Board of Education introduces 2021-22 budget


POINT PLEASANT BEACH — The Point Pleasant Beach Board of Education adopted its tentative budget for the 2021-2022 school year, which proposes a 3.78 percent tax increase over the current budget. 

The county will now review the budget. The board will hold a public hearing during its meeting April 27 for the adoption of the finalized budget. 

According to business administrator and Board Secretary Brian Savage, the general operating budget introduced March 16 is $16,967,164. 


The introduced budget calls for $13,577,639 to be raised through a general fund tax levy for Point Pleasant Beach and $101,490 for Mantoloking.

According to Mr. Savage, next year’s school tax rate is $.6884 per $100 of assessed valuation.  

Ratables for 2021 are $2,031,024,700, an increase of $13,694,900 from the 2020 ratable total of $2,017,329,800.

How much taxpayers will pay out of pocket will be presented during the public hearing April 27, following county approval of the tentative budget, Mr. Savage said. 

The budget has a debt service total of $607,523, with the debt service levy at $403,480. The proposed budget also adds a special revenue fund in the amount of $698,202. 

The district accepted $450,930 of Special Education State Aid, $74,652 in Security Aid and $71,924 in Transportation Aid.

Overall, the district saw a small loss in state aid from the 2020 school year. 

“We lost $3,789,” said Mr. Savage. “This had a very minor impact on the budget.”

Mr. Savage said the board is confident in the proposed budget for the upcoming school year. 

“This is a tentative budget, so it’s just a budget we’re submitting for county approval,” said Mr. Savage. 


Four individuals recently tested positive for COVID-19, according to a press release posted on the district’s website on March 22.

According to Superintendent William Smith, these new cases are tied to household spread.

Since the start of March, the district has seen six positive cases of the virus, bringing the total number since the onset of the pandemic to 43.

“As always, we appreciate our community’s support and cooperation,” said Mr. Smith. “You can assist us by remaining vigilant throughout the school year. Please note that the district is still observing recommended travel and quarantine guidance.”

The district is coordinating closely with public health officials and will follow CDC, state and local health department guidance in order to ensure the health and safety of the community, the release states.

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