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Ocean City district introduces preliminary 2025–26 budget including $3.6M high‑school roof appropriation
Summary
District administrators presented a preliminary $50.86 million 2025–26 budget that uses more fund balance, projects a half‑cent tax‑rate increase and includes a $3.6 million capital reserve appropriation for a high‑school roof pending a 40% state grant.
Ocean City School District administrators presented a preliminary 2025–26 budget to the school board at the meeting, proposing general fund appropriations of about $50,860,000 and a total preliminary budget of just over $52.7 million that includes the special revenue fund.
The budget presentation centered on three drivers: rising employee benefits (including a projected 9.5% increase in health benefits), a projected decline in tuition revenue as sending districts send fewer students, and a proposed $3,600,000 appropriation from capital reserve to show the local match for a high‑school roof grant. “We're looking at about a 9.5% increase overall on our health benefits,” the presenter said, and later noted that the district is including the local 60% share in the budget to pursue a state grant that would fund roughly 40% of the roof project.
Why it matters: the preliminary budget would be introduced to the county and New Jersey Department of…
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