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Locust Valley presents $100.25M 2026-27 budget, highlights safety projects and tax-levy restraint

Locust Valley Central School District Board of Education · March 26, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

District finance staff presented a $100,251,364 proposed budget for 2026-27 with a 2.1% tax-levy increase (below the allowable 2.84%), a $2.5 million transfer to capital for safety and security projects, and projected benefit and retirement cost changes.

District finance staff delivered the fifth public presentation of the 2026-27 budget, outlining assumptions, major line items and the calendar for adoption.

Key figures presented by the finance lead, Karen: the proposed budget totals $100,251,364, a 2.0% budget-to-budget increase. The proposed tax levy increase is 2.1% (the district said it could levy up to 2.84%), leaving approximately $669,000 of unused levy capacity. The district's…

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