YORKTOWN, N.Y. The Yorktown Board of Education has adopted a $92.17 million budget for next year that falls almost $1 million below the state mandated tax cap.
In addition, the district received $190,000 more than expected in state aid, half of which was applied to reduce the proposed tax increase.
"Wherever we can, we always try to give more back to the taxpayers," said school Trustee Michael Magnani.
If voters approve the 2012-13 spending plan on May 15, school taxes for property owners in Yorktown will jump 2.3 percent and in Cortlandt 3.57 percent. Residents in the New Castle portion of the district will see a nearly 2 percent decrease.
Spending in the budget will increase only 1.1 percent, with the assistance of utilizing $1.28 million from the district's fund balance.
Superintendent of Schools Ralph Napolitano said over the last five years the district has consistently "right-sized" its resources to match changing demographics and derived significant cost efficiencies from capital projects and infrastructure upgrades.
Board President Jackie Cerbone said the changes that have been made are noticeable.
"You've done a tremendous job on this budget," she said. "We're very lucky to have such wonderful administrators in this district who have been so fiscally responsible the last four or five years."
Yorktown serves approximately 3,600 students in six schools. It is projected there will be 92 less students district-wide next year.
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