UPDATE: Shorebeat has learned the 2016-17 budget will not be adopted Thursday night. It will be presented to the public followed by a public comment period.
Brick residents will have the opportunity to sound off on the proposed 2016-17 school budget that raises spending by $3,069,056 and raises taxes by $2,298,604 – a lower increase than initially sought by district officials.
After the Board of Education voted down a proposed budget $7.1 million spending increase and $5.7 million tax hike, it met and adopted the revised spending plan, which sheds 10 positions and saves money by switching to full self-funded health insurance for employees.
Interim Superintendent Thomas Gialanella said last month that the specific positions under consideration to be cut consist of a combination of administrators, teachers and paraprofessionals.
Under full self-insurance, the district would select a third-party administrator to oversee coverage, but would directly pay the cost of individual medical claims. Such a switch would likely save about $3 million, Edwards said, reducing medical benefits costs from $24 million to $21 million.
The meeting begins at 7 p.m. at the Brick Township High School auditorium. A presentation on the final budget up for adoption is scheduled to take place, followed by a public hearing. The adoption vote will likely come Monday night, Shorebeat has learned.