Otselic Valley Holds Budget Hearing Tuesday
Published: May 9th, 2011
By: Brian Golden

SOUTH OTSELIC – Otselic Valley Central School District voters will have one last chance to weigh in on the district’s proposed 2011-2012 budget at 7:30 p.m. Tuesday at the Otselic Valley Junior-Senior High School, 125 County Route 13A, South Otselic.

Tomorrow night’s annual budget hearing will address the district’s projected tax levy increase of 1.53 percent; the movement of the fifth and sixth grades from the OVCS Elementary School to the Junior-Senior High School; state aid cuts of approximately $321,000 and the natural growth of the budget due to contractual obligations, increased insurance costs and rising fuel prices. The overall budget gap is estimated at $500,000.

According to the OVCS Board of Education, the proposed 2011-2012 budget includes a reduction of $18,366 – or .21 percent – as compared to last year’s budget of $8,923,487.

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