Dear Collingswood Community,
As we continue to plan for the upcoming school year, we wanted to share key budget updates presented during our Special Board of Education Meeting this week.
During the Special Meeting, we provided a brief presentation highlighting the budget challenges in addition to outlining the NJ Department of Education’s interpretation of a thorough and efficient education versus the Collingswood school community's expectation of a thorough and efficient education. (Presentation)
Despite the efforts of the district to implement cost-saving measures, reduce overall expenses, and secure additional grant funds, the increasing costs to educate students far exceed the revenues available to the school district. Without additional revenues, the school district will be forced to make tough choices to balance its budget for the 2025-2026 school year.
To address the longstanding structural budget deficit, the Collingswood Board of Education voted unanimously to approve a formal resolution requesting partnership and financial assistance from the Borough of Collingswood. (Resolution)
The Board of Education is encouraged by the Mayor and Commissioners' willingness to figure out what partnership looks like and is committed to working collaboratively towards solutions to ensure that all Collingswood students receive a high-quality education.
Respectfully,
Fred McDowell, Ed.D.
Superintendent of Schools