Hampton Bays school budget proposal includes modest tax levy increase and spending cuts

Hampton Bays Schools are navigating a challenging financial landscape as they prepare for the upcoming budget year. During a recent Board of Education meeting, officials revealed a proposed budget of $67.5 million, which includes a tax levy increase capped at 3.32%. This increase is expected to be slightly lower due to anticipated pilot money from the town, which will help offset some of the tax burden on residents.

This year marks a significant shift for the district, as it faces a decrease in state aid for the first time in nearly two decades. The decline is attributed to rising assessed property values in Hampton Bays, which has led the state to classify the district as wealthier than it is. This classification complicates funding, especially given the district's high percentage of economically disadvantaged students, which requires more costly educational programs.

Superintendent Larry, who has been in his role for 19 years, emphasized the importance of continued advocacy for a fair Foundation Aid formula. The district's budget increase of 2.16% is conservative, reflecting a careful approach to spending amid these financial challenges. Historically, the district has seen average budget increases of around 2.9%, but this year's proposal is notably lower.

The meeting also highlighted the disparity in tax rates compared to neighboring districts. Hampton Bays has the highest tax rate within the Town of Southampton, which places additional pressure on local families. Despite these challenges, district officials expressed pride in their financial stewardship and commitment to providing quality education for all students.

As the community prepares for the budget hearing, the implications of these financial decisions will be closely watched, with stakeholders eager to understand how they will impact educational programs and resources in the coming year.