I recently came across a 1988 article from The Hudson Dispatch with a headline that immediately caught my attention:
“Pasculli eyes accord with school board.”
The smaller headline above it was even more direct:
“Aim: Cut budgets.”
The article reported that Hoboken Mayor Patrick Pasculli had called a special City Council meeting to discuss a spending agreement with the Hoboken Board of Education. At the time, the school district’s budget was $27.3 million.
Nearly four decades later, Hoboken’s 2026-27 Board of Education budget stands at $102.34 million, with a 23.6% increase in the local tax levy.
Those numbers deserve some historical context.
Adjusting 1988 for Inflation
Simply comparing $27.3 million in 1988 with $102.34 million today would be misleading. A dollar in 1988 obviously purchased considerably more than a dollar does today.
So let's account for inflation.
Using the Consumer Price Index, that $27.3 million 1988 school budget is equivalent to approximately $77.3 million in 2026 dollars. The CPI is the federal government's standard measure of changes in consumer prices. Bureau of Labor Statistics CPI information
That produces a much more meaningful comparison:
| Hoboken BOE Budget | Amount |
|---|---|
| 1988 actual budget | $27.3 million |
| 1988 budget in 2026 dollars | ≈ $77.3 million |
| 2026-27 budget | $102.34 million |
| Difference after inflation | ≈ $25.0 million |
| Increase above inflation-adjusted 1988 level | ≈ 32% |
Read that last number again.
Today's Hoboken school budget is approximately $25 million larger than the 1988 budget even after nearly four decades of inflation have already been accounted for.
That is the comparison that should interest taxpayers.
And Then There Is the Tax Levy
The size of the overall budget is only part of the story.
The 2026-27 budget carries a 23.6% increase in the local tax levy. That figure itself represents a reduction from the approximately 27% increase initially proposed.
Reducing the proposed increase was certainly preferable to leaving it at 27%. But a 23.6% increase in a single year remains extraordinary enough to warrant serious public scrutiny.
One can support public education enthusiastically while asking whether an increase of this magnitude is financially sustainable.
Those positions are not contradictory.
I have spent my professional life in education. I have been a classroom teacher, administrator, professor, researcher, and teacher educator. I believe deeply in the importance of strong public schools and in properly supporting the teachers and professionals who work in them.
But support for public education cannot mean that every expenditure is beyond question.
Quite the opposite.
Responsible stewardship of public money is essential to sustaining public confidence in public education.
What Is Particularly Interesting About 1988?
For me, the most fascinating part of the old article isn't actually the $27.3 million figure.
It's the process surrounding it.
Mayor Pasculli was actively involved. The City Council was discussing the school budget. The mayor was trying to develop an agreement between municipal government and the Board of Education.
And Hoboken residents ultimately had something residents today do not ordinarily have:
a direct vote on the annual school budget.
Under the system then in place, voters could approve or reject the school budget. If voters rejected it, municipal government could become directly involved in determining reductions.
That system no longer exists in the same form.
When Hoboken moved its school elections from April to November, the regular annual school budget generally ceased being submitted directly to voters. Current New Jersey law provides a different framework, under which regular school budgets within the applicable statutory requirements generally do not receive a public referendum. New Jersey Department of Education School Finance information
So we should be precise: the Hoboken City Council does not have the same formal authority over the school budget today that municipal government possessed under the old budget-election system.
But that raises another question.
Does Different Authority Require Silence?
I don't think it does.
City Hall and the City Council may have a different legal role today, but they remain the elected representatives of many of the same taxpayers who ultimately pay school taxes.
There is nothing preventing municipal leaders from asking difficult questions.
There is nothing preventing them from convening public discussions.
There is nothing preventing them from examining how a 23.6% tax-levy increase will affect homeowners, renters, businesses, seniors, and families.
There is nothing preventing them from asking the Board of Education to explain publicly how we arrived at a $102.34 million budget, what is driving its growth, what alternatives were considered, and what taxpayers should expect in subsequent years.
The 1988 article reminds us that there was once an expectation that a school budget of significant consequence to taxpayers was a community-wide civic issue, not something existing entirely within the institutional boundaries of the Board of Education.
Perhaps that is the larger lesson worth recovering.
This Should Not Become an Anti-School Argument
I want to be especially clear about this.
This should not become an argument against teachers, students, or public education.
The meaningful questions are much more sophisticated.
What has driven Hoboken's inflation-adjusted school spending upward by approximately $25 million since 1988? How much reflects changes in enrollment? Special education? Salaries and benefits? Facilities? Transportation? Administration? State and federal mandates? Expanded educational programs?
And most importantly:
What measurable educational benefits have accompanied the additional investment?
Those are empirical questions.
They should be answered with data rather than rhetoric.
As someone who has spent decades studying education, I would argue that this is precisely the conversation educators should welcome. If additional public investment produces meaningful improvements in opportunities and outcomes for children, let's document those improvements.
If some expenditures are producing limited educational value, let's be willing to identify those as well.
Accountability isn't the enemy of public education.
Accountability is how public institutions earn the confidence necessary to sustain public investment.
Four Numbers Hoboken Should Remember
Strip away the politics for a moment and consider four numbers:
$27.3 million.
The Hoboken school budget in 1988.
Approximately $77.3 million.
What that 1988 budget represents in 2026 dollars after adjusting for inflation.
$102.34 million.
The 2026-27 Hoboken Board of Education budget.
23.6%.
The increase in the local tax levy.
The first three tell us that today's budget is approximately $25 million, or roughly 32%, above the inflation-adjusted 1988 level.
The fourth tells us something about the immediate burden being placed on today's taxpayers.
Neither statistic, standing alone, proves that the budget is excessive. A school district in 2026 is not identical to a school district in 1988, and a serious analysis must account for changes in enrollment, student needs, mandates, staffing, facilities, programs, revenue sources, and educational expectations.
But the numbers certainly justify asking questions.
Hoboken Deserves the Conversation
There is something almost quaint about that 1988 newspaper headline:
“Aim: Cut budgets.”
But underneath it was a principle that remains relevant.
Government officials understood that public spending deserved public discussion.
The mayor became involved. The City Council became involved. The Board of Education became involved. And voters themselves had a formal role in the process.
Thirty-eight years later, Hoboken residents no longer vote routinely on the annual Board of Education budget.
That makes transparency and public engagement more important, not less.
A $102.34 million school budget deserves careful examination.
A 23.6% increase in the local tax levy deserves careful examination.
And a school budget approximately $25 million above its 1988 inflation-adjusted equivalent deserves an explanation of what Hoboken taxpayers are receiving from that additional investment.
We should demand excellent schools.
We should support excellent teachers.
We should provide Hoboken's children with an outstanding education.
And we should insist that every public institution entrusted with taxpayer dollars demonstrate that those dollars are being spent responsibly and effectively.
Fiscal responsibility and educational excellence are not opposing values.
For a healthy public school system, we should insist on both.
The strongest authoritative evidence I could find is the City of Hoboken's Master Plan. Its “Historical School Enrollments, Hoboken Public Schools” table reports 4,401 students in 1985 and 3,266 in 1991. So my best guess for 1988 would be 3,834 BUT that is an interpolated estimate. 2025-26 enrollment 3803 according to the NJDOE.


















