Ridgewood schools budget breakdown is in the early stages
Monday February 4, 2013, 1:33 PM
BY LAURA HERZOG
STAFF WRITER
The Ridgewood News
Residents who see the Ridgewood Board of Education’s (BOE) 2013-1014 budget summary on the district website should not be alarmed, Superintendent of Business Angelo DeSimone said at a BOE meeting last week.
About 96 percent of the budget is already committed, and the board is not in danger of going over budget, DeSimone said. “Committed,” he noted, includes purchase orders made as well as bills that have been paid.
A large portion of the committed budget goes toward projected contractual pay and the cost of employee dental and medical insurance, DeSimone said.
Also, the board still has |millions of dollars not yet |committed.
“Four percent of $90 million is about $4 million,” he noted.
According to DeSimone, next year, school district employees will pay a cumulative 19.2 percent of medical premiums, a significant increase from two years ago when they paid less than 5 percent.
