the staff of the Ridgewoodblog
Ridgewood NJ, Approval: Resolution for Adoption of the 2019-2020 Budget for Submission to the Executive County Superintendent of Schools The Ridgewood Board of Education, upon the recommendation of the Superintendent of Schools, approves the following resolution: BE IT RESOLVED, that the Ridgewood Board of Education approves the 2019-2020 school district budget, as follows, for submission to the Executive County Superintendent of Schools: Dr. Fishbein Budget Tax Levy General Fund $107,043,634 $96,014,943 Special Revenue Fund $ 1,467,567 $ 0 Debt Service Fund $ 3,138,550 $ 2,869,732 Total Budget $111,649,751 $98,884,675
The district has proposed programs and services in addition to the Core Curriculum Content Standards adopted by the State Board of Education. Information on this budget and the programs and services it provides is available from the school district.
There should be raised for the General Fund Tax Levy $96,014,943 for the ensuing School Year: (2019-2020). The General Fund includes $300,000 which is to be withdrawn from Emergency Reserve. CAPITAL RESERVE STATEMENT OF PURPOSE Included in budget line 620, Budgeted Withdrawal from Capital Reserve – Excess Cost & Other Capital Projects, is $1,300,000 for the following construction projects: • Renovation of Four Bathrooms at BFMS and GWMS • Replacement of Stadium Turf Field at RHS • Districtwide Parking Lot Paving • Repairs to the BFMS Track Pole Vault & Javelin Areas