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Mahwah presents $86.38 million 2026–27 budget, cites health-cost drivers and a 3.93% tax levy increase
Summary
The Mahwah Township Board of Education’s administration presented a $86,382,564 proposed budget for 2026–27, saying rising health benefit costs are the primary driver behind a 3.93% tax levy increase and noting enrollment declined by 51 students.
The Mahwah Township Board of Education’s business administrator presented a proposed $86,382,564 budget for the 2026–27 school year and said the district’s tax levy will total $75,879,585, a 3.93% increase from the prior year. The administrator attributed most of the levy increase to higher employee health benefit costs and limited leeway under New Jersey’s tax levy cap rules.
Why it matters: District officials said rising health and prescription costs are the largest pressure on local school finances. The presentation listed projected increases of 20% for medical costs, 40%…
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