Wednesday, July 19, 2017

Lakewood School District Budget for 2017-18 School Year $98 Million from Local Taxes

School budget for Lakewood Township, NJ for 2017-18 see HERE or below.
General Fund operating budget is $143 Million  98.5 Million comes from Lakewood Township Taxes additional 42 Million comes from State (including 8.5 million loan, security grants)
22 million from  Federal sources
Total Revenues/Sources Net of Transfers $193,540,464

-Enrollment expected to go up from 4,860 to 5126 students
-$1,942,251 transfer funds to charter schools
-Tax rate estimated to go up from 1.4812 to 1.5053
 Salaries: Not including health and other benefits from state Federal
-State Monitor $115K
-Fiscal State Monitor $85K
-Superintendent $167.5K
-Business administrator $150k
-assistant business administrator $116K
-purchasing agent 111K
-IT director 122K

31 comments:

  1. The Public Schools added another 266 students??

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  2. So let me get this straight, the Lakewood taxpayers are paying $20,000 per anchor baby to get schooling in the United States, and we're still the bad guys who don't care about anyone else? How does that work?

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    1. We will always be the bad guys. Even the Vaad called some of us Bad Apples.

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    2. yes over 20k per kid in total. but from local taxes it's about 14k going to each kid.

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  3. The enrollment numbers don't make any sense.The Hispanic community has been moving out to neighboring towns why is enrollment going up.
    The numbers are either inflated or students are being bussed to Lakewood from Brick Toms River and Freehold. The BOE was supposed to look into it but nothing has been done about it.
    Who knows how many millions of dollars Lakewood taxpayers are shelling out for kids who don't live here.

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    1. Harold HerskowitzJuly 19, 2017 at 11:50 AM

      We needed to be an abbot district. I am not sure we still can do it. There are certain people that benefit from our system the way it is. They never allowed our town to be an abbot district . Our median income probably still qualifies legally to become an abbot district.

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    2. On my block alone 3 houses were torn down that should have removed 10/15 kids from the district. We have to do an audit.

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    3. Whats the downside to being an abbot district? Besides aren't those being phased out?

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    4. Harold HerskowitzJuly 19, 2017 at 5:07 PM

      Downside donyou can't control your schools but we don't anyway. Abbot districts are wasteful and costly for the state. But they save a lot of money for that town.

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    5. Harold HerskowitzJuly 19, 2017 at 5:09 PM

      'Loch Arbour residents pay the most in property taxes in Monmouth County while residents in neighboring Asbury Park pay the least."
      Because Asbury Park is an Abbot District.

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  4. Alumni Beis EliyahuJuly 19, 2017 at 11:03 AM

    The real question is that there are over 25,000 households in Lkwd K"AH.
    If we divide even the 134,000,000/25,000= $5,360 per household + add a bit for trash pickup and municipal "services" there should be nobody paying anything near what we are paying.
    Something smells...

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    1. Your need to count residential properties, not households. There are multiple family buildings, vacant houses, and other factors. And tax is payed by the property not the household.

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  5. You are way off. Half of the 25,000 are new couples who don't own houses. The tax on a 1 bedroom apt isn't that much. You also don't figure in the Municipsl budget. Your numbers are totally out of wack. Please do research first before you post.

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    1. People in one bedroom apartments generally don't have kids in school. 3 bedroom basements that don't pay any taxes are a bigger problem

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    2. Tax is on the value of the house, a finished basement as a second apartment increases the value of the house therefore the tax is higher.

      A four bedroom 2000sq ft old home with 7 ppl, uses as much services as a new 3200sq ft ft home with 7 ppl, yet the taxes are more than 50% greater. Let alone a mansion, or large property. Is it fair? Well, do you have a better system?

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    3. Yes, multifamily properties use more services then single family homes, and should be taxed at a higher rate.

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  6. Quick back of the envelope math: $143mm budget divided by 5100 students = $28,000 per student... Are u kidding me?! Enough with this waste! And don't start going all special ed on me. There's so much waste there too but it's not PC to talk about it...

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    1. Throw your envelope in the garbage, and read the budget it's all in there, how much for regular, special Ed, administration, other stuff like state monitors etc.

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    2. once you deduct schi and bussing it's a little over $20,000 per kid.

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  7. People can't be bothered to read through the budget. The 143 million includes millions from title 1 and other grants that go to non public school children also. You can't just take blanket numbers and divide them by public school student
    If you count the grants and mandated busing and special needs school tuition used by members of our kehila,I would guess that over 60 million goes to that. That's just a guess. Might be wrong. Its 0probably 235 to 30 million in special needs tuition ,15 to 18 million in busing and 15 to 30 million in title 1 ,nursing and other grants

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    1. If you are including Title 1 and grants, you need to also include them in the total budget which is not $143 million, but $193 million

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    2. no it doesn't. title 1 is not part of the 143 million. you don't know how to read the budget.

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  8. 15 vacation days, 12 sick days, and 5 personal days. That's a total of 6.5 weeks off. Not bad for an IT director making 122K.

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    1. And a school year based schedule

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    2. nitpicking, 122k is not a very high salary, especially after taxes...

      Thats not where you are going to find the Millions wasted. Go after the big money.

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    3. I agree with the others. It's a nice salary with good benefits and schedule, but hardly the root of the problem. The Sedexo contract is mind boggling, think how many janitors you can hire for $4 million.

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  9. Just need to laugh. This is amazing. Considering (according to many blogs) that the Jews in Lakewood don't pay taxes because blah blah blah, I learnt here that money grows on trees. How else could so much property tax money come in if no one paid taxes in Lakewood!

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  10. There is a large portion of the budget that goes to help almost exclusively our children at SCHI at near state highs of $100K per student. Couldn't that cost go down and help lower taxes?

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  11. The school board has no control of that. The state allows that much,money based on the high,level,of care that Schi does. The philosophical question of whether the town as a whole can afford that quality ,and whether the town has the achrayus to spend that much ,is not the domain of the politicians. They can't change it as long as the state allows it.

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