Saturday, March 23, 2024

Approval of the Tentative 24.3% Increase for the Hoboken Public School District Budget for the 2024-2025 Fiscal Year (plus Video)

Meeting
Mar 19, 2024 - SPECIAL SESSION - ADOPTION OF THE TENTATIVE BUDGET
Type
Action (Consent)
Recommended Action
WHEREAS, the Superintendent and Business Administrator recommend to the members of the Hoboken Board of Education a Local Tax Levy of $73,012,635 to support the 2024-2025 General Fund Budget in the amount of $88,442,445; and

NOW THEREFORE BE IT RESOLVED, that the Board of Education hereby adopts the Hoboken Board of Education School Budget, Fiscal Year 2024-2025, hereto as a tentative budget for the purpose of submitting said budget to the Office of the Hudson County Superintendent of Schools as required by law and code, and

BE IT FURTHER RESOLVED, that the board of education hereby directs the Board Secretary / School Business Administrator to cause said budget to be advertised in the newspapers and made available on the school district website as required, and

BE IT FURTHER RESOLVED, that subsequent to the County Superintendent’s approval of said tentative budget, the board will welcome community input at its regularly scheduled annual Public Budget Hearing on 07 MAY 2024 and

BE IT FINALLY RESOLVED, that the Hoboken Board of Education will, after said public hearing, vote to formally adopt the Proposed School District Budget for the 2024-2025 fiscal year at a Public Meeting to be held on 14 MAY 2024.

TO BE ADOPTED BY THE HOBOKEN BOARD OF EDUCATION ON 19 MARCH 2024
Motion & Voting
RESOLVED, that the Board of Education approves a Consent Agenda.

Motion by Sharyn Angley, second by Chetali Khanna.
Final Resolution: Motion Carries

Yes: Sharyn Angley, Malani Cademartori, Alex De La Torre, Antonio Grana, Chetali Khanna, Thomas Kluepfel, Ailene McGuirk 


You can watch the 20-minute presentation of the initial budget: https://www.youtube.com/watch?v=vCxwPk4qwIY



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