Tonawanda News

The City

March 12, 2014

Tonawanda district faces $821K budget gap

(Continued)

Tonawanda News — But even with those four reductions — which amount to $340,000 in savings — the district would still have a gap assuming a 2 percent or a 3 percent levy increase to stay within the state tax cap.

The board is also considering using the $165,000 in revenue from the sale of Central School to close the gap. But that approach could cause problems next year, Hitzges warned, as those funds will no longer be available, and a gap will likely occur as a result.

“It develops a very severe challenge to try to fill that if you go that way,” Hitzges said. 

The district plans on exploring possible shared services agreements with BOCES programs, and officials are also hoping they will know how much state aid the district will receive by the next meeting.

Contact reporter Jessica Bagley at 693-1000 ext. 4150, or follow her on Twitter @JessicaLBagley.

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