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Hyde Park board preview: $125.9M preliminary budget, 2% proposed tax‑levy increase and two bus propositions on May 20 ballot
Summary
Superintendent and finance staff presented a proposed 2025–26 general fund budget of about $125.9 million, a recommended tax‑levy increase of 2% (below the 2.43% tax cap) and two separate voter propositions to replace seven conventional buses and to purchase nine electric buses supported by a NYSERDA grant.
Superintendent and finance staff presented the district's preliminary 2025–26 budget and the timelines for board adoption and the May 20 public vote.
Dr. Roman and district finance staff said the proposed total budget for 2025–26 is $125.9 million, a year‑to‑year increase of about $4.9 million (4.13%). The district plans to propose a tax‑levy increase of 2.0%, below the district's tax cap for the year (2.43%). Officials said the difference between the levy cap and the proposed levy is $307,697 and could be covered by using additional fund balance if the board chose to do so.
State aid, the presenters said, was not finalized at the time of the presentation; the district will adjust state‑aid line items and…
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