PUBLIC HEARING

BLACK HORSE PIKE REGIONAL SCHOOL DISTRICT BOARD OF EDUCATION

AGENDA FOR PUBLIC HEARING

May 1, 2014

Timber Creek Regional High School

 

 

           

Public Hearing and Adoption of the 2014 –  2015 School Budget


                  1.   Presentation

                  2.   Opportunity for Public Comment

                  3.   Resolution



a)       Move that the Board of Education adopt the 2014-2015 budget in the amount of $73,947,535.

 

BE IT RESOLVED to approve the 2014-2015 school district budget.

                                                                                                                                                                                                               

                                                                                                                Budget                   Local Tax Levy

                                                General Fund                                        $ 69,354,338           $29,116,326           

                                                Special Revenue Fund                         $     963,228             --------------

                                                Debt Service Fund                                $   3,629,969           $ 2,079,663 

                                                Total Base Budget                               $ 73,947,535           $31,195,989

 

b)       Move that the Board of Education approve the following:

 

Resolved, that there be raised for General Fund $ 29,116,326.00 for the ensuing school year 2014-2015 allocated among the constituent municipalities as follows:

 

                                                                                                                2014-2015

                                                Municipality                                           Percent Share        Local Tax Levy

                                                Borough of Bellmawr                               12.9832469             $  3,780,244.49 

                                                Township of Gloucester                           77.3851250             $22,531,705.27      

                                                Borough of Runnemede                          9.6316281               $  2,804,376.24

                                                                                                                                                $29,116,326.00