Anticipated revenues

This chart offers a summary of anticipated revenues for 2025-26. The primary sources of revenues are from state and federal aid, along with the tax levy and local revenues (sales tax). Tax levy refers to the amount of money collected from property owners within our district boundaries.

The use of reserves will help to offset budget expenses for workers compensation, unemployment, and retirement contributions. The utilization of reserves to offset specific expenditures has been instrumental toward balancing the budget and minimizing the tax impact.
 
 Total for balanced budget: $102,511,478


Transfers/
Capital Outlay
$100,000
0%
 Reserve use
$3,133,748
3%		 Federal Aid
$130,000
0%
State Aid*
$46,539,639
45%
 Summary of revenues Tax Levy
$44,752,159
44%

Local Sources
$7,855,932
8%
*The final revenue projections are incomplete pending an adopted New York State budget.
 

 Balancing the budget
Expenses  $102,511,478
Revenues (excluding levy)  $54,625,571
 Levy needed  $47,885,907
   
Proposed levy (3%)
($827,851 below the maximum
allowable levy limit of 4.91%)		  $44,752,1597
Planned use of reserves*  $3,133,748
 = Balanced budget

* Workers' compensation
Unemployment
Retirement contribution