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Haddonfield board adopts 2026–27 $51.7 million operating budget after public hearing
Summary
After a public hearing, the Haddonfield School District board voted to adopt the district’s proposed $51.7 million operating budget for fiscal year 2026–27. The presentation outlined levy calculations, homeowner impact estimates and small shifts in spending toward facilities and debt service.
The Haddonfield School District board approved the district’s proposed operating budget for fiscal year 2026–27 during a working session public hearing. A staff presenter summarized the plan as a $51,700,000 operating budget and described a tax levy figure of $44,700,000, which the presentation characterized as a 5.95% increase in the levy compared with the prior year.
"So $51,700,000, that's that would be our proposed total operating budget," the staff presenter said, walking the board through levy adjustments and exemptions used to reach the proposed figure. The presenter identified allowable adjustments, including a $1,300,000 health-care adjustment and $325,000 in bank-cap authority, and noted there remained about $60,000 of unused taxing authority from the prior cycle.
The presenter explained how assessed-value growth moderates the rate impact: "For every $100,000 of assessment, it's gonna cost you for school purposes only. For school purposes, it's about, $1,985," a homeowner-impact example the presenter used to illustrate likely effects on property owners. Using the district's average assessed home value of $542,000, the presenter said that implied roughly a $464 annual increase in school taxes in the example shown.
On composition, the presentation said special education would represent a slightly smaller share of total spending while facilities and debt-service allocations would rise modestly. The staff presenter described those changes as the primary shifts in the spending mix.
After the presentation and brief discussion, the board moved to adopt the budget. A roll-call vote recorded affirmative responses from the members present; one member noted they would abstain on an added, separate motion concerning a student-placement resolution but confirmed a yes vote on the budget itself. The board chair declared the budget adopted and the district will enter the new fiscal year on July 1 under the approved plan.
The finance committee will continue to review precise fee schedules and other details tied to the budget recommendations ahead of implementation.
