Metuchen Board adopts $54.3 million 2025–26 budget; tax levy rise limited to 2.7%

The Metuchen Board of Education approved a $54.3 million budget for the 2025–26 school year at its April 29 final public hearing, adopting the plan by roll-call vote after a presentation from district administrators.

Superintendent Dr. Vincent Caputo and a finance presenter, identified in the meeting as Mr. Harvey, presented the figures and said the approved plan does not raise the district's tax levy beyond previously signaled limits. "There is no impact to the tax levy, to the tax increase. That's simply a transfer from our reserve account into Fund 30," Mr. Harvey told the board during the presentation.

The approved appropriations total $54,300,000, with roughly $39,000,000 going to salaries and health insurance. Revenue sources the presentation listed include a local tax levy of about $40.55 million and state aid of $3.3 million…