MOORESTOWN, NJ — The Moorestown Public School District Board of Education will hold a special meeting to adjust the district’s budget due to reductions in state aid next week.
The meeting will be held via Zoom at 8 a.m. on Aug. 12, the district announced on its website. The board may go into executive session, and action will be taken.
In the spring, the Moorestown Board of Education approved a $75,656,895 budget that included a 2.39 percent tax rate increase.
The budget included layoffs of 16 staff members and introduced fees for students to play sports and park their cars.
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State aid had been increased by $351,641, but the district projected a loss of $300,000 in revenues as a result of the coronavirus pandemic. Read more here: Moorestown Schools Expect $300K Loss Due To Coronavirus
Later in the spring, a report by the Senator Walter Rand Institute for Public Affairs at Rutgers University–Camden said the district may have to raise taxes if the state reduces state aid by 10 percent due to the pandemic. Read more here: Moorestown Schools May Raise Taxes If State Aid Falters: Study
Information on how the public can access the Zoom meeting can be found below:
Click the link below to join the webinar:
iPhone one-tap :US: +13017158592,,93004566813#,,,,,,0#,,300273# or +13126266799,,93004566813#,,,,,,0#,,300273#
Dial(for higher quality, dial a number based on your current location):
US: +1 301 715 8592 or +1 312 626 6799 or +1 929 205 6099 or +1 253 215 8782 or +1 346 248 7799 or +1 669 900 6833
Webinar ID: 930 0456 6813Passcode: 300273International numbers available: https://zoom.us/u/ablgC1sRis