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Consultant advises 2.6% tax-levy limit; board approves tax-cap calculation
Summary
A consultant told the Watertown City School District board the 202627 levy-limit calculation is 2.6% and recommended going to the cap to preserve budget stability; the board approved the tax-cap calculation. The presentation covered growth factor, foundation-aid estimates and capital-project implications.
Ben Maslow, a consultant presenting the districts tax-cap analysis, told the Watertown City School District Board of Education the districts tax-levy limit for 202627 is 2.6% and recommended the board "go out at the tax cap of 2.6" to preserve predictability and stability.
Maslow explained the calculation includes the states published growth factor (Watertowns is 0.43%), certain statutory exclusions and a 2% inflation component used in the formula. He said foundation-aid…
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