Schools
Oceanport BOE Approves $9.9 Million Preliminary Budget
The board will hold a public hearing on the 2013-14 budget on March 28.
Don't look for a lot of fluctuations in the Oceanport School District budget for next year.
The board of education approved a $9.9 million preliminary budget at its Feb. 28 meeting that is a slight increase over the current year. The portion of the budget to be raised by taxes is $9.14 million.
The budget needs to be approved by the county superintendent before it can be voted on by board members. The board will hold a public hearing on March 28 to discuss the budget, which no longer needs to be put out for a vote by taxpayers provided it stays below a 2-percent increase.
Find out what's happening in Little Silver-Oceanportfor free with the latest updates from Patch.
The budget reflects $768,000 in revenue and an additional $3,700 in state aid, bringing it to $427,875 that is an 0.8% increase over last year.
General Fund Special Revenues Debt Service Total 2013-14 Total Expenditures 9,604,471 139,618 171,663 9,915,752 Less: Anticipated Revenue 570,749 139,618 58,568 768,935 Taxes to be Raised 9,033,722 0 113,095 9,146,817Find out what's happening in Little Silver-Oceanportfor free with the latest updates from Patch.
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