     0                     0

                                                   BURLINGTON  -  LENAPE 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                           12512           12399          13651          13680          13881

Total Classroom Instruction                                 6846            6927           7560           7456           7635

Classroom-Salaries and Benefits                             6224            6399           7022           6819           7049

Classroom-General Supplies and Textbooks                     346             207            223            321            308

Classroom-Purchased Services and Other                       277             321            315            316            278

Total Support Services                                      1860            1811           1995           1967           1973

Support Services-Salaries and Benefits                      1650            1614           1756           1709           1786

Total Administrative Costs                                  1127            1173           1440           1474           1474

Administration-Salaries and Benefits                         818             882           1052           1068           1111

Total Operations and Maintenance of Plant                   1552            1742           1957           2003           2000

Operations & Maintenance of Plant-Salary & Ben.              842             936           1035           1020           1091

Total Food Services Costs                                    130              85              0             72             88

Total Extracurricular Costs                                  617             634            638            645            655

Total Equipment Costs                                         43              35              0             64              0

Employee Benefits as a % of Salaries                        22.7            23.7           27.4           25.2           27.8

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.

                           BURLINGTON  -  LENAPE REGIONAL

Shared Services -- Description of Shared Services

_________________________________________________

  Education Data Services-Joint purchasing $438,562 savings                

  Burlington County Joint Insurance Fund    $70,813 savings                

  Shared Transportation Services           $443,684 savings                

  Shared Mobile Telephone with Mucicipality  $3,500 savings                

  ACT Telecommunications                    $21,600 savings                

  Educational Services Summer School        $75,000 savings                

  Nutri-Serve-Join purchasing              $120,777 savings                

                           BURLINGTON  -  LENAPE REGIONAL

22a. Estimated Tax Rate Information

     ______________________________

A. Estimated 08-09 School Tax Rate

__________________________________

EVESHAM TWP              

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                       28,688,339 (A)

Estimated Net Taxable Valuation (as of 02/01/2008 )         2,833,213,365 (B)

Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           1.0126 (C)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              31,393,554 (D)

Estimated Net Taxable Valuation (as of 02/01/2008 )         2,833,213,365 (E)

Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  1.1081 (F)

B. Estimated 08-09 Equalized School Tax Rate

____________________________________________

EVESHAM TWP              

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                       28,688,339 (G)

Estimated Equalized Valuation (as of 10/01/2007 )           5,861,448,256 (H)

Estimated 08-09 Equalized General Fund School

                         Tax Rate=(G)/(H)X100                      0.4894 (I)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              31,393,554 (J)

Estimated Equalized Valuation (as of 10/01/2007 )           5,861,448,256 (K)

Estimated 08-09 Equalized Total School

                  Tax Rate=(J)/(K)X100                             0.5356 (L)

                           BURLINGTON  -  LENAPE REGIONAL

22a. Estimated Tax Rate Information

     ______________________________

A. Estimated 08-09 School Tax Rate

__________________________________

MEDFORD LAKES            

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                        2,189,021 (A)

Estimated Net Taxable Valuation (as of 02/01/2008 )           232,478,200 (B)

Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.9416 (C)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,395,439 (D)

Estimated Net Taxable Valuation (as of 02/01/2008 )           232,478,200 (E)

Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  1.0304 (F)

B. Estimated 08-09 Equalized School Tax Rate

____________________________________________

MEDFORD LAKES            

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                        2,189,021 (G)

Estimated Equalized Valuation (as of 10/01/2007 )             481,545,250 (H)

Estimated 08-09 Equalized General Fund School

                         Tax Rate=(G)/(H)X100                      0.4546 (I)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               2,395,439 (J)

Estimated Equalized Valuation (as of 10/01/2007 )             481,545,250 (K)

Estimated 08-09 Equalized Total School

                  Tax Rate=(J)/(K)X100                             0.4974 (L)

                           BURLINGTON  -  LENAPE REGIONAL

22a. Estimated Tax Rate Information

     ______________________________

A. Estimated 08-09 School Tax Rate

__________________________________

MEDFORD TWP              

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                       14,715,931 (A)

Estimated Net Taxable Valuation (as of 02/01/2008 )         1,778,342,279 (B)

Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.8275 (C)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              16,103,594 (D)

Estimated Net Taxable Valuation (as of 02/01/2008 )         1,778,342,279 (E)

Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.9055 (F)

B. Estimated 08-09 Equalized School Tax Rate

____________________________________________

MEDFORD TWP              

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                       14,715,931 (G)

Estimated Equalized Valuation (as of 10/01/2007 )           3,382,269,731 (H)

Estimated 08-09 Equalized General Fund School

                         Tax Rate=(G)/(H)X100                      0.4351 (I)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              16,103,594 (J)

Estimated Equalized Valuation (as of 10/01/2007 )           3,382,269,731 (K)

Estimated 08-09 Equalized Total School

                  Tax Rate=(J)/(K)X100                             0.4761 (L)

                           BURLINGTON  -  LENAPE REGIONAL

22a. Estimated Tax Rate Information

     ______________________________

A. Estimated 08-09 School Tax Rate

__________________________________

MT LAUREL                

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                       29,820,800 (A)

Estimated Net Taxable Valuation (as of 02/01/2008 )         3,416,947,945 (B)

Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.8727 (C)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              32,632,803 (D)

Estimated Net Taxable Valuation (as of 02/01/2008 )         3,416,947,945 (E)

Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.9550 (F)

B. Estimated 08-09 Equalized School Tax Rate

____________________________________________

MT LAUREL                

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                       29,820,800 (G)

Estimated Equalized Valuation (as of 10/01/2007 )           6,620,127,628 (H)

Estimated 08-09 Equalized General Fund School

                         Tax Rate=(G)/(H)X100                      0.4505 (I)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                              32,632,803 (J)

Estimated Equalized Valuation (as of 10/01/2007 )           6,620,127,628 (K)

Estimated 08-09 Equalized Total School

                  Tax Rate=(J)/(K)X100                             0.4929 (L)

                           BURLINGTON  -  LENAPE REGIONAL

22a. Estimated Tax Rate Information

     ______________________________

A. Estimated 08-09 School Tax Rate

__________________________________

SHAMONG TWP              

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                        3,678,310 (A)

Estimated Net Taxable Valuation (as of 02/01/2008 )           406,565,721 (B)

Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.9047 (C)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               4,025,163 (D)

Estimated Net Taxable Valuation (as of 02/01/2008 )           406,565,721 (E)

Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.9900 (F)

B. Estimated 08-09 Equalized School Tax Rate

____________________________________________

SHAMONG TWP              

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                        3,678,310 (G)

Estimated Equalized Valuation (as of 10/01/2007 )             798,663,118 (H)

Estimated 08-09 Equalized General Fund School

                         Tax Rate=(G)/(H)X100                      0.4606 (I)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               4,025,163 (J)

Estimated Equalized Valuation (as of 10/01/2007 )             798,663,118 (K)

Estimated 08-09 Equalized Total School

                  Tax Rate=(J)/(K)X100                             0.5040 (L)

                           BURLINGTON  -  LENAPE REGIONAL

22a. Estimated Tax Rate Information

     ______________________________

A. Estimated 08-09 School Tax Rate

__________________________________

SOUTHAMPTON              

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                        6,613,384 (A)

Estimated Net Taxable Valuation (as of 02/01/2008 )           759,599,706 (B)

Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.8706 (C)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               7,237,004 (D)

Estimated Net Taxable Valuation (as of 02/01/2008 )           759,599,706 (E)

Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.9527 (F)

B. Estimated 08-09 Equalized School Tax Rate

____________________________________________

SOUTHAMPTON              

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                        6,613,384 (G)

Estimated Equalized Valuation (as of 10/01/2007 )           1,307,869,107 (H)

Estimated 08-09 Equalized General Fund School

                         Tax Rate=(G)/(H)X100                      0.5057 (I)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               7,237,004 (J)

Estimated Equalized Valuation (as of 10/01/2007 )           1,307,869,107 (K)

Estimated 08-09 Equalized Total School

                  Tax Rate=(J)/(K)X100                             0.5533 (L)

                           BURLINGTON  -  LENAPE REGIONAL

22a. Estimated Tax Rate Information

     ______________________________

A. Estimated 08-09 School Tax Rate

__________________________________

TABERNACLE TWP           

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                        4,280,621 (A)

Estimated Net Taxable Valuation (as of 02/01/2008 )           733,232,250 (B)

Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.5838 (C)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               4,684,269 (D)

Estimated Net Taxable Valuation (as of 02/01/2008 )           733,232,250 (E)

Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.6389 (F)

B. Estimated 08-09 Equalized School Tax Rate

____________________________________________

TABERNACLE TWP           

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                        4,280,621 (G)

Estimated Equalized Valuation (as of 10/01/2007 )             837,584,103 (H)

Estimated 08-09 Equalized General Fund School

                         Tax Rate=(G)/(H)X100                      0.5111 (I)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                               4,684,269 (J)

Estimated Equalized Valuation (as of 10/01/2007 )             837,584,103 (K)

Estimated 08-09 Equalized Total School

                  Tax Rate=(J)/(K)X100                             0.5593 (L)

                           BURLINGTON  -  LENAPE REGIONAL

22a. Estimated Tax Rate Information

     ______________________________

A. Estimated 08-09 School Tax Rate

__________________________________

WOODLAND TWP             

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                          670,009 (A)

Estimated Net Taxable Valuation (as of 02/01/2008 )           168,999,100 (B)

Estimated 08-09 General Fund School Tax Rate=(A)/(B)X100           0.3965 (C)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                                 733,698 (D)

Estimated Net Taxable Valuation (as of 02/01/2008 )           168,999,100 (E)

Estimated 08-09 Total School Tax Rate=(D)/(E)X100                  0.4341 (F)

B. Estimated 08-09 Equalized School Tax Rate

____________________________________________

WOODLAND TWP             

WITHOUT REPAYMENT OF DEBT OR ADJUSTMENTS

General Fund School Levy                                          670,009 (G)

Estimated Equalized Valuation (as of 10/01/2007 )             172,803,195 (H)

Estimated 08-09 Equalized General Fund School

                         Tax Rate=(G)/(H)X100                      0.3877 (I)

WITH REPAYMENT OF DEBT AND ADJUSTMENTS

Total School Levy                                                 733,698 (J)

Estimated Equalized Valuation (as of 10/01/2007 )             172,803,195 (K)

Estimated 08-09 Equalized Total School

                  Tax Rate=(J)/(K)X100                             0.4246 (L)