Holmdel Board of Education Approves 2017-2018 Budget


HOLMDEL, NJ - In a unanimous vote, the Holmdel Board of Education approved the school budget for 2017-2018. The approved budget includes a local tax levy of $55,724,370. The tax increase to local homeowners depends on the assessment of the home. For the average assessed value of $658,436.00, the increase will be $161.28 for the year. The Board of Education recently concluded negotiations with the Holmdel Teachers Education Association. The contract provides increases each year which will be included in this budget ad future budgets. According to the Holmdel Township School District Press Release, the tax increase of 1.89% will include several new initiatives, including:

  • 10 New Holmdel High School Courses, including one offered in partnership with Rutgers University
  • A new coding course for all 6th grade students
  • A new Career Concentration/Pathways Program in Holmdel High School
  • A district math coach to support teacher's efforts in differentiation of instruction
  • Additional coaching positions for middle and high school sports
  • Enhancements to the district's Technology infrastructure and evolving 1:1 Initiative

The Holmdel Board of Education is currently seeking approval for a $40,318,000 referendum at the county level and, when approved, is planning to hold a town wide referendum vote in September. The impact of the referendum from a financial and policy perspective will be covered in future articles. For more information you can check out  

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