{"id":14389,"date":"2019-03-15T01:50:59","date_gmt":"2019-03-15T05:50:59","guid":{"rendered":"https:\/\/www.shorebeat.com\/brick\/?p=14389"},"modified":"2019-03-15T01:50:59","modified_gmt":"2019-03-15T05:50:59","slug":"brick-boe-introduces-2019-20-school-budget-with-2-9m-tax-hike","status":"publish","type":"post","link":"https:\/\/shorebeat.com\/brick\/2019\/03\/brick-boe-introduces-2019-20-school-budget-with-2-9m-tax-hike\/","title":{"rendered":"Brick BOE Introduces 2019-20 School Budget With $2.9M Tax Hike"},"content":{"rendered":"
\"Brick<\/a>

Brick Township Board of Education\/Schools (Photo: Daniel Nee)<\/p><\/div>\n

The Board of Education in Brick introduced a tentative 2019-20 school budget that includes a tax increase of more than $2.9 million \u2013 much of it mandated by the state.<\/p>\n

The budget is subject to change between now and its final adoption in May, however state figures released last week show Brick losing $2.7 million in state funding for the upcoming year. The same law that cut Brick\u2019s funding also mandated a maximum, 2 percent tax increase for each year over a period of seven years.<\/p>\n

The $155,411,897 spending plan will be supported by a $112,085,560 tax levy if it is adopted. Despite the tax increase, school spending is remaining nearly flat. Last year\u2019s final budget was $155,157,423, but was supported by a $109,258,129 tax levy. The total increase in taxes for Brick residents will be\u00a0$2,901,725.<\/p>\n

\u201cThe state is mandating an increase,\u201d said Board President Stephanie Wohlrab. \u201cWe have to do a 2 percent [increase], minimum.\u201d<\/p>\n

The district, in theory could go beyond the 2 percent figure by utilizing funds in its \u201ccap bank.\u201d The \u201cbank,\u201d in basic terms, is the difference between how much\u00a0the district could have legally hiked taxes within the state\u2019s 2 percent cap over the prior three years and how much taxes were actually raised. If the maximum tax increases were not applied in the past, they could be back-loaded in future years. The board authorized up to $756,499 in banked cap to be used toward the 2019-20 budget.<\/p>\n

\u201cThis is the tentative budget right now because we\u2019re not sure that the state isn\u2019t going to change the numbers again,\u201d said Wohlrab. \u201cIt\u2019s a working document.\u201d<\/p>\n

<\/div><\/div>","protected":false},"excerpt":{"rendered":"

The Board of Education in Brick introduced a tentative 2019-20 school budget that includes a tax increase of more than $2.9 million \u2013 much of it mandated by the state. The budget is subject to change between now and its final adoption in May, however state figures released last week show Brick losing $2.7 million […]<\/p>\n","protected":false},"author":1,"featured_media":3140,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[13],"tags":[3634,24],"class_list":["post-14389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brick-schools","tag-2019-20-school-budget","tag-brick-nj-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/shorebeat.com\/brick\/wp-content\/uploads\/2015\/01\/DSC_0004.jpg","jetpack_shortlink":"https:\/\/wp.me\/pgt2Ft-3K5","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/posts\/14389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/comments?post=14389"}],"version-history":[{"count":0,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/posts\/14389\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/media\/3140"}],"wp:attachment":[{"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/media?parent=14389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/categories?post=14389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/tags?post=14389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}