Hoboken Education Association

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pdq May 13, 2014 at 12:22 pm
For arguments sake, let's use your numbers and say there is about a 35% increase in cost to Hola'sRead More budget. The district is in a hole to start as the costs went from$0 to $3,000,000 a year from 2010 -2014, with the state only kicking in 95,000 a year (according to Hola's budget). That state is demanding that that cost continue to be increased year after year until 2018. In layman's terms, due to the 2% cap You start off not being to able afford what you have now but should agree to increasing those costs for the next 4 years? *** The state has capped the increases for the entire city public school population at 2%. This increase is to cover ALL cost increases to EVERY district for any reason-2400 students. This year, you claim, an increase of 400,000 for Hola, but the state says the district must pay and increase $775,000 for all charter school enrollment increases (which is above the 2% cap). That increase covers 52 students (41 of which are Hola students). cap gone. what about the other 2,348 student costs? what do we do about any increase in those student costs? Can't raise the levy higher than the state limits. Hola's expansion does not exist in a vacuum, it is part of a complicated funding structure where one district greatly impacts other districts. That is not logical or sustainable. The charter funding laws have to be changed. For perspective, of ratio caps and allowances: if Hola were not part of the districts funding, it too would be capped at 2%. Hola would only be able to raise it's levy by $60,000 not $400,000 (your number for Hola increase). The $340,000 additional is pulling cap from all of the other students cap allowances.
Joe May 13, 2014 at 12:35 pm
I'm bored with you now.
PeoplePlease May 13, 2014 at 06:44 pm
Taxes in Hoboken are too low.
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