Bloomfield School Budget Is Shaping Up: Here’s What To Know

BLOOMFIELD, NJ — Budget season has officially arrived for Bloomfield’s public school district.

Bloomfield school administrators are proposing a 2 percent tax levy increase as part of the 2022-23 budget. It would mean an increase of $29 per $100,000 in assessed value for the school portion of a local homeowner’s property taxes, administrators said.

Bloomfield district administrators released details about this year’s $150.42 million spending plan during a meeting on March 22. Watch the video below via WBMA-TV.

See the district’s budget presentation here.

Gov. Phil Murphy’s latest school aid proposal includes a 28.07 percent increase for Bloomfield, a total that has been accounted for in the proposed budget. Read More: Bloomfield Will Get More School Aid From NJ Under Murphy Plan

Property taxes in New Jersey are made up of three parts: school, municipal and county. Here's how that broke down in Bloomfield last year:

• School – 47.2%
• Municipal – 37.6%
• County – 15.2%

A public hearing and adoption of the 2022-23 Bloomfield Public School District budget is scheduled for 7:30 p.m. on Tuesday, April 26.

• Read More: See The 'Average' Homeowner's Tax Bill In Bloomfield
• Read More: Tax Gap In Essex County: Many Wealthier Towns Pay Lower Rates

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