Guest Column

Guest Column: The 2012-13 Holmdel School Budget

Mike Sockol, a member of the Holmdel Board of Education Budget and Finance Committee, talks about the 2012-2013 school budget.

Over the last decade, I’ve had many conversations with friends, neighbors, and residents about Holmdel’s schools, and inevitably two questions surface. What can we do to keep taxes manageable?  And probably even more important, what can we do to make sure we spend our money wisely? Our mission as a school district is to provide our children a through and efficient education.  We have to continually balance our desire to provide one of the best public educational experiences in the country, while keeping costs at a level this community can afford.  You can’t achieve both goals by accident—it takes careful planning, fiscal prudence, and some tough choices. Or as a noted former student at the London School of Economics named Mick Jagger once …

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Mike Sockol

4:38 pm on Tuesday, May 1, 2012

Rick, here is a link to a column I wrote last year regarding how we are playing for maintenance and repair projects within the school district, which should help answer your question. If you send me your email address, I can get a more complete list for you. http://holmdel.patch.com/articles/managing-maintenance-in-the-school-district   more ›

Board of Education Votes on $52M Budget Tonight

Taxes for the average homeowner will rise by $92 under this spending plan.

The Holmdel Board of Education will take a vote on whether to adopt a $51,926,347 million spending plan at its meeting Wednesday night. The nine elected board members will hear public comment before voting. The meeting will be held at the William R. Satz school library at 8 p.m. If adopted by board vote on March 28, the owner of a home assessed at the township's average rate of $617,061 would pay $8,175.44 in school taxes, up $91.94 from 2012. The increase in the tax levy is 1.25%, below the 2% cap mandated by the Gov. Chris Christie. To read more about the proposed budget, see the March 15 story on Holmdel Patch.

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Tonight: BOE Presents School Budget for 2012-2013

The public meeting begins at 8 p.m. at the Satz School library.

On Wednesday night, the Holmdel Board of Education will present its proposed budget for 2012-13. The not-to-exceed tentative budget approved on February 29 was $56,478,982, and included a tax levy of $47,888,077, a below cap 1.5% levy increase. The budget to be presented tomorrow is anticipated to be lower, according to BOE President Barbara Garrity.  Budget information will be posted on the district website, at www.holmdel.k12.nj.us. on Thursday.  The Board will take public comments at tomorrow night’s meeting, by email over the next two weeks and at the official budget hearing on March 28.  The final budget will be adopted on March 28.   The March 14 meeting will begin at 8 PM in the W. R. Satz School library.  The budget presentation …

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