Click here: 2024-25 school budget development
Click here: 2023-24 school tax information
Voters approve $113,183,308 revised 2023-24 school budget
Minisink Valley School District residents approved the revised $113,183,308 school budget for the 2023-24 school year in a 1,459 to 818 vote on June 20.
The results showed 64.08% of voters approved the budget.
The approved budget includes $1,071,000 in cuts from the initial proposed budget rejected by voters on May 16.
This budget increases spending by $7,359,923 from the current year, and includes a 1.65% levy increase.
The proposed 1.65% 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.
The $1,071,000 in budget cuts include elimination of the 5 p.m. late bus runs along with related reductions in Transportation hours; and no Summer School, which also includes not hiring approximately 50 people.
Other reductions include Bus Bond Anticipation Note (BAN) principal and interest payments and reductions in the Pupil Personnel Services (PPS) Department due to out-of-district students leaving Minisink Valley.
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
- “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 845-355-5120 if you need assistance reading the above documents.