Tag: school budget
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Jackson school budget cuts raise concerns
JACKSON – As a result of decisions made on the state level in mid-July, the Jackson School District Board of Education was forced to accommodate a $1.35 million reduction in state aid two weeks into the 2018-19 fiscal year. Under Gov. Phil Murphy’s initial proposal in March, the district’s state aid package for the 2018-19…
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Middletown school board cuts budget after $1.7M reduction in state aid
MIDDLETOWN – The Middletown Township School District Board of Education has accommodated a $1.7 million decrease in state aid by reducing certain personnel positions and postponing the implementation of textbook adoptions in the district’s two high schools. In March, the school district was awarded a state aid package that totaled $18.35 million for the 2018-19…
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Marlboro board makes changes in budget to account for loss of school aid
The Marlboro K-8 School District Board of Education has cut $313,566 from its 2018-19 budget and moved $213,566 from its surplus fund (savings) into the budget to compensate for an unexpected reduction in state aid for the upcoming school year. Under Gov. Phil Murphy’s initial proposal in March, the district’s state aid package for 2018-19…
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Hazlet school board reduces budget by $360K to account for loss in state aid
HAZLET – The Hazlet Township Public Schools Board of Education has reduced its 2018-19 budget by $360,000 to accommodate a sudden reduction in state aid as the start of a new school year approaches. Under Gov. Phil Murphy’s initial funding proposal in March, Hazlet’s state aid package for 2018-19 was expected to total $12.91 million.…
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Tinton Falls school board dips into reserves to accommodate loss in state aid
TINTON FALLS – The Tinton Falls School District Board of Education will withdraw $230,000 from its emergency reserve to accommodate a sudden reduction in state aid. The emergency appropriation will be used to finance a portion of the 2018-19 school budget. Under Gov. Phil Murphy’s initial proposal in March, the district’s state aid package for…
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High school district uses surplus to cover $1.27M reduction in state aid
The Freehold Regional High School District Board of Education will move $1.27 million from its surplus fund (savings) and apply it to the 2018-19 budget to compensate for an unexpected reduction in state aid for the upcoming school year. Under Gov. Phil Murphy’s initial proposal in March, the district’s state aid package for 2018-19 was…
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Red Bank schools receive boost from additional state aid
RED BANK – Administrators in the Red Bank Borough Public Schools have determined the allocations for an additional $1.79 million in state aid the district will receive for the 2018-19 school year. Under Gov. Phil Murphy’s initial proposal in March, Red Bank’s state aid package for 2018-19 was expected to total $3.75 million. Using that…
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Jackson school board dealing with sudden loss of state aid
JACKSON – Under Gov. Phil Murphy’s initial proposal in March, the Jackson School District’s state aid package for the 2018-19 school year was expected to total $50.122 million. Using that number, district administrators crafted a $153.83 million budget for the upcoming school year. However, that state aid amount changed on July 13 when a bill…
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Freehold Borough school district sees state aid increased for 2018-19
FREEHOLD – The Freehold Borough K-8 School District has received an additional $2.63 million in state aid for the 2018-19 school year, with $1 million to be dedicated toward lowering the 2018-19 tax levy that will be paid by the borough’s residential and commercial property owners. Under Gov. Phil Murphy’s initial proposal in March, Freehold…