Posts Tagged ‘ Board of Finance ’

Board of Fiance approves school budget in full

April 2, 2014
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By Lisa Capobianco Staff Writer The finance board recently voted 5 to 1 in support of the Board of Education’s proposed budget as presented for Fiscal Year 2014-2015. The school board proposed a budget of $87,072,005, which reflects an increase of 3.37 percent over this year’s adopted budget of $84,233,204. “It’s just an incredible moment…

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Looking at the budgets; Few residents attend hearing

March 7, 2014
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By Lisa Capobianco Staff Writer Members of the community addressed the proposed 2014-2015 budgets of the Board of Education and the General Government/Town Manager during a public hearing Monday night. The school board’s proposed budget is a total of $87,072,005 for 2014-2015, which reflects an increase of 3.37 percent over this year’s adopted budget. The…

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All day kindergarten implemented; School board cuts the SOAR program

May 31, 2013
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By Rob Glidden Staff Writer The Board of Education managed to save its proposed all-day kindergarten program despite reductions made during the budget process, but at a price that left the officials uneasy. The decisions made by the Board of Finance and the Town Council left the school board with about $84.2 million to work…

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Residents to save $4 in taxes; Board of Finance slightly lowers mill rate

May 23, 2013
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By Rob Glidden Staff Writer The Board of Finance approved a mill rate for the next fiscal year that will result in a tiny tax reduction for residents. After its $129 million proposed budget was approved without changes by the Town Council, the BOF officially set the next mill rate at 27.46, a drop from…

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Council sets $129 million budget; School allotment falls along party lines

May 16, 2013
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by Rob Glidden Staff Writer The Town Council approved a budget of approximately $129 million for the next fiscal year, with the Board of Education’s budget splitting the councilors along party lines. The general government budget of about $45.1 million was approved unanimously, with several councilors praising Town Manager Garry Brumback for avoiding an increase…

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BOF proposed budget lowers mill rate

April 4, 2013
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By Ed Harris Editor The Board of Finance has passed a proposed $129.3 million dollar budget that scales back money for the Board of Education and slightly lowers the mill rate. The board unanimously passed a recommendation of $45.1 million on the town side and $84.2 million for the Board of Education. The proposal will…

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Backing the school budget; Residents voice opinions at hearing

March 7, 2013
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By Ed Harris Editor The public by and large supported the Board of Education and its budget proposal during a hearing at DePaolo Middle School Monday night. Numerous residents, teachers, PTO and town officials spoke in favor of passing the school board proposal as is, with little to no cuts. Only three people talked out…

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Looking at the school budget; Finance and school boards look at the numbers

February 22, 2013
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By Rob Glidden Staff Writer The Board of Finance and school officials extensively discussed both the details and the philosophy behind the Board of Education’s budget request during a recent meeting. This was the formal presentation of the school board’s $85.3 million for the next fiscal year, which amounts to a 3.51 percent increase over…

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