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Edison Township Board adopts $378M FY2026 budget, holds levy flat at $235M
Summary
After a public hearing with sharp questions from residents about reserves and special education, the Edison Township Board of Education adopted its FY2026 budget 4–2 with one abstention. The board plans to use prior-year underspending and capital reserves to offset a $2.9 million state aid cut.
The Edison Township Board of Education on April 29 adopted a fiscal year 2026 spending plan that keeps the local school tax levy flat at $235 million while increasing total appropriations to cover projected costs and planned capital work.
Superintendent Dr. Edward Alderelli opened the budget discussion by describing the spending plan as “a financial representation of what we value as a community,” highlighting investments in facilities, student supports and new program pathways. Business administrator Mr. Toth told the public the budget reflects a $2.9 million cut in state aid and relies on restricted capital reserves and prior-year underspending as one-time revenue to balance the plan.
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