HVRSD Budget Press Release | MercerMe

The Hopewell Valley Regional School District submitted a $95.2 million draft budget for the 2022-23 school year that was unanimously approved by the school board, paving the way for its review by the Superintendent of Schools. Mercer County Schools. A public hearing before the final budget is passed has been set for April 25 at 7:00 p.m. at the school district office at 425 South Main Street in Pennington.

The proposed budget, as presented at the March 21 school board meeting, calls for a 1.3% increase in total property taxes from $82.2 million to $83.3 million. Although the increase in the general fund tax is the full 2% allowed by law, when combined with a decrease in debt service (due to the expiration of part of the district debt), the overall impact on taxpayers is reduced.

The Council has included funds in the budget to address rising costs for energy, special education services, transportation, and employee salaries and benefits.

Additional funds have been budgeted to accommodate changes to state-mandated standards that will require revisions to the academic curriculum. Additionally, the district plans to implement a new math curriculum and purchase new textbooks in several subject areas.

The Council also allocated funds to address several facilities issues, including HVAC repairs, replacement of the grass pitch at CHS and tennis courts at TMS.

The district’s budget plan will maintain all current district programs, student services and facilities in what looks to be a challenging year ahead.

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