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RIDGEWOOD SCHOOLS 2018-2019 PROPOSED PRELIMINARY BUDGET $110,167,997

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STORM UPDATE❄️: Due to the storm, the Ridgewood Public Schools will be CLOSED on Wednesday, March 21. All before and after-school activities are also canceled. Please stay safe and warm!

 

2018-2019 PROPOSED PRELIMINARY BUDGET
Click here to view the budget presentation.

The Board approved the following to Resolution on the 2018-219 proposed preliminary budget, which represents a 3.62% increase in the tax levy:

i. Approval: Resolution for Adoption of the 2018-2019 Proposed Preliminary Budget for Submission to the Executive County Superintendent of Schools

WHEREAS, in accordance with N.J.A.C. 6A:23-A-10.3(b), a district can request use of banked cap only after it has fully exhausted all eligible statutory spending authority in the budget year;

THEREFORE, BE IT RESOLVED, that the 2018-2019 school year budget includes allowable health care adjustments in the amount of $1,066,597 in accordance with N.J.S.A 18A:7F-39(e); and

BE IT FURTHER RESOLVED, that the 2018-2019 school year budget includes banked cap, in the amount of $415,090 in accordance with N.J.S.A 18A:7F-39(e); and

BE IT FURTHER RESOLVED, that the Ridgewood Board of Education approves the 2018-2019 school district proposed preliminary budget, as follows, for submission to the Executive County Superintendent of Schools:

                                                                            Budget       Tax Levy
General Fund
                                                                   $105,180,990
                                                                                                 $94,831,243
Special Revenue Fund
                                                                           1,301,871
                                                                                                                     0
Debt Service Fund
                                                                         3,685,136
                                                                                                         3,164,901
Total Budget
                                                                  $110,167,997
                                                                                                       $97,996,144

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 $94,831,243 for the ensuing School Year: (2018-2019).

The General Fund includes $100,000 which is to be withdrawn from Emergency Reserve and $50,000 which is to be withdrawn from Maintenance Reserve.

CAPITAL RESERVE STATEMENT OF PURPOSE

Included in budget line 620, Budgeted Withdrawal from Capital Reserve – Excess Cost & Other Capital Projects, is $1,500,000 for the following construction projects:
• Education Center Window Replacement
• Paving and Sidewalk Repair Throughout the District
• Ridgewood High School Heating Pipe Renovation
• School Lock Down Security System

The total cost of these projects represents expenditures for construction elements or projects that are in addition to the facilities efficiency standards determined by the Commissioner as necessary to achieve the core curriculum content standards.

11 thoughts on “RIDGEWOOD SCHOOLS 2018-2019 PROPOSED PRELIMINARY BUDGET $110,167,997

  1. Looks like a political move to make mayor and deputy mayor look bad (overall tax increase).
    Some of these board members who are playing such politics with poor resident’s money will get results of their karma.

  2. Is there a new line item for the budget – ‘student activism fees’?

  3. And, the $10,000,000+ garage we don’t need (because we have independent studies proving a surplus of CBD parking) So on top of this big school tax hike you can add a permanent Million Dollars a year in new parking meter fees. Despite calls to use what we have before we add more, Jeff and Ramon are pushing ahead with a risky interest-only funding scheme for the money losing garage. Where is the logic in that or any concern for taxpayers? Anyone? Hello?

  4. The spending concerns me. What is the Ramon & Jeff plan?

  5. $110 million for a school in academic decline.
    No biggie.
    We’re rich and stupid.
    We’ll pay it without question.

    .
    No news here.
    Move along.
    .

  6. they are not on the Board of Ed

  7. Brogan is a Harwin supporter. This is her way to give a stick to Mike and Susan in their re-election campaign.

  8. I don’t think this huge budget is supposed to be aimed at any particular people except for the wealthy citizens in our town whose children must have the very best in everything and are willing to pay to support it. The Board doesn’t seem to give any thought to the fact that a large number of people in town are struggling to make ends meet and are sick of having to pay through the nose so someone’s precious darling can be treated with kid gloves. And, Just for your info–if you want the best all round education for your kids, get out of Ridgewood! We went down the educational tube years ago. A huge increase in support staff in the Ed center and a corresponding huge decline in the educational system in Ridgewood. Sure, we’re probably still in the top 1/3 and maybe even in the top 1/4 in the state but that’s a long way down from being in the top 10% of the nation.

  9. Far too much money for too little result. Thi$ plu$ garage i$ in$anity. How many ten$ of million$ can be $queezed out of u$?

  10. You’re right, Phil. No plan other than to raise taxes. Time for new thinking and new thinkers.

  11. It is definitely time for new thinking and new thinkers but we have no one running for Council who meets that definition. We have our present two–delightful people but where are their 2 years worth of accomplishments? Then we have Aronson’s two who are merely a repeat of his other puppets as before. They aren’t allowed to think or have new ideas.This is going to be basically a useless election as it is only a choice of one past against another past. Nothing “new” to be found on either side.

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