Glen Rock School Board Approves Budget, Addresses Energy Savings
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Meeting Type:
School Board
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Meeting Date:
04/29/2024
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Recording Published:
04/29/2024
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Duration:
46 Minutes
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State:
New Jersey
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County:
Bergen County
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Towns:
Glen Rock
- Meeting Overview:
The Glen Rock School Board convened to discuss and approve the financial plan for the 2024-2025 school year, placing emphasis on energy savings, budget allocations for district goals, and the anticipated tax rate increase. The recent meeting commenced with a moment of silence for Wendy Ro, a beloved art teacher who recently passed away, followed by tributes. Subsequently, the board delved into a careful discussion on the district’s finances, including a comprehensive budget presentation that covered the development process, allocations for enhancing security measures, community communications, instructional materials, and energy improvements.
The budget presentation revealed an extensive five-month planning process aimed at supporting the district’s objectives, which include the addition of elementary school greeters, funding for new textbooks, and positions for special education and art teachers. These discussions also highlighted the closing of approximately $3.8 million in Energy Savings Refunding Bonds, which will finance various cost-saving initiatives over an 18-month span.
School Board members analyzed the financial intricacies of the district, noting the creation of a maintenance reserve to address repair expenses, the stability of enrollment with a slight increase projected, and the commissioning of a demographer study to forecast enrollment for the next five years. The budget meeting included a detailed review of revenue sources, with a tax levy, state aid, local sources, and a fund balance contribution. The projected tax rate increase stands at 2.225%, translating to an average home seeing an increase of approximately $317.
Financial discussions extended to referendums and their associated savings, accredited to the non-utilization of certain contingency funds from a previous referendum. The board opened the floor to public comments, specifically regarding the budget hearing, where a community member recognized the contributions of three individuals, including a retiring teacher and two staff members exiting the district.
In addition to budgetary matters, the board approved various resolutions related to capital reserve and principal payments against bonds. Contributions to the district were also a topic of gratitude, including the retirement of a former football coach. New staff appointments and suspensions were addressed, and the meeting facilitated public discourse on non-budgetary issues, such as a request to silence a school’s alarm during school days. The session concluded with the announcement of the next meeting and the transition to a closed session.
Brett Charleston
School Board Officials:
Dr. Damali Robinson, Sinead Rundell, Elizabeth Calvez, Stephanie Carosella, Elizabeth Carr, Daniel Corey, Edmund Hayward, Sharon Scarpelli, Karyn Stephenson, James Canellas (Board Secretary/Business Administrator)
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Meeting Type:
School Board
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Meeting Date:
04/29/2024
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Recording Published:
04/29/2024
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Duration:
46 Minutes
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Notability Score:
Routine
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State:
New Jersey
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County:
Bergen County
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Towns:
Glen Rock
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