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Carmel schools present 2025–26 budget draft: proposed 0.75% levy increase and targeted capital uses
Summary
District administrators presented a draft 2025–26 budget that projects a 3.9% overall increase, proposes a 0.75% tax‑levy increase, relies on a 3.62% rise in state foundation aid and recommends targeted capital and repair reserves plus transportation and safety staffing additions.
Carmel Central School District administrators presented the draft 2025–26 budget at the Feb. 25 Board of Education meeting, laying out revenue assumptions, proposed expenditures and specific capital and staffing priorities.
Assistant Superintendent for Business Ken Silver described a budget scenario that would seek a tax‑levy increase of 0.75% (three quarters of one percent) and cited an anticipated 3.62% increase in state foundation aid — approximately $1.8 million under the executive budget figures used at the time of the presentation. He said administrators were proposing a total budget increase of roughly 3.9% at that point in the process and that the administration favored raising taxes only as needed rather than taking the full tax…
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