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Sachem budget team previews 2026–27 plan, flags about $15M shortfall and $5M health-insurance spike
Summary
District business staff told the board the 2026–27 budget process is underway, with state aid and the tax levy driving more than 93% of revenues; preliminary figures show a projected $5 million increase in health-insurance costs and an estimated funding gap of roughly $15 million that trustees must close with revenue or cuts.
At the Sachem Central School District Board of Education meeting on Dec. 17, the district’s business presenter outlined the 2026–27 budget development schedule and preliminary revenue and expenditure projections. The board was told that the budget process begins each July with year-end closeouts and financial audits that feed state aid calculations and that the district will post a more complete update after the governor’s January aid runs.
The business presenter said the district currently counts roughly $98 million in foundation aid and a $216 million tax levy in the current year, and that state formulas and the tax-levy calculation together dictate about 93.5% of the district’s revenue. She described a preliminary tax-levy projection of a 2.35%…
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