Board of Ed. Finalizes Budget
The Livingston Board of Education unanimously approved the proposed budget for the 2024-25 school year at its April 30 meeting. The budget included a total tax increase of 5.75 percent, or $6,728,883. This total increase comes from a two percent base tax increase, 0.72 percent in enrollment adjustments, and 3.04 percent of banked capital. This does not exceed the state imposed tax cap. Thomas Lambe, the Board’s business administrator, saidthatthiswould be a tax increase of $558 for the average township home priced at $721,238.
05/02/2024 12:00 AM