STATE AID INCREASE – Schools Superintendent John Ravally said the increase in state aid is “timely.” (File photo.) The Franklin Township school district is targeted to receive more than $21 million in state aid for its K-12 program in Fiscal Year 2024, a nearly 38 percent increase in the amount it received for Fiscal Year 2023, according to figures recently …
Read More »School Board Approves Eight Budget Goals; Budgeting Process Begins
The 2023-24 budgeting process began for the Board of Education on September 22, with the approval of a set of eight budget goals and tentative budget calendar. The goal is to have a budget ready for submission for state approval by April 2023. The Board’s budget goals are: Support district initiatives that ensure the physical and mental well-being and safety …
Read More »School District Administrators Awarded Merit Bonuses
Two school district administrators were awarded merit bonuses for the 2021-22 school year at the August 25 Board of Education meeting. Jonathan Toth, the district’s outgoing business administrator, was awarded $15,124.26 in merit bonuses for meeting three goals. Daniel Loughran, the district’s assistant superintendent for curriculum and instruction, was awarded $15,180.87 in merit bonuses for meeting three goals. The goals …
Read More »School Board Approves Budget, Slight Tax Cut For Some
The school district’s assistant superintendent for business, Jonathan Toth, reviews the budget with the school board at the April 28 meeting. The $176 million Fiscal Year 2023 budget approved April 28 by the Board of Education contains good news for some township property owners. A $1.4 billion increase in the township’s total property valuation – from $11,094,767,831 to $12,524,680,778 – …
Read More »School Board Introduces 2023 Spending Plan
The school district’s assistant superintendent for business, Jonathan Toth, and schools Superintendent John Ravally (left to right) discuss the proposed 2033 budget at the school board’s March 17 meeting. The Board of Education on March 17 introduced it’s proposed $204 million spending plan for Fiscal Year 2023. The District’s preliminary $203,871,228 total budget – a 6.2 percent increase over FY …
Read More »Ravally: District Working To ‘Lessen Impact’ Of State Aid Reduction For FY2023 Budget
Schools Superintendent John Ravally said the District is working to mitigate the effects of a loss in state aid. (File photo.) School officials are working on how to absorb a $33,000 reduction in state aid without it having an adverse impact on programs and services. The district is slated to receive $15,621,841 in state aid for FY 2023, according to …
Read More »School Referendum Work Declared Finished And $3 Million Under Budget
Claremont Elementary School was the capstone project in the $85 million school referendum passed in 2014. (Photo: Franklin Township schools.) Work on the $85 million school referendum passed in 2014 has been completed, Board of Education prescient Nancy LaCorte said on July 22. The keystone of the work, which began in 2015, was the construction of Claremont Elementary School. “All …
Read More »School Board Approves New 3-Year Contract With FTEA
A multi-year contract giving district teachers average 3 percent raises in each of the agreement’s three years was approved June 16 by the Board of Education. The contract, which takes effect in the 2021-22 school year, also includes average 2.5 percent raises for district clerical staff and average 2.7 percent raises for district paraprofessionals in each of the agreement’s three …
Read More »Updated: School District Previews 2021-22 Budget
Update 2: The Board of Education passed the 2021 budget at its April 27 meeting. With a school tax rate of $1.39 per $100 of assessed valuation, the yearly school tax bill on the township-average home assessment of $354,791 will be $4,939.47, an increase of $2.70 from last year’s budget. Update: The Board of Education adopted its preliminary budget at …
Read More »Claremont Road School To Go Solar
Claremont Road School’s electricity will soon be supplied via solar energy, thanks to a decision made February 25 by the Board of Education. The Board voted to approve an $813,501 contract for the solar installation to EZNERGY NJ of Brick. The solar panels will be installed on the school’s roof. Board member Ed Potosnak said the purchase will pay for …
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