SCENARIOS FOR REVISED FY 07 BUDGET

This page shows scenarios based on guidance given at Monday night's Council meeting. A 3.5% tax increase requires a cut of $933,223 after $345,000 is applied from State Aid.
 
         
         
  Scenario "A" Scenario "B" Scenario "C"  
  ($650K - BOE) ($600K - BOE) ($400K - BOE)  
         
Board of Education 650,000 600,000 400,000  
Town 283,223 333,223 400,000  
         
     

(133,223)

 Shortfall
         

An additional cut in the amount of $25,000 is required to cover the cost of a supplemental tax billing.