![]() In 2021-22, there was a zero increase because the board members recognized families were struggling, the superintendent said. Adding in the state aid figure of $6.2 million, the school district has $7.9 million in revenue it is able to spend, Ciarrocca said. The tax levy increase of 6 cents per $100 of assessed valuation is a $1.7 million tax levy increase over 2021-22 that is the allowable increase according to the 2% cap, Ciarrocca explained. ![]() If the budget receives final approval from the county and the state Department of Education, taxpayers who own an average assessed home of $160,695 will see an increase of $8.44 per month during the upcoming year. The board unanimously approved the tentative budget during a March 23 meeting. The total budget up for approval by the Board of Education is $146,806,544. Other major components of the budget include charter school costs, facilities operations, transportation, technology, special education and capital acquisitions. “Talent, our teachers, by very nature are the core of our work with students, and all of our staff who support that,” she said. ![]() She said 75% of the budget cost is salaries. Superintendent of Schools Janet Ciarrocca said North Brunswick is a “talent-heavy business” with 1,000 employees. The largest component of the operating budget of $129,400,899 is salaries and benefits. The 2022-23 proposed budget includes the general fund, which is the current general expenses plus capital outlay plus charter schools, at a cost of $129,400,899 grants and entitlements from state and federal sources, at an amount of $8,142,710 and the debt service fund, which is the board’s share minus debt service revenue plus the local tax levy, at an expense of $9,262,935. NORTH BRUNSWICK – Although taxpayers in North Brunswick saw no increase in 2021-22 related to school taxes, taxes will increase for 2022-23 because of increase in salaries, charter school costs and transportation costs.
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