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Board hears budget update; treasurer reports March revenue activity and superintendent outlines next steps
Summary
The district treasurer reported several state-aid payments and investment income in March; Superintendent Dr. Zayas summarized budget reductions of roughly $3 million, said the tax levy would be at the cap (reported orally), and reminded the public of a budget hearing May 5 and a vote May 19.
The Fredonia Central School District board received financial updates at its April 28 meeting as treasurer Mr. Forbes and Superintendent Dr. Zayas reviewed recent revenue, investment and budget developments.
Treasurer Mr. Forbes said March was an active month for revenue: “We picked up $7,000 in interest investment earnings,” he reported, and noted three separate state-aid payments totaling $6,200,000, plus other aid figures (an additional $152,000 and $281,000 identified as summer-school aid).
Superintendent Dr. Zayas framed those figures in the broader budget process, saying the board had reduced a little more than $3,000,000 from early drafts. He told the board the district’s tax levy increase would be at the tax cap (spoken at the meeting as “244%” in the transcript); the board also recorded a budget-to-budget increase of 3.16%. Dr. Zayas reminded the public that a budget hearing is scheduled for May 5 and the budget vote is set for May 19.
Trustees asked and administration clarified staffing shifts tied to changing student needs — small increases in total enrollment (reported at about 2%), higher numbers of English-language learners and students with disabilities, and new positions supported in part by federal COVID-era funds.
Next steps: administration will present final numbers at the May 5 budget hearing ahead of the May 19 vote.
