Wednesday, September 25, 2019

Lakewood BOE Meeting approve budget with $36 Million Loan

Lakewood Board of Education Meeting  today  September 25, 6:30 pm commons 855 Somerset Avenue
-Watch Live stream HERE
-Agenda HERE
-Reappoint Laura A. Winters, as its Superintendent  for a 3 year term at a salary of $204,500 and a 3.5% increase for the 2021-2022 school year and a 3.5% increase for the 2022-2023 school year
-Approve 2019-2020 school Budget (Budget   $233,610,257 Local taxes pay $104,466,984)
- DOE Loan in the amount of $36,033,862
-Approve Comegno Law Group, P.C. as Special Counsel to the Board of Education at
a cost of $200 per hour for performing legal services for, or on behalf, of the Board
-Approves the maximum amounts for contracted professional services: legal services  $750,000
-Lakewood Township Grants 2018 carryover $1251,561 request additional $4,327,390 for 2019/20
-A Deficit of the LSTA becomes the responsibility of the school district that the NJ DOE to provide additional state funds in the amount of $2,900,000 as Emergency Aid

4 comments:

  1. Very similar formula
    Raise taxes spend other people's money and gave high salary raises to friends.

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  2. 1- don’t we have a lawyer that we pay $715,000- why do we need another lawyer ?
    2- why is the superintendent whose contract isn’t expiring till June getting a new one now with 50 extra vacation days, which are worth over 100,000 when they are cashed in? Isn’t this a district who is in serious debt?

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    Replies
    1. Because they do what the attorney says and the attorney does what Rabbi X of the Igud says. They want ignorant people who do favors. Does not matter that a $250 million organization is inefficient.

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  3. This board Raises taxes taken out loans that Lakewood tax payers have to repay. Than pay an attorney the highest salary if a public official in all of nj. Pay over a huge salary with a fat raise to an employee The township raised taxes and than gives grants for non mandated after school programs all paid for by Lakewood tax payers.
    These elected officials have no Shame.This money comes from poor youngeleit.

    ReplyDelete