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Averill Park district outlines 2025–26 budget with 3.99% levy under cap amid rising benefits, insurance and utility costs
Summary
District presenters described a proposed 5.42% budget increase for 2025–26 driven by higher employer retirement costs, rising health insurance and utilities; the board previously resolved to set the tax levy at 3.99% (under the cap) and the presentation detailed staffing changes, reserve use and the May 19 referendum logistics.
The Presenter opened the May 5 budget hearing for the Averill Park Central School District and said the proposed 2025–26 budget represents a 5.42% year‑to‑year increase, driven primarily by employer retirement contributions, rising health insurance costs and increased utility expenses.
Presenter said employer retirement obligations—participation in both the teacher retirement system (TRS) and the employee retirement system (ERS)—are set by the state and that a roughly 1 percentage‑point increase in employer rates would cost the district about $240,000. Health insurance increases and plan costs were cited as a major pressure; the Presenter said plan cost examples of about $42,000 and $16,000 depending on coverage, and that medical plan increases contribute more than $1,000,000 to the budget. Electricity costs…
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