POINT PLEASANT — The Point Pleasant Board of Education approved the 2023-2024 school budget at its April 24 board of education meeting – announcing a $21 annual school tax increase for residents living in a home valued at the borough’s average assessment of $398,000.
The total general fund budget for the 2023-2024 school year will be $49,201,707, a $1,650,046 increase from last year.
According to the budget presentation video presented at the meeting, these tax funds will go into the general fund tax levy valued at $40,181,957 and the debt service tax levy valued at $743,169.
The general fund will be used not only to continue to develop new and existing programs in all Point Pleasant schools, but will also be used for various building and transportation improvements throughout the district. Some of these improvements are to install an elevator within Nellie F. Bennett Elementary School, HVAC updates to the classrooms in Memorial Middle School and the purchase of a passenger bus to seat 54 students.
“Over the course of this last school year, our administrative team has worked to secure grants for large scale capital improvements, has strategically managed resources and navigated uncertainty and competing priorities,” said district Superintendent Adam Angelozzi.
Despite receiving decreased aid from the state, in addition to facing increased energy, transportation and health care costs, “Point Pleasant schools will continue to support students in safe and nurturing classroom environments,” and continues to be dedicated to students, said Mr. Angelozzi.
A user-friendly budget is available for residents on the district’s website at pointpleasant.k12.nj.us.
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