The New Rochelle Board of Education voted last night to adopt a 2012-12 proposed budget of $230,872,398 with an estimated tax increase of about 4.5%. The budget represents a 2.66% increase from last year’s budget.
Funding for non-mandated out-of-district busing for private and parochial students was partially restored and there will be fewer teacher layoffs than initially announced. The transportation budget was cut by $750,000 down from the original projected cut of about $1.9mm.
Schools Superintendent Richard Organisciak said 35 employees may be laid off down from 100 in the initial proposed budget due to 46 retirements and resignations, an increase in state aid and the employee union foregoing a wage increase in the first year of the new 3-year contract which will be made up on the back end of the contract with subsequent increases of 2.1% and 2.6%.
There will be a purported salary freeze for Schools Superintendent Richard Organisciak and Assistant Superintendents.
There will be a public hearing on the budget at New Rochelle High School on May 3rd at 7:30 p.m. There will be a referendum on the tax levy contained in the budget on May 17.