The owner of an average assessed home in Livingston of $700,000 will see an increase of 1.12 percent, or $171, on their annual tax bill in the school district’s tentative budget for the 2022-23 academic year.
The tentative budget was adopted last Tuesday, March 22, for submission to the County, which has until April 20 to approve it.
Discussion on the budget will continue at the Board of Education meeting on Tuesday, April 5, which will be held virtually and in person.
Members of the public may also ask questions and share their thoughts at a virtual public forum on the budget that will take place on Thursday, April 14, at 5 p.m.
The district will hold a public hearing on the budget at the Board of Education meeting on April 26. That is the last time that changes may be made to the budget.
The Tax Levy and the Cap
The actual tax levy, inclusive of debt service, is $120 million, $1.3 million more than in 2021-22.