BROCTON - The Brocton Central School District adopted the proposed 2013-2014 general fund budget in the amount of $15,298,333 on Thursday, April 18.
The budget will go to a vote on Tuesday, May 21. The budget is an almost 4 percent increase over last year, but the increase to the tax levy is slightly under 2 percent - 1.99 percent. The district could have increased the tax levy by 6.1 percent and still have been within the property tax cap regulations.
Under the proposed budget, the district will use reserves in the amount of $195,440 and the unrestricted fund balance in the amount of $460,000 to offset property taxes.
The state aid increase that came with the final state budget will be used to reduce the amount of reserves used to offset the tax levy.
"Nothing has changed since the last budget presentation," School Treasurer Betty DeLand said.