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West Long Branch Board of Education

This document provides information on the tentative budget for the 2016-2017 school year for the West Long Branch Board of Education. It highlights changes such as technology upgrades, security upgrades, professional development, and textbook replacements. It also discusses the revenue sources and tax impact on the community.

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West Long Branch Board of Education

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  1. West Long BranchBoard of Education Mr. Brian Kramer, President Ms. Beth Sarfaty, Vice President Mrs. Kristin Arvanitis Mrs. Meaghan Cavanaugh Dr. Paul Christopher Mrs. Tracey Cistaro Mrs. Erin Hegglin Mrs. Patricia Bambach-McLaughlin Mrs. Susan Trocchia

  2. TENTATIVE BUDGET 2016-2017 School Year

  3. Changes • Technology Upgrades • Security Upgrades • Professional Development • Textbook Replacements

  4. Revenue

  5. 2016-2017 Tentative Budget

  6. General Fund Changes

  7. Tax Impact 2015-2016= $9,738,312 2016-2017= $9,807,734 Calendar Levy (Jan-Jun) $4,869,156 Calendar Levy (Jul-Dec) $4,903,867 Calendar Levy- $9,773,023 Divide by Ratables- $1.196 billion (decr.= $8 million) School Tax Rate 2016= $0.814 per $100 AV School Tax Rate 2017= $0.820 per $100 AV Tax Rate Increase= $0.006

  8. Tax Impact on Average Assessment 2015-2016 • Average Home Assessment = $417,704* • 0.814 x $417,704/100 = $3,401 2016-2017 • Average Home Assessment = $421,106* • 0.820 x $421,106/100 = $3,453 Net Increase= $52 per year * SOURCE: Monmouth County Tax Administrator

  9. Remaining Work Plan • Approve Final Budget at Regular Public Meeting on April 26, 2016 • The User Friendly Budget will be posted to the District Website upon County approval

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