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Wappingers superintendent outlines proposed 2025-26 budget, tax-cap calculations and public schedule
Summary
Superintendent Dwight Bank presented the Wappingers Central School District's proposed 2025-26 budget, explaining the district's tax-levy figures, the state's tax-cap formula and the schedule of upcoming public presentations and the May 20 budget vote.
Superintendent Dwight Bank outlined the Wappingers Central School District's proposed 2025-26 budget and the district's public engagement schedule in a recorded presentation, and explained how the state tax-cap calculation and state aid timing affect the final levy the board can propose.
Bank said the district's preliminary 2025-26 tax levy proposal is higher than the 2024-25 levy and described it as a 1.50 percent increase compared with the prior year. He said the district's proposed levy would rise from "$190,231,957" in 2024-25 to "$193,094,943" in 2025-26 (figures given by Bank). Bank also said the proposed 2025-26 budget total is $305,851,033.
The superintendent explained the state's tax-cap (tax levy limit) process, saying the state formula uses eight calculation steps that start with the prior year's levy…
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