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HomeMy Public PortalAboutr 99:168 e olofio 99-168 Date of Adoption~lAY-147~-J''q~ DETERMINING THE AMOUNT TO BE RAISED BY TAXATION FOR SCHOOL PURPOSES FOR THE 1999-2000 SCHOOL YEAR WHEREAS, the district tax levy for the General Fund portion of the 1999/2000 budget of the Board of Education of the Borough of Carteret in the amount of $16,891,773 was defeated by the voters of the Borough of Carteret at the annual school election held on April 20, 1999; and WHEREAS, pursuant to NJ.SA 18A:22-37, the Municipal Council did receive the proposed school budget and has consulted with the local Board of Education on May 10, 1999 to discuss the proposed 1999/2000 school budget; and WltEREAS, the Municipal Council did review said 1999/2000 budget with the recommendations and justifications for the reduction in the amount of $1,131,726 in the General Fund budget tax levy for 1999/2000 as detailed on Appendix "A". NOW, THEREFORE, BE IT RESOLVED that the Municipal Council of the Borough of Carteret does hereby certify to the Middlesex County Board of Taxation, that the amount necessary to be levied for the General Fund budget to provide a thorough and efficient education for the Borough of Carteret School District for the school year 1999/2000 is $15,760,047. BE IT FURTHER RESOLVED that the amount to be levied for debt service certified to the Middlesex County Board of Taxation shall be $492,339 for the school year 1999/2000. BE IT FURTHER RESOLVED that a certified copy of this resolution shall be forwarded forthwith to the Middlesex County Board of Taxation, the Middlesex County Superintendent of Schools, the Carteret Board of Education and the Tax Assessor of the Borough of Carteret. Adopted this 17th day of May, 1999 and certified as a true copy of the original on.May 18, 1999. KATHLEEN M. BARNEY, Municipal Clerk SUSAN E. JACKL1N, Assistant Municipal Clerk COUNCILMAN CRILLE¥ FAZEKAS X - Indicate Vote RECORD OF COUNCIL VOTE ~ COUNCILMAN YES NO NV A.B.~ MANCUSO X O'BRIEN X QUINONES X ' - Not Voting XOR - Indicates Vote to Overrule Veto _ Sj AB - Absent Adopted at a meeting of thc Municipal Council MAY 17, 19_99 Asst.