The 2020-21 $99,996,558 school budget
- Approved budget: $99,996,558
- Tax levy: 4.81%
- Net tax levy: 3.94%
- 100% tax cap compliant
- This proposed budget preserves all current academic, co-curricular and athletic programs and opportunities.
- No bus proposition was offered this year
Minisink Valley School District residents approved the proposed 2020-21 $99,996,558 school budget in a 3,060 to 2,305 absentee ballot vote.
The results showed 57 percent of voters approved the proposed budget.
The approved budget maintains all current student programs and services.
This budget increases spending by $4,681,570 from the current year, and includes a 4.81 percent tax levy increase.
The proposed 4.81 percent increase in the tax levy – total amount of money to be raised through property taxes – is within the New York State tax cap requirement. The proposed budget needs a simple majority to be approved.
“We are tremendously grateful to voters for approving this budget,” said Superintendent Brian Monahan. “Everything which has been in place for this current school year will be maintained in the upcoming school year. This budget is extremely respectful of taxpayer dollars, is tax cap compliant and allows us to continue to provide the best possible education to the children in the Minisink Valley community. Thank you for your continued support of our efforts and for the trust you give us to educate your children.”
To further control costs, the district didn’t present a bus proposition this year. After a meticulous review of the fleet’s condition and maintenance records, the Transportation Department, in conjunction with the superintendent, determined it can hold off requesting bus replacements for one additional year, assuring the fleet’s safety and reliability.
- “Budget 101” Fact Sheet
- The Three Numbers Under the NYS Tax Levy Cap
- NYS Tax Levy Cap: How Does it Add Up?
Please call the Business Office at 355-5120 if you need assistance reading the above documents.
The Audit Committee and Financial Statements
School district finances are subject to internal and external auditing, which promote both accountability and transparency. The Minisink Valley Central School District Audit Committee, which is made up of Board members and community members, is charged with providing independent advice, assistance, and recommendations to the board in the oversight of the internal and external audit functions.
Each year, in accordance with New York State regulations, an independent auditor conducts a review of the district’s financial statements. After the audit is completed, it is reviewed by the Audit Committee and accepted by the Board. This typically takes place in the fall.
Audit reports are listed in the “More Information” column of this page.
The Capital Improvement Project
Minisink Valley Central School District voters approved a $36.9 million capital improvement project by a vote of 559-171 on Feb. 7, 2017. To learn more: The Minisink Valley School District $36.9 capital improvement project