Glen Ridge’s plan to charge high school students $200 apiece to participate in after-school activities gets a great big “F” from the Star-Ledger, which ran an editorial about it today.
Understandable? Sure. The right way for the district to raise money? Not by a long shot. Yes, Glen Ridge residents pay punishingly high property taxes, about $12,432 for the “average” house in 2003. There are few commercial ratables. But state data show the $70,000 in projected activity fee revenue is less than half of 1 percent of the school district’s 2003 property tax levy.
Adding the $70,000 would raise the average residential property tax bill by $50 or so. Hardly a family budget buster.
Not mentioned by the editorial: the district’s financial deal with the devil Pepsi, to take $5,000 from the soft drink giant in exchange for an exclusive contract to put its vending machines in the high school — with a $3,000 bonus incentive for selling cases of sugar water.
Clearly, the district hasn’t thought about the most obvious alternative source of funding: selling grades. Or maybe partnering with tobacco companies to sell grades. Why not a Virginia Slims Valedictorian? Do we hear $20,000? $30,000? Going, going…..