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Re: ‘Massive’ $120M budget shortfall is subject of special Jersey City BOE meeting
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More than 600 Jersey City school district employees would be laid off under initial BOE budget

JERSEY CITY — More than 600 school district employees would be laid off and residents’ school tax would increase by 10 percent under a proposed budget that was sent to the county for approval Wednesday night.

The Board of Education, facing a $120 million budget shortfall and “draconian” reductions to state aid, presented a preliminary budget that — if adopted in May — would see 450 instructional staff positions, including teachers and teacher’s aides, and 260 central administration and non-instructional staff positions eliminated throughout the district.

https://www.nj.com/hudson/2019/03/more ... eliminary-boe-budget.html


Posted on: 3/21 14:32
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Re: ‘Massive’ $120M budget shortfall is subject of special Jersey City BOE meeting
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Great news!! I hope next year the short fall is even bigger! Only then will the necessary changes be made.

Posted on: 3/21 2:26
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Re: ‘Massive’ $120M budget shortfall is subject of special Jersey City BOE meeting
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Future Jersey City tax abatements will add to school funding

Updated 4:29 PM; Today 4:06 PM
By Terrence T. McDonald | The Jersey Journal

JERSEY CITY — The public school district will receive 24 percent of revenue from future tax abatements under a measure approved by the City Council last week.

The measure is symbolic at this point — the Fulop administration has not passed along any new long-term abatement requests to the council since 2017 and has signaled those tax breaks are over — but its supporters say if the city starts awarding tax breaks again, they want the schools to benefit.

https://www.nj.com/hudson/2019/03/no-m ... ll-help-schools-more.html

Posted on: 3/20 20:43
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Re: ‘Massive’ $120M budget shortfall is subject of special Jersey City BOE meeting
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Tax abated and rent control properties will be excluded from any tax increases for the school system according to municipal code. It will be the small homeowner, as usual facing these increases. Just last week the city council passed a resolution to give future tax abatement 24% to the schools for Bayfront. However, we will have a higher rate than 24%. We are in the mess because past and present administrators are always protecting development.

Posted on: 3/20 18:10
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‘Massive’ $120M budget shortfall is subject of special Jersey City BOE meeting
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‘Massive’ $120M budget shortfall is subject of special Jersey City BOE meeting

The Jersey City Board of Education will hold a special meeting Wednesday afternoon to determine how to plug a $120 million hole in the 2019/2020 budget.

The nine-member school board that presides over the 30,000-student district will vote on an interim budget for next school year and send it to the county superintendent for approval.

The district is set to lose $27 million in state aid next year, more than what was originally anticipated when the city enacted a payroll tax to help offset the state funding cuts. But the Jersey City Public Schools are also expected to lose about $6.5 million in state funding because an increase in enrollment in local charter schools, Board of Education President Sudhan Thomas said.

https://www.nj.com/hudson/2019/03/mass ... sey-city-boe-meeting.html


Posted on: 3/20 16:33
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