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Hillsborough board approves revised 2024–25 school budget after public hearing

Hillsborough Township Board of Education · July 16, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

After a public hearing, the Hillsborough Township Board of Education approved a revised 2024–25 budget that restores portions of state aid and authorizes related waivers and reserve withdrawals; board members debated whether one‑time restoration funds should prioritize staff restoration or new programs such as full‑day kindergarten planning.

The Hillsborough Township Board of Education voted to approve a revised 2024–25 school budget at its July 15 meeting following a public hearing and staff presentation.

Superintendent (speaker S7) and district finance staff (speaker S2) told the board that recent state legislative changes extended the budget timeline and allowed districts to recoup a portion of previously lost state aid. The district’s revised budget totals shown by staff included a general fund of $148,367,502, grants and entitlements of $1,906,885, and debt service of $2,187,950. Staff said the change reflects a 2% tax-levy increase, a…

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