Schools

2011-12 Mineola School Budget: A Voting Primer

Be informed before you head to the polls on May 17.

As part of Patch’s month-long series , the Mineola Patch is bringing you a primer on the recently adopted school budget for the 2011-12 school year.

The total amount of the 2011-12 Mineola , representing an increase of $4,093,065 in spending or a 5.11 percent raise over 2010-11.

The 2011-12 tax levy – what the District will ask the community to contribute – would be $74,798,377, an increase of $1,734,364 over 2010-11, or 2.37 percent. It is the fourth year in a row that Mineola has put forth a tax levy increase under 2.5 percent.

Find out what's happening in Mineolawith free, real-time updates from Patch.

Key to understanding the budget is a $2,625,211 transfer to a capital line for the . Without the $2.6 million for included, the adjusted budget would be about $81.4 million, a $1.26 million increase over 2010-11, or 1.58 percent.

The $2.6 million amount is comprised of $2.129 million for Hampton, paid out of the designated fund balance and $495,561 for the , paid through the tax levy. 

Find out what's happening in Mineolawith free, real-time updates from Patch.

If the budget were to fail at the polls, the district would reduce the budget by $2.8 million.

In order to arrive at that amount of contingency reductions, the district would remove both the Hampton and Meadow projects as well as equipment and an additional $26,565 from various areas which have yet to be determined.

Regardless of passage of the budget on May 17, the Hampton Project will still move forward.

If the budget were to fail on May 17, the $2,129,650 for Hampton will be transferred to the capital reserve fund prior to June 30, 2011 and a vote to spend the money will take place sometime in the 2011-12 school year, most likely during the summer.

If that vote fails, the would become the South school in .

The budget vote will be held on May 17 at the various school buildings.


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