Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Business official previews budget timeline, tax‑levy threshold near 1.85% and capital propositions under $6 million
Summary
Officials previewed tax‑levy calculations (roughly 1.85% for 2026‑27), proposed capital reserve language and highlighted capital items totaling just under $6,000,000; detailed revenue/expenditure review set for next meeting and budget adoption for March 26.
The district's business official reviewed the budget calendar and reported that the district's approximate tax‑levy threshold will be about 1.85% for the 2026‑27 school year. He said a full revenue and expenditure spreadsheet will be presented at the next review meeting and that adoption is scheduled for March 26. "Our approximate tax levy threshold... will be about 1.85% for the 26‑27 school year," he said.
The presentation flagged capital items for possible propositions; highlighted items currently total just under $6,000,000 and the subtotal of proposed proposition items was presented as roughly $4,700,000. The business official said final proposition language will be provided at the following meeting. Board members asked for more detail about how purchases routed through BOCES affect net cost and state aid reimbursements; the official said moving items through BOCES can increase upfront cost but may yield state aid reimbursements the following year.
