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Evesham board presents $102.4M final budget, preserves late busing with 2% levy increase amid health-care uncertainty
Summary
Administrators presented a $102,395,600 final 2026—27 budget that relies on a 2% local tax levy increase (about $1.8M), a $1,023,000 capital-reserve withdrawal, and a $700,000 extraordinary aid budget assumption; the board discussed preserving late busing, staffing adjustments and rising state health-benefit costs.
The Evesham Township Board of Education heard the administration's final budget presentation for fiscal year 2026—27, which shows a proposed spending plan of $102,395,600 and a local tax-levy increase of approximately 2% (about $1.8 million).
Business administrator Mr. Yates outlined revenue and expense drivers for the coming year. He said the district's projected revenue includes a modest state funding increase this year but stressed that state aid has fallen substantially since FY17 while enrollment has remained relatively flat; the district's October 15 count for FY27 is 4,439 students. Yates flagged major budget pressures: benefits are projected to rise (the presentation cited a $4.1—4.2 million increase tied to the State Health Benefits Program actuarial shortfall), salaries are increasing roughly 3—4%, and transportation and special-education mandates remain cost drivers.
To balance the budget, the administration proposed using a $1,023,000 withdrawal from capital reserve…
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