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Winslow Township board approves tentative $147.7 million budget; $14.5 million pulled from capital reserve for middle school HVAC
Summary
The Winslow Township Board of Education voted to send a tentative $147.7 million 2025–26 school budget to the county, including a $14.5 million withdrawal from capital reserve for a middle school HVAC project and planning for other HVAC work at multiple schools.
The Winslow Township Board of Education voted to approve and forward a tentative $147,700,000 school district budget for the 2025–26 fiscal year to the county office, board members said at the March 12 meeting.
The approved tentative budget includes a $14,500,000 withdrawal from the district's capital reserve designated for a middle school heating, ventilation and air-conditioning (HVAC) project. A presenter said that earlier work had covered some units and that the current withdrawal is for units original to the building that still need replacement. The presenter also said the tentative budget shows a fund balance amount of $6,700,000, which is a decrease from the prior year by roughly $2,100,000.
Budget…
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