Monday, March 11, 2013
The township is receiving almost $6 million.
Bridgewater Township will be receiving flat municipal state aid for the 2013 calendar year, close to $6 million. The township is slated to receive $5,904,261, the exact same amount it received in 2012. The township recently introduced its municipal budget, with the assumption of flat state aid, and a 0 percent increase in the tax levy. The budget this year is set at $38,935,484.46, an increase of 1.26 percent over the 2012 budget of $38,451,229.13. Residents will pay a municipal tax of $1,053 for a home assessed at the average value of $411,662. This is exactly the same as the tax impact of the 2012 budget. The flat state aid was assumed when the budget was introduced, days before the official numbers were released. A public hearing for …
Thursday, February 28, 2013
The district is getting the same amount of aid as in the 2012-2013 school year.
The Bridgewater-Raritan Regional School District will be receiving flat state aid this year, but board of education president Patrick Breslin said he's a bit disappointed by the news. The district will be receiving $9,087,358 for the 2013-2014 school year, a 0 percent increase over the 2012-2013 school year. "I'm disappointed, but I'm at least happy that we're not losing money this year given the position the state's in," Breslin said. "We've been running the budget very close, so we're going to have to be very close with how we move toward a tentative budget." The board is preparing to introduce its budget at Tuesday's meeting at 8 p.m. at John F. Kennedy Primary School. Breslin said the administration was moving forward with its budget …
Wednesday, February 13, 2013
And some members questioned the need for floater teachers in the budget.
Rumors are circulating that the state aid for school districts could be good or disastrous this year, and the Bridgewater-Raritan Regional School District is working to prepare for both scenarios. Board member Jeffrey Brookner, chair of the finance committee, said at Tuesday’s meeting that there are some rumors and concerns that there could be some major cuts in this year’s budget. “Three years ago when the governor’s first budget reduced state aid and required districts to apply excess surplus to state aid, we were forced to use taxpayer money and we lost $7 million in state aid and more than 100 staff members,” he said. “There is some concern that the same thing could happen this year.” But, Brookner emphasized, these are all just rumors…
Wednesday, October 3, 2012
The township achieved a high enough score through its state best practices questionnaire.
The township has reviewed the list of best practices discussed by the state, and determined that it fulfills enough of the requirements to receive all of the promised state aid through the end of 2012. “There is a requirement the state has for all municipalities for the CFO to certify answers to these questions,” said township administrator James Naples. “Bridgewater’s score will indicate that 0 percent of the state aid will be held.” The only question for council members concerned the issue of whether elected officials in Bridgewater are required to attend at least one course offered by the Rutgers University Center for Government Services or an equivalent one through the NJ League of Municipalities. Bridgewater currently does not require…
Thursday, February 23, 2012
The state has announced how much aid municipalities will receive.
Thursday, February 23, 2012
The state released information Thursday on how much state aid municipalities are receiving through the 2012 state budget—and for many towns, including Bridgewater, the state aid is remaining flat. The township will be receiving $5,904,261 for its total calendar year 2012 and fiscal year 2013 state aid. This is the exact same amount of money Bridgewater received last year. Township administrator James Naples said the situation of state aid is a bit of a misnomer because it is really money the municipalities are entitled to anyway, but the state takes its share first. "We would like to see the whole amount we are entitled to so we could provide real property tax relief," he said. "We would like to see more money in the same vein as the …