Press-Republican

Local News

April 20, 2014

Ti schools expect to make cap

TICONDEROGA — The Ticonderoga Central School District expects to stay within the state tax cap with its new budget.

This year’s tax levy was $10.8 million, and with the 2 percent state tax cap, the 2014-15 budget could not exceed $10.95 million.

After several workshops, the district is $172,387 over the cap but will be able to bring it under by the time the budget is finalized, Superintendent John McDonald Jr. said.

“We are not looking to cut anything, and our gap is very manageable, particularly considering the last four years (of cuts),” he said by email.

“We are adding an elementary teacher due to enrollment trends, as well as increasing our administrative positions to handle APPR (Annual Professional Performance Review).”

The district also has a project to replace doors at the Elementary-Middle school for increased safety and security.

By coming in under the state tax cap, the budget vote on May 20 will require only a simple majority to pass instead of the 60 percent supermajority that districts need when a budget exceeds the cap.

The budget has $153,120 in increased employee costs, including a 17 percent State Teacher Retirement System increase, plus $140,506 for a 3 percent hike in health-insurance costs.

State aid is up 6 percent, from $6.6 million to $7.06 million.

The total budget is increasing from $18.5 million this year to $19.2 million for 2014-15.

The budget is slated for another work session and adoption at 7 p.m. Thursday, April 24, at the High School.

All meetings are open to the public.

Email Lohr McKinstry:lmckinstry@pressrepublican.com

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