2022-2023 School Budget Highlights

On April 26, 2022 the Board of Education approved the final budget for the 2022-2023 school year.  The new budget reflects the following district goals:

  • Present a fiscally responsible budget at or below the 2% state-imposed cap on the tax levy aligned to the district mission and vision;
  • Prepare for enrollment increases from new housing developments;
  • Balance class size guidelines with scheduling efficiencies;
  • Enrich students’ academic experiences;
  • Implementation of the district’s Strategic Plan, which includes goals related to inquisitive learning, partnerships, and social awareness.

Staff and program highlights in the 2022-2023 budget include:

  • All educational programs and class sizes are maintained in accordance with district policies;
  • A continuation of 1:1 chromebook/tablet initiative for students in K through 8th grade;
  • Savings through shared services and cooperative purchasing agreements with Tewksbury, Branchburg, Hunterdon County E.S.C., and the Township of Readington;
  • Additional two grade-level teachers at Whitehouse School due to increased enrollment from new housing developments;
  • Additional part-time physical education teacher and expansion of part-time music teacher to full-time;
  • Additional full-time nurse position offset by reduction in vendor cost;
  • Reallocation of staff to create a new preschool teacher position and preschool disabilities program section;
  • Enriched student curriculum materials, resources and programs, including for environmental sustainability;
  • Student intervention services for learning acceleration due to the COVID-19 pandemic, funded by federal grant programs;
  • Additional mental health services, equity and inquiry learning consulting, funded by federal grant programs;
  • Continued development of strategic plan work.

Further, the district plans for the following capital projects having no impact on next year’s tax levy:

  • Replacement of final roofing at Holland Brook School;
  • Curriculum office renovation and in-kind replacement of the cupola at Three Bridges School;
  • Outdoor classroom enhancements at all four school buildings;
  • Stage sound system replacement at Holland Brook School and Board meeting room audio and video upgrades to facilitate increased virtual public participation;
  • Replacement and installation of information technology equipment to better support the student learning environment;
  • Enhancement of safety, health and wellness through multiple maintenance projects;

Readington Township School District’s total budget will be $38.7 million. This year, the district budgeted to receive $2.1 million in state revenue, and approximately $3.1 million from other sources such as tuition, interest, and grants which will reduce the impact to taxpayers. The remaining portion of our budget is funded locally and, as demonstrated in the chart below, represents a 2.234% increase in the school tax levy.

 

SCHOOL TAX LEVY HISTORY

Budget Year

Total Taxes

Difference $

Difference %

2013-14

$28,764,420

-$16,519

-0.057%

2014-15

$28,680,635

-$83,785

-0.291%

2015-16

$28,680,635

$0

0.000%

2016-17

$29,016,549

+$335,914

1.171%

2017-18

$29,557,217

+$540,668

1.863%

2018-19

$30,861,306

+$1,304,089

4.441%

2019-20

$31,567,322

+$706,016

2.288%

2020-21

$32,279,284

+ $711,962

2.255%

2021-22

$32,747,284

+ $468,345

1.451%

2022-23

$33,479,090

+ $731,461

2.234%*

* Actual tax levy increase under the district’s control is 1.9%, with the additional 0.334% due to debt service as a result of the district providing $134,134 in taxpayer relief in the 2021-22 school year.

The 2022-2023 budget maintains the high-quality programming that students and families in Readington Township have come to expect. We are fortunate to provide our students with rich opportunities that prepare them for a strong high school experience. 

If you would like to learn more about the approved budget and the wonderful activities occurring in our school district, please visit us at www.readington.k12.nj.us or call us at 908-534-2195.