photo by Boyd Loving
the staff of the Ridgewood blog
Ridgewood NJ, from the “Keep Our Vote” site ,voting on the school budget vote is an insurance policy against Ridgewood taxpayers being unnecessarily overcharged.
There is no school budget vote if local elections are moved to November. Last March’s failed budget resulted in $630,000 savings to taxpayers every year going forward, compounded by each year’s budget increase. No school programs or educational services were impacted.
The 2% cap is not a cap on the entire budget increase and highly unlikely to ever trigger a budget vote. High cost expenses are not included in the 2% cap. Also, budget increases below 2% can be “banked” and added to a future budget.
While Board of Education elections were held in November, the school budget increase for the 2018-2019 school year was 3.62% and did not trigger a vote. The additional 1.62% equaled $1.5 million from the taxpayers not needed to cover education costs.