WPCNR SCHOOL DAYS. From White Plains Superintendent of Schools, Dr. Joseph Ricca. May 20, 2019:
It’s time for our Annual Budget Vote & Election. We are very proud of the budget we’re proposing for next year, which is fiscally responsible, tax-levy compliant, and supports 100% of our current programming. The plan also adds exciting new learning opportunities for our students and keeps high quality teachers in every classroom. It totals $226,588,508 and has a tax levy increase of 3.44%.
Also on the ballot are two propositions relating to Capital Reserves.
Proposition #1 asks the voters to approve (as we are required to do) up to $6.4 million in expenditures for school improvement projects throughout the district, from the already existing 2016 Capital Reserve Fund.
Proposition #2 asks for voter approval (again, required) to establish a new 2019 Capital Reserve Fund of up to $25 million over a period of 10 years, to replace the 2016 Fund which will be depleted. Monies will be accrued through annual appropriation of unexpended funds and other legally available funds. No additional taxes will be incurred by either of these propositions. \
We think you will agree that this is a responsible, economical method of maintaining our wonderful facilities, rather than relying on bonding which, in itself, has a high cost. You may wish to learn more by viewing this short video: https://youtu.be/TT3obcD1rO8