Old Bridge Board of Education Meeting - 5/12/2026

The Old Bridge Board of Education held a meeting on May 12, 2026, focusing primarily on budget discussions and capital improvement projects. Key procurement-related topics included the finalization of the 2026-2027 school budget, which involved adjustments to expenditures such as health benefits and security costs. The board discussed a $1.4 million increase in security expenditures to ensure coverage across all schools and addressed the receipt of a single bid for the planetarium upgrade project, budgeting approximately $300,000 for the work with plans to award the contract soon. Additionally, the board reviewed the refunding of school bonds totaling $14,355,000, aiming to achieve net present value savings and reduce debt service costs through May 2033. Several resolutions related to budget adoption and personnel were passed, including motions supporting the budget despite tax increases. The meeting also touched on potential future revenue generation through renting the upgraded planetarium facility. No executive session was held.