Wednesday, March 20, 2019

GIVE OUR STUDENTS BACK THEIR MONEY

Last week, we reported on our Facebook page that Governor Murphy generously awarded the students of Lindenwold School District an additional $2.4 Million in state aid funding. Monday night however, the Lindenwold School Board voted (not unanimous) to take $120,000 of the students' money in the form of tax relief back to residents. What this boils down to is that the school board is stealing approximately $42 from each and every Lindenwold student in order to save each taxpayer approximately $24. Does this make sense?

It would be one thing if our school district was fully funded, but even with the $2.4 Million increase from Governor Murphy, our district still remains more than $12 Million in the whole. If, on the other hand, the school board kept our taxes flat and utilized that $120,000 to create distinguishable district programming, our potential property value increase could far offset the $24 shortsighted savings. Our taxes are already some of the lowest in Camden County. 

In a decade's long, severely under-funded, disadvantaged school district, our students deserve all the opportunity they can get. Give the students back their money! Feel free to share your thoughts with school board president, Cathy Moncrief. Her email address is cmoncrief@lindenwold.k12.nj.us  P.S. Thank you to the school board members who voted on the students' side of this issue!

2 comments:

  1. James SchwarzwalderApril 6, 2019 at 9:21 PM

    According to the most recent Rutgers District Data Book of the eleven towns including Lindenwold, ten surround Lindenwold. These are Berlin Borough, Berlin Township, Clementon, Gibbsboro, Gloucester Township, Laurel Springs, Pine Hill, Somerdale, Stratford and Voorhees. Of the eleven towns, Lindenwold has the second highest tax rate and the lowest, by far, average residential property value. To say Lindenwold has some of the lowest property taxes in Camden County is simply not true. What is true is that of the eleven towns Lindenwold residential property values are far and away the lowest. About $95,000 for the Year 2017.

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    1. Thank you for your comment. The focus of our post is to say that we believe taking $42 from every Lindenwold student to give each tax payer $24 is short-sighted - especially in light of forthcoming Homestead Rebates ($200+) and the fact that Lindenwold students are already in the hole by millions, year after year. That being said, what IS high is our Equalized Tax Rate - which is our tax rate based on property values. The state average for 2018 was 2.287 percent. Lindenwold is more than double that at 4.849 percent, and ranks 10th in a list of the 30 towns with the highest property tax rate (see link below). But at $4715, we do however, have the lowest average property tax bill compared to the other Camden County towns included in the list (many of which you identified). And as you pointed out though, sadly, our property values are also some of the lowest. Better schools, reduced crime and improved infrastructure would help boost property values. https://bit.ly/2CZvUHi

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