COLTON Through their second round of budget talks, Colton-Pierrepont Central School officials said, their overall spending plan has increased by approximately $500,000.
Colton-Pierrepont officials are working on a 2014-15 budget with appropriations of $10,340,000, up from $9,840,000 in the 2013-14 spending plan.
The budget also shows a revenue increase of $130,000 and total tax levy of $7,060,000.
The major things are calculating our tax cap, and we are currently at 0.86 percent, which equals just over $60,000. That is big news, Superintendent Joseph A. Kardash said. If you add what we will get in aid, and what we get in taxes, we are still short $310,000.
The budget breakdown for 2014-15 includes numerous factors that are anticipated to affect the final numbers.
They include an anticipated increase of $150,000 in special education needs, increased health care costs of about $160,000 and the reduction of a school psychologist, which will subtract $37,000.
Mr. Kardash said one of the boards hopes is that state lawmakers will reach a budget deal that calls for the end of the Gap Elimination Adjustment. The GEA was enacted for the 2010-11 fiscal year in an effort to help close the states then-$10 million budget deficit. A portion of the funding shortfall was divided among all school districts in the state and reflected as a reduction in state aid.
The board is expected to have additional discussions on the budget at its next regular meeting March 19.