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District budget preview: board directs -0.2% tax levy as debt service falls

Cherry Valley-Springfield Central School District Board of Education · March 19, 2025
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

School Business Official Denise Wist told the board the 2025–26 budget rests on three components and a projected 0.2% tax‑levy decrease driven mainly by lower debt service; the board set key dates for adoption (April 9), hearing (May 7) and vote (May 20).

Denise Wist, the district’s School Business Official, presented the preliminary budget framework for 2025–26, describing the three components — Administrative, Program and Capital — and the district’s estimated revenues. Wist told the board the primary driver for the recommended change to the levy was a drop in debt service payments: "The decrease in debt service payments alters our ability to levy taxes." The board recorded consensus to present a tax levy at -0.2%; Vice President Erin Seeley stated a preference for a 0% levy but did not prevail in the consensus recorded.

Wist outlined the budget calendar: the board is scheduled to adopt a final budget on April 9, hold a public hearing on May 7 and conduct the budget vote on May 20. She also described follow-up budget adjustments and the list of propositions planned for the ballot. No formal vote on the budget itself occurred at the meeting; the board directed staff to prepare the budget for the April adoption meeting.