Sunday, May 31, 2020

Hoboken Board of Education Approves a 10% Tax Increase for 2020-21

Figure 1: Hoboken BOE 2020-21 Local Tax Levy
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While the rest of Hoboken has been arguing back and forth about a potential 5% tax increase for the 3rd quarter of 2020...the Hoboken Board of Education unanimously approved a tax levy of $53,114,030 for the 2020-21 school year (see Figure 1). This represents a 9.95% increase over the 2019-20 local levy of $48,306,832 (see Figure 2). 


Figure 2: Hoboken BOE 2019-20 Local Tax Levy
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