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Manasquan Board reviews $38.29 million 2025–26 budget including $19.75M tax levy and health benefit increase
Summary
At the May 6 meeting the Manasquan Board of Education heard the superintendent and business administrator present the proposed 2025–2026 budget: $38.29 million in total spending, $19.75 million to be raised by local taxes, and a $176,117 health-benefits adjustment; officials also proposed capital-reserve moves and a $200,000 tuition-reserve withdrawal.
The Manasquan Board of Education on May 6 heard a public presentation of the proposed 2025–2026 school district budget that lists total expenditures of $38,294,245 and a tax levy to be raised of $19,751,258.
Superintendent Robert Goodall and School Business Administrator Dr. Pete Crawley presented the figures to the Combined Committee of the Whole and Regular Board meeting at Manasquan High School. Dr. Crawley certified the district’s compliance with N.J.A.C. 6A:23A-16.10 and said sufficient funds are available to meet the district’s fiscal obligations for the remainder of FY2024–25.
The budget document calls for general fund spending of $35,621,798, special revenue of $327,022 and debt service of $2,345,425. Anticipated revenues total $18,542,987, leaving taxes to be raised at $19,751,258. The board included a $176,117 adjustment to cover higher health-benefit premiums.
The proposal also recommends capital-reserve transactions: a $100,000 deposit into Capital Reserve to fund future turf-field replacement, a $190,000 withdrawal from Capital Reserve to cover abatement and replacement of carpet flooring systems, and a $200,000 withdrawal from the Tuition Reserve to cover tuition obligations in SY2025–2026.
Dr. Crawley also reviewed travel and related expense reimbursement rules under N.J.A.C. 6A:23A-7.3, recommending a maximum travel budget of $100,000 for 2025–2026 (the board has expended $24,729.54 to date). The administration presented the Tax Levy Revenue Schedule, medical and dental plan descriptions and other routine budget attachments as part of the advertised budget document.
The hearing on the budget was the formal public presentation required by state law. The agenda records the presentation and the set of resolutions the administration recommended; the transcript does not record a final roll-call adoption of the budget in public session on May 6.
