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MOTION SECONDED BY: INGRAM YES: INGRAM, MARTIN, GUDAITIS & UPDEGRAVE ABSENT: STALLONE

RESOLUTION 159R-08 TITLE: APPROVE / CERTIFY AMOUNT TO BE RAISED BY TAXATION FOR THE 2008-2009 SCHOOL YEAR BUDGET

MOTION TO APPROVE BY: MARTIN MOTION SECONDED BY: INGRAM YES: INGRAM, MARTIN, GUDAITIS & UPDEGRAVE ABSENT: STALLONE

WHEREAS, a majority of the voters of the Township of Jackson voted on April 15, 2008 to reject the General Fund proposed budget tax levy of $64,062,206.00; and

WHEREAS, in accordance with N.J.S.A. 18A:22-37, the budget was submitted to the governing body for its review and determination of the amount, which in its judgment, is necessary to provide a thorough and efficient education for the students in the Jackson Township School District; and

WHEREAS, in accordance with N.J.S.A. 18A:13-19, the governing body consulted with members of the Board of Education and its administration and has reviewed the proposed budget.

NOW, THEREFORE, BE IT RESOLVED, by the Township Council of the Township of Jackson, County of Ocean and State of New Jersey:

1. The amount to be included in the taxes to be assessed, levied and collected for the Jackson Township School District for school purposes for the 2008-2009 fiscal year shall be $62,757,140.00, which constitutes a reduction from the originally proposed budget tax levy in the amount of ($1,305,066.00).
2. The budget tax levy set forth above is an amount necessary to provide a thorough and efficient education in the Jackson Township School District for the 2008-2009 fiscal year.
3. A statement of the specific line-item reductions in budgeted revenues is attached hereto as Exhibit A.

DATED: 05-15-08

ANN MARIE EDEN, R.M.C. TOWNSHIP CLERK

RESOLUTION 160R-08

TITLE: AUTHORIZE 2008 EMERGENCY TEMPORARY APPROPRIATION #3

MOTION TO APPROVE BY: MARTIN MOTION SECONDED BY: INGRAM YES: INGRAM, MARTIN, GUDAITIS & UPDEGRAVE ABSENT: STALLONE

WHEREAS, in accordance with the provisions of N.J.S.A. 40A:4-20 entitled, EMERGENCY TEMPORARY APPROPRIATIONS; in addition to temporary appropriations necessary for the period prior to the adoption of the budget and regular appropriations, the governing body may, by resolution adopted by a 2/3 vote of the full membership thereof, make emergency temporary appropriations for any purposes for which appropriations may lawfully be made for the period between the beginning of the current fiscal year and the date of the adoption of the budget for said year. The amount of such emergency temporary appropriations shall be included under the correct headings in the budget as adopted. If they are adopted after the introduction and approval of the budget and were not included in the budget as approved, they shall be included by amendment in the budget as adopted, except that no public advertisement or public hearings shall be required as to their adoption as amendments. A copy of each resolution