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Board reviews revised $92.7 million budget; administration recommends 2.5% tax‑levy and sends capital reserve question to voters
Summary
At a March 10 Cornwall Central School District Board of Education work session, administration presented a revised $92.7 million budget and recommended lowering the proposed tax levy increase from 3% to 2.5%. The board voted to put a new capital reserve proposal on the ballot for voters' approval, with one abstention.
The Cornwall Central School District Board of Education on March 10 reviewed a revised 2025–26 budget of $92,700,000 and heard administration’s recommendation to set the property tax‑levy increase at 2.5 percent.
Administration staff member Mr. Fink presented the figures, saying the district moved from a preliminary $93.4 million to a revised $92.7 million budget and that “we were able to drop down our property tax [levy] to 2.5,” citing teacher retirements, staffing redistribution and other adjustments. Superintendent Terry Sposi said the decision to recommend a lower levy was made by administration and presented to the board: “I directed Mr. Fink to bring the tax levy…
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