Residents of school districts across the state go to the polls today to vote on budgets. These spending plans were created in the shadow of the state’s property tax cap program.
Most of the schools in New York state are offering budgets that keep tax increases below the state’s suggested two percent tax cap. These budgets are also increasing spending at an average rate of 2.6 percent.
To make up the difference, Tim Kremer, executive director of the New York State School Boards Association says most districts are dipping into savings.