EXHIBIT A-1

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MIDDLETOWN TOWNSHIP BOARD OF EDUCATION

COMBINED BALANCE SHEET - ALL FUND TYPES AND ACCOUNT GROUPS

JUNE 30, 2001

(With Comparative Totals for June 30, 2000)

	GOVERNMENTAL FUND TYPES				PROPRIETARY	FIDUCIARY	ACCOUNT GROUPS		TOTALS
				DEBT	FUND TYPES	FUND TYPES	GENERAL	GENERAL	(MEMORANDUM ONLY)
		SPECIAL	CAPITAL	SERVICE	ENTERPRISE	TRUST AND	FIXED	LONG-TERM	JUNE 30,	JUNE 30,
ASSETS AND OTHER DEBITS	GENERAL	REVENUE	PROJECTS	FUND	FUND	AGENCY	ASSETS	DEBT

Assets:
Cash and Cash Equivalents	$9,860,646	1,123,806	41,292,680		174,969	2,927,641			55,379,742	74,435,216
Intergovenmental Accounts Receivable:
State Aid	296,196	13,464			1,035				310,695	560,637
Federal Aid					10,833				10,833	13,601
M.O.E.S.C.		99,346							99,346	113,970
Interfunds Receivable	50,582		797	2,456,642					2,508,021	1,750,505
Other Accounts Receivable	1,201				7,835				9,036	27,258
Inventories					3,781				3,781	5,801
Fixed Assets (Net, Enterprise Fund
Accumulated Depreciation of
$223,632)							103,753,271		103,753,271	69,598,846

Total Assets	10,208,625	1,236,616	41,293,477	2,456,642	198,453	2,927,641	103,753,271		162,074,725	146,505,834

Other Debits:
Amount Available in Debt Service
Fund								1,571,047	1,571,047	1,253,168
Amount to be Provided for Retirement
of General Long-Term Debt								98,450,578	98,450,578	90,301,881

Total Other Debits								100,021,625	100,021,625	91,555,049

Total Assets and Other Debits	$10,208,625	1,236,616	41,293,477	2,456,642	198,453	2,927,641	103,753,271	100,021,625	262,096,350	238,060,883