Minisink Valley School District Proposed Tax Levy up by 2.3 Percent

The Minisink Valley School District’s proposed budget for the next school year stands at $120 million, up by about $7 million from the current year. The proposed tax levy goes up by about $1.2 million to $53 million, an increase just below the tax growth cap set by the New York State Comptroller’s Office. Much of the budget bump can be attributed to a $3 million purchase of school buses, with three-quarters of total costs to be reimbursed by the state over the next five years. “It is more cost-effective for us to do it that way for our taxpayers,” Superintendent Brian Monahan told The Epoch Times, adding that had the district borrowed money for buses next year, as routinely done in the past, it would mean more interest payments....