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Ridgewood village tax increase would be highest in six years

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RIDGEWOOD A 4.3% municipal tax increase the highest in six years will get a final hearing at the Village Council meeting Wednesday.
The $52.9 million budget is up $1.9 million, or 3.9%, from last year. The amount to be raised from taxes is $37.7 million, up $1.6 million, or 4.43%.
On the average home, valued at $701,644, municipal taxes will be $4,544, up $186, or 4.3%, from 2020.
Municipal taxes account for 24% of the 2021 tax dollar. Schools account for 65.4% of local taxes, county taxes for 11.22%.
COVID-related expenses and lost revenue were cited by Chief Financial Officer Robert Rooney when the budget was presented April 14. Municipal tax increases over the previous six years have included two years of 0% increase and four years ranging from 1.2% to 2.2% ....

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New York Schools Apply Machine Learning to Study Inequality

<i>Five students at Shaker High School, New York are finalists in a statewide competition for their report that used World Bank data and machine learning models to assess the impacts of various factors on income inequality.</i> ....

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Shaker High students use machine learning to analyze pandemic's impact on wealth inequality

Shaker High students use machine learning to analyze pandemic s impact on wealth inequality
Shaker High students use machine learning to analyze pandemic s impact on wealth inequality
Analysis wins team prize in annual Fed Challenge, an economics competition hosted by New York Federal Reserve Bank
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From left to right, Sahana Vinothkumar, 10th grade, Avi Bagchi, 11th grade, Andrew Krakat, social studies teacher and advisor to the club, Priya Musuku, 10th grade, Roshni Ramesh, 10th grade, and Harrison Fazzone, 11th grade, pose for a photo outside the school on Monday, April 19, 2021, in Latham, N.Y. The students, all members of the History Research and Competition Club, are finalists in the High School Fed Challenge for their research on wealth inequality. Their paper will be one of 12 published in the Journal of Future Economists. (Paul Buckowski/Times Union)Paul Buckowski/Albany Times Union ....

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Tri-State Teens Research And Share Insights On Economic Inequality In Age Of COVID

Tri-State Teens Research And Share Insights On Economic Inequality In Age Of COVID
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N.J. students' papers selected for inaugural issue of NY Fed journal

N.J. students’ papers selected for inaugural issue of NY Fed journal
Updated 5:30 PM;
Academic papers written by student teams from five New Jersey high schools will be included in the first edition of a journal that will be published by the Federal Reserve Bank of New York.
The Bank announced Thursday the results of this year’s High School Fed Challenge an academic paper competition in which student teams researched and analyzed an economic theme, according to a release from the bank.
The selected papers will be published in the inaugural issue of the “Journal of Future Economists”
this summer and include writings from the following Garden State schools: ....

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