Board of Education Taxes

TALKING NUMBERS – Schools Superintendent John Ravally describes the 2024 budget at the March 9 open Finance Committee meeting. (File photo.) The Board of Education approved its $214 million spending plan for Fiscal Year 2024 at a special April 25 meeting. The $213,803,051 budget is powered by a $164,387,049 tax levy for calendar year 2023, up $7,285,784 from calendar year …

BUDGET TIME – Schools Superintendent John Ravally explains some elements of the tentative FY 2024 district budget at the school board’s special open Finance committee meeting on March 9. Update: The Board of Education on March 16 voted to introduce it’s tentative FY 2024 budget. It now goes before the Somerset County Executive Superintendent for review, and final adoption in …

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 …

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. Don’t Miss Out! No other media outlet covering Franklin Township brings you the depth of information presented …

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. Don’t Miss Out! No other media outlet covering Franklin Township brings you the depth of information presented by the Franklin Reporter & …

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 – …

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 …

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 …

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. Don’t …

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 …