Schools
Proposed Point Pleasant Borough School Budget Would Raise Taxes $91 Per Year on Average Assessed Home
The proposed tax levy and five candidates running for two seats will be on April 27 ballot
The proposed Point Pleasant Borough school district budget of about $37 million will be presented at a Board of Education meeting at 7 p.m. today at Ocean Road School.
The public will have a chance to vote on the budget's $29,037,267 tax levy, along with choosing two of five candidates running for two, three-year board seats, on April 27.
The proposed budget raises the local school tax rate by $2.43 per $100 of assessed value, which means the owner of a home assessed at $375,000 would pay another $91 in school taxes per year, according to records distributed by the school district.
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The owner of a home assessed at $200,000 would pay an additional $49 per year. The owner of a home assessed at $300,000 would pay $73 more per year.
If the tax levy fails on April 27, it goes to Borough Council which can leave it intact or cut it.
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The amount of the projected tax rate, tax increase and revenues and expenditures in the proposed budget could not be immediately checked with district officials today, but will be presented tonight.
The proposed budget contains no reductions in staff or academic programs, said School Superintendent Vincent Smith at a meeting last Tuesday night where he discussed the budget with a small group of members of Parent-Teacher Organizations and Boosters.
In addition, all sports and activities currently offered at the middle and high schools remain intact, he said.
However, nothing that was cut as a result of last year’s budget defeat will be restored.
“We strive to provide a thorough, efficient education as required by law, while keeping the taxpayers in mind,” said Smith at the meeting for PTO members and Boosters. He stated that school Business Administrator Steven Corso “looks at every dime spent (by the district) as if it is his own.”
Regarding the race for two board seats, incumbents John MacDermant, Morris Avenue, and Regina Foley, Bayberry Avenue, are challenged by Tim Harrison, Cedar Street; James Barber, Middle Avenue; and Susan Ward, Riverwood Avenue.
