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Amherst Central projects $81.5M in revenue; board agrees to submit tax‑cap compliant levy
Summary
Amherst Central School District officials presented a revenue-focused budget update at the board meeting, reporting projected revenues of $81,500,000 for the coming year, a state-aid increase of about $1,700,000 (roughly 5.8%), and a tax‑cap levy that the district estimates at about a 2.3% increase (approximately $933,000).
Amherst Central School District officials presented a revenue-focused budget update at the board meeting, reporting projected revenues of $81,500,000 for the coming year, a state-aid increase of about $1,700,000 (roughly 5.8%), and a tax‑cap levy that the district estimates at about a 2.3% increase (approximately $933,000).
The budget presenter, Miss Bizinski (staff member), told the board, “Tonight's update really focuses on our revenue picture.” She said the district is not updating expenditures in this presentation and that the capital exclusion and state-aid runs are the primary drivers behind the current revenue picture.
The revenue picture and the tax-cap calculation
The district said its compliant tax calculation results in a 2.3% levy increase (about $933,000). The district reported a capital exclusion of about $980,000 that is added on top of the tax-cap calculation because the voters previously authorized those capital expenditures. Miss Bizinski said the district’s total state-aid projection is about $30,500,000, noting “a 7.4%…
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