The tax rate increase would be less than 4 four percent, but fiscal constraints would ease, and spending would increase by almost 7 percent, Franklinville Central School District Superintendent Terence M. Dolan said of the proposed budget he will ask the Board of Education to approve April 14.
At that time, the board will schedule a public hearing. The public will vote on the budget May 17.
Dolan said Thursday afternoon he was awaiting word on the amount of state aid the district would receive under the state budget adopted in Albany. He refused to provide numbers from his proposal because he said they could change once he gets updated aid figures.
For the current year, district voters approved a $12.9 million budget, with the tax rate increase of 4.9 percent. The tax rate was about $20.13 per $1,000 assessed valuation, and spending rose by about 4.7 percent. If Dolan's projections hold up, property owners could expect a tax rate of about $21 per $1,000 for the coming year in a budget approaching $13.9 million.
He said the budget should not require as large an amount as in past years from reserve funds.
Dolan said he intends to ask for $110,000 from a special reserve fund to pay retirement benefits and $50,000 from repair reserves for improvements around the school.
At its meeting last week, the board approved contributing $456,000 as its share of a $10 million capital improvement project under consideration by Cattaraugus-Allegany Board of Cooperative Educational Services, Dolan said.