- Associated Press - Tuesday, May 12, 2015

ATLANTIC CITY, N.J. (AP) - Atlantic City’s school board has turned down a proposed budget that includes 226 layoffs.

The state Education Department monitor says he’ll discuss Monday’s vote with state officials on Tuesday.

The Press of Atlantic City (https://bit.ly/1PD6Z98 ) reports monitor Gary McCartney told the board the district is in a very precarious financial position after the city’s ratable base dropped from $20 billion to $7.35 billion.

The proposed $147 million budget is almost $20 million less than the current budget. The amount paid by property taxpayers will drop from $118 million to almost $82 million.

School board member Ed Cooper says such large reductions will hurt the children’s education.



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Information from: The Press of Atlantic City (N.J.), https://www.pressofatlanticcity.com

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