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Three Village board previews 2026–27 budget, warns tax cap and rising costs will squeeze programs
Summary
At a Nov. workshop, district finance staff said the tax levy cap, rising health‑insurance and benefit costs, and depleted reserves after the pandemic leave limited room to restore programs without new revenue or cuts. The board asked for itemized costs and options before deciding whether to seek voter approval to exceed the cap.
The Three Village Central School District Board of Education on Wednesday opened a six‑month run of budget planning for the 2026–27 school year, receiving a stark financial outlook from district finance staff that linked the state tax‑levy cap and recent inflation to a shortfall in available revenue.
"So October, November ... the first piece of information that we get for the next year's budget is the employer contribution rate for both retirement systems," said Mister Carlson during the workshop, walking the board through the official calendar for budget actions and the numbers that drive them. He noted the state sets the tax‑levy growth factor used for local limits and that it is capped at 2% or the change in the consumer price index, "whichever is less."
The district reported three…
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