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Cornwall Central presents roughly $97 million budget proposal; May 19 vote and three capital propositions planned
Summary
District officials presented a proposed 2026—27 budget with about $97 million in expenditures, a proposed 3% property tax levy (estimated ~ $354/year on a $350,000 home), three capital propositions on the May 19 ballot and contingency plans if the budget is defeated.
District business presenter Mr. Fink delivered the annual 2026—27 budget hearing, outlining a proposed expenditure total presented in the meeting at roughly $97 million and projected revenues of about $94.5 million. The proposal includes a 3% property tax levy and an assigned fund balance draw of roughly $2.5 million to balance the budget. Mr. Fink said the budget vote and capital project vote are scheduled for May 19.
Mr. Fink described the three-part state-required budget breakdown (administrative, program and capital) and said salary and benefits remain the largest expenditure. He said the district projects state aid and building aid amounts and proposes limited transfers from ERS and TRS reserves (about $518,000) to help balance revenues. Using a set of assumptions, he estimated that the tax impact for a $350,000 fair-market-value home would be about $354 annually (about $30 per month) under a 3% levy.
The presenter described three capital propositions: Proposition 1 (districtwide infrastructure and improvements, presented as about $44,500,000 and described as tax neutral), Proposition 2 (classroom projects, presented as about $21,100,000 with a partial tax effect) and Proposition 3 (athletic fields at CCHS, described as having a full tax effect). He noted that for Proposition 2 to take effect, Proposition 1 must pass, and Proposition 3 depends on passage of both 1 and 2.
Mr. Fink also summarized contingency plans: if the budget is defeated, the board could pursue a revote, reduce or modify the proposal, or adopt a contingency budget that would carry a 0% tax levy and require approximately $1.6 million in reductions to proposed additions. He urged voters to review the district budget binder and related materials posted on the district website.
Transcript notes and numeric clarity: several numeric strings in the meeting transcript were garbled and difficult to parse verbatim. Where specific figures are quoted above, they reflect the district presenter—s stated estimates during the hearing; readers should consult the district—s posted budget binder for the official, line-by-line figures and final state aid numbers.
Next steps: public information materials and the budget binder are available on the district website; the board will take questions and the public may vote on May 19.
