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Hendrick Hudson officials flag nearly $10M budget gap as Indian Point payments wind down
Summary
District finance leaders told the board the 2026–27 preliminary budget could require about $9.7 million from reserves, citing a newly announced 5% health‑insurance increase (~$800,000) and the phased end of Indian Point mitigation and PILOT revenues.
Administrators for the HENDRICK HUDSON CENTRAL SCHOOL DISTRICT on Dec. 3 warned trustees that preliminary estimates for the 2026–27 budget point to a multi‑million‑dollar shortfall unless the district adopts new revenue strategies or significant program reductions.
Jill, the district lead on budget development, told the board the district had learned that health‑insurance costs were increasing by 5%, which she said “is about an $800,000 increase to our budget overall.” She and other presenters highlighted two largely predictable drivers: pension…
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