Apr 25, 2012 11:51 AM
The Quogue School Board adopted a $7.68 million spending plan last week that will keep the district below the new tax levy cap that’s being implemented by Albany this year.
According to a press release issued by School Superintendent Richard Benson, next year’s budget represents a $129,772 increase in overall spending, or 1.72 percent, from the current year’s $7.55 million budget.
The adopted spending plan comes with a 1.76 percent increase in the tax levy—or the amount that a school district can raise in property taxes—from $6.86 million this year to $6.98 million next year. Because the board did not pierce the cap, only a majority of taxpayers must sign off on the spending plan on May 15 for it to pass. According to Mr. Benson’s release, the district could have raised... more
According to a press release issued by School Superintendent Richard Benson, next year’s budget represents a $129,772 increase in overall spending, or 1.72 percent, from the current year’s $7.55 million budget.
The adopted spending plan comes with a 1.76 percent increase in the tax levy—or the amount that a school district can raise in property taxes—from $6.86 million this year to $6.98 million next year. Because the board did not pierce the cap, only a majority of taxpayers must sign off on the spending plan on May 15 for it to pass. According to Mr. Benson’s release, the district could have raised... more
