Thursday, July 21, 2016

Lakewood BOE public meeting tonight

The Lakewood Board of Ed will hold a public hearing today July,21 approving many programs for the school district. see HERE 6:30 pm at 855 Somerset Avenue.
BOE received $6 million loan from the state to be repaid over 10 years. At the same time appropriating millions of dollars for non mandated after school programs and summer programs. Yet of all non mandated programs, courtesy busing is the only one always put on the chopping block. Items on the agenda below
8. Approved the Sodexo Snow Removal Plan for the 2016-2017 School 


(Last month) Move that the Board of Education approve the renewal addendum with Sodexo Management, Inc. to manage and operate the District’s Food Service operation from July 1, 2016 thru June 30, 2017 at a cost of $172,473.00 for General Support Services and $179,012.00 for Management Fee. (60-910-310-500-00-0000) 

10.WHEREAS, the Lakewood School District projects a general fund 
deficit of approximately $12,000,000 at June 30, 2016; and
WHEREAS, such deficit would have a severe impact on the district's 
cash-flow and ability to meet its financial obligations in school year 
2016-2017; and WHEREAS, the Superintendent has requested a $6,000,000 advance state aid payment from the Commissioner of Education pursuant to 
the provisions of N.J.S.A. 18A:7A-56a, and the Commissioner has 
approved payment of said request; BE IT RESOLVED, that the Lakewood Board of Education accepts the advance state aid payment in the amount of $6,000,000  for the 2016-2017 school year pursuant to the provisions of N.J.S.A. 18A: 7A-56a. Additionally,  pursuant to the provisions of N.J.S.A. 18A:
7A-56b, the board accepts  the maximum 10 year repayment term, 
subject to the undesignated general fund balance provision of 

N.J.S.A. 18A:7A-56c. 

G. Approval of payment of New Jersey State Health Benefit Plan premiums for May 

2016 in the amount of: $1,205,281.17 

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