Ridgewood residents are invited to learn more details about the 2011-12 school budget, which will be up for public vote on April 27. The following budget events are open to the community, and questions or comments are encouraged:
Official Public Hearing on Budget @ BOE Meeting
Tonight, 7:30 p.m. Ed Center, 3rd Floor
Watch on Cablevision Channel 77 or live webcast (click here to link live).
Community Presentation
Thursday, March 31, 7:30 p.m.
GW Middle School Auditorium
Coffee with the Superintendent
Tuesday, April 12, 9:00 AM
Ed Center, 3rd Floor
Community Presentation
Wednesday, April 20, 7:30 p.m.
BF Middle School Auditorium
Don't feel like attending a meeting, but have questions? Email budget12@ridgewood.k12.nj.us
Most recent budget activity:
At the Board meeting on March 21, the BOE had a Joint Meeting with the Ridgewood Village Council, to present an overview of the proposed 2011-2012 budget and to engage in a discussion. Assistant Superintendent for Business Angelo DeSimone presented to the Village Council an updated budget spreadsheet. Revenues are flat, with the exception of the proposed tax increase of 2%. Basically, the budget is a 0% increase from this year to next year, with no personnel cuts or cuts in programs. Utility costs are projected to increase 5%. The largest increase on the line items is the 12% projected increase for Employee Benefits, which includes medical insurance. The proposed 2011-2012 General Fund Tax increase of $1,594,572 is at the 2% cap. The total projected General Fund budget is $86,775,809, representing an increase from this year of $363,441.33. The tax impact of this budget would be $23.94 per $100,000 valuation, or $190.90 on the average assessed Ridgewood home of $797,422.
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