Tag: New Jersey School Funding Formula
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Increase in school state aid to provide tax relief in Edison
EDISON – The $11.76 million increase in state aid brings the Edison Township Public School District almost to full adequacy with New Jersey’s school funding formula. And just like last year, the Board of Education (BOE) has committed the state aid funds to provide tax relief to the community, according to Schools Superintendent Bernard Bragen.…
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Increase in school state aid, ratables allow Monroe to propose tax decrease second year in a row
MONROE – The preliminary Monroe Township school budget for the 2022-23 year continues to “meet the needs” of personnel, instruction, resources and transportation, according to Assistant Schools Superintendent Adam Layman. The Monroe Board of Education (BOE) approved the tentative $146.77 million budget at a meeting on March 15, to fund the operation of the school…
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Old Bridge superintendent offers ‘hopeful optimism’ as BOE adopts 2020-21 budget
OLD BRIDGE – Schools Superintendent David Cittadino expressed “hopeful optimism” as school officials moved to approve the 2020-21 budget. “We know the revenue generated by the state has taken a hit during COVID-19,” he said. “It’s with hopeful optimism that this budget and state aid will remain the same as we move into the summer.”…
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Proposed school budget supports all staff and programs in Old Bridge despite continued state aid reductions
OLD BRIDGE – The proposed 2020-21 school budget in Old Bridge supports all staff and programs despite continued state aid reductions. Board of Education members are praising the Old Bridge Township Public School District administration for their efforts to not repeat the grim reductions of the 2019-20 school budget, which saw the closure of Cheesequake…
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Old Bridge superintendent donates contractual salary increase to the school district
OLD BRIDGE – As the 2019-20 school year begins on Sept. 5, the reality of the reduction in state aid will set in – Cheesequake Elementary School is closed and there will be more than 85 fewer positions throughout the district. However, the priority of the district stays the same, according to Schools Superintendent David…
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Cheesequake Elemetary School expected to close; 85-plus positions will be cut in district
OLD BRIDGE – The grim news of potential cuts as a result of the reduction in state aid has now become reality – Cheesequake Elementary School may be closing in Old Bridge and some 85-plus positions have been cut from the 2019-20 school budget. The Board of Education adopted the $150.72 million operating budget, a…
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Old Bridge school officials will discuss reduction in state aid at forum Jan. 24
OLD BRIDGE – The sudden reduction in state aid came without warning last July and has left school officials in Old Bridge reeling on how best to handle what officials have called a “catastrophic” situation. “The state aid we have received over the six years I have been here has been between $44 to $45…