Pequannock board flags rising health‑insurance costs as $56.15 million preliminary budget is presented At its April 13 meeting the Pequannock Township Board reviewed a $56,147,954 preliminary 2026–27 budget, warned of steep health‑insurance increases and discussed capital and special‑education cost pressures ahead of an April 27 public hearing.

Pequannock Township's preliminary budget of over $56 million faces a daunting challenge as rising health-insurance costs threaten to reshape staffing and programs in the coming years.

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Pequannock board previews $56.15 million preliminary budget, cites 5.77% tax increase to cover health and salary costs The Pequannock Township School District presented a $56,147,954 preliminary 2026–27 budget that would require a 5.77% school tax increase, driven largely by a roughly 24% gross rise in health‑insurance costs (about $1.7 million) and salary increases; the board scheduled further budget review and a vote on the tentative budget in April.

Pequannock Township is facing a challenging financial landscape, with a proposed 5.77% school tax increase needed to cover skyrocketing health insurance and salary costs.

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