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Pennsauken board approves tentative $181.8 million 2026–27 budget, authorizes up to $11 million from capital reserve
Summary
The Pennsauken Township Board of Education approved submission of a tentative 2026–2027 budget totaling $181,774,017 (General Fund) and authorized withdrawals from capital and maintenance reserves to pay for school construction, equipment and facility repairs.
The Pennsauken Township Board of Education approved submission of the district's tentative 2026'27 budget during its March 17 business meeting, moving to send the document to the State as required by statute.
The budget totals a $181,774,017 General Fund and a districtwide total of $192,114,072 across the General, Special Revenue and Debt Service funds, documents show. The board also requested approval to increase the healthcare cost adjustment by $1,335,692.
Why it matters: The tentative budget sets the district's spending priorities for the coming school year and triggers statutorily required county and state review before final adoption. It funds planned capital projects, staffing and instructional programs across Pennsauken's schools.
Board members approved several companion finance…
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