Vote: MAY 20, 2025 from 8 a.m. to 8 p.m., Greenwich School Primary Gymnasium.
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2025-2026 Budget Calendar
CURRENT DRAFT
2025-2026 Budget Summary
The proposed budget for the 2025-2026 fiscal year is $26,359,586, reflecting a 3.4% increase from the previous year.
The estimated revenue for 2025-2026 fiscal year is $25,716,559, a 1.3% increase.
Funding Sources:
- Tax Levy: $12,825,800 (+2.36%) Click here for more Tax Levy information
- State Aid: $12,052,775
- Other Revenue: $837,984 (Federal, interest, Pilots, refunds & tuition)
- Fund Balance: $642,000 (use of restricted and unrestricted reserve funds)
Budget Allocation:
- Salaries & Wages: $11,819,131 (+3%)
- Benefits: $7,582,046 (+8%)
- Program Costs: $11,797,417 (0.05% decrease)
- Facilities: $1,431,718 (<1% increase)
- Transportation: $1,052,361 (+5%)
- Administrative Costs: $1,957,222 (+4%)
- Debt Service: $2,373,721 (+11%), offset by additional State Building Aid
Salaries, wages, and benefits account for 73% of the total budget, ensuring continued investment in staff and student programs while maintaining fiscal responsibility.
2025-26 Budget Proposal
- 3-Part Budget
- Budget Proposal
- District Newsletter
- Property Tax Report Card
- School District Budget Notice
Click here to see what's on the BALLOT
- Equipment Proposition: (2) 71-passenger school buses (diesel) at a cost of, not to exceed $345,000.
- Greenwich Library Proposition: to increase the appropriation from $159,738 to annually.
(for more information, please visit greenwichfreelibrary.org)
- Easton Library Proposition: to increase the appropriation from $49,321 to $50,639 annually.
- Board of Education Election:
- To elect a five-year term commencing July 1, 2025, and expiring June 30, 2030, to succeed Michael Conlin whose term expires on June 30, 2025.
Notice Of Annual Meeting, Budget Vote, and Election
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Presentations
- Budget Hearing, May 12, 2025
- BOE Meeting, April 7, 2025 - JSHS Instruction & Athletics
- BOE Meeting, March 10, 2025 - Pupil Personnel & Elementary Instruction
- BOE Meeting, February 10, 2025 - Technology, Facilities, & Transportation
- BOE Meeting, January 13, 2025 Budget Development
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Supplemental Reports
Reference Information
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Budget Vote Results
Annual Budget Proposition Yes No
Equipment Proposition Yes No
Greenwich Library Proposition Yes No
Easton Library Proposition Yes No
Five-Year Term:
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The "Tax Cap" in New York State
New York places restrictions on how school districts (and municipalities) may increase their tax levies. It requires at least 60 percent voter approval for a school budget if the proposed tax levy increase exceeds a threshold, known as the tax levy limit, which is unique to each district and calculated using a state formula. The 2025-2026 tax levy is at the "Cap" of 2.36%.
Information on Property Tax Levy Cap
Tax Rate = (Tax levy / Assessment) x 1,000
Property Tax = Tax Rate x (Assessed valued / 1,000)
i.e. - $15.00 x (250,000/1,000) = $3,750 (before STAR exemption or credit)
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Proposed Tax Levy $12,825,800
Tax Levy Increase $ 295,800 2.36%
Homeowner Impact - How will this affect my property taxes?
The budget adopted by the Board of Education represents an estimated tax levy increase of 2.36%. Any attempt to determine tax rates in May must be regarded as strictly an estimate. All other factors being equal, taxes would increase $40 on a $100,000 home. The following items are required for determining the actual tax rates:
Assessed Valuation by Towns: This information is not officially available from the Town Assessors until July. Increases will lower the tax rate.
Equalization Rates: These rates are established by the New York State Office of Real Property Tax Services and may change each year. In the past, changes have been made to equalization rates as late as mid-August.
| Home Value |
Estimate Increase |
| $150,000 |
$49 |
| $200,000 |
$65 |
| $250,000 |
$81 |
| $300,000 |
$97 |
| $350,000 |
$114 |
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Thank you to the entire Greenwich School Community for your continued support
of the Greenwich Central School District's commitment to excellence!!