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Chappaqua board reviews $150 million budget proposal, trustees seek scenarios to reduce fund-balance reliance
Summary
Board members reviewed the proposed 2026–27 budget of about $150 million (a ~3.97% budget-to-budget increase; tax levy +2.99%, below the tax cap), pressed for inflation-adjusted instruction-per-student metrics, and asked administration for alternative slides showing tax impacts of reducing fund-balance reliance.
The Chappaqua Central School District Board of Education on March 4 heard an overview of the proposed 2026–27 budget, which administration described as a little over $150 million — a budget-to-budget increase of roughly 3.97% (about $5.7 million) and a tax levy increase of 2.99%, which officials said is below the state tax-cap calculation.
Dr. Ackerman, the district superintendent, framed the board’s strategic priorities as fiscal responsibility, strong instructional programming and student social-emotional development, and urged the community to be patient with weather-related operational decisions. Josh, the district’s finance presenter, told trustees that salaries and benefits make up about 70.7% of the budget and that increased debt service tied to ongoing bond repayments is the principal reason…
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