rich 1.0 Action Network https://actionnetwork.org <link href='https://actionnetwork.org/css/style-embed-v3.css' rel='stylesheet' type='text/css' /><script src='https://actionnetwork.org/widgets/v6/petition/urging-tc-to-share-pilot-revenue-with-boe?format=js&source=widget'></script><div id='can-petition-area-urging-tc-to-share-pilot-revenue-with-boe' style='width: 100%'><!-- this div is the target for our HTML insertion --></div> Save Holmdel Education https://actionnetwork.org/groups/save-holmdel-education https://can2-prod.s3.amazonaws.com/petitions/photos/000/728/993/normal/Save_Holmdel_Education_2B.jpg URGENT Urge Holmdel Township Committee to Share PILOT Revenue with the School District Due to significant increases in insurance, employee benefits, and transportation costs, the Holmdel School District is facing a dire budget crisis, with an estimated $4–6 million deficit. Without immediate action, the district may soon be forced to take drastic measures, including: laying off teachers outsourcing paraprofessionals and custodians eliminating courtesy busing program reductions raising property taxes yet again At the same time, the Holmdel Township Committee collects approximately $7.5 million annually from the Bell Works PILOT program. Under state law, the Township retains 95% of PILOT payments, the county receives 5%, and the school district receives zero—even though 68% of property taxes normally support the school district. The Township Committee has also recently approved a new PILOT agreement for the Vonage redevelopment. PILOT revenues have allowed the Township to increase its spending by $7.4 million over the past five years and grow its surplus from $3.5 million to $8.2 million, while the school district faces severe cuts that directly impact students and families. Other municipalities have acted to protect their schools. On January 30, 2026, NJ.com reported that Hackensack’s City Council transferred $6.5 million in emergency funds to its school district to address a deficit. That transfer represented 30% of the city’s $21.8 million budget surplus. Holmdel residents overwhelmingly support similar action. A November 2025 community survey 77.3% support sharing at least 30% of PILOT revenue with the school district 89% support a public referendum allowing residents to decide whether PILOT revenue should be shared with the schools Most families choose Holmdel because of its excellent schools. If this budget crisis continues, students will suffer, educational quality will decline, and the township’s reputation—and property values—will be at risk. Some actions could be taken as early as a few weeks and may be hard to reverse. The BOE must adopt and file the tentative budget with the state by March 20, 2026. We need the Township Committee to take action NOW to help save our school district. Call to Action Please sign this petition urging the Holmdel Township Committee to adopt a resolution or ordinance establishing a shared services agreement that directs at least 30% of annual PILOT revenue to the Holmdel School District. Alternatively, the Township Committee should place a public question on the ballot allowing residents to decide whether a substantial share (30% or more) of all PILOT revenue should be dedicated to our school district. Please share this petition after signing. SAVE HOLMDEL EDUCATION Follow us on Facebook Learn more: 1. A Tale of Two Holmdels 2. PILOT Survey Results 3. Holmdel Speaks: 94% Say PILOT Money Should Support Our Schools https://actionnetwork.org/petitions/urging-tc-to-share-pilot-revenue-with-boe