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South Orangetown budget overview: administrators outline 4% reserve, enrollment dip and conservative approach
Summary
Assistant Superintendent Natalie Espinal presented the district budget development process and fiscal snapshot: audited fund balance near the 4% guideline, 2025 revenues/expenditures reported, enrollment projected to fall slightly and the administration signaled a fiscally conservative plan with modeling starting at 1% growth.
Assistant Superintendent of Business and Operations Natalie Espinal outlined the district’s budget-development process and guiding principles, telling the board the budget is intended to support instruction, align with academic priorities and provide legal transparency for the tax levy.
Espinal presented a snapshot of the audited fund balance as of June 30, 2025, and said the district has maintained roughly a 4% reserve (reported in the presentation as $4,600,000). She reported…
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