MULLICA TOWNSHIP — Mullica Township School District Business Administrator Karen Gfroehrer will give a presentation on the 2014 school budget tonight at 7 in the library of the Mullica Township Schools.
The budget hearing will be 7 p.m. May 6, said Gfroehrer, who is also secretary to the Board of Education.
The proposed $10.1 million budget, up from $9.9 million last year, would raise about $3.5 million in a tax levy, up from $3.36 million last year. When $342,214 in debt service is included, the tax levy goes up to about $3.6 million, Gfroehrer said. The tax rate will not change.
Last year’s total tax levy was also about $3.6 million, since it included almost $600,000 in debt service, she said. So the school tax rate will remain flat at about $1.248 per $100 of a home’s assessed value, for a school tax bill of $1,448 on the average home valued at $116,000.
The district expects an enrollment of 681 students, up from 632 last year, and to receive about $400,000 in tuition funds. Spending per pupil is predicted to fall to $13,603 from $13,620, according to the proposed budget.
The pre-kindergarten to eighth-grade district received $5.35 million in state aid last year, and anticipates receiving about $5.37 million this year.
Gfroehrer said the general fund budget is increasing in part due to an asbestos abatement project and increases in the cost of employee benefits.
On April 8, the Township Committee adopted a $5.5 million 2014 municipal budget that raises the local tax rate by 3.5 cents to just less than $1.17 per $100 of assessed value, meaning the owner of the average home valued at about $116,000 would pay $1,356 in local-purpose taxes, up about $41 from last year.
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