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Northvale Board adopts $15.32 million budget, sets tax levy at $12.80 million for 2026-27
Summary
The Northvale Board of Education adopted a $15,316,773 final budget for 2026-2027 that raises $12,798,766 in local taxes, includes a $62,238 enrollment adjustment and $561,795 for rising health benefit costs, and sets travel and professional-services limits as required by state rules.
The Northvale Board of Education adopted its final 2026-2027 school budget at its April 30 regular meeting, approving total expenditures of $15,316,773 and a tax levy of $12,798,766.
The finance committee presented F-1 through F-7 before the roll-call vote. The adopted budget shows anticipated revenues of $2,518,007 and a general-fund expenditure line of $14,247,776. The board included an enrollment adjustment of $62,238 intended for supplies and materials for additional students and budgeted $561,795 to cover increased health benefit premiums.
Business Administrator and Board Secretary Susan Dykstra presented required certifications and reports, noting that, as of Feb. 28, 2026, no budgetary line-item account had been over-expended in violation of N.J.A.C. 6A:23A-16.10(a). The board also authorized March 2026 budget transfers in compliance with N.J.S. regulations and acknowledged monthly disbursements and payroll details.
The resolution establishes maximum amounts for certain professional services for 2026-27, including a $5,000 cap for the school physician, $15,000 for legal services and $37,175 for audit services, and approves travel reimbursement limits consistent with N.J.A.C. 6A:23A-7.3. The district reported $1,280 expended and $800 encumbered against an established travel maximum of $6,200 for the current school year and set a maximum of $4,750 for the 2026-2027 school year.
Board members voted unanimously to adopt the budget. The approved tax-levy payment schedule lists monthly payments that together total the $12,798,766 levy for the year.
The board's adoption follows the tentative budget’s approval by the Executive County Superintendent on April 21 and a public advertisement of the tentative budget on April 24, 2026. The budget will be implemented for the 2026-2027 school year.
