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Hopewell Valley board adopts final 2024-25 budget, uses state waivers to exceed levy cap
Summary
The Hopewell Valley Regional Board of Education voted unanimously to adopt its final 2024-25 budget, using state-granted waivers including a health benefit waiver to raise the tax levy above the 2% cap. Board officials said state funding fell short of the district's formula-determined amount and outlined expected program and fee changes.
The Hopewell Valley Regional Board of Education voted unanimously April 23 to adopt its final 2024-25 budget, using commissioner-granted waivers to raise the local tax levy above the state's 2% cap.
Board members approved the budget by roll call. The board president called the vote after the budget presentation and public comment period. Doctor Genovese, Mister Capadia, Mister Peters, Mister Slottman, Doctor Stiliano, Doctor Wilson and Miss Williams Galliano voted yes.
District presenter Bob Calabrio said the budget reflects an increase in the district's appropriation of about 3.1% and that the board took two waivers from the New Jersey Department of Education: one for rising health-benefit costs and one for an enrollment increase. "We did…
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