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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>Voters OK school tab</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Fri, Apr 22 2005, 8:43 pm EDT<span class="gen"> </span> Post subject: Cranbury school budget passes 3-to-1.</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"><span style="font-weight: bold">Cranbury school budget passes 3-to-1.</span> <br /> <br /> Cranbury voters gave a big thumbs up to the district's $15.6 million school budget Tuesday. <br /> <br /> Voters overwhelmingly supported the plan, which includes a $12.4 million tax levy, by a 3-to-1 ratio, with 303 residents voting for and 76 against. <br /> <br /> Voters also re-elected three incumbents, Kenneth Griffin, Frank Ransegnola and Elizabeth Silverman, to three-year terms. <br /> <br /> Mr. Griffin received 380 votes, Ms. Silverman received 307 votes and Mr. Ransegnola received 303 votes. The three ran unopposed. <br /> The budget includes a 1.1-cent tax rate decrease from last year despite a 16 percent increase in overall spending. <br /> <br /> The increase in spending is largely offset by a 7.7 percent increase in taxable property in the township, which dropped the tax rate to $2.18 per $100 of assessed valuation for the 2005-2006 school year. Assessments increased from $545.329 million in January 2004 to $587.018 million in 2005. <br /> <br />(<a href="http://www.zwire.com/site/news.cfm?newsid=14399516&BRD=1091&PAG=461&dept_id=425419&rfi=6" target="_blank" class="postlink">more...</a>)</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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