Post by admin on May 7, 2008 5:26:43 GMT -5
This topic could have gone in a number of places.....
www.app.com/apps/pbcs.dll/article?AID=/20080507/NEWS01/805070344/1285/LOCAL09&GID=NHENCnnrHtlc55EQ9d9fpLppAC0luRTT8mDAVWi/yN0%3D
FREEHOLD — The Borough Council shaved about $67,000 off the borough school district's 2008-09 tax levy Monday, which will result in about a half-cent reduction in the proposed tax rate and the elimination of two new positions the district had hoped to add.
The council passed a resolution at Monday's meeting calling for a general fund school tax levy of $7,737,636. That amount is $67,360 less than the levy rejected by voters on April 15.
Of that number, $47,360 will be saved by not hiring a bilingual literacy teacher for the kindergarten and first grades, said Schools Superintendent Liz O'Connell. The remaining $20,000 would have gone toward the salary of a clerical assistant for the buildings and grounds department.
The tax levy proposed by the school district would have increased the tax rate about 2.4 cents for every $100 of assessed property value. The council's reduction means the increase will be approximately half a penny less.
Included in the resolution passed by the council were references to the district's 2008-09 budget, which is almost $3.3 million below the adequacy level to provide a "thorough and efficient education," as calculated by the state Department of Education. The district's classroom size is also above the state average, according to the resolution.
The resolution also noted that the school budget proposed additional teachers to reduce class sizes and included the first textbook adoption in eight years.
Kim Predham: (732) 308-7752 or kpredham@app.com
www.app.com/apps/pbcs.dll/article?AID=/20080507/NEWS01/805070344/1285/LOCAL09&GID=NHENCnnrHtlc55EQ9d9fpLppAC0luRTT8mDAVWi/yN0%3D
FREEHOLD — The Borough Council shaved about $67,000 off the borough school district's 2008-09 tax levy Monday, which will result in about a half-cent reduction in the proposed tax rate and the elimination of two new positions the district had hoped to add.
The council passed a resolution at Monday's meeting calling for a general fund school tax levy of $7,737,636. That amount is $67,360 less than the levy rejected by voters on April 15.
Of that number, $47,360 will be saved by not hiring a bilingual literacy teacher for the kindergarten and first grades, said Schools Superintendent Liz O'Connell. The remaining $20,000 would have gone toward the salary of a clerical assistant for the buildings and grounds department.
The tax levy proposed by the school district would have increased the tax rate about 2.4 cents for every $100 of assessed property value. The council's reduction means the increase will be approximately half a penny less.
Included in the resolution passed by the council were references to the district's 2008-09 budget, which is almost $3.3 million below the adequacy level to provide a "thorough and efficient education," as calculated by the state Department of Education. The district's classroom size is also above the state average, according to the resolution.
The resolution also noted that the school budget proposed additional teachers to reduce class sizes and included the first textbook adoption in eight years.
Kim Predham: (732) 308-7752 or kpredham@app.com
