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East Ramapo board hears budget gap and large transportation cost increases
Summary
District finance staff presented a preliminary maximum allowable tax levy of $169,878,588 (about $7 million, 4.35%), projected revenues near $334 million and a roughly $10 million projected use of fund balance; transportation contract and bidding increases will require a budget transfer, staff said.
Finance director Eric Stark presented a preliminary maximum allowable tax levy calculation of $169,878,588 for 2026 that staff said reflects an increase of a little more than $7 million, or about 4.35%.
Stark told the board that statewide foundation aid rose but East Ramapo's foundation aid stayed roughly flat because enrollment dropped by about 400500 students, offsetting any per-pupil increases. "We actually had a tax levy that was flat from the prior year," Stark said, then read the calculated limit: "$169,878,588, which represents an increase of a little…
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