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Wappingers budget update: trustees hear recommended Budget No. 2; district plans 1.4% tax‑levy increase using $12.3M fund balance pending state aid
Summary
District finance staff presented Recommended Budget No. 2 and an update on state aid at the April 7 board meeting. The proposed budget holds a 1.4% tax‑levy increase below the calculated tax‑cap maximum and would use $12.3 million of general fund balance to offset the levy; the presentation is contingent on state budget actions.
Wappingers Central School District staff told the Board of Education on April 7 that Recommended Budget No. 2 holds a proposed tax‑levy increase of 1.4% — below the district’s calculated tax‑cap maximum of 1.57% — and would use $12,300,000 of the district’s general fund balance to offset the levy while maintaining current programs.
Assistant Superintendent Kristen Dainty, identified in the meeting as the district finance lead who has led preparation of the budget, summarized the budget timeline and numbers and said the figures use the governor’s executive budget proposal as a planning baseline. The presentation…
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