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Toms River schools await state response on submitted balanced budget; sponsorships and lower‑than‑expected insurance rise noted
Summary
District staff told the Board’s Budget & Finance Committee they have sent a May 29 response to a May 21 Department of Education letter and are awaiting the DOE’s reply before finalizing the submitted balanced budget; staff also reported $595,000 in sponsorships year‑to‑date and insurance renewals that increased costs about 3%.
The Board of Education’s Budget & Finance Committee was told the district is waiting for the New Jersey Department of Education to respond before adopting the submitted balanced budget.
Staff member (speaker 3) said the district replied on May 29 to a May 21 DOE letter and has not yet received a response, leaving the board unable to finalize the budget. "We answered that correspondence on May 29, from the May 21…
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