Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Pennsauken board approves $177.7 million 2025–26 budget, authorizes up to $6.6M from capital reserve for facility projects
Summary
The Pennsauken Township Board of Education approved the 2025–26 school district budget and three related resolutions on April 29, 2025, including a travel/reimbursement cap of $92,350, a public information spending cap of $90,000, and authorization to transfer up to $6.6 million from capital reserve for multiple facility improvements. No members of the public spoke during the hearing.
The Pennsauken Township Board of Education on April 29 approved the 2025–26 school district budget and three companion resolutions authorizing limits on travel and public-information spending and permitting a capital reserve transfer of up to $6,600,000 for facility projects.
The board approved a district-wide Grand Total budget of $177,729,061, which includes a General Fund total of $168,344,816 and a local tax levy of $47,594,677. The budget packet filed with the board lists a Special Revenue Fund of $6,887,676 and a Debt Services Fund of $2,496,569, with a stated Banked CAP request of $0 for the coming year.
The board also adopted a resolution capping reimbursable travel and professional development expenses for staff and board members at a maximum of $92,350 for the 2025–26 school year,…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat