Mount Vernon Board of Education approves proposed $251.9 million budget for the 2018-2019 school year
The Mount Vernon City School District Board of Education last night approved a proposed $251,979,860 budget for the 2018-2019 school year. The 0.89% tax increase is the lowest of all districts in Westchester and Putnam counties and the first tax rate increase since Superintendent Dr. Kenneth R. Hamilton and his administrative team took the helm in July 2014.
The budget is $5.8 million, or 2.36%, more than last year’s spending plan and includes a tax increase of less than 1%. The budget funds staff, programs and capital improvements that will keep the District moving toward the goals set forth in the Superintendent’s 20/20 Vision for Academic Excellence.
“Our focus remains first and foremost on student achievement and success, starting with our youngest students and remaining consistent through graduation” said Hamilton. “This budget supports the District’s move toward full-day pre-K for all students and the establishment of three theme-based high schools of choice which will open in the fall.”
The proposed budget, which goes before voters on May 15, includes:
- Five new pre-K classrooms, pre-K director, teachers, and staff
- Facilities, safety upgrades inclusive of fire alarms, exit lights, security systems
- Building restoration of Edward Williams School, including auditorium
- Complete restoration of Columbus School auditorium
- Vernon High School Culinary Arts kitchen renovation
- Phase 2 of the District’s reconfiguration to neighborhood pre-K-8 buildings
In March 2016, the school board unanimously approved the 20/20 Vision Bond to restore academic excellence in the District’s schools. The community overwhelming supported the bond. This marks the first year taxpayers will begin paying for the improvements being made district-wide. It was originally estimated in 2016 that a household with an average home assessment would see a tax increase of $14 per month. Thanks to costs savings from budget streamlining and consolidations of services, an average household will only see a $6.82 monthly tax increase.
The proposed budget is 100 percent aligned with the Board of Education’s goals to create systems to promote student achievement and increase outcomes, paying particular attention to subgroups in order to close the student achievement gap and implementing a multi-year plan for improving buildings, grounds, and facilities including the exploration of private and public partnerships.
Budget Newsletter 2018
Board of Education Adopts $246 million BudgetBudget has a zero percent increase in tax levy
The Mount Vernon City School District Board of Education unanimously approved a proposed $246,169,123 budget for the 2017-2018 school year on April 18.
The budget has a zero percent increase in the tax levy.
The total proposed taxes to be collected by the school district will be $134,077,473, which is unchanged for the fourth consecutive year.
The proposed budget is a 3.11 percent increase, or $7,419,288 above last year’s approved budget of $238,749,835.
In March, Moody’s Investors Service upgraded to A1 from A2 the underlying rating of the school district’s $87 million in general obligation debt. Moody’s also upgraded the district’s enhanced rating to Aa3 from A1. A better bond rating means the district will pay lower interest rates, saving millions of dollars in debt service in the coming years and providing more money for our schools and students.
The proposed budget is 100 percent aligned with the Board of Education’s goals to create systems to promote student achievement and increase outcomes, paying particular attention to subgroups in order to close the student achievement gap and implementing a multi-year plan for improving buildings, grounds, and facilities, including the exploration of private and public partnerships.
Mark Your Calendar!!
The Mount Vernon City School District and the Board of Trustees are committed to ensuring that our community has all the necessary information to make an educated vote on
Tuesday, May 15, 2018 School Budget and Trustee Election.
To ensure our community is adequatley informed the district will host in a LIVE interactive Broadcast presentation of the Superintendent's Proposed 2018-2019 Budget on Thursday, April 12, 2018. Members of the community will be able to view the budget presentation on Facebook, Live Stream, Youtube and Periscope. Community members will be ask questions during the live presentation using a variety of methods, including email, phone, and social media. More information will be posted as the date gets closer.
Thursday, April 12, 2018 @6PM Live on Facebook & LiveStream
Tuesday, May 1, 2018 @ 6:00 p.m. Education Center (District-Wide Public Hearing)
Monday, May 7, 2018 @ 6:00 p.m. Live on Facebook & LiveStream
Monday, May 14, 2018 @ 6:00 p.m. Grimes Elementary School