Montauk School Proposes $19 Million Budget

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MONTAUK 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. in the Montauk School Gymnasium.

Total District Budget: $19 million

Spending Increase, Dollars: $367,782

Spending Increase, Percentage: -1.97 percent

Piercing State Cap? No.

Proposed Tax Levy: $17.1 million

Current Tax Levy: $16.8 million

Tax Levy Increase: 1.83 percent

Projected Tax Rate*: $548.85 per $1,000 of assessed valuation

Current Tax Rate: $538.98 per $1,000 of assessed valuation

Tax Rate Increase: 1.79 percent

*Based on estimated property assessments.

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