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Metuchen board advances preliminary budget that would raise property taxes about 3.45% amid rising insurance costs
Summary
At its March 24 meeting the Metuchen Board of Education advanced a preliminary 2026–27 budget that would raise the average homeowner’s school taxes by about $330 (roughly 3.45%), officials said, citing large health‑insurance increases and a transportation shortfall. A formal budget hearing is set for April 28.
The Metuchen Board of Education on March 24 advanced a preliminary 2026–27 budget that district officials say would raise the average homeowner’s school tax bill by about $330, an increase of roughly 3.45%.
The district’s budget presenter summarized the financial picture and next steps, saying work on the preliminary budget followed reviews of the year-end audit, baseline operational lines, curriculum and special‑education budgets. He said the district expects Fund 10 revenues around $53.5 million and a local tax levy of about $47.1 million, with the combined levy for Fund 10 and the debt‑service Fund 40 calculated near $51.4 million. The district’s equalized ratables were…
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