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Resident urges board to press borough for school revenue sharing on PILOT deals

Saddle River Board of Education · June 17, 2026
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Summary

A resident warned that hundreds of new apartment units will increase student enrollment and urged the board to request the borough include meaningful revenue sharing on any PILOT agreements; the resident cited a pending state bill (S1807) and said Princeton had begun revenue‑sharing conversations.

A resident told the board that hundreds of new apartment units already under construction will bring children to Wandell School and urged the district to press the borough council to require revenue sharing from any PILOT (payment in lieu of taxes) agreements. “The board should formally and urgently communicate to the Saddle River Borough Council that any pilot agreement associated with new residential developments must include a meaningful revenue sharing allocation to the Wyndell School District,” the resident said.

The speaker explained how pilot agreements typically route negotiated fees to the municipality rather than to school districts unless the municipality chooses to share those payments with the schools. The resident cited Princeton as an example of a municipality that had entered a formal PILOT revenue‑sharing arrangement and noted that New Jersey Senate Bill S1807—if enacted—would require municipalities to share certain PILOT revenues with school districts and to give formal notice when pilot agreements are being considered; the speaker added that the bill has not passed.

A district administrator responded that the board and administration are seeking to be proactive and to build a working relationship with town hall to plan for growing enrollment and to preserve education quality. The administrator said the district is “very hopeful that we will have good synergy and have a team at town hall to work with us to come up with an environment that is sustainable.”

What remains unsettled: whether the borough will agree to revenue sharing on future PILOT agreements, and the bill S1807 remains pending; the board did not take a formal vote on a policy or resolution about PILOT revenue sharing at this meeting.