Wainscott School Board Pitches $3.1 Million Budget

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WAINSCOTT SCHOOL DISTRICT

2015-16 BUDGET PROPOSAL

The budget vote and school board elections will take place on Tuesday, May 19, from 2 to 8 p.m. at the Wainscott School.

Total District Budget: $3.1 million

Spending Decrease, Dollars: $49,127

Spending Decrease, Percentage: -1.58 percent

Piercing State Cap? No.

Proposed Tax Levy: $2.4 million

Current Tax Levy: $ 2.4 million

Tax Levy Decrease: -2.04 percent

Projected Tax Rate: $ per $ of assessed valuation (information not available)

Current Tax Rate*: $1.135 per $1,000 of assessed valuation

Tax Rate Increase: (information not available) per $1,000 of assessed valuation *Wainscott School Superintendent Stuart Rachlin said the district does not yet have information on current and projected tax rates since the district straddles East Hampton and Southampton towns. He said this year’s tax rate will be lower, however.

*Based on estimated property assessments.

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