River Vale School District Celebrates Record State Aid Increase

The River Vale School Board announced an increase in state aid for the 2024-2025 fiscal year during its recent meeting. The board discussed financial updates, including the upcoming budget and the positive impact of new local developments on the tax base.

River Vale School District received a 9.41% increase in state aid, amounting to an additional $115,653, which is seen as a positive direction for the district’s financial health. This increase coincides with a substantial $68 million addition to the town’s assessment base, derived from new developments, expected to dilute the tax burden across the community. Furthermore, the district did not realize any cost savings in major medical benefits this year; therefore, no tax levy reduction is required.

The school board also addressed ongoing negotiations with teachers and secretaries, the scheduling of parent-teacher conferences, and the need for a new maintenance truck due to corrosion of the current one. No public comments were made on agenda items, and no new business was discussed. The board will present a tentative budget at the next meeting on March 19, with a final budget hearing slated for May 7. The meeting concluded without entering into a closed session and was adjourned without objection.

Note: This meeting summary was generated by AI, which can occasionally misspell names, misattribute actions, and state inaccuracies. This summary is intended to be a starting point and you should review the meeting record linked above before acting on anything you read. If we got something wrong, let us know. We’re working every day to improve our process in pursuit of universal local government transparency.
Melissa Signore
School Board Officials:
Steven Rosini, Patrice Pintarelli, Jamie Assor, Louan Austin, Cheryl Berkowitz, Virginia “Ginny” Senande, Arthur White, Kelly Ippolito (School Business Administrator/Board Secretary)

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