Southampton Budget projections

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SOUTHAMPTON SCHOOL DISTRICT 2015-16 BUDGET PROPOSALTotal District Budget: $65,103,073

Spending Increase, Dollars: $2,874,375

Spending Increase, Percentage: 4.62 percent

Piercing State Cap?: No

Proposed Tax Levy: $52,608,247

Current Tax Levy: $50,737,842

Tax Levy Increase, Dollars: $1,870,405

Tax Levy Increase, Percentage: 3.69 percent

Projected Tax Rate*: $2.387 per $1,000 of assessed value

Current Tax Rate: $2.40 per $1,000 of assessed valuation

Tax Rate Decrease: -.54 percent

*Based on estimated property assessments.

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