Page 4 THE VILLADOM TIMES I • March 27, 2013 Wyckoff The K-8 school budget introduced by the Wyckoff Board of Education will increase property taxes on the average township house, assessed at $812,200, by $139. The school budget came in at 3.3 percent, over the statemandated two percent cap. However, the permitted exception of an additional 1.08 to cover mandatory health care costs would have allowed Wyckoff an additional allowed $401,000 without having to place the budget on the ballot. The Wyckoff administration and school board were able to keep the increase over the state’s two percent cap to only School budget includes $139 average tax increase $109,000. The total budget of $38,437,166 calls for a local tax levy of $33,634,403, with debt service of $1,637,094. The capital reserve will be $1,891,053, with $838,014 expected in state aid and $73,696 from miscellaneous revenue. Educational projects include extending kindergarten classes, the Math in Focus program, Language Arts Literary resources and material, and new teacher and principal evaluations. The health care increases placed in the local budget under state mandate were $657,900. Wyckoff’s cost cuts included 9.9 percent cut through savings on utilities, 7.2 percent saved on administrative costs, and 5.5 percent saved on special education, along with 4.6 percent saved on school operations, and 3.6 percent saved on other benefits. The increase in health care came to 21 percent, and salaries increased by 2.3 percent. Wyckoff’s budget and its $139 per household tax increase will not be subject to the vote in the November election. No public vote is required due to the provisions of a 2012 state law. School districts that moved their board elections to November for at least four years are not required to hold a public budget vote as long as the tax levy increase remains at or below the state-mandated cap, which is now two percent. The tax increase associated with the Wyckoff K-8 school budget is one component of the overall tax rate, which also includes property taxes for municipal purposes, Bergen County purposes, and for the regional high school district. J. KOSTER The Wyckoff Chamber of Commerce will award four scholarships to high school seniors who are planning to further their education. Three $500 scholarships will be presented to students who are Wyckoff residents. The $1,000 Rose Fernandez Scholarship will be awarded to a child of a Wyckoff Chamber member or the child of an Chamber of Commerce offers scholarships employee of a Wyckoff Chamber member, regardless of residency. Applications are available at www.wyckoffchamber.com. Completed applications may be mailed to President Jay Vidockler, Wyckoff Chamber of Commerce, P.O. Box 2, Wyckoff, NJ 07481. The deadline for submission is April 24.