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Partly Cloudy,84°
Tuesday, September 2, 2014
F.S. school district budget explained
(Page 3 of 3)
Christina Daly/Herald
Franklin Square School District Superintendent Patrick Manley

As always, a commitment to maintaining excellent programs and keeping Franklin Square’s school taxes among the lowest in Nassau County have been the guiding forces in the development of the 2013-14 budget. Multi-year financial planning, such as the use of reserve funds, has helped greatly in reaching this goal. These financial decisions coupled with a devotion to the well-being of our children, as demonstrated through staff pay freezes, allow us to present a 2013-14 budget that enhances programs, facilities, and transportation at a total operational expenditure increase of 1.08% or $370,303. The addition of mandated retirement costs bring the total budget to budget increase to 3.28% and the tax levy increase to 3.37%. A tax levy increase of 3.37% is within the guidelines of the property tax levy legislation that requires a simple voter majority for approval. The estimated tax impact of the 2013-14 Budget is a $107 increase in taxes on the average home in Franklin Square. Retirement costs account for $72 of this increase and all other spending, including the Pre-Kindergarten Program and the 1:1 Computing Initiative, accounts for only $35.

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