{"id":4431,"date":"2015-04-29T05:28:28","date_gmt":"2015-04-29T09:28:28","guid":{"rendered":"https:\/\/www.shorebeat.com\/brick\/?p=4431"},"modified":"2015-04-29T00:09:23","modified_gmt":"2015-04-29T04:09:23","slug":"brick-school-board-set-to-adopt-2015-16-budget-thursday","status":"publish","type":"post","link":"https:\/\/shorebeat.com\/brick\/2015\/04\/brick-school-board-set-to-adopt-2015-16-budget-thursday\/","title":{"rendered":"Brick School Board Set to Adopt 2015-16 Budget Thursday"},"content":{"rendered":"
\"Brick<\/a>

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

Brick Township\u2019s Board of Education is scheduled to hold a hearing on its 2015-16 school year operating budget this week before taking a vote on adoption of the spending plan.<\/p>\n

The budget includes a 0.9 percent tax increase, well below the state\u2019s 2 percent cap on expenditures and tax levy increases. The 2015-16 budget, as it appears on an agenda for Thursday\u2019s board meeting, is $146,930,267 supported by a $100,000,721 tax levy. The levy is the same as that which appears on the tentative budget which was introduced last month.<\/p>\n

The primary driver of the increase in the tax levy this year is the district\u2019s debt service, which totals $2,688,428. Of that amount, $2,378,131 will be funded through property taxes.<\/p>\n

The budget rose from last year; the 2014-15 school year budget totaled $146,520,788, supported by a $99,113,095 tax levy.<\/p>\n

Though Brick\u2019s tax burden is below the state average<\/a>, New Jersey residents as a whole pay the highest property taxes in the nation \u2013 often propelled upward by the burden local residents must shoulder to fund their school systems. Brick will receive $35,938,828 in state aid for the 2015-16 school year, the same amount the district received for the current school year.<\/p>\n

Often criticized by suburban taxpayers, New Jersey\u2019s funding formula provides the majority of its education funding to 31 mainly urban, low-income districts, formerly known as \u201cAbbott\u201d districts after the series of Supreme Court decisions bearing that name. A lack of state aid means local taxpayers must fund more of their districts\u2019 budgets, leading to higher property tax levies given a lesser amount of assistance from the state. In the state\u2019s proposed 2015-16 budget, about 65 percent of the state\u2019s total educational funding is provided to those districts, out of 590 total.<\/p>\n

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

Brick Township\u2019s Board of Education is scheduled to hold a hearing on its 2015-16 school year operating budget this week before taking a vote on adoption of the spending plan. The budget includes a 0.9 percent tax increase, well below the state\u2019s 2 percent cap on expenditures and tax levy increases. The 2015-16 budget, as […]<\/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":false,"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":[1120,24],"class_list":["post-4431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brick-schools","tag-2015-16-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-19t","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/posts\/4431","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=4431"}],"version-history":[{"count":0,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/posts\/4431\/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=4431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/categories?post=4431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shorebeat.com\/brick\/wp-json\/wp\/v2\/tags?post=4431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}