28:46The budget presentation was a focal point, emphasizing the financial pressures the district faces due to a 3% reduction in state aid. The complexities of the state’s funding formula, which ties aid to property values and resident income, were highlighted as issues. The district had previously been at risk of losing more than 3% of its funding but benefited from a cap on funding losses this year. The board underscored the unpredictability of state aid, noting that extraordinary aid is never guaranteed and remains subject to state determinations. Additionally, special education remains the largest budget line, costing over $4,470,000, which includes expenses for both in-district students and those needing transportation to external programs.

48:17The board also discussed tax implications, noting community concerns about rising school taxes. Despite perceptions of increases, the board clarified the school is only implementing a 2.1% increase, with an expectation of approximately 3.9% overall. It was pointed out that regional high school taxes contribute to the overall tax burden, a factor beyond the board’s control. The average assessed value in the district has increased to $792,000, leading to an estimated tax increase of about $146, which remains subject to further assessments.

38:20In terms of fiscal management, the board agreed to allocate $200,000 from the audit to offset taxes, preventing an additional tax levy increase for capital projects. This decision is part of a broader strategy to utilize prior year reserves, totaling around half a million dollars, with $150,000 designated for routine maintenance. The board emphasized the importance of shared transportation routes to reduce costs and highlighted the support from Bergen County Technical Schools and the ED Data consortium for school supplies.

46:51Infrastructure improvements were another significant topic, with plans to install an Airdale HVAC unit in eight classrooms, funded through a Regular Operating District (ROD) grant. The district is also investigating participation in PSEG’s direct install program, potentially reducing project costs to 20% with the remainder financed interest-free over 60 months. However, delays in funding release from PSEG could affect project timelines.

43:02The board also addressed technology upgrades, announcing plans to install additional BenQ boards in fourth-grade classrooms and expand the use of GoGuardian to younger grades. Security upgrades remain a priority, with ongoing assessments of school property to identify potential blind spots.

01:09:06Teacher Appreciation Week was recognized with a proclamation. The board encouraged community members to express their gratitude, and a breakfast event was held to honor educators, with positive feedback on the attention to detail in its organization.

01:06:17Finally, public relations efforts were discussed, with updates on a parent coffee event attended by about 14 parents. The effectiveness of the new website and app was also reviewed, with plans to conduct a survey to gather further feedback on communication methods.