Board Adopts Budget for 2015-2016 School Year

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The Springs School Board of Education adopted the budget on April 20th  for the 2015-2016 School Year. “We are pleased that the members of the Board of Education adopted the budget," said Superintendent John J. Finello. "This budget allows for the continuation of an educational program of excellence for our students while staying within the limits of the tax levy cap. We think we're in pretty good shape, but it is a tight budget.”

The budget stays within the tax cap due to a reduction pension costs, tuition rate reduction at the high school, reductions found in Charter School-related services, tutoring costs, and professional development reductions.

The proposed budget for 2015-2016 is $27,363,316. Because the District has met the tax cap limitation for two consecutive years, this will result in a "tax-freeze credit" check mailed to the taxpayers of the Springs community.

A proposition will be included on this year's ballot for voter approval to release $2 million from the Capital Reserve to fund capital projects, such as re-configuring car line, moving the existing two ball fields, and modifying the rear parking lot. More information can be found in the "Board Meeting Highlights" found under "Quick Links" on the Springs School homepage.

Budget documents can be found on the school's website at: springsschool.org under "Board of Education" -- "Budget Information." A budget hearing will be held May 11th. Everyone is encouraged to attend. The hearing will take place in the school's Common Room at 6:00 p.m.

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