April 17th
There will be Board of Education elections in Marlboro and Neptune Township tomorrow, April 17th. The rest of Monmouth County school board elections have been moved to the November general election.
Also, April 17th is the last day to register to vote for the municipal non-partisan elections that will take place in Allenhurst, Deal and Keansburg on May 8th.
Remember, if the Board Elections are moved to November, you lose the right to vote on the budget UNLESS the increase exceeds 2.0%
So, the Board of Education can slide a 1.99% increase past you for ever and ever. So, for each $10 million of a budget, that’s at least $190,000 increase COMPOUNDED each year. In about 10 years, that budget unchecked is going to DOUBLE.
So, whatever “faux savings” of some $25,000 saved to move the election to November, YOU LOSE.
The best thing to do?
SHOW THE MUNICIPALITIES THAT YOU CARE ABOUT YOUR RIGHT TO VOTE ON THE BUDGET, GET OUT AND VOTE TOMORROW AS IF YOUR TAXES DEPEND ON IT…
Oh yeah, your taxes DO depend on you voting on the budget.
With a yearly increase of 2%, the budget would increase by approx 22% over 10 years. I would take in the ballpark of 35 years to double at that rate.
EARLY MORNING MATH WAS NOT MY STRONG SUIT…sorry.
But, $10,000,000 increasing by 1.99% over 10 years DOES equal $12,177,998 per this handy dandy on line calculator
http://www.moneychimp.com/calculator/compound_interest_calculator.htm
And in my book, the unchecked potential of an AN INCREASE OF $2,177, 998 over 10 years FAR outweighs the cost of a $25,000 election x 10 years which is $250,000.
So, the NET potential savings of $2,152,800 is SURELY worth having voters holding sway over a budget by them keeping the right to vote on it.
Now, MOST school budgets are well in excess of $10,0000 and most school board elections DON’T exceed $25,000 by a heck of a lot.
SO, IF YOU HAVE A $20 MILLION BUDGET; OR AN $85 MILLION BUDGET AS IN NEPTUNE…
The numbers increase the reasons for voters being able to have a say on the budget.
Which sounds better to you Bob, spending $250,000 on elections to protect against a potential $18,000,000 increase over ten years, or saving $250,000 on elections?
You are making an assumption that the district that votes will never have a tax levy be increased. How has that worked in the past? The Department of Ed in Trenton, not the Township, is the ultimate decider if a school budget is adequate for a thorough and efficient education.
it’s also income tax-filing deadline.
Barry,
Because of voter backlash in Neptune, we now have two years in a row of FLAT, NO TAX INCREASE budgets and the final mortgages being paid off; with fiscally conservative board members in place.
In Neptune, if it were moved to November, that process would be reversed because we know the Democrats are itching to get their hands on what is supposed to be a non political board. NO way fiscally conservative people would get elected in November here.
Voter Pressure, Voter Pressure…
WHY GIVE THAT RIGHT UP?
sadly though marlboro board of education has never been political mayor hornik turned the election political by endorsing bonnie sue and ignoring a sitting boe member who is up for election. this looks like pay back for her supporting him in last election and feeding him republican inside information
shame on them. boe should not be political
mayor hornik refused to involve himself in contract negotations and would not support moving elections to november “because didn’t want it political” and now he has endorsed a candidate and canvassed for and attended the boe in support of her
shame on them for turning this political.
Hornik even hosted event for Rosenwald at the Fireside to support her candidacy and spent $6,000 on a mailing for her. Whats in it for them.
God help them in marlboro – they raised taxes despite increase in state aid and school aid and now mayor endorsing boe candidates.
Bad guys keep winning
99% of voters never bother to attend a budget presentation to see for themselves if their district was offering a responsible budget or not and to ask any questions they might have.
You can also go to your districts website which would show next years (12-13) proposed budget.
Note that in spite of what you might hear from Trenton, many subrban districts are still not close to having their state aid restored to the 09-10 level and none have had their surpluses returned that the state basically stole from local property tax payers in early 2010 so that it could plug up the holes in its budget.