Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Jefferson Township board adopts $67.97 million tentative budget, schedules April public hearing
Summary
The Jefferson Township Board of Education unanimously approved a tentative $67,971,498 budget for 2025–26, which includes a $52,770,735 tax levy and schedules a public hearing for April 28, 2025; the package also includes a $500,000 capital-reserve withdrawal for a high-school sewage project and a $73,473 travel cap.
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
The Jefferson Township Board of Education voted unanimously on March 17 to adopt a tentative $67,971,498 district budget for the 2025–26 school year, the board secretary said. The plan uses $15,200,763 in anticipated revenues and would raise $52,770,735 in local taxes. The board set a public hearing on the budget for April 28, 2025 at 7:30 p.m. at the Jefferson Township High School Media Center.
Business Administrator Rita Oroho Giacchi presented the budget synopsis before the vote. The tentative budget documents list $60,118,455 in General Fund expenditures and show special revenues and debt-service figures that together yield the total $67,971,498 figure. The district included a $676,924 health-care adjustment in the levy calculation to preserve staffing and curricula, and reported a 2% allowable tax-levy adjustment of $978,817 and $154,313 in banked cap available in later years.
As part of the finance motions, the board authorized a $500,000 capital-reserve withdrawal to partially fund the Jefferson Township High School sewage treatment plant project. The board also set the 2025–26 travel and expense reimbursement maximum at $73,473 and established maximums for specified professional services (the resolution applies a 120% contingency to baseline service estimates to minimize frequent paperwork for small overages).
Routine finance approvals included acceptance of the February purchase-order list ($308,648.31), release of vendors’ bills ($445,377.18) and certification of the February check register ($5,889,890.68). The administration was instructed to submit the tentative budget to the Executive County Superintendent in accordance with N.J.S.A. 18A:7F-5 and 18A:7F-6.
The board’s motion to adopt the tentative budget was moved by Board Member Mr. Stewart and seconded by Mrs. Grater and passed on a roll-call vote with nine ayes and no dissent. The public hearing and final adoption remain subject to the county review process.
