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Agenda:LOPATCONG TOWNSHIP BOARD OF EDUCATION 321 Stonehenge Drive Phillipsburg, NJ 08865 NOTICE OF SPECIAL MEETING: The Board of Education will meet on Wednesday, March 30, 2005 at 7:30pm at Lopatcong Township Middle School located at 321 Stonehenge Drive. The meeting will be held in the Cafetorium. To gain admittance, please use the entrance at Stonehenge Drive. The meeting will be open to the public at 7:30pm. AGENDA
R-130-05 Adoption of the 2005-2006 School Year Budget
Public comments are invited on any educationally pertinent subject. All participants will be given five (5) minutes to state their issue. In addition, the subject matter may be discussed by the Board for an additional five (5) minutes. All audience participants must state their name and address before speaking. Thank you for understanding.
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Minutes:MINUTES OF LOPATCONG TOWNSHIP BOARD OF EDUCATION President Kish called the meeting to order at 7:30pm. Mrs. Barna read the following opening statement, “I would like to announce and have placed in the minutes that adequate notice of this special meeting of the Lopatcong Township Board of Education has been provided in accordance with the Open Public Meetings Act by publication of a notice in the Express-Times. A copy of this notice has also been filed with the Township Clerk and posted at both school locations.” The Pledge of Allegiance was recited by all present. ROLL CALL Present: Ernie Gallant, Joe Kennedy, Frank Kish, Tim McGuinness, Jesse Rozycki, Raisy Stammherr, and Bill Taggart. Absent: Greg McGann and Terry Glennon Others Present: Albert V. Purdy, Superintendent and Teresa E. Barna, Business Administrator/Board Secretary Mrs. Barna explained that there needs to be a revision to the 2005-2006 budget as required by the Warren County Office of Education. There was a spending growth limitation adjustment that the board requested that the County Office has denied. In lieu of this adjustment, the district was able to take an additional enrollment adjustment, a small increase in the Special Education adjustment and a small increase in the Capital Outlay adjustment. After taking these additional adjustments, the district still needed to reduce the proposed budget by $42,595. This reduces the tax impact from 3.6 cents to 2.8 cents. There is no educational impact from this reduction since the Plant Operations and Maintenance Accounts were reduced balance the budget.
Motion by Gallant, second by Taggart, that be it RESOLVED, that the Board of Education, having duly advertised and conducted a Public Hearing on the proposed 2005-2006 school year budget, hereby adopts said budget for presentation to the voters of Lopatcong Township on April 19, 2005 as amended and approved as follows:
Be it further resolved to apply for the following Statutory Spending Growth Limitation Adjustments to the 2005-2006 school budget:
Be it further resolved, to seek approval for a Commissioner spending growth limitation adjustment for Increase in Tuition to the 2005-2006 school budget:
Be it further resolved, to seek approval for a temporary cap adjustment to the 2005-2006 school budget for certain insurance and domestic security preparedness costs as defined under N.J.A.C. 6A:23-8.8(h) in the amount of $179,222. Roll call vote: 7 – Yes. Motion carried. Hearing no further business, the Board adjourned at 8:00pm on a motion by McGuinness, second by Gallant. Respectfully submitted, Teresa E. Barna, RSBO Business Administrator/ Board Secretary
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Last Modified: Saturday, May 06, 2006 |
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