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HomeMy Public PortalAboutr 95:186No. 95-186 Dale of Adoptio, May 18, 1995 DETERMINING THE AMOUNT TO BE RAISED BY TAXATION FOR SCHOOL PURPOSES FOR THE 1995-1996 SCHOOl, YEAR WHEREAS, the local tax levy for the 1995-1996 budget of the Board of Education of the Borough of Carteret in the sum of $ ] 5, 84 l, 728 was submitted to and rejected by the voters of Carteret, and the Governing Body of said municipality after consultation with the Board of Education of the District, does hereby determine the amount which in its judgement is necessary to provide a thorough and efficient system of education in the local school district, and to the Middlesex County Board of Taxation the totals of the amount necessary pursuant tO NJ. SA. 18A:22-37; and WHEREAS, the Governing Body has determined that excess in the amounts stated exist in the following accounts: 11-140-100-101-100 Substitute Salaries $25,000 11-999-290-620.020 Telephone 5,000 11-999-260-270-022 Utilities 5,000 11-999-280-331-000 Legal&Contractual 10,000 I 1-999-260-420-200 Services Contract Service Equipment 5,000 and WHEREAS, reductions in said accounts totaling $50,000 will not impact on the Board of Education's ability to provide a thorough and efficient education NOW, THEREFORE, BE IT AND IT IS HEREBY RESOLVED by the Governing Body of the Borough of Carteret, in the County of Middlesex and the State of New Jersey, that the amount which it determines in its judgement necessary to be raised by taxation to provide a thorough and efficient system of schools in the Local School District is $15,791,728 for the 1995-1996 School Year. BE IT FURTHER RESOLVED that ther~ be raised, approved and collected for the School District of said Borough during the year 1995 the following items: January 1, 1995 to June 30, 1995 $ 7,598,885.50 July I, 1995 to December 31, 1995 _ 7.895.864.00 Total Amount to be raised by taxation $15,494,749.50 BE IT FURTHER RESOLVED that said aggregate sum of $15,494,749.50 be certified immediately by the Municipal Clerk to the Middlesex County Board of Taxation, the Board of Education of the School District of the Borough of Carteret, the County Superintendent of Schools, the Assessor and Tax Collector of theBorough. Adopted this 18th day of Hay, 1995 and certified as a true copy of the original on May 19, 1995. KAII-II,FEN M. BARNEY, Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN YES NO NV A,B. COUNCILMAN YES NO NV A.B. BIAI/~ARCZUK X SMYrnA X FEINGOLD X STIGLIC X O"BRIEN X Z~ X X - Indicate Vote AB - Absent N V - Not Voting XOR - Indicates Vote to Overrule Veto sj Adopted at a meeling of the Municipal Council May 18, 1995 ( ' ' CLERK ~_~