PLAINFIELD, NJ - The Plainfield Board of Education will hold a special budget meeting that is open to the public this Thursday, March 15 at 8 p.m.
Business Administrator Gary Ottmann had given a presentation at the March 6 meeting detailing the state of the district's finances, and the challenges it faces. He had said, "As you can see, in two years, the growth in our charter school payments of over $6.6 million, +41% in two years, you can see further out when we're talking about this year's budget that we're looking at a substantial increase for next year as well."
He added that while charter school payments went up $6.6 million, the state aid, upon which the district is so dependent, only went up two percent in that same period, or $2.5 million.
This Thursday the public will learn how much state aid the district will receive, and the amount of money that will be needed for charter schools. The latter is dictated by the state.
A preliminary budget adoption will take place on March 20, and the final budget adoption date is set for May 8.
Thursday's meeting will take place in the conference room at the high school, located at 950 Park Avenue.