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The Lakewood Scoop · Aug 24, 2026

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Explainer: The Reason Behind Lakewood’s $2.75 Million LSTA Cut – And Why More Cuts May Be Coming Last week’s dramatic announcement from the Lakewood Student Transportation Authority (LSTA) that they will be raising the fee for non-mandated children to opt into the busing program has raised questions about why the reduction is happening now and what prompted the township to make the cut so soon before school started, when the state budget was approved in late June. Asked for comment, Township officials tell The Lakewood Scoop that the subsidy reduction only came after the State Local Finance Board rejected Lakewood’s request to raise an additional $12.9 million in property tax revenue above the state’s 2% cap, which would have allowed the township to raise and spend additional property tax revenue. TLS first reported on that decision earlier this month. READ MORE ⤵️ Click here to join the official TLS Community:

*Explainer: The Reason Behind Lakewood’s $2.75 Million LSTA Cut – And Why More Cuts May Be Coming* Last week’s dramatic announcement from the Lakewood Student Transportation Authority (LSTA) that they will be raising the fee for non-mandated children to opt into the busing program has raised questions about why the reduction is happening now and what prompted the township to make the cut so soon before school started, when the state budget was approved in late June. Asked for comment, Township officials tell The Lakewood Scoop that the subsidy reduction only came after the State Local Finance Board rejected Lakewood’s request to raise an additional $12.9 million in property tax revenue above the state’s 2% cap, which would have allowed the township to raise and spend additional property tax revenue. TLS first reported on that decision earlier this month. *READ MORE* ⤵️ https://thelakewoodscoop.com/news/explainer-the-reason-behind-lakewoods-2-75-million-lsta-cut-and-why-more-cuts-may-be-coming/ ~~~ Click here to join the official TLS Community: https://chat.whatsapp.com/GGwlPaiG0d49MJTRLfHVPN ~~~

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