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More Aid Cuts Leave Haddon Township Schools Facing $4M Deficit for 2025-26 Budget
Superintendent Bob Fisicaro says options for closing the gap include a combination of tax increases, drawing down a reserve fund for emergency unemployment benefits, and borrowing against money reserved for improvements to athletic facilities. The district submits its budget Wednesday.
March 19, 2025
Collingswood Schools Ask Borough to Help Plug $1.8M Structural Deficit
Hampered by the statutory 2-percent budget cap and flat state aid, the district says it will be unable to address increased costs without outside help. Borough officials say they are eager to partner on the issue, but also want to weigh in on the board’s budget construction and resolve contract negotiations with its teachers union.
February 12, 2025