Highlights from Supt.'s Recommended Budget: Review Session #4
This was the fourth Board of Education meeting dedicated to a comprehensive review of the 2021-2022 Superintendent's Recommended Budget, providing the Board and community a chance to drill down to the details of various budget sections. (For the previous meeting summaries, see the Budget section of the District website.)
Revenues and Fund Balance
State Aid
This increase in State Aid brings the total amount of State Aid projected for 2021-2022 to $8,176,762, representing a $521,879 (or 6.82%) budget-to-budget increase over the current year and translates to a reduction of the tax levy cap from 1.3% to 1.2%. State Aid makes up about 5.6 % of all District revenues.
Other Revenues More than 90% of revenues is derived from property taxes. Details on all revenue sources were presented.
Reserves
Comparable Rankings with Other Districts: High % of Budget on Instruction and Programs with Low Per Pupil Costs
Also presented was data on expenditures in various categories and how those expenditures rank against other districts regionally. Benchmarked against 45 school districts in the Lower Hudson Valley Westchester region, Mamaroneck's percentages of overall budget expenditures on instruction, teaching and student support services (vs. administrators and non-instructional areas) ranked in the upper tier, while per pupil costs ranked low compared to other districts.
Upcoming Meetings
1000 W. Boston Post Rd. • Mamaroneck, NY 10543 • (914) 220-3000 |