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Comsewogue board reaffirms reserve accounts, sets funding caps for fiscal year ending June 30, 2025
Summary
The board reaffirmed authorization for district reserve accounts under General Municipal Law and Education Law and set maximum funding amounts for several reserves, including a $10 million cap for the employee benefit accrued liability reserve and $4 million for capital reserve funding.
The Brookhaven‑Comsewogue Union Free School District Board of Education reaffirmed authorization for several reserve accounts and approved maximum funding levels for the fiscal year ending June 30, 2025.
The action matters because reserves affect the district’s ability to manage claims, employee benefits and long‑term liabilities without immediate tax‑levy increases.
By resolution, the board reaffirmed the…
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