Manasquan Board adopts $40.38 million budget for 2026'27; tax levy set at $21,498,697

The Manasquan Board of Education adopted its final 2026'27 budget at the May 5 meeting, recording total expenditures of $40,376,019 and a tax levy of $21,498,697.

Superintendent Robert Goodall presented the final budget and accompanying documents; Dr. Pete Crawley, the district's Business Administrator/Board Secretary, certified compliance with applicable state rules. The minutes record anticipated revenues of $18,877,322, leaving $21,498,697 to be raised by local taxes.

Key budget adjustments recorded in the minutes include an $1,334,678 increase to cover higher health benefit premiums and a $73,074 use of banked cap under N.J.A.C. 6A:23A-10.1(b) to increase the base budget for continuity of the educational program. The budget also includes a $100,000 deposit into the district's Capital Reserve Account earmarked for future turf replacement projects.

The minutes note the procedural history: a tentative budget was adopted on March 10, 2026, approved by the Executive County Superintendent on March 26, 2026, and posted and published in accordance with state requirements before the May 5 public hearing. The public hearing on the budget was opened and closed with no public comment recorded.

Also recorded was the board's authorization of travel and related expense reimbursements under N.J.A.C. 6A:23A-7.3, setting a $100,000 maximum travel amount for the 2026'27 year and noting $15,314.52 expended to date in the current year.

Next steps in the minutes indicate the adoption resolution and supporting documents are part of the board's official record.