0:12A primary focus of the meeting was the presentation of the audit report by Michael Pel from Samuel Klein and Company, the independent auditor. Pel detailed the audit process, emphasizing the importance of compliance with state regulations and the necessity of thorough documentation. The audit, covering various funds such as the general fund, special revenue fund, and capital projects fund, confirmed a total fund balance of $27,296,400 as of June 30, 2024. Allocations within the fund balance included designations for the upcoming budget and reserves for state unemployment insurance and capital projects.

27:01A significant topic of concern arose regarding the $27 million reserve fund. Board members expressed apprehension about potential political ramifications, referencing past actions by former Governor Chris Christie, who tapped into board of education fund balances in 2011. The current S2 funding cuts have already impacted the fund balance, with only $146,000 needing to be returned to taxpayers this year. However, a $4 million shortfall in maintenance reserves from the previous year poses a challenge for future budgets. The business administrator explained that these reserves are designated solely for general maintenance and cannot address other budgetary needs, further complicating financial planning.

The board also discussed the implications of declining ratables within the township, which have contributed to the financial strain. As tax levies rise, maintaining healthy cash flow from reserves is critical to covering payroll and expenditures. Special committee reports touched on the scheduling of meetings to accommodate public participation and the need for revisions to the curriculum to adhere to state learning standards. The board emphasized the importance of compliance to avoid penalties, with a timeline for curriculum updates scheduled for May and August.

Curriculum updates were another point of discussion. The board outlined plans for revising curriculum guides, with major subjects like math, English, science, and social studies not undergoing changes this year. However, subjects such as World Language, Career and Technical Education (CTE), and various arts and cultures will see revisions. The board acknowledged the necessity of adhering to state standards and maintaining a balance between budgetary considerations and educational requirements.

56:07The need for a new science curriculum was highlighted, particularly in light of the district’s performance on the New Jersey Student Learning Assessments (NJSLA). A board member noted specific areas where the district lost points, emphasizing the importance of providing teachers with enhanced resources. The discussion included the potential for increased experimentation opportunities for elementary students and the challenges faced by teachers managing multiple classes in different subjects. Departmentalization in elementary schools was proposed as a solution, with some schools like Miller and Gramsha already successfully implementing this approach.

40:37The meeting also addressed transportation issues, particularly the reinstatement of late buses. The board acknowledged the financial impact of recent snowstorms on the budget, estimating expenses of around $30,000 per event. While the possibility of resuming late bus services remains uncertain, the board emphasized transparency in addressing these financial challenges.

Additionally, the board discussed the Unified Champion School Grant, valued at $17,700, and its uncertain future availability. The board considered funding the UniFi program independently of the grant, recognizing its importance for supporting students with social skill challenges. The program’s benefits were noted, and the administration expressed a commitment to continue discussions with the Old Bridge Association regarding next year’s staffing contractual agreements.

1:08:54Other topics included the reintroduction of breakfast programs across all schools starting February 18, with initial sales benefiting over thirty students. The preschool lottery process and kindergarten registration were also addressed, with an emphasis on completing required documentation to secure spots and avoid overflow.