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District presents $150 million 2024–25 budget, cites 2.9% tax-rate change and $4.2M in capital work
Summary
At a public hearing on the 2024–25 budget, Anthony Lofanko summarized a proposed $150,000,000 spending plan that includes a 2.9% tax-rate increase and roughly $4.2 million in capital improvements; the board discussed revaluation effects on town and township tax burdens.
Anthony Lofanko presented the Morris School District’s public hearing on the proposed 2024–25 budget, saying the district plans a $150,000,000 operating budget that “includes a 2.9% of the tax increase, bringing our full tax levy to a $103,000,000.” He told the board that roughly 72% of the budget pays salaries and benefits and that the district is planning about $4,200,000 in capital improvements, including renovations, electrical upgrades and air conditioning work at the…
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