The city Board of Education will meet at 6:30 p.m. today to adopt a $25 million budget for the next school year that projects a 6 percent increase in the tax levy.
Superintendent J. Douglas Hay is recommending adoption of the budget after weeks of work by the staff and the board to produce a spending plan for 2011-12.
While total spending would decrease by 3.16 percent and the tax levy would go up by 6 percent, records show a decline in enrollment of 1.87 percent, to 1,418 students.
Three positions of teacher's assistant would be eliminated in the new budget, Hay said, and class sizes would stay at current levels.
Included in the proposed budget is $876,977 from a fund balance, leaving the school district with $873,977 in the fund for the next year. This represents 3.49 percent of the total budget available in the fund balance.
The board also will hear a report from President Robert W. Crandall naming the three finalists for the job of superintendent. Hay has announced plans to retire at the end of the school year.
A schedule for next week shows that the three candidates will each meet on separate days with community and staff followed by an evening dinner in Olean with the School Board.
The board also will vote on renewing a three-year contract through 2014 covering the support staff of 38, who would receive a pay increase of 55 cents an hour.