Hoboken School Board Approves Budget with Tax Levy Increase
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Meeting Type:
School Board
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Meeting Date:
04/30/2024
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Recording Published:
05/01/2024
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Duration:
30 Minutes
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State:
New Jersey
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County:
Hudson County
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Towns:
Hoboken
- Meeting Overview:
In a recent Hoboken Board of Education meeting, an increase in the local tax levy to support the 2024-2025 public school budget was approved. This increase will result in an additional $385 per year in property tax for the average Hoboken homeowner. The budget, which focuses heavily on investing in educational programs and services, addresses the needs of the district such as enrollment growth, special education, and the maintenance of aging buildings.
The meeting began with a moment of silence for Damon Murray, a Hoboken High School graduate who was tragically killed in a shooting. The budget includes funding for the expansion of the Orton Gillingham teacher Academy, new classrooms to manage enrollment growth, and updates to curricula and programming. The superintendent underscored the importance of investing in teachers, which aligns with the significant portion of the budget allocated for salaries and benefits.
Testimonials from a student, a teacher, and a parent provided personal insights into the positive impact of supporting the budget, emphasizing the value of district programs. These testimonials highlighted the community’s support for the board’s financial decisions.
The board tackled the substantial cost drivers impacting the budget. These included staff salaries and benefits, charter school expenses, the costs associated with special education and transportation, as well as the need to maintain aging school facilities and manage rising insurance and utility rates. The financial realities facing the district were also a point of discussion, particularly in light of the COVID-19 pandemic’s impact on school funding and the legislative changes that have led to a significant loss of state aid for Hoboken.
One of the major topics discussed was Hoboken’s classification as an SDA (School Development Authority) district and how it affects school funding. Additionally, the board discussed the impact of the statutory Levy cap and the S2 legislation, which contributed to a decline in state aid by approximately $2.9 million. This financial challenge has prompted the board to consider accessing unused taxing authority to manage the shortfall.
The budget process for the 2024-2025 school year took a different approach, with all requests from principals and administrators being included in the tentative budget. This sparked an extensive discussion on prioritizing spending to ensure that the most critical needs of the district were met. The breakdown of the budget revealed that the largest components were salaries and benefits, funding for Charter Schools, special education, and facility spending.
The discussion on educational investment extended to the implementation of a new Middle School after-school program and an Athletics program. The board stressed the importance of adapting to global changes to prepare students for future success.
The comparison of the 2024-25 budget to the 2023-24 budget showed increases in various expenses, including a notable 8.8 million increase in the tax levy over the previous year’s budget. The board invited the community to attend Q&A sessions regarding the budget, emphasizing transparency and community involvement in financial decisions.
The meeting concluded with acknowledgments to the superintendent of schools, business administrator, assistant business administrator, and finance committee for their work on the budget process and presentation, highlighting the collective effort required to manage the district’s financial planning.
Dr. Christine Johnson
School Board Officials:
Ailene McGuirk, Sheillah Dallara, Chetali Khanna, Sharyn Angley, Alex De La Torre, Thomas Kluepfel, Malani Cademartori, Antonio Graña, Leslie Norwood
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Meeting Type:
School Board
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Meeting Date:
04/30/2024
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Recording Published:
05/01/2024
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Duration:
30 Minutes
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Notability Score:
Routine
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State:
New Jersey
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County:
Hudson County
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Towns:
Hoboken
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