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.