Board Of Ed Adopts Budget

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After months of reviewing the budget line items page by page, the North Shore Board of Education unanimously adopted the 2015-16 Budget Proposal on April 16. Earlier this year, trustees agreed not to exceed the cap. On May 19, the community will vote on a total budget of $97,575,530 (Proposition 1), representing a budget-to-budget increase of 1.80 percent from last year.

NSBudget_050815AFrom the superintendent’s initial budget presentation in January, trustees removed $276,318 to remain under the permissible tax levy limit. Additionally, the board of education decided on a tax levy for 2015-16 that is $139,898 below the allowable tax levy cap established by New York State.
Also on the ballot will be Proposition 2. Trustees are asking the permission of residents to utilize existing funds (not to exceed) $3,146,154 in the capital reserve for the following projects: boiler replacement at the Sea Cliff Elementary School; heating and ventilation work at the Glen Head Elementary School, North Shore Middle School, and North Shore High School and duct work at the North Shore High School including all labor, materials, equipment, apparatus and incidental costs.

The capital reserve is a fund set aside to use for specific projects that are long-term investments. Since this money is already in the capital reserve fund, it will not increase taxes for residents.
A town meeting and budget reading will be held on Thursday, May 7 in the North Shore High School library at 7:30 p.m. Voter registration will take place on Tuesday, May 12 from 4 to 8 p.m. in the central office at 112 Franklin Ave., Sea Cliff.

The budget vote/election of trustees is on Tuesday, May 19, in the North Shore High School gymnasium from 7 a.m. to 10 p.m. Information regarding the school budget and voter registration can be found on the district website at www.northshoreschools.org.

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