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Board adopts $143 million budget with a 7% school-tax increase

Financial
Editorial graphic for Board adopts $143 million budget with a 7%…
Editorial caption by Our School Board; base: John Muirhead · public-domain

What happened

The board adopted its $142.96 million 2026–27 budget, with six votes in favor, one opposed and one abstention. The presentation said the school-tax levy would rise 7%, adding about $150 a year for a home assessed at the township’s $189,000 average.

Why it matters to families

The adopted budget sets districtwide spending and raises the local tax levy while addressing a shortfall the business administrator described as roughly $10 million, including a $4.6 million employee-health-benefit increase.

The evidence

In the April 27 budget presentation, the business administrator gave the total budget as $142,959,078 and described the 7% levy increase and estimated $150 annual impact for a $189,000 home ([00:07:20–00:07:28], [00:10:13–00:10:52]). The administrator described starting roughly $10 million in the hole, including $4.6 million in health-benefit increases ([00:03:14–00:04:22]). The budget adoption roll call recorded six yes votes, one no and one abstention ([00:52:08–00:53:19]).

The source

Board meeting recording — Gloucester Township BOE budget meeting 4-27-26

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