Vote on New Rochelle Schools Budget to Be Held Tuesday
New Rochelle Patch - almost 5 years
New Rochelle School District voters have to make a decision Tuesday whether to approve a $234 million spending package to fund the 2012-13 school year.
"We want to get the word out that people should come out and vote," said Superintendent Richard Organisciak.
The budget the school board approved and sent for voter approval is $234,174,978, up 1.43 percent over the adopted 2011-2012 budget of $230,872,398.
The amount of taxes the school district has to raise in order to pay for the spending—the tax levy—is $185,766,917, which is a 2.13 percent increase over the 2011-12 tax levy of $181,889,144.
The increase exceeds the state mandated tax cap of 2 percent because certain costs such as pension contributions are excluded.
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A tax rate increase of 4.13 percent is estimate by the district. The actual tax rate will be d
New Rochelle Patch article