BRADLEY BEACH — The Bradley Beach Board of Education adopted a 2023-24 school budget of $7,589,547 on Tuesday, May 2.
The budget’s total appropriations are down $318, year over year. However, the amount to be raised by taxes has gone up by about $130,000 to $6,706,612.
The total ratables of Bradley Beach rose roughly $343 million to $2,099,374,600. Based on this valuation, with an average residential assessment of $972,356, the school tax rate for the average taxpayer in the borough is decreasing by five-and-a-half cents to 31 cents per $100 of assessed value. Taken together, these factors provide an average of $15 in school tax relief for homeowners.
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The most costly appropriations include: almost $1.788 million high school and special education tuition; $1.2 million for employee benefits including healthcare and dental; $2.297 million for the general and special education program; and $582,000 for operating and maintenance expenses.
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