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Lake Placid CSD previews $24.6 million budget; board schedules vote May 19
Summary
Superintendent Tim Seymour presented a $24.6 million proposed budget — a 6.49% increase driven largely by a 22% spike in health-insurance costs — and announced ballot items including three board seats and a proposition to buy three gas-powered buses; the budget vote is set for May 19.
The Lake Placid Central School District presented a proposed $24,600,000 budget for the coming year, Superintendent Tim Seymour said, a 6.49% increase from the prior year driven primarily by rising health-insurance costs.
"Our premiums have skyrocketed year over year," Seymour said, describing a 22% increase in the district's health-plan charges that he said required a one-time correction from the consortium this year. Seymour said approximately $18.6 million of the district's revenue is expected to come from the property tax levy, a roughly…
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