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Residents question $5.5 million Ocean City school budget surplus as tax increase proposed
Summary
Two residents raised concerns at a June Ocean City School District board meeting about a reported $5.5 million surplus from last year and asked why the district is proposing a tax increase instead of applying surplus funds.
Two residents pressed the Ocean City School District Board of Education on a reported $5.5 million surplus from last year and asked why some of those funds are not being used to reduce a proposed tax increase.
Victor Staniak, a resident who identified himself during the meeting’s public-comment period, pointed trustees to finance items on the agenda and said, “I totaled all 4 up. We have a total surplus of $5,500,000 from last year's budget.” He asked whether any of that surplus could be reserved to cover the planned tax increase.
A separate commenter, identified in the transcript as Dr. Stanion of Ocean City, told the board the surplus was part of a pattern. “Do you realize that you just approved over $5,000,000 in surplus funds for last year's budget? Do you know how…
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