File for Civic News: RyeBudgetCteeNotes073014revBfinal
1. The School District reported a cumulative surplus of approximately $411,000 at the end of the latest fiscal year in June. Most of this is being retained to avoid the appearance of a spike in the 2015-2016 tax rate. This year’s tax rate should be flat, nevertheless. More Detail
2. High School tuition was well under the budget due to fewer students than anticipated, saving approximately $194,000. More Detail
3. However attendance is dropping, raising per student costs, a particular concern at the Junior High School. More Detail
4. Town expenditures appear to be on budget, with 58 percent of the budget remaining after the first half. Revenues are up $116,000 over the prior year. More Detail
5. Budget Committee Chairman Paul Goldman discusses his recent assumption of the Chairmanship of the Town Hall Committee. He praises the architect, but complains that they have had to endure wide-ranging discussion in the process of closing in on a plan. More Detail
