Voters approve $120,342,342 school budget for the 2024-25 school year
Minisink Valley School District voters approved the proposed $120,324,342 school budget for the 2024-25 school year in a 1,500-to-1,074 vote.
The results showed 58.28 percent of voters approved the budget.
The approved budget maintains all current student programs and services in addition to reinstating summer school for High School/Middle School students and the 5 p.m. bus run. The approved budget also allows the district to purchase 10 large, 72-passenger buses, three wheelchair, 42-passenger buses and two, 30-passenger buses.
The approved budget has a 2.31 percent tax levy increase, below the 2.77% maximum tax levy allowed. This increase in the tax levy – total amount of money to be raised through property taxes – is within the New York State tax cap requirement and needed a simple majority to be approved.
Click here: 2024-25 school budget development
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 845-355-5120 if you need assistance reading the above documents.
