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Board hears levy calculation, budget timeline; auditors report no major findings
Summary
Business and finance staff explained the 2025 tax‑levy limit calculation, reserve carryover and budget calendar; internal, single and extra‑classroom audits returned minimal findings and corrective actions were proposed.
Assistant Superintendent for Business and Finance Dr. Dan Driffill reviewed the district's preliminary local tax‑levy calculation and budget timeline and reported results from recent audits during the Jan. 14 Penfield Central School District Board meeting.
Dr. Driffill said the district's current school‑year levy is $70,500,000 and that, using the state tax‑based growth factor and other inputs, the maximum allowable levy calculated for 2025–26 is $73,774,107. He described that figure as "a year over year dollar increase of $3,200,000, a tax levy percentage of 4 and a half percent." He also said the allowable…
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