Click here: 2022-23 school budget development
Click here: 2022-23 Budget Q&As
Voters approve $105,823,385 million 2022-23 school budget and bus proposition
Minisink Valley School District residents approved the proposed 2022-23 $105,823,385 school budget in a 874 to 713 vote.
The results showed 55 percent of voters approved the budget.
The approved budget maintains all current student programs and services.
This budget increases spending by $3,573,216 from the current year, and includes a 3.89 percent tax levy increase.
The proposed 3.89 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 needed a simple majority to be approved.
Voters also approved Proposition 2, in a 869 to 714 vote — a 54 percent voter approval, which now gives the district the authority to purchase 15 school buses in the amount of $2,282,155, continuing the district’s 10-year replacement bus plan. State aid will cover $1,711,616 or approximately75 percent of the total cost. The net cost to the district, after state aid is applied, is $570,539.
Other financial information:
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
Additional Resources
- “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.
