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Proposed budget holds line on taxes

When they go to the polls May 15, residents of the Silver Creek School District will consider a proposed 2007-08 budget that holds the line on taxes.

School Board board members Wednesday authorized a $18,397,666 budget that reflects an $828,976 increase, or 4.72 percent, in spending from this year's figure.

The increase is offset by state aid, officials said.

The budget implements a voluntary prekindergarten program and a new academic wrinkle, a specified room staffed with teachers to help students improve their English and math skills.

The tax rate for residents of the towns of Hanover and Brant would remain at $18.32 per $1,000 of assessed value, and for town residents of Sheridan, $24.43 per $1,000.

The amount to be raised by taxes is $5,463,609.

The bulk of the spending is for teacher salaries and other instructional expenses -- at $14,730,375 -- or about 80 percent of the spending plan.

Capital improvement projects were budgeted at $2,268,696. Voters in March approved a $10 million project that includes a new roof on the elementary school building and several other projects.

The bulk of the work is funded through state grants.

The administrative portion of the budget, including salaries, is $1,398,595 and accounts for about 7.6 percent of the budget.

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