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Hendrick Hudson board narrows proposed tax levy to 6.49% and readies materials for April 7 vote
Summary
The Hendrick Hudson Board of Education agreed March 26 to lower the district's proposed tax levy request from 8.24% to 6.49% and asked administrators to finalize fund-balance calculations and voter-facing materials ahead of an April 7 board adoption and a May 19 public vote.
President Silverman and trustees at a March 26 special meeting directed administrators to change the Hendrick Hudson school district's proposed tax-levy request from 8.24% to 6.49% and to provide final projection materials before an April 7 board adoption vote.
The board's presenter, who delivered the superintendent's budget overview and projection tool, told trustees the district faces an ongoing revenue shortfall following the Indian Point nuclear plant's closure and that, under all levy scenarios shown, the district's fund balance would be depleted within about "three to four years" without external aid. "In general terms, 3 to 4 years, we will have depleted our fund," the presenter said. Trustees learned the…
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