Greenport school budget may pierce tax cap - The Suffolk Times
Greenport school budget may pierce tax cap A sign outside the closed Greenport High School last year. (Credit: Grant Parpan) To close a projected $500,000 shortfall, the Greenport Board of Education may look to pierce the tax cap as budget planning gets underway for 2021-22. The proposed $20.5 million spending plan represents a 2.47% increase over last year’s $20.1 million plan. The district’s tax levy cap is currently set at 1.56%, though officials have presented a 4.85% tax levy increase in order to balance the budget. In an interview Monday, assist...
Source: timesreview.com