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Hendrick Hudson board hears preliminary 2025–26 budget scenarios as district faces dropping cessation funds
Summary
District staff presented preliminary 2025–26 budget scenarios showing large pressure from employee benefits and debt and projected loss of roughly $2.2 million a year in cessation funding; one scenario would use about $7.4 million of fund balance to hold the tax levy near 4.2%, another assumes roughly $5.9 million in reserves and a higher levy.
The Hendrick Hudson Central School District on Wednesday presented early budget scenarios that show rising personnel costs and an approaching decline in a one-time revenue stream, forcing board members to weigh using significant reserves now or accepting higher tax levies later.
Interim Assistant Superintendent for Business Jill Figueroa led the budget presentation, saying the district faces higher payroll and benefit expenses next year and a steady drop in cessation (mitigation) payments tied to a retired electric-generation facility. "They are going to be…
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