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Three Village budget heads to May vote; district tax-cap explained as 4.54%
Summary
Board finance lead Mr. Carlson explained how inflation, a 1.19% tax-base growth factor and a capital-projects exclusion pushed the district’s tax-cap calculation to 4.54% for the coming year; the proposed budget, adopted by the board for public vote, complies with that cap.
The Three Village Central School District board on April 29 reviewed the proposed 2026–27 budget and detailed how the district’s tax‑cap calculation reached 4.54 percent.
"So when you add it all together, it comes out to 4.54%,” Mr. Carlson said, walking through the components: a levy‑growth factor (the state‑determined portion based on CPI, capped at 2%), an unusually large district tax‑base growth factor of about 1.19% (reflecting new property), and a capital‑projects exclusion…
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