Return to Headlines
VERONA HOUSING DEVELOPMENTS WILL IMPACT OUR SCHOOLS
VERONA HOUSING DEVELOPMENTS
WILL IMPACT OUR SCHOOLS
SUPERINTENDENT CORNER COLUMN
“Don’t bother people for help without first trying to solve the
problem yourself.” Colin Powell
The Verona Township does not seem to have much of an appetite these days for sharing PILOT funds with our schools. Making decisions without consideration for the impact to our classrooms will have significant implications on teaching and learning. We have spent a considerable amount of time, strategic effort, creativity, and resources that have resulted in the outstanding educational opportunities afforded our children. We have come way too far to allow anything to chip away at the quality of education our students undoubtedly deserve.
The Verona Public Schools educate over 2,300 students each year, employ approximately 350 staff members, and operate 6 buildings that require attention and care. The opportunities our schools provide our children are second to none. With the allocation of normal property tax revenues, the schools receive 55% on every dollar. But under Payment in Lieu of Taxes (PILOT) agreements, the Verona Township government will retain 95% of revenue while the Verona Public Schools will receive 0% on the value of property improvements. These agreements between municipalities and developers create revenue streams that schools never see while dealing with the additional challenges of adding students to the school system.