file photo by Boyd Loving
2017-18 SCHOOL BUDGET PRESENTATION EVENT
April 5 2017 7:30 PM to April 6 2017 7:30 PM
Location Benjamin Franklin Middle School, George Washington Middle School
April 5,2017
the staff of the Ridgewood blog
Ridgewood NJ, At the March 6 Board of Education meeting, Business Administrator Dr. Alfredo Aguilar presented the preliminary 2017-2018 budget, which is based on a .97% local tax levy increase. The total preliminary budget is $105,565,593, which would mean a $184.39 annual tax increase on the average assessed Ridgewood home of $696,093.
Click here to view the preliminary budget presentation as a PDF.
Following discussion, the Board approved the following resolution for Adoption of the 2017-2018 Preliminary Proposed Budget for Submission to the Executive County Superintendent of Schools:
BE IT RESOLVED, by the Ridgewood Board of Education, to approve the 2017-2018 school district preliminary proposed budget, as follows, for submission to the Executive County Superintendent of Schools:
There should be raised for the General Fund Tax Levy $91,519,173 for the ensuing School Year: (2017-2018).
| Budget | Tax Levy | |
| General Fund | $ 100,503,229 | $ 91,519,173 |
| Special Revenue Fund | $ 1,378,767 | $ 0 |
| Debt Service Fund | $ 3,683,597 | $ 3,265,784 |
| Total Budget | $ 105,565,593 | $ 94,784,957 |
