- Annin Pulls Loft PlanPosted 6 days ago
- Bloomfield Avenue Developer Loses AgainPosted 3 weeks ago
- Police Complaint: No Solution YetPosted 1 month ago
- Police Complaint: Busted Tech, Town Manager IntimidationPosted 1 month ago
- Tevlin Family Statement On Murder ArrestsPosted 1 month ago
- Arrests Made In Murder Of Veronans’ NephewPosted 1 month ago
- Subway Robber Gets 18+ YearsPosted 2 months ago
- Victim Of Fatal Fire IdentifiedPosted 2 months ago
- Fatal Fire On Essex Fells-Verona BorderPosted 2 months ago
- Bonds, Clerk, Police IT Issues Roil Council MeetingPosted 2 months ago
BOE Budget Meeting Tuesday
The meeting will start at 7 p.m., one hour earlier than regular BOE meetings.
Verona got a total of $843,727 in education aid from the state of New Jersey for the next school year. That’s an increase of $43,920 (a little over 5%), though the total is roughly half of what Verona should get under the state’s own education funding formula. Most of what the state sends us–$794,481–is earmarked for special education. Of every dollar that Verona sends to Trenton we now get back just three cents, down from seven cents before the recession.
The Board of Education will, however, be getting a so-called Regular Operating District (ROD) grant of $2,796,855 to defray some of the costs the we would have incurred under the referendum. That is paid out as the referendum work is completed.
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