District warns of $1.7 million shortfall under state funding formula; rising benefits cited as driver of levy increase Superintendent Dr. Forte told the Denville Township K-8 School District board that a School Funding Reform Act calculation leaves the district roughly $800,000 short this year and about $1.7 million behind over time, and board members raised alarm about rapidly growing employee-benefit costs that are squeezing the local tax levy.

The Denville Township K-8 School District faces an alarming $1.7 million funding shortfall, driven by soaring employee benefits costs that threaten to increase local taxes.

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