Sequestration Could Mean School Tax Hike For Scotch Plains, Fanwood
Although the Board of Education is spending hundreds of thousands of dollars less in the proposed 2013-14 budget, federal sequestration could cause a rise in costs for taxpayers.
The Scotch Plains-Fanwood Board of Education has presented a preliminary budget at the past two board meetings, which included anticipated revenue and expenditures that could mean a 1.7 percent increase for Scotch Plains residents and a 2.11 percent increase for Fanwood residents, however this is reliant on whether or not state funding is cut due to sequestration. School Board President Trip Whitehouse made it clear that although percentages could go up on average, the board is spending less money overall, it is just a matter of state funding, which the board will get the final numbers of on Feb. 28. Business Administrator Deborah Saridaki said it was recommended that due to the potential federal sequestration that the board only budget …
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ralphwiggummm
11:40 pm on Friday, March 1, 2013
when I look in my wallet and find less money there than expected I spend less. What is the lesson here BOA? more ›