The Krasny Bereg District Education Council of the regional high school has approved a budget of $ 34.1 million, which will fund the work of the Krasnoberezhny district secondary school in the 2022-23 school year.
Residents of Red Bank, Little Silver and Shrewsbury Bora attend a high school located in Little Silver. The high school enrolls students from other municipalities on a fee basis.
The budget for the next school year, which was adopted by the council on April 27, will be backed by a $ 26.8 million tax levy to be paid by homeowners in commercial and commercial real estate in Red Bank, Little Silver and Shrewsbury.
Of the total tax collection of $ 26.8 million, Red Bank property owners will pay $ 12.9 million, Little Silver property owners will pay $ 7.62 million, and Shrewsbury property owners will pay $ 6.32 million, according to the budget document.
In 2021-22 The regional tax rate for high schools in the Red Bank was about 48.6 cents per $ 100 appraisal. The homeowner, who is valued at an average of $ 406,067 in the district, paid about $ 1,973 in regional high school district taxes.
It is projected that by 2022-2023, the regional tax rate for high school districts in Krasny Berez will be about 46.2 cents per $ 100 appraisal estimate. The homeowner, who is valued at an average of $ 470,195 in the new district, will pay about $ 2,172 in regional high school taxes.
In 2021-22 The tax rate for regional high schools in Little Silver was about 40.7 cents per $ 100 estimated appraisal. The homeowner, who is valued at an average of $ 759,588 in the district, paid about $ 3,091 in regional high school district taxes.
For 2022-2023, the regional tax rate for Little Silver High School is projected to be about 37.8 cents per $ 100 estimated. The homeowner, who is valued at an average of $ 705,887 in the new district, will pay about $ 2,668 in taxes at regional high schools.
In 2021-22 The tax rate for regional high schools in Shrewsbury was about 49 cents per $ 100 estimated. The homeowner, who is valued at an average of $ 580,785 in the district, paid about $ 2,845 in regional taxes at the high school.
It is projected that by 2022-2023, the regional tax rate for high school counties in the Shrewsbury area will be about 44 cents per $ 100 estimated. The homeowner, who is valued at an average of $ 642,143 in the new district, will pay about $ 2,825 in regional high school district taxes.
Taxes at Red Bank Regional High School are one of the items of a property owner’s tax account that also includes municipal taxes, taxes on K-8 schools, and Monmouth County taxes.
Reducing the tax rate on regional high schools – as in all three sending municipalities for 2022-2023 – does not necessarily mean that an individual will pay less taxes to the district of the Red High School Regional High School over the next year. The amount of taxes payable depends on the tax rate and the appraised value of the property of the individual.
The school district’s budget for 2021-22 was $ 33.9 million and was supported by $ 26.8 million in tax levies.
From 2021-22 to 2022-2023, total appropriations increased by $ 200,000, while the tax collection remained the same.
In the 2021-22 academic year, the Regional Red Bank received $ 1.41 million in state aid. In 2022-23, Red Bank Regional will receive $ 1.59 million in state aid, an increase of $ 174,795, according to figures provided by the New Jersey Department of Education.
State aid to the school district has been increasing every year since the adoption in 2018 of state legislation known as the S-2.
On October 15, 2020, the Red Beach Regional High School had 1,297 students; October 15, 2021 training 1,297 students; and on October 15, 2022, enrollment of 1,327 students is projected, according to a user-friendly budget posted on the school district’s website.
