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WPCNR SCHOOL DAYS. By John F. Bailey. February 23, 2004: The Annual Budget Committee learned that the wiggle room in the $145 Million projected school budget was slim to none, and were advised that any decrease (or increase) depended on the new city assessments data for 2004 that is due from the City Assessor next week. At that time, (March 1) Assistant Superintendent for Business Terrance Schruers and Superintendent of Schools Timothy Connors said the City School District would be able to finalize its Premiliminary Budget which they hoped to present to the Annual Budget Committee March 3.
Mr. Schruers said that the school district has trimmed $200,000 off the $145M rough budget, by dedicating $200,000 of grants towards the All-Day Kindergarten transition. He told WPCNR he was expecting the commercial assessments and homeowners’ assessments to be “a wash,” when Eydie McCarthy the City Assessor delivers the information next week.
Schruers reported he was expecting the city to give him the numbers on the PILOT payments for 2004-05 for the following projects: City Center, Bank Street, The Jefferson, Clayton Park and South Kensico. In effect, if assessments are a “wash,” as Mr. Schreurs expects, the budget at this time is sitting at $145,340,666, a 7.95% increase from the 2003-04 budget of $134,632,632.
Mr. Schruers and Mr. Connors also proposed allotting a $3 Million surplus expected from 2003-2004 in part to pay for sharply increased teacher retirement contributions to the state, and $1.5 Million of that surplus placed into the general fund for 2004-05. They are asking the Board of Education to approve bonding in small amounts for court ordered tax certriori payments.





