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