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Bound Brook board adopts tentative $72.7 million 2026–27 budget after first reading
Summary
After a presentation from district staff, the Bound Brook Board of Education approved the tentative 2026–27 general fund budget totaling $72,675,015 in a roll-call vote. Administrators cited higher state aid and rising health insurance costs as key drivers of the plan.
The Bound Brook Board of Education approved a tentative 2026–27 general fund budget totaling $72,675,015 at its March meeting after a first reading and roll-call vote.
During the presentation, Christine Lee, the district’s budget presenter, outlined revenue and expense assumptions underpinning the plan, saying the district received an increase in state aid this year and is using a mix of state funding, local taxes and a one-time portion of fund balance to produce a balanced budget. Lee noted increases in equalization and categorical aid — including special education and preschool funding — and said the district applied a $263,084 banked cap adjustment and a…
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