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Board allocates $166,960 in FY24 Extraordinary Aid to tuition accounts
Summary
Alexandria Township Board approved appropriating $166,960 in FY24 Extraordinary Aid, allocating $66,960 to in-state tuition to other LEAs and $100,000 to private tuition, and authorized administrative transfers under NJ rules.
The Alexandria Township Board of Education accepted $166,960 in FY24 Extraordinary Aid and approved appropriations intended to cover unanticipated costs and improve district operations. The board allocated $66,960 to "Tuition to other LEA's in State" and $100,000 to private tuition accounts, authorizing the School Business Administrator to make the transfers under applicable laws (N.J.A.C. 6A:23A-13.3).
The action was presented during the consent agenda and recorded as approved by roll call. The board's resolution cites N.J.A.C. 6A:23A-13.3(d)6 permitting appropriation of state revenue excluded from excess surplus calculation in the prior year.
