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Kingston board warns of $20.9M budget gap, staff to seek maximum tax levy
Summary
District budget staff told the board the 2026–27 plan shows a $20.9 million gap driven by declining enrollment and reduced state reimbursements; staff said they will recommend levying the maximum allowable 4.4% tax cap to close the shortfall.
The Kingston City School District is facing a projected $20.9 million shortfall for 2026–27, district budget staff told the Board of Education on April 8.
A presenter for the district said the working budget is $249,500,000, current revenues are estimated at $242,300,000 and projected expenses near $263,000,000, leaving a gap of $20,900,000. The district’s calculated maximum allowable tax levy for 2026–27 is $130,877,575, a 4.4% increase over last year; staff said they will recommend levying the maximum allowable amount "out of necessity." (Presenter, first referenced in…
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