Sunday, February 3, 2013

LATEST ON SCHOOL BUDGET TALKS

The News-Record offers an in-depth review of the current school budget negotiations:


MAPLEWOOD/SOUTH ORANGE — At the Jan. 28 Board of Education meeting, the board spent more than an hour discussing the 2013-14 budget, where it stands on the self-imposed 2-percent tax cap, and the use of available bank capital.
This is the BOE’s first year deciding the budget for the South Orange-Maplewood School District; it passed a resolution Dec. 18 that moved BOE elections to Election Day in November, limiting the power of the Board of School Estimate, which previously controlled the district’s budget. Now, a funding proposal will only be placed before the BSE if the proposal exceeds the state-mandated cap.
District Superintendent Brian G. Osborne prefaced the budget presentation with a reminder that nothing is definite as the district has not yet received notifications regarding the size of the 2013-14 state and federal grants.

Read the entire report HERE.

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