Williamsville schools seek approval for capital reserve fund - The Buffalo News

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Williamsville schools seek approval for capital reserve fund


What you need to know: A better-than-expected increase in state aid helped the district add several equipment purchases that have been put off in recent years, including musical instruments, gym equipment and science and technology items. Spending cuts in the budget came through reductions in administrative staff, the reorganization of the district’s technology department and negotiations over health care costs with unions. The district also plans to continue to roll out its one-to-one iPad program next year from fifth grade to sixth grade as part of several technology initiatives Williamsville administrators hope to undertake during the 2014-15 school year.

Candidates (Elect 3):

• Patricia M. Losito (i), 51, a professor and department chair of nursing at Erie Community College

• Michael J. Schmidt (i), 39, senior manager for business and risk control for HSBC Bank

• Ronald S. Shubert (i), 62, partner in the law firm of Phillips Lytle

Click here for more information on the candidates, including their positions on key issues: http://elections.buffalonews.com/electionresults/com/33

Total budget: $173,956,594, up 2.33 percent

Tax levy*: $113.38 million, up 2.61 percent

Tax levy increase allowed under tax cap: 2.70 percent

Estimated property tax rate per $1,000 of assessed value: $19.11, up 1.37 percent

Proposition: Approve a new capital reserve fund for future districtwide construction and infrastructure projects. Approval would allow the district to transfer unappropriated fund balances into the capital reserve fund of up to $18 million.

Polls open: 7 a.m. to 9 p.m. in the gym at North High School, 1595 Hopkins Road.

For complete coverage and results of the election, come to BuffaloNews.com Tuesday night.

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