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Troy City School District proposes 1.75% tax levy, uses reserves and attrition to close budget gap
Summary
District administrators presented a draft budget that assumes a 1.75% tax levy, temporary use of reserves and appropriated fund balance, and an attrition-based staffing plan to avoid layoffs; the board set a May 7 public hearing and approved consent items by voice vote.
The Troy City School District’s administration presented a draft budget to the board that relies on a combination of a proposed 1.75% tax levy, attrition-based staffing adjustments and one-time reserves to close a multi-million-dollar gap while final state foundation-aid figures remain uncertain.
District administrators said the governor’s executive proposal included a 2% minimum increase but that both the state assembly and senate have signaled higher allocations; the district is planning conservatively because the final state budget had not been passed at the time of the presentation.
The administrator…
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