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Oyster Bay-East Norwich board reviews 2026–27 budget that stays within tax-cap limit
Summary
District administrators presented a proposed 2026–27 budget of roughly $69.4 million with a proposed tax levy around $61.4 million (about a 1.54% increase), citing transportation and health insurance as the largest cost drivers and outlining reserve usage and vote dates.
District finance staff summarized the proposed 2026–27 spending plan and revenue framework.
"The proposed tax levy for 2627 is approximately $61,400,000 which represents an increase of 1.54 and remains within the allowable tax levy limit," the presenter said, noting revenue composition of approximately 89% from the tax levy, 5% from state aid and 6% from other revenue. The total proposed revenue budget was presented as about $69.4 million, an increase of roughly 1.59% over the current year.
The administration highlighted major expenditure pressures: contracted transportation is expected to increase by over $400,000 and health insurance premiums by a similar amount. Special-education (IEP-mandated) services were emphasized as legally required and a significant cost driver that can change midyear when placements or provider arrangements change. To reduce next year's levy, the budget includes a planned appropriation from fund balance (about $1.5 million). The presentation also reviewed function-code reporting and the district's five-year trends in levy and expenditure growth.
The board was given the budget calendar: budget adoption (April 21), a public budget hearing (May 5) and the budget vote on May 19. Administrators also directed residents to the budget materials posted on BoardDocs and the district website.
Why it matters: The budget frames next year's school programs, staffing and capital priorities while remaining constrained by New York State's tax-cap rules.
