Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Teaneck Board approves $102.99 million tax levy, signs off on two months of payments and settlements
Summary
The Teaneck Board of Education on Sept. 17 approved the district's 2024'025 tax levy schedule totaling $102,996,705, ratified payments for July and August, and approved multi‑thousand‑dollar settlements and facility change orders during a meeting at Teaneck High School.
The Teaneck Board of Education on Sept. 17 approved the district's 2024–25 tax levy payment schedule totaling $102,996,705 and ratified payments of claims for July and August 2024, the board recorded in its minutes.
In separate finance votes the board approved payments for July totaling $3,793,002.96 and August payments of $6,524,716.97 across General, Capital Outlay, Special Revenue, Community Education, Food Service and Debt Service funds. Board members voted on the consolidated finance package by roll call, and the minutes mark each member as voting in favor.
The board also approved out‑of‑district special‑education tuition contracts for the 2024–25 school year totaling $392,965 and multiple stipulations of settlement for individual students, with itemized amounts recorded in the minutes (examples include settlements in the mid‑$60,000 range for several student placements and a settlement of $60,539.40 to Shefa School). The minutes include the full amounts appended in the meeting packet.
Facilities approvals included change orders for cafeteria HVAC upgrades at Thomas Jefferson Middle School (two adjustments totaling $36,601.02) and Benjamin Franklin Middle School ($23,277.66), which the board authorized under contract with TMB Service and architect Di Cara Rubino.
Irene Gray was appointed interim School Business Administrator and designated temporary purchasing agent with an established maximum bid threshold of $44,000, effective retroactive to July 18, 2024. The appointment gives Ms. Gray the authority to award contracts within the established threshold and to solicit competitive quotations as allowed by statute, according to the minutes.
The board's finance package passed on the motion of Victoria Fisher, seconded by Jonathan Rodriguez, by roll call vote. The minutes and the attached cash and treasurer reports provide the financial backup for the action.
What happens next: The tax levy schedule sets the district's local collection plan for the school year; the board packet lists the detailed cash reports and treasurer's statements that the board accepted at the Sept. 17 meeting.
