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Fair Haven Property Tax and School Funding Forum Agenda
February 20, 2007 7:30-9:00
7:30 Welcome – Lee Clay President, Fair Haven Board of Education
Introduction – William Presutti, Fair Haven Superintendent of Schools
7:45 Overview of Current Legislative Issues – Lynn Strickland, Executive Director,
8:00 Panelist Responses – Senator Karcher, Assemblyman Panter, Assemblywoman Beck, Assemblyman Kean, Mayor Halfacre
8:30 Question and Answer – Moderated by Sarah Maris, President, Fair Haven PTA
Are you
a Taxpayer?
a Parent?
Both?
The
dramatically impact funding our schools and change school governance
throughout the state.
You need to know how this new legislation will impact:
Your property taxes
The FH Schools Budget
The quality of education in Fair Haven Schools
The Fair Haven Board of Education and the Fair Haven PTA present:
Fair Haven Property Tax and
School Funding Forum
Tuesday, February 20th 7:30-9:00 pm
Viola L.
S
peakers will include:
District 12 Legislators
(Fair Haven, Little Silver, Red Bank and other towns)
:
State Senator Ellen Karcher
Assemblywoman Jennifer Beck
Assemblyman Michael Panter
District 11 Assemblyman Sean Kean
(Rumson, Sea Bright, Eatontown and other towns)
Fair Haven Superintendent of Schools William Presutti
The purpose of this forum is to provide an opportunity for parents, taxpayers and lawmakers
to share information and insight into the complex issues facing Fair Haven and communities
throughout
Fair Haven Schools
The mission of the
community that values education, is to provide students with a broad
academic foundation, to nurture their talents and abilities, and to
inspire them to become life long learners.
Fair Haven PTA Mission Statement:
It is the mission of the Fair Haven PTA to promote the welfare,
safety, and educational development of our children in the
home, school and community through the cooperative efforts of
parents and teachers
Did you know?
Fair Haven Schools are among the most efficient in the state. Our per pupil
cost of $8,834 is the fourth lowest in
Fair Haven Taxpayers pay 91% of all school costs. The
69%
60% of Fair Haven property taxes go directly to our schools – 45% to Fair Haven
Schools and 15% to
What’s in the new legislation?
County-wide “super” superintendents appointed to oversee local school
spending and to promote regionalization of our schools.
Hard tax levy caps that will restrict school programs but won’t curtail property
taxes very much since
school funding formula that addresses school aid distribution.
60% super majority vote required to approve “second questions” (separate
budget proposals or a proposal to exceed the 4% budget cap)
Income based property tax credit (or rebate check) of an average of $1,051
based on both the income of the tax-payer and the amount of the assessed
tax
More information coming from
ironed out.
What’s NOT in the new legislation?
A new, fair and stable funding formula. The current formula has not been used
in 5 years. Instead, funding of schools in many districts (including Fair Haven)
has been frozen, despite significant cost increases in the intervening years.
Due to the political challenges involved in addressing inequities across the
state a new funding formula is unlikely to be proposed until after the New
Jersey Assembly election this fall.
How could Fair Haven be affected?
Come hear from our legislators in
Superintendent Bill Presutti and learn how the new legislation will affect our
schools.
