The Penn Yan Board of Education got a first look at the 2019–2020 budget picture Feb. 13, with a presentation that Assistant Superintendent for Business Cathleen Milliman explained is simply a carry-over of this year’s budget, with no adjustments to individual line items. Mandated increases in such areas as salaries, benefits, and retirement expenses are included in this early plan.
The result is a budget to budget increase of just over $1 million, or 2.89 percent, translating to a tentative tax cap of 2.52 percent and a tentative tax levy increase of 7.72 percent.
Gov. Andrew Cuomo’s proposed budget includes a decrease in state aid of $94,673 or 0.59 percent. The largest aid decrease is a cut of $107,802 in the High Cost Excess Cost Aid.
The biggest budget increase since 2014-15 was 3.08 percent in 2016-17. The biggest tax levy increase in that same period was in 2014-15 at 2.49 percent.
Total 2018-19 spending approved by voters is just over $36 million, which is a 2.39 percent increase over 2017–18.
Milliman will continue meeting with principals to review department requests and will monitor state aid and benefit increases. Her next report to the board will be at the March 6 Board meeting.