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Tuesday, April 30, 2013

Nutley Commissioners Pass Budget

Officials declined to average tax increase costs, saying fluctuating home values make determining an average impossible.

A month after presenting a $50 million budget that came in the wake of reductions, Nutley Commissioners passed a tightened budget. Nutley officials unanimously passed a $49,874,000 budget at their April 25 special public hearing. The budget is a $612,000 increase over the previous year and officials said that the budget increase was minimal compared with other state municipalities. “This continues our efforts for cost containment going in a volatile economic environment,” Commissioner Thomas Evans said. He also noted that the budget was able to absorb the cost of the previous year’s extraordinary storms.  The largest costs were health insurance, other insurance, storm emergency spending and the reserve for uncollected taxes. Evans said …

Wednesday, February 27, 2013

Belleville Superintendent Optimistic About Sequestration's Impact

Districts across New Jersey await state aid figures this week with uncertainty.

The Belleville Schools face the deadline to submit the 2013-2014 budget to the county next week with uncertainty as to whether $85 billion in federal "sequestration" spending cuts will be stopped by Congress before Friday.  The release of the state aid figures triggers a sequence of events related to the budget process. The budget is due to the county for review next week. New Jersey could lose nearly $12 million in funding for primary and secondary education if Congress fails to halt the “sequestration” by Friday, according to figures released by the White House.  Mrs. Helene A. Feldman, Interim Superintendent of Belleville Schools, said that sequestration cuts would impact the district. "The biggest impact for us would be on the no child…

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