2016-2017 School Budget Presentation is Set for April 19
the staff of the Ridgewood blog
Ridgewood NJ, Residents are invited to hear from Board of Education members, the superintendent and the district business administrator about the proposed 2016-17 school budget. They will be at Benjamin Franklin Middle School auditorium on Tuesday, April 19, from 7:30 – 9 p.m. to review the proposed budget and answer questions.
Budget includes district staff, academic offerings, extra curricular activities, and transportation; as well as continuing to maintain and improve district facilities
2.00% Local Tax Levy Increase – Within the current state cap
1.91% Overall Levy Increase – Local Tax Levy + Debt Service Levy
Gen Fund State Aid – $2,196,000 Extraordinary State Aid – $1,376,345 $3,572,345 Debt Service State Aid – $440,918
$300,000 Revenue Budgeted – from Emergency Reserve to help offset Health Benefit Costs
Click here to view the latest information on the budget, updated on April 6, 2016.