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New Rochelle district outlines budget scenarios as modest state-aid changes shrink tax-cap room
Summary
District finance staff explained a draft $356.7 million budget, a 0.33% tax-cap maximum and illustrative override scenarios (2.95% benchmark) that would require a 60% voter approval; board scheduled dates for adoption, hearing and vote.
At a Board of Education meeting held at Columbus Elementary, district finance leaders presented a budget work session that laid out current state-aid proposals, draft revenues and levy scenarios ahead of the March board adoption and the May 20 budget vote.
Assistant Superintendent for Business and Operations Carlos Leal said the governor's preliminary proposal shows only a small increase in foundation aid for the district and noted several categorical changes that reduce aid for particular lines. "For 25-26, currently, the governor's proposal has a 2% increase," Leal said, adding that some categorical aid lines…
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