EDISON – The school board re-adopted a $202 million school budget which reflected nearly $1 million in cuts made by the state education commissioner.
The board voted 7-2 in favor of the new budget on Monday. Board members William Van Pelt and Gene Maeroff cast the dissenting votes.
The cuts, which do not affect programs or jobs, will save the average taxpayer $12. The owner of a home assessed at the township average of $175,800 will see his or her taxes increase by $164.
The board will save $200,000 from five retirements that were not calculated in the original budget figure. Another $335,104 came from funds the district didn’t use for capital projects. Edison will use about $400,000 in federal stimulus money to make up the difference, but will face potential cuts in programs or personnel in the 2011-12 budget when that money runs out.
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