No Tax Hike in Draft 2013-14 School Budget

Tentative school spending plan adopted by BOE

The Brick Township Board of Education adopted its 2013-14 tentative school budget Thursday night. The spending plan includes no tax increase over the current school year.

The anticipated local tax levy to support the district's general fund will remain the same as in 2012-13, at $95,145,685, though debt service will decrease by about $500,000 from last year, making the final tax levy $97,657,630.

The total school budget will be $144,695,023, slightly up from $144,408,798 for 2012-13.

There are still some variables in the mix, however.

Business Administrator James Edwards said state aid figures are not due to be announced until Feb. 28. The state's input is a major factor in the budget, officials said.

"Those numbers have not been finalized for Brick yet, so that is still in the works," said board members Larry Reid. "Of course, we're all hoping we get a little bit more school aid."

There is also the issue of a declining tax base in the wake of Superstorm Sandy.

Reid said the county has not yet officially calculated the potential loss of tax base and the ramifications that could produce.

The final budget for the 2013-14 school year will be presented at the March 21 school board meeting, and a public hearing will be held before the board votes on the final adoption of the spending plan.

The board unanimously adopted the tentative budget Thursday.

mineeeemoh February 22, 2013 at 02:26 PM
Of course not. the new Superintendent was brought in to rule the roost because he has prior experience with ruling a small and cozy district.
Smartypants February 22, 2013 at 05:40 PM
J.JONES February 22, 2013 at 05:59 PM
Thank you BOE.
J.JONES February 22, 2013 at 06:01 PM
@mineee maybe he has friends that can get elected to clean up the town council...hummmm
Watchman February 22, 2013 at 08:43 PM
If last years tax levy was $95.1 mil and this years is $97.6 mil isn't that an increase of $2.5 mil ?
Daniel Nee (Editor) February 22, 2013 at 09:04 PM
That figure doesn't count debt service (just the money toward the general fund). When debt service was factored in last year the total levy was $97,439,453.
clamdigger February 22, 2013 at 09:38 PM
so where is the money coming from for full day kindergarten...almost $1M? remember 14 new teachers + benefits? if the budget was all used up this year and there is not going to be an increase, then something(s) must be getting cut.
Credence is February 24, 2013 at 07:39 PM
Since student enrollment has been at a steady decline, and with the forecast looking grim for any change in that declline, where will the money come from to pay for all of the new changes proposed?


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something