Three Woodbine School District employees will lose their jobs and the average homeowner would see a tax bill increase of almost $100 under the local Board of Education’s proposed 2013-14 budget.
Rising tuition and health insurance costs, contractual 2 percent increases in employee salaries and falling federal aid requires the district to increase the tax rate by 5 cents this year and raise the tax levy by 6 percent, acting Business Administrator Abromo Vellese said.
The new school tax rate would be 86.1 cents per $100 of assessed value if the budget remains unchanged. The rate does not include municipal, county and other property taxes.
Woodbine’s average residential property assessment is $122,400, but borough Tax Assessor John Miller said that includes assessments on 540 campground properties that skew the average lower. Excluding those properties, the average residential assessment is $198,300.
Using the latter average assessment, the average residential property owner would pay $1,707 annually to support the local school district under the proposed budget, up from $1,608 last year.
Vellese said the specific positions to be cut have not been approved and the employees have not yet been notified. He also said the district was told to budget for only 75 percent of the federal aid it received last year, a total reduction of nearly $166,000.
The tentative budget’s public hearing is scheduled at 6 p.m. on Tuesday, March 26, in the Woodbine Elementary School on 801 Webster Street.
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