>Ridgewood schools budget coming up $655K short
Thursday February 9, 2012, 11:34 AM
BY DARIUS AMOS
STAFF WRITER
The Ridgewood News
Ridgewood school district officials must make up for a $655,039 shortfall in anticipated revenues as they continue to work toward balancing the proposed 2012-13 operating budget.
Based on preliminary numbers revealed during Monday’s Board of Education meeting, the district is tasked with bringing the general fund revenues up to par with the expected appropriations, which as of this week totaled $90,851,246.
The district’s anticipated revenues ($90,196,207) represent a 1.6 percent increase over last year. The revenues include the proposed $82,949,642 local school tax levy, more than $1.6 million in state aid and approximately $1.5 million from the capital reserve account.
https://www.northjersey.com/news/139017459_Ridgewood_schools_budget_coming_up__65K_short.html