Hammondsport proposes a 1.97 percent tax levy increase

May 08, 2012 at 03:13 pm by Observer-Review


HAMMONDSPORT   ADVERTISEMENT

Hammondsport proposes a 1.97 percent tax levy increase

    HAMMONDSPORT—Residents of the Hammondsport Central School District will vote, May 15, on the proposed 2012-13 budget, equaling $12,128,717.
    This results in a 1.97 percent tax levy increase.  For residents in Pulteney, Tyrone, and Urbana with homes valued at $100,000, this means a projected tax bill increase of $12.60.  Wayne residents would see a $11.59 increase.  The numbers are also calculated with STAR reductions.  However, the district adds that actual tax rates cannot be determined until final assessment figures and the state equalization rate are available.
    The budget is broken down into three main components: administration ($1,214,203); capital ($1,861,673); and program ($9,052,841).  The program budget is for instructional salaries, clubs, transportation, and employee benefits.  Teaching costs increased by $83,689, while programs for students with disabilities decreased by $92,718.
    The largest increase in administration was $21,537 more in training.  Administration covers salaries of administrators, principals, and secretaries, as well as legal services and evaluations.
     The capital portion is for maintenance and operation of the grounds.  Most parts increased, including $49,422 in debt service.  However, plant operations decreased $40,547.
    Residents will also be voting on two additional propositions:
    • Hammondsport will purchase two 70-passenger buses and one 10-passenger van.  The total cost of purchase will not exceed $227,000.  There will be no impact on the 2012-13 tax levy and the district will liquidate the current transportation reserve.
    • Hammondsport will reestablish a capital reserve for transportation, lasting 10 years or until liquidated.  The maximum funding will be $600,000, with an initial $150,000 deposit.  The money can only be used for future, voter approved transportation equipment purchases.
    Voting will take place at the Main Street school lobby, from noon to 8 p.m.

  $element(adman,groupads,YatesRight1)$
Sections: Additional News