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Malverne Union Free School District proposes 1.54% budget increase, 2.29% tax-levy rise; vote set for May 19
Summary
Assistant Superintendent for Business Chris Caputo presented a proposed 2026-27 budget with a 1.54% overall increase and a 2.29% tax-levy rise ($50.9 million); the budget hearing closed and the district scheduled a vote for May 19, 2026. Administrators cited higher transportation costs and charter-school tuition as drivers of some line-item increases.
Assistant Superintendent for Business Chris Caputo told the Malverne Union Free School District Board of Education that the proposed 2026-27 preK–12 budget would increase 1.54% overall while the district's tax levy would rise 2.29% to $50,900,000.
Caputo said projected revenue categories for 2026-27 include just over $1.5 million in district-generated revenue, a planned use of fund balance and reserves of just over $1.6 million, and state aid of $20,900,000. He said instruction accounts for about 80% of expenditures, general…
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