The March 26, 2025 Budget Workshop in New York focused on the proposed budget of $56,056,900 for the upcoming fiscal year, marking a $2.3 million increase from the previous year. The meeting highlighted key budget drivers, including rising costs in health benefits, contract obligations, and the reinstatement of summer school programs.

A significant portion of the budget, approximately 77%, is allocated to instructional programs. The revenue sources are primarily derived from local taxes, which account for 51%, and state aid, contributing about 39%. The budget proposal includes an increase of around $150,000 for summer school programs, which had previously been funded by federal grants that are no longer available.

Concerns were raised regarding the rising costs of health benefits, with a reported 20% increase in pharmaceutical premiums and a 9.5% rise in overall health costs. Additionally, employer retirement contributions are expected to increase by approximately $120,000 due to changes in the rates for the Employees' Retirement System (ERS).

The discussion also touched on the tax levy, with a recommendation to increase it by 3.56%, resulting in an additional $1 million, bringing the total to $29 million. This decision is crucial as it impacts future tax calculations, especially with anticipated pilot taxes that could affect revenue projections negatively if not addressed.

The meeting concluded with a recognition of the ongoing challenges faced by the district, including the need for careful financial planning to avoid future deficits. The board emphasized the importance of aligning expenses with revenue and the potential need for significant decisions in the coming years to maintain fiscal stability.