Mamaroneck Schools Superintendent Dr. Paul Fried unveiled his recommended budget on Tuesday, March 16. The bottom line is a 2010-2011 budget of $122,695,077, or $1,769,317 more than last year.
Editor’s Note: Check back Thursday for full details on the budget.
The recommended budget represents a 1.47% increase in dollars and would require a 1.42% increase in the tax levy, which translates into a 2.81% increase in the tax rate. This is a significant reduction from the last set of recommendations, which would have required a tax rate increase of 4.45%.
On a typical property assessed at $20K:
- The tax rate = $759.46 per $1000
- Annual cost to taxpayer before STAR = $14,722
- Increase: $414.94 per year; $34.58 per month
Dr. Fried’s budget recommends cutting 52.8 positions, including 11.6 teachers.
There were no additional reductions recommended since the last budget session. Increases are smaller than before because the district has been able to get better estimates of revenue and expenses.
This version of the budget restores two positions at the high school: a full-time English teacher and a part-time financial aid person ($35K).