Lodi School Board reviews $94.4M budget with key funding updates for 2025

March 27, 2025 | Lodi School District, School Districts, New Jersey

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This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

The Lodi Board of Education held a significant meeting on March 26, 2025, where they discussed the proposed budget for the upcoming school year, highlighting key projects and financial allocations that will impact the community.

One of the most notable decisions was the approval of several construction and upgrade projects across the district, totaling approximately $2.3 million. This includes $315,000 for the installation of sign boards at various schools, $247,500 for window upgrades with ballistic laminate for enhanced security, and $124,355 for bathroom security upgrades at all schools. Additionally, Lincoln School will undergo extensive renovations, including brick repointing and window replacements, with a budget of $1.665 million.
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The proposed tax levy for the 2025-2026 school year is set at $39,841,424, reflecting a 2% increase, which translates to an additional $2.21 per month for the average assessed home in Lodi. This increase is part of a broader financial strategy that includes a projected total budget of $94,410,446, with significant allocations for salaries and employee benefits, which together account for over $40 million.

The district also reported a substantial increase in state aid, amounting to $1,545,000, bringing the total state aid to $43,199,877. This includes nearly $2.7 million earmarked for preschool education, which is crucial for early childhood development in the community.

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However, the board acknowledged a concerning gap in funding, as the proposed general fund tax levy is approximately $4.3 million below what the state deems adequate for the district's needs. This discrepancy raises questions about the long-term sustainability of funding for essential programs and services.

As the board moves forward, they will continue to address these financial challenges while ensuring that the educational needs of Lodi's students remain a top priority. The discussions from this meeting underscore the importance of community engagement and transparency in the budgeting process, as residents will feel the direct impact of these decisions in their daily lives.

Converted from Lodi Board of Education - Regular Meeting - March 26, 2025 meeting on March 27, 2025
Link to Full Meeting

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