The Cornwall Central School District Board of Education held a business meeting on April 24, 2025, to discuss the proposed budget for the 2025-2026 school year, which totals $92,986,803. This budget reflects a 3.02% increase from the previous year and includes a proposed tax levy of $1,444,371, representing a 2.75% increase.

During the meeting, officials provided estimates for residents regarding potential tax impacts based on property values, indicating that homeowners could see changes in their tax bills depending on the assessed value of their properties. The discussion emphasized the importance of understanding these figures, especially in light of the uncertainties surrounding state funding.

The board also addressed the implications of a potential 0% tax levy increase, which would necessitate significant budget cuts amounting to $1.4 million. This scenario was described as a "no fun zone," highlighting the challenges the district faces in maintaining financial stability.

A key point of discussion was the establishment of a new capital reserve fund, as the district has exhausted previous reserves. This new fund aims to support future capital projects and ensure the district can continue to meet its infrastructure needs.

The meeting also touched on the uncertainty of state aid, with officials noting that while the current figures have not changed from the governor's proposal, there remains a possibility for adjustments. The board discussed strategies for managing both potential increases and decreases in state funding, emphasizing the importance of the district's fund balance as a buffer.

As the meeting concluded, a resolution was presented to approve the proposed budget and tax levy, prompting a motion and second for a vote. However, board member Tiffany expressed her opposition to the budget, indicating a desire for further discussion on the matter.

The budget vote is scheduled for May 20, 2025, marking a critical decision point for the Cornwall Central School District as it navigates financial planning for the upcoming school year.