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Glen Cove City School District unveils $122.3 million proposed budget, plans $4 million reserve use
Summary
Superintendent staff presented a $122,314,624 proposed 2026–27 expenditure budget — a 3.55% year‑to‑year increase — and outlined a $4 million planned draw from reserves; public budget hearing is May 6 and the vote is May 19.
The Glen Cove City School District presented its proposed 2026–27 expenditure budget of $122,314,624 at the board meeting, which the budget presenter said represents a 3.55% increase over the current year. "The final proposed expenditure budget is $122,314,624 as you can see here. This represents a 3.55% budget to budget increase over the current year," the presenter said.
At the same time the district reported an allowable tax‑levy limit just over $81,500,000 — described in the presentation as a 2.42% levy increase — and staff said the proposal does not exceed the state cap. The district announced a planned use of $4,000,000 in reserves to help close the gap and listed the categories of reserves being used, including workers' compensation and employee benefit accrued liability. The presenter noted that using reserves requires balancing with responsible reductions tied to enrollment and cautioned that reserves are not a guaranteed long‑term solution.
The presentation walked the board through contingency‑budget rules if voters reject the budget on May 19 — including that a contingency budget cannot raise the tax levy above the current year and limits increases in the administrative component — and outlined allowable contingency expenditures such as salaries for teachers and mandated costs, while excluding new equipment purchases and raises for nonunion staff. The presenter reminded the public of the budget hearing on May 6 and the annual vote on May 19; polling locations were listed for Connolly School and the high school.
District staff also described proposed capital outlay projects tied to the budget, including finishing the new pre‑K space at Daisy (ceilings, flooring, painting, decals), playground regrading and upgrades to address flooding, and targeted bathroom upgrades across district buildings. All budget materials, including a budget 101 and frequently asked questions, were referenced as posted on the district website for further detail.
