2024-2025 Budget
Across the state, 97% of the school budgets for the 2024-2025 school year that stayed within the tax cap were passed by voters according to the NYS School Boards Association. Valley Central was one of those districts.
On Tuesday, May 21, 2024, Valley Central School District residents passed the 2024-2025 budget of $129,300,000 with 662 yes votes (70.87%) and 272 no votes (29.12%). The budget-to-budget increase is 2.74% and a tax levy of 2.99% although the allowable tax levy (by tax levy limit calculation) was 5.66%, thus providing a tax saving to every district taxpayer.
Fast Facts:
- Proposed Budget: $129,300,000
- Budget to Budget Increase: 2.74%
- Proposed Tax Levy: 2.99%
The 2024-2025 Budget:
- Maintains all programs while staying well below tax levy limit and maximizes State Aid increase
- Maintains all curricular and extracurricular programs
- Maintains all positions that have been added for social and emotional support needs
- Continues leadership development/consultants
- Strategic Plan
- Data Teams
- Behavior management
- Adds a Girls Wrestling Team
- Fiscally responsible reductions to manage impact
- Reduction of staff through attrition
- Reallocation of staff where applicable for vacancies
- Discontinues District paid field trips
- Maintains the sound financial stability of the District
The VCSD budget history which can be found here.
The Tax Levy stayed under the tax levy limit for 2024-25 at 2.99%. The tax levy limit was 5.66%, thus providing a tax saving to every district taxpayer. The Tax Levy History can be found here.
Proposition 2 to fund Capital Project 2024, passed by similar margins to the budget.
Two Board of Education members were elected each for a three-year term ( July 1, 2024 through June 30, 2027): Angela Terralovora and Joseph Bond.
This budget maintains all programs for our students while staying under the tax cap and maximizing state aid. It is a fiscally responsible budget reducing the reliance on fund balance which ensures the future financial stability of the school district.
Sources of Revenue
- State Aid: $53,961,431 (42%)
- Tax Levy: $68,974,000 (53%)
- Other: $6,364,569 (5%)
Expenditures
Program Budget: $105,239,266 (81%)
The Program Budget includes: The salaries and benefits of all teachers, guidance counselors, aides, monitors, psychologists, nurses, social workers, and speech therapists. Also included are the costs associated with all the instruction and extra-curricular programs.
Capital Budget: $12,904,366 (10%)
The Capital Budget includes: Debt service on buildings; bus purchases; tax certiorari and court-ordered costs; and operations and maintenance costs including custodial staff.
Administrative Budget: $11,156,368 (9%)
The Administrative Budget includes: The salaries and benefits of all professional members who spend 50 percent or more of their time in administration and supervision. Also included are clerical staff; public information; curriculum development and supervision; research, planning, and evaluation; legal services; and school board-related costs.
The 2024-2025 Budget aligns with the District Strategic Goals.
- It aligns with the aspiration of Valley Central being rated in the top 5 schools in Orange County at the best value for the community.
- Valley Central provides quality education to the community’s children at the same time its per-pupil spending level is the third lowest in Orange County.
