PHILADELPHIA â During its meeting Thursday evening, the Indian River Central School District Board of Education approved its proposed 2021-22 budget that will represent a slight decrease in spending from this year.
The district has proposed an $89,921,500 spending plan for the 2021-22 school year, an 0.84% or $166,954 decrease from this yearâs adjusted budget amount of $90,088,445.
The districtâs proposed tax levy to support the total budgeted amount stands at $2,583,574, a 3.04% increase over this yearâs $2,507,302.
âComparing whatâs proposed for the 21-22 budget against what the budget is currently, our $90 million budget, you can see that thereâs a slight reduction, almost $167,000,â said Indian River Central School Districtâs Business Manager Audrey Stevenson. âWeâre still estimating putting $1.5 million into the ERS (Employee Retirement System) reserve and $.525 million into the TRS (Teachersâ Retirement System) rese