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Board hears mid-budget update; officials explain why STAR or Enhanced STAR doesn’t always eliminate school tax
Summary
District officials gave a mid-budget review showing a projected $3.4 million gap, explained how foundation aid proposals could affect revenue, and walked through why changes in STAR/Enhanced STAR exemption amounts can cause homeowners who previously paid no school tax to receive bills.
The Niagara Falls City School District Board of Education received a mid-budget update on March 13 that showed the district narrowing a projected budget gap but still facing roughly $3.4 million to close before the May 20 vote.
Board President Mark and district business staff described revenue-side variables, including state Foundation Aid proposals: the governor’s budget baseline includes a 2% increase in Foundation Aid, the state Senate proposed 3% and the Assembly proposed 2.9. Mark said even modest changes in those percentages would alter the district’s multi-million-dollar revenue forecast.
On the expenditure side, officials…
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