EXHIBIT B-2
(Page 1 of 2)
MIDDLETOWN TOWNSHIP BOARD OF EDUCATION
COMBINED STATEMENT OF REVENUES, EXPENDITURES,
AND CHANGES IN FUND BALANCES
GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 2005
(With Comparative Totals for June 30, 2004)
 
TOTALS
SPECIAL CAPITAL DEBT (MEMORANDUM ONLY)
GENERAL REVENUE PROJECTS SERVICE PERMANENT JUNE 30, JUNE 30,
FUND FUND FUND FUND FUND 2005 2004
Revenues:
    Local Tax Levy $97,631,986 3,798,331 101,430,317 96,289,596
    Tuition Charges 8,778 8,778 21,309
    Miscellaneous 1,533,486 147,545 549,647 12,983 2,243,661 1,431,284
    State Sources 28,418,580 1,147,729 260,353 1,658,747 31,485,409 30,480,256
    Federal Sources 1,418 3,077,656       3,079,074 2,851,028
    Total Revenues 127,594,248 4,372,930 810,000 5,457,078 12,983 138,247,239 131,073,473
Expenditures:
  Current:
      Regular Instruction 41,552,823 2,152,710 43,705,533 42,229,334
      Special Education
          Instruction 11,419,319 11,419,319 10,373,744
      Other Special
          Instruction 1,017,449 1,017,449 980,681
      Other Instruction 1,758,372 1,758,372 1,512,696
  Support Services &
  Undistributed Costs:
      Tuition 5,060,171 5,060,171 4,831,214
      Attendance & Social
          Work Services 37,290 37,290 36,868
      Health Services 1,472,628 1,472,628 1,461,937
      Student & Instruction
          Related Services 6,562,400 1,996,880 25,125 8,584,405 7,860,343
      Educational Media
          Services/School
          Library 776,367 776,367 857,074
      Instructional Staff
          Training 263,463 263,463 225,671
      School Administrative
          Services 1,781,239 1,781,239 1,919,202
      Central Services 1,350,769 1,350,769
      Administration Information
         Technology Services 732,626 732,626
      Other Administrative
          Services 5,275,665 5,275,665 4,989,035
      Plant Operations &
          Maintenance 11,403,170 11,403,170 10,851,303
      Pupil Transportation 8,223,369 8,223,369 7,965,004
      Business & Other
          Support Services 1,612,261
      Unallocated Benefits 25,898,963 25,898,963 22,951,623
  Debt Service:
      Principal 1,475,000 1,475,000 1,400,000
      Interest 4,057,078 4,057,078 4,298,750
  Capital Outlay 4,319,375 223,340 5,568,318 10,111,033 10,582,663
           
    Total Expenditures 128,905,458 4,372,930 5,568,318 5,532,078 25,125 144,403,909 136,939,403